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Cable Update (GBPUSD)

  • #246,921
  • Aug 19, 2010 3:35am Aug 19, 2010 3:35am
Quoting fourxtrader
Hope you grabbed a handful of that.

Dr. D.
I was in at 5512......
  • #246,922
  • Aug 19, 2010 3:36am Aug 19, 2010 3:36am
Quoting pawpaw1000
hell pell!

That was nice, HAHAhA!

wonder where it will go, tempted to TP...
nicely done pawpaw
Thank You
  • #246,923
  • Aug 19, 2010 3:36am Aug 19, 2010 3:36am
There is a Broadening Bottom forming on M30

Bearish assaults failed time and time again to break the floor below 1.5560

And of course strong retail sales numbers

This is a compelling setup for me to take a long position

I'm buying @ 1.5590
Attached Image (click to enlarge)
Click to Enlarge Name: M30.gif Size: 9 KB
Hear the music before the song is over ...
  • #246,924
  • Aug 19, 2010 3:36am Aug 19, 2010 3:36am
Im sick of this volatility. What the fook happened there?
  • #246,925
  • Aug 19, 2010 3:36am Aug 19, 2010 3:36am
Quoting mouse09
BABAAAAAAH )))


guys , now explain me please

where exactly you seen a pattern for long?
I don't care about any patterns. I used pending order 6 pips above just before news.
  • #246,926
  • Aug 19, 2010 3:37am Aug 19, 2010 3:37am
pound is so emotional, 65 pip 1-minute candle is enormous.
Even GY had 55 pip only
  • #246,927
  • Aug 19, 2010 3:37am Aug 19, 2010 3:37am
Quoting mouse09
BABAAAAAAH )))


guys , now explain me please

where exactly you seen a pattern for long?
Well I'm not sure if this is correct but for me I was keeping a close eye on DX chart and following movement in EU and GU. When Eu started rising just before news (with DX dropping) and GU staying near the lows it was a sign that someone big was keeping price near the low.

I had some longs already in and added one at the low, got quite lucky there but paid off thankfully.
  • #246,928
  • Aug 19, 2010 3:38am Aug 19, 2010 3:38am
Quoting Acedup
Im sick of this volatility. What the fook happened there?
mate, the news!
@pawpaw1000 on Twitter
  • #246,929
  • Aug 19, 2010 3:38am Aug 19, 2010 3:38am
Quoting mouse09
BABAAAAAAH )))


guys , now explain me please

where exactly you seen a pattern for long?
http://www.forexfactory.com/showpost...stcount=246891
  • #246,930
  • Aug 19, 2010 3:39am Aug 19, 2010 3:39am
Quoting GlobalMacro
There is a Broadening Bottom forming on M30
You like your megaphone patterns mate Please keep it coming! I only ever looked at them as a topping formation but I suppose they should also apply to bottoms. Nice trading. I took some nice quick long scalps there and waiting for things to settle down before entry.
  • #246,931
  • Aug 19, 2010 3:39am Aug 19, 2010 3:39am
I'm in a long a few pips before the GBP news and before touches H4/200 (1.5512) ! Lucky ? Yes, no need waiting for in a long time !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #246,932
  • Edited 4:16am Aug 19, 2010 3:40am | Edited 4:16am
ummmmm
  • #246,933
  • Aug 19, 2010 3:40am Aug 19, 2010 3:40am
Quoting Piotr1
I don't care about any patterns. I used pending order 6 pips above just before news.

Hi Piotr1

Did you also place a sell order 6 pips below just in case?
  • #246,934
  • Aug 19, 2010 3:41am Aug 19, 2010 3:41am
That spike was both hilarious and profitable for me. Profitable because I was loaded long before news hit, hilarious because if it didn't happen I would have soiled myself.

  • #246,935
  • Aug 19, 2010 3:41am Aug 19, 2010 3:41am
Did the same yesterday... but not today
Quoting AndyPass
Bollocks. Closed a long from 1.5518 just before the news 'just in case'!
  • #246,936
  • Aug 19, 2010 3:41am Aug 19, 2010 3:41am
GlobalMac....where do see this heading?.....5714, 5782, or higher?
  • #246,937
  • Aug 19, 2010 3:41am Aug 19, 2010 3:41am
Quoting pipgame
http://www.forexfactory.com/showpost...stcount=246891
Yeah!!! someone used my chart

going to the physio and taking my girl for lunch... Got s/l at 5565 and t/p at 5700...
@pawpaw1000 on Twitter
  • #246,938
  • Aug 19, 2010 3:44am Aug 19, 2010 3:44am
So it raced through 200 EMA on 5M and are currently above 200 EMA on 15M. Is it a good strategy to move SL to right below 200 EMA on 15M if we close over? Have rarely been in this position.
  • #246,939
  • Aug 19, 2010 3:46am Aug 19, 2010 3:46am
thats 150 points in the morning , wow i love cable..
  • #246,940
  • Aug 19, 2010 3:47am Aug 19, 2010 3:47am
Quoting Delite
Hi Piotr1

Did you also place a sell order 6 pips below just in case?

I wanted but was not fast enough to type and move mouse . Just get lucky ...
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