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Cable Update (GBPUSD)

  • #107,821
  • Dec 18, 2008 7:36am Dec 18, 2008 7:36am
may be i ll wait to go lower then buy
  • #107,822
  • Dec 18, 2008 7:37am Dec 18, 2008 7:37am
Quoting Infinity
Great entry bro!!! Put on your protective stops though because the h1 is showing a well defined shampoo.. We just tested the neckline and if it breaks we could go below 5200...
got them in already! may cut and reverse see how it pans out, it failed to get through 1hr 62ema also,

well seen there bro, thanks!
Trading is 80% Emotional, 20% Technical
  • #107,823
  • Dec 18, 2008 7:37am Dec 18, 2008 7:37am
Will GBPUSD goes Bearish tonight?

God, please help Me...
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  • #107,824
  • Dec 18, 2008 7:37am Dec 18, 2008 7:37am
mawy be 1.5275
  • #107,825
  • Dec 18, 2008 7:37am Dec 18, 2008 7:37am
Quoting Turtle
What's up bro.......

I went long at 5384 and then built another position at 5341.

Took a small loss on the 5384(wish I would of kept it now...oh well)

At the same time took profit on 5341, moved s/l @ +2 and let's see how she rides. Didn't want to get caught up in the herky jerky news!

Looking to see how this 1hr candle closes, before I decide on my next move.

HOLLA
Hey bro! I'm doing great but I haven't traded much since yesterday.. Just a few scalps here and there... I am still on the sides but I am watching 5450 to see how price reacts there... It could be a good short if it holds....

Great job on your covered longs bro !!! I hope you get at least 100 pips on 'em.
Patience + Discipline - Greed = Success
  • #107,826
  • Dec 18, 2008 7:51am Dec 18, 2008 7:51am
Quoting Infinity
Hey bro! I'm doing great but I haven't traded much since yesterday.. Just a few scalps here and there... I am still on the sides but I am watching 5450 to see how price reacts there... It could be a good short if it holds....

Great job on your covered longs bro !!! I hope you get at least 100 pips on 'em.
Yeah that 5450 seems to be a key point.

I have traded much either, I had that one trade yesterday from 5314 that I got lock in and then this trade this morning.

Seems like today is a turning point for the pound running into the end of the week and the holidays next week.

HOLLA
  • #107,827
  • Dec 18, 2008 7:59am Dec 18, 2008 7:59am
Quoting Turtle
Yeah that 5450 seems to be a key point.

I have traded much either, I had that one trade yesterday from 5314 that I got lock in and then this trade this morning.

Seems like today is a turning point for the pound running into the end of the week and the holidays next week.

HOLLA
It don't look good.
I think she is going down hard.
  • #107,828
  • Dec 18, 2008 8:05am Dec 18, 2008 8:05am
I will be looking for longs from 15277-15257

Support
4H TL
Daily Fib 38.2

Have fun!
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  • #107,829
  • Dec 18, 2008 8:05am Dec 18, 2008 8:05am
Quoting gagakrimba
It don't look good.
I think she is going down hard.
No kidding
  • #107,830
  • Dec 18, 2008 8:08am Dec 18, 2008 8:08am
I got it...!!
  • #107,831
  • Dec 18, 2008 8:08am Dec 18, 2008 8:08am
Quoting gagakrimba
It don't look good.
I think she is going down hard.
No problem, s/l got hit for +4 pips....I'm rich!!!

Waiting for the next setup. :nerd:

HOLLA
  • #107,832
  • Dec 18, 2008 8:11am Dec 18, 2008 8:11am
I managed to spot a divergence pattern on the 1 hour.
Any idea how far down we are going to? Or next support level?
"The trend is your friend, until the end."
  • #107,833
  • Dec 18, 2008 8:14am Dec 18, 2008 8:14am
Quoting ForexRookie
I managed to spot a divergence pattern on the 1 hour.
Any idea how far down we are going to? Or next support level?

that was a long way down ive gone long again so hopefully a little up from here but im much more short term bearish on this pair now
  • #107,834
  • Dec 18, 2008 8:18am Dec 18, 2008 8:18am
Quoting ForexRookie
I managed to spot a divergence pattern on the 1 hour.
Any idea how far down we are going to? Or next support level?

we may have hit support already i hope so i went long but 5250 was strong support yesterday
  • #107,835
  • Dec 18, 2008 8:19am Dec 18, 2008 8:19am
Well guys...

That's it from me for 2008!

I just left a 5 star ski trip on the table on EUR and feeling disgusted with myself...

Oh well... at least I had a go on the jackpot... (grrrrrr)

Still green for the day though and this should suffice!

Happy holidays everyone...

Wishing you green pippage and above all health to you and your family.

See you in 2009
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  • #107,836
  • Dec 18, 2008 8:21am Dec 18, 2008 8:21am
Quoting Vourvoul
Well guys...

That's it from me for 2008!

I just left a 5 star ski trip on the table on EUR and feeling disgusted with myself...

Oh well... at least I had a go on the jackpot... (grrrrrr)

Still green for the day though and this should suffice!

Happy holidays everyone...

Wishing you green pippage and above all health to you and your family.

See you in 2009
Cheers, Happy Holidays to you and your family too! Get yourself rested for the new year!
  • #107,837
  • Dec 18, 2008 8:22am Dec 18, 2008 8:22am
Quoting RedCabbage
I will be looking for longs from 15277-15257

Support
4H TL
Daily Fib 38.2

Have fun!
Did you go long just now?
  • #107,838
  • Dec 18, 2008 8:26am Dec 18, 2008 8:26am
Quoting trader2160
Did you go long just now?
I was looking for longs here but there was only a quick 30 pip scalp to be had.
  • #107,839
  • Dec 18, 2008 8:27am Dec 18, 2008 8:27am
Quoting Vourvoul
Well guys...

That's it from me for 2008!

I just left a 5 star ski trip on the table on EUR and feeling disgusted with myself...

Oh well... at least I had a go on the jackpot... (grrrrrr)

Still green for the day though and this should suffice!

Happy holidays everyone...

Wishing you green pippage and above all health to you and your family.

See you in 2009
happy holidays to you too dude.hope youll still give us your exxpert opinion now and then
  • #107,840
  • Dec 18, 2008 8:28am Dec 18, 2008 8:28am
I wait for 1.5100, to make double long !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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