Cable Update (GBPUSD) | Page 12375 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #247,481
  • Aug 20, 2010 4:53am Aug 20, 2010 4:53am
Quoting mouse09
During last 7 hours I have hade 5 orders all are with t/p at 55 pips

when I see + 20 pips, I move my S/L to zero.

It's a pity but all 5 orders closed at zero


morality is: may be not to be greedy and take 20 pips every time?
patience lol, you see 20 pips take 3/4s profit and set your stop on whts left , you walk away with a nice little profit
  • #247,482
  • Aug 20, 2010 4:54am Aug 20, 2010 4:54am
Quoting fourxtrader
No news to initiate a 3rd move but on or around the FFs
and early LDNs there has been a drop and then a reverse.

Dr. D.
Certainly a lot of gobbleegoop being posted on this forum.
Why not keep it simple.

LOL,

Dr. D.
Attached Image
  • #247,483
  • Aug 20, 2010 4:55am Aug 20, 2010 4:55am
Quoting digger1
yep couldnt take out the low , so out but a nice little scalp
i have been waiting for hours for my 5520 long entry

please get it for me .............
  • #247,484
  • Aug 20, 2010 4:55am Aug 20, 2010 4:55am
Quoting mouse09
During last 7 hours I have hade 5 orders all are with t/p at 55 pips

when I see + 20 pips, I move my S/L to zero.

It's a pity but all 5 orders closed at zero


morality is: may be not to be greedy and take 20 pips every time?
Scale out .. set first tp at 20, next at 25, then 30, then let last 2 run with trailing stops...
******************* I'd rather make money than be right.
  • #247,485
  • Aug 20, 2010 4:56am Aug 20, 2010 4:56am
got it

finally i am in
  • #247,486
  • Aug 20, 2010 4:57am Aug 20, 2010 4:57am
Quoting digger1
good job man may be lots more yet , only went up to the london open price
Cheers matey!

Forex is like golf.... you think you've cracked the game, only for it to teach you another lesson. I'll forever remain a student of the game, like my golf, but it is trades like these that work just like you planned it, that give you confidence in your own planning. I can't predict where the market is going, but at least I can anticipate it!

Abo defo a trade I will use as an example trade in my trading plan, which is finally taking real shape. I have taken my time over it, but I have had to do a lot of thinking in recent months in order to nail it, which has all been good!

I am just going to leave my final short (3rd runner) @1.5670 out there with a 6 pip SL, because you never know what is going to happen! I have made plenty of pips already, so even if it does hit my SL, it would not bother me at all.

If we get into the vicinity again, I might just load up again on another 3 runner short, but not before the weekend. Let's see what happens!

Keep up the great work on digging up cable!
  • #247,487
  • Aug 20, 2010 4:58am Aug 20, 2010 4:58am
Quoting forexlion
got it

finally i am in
same old target

1 hour 200 ema
  • #247,488
  • Aug 20, 2010 5:00am Aug 20, 2010 5:00am
Quoting forexlion
got it

finally i am in
Hope it works for you!
  • #247,489
  • Aug 20, 2010 5:00am Aug 20, 2010 5:00am
Quoting USD-Bear
Obvious movement is towards 1.5510
I'm seeing some relative strength GBP versus USD
Latest up move of USD compared to earlier g/u relations would lead to expect GU around 1.5530 but it currently is 1.5595
USD-Index indicates renewed weakness, that being the case I think the obvious will not presented, we will go north and eventually breaking 1.57
Going long @ 1.5595 SL @ 1.549 and target open
Closed my long for -50 pips on the retrace
Looks USD wants to go up:
Attached Image
Don't be a hero. Don't have an ego. Always question yourself
  • #247,490
  • Aug 20, 2010 5:04am Aug 20, 2010 5:04am
Quoting forexlion
got it

finally i am in
becareful this time around lion , keep your stop tight
  • #247,491
  • Aug 20, 2010 5:05am Aug 20, 2010 5:05am
Quoting USD-Bear
Closed my long for -50 pips on the retrace
Looks USD wants to go up:
Attachment
should have let it run with SL @ 4 hour 200 ema

thats the range limit beyond which we will be looking for shorts anyways

you never know
  • #247,492
  • Aug 20, 2010 5:06am Aug 20, 2010 5:06am
Quoting digger1
becareful this time around lion , keep your stop tight
August 18, 1 hour pattern

check and compare
  • #247,493
  • Aug 20, 2010 5:08am Aug 20, 2010 5:08am
Quoting bbakker
Cheers matey!

Forex is like golf.... you think you've cracked the game, only for it to teach you another lesson. I'll forever remain a student of the game, like my golf, but it is trades like these that work just like you planned it, that give you confidence in your own planning. I can't predict where the market is going, but at least I can anticipate it!

Abo defo a trade I will use as an example trade in my trading plan, which is finally taking real shape. I have taken my time over it, but I have had to do a lot of thinking in recent...
lol, golf , gave up on getting any better at that , I like golfing in the fall tho especailly during pheasnat season , carry a shot gun and usually while looking for my errant slices I flush out a bird or two , If I can shoot under 100 and nab a couple nice phesant for supper its a good day
  • #247,494
  • Aug 20, 2010 5:09am Aug 20, 2010 5:09am
Quoting digger1
lol, golf , gave up on getting any better at that , I like golfing in the fall tho especailly during pheasnat season , carry a shot gun and usually while looking for my errant slices I flush out a bird or two , If I can shoot under 100 and nab a couple nice phesant for supper its a good day
why do people play golf ?

always running after holes with long sticks ...........
  • #247,495
  • Aug 20, 2010 5:11am Aug 20, 2010 5:11am
Quoting forexlion
why do people play golf ?

always running after holes with long sticks ...........
well , its a way to drink beer and drive a cart lol err have payed for a new cart or two lol, but it was fun ha ha
  • #247,496
  • Aug 20, 2010 5:11am Aug 20, 2010 5:11am
Quoting forexlion
should have let it run with SL @ 4 hour 200 ema

thats the range limit beyond which we will be looking for shorts anyways

you never know
Out @ 1.5540, initial stop was lower, but USD-strength is too surprising for me.
If we get double top on USD-Index 83.14 though, market fooled me.....
Don't be a hero. Don't have an ego. Always question yourself
  • #247,497
  • Aug 20, 2010 5:12am Aug 20, 2010 5:12am
4 hour 200 ema and 4 hour cci 14

should target the upper trendline

reason being is i do see a possible bullish divergence forming

http://img843.imageshack.us/img843/589/47458647.gif
  • #247,498
  • Aug 20, 2010 5:13am Aug 20, 2010 5:13am
Quoting digger1
lol, golf , gave up on getting any better at that , I like golfing in the fall tho especailly during pheasnat season , carry a shot gun and usually while looking for my errant slices I flush out a bird or two , If I can shoot under 100 and nab a couple nice phesant for supper its a good day
should get rid of biathlon in the winter olympics and put your kind of biathlon in instead
  • #247,499
  • Aug 20, 2010 5:13am Aug 20, 2010 5:13am
Quoting forexlion
same old target

1 hour 200 ema
It will need to break through the 1.5593 level on my h4 to get to your target, but anything is possible. Just got an alert that we hit the h4 demand zone and it looks like a nice arrival into the zone on h1, so you got a nice entry for your long.

How many times will it test that 200ma on h4 before we break?
  • #247,500
  • Aug 20, 2010 5:13am Aug 20, 2010 5:13am
If she carries on digging 'DOWN' at the rate she has this morning, we will be able to dig the 'LION' out of his hole..............and set him free, like the birds and the BEES
343 traders viewing now