Cable Update (GBPUSD)
- #154,323
- Aug 3, 2009 8:24am Aug 3, 2009 8:24am
- | Joined Nov 2008 | Status: Nothing to lose! | 42 Posts
Short cable @ 1.6865 sl 1.6925 tp 1.6770
why do you fight with trend guys?!!
forget down trend it's up now!!! just look at your charts and change your mind, just trade along the trend not against it to survive in the market
good luck
- #154,324
- Aug 3, 2009 8:24am Aug 3, 2009 8:24am
- Joined Jul 2009 | Status: Trader | 7,415 Posts
i don't think so, look at your charts 15 bars ago!!! don't you see an strong divergance again?!!
good luck dude
Thanks for the input I looked at that and thought the same then decided starting 20 bars ago there was a consoladation /pullback that technically did not make it a dirvergence until the last 2 bars.
I have been burned seeing shorts that are not there.
Thanks.
- #154,325
- Aug 3, 2009 8:25am Aug 3, 2009 8:25am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
lol...yep, I have to admit as much as my eyes hurt right now, it sure feels good to be on the right side of this for a Monday....
Hear the music before the song is over ...
- #154,326
- Aug 3, 2009 8:29am Aug 3, 2009 8:29am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Stop moved to 6814
Ghost Rider - WWTBMD?
- #154,329
- Aug 3, 2009 8:32am Aug 3, 2009 8:32am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
I'm totally confused!!!
forget down trend it's up now!!! just look at your charts and change your mind, just trade along the trend not against it to survive in the market
good luck
There's also the stoploss.
Thank You 
- #154,331
- Aug 3, 2009 8:41am Aug 3, 2009 8:41am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #154,332
- Aug 3, 2009 8:43am Aug 3, 2009 8:43am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #154,333
- Aug 3, 2009 8:44am Aug 3, 2009 8:44am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Ghost Rider - WWTBMD?
- #154,335
- Aug 3, 2009 8:48am Aug 3, 2009 8:48am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Only the upcoming NEWS will save the sellers now!
News won't save sellers, stop loss does. And if it spikes down upon the data release, that same stop loss function will save buyers who bought from 6840 level . come on.
Thank You
- #154,337
- Aug 3, 2009 8:52am Aug 3, 2009 8:52am
- Joined Mar 2009 | Status: FX | 3,789 Posts
OK I'm out 6847. I always get suspicious when there's a really slow steady move before news. It almost always seems that it turns hard and fast afterward.
Veni, Vidi, Vici (We came, we saw, we conquered)
- #154,338
- Aug 3, 2009 8:52am Aug 3, 2009 8:52am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #154,339
- Aug 3, 2009 8:54am Aug 3, 2009 8:54am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
lol. You really think some of us selling here are that thick?
News won't save sellers, stop loss does. And if it spikes down upon the data release, that same stop loss function will save buyers who bought from 6840 level . come on.
........ Ghost Rider - WWTBMD?
- #154,340
- Aug 3, 2009 8:55am Aug 3, 2009 8:55am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
After the news could be a pop then a drop .. 
Or the other way around .. haha
Or the other way around .. haha