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Cable Update (GBPUSD)

  • #103,181
  • Dec 2, 2008 11:08am Dec 2, 2008 11:08am
who is short?
  • #103,182
  • Dec 2, 2008 11:08am Dec 2, 2008 11:08am
Quoting moewenger
Nav, pipland?? Anyone closed their short already?? My SL is at 1.497x area. Hope it wont touch there. Hoping for dollar index also to push up.
No havent closed my short if EO and DirtSerb are correct then H&S should give us more momentum down, i will add a short on the right shoulder
  • #103,183
  • Dec 2, 2008 11:09am Dec 2, 2008 11:09am
...
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  • #103,184
  • Dec 2, 2008 11:14am Dec 2, 2008 11:14am
Quoting Vourvoul
...
Yes, is it small uptrend or neckline? im going with neckline. will see soon enough i guess
  • #103,185
  • Dec 2, 2008 11:15am Dec 2, 2008 11:15am
Quoting moewenger
Nav, pipland?? Anyone closed their short already?? My SL is at 1.497x area. Hope it wont touch there. Hoping for dollar index also to push up.
im holding whatever happen happens...u cant change anything now ....the market is messing around at the moment
  • #103,186
  • Dec 2, 2008 11:16am Dec 2, 2008 11:16am
Quoting AmeriTrini
who is short?
I was... but I am flat now... I am satisfied with my haul for the day..

Looking at my h4, I see potential for 5130-5150 area...

I hope you are having a good week so far...
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Patience + Discipline - Greed = Success
  • #103,187
  • Dec 2, 2008 11:17am Dec 2, 2008 11:17am
Quoting moewenger
Nav, pipland?? Anyone closed their short already?? My SL is at 1.497x area. Hope it wont touch there. Hoping for dollar index also to push up.
is your stop loss there because its BE area for you? If so then good, I cant see another reason to have it there? likely to get hit but price might only run upto 1.4985 ish area
  • #103,188
  • Dec 2, 2008 11:18am Dec 2, 2008 11:18am
Quoting AmeriTrini
who is short?
Oh oh oh me, me, me! lol

I've been short since the daily IB break to the downside, already having unloaded part of the position though. I missed the retracement although I think we'll see another runup before more downside. I'll be adding if we do.
I dream, therefore I become.
  • #103,189
  • Dec 2, 2008 11:18am Dec 2, 2008 11:18am
Quoting nAVIN2007
im holding whatever happen happens...u cant change anything now ....the market is messing around at the moment
yeah, and fatigue is creeping in me. 6 hours of anxiety disorder. oh God!!..
  • #103,190
  • Dec 2, 2008 11:19am Dec 2, 2008 11:19am
Quoting PipLand
is your stop loss there because its BE area for you? If so then good, I cant see another reason to have it there? likely to get hit but price might only run upto 1.4985 ish area
it's not my BE but thank you for your advice. i will changed accordingly.
  • #103,191
  • Dec 2, 2008 11:21am Dec 2, 2008 11:21am
Quoting PipLand
Yes, is it small uptrend or neckline? im going with neckline. will see soon enough i guess
I went with the first option and took a long at 49. SL +5 and we'll see...
  • #103,192
  • Dec 2, 2008 11:22am Dec 2, 2008 11:22am
Quoting Infinity
I was... but I am flat now... I am satisfied with my haul for the day..

Looking at my h4, I see potential for 5130-5150 area...

I hope you are having a good week so far...
i'm with u in this and maybe 1.5400
  • #103,193
  • Dec 2, 2008 11:23am Dec 2, 2008 11:23am
Quoting moewenger
yeah, and fatigue is creeping in me. 6 hours of anxiety disorder. oh God!!..
what size order did u fill ...the good think is at least mike see more downside to come.....that something at least....u cannot do anything about it..i hope u have a stop loss in place..

u just have to take yur mind of it....if it hit SL it hit, just have to move on to the next one....
  • #103,194
  • Dec 2, 2008 11:24am Dec 2, 2008 11:24am
Quoting Vourvoul
I went with the first option and took a long at 49. SL +5 and we'll see...
Good luck your locked in for some profit no matter what so good stuff
  • #103,195
  • Dec 2, 2008 11:25am Dec 2, 2008 11:25am
Quoting AmeriTrini
who is short?
Short @ 1.4910 but how stupid am I as I hit the buy button, so closed trade and re shorted @ 1.4898.
Seems I sould have left it as it was
  • #103,196
  • Dec 2, 2008 11:25am Dec 2, 2008 11:25am
Quoting mike w
Oh oh oh me, me, me! lol

I've been short since the daily IB break to the downside, already having unloaded part of the position though. I missed the retracement although I think we'll see another runup before more downside. I'll be adding if we do.
yo miky
When life gives you lemons, make lemonade
  • #103,197
  • Dec 2, 2008 11:26am Dec 2, 2008 11:26am
Quoting nAVIN2007
im holding whatever happen happens...u cant change anything now ....the market is messing around at the moment
Hey Nav...
Hope you'll make it down there baby, and that H&$ complete on
to the downside, But it looks to the up$ide on another chart-
The daw-gone Dow keeps playing around,
"Propping" G.U. up though.

I keep looking myself for another entry but flat Hate what i see,
to even be able to "Chisel" some pippage in!
Props to whoever's in already.
Sitting on hands r.now...
Hang in there buddy,
Terrapin Pipper,

Jeff
I will work to Objectively Identify my Edges
  • #103,198
  • Dec 2, 2008 11:27am Dec 2, 2008 11:27am
Quoting mike w
Oh oh oh me, me, me! lol

I've been short since the daily IB break to the downside, already having unloaded part of the position though. I missed the retracement although I think we'll see another runup before more downside. I'll be adding if we do.

I think we about to see a GBP rally, its about time. This is something that is way way overdue.
  • #103,199
  • Dec 2, 2008 11:27am Dec 2, 2008 11:27am
Quoting moewenger
yeah, and fatigue is creeping in me. 6 hours of anxiety disorder. oh God!!..
this next 4hr shouldnt be bullish if it is then it may go a lot higher..it bounced at 61.8 from low to high to move up...
  • #103,200
  • Dec 2, 2008 11:28am Dec 2, 2008 11:28am
Quoting nAVIN2007
what size order did u fill ...the good think is at least mike see more downside to come.....that something at least....u cannot do anything about it..i hope u have a stop loss in place..

u just have to take yur mind of it....if it hit SL it hit, just have to move on to the next one....
yeah, and per pipland advice my SL now is at 1.4995. if it hit i need to go to sleep for sure. i'm using 1.0 in this mess.
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