9530 Area thn back down.
then down 200pips Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
Cable Update (GBPUSD)
- #66,081
- May 14, 2008 8:05pm May 14, 2008 8:05pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
then down 200pips - #66,082
- May 14, 2008 8:08pm May 14, 2008 8:08pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
great so im not crazy if im seeing 18500 area
for my shorts i would be happy with 19000 which is the max i might hold them
i will close half at 9200 and another half of that at 9100 and the rest on 9000
i still c 1.9000 as a big psychological support.
"Keep your eyes on the helpers" - Mr. Rogers
- #66,084
- May 14, 2008 9:09pm May 14, 2008 9:09pm
great man i have my eyes set on 1.90 area or even 187 area
i just didnt dare say it because most people here expect 2.11 soon and they'd kill me
LOL
LOL, see my signature, CONTRARIAN TRADER.
- #66,085
- May 14, 2008 9:13pm May 14, 2008 9:13pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #66,086
- Edited 10:38pm May 14, 2008 9:45pm | Edited 10:38pm
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #66,088
- May 14, 2008 9:53pm May 14, 2008 9:53pm
- | Joined Apr 2008 | Status: You never know | 1,306 Posts
I am watching H4 candle where cable goes stronger.
Expected the unexpected
- #66,089
- May 14, 2008 9:57pm May 14, 2008 9:57pm
- | Joined Oct 2007 | Status: work in progress | 1,009 Posts
Goes strong? You mean it will be trending upward? But the price is going lower right now.
Our preference: Long positions above 1.9415 with targets @ 1.95 & 1.9525 in extension.
Alternative scenario: Below 1.9415 look for further downside with 1.939 & 1.936 as targets.
Comment: the pair is bouncing off its channel support
another look
Don't chase the market, Let the market come to you
- #66,090
- Edited 11:02pm May 14, 2008 10:03pm | Edited 11:02pm
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
4H?
on a 30M chart, hmm, interesting...
1. H4 almost 100% accurately but maybe late to reach the above target. What I hope here, ... is the timing for the commencement of any fundamental strong trend when I open a posistion. More better late than nothing to get.
2. M30 very risky. The accuracy ratio 1 : 3
3. H1, the accuracy ratio 2 : 2
I have the experience more than 10 times succeed to get the profits using H4 ( some times only 10 pips, closed when profits reached more than 20 pips eventhough moved till more than 100 pips). But yesterday all profits burnt due to impatient waiting for H4 candle open/close beyond the limit level.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #66,091
- May 14, 2008 10:24pm May 14, 2008 10:24pm
With daily target 50 pips or more.
1. H4 almost 100% accurately but maybe lately to reach the above target. What I hope here, ... is the timing for the commencement of any fundamental strong trend when I open a posistion. More better late than nothing to get.
2. M30 very risky. The accuracy ratio 1 : 3
3. H1, the accuracy ratio 2 : 2
I have the experience more than 10 times succeed to get the profits using H4 ( some times only 10 pips, I close when profits reached more than 20 pips). But yesterday all profits burnt due to impatient waiting for H4 candle open/close beyond the limit level.
- #66,092
- May 14, 2008 10:31pm May 14, 2008 10:31pm
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
What I mean is ... see bellow.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #66,093
- May 14, 2008 10:34pm May 14, 2008 10:34pm
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
Goes strong? You mean it will be trending upward? But the price is going lower right now.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #66,095
- May 14, 2008 11:51pm May 14, 2008 11:51pm
- Joined Mar 2007 | Status: Trader | 1,086 Posts
The quality of your life is brought about by the quality of your thinking.
- #66,096
- Edited 12:47am May 15, 2008 12:35am | Edited 12:47am
- | Commercial User | Joined Nov 2007 | 1,079 Posts
- #66,098
- May 15, 2008 12:44am May 15, 2008 12:44am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
Navin smile please !!!
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #66,099
- May 15, 2008 12:44am May 15, 2008 12:44am
- | Joined Apr 2008 | Status: You never know | 1,306 Posts
Expected the unexpected
