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Cable Update (GBPUSD)

  • #117,961
  • Feb 4, 2009 10:47am Feb 4, 2009 10:47am
damn ...this doesnt look good for me target this is looking very dangerous now.
  • #117,962
  • Feb 4, 2009 10:49am Feb 4, 2009 10:49am
Quoting steelhead
This is for you Pipland just so i cant be questioned about why i didnt say it earlier again.


Traders that long the break of 1.4500 ARE CLOWNS

This was said well in advance if it gets up there. Don't and I repeat dont buy a break of that area.


Other line is where i might consider buys.


Peace out
Yup Yup... u where right steelhead, just like u said and it happens.. Good Call
  • #117,963
  • Feb 4, 2009 10:49am Feb 4, 2009 10:49am
daffy : the price came off the 4hr sma. i took it at 4560. sofia beat me to it tho . gonna move sl now to +10 and hold.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.JPG Size: 107 KB
Thank You
  • #117,964
  • Feb 4, 2009 10:50am Feb 4, 2009 10:50am
yeah that steep TL on 15m has been broken, we should really go back to test it, about 490/500 and then hopefully down (for me).
  • #117,965
  • Feb 4, 2009 10:51am Feb 4, 2009 10:51am
Quoting wormboy
daffy : the price came off the 4hr sma. i took it at 4560. sofia beat me to it tho . gonna move sl now to +10 and hold.
Thanks for replying wormboy. May I ask the length of the sma you are using on your chart?
  • #117,966
  • Feb 4, 2009 10:53am Feb 4, 2009 10:53am
Quoting onsfx
Yup Yup... u where right steelhead, just like u said and it happens.. Good Call

I dont think so, traders who took the long off the 4500 break had 75 pips in profit..........
  • #117,967
  • Feb 4, 2009 10:53am Feb 4, 2009 10:53am
All of us on the short bus, get ready for a bounce here around 444x -442x area
Just digging in the trenches like everyone else!
  • #117,968
  • Feb 4, 2009 10:53am Feb 4, 2009 10:53am
Hope you guys were not caught in the short covering rally. Never trust the breakout..
  • #117,969
  • Feb 4, 2009 10:55am Feb 4, 2009 10:55am
Quoting AmeriTrini
I dont think so, traders who took the long off the 4500 break had 75 pips in profit..........
I agree, I took the break and the short. She had broken out of her range which is why I took the break, not because she broke 4500. My long price was at 4461 TP at 4560 and went short back at 4560. The 15m chart shows the breakout on the range and retest to confirm the move very clearly.
Just digging in the trenches like everyone else!
  • #117,970
  • Feb 4, 2009 10:56am Feb 4, 2009 10:56am
daffy : sorry, forgot to mention it mate, 70 & 200 sma.
Thank You
  • #117,971
  • Feb 4, 2009 10:57am Feb 4, 2009 10:57am
Quoting Ipips
Hope you guys were not caught in the short covering rally. Never trust the breakout..
these things happen to shake the people who dont know whats happening...
  • #117,972
  • Feb 4, 2009 10:57am Feb 4, 2009 10:57am
Quoting eohater
All of us on the short bus, get ready for a bounce here around 444x -442x area
Excellent call.
Took the short bus. Alighted, now in the long bus. In the money already..
  • #117,973
  • Feb 4, 2009 10:59am Feb 4, 2009 10:59am
Quoting nAVIN2007
these things happen to shake the people who dont know whats happening...
I take it that you're still on the long side. Well, I really don't know what's happening. Just using short term technicals in and out.. For now I'm long..
  • #117,974
  • Feb 4, 2009 11:00am Feb 4, 2009 11:00am
Quoting AmeriTrini
I dont think so, traders who took the long off the 4500 break had 75 pips in profit..........
  • #117,975
  • Feb 4, 2009 11:00am Feb 4, 2009 11:00am
Do we have Double top and forming pin in 4H?
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.jpg Size: 85 KB
  • #117,976
  • Feb 4, 2009 11:01am Feb 4, 2009 11:01am
Quoting Ipips
Excellent call.
Took the short bus. Alighted, now in the long bus. In the money already..
Becareful here! I recommend you get your position covered. I'm flat now ATM, my daily quota has been hit and well exceeded and I'll reassess later for a new position.
Just digging in the trenches like everyone else!
  • #117,977
  • Feb 4, 2009 11:03am Feb 4, 2009 11:03am
Nice pin bar on the 15M. Still holding my long from earlier and hoping to get out alive....
Prices are never too high to begin buying or too low to begin selling.
  • #117,978
  • Feb 4, 2009 11:03am Feb 4, 2009 11:03am
Bullish candle on the 10 min chart. We will have some more upside.
  • #117,979
  • Feb 4, 2009 11:04am Feb 4, 2009 11:04am
Quoting thehenryfam
Nice pin bar on the 15M. Still holding my long from earlier and hoping to get out alive....

i got stopped out on my long from 4510....i hate trading
  • #117,980
  • Feb 4, 2009 11:05am Feb 4, 2009 11:05am
Quoting Ipips
I take it that you're still on the long side. Well, I really don't know what's happening. Just using short term technicals in and out.. For now I'm long..
i added to it..it tested a support and bounced
Attached Image (click to enlarge)
Click to Enlarge Name: cable30mr.gif Size: 27 KB
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