what will u do
Cable Update (GBPUSD)
- #140,122
- Jun 25, 2009 6:16am Jun 25, 2009 6:16am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
yup ..perhaps..but 1.6250/60 look possible in few hrs from now H1...am worried as that news will turn to other way round as per last week 3XX K..mm...let my 10 sen told me what is going on today....will be back 9.30pm..see u mate
English translation :-
My call hit again....then i load another 10 sen again @ sell limit= 1.6350..
- #140,123
- Jun 25, 2009 6:18am Jun 25, 2009 6:18am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
I'm all in now!!! Very bullish looking!! T/P 100 pips
- #140,126
- Jun 25, 2009 6:20am Jun 25, 2009 6:20am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Good trading plan my friend
Current SL is tucked in at 6350. Gotta love them free rides...LOL
Ghost Rider - WWTBMD?
- #140,127
- Jun 25, 2009 6:22am Jun 25, 2009 6:22am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Thanks BB! The ride up from Tuesday was much the same. What I loved about this one was that my initial SL was only 15 pips and it missed it by 2 hitting 6593...LOL
Current SL is tucked in at 6350. Gotta love them free rides...LOL
Veni, Vidi, Vici (We came, we saw, we conquered)
- #140,128
- Jun 25, 2009 6:23am Jun 25, 2009 6:23am
- | Commercial User | Joined Jun 2009 | 1,254 Posts
I have added another long position. I see an impending reversal.. Don't panic and sell now.
Good luck 2 u and me and all long
- #140,130
- Jun 25, 2009 6:25am Jun 25, 2009 6:25am
- | Commercial User | Joined Mar 2009 | 1,423 Posts
Let Price determine your future!
- #140,131
- Jun 25, 2009 6:25am Jun 25, 2009 6:25am
Thanks Moe bro. Don't worry. I'm not foolish enough to throw all in. Just added another position to my long because I felt confident.
, i have no confidence in long, short all the way for me. good luck and wish every one well, long or short
- #140,133
- Jun 25, 2009 6:26am Jun 25, 2009 6:26am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Veni, Vidi, Vici (We came, we saw, we conquered)
- #140,136
- Jun 25, 2009 6:36am Jun 25, 2009 6:36am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Good Luck to those who long and short!
Veni, Vidi, Vici (We came, we saw, we conquered)
- #140,137
- Jun 25, 2009 6:38am Jun 25, 2009 6:38am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
I'm gonna throw in my thoughts just for the sake of helping fellow traders.
No intention to be hurtful so I apologise in advance.
Going in long an hour away from the unemployment data & with so much selling pressure is gambling. And yes you are panicking, else you could always wait for a better confirmation to go long later. This thing right now could thrust deep into the lows of 6100 as it could spike upwards towards 6470 level. You might get lucky and get away with it but I guarantee you won't the next time around.
This is just a friendly reminder to the new traders who are learning to trade. You do not want to push your luck unnecessarily too close to a high impact data release & against the existing pressure, which in this case is selling.
Good luck again guys
No intention to be hurtful so I apologise in advance.
Going in long an hour away from the unemployment data & with so much selling pressure is gambling. And yes you are panicking, else you could always wait for a better confirmation to go long later. This thing right now could thrust deep into the lows of 6100 as it could spike upwards towards 6470 level. You might get lucky and get away with it but I guarantee you won't the next time around.
This is just a friendly reminder to the new traders who are learning to trade. You do not want to push your luck unnecessarily too close to a high impact data release & against the existing pressure, which in this case is selling.
Good luck again guys
Thank You 
- #140,138
- Jun 25, 2009 6:40am Jun 25, 2009 6:40am
I'm receiving many well wishes and good luck messages for saying I'm going long from many bros here.
Thanks guys!
You'll see what i mean later..
I'm with you on this, since it's heavily oversold on 1H chart.. Yesterday RSI (85/15 on 1H chart) didn't fail me, let's see. It will move up-down few times and rocket up to new highs, it may take 2-3 hours to clearly move up though. This is my non-professional observation, it may be wrong.
Good luck
- #140,139
- Jun 25, 2009 6:43am Jun 25, 2009 6:43am
very good analysis and observation..am taking my TP 500pips....
I wish I had jumped in earlier.. 500 pips! wow!! great trade!
.... but now I'm not sure what to do.
depending how the 15M closes, may jump back in short. still seems a bit early to go long.