I will bail out at 1.6437 and leave the rest to flow to the last TP
so tired now
now I have to polish the crystall ball for another day)
Cable Update (GBPUSD)
- #277,462
- Apr 26, 2011 8:45am Apr 26, 2011 8:45am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
I will bail out at 1.6437 and leave the rest to flow to the last TP
so tired now
now I have to polish the crystall ball for another day
that's it for now
I expect a pullback of 15 20 pips up now(actually 23 pips)
- #277,463
- Apr 26, 2011 8:48am Apr 26, 2011 8:48am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
"bail out" means, you OP??
and the idiot inside of me cklosed it 2 pips before but better to be safe
the rest is still to come and already 22 pips from the first trade,from the second one 49 pips and from the third one 89 pips for today
the last one has another 89 pips for now and waiting for it to close at 1.638X -9 level somewhere.
SL at BE so no need to worry
- #277,464
- Apr 26, 2011 9:02am Apr 26, 2011 9:02am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
means I close the trade.
and the idiot inside of me cklosed it 2 pips before but better to be safe
the rest is still to come and already 22 pips from the first trade,from the second one 49 pips and from the third one 89 pips for today
the last one has another 89 pips for now and waiting for it to close at 1.638X -9 level somewhere.
SL at BE so no need to worry
Hero calls followed by margin calls...
- #277,465
- Apr 26, 2011 9:07am Apr 26, 2011 9:07am
means I close the trade.
and the idiot inside of me cklosed it 2 pips before but better to be safe
the rest is still to come and already 22 pips from the first trade,from the second one 49 pips and from the third one 89 pips for today
the last one has another 89 pips for now and waiting for it to close at 1.638X -9 level somewhere.
SL at BE so no need to worry
To Your Success!! 
- #277,466
- Apr 26, 2011 9:25am Apr 26, 2011 9:25am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #277,469
- Apr 26, 2011 9:36am Apr 26, 2011 9:36am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
we might indeed see 40-60 pips lower than this level today...even if it's pure madness.damn the indies and the story they tell 
if go down that low the last TP will be touched .hmmm still indies point up for a while.
we'll see at L close
if go down that low the last TP will be touched .hmmm still indies point up for a while.
we'll see at L close
- #277,472
- Apr 26, 2011 10:02am Apr 26, 2011 10:02am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
- #277,473
- Apr 26, 2011 10:22am Apr 26, 2011 10:22am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #277,475
- Apr 26, 2011 10:34am Apr 26, 2011 10:34am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Hi TT - I wouldn't rule out 16380 either - 50% retrace from APR18 swing low to APR21 swing high . H4 looking bearish tbh - but of course , daily still in uptrend , but still wouldn't like to pick the bottom of this retrace
Good point.
This is going to sound funny...
We will have to go up - to continue down. Off course, we can go straight to 1.6320 before a proper retrace, and i'll be dead. But I slightly favour 1.65xx first. This will give me reason to short.
Otherwise, I will be suspicious.
All the best to you
Regards
- #277,476
- Apr 26, 2011 10:42am Apr 26, 2011 10:42am
- | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Not everybody understands dodgy tricks up your sleaves TT
I thought we'd be closing atleast above 6480 for UP or below 64 for low.
I thought we'd be closing atleast above 6480 for UP or below 64 for low.
Good day to you,
Good point.
This is going to sound funny...
We will have to go up - to continue down. Off course, we can go straight to 1.6320 before a proper retrace, and i'll be dead. But I slightly favour 1.65xx first. This will give me reason to short.
Otherwise, I will be suspicious.
All the best to you
Regards
- #277,478
- Apr 26, 2011 11:10am Apr 26, 2011 11:10am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Not everybody understands dodgy tricks up your sleaves TT
I thought we'd be closing atleast above 6480 for UP or below 64 for low.
We need to stay out of each other's way, as we are not good together.
Hehe...
My charts are mixed at the moment. Longer term says weak up, whilst short term is doing the last run up before we go lower. I am thus hoping we can move up now to break 1.65XX, as if we are there and I get my indi to cross, we will be banking 100 pips down.
My aim is 4 x 200 pip trades in the next 9 weeks. that is all I aim for. So maybe time to relax and wait for that perfect setup, as they will come.
All the best to you
Regards
- #277,479
- Apr 26, 2011 11:23am Apr 26, 2011 11:23am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
hi again
london close disappointed me as no move at all.at least I have half of the down move confirmation now on H4 as I have a cross.
now I wait for the price to go down to 1.6380 in the next 20 h I give it a max of 28 h but I don't thinks so.
when price will close on H4 under that level we go down first TP 100 pips second one 50 pips more third one 50 pips more meaning 1.618X.
actually there will be 212 pips the whole down move to be more precise and then at least 100 up and resume up trend next week for the 1.67 level
I so whish it will be like this
no ,really now this is what I see on the charts.
london close disappointed me as no move at all.at least I have half of the down move confirmation now on H4 as I have a cross.
now I wait for the price to go down to 1.6380 in the next 20 h I give it a max of 28 h but I don't thinks so.
when price will close on H4 under that level we go down first TP 100 pips second one 50 pips more third one 50 pips more meaning 1.618X.
actually there will be 212 pips the whole down move to be more precise and then at least 100 up and resume up trend next week for the 1.67 level
I so whish it will be like this
no ,really now this is what I see on the charts.
- #277,480
- Apr 26, 2011 11:24am Apr 26, 2011 11:24am
hey guys, i have some news. one of my senior trader friend says todays low in the support area for gbpusd and if its going to go up from here it should reach 1.6730 area. I'm not sure so though of letting you know. Anyways after seeing what we saw last week the super strong uptrend breaking all boundaries of resistance... i wouldnt be suprised if to goes to 1.67 as he says... Any feedback appreciated.
To Your Success!!