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Cable Update (GBPUSD)

  • #214,241
  • Apr 8, 2010 1:28am Apr 8, 2010 1:28am
Quoting pawpaw1000
agreed, am watching closely!!!

EDIT: reckon its a fake... doesnt have half as much momentum as it should!!
went and had a look at yesterdays fall, was exactly like this, little consolodation and then BAM!!!
@pawpaw1000 on Twitter
  • #214,242
  • Apr 8, 2010 1:29am Apr 8, 2010 1:29am
Quoting javapips
how about 150 pips in 4 hours? is it possible?
easy!!!
@pawpaw1000 on Twitter
  • #214,243
  • Apr 8, 2010 1:29am Apr 8, 2010 1:29am
Quoting javapips
how about 150 pips in 4 hours? is it possible?
That would be nice! Nothing is impossible!
  • #214,244
  • Apr 8, 2010 1:30am Apr 8, 2010 1:30am
Morning all,

Got a good feeling this is going down today. Cleared my 50 pips from last night (Clogs/BBakker, how long did you stay up for - not much happened despite aussies attempts)

I'm booking one trade today and that is 150 pips south to 1.5050.
  • #214,245
  • Apr 8, 2010 1:31am Apr 8, 2010 1:31am
been short from 224 im loving it. moved to be and locked in 10 pips
  • #214,246
  • Apr 8, 2010 1:32am Apr 8, 2010 1:32am
Quoting bbakker
That would be nice! Nothing is impossible!
time to TP or possibility of further fall?
  • #214,247
  • Apr 8, 2010 1:32am Apr 8, 2010 1:32am
Quoting OldReigatian
Morning all,

Got a good feeling this is going down today. Cleared my 50 pips from last night (Clogs/BBakker, how long did you stay up for - not much happened despite aussies attempts)

I'm booking one trade today and that is 150 pips south to 1.5050.
adding to my short at 73 but very weary of 30 level... will propably tp and see what happens
@pawpaw1000 on Twitter
  • #214,248
  • Apr 8, 2010 1:33am Apr 8, 2010 1:33am
Quoting cableboy
been short from 224 im loving it. moved to be and locked in 10 pips
hey cable boy,

this breakout could've gone either way so I normally wait and see 1st as its a 50 50 story...
@pawpaw1000 on Twitter
  • #214,249
  • Apr 8, 2010 1:34am Apr 8, 2010 1:34am
Quoting OldReigatian
Morning all,

Got a good feeling this is going down today. Cleared my 50 pips from last night (Clogs/BBakker, how long did you stay up for - not much happened despite aussies attempts)

I'm booking one trade today and that is 150 pips south to 1.5050.
I dragged myself up to bed at 00:30. Up again at 06:15 with the kids, like every morning! I get a lie-in on Saturdays.... 8am

Edit: Cloggie went up to bed 15min earlier, and looks like he is still in it!
  • #214,250
  • Apr 8, 2010 1:35am Apr 8, 2010 1:35am
Quoting pawpaw1000
adding to my short at 73 but very weary of 30 level... will propably tp and see what happens
Watch out around the 72 level, thats where the 1hr 200sma is, and bounces from that are pretty frequent, as noted a few posts ago. If we close under 70 ill add to my short.
  • #214,251
  • Apr 8, 2010 1:37am Apr 8, 2010 1:37am
Quoting pawpaw1000
well, then I gotta be looking short! my 150 ma is now where price is and if we close below I am biased south, with a spike north 1st like yesterday???
Why you think lately bro ? God Bless Me stole a quickly short 40 pips from 1.5220 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #214,252
  • Apr 8, 2010 1:37am Apr 8, 2010 1:37am
hi

nice greenie day still we are going east
  • #214,253
  • Apr 8, 2010 1:38am Apr 8, 2010 1:38am
Quoting bbakker
I have taken liberties and doodled all over your piece of art to show you my wedgie

Attachment
I'm taking some profit at the ltl! She could bounce back up from there! She has done last two times!
  • #214,254
  • Apr 8, 2010 1:38am Apr 8, 2010 1:38am
Quoting pawpaw1000
hey cable boy,

this breakout could've gone either way so I normally wait and see 1st as its a 50 50 story...
ive been quite successful at catching the early morning breaks ive got system that uses 1 min 3 min and 5 min that gets me in nice and early at a small risk the thing is it can take 2 to 3 enteries but for the last 3 days ive got them on the 1st. my second entry abides by more confirmed methods. go get em paw paw
  • #214,255
  • Apr 8, 2010 1:39am Apr 8, 2010 1:39am
I'm not sure this has much further to go (although I would like for it to be rubbish!). I've a trend line running under this and it's not much futher to go.

That said, I've removed my 15150 target and just put a trailing stop on it now which is fairly close.
Back to basics, it has to be for me!
  • #214,256
  • Apr 8, 2010 1:43am Apr 8, 2010 1:43am
Quoting bbakker
I'm taking some profit at the ltl! She could bounce back up from there! She has done last two times!

with ya on that....

Thanks cableboy, nice to know. And manize, I like to play it safe, let PA confirm... I've found its very easy to make pips but its helluva hard to keep them

where's that ruby, I'm sure its in here somewhere...BB?
@pawpaw1000 on Twitter
  • #214,257
  • Apr 8, 2010 1:44am Apr 8, 2010 1:44am
Quoting BadTradingFi
I'm not sure this has much further to go (although I would like for it to be rubbish!). I've a trend line running under this and it's not much futher to go.

That said, I've removed my 15150 target and just put a trailing stop on it now which is fairly close.
At least you bagged some green pips today! It is a step in the right direction!
  • #214,258
  • Apr 8, 2010 1:46am Apr 8, 2010 1:46am
Quoting pawpaw1000
with ya on that....

Thanks cableboy, nice to know. And manize, I like to play it safe, let PA confirm... I've found its very easy to make pips but its helluva hard to keep them

where's that ruby, I'm sure its in here somewhere...BB?
Cloggie's ruby was at 15180 but I'm sure he didn't collect all of them!
  • #214,259
  • Apr 8, 2010 1:46am Apr 8, 2010 1:46am
Yesterdays drop seems awefully similar to todays...

todays is a bit lower though so maybe that means we going lower

propably not...
Attached Image (click to enlarge)
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@pawpaw1000 on Twitter
  • #214,260
  • Apr 8, 2010 1:48am Apr 8, 2010 1:48am
Quoting bbakker
At least you bagged some green pips today! It is a step in the right direction!
Yup, nice to make a good call. Minimum I'm taking out of this is 85 pips.

Ooops, looks like it's going back up....
Back to basics, it has to be for me!
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