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Cable Update (GBPUSD)

  • #128,581
  • Apr 1, 2009 4:36am Apr 1, 2009 4:36am
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  • #128,582
  • Apr 1, 2009 4:36am Apr 1, 2009 4:36am
Quoting PipLand
Morning Wormboy, hows it going?

We could get to 4500, im locking my trade just incase it shoots up. But im hoping for this to test the lows again first
Good afternoon pip
Going great brother. Long from 4277 & had my po @4375 triggered. Lol, I think I'd rather see the 4500 level first before we dive to the lows that you mentioned
Thank You
  • #128,583
  • Apr 1, 2009 4:41am Apr 1, 2009 4:41am
Quoting Komissar
Closed my short. Maybe a little early, but I don't like how it's moving.
closed mine too because of same reasons and pin bar on eg worried me
  • #128,584
  • Apr 1, 2009 4:45am Apr 1, 2009 4:45am
Cable formed a NR20 (narrowest range in 20 trading days). We might have a potential trending day. Be prepared.
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  • #128,585
  • Apr 1, 2009 4:45am Apr 1, 2009 4:45am
Quoting Komissar
Closed my short. Maybe a little early, but I don't like how it's moving.
excellent
  • #128,586
  • Apr 1, 2009 4:48am Apr 1, 2009 4:48am
Quoting wormboy
Good afternoon pip
Going great brother. Long from 4277 & had my po @4375 triggered. Lol, I think I'd rather see the 4500 level first before we dive to the lows that you mentioned

Cheers mate! im with you now lol long off the last 15min candle 4385. Reasons being the last 15min candle on here and on EG. I no longer think EG support at 9155 is going to hold up and if that breaks it should send cable flying
  • #128,587
  • Apr 1, 2009 4:49am Apr 1, 2009 4:49am
1.4433 is reversal area if cable broke it will fly to 1.4535

by the way i go long @ 1.4370 and SL @ BE

Let us see
  • #128,588
  • Apr 1, 2009 4:50am Apr 1, 2009 4:50am
Quoting PipLand
Cheers mate! im with you now lol long off the last 15min candle 4385. Reasons being the last 15min candle on here and on EG. I no longer think EG support at 9155 is going to hold up and if that breaks it should send cable flying
Nice one brother 4500 it is then lol
Thank You
  • #128,589
  • Apr 1, 2009 4:53am Apr 1, 2009 4:53am
Quoting wormboy
Good afternoon pip
Going great brother. Long from 4277 & had my po @4375 triggered. Lol, I think I'd rather see the 4500 level first before we dive to the lows that you mentioned
Looking good now! You must have a bag full of pips today!
  • #128,590
  • Apr 1, 2009 4:53am Apr 1, 2009 4:53am
Quoting wormboy
Nice one brother 4500 it is then lol
See you there mate
  • #128,591
  • Apr 1, 2009 4:56am Apr 1, 2009 4:56am
Senario 2
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  • #128,592
  • Apr 1, 2009 4:56am Apr 1, 2009 4:56am
Quoting PipLand
Looking good now! You must have a bag full of pips today!
i must humbly admit yes lol . Slayed the beast today. pound yen trade is extremely good today. See you up there brother. Keep those gains locked!
Thank You
  • #128,593
  • Apr 1, 2009 5:11am Apr 1, 2009 5:11am
Dears

I think that 1.4420 will be hard to be breaked and if it happened I think our max is 1.4520 before going down again

What is your opnions ?
  • #128,594
  • Apr 1, 2009 5:20am Apr 1, 2009 5:20am
When will I ever learn?? Disciplin... disciplin... disciplin... I told myself it would have break ALL 4 areas of resistance before I'd go long. So what do I do? Go long after closing only above my first.....
Ghost Rider - WWTBMD?
  • #128,595
  • Apr 1, 2009 5:28am Apr 1, 2009 5:28am
A solid base is forming as a support for the trend. We went 2.0 to 1.9 to 1.8 to.... 1.3s and then 1.4 and failed 1.5. Monthlies are steeply oversold and the lack of liquidity has under evaluated the price...
  • #128,596
  • Apr 1, 2009 5:44am Apr 1, 2009 5:44am
Quoting albchr
When will I ever learn?? Disciplin... disciplin... disciplin... I told myself it would have break ALL 4 areas of resistance before I'd go long. So what do I do? Go long after closing only above my first.....
yeah if we dont get any higher soon we could end up with a hangman on the 1hr!
  • #128,597
  • Apr 1, 2009 5:54am Apr 1, 2009 5:54am
Quoting PipLand
yeah if we dont get any higher soon we could end up with a hangman on the 1hr!
This hangman wouldn't be so obviuos, BUT
we can get a pin on 4H, and this pin could more powerful.
Let's see. Flat atm.
  • #128,598
  • Apr 1, 2009 5:55am Apr 1, 2009 5:55am
Quoting PipLand
yeah if we dont get any higher soon we could end up with a hangman on the 1hr!
Funny thing is...the last candle was a dandy looking spinning top and I saw it BEFORE going long....LOL

AH the trials and tribulations of infancy. Oh well, still holding that long at 4404 to try and minimize the damage.
Ghost Rider - WWTBMD?
  • #128,599
  • Apr 1, 2009 5:57am Apr 1, 2009 5:57am
Quoting PipLand
yeah if we dont get any higher soon we could end up with a hangman on the 1hr!
needs to close above 96 atleast to go higher in the very near term
  • #128,600
  • Apr 1, 2009 6:01am Apr 1, 2009 6:01am
Quoting Komissar
This hangman wouldn't be so obviuos, BUT
we can get a pin on 4H, and this pin could more powerful.
Let's see. Flat atm.
Yeah its possible im still holding a long but locking to BE now and not holding my breath
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