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Cable Update (GBPUSD)

  • #138,041
  • Jun 18, 2009 4:42am Jun 18, 2009 4:42am
GbpUsd Dwon
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  • #138,042
  • Jun 18, 2009 4:49am Jun 18, 2009 4:49am
Quoting Bull_Bear
Hey Jack still holding your shorts, I have 2 position kicking to the downside.
@ 1.6320 and 1.6380.....SL is 1.6500......TP.....open.

I favor the short break.
Who's riding the gravy train?.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #138,043
  • Jun 18, 2009 4:50am Jun 18, 2009 4:50am
Quoting Mohammad
GbpUsd Dwon

Any particular reason why those levels?
  • #138,044
  • Jun 18, 2009 5:10am Jun 18, 2009 5:10am
Quoting maverick
Any particular reason why those levels?
GbpUsd Update
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  • #138,045
  • Jun 18, 2009 5:10am Jun 18, 2009 5:10am
Quoting Bull_Bear
Who's riding the gravy train?.....
Thank You
  • #138,046
  • Jun 18, 2009 5:14am Jun 18, 2009 5:14am
Quoting wormboy
Hey Wormie, me Homie..... We were on the same train since this morning.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #138,047
  • Jun 18, 2009 5:25am Jun 18, 2009 5:25am
Quoting Bull_Bear
Hey Wormie, me Homie..... We were on the same train since this morning.
Yes sir
One star & one hammer at opposite ends. More range before we drop methinks
Thank You
  • #138,048
  • Jun 18, 2009 5:35am Jun 18, 2009 5:35am
Quoting wormboy
Yes sir
One star & one hammer at opposite ends. More range before we drop methinks
I'm waiting for 1.6100 or 1.6150 for TP...... still contemplating
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #138,049
  • Jun 18, 2009 5:39am Jun 18, 2009 5:39am
Quoting wormboy
Yes sir
One star & one hammer at opposite ends. More range before we drop methinks
4H still bullish.Unfortunately 4h has close above .6266 .1H bearish confirmation.
Nasty support at .6235 . Also .6115 will be very hard to break .Is need some push from USD .At the moment I have Gartley bullish harmonic pattern 1H and 4H USD/CHF. So I expect some power from USD in hours to come (most likely US session).
  • #138,050
  • Jun 18, 2009 5:41am Jun 18, 2009 5:41am
Quoting malcolmb14
Sorry i do not post often in here forgot to add chart and resoning last post. i am on VSA and auslanos threads as I am gj trader

Here we have GU 60 min

OK who was buying on up move ? low volume .. what a shake out ...Designed to catch Geppy , but with courage and determination they held on .

Price stops right under the lower value area of yesterday = bearish on its own

we know have a bearish triangle / wedge or what ever that thing is called.

As long as we get lower highs on the high pivotsa that base of the triangle will be tested...

Geppy hope you held your sell . It missed that 6154 target by 30 pip or so , but at least should have got you out of of your shorts with a tidy profit
Blogging daily now at www.volume.zone
  • #138,051
  • Jun 18, 2009 5:50am Jun 18, 2009 5:50am
Quoting Bull_Bear
I'm waiting for 1.6100 or 1.6150 for TP...... still contemplating

I'm showing my next daily pivot support at 1.6114, so I get to choose between both trend lines and an indicated support line.....mmmm what to do. Any suggestions?
Avoiding poverty, one pip at a time.
  • #138,052
  • Jun 18, 2009 5:56am Jun 18, 2009 5:56am
Quoting Mohammad
GbpUsd Update
Thanks for the update.
  • #138,053
  • Jun 18, 2009 5:57am Jun 18, 2009 5:57am
Quoting northpeak
I'm showing my next daily pivot support at 1.6114, so I get to choose between both trend lines and an indicated support line.....mmmm what to do. Any suggestions?
Leaning more towards the 1.6100/20 level
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #138,054
  • Jun 18, 2009 5:59am Jun 18, 2009 5:59am
Quoting welshguy2000
I'm going to look to short around 1.6323 zone with a TP of around 1.5860 zone.
I've just uploaded the review to this trade:

Inserted Video


Please comment / rate / ask questions as it helps others learn

I am now short again as of 1.6420 with the same TP: 1.5860 zone

Cheers WG
  • #138,055
  • Jun 18, 2009 5:59am Jun 18, 2009 5:59am
Quoting wormboy
did you hack the indicator ?? i see Bull_Bear already [ joking ]
  • #138,056
  • Jun 18, 2009 6:00am Jun 18, 2009 6:00am
Quoting malcolmb14
Geppy hope you held your sell . It missed that 6154 target by 30 pip or so , but at least should have got you out of of your shorts with a tidy profit
Mate when all were calling the longs...i held on tight and boy did I make some pips..have not slept all night...but am fantastic the best profit I have ever made in forex...Till date....

Thanks a load Mr Genius
Let Price determine your future!
  • #138,057
  • Jun 18, 2009 6:02am Jun 18, 2009 6:02am
I guess I'm the only buyer today (missed the previous dip down ) ... RSX bullish divergence on the M30 and H1 1.6230- 1.6233-- last move down on low volume- bought the dip...
  • #138,058
  • Jun 18, 2009 6:13am Jun 18, 2009 6:13am
Quoting forexlion
did you hack the indicator ?? i see Bull_Bear already [ joking ]
Nothing is full prove in this FX environment my friend.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #138,059
  • Jun 18, 2009 6:16am Jun 18, 2009 6:16am
Quoting Geppyg
Mate when all were calling the longs...i held on tight and boy did I make some pips..have not slept all night...but am fantastic the best profit I have ever made in forex...Till date....

Thanks a load Mr Genius
Damn i wish i would have done that too

I`m thinking of doing it tonight... i only got the up moves....

I`m hoping on one today too.... we will see....

I just can`t see this drop like a boulder. I`m keeping it on manual SL, if i think it will drop more, i`ll just bail out.

So far it`s @ 6255 and i`m on + a little but i won`t put SL @ be yet....

Green pips!

EDIT: Just to be clear, i`m long @ 6245.
  • #138,060
  • Jun 18, 2009 6:27am Jun 18, 2009 6:27am
Quoting alexandru987
Damn i wish i would have done that too

I`m thinking of doing it tonight... i only got the up moves....

I`m hoping on one today too.... we will see....

I just can`t see this drop like a boulder. I`m keeping it on manual SL, if i think it will drop more, i`ll just bail out.

So far it`s @ 6255 and i`m on + a little but i won`t put SL @ be yet....

Green pips!

EDIT: Just to be clear, i`m long @ 6245.
Long @6254, currently -ve 9. Ready to change direction though.
Great Bodies are Engineered not Born
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