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Cable Update (GBPUSD)

  • #143,401
  • Jul 7, 2009 1:05am Jul 7, 2009 1:05am
Quoting cdforex
If you are new to this I would recommend trailing stop to protect your green pips.
How many pips trailing
  • #143,402
  • Jul 7, 2009 1:06am Jul 7, 2009 1:06am
127!
  • #143,403
  • Jul 7, 2009 1:12am Jul 7, 2009 1:12am
Quoting poisonivy0
How many pips trailing
20 would be my number. You don't want to turn a wnner into loser. But that's me
Better safe than sorry
  • #143,404
  • Jul 7, 2009 1:13am Jul 7, 2009 1:13am
short @ 1.6222

1st t.p is 1.6190
2n t.p is 1.6120

any short conformation?
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #143,405
  • Jul 7, 2009 1:14am Jul 7, 2009 1:14am
Quoting poisonivy0
can anyone advise on where to take profit and you reasons why please....!
im in at 1.6264 short
always take profit wherever 1 min turns

never chase targets
  • #143,406
  • Jul 7, 2009 1:18am Jul 7, 2009 1:18am
Thanks guys!
Its hard to take profit especially when ur playing wit £2.5 a point as theres not much left to run out

But your advice has been noted
  • #143,407
  • Jul 7, 2009 1:20am Jul 7, 2009 1:20am
Quoting poisonivy0
Thanks guys!
Its hard to take profit especially when ur playing wit £2.5 a point as theres not much left to run out

But your advice has been noted
Do not play...
Great Bodies are Engineered not Born
  • #143,408
  • Jul 7, 2009 1:27am Jul 7, 2009 1:27am
The pair made significant move downward B4 London Opens. Just like yesterday, if i'm not mistaken. Meaning that mother bear wil appear?
Great Bodies are Engineered not Born
  • #143,409
  • Jul 7, 2009 1:31am Jul 7, 2009 1:31am
long 6200
tp 6418
  • #143,410
  • Jul 7, 2009 1:33am Jul 7, 2009 1:33am
Quoting tomaz55
long 6200
tp 6418
Why are you going long? This looks like a repeat of what happened yesterday. We may see 1.6100 again.
  • #143,411
  • Jul 7, 2009 1:36am Jul 7, 2009 1:36am
Quoting tomaz55
long 6200
tp 6418
Same. Went long at 6200.
  • #143,412
  • Jul 7, 2009 1:38am Jul 7, 2009 1:38am
Quoting drerhys
Why are you going long? This looks like a repeat of what happened yesterday. We may see 1.1600 again.
1.1600?? you mean 1.6100?

i went long because everybody is thinking short.. will reverse if price gets to 6418, no stop for now
  • #143,413
  • Jul 7, 2009 1:39am Jul 7, 2009 1:39am
Quoting drerhys
Why are you going long? This looks like a repeat of what happened yesterday. We may see 1.1600 again.
Long at 6200 as it is the 50% retracement of the upmove from yesterday's low to today's high..

Could be just for a scalp, who knows..
  • #143,414
  • Jul 7, 2009 1:47am Jul 7, 2009 1:47am
Quoting ipips
same. Went long at 6200.
cable must touch 1.6143 area
  • #143,415
  • Jul 7, 2009 1:47am Jul 7, 2009 1:47am
Going down at 1.6124 ? Hmmm .. just a thought .... Second is maybe at 1.6050. I didn't see any sign of bull. Anyone here still go down ?
  • #143,416
  • Jul 7, 2009 1:49am Jul 7, 2009 1:49am
Quoting Faryad
cable must touch 1.6143 area
I agree bro, but is there any "MUST" in forex ?
  • #143,417
  • Jul 7, 2009 1:49am Jul 7, 2009 1:49am
Quoting tomaz55
1.1600?? you mean 1.6100?

i went long because everybody is thinking short.. will reverse if price gets to 6418, no stop for now
Don't get upset mate, but your reasons are rubbish. go long because everyone is short. yeh forget indicaters or trends or price action, just go against the flow on forex factory. it might work out for yah, good luck but please don't come back and say i told you so, and justifying your reason as something sensible.
  • #143,418
  • Jul 7, 2009 1:50am Jul 7, 2009 1:50am
Quoting RichLadyFX
The pair made significant move downward B4 London Opens. Just like yesterday, if i'm not mistaken. Meaning that mother bear wil appear?
HOPE SO
  • #143,419
  • Jul 7, 2009 1:51am Jul 7, 2009 1:51am
Quoting tomaz55
...i went long because everybody is thinking short..
????

Z
  • #143,420
  • Jul 7, 2009 1:51am Jul 7, 2009 1:51am
Quoting freeasabird
i agree bro, but is there any "must" in forex ?
going long is very risky coz u r opposing trend
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