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Cable Update (GBPUSD)

  • #213,301
  • Apr 6, 2010 5:45am Apr 6, 2010 5:45am
Quoting negro wolf
shorting cable @ 1.5230

next t.p = 1.5030

good luck to all


where is ur s/l lol ?
5110 still in a row
  • #213,302
  • Apr 6, 2010 5:46am Apr 6, 2010 5:46am
bb how r u matey n howz trading ?
  • #213,303
  • Apr 6, 2010 5:47am Apr 6, 2010 5:47am
Quoting kill56
wise man

ching bing mening yes
5 M5 candles went bullish bro !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #213,304
  • Apr 6, 2010 5:47am Apr 6, 2010 5:47am
+30 pip bounce from the prev 1hr/4hr swing hi/lo zone and 5130/20 bids mentioned earlier....great regular bullsih div with PB trigger on 5min t/f...double bullish divergence in the osma osc...

5min is here:
http://i39.tinypic.com/2vkfeww.jpg
1hr is here:

http://i39.tinypic.com/5u4b2x.jpg

G/L
ex member
  • #213,305
  • Apr 6, 2010 5:48am Apr 6, 2010 5:48am
1.5167 also seems like a nice line... wasnt here for the downward drop so sorry if I'm repeating shiiiiite.
@pawpaw1000 on Twitter
  • #213,306
  • Apr 6, 2010 5:49am Apr 6, 2010 5:49am
Quoting kill56
hey bro

we need to break the darn line h1 open below will be sooooo sweet
Is that the weekly pivot?

Moved my 1st runner's SL to just above daily S2 @15172, at least to cash in on some profit. The other 2 runners are now at BE.
  • #213,307
  • Apr 6, 2010 5:49am Apr 6, 2010 5:49am
I had a short in at 15170 which triggered this morning, after a while, put a S/L on to break even and left it. Just got a txt, price has swung back up, hit the SL and started to come back down again. Anyone else have luck like me?
Back to basics, it has to be for me!
  • #213,308
  • Apr 6, 2010 5:51am Apr 6, 2010 5:51am
Quoting pawpaw1000
1.5167 also seems like a nice line... wasnt here for the downward drop so sorry if I'm repeating shiiiiite.
It was the support line (S2 GMT on mataf.net) for a while and now hopefully the new resistance!
  • #213,309
  • Apr 6, 2010 5:52am Apr 6, 2010 5:52am
Quoting manize
5 M5 candles went bullish bro !
hey bro

as the wise man said hit and run baby
  • #213,310
  • Apr 6, 2010 5:52am Apr 6, 2010 5:52am
Sold UJ @93.92 SL 94.60 TP --- > not determined
  • #213,311
  • Apr 6, 2010 5:54am Apr 6, 2010 5:54am
Quoting Faryad
bb how r u matey n howz trading ?
Faryad, I'm good mate... Trading, enough for BEER MONEY TM

How you travelling?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #213,312
  • Apr 6, 2010 5:54am Apr 6, 2010 5:54am
Quoting negro wolf
shorting cable @ 1.5230

next t.p = 1.5030

good luck to all

how did u work this out?
  • #213,313
  • Apr 6, 2010 5:55am Apr 6, 2010 5:55am
Quoting Bull_Bear
Faryad, I'm good mate... Trading, enough for BEER MONEY TM

How you travelling?
GOOD flat at the moment any wayz am not wid Beers
  • #213,314
  • Apr 6, 2010 5:57am Apr 6, 2010 5:57am
Quoting bbakker
Moved my 1st runner's SL to just above daily S2 @15172, at least to cash in on some profit. The other 2 runners are now at BE.
Not looking good on M15/M30, did not want to take your profits at the bottom? Took mine at 513
  • #213,315
  • Apr 6, 2010 5:57am Apr 6, 2010 5:57am
Slightly off topic post, but U-Cad within a pip of parity with the $.

Dogs & cats, living together....
******************* I'd rather make money than be right.
  • #213,316
  • Apr 6, 2010 5:58am Apr 6, 2010 5:58am
Quoting bbakker
It was the support line (S2 GMT on mataf.net) for a while and now hopefully the new resistance!
no its not i dont know how it calculat but its a great indi
  • #213,317
  • Apr 6, 2010 6:04am Apr 6, 2010 6:04am
it just bounce maybe to 1.5200... but it will go down later to at least 1.5052...
  • #213,318
  • Apr 6, 2010 6:06am Apr 6, 2010 6:06am
Quoting Bebetomuda
it just bounce maybe to 1.5200... but it will go down later to at least 1.5052...

Arbritary statement, where did you get those numbers from, your muesli?
  • #213,319
  • Apr 6, 2010 6:09am Apr 6, 2010 6:09am
Quoting cloggie
Not looking good on M15/M30, did not want to take your profits at the bottom? Took mine at 513
My 1st runner was cashed in a little earlier than I would have liked, but still a 58 pip profit and my trade this morning is now profitable. I have moved the SL on my 2nd and 3rd runner into BE @15230. These are long-term plays and if it goes back north, then oh well, I still made my money on this particular play.

I also closed half of my position on fibre for a 20 pip profit and moved the SL on the other half to BE. I'm focusing more on cable for the moment.

I will no doubt be opening a new position tomorrow morning early!

It will be interesting to see when I get a conflict whereby I have some long-term runners in one direction, but my signal tells me to open a position in the opposite direction, although I haven't got to this situation as yet
  • #213,320
  • Apr 6, 2010 6:09am Apr 6, 2010 6:09am
Quoting Bebetomuda
it just bounce maybe to 1.5200... but it will go down later to at least 1.5052...

I agree with ya on that one...

Cloggs, bbakker is doing the three lil runners thing to try catch more of the move...

I'm doing the same. I split my trade into 3. Take 40% 1st, 30% 2nd and the last 30% I just let run to BE or to bottom (in this case 4780?)
@pawpaw1000 on Twitter
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