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Cable Update (GBPUSD)

  • #208,001
  • Mar 19, 2010 9:38am Mar 19, 2010 9:38am
Hi all

i short from few days @ 1.5367 and my target is near to hit 1.5035 and we have to focus on this area when it broke the target will be between 1.4918 to 1.4899
  • #208,002
  • Mar 19, 2010 9:39am Mar 19, 2010 9:39am
Quoting pawpaw1000
great stuff... loving this!

if you ever have time, check david aranzabal on youtube. John867 told me about him. Think you have alot in common...

Yup a lovely 60 pip run. Nice exit too to the pip on the TL. Now we are looking for the next breakout.
  • #208,003
  • Mar 19, 2010 9:42am Mar 19, 2010 9:42am
Quoting bbakker
My weekend is setup. 15126 looks a long way now, but not comfortable by all means. At least it's a free ride

bor hit and run thats me green is my color dont like red i dont refuse green gifts
  • #208,004
  • Edited 9:58am Mar 19, 2010 9:43am | Edited 9:58am
Closed at 1.5050 at the bottom of the channel.

If it breaks the downside of it - I will short it again.
Good Luck
BR

Quoting Big1red9
Hi All...

While there is a bear flag that has been forming - based on the trendlines and past PA, it feels like shes gonna go up and down a bit further. By the book - the value of this flag breaking seems to be quite significant. If she goes...Could go to 1.4400

I will short if price enters the rectangle (1.4950 to 1.5000 +/-)
I will consider a short in the smaller circle (1.5250 +/-)
I will short if price reaches the larger circle (1.5350 +/-)

Good luck,
BR
  • #208,005
  • Mar 19, 2010 9:44am Mar 19, 2010 9:44am
Quoting cloggie
Yup a lovely 60 pip run. Nice exit too to the pip on the TL. Now we are looking for the next breakout.
it would be great to see the 4h ltl break

Let price settle a bit and then I'll draw the lines in the sand
@pawpaw1000 on Twitter
  • #208,006
  • Mar 19, 2010 9:47am Mar 19, 2010 9:47am
Quoting nAVIN2007
we are here to stay not going any were
Attached Image
  • #208,007
  • Mar 19, 2010 9:47am Mar 19, 2010 9:47am
Quoting Bull_Bear
Threw in the towel on my long at 1.5242, and reverted to short with TP 1.5080. Didn't get a chance post this morning when I gave up on my long.

-55 pips
My TP has hit... +162 pips

For those that are still short, look to cover here....
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #208,008
  • Mar 19, 2010 9:49am Mar 19, 2010 9:49am
Quoting pawpaw1000
it would be great to see the 4h ltl break

Let price settle a bit and then I'll draw the lines in the sand

It takes a lot to break a H4 TL, so be patient. Look for your next setup. Cable is lovely to trade with breakouts. A lot more so then fibre for example. You alsoo need to let your profits run. Look for the next hurdle that may stop her and don't get out if there is nothing in the way.
  • #208,009
  • Mar 19, 2010 9:50am Mar 19, 2010 9:50am
Quoting deboooo2005
Hi all

i short from few days @ 1.5367 and my target is near to hit 1.5035 and we have to focus on this area when it broke the target will be between 1.4918 to 1.4899
How low can you go!?
  • #208,010
  • Mar 19, 2010 9:53am Mar 19, 2010 9:53am
Add a short @ 15080....mmmmm, decisions, decisions, decisions.
  • #208,011
  • Mar 19, 2010 9:53am Mar 19, 2010 9:53am
Quoting acumen
Fukin short squeeze.

It's ok.. this pair has about the same chance of staying up as I do after 4 hours with Megan Fox.

m
and once again the "Megan Fox Analysis" was very correct, i also took the short at this point, thx man, have a nice weekend
  • #208,012
  • Mar 19, 2010 9:54am Mar 19, 2010 9:54am
Tweezer bottom on M5 likely, if that is the case we may move back up for a quick retrace. H4 LTL is key here.
  • #208,013
  • Mar 19, 2010 9:54am Mar 19, 2010 9:54am
Quoting dag777
and once again the "Megan Fox Analysis" was very correct, i also took the short at this point, thx man, have a nice weekend

wrong thread, sorry
  • #208,014
  • Mar 19, 2010 9:55am Mar 19, 2010 9:55am
Quoting bbakker
Add a short @ 15080....mmmmm, decisions, decisions, decisions.
Too late
  • #208,015
  • Mar 19, 2010 9:56am Mar 19, 2010 9:56am
Quoting cloggie
Tweezer bottom on M5 likely, if that is the case we may move back up for a quick retrace. H4 LTL is key here.

Ouch TL pierced. Who had the guts to stay in.
  • #208,016
  • Mar 19, 2010 9:56am Mar 19, 2010 9:56am
one way ticket to 15000 no looking back
  • #208,017
  • Mar 19, 2010 9:56am Mar 19, 2010 9:56am
Quoting cloggie
It takes a lot to break a H4 TL, so be patient. Look for your next setup. Cable is lovely to trade with breakouts. A lot more so then fibre for example. You alsoo need to let your profits run. Look for the next hurdle that may stop her and don't get out if there is nothing in the way.
ok... We might see it moving back up then from here but will draw the lines and let the chart do the talking. aah no! as I'm typing it drops even further.

you also out right?
@pawpaw1000 on Twitter
  • #208,018
  • Mar 19, 2010 9:56am Mar 19, 2010 9:56am
So everybody still here 1.50xx now lets see if can breakthrough 1.49xx
  • #208,019
  • Mar 19, 2010 9:57am Mar 19, 2010 9:57am
Quoting egkid
I'm not say it can't break it i say "Let's see how price react there " 1.5275" and if weekly close above it then u r right trend change

Do u wanna bet weekly will not close above it? LOL
Yeah I wanna some more
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  • #208,020
  • Mar 19, 2010 9:57am Mar 19, 2010 9:57am
Quoting kill56
one way ticket to 15000 no looking back

I chickened out at the TL and am flat.
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