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Cable Update (GBPUSD)

  • #102,821
  • Dec 1, 2008 5:38pm Dec 1, 2008 5:38pm
Quoting eohater
Tankage is good! I'm locked in profit on my shorts. Now let's see how far we can go. I'm home for family time. I'll be back on later tonight during the Asian/London sessions.
Great job bro!!... enjoy family time...
Patience + Discipline - Greed = Success
  • #102,822
  • Dec 1, 2008 6:16pm Dec 1, 2008 6:16pm
Quoting Infinity
Great job bro!!... enjoy family time...

'family time' is always a good workout ...... wink wink nudge nudge ...lol
Blogging daily now at www.volume.zone
  • #102,823
  • Dec 1, 2008 6:18pm Dec 1, 2008 6:18pm
Is it a good entry for short now ???
  • #102,824
  • Dec 1, 2008 6:19pm Dec 1, 2008 6:19pm
My stop was hit to the pip...

+1

I find myself not wanting to sleep so as not to miss the short bus...
  • #102,825
  • Dec 1, 2008 6:20pm Dec 1, 2008 6:20pm
Quoting malcolmb14
'family time' is always a good workout ...... wink wink nudge nudge ...lol
naughty naughty.....

Patience + Discipline - Greed = Success
  • #102,826
  • Dec 1, 2008 6:42pm Dec 1, 2008 6:42pm
Quoting malcolmb14
'family time' is always a good workout ...... wink wink nudge nudge ...lol
You've got that right! It's the best damn workout on the market!
Just digging in the trenches like everyone else!
  • #102,827
  • Dec 1, 2008 6:44pm Dec 1, 2008 6:44pm
Quoting Vourvoul
My stop was hit to the pip...

+1

I find myself not wanting to sleep so as not to miss the short bus...
I was stopped out myself with +3. Profit is profit though. Watching the 4h 5sma. Technically, my system called for a long entry at the price of 4910 after she closed through the 15m/35 at 4890, but I'm not ready to go that route yet. I'll wait for another setup.
Just digging in the trenches like everyone else!
  • #102,828
  • Dec 1, 2008 6:49pm Dec 1, 2008 6:49pm
Quoting eohater
I was stopped out myself with +3. Profit is profit though. Watching the 4h 5sma. Technically, my system called for a long entry at the price of 4910 after she closed through the 15m/35 at 4890, but I'm not ready to go that route yet. I'll wait for another setup.
Looking back at my 15m chart. If I was watching price action, I would have went long at 4864 after the 6:45pm EST (New York Time) closed and new 15m candle opened. I wasn't here though. So, that's two long signals for my system. ....hmmm.....I'm not ready for that bus though.
Just digging in the trenches like everyone else!
  • #102,829
  • Dec 1, 2008 6:56pm Dec 1, 2008 6:56pm
Well guys I have decided to post on my journal thread exclusively i am going to post charts on most the currencies on a daily basis, as well as what direction i am bias and around what price.

You are all more than welcome to come visit as long as it is constructive posts you have.

good luck to you all may the pips be with you.


Steelhead
  • #102,830
  • Dec 1, 2008 6:57pm Dec 1, 2008 6:57pm
Quoting Infinity
naughty naughty.....

Talk about naughty, cable is being naughty right now.
Just digging in the trenches like everyone else!
  • #102,831
  • Dec 1, 2008 6:57pm Dec 1, 2008 6:57pm
Quoting steelhead
Well guys I have decided to post on my journal thread exclusively i am going to post charts on most the currencies on a daily basis, as well as what direction i am bias and around what price.

You are all more than welcome to come visit as long as it is constructive posts you have.

good luck to you all may the pips be with you.


Steelhead
Cool steelhead! I'm sure it will be a good journal.
Just digging in the trenches like everyone else!
  • #102,832
  • Dec 1, 2008 6:59pm Dec 1, 2008 6:59pm
Quoting eohater
Looking back at my 15m chart. If I was watching price action, I would have went long at 4864 after the 6:45pm EST (New York Time) closed and new 15m candle opened. I wasn't here though. So, that's two long signals for my system. ....hmmm.....I'm not ready for that bus though.
You'd consider it a bullish engulfing candle?

If I didn't know better I'd jump on this bus...
  • #102,833
  • Dec 1, 2008 6:59pm Dec 1, 2008 6:59pm
Quoting steelhead
Well guys I have decided to post on my journal thread exclusively i am going to post charts on most the currencies on a daily basis, as well as what direction i am bias and around what price.

You are all more than welcome to come visit as long as it is constructive posts you have.

good luck to you all may the pips be with you.


Steelhead
  • #102,834
  • Dec 1, 2008 7:01pm Dec 1, 2008 7:01pm
Quoting Vourvoul
You'd consider it a bullish engulfing candle?

If I didn't know better I'd jump on this bus...
The low volume has me concerned. I'm starting to lean towards a long though. Watching the 15m/35/10/21 she's above, she broke the 20 pip rule of mine when she goes through the 15m/35, pulled back down and is being held by the 10/21. It's starting to smell like a long, but I'm hesitant because of the volume. She likes to trend for a while up, down, up, down.
Just digging in the trenches like everyone else!
  • #102,835
  • Dec 1, 2008 7:05pm Dec 1, 2008 7:05pm
Damned....thought she gonna drop another 500 pips.
Short at the tail end.
  • #102,836
  • Dec 1, 2008 7:06pm Dec 1, 2008 7:06pm
I went ahead a took a small long at 4900, if we break the 15m 50ema, she could be off for the north for a minute.
Just digging in the trenches like everyone else!
  • #102,837
  • Dec 1, 2008 7:07pm Dec 1, 2008 7:07pm
Quoting gagakrimba
Damned....thought she gonna drop another 500 pips.
Short at the tail end.
Let's see, she might just be building value for the fall again. We don't get 500 pip days that often.
Just digging in the trenches like everyone else!
  • #102,838
  • Dec 1, 2008 7:10pm Dec 1, 2008 7:10pm
Quoting eohater
I went ahead a took a small long at 4900, if we break the 15m 50ema, she could be off for the north for a minute.
Hey bro.. I got stopped out +2 on my earlier shorts.. I got a quick 30 pips off the m15 50ema .. I am on the sides for now..
Patience + Discipline - Greed = Success
  • #102,839
  • Dec 1, 2008 7:10pm Dec 1, 2008 7:10pm
Quoting gagakrimba
Damned....thought she gonna drop another 500 pips.
Short at the tail end.
What is your price..?
Patience + Discipline - Greed = Success
  • #102,840
  • Dec 1, 2008 7:11pm Dec 1, 2008 7:11pm
the last bearish divergence @ tf h4 is likely forming new bullish hidden divergence.. i still hold my long @14852,14852,and 14866.. tp1 5016,5146,and5337
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