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Cable Update (GBPUSD)

  • #118,021
  • Feb 4, 2009 12:35pm Feb 4, 2009 12:35pm
Quoting joemiami
i agree she is going sideways and tightening up.....to break where though....that is the question!
Ours not to reason why; ours but to sell and buy .
"The trend is your friend, until the end."
  • #118,022
  • Feb 4, 2009 12:36pm Feb 4, 2009 12:36pm
so i take it with the replies, there are some here that are selling. that's a relief. I was wondering that when the news came out, thought i was the only one ready to sell. thought i was missing something.
anyway, good luck.
Thank You
  • #118,023
  • Feb 4, 2009 12:36pm Feb 4, 2009 12:36pm
Quoting steelhead
You are still wondering? Its simple they dont have a clue how the market works. Lets buy a breakout, lets buy a top and sell into a hole.

Its standard practice for most traders. No matter how many times you tell them they continue to trade at the wrong time and in the wrong place.
How far down do you think it will go before it consolidates
  • #118,024
  • Feb 4, 2009 12:52pm Feb 4, 2009 12:52pm
just back from work.
my 4H closes in 10mins and a nice possible pin bar forming for more down. rate cuts tomorrow too which could mean the bears will be out.
  • #118,025
  • Feb 4, 2009 12:57pm Feb 4, 2009 12:57pm
ok it just happened again, candle closed this time like 20 seconds before the time elapsed. The candle didnt move too much so that candle still shows what it would have been, but this is worrying, i dont know which candles contain incorrect info now.
has no 1 else experienced this before?
  • #118,026
  • Feb 4, 2009 12:57pm Feb 4, 2009 12:57pm
I guess i've made enough pips today. Profit target seems to elude me though. Time to sleep. Good luck all.
  • #118,027
  • Feb 4, 2009 12:59pm Feb 4, 2009 12:59pm
Quoting PipLand
still got your short? Whats your target if you have?
Hi all sorry I was out come back to nice green pips still short from 1.4573
  • #118,028
  • Feb 4, 2009 1:05pm Feb 4, 2009 1:05pm
Quoting sofia101
Hi all sorry I was out come back to nice green pips still short from 1.4573
That was a fun ride for sure.

I'm long from 4445 currently. Not looking for much, just a quick scalp.
Just digging in the trenches like everyone else!
  • #118,029
  • Feb 4, 2009 1:05pm Feb 4, 2009 1:05pm
When you look at the one hour chart, does anyone see a divergence?
  • #118,030
  • Feb 4, 2009 1:07pm Feb 4, 2009 1:07pm
Quoting eohater
That was a fun ride for sure.

I'm long from 4445 currently. Not looking for much, just a quick scalp.
That was a quick +2. Ok. Back down my hole. I'll be looking for a position later on. I might kick myself in the ass for getting out of my shorts from the top.
Just digging in the trenches like everyone else!
  • #118,031
  • Feb 4, 2009 1:08pm Feb 4, 2009 1:08pm
Quoting Mr Green
When you look at the one hour chart, does anyone see a divergence?
Yeah i can spot what you're seeing, i would say that was a divergence .
"The trend is your friend, until the end."
  • #118,032
  • Feb 4, 2009 1:08pm Feb 4, 2009 1:08pm
Quoting Mr Green
When you look at the one hour chart, does anyone see a divergence?

yes... a bearish one
  • #118,033
  • Feb 4, 2009 1:08pm Feb 4, 2009 1:08pm
i'm going long at 4435....
  • #118,034
  • Feb 4, 2009 1:10pm Feb 4, 2009 1:10pm
Quoting eohater
That was a fun ride for sure.

I'm long from 4445 currently. Not looking for much, just a quick scalp.
Ha ha I open one too but I still hold my short position open exactly at 1.445.
  • #118,035
  • Feb 4, 2009 1:11pm Feb 4, 2009 1:11pm
Quoting napster_630
i'm going long at 4435....
Please be careful! I'm not doubting your trade, but we could see 435x area pretty quick. I'll consider another long down there.
Just digging in the trenches like everyone else!
  • #118,036
  • Feb 4, 2009 1:12pm Feb 4, 2009 1:12pm
Quoting sofia101
Ha ha I open one too but I still hold my short position open exactly at 1.445.
lol...I told you earlier I knew I liked you. You trade very similar to myself, Infinity and some others.
Just digging in the trenches like everyone else!
  • #118,037
  • Feb 4, 2009 1:14pm Feb 4, 2009 1:14pm
ForexRookie do u mind checking your alpari data on the close of the last m5 candle please?
Mine reads 1.44359, but it only moved like 0.1 of a pip when it shud hav closed so i dont know..
the low on the one after it shud be 1.44208
  • #118,038
  • Feb 4, 2009 1:18pm Feb 4, 2009 1:18pm
Quoting fry2010
ForexRookie do u mind checking your alpari data on the close of the last m5 candle please?
Mine reads 1.44359, but it only moved like 0.1 of a pip when it shud hav closed so i dont know..
Hey Fry2010, i just had a look at the m5 chart and i have the following closes:

20:05 - 1.44359
20:10 - 1.44327

That's quite strange, i think there is something a bit iffy here.
"The trend is your friend, until the end."
  • #118,039
  • Feb 4, 2009 1:18pm Feb 4, 2009 1:18pm
my trade closed out...stop loss got it
4hr candle looking mighty dangerous for long

400 pips this week
i placed my live account details in the platform and the difference of doing just that brought emotion back..its crazy huh?.....lol
  • #118,040
  • Feb 4, 2009 1:19pm Feb 4, 2009 1:19pm
Quoting nAVIN2007
i trade closed out...stop loss got it
4hr candle looking mighty dangerous for long
Sorry bro! What price did you originally get into your long position at if you don't mind sharing.
Just digging in the trenches like everyone else!
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