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Cable Update (GBPUSD)

  • #100,221
  • Nov 21, 2008 10:31am Nov 21, 2008 10:31am
Quoting micho
you did not close it at 1.4730?>??
nope still in..on BREAK EVEN
  • #100,222
  • Nov 21, 2008 10:33am Nov 21, 2008 10:33am
Quoting nAVIN2007
nope still in..on BREAK EVEN
hopefully you will get another chance to close out
  • #100,223
  • Nov 21, 2008 10:34am Nov 21, 2008 10:34am
Quoting nAVIN2007
nope still in..on BREAK EVEN
what is the target now? because frankly i dont think we will break 1.47 before hitting your BE... just my opinion

i thought you closed it cause tp was supposed to be 1.47 maximum for now with this divergence
When life gives you lemons, make lemonade
  • #100,224
  • Nov 21, 2008 10:37am Nov 21, 2008 10:37am
Quoting micho
what is the target now? because frankly i dont think we will break 1.47 before hitting your BE... just my opinion

i thought you closed it cause tp was supposed to be 1.47 maximum for now with this divergence
theres a pin on the 30 minute which is looking very bad for down...i have look to see what happens....but i know what u mean....thx bro
  • #100,225
  • Nov 21, 2008 10:38am Nov 21, 2008 10:38am
Quoting nAVIN2007
theres a pin on the 30 minute which is looking very bad for down...i have look to see what happens....but i know what u mean....thx bro

yes and oil bounced hard off its double bottom
  • #100,226
  • Nov 21, 2008 10:38am Nov 21, 2008 10:38am
Oh man and USDCHF did make a move all day long.

On las monday my momentum on daily was very bulis but weakly was bearish,so i think monday up and rest of week down but then i seee that divergance on up on daily and still am confused.My boss says that this kind of volatility is sign of trend reversal in future.More fast will go down most likly but untill when ...

4000 maybe or more.

i am so intrested how will this weak close positive or negative.?
  • #100,227
  • Nov 21, 2008 10:40am Nov 21, 2008 10:40am
Quoting nAVIN2007
theres a pin on the 30 minute which is looking very bad for down...i have look to see what happens....but i know what u mean....thx bro
you should have closed it at 1.4735 dude really... just calculate your stop loss x 1.5 or by 2 and that would be a great target
When life gives you lemons, make lemonade
  • #100,228
  • Nov 21, 2008 10:40am Nov 21, 2008 10:40am
the pin on the 30 minute is right up against resisnce in dailly...lets see what happens
  • #100,229
  • Nov 21, 2008 10:41am Nov 21, 2008 10:41am
Quoting "expert"
Oh man and USDCHF did make a move all day long.

On las monday my momentum on daily was very bulis but weakly was bearish,so i think monday up and rest of week down but then i seee that divergance on up on daily and still am confused.My boss says that this kind of volatility is sign of trend reversal in future.More fast will go down most likly but untill when ...

4000 maybe or more.

i am so intrested how will this weak close positive or negative.?
Yeah I think shorts need to be very carefull next week, theres lots of interest in a dollar reversal from big players it seems
  • #100,230
  • Nov 21, 2008 10:43am Nov 21, 2008 10:43am
Quoting nAVIN2007
the pin on the 30 minute is right up against resisnce in dailly...lets see what happens
but look at the divergence on the charts, its not easy anymore to touch 1.47 like that... they tried several times and the last one was very strong and see the rejection...
When life gives you lemons, make lemonade
  • #100,231
  • Nov 21, 2008 10:46am Nov 21, 2008 10:46am
Quoting PipLand
Yeah I think shorts need to be very carefull next week, theres lots of interest in a dollar reversal from big players it seems
Well i am just following my Gann and parabolic and RSI,If they are above going long.If not going short.In other words go whear the big boys are.But somehow i just cant move that 5200-5250 area out of my head.This clasic divergances are usualy very strong and i see only once that they didnt played out.

we are below every gann and ema end parabolic that i use and big time too so we might come to 4861 or even 4900 area now.Will see in 3-4 hours.No trading for me now.
  • #100,232
  • Nov 21, 2008 10:47am Nov 21, 2008 10:47am
Quoting "expert"

I buy some GPS by GARMINI for car.Tomorrow will test it on road.Enjoy the weekend
The Garmin is almost as good as the Dutch Tomtom so enjoy it - I love my tomtom - when I go for a pee in the middle of the night, I use my tomtom to find the way back to bed

lets all be v careful because the dollar emperor has no clothes and we might wake up to see that at any time

The US financial media is banging on the right wing empire drum all the time. I heard em say BP is cosying up to communists in Russia and Churchill would spit in their grave. I also heard em say to hell with the French and their socialism. They are a bunch of rabid screaming foreigner-haters and living in a fools paradise - and when they are begging on a street corner they still wont get it. This winter is going to be very exciting with huge fortunes made and lost and we will see huge snap-backs in all directions - so lets keep it small or use s/l's as this is wipe out land
  • #100,233
  • Nov 21, 2008 10:50am Nov 21, 2008 10:50am
i have a question, who is a full time or dedicated trader here?
When life gives you lemons, make lemonade
  • #100,234
  • Nov 21, 2008 10:51am Nov 21, 2008 10:51am
Quoting micho
but look at the divergence on the charts, its not easy anymore to touch 1.47 like that... they tried several times and the last one was very strong and see the rejection...

gotta give it a chance lots of resistance...if 1hr close higher im closing
  • #100,235
  • Nov 21, 2008 10:51am Nov 21, 2008 10:51am
Quoting micho
i have a question, who is a full time or dedicated trader here?
Not me, this is just a hobby!
Just digging in the trenches like everyone else!
  • #100,236
  • Nov 21, 2008 10:52am Nov 21, 2008 10:52am
Quoting PipLand
Yeah I think shorts need to be very carefull next week, theres lots of interest in a dollar reversal from big players it seems
Don't try to read the too much into what big players do, just follow your charts and use good money and risk management....Today's close will tell the story for next week imo.
Patience + Discipline - Greed = Success
  • #100,237
  • Nov 21, 2008 10:52am Nov 21, 2008 10:52am
Quoting nAVIN2007
gotta give it a chance lots of resistance...if 1hr close higher im closing
If it nears 4700 again, I will buy her again. I bought back in at 4725 and I'll buy her again.
Just digging in the trenches like everyone else!
  • #100,238
  • Nov 21, 2008 10:54am Nov 21, 2008 10:54am
Quoting eohater
Not me, this is just a hobby!

hobby that makes me earn 232301293239$ lol nice hobby you got there
what other hobbies do you have looool
When life gives you lemons, make lemonade
  • #100,239
  • Nov 21, 2008 10:54am Nov 21, 2008 10:54am
Quoting micho
i have a question, who is a full time or dedicated trader here?
Quoting eohater
Not me, this is just a hobby!
Falls under hobby for me also...But I'm dedicated too...
Patience + Discipline - Greed = Success
  • #100,240
  • Nov 21, 2008 10:55am Nov 21, 2008 10:55am
Quoting Infinity
Don't try to read the too much into what big players do, just follow your charts and use good money and risk management....Today's close will tell the story for next week imo.
The charts are key!!..........yes.............
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