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Cable Update (GBPUSD)

  • #109,341
  • Jan 6, 2009 8:34am Jan 6, 2009 8:34am
Quoting fx local
good stuff eo, cable been moving like clockwork today, been brilliant to trade it, serious pippage, especially after that low made on 1hr trendline, bounce was textbook stuff,

Thanks bro! I'm early on my entry and I'll add up higher if need be. I don't think we're going to 1.50 right now. Pullback is always needed. We just broke yesterday's high, now we need to go and test the 15m 35/50 again.
Just digging in the trenches like everyone else!
  • #109,342
  • Jan 6, 2009 8:36am Jan 6, 2009 8:36am
i can't believie it. she's still moving up . . .

wild wild
  • #109,343
  • Jan 6, 2009 8:38am Jan 6, 2009 8:38am
Quoting eohater
Nothing wrong with that. Secure your position. I'm early on my entry. I'm trying to do 10million things at once right now.
There goes all my longs
  • #109,344
  • Jan 6, 2009 8:39am Jan 6, 2009 8:39am
Quoting eohater
Thanks bro! I'm early on my entry and I'll add up higher if need be. I don't think we're going to 1.50 right now. Pullback is always needed. We just broke yesterday's high, now we need to go and test the 15m 35/50 again.
may well squeeze to 14820 area if we get past this bit of congestion, im going to see the hourly close b4 entering short, 1.50 is way off yet thou!
Trading is 80% Emotional, 20% Technical
  • #109,345
  • Jan 6, 2009 8:47am Jan 6, 2009 8:47am
Quoting fx local
may well squeeze to 14820 area if we get past this bit of congestion, im going to see the hourly close b4 entering short, 1.50 is way off yet thou!
I would agree!
Just digging in the trenches like everyone else!
  • #109,346
  • Jan 6, 2009 8:53am Jan 6, 2009 8:53am
got stopped out..going to be looking for short at the red area... and add possibly at 50% fib if needed..
Attached Image (click to enlarge)
Click to Enlarge Name: cable30mr.gif Size: 30 KB
  • #109,347
  • Jan 6, 2009 9:04am Jan 6, 2009 9:04am
Quoting eohater
I've closed my longs. Now, I'm short at 4725 with a couple. I'm not fully loaded on this one. I've made some good pippage today.

EO

you going short on the pound from 4725? Its in a channel...just may get some good pips from this...
  • #109,348
  • Jan 6, 2009 9:05am Jan 6, 2009 9:05am
Quoting Atondra
Hahahahaha...
You posted entries that u made yesterday and a few hrs ago ???
Btw...earlier you posted that it was bearish
you know that's the problem of the new people, go back in this thread around 3732 pages.

you will see it's not my first time...
  • #109,349
  • Jan 6, 2009 9:05am Jan 6, 2009 9:05am
she is breaking . .

reload reload
  • #109,350
  • Jan 6, 2009 9:05am Jan 6, 2009 9:05am
I think she has lost her momentum.
Waiting for the right entry to short.
Possibly around 1.4800
  • #109,351
  • Jan 6, 2009 9:06am Jan 6, 2009 9:06am
Quoting Abuawad
thank's, i hope you do much better than me.
You're welcome bro!
Quoting eohater
I've closed my longs. Now, I'm short at 4725 with a couple. I'm not fully loaded on this one. I've made some good pippage today.
I'm in with you on this one bro!! My first order was at 4770....
Patience + Discipline - Greed = Success
  • #109,352
  • Jan 6, 2009 9:06am Jan 6, 2009 9:06am
German billionaire kills himself after market losses

Business News

Jan 6, 2009, 14:40 GMT



poor man! no pun intended
  • #109,353
  • Jan 6, 2009 9:08am Jan 6, 2009 9:08am
Quoting uut
i can't believie it. she's still moving up . . .

wild wild

could be two reasons for the continued upward movement.

  1. the usd reports were poor
  2. the pound is over sold

  • #109,354
  • Jan 6, 2009 9:11am Jan 6, 2009 9:11am
Quoting Infinity
..
I'm in with you on this one bro!! My first order was at 4770....
I've added to mine at 4790. I was way too early on my first entry.
Just digging in the trenches like everyone else!
  • #109,355
  • Jan 6, 2009 9:12am Jan 6, 2009 9:12am
Quoting Abuawad
the trend now in the positive fibo fan channel but also in the range of the negative fibo channel.
once cable break one of these channel the trend will be determent,
check the chart
Cable brake the negative fibo fan @ 1.4635 on 15 min chart the candle close above the limit and the new candle open above both channel
check the chart,
PS: who see it messy chart, try to read it or simple ignore it and save your comments for your self.
Attached Image (click to enlarge)
Click to Enlarge Name: today nots2-update.gif Size: 46 KB
  • #109,356
  • Jan 6, 2009 9:14am Jan 6, 2009 9:14am
Quoting Atondra
I think she has lost her momentum.
Waiting for the right entry to short.
Possibly around 1.4800
i hope your stop loss above 1.4835
  • #109,357
  • Jan 6, 2009 9:15am Jan 6, 2009 9:15am
Quoting Atondra
I think she has lost her momentum.
Waiting for the right entry to short.
Possibly around 1.4800
if she break 1.4835 will go to 1.4877
  • #109,358
  • Jan 6, 2009 9:15am Jan 6, 2009 9:15am
Quoting Atondra
I think she has lost her momentum.
Waiting for the right entry to short.
Possibly around 1.4800
Entered short @ 1.4810.
Lets see where she goes
  • #109,359
  • Jan 6, 2009 9:16am Jan 6, 2009 9:16am
Quoting JammerJams
could be two reasons for the continued upward movement.

  1. the usd reports were poor
  2. the pound is over sold

also the candles on weekly and monthly maybe shouldnt be taken to seriously since activity in christmas and build up to new year could cause a distortion
  • #109,360
  • Jan 6, 2009 9:19am Jan 6, 2009 9:19am
Quoting eohater
I've added to mine at 4790. I was way too early on my first entry.
I had my second order at 4820.... I think we will be fine.... Patience will be required though.....
Patience + Discipline - Greed = Success
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