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Cable Update (GBPUSD)

  • #124,861
  • Mar 5, 2009 12:38am Mar 5, 2009 12:38am
Quoting dRunKen aRmy
a close above 219(23.6fibs) will bring this higher..as we can see now..anybody going short now??
yeah me, and your right a close above 220 area before this thing can go higher
  • #124,862
  • Mar 5, 2009 12:40am Mar 5, 2009 12:40am
i said it will be mt idea..and it was...shorted @1.4209
  • #124,863
  • Mar 5, 2009 12:41am Mar 5, 2009 12:41am
Quoting PipLand
yeah me
I was the first
ROBOT FOREX
  • #124,864
  • Mar 5, 2009 12:43am Mar 5, 2009 12:43am
Quoting Forbes55
I was the first
ok2..u get the no1..haha..
  • #124,865
  • Mar 5, 2009 12:44am Mar 5, 2009 12:44am
Quoting PipLand
yeah me, and your right a close above 220 area before this thing can go higher
I closed my long 1.4220 ! Take a breath first to see the next PA ! She has moved closed to the short pressure area !
One thing I am very happy, my new system using fibo fan mesh introduced by Master Abuawad is working fine, even for take a long at the high place !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #124,866
  • Mar 5, 2009 12:45am Mar 5, 2009 12:45am
Quoting wormboy
good time to short usd yen i think. too overbought.
na
Probability Professor
  • #124,867
  • Mar 5, 2009 12:45am Mar 5, 2009 12:45am
Quoting PipLand
Yeah not too bad my shorts keep getting stopped out, wish i stayed awake to take profit But i'll get some more soon im sure.

Hows it going your end any plans for cable today or will you wait for the news?

Remember the big move at the last rate announcment!
Yea you'll get back those lost pips I'm pretty sure of that.
I'm all out mate. All my stops had just been triggered. 3 trades for cable since last Friday. One ended in red. But no harm done. +312 after closed.
Staying out for now till after the rate announcement. Will be foolish to make any assumptions now methinks as the ecb, boe & unemployment claims are due for release too close to one another. Either I'll take a position later tonite or I'll just wait for tomorrow for a clear direction at least. Doesn't matter, I can wait
Good luck to everyone. You will need it today. Hehe.
Thank You
  • #124,868
  • Mar 5, 2009 12:46am Mar 5, 2009 12:46am
looks like its coming back up to eat our stops lol
  • #124,869
  • Mar 5, 2009 12:48am Mar 5, 2009 12:48am
now I need that eurgbp go high, support this pair
ROBOT FOREX
  • #124,870
  • Mar 5, 2009 12:49am Mar 5, 2009 12:49am
Quoting PipLand
looks like its coming back up to eat our stops lol
you can take a rifle and shoot it from top
ROBOT FOREX
  • #124,871
  • Mar 5, 2009 12:49am Mar 5, 2009 12:49am
Quoting Galation
na
lol. stop biggin it up, that was posted yesterday.
Thank You
  • #124,872
  • Mar 5, 2009 12:50am Mar 5, 2009 12:50am
Quoting wormboy
Yea you'll get back those lost pips I'm pretty sure of that.
I'm all out mate. All my stops had just been triggered. 3 trades for cable since last Friday. One ended in red. But no harm done. +312 after closed.
Staying out for now till after the rate announcement. Will be foolish to make any assumptions now methinks as the ecb, boe & unemployment claims are due for release too close to one another. Either I'll take a position later tonite or I'll just wait for tomorrow for a clear direction at least. Doesn't matter, I can wait
Good luck to...
Nah didnt lose too many pips my short now is covered will probably get taken out but im used to it now lol, rather be out at BE than watching this thing go in the red, if this doesnt work out then i'll prob wait till monday! Should be very interesting today but i certainly wouldnt wanna be on the wrong side of it. Congrats on your shorts!
  • #124,873
  • Mar 5, 2009 12:53am Mar 5, 2009 12:53am
Quoting wormboy
Yea you'll get back those lost pips I'm pretty sure of that.
I'm all out mate. All my stops had just been triggered. 3 trades for cable since last Friday. One ended in red. But no harm done. +312 after closed.
Staying out for now till after the rate announcement. Will be foolish to make any assumptions now methinks as the ecb, boe & unemployment claims are due for release too close to one another. Either I'll take a position later tonite or I'll just wait for tomorrow for a clear direction at least. Doesn't matter, I can wait
Good luck to...
She will go down again if able to break 1.4254 and up maybe untill 1.4310 , but how many green pips she will do, I don't know !
Btw congratz for your huge green pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #124,874
  • Mar 5, 2009 12:54am Mar 5, 2009 12:54am
Guys, everyone is talking here that cable will go south today shortly, but what facts do you have on hands to claim that? Your expectations, or the fact that everyone is calling usd a safe heaven? or maybe that majority of people saying that it's gonna drop? or a long term down trend for cable? what else? it didn't break 1.4230 yet? or maybe 1.4300?
The thing is it has broken 1.4150-80 barrier, the daily close was bullish, last 4h close was bullish too. news are only coming, and they may direct cable in either direction. So trade what is in the charts, or preferably wait till cable shows you where it clearly goes after the news release.
I'm still long on cable from 1.4030; even though, I think that it will go south eventually sooner than later. I' m trading what it's showing me rather than my feelings, and I think it's the way to make pips.
  • #124,875
  • Mar 5, 2009 12:56am Mar 5, 2009 12:56am
Thanks pip. Yea monday does not sound like a bad idea does it. nfp tomorrow yea?? hmmm
I hate being on the sidelines lol. Keeps me guessing about my next position being the right one. Like you said, would really hate to be on the wrong side of the trade!
Thank You
  • #124,876
  • Mar 5, 2009 12:59am Mar 5, 2009 12:59am
manize : thanks. I hope you're reeling them in as well my friend
Thank You
  • #124,877
  • Mar 5, 2009 1:02am Mar 5, 2009 1:02am
Quoting wormboy
Thanks pip. Yea monday does not sound like a bad idea does it. nfp tomorrow yea?? hmmm
I hate being on the sidelines lol. Keeps me guessing about my next position being the right one. Like you said, would really hate to be on the wrong side of the trade!
yeah no point spoiling the weekend lol, so if i dont get it today will wait until Monday. I also want to see whats happening with the dollar it seems to be weakening generally and if that thing is getting ready to unwind then you gotta be carefull of any USD Pair!
  • #124,878
  • Mar 5, 2009 1:04am Mar 5, 2009 1:04am
fly or fall?
Halifax HPI m/m
http://www.forexfactory.com/images/m...dar_detail.gif -2.3%
-2.3% 1.9%

shit i hete news
  • #124,879
  • Mar 5, 2009 1:07am Mar 5, 2009 1:07am
Quoting uut
fly or fall?
Halifax HPI m/m
http://www.forexfactory.com/images/m...dar_detail.gif -2.3%
-2.3% 1.9%

shit i hete news
I also hate news
my order was closed by trailing stop, damn it, I ddin't want to close short now I need it will rise for 20 pips and I will short it again by more lot
ROBOT FOREX
  • #124,880
  • Mar 5, 2009 1:08am Mar 5, 2009 1:08am
Quoting manize
I closed my long 1.4220 ! Take a breath first to see the next PA ! She has moved closed to the short pressure area !
One thing I am very happy, my new system using fibo fan mesh introduced by Master Abuawad is working fine, even for take a long at the high place !
Hi manize,

Can you share the system with me?
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