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Cable Update (GBPUSD)

  • #112,061
  • Jan 16, 2009 4:26am Jan 16, 2009 4:26am
Quoting manize
Based on MT4 chart, ema, pivot and manually draw trend line !
doh, I see it now. thanks.
  • #112,062
  • Jan 16, 2009 4:28am Jan 16, 2009 4:28am
Quoting manize
I think no noeed to worry as long as been secured in green pips ! I short again at 1.4950, mean while waiting for the best place at D/50ema - 1.5055.
yesss... another shorting opportunity coming up...
  • #112,063
  • Jan 16, 2009 4:31am Jan 16, 2009 4:31am
this pair has been relentless the past 20 hours or so...anyone smell profit taking in NY before the weekend......
  • #112,064
  • Jan 16, 2009 4:31am Jan 16, 2009 4:31am
Quoting MrMY
u dare to short? Bears still sleeping hehe..

1.5xxx by/in US session?
ive dared to short 4950 SL BE +1
  • #112,065
  • Jan 16, 2009 4:37am Jan 16, 2009 4:37am
Quoting PipLand
ive dared to short 4950 SL BE +1

I woke up late and the train already fly 4950 seem to be R3 for the day, hope it would be today's high, wish you trade well today
Many happy pips returned ...
  • #112,066
  • Jan 16, 2009 4:42am Jan 16, 2009 4:42am
Quoting m0N5Ta
I woke up late and the train already fly 4950 seem to be R3 for the day, hope it would be today's high, wish you trade well today
cheers i missed it as well i had other work to do this morning so i didnt even get the benefit of the sleep . WHats even more annoying is i had longs but i took them off as i didnt want to leave them on over night

oh well thats trading for you, thanks and good trading to you too
  • #112,067
  • Jan 16, 2009 4:46am Jan 16, 2009 4:46am
Quoting m0N5Ta
I woke up late and the train already fly 4950 seem to be R3 for the day, hope it would be today's high, wish you trade well today
wish to see 1.5xx before sell of
  • #112,068
  • Jan 16, 2009 4:47am Jan 16, 2009 4:47am
Quoting PipLand
cheers i missed it as well i had other work to do this morning so i didnt even get the benefit of the sleep . WHats even more annoying is i had longs but i took them off as i didnt want to leave them on over night

oh well thats trading for you, thanks and good trading to you too
Same here, friend. I deemed it far too risky to leave longs overnight. Made some pips, so won't complain too much, but you can't help think of what you could've won.

Joys of trading.
  • #112,069
  • Jan 16, 2009 4:48am Jan 16, 2009 4:48am
Quoting PipLand
ive dared to short 4950 SL BE +1
  • #112,070
  • Jan 16, 2009 4:49am Jan 16, 2009 4:49am
Quoting PipLand
cheers i missed it as well i had other work to do this morning so i didnt even get the benefit of the sleep . WHats even more annoying is i had longs but i took them off as i didnt want to leave them on over night

oh well thats trading for you, thanks and good trading to you too
Morning all.I feel your pain buddy.missed the whole thing.
  • #112,071
  • Jan 16, 2009 4:55am Jan 16, 2009 4:55am
Quoting Infinity
I see that but the bounces off the lows are getting weaker...

I think I will start entering long term longs if we get above 4708 and close above it...

I just got stopped out of the remainder of my shorts. I'll wait on another setup...
4708 was the key level here.... I got in late at 4760 and closed at 4950.. I know Jamie is going to be a happy man when is wakes up....
Patience + Discipline - Greed = Success
  • #112,072
  • Jan 16, 2009 4:56am Jan 16, 2009 4:56am
Quoting Infinity
4708 was the key level here.... I got in late at 4760 and closed at 4950.. I know Jamie is going to be a happy man when is wakes up....
You're right, he'll be ecstatic. Good for him.
  • #112,073
  • Jan 16, 2009 5:00am Jan 16, 2009 5:00am
I also pulled the trigger on 14500 yesterday and considered it a good one to keep but got greedy and nervous of cables inability to sustain a rise and plucked it for a small profit.

Oh well, at least you weren't throwing your pips in it's path trying to force her back where she really wants to be like I did. I have now resigned myself to the fact that it needs the power of patriotic flag bearers to short her, so I will wait for the TIC data or some more delicious bad news before taking another position altho I have got an eye on the mighty 150 level as a barrier. Not sure she has too much desire to reach it tho.

Quoting trader2160
Morning all.I feel your pain buddy.missed the whole thing.
Ride the Bulls bearback!
  • #112,074
  • Jan 16, 2009 5:06am Jan 16, 2009 5:06am
Quoting gammase1
Same here, friend. I deemed it far too risky to leave longs overnight. Made some pips, so won't complain too much, but you can't help think of what you could've won.

Joys of trading.
Quoting trader2160
Morning all.I feel your pain buddy.missed the whole thing.
sorry to hear you guys missed out too i thought it was just gonna be me. I thought it was gonna happen during the London yesterday and then in the evening i thought if it didnt happen on Thurs then it wont happen on fri so i'll wait till monday morning, DOH!

I better get some good pips from my short now, cable owes me something good today at least, but most likely i'll end up with +1
  • #112,075
  • Jan 16, 2009 5:09am Jan 16, 2009 5:09am
Quoting alcando
I also pulled the trigger on 14500 yesterday and considered it a good one to keep but got greedy and nervous of cables inability to sustain a rise and plucked it for a small profit.

Oh well, at least you weren't throwing your pips in it's path trying to force her back where she really wants to be like I did. I have now resigned myself to the fact that it needs the power of patriotic flag bearers to short her, so I will wait for the TIC data or some more delicious bad news before taking another position altho I have got an eye on the mighty 150...
couldnt agree with you more mate,Im lucky I got stopped out last night after having gone short around 4588.She will go where she wants to go,I learnt that a long time ago.Yeah, might turn before 1500.Also have some US numbers coming out,lets see.
  • #112,076
  • Jan 16, 2009 5:15am Jan 16, 2009 5:15am
Quoting PipLand
sorry to hear you guys missed out too i thought it was just gonna be me. I thought it was gonna happen during the London yesterday and then in the evening i thought if it didnt happen on Thurs then it wont happen on fri so i'll wait till monday morning, DOH!

I better get some good pips from my short now, cable owes me something good today at least, but most likely i'll end up with +1
+1 is always better than -20
  • #112,077
  • Jan 16, 2009 5:21am Jan 16, 2009 5:21am
weekly chart, potential 5/10sma cross-up, similar to the e/u rally a few weeks back. Could send cable into orbit
  • #112,078
  • Jan 16, 2009 5:25am Jan 16, 2009 5:25am
Quoting trader2160
+1 is always better than -20
yeah defo!! Cable looks like its coming back to give me 1pip again after all lol

At least my silver stocks are giving me some love today lol
  • #112,079
  • Jan 16, 2009 5:59am Jan 16, 2009 5:59am
watch these lines...
Attached Image (click to enlarge)
Click to Enlarge Name: 16-1-2009 note.gif Size: 48 KB
  • #112,080
  • Jan 16, 2009 6:06am Jan 16, 2009 6:06am
OK 80 pips closed.

well gentlemen, and ladies (if there's any), shall the GU will rise or down at US market hour?
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