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Cable Update (GBPUSD)

  • #73,901
  • Jul 1, 2008 10:38am Jul 1, 2008 10:38am
The price respected the TL on my 1HR for a nice bounce, good sign? We will see.

The greenback knows it role...bow down
  • #73,902
  • Jul 1, 2008 10:38am Jul 1, 2008 10:38am
Quoting Runway Trade
Closed my short -32Pips

Now where is that Long!!!
You are luckier than me. I am - 70 pips coz too early closed my short !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #73,903
  • Jul 1, 2008 10:41am Jul 1, 2008 10:41am
Once it breach my 15m GU trendline. I shall Long as well. Long stilll my main favourite
  • #73,904
  • Jul 1, 2008 10:43am Jul 1, 2008 10:43am
i think this about time to set long...
Be a sniper not a jumper
  • #73,905
  • Jul 1, 2008 10:45am Jul 1, 2008 10:45am
Quoting nAVIN2007
its the dollar index it doesnt matter really main thing is look at a pair which involve usd as the base currency and see what happening...
hmm..tell us when show time is coming
  • #73,906
  • Jul 1, 2008 10:53am Jul 1, 2008 10:53am
Quoting manize
we are draw !!! But only $7.5 on me !
If I Go Broke Trying Then I Will die happy.
  • #73,907
  • Jul 1, 2008 10:58am Jul 1, 2008 10:58am
Quoting ForexSpaz
Guys,

I moved my SL to the price I sold so I didn't lose the money back this damn thing make me wasted the whole day yesterday!

But I believe this sucker going down! It it overbought in 4H window and there is a strong resistance at 2.0009. It bounce right back strongly, that's mean there are alot of people taking profit out (believe it or not). I don't know how far it will go down but atleast 80 pips (Already 30 pips) as we talked!

What do you guys think?
As expected! It bounced back 95 pips! Damn I am good!
  • #73,908
  • Jul 1, 2008 10:59am Jul 1, 2008 10:59am
Quoting Moe
i got out with 40p still -£137 gonna hold it till we see 1.9700 next week
  • #73,909
  • Jul 1, 2008 11:07am Jul 1, 2008 11:07am
GU 15m

Breach the red line. I will start my bull run.

If no. I will retest the 1.9898
Attached Image
  • #73,910
  • Jul 1, 2008 11:13am Jul 1, 2008 11:13am
can you help an old woman out? do I go long on uj or short still learning to read charts
  • #73,911
  • Jul 1, 2008 11:15am Jul 1, 2008 11:15am
Quoting pip mom
can you help an old woman out? do I go long on uj or short still learning to read charts
This is the cable thread, so dont expect an answer.
  • #73,912
  • Jul 1, 2008 11:17am Jul 1, 2008 11:17am
Quoting pip mom
can you help an old woman out? do I go long on uj or short still learning to read charts
you cannot be serious

why are you even in FX if you cannot read charts?????????????
Don't chase the market, Let the market come to you
  • #73,913
  • Jul 1, 2008 11:17am Jul 1, 2008 11:17am
sorry
  • #73,914
  • Jul 1, 2008 11:19am Jul 1, 2008 11:19am
Quoting pip mom
can you help an old woman out? do I go long on uj or short still learning to read charts
I wish i could help as well. But for me UJ. Is under uncertainty.

U have to learn read chart first. It is the main basis
  • #73,915
  • Jul 1, 2008 11:20am Jul 1, 2008 11:20am
Bull-ing again? I shall wait for further 11 minute for the 30m candle to close for further info.....

Seems like 1.9898 is unreach-able.... Luckily closed my short juz now.
  • #73,916
  • Jul 1, 2008 11:22am Jul 1, 2008 11:22am
Looks like somebody got the lead out. I am not sure if it has the strength to retest todays highs.

-Ambrodel
Imma do the things that i wanna do I ain't got a thing to prove to you
  • #73,917
  • Jul 1, 2008 11:22am Jul 1, 2008 11:22am
Quoting pip mom
sorry
it really not good that u having a dream to make money and not prepared to learn..fluke will not get u there..

learn to trade effectively yourself and to be honest in forex factory getting advise blindly gonna lead to u losing money even quickier, only a few handfull can actually help...

http://www.forex-book.org/

this can help and its free...read the candle stick one, then at least u have a fair chance....good luck!
  • #73,918
  • Jul 1, 2008 11:23am Jul 1, 2008 11:23am
Quoting Tmac
you cannot be serious

why are you even in FX if you cannot read charts?????????????

The old lady cannot find her glasses
  • #73,919
  • Jul 1, 2008 11:28am Jul 1, 2008 11:28am
Quoting nAVIN2007
it really not good that u having a dream to make money and not prepared to learn..fluke will not get u there..

learn to trade effectively yourself and to be honest in forex factory getting advise blindly gonna lead to u losing money even quickier, only a few handfull can actually help...

http://www.forex-book.org/

this can help and its free...read the candle stick one, then at least u have a fair chance....good luck!
Why do we need to blow our minds with candlesticks and dojis sat on rockets and spend all our time licking the screen ?

Simply trade longer term using daily charts and follow the obvious trend which lasts for weeks or months - - buy the dips or sell the spikes for the entry point and keep a stop loss in case the trend changes or somebody kidnaps Hillary
  • #73,920
  • Jul 1, 2008 11:32am Jul 1, 2008 11:32am
Quoting allserene
Why do we need to blow our minds with candlesticks and dojis sat on rockets and spend all our time licking the screen ?

Simply trade longer term using daily charts and follow the obvious trend which lasts for weeks or months - - buy the dips or sell the spikes for the entry point and keep a stop loss in case the trend changes or somebody kidnaps Hillary
candles do work thou what yur saying is correct however she need to start with a foundation and i believe candles form a base to build on, theres also other stuff there which can help to..
candlestick signals i find been letting me down, but dailly they work great!..just my observation
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