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Cable Update (GBPUSD)

  • #325,041
  • Sep 25, 2012 11:38am Sep 25, 2012 11:38am
had a heavy loss today.the price is ranging between daily resistance and daily pivot.Will it break the pivot ???
  • #325,042
  • Sep 25, 2012 11:45am Sep 25, 2012 11:45am
we might see 1.625 again
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  • #325,043
  • Sep 25, 2012 11:46am Sep 25, 2012 11:46am
Tried a long from 1.6216
tight sl
tp 1.6240
  • #325,044
  • Sep 25, 2012 11:47am Sep 25, 2012 11:47am
6197 next me thinks.
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Ghost Rider - WWTBMD?
  • #325,045
  • Sep 25, 2012 11:50am Sep 25, 2012 11:50am
Quoting albchr
6197 next me thinks.

You think it has any more upside left in it for today or not??

I Was targeting 1.6240??
  • #325,046
  • Sep 25, 2012 12:00pm Sep 25, 2012 12:00pm
Quoting Freshpips
Tried a long from 1.6216
tight sl
tp 1.6240
1.6237 line in the sand

if closes above 1.6247 and last stop 6257

SL 6210
  • #325,047
  • Sep 25, 2012 12:01pm Sep 25, 2012 12:01pm
Quoting redbeben
I jumped in EU short @ 1.2963

tp1 2929
tp2 2912
tp3 2898

pray for me
scaled for 20 more pips
  • #325,048
  • Sep 25, 2012 12:06pm Sep 25, 2012 12:06pm
Quoting Freshpips
You think it has any more upside left in it for today or not??

I Was targeting 1.6240??
Anything is possible
Ghost Rider - WWTBMD?
  • #325,049
  • Sep 25, 2012 12:07pm Sep 25, 2012 12:07pm
Quoting redbeben
scaled for 20 more pips
Ok, NY back from lunch. Let's see if they can't drive this puppy through the floor...LOL
Ghost Rider - WWTBMD?
  • #325,050
  • Sep 25, 2012 12:08pm Sep 25, 2012 12:08pm
Quoting redbeben
1.6237 line in the sand

if closes above 1.6247 and last stop 6257

SL 6210

Cheers red, much appreciated.

I orignally had my stop @ 1.6206, just under the recent 15 min spike. (well, 45 mins ago or thereabouts).
1.6235-1.6237 been penetrated good few times today so far so thought might have lost its validity - or at least not be AS valid now??

Also Been reading that course on Ichimoku you sent me... Very good. Been extremely busy recently but plan to read it 2-3 times...

When I have read it a few times I may well be running a few things past you if thats alright??
  • #325,051
  • Sep 25, 2012 12:10pm Sep 25, 2012 12:10pm
Quoting albchr
Anything is possible

Granted, anything is possible, but some things are more probable...

I was asking if you had a bias atall?? Or you on the fence?
  • #325,052
  • Sep 25, 2012 12:15pm Sep 25, 2012 12:15pm
Quoting Freshpips
Granted, anything is possible, but some things are more probable...

I was asking if you had a bias atall?? Or you on the fence?
Well, as I stated, my "bias" (i hate that word...lol) was 6197 next.

Now it may turn up from here or it may hit that like I think. With the last 30M bar respecting the TL on the chart in my previous post, I think 6197 next "probably".
Ghost Rider - WWTBMD?
  • #325,053
  • Sep 25, 2012 12:18pm Sep 25, 2012 12:18pm
1.6232 than we shall see... key level
  • #325,054
  • Sep 25, 2012 12:18pm Sep 25, 2012 12:18pm
Quoting albchr
Well, as I stated, my "bias" (i hate that word...lol) was 6197 next.

Now it may turn up from here or it may hit that like I think. With the last 30M bar respecting the TL on the chart in my previous post, I think 6197 next "probably".

Im glad you hate that word, Im with you on that but I have been reading a lot and that word keeps getting thrown around and been subconsiously implanted in my trading vocabulary!

My apologies! lol

Cheers dude.
  • #325,055
  • Sep 25, 2012 12:19pm Sep 25, 2012 12:19pm
Quoting Freshpips
Cheers red, much appreciated.

I orignally had my stop @ 1.6206, just under the recent 15 min spike. (well, 45 mins ago or thereabouts).
1.6235-1.6237 been penetrated good few times today so far so thought might have lost its validity - or at least not be AS valid now??

Also Been reading that course on Ichimoku you sent me... Very good. Been extremely busy recently but plan to read it 2-3 times...

When I have read it a few times I may well be running a few things past you if thats alright??
36-38 is the level alright belive it or not if we go above we continue as planned 47 and 57 if not we might be rejected there but untill I see the charts when we are there I cannot tell wether we will bounce or not....or if we bounce what will the levels be.

keep in mind I am short in my head on GU and my SL is influenced by this when longing meaning I don't risk too much

did I send you books ?

totally forgot about it I sent them to millions of people and tried to coach as many as I could and can't remember names
  • #325,056
  • Sep 25, 2012 12:22pm Sep 25, 2012 12:22pm
Quoting greg811
1.6232 than we shall see... key level
as in ? you might be right and I want to learn there is something missing in my head and you might hold the key to that
  • #325,057
  • Sep 25, 2012 12:25pm Sep 25, 2012 12:25pm
Quoting redbeben
as in ? you might be right and I want to learn there is something missing in my head and you might hold the key to that
if it gets there within next few m5 candles, we will see 1.6185 than bounce to 1.6215
  • #325,058
  • Sep 25, 2012 12:26pm Sep 25, 2012 12:26pm
Quoting redbeben
I jumped in EU short @ 1.2963

tp1 2929
tp2 2912
tp3 2898

pray for me
ok I give it 2 more hours to reach TP1 if not I'll bail out of it

yeap 120 min as max

now I am going to run with the dogs for one hour or so+ shower+feeding the cats and that will make 2 h
  • #325,059
  • Sep 25, 2012 12:27pm Sep 25, 2012 12:27pm
Quoting redbeben
36-38 is the level alright belive it or not if we go above we continue as planned 47 and 57 if not we might be rejected there but untill I see the charts when we are there I cannot tell wether we will bounce or not....or if we bounce what will the levels be.

keep in mind I am short in my head on GU and my SL is influenced by this when longing meaning I don't risk too much

did I send you books ?

totally forgot about it I sent them to millions of people and tried to coach as many as I could and can't remember names

Well like you say, I have a tight stop loss so not much at risk, In my opinion it was a worthwhile trade so Im sticking with it and will monitor... If I get +10 I will move sl - be and let it run...

I dont blame you for not remebering, im sure you have sent them to many people! lol Its very good though, and I have a lot of interest in it... So like I say, I may want to run a few things past you when done... Ill either PM you or email you to the address you sent the books out from if thats cool?
  • #325,060
  • Sep 25, 2012 12:28pm Sep 25, 2012 12:28pm
Quoting Freshpips
Im glad you hate that word, Im with you on that but I have been reading a lot and that word keeps getting thrown around and been subconsiously implanted in my trading vocabulary!

My apologies! lol

Cheers dude.
Well let's face it. Every time we place a trade we have a "bias" but I try very hard not to have one before hand. I try to react to what's happening not predict it. It does get tricky at times.

No apologies needed bro. Cheers!
Ghost Rider - WWTBMD?
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