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Cable Update (GBPUSD)

  • #139,921
  • Jun 24, 2009 2:24pm Jun 24, 2009 2:24pm
i am scalping longs off that 6376 level , high vol pivot

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  • #139,922
  • Jun 24, 2009 2:26pm Jun 24, 2009 2:26pm
Quoting Angelina
If it breaks here I'll wait for 6245-70 long again
4 more pips hit my tp but down back my BE .
Testing 6385 again. I long again 6377.

Angelina.
move BE now and tp @ 6420.

goodluck


Angelina.
  • #139,923
  • Jun 24, 2009 2:34pm Jun 24, 2009 2:34pm
Both GU and EU gave buy at H1 swing high, maybe serious move up.
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  • #139,924
  • Jun 24, 2009 2:44pm Jun 24, 2009 2:44pm
possible if 1.6400 zone holds ( includes down to 1.6350)

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  • #139,925
  • Jun 24, 2009 2:47pm Jun 24, 2009 2:47pm
Quoting malcolmb14
possible if 1.6400 zone holds ( includes down to 1.6350)

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  • #139,926
  • Jun 24, 2009 2:50pm Jun 24, 2009 2:50pm
Quoting Angelina
If it breaks here I'll wait for 6245-70 long again
4 more pips hit my tp but down back my BE .
Testing 6385 again. I long again 6377.

Angelina.
got it .

Here it is, might be little short 6485, but let see.


Angelina.
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  • #139,927
  • Jun 24, 2009 3:02pm Jun 24, 2009 3:02pm
Quoting Angelina
got it .

Here it is, might be little short 6485, but let see.


Angelina.
Angel are u going short now? @ 6485 how far bearish will u say?
  • #139,928
  • Jun 24, 2009 3:07pm Jun 24, 2009 3:07pm
Quoting mjay
Angel are u going short now? @ 6485 how far bearish will u say?
no, I m not in short I 'll wait for low and buy, unless it go back up hit resistance 6480-90 I go short for small pips but depends on how it goes up slow move or fast move.... but I prefer wait for deep and buy follow the trend we at least get BE. The cutting rate just effects around 30 mins.

Goodluck.


Angelina.
  • #139,929
  • Jun 24, 2009 3:10pm Jun 24, 2009 3:10pm
Quoting Angelina
no, I m not in short I 'll wait for low and buy, unless it go back up hit resistance 6480-90 I go short for small pips but depends on how it goes up slow move or fast move.... but I prefer wait for deep and buy follow the trend we at least get BE. The cutting rate just effects around 30 mins.

Goodluck.


Angelina.
U're saying its still the bull world? ure looking at long alone? pls why?
  • #139,930
  • Jun 24, 2009 3:18pm Jun 24, 2009 3:18pm
Quoting mjay
U're saying its still the bull world? ure looking at long alone? pls why?
ang is not laone ... I like longas ... been trading off 1.6376. 2x on scalp and leaving one on with stop -150 pips for swing trade ( small position will add on way up as soon as I can move stop up to break even) have rescue trade at 6300 and 6250 , all 1 lot only , target 1.6700
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  • #139,931
  • Jun 24, 2009 3:19pm Jun 24, 2009 3:19pm
CABLE HIT ME HARD TODAY
  • #139,932
  • Jun 24, 2009 3:20pm Jun 24, 2009 3:20pm
Quoting mjay
U're saying its still the bull world? ure looking at long alone? pls why?
First, 4h/day still up trend. For day chart if if break 6330 we might see 59-60.
4h char if it break 6400 we might see 6250.
But nothing breaks yet. Up trend still stay for now.

Second, I dont do long term trades that much except go a good signal b/c sl might take away 100 pips and I need to spend time to monitor my trades.
I 'd like to take 30,50 pips/trade for 45min 1 hours sometime 20mins and done, not worry about anything. I still get more than 100 pips/day by trading on 6 popular pairs and these relate each others: E/U, G/U, E/J,U/J,G/J and E/G.
So I might have different strategy with the other traders.

GoodLuck to you.

Angelina.
  • #139,933
  • Jun 24, 2009 3:35pm Jun 24, 2009 3:35pm
Quoting Angelina
First, 4h/day still up trend. For day chart if if break 6330 we might see 59-60.
4h char if it break 6400 we might see 6250.
But nothing breaks yet. Up trend still stay for now.

Second, I dont do long term trades that much except go a good signal b/c sl might take away 100 pips and I need to spend time to monitor my trades.
I 'd like to take 30,50 pips/trade for 45min 1 hours sometime 20mins and done, not worry about anything. I still get more than 100 pips/day by trading on 6 popular pairs and these relate each others: E/U, G/U, E/J,U/J,G/J...
thanks for the explanations. Pls post more of ur entries, and in time too, we can benefit a lot from it. thanks again.
  • #139,934
  • Jun 24, 2009 3:37pm Jun 24, 2009 3:37pm
Quoting MoeFx
it might hold this time, im short at 1.6587, s/l 1.6687, t/p 1.6283 i don't know what im doing
close trade at 1.6416, i thinks it's going back up. who knows. im done.
  • #139,935
  • Edited 3:53pm Jun 24, 2009 3:40pm | Edited 3:53pm
I think on day chart if it go down 5850 we still see a big retrace @ 6250 before go lower. But now still up trend for me. Weekly chart remains to 80 is possible.

Angelina.
  • #139,936
  • Jun 24, 2009 3:41pm Jun 24, 2009 3:41pm
Quoting mjay
thanks for the explanations. Pls post more of ur entries, and in time too, we can benefit a lot from it. thanks again.
np you are very welcome.


Angelina.
  • #139,937
  • Jun 24, 2009 3:42pm Jun 24, 2009 3:42pm
look like people who was long took a beaten, thread got realy quiet after news come out
  • #139,938
  • Jun 24, 2009 3:45pm Jun 24, 2009 3:45pm
THINKING FOR LONG
  • #139,939
  • Jun 24, 2009 3:58pm Jun 24, 2009 3:58pm
U/Cad appears to be the only one moving right now... Upwards and retesting it's weeks highs (UTL)... A fail here would be bullish for G/U.

The Aud/Usd typically moves inversely to U/Cad and isn't moving. Eur/Gbp is moving upwards-- at a sluggs pace...

Oil was down today (IIRC U/Cad tends to lean towards the price or Brent crude)-- so more GS games I suppose...
  • #139,940
  • Jun 24, 2009 4:02pm Jun 24, 2009 4:02pm
Long at 1.6400 anyone?
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