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Cable Update (GBPUSD)

  • #209,381
  • Mar 23, 2010 10:21am Mar 23, 2010 10:21am
lets go back to the chart

http://www.forexfactory.com/showpost...stcount=209315
  • #209,382
  • Mar 23, 2010 10:24am Mar 23, 2010 10:24am
Quoting pawpaw1000
added to short at 36...

1st tp 1.5000
2nd tp 1.4975
mmmmm would love to know what made you take that position?? i expected cable to be rather flat at least until budget time tomorrow......
  • #209,383
  • Mar 23, 2010 10:25am Mar 23, 2010 10:25am
ai, price has just died out now...

hoping we will still meander down even though there aint much volume!
@pawpaw1000 on Twitter
  • #209,384
  • Mar 23, 2010 10:26am Mar 23, 2010 10:26am
Quoting Maeglin
1.5044important intraday top & short term Fibonacci 38.2%.
Thanks mate,
Funny. She is mid cloud and off the rounds. Next 10min will revale surprises.
Short till 5025
  • #209,385
  • Mar 23, 2010 10:26am Mar 23, 2010 10:26am
stop hold u breath then think run away with green no regret no red the market here 24 5d
  • #209,386
  • Mar 23, 2010 10:28am Mar 23, 2010 10:28am
Quoting solrac
mmmmm would love to know what made you take that position?? i expected cable to be rather flat at least until budget time tomorrow......
the fact that we shot down to dp, we crossed below ma on my 5min and we broke ltl causing me to expect a retrace to 1.5000 at least...

still holding as i still think we will meander down...
@pawpaw1000 on Twitter
  • #209,387
  • Mar 23, 2010 10:30am Mar 23, 2010 10:30am
eyes on 5033
  • #209,388
  • Mar 23, 2010 10:30am Mar 23, 2010 10:30am
Quoting kill56
stop hold u breath then think run away with green no regret no red the market here 24 5d
yeah but dont think there is anything that will push us back up so might as well let her float down for a couple more pips...
@pawpaw1000 on Twitter
  • #209,389
  • Mar 23, 2010 10:32am Mar 23, 2010 10:32am
Quoting cloggie
eyes on 5033
reckon it wont be much of a problem, we should reach 1.5000 even if it is in like 3 hours!!!!

EDIT: seems like we might encounter some turbulence...
@pawpaw1000 on Twitter
  • #209,390
  • Mar 23, 2010 10:36am Mar 23, 2010 10:36am
Quoting pawpaw1000
yeah but dont think there is anything that will push us back up so might as well let her float down for a couple more pips...

will we might its now abreak the big azz's having coffee in about 30m the market moves lets see
  • #209,391
  • Mar 23, 2010 10:39am Mar 23, 2010 10:39am
Quoting kill56
will we might its now abreak the big azz's having coffee in about 30m the market moves lets see
well, I'm keeping a tigh s/l on, dont want todays profits meandering away

not sure what you meant? the big boys going for coffee in 30 min so you reckon its done?
@pawpaw1000 on Twitter
  • #209,392
  • Mar 23, 2010 10:40am Mar 23, 2010 10:40am
Quoting pawpaw1000
well, I'm keeping a tigh s/l on, dont want todays profits meandering away

not sure what you meant? the big boys going for coffee in 30 min so you reckon its done?

Yeah, I got both at Be+ so am happy for any money I make from here on. Still looking good though
  • #209,393
  • Mar 23, 2010 10:49am Mar 23, 2010 10:49am
guess I could add now down to 1.5000??? what you think cloggie, seems clear where we going right?

need some confirmation from more experienced trader
@pawpaw1000 on Twitter
  • #209,394
  • Mar 23, 2010 10:51am Mar 23, 2010 10:51am
Quoting pawpaw1000
guess I could add now down to 1.5000??? what you think cloggie, seems clear where we going right?

need some confirmation from more experienced trader
Follow your trade plan and your MM
  • #209,395
  • Mar 23, 2010 10:52am Mar 23, 2010 10:52am
Quoting pawpaw1000
reckon it wont be much of a problem, we should reach 1.5000 even if it is in like 3 hours!!!!

EDIT: seems like we might encounter some turbulence...



Am not sure the bears themselves are looking forward to the battle of 5000
  • #209,396
  • Mar 23, 2010 10:55am Mar 23, 2010 10:55am
Alright, guess I shouldnt get greedy!

I've made good profit this morning with 60 pips. I'm now in the green with 20 pips and looking at a possible 30 more which would put me on 110 for the day.

I dont need to add to my position, I am more than 10% up after 2 weeks so dont need to start to become greedy.

Quick question, in forex, I find it not so difficult to make money so the hard part should be to keep it right? think thats someones signature. But since you've been trading for a while, I guess its to look long term.

By looking short term one will just lose and become anxious?
@pawpaw1000 on Twitter
  • #209,397
  • Mar 23, 2010 10:56am Mar 23, 2010 10:56am
Quoting Bydyke
Am not sure the bears themselves are looking forward to the battle of 5000
yeah, will close when we reach 1.5000 or close enough. But reckon we will touch it and maybe even go to 1.4975...

moving my s/l as we go...
@pawpaw1000 on Twitter
  • #209,398
  • Mar 23, 2010 10:56am Mar 23, 2010 10:56am
a break of 15020 will take us deep down i hope we clear it on h1 open below the eur is looking sexy still holding fiber with honey = sweet green pips with a break of the doomed 13500
  • #209,399
  • Mar 23, 2010 10:57am Mar 23, 2010 10:57am
Quoting kill56
a break of 15020 will take us deep down i hope we clear it on h1 open below the eur is looking sexy still holding fiber with honey = sweet green pips with a break of the doomed 13500

Just watch 3480, lots of big boys are keeping a DNT there
  • #209,400
  • Mar 23, 2010 11:01am Mar 23, 2010 11:01am
stopped with 15 pips
@pawpaw1000 on Twitter
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