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Cable Update (GBPUSD)

  • #98,961
  • Nov 17, 2008 3:11pm Nov 17, 2008 3:11pm
Quoting Infinity
Jamaican dollar is worthless...
Just digging in the trenches like everyone else!
  • #98,962
  • Nov 17, 2008 3:12pm Nov 17, 2008 3:12pm
Quoting eohater
No offense taken here. I think he has a hell of a problem on his hands. I hope he can get it under control or else were looking at the 30's all over again. I'll leave the states if this happens and will probably never return.
well mate you defo don't wan to come to this damp island, we're in the shissel just as much as you guys, but at least you got some sunshine.
please DON'T copy my trades I am still learning
  • #98,963
  • Nov 17, 2008 3:12pm Nov 17, 2008 3:12pm
Quoting eohater
The 1h 10sma is providing some nice support from her falling down. If she breaks here, we'll see the 1h 62ema. Be prepared for longs to kick in around this price (492x currently). My short has TP set at 1.4950 and I'll be looking for a long off the 1h 62ema.
Watch out around the 15m 50ema as well.. That's my target anyway...
Patience + Discipline - Greed = Success
  • #98,964
  • Nov 17, 2008 3:13pm Nov 17, 2008 3:13pm
Quoting Infinity
Watch out around the 15m 50ema as well.. That's my target anyway...
Depending upon how this candle closes, I might close out and go long with my SL around the 15 50ema.
Just digging in the trenches like everyone else!
  • #98,965
  • Nov 17, 2008 3:15pm Nov 17, 2008 3:15pm
oh no, not a bounce again no...
When life gives you lemons, make lemonade
  • #98,966
  • Nov 17, 2008 3:17pm Nov 17, 2008 3:17pm
whats this news
city group fired 53k employees
When life gives you lemons, make lemonade
  • #98,967
  • Nov 17, 2008 3:20pm Nov 17, 2008 3:20pm
Quoting eohater
Depending upon how this candle closes, I might close out and go long with my SL around the 15 50ema.
Attached Image (click to enlarge)
Click to Enlarge Name: 2D-15M.PNG Size: 82 KB
GELORE
  • #98,968
  • Nov 17, 2008 3:20pm Nov 17, 2008 3:20pm
Quoting micho
whats this news
city group fired 53k employees
They sure did!
Just digging in the trenches like everyone else!
  • #98,969
  • Nov 17, 2008 3:23pm Nov 17, 2008 3:23pm
Quoting eohater
They sure did!

does that have any impact on the dollar (unemployment rate)??
When life gives you lemons, make lemonade
  • #98,970
  • Nov 17, 2008 3:29pm Nov 17, 2008 3:29pm
Quoting micho
does that have any impact on the dollar (unemployment rate)??
Good question! I have no idea. I'm sure it will affect the unemployment rate. JPMorgan Chase Bank is in the process of laying people off as well. Here these fucking banks got this bailout money and now their sitting on it, giving bonuses to their executives, not loaning to the consumer or businesses, and laying people off. Our govt. fucked up when they released the bailout plan. It didn't bail anyone out except for the higher executives. Sorry for the rant, but it really pisses me off.
Just digging in the trenches like everyone else!
  • #98,971
  • Nov 17, 2008 3:34pm Nov 17, 2008 3:34pm
Took long off that bounce on 15m50ma, tight SL. Anyone with me?
Looking for that monthly trend to be tested and rejected hopefully, around 5130. And short from there. Wouldn't that be nice!
  • #98,972
  • Nov 17, 2008 3:34pm Nov 17, 2008 3:34pm
Quoting eohater
Good question! I have no idea. I'm sure it will affect the unemployment rate. JPMorgan Chase Bank is in the process of laying people off as well. Here these fucking banks got this bailout money and now their sitting on it, giving bonuses to their executives, not loaning to the consumer or businesses, and laying people off. Our govt. fucked up when they released the bailout plan. It didn't bail anyone out except for the higher executives. Sorry for the rant, but it really pisses me off.
I might think she waiting trader for long and swep all the money and back down
GELORE
  • #98,973
  • Nov 17, 2008 3:34pm Nov 17, 2008 3:34pm
im scared to be hit at be again...
When life gives you lemons, make lemonade
  • #98,974
  • Nov 17, 2008 3:36pm Nov 17, 2008 3:36pm
Hi all.I closed short i had at 4990.On 15 fib i need break 23 fib for more down.
On 15 chart we are betwen blue line (Gann or 10 ema or T# line)Call it how do you want), and that purpole line.We need break 1 of this 2.Purple line i harder to break ,and until 1 hr parabolic is bulish and we are above GAnn that line is good for long with small SL.If we break that4972 area we are testing 1 hr gann 4962 for now and maybe lower to hr gann which is in 4752 area for now.How times go by this areas will change,For now i wil maybe go long more then short,but this is asia so will wait tommorow most likly.

daily momentum was up so we came to 5 ema but weekly is bearish so...will see.

Trade well
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: cable 15.gif Size: 21 KB
Click to Enlarge Name: cable 1hr.gif Size: 21 KB
Click to Enlarge Name: cable 4hr.gif Size: 18 KB
  • #98,975
  • Nov 17, 2008 3:38pm Nov 17, 2008 3:38pm
if it didnt retrace more up, first target 69 then 44
When life gives you lemons, make lemonade
  • #98,976
  • Nov 17, 2008 3:41pm Nov 17, 2008 3:41pm
I just closed my short at 85... More pips will come later on...
Patience + Discipline - Greed = Success
  • #98,977
  • Nov 17, 2008 3:45pm Nov 17, 2008 3:45pm
my tp is at 70
When life gives you lemons, make lemonade
  • #98,978
  • Nov 17, 2008 3:49pm Nov 17, 2008 3:49pm
i am long 4980
  • #98,979
  • Nov 17, 2008 3:49pm Nov 17, 2008 3:49pm
Quoting eohater
Good question! I have no idea. I'm sure it will affect the unemployment rate. JPMorgan Chase Bank is in the process of laying people off as well. Here these fucking banks got this bailout money and now their sitting on it, giving bonuses to their executives, not loaning to the consumer or businesses, and laying people off. Our govt. fucked up when they released the bailout plan. It didn't bail anyone out except for the higher executives. Sorry for the rant, but it really pisses me off.

I know, I feel the same way......some executives even got bonuses!!!!

  • #98,980
  • Nov 17, 2008 3:51pm Nov 17, 2008 3:51pm
It's going north again guys
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