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Cable Update (GBPUSD)

  • #130,121
  • Apr 21, 2009 11:42pm Apr 21, 2009 11:42pm
1.4350 next trajet , from there we could bouce to 1.4515 before another drop.
  • #130,122
  • Apr 22, 2009 12:10am Apr 22, 2009 12:10am
I'm short now at 1.4631 1st TP is 100 pips at 1.4531 SL is 100 pips away at 1.4731
My edge ===> Patience
  • #130,123
  • Apr 22, 2009 12:20am Apr 22, 2009 12:20am
Quoting whytomwhy
What kind of bounce do you think we'll see from 1.4609? I was long as the channel formed. Will we get back to 1.4686 today?
No idea. I went long 4612.

TP = 4712
  • #130,124
  • Apr 22, 2009 1:07am Apr 22, 2009 1:07am
Watch
Attached Image (click to enlarge)
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  • #130,125
  • Apr 22, 2009 1:38am Apr 22, 2009 1:38am
Quoting jack.canadia
No idea. I went long 4612.

TP = 4712
I am as well !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #130,126
  • Apr 22, 2009 1:39am Apr 22, 2009 1:39am
Quoting deboooo2005
Watch
but how is your technical definition/confirmation of 'resist' and 'hold'?
  • #130,127
  • Apr 22, 2009 1:40am Apr 22, 2009 1:40am
hi all

shorted
{Promotion Removed}
  • #130,128
  • Apr 22, 2009 1:41am Apr 22, 2009 1:41am
wave analysis
Attached Image (click to enlarge)
Click to Enlarge Name: gh.gif Size: 41 KB
{Promotion Removed}
  • #130,129
  • Apr 22, 2009 1:44am Apr 22, 2009 1:44am
Quoting derek
wave analysis
Hi Derek, where did you put your SL ?
  • #130,130
  • Apr 22, 2009 1:48am Apr 22, 2009 1:48am
Quoting riggster
Hi Derek, where did you put your SL ?
today High 1.4710
{Promotion Removed}
  • #130,131
  • Apr 22, 2009 1:54am Apr 22, 2009 1:54am
Quoting derek
today High 1.4710
Cheers, Im going to wait for break of 610.
Good luck.
  • #130,132
  • Apr 22, 2009 2:13am Apr 22, 2009 2:13am
Quoting Ben920FX
I'm short now at 1.4631 1st TP is 100 pips at 1.4531 SL is 100 pips away at 1.4731
Up by 40 pips, I am setting my SL to BE, no risk at all, 1st TP is 100 pips
My edge ===> Patience
  • #130,133
  • Apr 22, 2009 2:22am Apr 22, 2009 2:22am
Quoting Ben920FX
I'm short now at 1.4631 1st TP is 100 pips at 1.4531 SL is 100 pips away at 1.4731
Not the best entry but good to be in the green!
  • #130,134
  • Apr 22, 2009 2:24am Apr 22, 2009 2:24am
Quoting jack.canadia
Not the best entry but good to be in the green!
Thanks, that's what my system told me to enter anyway, no risk at all so just waiting for the result, it's just make or breakeven
My edge ===> Patience
  • #130,135
  • Apr 22, 2009 2:31am Apr 22, 2009 2:31am
Quoting Ben920FX
Thanks, that's what my system told me to enter anyway, no risk at all so just waiting for the result, it's just make or breakeven
Ya of course! Im BE too right now. Would love to see 4545 for my first target and nice gains .
  • #130,136
  • Apr 22, 2009 2:37am Apr 22, 2009 2:37am
Quoting jack.canadia
Ya of course! Im BE too right now. Would love to see 4545 for my first target and nice gains .
Jack, whats the significance in your 545 target? If you dont mind me asking.
  • #130,137
  • Apr 22, 2009 2:49am Apr 22, 2009 2:49am
Keep locking in those $$ to the downside. Watch for price action around 1.4500 level and the low. if those levels taken out could see 1.44 region
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,138
  • Apr 22, 2009 3:02am Apr 22, 2009 3:02am
Quoting Bull_Bear
Keep locking in those $$ to the downside. Watch for price action around 1.4500 level and the low. if those levels taken out could see 1.44 region
4550 is a major support level and then 4523 and then 4324 wish it will toch 4324 too let see what happen waiting for gbp data then i will enter again


Ub
  • #130,139
  • Apr 22, 2009 3:04am Apr 22, 2009 3:04am
Quoting Bull_Bear
Keep locking in those $$ to the downside. Watch for price action around 1.4500 level and the low. if those levels taken out could see 1.44 region
How are you guys going to play this for the news 9.30 gmt? Lock in profits and hold? or exit before?
  • #130,140
  • Apr 22, 2009 3:06am Apr 22, 2009 3:06am
Quoting jack.canadia
Ya of course! Im BE too right now. Would love to see 4545 for my first target and nice gains .
im going to 4545 too
- Always pray on your trading - God know the best for everyone
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