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Cable Update (GBPUSD)

  • #111,721
  • Jan 15, 2009 8:50am Jan 15, 2009 8:50am
THe London fix is a long way away,could be in for more big moves.
  • #111,722
  • Jan 15, 2009 8:50am Jan 15, 2009 8:50am
watchout for the reversal . . .
  • #111,723
  • Jan 15, 2009 8:51am Jan 15, 2009 8:51am
My channel is working well, 3 longs hit + 8 pips each, and 1 hold short 1.4675 ! See the latest price action, look like any important new released, anyone know what is it ?
Attached Image (click to enlarge)
Click to Enlarge Name: 150109.gif Size: 82 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #111,724
  • Jan 15, 2009 8:53am Jan 15, 2009 8:53am
Quoting eohater
Back long at 4512 with TIGHT SL at 4495.
Looking for it to take the old 180
  • #111,725
  • Jan 15, 2009 8:55am Jan 15, 2009 8:55am
Quoting trader2160
Looking for it to take the old 180
We'll see, I'm covered at +2 right now.
Just digging in the trenches like everyone else!
  • #111,726
  • Jan 15, 2009 8:56am Jan 15, 2009 8:56am
Quoting GuateForex
Sell Orders Executed
GBPUSD
1. Sell at 1.4562 | Tp: +30 pips
2. Sell at 1.4562 | Tp: +40 pips
3. Sell at 1.4562 | Tp: ... Still Waiting
Another Win for Today.....

GBPUSD
1. Sell at 1.4562 | Tp: +30 pips
2. Sell at 1.4562 | Tp: +40 pips
3. Sell at 1.4562 | Tp: +50 pips

Total: +120 Pips
  • #111,727
  • Jan 15, 2009 8:59am Jan 15, 2009 8:59am
Quoting eohater
We'll see, I'm covered at +2 right now.
Im still a bit hesitant to go long,Youre rt,well see
  • #111,728
  • Jan 15, 2009 9:04am Jan 15, 2009 9:04am
EO,
Just curious as to when you move your stop into lock in +2. I"ve been waiting to move stop to even until I'm up 20pip. I"m sure it varies on PA, but do you have a general point?
Just curious. Watching from the sidelines today.
Josh
  • #111,729
  • Jan 15, 2009 9:06am Jan 15, 2009 9:06am
Quoting eohater
Back long at 4512 with TIGHT SL at 4495.
Love your style bro. Your SL is not even hiding under the daily TL and you don't hesitate to take the long right on this mother of a bearish engulfing 1H. Nicely done.

Me I am looking for short on the retracement possibly around the 4570-95 area. Always depending on PA.
  • #111,730
  • Jan 15, 2009 9:06am Jan 15, 2009 9:06am
buy at 4526 . . .

i've been watching those 2 butterfly formation (am i right?) candles, i found at least 5 last 2 months, usually it will move more than 100pisp in a blast (espc 15M), but then it reverse the tren in instant too (but will take a longer time)

may be. . . .
  • #111,731
  • Jan 15, 2009 9:07am Jan 15, 2009 9:07am
G'day lads. What other currency pairs do you trade (another general question to everbody).
Probability Professor
  • #111,732
  • Jan 15, 2009 9:09am Jan 15, 2009 9:09am
Long @4517 and got my fingers crossed s/l at +2
  • #111,733
  • Jan 15, 2009 9:10am Jan 15, 2009 9:10am
Quoting eohater
We'll see, I'm covered at +2 right now.
Nice call bro hope you moved your stop and are still in it
  • #111,734
  • Jan 15, 2009 9:17am Jan 15, 2009 9:17am
Quoting blurrcow
the last 4 15-minute candles seem to suggest that we are near the top of the channel... this current 15-minute candle should either confirm or not...

hmmm... the last 4 15-minute candles seem to suggest that we are near the bottom of the channel... this current 15-minute candle should either confirm or not...
  • #111,735
  • Jan 15, 2009 9:19am Jan 15, 2009 9:19am
heck - longs without s/l's should fake their own deaths now and head for brazil
  • #111,736
  • Jan 15, 2009 9:21am Jan 15, 2009 9:21am
new long @4514 may stop out manually
  • #111,737
  • Jan 15, 2009 9:21am Jan 15, 2009 9:21am
Quoting allserene
heck - longs without s/l's should fake thier own deaths now and head for brazil
i am LONG now at 4514... lets see..
  • #111,738
  • Jan 15, 2009 9:23am Jan 15, 2009 9:23am
at least everybody,s got their 2 pips
  • #111,739
  • Jan 15, 2009 9:23am Jan 15, 2009 9:23am
Quoting allserene
heck - longs without s/l's should fake thier own deaths now and head for brazil
  • #111,740
  • Jan 15, 2009 9:23am Jan 15, 2009 9:23am
the $ is doing some serious butt kicking today eh!!
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