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Cable Update (GBPUSD)

  • #190,001
  • Dec 30, 2009 6:10am Dec 30, 2009 6:10am
Quoting Zuke
Im fading you..short at 5850, sl 5875 tp 5800...cannot understand why anyone would long right now
Good Luck Trying to fade me buddy..
I have posted my trades on the DT Thread also...posting my analysis
Let Price determine your future!
  • #190,002
  • Dec 30, 2009 6:12am Dec 30, 2009 6:12am
Quoting Zuke
Im fading you..short at 5850, sl 5875 tp 5800...cannot understand why anyone would long right now
trying to buy bottom
  • #190,003
  • Dec 30, 2009 6:13am Dec 30, 2009 6:13am
Quoting Zuke
Im fading you..short at 5850, sl 5875 tp 5800...cannot understand why anyone would long right now
And it is not anyone who is long here it is only me use the name zuke
Let Price determine your future!
  • #190,004
  • Dec 30, 2009 6:15am Dec 30, 2009 6:15am
Quoting Geppyg
And it is not anyone who is long here it is only me use the name zuke
Me long too TP open SL 1.56
  • #190,005
  • Dec 30, 2009 6:17am Dec 30, 2009 6:17am
the upward momentum is strong
  • #190,006
  • Dec 30, 2009 6:18am Dec 30, 2009 6:18am
Quoting Baby-Trader
Me long too TP open SL 1.56
I am long from good levels...as pointed out and have no issues moving my stops to break even in 10 mins waiting for the hourly to close... once we close above 1.5870 I will be happy.. till then it is patience...
Let Price determine your future!
  • #190,007
  • Dec 30, 2009 6:21am Dec 30, 2009 6:21am
arrrgg this trade is messy and choppy....

just out of curiosity, why are you guys longing this? are you aiming for 10pips or 5 pips or you know that it will go up?
  • #190,008
  • Dec 30, 2009 6:21am Dec 30, 2009 6:21am
time to accumulate
  • #190,009
  • Dec 30, 2009 6:23am Dec 30, 2009 6:23am
Numbers never never never lies
  • #190,010
  • Dec 30, 2009 6:24am Dec 30, 2009 6:24am
Quoting Geppyg
I am long from good levels...as pointed out and have no issues moving my stops to break even in 10 mins waiting for the hourly to close... once we close above 1.5870 I will be happy.. till then it is patience...
I'm long from 1.5870 and will holding it till 1.67 or 1.56
  • #190,011
  • Dec 30, 2009 6:29am Dec 30, 2009 6:29am
Quoting Baby-Trader
I'm long from 1.5870 and will holding it till 1.67 or 1.56
oh! now i get it!
  • #190,012
  • Dec 30, 2009 6:36am Dec 30, 2009 6:36am
Quoting Geppyg
And it is not anyone who is long here it is only me use the name zuke
as words cannot convey feelings...can I just point out that I wasnt making a comment directly towards you or anyone else in a negative way. My point is that I cannot understand why anyone would try to long in such a heavy downtrend.

Hope it works out for both of us...how about a run down to 5700, then a shoot up to 5920?
  • #190,013
  • Dec 30, 2009 6:36am Dec 30, 2009 6:36am
be awere that market is tricky before holiday .
  • #190,014
  • Dec 30, 2009 6:37am Dec 30, 2009 6:37am
Quoting Zuke
as words cannot convey feelings...can I just point out that I wasnt making a comment directly towards you or anyone else in a negative way. My point is that I cannot understand why anyone would try to long in such a heavy downtrend.

Hope it works out for both of us...how about a run down to 5700, then a shoot up to 5920?
Hi Matey,

Did you use to trade on trade2win ?
Let Price determine your future!
  • #190,015
  • Dec 30, 2009 6:41am Dec 30, 2009 6:41am
Quoting atheer1
I am short at 1.5880 SL 1.5900 and TP 1.5800

atheer1
I am out for 3/4 of my position at 1.5835 SL at BE for the rest.

atheer1
atheer1
  • #190,016
  • Dec 30, 2009 6:42am Dec 30, 2009 6:42am
look at the volume at H1 and you will know the truth.
  • #190,017
  • Dec 30, 2009 6:45am Dec 30, 2009 6:45am
Quoting mosheber
be awere that market is tricky before holiday .
Just on a quick note...

First of all Baby-Trader Pointed out bullish mommentum this is not true the mommentum is still bearish on 4H 8H and 12H but the 1H and 2H it has started to point upwards.

I have traded purely based on the 1.5825 Support and not gone long at any other positions as I agree with the bears that why would you go long in such a short trend.I tride price action and a bit of volume

As many of you know if I do take a trade I wait patiently for the extremes but today I could see how quickly the drop was bought into at 32 hence the reason for me to take my longs...

Now seconed to this... the mommentum will start to die out imho as this is the last trading session of the year so personally I cannot see how they will pull this down to figures like -1.5800 again this is my judgement based on trading experiance.

I sincearly wish the bears and bulls good luck for me.
If I dont have a reason to why I have taken a trade shoot me lol

Dear zuke,

No offence taken at all buddy.
Wish you the best of luck in your trade.

P.s when the price hit 70 I will move my stops to break even...My First target is 1.5920. Will Reasess the situation if we get there today...

Good Luck
GeppyG
Let Price determine your future!
  • #190,018
  • Dec 30, 2009 6:46am Dec 30, 2009 6:46am
Quoting Geppyg
Hi Matey,

Did you use to trade on trade2win ?

Yep..still go on from time to time..
  • #190,019
  • Dec 30, 2009 6:47am Dec 30, 2009 6:47am
Quoting Zuke
Yep..still go on from time to time..
Check your pm matey
Let Price determine your future!
  • #190,020
  • Dec 30, 2009 7:05am Dec 30, 2009 7:05am
Welcome back my lovely bulls....
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Olu