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Cable Update (GBPUSD)

  • #105,361
  • Dec 9, 2008 2:29am Dec 9, 2008 2:29am
Quoting Shermenator
Cancell my buy stop the market kept on shifting down ignoring the pin...momentum was not strong to pull me in...thats why I always use stop orders....because the market has to prove to me its going my way to pull me in.
I cancel to

hehehe,,, ah i will go to bed...
  • #105,362
  • Dec 9, 2008 2:30am Dec 9, 2008 2:30am
Quoting jharteam
Modified Schiff Fork depicts the bears are in control of GU. This downward sloping fork has already been 'tested' twice'.
looking for gu touching the s1 at 1.4719
at last i`ve found a holygrail........
  • #105,363
  • Dec 9, 2008 2:37am Dec 9, 2008 2:37am
today is quiet market. forums are quiet too. agree with sherm very rangy today. just manage to scalp 31 pips out of the cable. doesnt look like there is going to be any big shift in momentum today.
  • #105,364
  • Dec 9, 2008 2:41am Dec 9, 2008 2:41am
Quoting zurin
looking for gu touching the s1 at 1.4719
my s1 at 1.4712, why different? :-/
  • #105,365
  • Dec 9, 2008 2:43am Dec 9, 2008 2:43am
Quoting chrispang81
today is quiet market. forums are quiet too. agree with sherm very rangy today. just manage to scalp 31 pips out of the cable. doesnt look like there is going to be any big shift in momentum today.
I think a 150 pip drop is a big shift.
Wait till the london and us open and i'm sure there'll be bigger shift
  • #105,366
  • Dec 9, 2008 3:18am Dec 9, 2008 3:18am
Quoting zurin
looking for gu touching the s1 at 1.4719

Very possible, Median Line of the downward schiff fork comes in -1.4700+ though. Have a good one

J.
~*~You are only one trade away from humility~*~
  • #105,367
  • Dec 9, 2008 3:39am Dec 9, 2008 3:39am
down baby down...
what else do you want? it's bad news time, do your job...:-)
  • #105,368
  • Dec 9, 2008 3:48am Dec 9, 2008 3:48am
GBP Manufacturing Production m/m
Actual: -1.4% Forecast: -0.6% Prev: -0.8%

GBP Trade Balance
Actual: -7.8B Forecast: -7.5B Prev: -7.5B

GBP Industrial Production m/m
Actual: -1.7% Forecast: -0.5% Prev: -0.2%
  • #105,369
  • Dec 9, 2008 3:54am Dec 9, 2008 3:54am
PTSE has changed to Green of +0.19. That's positive for Gbp. May try a little long.
Give me patience
  • #105,370
  • Dec 9, 2008 4:12am Dec 9, 2008 4:12am
Quoting Bullfx
PTSE has changed to Green of +0.19. That's positive for Gbp. May try a little long.
where are the pros all quiet
  • #105,371
  • Dec 9, 2008 4:16am Dec 9, 2008 4:16am
M15 candle is closed/opened above 15ema. Might be right the analysis below :

http://www.forexfactory.com/news.php?do=news&id=135242
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #105,372
  • Dec 9, 2008 4:18am Dec 9, 2008 4:18am
morning everybody

i stay in my shorts from 1.4790, tight stop around 15

we're still in a little downtrend, bad figures and lots of figures during the day

good luck to everyone and till later
  • #105,373
  • Dec 9, 2008 4:27am Dec 9, 2008 4:27am
i'm long from 1.4810 TP around 1.4850.
  • #105,374
  • Dec 9, 2008 4:33am Dec 9, 2008 4:33am
up up and awayyyy !!!
  • #105,375
  • Dec 9, 2008 4:42am Dec 9, 2008 4:42am
i think will back to short
but
i don't have ide to open...
not interisting with my heart.
  • #105,376
  • Dec 9, 2008 4:52am Dec 9, 2008 4:52am
i'm closed. doesnt feel comfortable.
  • #105,377
  • Dec 9, 2008 5:00am Dec 9, 2008 5:00am
Quoting moewenger
i'm closed. doesnt feel comfortable.
so moewenger, what about your withdrawal from fxpro, did you receive it by now?
  • #105,378
  • Dec 9, 2008 5:03am Dec 9, 2008 5:03am
I have now placed a buy stop in the gbpusd

Buy stop is 1.4834....tight scalp...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 24 KB
  • #105,379
  • Dec 9, 2008 5:04am Dec 9, 2008 5:04am
Quoting Musashi69
so moewenger, what about your withdrawal from fxpro, did you receive it by now?
yes i did on last friday it was cleared. now i'm waiting to make another withdrawal via TT.
  • #105,380
  • Dec 9, 2008 5:17am Dec 9, 2008 5:17am
Wanted to short that last m15 but like many others on here this morning I didnt feel comfortable with it at the time. Though I may take a small long with tight stop at the 1.4742 mark
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