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Cable Update (GBPUSD)

  • #206,361
  • Mar 16, 2010 6:27am Mar 16, 2010 6:27am
Good day to you all,

Exited long. Banking.

Will patiently wait for a new opportunity. My view remains long.

Wish you all success

Regards
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  • #206,362
  • Mar 16, 2010 6:28am Mar 16, 2010 6:28am
According to Cinderellas sandal, its end of story
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  • #206,363
  • Mar 16, 2010 6:31am Mar 16, 2010 6:31am
Quoting pawpaw1000
on second thought, one shouldnt go against the trend and at the moment, ITS UP! so guess maybe wait for pullback and buy. But really dont feel comfortable with that.

Ai, maybe just do nothing!
not to keen on the pull back then buy, instead i shorted at 5125.
  • #206,364
  • Mar 16, 2010 6:32am Mar 16, 2010 6:32am
Attempting a little scalp. Selling as of 1.5125(MR1). Looks like it's currently in a battle with resistance line as well. Trading a tiny lot as well, so it's a small risk. Bulls will rule the day in the end.
  • #206,365
  • Mar 16, 2010 6:34am Mar 16, 2010 6:34am
Quoting cableboy
not to keen on the pull back then buy, instead i shorted at 5125.
I shorted at just below 1.5100 and got stopped out at 5120...

will wait for move below 51 to sell again. 5min macd is oversold and I wanna sell but dont have the balls
@pawpaw1000 on Twitter
  • #206,366
  • Mar 16, 2010 6:34am Mar 16, 2010 6:34am
Quoting pawpaw1000
yeah, really struggling with all this ping pong! Argentina is a awesome country, was there for 3 weeks and never ate such great meat in my life! Also drank a quart with every meal

Beautiful country, really! Maybe if my forex starts to pay up, I can go there again one day

good luck brother, whatever you decide to do in this market!
LOL!! So you like wine and meat, seems you're not a fool lol!! And chicks are also pretty good man!! If forex pays up you could move here, it could give you more purchasing power
Just out right now. Maybe we've seen highs for today in cable and EURO as USDCHF is having a hard time breaking the lows if the 2 previous days. Good entering point if it confirms...let's see! G/L rugby superstar!
  • #206,367
  • Mar 16, 2010 6:35am Mar 16, 2010 6:35am
Quoting forexlion
According to Cinderellas sandal, its end of story
Why i see the things different?
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  • #206,368
  • Mar 16, 2010 6:38am Mar 16, 2010 6:38am
i have allready closed my long gbpusd. see statement of my trader: http://bonsix.mt4live.com/
  • #206,369
  • Mar 16, 2010 6:38am Mar 16, 2010 6:38am
Subject to the position of the boy and the girl its 5170 end target
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  • #206,370
  • Mar 16, 2010 6:39am Mar 16, 2010 6:39am
Quoting DanPa
Why i see the things different?
broker data feed and timezone
  • #206,371
  • Mar 16, 2010 6:41am Mar 16, 2010 6:41am
Quoting forexlion
Subject to the position of the boy and the girl its 5170 end target
Hi there,

I'm a noob and was wondering how you reach the conclusion that 5170 is the end?

would that then in your opinion be a good place to go short?

My problem is I know its close to the end but can never pin point it!
@pawpaw1000 on Twitter
  • #206,372
  • Mar 16, 2010 6:41am Mar 16, 2010 6:41am
The lesson I learned today: Trust your signal
  • #206,373
  • Mar 16, 2010 6:47am Mar 16, 2010 6:47am
Time to move the trailing SL.
  • #206,374
  • Mar 16, 2010 6:47am Mar 16, 2010 6:47am
Quoting Fudomyo
What I'm waiting to see is when China de-pegs the Renminbi.
(potentially this week)

Should be some truly mad PA.
What?? Do you have any article to read???
  • #206,375
  • Mar 16, 2010 6:49am Mar 16, 2010 6:49am
Quoting forexlion
broker data feed and timezone
I see you are using FXPRO. the results, depend the data feed and the broker then?
  • #206,376
  • Mar 16, 2010 6:50am Mar 16, 2010 6:50am
Well traders , end of this month marks the end of the quarter , profits being booked perhaps , at any rate lots of buying seems to have been taking place if one puts any stock in inverted head and shoulder patterns , not much of a move left now but wouldnt be suprised to see the gbpusd sitting around the weekly open at 1.5190 area, (the proverbial line in the sand for the week ) by time the fed annc comes out today, sure the next direction will come from tht, may be worth keeping the powder dry till then if not already in a trade cheers all
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  • #206,377
  • Mar 16, 2010 6:53am Mar 16, 2010 6:53am
6 pending contracts sell on gu at 5205
  • #206,378
  • Mar 16, 2010 6:55am Mar 16, 2010 6:55am
Quoting forexlion
Subject to the position of the boy and the girl its 5170 end target
Quoting pawpaw1000
Hi there,

I'm a noob and was wondering how you reach the conclusion that 5170 is the end?

would that then in your opinion be a good place to go short?

My problem is I know its close to the end but can never pin point it!
the girl is more pwerful 5202 is previous week close and 5170 is current week open

so i am trying to see who is more gorgeous here
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  • #206,379
  • Mar 16, 2010 6:55am Mar 16, 2010 6:55am
Quoting pawpaw1000
Hi there,

I'm a noob and was wondering how you reach the conclusion that 5170 is the end?

would that then in your opinion be a good place to go short?

My problem is I know its close to the end but can never pin point it!
i think the 1.5170 area will hold... have a pending order there
  • #206,380
  • Mar 16, 2010 6:57am Mar 16, 2010 6:57am
Quoting pawpaw1000
Hi there,

I'm a noob and was wondering how you reach the conclusion that 5170 is the end?

would that then in your opinion be a good place to go short?

My problem is I know its close to the end but can never pin point it!
Hey I too agree with rugby boy .....Would you be nice enough to show us how you got to 5170???
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