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Cable Update (GBPUSD)

  • #328,841
  • Nov 1, 2012 6:43am Nov 1, 2012 6:43am
Quoting sabar
oh no.. maybe I will get MarginCall soon, but lets try buy again..Attachment
You're buying into resistance there. It might break this time but expect some reaction at 1.6163. Regards
Gone to a better place
  • #328,842
  • Nov 1, 2012 6:47am Nov 1, 2012 6:47am
Hi, what is this monthly resistance ? I see nothing there on monthly chart ? Thanks

G/L

Quoting nahman
Monthly resistance at 1.6165 however I would not short just yet as it is still looking pretty strong.
ex member
  • #328,843
  • Nov 1, 2012 6:48am Nov 1, 2012 6:48am
http://www.sierrachart.com/userimage...1768643810.png
http://www.sierrachart.com/userimage...1770419501.png

Entered with divergence, although that has repainted as you can see I was nearly stopped out
  • #328,844
  • Nov 1, 2012 6:53am Nov 1, 2012 6:53am
ahahah, maybe, my first impression was right.
Agressive response always make me check twice !!!!
Ya, I doubt that you are a newbie in FF. Sure you are not newbie in forex business.
Welcome back!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: ahahaha.gif Size: 64 KB
Don't be smart. Be rich.
  • #328,845
  • Nov 1, 2012 7:04am Nov 1, 2012 7:04am
Quoting Ill-b-back
Talk about gambling LOL.

I'm very terrible at patterns, but I turned this and this into this while ignoring my wife...

Anyway, off to bed, all the best everyone.
We should visit your entry again...

Patterns are nice... don't know what they mean, but they are pretty
  • #328,846
  • Nov 1, 2012 7:04am Nov 1, 2012 7:04am
Quoting maximinus
ahahah, maybe, my first impression was right.
Agressive response always make me check twice !!!!
Ya, I doubt that you are a newbie in FF. Sure you are not newbie in forex business.
Welcome back!!!!
How do you know that's him???
  • #328,847
  • Nov 1, 2012 7:09am Nov 1, 2012 7:09am
Quoting bbakker
How do you know that's him???
I'm not 100% sure mate. But same trade technique. The sole difference is that SG traded 1min chart, and this new one trade 5m chart.
But agressiveness make me always suspicious, even if he not SG, it's suspicious for me. So members of this thread are informed, that is my goal.
Don't be smart. Be rich.
  • #328,848
  • Edited 7:25am Nov 1, 2012 7:14am | Edited 7:25am
Should have shorted other GBP pairs... this one is crawling down by comparison... lol

h1 chart with nearest support and resistance lines -

http://gyazo.com/a9e280af271af959a841b62381a44f35

EDIT: Updated to include my TP - http://gyazo.com/ff05e1111f37456e5a37ab9f4057b6ac
  • #328,849
  • Nov 1, 2012 7:22am Nov 1, 2012 7:22am
Quoting bbakker
Should have shorted other GBP pairs... this one is crawling down by comparison... lol

h1 chart with nearest support and resistance lines -

http://gyazo.com/a9e280af271af959a841b62381a44f35
Try GBP/CAD
  • #328,850
  • Nov 1, 2012 7:28am Nov 1, 2012 7:28am
Quoting Antiromantic
Try GBP/CAD
I was thinking more GBP/CHF and certainly not GBP/JPY.

JPY really is looking to weaken further. Pushing up against a major trendline -

http://gyazo.com/bffb72f656612e22aba2214a922fa8e1
  • #328,851
  • Nov 1, 2012 9:06am Nov 1, 2012 9:06am
Quoting bbakker
Should have shorted other GBP pairs... this one is crawling down by comparison... lol

h1 chart with nearest support and resistance lines -

http://gyazo.com/a9e280af271af959a841b62381a44f35

EDIT: Updated to include my TP - http://gyazo.com/ff05e1111f37456e5a37ab9f4057b6ac
This thread is about as exciting as the price movement in the last few hours... lol

Still waiting for my target, having gone through numerous news releases. Stop was at BE a while back...
  • #328,852
  • Nov 1, 2012 9:26am Nov 1, 2012 9:26am
Quoting TauTrader
Still holding my EU shorts...
Still holding?
  • #328,853
  • Nov 1, 2012 9:30am Nov 1, 2012 9:30am
Still holding my short for GU. Anyone with me
  • #328,854
  • Nov 1, 2012 9:32am Nov 1, 2012 9:32am
Quoting bbakker
This thread is about as exciting as the price movement in the last few hours... lol

Still waiting for my target, having gone through numerous news releases. Stop was at BE a while back...
Closed it... very close to my target.

I am out of here for a while... lots of other things to do and this thread is becoming littered with my posts. See you all soon enough again.
  • #328,855
  • Nov 1, 2012 10:32am Nov 1, 2012 10:32am
and so the fall begins.
let's see if the rout will really start tomorrow.
  • #328,856
  • Nov 1, 2012 10:38am Nov 1, 2012 10:38am
Quoting FxLapozi
Still holding my short for GU. Anyone with me
Disgusted with myself, closed all out at 1.6150. Need to learn to just look at 4 hour chart when going into longer term trades like this. To be fair, big news coming up is never a good thing.
http://www.sierrachart.com/userimage...1784289495.png
  • #328,857
  • Nov 1, 2012 10:40am Nov 1, 2012 10:40am
I think there is a big mess with Greece. There is a big vote on it in Greece and many parties said they will object the move. I don't know about you guies but I am shorting everything after the non-farm payrolls. Time to work on my pre-mature pension plan lol
  • #328,858
  • Nov 1, 2012 10:42am Nov 1, 2012 10:42am
Quoting bbakker
Still holding?
Good day,

Sorry - was out. Yip - still holding for 1.2920

Regards
  • #328,859
  • Nov 1, 2012 11:12am Nov 1, 2012 11:12am
Quoting TauTrader
Good day,

Sorry - was out. Yip - still holding for 1.2920

Regards
Hi Tau,

Are you still holding your GU longs? Thank you
Numbers NEVER Lie
  • #328,860
  • Nov 1, 2012 11:40am Nov 1, 2012 11:40am
Quoting ZizoFX
Hi Tau,

Are you still holding your GU longs? Thank you
Good day,

Longs were closed yesterday. See past posts..

I'm actually sitting with a small short from 1.6165 currently - but this trade was not posted.

All success to you
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