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Cable Update (GBPUSD)

  • #143,101
  • Jul 6, 2009 9:22am Jul 6, 2009 9:22am
Quoting albchr
I'm with you Jack. Finally got my pull back. Just a little one though. 2 lots short at 6207. Already at BE+ (just in case news causes some spikes). 30 pip trailer.
good stuff! it took 3 hrs to get there but we made it haha

patience = money
  • #143,102
  • Jul 6, 2009 9:24am Jul 6, 2009 9:24am
Quoting grashid
oit mckk
  • #143,103
  • Jul 6, 2009 9:25am Jul 6, 2009 9:25am
Jack , why u were asking about my short ?
  • #143,104
  • Jul 6, 2009 9:26am Jul 6, 2009 9:26am
Quoting roreki
when i lose i will post that .


Take care friend

Razor
  • #143,105
  • Jul 6, 2009 9:26am Jul 6, 2009 9:26am
Quoting Razor_trader
We look to have rounded last month at the top of a monthly run and so far the bearish results that have started this month may take hold (time will tell). mid 5000 see some support and fib levels fall there, which one will define the pullback we will see, but Im targetting at least 5600.
5300 here! I like you already hahahaha.
But I suppose taking how price had reacted to the h4 ltl which was posted earlier : http://www.forexfactory.com/showpost...stcount=142952
it seems 6400 level is a possibility for now.
Cheers & good luck with your trading buddy
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Thank You
  • #143,106
  • Jul 6, 2009 9:26am Jul 6, 2009 9:26am
Quoting Zuke
Wise words. If we get bqck down towards 6100, I expect a very very sharp bounce off this level. If I see price on the 5 min chart clearly open and close above the 7EMA? I may close out hqlf my size and leave the rest to run to limit or breakeven
I closed half and left my 6210 open at BE+5 ..

I dont use the 7EMA but if thats your plan stick with it. We had both a buy and a sell opportunity today so there will be another trade.

If 6100 gives out though we should see a strong downmove .. Im with you on a bounce from 6100 but i wont test my luck on a long there.
  • #143,107
  • Jul 6, 2009 9:27am Jul 6, 2009 9:27am
Quoting roreki
Jack , why u were asking about my short ?
was wondering if you were still holding it! i hope so
  • #143,108
  • Jul 6, 2009 9:30am Jul 6, 2009 9:30am
Quoting jack.canadia
was wondering if you were still holding it! i hope so
i still Dr , don't worry we r ur students
  • #143,109
  • Jul 6, 2009 9:31am Jul 6, 2009 9:31am
Quoting Razor_trader


Take care friend

Razor
thnx friend and u take care and happy trading
  • #143,110
  • Jul 6, 2009 9:32am Jul 6, 2009 9:32am
Quoting roreki
i still Dr , don't worry we r ur students
haha ok.. time for another break

back in a bit .
  • #143,111
  • Jul 6, 2009 9:32am Jul 6, 2009 9:32am
Quoting jack.canadia
good stuff! it took 3 hrs to get there but we made it haha

patience = money


Took 1 lot at 6170. Remaining lot locked at +14...still trailing.
Ghost Rider - WWTBMD?
  • #143,112
  • Jul 6, 2009 9:33am Jul 6, 2009 9:33am
Quoting Yogi
SL moved to +5pips

thanks for the heads up
SL hit for a grand total of +5 pips

Today has been one of my best days in a long time only wish it was real and not demo money... thank you all as I felt you have all helped me understand a little bit more today and the last few weeks I've been reading this.

Trades today. +63, +110, +16, +3, +42, +6



have a good night and I will see you all in the morning.
  • #143,113
  • Jul 6, 2009 9:33am Jul 6, 2009 9:33am
Long @1.6169 TP 1.6290-1.6300
Hero Traders Live to see their Accounts Die!
  • #143,114
  • Jul 6, 2009 9:39am Jul 6, 2009 9:39am
Please help to you all, or will go for GBP / USD to sell off?
  • #143,115
  • Jul 6, 2009 9:41am Jul 6, 2009 9:41am
Quoting matjaz1982
Please help to you all, or will go for GBP / USD to sell off?
I dont understand what are u talking about..
  • #143,116
  • Jul 6, 2009 9:42am Jul 6, 2009 9:42am
Quoting matjaz1982
Please help to you all, or will go for GBP / USD to sell off?
H4 38.2%-50% retracement...
U can long with TP @ 23.6% ~ 1.6250
I could be wrong..so do not follow..trade in what your chart say...
Good Luck
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  • #143,117
  • Jul 6, 2009 9:42am Jul 6, 2009 9:42am
lol I thought I was the only one who didn't understand that question
Thank You
  • #143,118
  • Jul 6, 2009 9:46am Jul 6, 2009 9:46am
Quoting simoneg
Long @1.6169 TP 1.6290-1.6300
nice i just noticed this as i came back! i would have closed my short and reversed to long but i remain short.
  • #143,119
  • Jul 6, 2009 9:48am Jul 6, 2009 9:48am
Quoting jack.canadia
nice i just noticed this as i came back! i would have closed my short and reversed to long but i remain short.
Thanks Jack! Watching 1.6238 area.
Hero Traders Live to see their Accounts Die!
  • #143,120
  • Jul 6, 2009 9:48am Jul 6, 2009 9:48am
Quoting jack.canadia
which pivot? i have S2 here
I thought something was odd. My daily pivot was near your S2 level.

Today was the first day I was trying out the Daily Pivots, so the settings were a bit off. I had it set to GMT 0, (but my broker is EST)

I just reset it for GMT 20 and now it's right.

I got out of my long at the daily pivot!! lol
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