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Cable Update (GBPUSD)

  • #116,621
  • Jan 30, 2009 10:15am Jan 30, 2009 10:15am
Quoting PipLand
Cheers man, its gutting but i'll get over it some how. Only 100 pips can get them again maybe not in the space of 5 secs though lol.
the higher low on the 4hr didnt help the short....
and yesterday breaking the low and the high also ...was another signal...theres always signs after the event
  • #116,622
  • Jan 30, 2009 10:16am Jan 30, 2009 10:16am
Quoting LizardGizzard
Free drinks!!!!!
no free drinks sorry your were 45 mins too early
  • #116,623
  • Jan 30, 2009 10:17am Jan 30, 2009 10:17am
Quoting sofia101
Yes If I see thats it going against me but I know that I am right I make my stop bigger not recommended but ....Didn't I said do not follow me? LOL
This is why I didn't put a SL on my trade. Stop hunting in processes. I added at 4450 and will add again should she make it up there again. Now, I want her to get thru the 15m 5
Just digging in the trenches like everyone else!
  • #116,624
  • Jan 30, 2009 10:17am Jan 30, 2009 10:17am
Quoting nAVIN2007
the higher low on the 4hr didnt help the short....
and yesterday breaking the low and the high also ...was another signal...theres always signs after the event
There were also trendline breaks down to the 5M, as well as price thrust to overcome resistance and a failure to break below various MAs people tend to look at on a couple of time frames.
There's always money in the banana stand.
  • #116,625
  • Jan 30, 2009 10:20am Jan 30, 2009 10:20am
Quoting nAVIN2007
the higher low on the 4hr didnt help the short....
and yesterday breaking the low and the high also ...was another signal...theres always signs after the event
yeah its the little things, the only thing stopping me closing my long sooner was the fact that we had just pushed past 4341 which was the last recent high. For me that made the chart much more bullish and made me hold for the break.

On the previous reversals I looked at on cable the last high was lower than the one before so that negated the bearish pattern i was worried about
  • #116,626
  • Jan 30, 2009 10:20am Jan 30, 2009 10:20am
Quoting eohater
This is why I didn't put a SL on my trade. Stop hunting in processes. I added at 4450 and will add again should she make it up there again. Now, I want her to get thru the 15m 5
It's all good now
  • #116,627
  • Jan 30, 2009 10:21am Jan 30, 2009 10:21am
Quoting golatigo
jumped on 4460 -
other one still in place - i'm ok - just may take longer
off for a couple hours of shut eye
Yeah, I came back with my coffee and about spilled it. SL hunting was going on there, big time. So, I added and now I'm doing fine. I'll TP on the whole position if we don't get thru the 15m 5 though. If she spikes back up, I'll short her again. Might take the long off the 15m 5 should we not clear it with SL below the 15m 10.
Just digging in the trenches like everyone else!
  • #116,628
  • Jan 30, 2009 10:22am Jan 30, 2009 10:22am
2 post of short gave me green pips....just 2 add my green pips 2day..i think r2 is higher 4 2day....but still waiting if it turn back 2 north
  • #116,629
  • Jan 30, 2009 10:24am Jan 30, 2009 10:24am
Quoting eohater
Yeah, I came back with my coffee and about spilled it. SL hunting was going on there, big time. So, I added and now I'm doing fine. I'll TP on the whole position if we don't get thru the 15m 5 though. If she spikes back up, I'll short her again. Might take the long off the 15m 5 should we not clear it with SL below the 15m 10.
Same here
  • #116,630
  • Jan 30, 2009 10:25am Jan 30, 2009 10:25am
Quoting eohater
This is why I didn't put a SL on my trade. Stop hunting in processes. I added at 4450 and will add again should she make it up there again. Now, I want her to get thru the 15m 5
I entered a small short up there as well...near the weekly 5ema..

lets see how the m15 5ema does...
Patience + Discipline - Greed = Success
  • #116,631
  • Jan 30, 2009 10:25am Jan 30, 2009 10:25am
Quoting sofia101
Same here
I knew there was something about you I liked!
Just digging in the trenches like everyone else!
  • #116,632
  • Jan 30, 2009 10:26am Jan 30, 2009 10:26am
Quoting Infinity
I entered a small short up there as well...near the weekly 5ema..

lets see how the m15 5ema does...
you see it too don't you. You going to go back long on her if we don't clear it and have small wick at the close?
Just digging in the trenches like everyone else!
  • #116,633
  • Jan 30, 2009 10:27am Jan 30, 2009 10:27am
good luck with your shorts everyone prob made some nice pips already from the drop .

4370 could hold up as support though so watch for a bounce
  • #116,634
  • Jan 30, 2009 10:27am Jan 30, 2009 10:27am
Solid daily resistance from Dec 4th at 4464
Quoting eohater
Yeah, I came back with my coffee and about spilled it. SL hunting was going on there, big time. So, I added and now I'm doing fine. I'll TP on the whole position if we don't get thru the 15m 5 though. If she spikes back up, I'll short her again. Might take the long off the 15m 5 should we not clear it with SL below the 15m 10.
  • #116,635
  • Jan 30, 2009 10:29am Jan 30, 2009 10:29am
Quoting Infinity
I entered a small short up there as well...near the weekly 5ema..

lets see how the m15 5ema does...
just closed at 4375 will look to enter again... scalping day...
Patience + Discipline - Greed = Success
  • #116,636
  • Jan 30, 2009 10:30am Jan 30, 2009 10:30am
Quoting PipLand
good luck with your shorts everyone prob made some nice pips already from the drop .

4370 could hold up as support though so watch for a bounce
I knew there would be support there but WOW lol!!
  • #116,637
  • Jan 30, 2009 10:31am Jan 30, 2009 10:31am
Quoting eohater
you see it too don't you. You going to go back long on her if we don't clear it and have small wick at the close?
I'm not going to long ... I may even shut her down now... but that was one hell of a m15 close...!!
Patience + Discipline - Greed = Success
  • #116,638
  • Jan 30, 2009 10:31am Jan 30, 2009 10:31am
this is freaky friday ...
  • #116,639
  • Jan 30, 2009 10:32am Jan 30, 2009 10:32am
Quoting Infinity
just closed at 4375 will look to enter again... scalping day...
Just closed for +5 at 4410 (blended price of my two positions gave me 4415), not liking this right now. Scalp her like the Indiana Chief you are brother! I'll look to enter again later myself. My 4h is about to close in 30m.
Just digging in the trenches like everyone else!
  • #116,640
  • Jan 30, 2009 10:33am Jan 30, 2009 10:33am
Quoting nAVIN2007
this is freaky friday ...
End of month and everything else. Just wait 'til Friday the 13th!!
Just digging in the trenches like everyone else!
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