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Cable Update (GBPUSD)

  • #139,981
  • Jun 24, 2009 11:51pm Jun 24, 2009 11:51pm
Quoting Angelina
lolz we have same target hopefully we get there . But the downtrend on E/G might give better chance to get 5880 on G/J.

GoodLuck for both of us.

Angelina.
Angel which other pair will you recommend I add to G/U from ur experience in trading them these various pairs?
  • #139,982
  • Jun 24, 2009 11:56pm Jun 24, 2009 11:56pm
Good morning ppl
wt's going on i am just waking up now , how's everything ?
  • #139,983
  • Jun 24, 2009 11:57pm Jun 24, 2009 11:57pm
Quoting mjay
Angel which other pair will you recommend I add to G/U from ur experience in trading them these various pairs?
oh with me I prefer E/J is the best for me. It has tight spread and move up and down nicely, much better than G/U. Most of the time I trade range with this pairs and it worked. You base on E/G and U/J and watch there resistances or trend lines and decide to trade on E/J. I have not set any sl on E/J only TP b/c every time the pair go against my way I wait for a retrace to get out with small loss(not reccommend). I used to trade range on E/J so most of time I win 100-150 each trade but lose 50-75, and it give good ratio too.

GoodLuck


Angelina.
  • #139,984
  • Jun 25, 2009 12:10am Jun 25, 2009 12:10am
Quoting Angelina
oh with me I prefer E/J is the best for me. It has tight spread and move up and down nicely, much better than G/U. Most of the time I trade range with this pairs and it worked. You base on E/G and U/J and watch there resistances or trend lines and decide to trade on E/J. I have not set any sl on E/J only TP b/c every time the pair go against my way I wait for a retrace to get out...
Thanks Ill check it out
  • #139,985
  • Jun 25, 2009 12:11am Jun 25, 2009 12:11am
here is the chart for trend lines. Keep it simple and make it easy to trade .
GoodLuck.

Angelina.
Attached Image (click to enlarge)
Click to Enlarge Name: 5pairs.jpg Size: 310 KB
  • #139,986
  • Jun 25, 2009 12:18am Jun 25, 2009 12:18am
Quoting Angelina
here is the chart for trendlines.

Angelina.
any idea ???
Attached Images
  • #139,987
  • Jun 25, 2009 12:35am Jun 25, 2009 12:35am
Quoting iqyusan
any idea ???
I dont know how you set up your chart but I recommend you keep it simple.
now the range for me on G/U on 15mins/1h give the same 6431-6477. Any breaks on both sides would give direction for the pairs. But depends on when London session starts and news on 8:30 ET be4 NewYork session.

GoodLuck.


Angelina.
  • #139,988
  • Jun 25, 2009 12:44am Jun 25, 2009 12:44am
Quoting Angelina
I dont know how you set up your chart but I recommend you keep it simple.
now the range for me on G/U on 15mins/1h give the same 6431-6477. Any breaks on both sides would give direction for the pairs. But depends on when London session starts and news on 8:30 ET be4 NewYork session.

GoodLuck.


Angelina.
yes, angel... i just see double top in m15 and see shoulder - head - shoulder in H 1 and see stoch indi below...
  • #139,989
  • Jun 25, 2009 1:01am Jun 25, 2009 1:01am
just shorted the cable
any idea about first support ?
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #139,990
  • Jun 25, 2009 1:15am Jun 25, 2009 1:15am
Quoting negro wolf
just shorted the cable
any idea about first support ?
First support probably 1.6370-80 area..

Second support 1.6330 area at daily S1..
  • #139,991
  • Jun 25, 2009 1:23am Jun 25, 2009 1:23am
Quoting Angelina
long on E/J(3380) and G/J(5780) better than G/U and E/U .
I'll out 15 or 30 mins be4 London starts.
GoodLuck



Angelina.

out now wait for London session. .

Angelina.
  • #139,992
  • Jun 25, 2009 1:27am Jun 25, 2009 1:27am
Quoting Ipips
First support probably 1.6370-80 area..

Second support 1.6330 area at daily S1..
thx
my t.p is 385
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #139,993
  • Jun 25, 2009 1:29am Jun 25, 2009 1:29am
1.63 then 1.61 then 1.58 then 1.51..Good luck all...
Attached Image (click to enlarge)
Click to Enlarge Name: GU H1.JPG Size: 85 KB
  • #139,994
  • Jun 25, 2009 1:31am Jun 25, 2009 1:31am
Quoting Angelina
out now wait for London session. .

Angelina.

is it too dangerous being in a trade ?
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #139,995
  • Jun 25, 2009 1:32am Jun 25, 2009 1:32am
Quoting grashid
1.63 then 1.61 then 158
That's fine by me too.

I'm just waiting....when will S&P come out and downgrade UK's rating...Don't want to be caught long when they finally deliver the knockout blow.
  • #139,996
  • Jun 25, 2009 1:33am Jun 25, 2009 1:33am
Angelina, do you like a break of 410 for a test of 366?

What u looking for?
  • #139,997
  • Jun 25, 2009 1:37am Jun 25, 2009 1:37am
Quoting negro wolf
is it too dangerous being in a trade ?
She's probably waiting for a clear trend to emerge/breakout when London session opens.

This could still go either way.. :nerd:
  • #139,998
  • Jun 25, 2009 1:43am Jun 25, 2009 1:43am
Quoting negro wolf
just shorted the cable
any idea about first support ?
nearest support at :6402 and major support at:6337 and then 6210

Ub
  • #139,999
  • Jun 25, 2009 1:46am Jun 25, 2009 1:46am
Quoting Ipips
She's probably waiting for a clear trend to emerge/breakout when London session opens.

This could still go either way.. :nerd:
Definitely could go either way. Now scalping here n there.
Great Bodies are Engineered not Born
  • #140,000
  • Jun 25, 2009 1:55am Jun 25, 2009 1:55am
My long got stop...if this does no break above 1.6465...it may go down till 1.6380....
Never Stop Learning...
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