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Cable Update (GBPUSD)

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  • Post #142,821
  • Quote
  • Jul 6, 2009 1:40am Jul 6, 2009 1:40am
  •  Ipips
  • | Joined Feb 2009 | Status: Member | 408 Posts
Gap fill and dump?
 
 
  • Post #142,822
  • Quote
  • Jul 6, 2009 1:40am Jul 6, 2009 1:40am
  •  Exciter135
  • | Joined Jul 2008 | Status: Member | 381 Posts
Quoting Pham
Disliked
Yea I agree. Hope it will test on the US session this day.

Pham.
Ignored
Hi Pham, I m in VN too
 
 
  • Post #142,823
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  • Jul 6, 2009 1:40am Jul 6, 2009 1:40am
  •  forexlion
  • | Additional Username | Joined Sep 2009 | 8,623 Posts
Quoting malcolmb14
Disliked
do not be suckered into this up move .. odd how it comes under low volume and before London .... aka bull trap
Ignored

  1. mal you forgot something
  2. we had a talk about day open
  3. watch

Attached Image (click to enlarge)
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Name: gu.gif
Size: 15 KB
 
 
  • Post #142,824
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  • Jul 6, 2009 1:41am Jul 6, 2009 1:41am
  •  roreki
  • | Commercial Member | Joined Jun 2009 | 1,254 Posts
Last week like this day i lost so many dollars , now am getting it all back
 
 
  • Post #142,825
  • Quote
  • Jul 6, 2009 1:41am Jul 6, 2009 1:41am
  •  Ipips
  • | Joined Feb 2009 | Status: Member | 408 Posts
Quoting roreki
Disliked
added a short from 1.6323 again wiz big lots still bearish
Ignored
well done roreki. I went short at that price too.
 
 
  • Post #142,826
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  • Jul 6, 2009 1:43am Jul 6, 2009 1:43am
  •  roreki
  • | Commercial Member | Joined Jun 2009 | 1,254 Posts
Quoting Ipips
Disliked
well done roreki. I went short at that price too.
Ignored
well done to u too mate i think it's gonna be a full green pips week
 
 
  • Post #142,827
  • Quote
  • Jul 6, 2009 1:46am Jul 6, 2009 1:46am
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting forexlion
Disliked

  1. mal you forgot something
  2. we had a talk about day open
  3. watch

Ignored
$10 says down,....

just tested lower value area Friday , stayed under there - = bearish . also bear flag 5 min

I am selling rallies as well as have swing trade positions.

NOW if and only if we stay above 1.6325 for more than 30 min in LONDON session will I look for longs , other than that sells only it is

dollar index is going UP to 85 ..... gu down to 1.5800

I hit sell gu 6320 stop be

Attached Image (click to enlarge)
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Name: GBPJPY3MIN332.jpeg93.png
Size: 211 KB
Blogging daily now at www.volume.zone
 
 
  • Post #142,828
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  • Jul 6, 2009 1:52am Jul 6, 2009 1:52am
  •  Ipips
  • | Joined Feb 2009 | Status: Member | 408 Posts
Got out for a quick profit. Need some stability first before I enter another trade.
 
 
  • Post #142,829
  • Quote
  • Jul 6, 2009 1:52am Jul 6, 2009 1:52am
  •  forexlion
  • | Additional Username | Joined Sep 2009 | 8,623 Posts
Quoting malcolmb14
Disliked
$10 says down,....

just tested lower value area Friday , stayed under there - = bearish . also bear flag 5 min

I am selling rallies as well as have swing trade positions.

