Cable Update (GBPUSD)

Post #123,301
Quote
Feb 25, 2009 6:53am Feb 25, 2009 6:53am

wormboy
Joined Jan 2009 | Status: Not bothered. | 18,082 Posts

Quoting AJspeed

Disliked

Guys, I have been waiting for this thing for 3 + days to bounce down off that 61.8 Fib level. It tested the dam thing 3 times. LOL

Ignored

3 days? LOL make that the both of us mate. But funny that 4375 is my 50.0 fibs level. 4300 is my 61.8.
Who cares yea? As long as they're green. Moved my sl +100 @ 4450.
Let's see if today she trips for good.

Dive!

Thank You :notworthy

Post #123,302
Quote
Feb 25, 2009 6:54am Feb 25, 2009 6:54am

JammerJams
| Joined Feb 2008 | Status: IB Trading for clients | 457 Posts

Quoting nAVIN2007

Disliked

nice trading

Ignored

I was able to catch that short from up there..now intend to catch it up..but only in using a pending entrance..not from hopes that its 61.8% ...can still go lower..

Post #123,303
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Feb 25, 2009 6:57am Feb 25, 2009 6:57am

Myman
| Joined Oct 2008 | Status: Member | 167 Posts

Perhaps it goes down to 1.41++ area.

Post #123,304
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Feb 25, 2009 6:58am Feb 25, 2009 6:58am

amar747
| Joined Oct 2008 | Status: Member | 55 Posts

hoping with a rebound at 1.4250 putting my buy order over there

Post #123,305
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Feb 25, 2009 7:00am Feb 25, 2009 7:00am

ezodisy
| Joined Nov 2008 | Status: Member | 665 Posts

oof big candle

Post #123,306
Quote
Feb 25, 2009 7:00am Feb 25, 2009 7:00am

AJspeed
| Additional Username | Joined Mar 2007 | 189 Posts

1.4360 is my release level, if it touches 4360 it will go on down to 4300.

AJ

Quoting biax

Disliked

moved my target short is 1.4394

Attachment 210210

IF SHE cannot touched that level or only touched that level and not continue to 1.4311 SHE will go to fibo daily high again, waiting for news in 10:00pm. red for USD.

Ignored

Disclaimer: Take all trades at your own risk. Trade Demo account only.

Post #123,307
Quote
Feb 25, 2009 7:02am Feb 25, 2009 7:02am

JammerJams
| Joined Feb 2008 | Status: IB Trading for clients | 457 Posts

Quoting amar747

Disliked

hoping with a rebound at 1.4250 putting my buy order over there

Ignored

if its to keep confusion as the main mantra...then 4250 is the level...that would maintain a nice wedge formation...and keep us in the dark as to its longer direction.

but...it must pass this 61.8% level..or we shall see a nice rise...

I dont mind catching 25% of the long..some profit is better then any loss

Post #123,308
Quote
Feb 25, 2009 7:03am Feb 25, 2009 7:03am

AJspeed
| Additional Username | Joined Mar 2007 | 189 Posts

By the way, my T/P is actually 1.4305 for obvious reasons

Disclaimer: Take all trades at your own risk. Trade Demo account only.

Post #123,309
Quote
Feb 25, 2009 7:06am Feb 25, 2009 7:06am

Myman
| Joined Oct 2008 | Status: Member | 167 Posts

If it can't break at this level, then it goes up again, three times in a row. I did learn a good thing about this. Thanks guys

Post #123,310
Quote
Feb 25, 2009 7:08am Feb 25, 2009 7:08am

wormboy
Joined Jan 2009 | Status: Not bothered. | 18,082 Posts

Quoting AJspeed

Disliked

By the way, my T/P is actually 1.4305 for obvious reasons

Ignored

Why don't you just lock it and let it go further? When it reaches 4300 level cci will prolly be settling in the oversold. That usually will push it down. Just a thought.

Thank You :notworthy

Post #123,311
Quote
Feb 25, 2009 7:10am Feb 25, 2009 7:10am

JammerJams
| Joined Feb 2008 | Status: IB Trading for clients | 457 Posts

Quoting AJspeed

Disliked

By the way, my T/P is actually 1.4305 for obvious reasons

Ignored

well aj...
the downward pressure is capable of keeping this short direction for a while..good luck..

Im setting alarms..and then zzzZZZ

Post #123,312
Quote
Feb 25, 2009 7:20am Feb 25, 2009 7:20am

daffy
| Joined Jan 2009 | Status: Show me the pips! | 651 Posts

I think we are going further down. Reckon we are just taking a breather to take another look at the 4H 50EMA.

Post #123,313
Quote
Feb 25, 2009 7:23am Feb 25, 2009 7:23am

biax
| Additional Username | Joined Dec 2008 | 376 Posts

my short closed.

add north @4381 +BEP

Attached Image (click to enlarge)

Click to Enlarge

Name: candle.gif
Size: 26 KB

yiha closed for +20 I'm Clear right now...

waiting for next 3 hour... see ya all

Post #123,314
Quote
Feb 25, 2009 7:24am Feb 25, 2009 7:24am

JammerJams
| Joined Feb 2008 | Status: IB Trading for clients | 457 Posts

Quoting daffy

Disliked

I think we are going further down. Reckon we are just taking a breather to take another look at the 4H 50EMA.

Ignored

I did long for +20 and out till we cross another +15 min candle..and start a nice + engulfing candle..

either direction..does not matter to me...as long as there is +pips

Post #123,315
Quote
Feb 25, 2009 7:46am Feb 25, 2009 7:46am

mangZX7L
| Joined Oct 2007 | Status: Member | 147 Posts

guys...what do u think of 1h n 30m?

money is for living

Post #123,316
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Feb 25, 2009 8:00am Feb 25, 2009 8:00am

LuckyLurker
Joined May 2007 | Status: 2 + 2 = 5 | 1,031 Posts

rumors (dealer chatter) that the British gov't is set to announce details of a bank bailout plan at 1pm today. No idea what effect this would have on pound currently.

USD Est Non Mortuus

Post #123,317
Quote
Feb 25, 2009 8:12am Feb 25, 2009 8:12am

JammerJams
| Joined Feb 2008 | Status: IB Trading for clients | 457 Posts

Quoting mangZX7L

Disliked

guys...what do u think of 1h n 30m?

Ignored

The 1 hr handle is looking rather nice for a long soon...I entering if this next candle finishes above the previous wick...
Stoch is looking nice for a long CCI beyond -100 and upward pressure moving toward 50 level...

but....its still in flux..letting candle set first