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Cable Update (GBPUSD)

  • #108,441
  • Dec 23, 2008 12:34pm Dec 23, 2008 12:34pm
Quoting Infinity
Hey guys.... I only had one trade all week and that was a short earlier today at 4850.....closed at 4750... This market is too thin and slow.... not very interesting for me....

I wish everyone a Merry Christmas when it comes and a blessed New Year...
It is moving slow with slight bursts, I've only been showing up around the London close to see what shakes out, kids are on holiday, so not much time to sit in front of charts anyway!

You and your family have a joyous holidays!!

HOLLA
  • #108,442
  • Dec 23, 2008 12:40pm Dec 23, 2008 12:40pm
Quoting eohater
How's it going bro? I undestand about not making very many trades. I'm doing the same. But, I will say, we both had the same short from 4850, I closed mine at 4700 and went back long on her ass. My TP was just a little too high, got closed out at +2, but back long at 4705, just a small one. Slow at the office right now, so I'm just playing around a little.

If we don't talk before hand, Merry Christmas to you as well! I hope you and your family have a great one!
Great job as usual bro!!!

I wish the same for you and your family...


Quoting Turtle
It is moving slow with slight bursts, I've only been showing up around the London close to see what shakes out, kids are on holiday, so not much time to sit in front of charts anyway!

You and your family have a joyous holidays!!

HOLLA
Thanks bro and I wish the same for you and your family...
Patience + Discipline - Greed = Success
  • #108,443
  • Edited 1:39pm Dec 23, 2008 12:47pm | Edited 1:39pm
Quoting gagakrimba
What's the target ?
I would try 1.4605 but be careful because it has gone down alot. I had a few good short trades but i'm on the sidelines right now waiting for a good entry.
  • #108,444
  • Dec 23, 2008 12:53pm Dec 23, 2008 12:53pm
Have been reading your thread MR EO Sir..

Excellent info as ever..

long at 4709 and TP 4765

seems to be working so far.

Thanks to all the guys on here, good banter and very helpfull. only started trading in October, so all the advice posted is really helpfull.
  • #108,445
  • Dec 23, 2008 1:02pm Dec 23, 2008 1:02pm
Quoting Si Tr4d3r
Have been reading your thread MR EO Sir..

Excellent info as ever..

long at 4709 and TP 4765

seems to be working so far.

Thanks to all the guys on here, good banter and very helpfull. only started trading in October, so all the advice posted is really helpfull.
No MR or SIR pleasse. Just EO.

Glad your making some money! I'm happy with my current long. I'm covered now at +2. Your TP level is a good level. I have not set a hard TP yet.
Just digging in the trenches like everyone else!
  • #108,446
  • Dec 23, 2008 1:02pm Dec 23, 2008 1:02pm
It is time for Christmas, but I went long 1.4707.

Merry Christmas to all who celebrate, where ever you are !!! Wish the angels sing with you for the dear saviours birth !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #108,447
  • Dec 23, 2008 1:15pm Dec 23, 2008 1:15pm
Same-Same to all of u
GELORE
  • #108,448
  • Dec 23, 2008 1:30pm Dec 23, 2008 1:30pm
Quoting Techmanff
This is the most exciting thing I've ever seen in my life.
How come that cutting interest rate by the BOE will lead to letting GU head south??!
  • #108,449
  • Dec 23, 2008 2:54pm Dec 23, 2008 2:54pm
Quoting eohater
I entered long at 4700, came back from lunch and I had a TP set of 4780 and missed it by 3 pips. DAMN IT! SL was hit for +2. I just reentered long again though at 4705. I only put 2 on this order.
My long is closed out at the price of 4780. I'm done for the day! Hope everyone made pips today! If you didn't trade, no worries! We have next year around the corner.

I'll be on later tonight, but I would like to wish everyone and their family a safe and Happy Christmas Holiday! If you don't celebrate Christmas, then I hope your time is special with your family.