NOW if and only if we stay above 1.6325 for more than 30 min in LONDON session will I look for longs , other than that sells only it is

dollar index is going UP to 85 ..... gu down to 1.5800

I hit sell gu 6320 stop be

Attachment 268837
Ignored

  1. my exit was day open as i discussed with you
  2. only a stable move above day open can force me to consider longs above this level
  3. the biggest hurdle is that this is also previous week close
  4. so nothing above it unless we have a minimum of 4 hour trend, which does not exist

 
 
  • Post #142,830
  • Quote
  • Jul 6, 2009 1:52am Jul 6, 2009 1:52am
  •  jack.canadia
  • Joined Dec 2008 | Status: Conservative | 2,112 Posts
Quoting jack.canadia
Disliked
Possible sell between 6320/30 on a gap fill.
Ignored
 
 
  • Post #142,831
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  • Jul 6, 2009 1:54am Jul 6, 2009 1:54am
  •  Maelstrom
  • | Joined Apr 2009 | Status: Member | 71 Posts


Quoting jack.canadia
Disliked
Ignored
 
 
  • Post #142,832
  • Quote
  • Jul 6, 2009 2:01am Jul 6, 2009 2:01am
  •  Maelstrom
  • | Joined Apr 2009 | Status: Member | 71 Posts
What price did you get in at Jack?

Quoting jack.canadia
Disliked
Ignored
 
 
  • Post #142,833
  • Quote
  • Jul 6, 2009 2:10am Jul 6, 2009 2:10am
  •  zurin
  • | Joined Jun 2008 | Status: Member | 358 Posts
Quoting malcolmb14
Disliked
$10 says down,....

I am selling rallies as well as have swing trade positions.

NOW if and only if we stay above 1.6325 for more than 30 min in LONDON session will I look for longs , other than that sells only it is



Attachment 268837
Ignored
thank you, bro
a nice advice for next few hour
at last i`ve found a holygrail........
 
 
  • Post #142,834
  • Quote
  • Jul 6, 2009 2:11am Jul 6, 2009 2:11am
  •  woodlybog
  • | Joined Mar 2009 | Status: longing for summer | 156 Posts
Quote
Disliked
do not be suckered into this up move .. odd how it comes under low volume and before London .... aka bull trap

YUP... she just tanked.... took 40 pips... thanks Mal
 
 
  • Post #142,835
  • Quote
  • Jul 6, 2009 2:11am Jul 6, 2009 2:11am
  •  roreki
  • | Commercial Member | Joined Jun 2009 | 1,254 Posts
bye bye GBP
 
 
  • Post #142,836
  • Quote
  • Jul 6, 2009 2:11am Jul 6, 2009 2:11am
  •  Ben920FX
  • | Joined Sep 2008 | Status: Pip banker | 263 Posts
Bear in full command now
My edge ===> Patience
 
 
  • Post #142,837
  • Quote
  • Jul 6, 2009 2:13am Jul 6, 2009 2:13am
  •  Ferick
  • | Joined Jan 2009 | Status: Member | 215 Posts
Quoting malcolmb14
Disliked
do not be suckered into this up move .. odd how it comes under low volume and before London .... aka bull trap
Ignored
Right on the money as always. Classic bull trap. I am holding my short and have no intention of abandoning it unless there is a sharp rejection at 1.62 area. I am keeping an eye on EUR/GBP - looking to see if it breaks .8630. That would give me another confirmation of the bearish view for GBP.
 
 
  • Post #142,838
  • Quote
  • Jul 6, 2009 2:19am Jul 6, 2009 2:19am
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting malcolmb14
Disliked
$10 says down,....

just tested lower value area Friday , stayed under there - = bearish . also bear flag 5 min

I am selling rallies as well as have swing trade positions.

NOW if and only if we stay above 1.6325 for more than 30 min in LONDON session will I look for longs , other than that sells only it is

dollar index is going UP to 85 ..... gu down to 1.5800

I hit sell gu 6320 stop be

Attachment 268837
Ignored

lovely ..... did that one with a hangover!!!
Blogging daily now at www.volume.zone
 
 
  • Post #142,839
  • Quote
  • Jul 6, 2009 2:20am Jul 6, 2009 2:20am
  •  mloistianto
  • | Joined May 2009 | Status: Member | 1,795 Posts
post small lot long @ 1.6249.. testing the support at outer area..
 
 
  • Post #142,840
  • Quote
  • Jul 6, 2009 2:23am Jul 6, 2009 2:23am
  •  wormboy
  • Joined Jan 2009 | Status: Not bothered. | 18,082 Posts
Quoting malcolmb14
Disliked
lovely ..... did that one with a hangover!!!
Ignored
showoff
Thank You
 
 
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