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Cable Update (GBPUSD)

  • #122,141
  • Feb 20, 2009 6:54am Feb 20, 2009 6:54am
I went long again 1.4314, SL 1.4300, TP 1.4400 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,142
  • Feb 20, 2009 6:58am Feb 20, 2009 6:58am
Quoting manize
I went long again 1.4314, SL 1.4300, TP 1.4400 !
Have a look at the 1hr candle developing
  • #122,143
  • Feb 20, 2009 7:03am Feb 20, 2009 7:03am
Quoting PipLand
Have a look at the 1hr candle developing
H1 close = open. Crucial level 1.4305/15, my DP 1.4315 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,144
  • Feb 20, 2009 7:05am Feb 20, 2009 7:05am
Quoting manize
H1 close = open. Crucial level 1.4305/15, my DP 1.4315 !
Hit again 0 gain today !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,145
  • Feb 20, 2009 7:05am Feb 20, 2009 7:05am
Quoting PipLand
Afternoon everyone i went short at 4344, look slike its obeying the trendline, 4100 target area. Sl is at BE as there is still some room upwards to touch the trendline still
Hi Pip, I haven't spoken with you before. I am in with you on this one. Lots of traffic on the way down. It seems to bounce off 382s quite alot and of course we have the 13:30 USD Core CPI. I would be pleased to hear if you see anything untoward. I'll do the same.
  • #122,146
  • Feb 20, 2009 7:06am Feb 20, 2009 7:06am
Quoting PipLand
Have a look at the 1hr candle developing
ditto.
The trend is not your friend, it's your master.
  • #122,147
  • Feb 20, 2009 7:07am Feb 20, 2009 7:07am
I posted this in another thread but might me too late :S
Attached Image (click to enlarge)
Click to Enlarge Name: cable 1.gif Size: 14 KB
  • #122,148
  • Feb 20, 2009 7:07am Feb 20, 2009 7:07am
short @1.4344 100 pip stop
some Friday trivia to give an idea about the difference between a billion and a trillion Dollars
billion seconds ago 1976 AD trillion seconds ago 30,000BC
  • #122,149
  • Feb 20, 2009 7:07am Feb 20, 2009 7:07am
Quoting PipLand
Have a look at the 1hr candle developing
Congratz ! Break 1.4265 then 1.4187, your target will be hit !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,150
  • Feb 20, 2009 7:08am Feb 20, 2009 7:08am
Quoting Barny
Hi Pip, I haven't spoken with you before. I am in with you on this one. Lots of traffic on the way down. It seems to bounce off 382s quite alot and of course we have the 13:30 USD Core CPI. I would be pleased to hear if you see anything untoward. I'll do the same.
Here comes a 382 and a 5m 50Ma
  • #122,151
  • Feb 20, 2009 7:18am Feb 20, 2009 7:18am
can someone help out here..i want to short @ 1.4290?
  • #122,152
  • Feb 20, 2009 7:18am Feb 20, 2009 7:18am
Quoting Barny
Hi Pip, I haven't spoken with you before. I am in with you on this one. Lots of traffic on the way down. It seems to bounce off 382s quite alot and of course we have the 13:30 USD Core CPI. I would be pleased to hear if you see anything untoward. I'll do the same.

Hey Barny, yeah there is defo lots of traffic on the way down, the 1hr 62ema can provide some good support to cable currently at 4270 so thats the next obsticle, then we got 4220 61.8 fib. And if we get through that then target should be hit. Im also kindof sneakly hoping that this could be the run down to break 4050, if we get below 4000 then then this should drop hard! I like good risk to reward ratios
  • #122,153
  • Feb 20, 2009 7:18am Feb 20, 2009 7:18am
Hi guys,

woke up to green 100 pips hjow,s everyone on 'stop hunting' day?
  • #122,154
  • Feb 20, 2009 7:22am Feb 20, 2009 7:22am
Quoting alfamichi
can someone help out here..i want to short @ 1.4290?

Im short too...give it some time....she'll come around
  • #122,155
  • Feb 20, 2009 7:22am Feb 20, 2009 7:22am
Quoting manize
Congratz ! Break 1.4265 then 1.4187, your target will be hit !
Thnx! sorry your stop got hit, I was gutted I missed my entry for the long earlier today but oh well
  • #122,156
  • Feb 20, 2009 7:25am Feb 20, 2009 7:25am
....
Attached Image (click to enlarge)
Click to Enlarge Name: results.gif Size: 24 KB
  • #122,157
  • Feb 20, 2009 7:27am Feb 20, 2009 7:27am
the top suggests reversal frmo up to down.
im goign to short at 4276 for a 120 pip move and sl 4369. but i think if it touched 4369, it will move to 4480 so at 4369 i will be looking to go long.
  • #122,158
  • Feb 20, 2009 7:28am Feb 20, 2009 7:28am
Yeah, good point nAVIN, cheers.
The trend is not your friend, it's your master.
  • #122,159
  • Feb 20, 2009 7:32am Feb 20, 2009 7:32am
damn, news was better than expected
  • #122,160
  • Feb 20, 2009 7:34am Feb 20, 2009 7:34am
Quoting Cultured
Yeah, good point nAVIN, cheers.
im glad u took notice of it..
i think i will wait for the 4hr to jump in..look like it reversed at the support to perhap head back up
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