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Cable Update (GBPUSD)

  • #137,301
  • Jun 15, 2009 7:57pm Jun 15, 2009 7:57pm
Quoting jack.canadia
I would like to see 5800 and below to be honest.

Jack, what do you think about adding to the position if the retest at 240 holds?
  • #137,302
  • Jun 15, 2009 8:00pm Jun 15, 2009 8:00pm
Quoting jack.canadia
Nice trade! I just took a nap and woke up smiling hahah
yeah, very nice trade!!
  • #137,303
  • Jun 15, 2009 8:05pm Jun 15, 2009 8:05pm
theres life for my account yet! lol
  • #137,304
  • Jun 15, 2009 8:05pm Jun 15, 2009 8:05pm
Quoting alex1976
So then it looks like 5800 is a strong possibillity!
as per my pink line...otherwise she will mess u @ 1.5950 area or 1.61
  • #137,305
  • Jun 15, 2009 8:09pm Jun 15, 2009 8:09pm
For anyone who trades by DP strategy. I hold short 1.6417. TP 1.6000 (DP Day -5). Move SL to 1.6340.
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I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #137,306
  • Jun 15, 2009 8:12pm Jun 15, 2009 8:12pm
Quoting manize
For anyone who trades by DP strategy. I hold short 1.6417. TP 1.6000 (DP Day -5). Move SL to 1.6340.
almost same target with mine..but watch out @ 1.61 area as they may have some bull trap there..i think..
  • #137,307
  • Jun 15, 2009 8:22pm Jun 15, 2009 8:22pm
macd is down on day, 4h, 1h, and 15min!
  • #137,308
  • Jun 15, 2009 8:26pm Jun 15, 2009 8:26pm
down tren from now... but it hard support it's around 6073... before go down 5800....
  • #137,309
  • Jun 15, 2009 8:28pm Jun 15, 2009 8:28pm
yeah that sounds pretty good!
  • #137,310
  • Jun 15, 2009 8:31pm Jun 15, 2009 8:31pm
Sitting on daily pivot on one hour and sitting on the 50fibo, T 1.6218 if it hold good opportunity to go long again 4hour is holding on support also, my biais is more to the upside from now on to retest the high since the tren of the gbp was quite strong AND IT didnt follow as much of all the other european pair to the downside.
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  • #137,311
  • Jun 15, 2009 8:31pm Jun 15, 2009 8:31pm
hangman on 15min maybe?
  • #137,312
  • Jun 15, 2009 8:44pm Jun 15, 2009 8:44pm
Quoting alex1976
Jack, what do you think about adding to the position if the retest at 240 holds?
It could be a great place to add in my opinion.. Im not though since I have enough on this trade already.
  • #137,313
  • Jun 15, 2009 8:47pm Jun 15, 2009 8:47pm
Quoting jack.canadia
It could be a great place to add in my opinion.. Im not though since I have enough on this trade already.
So you think it will continue down?
  • #137,314
  • Jun 15, 2009 8:57pm Jun 15, 2009 8:57pm
The trend is your friend people !

This has pivoted on support and next leg up coming ..
  • #137,315
  • Jun 15, 2009 8:57pm Jun 15, 2009 8:57pm
whats up with the volatility?
  • #137,316
  • Jun 15, 2009 9:06pm Jun 15, 2009 9:06pm
at 10pm with a bounce like that an ungulfing candle on one hour hmmm. the 50% fibo migth be the rigth entry for long.. for sure not often that we see so much volatility at this time of the day. my bias still for the upside acording to the trend of the 4hre and daily.
  • #137,317
  • Jun 15, 2009 9:16pm Jun 15, 2009 9:16pm
Quoting alex1976
I think there is too much momentum down at the moment to go long!
Still holding to my long, +52 pips. Should I close that now?
Great Bodies are Engineered not Born
  • #137,318
  • Jun 15, 2009 9:19pm Jun 15, 2009 9:19pm
i guess thats why they call you richlady!!
  • #137,319
  • Jun 15, 2009 9:21pm Jun 15, 2009 9:21pm
Yesterday we got news that suppose to be bad for US economy and yet dollar gained strength. What can we learn from that?
Great Bodies are Engineered not Born
  • #137,320
  • Jun 15, 2009 9:22pm Jun 15, 2009 9:22pm
Good Morning Guys....
Never Stop Learning...
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