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Cable Update (GBPUSD)

  • #105,081
  • Dec 8, 2008 3:22am Dec 8, 2008 3:22am
Quoting micho
we have to wish that UK news is awesome... everything is in reverse lately... remember?
ha ha, very true!
If it's too good to be true, it probably is.
  • #105,082
  • Dec 8, 2008 3:23am Dec 8, 2008 3:23am
Quoting SimonK
ha ha, very true!

hehe trying to fool us but they keep on failing
When life gives you lemons, make lemonade
  • #105,083
  • Dec 8, 2008 3:36am Dec 8, 2008 3:36am
Now the market is starting to change a bitt of gears lol....dont be anxios to jump on it yet ...let the market prove to you its changing...it still has 20 min



Attached Image (click to enlarge)
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  • #105,084
  • Dec 8, 2008 3:37am Dec 8, 2008 3:37am
Quoting micho
hehe trying to fool us but they keep on failing
Sure at least at green pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #105,085
  • Dec 8, 2008 3:38am Dec 8, 2008 3:38am
Quoting manize
Sure at least at green pips !
great man... good luck
When life gives you lemons, make lemonade
  • #105,086
  • Dec 8, 2008 3:45am Dec 8, 2008 3:45am
hi micho drop till 1.46 i think
  • #105,087
  • Dec 8, 2008 3:48am Dec 8, 2008 3:48am
Quoting micho
great man... good luck
But I am still in red now !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #105,088
  • Dec 8, 2008 3:49am Dec 8, 2008 3:49am
Quoting behram
hi micho drop till 1.46 i think
wow I hope so that would be a sweet day for me if it does
  • #105,089
  • Dec 8, 2008 3:50am Dec 8, 2008 3:50am
Quoting behram
hi micho drop till 1.46 i think
hi behram, i dont think so cause we hit the daily target at 1.4718 last week now we might go up... cause alot of people are taking profit in december...
When life gives you lemons, make lemonade
  • #105,090
  • Dec 8, 2008 3:51am Dec 8, 2008 3:51am
Pound dropping like an obedient dog now.

down boy!
If it's too good to be true, it probably is.
  • #105,091
  • Dec 8, 2008 3:51am Dec 8, 2008 3:51am
Quoting manize
But I am still in red now !
well thats why u have to play with stop loss
When life gives you lemons, make lemonade
  • #105,092
  • Dec 8, 2008 3:56am Dec 8, 2008 3:56am
Very sweet. I closed my previous short from 15005 as a 20 pip scalp and re-opened at 15030. Cable has retraced 61% of her major fall so we were back at the point at which the downtrend can resume and it seems that enough players want to see it continue. We have not yet got far enough to confirm the uptrend from today is over but it certainly looks like it may be. Drop baby drop...


Quoting PipLand
wow I hope so that would be a sweet day for me if it does
Ride the Bulls bearback!
  • #105,093
  • Dec 8, 2008 3:57am Dec 8, 2008 3:57am
Quoting micho
well thats why u have to play with stop loss
I am thinking to move SL at 1.4980, but wait a while the price action at new candle M15 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #105,094
  • Dec 8, 2008 3:59am Dec 8, 2008 3:59am
Quoting alcando
Very sweet. I closed my previous short from 15005 as a 20 pip scalp and re-opened at 15030. Cable has retraced 61% of her major fall so we were back at the point at which the downtrend can resume and it seems that enough players want to see it continue. We have not yet got far enough to confirm the uptrend from today is over but it certainly looks like it may be. Drop baby drop...
yep....I am preety close to joining....we should reach 4860 if we surpass the area...I will trade against my remaider 10 percent of my longer term long postions .....and make some money on the way down as well
  • #105,095
  • Dec 8, 2008 4:01am Dec 8, 2008 4:01am
Quoting alcando
Very sweet. I closed my previous short from 15005 as a 20 pip scalp and re-opened at 15030. Cable has retraced 61% of her major fall so we were back at the point at which the downtrend can resume and it seems that enough players want to see it continue. We have not yet got far enough to confirm the uptrend from today is over but it certainly looks like it may be. Drop baby drop...
Yeah I agree were not confirmed yet but if your already in and locked at BE just sit back and enjoy
  • #105,096
  • Dec 8, 2008 4:02am Dec 8, 2008 4:02am
Quoting micho
well thats why u have to play with stop loss
.
Attached Image (click to enlarge)
Click to Enlarge Name: stops.gif Size: 68 KB
  • #105,097
  • Dec 8, 2008 4:04am Dec 8, 2008 4:04am
Quoting gagakrimba
It is a 300++ pips reversal from the low.
It's due for this baby to move southwards
is it ok to go short now
Give me patience
  • #105,098
  • Dec 8, 2008 4:05am Dec 8, 2008 4:05am
Wont join you guys from the 1 hour chart in the short...the market just gave long wicks on both sides so I will wait for a better indication from a larger time frame...
  • #105,099
  • Dec 8, 2008 4:07am Dec 8, 2008 4:07am
I rather miss a good trade then be in a bad one...will wait for more information from the market
  • #105,100
  • Dec 8, 2008 4:08am Dec 8, 2008 4:08am
Quoting Shermenator
I rather miss a good trade then be in a bad one...will wait for more information from the market
That is discipline for you!! I wish I had that much discipline
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