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Cable Update (GBPUSD)

  • #111,641
  • Jan 14, 2009 9:03pm Jan 14, 2009 9:03pm
Quoting Bullfx
Short GU at 1.46
TOTALLY AGREE with SL =1.471
  • #111,642
  • Jan 14, 2009 9:09pm Jan 14, 2009 9:09pm
Quoting dashboard
TOTALLY AGREE with SL =1.471
i prefer make your SL become TP...
newbies yang minat nak belajar forex, sila ym saya, ym: ammal007
  • #111,643
  • Jan 14, 2009 9:11pm Jan 14, 2009 9:11pm
Quoting dashboard
TOTALLY AGREE with SL =1.471
So, 110pip SL with the potential of what in return. We did not make a new low yesterday. I do see us going up, even though I'm short with SL at +2 and I've taken good profit already. This just happens to still be open since the opening when we shot up to the 1h 50sma. Now, we're above the 50/10 and the 62 is above us around 466x, yestersay's high of 4713, I think the short around 466x and higher is a better short then going short right now. She's just ranging at the moment waiting for direction. So, I see her going up to possible 1.48. A solid break of 471x is needed for the 1.48 area. Sho a short around the 467x area, with a tight SL seems to be a better play in my opinion. Don't get me wrong, she could just drop her pants and run south for the border. We'll see how she plays out, but I think if your not in a position and your not scalping. Right now is not a great time to enter unless your stops are tight.

Trade well!
EO
Just digging in the trenches like everyone else!
  • #111,644
  • Jan 14, 2009 9:13pm Jan 14, 2009 9:13pm
Quoting ammal07
i prefer make your SL become TP...
My short from the top had a total TP set at 4550 and a turn to go long on her at the same time. If it would have gotten filled, I would be targeting the same area looking for the short signal.
Just digging in the trenches like everyone else!
  • #111,645
  • Jan 14, 2009 9:26pm Jan 14, 2009 9:26pm
Quoting eohater
So, 110pip SL with the potential of what in return. We did not make a new low yesterday. I do see us going up, even though I'm short with SL at +2 and I've taken good profit already. This just happens to still be open since the opening when we shot up to the 1h 50sma. Now, we're above the 50/10 and the 62 is above us around 466x, yestersay's high of 4713, I think the short around 466x and higher is a better short then going short right now. She's just ranging at the moment waiting for direction. So, I see her going up to possible 1.48. A solid break...
I completely agree that right now is point of uncertainty. However, in my opinion when London opens cable will go up in expectations of US data, may face resistanse for a while at 1.4680-90 though. Then if US data comes out worse than expected it will go further up, otherwise will head down to 1.43xx.
Wait 3.5 hours.
  • #111,646
  • Jan 14, 2009 9:29pm Jan 14, 2009 9:29pm
Quoting eohater
So, 110pip SL with the potential of what in return....
can you share your trading system and the rule of course. coz not clear enough what you have publised last.........
  • #111,647
  • Jan 14, 2009 9:33pm Jan 14, 2009 9:33pm
cable will go down early european session before go up after ECB rate decision and go up further during us session.
  • #111,648
  • Jan 14, 2009 9:46pm Jan 14, 2009 9:46pm
She still dancing in daily pivot, waiting for next 1 - 2 hour.. its make me confuse to Open order.
  • #111,649
  • Jan 14, 2009 10:14pm Jan 14, 2009 10:14pm
i'm short gu at 1.4615 and tp 1.4500
  • #111,650
  • Jan 14, 2009 10:16pm Jan 14, 2009 10:16pm
Quoting hanizad
i'm short gu at 1.4615 and tp 1.4500
dude, rather try scalping that trade, not that im trying to tell you what to do.
Keep It Simple Stupid
  • #111,651
  • Jan 14, 2009 10:17pm Jan 14, 2009 10:17pm
whats going on my fellow ninjas! im out for a few that range put my eyes through the ringer...back for euro

may the green pips be with all
  • #111,652
  • Jan 14, 2009 10:20pm Jan 14, 2009 10:20pm
long @4630
  • #111,653
  • Jan 14, 2009 10:26pm Jan 14, 2009 10:26pm
Quoting fifo
long @4630
Mine is 1.4600 (DP), secured +8, looking for h1-62ema. Then thinking a possiblity short depend on the next price action !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #111,654
  • Jan 14, 2009 10:43pm Jan 14, 2009 10:43pm
my long is locked in @ +3
Keep It Simple Stupid
  • #111,655
  • Jan 14, 2009 10:45pm Jan 14, 2009 10:45pm
Quoting manize
Mine is 1.4600 (DP), secured +8, looking for h1-62ema. Then thinking a possiblity short depend on the next price action !
TP @4656
  • #111,656
  • Jan 14, 2009 10:46pm Jan 14, 2009 10:46pm
is this going to be the same story as yesterday morning i wonder?
Keep It Simple Stupid
  • #111,657
  • Jan 14, 2009 10:49pm Jan 14, 2009 10:49pm
Quoting fifo
TP @4656
I would rather lock my profit at 1.4645 and see wether it breaks 62ema at 1.4659 and 23.60fib at 1.4678. If it does then keep earning pips, anyway it's your call.
  • #111,658
  • Jan 14, 2009 10:49pm Jan 14, 2009 10:49pm
Quoting fifo
TP @4656
moved my stop a little higher, going to give her a chance to run
Keep It Simple Stupid
  • #111,659
  • Jan 14, 2009 10:56pm Jan 14, 2009 10:56pm
closed +10 and reverse

and... closed +20

fast 30 morning pips
  • #111,660
  • Jan 14, 2009 11:00pm Jan 14, 2009 11:00pm
closed +20, hesitated to short!
Keep It Simple Stupid
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