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Cable Update (GBPUSD)

  • #114,301
  • Jan 23, 2009 12:19am Jan 23, 2009 12:19am
Yeah actually I dont think im looking ur time frame.
M30 for the inside wave :
A being the entry down, then B C D and finally comming down E.
The wave 5 i mention early where I see it is on this E wave down to 5 min chart.
  • #114,302
  • Jan 23, 2009 12:26am Jan 23, 2009 12:26am
35 did hold again perfect 2 bottom on 15 tf - lets see if bears will attack it again or if its done...
  • #114,303
  • Jan 23, 2009 12:28am Jan 23, 2009 12:28am
hmm... I think it cud turn round and have another go. I wish it wud make its mind up though soon.
  • #114,304
  • Jan 23, 2009 12:29am Jan 23, 2009 12:29am
it has touched first S1 1.3734..but never break thru it...hmm..wonder where will it go...standby to pull the trigger....
money is for living
  • #114,305
  • Jan 23, 2009 12:29am Jan 23, 2009 12:29am
Quoting fry2010
Yeah actually I dont think im looking ur time frame.
M30 for the inside wave :
A being the entry down, then B C D and finally comming down E.
The wave 5 i mention early where I see it is on this E wave down to 5 min chart.
can you show me your chart??
me prefer short for the bad news gbp and maybe reversal when us open
  • #114,306
  • Jan 23, 2009 12:35am Jan 23, 2009 12:35am
wow nice short, till now no break...
  • #114,307
  • Jan 23, 2009 12:41am Jan 23, 2009 12:41am
who wanna short? Hehe!

Long at 41.

-2 on my 65 entry...
  • #114,308
  • Jan 23, 2009 12:43am Jan 23, 2009 12:43am
don't know anymore -

out at +10 for the short

long at 13760 (should have been 13743 - not paying attention)
  • #114,309
  • Jan 23, 2009 12:43am Jan 23, 2009 12:43am
Quoting Dashboard
can you show me your chart??
me prefer short for the bad news gbp and maybe reversal when us open
Sure, heres a clean chart showing what i mean.

Im looking at 1.3790, if price go above this we cud have 'F' wave and final break out.
Attached Image (click to enlarge)
Click to Enlarge Name: fib1.gif Size: 35 KB
  • #114,310
  • Jan 23, 2009 12:44am Jan 23, 2009 12:44am
Hello guys. I'm new here and been trading live since January 5th, so far so good. Been reading the posts here for quite a while now and some of the analysis from you guys here are great. Somewhat indirectly have helped me in my trading. Thanks guys.

Today I choose to stay out from trading cable, with the price bouncing from yesteryear's lows with no significant direction have somewhat got me spooked.

Happy trading you guys.
Thank You
  • #114,311
  • Jan 23, 2009 12:45am Jan 23, 2009 12:45am
Quoting Jnita
don't know anymore -

out at +10 for the short

long at 13760 (should have been 13743 - not paying attention)
Nice scalp! Green pips are always welcome!

-----
Entry at 41 and 65 closed at 62



Quoting fry2010
Sure, heres a clean chart showing what i mean.

Im looking at 1.3790, if price go above this we cud have 'F' wave and final break out.
Thx very informative!
  • #114,312
  • Jan 23, 2009 12:47am Jan 23, 2009 12:47am
ok.. back in long.. set to b/e... lets see if she can just work her way up... cleared 55.. the main obstacle..

edit: just taken out b/e
DireXiv Make it happen, no one else is going to do it for you...
  • #114,313
  • Edited 1:03am Jan 23, 2009 12:47am | Edited 1:03am
order #48870100 buy 1.00 GBPUSD at 1.3742 was modified -> sl: 1.3755 tp:



Attached Image (click to enlarge)
Click to Enlarge Name: go!.gif Size: 17 KB
  • #114,314
  • Jan 23, 2009 12:47am Jan 23, 2009 12:47am
Quoting wormboy
Hello guys. I'm new here and been trading live since January 5th, so far so good. Been reading the posts here for quite a while now and some of the analysis from you guys here are great. Somewhat indirectly have helped me in my trading. Thanks guys.

Today I choose to stay out from trading cable, with the price bouncing from yesteryear's lows with no significant direction have somewhat got me spooked.

Happy trading you guys.
Congratulations on your wisdom to stay out of a market you do not feel comfortable with. This shows a great deal of wisdom. Many people fall into the trap that they MUST try to trade every day, even if the markets are telling you otherwise.

Here's hoping that your Pips are GREEN.
  • #114,315
  • Jan 23, 2009 12:51am Jan 23, 2009 12:51am
Quoting biax
order #48870100 buy 1.00 GBPUSD at 1.3742 was modified -> sl: 1.3742 tp: 1.3796

SELL TP @ 1.3715 / 6xx
  • #114,316
  • Jan 23, 2009 12:51am Jan 23, 2009 12:51am
Quoting Inzider
Nice scalp! Green pips are always welcome!

-----
Entry at 41 and 65 closed at 62





Thx very informative!

gave all mine back just now, out at -16 (had no SL - should teach me a lesson, interbank and their requotes)

edit: LOL - and there she goes back to my entry
  • #114,317
  • Jan 23, 2009 12:52am Jan 23, 2009 12:52am
No probs inzider.
I dnt no how ur able to be makin pips tho, I cant seem to decide on entry or direction lol.
As smoothtrader says gd idea to stay out if ur unsure.
  • #114,318
  • Jan 23, 2009 12:52am Jan 23, 2009 12:52am
g
Quoting SmoothTrader
Congratulations on your wisdom to stay out of a market you do not feel comfortable with. This shows a great deal of wisdom. Many people fall into the trap that they MUST try to trade every day, even if the markets are telling you otherwise.

Here's hoping that your Pips are GREEN.
Agree 100% - been there donne that, and still....
  • #114,319
  • Jan 23, 2009 12:55am Jan 23, 2009 12:55am
Quoting Jnita
gave all mine back just now, out at -16 (had no SL - should teach me a lesson, interbank and their requotes)

Euh?! your broker screwed you? or you just haven't bank the pips?

I'm full of compassion!

------------------
In at 55

Quoting fry2010
No probs inzider.
I dnt no how ur able to be makin pips tho, I cant seem to decide on entry or direction lol.
As smoothtrader says gd idea to stay out if ur unsure.
Sure man! Anyone have its own judgment and whitout an idea its better to keep aside.

This thing is making ping-pong whit herself....

I scapl most of the time, i never stay in too long, and kee tight Sl... keeping risk low...
  • #114,320
  • Jan 23, 2009 12:58am Jan 23, 2009 12:58am
Taken out to the pip for b/e.... wtf.... and there was my tp.... oh well.

Quoting Jnita
gave all mine back just now, out at -16 (had no SL - should teach me a lesson, interbank and their requotes)

edit: LOL - and there she goes back to my entry
DireXiv Make it happen, no one else is going to do it for you...
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