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Cable Update (GBPUSD)

  • #130,961
  • May 4, 2009 2:16am May 4, 2009 2:16am
Quoting ammal07
already retrace to 1.4891, i hope it only minor retracement, just to make HL on tf m30
has touched 4h support line, it can be turn back up, or continue down...
newbies yang minat nak belajar forex, sila ym saya, ym: ammal007
  • #130,962
  • May 4, 2009 2:20am May 4, 2009 2:20am
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

1.4875 is an important area above it it will go up ... below it it will go down ... just advice
  • #130,963
  • May 4, 2009 2:21am May 4, 2009 2:21am
just back home
and happy to see bear is coming...i've got all my floating clear...(its been arround 2 days floating).

i think its going up now..
but thats just my opinion
- Always pray on your trading - God know the best for everyone
  • #130,964
  • May 4, 2009 2:29am May 4, 2009 2:29am
Quoting deboooo2005
1.4875 is an important area above it it will go up ... below it it will go down ... just advice
why 4875 is exactly important area, can't figure out your idea of looking at chart??
  • #130,965
  • May 4, 2009 2:33am May 4, 2009 2:33am
Quoting Endrju
why 4875 is exactly important area, can't figure out your idea of looking at chart??
Pivot Area
  • #130,966
  • May 4, 2009 2:47am May 4, 2009 2:47am
i am confuse in bear or bulll......
  • #130,967
  • May 4, 2009 2:50am May 4, 2009 2:50am
madness in GB
i guess it will be bull
- Always pray on your trading - God know the best for everyone
  • #130,968
  • May 4, 2009 2:55am May 4, 2009 2:55am
na i think its bearish and go down to 1.4706 something
  • #130,969
  • May 4, 2009 3:19am May 4, 2009 3:19am
4700 looks like a good spot to bounce to continue the up move you are right Rich........
  • #130,970
  • May 4, 2009 3:22am May 4, 2009 3:22am
for right now lets see if we get the small retrace to 4919-20's before the continued move down.....
  • #130,971
  • May 4, 2009 3:37am May 4, 2009 3:37am
there is small support at 1.4865 area, i think it will bounce back up..
newbies yang minat nak belajar forex, sila ym saya, ym: ammal007
  • #130,972
  • May 4, 2009 3:47am May 4, 2009 3:47am
Quoting ammal07
has touched 4h support line, it can be turn back up, or continue down...
It should go up, maybe because today GBP is holiday and bank closed, so gbp weak. Maybe tonite or tomorrow??
  • #130,973
  • May 4, 2009 3:54am May 4, 2009 3:54am
Sold from 1.4940 (close to top of trend line).... looking for 1.4850 support to be broken TP 1.4710.
Attached Image (click to enlarge)
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,974
  • May 4, 2009 3:59am May 4, 2009 3:59am
Closed my long @

Entry : 1.4751
Exit: 1.4953

+202 pips

I now see the GBP in a period of consolidation / waiting until the daily 8EMA catches price action up. We should see a re-test of the major 1.5053 level before any moves lower.

Please see my videos for more information.
  • #130,975
  • May 4, 2009 4:00am May 4, 2009 4:00am
Quoting Bull_Bear
Sold from 1.4940 (close to top of trend line).... looking for 1.4850 support to be broken TP 1.4710.
woww bro in same trade we are i am also short from 4930 and tp is 4800 let see what happen...


Ub
  • #130,976
  • May 4, 2009 4:02am May 4, 2009 4:02am
Quoting mj_xr
It should go up, maybe because today GBP is holiday and bank closed, so gbp weak. Maybe tonite or tomorrow??
if gbp weak isn't gbp/usd going down then?????
  • #130,977
  • May 4, 2009 4:05am May 4, 2009 4:05am
Quoting welshguy2000
Closed my long @

Entry : 1.4751
Exit: 1.4953

+202 pips

I now see the GBP in a period of consolidation / waiting until the daily 8EMA catches price action up. We should see a re-test of the major 1.5053 level before any moves lower.

Please see my videos for more information.
good shot i am out frommy shorts and looking for short term long and then from there again short for long term

Ub
  • #130,978
  • May 4, 2009 4:08am May 4, 2009 4:08am
Quoting ubaidahsan
woww bro in same trade we are i am also short from 4930 and tp is 4800 let see what happen...


Ub
I posted it earlier @ the Europe open... catching it at the top of the trend line is good shit bro.... you'll hit your target tonight, hopefully mine will come tom. I'm also looking for and eventual break of 1.4700 strong support to break, that happens GBP can go further, move my SL to lock in slowly buddy
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,979
  • May 4, 2009 4:09am May 4, 2009 4:09am
i got 2 sell positions 14953 n 14958 so far lukin gud...
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.gif Size: 20 KB
  • #130,980
  • May 4, 2009 4:40am May 4, 2009 4:40am
Quoting ShanFX
i got 2 sell positions 14953 n 14958 so far lukin gud...
Certaintly is...............your 2 vs mine 1.5.... either way its green
Veni, Vidi, Vici (We came, we saw, we conquered)
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