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Cable Update (GBPUSD)

  • #158,801
  • Edited 10:17am Aug 18, 2009 10:17am | Edited 10:17am
Quoting allserene
lots of fun at the mo on shares and forex - just noticed i am making money recently

I like it when its active - when its stalled, i tend to forecast the next move which isnt even showing - bad idea as Arnie would say

If conditions dont suit me i will stay out in future coz I am ok right now

ok just made good stuff on euro long and now switching to cable short but my mouse is fuelled and ready to eject
. Ive just parachuted out of a short. Its fighting the trend. Lucky - cost me 1 pip. Good luck
  • #158,802
  • Aug 18, 2009 10:17am Aug 18, 2009 10:17am
Nice ride, took a long at 1.6408 yesterday til 1.6525... well!

Short now at 1.6530!
Target 1.6444 Sl 50 pips!

Let's see!!!!
  • #158,803
  • Aug 18, 2009 10:21am Aug 18, 2009 10:21am
Quoting Barry Cade
. Ive just parachuted out of a short. Its fighting the trend. Lucky - cost me 1 pip. Good luck
I agree it's safest to go with the trend but I can't resist a contra play on a big move

If it works then i wont be in for long
If it doesn't work I won't be in for long
  • #158,804
  • Aug 18, 2009 10:27am Aug 18, 2009 10:27am
Quoting I like steak
missed out on break below 1.64 today, but given that we did not go all the way to 1.6220 another opportunity at 1.64 may come to short for 1.6220.

That is my plan = we reach the red arrow = I short...
I think we may be hitting weekly pivot PP resistance...shorting now for nearest support to the green arrow ...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 4h 18.08.09...gif Size: 28 KB
  • #158,805
  • Aug 18, 2009 10:33am Aug 18, 2009 10:33am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Even all your indicators are pointing UP, why are you shorting now?

67000, that where you want to go short. It's strongly bullish!!
I had a short poisition at 64800 which I cancelled then 65500 again I cancelled. Now 66500-67000.

Unless you use 100 pip SL, I wouldn't recommend. This is my opinion though. Just a friendly advice, rest is upto you to follow.

Sometimes we need to see things from far to realize, that's it :-)




Quoting I like steak
I think we may be hitting weekly pivot PP resistance...shorting now for nearest support to the green arrow ...
  • #158,806
  • Aug 18, 2009 10:35am Aug 18, 2009 10:35am
Quoting ams
All your indicators are pointing UP, why are you shorting now?
It's not the time to short.

Unless you use 100 pip SL, I wouldn't recommend. This is my opinion though. Just a friendly advice, rest is upto you to follow.
I agree. The 1H chart is showing an uptrend to maybe 1.66 - 1.6650.
You've got to be IN IT to WIN IT!
  • #158,807
  • Aug 18, 2009 10:39am Aug 18, 2009 10:39am
now I confuse... it's going north or south after H:1.6570? plz advice, it break any resistance?
  • #158,808
  • Aug 18, 2009 10:42am Aug 18, 2009 10:42am
adding to short at 65702

I am only looking for a drop to 6500

ok it's bullish but it needs a little rest every now and then - I know I do
  • #158,809
  • Aug 18, 2009 10:43am Aug 18, 2009 10:43am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Now that makes some sense!!

My doubt, going below 65300 seems very hard for now...





Quoting allserene
adding to short at 65702

I am only looking for a drop to 6500

ok it's bullish but it needs a little rest every now and then - I know I do
  • #158,810
  • Aug 18, 2009 10:43am Aug 18, 2009 10:43am
Quoting Forbes55
where are your "dead bulls" now???
I told you in the morning
wow, you the man
what's the next move guru nanak? can you tell me what to do next??
Thank You
  • #158,811
  • Aug 18, 2009 10:44am Aug 18, 2009 10:44am
Quoting okie
now I confuse... it's going north or south after H:1.6570? plz advice, it break any resistance?
its strong resistance

lets see if its breach.
  • #158,812
  • Aug 18, 2009 10:45am Aug 18, 2009 10:45am
Quoting Inzider
Nice ride, took a long at 1.6408 yesterday til 1.6525... well!

Short now at 1.6530!
Target 1.6444 Sl 50 pips!

Let's see!!!!

Muhahah! 1 pips to my SL!
It should be a sign , LOLLLLLL

Added little lot at 1.6570, (88.6% of last move 1h)
Wider stop, going to camping for rest of the day.

Geez its hot here!!!


Good trade all!!!!
  • #158,813
  • Aug 18, 2009 10:45am Aug 18, 2009 10:45am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
apologies to anyone who was shorting, my friggin short order @65500 got kicked, for some reason it didn't get cancelled.....


I am embarassed and pis*** off.

Someone wants to join hand in loses and short now :-)
  • #158,814
  • Aug 18, 2009 10:46am Aug 18, 2009 10:46am
Quoting grashid
...i would prefer to take my cigarate atm...6570-66 only am wake up
  • #158,815
  • Aug 18, 2009 10:46am Aug 18, 2009 10:46am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts





Quoting wormboy
wow, you the man
what's the next move guru nanak? can you tell me what to do next??
  • #158,816
  • Aug 18, 2009 10:47am Aug 18, 2009 10:47am
Quoting wormboy
wow, you the man
what's the next move guru nanak? can you tell me what to do next??
Azim, you don"t need him, you only have to ask the :


" Magic 8 Ball "

Try it, you'll see you won't need TA anymore!
Muahahha!
  • #158,817
  • Aug 18, 2009 10:47am Aug 18, 2009 10:47am
oh no
i close my buy on gu too early
altough i already get 100 pip on gu, but if i hold for last hour i can get another 100 pip
dont mean to be greedy but want to cut lost on pair gj after float since last week
  • #158,818
  • Aug 18, 2009 10:48am Aug 18, 2009 10:48am
Quoting wormboy
wow, you the man
what's the next move guru nanak? can you tell me what to do next??
LOL
HIT THE BED
  • #158,819
  • Aug 18, 2009 10:51am Aug 18, 2009 10:51am
guys i'm planning to enter short. what do u all think ?
  • #158,820
  • Aug 18, 2009 10:52am Aug 18, 2009 10:52am
Quoting wormboy
wow, you the man
what's the next move guru nanak? can you tell me what to do next??
guru nanak di bantainya ...
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