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Cable Update (GBPUSD)

  • #161,481
  • Aug 27, 2009 3:41pm Aug 27, 2009 3:41pm
Short Till 1.6130 !
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  • #161,482
  • Aug 27, 2009 3:41pm Aug 27, 2009 3:41pm
Quoting albchr
Thanks GM. Being a simple humble carpenter, I'll have to learn what all those "correlated markets" are. It will all come in time as I'm dedicated to getting this right. At this point, I do "OK" when things are, shall we say, normal?...lol But I can see that learning how to spot (or at least be aware of) possible times like this can really save a guys bacon from getting burnt badly....
I'm sure you will get this right bro because you've got what it takes!

Alright, I'm outta here!
cya...
Hear the music before the song is over ...
  • #161,483
  • Aug 27, 2009 3:51pm Aug 27, 2009 3:51pm
Quoting Hasnaa
Short Till 1.6130 !
OK, now you're just teasing us with all these different avatar pictures (lovely by the way), aren't you......

But I agree overall with more southbound moves. Where did you sell from?

BTW, I have shot pool all my life and simply love the game!
Ghost Rider - WWTBMD?
  • #161,484
  • Aug 27, 2009 4:02pm Aug 27, 2009 4:02pm
Where did you sell from?
1.6291
  • #161,485
  • Aug 27, 2009 4:16pm Aug 27, 2009 4:16pm
Quoting Hasnaa
Where did you sell from?
1.6291
...beat me by a pip. 6290 for me....
Ghost Rider - WWTBMD?
  • #161,486
  • Aug 27, 2009 4:19pm Aug 27, 2009 4:19pm
Quoting albchr
...beat me by a pip. 6290 for me....
Just typical... I look at the chart and think the same thing... I click....
6264

WTF... lol

A pip is only worth it if you know how much you risked to earn it
  • #161,487
  • Aug 27, 2009 4:28pm Aug 27, 2009 4:28pm
Quoting vlady1974
Just typical... I look at the chart and think the same thing... I click....
6264

WTF... lol

HUH? Who's your broker vlady? What was the price quote in the order box when you clicked? Were the spreads varying at the time? We did have an 18 pip instant drop about 30 minutes ago.
Ghost Rider - WWTBMD?
  • #161,488
  • Aug 27, 2009 4:36pm Aug 27, 2009 4:36pm
Time to relax now. I'm outta here and see you in London. Trade well everyone!
Ghost Rider - WWTBMD?
  • #161,489
  • Aug 27, 2009 4:39pm Aug 27, 2009 4:39pm
Quoting Hasnaa
Short Till 1.6130 !
Are you sure Sis? The 4H and 1H are now showing upwards momentum. But what do I know anyway. Good luck.
You've got to be IN IT to WIN IT!
  • #161,490
  • Aug 27, 2009 4:42pm Aug 27, 2009 4:42pm
No suprise at all this bounce so obvious this had a good chance to happen.

daily and 4 hr and this morning price action double bottom everything was setting up for a bounce and maybe a reversal for the next few days.
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  • #161,491
  • Aug 27, 2009 4:44pm Aug 27, 2009 4:44pm
Quoting albchr
HUH? Who's your broker vlady? What was the price quote in the order box when you clicked? Were the spreads varying at the time? We did have an 18 pip instant drop about 30 minutes ago.
Yeah, I fell victim to 2 things... a) being late on the short b) IBFX's ridiculous spread (10pips) for instant execution orders.

The spread wasn't this high last night... maybe something to do with end of month?
A pip is only worth it if you know how much you risked to earn it
  • #161,492
  • Aug 27, 2009 4:58pm Aug 27, 2009 4:58pm
Quoting vlady1974
Yeah, I fell victim to 2 things... a) being late on the short b) IBFX's ridiculous spread (10pips) for instant execution orders.

The spread wasn't this high last night... maybe something to do with end of month?
I have IBFX and you do have to watch them when the market is very slow like this and of course, around news releases. The spreads can get out of hand for sure. But honestly, you shouldn't pull the trigger without "knowing" where they are first.

It was the standard 4 when I pulled the trigger. Right now it's 8...lol Instant or PO doesn't matter.

BTW, I'm at BE +2 already. Have to leave for a while and I'm not taking any chances with this one.

OK, now I'm really out of here. Chow folks.
Ghost Rider - WWTBMD?
  • #161,493
  • Aug 27, 2009 5:18pm Aug 27, 2009 5:18pm
here is some support resistance levels

http://forexforums.dailyfx.com/attac...1&d=1251411443

-----------

support resistance
  • #161,494
  • Aug 27, 2009 6:46pm Aug 27, 2009 6:46pm
Hi Guys,

I opened buy on GBP JPY at price 152.20 TP 153.20 SL 151.50 .For my strategy no trade on GBP USD,today eur-jpy i took 100 pips,sory i didnt post here in forum...



Cheers
"Buy on fear, sell on greed !!!
  • #161,495
  • Edited 8:26pm Aug 27, 2009 7:36pm | Edited 8:26pm
Quoting Bull_Bear
Alarm bell has rang and woke me up. Thought i post a quick one.

I have reversed buys at 1.6210... SL... 1.6140... TP 1.6330.

Back to bed guys.
Morning Guys,

Yup officially sick as a dog.... GM your advice of heapsa water and orange juice did not save me.

I'm adjustin my order above...

SL is now at 1.6175.... TP now 1.6385.

For Dragon, this for the boys.....

TP will be 1.5320.

Catch you guys in the London Session.
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,496
  • Aug 27, 2009 8:58pm Aug 27, 2009 8:58pm
i saw me n bb...mm..1.63...easy 100pips for both side gu n gy ...so now no more flight delay for landing....go ahead
  • #161,497
  • Aug 27, 2009 9:40pm Aug 27, 2009 9:40pm
where's the GBP walk today ?
  • #161,498
  • Edited 10:38pm Aug 27, 2009 10:23pm | Edited 10:38pm
I hold short 1.6299. Confirm goes down ---> H1/H4 should close below 1.6247 ( DP Today - GMT +7 ) first ! ---> 1 st Target !
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I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #161,499
  • Aug 27, 2009 10:50pm Aug 27, 2009 10:50pm
Quoting manize
I hold short 1.6299. Confirm goes down ---> H1/H4 should close below 1.6247 ( DP Today - GMT +7 ) first ! ---> 1 st Target !
I'm with you short w/ first target 1.6247, 2nd at 1.6230, 3rd at 1.6210 before it bounces up these will give time for those currently short to get out before massive push up. By the way Been longing GU since yesterday evening at 1.6160.
  • #161,500
  • Aug 27, 2009 11:38pm Aug 27, 2009 11:38pm
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