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Cable Update (GBPUSD)

  • #118,181
  • Feb 4, 2009 11:53pm Feb 4, 2009 11:53pm
Quoting eohater
That's a nice trade there! Good job!

But the bigger question, do you understand why you took it?
When she failed at the 1.4577 resistance level and the fact that she had not broken the 4h trend line looked like a revesal was in place, I will admit I did not expect it to drop so much
  • #118,182
  • Feb 4, 2009 11:53pm Feb 4, 2009 11:53pm
Quoting dstryr
Im looking for 4413 first then 4294 for today. If we fall below 4294 it will be a nice fall =D. Short since 4564
thanks mate

pop
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  • #118,183
  • Feb 5, 2009 12:03am Feb 5, 2009 12:03am
I would be looking for a pulldown to 1.436x level, my chart has two support lines at this level, as well as two ma's right above it. Then I would expect a nice spike up over the yesterday's high, last daily candle's uncertainty might contribute to it.
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  • #118,184
  • Feb 5, 2009 12:13am Feb 5, 2009 12:13am
Quoting dstryr
Im looking for 4413 first then 4294 for today. If we fall below 4294 it will be a nice fall =D. Short since 4564
my indi..
from 1m-30m = UT
1h=DT(weaken)

im looking for possible LONG ..

let see..

pop
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  • #118,185
  • Feb 5, 2009 12:21am Feb 5, 2009 12:21am
one more thing, really nice MACD divergence. anyway I would be looking for a pullback first to go long.
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  • #118,186
  • Feb 5, 2009 12:47am Feb 5, 2009 12:47am
where its ????
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  • #118,187
  • Feb 5, 2009 12:56am Feb 5, 2009 12:56am
Quoting suprafx
where its ????

Can you post a template of your chart with also the indicators?

Thnx
  • #118,188
  • Feb 5, 2009 12:57am Feb 5, 2009 12:57am
Quoting davids
I just read this online

Bailed-out Royal Bank of Scotland bankers set for millions in bonuses

http://business.timesonline.co.uk/to...MC-Bltn=QLB16A

This must be some kind of joke
"The bank, now 68 per cent owned by the Government"

When the gouv back your debt, you can land money to alot of your friends!...
  • #118,189
  • Feb 5, 2009 1:01am Feb 5, 2009 1:01am
Quoting eohater
No offense at all taken my friend! I would have loved to have been actively trading her. I was more referring to my decision to not open a trade on the new daily candle and let her run for 100 pips unmanaged.

Since my last post though, I've grabbed 40 off of her. Back on the sides.

I did good in the last US Session, I took 200+ off of her and 100+ in the prior Asian session. So, I'm over quota for the week and now it's onto the bonus round.

How about yourself? You still on goal for the week? I know todays editing took you away, but since...
Have not completly made up from what i missed this morning, but i am sitting on a long eur/usd from 2805 - should keep going to 2900ish
As for the week i'm a little over 300 - about where i should be - weekly target is 500 or 100 per day.

Think gbp should head up and test 4500+ again before heading down
at least that what i antisipate - scalped some earlier, waiting for to drop a bit and then get back on the long bus

What about you? Got a plan?
  • #118,190
  • Feb 5, 2009 1:14am Feb 5, 2009 1:14am
any one joining long off the 62 ema?
Keep It Simple Stupid
  • #118,191
  • Feb 5, 2009 1:15am Feb 5, 2009 1:15am
Quoting Alastair
any one joining long off the 62 ema?
I sure did
  • #118,192
  • Feb 5, 2009 1:18am Feb 5, 2009 1:18am
Quoting laromanell
I sure did
what was your entry?
What is your s/l?
Keep It Simple Stupid
  • #118,193
  • Feb 5, 2009 1:20am Feb 5, 2009 1:20am
I entered right at 1.4370 with sl @ 1.4336
  • #118,194
  • Feb 5, 2009 1:22am Feb 5, 2009 1:22am
we had a channel over 15 minTF since last hours of usa session screaming short, and there we go.
just catched 56 pips on this 1.618 extension of last move...

now its screaming long.... but its counter trend move.
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  • #118,195
  • Feb 5, 2009 1:23am Feb 5, 2009 1:23am
Quoting Alastair
what was your entry?
What is your s/l?
i'm long 1.4370 tp and sl set manually but looking sl to BE tp 1.45 but look how PA do..
wish me luck!
  • #118,196
  • Feb 5, 2009 1:25am Feb 5, 2009 1:25am
Quoting nangro
i'm long 1.4370 tp and sl set manually but looking sl to BE tp 1.45 but look how PA do..
was waiting for that long for last couple hours...and will target 1.45xx with gradually locking my profit
  • #118,197
  • Feb 5, 2009 1:30am Feb 5, 2009 1:30am
Quoting laromanell
I entered right at 1.4370 with sl @ 1.4336
we enter on exact price my friend 1.4370! what's your tp? i see we're still on bullish trend and 1.45 is critical price if it not broken maybe fall but we'll see where she's heading..
wish me luck!
  • #118,198
  • Feb 5, 2009 1:35am Feb 5, 2009 1:35am
Quoting Alastair
any one joining long off the 62 ema?
im out my long and short again.
Keep It Simple Stupid
  • #118,199
  • Feb 5, 2009 1:36am Feb 5, 2009 1:36am
i dont know if its been mentioned but yet again we have heavy snow here in uk, so schools closed people not getting to work. I dont know how the weather effects it tho?
  • #118,200
  • Feb 5, 2009 1:42am Feb 5, 2009 1:42am
out +30 pips
wish me luck!
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