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Cable Update (GBPUSD)

  • #136,781
  • Jun 11, 2009 9:07am Jun 11, 2009 9:07am
sweet wicks on 15m!!
  • #136,782
  • Jun 11, 2009 9:18am Jun 11, 2009 9:18am
Quoting welshguy2000
Long after that 1H & 4H closes:

Entry: 1.6445
TP: 1.6638
SL: 1.6210

I will be posting a video of this trade tomorrow, please subscribe to my youtube channel to receive daily updates.

Cheers WG
Just closed this trade from the way the 5M chart.

Closed @ 1.6550 (+ 108 pips)

I will be uploading a video review to this trade tomorrow, to receive updates please subscribe to the youtube channel.

Cheers WG
  • #136,783
  • Jun 11, 2009 10:08am Jun 11, 2009 10:08am
Quoting welshguy2000
Just closed this trade from the way the 5M chart.

Closed @ 1.6550 (+ 108 pips)

I will be uploading a video review to this trade tomorrow, to receive updates please subscribe to the youtube channel.

Cheers WG
nice trade any idea from where we can sit for short safely??

Ub
  • #136,784
  • Jun 11, 2009 10:17am Jun 11, 2009 10:17am
Quoting forexlion
only 6658 will be the best place to short for 500 to 800 odd pips down
  • #136,785
  • Jun 11, 2009 10:23am Jun 11, 2009 10:23am
Quoting forexlion
What SL would you recommend?
You've got to be IN IT to WIN IT!
  • #136,786
  • Jun 11, 2009 10:25am Jun 11, 2009 10:25am
Quoting Ifty
What SL would you recommend?
its a yearly fibonacci level, so you decide according to your risk appetite.

but i will not short unless 4 hour says so
  • #136,787
  • Jun 11, 2009 10:28am Jun 11, 2009 10:28am
Quoting GlobalMacro
After breaking above the first bullish objective of 1.6512 the perspective of the 2nd price objective ca. 1.6600 is now in sight by continued undiminished strength.


I was with you till mid 65 - didn't think 66 was on.

Well done - till later
  • #136,788
  • Jun 11, 2009 10:30am Jun 11, 2009 10:30am
Quoting forexlion
pending order set at 6650 with SL 6700 is it ok guys please advice


Ub
  • #136,789
  • Jun 11, 2009 10:30am Jun 11, 2009 10:30am
Hi, this is my first post, i have been trading cable for 3 months using candle sticks with trend signal? does any here use that? i have been getting short signals from 6425, 6485, 6560, however the trend is up with higher highs and higher lows, i am going to wait till it gets to 6650-6660 before droping a short, may push to 6700 so i will put an order for a sell at 6700 as well.
to all who have been long till now, good analysis and trading.
  • #136,790
  • Jun 11, 2009 10:30am Jun 11, 2009 10:30am
Quoting GlobalMacro
After breaking above the first bullish objective of 1.6512 the perspective of the 2nd price objective ca. 1.6600 is now in sight by continued undiminished strength.
And the second one is done as well.
Attached Image
Hear the music before the song is over ...
  • #136,791
  • Jun 11, 2009 10:33am Jun 11, 2009 10:33am
In a Short Time around 01 GMT +7
Welcome 1.6725
at least for this the week Top end my MA 100 at 1.68xx
and I use Band 9 For it Guys
This my daily update
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd juneupdate11.gif Size: 68 KB
  • #136,792
  • Jun 11, 2009 10:35am Jun 11, 2009 10:35am
Quoting deryworlds
In a Short Time around 01 GMT +7
Welcome 1.6725

I use Bollinger 9 For it Guys
you mean this time it will breach 6660 and will cross 6700???


Ub
  • #136,793
  • Jun 11, 2009 10:42am Jun 11, 2009 10:42am
Quoting forexlion
its a yearly fibonacci level, so you decide according to your risk appetite.

but i will not short unless 4 hour says so
yearly fib is the DON of all fibonacci levels

and this move has come despite this data, whch is strong dollar news

which translates into the fact that BIG DOGS are giving a bait, before the
BIG CRASH.

So trade carefully and wisely
Attached Image (click to enlarge)
Click to Enlarge Name: software.jpg Size: 9 KB
  • #136,794
  • Jun 11, 2009 10:43am Jun 11, 2009 10:43am
Quoting GlobalMacro
And the second one is done as well.
Hats off to your earlier calls GM. Sound trading
Thank You
  • #136,795
  • Jun 11, 2009 10:45am Jun 11, 2009 10:45am
are we still going up?
  • #136,796
  • Jun 11, 2009 10:45am Jun 11, 2009 10:45am
those hammers and spinning tops on 15min can be deceiving!!
  • #136,797
  • Jun 11, 2009 10:46am Jun 11, 2009 10:46am
Quoting ubaidahsan
you mean this time it will breach 6660 and will cross 6700???


Ub
35% in this time my probabilities answer is YEs and it will after 01 GMT +7 as the last Fast Movement until 01.45 GMT+7 for to day
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd juneupdate11.gif Size: 76 KB
  • #136,798
  • Jun 11, 2009 10:48am Jun 11, 2009 10:48am
Quoting wormboy
Hats off to your earlier calls GM. Sound trading
hey bro from where we can sit for short safely???

Ub
  • #136,799
  • Jun 11, 2009 10:52am Jun 11, 2009 10:52am
looks like still plenty momentum on 4h, 1h, and 15min?
  • #136,800
  • Jun 11, 2009 10:55am Jun 11, 2009 10:55am
Quoting wormboy
Hats off to your earlier calls GM. Sound trading
Thanks wormboy.

No, no...I don't make any calls, am only making my observations and analysis known...and always respectful of the mighty Mother Market and learning all the time...
Hear the music before the song is over ...
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