Trade Well and Celebrate Well!
EO
Just digging in the trenches like everyone else!
  • #108,450
  • Edited 3:30pm Dec 23, 2008 3:19pm | Edited 3:30pm
Closed 1.4780, and when short 1.4776 !
Attached Image (click to enlarge)
Click to Enlarge Name: retrace231208.gif Size: 53 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #108,451
  • Dec 23, 2008 3:25pm Dec 23, 2008 3:25pm
Quoting manize
Closed 1.4780, and when short 1.4776 !
Good job! I reentered short myself at 4780 when the 15m candle went back up to where I TP on my long. Not looking for much dosh on this one. I'm locking in +2 on one lot and TP on the other lot once the current 15m candle closes.
Just digging in the trenches like everyone else!
  • #108,452
  • Dec 23, 2008 3:27pm Dec 23, 2008 3:27pm
Quoting eohater
My long is closed out at the price of 4780. I'm done for the day! Hope everyone made pips today! If you didn't trade, no worries! We have next year around the corner.

I'll be on later tonight, but I would like to wish everyone and their family a safe and Happy Christmas Holiday! If you don't celebrate Christmas, then I hope your time is special with your family.

Trade Well and Celebrate Well!
EO
How funny, went short @ 4770 for a quick scalp!

HOLLA
  • #108,453
  • Dec 23, 2008 3:29pm Dec 23, 2008 3:29pm
Quoting Turtle
How funny, went short @ 4770 for a quick scalp!

HOLLA
So we ride my brother!

I knew I wouldn't be the only one taking it. Nice easy setup with that 15m candle crossing over the 15m 50 and closing like she did.
Just digging in the trenches like everyone else!
  • #108,454
  • Dec 23, 2008 3:30pm Dec 23, 2008 3:30pm
Quoting eohater
So we ride my brother!

I knew I wouldn't be the only one taking it. Nice easy setup with that 15m candle crossing over the 15m 50 and closing like she did.
It was sweet, I knew you would be riding!!!!

HOLLA
  • #108,455
  • Dec 23, 2008 3:33pm Dec 23, 2008 3:33pm
Quoting Turtle
It was sweet, I knew you would be riding!!!!

HOLLA
I TP on one lot for 25 pips. The other is sitting at +2. I don't expect her to go very far at this time of day and volume. But, who knows.
Just digging in the trenches like everyone else!
  • #108,456
  • Dec 23, 2008 3:34pm Dec 23, 2008 3:34pm
Quoting eohater
Good job! I reentered short myself at 4780 when the 15m candle went back up to where I TP on my long. Not looking for much dosh on this one. I'm locking in +2 on one lot and TP on the other lot once the current 15m candle closes.
You have a good job as well, I locked in min allowed +8 pips ! Who knows down rally has been started till = E/U !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #108,457
  • Dec 23, 2008 3:36pm Dec 23, 2008 3:36pm
I'm still one step behind, or one step too far ahead, not sure which. It's comforting to see you guys short right now, and hopefully my short will turn around. I entered way too early and almost closed out at the 10EMA on the 15, but seeing that it held I decided to hold on. I'm short at 4738, almost two hours ago.(gasp ...). Anyways, looks like I'm almost BE again, relief.
therealisttruest (FF wouldn't let me put my full ID because of length)
  • #108,458
  • Dec 23, 2008 3:37pm Dec 23, 2008 3:37pm
Quoting eohater
I TP on one lot for 25 pips. The other is sitting at +2. I don't expect her to go very far at this time of day and volume. But, who knows.
Cool...nice trade...looks like she might head back to 4700 area, we shall see!

I took all of mine of this time, because like you said the time of the day and volume. I figured she might get stuck in the mud.

No pressure, because I like the afternoon green pips that I got in 15 minutes!

HOLLA
  • #108,459
  • Dec 23, 2008 3:41pm Dec 23, 2008 3:41pm
I just locked in plus 1. At least no red pips this afternoon for me. This is the last until the evening.
therealisttruest (FF wouldn't let me put my full ID because of length)
  • #108,460
  • Dec 23, 2008 3:41pm Dec 23, 2008 3:41pm
Quoting therealist
I'm still one step behind, or one step too far ahead, not sure which. It's comforting to see you guys short right now, and hopefully my short will turn around. I entered way too early and almost closed out at the 10EMA on the 15, but seeing that it held I decided to hold on. I'm short at 4738, almost two hours ago.(gasp ...). Anyways, looks like I'm almost BE again, relief.
Did you get out yet? Not telling you how to trade, but you do have a low price on this. I expect in the next 5 min, she will go back up and keep and put your trade in the red.

Trade your trade though, please don't make a decision based upon me.
Just digging in the trenches like everyone else!
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