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Cable Update (GBPUSD)

  • #101,441
  • Nov 26, 2008 10:42am Nov 26, 2008 10:42am
Quoting AmeriTrini
we formed a higher low on the 4hr, which is enough for me to hold onto that long at 5235.
Well, here's to getting out cookies back! Let's see her run up and make a higher high. This run down is a bunch of shit! With that being said, I like how the last 15m candle is forming to close. Gives me hope to sanity.
Just digging in the trenches like everyone else!
  • #101,442
  • Nov 26, 2008 10:44am Nov 26, 2008 10:44am
Quoting Big Wave Rider
That being said, GO DOLLAR GO

Damn Every time I open my big mouth about my position it freaking reverses. I need to learn to keep my mouth shut. Last time I did this I posted my pip count, 10 minutes later was the end of the down trend.


I guess it's telling the mob that your stealing from them while your stealing it.
Just Trade It
  • #101,443
  • Nov 26, 2008 10:45am Nov 26, 2008 10:45am
Quoting eohater
Well, here's to getting out cookies back! Let's see her run up and make a higher high. This run down is a bunch of shit! With that being said, I like how the last 15m candle is forming to close. Gives me hope to sanity.
I just joined the long party at 5200...
not looking for much though..
Patience + Discipline - Greed = Success
  • #101,444
  • Nov 26, 2008 10:45am Nov 26, 2008 10:45am
Quoting AmeriTrini
buy @ 5235


Why did you all leave the short bus with me at 5510 its been a nice ride. Still holding a good winning trade.
  • #101,445
  • Nov 26, 2008 10:46am Nov 26, 2008 10:46am
Quoting eohater
Well, here's to getting out cookies back! Let's see her run up and make a higher high. This run down is a bunch of shit! With that being said, I like how the last 15m candle is forming to close. Gives me hope to sanity.
im in with u on this one bro..lets hope the boat dont sink...the bus is shit
  • #101,446
  • Nov 26, 2008 10:46am Nov 26, 2008 10:46am
Quoting Infinity
I just joined the long party at 5200...
not looking for much though..
I hope you put your mojo on her ass!
Just digging in the trenches like everyone else!
  • #101,447
  • Nov 26, 2008 10:46am Nov 26, 2008 10:46am
According to my trendline, the 15M bar closed below the 1.5237. The price is the upper band of the channel so I believe we are headed down until the end of the day. Tomorrow we shall be up due to the US holiday and low volume. In my opinion!
  • #101,448
  • Nov 26, 2008 10:46am Nov 26, 2008 10:46am
Quoting Infinity
I just joined the long party at 5200...
not looking for much though..
Im holding this baby till over 5500............
  • #101,449
  • Nov 26, 2008 10:47am Nov 26, 2008 10:47am
Quoting Infinity
I just joined the long party at 5200...
not looking for much though..
cool! move above 37s then target 78 perhaps, lets this dust settle now, it was hell of a fast move!
Trading is 80% Emotional, 20% Technical
  • #101,450
  • Nov 26, 2008 10:48am Nov 26, 2008 10:48am
Quoting AmeriTrini
Im holding this baby till over 5500............
now your being recklessly optimism bro!!!

would be nice thou!!!
Trading is 80% Emotional, 20% Technical
  • #101,451
  • Nov 26, 2008 10:48am Nov 26, 2008 10:48am
This is interesting, This move is not affecting the basket
Which is either a false move, or a great opportunity for the other pairs to catch up. Or a great way to totally confuse people before shooting off in it's intended direction. Or a really volatile doji.
Just Trade It
  • #101,452
  • Nov 26, 2008 10:48am Nov 26, 2008 10:48am
Quoting steelhead
Why did you all leave the short bus with me at 5510 its been a nice ride. Still holding a good winning trade.

I thought you favored longs?!?!?
  • #101,453
  • Nov 26, 2008 10:48am Nov 26, 2008 10:48am
Quoting eohater
Not really bro! I didn't see her dropping her pants, bending over and asking to be spanked. This is fucked!
Nobody saw that big a drop but you did see that it was building value for a run down.

I was thinking the same thing and you were the confirmation. TY

Trade what you see.
  • #101,454
  • Nov 26, 2008 10:49am Nov 26, 2008 10:49am
Quoting AmeriTrini
Im holding this baby till over 5500............
thats what i was looking to do.....but i dont have experience with what just happenned...i take it u consider it just noise jamie?
  • #101,455
  • Nov 26, 2008 10:50am Nov 26, 2008 10:50am
This is why I went long...
Attached Image (click to enlarge)
Click to Enlarge Name: m15.gif Size: 28 KB
Patience + Discipline - Greed = Success
  • #101,456
  • Nov 26, 2008 10:51am Nov 26, 2008 10:51am
Quoting AmeriTrini
Im holding this baby till over 5500............
Now that would be nice! I don't see it though bro! I hope your right though, I'm in the same boat.
Just digging in the trenches like everyone else!
  • #101,457
  • Nov 26, 2008 10:51am Nov 26, 2008 10:51am
Quoting nAVIN2007
thats what i was looking to do.....but i dont have experience with what just happenned...i take it u consider it just noise jamie?
ofcourse........we just had a whole lot of economic activity for the market to digest.
  • #101,458
  • Nov 26, 2008 10:51am Nov 26, 2008 10:51am
Quoting AmeriTrini
I thought you favored longs?!?!?

500-800 pips ago I was favoring longs. At 5510 I went short.
  • #101,459
  • Nov 26, 2008 10:51am Nov 26, 2008 10:51am
Quoting steelhead
Why did you all leave the short bus with me at 5510 its been a nice ride. Still holding a good winning trade.
Well Steelhead, I owe you a cold one if I ever see you. Went short a little before you and every time it retraced and I got nervous I remebered your position so I added again, and again, and again. Just closed the lot at 1.5200 for a gain on the trade of £26,200 which includes a small loss on the S&P.

Think it has further to go but have to leave some for some one else. My broker is going to go ape.
This space intentionally left blank.
  • #101,460
  • Nov 26, 2008 10:52am Nov 26, 2008 10:52am
Quoting steelhead
Why did you all leave the short bus with me at 5510 its been a nice ride. Still holding a good winning trade.
that level was the perfect short trade,
Trading is 80% Emotional, 20% Technical
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