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Cable Update (GBPUSD)

  • #121,941
  • Edited 11:27am Feb 19, 2009 11:07am | Edited 11:27am
Quoting PipLand
Me neither but theres hope yet. 4300 may have turned into support now and EU looks to have hit a little bit of support too.

And as I wrote all hope is lost
On the way down we have a 15 min 200ema and a 4 hour 21 ema. That's about unless we run into some support around 4215/30. Below 4275 we're bearish for today. Hourly 55ema as well.
  • #121,942
  • Feb 19, 2009 11:08am Feb 19, 2009 11:08am
I just woke up and got my green pips ,I read the tread I am glad I was sleeping
  • #121,943
  • Feb 19, 2009 11:08am Feb 19, 2009 11:08am
Quoting eohater
Did everyone forget about this?
Nope =)
  • #121,944
  • Feb 19, 2009 11:09am Feb 19, 2009 11:09am
Quoting sofia101
I just woke up and got my green pips ,I read the tread I am glad I was sleeping
Sofia it was a scary ride...
  • #121,945
  • Feb 19, 2009 11:10am Feb 19, 2009 11:10am
Quoting jack.canadia
Nope =)
The ride to 4350 was sweet bro! I don't know if you got back in or not, but it was nice. I unfortunatley was asleep so I couldn't manage the trade to the top.
Just digging in the trenches like everyone else!
  • #121,946
  • Feb 19, 2009 11:11am Feb 19, 2009 11:11am
You all can visit the method description on my blog
also on youtube : http://www.youtube.com/view_play_lis...FD14B2AACA1C5F
  • #121,947
  • Feb 19, 2009 11:11am Feb 19, 2009 11:11am
Quoting jack.canadia
Sofia it was a scary ride...
I can see that real scary .I will stay on the sideline
  • #121,948
  • Feb 19, 2009 11:16am Feb 19, 2009 11:16am
Quoting eohater
Did everyone forget about this?
Nope havent forgotten, it's one of the reasons Im not gonna try a long again from here now, think im done for the day
  • #121,949
  • Feb 19, 2009 11:17am Feb 19, 2009 11:17am
Quoting PipLand
Nope havent forgotten, it's one of the reasons Im not gonna try a long again from here now, think im done for the day
I just closed my last trade out for another 44 pips. I'm going to lunch and will wait for another setup. If I see it, I'll take it, otherwise, I'll wait til I get what I want.
Just digging in the trenches like everyone else!
  • #121,950
  • Feb 19, 2009 11:18am Feb 19, 2009 11:18am
Quoting eohater
The ride to 4350 was sweet bro! I don't know if you got back in or not, but it was nice. I unfortunatley was asleep so I couldn't manage the trade to the top.
I was out of the long side and shorted really early, 4307. Absolutely no confirmation. Thankfully, my lesson learned came with no loss. Im short now from 4350 area, taking some off at +50 and letting the other two ride down.
  • #121,951
  • Feb 19, 2009 11:20am Feb 19, 2009 11:20am
a newbie to this forum , from Ja but living in NYC and ATL. Trading on/off for 2 yrs with saxo and now going in full time. any tips ???
  • #121,952
  • Feb 19, 2009 11:21am Feb 19, 2009 11:21am
Something to follow with each trade.....

Obvious patterns for setting entry, s/l and t/p.
Attached Image (click to enlarge)
Click to Enlarge Name: pivots, s an r.gif Size: 47 KB
  • #121,953
  • Feb 19, 2009 11:23am Feb 19, 2009 11:23am
Quoting jack.canadia
On the way down we have a 15 min 200ema and a 4 hour 21 ema. That's about unless we run into some support around 4215/30. Below 4275 we're bearish for today.
Yeah I agree we could end up looking bearish by the end of the day, I dont trust the trendline anymore the MA's are turning down and crossing over now too. Time to relax now
  • #121,954
  • Feb 19, 2009 11:26am Feb 19, 2009 11:26am
Quoting jack.canadia
I was out of the long side and shorted really early, 4307. Absolutely no confirmation. Thankfully, my lesson learned came with no loss. Im short now from 4350 area, taking some off at +50 and letting the other two ride down.
I made some good money I did shorted first at1.4318 and then again at1.4352 and just got out .by going to sleep I saved myself a lot of nerves.Now I will stay away and reevaluate what happened and where we going
  • #121,955
  • Feb 19, 2009 11:26am Feb 19, 2009 11:26am
Quoting eohater
I just closed my last trade out for another 44 pips. I'm going to lunch and will wait for another setup. If I see it, I'll take it, otherwise, I'll wait til I get what I want.
Nice work and good discipline! Im gonna go take a break I'll take a look tonight see whats happening, time to relax now

Catch you later everyone, good luck with your trades
  • #121,956
  • Feb 19, 2009 11:28am Feb 19, 2009 11:28am
Quoting sofia101
I made some good money I did shorted first at1.4318 and then again at1.4352 and just got out .by going to sleep I saved myself a lot of nerves.Now I will stay away and reevaluate what happened and where we going
I probably should have done the same instead of weathering the storm. Let me know what your take is on the direction from here. We'll compare later.
  • #121,957
  • Feb 19, 2009 11:29am Feb 19, 2009 11:29am
Quoting jack.canadia
I probably should have done the same instead of weathering the storm. Let me know what your take is on the direction from here. We'll compare later.
I will ,Lets wait until NY closed to decide
  • #121,958
  • Feb 19, 2009 11:31am Feb 19, 2009 11:31am
Quoting PipLand
Nice work and good discipline! Im gonna go take a break I'll take a look tonight see whats happening, time to relax now

Catch you later everyone, good luck with your trades
You too .sometimes it's good to rest
  • #121,959
  • Feb 19, 2009 11:41am Feb 19, 2009 11:41am
wow i fail with my faith. i was short at 1.4427 targ 1.4350, but 1.428x, that was unexpected. anyway, i catch some good green pips.
  • #121,960
  • Feb 19, 2009 11:54am Feb 19, 2009 11:54am
Can anyone recommend an MT4 platform with a daily close at midnight GMT (Alpari's is at 11pm)

Thanks
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