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Cable Update (GBPUSD)

  • #299,841
  • Feb 3, 2012 12:39am Feb 3, 2012 12:39am
Quoting Faller
???????????

only 14pip close hehehe
trade small no lose
  • #299,842
  • Feb 3, 2012 12:50am Feb 3, 2012 12:50am
We might see a retracement to 38.2 before a take off. In H4 chart, there is a divergence visible on MACD

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I just started trading live, so I am doing my best to understand the fx. Please correct me where I am wrong.
  • #299,843
  • Feb 3, 2012 1:08am Feb 3, 2012 1:08am
Quoting mohdfardli
how the liter down or big

where are u from bro?
I trade to live
  • #299,844
  • Feb 3, 2012 1:11am Feb 3, 2012 1:11am
Quoting Ill-b-back
Short 5840

u mean u set your short at 5840?
I trade to live
  • #299,845
  • Feb 3, 2012 1:18am Feb 3, 2012 1:18am
Quoting UbuFamily
where are u from bro?

??????
trade small no lose
  • #299,846
  • Feb 3, 2012 1:21am Feb 3, 2012 1:21am
Quoting UbuFamily
u mean u set your short at 5840?
Seriously, no broker I use had bidden at 5840, highest ask I got was 5841 but bids never crossed 5840.
Don't get mad, get even!
  • #299,847
  • Feb 3, 2012 2:13am Feb 3, 2012 2:13am
Quoting UbuFamily
u mean u set your short at 5840?
Out to dinner. I was short (triggered) at time of post (go markets)
Come with me if you want to live....
  • #299,848
  • Feb 3, 2012 2:14am Feb 3, 2012 2:14am
Quoting stulic
Seriously, no broker I use had bidden at 5840, highest ask I got was 5841 but bids never crossed 5840.
This is the wild west you know. Anything goes in forex. See you tomorrow, stopped out or in the money
Come with me if you want to live....
  • #299,849
  • Feb 3, 2012 2:19am Feb 3, 2012 2:19am
Quoting Ill-b-back
Out to dinner. I was short (triggered) at time of post (go markets)
Go Markets quoted 1.58408 highest ask at that time, nobody would get filled in short at 5840 with them, just a fact, apart from it being a losing trade anyway
Don't get mad, get even!
  • #299,850
  • Feb 3, 2012 2:31am Feb 3, 2012 2:31am
Quoting PipMaxzz
Going long at 5387
Exiting my longs, not bad, 400 pips...
  • #299,851
  • Feb 3, 2012 2:34am Feb 3, 2012 2:34am
Again cable respecting its channel. Momentum slowing down as one would expect before major data. Impossible to say what will happen, but whatever the result and once a direction is set I one piece of advice I would say is don't try to counter trade it on Friday as price tends to go flat rather than retrace, and thens spikes right in the last half hour so unless you like holding for the weekend and playing for a gap. Counter trend scalping on a Friday afternoon will burn you more than it will pay you.
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  • #299,852
  • Feb 3, 2012 3:55am Feb 3, 2012 3:55am
Quoting stulic
Go Markets quoted 1.58408 highest ask at that time, nobody would get filled in short at 5840 with them, just a fact, apart from it being a losing trade anyway
I will check my price bro but that loser is now a winner so far. Move to BE when I get home
Come with me if you want to live....
  • #299,853
  • Feb 3, 2012 4:13am Feb 3, 2012 4:13am
Quoting stulic
Go Markets quoted 1.58408 highest ask at that time, nobody would get filled in short at 5840 with them, just a fact, apart from it being a losing trade anyway
It pays to read between the lines. That candle between the lines was my entry, why would I bullshit you? Go Markets pride themselves on tight spreads. I have seen less that 1 pip spread on this pair at times.
My system gave a short signal when I got home from work so I took it before heading out to dinner.
I actually won't move to SL BE, I will hold and let the chips fall as they may. Stop above yesterdays high. Good luck with your trade.
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Come with me if you want to live....
  • #299,854
  • Feb 3, 2012 4:15am Feb 3, 2012 4:15am
Quoting PipMaxzz
Exiting my longs, not bad, 400 pips...
Come with me if you want to live....
  • #299,855
  • Feb 3, 2012 4:37am Feb 3, 2012 4:37am
close below the trendline and were diving down,or hard bounce if closes above 5860
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  • #299,856
  • Feb 3, 2012 4:42am Feb 3, 2012 4:42am
Off to bed, goodnight all
Come with me if you want to live....
  • #299,857
  • Feb 3, 2012 5:26am Feb 3, 2012 5:26am
Quoting Ill-b-back
Off to bed, goodnight all

good night bro, sleep well
I trade to live
  • #299,858
  • Feb 3, 2012 5:26am Feb 3, 2012 5:26am
Quoting Ill-b-back
Off to bed, goodnight all
back up with the baby. Just realised we have not retraced to the pink 200ema during this bull run. Current resistance could send us there. It is my target.
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Come with me if you want to live....
  • #299,859
  • Feb 3, 2012 5:28am Feb 3, 2012 5:28am
OK time to buy at 1.58093 north to 1.5880
  • #299,860
  • Feb 3, 2012 5:28am Feb 3, 2012 5:28am
Quoting UbuFamily
good night bro, sleep well
HA HA, I wish Ubu. Just as well she is sooooo cute
Come with me if you want to live....
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