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Cable Update (GBPUSD)

  • #115,821
  • Jan 28, 2009 12:12pm Jan 28, 2009 12:12pm
Quoting Infinity
I am short from 4350 and 4338..
4350 - nice catch! I'got it at 4325.
  • #115,822
  • Jan 28, 2009 12:15pm Jan 28, 2009 12:15pm
Im close my sell position...
you say buy now?
  • #115,823
  • Jan 28, 2009 12:15pm Jan 28, 2009 12:15pm
Quoting Jigsaw
Very nice chart . . You in short Infinity ?

Nope all long's for me closed out, building up a short position . . . Well , I would be if I wasn't going back to University tomorrow lol oh well . . Intraday was fun when it lasted.
I think the next few days will be just as fun if we break 1.4195 and continue south...
  • #115,824
  • Jan 28, 2009 12:17pm Jan 28, 2009 12:17pm
I am long from 1.4190 for scalp
  • #115,825
  • Jan 28, 2009 12:19pm Jan 28, 2009 12:19pm
Quoting sofia101
I am long from 1.4190 for scalp
not 4150 ?

catch the falling knife mode. cannot find anything here worth risking a long.
  • #115,826
  • Jan 28, 2009 12:20pm Jan 28, 2009 12:20pm
Quoting sofia101
I am long from 1.4190 for scalp
interested to know why wud u scalp North instead of South when the volume on the last 2 H1 seems to suggest that we are heading South...
  • #115,827
  • Jan 28, 2009 12:22pm Jan 28, 2009 12:22pm
Might be good for almost a few hundred who knows?
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 19 KB
Check Mate GAME OVER
  • #115,828
  • Jan 28, 2009 12:22pm Jan 28, 2009 12:22pm
Quoting Dr.Geppynius
not 4150 ?

catch the falling knife mode. cannot find anything here worth risking a long.
well you find me
  • #115,829
  • Jan 28, 2009 12:23pm Jan 28, 2009 12:23pm
mmm... who know how deep this fall will continue...

i just left all my short with open target with 45point trailing stop...
can't wait anymore.... so sleepy... see you guys tomorrow...

have a nice pips to all
  • #115,830
  • Jan 28, 2009 12:24pm Jan 28, 2009 12:24pm
Quoting blurrcow
Is anybody still LONG ???

I am short now.. and expect to be short until 1.3680...
good for you strategist suggest it can go lower than 1.35 once it descends
  • #115,831
  • Jan 28, 2009 12:29pm Jan 28, 2009 12:29pm
We are shaping up for 1 spectacular day close.... let see how it goes...
Patience + Discipline - Greed = Success
  • #115,832
  • Jan 28, 2009 12:33pm Jan 28, 2009 12:33pm
Quoting Infinity
We are shaping up for 1 spectacular day close.... let see how it goes...
We are in deed brother! My longs took some very nice profit on their journey. Didn't get in short, was in a meeting, a new seat will present itself in the near future.
Just digging in the trenches like everyone else!
  • #115,833
  • Jan 28, 2009 12:36pm Jan 28, 2009 12:36pm
Quoting eohater
We are in deed brother! My longs took some very nice profit on their journey. Didn't get in short, was in a meeting, a new seat will present itself in the near future.
Love your attitude to trading EO, (Well , love your trading full stop - Im a strong Eo groupie tbh) Im pretty sure that at the time spent in my early days merely lurking in this thread. . . Stuff like

Get ready for battle
There will always be another ride/seat

It was really a good way to look at the whole forex thing . . .
  • #115,834
  • Jan 28, 2009 12:36pm Jan 28, 2009 12:36pm
Spectacular day. Yay for chart pattern recognition!
There's always money in the banana stand.
  • #115,835
  • Jan 28, 2009 12:38pm Jan 28, 2009 12:38pm
Quoting Jigsaw
Love your attitude to trading EO, (Well , love your trading full stop - Im a strong Eo groupie tbh) Im pretty sure that at the time spent in my early days merely lurking in this thread. . . Stuff like

Get ready for battle
There will always be another ride/seat

It was really a good way to look at the whole forex thing . . .
Thanks bro!

You have to be light hearted about this. Trade your setups, take profit and secure your position so you don't bleed. If you don't this business will drive you in the ground along with your account.
Just digging in the trenches like everyone else!
  • #115,836
  • Jan 28, 2009 12:39pm Jan 28, 2009 12:39pm
Quoting eohater
We are in deed brother! My longs took some very nice profit on their journey. Didn't get in short, was in a meeting, a new seat will present itself in the near future.
That's right bro! I closed my positions from 4338 at 4170 as we are approaching the 50sma and 62ema on h1... I will look to add to my other position on a pullback...
Patience + Discipline - Greed = Success
  • #115,837
  • Jan 28, 2009 12:39pm Jan 28, 2009 12:39pm
Quoting eohater
We are in deed brother! My longs took some very nice profit on their journey. Didn't get in short, was in a meeting, a new seat will present itself in the near future.
So for those who missed out like you, what levels do you think they shud jump on the SHORT train?? (I'm think of adding to my shorts...)
  • #115,838
  • Jan 28, 2009 12:40pm Jan 28, 2009 12:40pm
Quoting blurrcow
Is anybody still LONG ???

I am short now.. and expect to be short until 1.3680...
Same here. Waiting for it to cross my ma for me to add to my position.
Thank You
  • #115,839
  • Jan 28, 2009 12:42pm Jan 28, 2009 12:42pm
Quoting Infinity
That's right bro! I closed my positions at 4338 at 4170 as we are approaching the 50sma and 62ema on h1... I will look to add to my other position on a pullback...
I think we could have another nice position trade developing here. Since we didn't get through 4378, which I'll post a chart on the daily in a minute, we could very well be looking at a jaunt back down and even deeper than 3500. This time, it will be sell everytime the 15m crosses the 50ema, just the opposite of what I did on my longs to the top.
Just digging in the trenches like everyone else!
  • #115,840
  • Jan 28, 2009 12:43pm Jan 28, 2009 12:43pm
Quoting blurrcow
So for those who missed out like you, what levels do you think they shud jump on the SHORT train?? (I'm think of adding to my shorts...)
We'll, right now, I'm not going to be taking a position. With the time of day in the US Session and all, I'm discouraged of trying to build a position. I would consider a short right now after this 15m candle closes with a tight SL
Just digging in the trenches like everyone else!
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