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Cable Update (GBPUSD)

  • #100,201
  • Nov 21, 2008 8:08am Nov 21, 2008 8:08am
Quoting AmeriTrini
wow, I closed way too early!!!!!!!!!..............
yes me too, because my account is only 1k i cant afford a 15% stop loss but its okay
When life gives you lemons, make lemonade
  • #100,202
  • Nov 21, 2008 8:09am Nov 21, 2008 8:09am
Quoting micho
your target is 1.4730 +-10 pips dont close before that
127 minimium i think
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  • #100,203
  • Nov 21, 2008 8:09am Nov 21, 2008 8:09am
Didnt get to the table until late but was happy with my 60 pips untill it went down another 130 just after I bailed out
  • #100,204
  • Nov 21, 2008 8:09am Nov 21, 2008 8:09am
we touched the target of the 4h down trend as well... shorts beware from here
When life gives you lemons, make lemonade
  • #100,205
  • Nov 21, 2008 8:11am Nov 21, 2008 8:11am
Quoting nAVIN2007
117 pips ...its the biggest to date..its on a micro account thou 10p a pips but i dont care i only want to get displine and build on this

NIce one!! hope you make many many more in the future!
  • #100,206
  • Nov 21, 2008 8:11am Nov 21, 2008 8:11am
Quoting micho
FYI
This has played true to form...
Patience + Discipline - Greed = Success
  • #100,207
  • Nov 21, 2008 8:12am Nov 21, 2008 8:12am
went out at 4715 as oil made a double bottom at exactly same time
  • #100,208
  • Nov 21, 2008 8:12am Nov 21, 2008 8:12am
Quoting nAVIN2007
if i exit now ....this would be the biggest number of pips on live account i have experienced....i hope it doesnt go wrong
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #100,209
  • Nov 21, 2008 8:12am Nov 21, 2008 8:12am
Quoting Chris_35
Didnt get to the table until late but was happy with my 60 pips untill it went down another 130 just after I bailed out
when there 60 pips i find afinity and EO method better place on BE...and the momentum will take it there....i was amazed yesterday i had this chance to sell from so high up....i dont even understand why it went up yesterday

weekly say down and knew today it ould once direction down was known it could fly....glad to see it did...

im on BE now .....
  • #100,210
  • Nov 21, 2008 8:13am Nov 21, 2008 8:13am
Quoting Infinity
This has played true to form...
When life gives you lemons, make lemonade
  • #100,211
  • Nov 21, 2008 8:18am Nov 21, 2008 8:18am
safe haven blah blah still working - the worse US figures are,the more the USD goes up

That will snap sometime in spectacular fashion - but not yet I reckon
  • #100,212
  • Nov 21, 2008 8:19am Nov 21, 2008 8:19am
just need to break the low of yesterday to gain more momentum...it broke the high of yesterday and rejected, there only one way to go now ....down i hope
  • #100,213
  • Nov 21, 2008 8:19am Nov 21, 2008 8:19am
Right on the button! Four confirmations on the Absolute Fibonacci Framework.

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The framework is there; we just have to work on our frame of mind.
  • #100,214
  • Nov 21, 2008 8:22am Nov 21, 2008 8:22am
Quoting nAVIN2007
just need to break the low of yesterday to gain more momentum...it broke the high of yesterday and rejected, there only one way to go now ....down i hope

i think this will bounce a bit from here to be honest
  • #100,215
  • Nov 21, 2008 8:24am Nov 21, 2008 8:24am
possible triple bottom coming up... who knows
When life gives you lemons, make lemonade
  • #100,216
  • Nov 21, 2008 8:27am Nov 21, 2008 8:27am
Well this was a day:first i was sure we are going up because we break 4 hr gan on up.We did.And that 5050 area for some days are good as resistance..then on 15 m gann we break down.So i went short at 5011 and target was 1 hr gann but we come to all the way of 4 hr gan at DP area and more.Next pivot was 4718 and at 4720 closed short.in 1 day 2 breaking of gan on 4 hr chart.WOW.That is what i call volatility,and never see that before..Now long again to Dp area 4810 to take that retrace that could happend because this was a big anf fast down so taking profits will happend foe sure.Important for me is to see how will 4 hr candle close.Below or above gann.

Any way when this long hit TP or Sl at BE+1 i quit for the day.

This Friday i will rember.

few minutes before my broker close will leave order with small Sl in case gapp goes on Sunday most likly on down but will see.

well hope you make it alive today

Oh while i was writin my TP hit.Nice.No more for me

I buy some GPS by GARMINI for car.Tomorrow will test it on road.Enjoy the weekend
  • #100,217
  • Nov 21, 2008 8:28am Nov 21, 2008 8:28am
Quoting PipLand
i think this will bounce a bit from here to be honest

yes absolutely...im on BE now anyway...lets see what happens
  • #100,218
  • Nov 21, 2008 8:28am Nov 21, 2008 8:28am
Quoting PipLand
i think this will bounce a bit from here to be honest
Yes, it will bounce. It just hit a huge barrier.
The framework is there; we just have to work on our frame of mind.
  • #100,219
  • Nov 21, 2008 8:29am Nov 21, 2008 8:29am
Quoting allserene
safe haven blah blah still working - the worse US figures are,the more the USD goes up

That will snap sometime in spectacular fashion - but not yet I reckon
I agree with this 100%. Whenever this turn occurs, it will be fast and deadly.... but if the week closes anywhere near the price we are at now, we look very likely to test the lows and possibly break them...maybe next week...

That being said... be careful of overtrading people, it is Freaky Friday and you don't want to give back your hard earned pips..
Patience + Discipline - Greed = Success
  • #100,220
  • Nov 21, 2008 8:30am Nov 21, 2008 8:30am
Quoting nAVIN2007
yes absolutely...im on BE now anyway...lets see what happens
you did not close it at 1.4730?>??
When life gives you lemons, make lemonade
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