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Cable Update (GBPUSD)

  • #213,741
  • Apr 7, 2010 2:50am Apr 7, 2010 2:50am
Quoting cableboy
cloggs been watching you for a while and love your 15 min break out trade setups but the t/p have been killing me as i always pull out to early. what do you use for t/p ???? i tend to sell halfthe lot too early using this setup

I look at the next SR and MA's on H4 for my targets. If this downmove continues, have 5128 as my first target.
  • #213,742
  • Apr 7, 2010 2:51am Apr 7, 2010 2:51am
Quoting pawpaw1000
just got back! locked my gf in apartment by mistake oops!!!

anyhow, my short worked but didnt trigger my 2nd one at the top, missed by 8 pips.....

I'm going short below 520000...
Are you selling right now? And if yes, where did you sell?
  • #213,743
  • Apr 7, 2010 2:51am Apr 7, 2010 2:51am
hi i need some mt4 help from you tech wiz people

i posted the chart, i'm new to charting with mt4--finally got fed up with saxo's charting software.

how come the text for my daily pivots keep moving away from the lines?

how do i fix this?

anybody have a better indicator for pivots? (norm ones, not camarillas or fib pivs)
Attached Image (click to enlarge)
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  • #213,744
  • Apr 7, 2010 2:51am Apr 7, 2010 2:51am
Nice profits on short position..will see PA at S 1.
  • #213,745
  • Apr 7, 2010 2:52am Apr 7, 2010 2:52am
http://chart.ly/qwapes
  • #213,746
  • Apr 7, 2010 2:52am Apr 7, 2010 2:52am
Quoting bbakker
Hit my SL @ 15220. I have reversed the position.
I am not going short yet, would be a revenge trade in my book. Need to have a better entry either way.
  • #213,747
  • Apr 7, 2010 2:53am Apr 7, 2010 2:53am
Quoting kingfisher
Nice profits on short position..will see PA at S 1.
My thinking too!
  • #213,748
  • Apr 7, 2010 2:53am Apr 7, 2010 2:53am
Quoting cloggie
I look at the next SR and MA's on H4 for my targets. If this downmove continues, have 5128 as my first target.

Where did you chose 1.5128 as your next target when the first support is at 1.5159
  • #213,749
  • Apr 7, 2010 2:54am Apr 7, 2010 2:54am
rooom plz help me the b;;;;;;;;;;;;;;;;;h draging me down
Attached Image
  • #213,750
  • Apr 7, 2010 2:54am Apr 7, 2010 2:54am
hey bbakker,

the h1 channel holding nicely, too bad i didnt trade accordingly!!! we should go down to 5130 if we can break 52000

what u think cloggs?
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@pawpaw1000 on Twitter
  • #213,751
  • Apr 7, 2010 2:56am Apr 7, 2010 2:56am
Quoting cloggie
I am not going short yet, would be a revenge trade in my book. Need to have a better entry either way.
Too true! It could still come back to bite me. I have another tight SL above DP.
  • #213,752
  • Apr 7, 2010 2:57am Apr 7, 2010 2:57am
Quoting tundeakins
Where did you chose 1.5128 as your next target when the first support is at 1.5159
1.5128 was yesterday's low
Better safe than sorry
  • #213,753
  • Apr 7, 2010 2:58am Apr 7, 2010 2:58am
Quoting pawpaw1000
hey bbakker,

the h1 channel holding nicely, too bad i didnt trade accordingly!!! we should go down to 5130 if we can break 52000

what u think cloggs?
S1 is @ ~15155. That's where I will be looking to TP.
  • #213,754
  • Apr 7, 2010 2:58am Apr 7, 2010 2:58am
Quoting bbakker
Too true! It could still come back to bite me. I have another tight SL above DP.
what have you 2 been up to in my absence? went long, betraying your bear forefathers and got bashed?


Edit: obviously nit laughing at loss but the bear forefathers thing...
@pawpaw1000 on Twitter
  • #213,755
  • Apr 7, 2010 2:58am Apr 7, 2010 2:58am
Too late to go short. Wait for the retracement then jump in on the continuation.
  • #213,756
  • Apr 7, 2010 3:00am Apr 7, 2010 3:00am
Quoting pawpaw1000
what have you 2 been up to in my absence? went long, betraying your bear forefathers and got bashed?


Edit: obviously nit laughing at loss but the bear forefathers thing...

Yup, however 150ma on H1 may come into play here.
  • #213,757
  • Apr 7, 2010 3:00am Apr 7, 2010 3:00am
Quoting pawpaw1000
what have you 2 been up to in my absence? went long, betraying your bear forefathers and got bashed?


Edit: obviously nit laughing at loss but the bear forefathers thing...
It was a small loss of 15 pips, so now many v's in bothered?
  • #213,758
  • Apr 7, 2010 3:01am Apr 7, 2010 3:01am
Quoting Awp Shout
It time to sell now.. SL is only 60 pips...
Hehehee... i knew it... she is my lady..

This is update chart!!
Attached Image (click to enlarge)
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  • #213,759
  • Apr 7, 2010 3:01am Apr 7, 2010 3:01am
go to 1.5126!
  • #213,760
  • Apr 7, 2010 3:01am Apr 7, 2010 3:01am
I've been stuck in Sell trades for a week now. Looking for a good drop to get out for as little negative as possible. Had 5 contracts up at 1.52795 with a tight SL which got tripped by the long upper shadow at 11:00, then the plummet. So I got back in at 282 with a trailing stop set at 200 pips.
Here's to a good drop!
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