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Cable Update (GBPUSD)

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  • Post #202,761
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  • Mar 2, 2010 5:12am Mar 2, 2010 5:12am
  •  Ctic
  • | Joined Oct 2009 | Status: The Voodoo Boodoo Club | 1,419 Posts
Quoting manize
Disliked
You should feel comfortable, 1.4942 already broken on M5 !
Ignored
Yeah feel decent about this one. Set SL to BE +25 and put a 25pip trailing stop on it. IMHO, we may have a couple days of bull movement before the move down. As always I will take day by day. We will see what happens.
 
 
  • Post #202,762
  • Quote
  • Mar 2, 2010 5:15am Mar 2, 2010 5:15am
  •  Ctic
  • | Joined Oct 2009 | Status: The Voodoo Boodoo Club | 1,419 Posts
Quoting TerpFan2
Disliked
Great Job CtiC,

London pushed her to what '86.5 or so...
'Figure they'll run 'er up as high & probably "better",
w/a final consolidation of retracement here, for now.
-We'll see...
Best of Pipping,

Jeff !
Ignored
Jeff,

Good to see you and thank you. We shall see what happens here. I couldn't resist the opportunity here to go long. I tried it last week, got hammered out of it, reversed position to short, made the losses back and here I am trying the long again. At least this time I am keeping the SL into green pip territory.
 
 
  • Post #202,763
  • Quote
  • Mar 2, 2010 5:18am Mar 2, 2010 5:18am
  •  Ctic
  • | Joined Oct 2009 | Status: The Voodoo Boodoo Club | 1,419 Posts
Quoting Fx1618
Disliked
Hi All
just taken out by Market (SL) for +214... been short since Friday 26/02 1300GMT

My Bias is still short but I'll wait for confirmation either way

Happy Pip'n All

Attachment 429909
Ignored
Long term I agree definately short. I am trying my luck with the retrace here though.
 
 
  • Post #202,764
  • Quote
  • Mar 2, 2010 5:22am Mar 2, 2010 5:22am
  •  TerpFan2
  • Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
Quoting Ctic
Disliked
Jeff,

Good to see you and thank you. We shall see what happens here. I couldn't resist the opportunity here to go long. I tried it last week, got hammered out of it, reversed position to short, made the losses back and here I am trying the long again. At least this time I am keeping the SL into green pip territory.
Ignored
Roger on that,
Same scenario somewhat picking a "scalp" out of the Asian session,
counter trend & refused to get out till later-
Climbing back up towards where 'was w/London here.

Lower Low this am,
i agree ranging NORTH for a tad here then down.
Have 'good rest,

Jeff !
I will work to Objectively Identify my Edges
 
 
  • Post #202,765
  • Quote
  • Mar 2, 2010 5:26am Mar 2, 2010 5:26am
  •  Fx1618
  • | Joined Sep 2006 | Status: Member | 839 Posts
Quoting Ctic
Disliked
Long term I agree definately short. I am trying my luck with the retrace here though.
Ignored

looking at the current state it seems I was just spiked out (StopLoss Hunted as some may say and believe)

Attached Image


It just barely touched my SL at 974.

I'll be shorting again if the 15min close below 920
 
 
  • Post #202,766
  • Quote
  • Mar 2, 2010 5:31am Mar 2, 2010 5:31am
  •  manize
  • Joined Dec 2007 | Status: Member | 3,220 Posts
I only trade XAU/USD. Based on USD news & Fib SR & BB20
 
 
  • Post #202,767
  • Quote
  • Mar 2, 2010 5:38am Mar 2, 2010 5:38am
  •  simao
  • | Joined Aug 2009 | Status: Member | 250 Posts
hello friend, this is my first post in this thread and i have follow this thread a little long time, and my opinion on Gu for this days we can go to see 5100 and after we fall to 4700 INMHO and thnx

simao
High risk High return!
 
 
  • Post #202,768
  • Quote
  • Mar 2, 2010 5:41am Mar 2, 2010 5:41am
  •  nek17
  • | Joined Oct 2009 | Status: Member | 66 Posts
Quoting simao
Disliked
hello friend, this is my first post in this thread and i have follow this thread a little long time, and my opinion on Gu for this days we can go to see 5100 and after we fall to 4700 INMHO and thnx

simao
Ignored
you mean this week or today mate
 
 
  • Post #202,769
  • Quote
  • Mar 2, 2010 5:42am Mar 2, 2010 5:42am
  •  Tsar
  • Joined Dec 2009 | Status: The New Legend™ | 4,843 Posts
Quoting manize
Disliked
We wait your harmonic pattern chart !
Ignored
NOT Bullish Bro...

