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Cable Update (GBPUSD)

  • #213,761
  • Apr 7, 2010 5:02am Apr 7, 2010 5:02am
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.
cool i see

i lack dicipline in letting em run other than when im trading half a lot.
ive been blessed with 90pips this morning so far. just come off a night shift and need to get some sleep so moved my trade from 225 to b/e and am selling half at 185 my 2nd target gonna be 128ish hopefully it will be there when i wake up.

good luck boys collect them pips!
  • #213,762
  • Apr 7, 2010 5:03am Apr 7, 2010 5:03am
Quoting £Check
any suggested TP for me, am sort from 5203 with a big position
S1 @~15155

Cloggie says "If this downmove continues, have 5128 as my first target"
  • #213,763
  • Apr 7, 2010 5:03am Apr 7, 2010 5:03am
I'm favouring a return back to the 1hr sma (1.523ish) before another move down.

I've closed shorts and will await another entry.
  • #213,764
  • Apr 7, 2010 5:04am Apr 7, 2010 5:04am
Quoting bbakker
It was a small loss of 15 pips, so now many v's in bothered?
? sorry, dont understand question... you having to type too quickly cause your boss is watching?

I'm soooooo keen to short this beech all the way to 470000000000000
@pawpaw1000 on Twitter
  • #213,765
  • Apr 7, 2010 5:04am Apr 7, 2010 5:04am
Quoting kill56
rooom plz help me the b;;;;;;;;;;;;;;;;;h draging me down
Your bear cavalary come too late, I close all short surrounding 1.5273 a few minute before they come !!!!
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #213,766
  • Apr 7, 2010 5:05am Apr 7, 2010 5:05am
here is the indy

cheers!

Quoting pursuit_21
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 File(s)
File Type: ex4 Robot Forex 2008 Pivot.ex4   16 KB | 223 downloads
... feel better day by day.
  • #213,767
  • Apr 7, 2010 5:05am Apr 7, 2010 5:05am
Quoting £Check
any suggested TP for me, am sort from 5203 with a big position
if ur position is big u can get out @ low or @ S1 1.5159 or wait it for more drop
u can make ur SL above DP

Good Luck
  • #213,768
  • Apr 7, 2010 5:06am Apr 7, 2010 5:06am
Think we'll see a downward move when US opens. Until then I think it will bounce around the 1.52 marker. Ok for scalpers. I'm going to get out at 1.5175 per my original trade. 70 pips is worthwhile and better than risking a move back up.
  • #213,769
  • Apr 7, 2010 5:06am Apr 7, 2010 5:06am
Quoting gammase1
answers, answers.....

Yes, on this occasion, but over time, our stats and realised P&L show we will arrive at the party in good time, much more often than not, while the punch is still flowing freely.

Not really.

Definitely, I hope...

120 pip loss realised on this trade, leaving us up 1 pip on the day, from the published short EURJPY trade.

New trade: Long cable @ 15278, s/l @ 15215, t/p @ 15368

Good night
Stopped out of above position, realising a 63 pip loss.

P&L for April stands at -62 pips, following a gain of 1,500 pips in March.

We still have another long cable position running, details as follows:

long GBPUSD @ 15245, s/l 15145, t/p open objective

We shall continue to publish all trades in real-time, as we have been doing since mid-February.
  • #213,770
  • Apr 7, 2010 5:06am Apr 7, 2010 5:06am
Pretty much after the fact now , but may help somebody or spark some ideas , old trading friend of mine had a favorite saying , see a double top sell a double top , The market had spent most of its time since rollover trading below todays open price , my proverbial line in the sand , the spike up just before the news was an excellent chance to get in on a nice trade to the down side , have taken some profit now as price has reached my weekly open close area have futher downside tgt of 1.5160 area , cheers all
Attached Image (click to enlarge)
Click to Enlarge Name: today.jpg Size: 189 KB
  • #213,771
  • Apr 7, 2010 5:06am Apr 7, 2010 5:06am
This is cable, we will probably see a retest of the DP. Am long on fibre, is cable to follow suit?
  • #213,772
  • Apr 7, 2010 5:06am Apr 7, 2010 5:06am
Quoting manize
Your bear cavalary come too late, I close all short a few minute before they come !!!!
i was waiting for the break of 15220's sorry bro i will send them early next time
  • #213,773
  • Apr 7, 2010 5:08am Apr 7, 2010 5:08am
Quoting digger1
Pretty much after the fact now , but may help somebody or spark some ideas , old trading friend of mine had a favorite saying , see a double top sell a double top , The market had spent most of its time since rollover trading below todays open price , my proverbial line in the sand , the spike up just before the news was an excellent chance to get in on a nice trade to the down side , have taken some profit now as price has reached my weekly open close area have futher downside tgt of 1.5160 area , cheers all Attachment

voodoo boodoo
  • #213,774
  • Apr 7, 2010 5:08am Apr 7, 2010 5:08am
Quoting manize
Your bear cavalary come too late, I close all short surrounding 1.5273 a few minute before they come !!!!
plenty of room down manize. let the d1 lead the way
good luck
Thank You
  • #213,775
  • Apr 7, 2010 5:08am Apr 7, 2010 5:08am
Quoting AndyPass
I'm favouring a return back to the 1hr sma (1.523ish) before another move down.

I've closed shorts and will await another entry.
You are right. Good to close all shorts now and wait again for some retrace then we can continue and get back on track.
  • #213,776
  • Apr 7, 2010 5:09am Apr 7, 2010 5:09am
G/U Hr looks to be holdiing on the trendline. If PA does hold, I'll be looking for a bearish entry.
  • #213,777
  • Apr 7, 2010 5:13am Apr 7, 2010 5:13am
Quoting tundeakins
You are right. Good to close all shorts now and wait again for some retrace then we can continue and get back on track.

Whoops. Meant 1hr 50sma that is.
  • #213,778
  • Apr 7, 2010 5:14am Apr 7, 2010 5:14am
Quoting wormboy
plenty of room down manize. let the d1 lead the way
good luck
ah good to see you kung fuing your way to a good day bro , cant keep you down can they
  • #213,779
  • Apr 7, 2010 5:14am Apr 7, 2010 5:14am
Quoting gammase1
Stopped out of above position, realising a 63 pip loss.

P&L for April stands at -62 pips, following a gain of 1,500 pips in March.

We still have another long cable position running, details as follows:

long GBPUSD @ 15245, s/l 15145, t/p open objective

We shall continue to publish all trades in real-time, as we have been doing since mid-February.
You are determined that this baby is going up! mmmmm
  • #213,780
  • Apr 7, 2010 5:16am Apr 7, 2010 5:16am
Quoting kill56
i was waiting for the break of 15220's sorry bro i will send them early next time
No more send them doing other task !

Anyway DP today 1.5214 already broken on M5/M15/M30 close/open --> stiil have the chances to catch the spike down level ..... hmmmm ..... 1.5214/221 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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