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Cable Update (GBPUSD)

  • #110,961
  • Jan 13, 2009 3:42am Jan 13, 2009 3:42am
Quoting joemiami
Ok we just had an avalanche.....but how far will she go....
get out as long as you have reached your target profit... there will be many more such rides... both up or down...

  • #110,962
  • Jan 13, 2009 3:43am Jan 13, 2009 3:43am
Ahhhhh !! Thanks so kindly....
  • #110,963
  • Jan 13, 2009 3:49am Jan 13, 2009 3:49am
Lilbit harder to touchdown isn't it..?
The Ottelo way's find the mutual system to wins
  • #110,964
  • Jan 13, 2009 3:55am Jan 13, 2009 3:55am
seems like it wants to retest 1.4615 low but at same time 15 min and 1HR time frame are very bullish
  • #110,965
  • Jan 13, 2009 4:00am Jan 13, 2009 4:00am
Quoting joemiami
seems like it wants to retest 1.4615 low but at same time 15 min and 1HR time frame are very bullish
i am all out... good luck guys!
  • #110,966
  • Jan 13, 2009 4:04am Jan 13, 2009 4:04am
these are the most bullish candles we've had since the beginning of this fall.... i'll still be shorting... but must be with good PA... no more limit orders

Quoting joemiami
seems like it wants to retest 1.4615 low but at same time 15 min and 1HR time frame are very bullish
DireXiv Make it happen, no one else is going to do it for you...
  • #110,967
  • Jan 13, 2009 4:13am Jan 13, 2009 4:13am
she cleared my SL @4615 and fly up...
  • #110,968
  • Jan 13, 2009 4:46am Jan 13, 2009 4:46am
Latest bank trader flash news from ACM:

Slippage on the back of disappointing UK trade data extended down to test reported demand in the 1.4610 area which cushioned the fall , cable then able to recoevr back to 1.4688 and now consolidating around 1.4675. traders seeing litttle to support should 1.4600 give way ahead of light bids at 1.4510. the DEC lows are seen as key on the downside at 1.4370.
  • #110,969
  • Jan 13, 2009 4:50am Jan 13, 2009 4:50am
Quoting joemiami
Latest bank trader flash news from ACM:

Slippage on the back of disappointing UK trade data extended down to test reported demand in the 1.4610 area which cushioned the fall , cable then able to recoevr back to 1.4688 and now consolidating around 1.4675. traders seeing litttle to support should 1.4600 give way ahead of light bids at 1.4510. the DEC lows are seen as key on the downside at 1.4370.
Do you trade with ACM or just getting the news from them?
  • #110,970
  • Jan 13, 2009 4:53am Jan 13, 2009 4:53am
Quoting trader2160
Do you trade with ACM or just getting the news from them?

Just use their charts and news thru demo acct. but trade live thru MB Trading.
  • #110,971
  • Jan 13, 2009 4:56am Jan 13, 2009 4:56am
Quoting joemiami
Just use their charts and news thru demo acct. but trade live thru MB Trading.
Nice.I take it the demo is limited(unlike mt4 platforms)
  • #110,972
  • Jan 13, 2009 5:08am Jan 13, 2009 5:08am
looking for 1.4469 and more deep
  • #110,973
  • Jan 13, 2009 5:17am Jan 13, 2009 5:17am
Quoting Abuawad
looking for 1.4469 and more deep
very likely with H&s on the daily nearly formed
  • #110,974
  • Jan 13, 2009 5:23am Jan 13, 2009 5:23am
Morning, folks.

I am looking for short around 4640.
  • #110,975
  • Jan 13, 2009 5:25am Jan 13, 2009 5:25am
the h1 50 and 200 are crossing... this is "usually" significant for a true trend changer for more than just a few hours. I'm a pullback trader... so this downmove has been a bit painful to sit and watch... scalping and a few limit orders hit.. but that's about all i have for today for 70 pips.. guess it's better than nothing.
DireXiv Make it happen, no one else is going to do it for you...
  • #110,976
  • Jan 13, 2009 5:32am Jan 13, 2009 5:32am
Quoting DireXiv
the h1 50 and 200 are crossing... this is "usually" significant for a true trend changer for more than just a few hours. I'm a pullback trader... so this downmove has been a bit painful to sit and watch... scalping and a few limit orders hit.. but that's about all i have for today for 70 pips.. guess it's better than nothing.
is that 50/200 ema?
  • #110,977
  • Jan 13, 2009 5:38am Jan 13, 2009 5:38am
sorry ya

Quoting daffy
is that 50/200 ema?
DireXiv Make it happen, no one else is going to do it for you...
  • #110,978
  • Jan 13, 2009 5:39am Jan 13, 2009 5:39am
Quoting DireXiv
the h1 50 and 200 are crossing... this is "usually" significant for a true trend changer for more than just a few hours. I'm a pullback trader... so this downmove has been a bit painful to sit and watch... scalping and a few limit orders hit.. but that's about all i have for today for 70 pips.. guess it's better than nothing.

nice observation comrade
  • #110,979
  • Jan 13, 2009 5:41am Jan 13, 2009 5:41am
hi

i test my trend line and try to break if its break we going to 1.4352
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  • #110,980
  • Jan 13, 2009 5:48am Jan 13, 2009 5:48am
Quoting deboooo2005
hi

i test my trend line and try to break if its break we going to 1.4352

on my charts that TL was broken some while back.....different data i guess....
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