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Cable Update (GBPUSD)

  • #114,121
  • Jan 22, 2009 12:57pm Jan 22, 2009 12:57pm
Need the current 1h candle to close above 3840 to support the longs other wise, she's engulfing the prior 1h candle and down periscope.
Just digging in the trenches like everyone else!
  • #114,122
  • Jan 22, 2009 12:59pm Jan 22, 2009 12:59pm
I hope my posting hasn't offended anyone today or seems obnoxious. I'm just trying to share what I see and what I'm looking for. I hope everyone has made some good pippage today.
Just digging in the trenches like everyone else!
  • #114,123
  • Jan 22, 2009 12:59pm Jan 22, 2009 12:59pm
EO, what does it mean when one candle engulfs the previous candle?
Keep It Simple Stupid
  • #114,124
  • Jan 22, 2009 1:00pm Jan 22, 2009 1:00pm
Quoting eohater
It's fun though isn't it! I'm back long myself at 3818 and covered +2. The current 1h candle is not going to engulf the last 1h candle. She could be getting ready for her launch. Dow is going up, risk aversion is going away from the dollar. My seat belt is securely fastened. I'd like to see another 200 pip run up like we saw yesterday.
it is fun as long as the pips keep flowing lol

Yeah i agree im back on to my orignal target before it stalled 4000- 4100.

Id love to see that today

Glad you got in too
  • #114,125
  • Jan 22, 2009 1:01pm Jan 22, 2009 1:01pm
Quoting Alastair
EO, what does it mean when one candle engulfs the previous candle?
just read your last post, i understand now.
Keep It Simple Stupid
  • #114,126
  • Jan 22, 2009 1:03pm Jan 22, 2009 1:03pm
Quoting eohater
It's fun though isn't it! I'm back long myself at 3818 and covered +2. The current 1h candle is not going to engulf the last 1h candle. She could be getting ready for her launch. Dow is going up, risk aversion is going away from the dollar. My seat belt is securely fastened. I'd like to see another 200 pip run up like we saw yesterday.
My 4H just closed and is engulfing the previous candle.
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.jpg Size: 51 KB
  • #114,127
  • Jan 22, 2009 1:03pm Jan 22, 2009 1:03pm
Quoting eohater
I hope my posting hasn't offended anyone today or seems obnoxious. I'm just trying to share what I see and what I'm looking for. I hope everyone has made some good pippage today.
Not at all mate, you make a major contribution to the forum everyday and I think most people appreciate it!
  • #114,128
  • Jan 22, 2009 1:04pm Jan 22, 2009 1:04pm
Quoting Alastair
EO, what does it mean when one candle engulfs the previous candle?
There's always a seat as long as we're patient enough for it. I will thank my brother Infinity for the patience!! You rock brother!!
Just digging in the trenches like everyone else!
  • #114,129
  • Jan 22, 2009 1:05pm Jan 22, 2009 1:05pm
Quoting daffy
My 4H just closed and is engulfing the previous candle.
Supports our long positions then! YEAH!!!. Next stop, ladies lingerie at the 1h 62 my friends. Cover you position as it grows, don't give back the pips.
Just digging in the trenches like everyone else!
  • #114,130
  • Jan 22, 2009 1:07pm Jan 22, 2009 1:07pm
Quoting eohater
It's fun though isn't it! I'm back long myself at 3818 and covered +2. The current 1h candle is not going to engulf the last 1h candle. She could be getting ready for her launch. Dow is going up, risk aversion is going away from the dollar. My seat belt is securely fastened. I'd like to see another 200 pip run up like we saw yesterday.
SL+2 activated. waiting for next shorting opportunity...
  • #114,131
  • Jan 22, 2009 1:09pm Jan 22, 2009 1:09pm
Quoting eohater
I hope my posting hasn't offended anyone today or seems obnoxious. I'm just trying to share what I see and what I'm looking for. I hope everyone has made some good pippage today.
No offense here bro!
Patience + Discipline - Greed = Success
  • #114,132
  • Jan 22, 2009 1:11pm Jan 22, 2009 1:11pm
We need a nice close on the 15m candle above the 200sma. Not a pin bar, but a nice close with a nice wick so we can continue the burn upwards.
Just digging in the trenches like everyone else!
  • #114,133
  • Jan 22, 2009 1:12pm Jan 22, 2009 1:12pm
i have problem with moving my s/l
i have been stopped out for +1 5 times today, i move it in too early, but not sure when i should move it?
Keep It Simple Stupid
  • #114,134
  • Jan 22, 2009 1:12pm Jan 22, 2009 1:12pm
Quoting eohater
I hope my posting hasn't offended anyone today or seems obnoxious. I'm just trying to share what I see and what I'm looking for. I hope everyone has made some good pippage today.
Nope not at all.
  • #114,135
  • Jan 22, 2009 1:13pm Jan 22, 2009 1:13pm
Don't we have some resistance to get through here at 1.3865 on the H1?
Hi, my name is Barry and you can keep your doctor...
  • #114,136
  • Jan 22, 2009 1:13pm Jan 22, 2009 1:13pm
Quoting Alastair
i have problem with moving my s/l
i have been stopped out for +1 5 times today, i move it in too early, but not sure when i should move it?
Follow your ma's on your 15m chart if you use them, otherwise, move it to the opening of the last candle 2 candles prior to the working candle.
Just digging in the trenches like everyone else!
  • #114,137
  • Jan 22, 2009 1:17pm Jan 22, 2009 1:17pm
Quoting eohater
Follow your ma's on your 15m chart if you use them, otherwise, move it to the opening of the last candle 2 candles prior to the working candle.
thanx mate.
Keep It Simple Stupid
  • #114,138
  • Jan 22, 2009 1:17pm Jan 22, 2009 1:17pm
Looks like a lower high to me on the 15
  • #114,139
  • Jan 22, 2009 1:18pm Jan 22, 2009 1:18pm
Not the best 15m candle close for the long team. She might pull back around 3850 to pick up some more riders, or she could just dive down to the bottom. If I wasn't in a trade, I would be looking at the short opportunity right now, but the last 1h candle doesn't support the short movement.

Let's see how she plays out!

Cover your positions! Remember, trades need to breathe, but they don't need to eat your profit away and go red either.

Trade well!
EO
Just digging in the trenches like everyone else!
  • #114,140
  • Jan 22, 2009 1:19pm Jan 22, 2009 1:19pm
wow the Dow has taken off!!
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