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Cable Update (GBPUSD)

  • #149,281
  • Jul 22, 2009 7:49am Jul 22, 2009 7:49am
Quoting wormboy
Here's another possible trigger from a very low tf.
Too easy

Close of which candle H1,h4 or M30??
  • #149,282
  • Jul 22, 2009 7:52am Jul 22, 2009 7:52am
Quoting wormboy
Well if it helps, that spike triggered my PO too
To sell I hope. That way you're REALLY rubbing it in....LOL

NO, I haven't reached any decisions yet. A close below 6380 and I'll probably short. A close above and I'll have to watch PA for a bit.
Ghost Rider - WWTBMD?
  • #149,283
  • Jul 22, 2009 7:53am Jul 22, 2009 7:53am
Quoting albchr
Yeah I feel pretty silly about missing that boat. I know you like to scale into positions. If I may ask, what are each of those positions worth?
a minilot and DEMO. i had a drawdown of 300$, this would crack my head live i think. i would alrdy had closed them with loss i think, thats what i did live in the past. too small account, overleveraged ect. but i now was confident about this and with a bigger account its ok (8k$) have this "small" drawdown.

hope to grab some nice pips now, dont be worried.. u alrdy made a ton last night/morning - LIVE. thats what i would think..

sly


edit: closed
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 17 KB
  • #149,284
  • Jul 22, 2009 7:58am Jul 22, 2009 7:58am
Quoting slykyn
dont be worried.. u alrdy made a ton last night/morning - LIVE. thats what i would think..

sly
True and I don't want to seem greedy but, the more I can make, the pickier I can be about setups down the road. If I can cover the bills in say the first two weeks of the month. Then I can relax more because I don't "have" to trade. Makes being patient for the right triggers MUCH easier...LOL
Ghost Rider - WWTBMD?
  • #149,285
  • Jul 22, 2009 8:01am Jul 22, 2009 8:01am
Dont forget to adjust your trendlines with the new spike through > I dont want to see any hindsight trades (but keep the old one, as its still reacing to it)
  • #149,286
  • Jul 22, 2009 8:02am Jul 22, 2009 8:02am
we have hit that support level again....
Keep It Simple Stupid
  • #149,287
  • Jul 22, 2009 8:08am Jul 22, 2009 8:08am
Quoting direct-trade
The way you worded your response made me laugh. I totally agree, why wait to buy when you can sell...
lol okay. was a bit lost there
Thank You
  • #149,288
  • Jul 22, 2009 8:08am Jul 22, 2009 8:08am
Hi guys, Now I will go 1.6390 to sell TP 1,6350
  • #149,289
  • Jul 22, 2009 8:09am Jul 22, 2009 8:09am
Quoting Alastair
we have hit that support level again....
Which support?
In all your ways acknowledge Him and He will direct your path.
  • #149,290
  • Jul 22, 2009 8:13am Jul 22, 2009 8:13am
Quoting OmegaFire
Which support?
take a chart, 15m 1 hr etc, look back how many times it has been support or resistance, since we have briefly come down the last couple mins i do think it may offer some support.
Keep It Simple Stupid
  • #149,291
  • Jul 22, 2009 8:14am Jul 22, 2009 8:14am
Quoting albchr
To sell I hope. That way you're REALLY rubbing it in....LOL

NO, I haven't reached any decisions yet. A close below 6380 and I'll probably short. A close above and I'll have to watch PA for a bit.
yea lol sell. no buy for me today. doesn't look good.
later bro, dinner
Thank You
  • #149,292
  • Jul 22, 2009 8:15am Jul 22, 2009 8:15am
Quoting albchr
To sell I hope. That way you're REALLY rubbing it in....LOL

NO, I haven't reached any decisions yet. A close below 6380 and I'll probably short. A close above and I'll have to watch PA for a bit.
Hi Albchr,
It was a 50/50 thing between Long & Short, so went Short @ 6388.
What do u think should be my probble SL and TP in case it tanks. I need to leave the PC for while.
In all your ways acknowledge Him and He will direct your path.
  • #149,293
  • Jul 22, 2009 8:16am Jul 22, 2009 8:16am
gu support broken ... and i closed. grr. but still handsome profit.

edit: or not? anyhow, i am out
sly
  • #149,294
  • Jul 22, 2009 8:25am Jul 22, 2009 8:25am
Quoting albchr
To sell I hope. That way you're REALLY rubbing it in....LOL

NO, I haven't reached any decisions yet. A close below 6380 and I'll probably short. A close above and I'll have to watch PA for a bit.
There are tons of resistance at 1.6450 area .. that's why it has traded back down. Daily is still bearish, most likely it would trade down again but could be slow or just ranging until London close .. maybe ..
  • #149,295
  • Jul 22, 2009 8:26am Jul 22, 2009 8:26am
Sell [email protected] [email protected] [email protected]
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #149,296
  • Jul 22, 2009 8:30am Jul 22, 2009 8:30am
Quoting wormboy
or you can just wait for close below 6380 and short again.
i am a constant lurker. u are very right wb. immediately after this post, it happened
cheers
fh
  • #149,297
  • Jul 22, 2009 8:32am Jul 22, 2009 8:32am
still have my shorts from 1.6439 , 409 , 378
SL : No StopLose
TP : Opened (( till i say enough ))
  • #149,298
  • Jul 22, 2009 8:35am Jul 22, 2009 8:35am
Quoting Yngwie
Sell [email protected] [email protected] [email protected]
I had exactly the same order placed but I pulled it. gah

us equities are rallying upwards (closing the gap I suppose?), hopefully it will bring GU up again so I can get in short at a better level
  • #149,299
  • Jul 22, 2009 8:37am Jul 22, 2009 8:37am
details
Attached Image (click to enlarge)
Click to Enlarge Name: gh.gif Size: 20 KB
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  • #149,300
  • Jul 22, 2009 8:38am Jul 22, 2009 8:38am
long here. aiming for 73
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