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Cable Update (GBPUSD)

  • #117,221
  • Feb 3, 2009 2:14am Feb 3, 2009 2:14am
Quoting golatigo
that was wild - 60 pips candle on the 15 - makes ya wonder
almost jumped back on the short bus again above 4250 - no guts

still at the bus stop - bus fare in pocket
I'm adding to my shorts at the close of this 15m candle with SL at 4282
Just digging in the trenches like everyone else!
  • #117,222
  • Feb 3, 2009 2:16am Feb 3, 2009 2:16am
Quoting alfamichi
i hardly trade 15min chat..but i tried it yesterday..it seems to be working more than the 1hr chat.

eohater are you there?
I'm here! About ready to hit the sack, but want to see if my shorts get taken out. My SL might be too tight along with the 1h 50sma sitting at 4292, so I'll move my SL to 4305.
Just digging in the trenches like everyone else!
  • #117,223
  • Feb 3, 2009 2:19am Feb 3, 2009 2:19am
Quoting eohater
I'm here! About ready to hit the sack, but want to see if my shorts get taken out. My SL might be too tight along with the 1h 50sma sitting at 4292, so I'll move my SL to 4305.
i am short @ 1.4265..hope is comes our way
  • #117,224
  • Feb 3, 2009 2:20am Feb 3, 2009 2:20am
Quoting eohater
I'm adding to my shorts at the close of this 15m candle with SL at 4282
could you explain why 1.4282? i can see that a previous pullback was to 1.4268, but pullbacks prior to that were all to 1.4290 level.
  • #117,225
  • Feb 3, 2009 2:21am Feb 3, 2009 2:21am
Quoting alfamichi
i am short @ 1.4265..hope is comes our way
No hope needed! Either we will win or be taken out with our SL and go at it on a new ride.
Just digging in the trenches like everyone else!
  • #117,226
  • Feb 3, 2009 2:23am Feb 3, 2009 2:23am
Quoting laromanell
could you explain why 1.4282? i can see that a previous pullback was to 1.4268, but pullbacks prior to that were all to 1.4290 level.
4282 is 30 pips higher than the 15m candle that closed through the 15m 50ema/35sma. Usually, if she goes past 30 pips of that candle, she's continuing on for a haul. Just like now, I want to see her get back under the 15m 50ema/35sma ASAP to support my short movement.
Just digging in the trenches like everyone else!
  • #117,227
  • Feb 3, 2009 2:24am Feb 3, 2009 2:24am
Quoting eohater
4282 is 30 pips higher than the 15m candle that closed through the 15m 50ema/35sma. Usually, if she goes past 30 pips of that candle, she's continuing on for a haul. Just like now, I want to see her get back under the 15m 50ema/35sma ASAP to support my short movement.
thanks
  • #117,228
  • Feb 3, 2009 2:24am Feb 3, 2009 2:24am
Quoting eohater
I'm here! About ready to hit the sack, but want to see if my shorts get taken out. My SL might be too tight along with the 1h 50sma sitting at 4292, so I'll move my SL to 4305.
So MM and BB may help you push G/U to 1.4305 They often go opposite to the crowd
Give me patience
  • #117,229
  • Feb 3, 2009 2:24am Feb 3, 2009 2:24am
Quoting eohater
No hope needed! Either we will win or be taken out with our SL and go at it on a new ride.

i left with 24 pips
  • #117,230
  • Feb 3, 2009 2:26am Feb 3, 2009 2:26am
Quoting alfamichi
i left with 24 pips
No one went broke taking profit! Good job!
Just digging in the trenches like everyone else!
  • #117,231
  • Feb 3, 2009 2:30am Feb 3, 2009 2:30am
Quoting eohater
No one went broke taking profit! Good job!
btw it bounced off from the 200sma on the 30min chart for the second time
  • #117,232
  • Feb 3, 2009 2:30am Feb 3, 2009 2:30am
Quoting eohater
No one went broke taking profit! Good job!
thanks bross
  • #117,233
  • Feb 3, 2009 2:33am Feb 3, 2009 2:33am
Quoting eohater
No one went broke taking profit! Good job!
scalped 22 from 4270
doing better scalpin today
i guess what ever works
  • #117,234
  • Feb 3, 2009 2:34am Feb 3, 2009 2:34am
Quoting laromanell
btw it bounced off from the 200sma on the 30min chart for the second time
I like the last 30m candle closed. My SL is in the green, it's not a loss for me. If I get taken out, it will be a disappointment for me, because I saw that she would turn up, would have taken the trade if I wasn't in one, but figured she wouldn't get this high. I was thinking she would only pullback to 4230 and didn't feel it was worth taking out my current position to run her back for only 50 pips, well, that 50 pips turned out to have been over 90 pips in 20 min.
Just digging in the trenches like everyone else!
  • #117,235
  • Feb 3, 2009 2:35am Feb 3, 2009 2:35am
Quoting golatigo
scalped 22 from 4270
doing better scalpin today
i guess what ever works
Sometimes my best days are scalping.
Just digging in the trenches like everyone else!
  • #117,236
  • Feb 3, 2009 2:46am Feb 3, 2009 2:46am
Quoting eohater
Sometimes my best days are scalping.
Positive Pips - that's all that counts
Now the question is - will it bounce on 4270 again?
I'm thinkin about it
  • #117,237
  • Feb 3, 2009 2:46am Feb 3, 2009 2:46am
3february 2009 (tuesday)

4.40pm

1m=UT
5m-UT
15m=UT
30m=DT(weak)

GU#12
LONG PO at 14235
{Promotion Removed}
  • #117,238
  • Feb 3, 2009 2:50am Feb 3, 2009 2:50am
British Pound Falls for Second Consecutive Day Against Dollar and Euro The pound fell for a second day against the dollar and the euro.

Money Markets Show Return of Last Year's Dollar Shortage, ABN Amro Says Money markets are showing the same shortage of dollars that drove the U.S. currency’s gains in September through November, ABN Amro Holding NV said.

some news for reference. Market is choppy now
Give me patience
  • #117,239
  • Feb 3, 2009 2:53am Feb 3, 2009 2:53am
Quoting golatigo
Positive Pips - that's all that counts
Now the question is - will it bounce on 4270 again?
I'm thinkin about it
finger was on the trigger, but didn't get to 4270
now what
  • #117,240
  • Feb 3, 2009 2:53am Feb 3, 2009 2:53am
Tweezers forming on the 30 Min. at the DTL. She may be ready for another fall. Daily and 4 Hr are down.

Jim
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