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Cable Update (GBPUSD)

  • #78,961
  • Jul 30, 2008 8:25pm Jul 30, 2008 8:25pm
Also....

I think the 4h 10sma has been a stone wall for the past few candles...If price fails to make a new low and we get a close above it I would consider long because it is os on this tf...
Attached Image (click to enlarge)
Click to Enlarge Name: 4gh.GIF Size: 20 KB
Patience + Discipline - Greed = Success
  • #78,962
  • Jul 30, 2008 9:18pm Jul 30, 2008 9:18pm
Quoting allserene
chart jockeysl
lmao
USD Est Non Mortuus
  • #78,963
  • Jul 30, 2008 9:34pm Jul 30, 2008 9:34pm
Currently long in gbp usd treating like a scalp.....early trade...

also oil price when up alot as well...bad for dollar

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 35 KB
  • #78,964
  • Jul 30, 2008 10:54pm Jul 30, 2008 10:54pm
Price has been a able to continue to break previouse candles highs...thats good for anyone that got in long...a close above 9813 should make price find buyers...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 35 KB
  • #78,965
  • Jul 30, 2008 10:54pm Jul 30, 2008 10:54pm
Quoting Seaward22
I'm short 1.9780 TP 1.9725
Short 1.9800 TP 1.9709
  • #78,966
  • Jul 30, 2008 10:59pm Jul 30, 2008 10:59pm
Quoting awol
Short 1.9800 TP 1.9709
lets hope you're both right. I'm still holding shorts at 1.9801 from yesterday.
  • #78,967
  • Jul 30, 2008 11:02pm Jul 30, 2008 11:02pm
Quoting Pipspur
lets hope you're both right. I'm still holding shorts at 1.9801 from yesterday.
2:00am GBP http://forexfactory.com/images/misc/...mpact_high.gif Nationwide HPI m/m
http://forexfactory.com/images/misc/calendar_detail.gif
-1.2% -0.9%
  • #78,968
  • Jul 30, 2008 11:02pm Jul 30, 2008 11:02pm
will take mostly shorts ,not risking too much taking longs during retracements .
http://www.gogetin.info/gbpusd277.gif
now
http://www.gogetin.info/gbpusd317.gif
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #78,969
  • Jul 30, 2008 11:03pm Jul 30, 2008 11:03pm
Keep in mind guys I am long looking for a tight scalp I wont loose in this trade simply because news at 2 am is not expected for the GBP....I will close my long with 7 or 5 pips if thats all I have before news....and I will give my next entry in the market ...It can be long or short...I have no bias..I simply fallow price..
  • #78,970
  • Jul 30, 2008 11:13pm Jul 30, 2008 11:13pm
I have closed my long with 7 pips......momentum died out completly...I will wait for price to reset and pull the trigger again....I will post my next trade when I take it....easy 7 pips...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 35 KB
  • #78,971
  • Jul 30, 2008 11:28pm Jul 30, 2008 11:28pm
I am long for a fibo retractment to 50%
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 17 KB
  • #78,972
  • Jul 31, 2008 12:12am Jul 31, 2008 12:12am
good morning runaway tade.
is that your 4HR chart?
Keep It Simple Stupid
  • #78,973
  • Jul 31, 2008 12:16am Jul 31, 2008 12:16am
anyone else have a position of pending? I just got in from my pool league, I'm baked , it's end of month and I could give a shit less about opening a trade until a decision has been made by the market. this damn thing has been sitting around this price now for 1 1/2 days (don't get me wrong, it's had spikes here and there, but no true movement), this tells me she doesn't really want to go down that far before shooting to the moon, however; this is end of month and anything is possible.
Just digging in the trenches like everyone else!
  • #78,974
  • Jul 31, 2008 12:17am Jul 31, 2008 12:17am
Quoting Alastair
good morning runaway tade.
is that your 4HR chart?
I don't think he's online. It's his 1 hour if I can assist. Check out your daily and 4 hour and tell me what you see.
Just digging in the trenches like everyone else!
  • #78,975
  • Jul 31, 2008 12:20am Jul 31, 2008 12:20am
what do we see?
Attached Image (click to enlarge)
Click to Enlarge Name: chart.JPG Size: 75 KB
Just digging in the trenches like everyone else!
  • #78,976
  • Jul 31, 2008 12:24am Jul 31, 2008 12:24am
Quoting eohater
I don't think he's online. It's his 1 hour if I can assist. Check out your daily and 4 hour and tell me what you see.
it looks pretty much like my 4HR. not entering the market yet either. going to wait and see!!
Keep It Simple Stupid
  • #78,977
  • Jul 31, 2008 12:31am Jul 31, 2008 12:31am
Quoting Alastair
good morning runaway tade.
is that your 4HR chart?
Sorry just took my daughter to school. No that was a 1H chart below same4H chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 17 KB
  • #78,978
  • Jul 31, 2008 12:32am Jul 31, 2008 12:32am
she's going to break out, now just which direction?
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.JPG Size: 82 KB
Just digging in the trenches like everyone else!
  • #78,979
  • Jul 31, 2008 12:34am Jul 31, 2008 12:34am
Quoting Runway Trade
Sorry just took my daughter to school.

Good stuff!

You still long? If so, what price?
Just digging in the trenches like everyone else!
  • #78,980
  • Jul 31, 2008 12:37am Jul 31, 2008 12:37am
Quoting eohater
she's going to break out, now just which direction?

I know.
"Timing Is Everything. Really I Swear It Is"
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