let me long for little calp here @ 6340 sl 6325 tp 6370-90.
Cable Update (GBPUSD)
- #139,082
- Jun 22, 2009 9:12am Jun 22, 2009 9:12am
- Joined Jan 2008 | Status: Focussed | 2,382 Posts
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
Hero Traders Live to see their Accounts Die!
- #139,083
- Jun 22, 2009 9:12am Jun 22, 2009 9:12am
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.
now i need to sleep
, i already add SL on my floating orderhappy green pips
- #139,084
- Jun 22, 2009 9:15am Jun 22, 2009 9:15am
- Joined Dec 2008 | Status: Conservative | 2,112 Posts
mate..i observed ur call and 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...
I also said that i would be unable to post detailed charts since im on my laptop and i dont have my other MT4 charts here .. just plain ones with pivots
I posted my end of week anaylsis and posted a link to it in here .. its in journals under "jack C's trade plans and analysis"
Im finding out more about myself as a trader and that is that i am more of a short term swing trader/day trader and if i post something saying i just made 20 pips, everyone does it .. in this case, i may not have time to post a chart and help others into the trade .. sometimes im out before i could post anything anyway
I earned those vouchers from people that I learned from. I am refined what i learned from them into what suits me best.
With regard to wormboy .. he's a good trader .. more of a long term guy .. nothing wrong and he and I are keen on seeing GU at 5300 again .. his overall bias is short, so is mine .. its an opinion .. but my bias changes often since i like more of the fast action long short, long short .. and never strictly holding one direction
i learned alot frim him and sofia 101 back when i first started posting here
so i apologize for saying long here short there when my overall bias is short .. but thats me .. if this were audio chat where i could share my somputer screen and do live analysis, im sure you would enjoy trading with me very much .
and no offence taken
- #139,085
- Jun 22, 2009 9:16am Jun 22, 2009 9:16am
- Joined Dec 2008 | Status: Conservative | 2,112 Posts
- #139,086
- Jun 22, 2009 9:17am Jun 22, 2009 9:17am
- Joined Jul 2008 | Status: Forex4Ever | 2,190 Posts
let me long for little calp here @ 6340 sl 6325 tp 6370-90.
. I know it could hit my BE but I hat risk ^^.4h chart showed good scalp.
- #139,087
- Jun 22, 2009 9:18am Jun 22, 2009 9:18am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Thanks Grashid! I went long at 1.6329, was stopped out with 5 pips profit. Am out and closing off for now. Thanks again!
- #139,088
- Jun 22, 2009 9:19am Jun 22, 2009 9:19am
- Joined Dec 2008 | Status: Conservative | 2,112 Posts
moved to BE
nice move .. based on the daily range GU is putting up these days ,, she may pullback again and then we'll see another sell off
Trendline resistance at 6300 plus psych level .. expect buyers unless it breaks!
- #139,091
- Jun 22, 2009 9:27am Jun 22, 2009 9:27am
You're with me bro, i still have 2 floating order while the other one already hit SL and made profit 150 pip
now i need to sleep
happy green pips
I think its worthwhile holding shorts that were taken above 1.65 given the severity of the drop in equities. Consolidation is possible around 1.63 before the next leg lower, but 1.622 will be tested and possible broken.
- #139,092
- Jun 22, 2009 9:32am Jun 22, 2009 9:32am
- | Joined Jun 2007 | Status: Still Learning :) | 1,203 Posts
- #139,096
- Jun 22, 2009 9:36am Jun 22, 2009 9:36am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
I posted last night that i shorted from 6505 because the whole world was thinking long .. I had a big hunch that since we clsed out last week so high up near resistance, and in the absence of news today, we might fall and it would turn into a technical day
I also said that i would be unable to post detailed charts since im on my laptop and i dont have my other MT4 charts here .. just plain ones with pivots
I posted my end of week anaylsis and posted a link to it in here .. its in journals under "jack C's trade plans and analysis"
Im finding...
Anyway..my suggestion for you to make a great call is just post ur swing overall Daily/H1/H4 and update with H1/M30/M15 for scalp and latest PA..so that some newbies will try to understand our call....and not confuse on that...
Reducing the number of post will give us more room in where and how the PA is look like and show our stability and consistency in analysis..this is not a signal service..this is the place where we should learn and know each other...
Am sure most people here will use some of 'good call' for their entry without knowing why and where. From that they wont able to improve themself and forever will depend will people call instead of keep learning to know how and why...this is my main point actually...
Anyway good analysis from you..keep it up and Take care mate
- #139,097
- Jun 22, 2009 9:38am Jun 22, 2009 9:38am
- | Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
- #139,098
- Edited 10:42am Jun 22, 2009 10:05am | Edited 10:42am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
I only trade XAU/USD. Based on USD news & Fib SR & BB20