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Cable Update (GBPUSD)

  • #216,261
  • Apr 12, 2010 10:49am Apr 12, 2010 10:49am
crackforex heads i told u give her some love
  • #216,262
  • Apr 12, 2010 10:49am Apr 12, 2010 10:49am
hi guys,

was actually closed my 1/3 short position (30 lots) with profit..
rest still goes in wright direction..

what do you think -what happen next.. up or down..

more greens for you guys.
  • #216,263
  • Apr 12, 2010 10:52am Apr 12, 2010 10:52am
Quoting pawpaw1000
I'm gonna be so hacked off if it bounces at 65 again...

CRACKFOREX IS THE WORD!!!
can't believe it... aiaiaiai...
@pawpaw1000 on Twitter
  • #216,264
  • Apr 12, 2010 10:55am Apr 12, 2010 10:55am
Quoting pawpaw1000
can't believe it... aiaiaiai...
no love no sugar no relax easy
Attached Image
  • #216,265
  • Apr 12, 2010 10:56am Apr 12, 2010 10:56am
Quoting pawpaw1000
can't believe it... aiaiaiai...
Maybe you should read BB's post again
http://www.forexfactory.com/showthre...82#post3629982

To sum it up:
Stick to YOUR charts and YOUR plan!
  • #216,266
  • Apr 12, 2010 10:57am Apr 12, 2010 10:57am
Quoting kill56
no love no sugar no
Inserted Video
@pawpaw1000 on Twitter
  • #216,267
  • Apr 12, 2010 10:57am Apr 12, 2010 10:57am
I made a mistake and went short on Friday at 1.5268, then added to the insult by holding over weekend. Basically stuck. So retracing the gap has been good for me. I'm hoping, obviously, for it to head down to MA200 on M30, which is about 60% on my Fibo.
I'm watching for a clear turn to get out at the lowest loss.
If it breaks 53800, how far down do you all think it could go? It's possible it could go to 100% fibo at 1.5153? However, beyond watching for the turn, should I be thinking break even instead of holding for profit?
This could have been much worse, so I got lucky and learned my lesson...always use a SL.
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  • #216,268
  • Apr 12, 2010 10:58am Apr 12, 2010 10:58am
on 15min time frame possibility of double bottom forming.....alot would epend how current 15min candle closes, if it closes near the top with long wick to the downside more likely that double bottom will form otherwise no.
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  • #216,269
  • Apr 12, 2010 11:00am Apr 12, 2010 11:00am
Quoting bbakker
Maybe you should read BB's post again
http://www.forexfactory.com/showthre...82#post3629982

To sum it up:
Stick to YOUR charts and YOUR plan!
Yeah, Not saying I'm closing my short yet but have moved s/l closer...

I just dont like to see an engulfing candle starting at the same low and closing higher as on the james 16 thread it was one of the indicators that price would turn...

MMM...

lets hope not this time..
@pawpaw1000 on Twitter
  • #216,270
  • Apr 12, 2010 11:00am Apr 12, 2010 11:00am
Quoting pawpaw1000
http://www.youtube.com/watch?v=E8aprCNnecU

mannnnnnnnnnnnnnnnnn i love it
  • #216,271
  • Apr 12, 2010 11:02am Apr 12, 2010 11:02am
Quoting kill56
mannnnnnnnnnnnnnnnnn i love it

I know, it is freaking ridiculous!!! and how appropriate for this darn cable!!!
@pawpaw1000 on Twitter
  • #216,272
  • Apr 12, 2010 11:03am Apr 12, 2010 11:03am
Quoting bbakker
Maybe you should read BB's post again
http://www.forexfactory.com/showthre...82#post3629982

To sum it up:
Stick to YOUR charts and YOUR plan!

i say
Attached Image
  • #216,273
  • Apr 12, 2010 11:04am Apr 12, 2010 11:04am
Quoting Boon Doc
I made a mistake and went short on Friday at 1.5268, then added to the insult by holding over weekend. Basically stuck. So retracing the gap has been good for me. I'm hoping, obviously, for it to head down to MA200 on M30, which is about 60% on my Fibo.
I'm watching for a clear turn to get out at the lowest loss.
If it breaks 53800, how far down do you all think it could go? It's possible it could go to 100% fibo at 1.5153? However, beyond watching for the turn, should I be thinking break even instead of holding for profit?
This could have been...
I do hope so, if you want to go far in this game!
  • #216,274
  • Apr 12, 2010 11:08am Apr 12, 2010 11:08am
For me with 80% of the 14 day ATR taking us down to 368 off todays high.

Therefore getting a good winning intraday short at near current levels must be a lower probablity trade
  • #216,275
  • Apr 12, 2010 11:10am Apr 12, 2010 11:10am
Moved SL to BE
  • #216,276
  • Apr 12, 2010 11:15am Apr 12, 2010 11:15am
Hi guys

Just checking in following a meeting

Glad to see my GBP/EUR trade triggered just a few minutes ago from .881 at .884.

Just shy of breakeven on cable unfortunately, although I am still only on the 1st leg of my 3 leg strategy, so as long as it gets back up to around 1.5385 I'll be in profit on cable too.

Hope you all did well. I feel that tide on GBP/USD has turned back bearish looking at some of the more recent charts on here, but I shalln't be lumping on just yet as today appears to have been very muted/inconclusive.

GL to you all.
  • #216,277
  • Apr 12, 2010 11:16am Apr 12, 2010 11:16am
Quoting bbakker
Moved SL to BE
WE PIERCED IT AT LAST, lets hope it breaks!!!
@pawpaw1000 on Twitter
  • #216,278
  • Apr 12, 2010 11:16am Apr 12, 2010 11:16am
Quoting bbakker
I do hope so, if you want to go far in this game!
Thanks BB, certainly want to last long in this game.
It finally broke through! Yeeeaaahhhhh!
  • #216,279
  • Apr 12, 2010 11:16am Apr 12, 2010 11:16am
15334 here we come!
  • #216,280
  • Apr 12, 2010 11:17am Apr 12, 2010 11:17am
Quoting pawpaw1000
WE PIERCED IT AT LAST, lets hope it breaks!!!

are u happy now
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