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Cable Update (GBPUSD)

  • #113,201
  • Jan 20, 2009 11:46am Jan 20, 2009 11:46am
Quoting PipLand
im short at 4039 on a failure to break a downtrend resistance line SL BE+1
Nicely more than yours , I got + 8 pis.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #113,202
  • Jan 20, 2009 11:50am Jan 20, 2009 11:50am
Quoting PipLand
im short at 4039 on a failure to break a downtrend resistance line SL BE+1
nice one, hope you got out at the last dip,the 15min 21 bounced it.
  • #113,203
  • Jan 20, 2009 11:53am Jan 20, 2009 11:53am
Quoting trader2160
nice one, hope you got out at the last dip,the 15min 21 bounced it.
nope collected my +1
  • #113,204
  • Jan 20, 2009 11:55am Jan 20, 2009 11:55am
Quoting trader2160
nice one, hope you got out at the last dip,the 15min 21 bounced it.
But after seeing the support I now dont feel like shorting it just yet!
  • #113,205
  • Jan 20, 2009 12:06pm Jan 20, 2009 12:06pm
Im gonna wait and see which way we break out of this wedge
Attached Image (click to enlarge)
Click to Enlarge Name: wedgie.gif Size: 27 KB
  • #113,206
  • Jan 20, 2009 12:08pm Jan 20, 2009 12:08pm
Quoting eohater
Nice short! Keep an eye on her around 3970. My longs were all closed out at 4025 and on the sides heaed for lunch.
Excellent work on your longs bro. I went short at the m15 50 and just closed for 50 pips.. My internet connection is on and off..
Patience + Discipline - Greed = Success
  • #113,207
  • Jan 20, 2009 12:09pm Jan 20, 2009 12:09pm
Quoting PipLand
nope collected my +1
She fall down now, siiiiiit .....
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #113,208
  • Jan 20, 2009 12:11pm Jan 20, 2009 12:11pm
Quoting PipLand
Im gonna wait and see which way we break out of this wedge
Cable Bears are giving it the old college try. Will they be able to keep it under the trend line?
  • #113,209
  • Jan 20, 2009 12:13pm Jan 20, 2009 12:13pm
short at 3970 broken wedge
  • #113,210
  • Jan 20, 2009 12:13pm Jan 20, 2009 12:13pm
Quoting Infinity
Excellent work on your longs bro. I went short at the m15 50 and just closed for 50 pips.. My internet connection is on and off..
Damn... if my internet connection was working properly I would not have closed out of my short fully.... I see tweezers....
Attached Image
Patience + Discipline - Greed = Success
  • #113,211
  • Jan 20, 2009 12:15pm Jan 20, 2009 12:15pm
Congrats to Obama by the way.....
Patience + Discipline - Greed = Success
  • #113,212
  • Jan 20, 2009 12:16pm Jan 20, 2009 12:16pm
Quoting Infinity
Congrats to Obama by the way.....
I didn't vote for him, but I wish him all the success and luck in the world. He deserves it.
  • #113,213
  • Jan 20, 2009 12:17pm Jan 20, 2009 12:17pm
Broke the wedge on the 15M chart. Now to see if the bears can attack the magic 1.39 level again.
  • #113,214
  • Jan 20, 2009 12:19pm Jan 20, 2009 12:19pm
Quoting Infinity
Congrats to Obama by the way.....
It doesn't look like the stock market shares your sentiment.
Hi, my name is Barry and you can keep your doctor...
  • #113,215
  • Jan 20, 2009 12:19pm Jan 20, 2009 12:19pm
Actually, looks like some support at 3950 to work through first.
  • #113,216
  • Jan 20, 2009 12:22pm Jan 20, 2009 12:22pm
Quoting SmoothTrader
Actually, looks like some support at 3950 to work through first.
yeah it had to retest the top of the trendline hope it holds
  • #113,217
  • Jan 20, 2009 12:23pm Jan 20, 2009 12:23pm
Quoting cisco
It doesn't look like the stock market shares your sentiment.
I don't give a damn. I just want to see some movement in the FOREX market so I can get my pips!
Patience + Discipline - Greed = Success
  • #113,218
  • Jan 20, 2009 12:33pm Jan 20, 2009 12:33pm
sorry to have joined the conversation late but is the recent 2 day slide due to the bail out annoucement for RBS?
  • #113,219
  • Jan 20, 2009 12:34pm Jan 20, 2009 12:34pm
might see 3680 sooner than i thought yeh!
  • #113,220
  • Jan 20, 2009 12:36pm Jan 20, 2009 12:36pm
Cable came back to test the broken trend line and now has broken below 3950. It will be interesting to see if the bears have the hunger to move it lower.
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