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Cable Update (GBPUSD)

  • #101,761
  • Nov 27, 2008 4:07am Nov 27, 2008 4:07am
Quoting gagakrimba
Yeah...that's why i set my TP @ 1.5515
You will get it, I don't see yet a parabolic sar to confim bearish on M5 ! Don't konw next 5 minutes !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #101,762
  • Nov 27, 2008 4:07am Nov 27, 2008 4:07am
am long 1.5485
  • #101,763
  • Nov 27, 2008 4:10am Nov 27, 2008 4:10am
Quoting enoh james a
am long 1.5485
oooo dear....a bit late i think
  • #101,764
  • Nov 27, 2008 4:10am Nov 27, 2008 4:10am
Quoting enoh james a
am long 1.5485


This is what i will never understand. Currency has gone up over 130 pips and folks decide to go long now. Right into a major s/r level. Why not long like gagakrimba 130 pips ago.

Unbelievable I hope it works out for you but In my opinion that long entry is crazy.

Check out my thread on euro/aussie it is a beast. Taming the untamable is the thread.

Happy Turkey Day to all my fellow Americans
  • #101,765
  • Nov 27, 2008 4:12am Nov 27, 2008 4:12am
Quoting gagakrimba
oooo dear....a bit late i think
yea, late coz the best price with less risk is 1.5470. but TP regularly guys.
i dont think it will break more than 1.5555.
  • #101,766
  • Nov 27, 2008 4:13am Nov 27, 2008 4:13am
Quoting enoh james a
am long 1.5485
Dude, don't be trigger happy, be patient. Let the trade come to you.
  • #101,767
  • Nov 27, 2008 4:14am Nov 27, 2008 4:14am
Quoting enoh james a
am long 1.5485
Hmmmm.. If I were you I set SL at 1.5435-40 ! And move to green pips when price action on there ! And waiting for the good level to short !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #101,768
  • Nov 27, 2008 4:14am Nov 27, 2008 4:14am
Quoting Vourvoul
That's where I got in... 61.8 Fib
me too
  • #101,769
  • Nov 27, 2008 4:15am Nov 27, 2008 4:15am
Quoting steelhead
This is what i will never understand. Currency has gone up over 130 pips and folks decide to go long now. Right into a major s/r level. Why not long like gagakrimba 130 pips ago.

Unbelievable I hope it works out for you but In my opinion that long entry is crazy.

Check out my thread on euro/aussie it is a beast. Taming the untamable is the thread.

Happy Turkey Day to all my fellow Americans
They entered at this level after getting confirmation the uptrend.
  • #101,770
  • Nov 27, 2008 4:17am Nov 27, 2008 4:17am
Quoting enoh james a
me too

Wether it works or not in all honesty that is a horrible entry. long at 1.5485 most likely will get you kicked in the arsh. I hope it works for you

What made you do that entry there had to be some logical reason.
  • #101,771
  • Nov 27, 2008 4:17am Nov 27, 2008 4:17am
Quoting manize
Hmmmm.. If I were you I set SL at 1.5435-40 !
better to breakeven it now
  • #101,772
  • Nov 27, 2008 4:17am Nov 27, 2008 4:17am
Quoting enoh james a
am long 1.5485


Quoting enoh james a
Quote:
Originally Posted by Vourvoul http://www.forexfactory.com/images/buttons/viewpost.gif
That's where I got in... 61.8 Fib


me too
  • #101,773
  • Nov 27, 2008 4:21am Nov 27, 2008 4:21am
looking for short entry....
Patience is the keyword here...
  • #101,774
  • Nov 27, 2008 4:21am Nov 27, 2008 4:21am
Quoting gagakrimba
They entered at this level after getting confirmation the uptrend.


If your system is just getting confirmation to go long you need to get a new system. Like I said I hope it works but im shaking my head why anyone would go long now against a major s/r level at 1.5500.
  • #101,775
  • Nov 27, 2008 4:23am Nov 27, 2008 4:23am
Quoting steelhead
Happy Turkey Day to all my fellow Americans
poor turkeys, how many of them will be killed today
  • #101,776
  • Nov 27, 2008 4:24am Nov 27, 2008 4:24am
I see a parabolic sar to confirm bearish on M5 now, becarefull for long !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #101,777
  • Nov 27, 2008 4:25am Nov 27, 2008 4:25am
2nd try to break 1.5495 fails.
Lets see what happen on the 3rd attempt...if there is any
  • #101,778
  • Nov 27, 2008 4:26am Nov 27, 2008 4:26am
if it goes under 55 i think there wont be a third attempt
PIPPED TO THE LINE
  • #101,779
  • Nov 27, 2008 4:27am Nov 27, 2008 4:27am
Good entry for long at this level now
  • #101,780
  • Nov 27, 2008 4:27am Nov 27, 2008 4:27am
It is true. Personally I would rather risk the bounce off a key level. I took 20 on the first bounce and 30 on the 2nd.

Quoting steelhead
If your system is just getting confirmation to go long you need to get a new system. Like I said I hope it works but im shaking my head why anyone would go long now against a major s/r level at 1.5500.
Ride the Bulls bearback!
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