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Cable Update (GBPUSD)

  • #134,221
  • May 26, 2009 7:11am May 26, 2009 7:11am
Quoting Red.Hawk
Long at 5841 exit at 5870...!!!!

cool but we still have up space when 1.5877 breaks
  • #134,222
  • May 26, 2009 7:22am May 26, 2009 7:22am
Long at 5882 again
  • #134,223
  • May 26, 2009 7:37am May 26, 2009 7:37am
Quoting Red.Hawk
Long at 5882 again
Where Ur SL ... you enter late
  • #134,224
  • May 26, 2009 7:45am May 26, 2009 7:45am
Quoting deboooo2005
Where Ur SL ... you enter late
Hi bro, Just wanted to know your up-to-date thoughts from here. What entry-exit are you thinking and your SL also. Jazaakallah.
You've got to be IN IT to WIN IT!
  • #134,225
  • May 26, 2009 7:50am May 26, 2009 7:50am
Quoting Ifty
Hi bro, Just wanted to know your up-to-date thoughts from here. What entry-exit are you thinking and your SL also. Jazaakallah.
Look cable going to test daily pivot @ 1.5892 if it broke it will continue up to test today high ... i see 1 hour chart is gaining power to go up ... about his position ... i dont know what his strategy in SL about me my SL was below 1.5750 ... but i change it to my BE @ 1.5820 ... so Nothing to lose ... better to wait for new 4 hour candle
  • #134,226
  • May 26, 2009 8:12am May 26, 2009 8:12am
As pointed earlier from my daily charts which indicated cable turning, the same scenario is also now visible from the lower tf chart (hourly).
Bearish signals are highlighted on the attached chart. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.JPG Size: 61 KB
Thank You
  • #134,227
  • May 26, 2009 8:19am May 26, 2009 8:19am
I am aiming 1.5726, but close at on a good time.
(dont follow me, its dangerous)
ABCD..
  • #134,228
  • May 26, 2009 8:45am May 26, 2009 8:45am
Price already fell to 1.5815 well below 1.5820.
Shouldn't someone's long SL have been triggered already?
Hear the music before the song is over ...
  • #134,229
  • May 26, 2009 8:52am May 26, 2009 8:52am
Quoting sreeprakash
I am aiming 1.5726, but close at on a good time.
(dont follow me, its dangerous)
Selling from 1.5868, SL 5907, TP 1.5777 38.2% fibo, 1.5726 50% fibo.
Dont take it as a signal.
ABCD..
  • #134,230
  • May 26, 2009 9:08am May 26, 2009 9:08am
u hit ur sl already sreeprakash? why u persisting on short? any particular reason?
  • #134,231
  • May 26, 2009 9:11am May 26, 2009 9:11am
guess today gu wants to go back to last high.. unaware of last up...
  • #134,232
  • May 26, 2009 9:12am May 26, 2009 9:12am
Quoting 4xHero
went long at 5845...sl 5725...t/p 6005 (or when My charts give me confirmation to close)
P.S. this is not a recomendation for any1 to enter...just posted what im doing....cuz the thread was getting too quiet.
closed 5910, strong resistance, 76% fibs
  • #134,233
  • May 26, 2009 9:13am May 26, 2009 9:13am
Quoting mloistianto
u hit ur sl already sreeprakash? why u persisting on short? any particular reason?
Ya, SL hit. got out...
No worries, other trades running in profit.
The pair outlook still remains bearish.. Lets see after some time...
ABCD..
  • #134,234
  • May 26, 2009 9:18am May 26, 2009 9:18am
i guess this is it.. this is the highest gu can get.. if it breaks last high, my opinion gu will rock to heaven or to sky at least, if it does not. then i dunno..
  • #134,235
  • May 26, 2009 9:19am May 26, 2009 9:19am
i had long at 5882 just got out at 5930...best of luck out there to all members
  • #134,236
  • May 26, 2009 9:22am May 26, 2009 9:22am
Quoting deboooo2005
cool but we still have up space when 1.5877 breaks
Yeah...debooo2005 i was a littlle late but its always good that you enter once you are sure...my SL was at 5810
  • #134,237
  • May 26, 2009 9:24am May 26, 2009 9:24am
Quoting mloistianto
i guess this is it.. this is the highest gu can get.. if it breaks last high, my opinion gu will rock to heaven or to sky at least, if it does not. then i dunno..
Ya, I feel same. If it break last high and make a candle in 4 hour, it will go more up, some 100 pips.
ABCD..
  • #134,238
  • May 26, 2009 9:26am May 26, 2009 9:26am
Quoting mloistianto
i guess this is it.. this is the highest gu can get.. if it breaks last high, my opinion gu will rock to heaven or to sky at least, if it does not. then i dunno..
5947 is last high that I could see?
So, if, and big IF.. it breaks to the high side, how much leeway (to allow for a false breakout) would you guys give?
Go with stop buy at 5955ish - to get rid of round number syndrome or higher?
Hmmm..
IMHO If it does break, it could really blast away..
  • #134,239
  • May 26, 2009 9:34am May 26, 2009 9:34am
actually i dont suggest u to buy stop at 1.5955.. when ure good, ure good to go.. no emotion involve. its better then trying to catch from the start but lose every bit of it.. just my experience..
  • #134,240
  • May 26, 2009 9:34am May 26, 2009 9:34am
for me its a no trade zone now...what you guys think? I am waiting for the break off of 5950 region,then we could see the cable to atleast 6050 and then to 6140 for me...its just what my system is suggeting...share our knowledge
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