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Cable Update (GBPUSD)

  • #73,281
  • Jun 30, 2008 3:22am Jun 30, 2008 3:22am
My opinion

Sorry text boxes not come on. 1 on last top 2 last bottom 3 last mid top then down!?
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  • #73,282
  • Jun 30, 2008 3:23am Jun 30, 2008 3:23am
same here with me, navin. I will have learned my lesson.
  • #73,283
  • Jun 30, 2008 3:24am Jun 30, 2008 3:24am
Quoting tarektm
i am in the same position now
got sell trades, but with little amount, not effect much, but it will slow down my trading.

anyway,

GBPUSD Trading style is changing, it is being traded this year like never before.

higher liquidity here, and previous rules doesn't apply anymore.

hi tarik kifak
i dunno why u r taking short trade in a bullish trend
at least we have to wait a reversal signal , i cant see any reversal signal till now to load short
  • #73,284
  • Jun 30, 2008 3:34am Jun 30, 2008 3:34am
Quoting fransisco
can u explain it bro..post here or PM will be okay..thanks.

whats there to explain ...

look for the expert folder, then indicators and and place it in there...restart yur platform and load it, pick it and its on the screen ...it tells u the spread and price currently.
  • #73,285
  • Jun 30, 2008 3:36am Jun 30, 2008 3:36am
Quoting nAVIN2007
once i come out of this mess i will never eversell in a bullish market ....worst trade i done so far and going into non farm ..really stupid
Dont worry Nav I'll be your house and your car it will go down!
  • #73,286
  • Jun 30, 2008 3:38am Jun 30, 2008 3:38am
Quoting warta
hi tarik kifak
i dunno why u r taking short trade in a bullish trend
at least we have to wait a reversal signal , i cant see any reversal signal till now to load short
it's not from this week,
it's old, two weeks back,
there where a sell signal then....
but i don't use stop loss,
that's why i have to think about it.

eventually, the price will get back, but waiting until it get back will cost me more nowadays with such a high liquidity.
  • #73,287
  • Jun 30, 2008 3:41am Jun 30, 2008 3:41am
Quoting tarektm
it's not from this week,
it's old, two weeks back,
there where a sell signal then....
but i don't use stop loss,
that's why i have to think about it.

eventually, the price will get back, but waiting until it get back will cost me more nowadays with such a high liquidity.
agree bro but if u check my post u will find a new weekly price action formation and it show bullish , i think we will go up after a small retrace
  • #73,288
  • Jun 30, 2008 3:44am Jun 30, 2008 3:44am
Quoting warta
agree bro but if u check my post u will find a new weekly price action formation and it show bullish , i think we will go up after a small retrace
my charts telling that,
and a warning was posted in this forum already by me since a while, link in my signature.

bullish and so bullish move.

after that retrace i will close my trades or one of them, then i will long there,
that's my strategy now.
  • #73,289
  • Jun 30, 2008 3:48am Jun 30, 2008 3:48am
Quoting tarektm
my charts telling that,
and a warning was posted in this forum already by me since a while, link in my signature.

bullish and so bullish move.

after that retrace i will close my trades or one of them, then i will long there,
that's my strategy now.
i see... thats gr8 bro
hope u r not with big lot in ur short
  • #73,290
  • Jun 30, 2008 3:48am Jun 30, 2008 3:48am
Quoting tarektm
my charts telling that,
and a warning was posted in this forum already by me since a while, link in my signature.

bullish and so bullish move.

after that retrace i will close my trades or one of them, then i will long there,
that's my strategy now.
If you don't mind me adding to this? My broker has, in the last few hours changed from selling @ 9965 to buying dips around 1.9900.
  • #73,291
  • Jun 30, 2008 3:48am Jun 30, 2008 3:48am
wartaaaaaaaaaaaaaaaaaaaaa
  • #73,292
  • Jun 30, 2008 3:49am Jun 30, 2008 3:49am
Quoting boxingislife
wartaaaaaaaaaaaaaaaaaaaaa
boxinnnnnnnnnng hows u bro and hows ur trade
  • #73,293
  • Jun 30, 2008 3:50am Jun 30, 2008 3:50am
Quoting warta
i see... thats gr8 bro
hope u r not with big lot in ur short
Not much,
i play it safe
  • #73,294
  • Jun 30, 2008 3:51am Jun 30, 2008 3:51am
Quoting boxingislife
wartaaaaaaaaaaaaaaaaaaaaa
hayyyyyyy
you still didn't tell me why you use 55 as a CCI Period bro.?
  • #73,295
  • Jun 30, 2008 3:52am Jun 30, 2008 3:52am
Quoting Jaded Inc
If you don't mind me adding to this? My broker has, in the last few hours changed from selling @ 9965 to buying dips around 1.9900.
did your broker trade for you?
  • #73,296
  • Jun 30, 2008 3:52am Jun 30, 2008 3:52am
Quoting tarektm
my charts telling that,
and a warning was posted in this forum already by me since a while, link in my signature.

bullish and so bullish move.

after that retrace i will close my trades or one of them, then i will long there,
that's my strategy now.
it's a long day huh..!!
  • #73,297
  • Jun 30, 2008 3:53am Jun 30, 2008 3:53am
Quoting fransisco
it's a long day huh..!!
i am used to it
  • #73,298
  • Jun 30, 2008 3:53am Jun 30, 2008 3:53am
Quoting warta
boxinnnnnnnnnng hows u bro and hows ur trade
good man what about u?

cable did like i mentioned a page or 2 back. test of highs and then a drop and well it went over the highs but dropped so i shorted around 52 and closed a few pips lower but im still biased short so i took a very small short. i see upper 9800s before we go further plus cables having a hard time moving up while euro is making highs. so theres deff not enough pound strength to go up. i just banked around 70 pips shorting gbpchf from the 2.0280s so thats another reason why i see cable dropping a bit before taking off
  • #73,299
  • Jun 30, 2008 3:56am Jun 30, 2008 3:56am
Quoting tarektm
did your broker trade for you?
thats a deffinate no! on all counts lol
  • #73,300
  • Jun 30, 2008 3:56am Jun 30, 2008 3:56am
Quoting tarektm
Not much,
i play it safe


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