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Cable Update (GBPUSD)

  • #125,381
  • Mar 6, 2009 9:02am Mar 6, 2009 9:02am
Quoting wormboy
Pip, might want to hold on to that thought mate. That channel breaks, & there won't prolly be a way back. 4150 is broken too.
Good luck my friend
Cheers, I guess it depends where you draw the channel though heres my 1HR
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  • #125,382
  • Mar 6, 2009 9:02am Mar 6, 2009 9:02am
Quoting PipLand
im thinking back upto 4200 - 4220- would make a nice H&S on the 1hr
I'm with you. But just thinking upto 4180
The market is always right, but it is not never wrong!!!
  • #125,383
  • Mar 6, 2009 9:04am Mar 6, 2009 9:04am
Quoting albchr
Yep! Long at 4080....waiting...waiting...LOL
Wow nice entry i averaged out at 4085 and was impressed lol
  • #125,384
  • Mar 6, 2009 9:05am Mar 6, 2009 9:05am
ok i put a small long on - expecting the bounce of the semi dead cat

remember that after news, the first move is the false one... but huge moves produce at least a teeny weeny bounce most times

ps, on which form of your US tax returns, do you guys put forex gains/losses ?
mine is under 'other' at the mo - line 21 on the 1040 with a supporting schedule
  • #125,385
  • Mar 6, 2009 9:06am Mar 6, 2009 9:06am
Quoting guardians
I'm with you. But just thinking upto 4180

4180 might be perfect place if we get there its the rising bottom of old support
  • #125,386
  • Mar 6, 2009 9:10am Mar 6, 2009 9:10am
just look how eurgbp rising up madly!!!
and you know why? because it's waiting for me (scalper) to short this damn thing but I'm waiting a bit too!
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  • #125,387
  • Mar 6, 2009 9:11am Mar 6, 2009 9:11am
Quoting allserene
ok i put a small long on - expecting the bounce of the semi dead cat

remember that after news, the first move is the false one... but huge moves produce at least a teeny weeny bounce most times

ps, on which form of your US tax returns, do you guys put forex gains/losses ?
mine is under 'other' at the mo - line 21 on the 1040 with a supporting schedule

You can do that, or file it under 1256 contract. I just give a total gain/loss on each account.
  • #125,388
  • Mar 6, 2009 9:11am Mar 6, 2009 9:11am
Anyone got a clue on e/g. Looks a bit toppy ?
  • #125,389
  • Mar 6, 2009 9:12am Mar 6, 2009 9:12am
Quoting FrenchPips
Anyone got a clue on e/g. Looks a bit toppy ?
look my post top, I know
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  • #125,390
  • Mar 6, 2009 9:15am Mar 6, 2009 9:15am
Quoting PipLand
anyone long with me then?
1st long 1.4107 already closed + 11 pips. Now took along again 1.4096 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #125,391
  • Mar 6, 2009 9:15am Mar 6, 2009 9:15am
Quoting Forbes55
just look how eurgbp rising up madly!!!
and you know why? because it's waiting for me (scalper) to short this damn thing but I'm waiting a bit too!
yep bang on resistance at .90
  • #125,392
  • Mar 6, 2009 9:19am Mar 6, 2009 9:19am
Quoting kalparker
You can do that, or file it under 1256 contract. I just give a total gain/loss on each account.

yes i am just giving a total for my 1 account ... i am sending a huge sched for share dealings (cap gains/losses) but just OANDA's screen shot of dealings as at Dec 31 for forex

cap gains I wish - i will never pay cap gains again with my carried forwards

decision time for cable - again !
  • #125,393
  • Mar 6, 2009 9:24am Mar 6, 2009 9:24am
Quoting PipLand
Wow nice entry i averaged out at 4085 and was impressed lol
I bailed at 4118 for +38 on a 1 lot...LOL...It's Friday, it's lunch and it's too squirrelly to risk this week's gains on what appears to be an overall down trend...LOL

Yep, a newbie and maybe a bit chicken...LOL

Good Luck if you're still hanging on!!
Ghost Rider - WWTBMD?
  • #125,394
  • Mar 6, 2009 9:26am Mar 6, 2009 9:26am
Quoting Magix
You've got mail.
I didn't get it
  • #125,395
  • Mar 6, 2009 9:28am Mar 6, 2009 9:28am
Quoting sofia101
I didn't get it

Private message...if not, send me an email to [email protected], I will respond...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,396
  • Mar 6, 2009 9:32am Mar 6, 2009 9:32am
im out dont like the PA grabbed a few pips
  • #125,397
  • Mar 6, 2009 9:34am Mar 6, 2009 9:34am
Quoting PipLand
im out dont like the PA grabbed a few pips
ANother reason EU looks like it just made a H&S
  • #125,398
  • Mar 6, 2009 9:34am Mar 6, 2009 9:34am
Quoting Magix
You've got mail.
I didn't get your mail send it again ,please
  • #125,399
  • Mar 6, 2009 9:36am Mar 6, 2009 9:36am
Quoting albchr
I bailed at 4118 for +38 on a 1 lot...LOL...It's Friday, it's lunch and it's too squirrelly to risk this week's gains on what appears to be an overall down trend...LOL

Yep, a newbie and maybe a bit chicken...LOL

Good Luck if you're still hanging on!!
Just seen you post I bailed to because of PA and the H&S on EU glad i did its going down for another go at support
  • #125,400
  • Mar 6, 2009 9:38am Mar 6, 2009 9:38am
ok
who dare now press gold button buy?
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