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Cable Update (GBPUSD)

  • #248,801
  • Aug 25, 2010 10:58pm Aug 25, 2010 10:58pm

TARGET MET

Quoting sherecairo
I think we have a nice move for 100 Pips
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Patience + Discipline = Pips
  • #248,802
  • Aug 25, 2010 10:59pm Aug 25, 2010 10:59pm
http://cdn.forexfactory.com/attachme...3&d=1282633945

http://cdn.forexfactory.com/attachme...3&d=1282633945

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Verily, in every difficulties there is relief
  • #248,803
  • Aug 25, 2010 11:00pm Aug 25, 2010 11:00pm
Is it a bird!?
Is it a plane!?
Is it..... superman!?

NO, its GU!...
LOL!

Next target 1.5580.
"Flip that coin!"
  • #248,804
  • Aug 25, 2010 11:04pm Aug 25, 2010 11:04pm
Quoting Scipionz
Is it a bird!?
Is it a plane!?
Is it..... superman!?

NO, its GU!...
LOL!

Next target 1.5580.

I always love your sense of humor Matthieu! 70 pips in 1 hr... That's something to look upon... We need to wait for London to see if it keeps going up or it will bounce down...
  • #248,805
  • Aug 25, 2010 11:04pm Aug 25, 2010 11:04pm
4 hour candle close above 5522 and a 4 hour candle open above 5522, this does not look good for bears.

but i will not enter any new trade for some time, need to let the spike settle down first
  • #248,806
  • Aug 25, 2010 11:04pm Aug 25, 2010 11:04pm
Quoting Scipionz
Gartley pattern forming 1h.
FE 1 = 1.5497.....
FE1.27 = 1.5526
FE1.618 = 1.5565

Good luck!
I think ur right...
Re-added short.
With SL @ 1.5575
  • #248,807
  • Aug 25, 2010 11:04pm Aug 25, 2010 11:04pm
came up to the weekly pivot, and bouncing down......for now

going short at 5548
  • #248,808
  • Aug 25, 2010 11:05pm Aug 25, 2010 11:05pm
Quoting Pickensrulz
Cable is just below the 200ema, which was nice support last week.

I'll stop both on a clear & defined break of the 200ema.

When I'm wrong, I'm wrong. Out at 15510 for -95 pips. Flat now.
  • #248,809
  • Aug 25, 2010 11:08pm Aug 25, 2010 11:08pm
Quoting Scipionz
Is it a bird!?
Is it a plane!?
Is it..... superman!?

NO, its GU!...
LOL!

Next target 1.5580.
lol! on track for the descending Daily TL. ...same target area. may have a bit of wood to chop 23.6% 15580. let's see what happens when we get up there. GY on target as well for the 4H descending TL 132.2 area as well.



Quoting Fudomyo
...if we pull up to the descending Daily TL, 15600 area, it could establish a consolidation range before the next move down. A break above this would put us back in bull territory again.
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  • #248,810
  • Aug 25, 2010 11:10pm Aug 25, 2010 11:10pm
Quoting longshot_nl
I think ur right...
Re-added short.
With SL @ 1.5575
Beware of 1.5580/1.5600 zone, this move is deadly strong.
FE2 @ 1.5572, I did not add it because it dosen't often get there but tonight...

I see max 1.55 (61.8 correction)for your TP is everything work for the best on this short.
But I now doubts a little.

Wish you the best!

Quoting chano12
I always love your sense of humor Matthieu! 70 pips in 1 hr... That's something to look upon... We need to wait for London to see if it keeps going up or it will bounce down...
Carlos!

You are surely right, 65 will offer good resistance for now.
Let be patient!
London... London....

Nice to see ya around!
Soon!

Quoting Fudomyo
lol! on track for the descending Daily TL. same target area. may have a bit of wood to chop 23.6% 15580. let's see what happens when we get up there.
Your chart is like chocolat to me!
Tasty and delicious!

Let's see as always!
"Flip that coin!"
  • #248,811
  • Aug 25, 2010 11:14pm Aug 25, 2010 11:14pm
BTW, trading sessions breakouts treated me well, risking only 2% per trade; 1 loss, 3 wins... Too bad it was only demo

Greetings to all from Mexico!
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  • #248,812
  • Aug 25, 2010 11:18pm Aug 25, 2010 11:18pm
Quoting fxoxford
still long at 1.5390, t/p 1.5715, s/l 1.5300. good luck to all
look like im on my way, still long at 1.5390, t/p 1.5715, s/l 1.5300. good luck to all
  • #248,813
  • Aug 25, 2010 11:28pm Aug 25, 2010 11:28pm
Quoting fxoxford
look like im on my way, still long at 1.5390, t/p 1.5715, s/l 1.5300. good luck to all
Behing a scalper myself, I am always impress when I see trader holding profit over 120 pips.
Even the micro lots I let run for pure pleasure of it dosen't get that far! LOL!

Nice done!
"Flip that coin!"
  • #248,814
  • Aug 25, 2010 11:29pm Aug 25, 2010 11:29pm
Quoting fxoxford
look like im on my way, still long at 1.5390, t/p 1.5715, s/l 1.5300. good luck to all
hello
why not to move your s/l to 1.5390 right now?
  • #248,815
  • Aug 25, 2010 11:32pm Aug 25, 2010 11:32pm
I took a Long @ 1.5491.

Got out @ 1.5504.

A winner is a winner but.....
  • #248,816
  • Aug 25, 2010 11:51pm Aug 25, 2010 11:51pm
Damn, last profits booked and still more meat on the bone before London....

Great week so far....Empty basket for now....bound to be some answering to this ride.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #248,817
  • Aug 25, 2010 11:56pm Aug 25, 2010 11:56pm
Quoting Scipionz
... is like chocolat to me!
dude... you're making me hungry.

overbought atm, pullback. R2 15530/MR2 15518 would be a nice place to reload. anything under that and I'll book the rest of the trade and look for next entry.
  • #248,818
  • Aug 26, 2010 12:01am Aug 26, 2010 12:01am
Quoting mouse09
hello
why not to move your s/l to 1.5390 right now?
that was my orignal s/l, i always move my s/l to break even once im up over 100pips
  • #248,819
  • Aug 26, 2010 12:03am Aug 26, 2010 12:03am
Good morning, traders.
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  • #248,820
  • Aug 26, 2010 12:03am Aug 26, 2010 12:03am
Quoting Scipionz
Behing a scalper myself, I am always impress when I see trader holding profit over 120 pips.
Even the micro lots I let run for pure pleasure of it dosen't get that far! LOL!

Nice done!
im not a scalper myself i always shoot for 100+ pips per trade. thanks tho
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