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Cable Update (GBPUSD)

  • #128,961
  • Apr 6, 2009 6:53am Apr 6, 2009 6:53am
Quoting Fx1618
GMT 0830 - 03/04

Bias - long
Trade - Long @ 1.4780
out for 35+, bit late but still in the green though

Will update with the next Trade Setup
  • #128,962
  • Apr 6, 2009 7:32am Apr 6, 2009 7:32am
could have made some pips here
Attached Image(s) (click to enlarge)
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #128,963
  • Apr 6, 2009 7:44am Apr 6, 2009 7:44am
Gap closed...200ema on 15mins chat touched..

which way GU?
  • #128,964
  • Apr 6, 2009 7:47am Apr 6, 2009 7:47am
Quoting alfamichi
Gap closed...200ema on 15mins chat touched..

which way GU?


DOWN
  • #128,965
  • Apr 6, 2009 7:52am Apr 6, 2009 7:52am
Quoting eaglestar
could have made some pips here
Not one of your 4 charts are helpful without explanation.
Thank You
  • #128,966
  • Apr 6, 2009 8:07am Apr 6, 2009 8:07am
Quoting wormboy
Not one of your 4 charts are helpful without explanation.
black d1 channel
blue h4 channel
red h1 channel
or black higher tf dominant
blue secondary
red new primary within dominant
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #128,967
  • Apr 6, 2009 8:08am Apr 6, 2009 8:08am
im here still with the short
Attached Image (click to enlarge)
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When life gives you lemons, make lemonade
  • #128,968
  • Apr 6, 2009 8:10am Apr 6, 2009 8:10am
Quoting currencyexch
DOWN
  • #128,969
  • Apr 6, 2009 8:15am Apr 6, 2009 8:15am
Quoting alfamichi
Buy Above 1.4860 or Sell Below 1.4820..Remember to put your Stop Loss...


just my idea
  • #128,970
  • Apr 6, 2009 8:23am Apr 6, 2009 8:23am
Quoting alfamichi
Buy Above 1.4860 or Sell Below 1.4820..Remember to put your Stop Loss...


just my idea
thank you... took your advice and shorted at 1.4804...
  • #128,971
  • Apr 6, 2009 8:34am Apr 6, 2009 8:34am
Went long now. I know it`s counter trend. But i feel that expecting the price to retrace down so much isn`t gonna work... Anyway, once we break 1.5, i guess we`re not looking back anymore...
  • #128,972
  • Apr 6, 2009 8:42am Apr 6, 2009 8:42am
Quoting zapper
Went long now. I know it`s counter trend. But i feel that expecting the price to retrace down so much isn`t gonna work... Anyway, once we break 1.5, i guess we`re not looking back anymore...

my wish is too it break 1.5 but let see otherwise i will close my Long and will look to go short but any advice what to do now?wait or close long?i forgot about the resistance level of 1.4950 and now in against the trend...

Ub
  • #128,973
  • Apr 6, 2009 8:47am Apr 6, 2009 8:47am
Quoting ubaidahsan
my wish is too it break 1.5 but let see otherwise i will close my Long and will look to go short but any advice what to do now?wait or close long?i forgot about the resistance level of 1.4950 and now in against the trend...

Ub
currently i can see 650. But a bounce off that level is surely a huge bet on going long. The first time when market failed to go low from 110 was itself a major step of recovery in several months... And having come this far and close to 1.5 now, we have nothing but to break it. Let`s see how fundamentals and trend is going to affect it...
  • #128,974
  • Apr 6, 2009 8:52am Apr 6, 2009 8:52am
Quoting zapper
currently i can see 650. But a bounce off that level is surely a huge bet on going long. The first time when market failed to go low from 110 was itself a major step of recovery in several months... And having come this far and close to 1.5 now, we have nothing but to break it. Let`s see how fundamentals and trend is going to affect it...
well i also want it to be go long and we close trades in profit but let see what happens if it goes long then i will counter my trade and will get out from that one otherwise will close or headge and then will get out at least in 1 week lol let see what happens still hopeful it will go up again

Ub
  • #128,975
  • Apr 6, 2009 9:05am Apr 6, 2009 9:05am
i shouldve been sure about doube top......
  • #128,976
  • Apr 6, 2009 9:09am Apr 6, 2009 9:09am
Quoting ubaidahsan
well i also want it to be go long and we close trades in profit but let see what happens if it goes long then i will counter my trade and will get out from that one otherwise will close or headge and then will get out at least in 1 week lol let see what happens still hopeful it will go up again

Ub
The weighted close pivot for the previous week is at 1.4651 and normal hlc pivot at 1.4593. So, i expect a fair bounce at or ahead of those levels, if the trend is going to resume.
  • #128,977
  • Apr 6, 2009 9:11am Apr 6, 2009 9:11am
Quoting zapper
The weighted close pivot for the previous week is at 1.4651 and normal hlc pivot at 1.4593. So, i expect a fair bounce at or ahead of those levels, if the trend is going to resume.

well i think you are right and when you will counter your trade or you done it already?

Ub
  • #128,978
  • Apr 6, 2009 9:18am Apr 6, 2009 9:18am
Quoting ubaidahsan
well i think you are right and when you will counter your trade or you done it already?

Ub
I`m already done. Just waiting for the price to settle for a clear entry signal. And i`m gonna be a bull for atleast the whole month, if not many...
  • #128,979
  • Apr 6, 2009 9:29am Apr 6, 2009 9:29am
Quoting ubaidahsan
well i also want it to be go long and we close trades in profit but let see what happens if it goes long then i will counter my trade and will get out from that one otherwise will close or headge and then will get out at least in 1 week lol let see what happens still hopeful it will go up again

Ub
bad day, huh?
  • #128,980
  • Apr 6, 2009 9:37am Apr 6, 2009 9:37am
Quoting uut
bad day, huh?

since morning i was on selling and i took 6 sells and close in profit but when i took 1 buy it went down was a bad move but still sure i will be out safely

Ub
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