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Cable Update (GBPUSD)

  • #190,721
  • Jan 5, 2010 1:11am Jan 5, 2010 1:11am
Quoting manize
Went long 1.6037 !
Avril Lavigne said "I'm with u" ~
Guide me please
  • #190,722
  • Jan 5, 2010 1:14am Jan 5, 2010 1:14am
Quoting manize
Be informed, my target is only + 40 pips/day, may reversed down again when touches 1.6068/81 !
I see probably between 40 to 66 pips. That would retrace it to the 100 fib or 61.8 fib. As always I have my trailing stop on so I am not worried about it. Worst I can do now is 25 pips. Added on to my 176 for the day makes for a pretty good day.
  • #190,723
  • Jan 5, 2010 1:15am Jan 5, 2010 1:15am
Quoting adie1976
Avril Lavigne said "I'm with u" ~
Pay attention 1.6068/81, hold or close surround there, up to you !
Attached Image (click to enlarge)
Click to Enlarge Name: 050110a.gif Size: 84 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #190,724
  • Jan 5, 2010 1:16am Jan 5, 2010 1:16am
  •  melba
  • | Joined Nov 2009 | Status: ...just surfing the wave... | 97 Posts
sold it at 6068.....no tp for now .......we'll see...
  • #190,725
  • Jan 5, 2010 1:16am Jan 5, 2010 1:16am
Quoting Ctic
May not be but I do think may see temporary pause for a retrace. May not be much of one. May be complete reversal. Time will tell. Hanging out at the 4H 161.8 bouncing to the 138.2.
Ctic where did u get the signals of your chart from?
  • #190,726
  • Jan 5, 2010 1:17am Jan 5, 2010 1:17am
Quoting Ctic
I see probably between 40 to 66 pips. That would retrace it to the 100 fib or 61.8 fib. As always I have my trailing stop on so I am not worried about it. Worst I can do now is 25 pips. Added on to my 176 for the day makes for a pretty good day.
Happy trading bro !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #190,727
  • Jan 5, 2010 1:20am Jan 5, 2010 1:20am
Quoting bonus76
Ctic where did u get the signals of your chart from?
Bonus,

The main thing that all my charts revolve around is the fibonacci retracements. Without those, its just a bunch of useless crap. The other indicators simply show me at quick glance highs and lows and channels, so I don't have to search for them. In addition, I have a seperate compression chart that I use. But the indicators here I found in FF a long time ago posted by TRO.
  • #190,728
  • Jan 5, 2010 1:21am Jan 5, 2010 1:21am
dear bulls dnt get carried away. Its just a retracement.:d
SCARED MONEY NEVER DOES GOOD IN FOREX
  • #190,729
  • Jan 5, 2010 1:22am Jan 5, 2010 1:22am
Quoting melba
sold it at 6068.....no tp for now .......we'll see...
No forget put SL at least a few bit above 1.6081 or 1.6135 ! Who want succeed should dare loss, loss is a part of trade !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #190,730
  • Jan 5, 2010 1:22am Jan 5, 2010 1:22am
Quoting melba
sold it at 6068.....no tp for now .......we'll see...

I am with you, I had a pending sell at 1.6070 at the 38% fib retrace. s/l is set at 1.6115 and will add at 1.6105 if it gets there.
  • #190,731
  • Jan 5, 2010 1:24am Jan 5, 2010 1:24am
Coming in few minutes...
Don't tell me how much you can earn. Tell me how much you may lose..
  • #190,732
  • Jan 5, 2010 1:26am Jan 5, 2010 1:26am
Quoting Ctic
Bonus,

The main thing that all my charts revolve around is the fibonacci retracements. Without those, its just a bunch of useless crap. The other indicators simply show me at quick glance highs and lows and channels, so I don't have to search for them. In addition, I have a seperate compression chart that I use. But the indicators here I found in FF a long time ago posted by TRO.

is there any chance u can post it on the forum?
  • #190,733
  • Jan 5, 2010 1:30am Jan 5, 2010 1:30am
Quoting manize
Pay attention 1.6068/81, hold or close surround there, up to you !
yes gan just close 8 pips. Tenkyu gan
Guide me please
  • #190,734
  • Jan 5, 2010 1:30am Jan 5, 2010 1:30am
  •  melba
  • | Joined Nov 2009 | Status: ...just surfing the wave... | 97 Posts
Quoting manize
No forget put SL at least a few bit above 1.6081 or 1.6135 ! Who want succeed should dare loss, loss is a part of trade !

..you're right manize , must put sl , ...setting sl at 16135 because i may add to my short around 1.61..........thks...
  • #190,735
  • Jan 5, 2010 1:32am Jan 5, 2010 1:32am
Is it possible for a retrace back to 5900 level???
  • #190,736
  • Jan 5, 2010 1:34am Jan 5, 2010 1:34am
Quoting melba
..you're right manize , must put sl , ...setting sl at 16135 because i may add to my short around 1.61..........thks...

I am out, finally got tired enough to go to bed. took 46 pips on that long.
  • #190,737
  • Jan 5, 2010 1:45am Jan 5, 2010 1:45am
Quoting melba
..you're right manize , must put sl , ...setting sl at 16135 because i may add to my short around 1.61..........thks...
You are safe, I am sure you know what should do next !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #190,738
  • Jan 5, 2010 1:47am Jan 5, 2010 1:47am
Quoting sswilli99
I am with you, I had a pending sell at 1.6070 at the 38% fib retrace. s/l is set at 1.6115 and will add at 1.6105 if it gets there.
stopped moved to +1, will leave this until US news.
  • #190,739
  • Jan 5, 2010 1:49am Jan 5, 2010 1:49am
I am in out... What wait later?
  • #190,740
  • Jan 5, 2010 1:50am Jan 5, 2010 1:50am
  •  melba
  • | Joined Nov 2009 | Status: ...just surfing the wave... | 97 Posts
Quoting manize
You are safe, I am sure you know what should do next !
...it looks ok ...i fancy to let it run a bit , and see what happens around 1.60 .....if we get there ...
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