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Cable Update (GBPUSD)

  • #140,001
  • Jun 25, 2009 2:18am Jun 25, 2009 2:18am
Good afternoon.

Bulls just got proper fu@!ed again.
This range is not over & as mentioned yesterday, should 6540 utl hold yesterday (which it did) , we will see 6330 level before any serious expectations should be raised. Trade wisely.

Earlier posts :
http://www.forexfactory.com/showpost...stcount=139478
http://www.forexfactory.com/showpost...stcount=139582

Good luck
Attached Image (click to enlarge)
Click to Enlarge Name: guh4.JPG Size: 72 KB
Thank You
  • #140,002
  • Jun 25, 2009 2:23am Jun 25, 2009 2:23am
Quoting wormboy
Good afternoon.

Bulls just got proper fu@!ed again.
This range is not over & as mentioned yesterday, should 6540 utl hold yesterday (which it did) , we will see 6330 level before any serious expectations should be raised. Trade wisely.

Earlier posts :
http://www.forexfactory.com/showpost...stcount=139478
http://www.forexfactory.com/showpost...stcount=139582

Good luck
dont miss the train again mate...such a brave desicion yesterday right...very clear to me H4/Daily&Weekly..
  • #140,003
  • Jun 25, 2009 2:24am Jun 25, 2009 2:24am
6330
Thank You
  • #140,004
  • Jun 25, 2009 2:24am Jun 25, 2009 2:24am
Quoting wormboy
Good afternoon.
Good afternoon

What do you think of reversal 1.6300?
  • #140,005
  • Jun 25, 2009 2:26am Jun 25, 2009 2:26am
just scalped break of m2 and s1 for 30 pips each.

The bias going into today was down.
  • #140,006
  • Jun 25, 2009 2:27am Jun 25, 2009 2:27am
Quoting grashid
dont miss the train again mate...such a brave desicion yesterday right...very clear to me H4/Daily&Weekly..
I didn't miss anything my friend. I've said it countless times, I will not trade until I get a breakout on the h4. That is the plan & I will wait
Thank You
  • #140,007
  • Jun 25, 2009 2:29am Jun 25, 2009 2:29am
Quoting wormboy
I didn't miss anything my friend. I've said it countless times, I will not trade until I get a breakout on the h4. That is the plan & I will wait

your conviction to stick to your plan is admirable, as that kind of discipline is what makes good traders!


Keep it up wormboy!
  • #140,008
  • Jun 25, 2009 2:31am Jun 25, 2009 2:31am
Quoting wormboy
I didn't miss anything my friend. I've said it countless times, I will not trade until I get a breakout on the h4. That is the plan & I will wait
Do what we plan ...
  • #140,009
  • Jun 25, 2009 2:31am Jun 25, 2009 2:31am
Quoting Nisda_
Good afternoon

What do you think of reversal 1.6300?
It's possible. It all depends if the h4 ltl which is at that level you mentioned could hold. If it holds, then that's the likeliest scenario - again
Thank You
  • #140,010
  • Jun 25, 2009 2:33am Jun 25, 2009 2:33am
Quoting wormboy
Good afternoon.

Bulls just got proper fu@!ed again.
This range is not over & as mentioned yesterday, should 6540 utl hold yesterday (which it did) , we will see 6330 level before any serious expectations should be raised. Trade wisely.

Earlier posts :
http://www.forexfactory.com/showpost...stcount=139478
http://www.forexfactory.com/showpost...stcount=139582

Good luck
You mean it could go back to 6540??? when you will got for short??what is reversal point in your mind bro??

Ub
  • #140,011
  • Jun 25, 2009 2:34am Jun 25, 2009 2:34am
Quoting alex1976
your conviction to stick to your plan is admirable, as that kind of discipline is what makes good traders!


Keep it up wormboy!
agreed with u
glad to know u wormboy
  • #140,012
  • Jun 25, 2009 2:42am Jun 25, 2009 2:42am
Quoting wormboy
I didn't miss anything my friend. I've said it countless times, I will not trade until I get a breakout on the h4. That is the plan & I will wait
weww.... I like this guys,, suabar tnan, keep it broo
  • #140,013
  • Jun 25, 2009 2:44am Jun 25, 2009 2:44am
Quoting Nisda_
Good afternoon

What do you think of reversal 1.6300?
Then u may check with ur M15..1.64 bounce back i saw....1.6360-1.64 where we should look for...failed either one...continue for next pit stop which is 1.62-1.61-158-151 as what Wormboy did highlited

Just my poor view...and am waiting for my breakout too..

P/S: Wormboy look for break out..dia nak makan besau....pas tu dia kena blanja kta ler ..hhehe
Attached Image(s) (click to enlarge)
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  • #140,014
  • Jun 25, 2009 2:48am Jun 25, 2009 2:48am
Quoting grashid
Then u may check with ur M15..1.64 bounce back i saw....1.6360-1.64 where we should look for...failed either one...continue for next pit stop which is 1.62-1.61-158-151 as what Wormboy did highlited

Just my poor view...
thanks grashid
1hr,4hr looks overbrought..what do you think?
But as I said earlier, i hate floating, so might stay away until clear direction
Got my pips done today.
  • #140,015
  • Jun 25, 2009 2:50am Jun 25, 2009 2:50am
Quoting wormboy
I didn't miss anything my friend. I've said it countless times, I will not trade until I get a breakout on the h4. That is the plan & I will wait
That is one of the things i like u ..Firm with your decision and that is why i put u in my buddy list...but sorry i have not enough vouch to vouch you....
  • #140,016
  • Jun 25, 2009 2:51am Jun 25, 2009 2:51am
Quoting grashid

P/S: Wormboy look for break out..dia nak makan besau....pas tu dia kena blanja kta ler ..hhehe
Tak .. aku memang jenis yang tak trade ranging jea bro bukan nak makan besaq.
Ranging market is my kryptonite.
But you nailed it yesterday my friend with the short. Shorting after spotting weakness at a resistance level is textbook stuff. Masterful trading brother
Thank You
  • #140,017
  • Edited 2:56am Jun 25, 2009 2:53am | Edited 2:56am
Quoting Nisda_
thanks grashid
1hr,4hr looks overbrought..what do you think?
But as I said earlier, i hate floating, so might stay away until clear direction
Got my pips done today.
1hr very very very clear H&S....we shall wait for breakout...check my earlier post...Perhaps i'll put my 10 sen sell stop @ 1.6280
Attached Image (click to enlarge)
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  • #140,018
  • Jun 25, 2009 2:55am Jun 25, 2009 2:55am
Thank you piper, alex, igyusan & nisda.
Thank You
  • #140,019
  • Jun 25, 2009 2:56am Jun 25, 2009 2:56am
Quoting wormboy
Tak .. aku memang jenis yang tak trade ranging jea bro bukan nak makan besaq.
Ranging market is my kryptonite.
But you nailed it yesterday my friend with the short. Shorting after spotting weakness at a resistance level is textbook stuff. Masterful trading brother
eleh..jomla blanjer kitorang..
  • #140,020
  • Jun 25, 2009 2:58am Jun 25, 2009 2:58am
Quoting grashid
1hr very very very clear H&S....we shall wait for breakout...check my earlier post...Perhaps i'll put my 10 sen sell stop @ 1.6280


istill hold my short yesterday....want she breakout or not....
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