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Cable Update (GBPUSD)

  • #235,701
  • Jul 5, 2010 8:03pm Jul 5, 2010 8:03pm
Quoting Honored
I am Buying here at S1 @ 1.5082 TP 40-50 pips around 5135 or at EU open which ever comes first. S1 has held the JPY onslaught during the Asian session. SL @ BE. Enjoying the free ride.

how did you get filled? low i got printed @83 before spread.
Thank You
  • #235,702
  • Jul 5, 2010 8:04pm Jul 5, 2010 8:04pm
Quoting wormboy
how did you get filled? low i got printed @83 before spread.
i went long 92 so at least we are in the same boat
  • #235,703
  • Jul 5, 2010 8:07pm Jul 5, 2010 8:07pm
Quoting wormboy
5041 next supp level. That fails, cable goes back to where the move started @4895. If 5041 holds, we're likely see new weekly high.
Currently selling is the better option.

Good luck.
I am glad you are selling. That divergence on 5m today was only good for 50 pips lol.
  • #235,704
  • Jul 5, 2010 8:09pm Jul 5, 2010 8:09pm
Quoting wormboy
how did you get filled? low i got printed @83 before spread.
The low i got was 5081 . It hit twice. Every broker uses different filters. Check http://www.dailyfx.com/index.html Their low was 1.5080
  • #235,705
  • Jul 5, 2010 8:11pm Jul 5, 2010 8:11pm
Quoting budak baru
i got head n shoulder forming....
i still get head n shoulder forming.i had short from 1.5145 sl at be.target profit 1.49..
Gold Expedition Return This Year: -16.4%
  • #235,706
  • Jul 5, 2010 8:12pm Jul 5, 2010 8:12pm
Quoting Honored
I am glad you are selling. That divergence on 5m today was only good for 50 pips lol.
what's so funny? 50 pips after ldn close & without new york. It was a good trade. Anyone who sold at the point the divergence kicked in wouldn't have made anything.
oh wait .... "lol"
Thank You
  • #235,707
  • Jul 5, 2010 8:15pm Jul 5, 2010 8:15pm
Quoting Allseeingeye
i went long 92 so at least we are in the same boat
nah mate I bought yesterday after ldn close & took it off the table @5130
I sold on asia open.
Thank You
  • #235,708
  • Jul 5, 2010 8:16pm Jul 5, 2010 8:16pm
Quoting wormboy
nah mate I bought yesterday after ldn close & took it off the table @5130
I sold on asia open.
well one boat will sink , i got my life preserver ready!
  • #235,709
  • Jul 5, 2010 8:16pm Jul 5, 2010 8:16pm
Quoting wormboy
what's so funny? 50 pips after ldn close & without new york. It was a good trade. Anyone who sold at the point the divergence kicked in wouldn't have made anything.
oh wait .... "lol"
na bro, nothing funny. i thought u were still holding that long. lol j/k
  • #235,710
  • Jul 5, 2010 8:17pm Jul 5, 2010 8:17pm
Quoting Allseeingeye
well one boat will sink , i got my life preserver ready!
hehe
where is your stop? I want it
mine is placed @5198
Thank You
  • #235,711
  • Jul 5, 2010 8:19pm Jul 5, 2010 8:19pm
Quoting Honored
na bro, nothing funny. i thought u were still holding that long. lol j/k
alrite brother no biggie
good luck with your trade. later fellas!
Thank You
  • #235,712
  • Jul 5, 2010 8:22pm Jul 5, 2010 8:22pm
Quoting wormboy
hehe
where is your stop? I want it
mine is placed @5195
look at my previous posts this just might go strait to 1.54 i dont put stops in unless i go to sleep then i use alarms wake up re evaluate close or keep going!
  • #235,713
  • Jul 5, 2010 8:26pm Jul 5, 2010 8:26pm
Quoting wormboy
hehe
where is your stop? I want it
mine is placed @5198
we should touch top APF if we go through 1.54 here we come
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  • #235,714
  • Jul 5, 2010 8:33pm Jul 5, 2010 8:33pm
Quoting Allseeingeye
look at my previous posts this just might go strait to 1.54 i dont put stops in unless i go to sleep then i use alarms wake up re evaluate close or keep going!
it might.
just that price did open below the W1 pivot earlier & currently is going for a retest. You also have the dp @5135 to clear as well. If the tests fails, those high numbers you mentioned might be ruled out. Vice versa if it clears tho. Which means I will only revert back to longs if they clear.

Good luck to you
Thank You
  • #235,715
  • Jul 5, 2010 8:34pm Jul 5, 2010 8:34pm
look like we could be heading up to 1.5300 area, lets see where this boat takes us, good luck to all
  • #235,716
  • Jul 5, 2010 8:46pm Jul 5, 2010 8:46pm
Im waiting for my M15 chart zigzag to point up to short if not waiting on M30
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  • #235,717
  • Jul 5, 2010 8:51pm Jul 5, 2010 8:51pm
Still in shorts bias until H4 show me reversal signal..Now waiting M30 signal to short again
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  • #235,718
  • Edited 9:19pm Jul 5, 2010 8:53pm | Edited 9:19pm
Quoting wormboy
it might.
just that price did open below the W1 pivot earlier & currently is going for a retest. You also have the dp @5135 to clear as well. If the tests fails, those high numbers you mentioned might be ruled out. Vice versa if it clears tho. Which means I will only revert back to longs if they clear.

Good luck to you
Clear sailing for the longs right now but i am confident we will touch upper APF!

If you guys trade the GBP/USD you better start keeping 1 eye on the EUR/GBP & USDX they will give you a heads up of what's coming.
  • #235,719
  • Edited 9:08pm Jul 5, 2010 8:54pm | Edited 9:08pm
I just wake up & get shocked.
My pending order was hit...
i enter position @ 15.105, 1.5100, 15.095, 15.090, 15.085
Cool..
  • #235,720
  • Jul 5, 2010 9:11pm Jul 5, 2010 9:11pm
Quoting kingsteven
I just wake up & get shocked.
My pending order was hit...
i enter position @ 15.105, 1.5100, 15.095, 15.090, 15.085
Cool..
If I could pick between being lucky or smart I would pick LUCKY all the time.
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