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Cable Update (GBPUSD)

  • #216,601
  • Apr 13, 2010 5:35am Apr 13, 2010 5:35am
I'm long now. Conservative manifesto probably going to boost the pound. Working so far anyway ...
  • #216,602
  • Apr 13, 2010 5:35am Apr 13, 2010 5:35am
Quoting OldReigatian
OK we all know $ likes 100 pips in a day. Currently H is 1.54102 L is 1.5335.

Where do we expect it will get to before US news: 1.5445 or down to 1.53102. My hunch is that it will go up to 1.5435 therefore I have just placed a trade long at 1.5395 tp at 1.5430 sl 1.5370.
also long 5417, looking at 5480...

s/l 5380...
@pawpaw1000 on Twitter
  • #216,603
  • Apr 13, 2010 5:36am Apr 13, 2010 5:36am
Quoting bbmac
This 30min bullish pinbar/hammer close targets the box for longs

G/L

target met..
Attached Image
ex member
  • #216,604
  • Apr 13, 2010 5:36am Apr 13, 2010 5:36am
Quoting cloggie
Gold back over 1150, our fearless rooky is going to see his account blown very publicly here shortly. Guess that phone call from GS was telling porkies.
Yea Cloggie. I'm sure you were once like that but not that fearless . It's part of the learning curve. I was frightened when I saw that too.
  • #216,605
  • Apr 13, 2010 5:37am Apr 13, 2010 5:37am
Quoting Bull_Bear
Original trade call



Amended trade call on SL and TP



Missed TP by a pip or 2.....

Have CLOSED manually... @ 1.5364

Buy 1.5364.. SL.. 1.5275 TP.. 1.5540

See ya at the london session
SL amended to 1.5330... let her run now with minimal risk... next SL amended will be BE
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #216,606
  • Apr 13, 2010 5:39am Apr 13, 2010 5:39am
I just don't get it, why are some people long in the middle of a move rather than pending at support? I don't think right now is the right time to enter long, should have entered at 23.6 fibo test or breakout retest of current resistance. Miss the bus, you have to wait..
  • #216,607
  • Apr 13, 2010 5:42am Apr 13, 2010 5:42am
Quoting A-speculator
I just don't get it, why are some people long in the middle of a move rather than pending at support? I don't think right now is the right time to enter long, should have entered at 23.6 fibo test or breakout retest of current resistance. Miss the bus, you have to wait..
I got 5410 as resistance so entered when we broke it... Simple.
@pawpaw1000 on Twitter
  • #216,608
  • Apr 13, 2010 5:43am Apr 13, 2010 5:43am
quick scalps. not confident in the rest of the upmove.
Attached Image (click to enlarge)
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  • #216,609
  • Apr 13, 2010 5:45am Apr 13, 2010 5:45am
Quoting pawpaw1000
also long 5417, looking at 5480...

s/l 5380...
I'm long at 414. Aiming for 460. GL
  • #216,610
  • Apr 13, 2010 5:46am Apr 13, 2010 5:46am
Quoting The Magician
I'm long at 414. Aiming for 460. GL
@pawpaw1000 on Twitter
  • #216,611
  • Apr 13, 2010 5:46am Apr 13, 2010 5:46am
Quoting pawpaw1000
I got 5410 as resistance so entered when we broke it... Simple.
I think your price is far, far away from a so called cluster support (5325 plus minus 50 pips). Perhaps, you are analyzing lower TF, I don't know.. Im sure everyone has their own strategy.. Good luck bro..
  • #216,612
  • Apr 13, 2010 5:47am Apr 13, 2010 5:47am
hey pawpaw...I sent you a pm.....
  • #216,613
  • Apr 13, 2010 5:48am Apr 13, 2010 5:48am
That little rise was pleasant, wasn't it SL moved to BE+1. Feet up time
  • #216,614
  • Apr 13, 2010 5:49am Apr 13, 2010 5:49am
Quoting OldReigatian
OK we all know $ likes 100 pips in a day. Currently H is 1.54102 L is 1.5335.

Where do we expect it will get to before US news: 1.5445 or down to 1.53102. My hunch is that it will go up to 1.5435 therefore I have just placed a trade long at 1.5395 tp at 1.5430 sl 1.5370.
KER-CHING - Target Met and on G/J 140 pips up on day - needed that badly after my balls up yesterday.

Just waiting for GBP-EUR to hit .88 and that'll be the hat-trick

Gonna wait until after US trade figures and see what direction it takes now. Don't want to go blowing it all immediately!!!
  • #216,615
  • Apr 13, 2010 5:49am Apr 13, 2010 5:49am
Quoting omiunu
Can some one please tell me i am not crazy :d

You should be getting close to your margin call about now.
  • #216,616
  • Apr 13, 2010 5:50am Apr 13, 2010 5:50am
Changing the channel !










Attached Image (click to enlarge)
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  • #216,617
  • Apr 13, 2010 5:50am Apr 13, 2010 5:50am
Quoting A-speculator
I think your price is far, far away from a so called cluster support (5325 plus minus 50 pips). Perhaps, you are analyzing lower TF, I don't know.. Im sure everyone has their own strategy.. Good luck bro..
already posted this but ok...
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@pawpaw1000 on Twitter
  • #216,618
  • Apr 13, 2010 5:50am Apr 13, 2010 5:50am
Hope our "crazy" friend is doing ok with this small drawdown..
  • #216,619
  • Apr 13, 2010 5:54am Apr 13, 2010 5:54am
Quoting pawpaw1000
already posted this but ok...
I see.. so you are using MA as your S&R.. orait then.. Well, here's mine. i use fibo as s&r..
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  • #216,620
  • Apr 13, 2010 5:55am Apr 13, 2010 5:55am
Quoting cloggie
Long 5370
Closed 5426
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