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Cable Update (GBPUSD)

  • #98,761
  • Nov 17, 2008 9:53am Nov 17, 2008 9:53am
Quoting eohater
I know, it's perplexing as to why I went short. We'll see how it works out, I'm setting with my SL at +2 now and waiting to see. I would expect a test of the 1h 62ema price level.

Maybe... That was a nice short, EO
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  • #98,762
  • Nov 17, 2008 9:57am Nov 17, 2008 9:57am
i missed the trade on my way home... was thinking of shorting for a scalp at 54... fuck it man fuck it
When life gives you lemons, make lemonade
  • #98,763
  • Nov 17, 2008 9:58am Nov 17, 2008 9:58am
Quoting micho
i missed the trade on my way home... was thinking of shorting for a scalp at 54... fuck it man fuck it
Thanks for the laugh! I like your attitude. Don't worry though, there will be plenty more to be had.
Just digging in the trenches like everyone else!
  • #98,764
  • Nov 17, 2008 9:59am Nov 17, 2008 9:59am
Quoting m00jiman
Maybe... That was a nice short, EO
It might be. We'll see. I'm not ruling out this bouncing off the 1h 62ema and shooting up north again.
Just digging in the trenches like everyone else!
  • #98,765
  • Nov 17, 2008 9:59am Nov 17, 2008 9:59am
Quoting micho
i missed the trade on my way home... was thinking of shorting for a scalp at 54... fuck it man fuck it

It was a nice trade There will be plenty more though, plenty more!
  • #98,766
  • Nov 17, 2008 10:00am Nov 17, 2008 10:00am
Quoting eohater
I know, it's perplexing as to why I went short. We'll see how it works out, I'm setting with my SL at +2 now and waiting to see. I would expect a test of the 1h 62ema price level.
looks like it worked out good.......you have balls of STEEL!!

  • #98,767
  • Nov 17, 2008 10:01am Nov 17, 2008 10:01am
Libb I am targeting 14900 for now. With Gordon Brown speaking now, I wouldn't be surprised if we don't get further.


Quoting libb
I'm in about same area, where are you looking for TP?
Ride the Bulls bearback!
  • #98,768
  • Nov 17, 2008 10:01am Nov 17, 2008 10:01am
Quoting "expert"
Oh yea baby.Go up more and more.Bears i hope you can handle this with you MM.5020 area i think comong soon.i am Still long.

Eohater wheare are you?
Sorry bro! I was having breakfast with the family.
Just digging in the trenches like everyone else!
  • #98,769
  • Nov 17, 2008 10:02am Nov 17, 2008 10:02am
Quoting eohater
Thanks for the laugh! I like your attitude. Don't worry though, there will be plenty more to be had.
i was waiting for this level all day long to see a pattern on the 15m chart
i left work from 45 minutes while the wick candle was forming... i needed to see the next 15m candle to be bearish to make sure to go short.. but i was driving on that time

i even made sell at 45 but my broker said, u really wanna sell at 40???? then again i said yes and then i got u really wanna sell at 38?? i said fuck it i dont want it anymore!!!!!!!!!!
When life gives you lemons, make lemonade
  • #98,770
  • Nov 17, 2008 10:04am Nov 17, 2008 10:04am
Quoting eohater
I know, it's perplexing as to why I went short. We'll see how it works out, I'm setting with my SL at +2 now and waiting to see. I would expect a test of the 1h 62ema price level.
It was a great trade!! We have targets of 1h 62ema, 15m 50ema and 4h 5 sma which are all in the same area....near 4900..
Patience + Discipline - Greed = Success
  • #98,771
  • Nov 17, 2008 10:04am Nov 17, 2008 10:04am
Quoting "expert"
So silence.

I am still long.Targeting daily 5 ema for now.This 4950 area is strong resistance,so if someone thiks this is going down this is place for short.Small risk.No eed for big SL.

But today i am long for now.

Eohater.What your 62 ema saying.How do you trade on this levels?Any thinking?
I took the short this morning when she first touched the 62ema and was closed out for a 35pip loss. No worries. Once she breaks above the 62, I'm watching to see how she responds. Usually, she will come down, test it as support and then shoot back up. Once I find a good target to short at once we're above the 62ema, I use the 62 as my 1st target for profit realizing that the 62ema has effectively become support. I'll post a chart tonight for further clarification.
Just digging in the trenches like everyone else!
  • #98,772
  • Nov 17, 2008 10:05am Nov 17, 2008 10:05am
Quoting micho
i was waiting for this level all day long to see a pattern on the 15m chart
i left work from 45 minutes while the wick candle was forming... i needed to see the next 15m candle to be bearish to make sure to go short.. but i was driving on that time

i even made sell at 45 but my broker said, u really wanna sell at 40???? then again i said yes and then i got u really wanna sell at 38?? i said fuck it i dont want it anymore!!!!!!!!!!
Your broker is bending you over bro! It's time to find a new one!
Just digging in the trenches like everyone else!
  • #98,773
  • Nov 17, 2008 10:07am Nov 17, 2008 10:07am
Quoting eohater
Thanks for the laugh! I like your attitude. Don't worry though, there will be plenty more to be had.
where have you got 62ema at?, I've got 4914.

it didn't bounc off it earlier today, i got stuffed
please DON'T copy my trades I am still learning
  • #98,774
  • Nov 17, 2008 10:07am Nov 17, 2008 10:07am
fuck im short from here at 10
whatever happens

damn it
When life gives you lemons, make lemonade
  • #98,775
  • Nov 17, 2008 10:08am Nov 17, 2008 10:08am
Quoting AmeriTrini
looks like it worked out good.......you have balls of STEEL!!

Just digging in the trenches like everyone else!
  • #98,776
  • Nov 17, 2008 10:08am Nov 17, 2008 10:08am
Quoting Infinity
It was a great trade!! We have targets of 1h 62ema, 15m 50ema and 4h 5 sma which are all in the same area....near 4900..
I doubt very much its going there, look at the MTFs and tell me why I think so.
  • #98,777
  • Nov 17, 2008 10:08am Nov 17, 2008 10:08am
i am still long.We are still above all emas and Ganns on all TF so will not go for retrace.Just for main move.But this 15 min looks like loosing power,but still long.4 hr chart shows why and indicators are still bulish on 1 hr and 4 hr
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  • #98,778
  • Nov 17, 2008 10:09am Nov 17, 2008 10:09am
Quoting Infinity
It was a great trade!! We have targets of 1h 62ema, 15m 50ema and 4h 5 sma which are all in the same area....near 4900..
She's acting like she wants to close me out though. Down baby, down!!!
Just digging in the trenches like everyone else!
  • #98,779
  • Nov 17, 2008 10:11am Nov 17, 2008 10:11am
im still short and im not closing this
When life gives you lemons, make lemonade
  • #98,780
  • Nov 17, 2008 10:11am Nov 17, 2008 10:11am
Quoting AmeriTrini
I doubt very much its going there, look at the MTFs and tell me why I think so.
I think it will based on the tfs I posted earlier.. it could test the highs first... if the highs are broken then you may well be right..
Patience + Discipline - Greed = Success
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