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Cable Update (GBPUSD)

  • #261,721
  • Oct 25, 2010 10:31am Oct 25, 2010 10:31am
Quoting PhAnTi'
ok,but when taking short positions, exit with small profits....cause trend is bullish, so 8-10 pips and leave for max.
30 M bar closed above 5747 resistance
Hero calls followed by margin calls...
  • #261,722
  • Oct 25, 2010 10:36am Oct 25, 2010 10:36am
Quoting PhAnTi'
ok,but when taking short positions, exit with small profits....cause trend is bullish, so 8-10 pips and leave for max.
thanks for the reminder.....
  • #261,723
  • Oct 25, 2010 10:36am Oct 25, 2010 10:36am
Hi, I am new to the forum and relatively new to forex trading. I went short GBPUSD at 1.57233 (about 20 minutes or so before the bullish move). My nerves are now finished. Should I cut my losses for the day, tomorrow is another day afterall or do you expect the market to retreat back down to that sort of level? Any comments or feedback would be appreciated, still learning here :-)
  • #261,724
  • Oct 25, 2010 10:41am Oct 25, 2010 10:41am
Hi all...support @ 1.57 by the looks of it then,also ema200 on M15 and MA20 H1 around the same area as eachother about 15726 holding this up also.I'm long for TP40 (just below 200ema H1) from 15753 might add a couple more if we head toward 15700 good luck everyone
  • #261,725
  • Oct 25, 2010 10:45am Oct 25, 2010 10:45am
Quoting chazzle
Hi all...support @ 1.57 by the looks of it then,also ema200 on M15 and MA20 H1 around the same area as eachother about 15726 holding this up also.I'm long for TP40 (just below 200ema H1) from 15753 might add a couple more if we head toward 15700 good luck everyone
just similar to my line, lets see....h1 close will be interesting referring to support lvl
Hero calls followed by margin calls...
  • #261,726
  • Oct 25, 2010 11:19am Oct 25, 2010 11:19am
Daily shows Cable stuck btw. two Trendlines. With all the selling pressure seen in the last two weeks, I favor short term trades until the bigger picture gives cues.
Attached Image (click to enlarge)
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  • #261,727
  • Oct 25, 2010 12:21pm Oct 25, 2010 12:21pm
the daily stoch seems to be turning up as long as we keep above 1.57 today, we could b heading up dor the week.
  • #261,728
  • Oct 25, 2010 1:16pm Oct 25, 2010 1:16pm
oh guys whats up with the thread? no action....thats scarry : P
Hero calls followed by margin calls...
  • #261,729
  • Oct 25, 2010 1:19pm Oct 25, 2010 1:19pm
Quoting PhAnTi'
oh guys whats up with the thread? no action....thats scarry : P
Typically a lot slower chatter during NY session, but I have a sneaky suspicion with last weeks PA, we might have lost a third of our regular posters to price action...and some to other threads.

Pure speculation of course....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,730
  • Oct 25, 2010 1:53pm Oct 25, 2010 1:53pm
Quoting Magix
Typically a lot slower chatter during NY session, but I have a sneaky suspicion with last weeks PA, we might have lost a third of our regular posters to price action...and some to other threads.

Pure speculation of course....
Hero calls followed by margin calls...
  • #261,731
  • Oct 25, 2010 2:03pm Oct 25, 2010 2:03pm
major trend hasn't changed, a level of 1..5830 is my T.P for long. d 200sma needs to b tested. b4 any short entries
  • #261,732
  • Oct 25, 2010 2:07pm Oct 25, 2010 2:07pm
Quoting fendi
major trend hasn't changed, a level of 1..5830 is my T.P for long. d 200sma needs to b tested. b4 any short entries
that's it
Hero calls followed by margin calls...
  • #261,733
  • Oct 25, 2010 2:10pm Oct 25, 2010 2:10pm
Quoting PhAnTi'
oh guys whats up with the thread? no action....thats scarry : P
Very scary indeed!
  • #261,734
  • Oct 25, 2010 2:12pm Oct 25, 2010 2:12pm
Quoting Magix
Pure speculation of course....
As is their opinion.
  • #261,735
  • Oct 25, 2010 2:23pm Oct 25, 2010 2:23pm
Quoting fxvoilaaa
As is their opinion.
: P, very smooth monday as well...
Hero calls followed by margin calls...
  • #261,736
  • Oct 25, 2010 2:25pm Oct 25, 2010 2:25pm
Quoting PhAnTi'
: P, very smooth monday as well...
It is, isn't it.
  • #261,737
  • Oct 25, 2010 2:27pm Oct 25, 2010 2:27pm
Quoting fxvoilaaa
It is, isn't it.
and tomorrow i'll have 10 hours at the university.....wooooho

looking forward to wednesday and thursday : D
Hero calls followed by margin calls...
  • #261,738
  • Oct 25, 2010 2:37pm Oct 25, 2010 2:37pm
Hello evry one
i think target is 1.5851
Attached Image (click to enlarge)
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  • #261,739
  • Oct 25, 2010 2:52pm Oct 25, 2010 2:52pm
Quoting omar maged
Hello evry one
i think target is 1.5851
hmmmm,

solid 2nd post : D
Hero calls followed by margin calls...
  • #261,740
  • Oct 25, 2010 3:06pm Oct 25, 2010 3:06pm
Quoting omar maged
Hello evry one
i think target is 1.5851
I think the opposite but good luck bro!
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