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Cable Update (GBPUSD)

  • #121,281
  • Feb 18, 2009 3:43am Feb 18, 2009 3:43am
moving sl to +30. Gonna let it run now. Get in!
Thank You
  • #121,282
  • Feb 18, 2009 3:46am Feb 18, 2009 3:46am
Quoting ottelo
so abuawad is it still possible for the 2nd trgt ...???
Sorry did you missed the closing of 30M below 1.4140 ?
its already activated
  • #121,283
  • Feb 18, 2009 3:47am Feb 18, 2009 3:47am
Chris : yes sir, open since yesterday. Moved the sl to 4235. Safe now regardless. Hope you're making as well mate
Scorpion: Good luck mate.
Thank You
  • #121,284
  • Feb 18, 2009 3:49am Feb 18, 2009 3:49am
(IGM)The [BOE/MPC MINUTES] for the Feb meet show the vote split at 8-1, again, and with Blanchflower voting for...

The [BOE/MPC MINUTES] for the Feb meet show the vote split at 8-1, again, and with Blanchflower voting for a larger 100bp cut as he did in Jan, all as expected. Recall that at the Feb meeting the Bank cut rates by 0.5% to 1%. Details of the minutes show that Blanchflower saw the need to reach lower rates without delay. Perhaps more importantly, the MPC was unanimous (ie 9-0) on seeking govt approval for QE to buy Gilts, saying that this should boost private sector spending both directly and indirectly. Buying commercial paper, corporate bonds should boost the economy by improving liquidity in the markets. The Committee also say that it is unlikely that the CPI target would be met by just cutting interest rates, there may be a point where rate cuts hurt the economy.
  • #121,285
  • Feb 18, 2009 4:02am Feb 18, 2009 4:02am
Abuawad

I got out at 1.4100 with profit
But thought it might bounce back to 1.4134 wanted to get in a short
but didn't.
Oh now its realy going up.
Or is it still in a bear.
  • #121,286
  • Feb 18, 2009 4:04am Feb 18, 2009 4:04am
Abuawad or someone else, could you please explain briefly what the confirmation signal is? I thought as we had achieved the buy point, that was the signal to enter...but it seems that the short was the valid entry.

It might be in a previous post, but it's not in the PDF that I can see.

(and no drama for me, I was doing bare min lot size so I lost all of 8 bucks).

Thanks
  • #121,287
  • Feb 18, 2009 4:04am Feb 18, 2009 4:04am
Quoting Abuawad
1st Sell closed
congrats abuawad..

pop
{Promotion Removed}
  • #121,288
  • Feb 18, 2009 4:11am Feb 18, 2009 4:11am
Quoting wormboy
Chris : yes sir, open since yesterday. Moved the sl to 4235. Safe now regardless. Hope you're making as well mate
Scorpion: Good luck mate.
Thanks, it has broke the line but get above the line again, I hope it will go down again

What do you think..

Goodl luck to you to!!
  • #121,289
  • Feb 18, 2009 4:21am Feb 18, 2009 4:21am
It seems that second Abuawad's trade ended at SL...
  • #121,290
  • Feb 18, 2009 4:23am Feb 18, 2009 4:23am
Quoting Abuawad
Sorry did you missed the closing of 30M below 1.4140 ?
its already activated
and closed at S/L
  • #121,291
  • Feb 18, 2009 4:23am Feb 18, 2009 4:23am
Quoting Julek
It seems that second Abuawad's trade ended at SL...
Nop not yet, 15 M candle have to close above the SL to activate it.
please don't enter the value as it is. you have to close the position manually
  • #121,292
  • Feb 18, 2009 4:24am Feb 18, 2009 4:24am
Wassup everybody? Long time no see.
I leave for a few months, the markets range for a few months. I come back and the trends resume. Coincedence???
Just Trade It
  • #121,293
  • Feb 18, 2009 4:24am Feb 18, 2009 4:24am
Quoting Abuawad
Nop not yet, 15 M candle have to close above the SL to activate it.
please don't enter the value as it is. you have to close the position manually

ah! see... bit to late
  • #121,294
  • Feb 18, 2009 4:25am Feb 18, 2009 4:25am
Quoting fifo
ah! see... bit to late
there are a fibo van around this area, hope will back down before closing of the 15M
  • #121,295
  • Feb 18, 2009 4:30am Feb 18, 2009 4:30am
Quoting Abuawad
there are a fibo van around this area, hope will back down before closing of the 15M
nope
  • #121,296
  • Feb 18, 2009 4:31am Feb 18, 2009 4:31am
hit my stop loss too
  • #121,297
  • Feb 18, 2009 4:32am Feb 18, 2009 4:32am
Quoting fifo
nope
from 1.4985 to 1.4137
  • #121,298
  • Feb 18, 2009 4:34am Feb 18, 2009 4:34am
Quoting Abuawad
from 1.4985 to 1.4137
you mean 1.4185

edit: ok - understand... fibo fan
  • #121,299
  • Feb 18, 2009 4:34am Feb 18, 2009 4:34am
Quoting Abuawad
from 1.4985 to 1.4137
this 15M candle have to close below 1.4178 or i'm closing my position.
  • #121,300
  • Feb 18, 2009 4:35am Feb 18, 2009 4:35am
Quoting fifo
you mean 1.4185
No i keep the history data specially if it was strong.
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