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Cable Update (GBPUSD)

  • #108,181
  • Dec 18, 2008 10:36pm Dec 18, 2008 10:36pm
Quoting eohater
My longs from 4900 have been closed out at 5150. Took a short at 5160 and locked in +2. I don't know if the trend has changed or if we'll continue higher, but I'm happy with the profit and now just taking what she gives me.
Congratz I am out, go refreshing with family after underpressured last night !
Happy trading bro !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #108,182
  • Dec 19, 2008 12:01am Dec 19, 2008 12:01am
still wait for the confirm.... but it should be down to 1.49 at least. then 1.48 - 1.47. let's see....
  • #108,183
  • Dec 19, 2008 12:02am Dec 19, 2008 12:02am
I think we will hit some resistance at 1.5200. If the daily candle closes above 1.5100 i will go long. If not shorts are in order i believe.
  • #108,184
  • Dec 19, 2008 12:07am Dec 19, 2008 12:07am
Quoting manize
Congratz I am out, go refreshing with family after underpressured last night !
Happy trading bro !
Thanks bro! I made +2 on it though. I can afford coffee!

Trade well!
EO
Just digging in the trenches like everyone else!
  • #108,185
  • Dec 19, 2008 12:09am Dec 19, 2008 12:09am
Quoting ferndog
I think we will hit some resistance at 1.5200. If the daily candle closes above 1.5100 i will go long. If not shorts are in order i believe.
hmmm....when does your daily close?
Just digging in the trenches like everyone else!
  • #108,186
  • Dec 19, 2008 12:14am Dec 19, 2008 12:14am
buy eur/gbp - see chart

gbp/usd - looks like we will inside daily trading - today thinking a low again at 1,5040-50
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbpnow.jpg Size: 95 KB
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #108,187
  • Dec 19, 2008 12:29am Dec 19, 2008 12:29am
buy eur/gbp at market - target 0,9450
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #108,188
  • Dec 19, 2008 12:46am Dec 19, 2008 12:46am
Quoting eohater
My longs from 4900 have been closed out at 5150. Took a short at 5160 and locked in +2. I don't know if the trend has changed or if we'll continue higher, but I'm happy with the profit and now just taking what she gives me.
I think now the Main Trend is Bearish (in next weeks) and I will take a long-term Short.
Give me patience
  • #108,189
  • Dec 19, 2008 1:04am Dec 19, 2008 1:04am
Quoting eohater
My longs from 4900 have been closed out at 5150. Took a short at 5160 and locked in +2. I don't know if the trend has changed or if we'll continue higher, but I'm happy with the profit and now just taking what she gives me.
Great job bro!! That 5150 was my tp as well.. It was a sweet trade...
Patience + Discipline - Greed = Success
  • #108,190
  • Dec 19, 2008 1:05am Dec 19, 2008 1:05am
Quoting Bullfx
I think now the Main Trend is Bearish (in next weeks) and I will take a long-term Short.
I tend to agree with you bullfx but there is this tradition that GBP tend to be stronger towards year end. Maybe this time it will be differant.
  • #108,191
  • Dec 19, 2008 1:05am Dec 19, 2008 1:05am
Quoting Infinity
Great job bro!! That 5150 was my tp as well.. It was a sweet trade...
That was a nice ride for sure bro!! I'm on the sides currently and might stay there. Nothing is really inticing me at the moment.

We'll ride again though!
Just digging in the trenches like everyone else!
  • #108,192
  • Dec 19, 2008 1:15am Dec 19, 2008 1:15am
Quoting eohater
That was a nice ride for sure bro!! I'm on the sides currently and might stay there. Nothing is really inticing me at the moment.

We'll ride again though!
I am considering a short based on the retest of the old channel but I am too tired to open a new trade right now.. I just got back from a party and did a quick check on the charts...
Attached Image
Patience + Discipline - Greed = Success
  • #108,193
  • Edited 1:29am Dec 19, 2008 1:16am | Edited 1:29am
Quoting gagakrimba
I tend to agree with you bullfx but there is this tradition that GBP tend to be stronger towards year end. Maybe this time it will be differant.
ha ha, you really see that? But I see the diference last year when GU at the end of last December was 1000 pips lower than the beginning of month.
Give me patience
  • #108,194
  • Dec 19, 2008 1:20am Dec 19, 2008 1:20am
Quoting Infinity
I am considering a short based on the retest of the old channel but I am too tired to open a new trade right now.. I just got back from a party and did a quick check on the charts...
Hope the party was good!

I'm in the same boat as you, but my short from 5160 got closed at +2. Now I'm looking for a short higher up around the 1h 62ema price level. Or long around 4800 level. Getting tired myself.
Just digging in the trenches like everyone else!
  • #108,195
  • Dec 19, 2008 1:32am Dec 19, 2008 1:32am
Quoting eohater
Hope the party was good!

I'm in the same boat as you, but my short from 5160 got closed at +2. Now I'm looking for a short higher up around the 1h 62ema price level. Or long around 4800 level. Getting tired myself.
Yeah bro, the party was great...

Your plan sounds good... I just closed a quick 50 pip short scalp... I couldn't resist..... It could go lower but I'll wait for a new battle in the us session.

Talk to you later bro!!!
Patience + Discipline - Greed = Success
  • #108,196
  • Dec 19, 2008 1:34am Dec 19, 2008 1:34am
Quoting Infinity
Yeah bro, the party was great...

Your plan sounds good... I just closed a quick 50 pip short scalp... I couldn't resist..... It could go lower but I'll wait for a new battle in the us session.

Talk to you later bro!!!
Excellent job bro!

We'll battle together in the US Session.

Later bro!
Just digging in the trenches like everyone else!
  • #108,197
  • Dec 19, 2008 1:37am Dec 19, 2008 1:37am
Quoting Infinity
Yeah bro, the party was great...

Your plan sounds good... I just closed a quick 50 pip short scalp... I couldn't resist..... It could go lower but I'll wait for a new battle in the us session.

Talk to you later bro!!!
Sweet bro........

Catch ya in the US Session!!!

HOLLA
  • #108,198
  • Dec 19, 2008 1:40am Dec 19, 2008 1:40am
add my sell again.. hope it break the 1.5 first
  • #108,199
  • Dec 19, 2008 1:56am Dec 19, 2008 1:56am
Quoting Turtle
Sweet bro........

Catch ya in the US Session!!!

HOLLA
The long we were talking about seems to be working out. I'm still glad I didn't take it, cause I'm headed to bed. I'll play one of the other setups tomorrow in the US Session or just sit on my dosh til next week.

See ya in the US Session bro!
Just digging in the trenches like everyone else!
  • #108,200
  • Dec 19, 2008 2:00am Dec 19, 2008 2:00am
Cable still in break area, right?
sorry for mistake information, i don't know what Cable do now, my internet connection down...


I can't see candle
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Ahsan