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Cable Update (GBPUSD)

  • #102,081
  • Nov 28, 2008 2:50am Nov 28, 2008 2:50am
Quoting indotrader
fall is likely IMHO... a flag then retest previos low then sail to the north
short closed.. long from ema 62 still open..
Money often costs too much...
  • #102,082
  • Nov 28, 2008 2:52am Nov 28, 2008 2:52am
Where to now ?
Up or Down ?
  • #102,083
  • Nov 28, 2008 2:56am Nov 28, 2008 2:56am
Quoting micho
sold at 85 target 59 stop loss 02
lets see what happens now
sold at 97 tight stop... lets party
  • #102,084
  • Nov 28, 2008 2:56am Nov 28, 2008 2:56am
Quoting indotrader
short closed.. long from ema 62 still open..
It didn't touch the 1H 62ema
  • #102,085
  • Nov 28, 2008 2:57am Nov 28, 2008 2:57am
Quoting nAVIN2007
they still there, actually the police are like guarding the next door property like crazy..maybe was a murder..im reluctant to trade today...i dont know if the candles are reflecting what should happens, plenty of noise im seeing, bounce of a range from one end to the other...

i hate trading friday cause of my broker opening at 11pm on sunday and i really just dont want to get in the shit...and friday is a day i tend to end up in it....
Who is your broker at the moment nAV?
  • #102,086
  • Nov 28, 2008 2:58am Nov 28, 2008 2:58am
Quoting Vourvoul
It didn't touch the 1H 62ema
nope..its near but I like to go long after 3 bearish candle for 1 bullish candle..

and I have 38.2 fib level from daily chart
Money often costs too much...
  • #102,087
  • Nov 28, 2008 3:01am Nov 28, 2008 3:01am
Quoting indotrader
nope..its near but I like to go long after 3 bearish candle for 1 bullish candle..
Hmmmm... interesting.
  • #102,088
  • Nov 28, 2008 3:02am Nov 28, 2008 3:02am
Bad news... maybe south?
  • #102,089
  • Nov 28, 2008 3:04am Nov 28, 2008 3:04am
Quoting indotrader
nope..its near but I like to go long after 3 bearish candle for 1 bullish candle..

and I have 38.2 fib level from daily chart
Ok, so you went long on the fib not the 1H 62ema...
  • #102,090
  • Edited 3:07am Nov 28, 2008 3:05am | Edited 3:07am
Quoting ady27
sold at 97 tight stop... lets party
yep i sold again at 95 target 69 stop loss 04

stop loss at BE now
When life gives you lemons, make lemonade
  • #102,091
  • Nov 28, 2008 3:08am Nov 28, 2008 3:08am
Quoting Vourvoul
Ok, so you went long on the fib not the 1H 62ema...
the more confirmations you have is the better..
Money often costs too much...
  • #102,092
  • Nov 28, 2008 3:09am Nov 28, 2008 3:09am
bulls eye i got my loss back plus a couple of pips
When life gives you lemons, make lemonade
  • #102,093
  • Nov 28, 2008 3:10am Nov 28, 2008 3:10am
Quoting Chris_35
Who is your broker at the moment nAV?
alpari.co.uk
  • #102,094
  • Nov 28, 2008 3:11am Nov 28, 2008 3:11am
i should have set my stop loss at 04 at first place... didnt look at the high of that 1 minute candle above the line
When life gives you lemons, make lemonade
  • #102,095
  • Nov 28, 2008 3:14am Nov 28, 2008 3:14am


first entry at 85, tp 58 stop at 02... after bearish engulfing and inversed hammer...

second entry at 95, tp 69 stop at 04... after bearish piercing
Attached Image (click to enlarge)
Click to Enlarge Name: 3.gif Size: 43 KB
When life gives you lemons, make lemonade
  • #102,096
  • Nov 28, 2008 3:15am Nov 28, 2008 3:15am
I don't know about you guys but i have 2 shorts now.

Daily stoch is very bearish so..

For now i see below 5300.Not confermed but...

I am affraid to say 5220 area
but 5341 area first.Would be hard but for now i am short.We are still fighting to break 1 hr gann on down way(5382 is holding)

Oh very dizy market.

if we dont break that 1 hr gann for 3-rd time time to go long i think
  • #102,097
  • Nov 28, 2008 3:15am Nov 28, 2008 3:15am
hello!

happy thanksgiving!
  • #102,098
  • Nov 28, 2008 3:20am Nov 28, 2008 3:20am
Quoting "expert"
I don't know about you guys but i have 2 shorts now.

Daily stoch is very bearish so..

For now i see below 5300.Not confermed but...

I am affraid to say 5220 area
but 5341 area first.Would be hard but for now i am short.We are still fighting to break 1 hr gann on down way(5382 is holding)

Oh very dizy market.

if we dont break that 1 hr gann for 3-rd time time to go long i think
i favor shorts also but im scalping... i would have take a short at 1.5370 stop loss 1.56 target 1.473x but my account doesnt allow me... i can only scalp now... dont expect big moves down, the 4h is still high... i took 3 shorts today +23 -18 +21

the -18 was stupid cause the stop loss was not good
When life gives you lemons, make lemonade
  • #102,099
  • Nov 28, 2008 3:26am Nov 28, 2008 3:26am
Quoting micho
i favor shorts also but im scalping... i would have take a short at 1.5370 stop loss 1.56 target 1.473x but my account doesnt allow me... i can only scalp now... dont expect big moves down, the 4h is still high... i took 3 shorts today +23 -18 +21

the -18 was stupid cause the stop loss was not good

+23-18+21 is still +26.. and its good for you micho!

i just wonder is it really 1.5xxx?? because last time i'm here.. cable is in 1.9xxx-1.8xxx range.. LoL

5 years uptrend just smacked down in 4 months.. >.<
  • #102,100
  • Nov 28, 2008 3:28am Nov 28, 2008 3:28am
Micho take a good care of money menagment.No big SL.I think you are doing write thing.

As for me i expect something little big because it is friday,Yetsrday was holiday and guys will like some money to make and 1 hr bolionger is little more closed so something will be for sure i think.

I just think if 1 hr close below 5370 and 4 hr especialy close below 5360 my short will make good profit then.

Anf for all of this(shorts or longs US session will bring)

see ya
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