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Cable Update (GBPUSD)

  • #130,801
  • Apr 30, 2009 10:00am Apr 30, 2009 10:00am
Quoting mohfaid
so what do u think next hour what will happen ?
if 1.4840 holds short trend should still be good for shorties.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,802
  • Apr 30, 2009 10:00am Apr 30, 2009 10:00am
Quoting Bull_Bear
I don't have a position on the table now Ub, did u not let your SL take you out? Once I'm out of a trade, I try to position myself with the trend for better risk appetite.

Not sure bro, its your call....

what do u say bro now its at 4824


Ub
  • #130,803
  • Apr 30, 2009 10:02am Apr 30, 2009 10:02am
Quoting mohfaid
so what do u think next hour what will happen ?
no one can predict any thing about market

Ub
  • #130,804
  • Apr 30, 2009 10:04am Apr 30, 2009 10:04am
deja vu .,...
Attached Image (click to enlarge)
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  • #130,805
  • Apr 30, 2009 10:09am Apr 30, 2009 10:09am
Quoting ubaidahsan
what do u say bro now its at 4824


Ub
Just a guess.... nah kidding. I have a trading system that tells me trends and i pick my R/S based on that.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,806
  • Apr 30, 2009 10:10am Apr 30, 2009 10:10am
Quoting Inzider
deja vu .,...

Is that what's called a bearish gartley pattern?
Gone to a better place
  • #130,807
  • Apr 30, 2009 10:15am Apr 30, 2009 10:15am
This thread is quite surreal at times - someone posts that they are totally wiped out and decimated and beaten to death and washed up and penniless forever -

a few seconds later someone replies and asks their advice on how the market is going to move in the next hour !!!!

Don't ask the guy with the scar to be your hitman - ask the guy who gave him it
  • #130,808
  • Apr 30, 2009 10:18am Apr 30, 2009 10:18am
Quoting allserene
This thread is quite surreal at times - someone posts that they are totally wiped out and decimated and beaten to death and washed up and penniless forever -

a few seconds later someone replies and asks their advice on how the market is going to move in the next hour !!!!

Don't ask the guy with the scar to be your hitman - ask the guy who gave him it
AND he sings with such harmony
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,809
  • Apr 30, 2009 10:19am Apr 30, 2009 10:19am
Quoting allserene
This thread is quite surreal at times - someone posts that they are totally wiped out and decimated and beaten to death and washed up and penniless forever -

a few seconds later someone replies and asks their advice on how the market is going to move in the next hour !!!!

Don't ask the guy with the scar to be your hitman - ask the guy who gave him it
  • #130,810
  • Apr 30, 2009 10:22am Apr 30, 2009 10:22am
Quoting Bull_Bear
Just a guess.... nah kidding. I have a trading system that tells me trends and i pick my R/S based on that.
you right but until we won't make mistakes we won't learn anything now i am fresh and closed my trade in - and suddenly market shoot up and i thought that was bad desicion but now i am fine and looking for good time to enter for short position but this short will be long term and tp will b around 45xx or 46xx


Ub
  • #130,811
  • Apr 30, 2009 10:23am Apr 30, 2009 10:23am
Quoting Bull_Bear
Market took a hard left turn and swung south... Too hard for my liking to continue the untrend.... It's now to the downside, I'd be looking to sell the retrace....
so the market is still to the downside? you were stopped out for -60 pips right? just got out at +100 pips, looking to go long again at 4800, 100 pip stop
  • #130,812
  • Apr 30, 2009 10:26am Apr 30, 2009 10:26am
sh&tty day, was good at telling resistance and support levels, but really sucked on executing (means done nothing good)...hate those kind of days
  • #130,813
  • Apr 30, 2009 10:31am Apr 30, 2009 10:31am
Quoting ubaidahsan
you right but until we won't make mistakes we won't learn anything now i am fresh and closed my trade in - and suddenly market shoot up and i thought that was bad desicion but now i am fine and looking for good time to enter for short position but this short will be long term and tp will b around 45xx or 46xx


Ub
Twice its happened to me today... Hit my final resistence level to take me out of the market.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,814
  • Edited 8:59pm Apr 30, 2009 10:43am | Edited 8:59pm
Quoting tomaz55
so the market is still to the downside? you were stopped out for -60 pips right? just got out at +100 pips, looking to go long again at 4800, 100 pip stop
Still Short..... no real break of the 1.4840/50 level.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,815
  • Apr 30, 2009 10:47am Apr 30, 2009 10:47am
long filled at 4800 for 4940
will add more at 4750
stop 4690
  • #130,816
  • Apr 30, 2009 10:57am Apr 30, 2009 10:57am
Graph for daily trend.
Attached Image (click to enlarge)
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Probability Professor
  • #130,817
  • Apr 30, 2009 11:49am Apr 30, 2009 11:49am
Quoting Galation
Without meaning to clog the thread, if anybody wants to add me to MSN or Yahoo Messenger to chat about the markets and exchange ideas, here is my addy [email protected] . Add me if you would like.
Is that whole address your yahoo addy? Or just the first part? I am aliceswabbit on yahoo... Can you add me?
  • #130,818
  • Apr 30, 2009 11:51am Apr 30, 2009 11:51am
Dow was up 100 - now gone negative - now we can have fun
  • #130,819
  • Apr 30, 2009 12:29pm Apr 30, 2009 12:29pm
Quoting tomaz55
long filled at 4800 for 4940
will add more at 4750
stop 4690
A bull in a bear market. What do you see when you look at the charts ?
  • #130,820
  • Apr 30, 2009 12:34pm Apr 30, 2009 12:34pm
Shorts have right of way. Clear break back above 1.4840/50 will see shorties reaccessed. A Break below 1.4700 will spell disaster for cable. Still holding shorts......
Veni, Vidi, Vici (We came, we saw, we conquered)
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