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Cable Update (GBPUSD)

  • #219,381
  • Apr 19, 2010 12:54pm Apr 19, 2010 12:54pm
Quoting Emanuele
took long @ 1.52137 and by now with 830+ pips not bad

I'll let this baby run another bit.
think you mean 83 pips... ??
@pawpaw1000 on Twitter
  • #219,382
  • Apr 19, 2010 12:55pm Apr 19, 2010 12:55pm
Quoting pawpaw1000
think you mean 83 pips... ??
Ahm, yes I forgot Alpari uses 5 digit values.
  • #219,383
  • Apr 19, 2010 1:01pm Apr 19, 2010 1:01pm
Short @ 1.5300 SL 1.5400
TP open
Don't be a hero. Don't have an ego. Always question yourself
  • #219,384
  • Apr 19, 2010 1:03pm Apr 19, 2010 1:03pm
Quoting USD-Bear
Short @ 1.5300 SL 1.5400
TP open
HEYA!!! that makes me feel alot better! The others will come around at their own time bbakker!
@pawpaw1000 on Twitter
  • #219,385
  • Apr 19, 2010 1:22pm Apr 19, 2010 1:22pm
Quoting Magix
Only 1 down, 6 more to go for the week.

magix just wanna say thanks bro. your coaching form last week regarding the use of m/a's has brought so much more light to my trading. cheers bro
  • #219,386
  • Apr 19, 2010 1:24pm Apr 19, 2010 1:24pm
Quoting A-speculator
Wow, I heard micro lots in the past, but now they go nano? Maybe in the near future, they will allow pico lots..

All this are design to take money from people, how can you profit with micro or even nano lots? Happen to be a lot of basket brokers running this kind of business, I assume..
yo bro what are your t/p and s/l levels for your euro long.
im 30 pip up but am looking to gol,d for a break of 700.
  • #219,387
  • Apr 19, 2010 1:31pm Apr 19, 2010 1:31pm
Quoting cableboy
magix just wanna say thanks bro. your coaching form last week regarding the use of m/a's has brought so much more light to my trading. cheers bro
Awesome cableboy.

The more you watch the relationship with these lines, the better understanding of complete price action you will have.

If doesn't get you into every winning trade, should at least let you know when not to get into a losing trade.

Sometimes gains in market means no losses.

One trade at a time my friend.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #219,388
  • Apr 19, 2010 1:35pm Apr 19, 2010 1:35pm
Quoting cableboy
yo bro what are your t/p and s/l levels for your euro long.
im 30 pip up but am looking to gol,d for a break of 700.
Patience bro... trade on fiber will take some time... SL level is candle 4h closed below 3430.. I left TP open for now.. Currently I'm looking fwd to long the aussie, audjpy & nzdjpy @ 0.9190, 84.70 & 65.20 respectively.. If that doesn't get filled, I will let it run, and move on to other pair.. perhaps the loonie.. but it's still few hundred pips to go before I'll start thinking to long GCad, ECad & UCad.
  • #219,389
  • Apr 19, 2010 1:53pm Apr 19, 2010 1:53pm
Quoting A-speculator
Patience bro... trade on fiber will take some time... SL level is candle 4h closed below 3430.. I left TP open for now.. Currently I'm looking fwd to long the aussie, audjpy & nzdjpy @ 0.9190, 84.70 & 65.20 respectively.. If that doesn't get filled, I will let it run, and move on to other pair.. perhaps the loonie.. but it's still few hundred pips to go before I'll start thinking to long GCad, ECad & UCad.
i had a look at your jpy crosses next couple days could get you some good profit as long as equities dont take a dive. never ventured into the asain currencies or the CAD but hey ive decided to look for some good technical entries in other pairs other than g/u and e/u and have spotted a few. Namely e/g. the daily shows a good wedge formation that is tightening and in say the next couple weeks we could see a good break either way with some huge pips to be gained. with the greece situation in euro and the elections in GB if both play in the same direction this could be the cataylst that breaks the wedge. i am keeping a keen i on this cross.

sorry doods i know this is a g/u thread.
  • #219,390
  • Apr 19, 2010 1:56pm Apr 19, 2010 1:56pm
shorting GU @ 1.5300

T.P open

s.l = 1.5380
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #219,391
  • Apr 19, 2010 1:57pm Apr 19, 2010 1:57pm
Quoting negro wolf
shorting GU @ 1.5300

T.P open

s.l = 1.5380
heya, another one joining the party!!!
@pawpaw1000 on Twitter
  • #219,392
  • Apr 19, 2010 1:59pm Apr 19, 2010 1:59pm
Quoting cableboy
i had a look at your jpy crosses next couple days could get you some good profit...
This my view on EG.. seems like EG in a weekly wedge.. Personally, I don't like tightening range.. If I gonna take a trade on EG, I'd rather wait for the breakout..
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  • #219,393
  • Edited 2:09pm Apr 19, 2010 2:03pm | Edited 2:09pm
got a wedge forming here or ascending triangle. will look to trade the break which seems to be to the upside. which would close the gap and possibly take it to upper boundry of descending channel. as shown break downards will poss re-test 50 fib of current up leg acting as current res.
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  • #219,394
  • Apr 19, 2010 2:05pm Apr 19, 2010 2:05pm
Quoting A-speculator
This my view on EG.. seems like EG in a weekly wedge.. Personally, I don't like tightening range.. If I gonna take a trade on EG, I'd rather wait for the breakout..
will only trade the break as well, will be looking for good confirmation before entering. f*$k getting burnt by a fake
  • #219,395
  • Apr 19, 2010 2:23pm Apr 19, 2010 2:23pm
wow! look at the dow! half of europe/america closed down and it's up and away!!
  • #219,396
  • Apr 19, 2010 2:27pm Apr 19, 2010 2:27pm
Quoting negro wolf
shorting GU @ 1.5300

T.P open

s.l = 1.5380
waiting for 30 min to test 200ema possibly coinciding with 50 Fib level. entering now i feel is a tad bit early for me. your s/l should weather any storm if any.

currently long from 265. will exit at 15 t/p 1 is at 15 min test of 200 ema just hit as writing.
  • #219,397
  • Apr 19, 2010 2:29pm Apr 19, 2010 2:29pm
Quoting cloggie
I got my eye on 53463
Coming up.
  • #219,398
  • Apr 19, 2010 2:30pm Apr 19, 2010 2:30pm
Quoting pawpaw1000
heya, another one joining the party!!!
i am bearish but
will wait for 30 min test of 200ema before entering short which could coincide with 50 fib of current down leg
currently long from 265 with t/p 1 at test of 15 min ema which has been hit as writing t.p 2 is 50 fibo or test of 30 min 200 ema. locked in and she's running
  • #219,399
  • Apr 19, 2010 2:32pm Apr 19, 2010 2:32pm
Quoting free4440273
wow! look at the dow! half of europe/america closed down and it's up and away!!
yes .. GS seems a lot like a ruse. If dow tests 11150 level again in a day or two, many people will be screwed.
Hope we bought at the right time
Thank You
  • #219,400
  • Apr 19, 2010 2:33pm Apr 19, 2010 2:33pm
Quoting cloggie
Coming up.


a patient man
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