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Cable Update (GBPUSD)

  • #226,001
  • May 12, 2010 6:49am May 12, 2010 6:49am
Quoting omar79
buy 1.4925
s/ 1.4860
t/p 1.5100
omer if the ema 200 holds on m15 we might see h3 again
Attached Image (click to enlarge)
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  • #226,002
  • May 12, 2010 6:50am May 12, 2010 6:50am
Quoting manize
I think a similar idea, let us see at what level the H4 close/ open next 17 minutes on US session open !

just a close under 1.4870 will open the door again to test 1.4800 again, we hope not
Winning isn't Everything...Winning is THE ONLY THING
  • #226,003
  • May 12, 2010 6:59am May 12, 2010 6:59am
Quoting omar79
just a close under 1.4870 will open the door again to test 1.4800 again, we hope not
I hope not too.

Caught 70 on the way up this morning. Noob stupidity and light headedness on the back of that got me to do another when we'd retraced a bit just before the King spoke (stupid stupid me). I have to laugh at it, should have learned by now!

Back long again hoping to get back to square 1!

On the back of that, I've composed a little ditty:

You put your buy order in
You close your buy order out
In out in out
Green pips thrown all about

You stick another trade in
And you turn around
That when there is a big drop

Ohhhhhh your in the red again
Ohhhhhh your in the red again
Ohhhhhh your in the red again

Knees bent
Sphincter twitched
Ra Ra Ra
Back to basics, it has to be for me!
  • #226,004
  • May 12, 2010 7:00am May 12, 2010 7:00am
Quoting kill56
omer if the ema 200 holds on m15 we might see h3 again
i build my postion according to 4h and daily chart, all the fall down from the top i think he will cover it again, unless he break 1.4870.

lets watch and see

222182or
Winning isn't Everything...Winning is THE ONLY THING
  • #226,005
  • May 12, 2010 7:06am May 12, 2010 7:06am
It's like treading in treacle today... zzzzzzzzzzzzzzzzzzzzzzzzzzzzz

please let's go south b4 retracing... I can hardly kep my eyes open at the moment!!!
  • #226,006
  • May 12, 2010 7:13am May 12, 2010 7:13am
This has got to break out eventually. You still have to lean toward down but expierience and the weekly tells me we soon will be heading up. Drop dead zone for the bulls is 1.5050 - 1.5070 area only if tested.
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  • #226,007
  • May 12, 2010 7:18am May 12, 2010 7:18am
Quoting Nene
This has got to break out eventually. You still have to lean toward down but expierience and the weekly tells me we soon will be heading up. Drop dead zone for the bulls is 1.5050 - 1.5070 area only if tested.

Just a little hint, when posting charts select, "active chart" to keep your account number off.

Looks like NY is giving us a sneaky short for the scalpers.

4918 and 4898 are the ones to watch trading this, not to my liking.
  • #226,008
  • May 12, 2010 7:20am May 12, 2010 7:20am
Quoting cloggie
Just a little hint, when posting charts select, "active chart" to keep your account number off.
u still up and running
  • #226,009
  • May 12, 2010 7:21am May 12, 2010 7:21am
Quoting kill56
omer if the ema 200 holds on m15 we might see h3 again
Do you look at the OsMA and MACD's at all kill (only ask as they are not on your posted charts)?

On the M5 we're just breaking the 200 line now, and the 24 is about to cross too.

1440 and 55 are both crossing at the top of the bar on the M5 too.

Sounds like some kind of planitary alighnment is happeningon the charts, I hope it shoots up now! Seems EUR and GBP are the only ones struggling today.
Back to basics, it has to be for me!
  • #226,010
  • May 12, 2010 7:22am May 12, 2010 7:22am
Quoting kill56
u still up and running

Yeah, took the run up and the run down as we are back at the London open, I am flat, not a scalper.
  • #226,011
  • May 12, 2010 7:23am May 12, 2010 7:23am
Quoting cloggie
Looks like NY is giving us a sneaky short for the scalpers.

4918 and 4898 are the ones to watch trading this, not to my liking.

First gone, eyes on the second one.
  • #226,012
  • May 12, 2010 7:25am May 12, 2010 7:25am
Quoting BadTradingFi
Do you look at the OsMA and MACD's at all kill (only ask as they are not on your posted charts)?

On the M5 we're just breaking the 200 line now, and the 24 is about to cross too.

1440 and 55 are both crossing at the top of the bar on the M5 too.

Sounds like some kind of planitary alighnment is happeningon the charts, I hope it shoots up now! Seems EUR and GBP are the only ones struggling today.

no i dont ma's is more than enough

u are right waiting for conformation from m15
  • #226,013
  • May 12, 2010 7:39am May 12, 2010 7:39am
Quoting cloggie
First gone, eyes on the second one.

Second one gone, now we got that out of our system lets look at a longer term direction here.
  • #226,014
  • May 12, 2010 7:45am May 12, 2010 7:45am
Quoting cloggie
Second one gone, now we got that out of our system lets look at a longer term direction here.
LOL! You think that was just a short term blip then to close off a gap or something? I ask because I'm curious, stupid and in the red again so just wondering where we're going now!

And shouldnt the US news be bad for the the USD?!
Back to basics, it has to be for me!
  • #226,015
  • May 12, 2010 7:49am May 12, 2010 7:49am
Quoting BadTradingFi
LOL! You think that was just a short term blip then to close off a gap or something? I ask because I'm curious, stupid and in the red again so just wondering where we're going now!

And shouldnt the US news be bad for the the USD?!
I expected NY to take a run at the low. And that news was actually not bad at all, hardly a blip in trade balance with the dollar appreciating against all the majors is good news.
  • #226,016
  • May 12, 2010 7:52am May 12, 2010 7:52am
Quoting cloggie
I expected NY to take a run at the low. And that news was actually not bad at all, hardly a blip in trade balance with the dollar appreciating against all the majors is good news.
Ah, good point, forgot to take into consideration the strength of the dollar!

Ta for the info, makes good sense that, just hope they decide to help it back above DP now!
Back to basics, it has to be for me!
  • #226,017
  • May 12, 2010 7:55am May 12, 2010 7:55am
Quoting BadTradingFi
Ah, good point, forgot to take into consideration the strength of the dollar!

Ta for the info, makes good sense that, just hope they decide to help it back above DP now!

We are back where we started, right in between the Franky and London open.
  • #226,018
  • May 12, 2010 7:57am May 12, 2010 7:57am
Nice slide south for 40, now for the retrace back towards todays high.

As a newbie, I've learnt much but the biggest of all is patience. Better out of a trade than in a bad one.
Have a plan sorted before placing a trade and don't worry about taking the odd loss.

Very excited about the future!
  • #226,019
  • May 12, 2010 7:59am May 12, 2010 7:59am
Quoting Bull_Bear
Buy

1.5002.. SL 1.4900.. TP 1.5120
SL Hit

Quoting Bull_Bear
Lets load another buy on her...

1.4920.. SL 1.4800.. TP 1.5120
closed maually @ 1.4895

Quoting Bull_Bear
Buy EUR

1.2665.. SL 1.2580 TP 1.2930
Closed manully @ 1.2672

All longs closed
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #226,020
  • May 12, 2010 8:00am May 12, 2010 8:00am
Quoting willo
Nice slide south for 40, now for the retrace back towards todays high.

As a newbie, I've learnt much but the biggest of all is patience. Better out of a trade than in a bad one.
Have a plan sorted before placing a trade and don't worry about taking the odd loss.

Very excited about the future!

The run south hasn't finished yet.
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