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Cable Update (GBPUSD)

  • #123,461
  • Feb 25, 2009 12:50pm Feb 25, 2009 12:50pm
Quoting wormboy
Unfortunately I don't work that way my friend
I'll warm the other button up when the time comes.
and be so kind too as to press your "gold" button to eurgbp DOWN because I'm tired of waitong this nice downfall and I already have long in profit GU
I wish I entered only 0.10 lot and missed the bottom!
ROBOT FOREX
  • #123,462
  • Feb 25, 2009 12:50pm Feb 25, 2009 12:50pm
is that a parabolic screw top method almost pin bar on the 15 min ?

bit of a rebound

even a dead cat bounces a tidgy bit if you use a big enough microscope
  • #123,463
  • Feb 25, 2009 12:54pm Feb 25, 2009 12:54pm
Quoting Forbes55
and be so kind too as to press your "gold" button to eurgbp DOWN because I'm tired of waitong this nice downfall and I already have long in profit GU
I wish I entered only 0.10 lot and missed the bottom!
LOL. Have a good one mate & good luck with your trade. I'm off to the kopitiam. Pool v Real Madrid on tonite. Come on you reds!
See you guys later & green pips to everyone
Thank You
  • #123,464
  • Feb 25, 2009 12:55pm Feb 25, 2009 12:55pm
according to my charts, we cross below and close below the support trendline even in 1H. How long could go up? 4250?
  • #123,465
  • Feb 25, 2009 12:59pm Feb 25, 2009 12:59pm
Quoting AmeriTrini
Now that's what I call SOLID SUPPORT!!
Now I can buy into this approach. it must try the 4150 level...but again..i will catch it on its way up after a couple candles..or solid upward movement.

..and when we have a nice strong bullish 1hr period..buy in again...
placing +BE on initial entry before adding new entry.

now that is my approach

we may be seeing a morning star formation occuring. have to wait for this new candle...1hr formation.

Note: take head there is a nice short trend..and if this candle pierces this TL...we may see the reversal we are all waiting for.
  • #123,466
  • Feb 25, 2009 1:05pm Feb 25, 2009 1:05pm
Quoting cisco
long 4204. Yeah, I know, bad trading!
4203 myself!
Just digging in the trenches like everyone else!
  • #123,467
  • Feb 25, 2009 1:08pm Feb 25, 2009 1:08pm
What a nice beginning of the day, 350 pips are in the pocket. But I have even more conservative view, she may even test 1.4100-20 before retracing
  • #123,468
  • Feb 25, 2009 1:08pm Feb 25, 2009 1:08pm
again damn falling
ROBOT FOREX
  • #123,469
  • Feb 25, 2009 1:10pm Feb 25, 2009 1:10pm
if we are to find a supporting level..we've reached it..
we are wedged in a 4170 base and a down trendline...and something will happen shortly...

good luck...and dont guess...
Attached Image
  • #123,470
  • Feb 25, 2009 1:16pm Feb 25, 2009 1:16pm
Quoting laromanell
What a nice beginning of the day, 350 pips are in the pocket. But I have even more conservative view, she may even test 1.4100-20 before retracing
right now..most anything can happen...the only thing for sure..the movement is in line with the daily chart.

way to go laromanell...

i just wished i stuck to my short a bit longer...
  • #123,471
  • Feb 25, 2009 1:22pm Feb 25, 2009 1:22pm
Quoting JammerJams
right now..most anything can happen...the only thing for sure..the movement is in line with the daily chart.

way to go laromanell...

i just wished i stuck to my short a bit longer...

I liked last 1h close very much. so, now I'am long from 1.4187 with half of my usual position. sl @ 1.4087. if she comes down and bounces off the 1.411x then I'll add the other half to improve my buying price. Just didn't want to miss what seemed to be a pin at a right level.
  • #123,472
  • Feb 25, 2009 1:26pm Feb 25, 2009 1:26pm
half position long at 4180 Stop loss @ BE....emotionally detached I can walk away with trailing stop =D
Going to make it big by age 21.
  • #123,473
  • Feb 25, 2009 1:28pm Feb 25, 2009 1:28pm
I'm not loving longs anymore based on the pa... and based on this tl... if my h4 closes below this line in the next half hour.. I think we will be testing 4096.. Just closed a long scalp from 4179 at 4210.. I will look on the charts again in the next 35 minutes... going to watch some champions league....

....h1 looks to be forming a bottom.... oops ...am I calling a bottom....?
Attached Image (click to enlarge)
Click to Enlarge Name: h4.gif Size: 24 KB
Attached Image
Patience + Discipline - Greed = Success
  • #123,474
  • Feb 25, 2009 1:29pm Feb 25, 2009 1:29pm
I went long at 4190 I think the 4200 will provide the springboard to 4300!
Economists have forecast 9 out of the last 5 recessions
  • #123,475
  • Feb 25, 2009 1:30pm Feb 25, 2009 1:30pm
have fun waiting that 209 minutes for the 4hr to close
Going to make it big by age 21.
  • #123,476
  • Feb 25, 2009 1:35pm Feb 25, 2009 1:35pm
Quoting dstryr
have fun waiting that 209 minutes for the 4hr to close
u mean 29 ?
  • #123,477
  • Feb 25, 2009 1:36pm Feb 25, 2009 1:36pm
Quoting Infinity
....h1 looks to be forming a bottom.... oops ...am I calling a bottom....?

if you plan on picking it....get the gloves
  • #123,478
  • Feb 25, 2009 1:36pm Feb 25, 2009 1:36pm
hi i am trading since from 2months, started with $5000 went up to 9800, then one bad trade gone back to minus 200, then i started looking for some knowledge , came here someone refered me to babypips.com , went there seems i have to learn a lot about charts all the stuff , till know i was just gambling, yesterday i was looking at this forum ,someone saying it will go to 14200 , i just thought to gamble again yesterday , took a position at 14570 28 lots, decided that either way it goes i am not going to trade until i learn knowledge , did not put sl ,tp , woke up half hour ago 8400 profit , i made withdrawl request , now i am not going to trade for atleast 4months , until i know what i am doing .. this forum especially this thread really good i only traded gbpus , thankyou all
  • #123,479
  • Feb 25, 2009 1:37pm Feb 25, 2009 1:37pm
Quoting dstryr
have fun waiting that 209 minutes for the 4hr to close

my 4H candle closes in 24 min
  • #123,480
  • Feb 25, 2009 1:39pm Feb 25, 2009 1:39pm
hmm my mt4 shows close in 200 minutes.....weird...
Going to make it big by age 21.
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