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Cable Update (GBPUSD)

  • #266,341
  • Dec 13, 2010 4:04am Dec 13, 2010 4:04am
Quoting Ifty
OK out with 57 pips lol. Ran out of patience. 30 minute oversold heavily and since I rely on RSI a lot, I will listen to it. Will wait for overbought on the 30 minute RSI to re-enter another short. Good start to Monday so happy.

Attachment
, exited several holding a few to c if we do get a poke below the quarterly open
  • #266,342
  • Dec 13, 2010 4:09am Dec 13, 2010 4:09am
Quoting Dayboy001
Pending

Long @ 1.5755
SL @ 5 below current daily low (currently 1.5725)
TP @ 1.5815
If you insets i advice you to change the S/L to 1.5716 or 1.5705

But it's also early to say Long now...
Attached Image (click to enlarge)
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  • #266,343
  • Dec 13, 2010 4:09am Dec 13, 2010 4:09am
Quoting digger1
, exited several holding a few to c if we do get a poke below the quarterly open
Thanks bro but now watch it drop below 1.57 lol but I DON'T CARE. Are you listening GU? I DON'T CARE! so in your face you '4 trillion a day' pain in the backside.... but not today, today you are a sweetheart (so far anyway).
You've got to be IN IT to WIN IT!
  • #266,344
  • Dec 13, 2010 4:12am Dec 13, 2010 4:12am
Quoting Ifty
Thanks bro but now watch it drop below 1.57 lol but I DON'T CARE. Are you listening GU? I DON'T CARE! so in your face you '4 trillion a day' pain in the backside.... but not today, today you are a sweetheart (so far anyway).
lol, seems to be the way it goes most times ha ha , ah you done well , just dont stray from your plan and give it back .
  • #266,345
  • Dec 13, 2010 4:19am Dec 13, 2010 4:19am
Quoting Abu-Rami
If you insets i advice you to change the S/L to 1.5716 or 1.5705

But it's also early to say Long now...
is 5690 ur support area?
  • #266,346
  • Dec 13, 2010 4:21am Dec 13, 2010 4:21am
Quoting Abu-Rami
If you insets i advice you to change the S/L to 1.5716 or 1.5705

But it's also early to say Long now...
Daily low has changed anyhow, I know it's too early for a long at this point, that is why it is a pending order !

If the price broke the level I posted I would be happy to take a long, where as currently I am not !!
  • #266,347
  • Dec 13, 2010 4:31am Dec 13, 2010 4:31am
Just wondering if i should go long after the parabolic sar breaks on the 5 minute and then keep an eye on the 30 minute to exit?... thinking. Majority of the time I sell so not sure. I would have my SL just below todays low at 1.5715.

Attached Image (click to enlarge)
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You've got to be IN IT to WIN IT!
  • #266,348
  • Dec 13, 2010 4:42am Dec 13, 2010 4:42am
SEll Stop @ 1.5705 TP1 : 1.5538 TP2:1.5251 SL: 1.5870
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  • #266,349
  • Dec 13, 2010 5:00am Dec 13, 2010 5:00am
aiming for 5690 now.

lets see
Hero calls followed by margin calls...
  • #266,350
  • Dec 13, 2010 5:00am Dec 13, 2010 5:00am
Quoting Abu-Rami
Green Pips you all...
1st Sell order closed with +75 pips
  • #266,351
  • Dec 13, 2010 5:02am Dec 13, 2010 5:02am
Quoting Abu-Rami
1st Buy order closed with +75 pips
buy on which pair?
  • #266,352
  • Dec 13, 2010 5:03am Dec 13, 2010 5:03am
Quoting bonus76
buy on which pair?
probably not gu
Hero calls followed by margin calls...
  • #266,353
  • Dec 13, 2010 5:05am Dec 13, 2010 5:05am
Quoting bonus76
buy on which pair?
Sorry it was a mistake and already fixed, but dam you are fast
  • #266,354
  • Dec 13, 2010 5:06am Dec 13, 2010 5:06am
Still short bias. Will sell if USDX price close above 80.24 kind of tough level imo.
Long if GU price close above 1.5803.

But MPC member speak @ 11.30 GMT, had bad experienced with those kind of speech speech.

Better wait for NY. Good luck
Attached Image (click to enlarge)
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  • #266,355
  • Dec 13, 2010 5:09am Dec 13, 2010 5:09am
Will stay in this trade but SL moved to BE if it reaches 1.5750 for a free trade. If stopped out then will still be in profit for today. See what happens.

Attached Image (click to enlarge)
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You've got to be IN IT to WIN IT!
  • #266,356
  • Dec 13, 2010 5:12am Dec 13, 2010 5:12am
Quoting Abu-Rami
Sorry it was a mistake and already fixed, but dam you are fast
we are all addicted to this thread
Hero calls followed by margin calls...
  • #266,357
  • Dec 13, 2010 5:12am Dec 13, 2010 5:12am
Quoting erikte279
Look at the divergence between E/U and G/U. With this much of a selloff prior the the news release seems like somebody got some insider tips....
Nah... It was other news, not on the FF calendar -

UK households 'still stretched'
http://www.bbc.co.uk/news/business-11979894

Retailers still cautious about Xmas sales
http://www.bbc.co.uk/news/business-11980684
  • #266,358
  • Dec 13, 2010 5:17am Dec 13, 2010 5:17am
Quoting PhAnTi'
we are all addicted to this thread
Tell you what even in the period i stop posting i couldn't stop my hand clicking in this thread link to read every new post
  • #266,359
  • Dec 13, 2010 5:19am Dec 13, 2010 5:19am
Quoting bbakker
Nah... It was other news, not on the FF calendar -

UK households 'still stretched'
http://www.bbc.co.uk/news/business-11979894

Retailers still cautious about Xmas sales
http://www.bbc.co.uk/news/business-11980684
actually ff.com calendar sucks, but good offer for free tough.

someone want to gift me a bloomberg terminal license for christmas?
Hero calls followed by margin calls...
  • #266,360
  • Dec 13, 2010 5:52am Dec 13, 2010 5:52am
Stochastics pointing UP on the 1H & 30 min including the RSI. SL moved to BE but hope it wasn't too soon. If this continues then could work out to be a good trade. Will watch the black trend line to see if the 30 minute candle turns bearish (on that line). See what happens.

Attached Image (click to enlarge)
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You've got to be IN IT to WIN IT!
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