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Cable Update (GBPUSD)

  • #186,001
  • Dec 4, 2009 4:28am Dec 4, 2009 4:28am
Quoting Jemmy
buy stop @1.6620 , SL=1.6585

what are you doing in there, you better hope its safe around there to enter more long....
  • #186,002
  • Dec 4, 2009 4:37am Dec 4, 2009 4:37am
Whichever way the price will come out of this tri. I will go with it
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 11 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #186,003
  • Dec 4, 2009 4:43am Dec 4, 2009 4:43am
Quoting samdani786
Whichever way the price will come out of this tri. I will go with it
I'm looking at same triangle on my charts but cautious of entering before Non Farm figs come out...think we may just see some ranging till then....but now I've said that it will probably break
The hardest way to make an easy living.....
  • #186,004
  • Dec 4, 2009 4:43am Dec 4, 2009 4:43am
Quoting fendi
what are you doing in there, you better hope its safe around there to enter more long....
it has been triggered..hope to find 1.6670 before news..
Patience + Discipline =
  • #186,005
  • Dec 4, 2009 4:56am Dec 4, 2009 4:56am
Quoting trader74
I'm looking at same triangle on my charts but cautious of entering before Non Farm figs come out...think we may just see some ranging till then....but now I've said that it will probably break
you r right . I forgot about that soooooooooo me go to sleep for couple of hour so see you friends then .

The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #186,006
  • Dec 4, 2009 4:59am Dec 4, 2009 4:59am
Touched 61% fib. Stocks made bull trap. FTSE100 need short squeeze to 31% fib.
Seems fake brake out.
  • #186,007
  • Dec 4, 2009 5:02am Dec 4, 2009 5:02am
Quoting Jemmy
it has been triggered..hope to find 1.6670 before news..

Not bad, i think 1.6660 looks better
  • #186,008
  • Dec 4, 2009 5:07am Dec 4, 2009 5:07am
Quoting fendi
Not bad, i think 1.6660 looks better
oke I follow your suggestion..set TP=1.6660..
Patience + Discipline =
  • #186,009
  • Dec 4, 2009 5:10am Dec 4, 2009 5:10am
thinking...
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.PNG Size: 34 KB
  • #186,010
  • Dec 4, 2009 5:14am Dec 4, 2009 5:14am
Quoting Jemmy
oke I follow your suggestion..set TP=1.6660..
Moving SL to BE..SL=1.6620 ; TP=1.6660
Patience + Discipline =
  • #186,011
  • Dec 4, 2009 5:16am Dec 4, 2009 5:16am
I chickened out and exited with 19.2 pips. I'm used to scalping, this holding for more than an hour is killing my nerves!!!!!
  • #186,012
  • Dec 4, 2009 5:17am Dec 4, 2009 5:17am
follow where? hell or heaven...
Quoting Jemmy
Moving SL to BE..SL=1.6620 ; TP=1.6660
  • #186,013
  • Dec 4, 2009 5:20am Dec 4, 2009 5:20am
cable can touch 1.4 levels in coming next month anyone agree about that..?
  • #186,014
  • Dec 4, 2009 5:27am Dec 4, 2009 5:27am
Quoting Jemmy
oke I follow your suggestion..set TP=1.6660..

Yes R1-1.6660-62 would close some, but not all, still looking now for more up trend to R2
  • #186,015
  • Dec 4, 2009 5:28am Dec 4, 2009 5:28am
Quoting samdani786
Good Luck Bro .
Thanx Bro! You in?
May the forex be with you |
  • #186,016
  • Dec 4, 2009 5:33am Dec 4, 2009 5:33am
Quoting fendi
Yes R1-1.6660-62 would close some, but not all, still looking now for more up trend to R2
only small size..I will close all if touched TP and waiting news incoming..btw my daily R1=1.6669..
Patience + Discipline =
  • #186,017
  • Dec 4, 2009 5:34am Dec 4, 2009 5:34am
Quoting thetruthspy
just past 6616...
should heading up to 6663....
buy at 1.6620 with tight SL at pivot...
stopped early at 6645...
preparation for NFP...
so away from market...
  • #186,018
  • Dec 4, 2009 6:14am Dec 4, 2009 6:14am
Quoting Jemmy
Moving SL to BE..SL=1.6620 ; TP=1.6660
1.6660..mission accomplished....profit=40pips..
Patience + Discipline =
  • #186,019
  • Dec 4, 2009 6:28am Dec 4, 2009 6:28am
i should have listened to you :-)

i am unfortunately in a short position but i will hold it because i think it cannot accept this floating losses and i think that the cable cannot go much north now.

any other opinions? you guys think it can continue north??

thanks,

andrei
  • #186,020
  • Dec 4, 2009 6:41am Dec 4, 2009 6:41am
Quoting Jemmy
1.6660..mission accomplished....profit=40pips..

Cool, Still watching to see this reach R2..... Hope the news takes it there esle close is better for today. Made pips all over, only E/U looking us in the eye..... Know all of emm would move there ass
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