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Cable Update (GBPUSD)

  • #187,881
  • Dec 16, 2009 2:00pm Dec 16, 2009 2:00pm
Quoting cloggie
Don't take what I write as advise, just my reading of the tea leaves. Lots in the way of 6189.
I never trade on the advice of other I just reply this way as a funny way.

Cheer...
  • #187,882
  • Dec 16, 2009 2:01pm Dec 16, 2009 2:01pm
Quoting cloggie
Are we looking at the same chart?

* Major support at 6189 on daily
* minor support 6323 on M30, not closed below
* Bottom TL on the Daily
* H1 touching the sma25
* M3 above sma25
* fairly good news so far today in UK
* RSI, Mach and Stoch pointing up on daily.

Adding to my longs.

cloggie it seems like your clogged up with too much details.

simplify it and you will be better off!

Good luck!
  • #187,883
  • Dec 16, 2009 2:04pm Dec 16, 2009 2:04pm
Quoting alex1976
cloggie it seems like your clogged up with too much details.

simplify it and you will be better off!

Good luck!

Thanks kiddo, been only doing this for 23 years.
  • #187,884
  • Dec 16, 2009 2:06pm Dec 16, 2009 2:06pm
Quoting cloggie
Thanks kiddo, been only doing this for 23 years.

anytime cloggster, just remember trend is your friend!
  • #187,885
  • Dec 16, 2009 2:06pm Dec 16, 2009 2:06pm
Quoting Lejumeau
I would interprete this more as a negative sentiment over a fed news annoucement. wich can lead in bear mode since the bull was not so strong , we just came out 150 pip of a ranging market ... so it is still a pretty weak rally up..

This is the way i see it
Well EUR/USD is going down again retesting 1.45. And I think UK news were good but the move was probably helped by thin markets.
I'm expecting the PA to go back to the range of the past few days or at least .625.


I'm short cose I see a strong dollar pullback everywere.
But maybe I'm wrong.
Jacko's turtle
  • #187,886
  • Dec 16, 2009 2:09pm Dec 16, 2009 2:09pm
Quoting alex1976
anytime cloggster, just remember trend is your friend!
Yup and it has been up since spring.
  • #187,887
  • Dec 16, 2009 2:09pm Dec 16, 2009 2:09pm
i wonder why so many posters forget to read the fine print beneath your (or any other seasoned trader's ) signature.. like your stats...great going cloggie, i am following your stats.



Quoting cloggie
Thanks kiddo, been only doing this for 23 years.
  • #187,888
  • Dec 16, 2009 2:10pm Dec 16, 2009 2:10pm
Quoting coolshades
i wonder why so many posters forget to read the fine print beneath your (or any other seasoned trader's ) signature.. like your stats...great going cloggie, i am following your stats.

Dont be a follower, be a leader!!
  • #187,889
  • Dec 16, 2009 2:13pm Dec 16, 2009 2:13pm
Quoting Mr.C
Respect everyone. My first post here.
A triangle on GU (H1, H4). Jumped in with a long position at 1.6312 with a 30 pip SL (1% of my account). Targeting ~1.6485 (DIV).
Skipped the trade at 1.6363 with a 51 pip profit (2% of my account) after the market has formated an ascending channel on GU and a different scenario appeared.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd_091206_H4.gif Size: 11 KB
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #187,890
  • Dec 16, 2009 2:13pm Dec 16, 2009 2:13pm
Quoting zumzum
Well EUR/USD is going down again retesting 1.45. And I think UK news were good but the move was probably helped by thin markets.
I'm expecting the PA to go back to the range of the past few days or at least .625.


I'm short cose I see a strong dollar pullback everywere.
But maybe I'm wrong.
Not wrong....
  • #187,891
  • Edited 2:32pm Dec 16, 2009 2:21pm | Edited 2:32pm
It looks like to me that we are out of the range finally! I will be waiting for an uptrend tomorrow maybe make back those 30+pips I lost today DOH!

As long as we don't break the 23.6 fibo line (1.6280ish) that is where my sentiment will be...

GL all
Attached Image (click to enlarge)
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  • #187,892
  • Dec 16, 2009 2:21pm Dec 16, 2009 2:21pm
going up boys. long at 1.63111. sl 63 pips. pt 120 pips. see ya when i get there.
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #187,893
  • Dec 16, 2009 2:23pm Dec 16, 2009 2:23pm
Alserene,

What happened to the Pic' of that birdee
on there? Is that your smiling self w/glee on your
Pic now?
Maybe you gloating over all that oil,
And i think "Airplane Stock" if i remember right,
you bought about year ago, you had mentioned a while back?-!

Hope all is well... 'Trying to go back & forth to
find the right Thread, where all the "Peep's" went!
Asta,
Happy Trading,

Jeff... !
I will work to Objectively Identify my Edges
  • #187,894
  • Dec 16, 2009 2:26pm Dec 16, 2009 2:26pm
Quoting maxss280
It looks like to me that we are out of the range finally! I will be waiting for an uptrend tomorrow maybe make back those 30+pips I lost today DOH!

As long as we don't break the 23.6 fibo line (1.6280ish) that is where my sentiment will be...

GL all
you and your sentiment, heh heh heh heh heh
  • #187,895
  • Dec 16, 2009 2:35pm Dec 16, 2009 2:35pm
Quoting zamzen
you and your sentiment, heh heh heh heh heh
Yeup fell for playing the range again . Just wish I didn't just increase my lot size .

Its all good I will get them back eventually lol
  • #187,896
  • Dec 16, 2009 2:41pm Dec 16, 2009 2:41pm
Quoting maxss280
Yeup fell for playing the range again . Just wish I didn't just increase my lot size .

Its all good I will get them back eventually lol

it happens man...good for you man..at least you have managed to got them back...but my case, i was positive 65pips, but now it becomes -84 pips, expect this pair to go north again
-happyTrading-myFx.
  • #187,897
  • Dec 16, 2009 2:46pm Dec 16, 2009 2:46pm
Quoting myfx
it happens man...good for you man..at least you have managed to got them back...but my case, i was positive 65pips, but now it becomes -84 pips, expect this pair to go north again
If you are up 65 pips, how about putting a SL above BE somewhere? Don't throw away 65 pips only to let it go 85 pips in the hole.
  • #187,898
  • Dec 16, 2009 2:49pm Dec 16, 2009 2:49pm
Quoting cloggie
If you are up 65 pips, how about putting a SL above BE somewhere? Don't throw away 65 pips only to let it go 85 pips in the hole.
you are right man...but i was away from my pc for couple of hours..everything happened during that period..thanks anyway man.
-happyTrading-myFx.
  • #187,899
  • Dec 16, 2009 2:50pm Dec 16, 2009 2:50pm
Quoting myfx
you are right man...but i was away from my pc for couple of hours..everything happened during that period..thanks anyway man.

Then be safe, put on a TS or do what I do, carry a PDA or be darn sure where she goes.
  • #187,900
  • Dec 16, 2009 2:54pm Dec 16, 2009 2:54pm
Quoting cloggie
Then be safe, put on a TS or do what I do, carry a PDA or be darn sure where she goes.
thanks man....keeping an eye on this trade now.
-happyTrading-myFx.
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