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Cable Update (GBPUSD)

  • #129,621
  • Apr 15, 2009 6:34am Apr 15, 2009 6:34am
Quoting ubaidahsan
good shot buddy i went long too but i closed at 910 but please keep update here when you went short or long...wish you good luck sure it will down again


Ub

hello look i cant long @ these price ... but if it broke 1.5050 i'll long

and i cant short now becuse its risky

cable rose in the last few days and i'm looking for correction which could end @ 1.4890
  • #129,622
  • Apr 15, 2009 6:39am Apr 15, 2009 6:39am
I was also long at 1.4830.

You can see the buying pressure coming into the market on the two bars before the move up at 7.30 am GMT. All indications then where for the market to rise with increasing volume and a rising background trend.

Took half at 1.4957 and the other at 1.5015.

Supa
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Boxing clever since 76.
  • #129,623
  • Apr 15, 2009 6:44am Apr 15, 2009 6:44am
Quoting Abuawad
Still no position yet, i think the clear move will happen once US session is open.
Ok, on my chart a 30min candle closed below 14860, so doesnt that mean a sell signal? This was shortly after you posted your signals for the day.

Im only asking because i want to understand, not because im trying to find a problem.

Thanks again
  • #129,624
  • Apr 15, 2009 6:49am Apr 15, 2009 6:49am
Hi Geppyg,

I know from 1.5000 to 1.6500, there will be a lot of retracements.

What I mean is that my long-term profit target is at 1.6500.

While on the way up to that price level, I will have counter-trend down when there is a retracement.

Ok. Good. We are here to exchange our ideas and experience or trade calls/trade setups. This is good.

So, have a good day, my buddy!

Best regards,
James
  • #129,625
  • Apr 15, 2009 6:53am Apr 15, 2009 6:53am
I am confident the price action will move back up to test the 1.5 mark again in the near future. For some reason, I can see it breaking through.

The more price lingers around the 1.50 area, the more likely it is to break through, then the old idium, 'Resistance becomes support'.
Probability Professor
  • #129,626
  • Apr 15, 2009 6:53am Apr 15, 2009 6:53am
Quoting james_phuc28
Hi Geppyg,

I know from 1.5000 to 1.6500, there will be a lot of retracements.

What I mean is that my long-term profit target is at 1.6500.

While on the way up to that price level, I will have counter-trend down when there is a retracement.

Ok. Good. We are here to exchange our ideas and experience or trade calls/trade setups. This is good.

So, have a good day, my buddy!

Best regards,
James
dont feel u need to prove anything to any1..i actually think yur a good trader..u have patience and disipline which is essential and also have ability to trade higher time frames..if people give u abuse, tell them to get a life

trading egos are much bigger than trading accounts
  • #129,627
  • Apr 15, 2009 6:58am Apr 15, 2009 6:58am
Hello again

14920 was a valid entry right? It reached its tp at 15006, is this correct or not? Anyone?

Thanks
  • #129,628
  • Apr 15, 2009 7:03am Apr 15, 2009 7:03am
Quoting bobcat
Hello again

14920 was a valid entry right? It reached its tp at 15006, is this correct or not? Anyone?

Thanks
Are you talking in past or future ? Elaborate.
Probability Professor
  • #129,629
  • Apr 15, 2009 7:03am Apr 15, 2009 7:03am
Quoting james_phuc28
Hi Geppyg,

I know from 1.5000 to 1.6500, there will be a lot of retracements.

What I mean is that my long-term profit target is at 1.6500.

While on the way up to that price level, I will have counter-trend down when there is a retracement.

Ok. Good. We are here to exchange our ideas and experience or trade calls/trade setups. This is good.

So, have a good day, my buddy!

Best regards,
James
Thats right james take no shit from no one.... you have the right attitude, keep the faith bro
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #129,630
  • Apr 15, 2009 7:04am Apr 15, 2009 7:04am
Quoting james_phuc28
Hi Geppyg,

I know from 1.5000 to 1.6500, there will be a lot of retracements.

What I mean is that my long-term profit target is at 1.6500.

While on the way up to that price level, I will have counter-trend down when there is a retracement.

Ok. Good. We are here to exchange our ideas and experience or trade calls/trade setups. This is good.

So, have a good day, my buddy!

