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Cable Update (GBPUSD)

  • #78,761
  • Jul 30, 2008 2:58am Jul 30, 2008 2:58am
Quoting salah k.
ahleeen m3allem
wlak saba7o rayiss
  • #78,762
  • Jul 30, 2008 2:58am Jul 30, 2008 2:58am
Quoting micho
bonzoulllllll
bonzoulein michoo
  • #78,763
  • Jul 30, 2008 2:59am Jul 30, 2008 2:59am
Quoting yank
I think it 5 trade/day because in a month we only trade 20 effective days

hello yank
good after noon good eve .. any
  • #78,764
  • Jul 30, 2008 3:06am Jul 30, 2008 3:06am
Quoting micho
3 to 4 trades per day
you have:
1- Sunday
2- Monday
3- Tuesday
4- Wednesday
5- Thursday
6- Friday

30/7 = 4.28
4.28*6 ~ 25

You trade 20, I trade 25
no..no..i have only 5 days :
Monday 05.00~Friday
Saturday only 3,5 hours from 00.00~03.30 (GMT +7)
  • #78,765
  • Jul 30, 2008 3:08am Jul 30, 2008 3:08am
now we should test 15M 14ema if holds will be good spot for buy.
  • #78,766
  • Jul 30, 2008 3:08am Jul 30, 2008 3:08am
Still holding my long looking good...
Watching price enter intraday levels...
I will hawk price action now and make a decision based on what I see...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 34 KB
  • #78,767
  • Jul 30, 2008 3:09am Jul 30, 2008 3:09am
Quoting yank
no..no..i have only 5 days :
Monday 05.00~Friday
Saturday only 3,5 hours from 00.00~03.30 (GMT +7)
I have from Sunday 00:00 AM until Friday 11:00 PM
When life gives you lemons, make lemonade
  • #78,768
  • Jul 30, 2008 3:10am Jul 30, 2008 3:10am
When life gives you lemons, make lemonade
  • #78,769
  • Jul 30, 2008 3:14am Jul 30, 2008 3:14am
longs does look good
another one from 17
  • #78,770
  • Jul 30, 2008 3:15am Jul 30, 2008 3:15am
Quoting Shermenator
Still holding my long looking good...
Watching price enter intraday levels...
I will hawk price action now and make a decision based on what I see...

Attachment

I jumped out, will be looking to buy again on the retrace if it drops down enough. Banked 40 pips for now. I'm not too sure how much upside there will be today. Overall, I'm still bearish on my longer term outlook.

It's all relative I suppose.

G10.
Enlightened.
  • #78,771
  • Jul 30, 2008 3:17am Jul 30, 2008 3:17am
good day

i'm still out ... anyone think if this move is long trap?
  • #78,772
  • Jul 30, 2008 3:17am Jul 30, 2008 3:17am
I have now squeezed price to the closes tear of support to see how price responds and if its worth closing at break even or holding...
I dont use a stop...I let the market show me when the right time to stop and reverse or simply take a small lost.I already made some pips in the short earlier today...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 34 KB
  • #78,773
  • Jul 30, 2008 3:22am Jul 30, 2008 3:22am
today is ADP Nonfarm Employment Change ... i dont trade in day like this

even cable doesn't break daily pivot @ 1.9837
  • #78,774
  • Jul 30, 2008 3:22am Jul 30, 2008 3:22am
Quoting deboooo2005
good day

i'm still out ... anyone think if this move is long trap?
I feel that it may be a bit of a trap. I am thinking it may hit 1.9850 area, or at the extreme, 1.9940. But for me, it is hard to continue going long when my analysis on the longer timeframes is pointing down.

I may jump in for another long, but I will be quick to close it if I feel that it has reversed... Until I get a signal, I'm a watcher.


Enlightened.
  • #78,775
  • Jul 30, 2008 3:23am Jul 30, 2008 3:23am
Quoting deboooo2005
good day

i'm still out ... anyone think if this move is long trap?
I dont judge price in any direction, I fallow what is showing me with reaction to fibb levels...because If I do then I have bias and will miss trades.
  • #78,776
  • Jul 30, 2008 3:28am Jul 30, 2008 3:28am
this bounce could lead us to 9890
London boys love such actions lately.
  • #78,777
  • Jul 30, 2008 3:30am Jul 30, 2008 3:30am
it has GAP from 1.9945 to 1.9931 on 1hr TF.
is it possible to fill the GAP??
Attached Image (click to enlarge)
Click to Enlarge Name: gbp30-7.gif Size: 9 KB
  • #78,778
  • Jul 30, 2008 3:45am Jul 30, 2008 3:45am
Quoting yank
it has GAP from 1.9945 to 1.9931 on 1hr TF.
is it possible to fill the GAP??
i hope that
  • #78,779
  • Jul 30, 2008 3:50am Jul 30, 2008 3:50am
Quoting Abuawad
i hope that
Me too
  • #78,780
  • Jul 30, 2008 3:52am Jul 30, 2008 3:52am
Still waiting
Don't Get Bitter, Get Better
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