Had TWO Mountain !
If She will make ONE Mountain again, that's mean :

The THREE BEARISH DRIVES Pattern
Look in Post #200340
Attached Image (click to enlarge)
Click to Enlarge

Name: 2010-03-02_2 Mountain.jpg
Size: 298 KB
Always looking the GREAT, never left GOOD Point...
 
 
  • Post #202,770
  • Quote
  • Mar 2, 2010 5:53am Mar 2, 2010 5:53am
  •  notoSCUM
  • | Commercial Member | Joined Aug 2008 | 39 Posts
i saw some traders on the tv saying that cable may dip down to 1.2000 this year and parity against EUR
 
 
  • Post #202,771
  • Quote
  • Edited 6:27am Mar 2, 2010 6:02am | Edited 6:27am
  •  manize
  • Joined Dec 2007 | Status: Member | 3,220 Posts
Quoting Tsar
Disliked
NOT Bullish Bro...

Had TWO Mountain !
If She will make ONE Mountain again, that's mean :

The THREE BEARISH DRIVES Pattern
Look in Post #200340
Ignored
Thank bro, I am doubftfull to go long, H1 open at 1.4941 ---> Maybe spike here or another one jump to perform the 3rd mountain and spike at 1.4984 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
 
 
  • Post #202,772
  • Quote
  • Mar 2, 2010 6:03am Mar 2, 2010 6:03am
  •  skiffx
  • | Joined Dec 2009 | Status: Member | 342 Posts
Quoting manize
Disliked
Thank bro, I am doubftfull to go long, H1 open at 1.5941 ---> Maybe spike here !
Ignored
Thats a helluva gap
 
 
  • Post #202,773
  • Quote
  • Mar 2, 2010 6:13am Mar 2, 2010 6:13am
  •  Fx1618
  • | Joined Sep 2006 | Status: Member | 839 Posts
just entered long @ 945... no image, send from mobile
 
 
  • Post #202,774
  • Quote
  • Mar 2, 2010 6:16am Mar 2, 2010 6:16am
  •  Tsar
  • Joined Dec 2009 | Status: The New Legend™ | 4,843 Posts
Quoting skiffx
Disliked
Thats a helluva gap
Ignored
What's mean HELLUVA Gap ?
Would you like Detail Explaint, Bro.

Thx before
Always looking the GREAT, never left GOOD Point...
 
 
  • Post #202,775
  • Quote
  • Mar 2, 2010 6:21am Mar 2, 2010 6:21am
  •  skiffx
  • | Joined Dec 2009 | Status: Member | 342 Posts
Quoting Tsar
Disliked
What's mean HELLUVA Gap ?
Would you like Detail Explaint, Bro.

Thx before
Ignored
You wrote 1.5941 instead of 1.4941
 
 
  • Post #202,776
  • Quote
  • Mar 2, 2010 6:28am Mar 2, 2010 6:28am
  •  manize
  • Joined Dec 2007 | Status: Member | 3,220 Posts
Quoting skiffx
Disliked
You wrote 1.5941 instead of 1.4941
Ignored
Yup ... mistype ... thanks !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
 
 
  • Post #202,777
  • Quote
  • Mar 2, 2010 6:40am Mar 2, 2010 6:40am
  •  Fx1618
  • | Joined Sep 2006 | Status: Member | 839 Posts
Quoting Fx1618
Disliked
just entered long @ 945... no image, send from mobile
Ignored
So far so good for this one, if the retrace holds we might get some resistance around 510-520 area

Also made some 29 odd pips from my Short exit to my Long Entry

SL is currently at 900 which still not giving any profit on this one yet
 
 
  • Post #202,778
  • Quote
  • Mar 2, 2010 6:41am Mar 2, 2010 6:41am
  •  Lordpip
  • | Joined Mar 2010 | Status: Member | 117 Posts
Are we going to cross the pivot point daily at 4990 ? It's pretty close now
 
 
  • Post #202,779
  • Quote
  • Mar 2, 2010 6:46am Mar 2, 2010 6:46am
  •  manize
  • Joined Dec 2007 | Status: Member | 3,220 Posts
Another 10 pips touches crucial level 1.4984 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
 
 
  • Post #202,780
  • Quote
  • Mar 2, 2010 6:50am Mar 2, 2010 6:50am
  •  mygoldenpips
  • | Joined Jan 2010 | Status: Member | 283 Posts
Quoting manize
Disliked
Another 10 pips touches crucial level 1.4984 !
Ignored

if touch what to do master?...going short or long...
sorry newbie here...
Revesal Trader
 
 
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