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Cable Update (GBPUSD)

  • #208,161
  • Mar 19, 2010 11:56am Mar 19, 2010 11:56am
Quoting cloggie
My advise? Youtube.
Understood,,, i ll just have a break and sit on the sidelines for a while ...lol
  • #208,162
  • Mar 19, 2010 11:57am Mar 19, 2010 11:57am
Quoting FroggyPipes
oui je crois qu'il est temps de faire un break et de prendre un bon café .
cela se consolide pour aller? wait and see
pas mal ton français, BRAVO
oui, met ce mon premier anne en france et j'ai pas un course, je apprend comme je parle

met ca marche, peut etre je peut ecrit meuxer en 3 anne!!! hehe

lets wait and see...
@pawpaw1000 on Twitter
  • #208,163
  • Mar 19, 2010 12:02pm Mar 19, 2010 12:02pm
Looks like the slow retrace is on. Everyone is cashing in their shorts before the weekend. GL
  • #208,164
  • Mar 19, 2010 12:03pm Mar 19, 2010 12:03pm
hehe cloggie, just what you said:

Exit at Your Target
If you are not exiting the trade with a loss, then you are in the trade. You should remain in the trade until the stock price reaches its objective, or you reach your time target without hitting your target price.
@pawpaw1000 on Twitter
  • #208,165
  • Mar 19, 2010 12:03pm Mar 19, 2010 12:03pm
I wonder can it go any lower if it does breaks and closes below the 4976 mark? I remember thinking earlier what would happen if it broke and closed below the support 3 mark.... and bears took over once more...
Don't be emo... don't be emo....
  • #208,166
  • Mar 19, 2010 12:05pm Mar 19, 2010 12:05pm
Quoting pawpaw1000
hehe cloggie, just what you said:

Exit at Your Target
If you are not exiting the trade with a loss, then you are in the trade. You should remain in the trade until the stock price reaches its objective, or you reach your time target without hitting your target price.

Use the same TF you used for your entry as your exit, just look for the opposite that made you decide to enter a trade as an exit. For breakout trading look at the earlier S/R's and reverse them in order, if one is hit and pierced aim for the next one. Keep an eye on high TF TL's and psych numbers.
  • #208,167
  • Mar 19, 2010 12:07pm Mar 19, 2010 12:07pm
Ironically enough, the latest batch of positive eco data from UK may have also been responsible for pound weakness. The latest UK polling data from Yougov shows that Torries have lost their momentum and are unable to make further gains on Labour precisely because economic conditions appear to have slightly improved. This latest development make the possibility of the a hung Parliament more likely resulting in more pressure on the pound.
@pawpaw1000 on Twitter
  • #208,168
  • Mar 19, 2010 12:08pm Mar 19, 2010 12:08pm
Quoting omiunu
got tired of scalping. taken 41 trades so far today each for a 5 pip take profit. lost 3 trades for 10 pips stoploss each. just took a buy position @ 1.5000. sl at 1.4980 1st t.p 1.5200/ 2nd t.p 1.5400 good luck to everyone. green pips
Hi omiunu,

amazing hitrate! But today you could have earned the 175 pips also in one (stress free) trade.
But good work, anyway I envy good scalpers
  • #208,169
  • Mar 19, 2010 12:09pm Mar 19, 2010 12:09pm
Attached Image
  • #208,170
  • Mar 19, 2010 12:09pm Mar 19, 2010 12:09pm
Quoting pawpaw1000
oui, met ce mon premier anne en france et j'ai pas un course, je apprend comme je parle

met ca marche, peut etre je peut ecrit meuxer en 3 anne!!! hehe

lets wait and see...
oui c'est bien, rencontre de tas de français et pourquoi pas une française, c'est le mieux pour progresser. bon now let's go to speak again in english for other people to be more polite
  • #208,171
  • Mar 19, 2010 12:10pm Mar 19, 2010 12:10pm
looking to test 27 and maybe meander slowly to 77???
@pawpaw1000 on Twitter
  • #208,172
  • Mar 19, 2010 12:12pm Mar 19, 2010 12:12pm
i just mind something because some of u speak about PA (price action)
what is it , candel study? TL study?
thks in advance
  • #208,173
  • Mar 19, 2010 12:13pm Mar 19, 2010 12:13pm
Quoting pawpaw1000
looking to test 27 and maybe meander slowly to 77???

Yeah I am scalping now, slow break out of the range. Germany just agreed that IMF can bail out Greece. good news for the euro, for a bit.
  • #208,174
  • Mar 19, 2010 12:13pm Mar 19, 2010 12:13pm
Quoting pawpaw1000
looking to test 27 and maybe meander slowly to 77???
swissy also angling down so this complies with the view of slow retrace to 70 level. dunno if we will reach there, maybe 50 tonight?
@pawpaw1000 on Twitter
  • #208,175
  • Mar 19, 2010 12:15pm Mar 19, 2010 12:15pm
got a long scalp on both fibre and cable see what happens in the dying hours of a friday.
  • #208,176
  • Mar 19, 2010 12:17pm Mar 19, 2010 12:17pm
Quoting cloggie
got a long scalp on both fibre and cable see what happens in the dying hours of a friday.
I'll wait for price above 28 before I look at that...
@pawpaw1000 on Twitter
  • #208,177
  • Mar 19, 2010 12:20pm Mar 19, 2010 12:20pm
Quoting pawpaw1000
wow, shes waking up to the downside now?
Not for long!
  • #208,178
  • Mar 19, 2010 12:27pm Mar 19, 2010 12:27pm
ok people, it time to me to enjoy my W.E, i made 25 pipes in 7 scalping orders (6 win/ 1 lose) based on breakout and stoch (for exit and entry).
good W.E to all of u and see u on monday
  • #208,179
  • Mar 19, 2010 12:28pm Mar 19, 2010 12:28pm
Quoting pawpaw1000
looking to test 27 and maybe meander slowly to 77???
why you think 27 is being such resisitance for Cable to go back up?? . I get 15088 and 15160 as the y were broken support on the way down this afternoon,,,,,, but 15027 mmmmm it puzzles me
  • #208,180
  • Mar 19, 2010 12:31pm Mar 19, 2010 12:31pm
Quoting solrac
why you think 27 is being such resisitance for Cable to go back up?? . I get 15088 and 15260 as the y were broken support on the way down this afternoon,,,,,, but 15027 mmmmm it puzzles me
look at your 15min or even better, 5min chart and see the range we have been in for just over 2 hours... it is 5027 and 4988...

its the breakout cloggie taught me...
@pawpaw1000 on Twitter
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