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Cable Update (GBPUSD)

  • #119,901
  • Feb 11, 2009 8:55pm Feb 11, 2009 8:55pm
Quoting learntowin
Placed a pending buy at 1.4290

Is is OK ?

Tks
That's right under support, if support is broken it could fall and fall fast, then again it could be a fake break and you could make out nicely.

Risky though, good luck.
  • #119,902
  • Feb 11, 2009 9:07pm Feb 11, 2009 9:07pm
Tks,

But i think it will rebounce when touching that point

Certainly, I placed S/L at 1.4250
  • #119,903
  • Feb 11, 2009 9:08pm Feb 11, 2009 9:08pm
Quoting learntowin
Placed a pending buy at 1.4290

Is is OK ?

Tks
I don't know, it is ok or not? But I just want to give to you some ideal I thought. Yesterday, BOE give some signal they want sterling weaken some, so after news come out GBP drop nearly 200 pips. So today, I'm still think it will drop more, maybe to 1.410....
That's just what I thinking, you know nothing can't happen in forex.
The market is always right, but it is not never wrong!!!
  • #119,904
  • Feb 11, 2009 9:12pm Feb 11, 2009 9:12pm
We' re range bound, but my bias is still short for today.

GU - Short @ 1.4373 @ 05:00 gmt

M&M
  • #119,905
  • Feb 11, 2009 9:13pm Feb 11, 2009 9:13pm
Tks,

But i think 1.4290 is good enough for Buying at the moment

And I have a rather loose S/L at 1.4250

Maybe it will be Safe enough

Still wait and watch
  • #119,906
  • Feb 11, 2009 9:16pm Feb 11, 2009 9:16pm
That 's the T/P of Abuawad 's target

So I think it will rebounce at that point

Cos He certainly has his reason to set the T/P at 1.4290
  • #119,907
  • Feb 11, 2009 9:19pm Feb 11, 2009 9:19pm
Quoting Fx1618
We' re range bound, but my bias is still short for today.

GU - Short @ 1.4373 @ 05:00 gmt

M&M
Me too, and now sit and wait for a short run.
The market is always right, but it is not never wrong!!!
  • #119,908
  • Feb 11, 2009 9:24pm Feb 11, 2009 9:24pm
Quoting Fx1618
We' re range bound, but my bias is still short for today.

GU - Short @ 1.4373 @ 05:00 gmt

M&M
Short as well, 1.4365, SL 1.4415 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #119,909
  • Feb 11, 2009 9:25pm Feb 11, 2009 9:25pm
Now lets see how it will rebounce at 1.4290

Maybe i am wrong, but hope not
  • #119,910
  • Edited 10:18pm Feb 11, 2009 10:08pm | Edited 10:18pm
Quoting manize
Short as well, 1.4365, SL 1.4415 !
New H1 didn't confirmized to go down yet. I close + 3pips. Look previous M15 closed above ema10 again. Wait for next 1 hour again. Might be regret, but more better play safe. However my bias still go south !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #119,911
  • Feb 11, 2009 10:20pm Feb 11, 2009 10:20pm
15 tf is in a up channel, next upband around 1.4425/9-middle band 1.4385, downband 1.4357 for now, any lower high from 1.4412 will confirm downntrend resume...
  • #119,912
  • Feb 11, 2009 10:36pm Feb 11, 2009 10:36pm
Going to test my Buy 1.4290, S/L 1.4250
  • #119,913
  • Feb 11, 2009 10:40pm Feb 11, 2009 10:40pm
my pivot is 1.4407, and she havent closed above it. will she still down today?
my target is 1.41xx.
  • #119,914
  • Feb 11, 2009 10:46pm Feb 11, 2009 10:46pm
Still waiting to see if it can rebounce form buy Buy 1.4290

My S/L is rather loose 1.4250

So i think it will be safe

Then it may go north again
  • #119,915
  • Feb 11, 2009 10:48pm Feb 11, 2009 10:48pm
Quoting learntowin
Still waiting to see if it can rebounce form buy Buy 1.4290

My S/L is rather loose 1.4250

So i think it will be safe

Then it may go north again
50 pip stop loss on cable is not very loose... Ill take a long at 4257 if we get there. stop loss 4222
Going to make it big by age 21.
  • #119,916
  • Feb 11, 2009 10:54pm Feb 11, 2009 10:54pm
my pointing today for short at 1.4475 and long from 1.4200.
The Ottelo way's find the mutual system to wins
  • #119,917
  • Feb 11, 2009 10:59pm Feb 11, 2009 10:59pm
Quoting dstryr
50 pip stop loss on cable is not very loose... Ill take a long at 4257 if we get there. stop loss 4222
Yup. I think for today it will bounce up to 1.4500 and then short to 1.4230
  • #119,918
  • Feb 11, 2009 10:59pm Feb 11, 2009 10:59pm
Tks,

Abuawad 's S/L is 20p, mine is 50p

And i only wait to see if 1.4290 of Abuawad is the safe point to rebounce or not

Wait and watch
  • #119,919
  • Feb 11, 2009 11:02pm Feb 11, 2009 11:02pm
Quoting learntowin
Tks,

Abuawad 's S/L is 20p, mine is 50p

And i only wait to see if 1.4290 of Abuawad is the safe point to rebounce or not

Wait and watch
Support line for today is 1.4280. If I were you I put up s/l at 1.4240.
  • #119,920
  • Feb 11, 2009 11:07pm Feb 11, 2009 11:07pm
Tks

So S/L 1.4240, 10p more for more safety
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