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Cable Update (GBPUSD)

YES MARKET MAKES U FOOL
ANYONE FOR LONG ?
Long for 1.6364 t/p 20-30 pips
Quoting Faryad
Long for 1.6364 t/p 20-30 pips
S/L?
Quoting ipips
s/l?
i didnt put s/l in mini trades
Quoting Faryad
Long for 1.6364 t/p 20-30 pips
Did not take long once 1.6361 was broken...I am waiting for 1.6324 or so
Hero Traders Live to see their Accounts Die!
Quoting simoneg
did not take long once 1.6361 was broken...i am waiting for 1.6324 or so
well my friend
may be i am wrong but what i think i do
Quoting wormboy
Hey buddy. Trading's okay.
I'm still holding my euro short. No trade on cable yet for me, still waiting for a breakout. I'm just spending my time here today trying to mess with everyone's head
But you only give sound advice . Can you see that on the daily, the lower tl is very close to be broken? Same on the 4h. Do you read much into that?
Quoting grashid
1.6350 will be my first target
1.6300 will be my second target

Then will think og long between 1.6240-1.6270 area...

and 1.61 seem on his way to touch my LTL this week...

Good luck all
first TP completed and let see last entry for 2nd TP for GU and GY...
Completed my weekly target..and let see how trailing stop is working..

Good luck to all
Attached Image
long @ 6340 tp 30 pips..

Ub
Quoting Faryad
well my friend
may be i am wrong but what i think i do
No probs with that at all...that we must do. Was just responding to your question of whether anyone was long.
Hero Traders Live to see their Accounts Die!
Quoting redland
if break 1.6400, we will see 1.6350, next 1.6290
1.6350 touched. Next TP is on the way... must take xtra carefull
Quoting redland
1.6350 touched. Next TP is on the way... must take xtra carefull
Agreed!
Hero Traders Live to see their Accounts Die!
Quoting Ipips
What's up with these mad swings in the cable? Are we fooled by randomness?
I depend on it both with shares and forex


At a time of wild swings, I go opposite to any big moves and it usually pays off

Been doing it quite a while now
the bounce from 6370 was a 50% .. the run down from 6440 was another 50% fib!

i said yesterday in the absence of news today it would be a very technical day!

=)
  • #139,076
  • Quote
  • Edited 12:08pm Jun 22, 2009 12:00pm | Edited 12:08pm
Quoting simoneg
Agreed!
my kind advice is..becarefull to add any short at this area...almost S2 area which selling vol keep reducing...will be good to let it be..unless M5 scalp u decide...Trade safe and make sure trade in what ur chart say...

But am monitor some future and it dropping like hell....no news will be smooth as what we see today...Good luck mate
Test support level on DP Day -1 & -4 (1.6315-1.6335) ! Pending buy order 1.6315, SL 1.6300 !
Attached Image (click to enlarge)
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I only trade XAU/USD. Based on USD news & Fib SR & BB20
Quoting jack.canadia
the bounce from 6370 was a 50% .. the run down from 6440 was another 50% fib!

i said yesterday in the absence of news today it would be a very technical day!

=)
mate..i observed ur call since a couple of week...call here and there with keep changing...it become obvious when wormboy comes...could you pls post once u sure in what ur chart say..so that newbiew will know why they short and why they long....really in consistent view from you...am doubt why you have so much vouch there....

p/s: Just my opinion and no personal attack ok..keep it positive...
Quoting Ferick
Nice Drop! Up 175 pips since Friday. Next up 1.6220.

Now +210 Floating Pips and counting. Looks we will break 1.63 before day is out. I think 1.6220 will be tested withing 24 hours. If it breaks I will hold my short until 1.5810. Otherwise I will cash out at 1.6220. With Equities falling 2-3% I expect the downtrend to continue.
Quoting jack.canadia
the bounce from 6370 was a 50% .. the run down from 6440 was another 50% fib!

i said yesterday in the absence of news today it would be a very technical day!

=)
You're right bro , technical was great today. got so many green pips today..now time to sleep. and let the green pips colorize history of all member here
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