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Cable Update (GBPUSD)

  • #258,961
  • Oct 6, 2010 7:33am Oct 6, 2010 7:33am
-39 damn..
  • #258,962
  • Oct 6, 2010 7:36am Oct 6, 2010 7:36am
  •  samirb
  • | Joined Nov 2009 | Status: Investing is simple, but not easy. | 247 Posts
Quoting samirb
Good day everyone

Gone long at 15890 stoploss 15840

Good luck


Killed my trade at 5860 for -30

Good luck
  • #258,963
  • Oct 6, 2010 7:37am Oct 6, 2010 7:37am
Quoting wormboy
nice
I cleared the remainder of my longs earlier @938 & 894 and revert to selling @891
Going for dp here.

done. cleared short position @841. thanks for the free lunch.
Attached Image (click to enlarge)
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Thank You
  • #258,964
  • Oct 6, 2010 7:37am Oct 6, 2010 7:37am
Quoting egkid
Now PA 1.5855 for me i c it time to go up from here
Let c this B... start to annoying me
Hi bro, you doing well as always. Agree above DP, time for going up.
  • #258,965
  • Oct 6, 2010 7:38am Oct 6, 2010 7:38am
Quoting egkid
Now PA 1.5855 for me i c it time to go up from here
Let c this B... start to annoying me

Smart trade. Hold your nerve, it should rise.
Dan TheMan
  • #258,966
  • Oct 6, 2010 7:38am Oct 6, 2010 7:38am
Quoting TheSwede
Can anyone else please explain to me why the news aren't bullish for Cable?

Do a search on "Cloggie risk" in this forum. He provides very good explanation.
  • #258,967
  • Oct 6, 2010 7:38am Oct 6, 2010 7:38am
These are all in play now,

lets hope for a continuation, also according to my bad fibs just hit the .50 from 1.57503-1.59291


Quoting Dayboy001
Today's plan is to wait for a retrace to add longs roughly

1.5886
1.5868
1.5843

how do these numbers sit with you guys ?

also have a long if we break yesterdays high
  • #258,968
  • Oct 6, 2010 7:39am Oct 6, 2010 7:39am
this is my first time i trade euro, really boring...
I will be the number one Manager.
  • #258,969
  • Oct 6, 2010 7:39am Oct 6, 2010 7:39am
Good drop has allowed me too add to the Longs I was already holding from earlier.

That along with the successful 'Scalping' this morning has thus far, made my day
  • #258,970
  • Oct 6, 2010 7:40am Oct 6, 2010 7:40am
I dont think its wise to go long for now.. its the accumulation in the upper side.. The best thing is to stay low for today..
  • #258,971
  • Oct 6, 2010 7:41am Oct 6, 2010 7:41am
Quoting AdrianHNV
Good drop has allowed me too add to the Longs I was already holding from earlier.

That along with the successful 'Scalping' this morning has thus far, made my day
Glad to hear it mate.

What pair were you scalping?
Dan TheMan
  • #258,972
  • Oct 6, 2010 7:42am Oct 6, 2010 7:42am
Quoting PhAnTi'
reasons?

Support lvl (murrey maths) at h4 frame... i'm thinking about going long
still want an answer? lol
Thank You
  • #258,973
  • Oct 6, 2010 7:43am Oct 6, 2010 7:43am
Quoting wormboy
still want an answer? lol
yep
which target as well ?!
Hero calls followed by margin calls...
  • #258,974
  • Oct 6, 2010 7:45am Oct 6, 2010 7:45am
Might go all the way to 1.5750 but i'm looking at the dips as an opportunity
to buy
Mind over matter..I don't mind and you don't matter.
  • #258,975
  • Oct 6, 2010 7:46am Oct 6, 2010 7:46am
Quoting mloistianto
I dont think its wise to go long for now.. its the accumulation in the upper side.. The best thing is to stay low for today..

I disagree, but only until early 59's - Not beyond and definitely not anything big.

Cable has been better as a short over 1.585 - But it should, all things being equal, have a little look up again.
Dan TheMan
  • #258,976
  • Oct 6, 2010 7:48am Oct 6, 2010 7:48am
looks like a sharp sell off
  • #258,977
  • Oct 6, 2010 7:49am Oct 6, 2010 7:49am
Quoting JuliusCeasar
Might go all the way to 1.5750 but i'm looking at the dips as an opportunity
to buy
Careful with buying. Don't go heavy.

Worth a buy looking towards 5915, but not beyond.
If it gets close, stay away as you may get caught.

I will buy small towards that figure and short large coming back.
Dan TheMan
  • #258,978
  • Oct 6, 2010 7:49am Oct 6, 2010 7:49am
Quoting PhAnTi'
yep
which target as well ?!
target? I already cashed in. Here's the chart:
1. http://www.forexfactory.com/showpost...stcount=258971


why I held on to the trade? Price closed below day open. I/d bias was neutral prior to that, when it crossed, i/d turned bearish. Day open is rollover.

Quoting wormboy
well, I did mention earlier 888 had to hold in order for cable to climb higher i/d.
That didn't happen, so I decided to clear first, too much money on the table to give back
I'll buy again at a cheaper price when the opportunity arises. Right now it's all sell for me. Good luck!
Thank You
  • #258,979
  • Oct 6, 2010 7:49am Oct 6, 2010 7:49am
i got 65 pips
my lucky day
still newbie
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BMW 7 series
  • #258,980
  • Oct 6, 2010 7:50am Oct 6, 2010 7:50am
currently flat on cable. looking for opportunity to long/short.
467 traders viewing now, 2 are registered:
makeme
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