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Cable Update (GBPUSD)

  • #161,981
  • Aug 31, 2009 9:07am Aug 31, 2009 9:07am
Quoting Inzider
Sometimes i'm wrong, sometimes i'm wright! .....

Good trading day all!
Wow Inzider you mean correction up to 1.6480
  • #161,982
  • Aug 31, 2009 9:09am Aug 31, 2009 9:09am
Hear the music before the song is over ...
  • #161,983
  • Aug 31, 2009 9:14am Aug 31, 2009 9:14am
oh well
my target met soon

will look for a short entry
Lets Soar The Sky
  • #161,984
  • Aug 31, 2009 9:17am Aug 31, 2009 9:17am
Quoting GlobalMacro
Nice work taking her from the low of 1.6220, but I still holing her to the short side
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,985
  • Aug 31, 2009 9:17am Aug 31, 2009 9:17am
Quoting I like steak
Hello guys...the previous hourly candle confirms to me a long bias...and target will be daily pivot of 1.63 ...which is also resistance on daily and weekly pivot...

I am waiting for 1.6180'sh for a long.
Closed for 96 green pips.

Attached Image (click to enlarge)
Click to Enlarge Name: cable31.08.09...target.gif Size: 22 KB
  • #161,986
  • Aug 31, 2009 9:18am Aug 31, 2009 9:18am
wow that's some long candle on my 15 min !

bon jovi forex crew - had a nasty experience on an internet site over the weekend so it's nice to be back with you fine people. I have seen a few little spats on here from time to time but overall it's a great site. Love it

ok back to business - when this thing slows at around 1.63, I will try another short

I already have some around there

The size of this candle right now is intimidating so I will be very careful about it and look at the price action at that time
  • #161,987
  • Aug 31, 2009 9:19am Aug 31, 2009 9:19am
Quoting soartosky
oh well
my target met soon

will look for a short entry
Nice I too already closed my longs for Beer Money now time to have a goodnyt sleep
  • #161,988
  • Aug 31, 2009 9:19am Aug 31, 2009 9:19am
Quoting Bull_Bear
Nice work taking her from the low of 1.6220, but I still holing her to the short side

errr...read back bro.... I took her from the low of 1.6199 and still holding onto her....thanks...
Hear the music before the song is over ...
  • #161,989
  • Aug 31, 2009 9:22am Aug 31, 2009 9:22am
waiting for another signal for short

rsi showing some interesting peak 15m

entered 78
target 35
Lets Soar The Sky
  • #161,990
  • Aug 31, 2009 9:26am Aug 31, 2009 9:26am
Over 80 pips this morning - retrace bounce on the 1st trade from support/lower trendline, went LONG. - TARGET PROFIT - My resistance area @ 6231

2nd trade- 30min/1hr Stohastics going into the buy area, MACD's dying down into positive range- just a matter of time the breakout would occur.. TP = Ride it out till it runs out of steam. CLOSED for 47 pips.

http://img19.imageshack.us/img19/2061/august31st.th.gif

http://img27.imageshack.us/img27/873...st31st2.th.gif
lowest draw down possible please.
  • #161,991
  • Aug 31, 2009 9:32am Aug 31, 2009 9:32am
Quoting GlobalMacro
OK...I am reestablishing my long position here @ 1.6199...
Longs set from 1.6199 earlier this morning playing out very nicely.... 71 pips in the money here @1.6270
Will continue to run the longs....
Attached Image
Hear the music before the song is over ...
  • #161,992
  • Aug 31, 2009 9:36am Aug 31, 2009 9:36am
Quoting GlobalMacro
Longs set from 1.6199 earlier this morning playing out very nicely.... 71 pips in the money here @1.6270
Will continue to run the longs....

what time frame is your charT?
Lets Soar The Sky
  • #161,993
  • Aug 31, 2009 9:39am Aug 31, 2009 9:39am
Quoting soartosky
what time frame is your charT?
I'm sure you're versed enough to determine that by just taking a glance at it...
Hear the music before the song is over ...
  • #161,994
  • Aug 31, 2009 9:42am Aug 31, 2009 9:42am
I'm going to go with H4.
  • #161,995
  • Aug 31, 2009 9:45am Aug 31, 2009 9:45am
Quoting GlobalMacro
I'm sure you're versed enough to determine that by just taking a glance at it...
D...D...Daily!
Don't let the same dog bite you twice. -- Chuck Berry
  • #161,996
  • Aug 31, 2009 9:46am Aug 31, 2009 9:46am
Quoting soartosky
waiting for another signal for short

rsi showing some interesting peak 15m

entered 78
target 35
Why would you SHORT,??? Checkout the technical indicators on the 30min/1hr stohastics/macds... pretty bullish

I don't see any short signal there, I hope you took your 20+ pips before it took out your BE.


You should try entering more 'high probability' setups, as opposed to speculations/guessing..
lowest draw down possible please.
  • #161,997
  • Aug 31, 2009 9:47am Aug 31, 2009 9:47am
Quoting GlobalMacro
I'm sure you're versed enough to determine that by just taking a glance at it...
sorry my bad...
didnt have my glasses on ~~ everything was all blurred
Lets Soar The Sky
  • #161,998
  • Aug 31, 2009 9:48am Aug 31, 2009 9:48am
Quoting pippingFury
D...D...Daily!

Hear the music before the song is over ...
  • #161,999
  • Aug 31, 2009 9:48am Aug 31, 2009 9:48am
Quoting soartosky
sorry my bad...
didnt have my glasses on ~~ everything was all blurred
lol....It's cool...
Hear the music before the song is over ...
  • #162,000
  • Aug 31, 2009 9:51am Aug 31, 2009 9:51am
Quoting ehrek
Why would you SHORT,??? Checkout the technical indicators on the 30min/1hr stohastics/macds... pretty bullish

I don't see any short signal there, I hope you took your 20+ pips before it took out your BE.


You should try entering more 'high probability' setups, as opposed to speculations/guessing..
thanks for your comment, point taken

why did I short ? coz when something boom up and didnt close with full strength, i short. With US session, i only do short timeframe and judge base on price actions. and yes. I did close my short with 17+

the other thing was, RSI was in over bought in 5m. so I took my chances
Lets Soar The Sky
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