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Cable Update (GBPUSD)

  • #130,521
  • Apr 24, 2009 9:27am Apr 24, 2009 9:27am
Shorted 1,476 before...
Well to be or not to be...
  • #130,522
  • Apr 24, 2009 9:29am Apr 24, 2009 9:29am
Quoting Bull_Bear
Maybe??? possible??? buy on dips would be my strategy, but thats me
I opened the long at 1.459 closed at 1.4725 missing the opp for 50 pips more. Anyway lets see if it retraces to 1.467 - next decision on what to do when that happens.
  • #130,523
  • Apr 24, 2009 9:31am Apr 24, 2009 9:31am
Shorted from 1.4760 every 50 pip move will move SL 20 towards the direction.......... waiting this to fall to 1.43 at least by the end on the month ........ good luck to all of you ............maybe I am wrong.............GBP/GPY short from 1.4355...............EU/GBP is the key to all ...........
BANDA333
  • #130,524
  • Apr 24, 2009 9:35am Apr 24, 2009 9:35am
long @ 4715 will ad if goes lower till 4680, target 4770
  • #130,525
  • Apr 24, 2009 9:54am Apr 24, 2009 9:54am
Quoting Bull_Bear
Geppyg, Jack offers constructive insights. Keep doing wot your doing man
Haha! I offered a plan for the Euro session and it worked for 40 pips on a short.

Aw well. Nice long though!
  • #130,526
  • Apr 24, 2009 10:01am Apr 24, 2009 10:01am
Quoting jack.canadia
Haha! I offered a plan for the Euro session and it worked for 40 pips on a short.

Aw well. Nice long though!
Cheers Jack... 1.4700 is R1 and the 38.2% of todays pullback...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,527
  • Apr 24, 2009 10:11am Apr 24, 2009 10:11am
until market closed at 4:00 , I dont think any big movement, let my long go till next week...
newbies yang minat nak belajar forex, sila ym saya, ym: ammal007
  • #130,528
  • Apr 24, 2009 10:34am Apr 24, 2009 10:34am
...
  • #130,529
  • Apr 24, 2009 10:39am Apr 24, 2009 10:39am
Possible my 1.4800 target on the long side is interrupted by 1.4780. Price action slow going.... closing shop @ 1.4720 + 105pips.

I'm done for the weekend.

Trade well guys
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,530
  • Apr 24, 2009 11:25am Apr 24, 2009 11:25am
just finishing my trade. have a lot of luck today.
happy weekend all
- Always pray on your trading - God know the best for everyone
  • #130,531
  • Apr 24, 2009 12:38pm Apr 24, 2009 12:38pm
Guys , what about long from 1.4670 SL 1.4650 TP 1.4800
  • #130,532
  • Apr 24, 2009 12:54pm Apr 24, 2009 12:54pm
Quoting MantaRedSea
Guys , what about long from 1.4670 SL 1.4650 TP 1.4800
its good i already long 2nd long position from 680 i set pending order and its hit...i m sure both will close in Profit 1 is already in profit but holding it till 4800 level

Ub
  • #130,533
  • Apr 24, 2009 1:09pm Apr 24, 2009 1:09pm
Quoting MantaRedSea
Guys , what about long from 1.4670 SL 1.4650 TP 1.4800
It retraced back to 1.4670 as I had predicted and I had said I would make a decision to go long or not. My decision is not to go long at this point unless with a tight SL and short TP. I reckon it will move a bit further down. I would go long a little further down.
  • #130,534
  • Apr 24, 2009 2:06pm Apr 24, 2009 2:06pm
G/U trading like e/u. G/U should go down a little as long as high on 4hr chart holds which is 1.4771. Next target down is at 1.4600. Solid break down next target will be in the 1.4500 range. Of course since trading is already over just about will look forward to next week.
  • #130,535
  • Apr 24, 2009 2:51pm Apr 24, 2009 2:51pm
until market closed at 4:00 , I dont think any big movement, let my long go till next week..

That good, u know where the trend now. Hope see u on monday. Have a nice holiday bro.
GELORE
  • #130,536
  • Apr 25, 2009 12:02pm Apr 25, 2009 12:02pm
Anyone thinking of buying the pound next week might like to read this first

http://www.telegraph.co.uk/comment/c...l-of-soup.html
  • #130,537
  • Apr 26, 2009 9:40am Apr 26, 2009 9:40am
Attached is GBp 4 H chart, I think it's cleared that we will go down and it's a matter of time, I think this next weel will have a low of almost 1.41XX and a close bellow 1.4350 area to open the way for 1.38XX as a next step.

That is my view
  • #130,538
  • Apr 26, 2009 9:46am Apr 26, 2009 9:46am
Sorry here is the chart
  • #130,539
  • Apr 26, 2009 4:58pm Apr 26, 2009 4:58pm
Back to the grunt......

Buy order @ 1.4633, SL 1.4580.... the 1.4633 level is the 38.2% and hoovering close the hourly uptrend...... if the hourly unptrend is taken out and the 1.4600 level is lost maybe situation re-access....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,540
  • Apr 26, 2009 5:36pm Apr 26, 2009 5:36pm
Quoting Bull_Bear
Back to the grunt......

Buy order @ 1.4633, SL 1.4580.... the 1.4633 level is the 38.2% and hoovering close the hourly uptrend...... if the hourly unptrend is taken out and the 1.4600 level is lost maybe situation re-access....
Already at it eh! I'll be on around 10:00 pm (0200 GMT) with my thoughts!

See you then.
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