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Cable Update (GBPUSD)

  • #188,361
  • Dec 18, 2009 9:27am Dec 18, 2009 9:27am
Quoting FXTheOne
Come on Bear.. break the uptrend line, break it
Hey, the bear followed me Cheerrrrrr you guyss
  • #188,362
  • Dec 18, 2009 9:30am Dec 18, 2009 9:30am
support level @ 6123
  • #188,363
  • Dec 18, 2009 9:31am Dec 18, 2009 9:31am
  •  melba
  • | Joined Nov 2009 | Status: ...just surfing the wave... | 97 Posts
Quoting melba
....for me , market not very easy to read right now , so i'm going to stick to the view of a trending down market , broke 1.62 ytd, went down to 1.61 , bounced back to 1.62/16250 for confirmation , and now back under 1.62 .........so going short again at 16180 , sl 16215, targ 161 .....
of course could be compleeeetly wrooong ........will see.......

....moved my sl to be at 16180 , no fix targ , waiting to see what happens around 1.61.........
  • #188,364
  • Dec 18, 2009 9:41am Dec 18, 2009 9:41am
this could be wave 2 finished at 1.6118 to start wave 3 to the upside as 1.6118 76.4 of rally 1.6083 and 1.6246
  • #188,365
  • Dec 18, 2009 9:41am Dec 18, 2009 9:41am
weekly s1 = 6115 is the last bull standing..go bears attack..
Patience + Discipline =
  • #188,366
  • Dec 18, 2009 9:42am Dec 18, 2009 9:42am
Quoting TheGabriel
I'm seeing this top at 6250 and big volume was withdrawn to me so I'm seeing this down from now.

As soon as I've seen it i removed my stop loss, this looked fake from the start... and it's nothing we haven't already seen. If I'd be a nasty hedge fund with big & damn i'd sell this big time. My sells are still opened on AUD and GBP, same thing happened. this is about the dollar to me.
Can't say we (malcom too) didn't say it will go down...
"Hate the sin, love the sinner." - Gandhi
  • #188,367
  • Dec 18, 2009 9:45am Dec 18, 2009 9:45am
I took profit for all 3 of my short orders at 6115...... Good luck to everyone
  • #188,368
  • Dec 18, 2009 9:45am Dec 18, 2009 9:45am
Target hit @ 1.6113
See you all Monday hopefully the low Christmas volume does not make us range all week

GL
Quoting maxss280
Looks like we maybe continuing down soon. Just waiting for confirmation.

Just got my confirmation I have signals on 30, 15, 5, 1 minute charts for short

Short @ 1.6163
TP @ 1.6113
SL @ 1.6213
  • #188,369
  • Dec 18, 2009 9:47am Dec 18, 2009 9:47am
Great night

Shorted pre-eruo, nice long during euro session, and a short to top it off in the london session after the fake out
Attached Image(s) (click to enlarge)
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lowest draw down possible please.
  • #188,370
  • Dec 18, 2009 9:50am Dec 18, 2009 9:50am
Quoting scurt
going [email protected] sl6210 tp6100
TP hit, see ya at monday
  • #188,371
  • Dec 18, 2009 9:53am Dec 18, 2009 9:53am
Quoting Jemmy
short @6145 TP=6090..
6090..good job by the bears..
Patience + Discipline =
  • #188,372
  • Dec 18, 2009 9:55am Dec 18, 2009 9:55am
In my country farm, i laid me out my big fat bull to graze and lo!! in the dead of the night came the bear! OH!! WICKED GRIZZLY BEAR!! and did my succulent bull eat. Leaving me nothing but bones and skins for the winter. Now i got no cheese to eat
SCARED MONEY NEVER DOES GOOD IN FOREX
  • #188,373
  • Dec 18, 2009 9:56am Dec 18, 2009 9:56am
Took my profits on the sell, I'm out
"Hate the sin, love the sinner." - Gandhi
  • #188,374
  • Dec 18, 2009 9:56am Dec 18, 2009 9:56am
  •  melba
  • | Joined Nov 2009 | Status: ...just surfing the wave... | 97 Posts
Quoting melba
....moved my sl to be at 16180 , no fix targ , waiting to see what happens around 1.61.........
...closed at 16085...+95pips ...dont want to be too greedy!.......would love a bounce to 16140 to short it again ....
  • #188,375
  • Dec 18, 2009 10:00am Dec 18, 2009 10:00am
Hello,

TP hit at 1.6090 for +140 pips,nice end of the week.

atheer1
atheer1
  • #188,376
  • Dec 18, 2009 10:08am Dec 18, 2009 10:08am
wao, 6065..seem that we out too early
  • #188,377
  • Dec 18, 2009 10:10am Dec 18, 2009 10:10am
I hope everyone didn't start their break early?

Low liquidity + patience = opportunities.

I'll be working on Xmas eve 'til they shut the servers off.
  • #188,378
  • Dec 18, 2009 10:10am Dec 18, 2009 10:10am
Quoting TheGabriel
Took my profits on the sell, I'm out
Thank u Gabriel. İf i didn't listen u when GU @ 6220. i lost my account . But now i took % 20 of my account. Thank u. Have a nice weekend
  • #188,379
  • Edited 11:34am Dec 18, 2009 10:12am | Edited 11:34am
Hello, bears are very angry,just as I said very violent break,isn't it?


atheer1
atheer1
  • #188,380
  • Dec 18, 2009 10:14am Dec 18, 2009 10:14am
Quoting FXTheOne
wao, 6065..seem that we out too early
Yah lol seems we did get out way too early.

I didn't expect such a big move with no major news?

Ah well better safe then sorry
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