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Cable Update (GBPUSD)

  • #211,221
  • Mar 29, 2010 8:12am Mar 29, 2010 8:12am
Quoting pawpaw1000
hehe, hey bbakker!

u trade today?

i havent put in a single order today, its soooooo quiet!
I did trade the gap last night, but I moved my SL into profit, rather than letting it breathe and paid the price. My TP was @ 14898 and it did hit that last night. Cableboy profited nicely from my call whereas I did not re-enter. Still made a 10 pip profit, but could have been more.
  • #211,222
  • Mar 29, 2010 8:14am Mar 29, 2010 8:14am
Quoting bbakker
Just opened a long on EU @ 13446, SL @ 13426, TP @ 13505
I have an order on GU to open a long @ 14955, SL @ 14940, TP @ 15005
was looking at the same long possibility on gu...

just not sure where to place s/l...

maybe wait for confirmation that 4950 will hold otherwise look to long at 4912
@pawpaw1000 on Twitter
  • #211,223
  • Mar 29, 2010 8:15am Mar 29, 2010 8:15am
well done on the 10 pips then, better than zero for me. am happy with my discipline as I dont trade anymore just for the sake of it!

whats cloggs up to? he move onto fibre?
@pawpaw1000 on Twitter
  • #211,224
  • Mar 29, 2010 8:16am Mar 29, 2010 8:16am
Quoting pawpaw1000
was looking at the same long possibility on gu...

just not sure where to place s/l...

maybe wait for confirmation that 4950 will hold otherwise look to long at 4912
I think it will hold... but don't quote me on it
  • #211,225
  • Mar 29, 2010 8:17am Mar 29, 2010 8:17am
Quoting pawpaw1000
well done on the 10 pips then, better than zero for me. am happy with my discipline as I dont trade anymore just for the sake of it!

whats cloggs up to? he move onto fibre?


He has been lurking on here. Probably getting his daily dosage of branflakes. Regular as clockwork, he is
  • #211,226
  • Mar 29, 2010 8:18am Mar 29, 2010 8:18am
Quoting bbakker
Just opened a long on EU @ 13446, SL @ 13426, TP @ 13505
I have an order on GU to open a long @ 14955, SL @ 14940, TP @ 15005
I am long with you also in EU same price
but no SL
I SEE YOU !!
  • #211,227
  • Mar 29, 2010 8:18am Mar 29, 2010 8:18am
EURUSD fall allready a little bit GBPUSD must follow

Regarts
  • #211,228
  • Mar 29, 2010 8:23am Mar 29, 2010 8:23am
Quoting bbakker
Just opened a long on EU @ 13446, SL @ 13426, TP @ 13505
I have an order on GU to open a long @ 14955, SL @ 14940, TP @ 15005
looks like it shot up without us...

How about a short from the 5013 level with s/l at 5025??? t/p @ 4960
@pawpaw1000 on Twitter
  • #211,229
  • Mar 29, 2010 8:25am Mar 29, 2010 8:25am
Quoting dbfusion
I am long with you also in EU same price
but no SL
Oh Pharaoh Illuminati, what is your TP on EU?

At least we are singing of the same hymn sheet this time round!
  • #211,230
  • Mar 29, 2010 8:27am Mar 29, 2010 8:27am
Quoting pawpaw1000
looks like it shot up without us...

How about a short from the 5013 level with s/l at 5025??? t/p @ 4960
Sounds good to me too,,, but Cable is not strong enough ,,,me thinks
  • #211,231
  • Mar 29, 2010 8:29am Mar 29, 2010 8:29am
Quoting pawpaw1000
looks like it shot up without us...

How about a short from the 5013 level with s/l at 5025??? t/p @ 4960
You are itching boy, are you getting withdrawal symptoms? Current trend is upwards and onwards. Sure you can take a short from there, but what happens if it continues on the up? Maybe it will come down again, I just moved my order to open @14960. Swimming against the tide is not easy as the tide might be stronger than you!
  • #211,232
  • Mar 29, 2010 8:33am Mar 29, 2010 8:33am
Quoting FX-Mentor
EURUSD fall allready a little bit GBPUSD must follow

Regarts
80% of the time, they do work in tandem, it's the other 20% you have to watch out for!
  • #211,233
  • Mar 29, 2010 8:34am Mar 29, 2010 8:34am
No short before 1.5080 here...waiting for 1.5010 to break
COT: The precious data ignored
  • #211,234
  • Mar 29, 2010 8:35am Mar 29, 2010 8:35am
Quoting bbakker
You are itching boy, are you getting withdrawal symptoms? Current trend is upwards and onwards. Sure you can take a short from there, but what happens if it continues on the up? Maybe it will come down again, I just moved my order to open @14960. Swimming against the tide is not easy as the tide might be stronger than you!
fair enough but this is a helluva level to break and current PA dont look strong enough! I'm thinking we will go down from here as we have been waiting long enough to break those lows!

that said, h1 might look like a bull flag to some and could signal 1.5080 coming on... we will have to see. Above 5013 I'm definately long and looking at the 80 level. If I can get in at 5020 and s/l at 5010 then my rr is GREAT!

will be watching closely is what I'm saying
@pawpaw1000 on Twitter
  • #211,235
  • Mar 29, 2010 8:39am Mar 29, 2010 8:39am
Quoting bbakker
Oh Pharaoh Illuminati, what is your TP on EU?

At least we are singing of the same hymn sheet this time round!
3520

I SEE YOU !!
  • #211,236
  • Mar 29, 2010 8:43am Mar 29, 2010 8:43am
it just looks like one of those annoying trades
I SEE YOU !!
  • #211,237
  • Mar 29, 2010 8:45am Mar 29, 2010 8:45am
for this weekhttp://fxdom.ru/uploads/posts/1269863634_gbpusd-h4.gif
  • #211,238
  • Mar 29, 2010 8:46am Mar 29, 2010 8:46am
Quoting pawpaw1000
fair enough but this is a helluva level to break and current PA dont look strong enough! I'm thinking we will go down from here as we have been waiting long enough to break those lows!

that said, h1 might look like a bull flag to some and could signal 1.5080 coming on... we will have to see. Above 5013 I'm definately long and looking at the 80 level. If I can get in at 5020 and s/l at 5010 then my rr is GREAT!

will be watching closely is what I'm saying
I think the upside will remain till at least Wednesday when the revised GDP figures come out. They say that the UK is out of the recession.... doesn't feel like it! Still the big bears will ensure any further rises past 15200 is out of the question, but you never know what they're thinking! I still see 15100 by the end of week, maybe even by tomorrow night, if we get some damn volume into this thing.
  • #211,239
  • Mar 29, 2010 8:49am Mar 29, 2010 8:49am
Quoting bbakker
I think the upside will remain till at least Wednesday when the revised GDP figures come out. They say that the UK is out of the recession.... doesn't feel like it! Still the big bears will ensure any further rises past 15200 is out of the question, but you never know what they're thinking! I still see 15100 by the end of week, maybe even by tomorrow night, if we get some damn volume into this thing.
well, must say it is helluva frustrating with PA so dead...

Looking to 1min charts if it stays in this range...

EDIT: btw, if you take the h1 chart and call what we have now a bull flag it should take us to almost exactly 5080, how weird is that!
@pawpaw1000 on Twitter
  • #211,240
  • Mar 29, 2010 8:50am Mar 29, 2010 8:50am
its about time they move

did its move and correction and bottom forming

the remaining is to kill all the bears who sold on the news
I SEE YOU !!
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