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Cable Update (GBPUSD)

  • #265,061
  • Nov 24, 2010 4:39am Nov 24, 2010 4:39am
Quoting wormboy
done, target met. shorts now cleared. my position is now flat.
Thanks bro
Harap naik semula
GELORE
  • #265,062
  • Nov 24, 2010 4:39am Nov 24, 2010 4:39am
Quoting AdrianHNV
WormBoy may I pm you please
sure adrian
Thank You
  • #265,063
  • Nov 24, 2010 4:41am Nov 24, 2010 4:41am
Quoting musani
Thanks bro
Harap naik semula
np bro
D1 bearish, but sini monthly support. kita tunggu jea tengok dia breakout or bounce, then baru trade balik
Thank You
  • #265,064
  • Nov 24, 2010 4:43am Nov 24, 2010 4:43am
Quoting wormboy
done, target met. shorts now cleared. my position is now flat.
Nice work
Trade with the momentum
  • #265,065
  • Nov 24, 2010 4:49am Nov 24, 2010 4:49am
Quoting wormboy
np bro
D1 bearish, but sini monthly support. kita tunggu jea tengok dia breakout or bounce, then baru trade balik
Yep i that on my 1hr TL
GELORE
  • #265,066
  • Nov 24, 2010 4:51am Nov 24, 2010 4:51am
Azim bro needs some advice. I seem to be useless at long swing trades giving back too many pips. I am short from 1.5917 with my stop at BE. I'm hoping to target the 1.53 area from here. How would you stay in this trade?
You've got to be IN IT to WIN IT!
  • #265,067
  • Nov 24, 2010 4:53am Nov 24, 2010 4:53am
I'm long from 15765.Price looks well supported around 15700
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  • #265,068
  • Nov 24, 2010 4:58am Nov 24, 2010 4:58am
85.4 fib lending a helping hand on daily

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  • #265,069
  • Nov 24, 2010 5:00am Nov 24, 2010 5:00am
I still av short for r1......(Stronger support is found at 1.5650 which was a stubborn support line a few weeks ago).......

Quoting wormboy
np bro
D1 bearish, but sini monthly support. kita tunggu jea tengok dia breakout or bounce, then baru trade balik
  • #265,070
  • Nov 24, 2010 5:01am Nov 24, 2010 5:01am
Quoting Ifty
Azim bro needs some advice. I seem to be useless at long swing trades giving back too many pips. I am short from 1.5917 with my stop at BE. I'm hoping to target the 1.53 area from here. How would you stay in this trade?
150 pips up Ifty....doesn't seem too bad...
  • #265,071
  • Nov 24, 2010 5:07am Nov 24, 2010 5:07am
Quoting chazzle
150 pips up Ifty....doesn't seem too bad...
Sod it Chazzle you are right no need to be greedy. Exiting here as the parabolic sar on the 15 minute broking (almost) through to the upside. Seem to be returning too many pips lately so will continue to sell overbought areas on the 15 min. Good luck with your long, hope it reaches at least 1.59.
You've got to be IN IT to WIN IT!
  • #265,072
  • Nov 24, 2010 5:15am Nov 24, 2010 5:15am
Quoting sailor68
Nice work
lucky guess brother

Quoting musani
Yep i that on my 1hr TL
yep

Quoting fendi
I still av short for r1......(Stronger support is found at 1.5650 which was a stubborn support line a few weeks ago).......
5650 won't hold if price can clear 5745 imo

Quoting Ifty
How would you stay in this trade?
I won't brother, not this time of the year, taking the trades from one supp/res level to another pays better. But this is just how I approach trading during year end. Entirely your call tho.

Good luck bro
Thank You
  • #265,073
  • Nov 24, 2010 5:16am Nov 24, 2010 5:16am
Quoting Ifty
. Good luck with your long, hope it reaches at least 1.59.
Thanks Ifty but won't be in for that long...!
  • #265,074
  • Nov 24, 2010 5:22am Nov 24, 2010 5:22am
Quoting wormboy
lucky guess brother



yep



5650 won't hold if price can clear 5745 imo



I won't brother, not this time of the year, taking the trades from one supp/res level to another pays better. But this is just how I approach trading during year end. Entirely your call tho.

Good luck bro
Already out bro thanks a lot Azim. Selling overbought areas will be a lot better for me anyway and many more pips than big 300 or 500 or 700 at once. I wish I could permanently drill my own words into my brain but sometimes I tend to not pratice what I preach to myself. Congratulations on your new house BTW, great stuff, when's the housewarming party .
You've got to be IN IT to WIN IT!
  • #265,075
  • Nov 24, 2010 5:46am Nov 24, 2010 5:46am
If 5 min candle closes clear above 15805 i'm north to 15838. ..if close below 15773 i'm back south to 15747
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All systems of divination, like music itself,work through patterns.
  • #265,076
  • Nov 24, 2010 5:48am Nov 24, 2010 5:48am
bullish everyone?
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  • #265,077
  • Nov 24, 2010 5:50am Nov 24, 2010 5:50am
Quoting copam
bullish everyone?
Always advisable to follow the trend which obviously is down overall. The problems in North Korea are also boosting the dollar so sudden big drops can easily occur so only SELLING for me.
You've got to be IN IT to WIN IT!
  • #265,078
  • Nov 24, 2010 5:55am Nov 24, 2010 5:55am
Quoting Ifty
Always advisable to follow the trend which obviously is down overall. The problems in North Korea are also boosting the dollar so sudden big drops can easily occur so only SELLING for me.
I agree but i'm scared of that support at 15742/7.
All systems of divination, like music itself,work through patterns.
  • #265,079
  • Nov 24, 2010 6:04am Nov 24, 2010 6:04am
Quoting kaspopsicle
I agree but i'm scared of that support at 15742/7.
I know it's possible to scalp long but I refuse to BUY ... simple. I will not will not will not buy GU as any more attacks from North Korea after which a retalisation from South Korea will send GU into freefall. I would rather ride down the falling knife than try to go UP against it. I am not a fundy or anything but SELLING is all I am prepared to do. Good luck.
You've got to be IN IT to WIN IT!
  • #265,080
  • Nov 24, 2010 6:06am Nov 24, 2010 6:06am
Quoting Ifty
I know it's possible to scalp long but I refuse to BUY ... simple. I will not will not will not buy GU as any more attacks from North Korea after which a retalisation from South Korea will send GU into freefall. I would rather ride down the falling knife than try to go UP against it. I am not a fundy or anything but SELLING is all I am prepared to do. Good luck.
I am with you. I don't think it worth buying unless GU goes above 1.59 again.
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