Best regards,
James


If you said that is your long term target... that mean you already have open long position before and not close it yet while waiting to heading your target at 1.6500. and you may have other open position whether short or long because you said that you play sell and buy during the retracement.
Anyway what is your entry for long term target.. should be below 1.48xx i think.. And you will reward with a huge pip around 15xx pip.. that is really out of my mind , i never be reward like that and also I never heard people on this thread get the huge as you are...
Never look for past.. always beyond the boundary
  • #129,631
  • Apr 15, 2009 7:10am Apr 15, 2009 7:10am
Quoting nAVIN2007
dont feel u need to prove anything to any1..i actually think yur a good trader..u have patience and disipline which is essential and also have ability to trade higher time frames..if people give u abuse, tell them to get a life

trading egos are much bigger than trading accounts
Well said ! ....
  • #129,632
  • Apr 15, 2009 7:15am Apr 15, 2009 7:15am
I have actually posted it in some other threads, but I see nobody noticed it here and want to shed some light, as it can save some desparate longs:
There is a PB on G/U 4hr chart. I see a good possability of it reaching the great support area @ 1,477 - 4hr ema+618FIB+TL
Just an IMHO
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  • #129,633
  • Apr 15, 2009 7:16am Apr 15, 2009 7:16am
Quoting hardaez
If you said that is your long term target... that mean you already have open long position before and not close it yet while waiting to heading your target at 1.6500. and you may have other open position whether short or long because you said that you play sell and buy during the retracement.
Anyway what is your entry for long term target.. should be below 1.48xx i think.. And you will reward with a huge pip around 15xx pip.. that is really out of my mind , i never be reward like that and also I never heard people on this thread get the huge as...
the great thing about forex is no limit...dont limit yourself anything goes it possible to get 500-1500 pip moves with stop loss of 100 pips...its just all about developing yourself with time..

anyway i post this trades from 2 weeks back just to prove its possible especially if people know me from the beginning....i can do it ..any1 can

Another thing just because i have success here doesnt mean im a trader...i just got it right this time, next time i could lose everything without mm..

happy trading folks
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  • #129,634
  • Apr 15, 2009 7:24am Apr 15, 2009 7:24am
Quoting Galation
Are you talking in past or future ? Elaborate.

Ok, sorry for my for my confusing question, I used the word 'was' (past tense) and the price 'was' very reciently at this level in 'past'. So yes in the past.

Sorry Im not trying to be funny. I was just interested to see if that should of triggered a buy signal as suggested on adu's signals.
  • #129,635
  • Apr 15, 2009 7:24am Apr 15, 2009 7:24am
Quoting hardaez
If you said that is your long term target... that mean you already have open long position before and not close it yet while waiting to heading your target at 1.6500. and you may have other open position whether short or long because you said that you play sell and buy during the retracement.
Anyway what is your entry for long term target.. should be below 1.48xx i think.. And you will reward with a huge pip around 15xx pip.. that is really out of my mind , i never be reward like that and also I never heard people on this thread get the huge as...
At Least someone gets my point
Let Price determine your future!
  • #129,636
  • Apr 15, 2009 7:24am Apr 15, 2009 7:24am
Quoting riggster
Well said ! ....
thanks buddy
  • #129,637
  • Apr 15, 2009 7:24am Apr 15, 2009 7:24am
Quoting nAVIN2007
the great thing about forex is no limit...dont limit yourself anything goes it possible to get 500-1500 pip moves with stop loss of 100 pips...its just all about developing yourself with time..

anyway i post this trades from 2 weeks back just to prove its possible especially if people know me from the beginning....i can do it ..any1 can

Another thing just because i have success here doesnt mean im a trader...i just got it right this time, next time i could lose everything without mm..

happy trading folks
Are you play a micro account??
Anyway is really good if you play with big money there and that will make you become a billionaire..
Never look for past.. always beyond the boundary
  • #129,638
  • Apr 15, 2009 7:29am Apr 15, 2009 7:29am
Quoting nAVIN2007
thanks buddy
Nav my friend

knew I could find you in here
Don't chase the market, Let the market come to you
  • #129,639
  • Apr 15, 2009 7:31am Apr 15, 2009 7:31am
Quoting hardaez
Are you play a micro account??
Anyway is really good if you play with big money there and that will make you become a billionaire..
actually im on a demo account, im treating, trading as a course to develop myself...investing in my future...6 months of this kind of trading i will go live and hopefully make a few bob .......its not easy maybe the hardest thing to conquer but hey what is

free your mind of limits is the point i was trying to make
  • #129,640
  • Apr 15, 2009 7:32am Apr 15, 2009 7:32am
Quoting Tmac
Nav my friend

knew I could find you in here
yo buddy good to see u..where u been?
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