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Cable Update (GBPUSD)

  • #130,941
  • May 4, 2009 2:38am May 4, 2009 2:38am
Quoting sreeprakash
Bull_B, and what is the value of blue trend line?
Where i see shorting opportunities
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,942
  • May 4, 2009 2:41am May 4, 2009 2:41am
thanks bull, me too looking there..
ABCD..
  • #130,943
  • May 4, 2009 2:44am May 4, 2009 2:44am
Quoting sreeprakash
thanks bull, me too looking there..
Use tight stops above trend line... to protect from the breakout.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,944
  • May 4, 2009 2:48am May 4, 2009 2:48am
I belive gbpusd will test 1.4885. Then go up to the trendline. Then go down big.
ABCD..
  • #130,945
  • May 4, 2009 2:55am May 4, 2009 2:55am
Quoting derek
wave analysis
We have the same idea Derek......
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,946
  • May 4, 2009 2:56am May 4, 2009 2:56am
i think it needs to bounce of 4850 and then it can slowly climb to 5060 or higher
  • #130,947
  • May 4, 2009 2:58am May 4, 2009 2:58am
Quoting yanzsukechi
i need some help/suggestions, i have sell orders............
Man, where is your start prices?
I suggest close those on start price and play with wait and see thing...
ABCD..
  • #130,948
  • May 4, 2009 2:59am May 4, 2009 2:59am
Quoting Endrju
i think it needs to bounce of 4850 and then it can slowly climb to 5060 or higher


Then I need to move my buy limit to 4850 something from 4900.
ABCD..
  • #130,949
  • May 4, 2009 3:05am May 4, 2009 3:05am
Quoting ammal07
firstly it should test prev high 1.5065, if this level can be achieved, should be no problem to go next prev high 1.5370, than only start to go down,cause the weekly top trend line is somewhere there.
Should be GBPUSD retrace to 1.4910/xx, it's base on my subwave 4 to subwave 5 (5).

What do you think.
  • #130,950
  • May 4, 2009 3:26am May 4, 2009 3:26am
Thanks God its going down, weeee at what price will it stop its downtrend?
  • #130,951
  • May 4, 2009 3:30am May 4, 2009 3:30am
Quoting yanzsukechi
Thanks God its going down, weeee at what price will it stop its downtrend?
Hi, youve been lucky this time my friend, i suggest you look at exiting your trades soon... what were your entrys?

Then you need to study money management and how you run your account.

You dont want to be in this possition again
  • #130,952
  • May 4, 2009 3:45am May 4, 2009 3:45am
Yes riggs you are absolutely right,

by the way, is the news this coming 10:30pm can affect the downtrend? or it will just give the graph enough power to go down, ^^, i really do not have any idea about how to read the news..
  • #130,953
  • May 4, 2009 3:48am May 4, 2009 3:48am
Quoting mj_xr
Should be GBPUSD retrace to 1.4910/xx, it's base on my subwave 4 to subwave 5 (5).

What do you think.
already retrace to 1.4891, i hope it only minor retracement, just to make HL on tf m30
newbies yang minat nak belajar forex, sila ym saya, ym: ammal007
  • #130,954
  • May 4, 2009 3:51am May 4, 2009 3:51am
@Riggs

my entries are kinda newbie, its my first time to do manual trades,
1.4785 = .2 lot
1.4828 = .2 lot
1.4912 = .1 lot
1.4880 = .2 lot
1.4931 = .2 lot
  • #130,955
  • May 4, 2009 3:51am May 4, 2009 3:51am
m on sell....
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 17 KB
  • #130,956
  • May 4, 2009 3:59am May 4, 2009 3:59am
Quoting yanzsukechi
@Riggs

my entries are kinda newbie, its my first time to do manual trades,
1.4785 = .2 lot
1.4828 = .2 lot
1.4912 = .1 lot
1.4880 = .2 lot
1.4931 = .2 lot
So..You keep selling as the price moves more against you??

Very dangerous!
  • #130,957
  • May 4, 2009 3:59am May 4, 2009 3:59am
Quoting yanzsukechi
@Riggs

my entries are kinda newbie, its my first time to do manual trades,
1.4785 = .2 lot
1.4828 = .2 lot
1.4912 = .1 lot
1.4880 = .2 lot
1.4931 = .2 lot

Wowww, I see you're killing your account!!! how much is your deposit?! I strongly recommend using money managemanet and don't add to loss positions!!
In this market you should control your GREED and FEAR, it's the most important rule...

good luck dude
  • #130,958
  • May 4, 2009 4:03am May 4, 2009 4:03am
@riggs

yes you are right, i thought this move will be great and will let me earn more profit -_-


riggs, can i add you to my yahoo? please, addd me [email protected]

please, thanks,

what point should i close them?
  • #130,959
  • May 4, 2009 4:04am May 4, 2009 4:04am
Quoting riggster
So..You keep selling as the price moves more against you??

Very dangerous!
its too dangerous better option was that if you went for sell over 48 and 49 so it was better but you are really killing your account it can harm very much..but best of luck and hopeful you will out fro all sells in profit

Ub
  • #130,960
  • May 4, 2009 4:07am May 4, 2009 4:07am
Quoting yanzsukechi
@riggs

yes you are right, i thought this move will be great and will let me earn more profit -_-


riggs, can i add you to my yahoo? please, addd me [email protected]

please, thanks,

what point should i close them?
It is now up to you when you close i cannot advise.

Sorry dont do yahoo and stuff

Good luck
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