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- Precision replied Aug 21, 2011
I wonder what the sterling has for us this week... Took a short position myself @ 1.6476. I don't expect the GBPUSD to pick upside momentum so early. Will look to exit my trade in the morning before London open or even earlier than that. Good luck ...
Cable Update (GBPUSD)
- Precision replied Aug 18, 2011
that doji in a daily chart would boost my buying confidence even further.
Cable Update (GBPUSD)
- Precision replied Aug 18, 2011
I will catch the move when in progress rather than lead the market. It looks like order reading is in progress and not enough on the plate for robbers to take before heading in the direction of the bull.
Cable Update (GBPUSD)
- Precision replied Aug 17, 2011
Maybe a new high of 1.68 by the end of this month. Somewhere along whether it be this week or next week it has to come to a rest. This is where i would probably start thinking about buying the last leg of the rally before a bear takes takes effect. ...
Cable Update (GBPUSD)
- Precision replied Aug 16, 2011
Shorted @ 1.64205. I'm retiring and putting in place a tight stop loss. Will check on this entry later as I need a little rest. good luck to the bears.
Cable Update (GBPUSD)
- Precision replied Aug 16, 2011
[quote=TheCatsPJs;4874196]Shorts starting to look better to me now maybe 3pm will see it through! Perhaps 17h:00 london time for me.
Cable Update (GBPUSD)
- Precision replied Aug 16, 2011
And a possible 100% retracement to test the previous high of 1.6408 if 1.6393 is broken. Will consider selling once the above retracement is in place and hopefully it goes as planned.
Cable Update (GBPUSD)
- Precision replied Aug 16, 2011
Could it be that the bearish move we were so anticipating the previous day is only starting to manifest today?!
Cable Update (GBPUSD)
- Precision replied Aug 15, 2011
I will not be surprised if it hits the level 1.65. I was bearish till my stop loss got triggered @ 1.6344 and lost a few pips in the process. To me 1.65 seemed possible but only late this week. I anticipated a bear first to touch level 1.61 and a ...
Cable Update (GBPUSD)
- Precision replied Aug 15, 2011
I have that very same trade setup in mind as well; but only if the cable hits the low of 1.6123 and rise all the way back to that level you have pointed out(1.63).
Cable Update (GBPUSD)
- Precision replied Aug 15, 2011
Or maybe even 1.6123. but i will adjust my SL accordingly incase this 2nd target is too far off.
Cable Update (GBPUSD)
- Precision replied Aug 14, 2011
I too is worried about the Daily candle. If the candle turns Red I'm probably gonna sell all the way down to 1.611314. In my opinion the decline will last maybe till 15 Aug 2011, 07:30 am. From that low I think we shall see the cable rising up to ...
Cable Update (GBPUSD)
- Precision replied Aug 14, 2011
Hi everyone, I'm a newbie and this is my first post. I would like to wish you all success in your trading. ..................................................................................................... Johnny I agree with you 100%. If those ...
Infinite trading strategies. Where's the end?
- Posts by Member Search: 'Precision'