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Cable Update (GBPUSD)

  • #139,501
  • Jun 23, 2009 9:42pm Jun 23, 2009 9:42pm
Quoting 5abi
I agree, but the downside will not be much. As I pointed before in my post 6408 is where to load some longs.
I prefer longs at 6370 .. daily pivot and old resistance support
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  • #139,502
  • Jun 23, 2009 9:47pm Jun 23, 2009 9:47pm
Quoting jack.canadia
I prefer longs at 6370 .. daily pivot and old resistance support
my pending at 6380 SL 6300 and TP is 6550 is it ok??and sell order at 6550 and SL 6600 and tp open what do you suggest about it jack??

Ub
  • #139,503
  • Jun 23, 2009 10:11pm Jun 23, 2009 10:11pm
Quoting malcolmb14
well gu and gj played into hands , you all had three chances to get on gu train with me.

posted gj trade in vsa forum that I am in

what a nice start to asia

I rarely posts unless I am fairly sure of trades . i try to post as they happen not after and i try to give reason for the trades.

Attachment

Attachment

asia has been dreamy with both gu and gj in 50 pip ranges ...150 pip on each in a very simple range trade. I am only buying dips lol .. .to chicken to take the sells.


Attached Image (click to enlarge)
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Blogging daily now at www.volume.zone
  • #139,504
  • Jun 23, 2009 10:13pm Jun 23, 2009 10:13pm
Quoting ubaidahsan
my pending at 6380 SL 6300 and TP is 6550 is it ok??and sell order at 6550 and SL 6600 and tp open what do you suggest about it jack??

Ub

remove the sell order .... you maybe giving away 50 pips.

If this pops it may upthrust into 1.6000 . Better to miss the trade than give away 50 pips
Blogging daily now at www.volume.zone
  • #139,505
  • Jun 23, 2009 10:19pm Jun 23, 2009 10:19pm
Quoting malcolmb14
asia has been dreamy with both gu and gj in 50 pip ranges ...150 pip on each in a very simple range trade. I am only buying dips lol .. .to chicken to take the sells.


Attachment
Still holding to the longs in GU n GJ. Ok, TP 150 PIPS.
Great Bodies are Engineered not Born
  • #139,506
  • Jun 23, 2009 10:22pm Jun 23, 2009 10:22pm
I just took a short at 460, was that a dumb move?
  • #139,507
  • Jun 23, 2009 10:27pm Jun 23, 2009 10:27pm
Quoting alex1976
I just took a short at 460, was that a dumb move?
what are your reasons for shorting? got a chart?
skype: ststroud. let's talk trading.
  • #139,508
  • Jun 23, 2009 10:32pm Jun 23, 2009 10:32pm
Quoting tyler812
what are your reasons for shorting? got a chart?

My only reason being it possibly repsecting the resistance in the current channel, but as Malcomb said earlier, its not good to swim up river.

I know the trend is still up and i probably should have waited for another long opportunity!
  • #139,509
  • Jun 23, 2009 10:32pm Jun 23, 2009 10:32pm
a break here 6475 will be nice lolz. .
my E/J from 3150 now is good..

Good Luck.


Angelina.
  • #139,510
  • Jun 23, 2009 10:37pm Jun 23, 2009 10:37pm
Quoting Angelina
a break here 6475 will be nice lolz. .
my E/J from 3150 now is good..

Good Luck.


Angelina.
where she fly to angelina ? 6600 / 6800 ?
  • #139,511
  • Jun 23, 2009 10:42pm Jun 23, 2009 10:42pm
I would prefer to wait until London open and see how she react then decide in ur H1/H4 chart...Good luck all
  • #139,512
  • Jun 23, 2009 10:46pm Jun 23, 2009 10:46pm
Quoting iqyusan
where she fly to angelina ? 6600 / 6800 ?
first target I think 6550, next dont know yet . But she needs to break 6475 first. Look likes strong resistance here ^^.

I'll wait for deep and buy.

Good Luck
Angelina.
  • #139,513
  • Edited 11:05pm Jun 23, 2009 10:53pm | Edited 11:05pm
Quoting alex1976
I just took a short at 460, was that a dumb move?
I shorted Cad/Usd...

http://countingpips.com/Pages/Articl...dingPart3.html

oops meant this one...
http://fxtradeinfocenter.oanda.com/c...elations.shtml
  • #139,514
  • Jun 23, 2009 10:55pm Jun 23, 2009 10:55pm
Quoting LuckyRoost
Quote
Quote:
Originally Posted by alex1976 http://www.forexfactory.com/images/buttons/viewpost.gif
I just took a short at 460, was that a dumb move?
I shorted Cad/Usd...

http://countingpips.com/Pages/Articl...dingPart3.html
I'm bearish on the pair, just waiting for price action to confirm a good bounce off of those daily and weekly highs before entering a trade.
skype: ststroud. let's talk trading.
  • #139,515
  • Jun 23, 2009 10:56pm Jun 23, 2009 10:56pm
Be patient and wait for the pullback. I think it will pullback under 6400 before it continue. 2 hourly rejections at 6473. Lets see if the 3rd one holds.
Attached Image (click to enlarge)
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  • #139,516
  • Jun 23, 2009 11:04pm Jun 23, 2009 11:04pm
dear friends,

i m a newbie

can someone tell me what is B/E

in my simple m5, seems like gbpusd is entering a triangle. comments pls.

thanks.

francis
  • #139,517
  • Jun 23, 2009 11:06pm Jun 23, 2009 11:06pm
Quoting francish
dear friends,

i m a newbie

can someone tell me what is B/E

in my simple m5, seems like gbpusd is entering a triangle. comments pls.

thanks.

francis
B/E = break even
skype: ststroud. let's talk trading.
  • #139,518
  • Jun 23, 2009 11:08pm Jun 23, 2009 11:08pm
Quoting tyler812
B/E = break even

thanks Tyler.

been reading all these thread. sometimes give me headache. lol. pls bear with me. thanks again.
  • #139,519
  • Jun 23, 2009 11:12pm Jun 23, 2009 11:12pm
Quoting francish
dear friends,

i m a newbie

can someone tell me what is B/E

in my simple m5, seems like gbpusd is entering a triangle. comments pls.

thanks.

francis
  • #139,520
  • Jun 23, 2009 11:24pm Jun 23, 2009 11:24pm
Quoting francish
thanks Tyler.

been reading all these thread. sometimes give me headache. lol. pls bear with me. thanks again.
No problem. Just stick with it, and good luck!
skype: ststroud. let's talk trading.
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