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Cable Update (GBPUSD)

  • #117,081
  • Feb 2, 2009 12:13pm Feb 2, 2009 12:13pm
its been playing around with these fibs so much I think 1.437 for next target perhaps.
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  • #117,082
  • Feb 2, 2009 12:32pm Feb 2, 2009 12:32pm
Quoting ntoller
its been playing around with these fibs so much I think 1.437 for next target perhaps.
oops... looks like it has broken thru one of the supports....
  • #117,083
  • Feb 2, 2009 1:01pm Feb 2, 2009 1:01pm
Quoting blurrcow
oops... looks like it has broken thru one of the supports....
why is it going down ??
  • #117,084
  • Feb 2, 2009 1:19pm Feb 2, 2009 1:19pm
Wel, I'm a total newbie but I have seen this pair is either going up or down!
  • #117,085
  • Feb 2, 2009 1:28pm Feb 2, 2009 1:28pm
Quoting vinesh
Wel, I'm a total newbie but I have seen this pair is either going up or down!

You are 100% right either up or down
  • #117,086
  • Feb 2, 2009 1:31pm Feb 2, 2009 1:31pm
Quoting hussin naiji
H&S ?
your chart is mistake
Isnt it a reverse H&S???? Or I am mistaken. It looks very like it is.
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  • #117,087
  • Feb 2, 2009 2:01pm Feb 2, 2009 2:01pm
Hanging man on the 15 minute chart
"The trend is your friend, until the end."
  • #117,088
  • Feb 2, 2009 2:02pm Feb 2, 2009 2:02pm
All my longs are closed and I'm short from 4274. Let's see if this plays out.
Just digging in the trenches like everyone else!
  • #117,089
  • Feb 2, 2009 2:04pm Feb 2, 2009 2:04pm
Quoting eohater
All my longs are closed and I'm short from 4274. Let's see if this plays out.
Pending order sitting at 1.4275. What is your TP target eo?
"The trend is your friend, until the end."
  • #117,090
  • Feb 2, 2009 2:07pm Feb 2, 2009 2:07pm
Quoting eohater
All my longs are closed and I'm short from 4274. Let's see if this plays out.
where is yer stop ehoter???
  • #117,091
  • Feb 2, 2009 2:11pm Feb 2, 2009 2:11pm
Quoting ForexRookie
Pending order sitting at 1.4275. What is your TP target eo?
I will take half off at 4240, set the rest at +2, get through the 15m 50ema and 35sma and add on pullbacks that confirm the 50ema and 35sma wil hold her down. I have a trendline on the 1h I'm playing this off of btw. Being this late in the day, I'm not looking for big profit, but I might hold this into the Asian Session and further as long as my SL doesn't get taken out. SL currently is at 4305.
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Just digging in the trenches like everyone else!
  • #117,092
  • Feb 2, 2009 2:18pm Feb 2, 2009 2:18pm
Quoting eohater
All my longs are closed and I'm short from 4274. Let's see if this plays out.
I'm looking for a reversal too. Only trouble is that (on the hourly) it's very far from the edge of the 20BB.
I think that resistance is okay, but i'm not sure about reversal.
  • #117,093
  • Feb 2, 2009 2:19pm Feb 2, 2009 2:19pm
Quoting eohater
All my longs are closed and I'm short from 4274. Let's see if this plays out.
I am short at 4264 looking at that same TL
  • #117,094
  • Feb 2, 2009 2:22pm Feb 2, 2009 2:22pm
Quoting Shilva
I am short at 4264 looking at that same TL


I wouldn't say I'm looking for a reversal. Hell, she's been red since she opened. The last 200 pips up was just a pullback in my opinion. I already rode that, now time for the otherside. Unfortunately, I missed all the downward pips from the opening. I grabbed 20 quick ones last night when she first closed through the 15m 50ema and went back up, but I didn't reverse and go with her because I had to give the kids a bath.
Just digging in the trenches like everyone else!
  • #117,095
  • Feb 2, 2009 2:23pm Feb 2, 2009 2:23pm
Infinity, my brother, you been on the road all day?
Just digging in the trenches like everyone else!
  • #117,096
  • Feb 2, 2009 2:33pm Feb 2, 2009 2:33pm
Quoting eohater


I wouldn't say I'm looking for a reversal. Hell, she's been red since she opened. The last 200 pips up was just a pullback in my opinion. I already rode that, now time for the otherside. Unfortunately, I missed all the downward pips from the opening. I grabbed 20 quick ones last night when she first closed through the 15m 50ema and went back up, but I didn't reverse and go with her because I had to give the kids a bath.
Superbowl party got in the way of setting my short for the fall overnight. Road her back up also this morn and reversed when 4300 held. Lot of support to get through before i add any more shorts.
  • #117,097
  • Feb 2, 2009 2:38pm Feb 2, 2009 2:38pm
Quoting Shilva
Superbowl party got in the way of setting my short for the fall overnight. Road her back up also this morn and reversed when 4300 held. Lot of support to get through before i add any more shorts.
Good trading! I agree, we have alot of support to get through. On the other side of the road, I still see 4850 in our possible future.

Hell of a game I'd say! I didn't have a party, but I did watch it.
Just digging in the trenches like everyone else!
  • #117,098
  • Feb 2, 2009 2:53pm Feb 2, 2009 2:53pm
Talking head on cnbc just said dollar index was poised to go up to around 95.

That will be a long term high!
  • #117,099
  • Feb 2, 2009 2:55pm Feb 2, 2009 2:55pm
Quoting eohater
Infinity, my brother, you been on the road all day?
Most of it bro! I still managed some good pips between last night and now though! Great trading today as usual bro!
Patience + Discipline - Greed = Success
  • #117,100
  • Feb 2, 2009 3:00pm Feb 2, 2009 3:00pm
Quoting Infinity
Most of it bro! I still managed some good pips between last night and now though! Great trading today as usual bro!
Glad you got yours bro! It was all good until this current position I took. Seems it's going to take a shit on me. Oh well, it was a small position with a reasonable SL. I've not been taken out yet, but it's not looking favorable.

How does your last 4h candle look?
Just digging in the trenches like everyone else!
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