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Cable Update (GBPUSD)

  • #119,621
  • Feb 10, 2009 12:47pm Feb 10, 2009 12:47pm
broken trend


h4,daily...
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  • #119,622
  • Feb 10, 2009 12:55pm Feb 10, 2009 12:55pm
Also went long at 1.4700 around 11am but this one turn out against me for a loss of 50 pips(thats is the stop I usually use for this pair) leaves me 130 pips for the day. If I see a good oportunity tonight for Aud/Usd will post. Good luck.
Quoting zazafamily
This morning about 2am I made a call and woke up at around 9 am to a 180 pips prifit ... not bad!! My trades are about 80% winners no joke. I have been away from FF for a while but now I am back with some killer strategies. I will share them here for about a month. Good trading to all !!!
Whatever you do, just keep doing it in a dicipline manner.
  • #119,623
  • Feb 10, 2009 12:56pm Feb 10, 2009 12:56pm
i am getting ready to try another long...looking for the bounce off a buck forty-five area!
  • #119,624
  • Feb 10, 2009 12:58pm Feb 10, 2009 12:58pm
Quoting nedooo
broken trend


h4,daily...
Actually - it just got back inside the downward trendlines on the 4hr
that started in oct 08 - look at my chart above

Would like to see some retrace before jumping on the short bus
don't like try to catch a falling rock
kicking myself even more for missing this
  • #119,625
  • Feb 10, 2009 1:01pm Feb 10, 2009 1:01pm
Quoting FireFx
We have a lot in common Sofia I trade the exact same way as you. I am still in my short.
I am glad feel free to post your trades
  • #119,626
  • Feb 10, 2009 1:01pm Feb 10, 2009 1:01pm
Quoting golatigo
both 4hr and 1hr look bearish to me
may go short if a better entry presents itself
if this breaks below 4700 - possible 200 pips down to 4500
What i posted at 5:11am pst
Then went to sleep - damn

OH Well, more trades around the corner
  • #119,627
  • Feb 10, 2009 1:06pm Feb 10, 2009 1:06pm
Quoting golatigo
Actually - it just got back inside the downward trendlines on the 4hr
that started in oct 08 - look at my chart above

Would like to see some retrace before jumping on the short bus
don't like try to catch a falling rock
kicking myself even more for missing this
It's always un other trade around the corner
  • #119,628
  • Feb 10, 2009 1:08pm Feb 10, 2009 1:08pm
Quoting golatigo
What i posted at 5:11am pst
Then went to sleep - damn

OH Well, more trades around the corner
Greetings cloud enveloped Washingtonian !

Got back from UK to 300 days sunny Wenatchee yesterday. Woke up 1am pacific like it was 9am UK. looked at ceiling for 3 hours - got hungry as it was now noon UK

I should have done some trading but jet lagged trading is against my rules !

Report from UK - house prices have gone UP since I left in 2007 - they are not selling, but the stats are all about repo sales and the real majority of sellers are holding out and not selling low

export firms are laughing their socks off
  • #119,629
  • Feb 10, 2009 1:12pm Feb 10, 2009 1:12pm
Will bounce at the 4420 and retrace to 4620. Then slower leg down. I stay put for now - risk reward not attractive for last swing down.
  • #119,630
  • Feb 10, 2009 1:19pm Feb 10, 2009 1:19pm
Bye all I'll be back tonight,good luck
  • #119,631
  • Feb 10, 2009 1:20pm Feb 10, 2009 1:20pm
Quoting sofia101
Bye all I'll be back tonight,good luck

Enjoy your afternoon and see you back here tonight.

Thanks
  • #119,632
  • Feb 10, 2009 1:27pm Feb 10, 2009 1:27pm
Quoting allserene
Greetings cloud enveloped Washingtonian !

Got back from UK to 300 days sunny Wenatchee yesterday. Woke up 1am pacific like it was 9am UK. looked at ceiling for 3 hours - got hungry as it was now noon UK

I should have done some trading but jet lagged trading is against my rules !

Report from UK - house prices have gone UP since I left in 2007 - they are not selling, but the stats are all about repo sales and the real majority of sellers are holding out and not selling low

export firms are laughing their socks off
welcome back Al...i missed your banter
  • #119,633
  • Feb 10, 2009 1:34pm Feb 10, 2009 1:34pm
Quoting Shilva
i am getting ready to try another long...looking for the bounce off a buck forty-five area!
Gave up on looking for this long entry!

To late in the session..
  • #119,634
  • Feb 10, 2009 1:58pm Feb 10, 2009 1:58pm
The battle for 14500 seems to be in full force. Will it be support or resistance? Only time will tell and the markets are beginning to slow down from their earlier wild ride.
  • #119,635
  • Feb 10, 2009 2:08pm Feb 10, 2009 2:08pm
Still holding my short position & counting on another freefall tomorrow.
Gnite guys & green pips to all
Thank You
  • #119,636
  • Edited 2:25pm Feb 10, 2009 2:09pm | Edited 2:25pm
Quoting SmoothTrader
The battle for 14500 seems to be in full force. Will it be support or resistance? Only time will tell and the markets are beginning to slow down from their earlier wild ride.
We had the similar fighting for 4600 level, but Bernanke started - and wow! Another ride down. But I do not see anybody else for today show. It may happen we can feel the bottom here.

But may be not, because we are still in a down channel
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  • #119,637
  • Feb 10, 2009 2:25pm Feb 10, 2009 2:25pm
Cable drop more than 400 pips from the opining till now WOW
  • #119,638
  • Feb 10, 2009 2:38pm Feb 10, 2009 2:38pm
Quoting Abuawad
Cable drop more than 400 pips from the opining till now WOW
so whtz do you think... agreed to drop down to 1.43xx..?
The Ottelo way's find the mutual system to wins
  • #119,639
  • Feb 10, 2009 2:39pm Feb 10, 2009 2:39pm
Quoting ottelo
so whtz do you think... agreed to drop down to 1.43xx..?
Well i can't confirm till now. but i can see 1.4331 & 1.4215
  • #119,640
  • Feb 10, 2009 2:39pm Feb 10, 2009 2:39pm
i am trying a Long from 1.4467 sl 1pip below LL at 1.4553 (fxcm)
target:
1h 200 ema at 4570 (target around 1.4550)
or
50% of current fall around at 4640 (target around 4620)
will see
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