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Cable Update (GBPUSD)

  • #100,821
  • Nov 25, 2008 6:47am Nov 25, 2008 6:47am
I just bought...
Patience + Discipline - Greed = Success
  • #100,822
  • Nov 25, 2008 6:50am Nov 25, 2008 6:50am
Quoting Infinity
1h 62ema at 5015 o be careful with that one...
look who's talking im on profit since my PO get hit 1.5030. will let it touch my TP 1.4970 soon.

  • #100,823
  • Nov 25, 2008 6:50am Nov 25, 2008 6:50am
what is ur tp??
  • #100,824
  • Nov 25, 2008 6:52am Nov 25, 2008 6:52am
Quoting moewenger
look who's talking im on profit since my PO get hit 1.5030. will let it touch my TP 1.4970 soon.

I hope you get your tp
Patience + Discipline - Greed = Success
  • #100,825
  • Nov 25, 2008 6:53am Nov 25, 2008 6:53am
I Think We Will Se 1.48xx Today, Maybe The Up Trend Ends
what you get in the wind goes through the storms
  • #100,826
  • Nov 25, 2008 6:54am Nov 25, 2008 6:54am
Quoting Infinity
I just bought...
  • #100,827
  • Nov 25, 2008 6:56am Nov 25, 2008 6:56am
Quoting dRunKen aRmy
what is ur tp??
As I told TP is 1.4970 for me. But it seems it only went down until 1.4990 so I'm close already hit my TS at 1.5015. Got +15 green so far for today.

  • #100,828
  • Nov 25, 2008 6:59am Nov 25, 2008 6:59am
Quoting Infinity
I hope you get your tp
thanks, and you just in time for buying at 61.8 fib. good luck.
  • #100,829
  • Nov 25, 2008 7:05am Nov 25, 2008 7:05am
You can see we penetrated trend line, 23.6 and 50 ema on 4hr chart. We bounced exactly on the 61.8 retrace on the 1 hr. Just have to wait and see. My first thoughts are it should go back up but I will react to whatever happens. I did take a short at 1.5038 and have locked in 1 pip and will let it run.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cabletoday4r5.gif Size: 20 KB
Click to Enlarge Name: cabletoday1hr5.gif Size: 20 KB
Zone Breakout Method
  • #100,830
  • Nov 25, 2008 7:06am Nov 25, 2008 7:06am
Quoting Infinity
I hope you get your tp
This isn't It should go long from this morning, not short. Oboy.. my long is now -174
GELORE
  • #100,831
  • Nov 25, 2008 7:08am Nov 25, 2008 7:08am
Quoting i.shawish
I Think We Will Se 1.48xx Today, Maybe The Up Trend Ends
it's possible dude. will see it going there after GDP news. looks good at dollar index.
  • #100,832
  • Nov 25, 2008 7:09am Nov 25, 2008 7:09am
Quoting musani
This isn't It should go long from this morning, not short. Oboy.. my long is now -174
close it wisely as it'll heading towards 1.48xx later. no chance for cable as rate cuts is coming in two-three days time.
  • #100,833
  • Nov 25, 2008 7:10am Nov 25, 2008 7:10am
Quoting musani
This isn't It should go long from this morning, not short. Oboy.. my long is now -174
where is ur sl??
  • #100,834
  • Nov 25, 2008 7:11am Nov 25, 2008 7:11am
You can see we penetrated trend line, 23.6 and 50 ema on 4hr chart. We bounced exactly on the 61.8 retrace on the 1 hr. Just have to wait and see. My first thoughts are it should go back up but I will react to whatever happens. I did take a short at 1.5038 and have locked in 1 pip and will let it run.

PT

Sorry I messed this up first time I tried to post.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cabletoday4r5.gif Size: 23 KB
Click to Enlarge Name: cabletoday1r5.gif Size: 20 KB
Zone Breakout Method
  • #100,835
  • Nov 25, 2008 7:12am Nov 25, 2008 7:12am
I just short at 1.5053...
Can anybody comment?
Is my skill ok?
I'm still learning, read many indi, fibo, pitcok...
And finally i got dizzy...


*I sell after the price pass the Yellow TL and Pivot.
Attached Image (click to enlarge)
Click to Enlarge Name: gu today.gif Size: 32 KB
Learning, is a never ending processs...
  • #100,836
  • Nov 25, 2008 7:14am Nov 25, 2008 7:14am
Quoting dRunKen aRmy
where is ur sl??
If get trap at 5189 long and when i open after 10hr later this what if got
I never been lost at this high so far.
GELORE
  • #100,837
  • Nov 25, 2008 7:15am Nov 25, 2008 7:15am
Quoting Infinity
I just bought...
hope you're aware of the gdp figures coming in 15 mins. It's looking like it's going to be a bad figure, which will most probably be bullish for the dollar-i.e. risk aversion.
But then it's news so it could go either way.
  • #100,838
  • Nov 25, 2008 7:19am Nov 25, 2008 7:19am
i ws in the hedge i cancellend the short and let the long ride out...my SL is below the low of yesterday...

i will never ever look at a lower time frame again..

just when i think i improving i do something stupid
  • #100,839
  • Nov 25, 2008 7:21am Nov 25, 2008 7:21am
Just closed my long from 4990. Waiting for the news now.
  • #100,840
  • Nov 25, 2008 7:22am Nov 25, 2008 7:22am
as long as you learn navin
i made +2 pips
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