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Cable Update (GBPUSD)

  • #261,001
  • Oct 19, 2010 5:15am Oct 19, 2010 5:15am
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 73 KB
  • #261,002
  • Oct 19, 2010 5:18am Oct 19, 2010 5:18am
getting bored gone long at 80.
  • #261,003
  • Oct 19, 2010 5:19am Oct 19, 2010 5:19am
long 1,5785 sl5730 tp1 5825 tp2 5870

reasons:
touch of upward TL
200 EMA close
  • #261,004
  • Oct 19, 2010 5:19am Oct 19, 2010 5:19am
...latest leg down breeched the 2nd ascending 4hr trend line...4hr screenshot is below in respect of current potential supp/res/sbr on that t/f. daily ascending trend line remains intact and comes through today around 5695 samearound the 23.6% of the 4345-6107 move up / 50% 5296- same 6107 Hi.

G/L

http://www.easy-upload.net/fichiers/...1019121710.gif
ex member
  • #261,005
  • Oct 19, 2010 5:25am Oct 19, 2010 5:25am
Quoting Makeveli
getting bored gone long at 80.
Well at least you explained your considerered reasoning for the trade!! Lol !!
----------------------------------

How much demand in this previous near-term 1hr/4hr/daily swing lo zone extending down to 5747 area ?? Hope there is some for the sake of those long at the moment !!

G/L
ex member
  • #261,006
  • Oct 19, 2010 5:30am Oct 19, 2010 5:30am
Quoting AdrianHNV
Hi Steve

Do I really need to explain anything to anyone, except to those who funded the account.
Of course not, but seeing as you chose to fully disclose the trade on a public forum, including the size of the position and the fact you're donating all profits (if any) to charities, it is reasonable to expect a degree of feedback/discussion with other posters. This is, after all, how we all learn from each other.
  • #261,007
  • Oct 19, 2010 5:39am Oct 19, 2010 5:39am
Quoting Dayboy001
wiped out -2%

will re enter when this starts going north, don't like going south at the moment.
will be annoyed if this is just a news blip
sort out your risk man....10 pips for 1% is too much

maybe on gold...but not on cable
  • #261,008
  • Oct 19, 2010 5:48am Oct 19, 2010 5:48am
any chance of closing this hour back within the trend line ?
  • #261,009
  • Oct 19, 2010 5:48am Oct 19, 2010 5:48am
Quoting wormboy
*bump*. Here's the W1 support. Time to clear some
thanks for covering some WB...got in on that bounce...
  • #261,010
  • Oct 19, 2010 5:48am Oct 19, 2010 5:48am
Quoting redsword11
Attachment

Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 51 KB
  • #261,011
  • Oct 19, 2010 5:48am Oct 19, 2010 5:48am
lowered SL to 1,5768

Quoting scurt
long 1,5785 sl5730 tp1 5825 tp2 5870

reasons:
touch of upward TL
200 EMA close
  • #261,012
  • Oct 19, 2010 5:49am Oct 19, 2010 5:49am
I see support around 1.5820 let see if it hold...anyone with the same confluence
  • #261,013
  • Oct 19, 2010 5:50am Oct 19, 2010 5:50am
Quoting redsword11
Attachment

Sorry to be dim, but what does tg stand for?
  • #261,014
  • Oct 19, 2010 5:50am Oct 19, 2010 5:50am
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Click to Enlarge Name: loony.jpg Size: 77 KB
  • #261,015
  • Oct 19, 2010 5:51am Oct 19, 2010 5:51am
Quoting scurt
long 1,5785 sl5730 tp1 5825 tp2 5870

reasons:
touch of upward TL
200 EMA close
i am also long wit same targets

Ub
  • #261,016
  • Oct 19, 2010 6:03am Oct 19, 2010 6:03am
Quoting Pipwanderer
I see support around 1.5820 let see if it hold...anyone with the same confluence

price has made a low around 5768, so how can there be support at 5820 ?? Do you mean potential SBR (support becomes resistance) ?
ex member
  • #261,017
  • Oct 19, 2010 6:08am Oct 19, 2010 6:08am
Is this how the longs will be reacting if this potential support zone down to 5747 breaks to the downside ??

G/L
Attached Image
ex member
  • #261,018
  • Oct 19, 2010 6:09am Oct 19, 2010 6:09am
Quoting AdrianHNV
Hi Steve

Do I really need to explain anything to anyone, except to those who funded the account.
Adrian

It's up to you; it really depends on whether you want to be taken seriously on this forum. If there's a rationale that is new to me it may also be new to others, although there's no guarantee of that. If anyone can learn from it and you want help other, less experienced traders then there's surely no reason not to explain, as other traders do to the benefit of many on this forum.

Steve
The dream will never die
  • #261,019
  • Oct 19, 2010 6:10am Oct 19, 2010 6:10am
Will the knife continue to fall?? Or this there real demand here ??

G/L
Attached Image
ex member
  • #261,020
  • Oct 19, 2010 6:12am Oct 19, 2010 6:12am
can the bulls beat the bears here?? (Yes I am bored - Lol !!)
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ex member
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