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Cable Update (GBPUSD)

  • #185,821
  • Dec 3, 2009 11:10am Dec 3, 2009 11:10am
been a hard week so far

got total +60 pips after all the hastle... however i still hold 2 trades with a sum of -32...

looking for a retrace on USDJPY and GBPJPY to close both for -70 + 400= 330 minimum.. might have to wait for next week for that
When life gives you lemons, make lemonade
  • #185,822
  • Dec 3, 2009 11:11am Dec 3, 2009 11:11am
Quoting allserene
Cos where it all comes from is a mystery,
It's like the changin' of the seasons,
And the tides of the sea.
But here's the one that's drivin' me beserk,
Why do only fools and horses work?
La-la-la
La-lala-la
La-la-la
La-lala-la.
  • #185,823
  • Dec 3, 2009 11:13am Dec 3, 2009 11:13am
fighting bulls and bears, struggle..
Attached Image (click to enlarge)
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lowest draw down possible please.
  • #185,824
  • Dec 3, 2009 11:29am Dec 3, 2009 11:29am
Went in short this morning @ 8am GMT once the inner trendline (1hr chart) was broken. Im still in the trade +119 pips. Hoping it will break the 1.6550, im staying in short for a bit have already locked in 85 pips worth of profits... yippee ...
  • #185,825
  • Dec 3, 2009 11:39am Dec 3, 2009 11:39am
US lanch time almost over - time to go up?
  • #185,826
  • Dec 3, 2009 11:49am Dec 3, 2009 11:49am
S1 pivot + 50% fib at 1.6556 !
  • #185,827
  • Dec 3, 2009 11:49am Dec 3, 2009 11:49am
We hit a bump in the bear road

Nice confluent support, with ascending TL..

Who is back on the bull train?

woo wooo! chuga chuga chuga chuga, choo choo!
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lowest draw down possible please.
  • #185,828
  • Dec 3, 2009 11:52am Dec 3, 2009 11:52am
gone long at 6560, will add till 6550, with sl below 6550, aiming for move back to 6590! all time frames are oversold there should be some bounce
  • #185,829
  • Dec 3, 2009 11:53am Dec 3, 2009 11:53am
waiting for the last spike to this bump, then bon appetite big guys
  • #185,830
  • Dec 3, 2009 12:03pm Dec 3, 2009 12:03pm
There are 3H fibonacci, which can push up G/U, so Im long too with target 1.6620.
  • #185,831
  • Dec 3, 2009 12:10pm Dec 3, 2009 12:10pm
Hi everyone. Got screwed yesterday on both trades. Back again

Dragon

PO sell stop at 14595. Lets see
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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,832
  • Dec 3, 2009 12:25pm Dec 3, 2009 12:25pm
Quoting samdani786
Hi everyone. Got screwed yesterday on both trades. Back again

Dragon

PO sell stop at 14595. Lets see
G/J is in range for couple hours (146.00 - 146.50) but i don't think its good idea if you put short order in there , because maybe it will hunt by fake breakout...
  • #185,833
  • Dec 3, 2009 12:34pm Dec 3, 2009 12:34pm
doomed cable update
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  • #185,834
  • Dec 3, 2009 12:35pm Dec 3, 2009 12:35pm
Quoting FXAdvice
G/J is in range for couple hours (146.00 - 146.50) but i don't think its good idea if you put short order in there , because maybe it will hunt by fake breakout...
Hi FXadvice. Thanks for ur advice man. Thats y i like to be here and post cause sometimes i cant see what other good traders can see and advice.
Thanks again and Good luck with ur Trades
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,835
  • Dec 3, 2009 12:39pm Dec 3, 2009 12:39pm
And Im buying the stairway to heaven
  • #185,836
  • Dec 3, 2009 12:40pm Dec 3, 2009 12:40pm
Quoting kill56
doomed cable update
It can be bull trap and then sort squeeze in final leg to 1.6550. Only after that it will go up. I think - don't follow.

Hunting for stops right now.
  • #185,837
  • Dec 3, 2009 12:42pm Dec 3, 2009 12:42pm
Quoting samdani786
Hi FXadvice. Thanks for ur advice man. Thats y i like to be here and post cause sometimes i cant see what other good traders can see and advice.
Thanks again and Good luck with ur Trades
your welcome mate...
  • #185,838
  • Dec 3, 2009 12:43pm Dec 3, 2009 12:43pm
Quoting aim
It can be bull trap and then sort squeeze in final leg to 1.6550. Only after that it will go up. I think - don't follow.

Hunting for stops right now.

true bro but the sl 16540 thanks
  • #185,839
  • Dec 3, 2009 12:44pm Dec 3, 2009 12:44pm
still bernanke spe farting dam it
  • #185,840
  • Dec 3, 2009 1:09pm Dec 3, 2009 1:09pm
Quoting kill56
still bernanke spe farting dam it
do you get any other indicator from Lion chart?
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