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Cable Update (GBPUSD)
- #128,842
- Apr 3, 2009 3:28am Apr 3, 2009 3:28am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
Jack,
My math worked out to a "T" w/the take profit,
set in, last night only, had i had my stop above the
1.4772, where my chart high was 1.4778.
(The big fish that got away)
!
Re-doing the figures this morning...
I used .24 (23.8) off the figures, and that would've been
1.4647. (Asia & Frankfurt drove her back to 1.4646! on MB!)
( 1 Pip of difference )!
!
I think she's done did her thing, and is eying North,
ahead of bad NFP's,
Then will take her profit$ and we'll see from there.
Best of Trading,
Jeff
!
My math worked out to a "T" w/the take profit,
set in, last night only, had i had my stop above the
1.4772, where my chart high was 1.4778.
(The big fish that got away)
!Re-doing the figures this morning...
I used .24 (23.8) off the figures, and that would've been
1.4647. (Asia & Frankfurt drove her back to 1.4646! on MB!)
( 1 Pip of difference )!
! I think she's done did her thing, and is eying North,
ahead of bad NFP's,
Then will take her profit$ and we'll see from there.
Best of Trading,
Jeff
!Nice. Im short from 4765 and 4731, target 4575.
Recent bounce was off the daily pivot. Important now to stay below and close below the hourly 21 ema then its off to the races!
I will work to Objectively Identify my Edges
- #128,845
- Apr 3, 2009 3:34am Apr 3, 2009 3:34am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
I was just gonna say...
1hr chart for the week broken,
of what i had was 1.4778.
Here we come 1-"Fitty" ?!
Sure Hope'n So!
Jeff!
1hr chart for the week broken,
of what i had was 1.4778.
Here we come 1-"Fitty" ?
!Sure Hope'n So!
Jeff
!
I will work to Objectively Identify my Edges
- #128,846
- Apr 3, 2009 3:36am Apr 3, 2009 3:36am
- Joined Mar 2008 | Status: He who believes has eternal life. | 3,764 Posts
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
- #128,848
- Apr 3, 2009 3:51am Apr 3, 2009 3:51am
- Joined Mar 2008 | Status: He who believes has eternal life. | 3,764 Posts
slobber drool
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
- #128,850
- Apr 3, 2009 4:41am Apr 3, 2009 4:41am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Morning pip, I "was" short at 4784 but got cold feet and jumped out...LOL..
Ghost Rider - WWTBMD?
- #128,852
- Apr 3, 2009 4:47am Apr 3, 2009 4:47am
- | Joined Nov 2008 | Status: Trader | 2,548 Posts
Morning pip, I "was" short at 4784 but got cold feet and jumped out...LOL..
- #128,853
- Apr 3, 2009 4:50am Apr 3, 2009 4:50am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
HI Albchr, thats understandable it was a hard decision to make I opened a short much higher and closed it too but reopened as further confirmation appeared but Im glad I stuck with the technicals as the fundamentals are pointing to stronger GBP, locked at BE +1 will just see what happens we may bounce off one of the MA's and shoot back up
Ghost Rider - WWTBMD?
- #128,854
- Apr 3, 2009 4:52am Apr 3, 2009 4:52am
Yea, I guess I couldn't get that BIG bull candle right next to it on the 1H out of my sight...LOL...But my gut kept saying sell. Gotta listen to my gut! It's always right and I get crushed when I ignor it....
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- #128,855
- Apr 3, 2009 4:54am Apr 3, 2009 4:54am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
My gut always tells me to be greedy and lose money, so i listened to it again and wohoo, lost money again.
... you've identified the problem so now you can fix it...Most folks never take the time to find out what's wrong.
Still, I'm not sweating my decision. I don't think it will be a "huge" move down. I was only looking for my morning coffee pips...LOL
Ghost Rider - WWTBMD?
- #128,859
- Apr 3, 2009 4:58am Apr 3, 2009 4:58am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
We have a breakout north. The next 4 hour close should be significant. Currently we are looking at 4950 level as a higher probability.
Good luck guys
Good luck guys
Thank You 