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Cable Update (GBPUSD)

  • #198,721
  • Feb 9, 2010 12:40am Feb 9, 2010 12:40am
Quoting Reznik
Woof!! Woof! I am the Big bad Wolf . Keep away little toddlers. We coming in UK session... Long all the way. Ha!!

Open 8Lots...


Haa!! 8Lots... Woof!!
  • #198,722
  • Feb 9, 2010 12:56am Feb 9, 2010 12:56am
Quoting Reznik
Open 8Lots...


Haa!! 8Lots... Woof!!


Been a Big Dog is all about have some guts to go against all odds...
  • #198,723
  • Feb 9, 2010 1:01am Feb 9, 2010 1:01am
Quoting manize
1.5642 !
+ 68 pips ...close... not... close .... not....close ....not !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #198,724
  • Feb 9, 2010 1:03am Feb 9, 2010 1:03am
Quoting Reznik
Been a Big Dog is all about have some guts to go against all odds...
Stop you're killing me Every time you say one direction if goes the other way.
It's Easy To Get In;.. It's Hard To Get Out
  • #198,725
  • Feb 9, 2010 1:12am Feb 9, 2010 1:12am
Quoting manize
Went long 1.5588, looking for 1.5642/741 ! Key level 1.6587 --> DP Today !
manize, yes, ask and ye shall receive!

D
  • #198,726
  • Feb 9, 2010 1:12am Feb 9, 2010 1:12am
to long waiting...,i don't like this movement...,



idr : hey orang2 indonesia, yg diatas itu contoh yg sangat bagus buat kita...,sy gak tau MMnya dia, tp ukuran delapan lot untuk account apapun pasti sudah sangat berlebihan...,apalagi untuk kondisi market ky gini...,jd gak usah ditiru.., suatu saat orang dengan tipe ky gini pasti akan kena skak mat.., MM yg baik dan tidak 'over' size pelajaran untuk kita kali ini..,
sukses buat kita semua...,
I will be the number one Manager.
  • #198,727
  • Feb 9, 2010 1:13am Feb 9, 2010 1:13am
What we saw yesterday is what they are seeing today.......Enjoy the trend
  • #198,728
  • Feb 9, 2010 1:16am Feb 9, 2010 1:16am
It's trending up nicely. Put a 200 MA Bollinger on the minute chart. Good luck to you.
  • #198,729
  • Feb 9, 2010 1:17am Feb 9, 2010 1:17am
Quoting fourxtrader
manize, yes, ask and ye shall receive!

D
Is 1.5642 a key level ? i have a long and i am trying to close it. It went upto 1.5655 yesterday right ...shud i close there ?
Help me pick a right resistance, whereever it is sure to retrace.
thanks!
  • #198,730
  • Feb 9, 2010 1:19am Feb 9, 2010 1:19am
Quoting Reznik
Been a Big Dog is all about have some guts to go against all odds...
What Odds, I am Long since yesterday , a documented long.

Up +1500 pips and closed now
  • #198,731
  • Feb 9, 2010 1:25am Feb 9, 2010 1:25am
Quoting forexlion
What Odds, I am Long since yesterday , a documented long.

Up +1500 pips and closed now

Been Long to from yesterday... Up +120pipis in 5Lots. Ha!!
  • #198,732
  • Feb 9, 2010 1:25am Feb 9, 2010 1:25am
Quoting javapips
to long waiting...,i don't like this movement...,



idr : hey orang2 indonesia, yg diatas itu contoh yg sangat bagus buat kita...,sy gak tau MMnya dia, tp ukuran delapan lot untuk account apapun pasti sudah sangat berlebihan...,apalagi untuk kondisi market ky gini...,jd gak usah ditiru.., suatu saat orang dengan tipe ky gini pasti akan kena skak mat.., MM yg baik dan tidak 'over' size pelajaran untuk kita kali ini..,
sukses buat kita semua...,
2% - 4% --> safe enough !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #198,733
  • Feb 9, 2010 1:38am Feb 9, 2010 1:38am
where is javapips????? I hope ur riding since yesterday. Target 1.5680-1.5720. Enjoy the ride.........Just look don't touch.
  • #198,734
  • Feb 9, 2010 1:40am Feb 9, 2010 1:40am
Quoting Honored
Is 1.5642 a key level ? i have a long and i am trying to close it. It went upto 1.5655 yesterday right ...shud i close there ?
Help me pick a right resistance, whereever it is sure to retrace.
thanks!
That was manize's first target.

.5655 previous day high would be a good target.

I'd closed a portion above R1 when it touched the
15m 200EMA and 30m 100EMA from Magix's charts.

Here's also a pivot chart.

Dr. D.
Attached Images
  • #198,735
  • Feb 9, 2010 1:43am Feb 9, 2010 1:43am
what is 2% safe??? This trend??? I hope not this trend i have in place since yesterday ur talking about, b cos its safe for 1.5720, i see a chance to re-enter at 1.5588. cool ICE



Quoting manize
2% - 4% --> safe enough !
  • #198,736
  • Feb 9, 2010 1:52am Feb 9, 2010 1:52am
Price seems like it currently trying to push up. If price continues to rise, we can assume that this is possibly the retrace up into the Daily Downswing levels. If price can successfully push up to the level of resistance @ 1.5830, which is inside of the Daily Downswing levels, I will watch price action for possible shorts. If price fails to push up further and begins to fall again, I will watch for a possible reaction at support @ 1.5372 for possible long entries. Please keep in mind that Market Sentiment on the Daily TF is currently Bearish. Any longs taken should be considered scalps.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-daily.jpg Size: 122 KB
  • #198,737
  • Feb 9, 2010 1:54am Feb 9, 2010 1:54am
Quoting fendi
where is javapips????? I hope ur riding since yesterday. Target 1.5680-1.5720. Enjoy the ride.........Just look don't touch.

i'm here honey..., and will see...,
I will be the number one Manager.
  • #198,738
  • Feb 9, 2010 2:04am Feb 9, 2010 2:04am
Quoting fourxtrader
That was manize's first target.

.5655 previous day high would be a good target.

I'd closed a portion above R1 when it touched the
15m 200EMA and 30m 100EMA from Magix's charts.

Here's also a pivot chart.

Dr. D.
Thanks for the explanation. I learnt something new today and will start using those SMA's. I will close my long at R2 and hope for a retrace from there. GBP is not looking strong and so is USD, and no news, so not much movement and hopefully it will range.
Thanks!
  • #198,739
  • Feb 9, 2010 2:07am Feb 9, 2010 2:07am
SHORT on EJ !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #198,740
  • Feb 9, 2010 2:08am Feb 9, 2010 2:08am
Quoting Reznik
Been Long to from yesterday... Up +120pipis in 5Lots. Ha!!

Short-out... Holding till in 0.5 Lots tight SL till NY session.
But PO Long ahead... Ha!!
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