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Cable Update (GBPUSD)

  • #143,981
  • Jul 8, 2009 12:45am Jul 8, 2009 12:45am
Quoting melar
ITS STILL BEARISH
woah woah...no need to shout
With Great Money Management Comes Great Success PATIENCE
  • #143,982
  • Jul 8, 2009 12:45am Jul 8, 2009 12:45am
thanks spider... u've released my tenseness he..he....
  • #143,983
  • Jul 8, 2009 12:51am Jul 8, 2009 12:51am
Quoting mcnonz
thanks spider... u've released my tenseness he..he....
news in 10 min, don't want you to get any heart attacks just be prepared for movements.
  • #143,984
  • Jul 8, 2009 12:51am Jul 8, 2009 12:51am
Yes the bias still bearish. but you have to put your sl.. because the bias medium term especially could change to bullish at anytime i could say this is still ranging in the support area.. if, the PA remains this way... bullish could take over for some time.. and in that case either you have to have a big equity to hold your open trade until the price gets back, or you have to deal with big lost.. Put your sl on and really prepare to lose some money up to that sl..
  • #143,985
  • Jul 8, 2009 12:52am Jul 8, 2009 12:52am
Quoting spider-man
woah woah...no need to shout
sure waitin for the news
  • #143,986
  • Jul 8, 2009 12:53am Jul 8, 2009 12:53am
Quoting mcnonz
thanks spider... u've released my tenseness he..he....
And remember.. the pa in news can be unpredictable.. so you have to think fast.. and protect your profit as soon as you see any chance to pull back up..
  • #143,987
  • Jul 8, 2009 12:58am Jul 8, 2009 12:58am
thanks all.. i'm already put my sl.....but still hoping it going down.....ermmm
  • #143,988
  • Jul 8, 2009 1:00am Jul 8, 2009 1:00am
Everyone is bearish............
So am I but am looking for better entry.........at this point in time

I will short on news spike at 9:30 which i will get a chance in if I am lucky...

Good Luck to all

Pateince is the key....

See you all at 1.5900
Let Price determine your future!
  • #143,989
  • Jul 8, 2009 1:02am Jul 8, 2009 1:02am
thanks there.. so... the news seems lower... so it still bearish rite..??


Quoting mloistianto
And remember.. the pa in news can be unpredictable.. so you have to think fast.. and protect your profit as soon as you see any chance to pull back up..
  • #143,990
  • Jul 8, 2009 1:03am Jul 8, 2009 1:03am
Lets dive.

Deep

Very2 deep.
Great Bodies are Engineered not Born
  • #143,991
  • Jul 8, 2009 1:05am Jul 8, 2009 1:05am
Quoting mcnonz
thanks there.. so... the news seems lower... so it still bearish rite..??
Mate fundamental are just spikes....
Yes we have broken 1.6200 so we have broken the range...
Daily candles are bearish 4 hourlys are bearish...

So the only thing you will see is retracements which are to be sold imho...

Keep a decent stop and be patient you will arrive at your destination...

Also the 4 hourly closed nicely lets see where the news takes it to short again....

Good Luck

GeppyG
Let Price determine your future!
  • #143,992
  • Jul 8, 2009 1:07am Jul 8, 2009 1:07am
Quoting Geppyg
Everyone is bearish............
So am I but am looking for better entry.........at this point in time

I will short on news spike at 9:30 which i will get a chance in if I am lucky...

Good Luck to all

Pateince is the key....

See you all at 1.5900
See you there, hopefully with truckloads of PIPS.
Great Bodies are Engineered not Born
  • #143,993
  • Jul 8, 2009 1:08am Jul 8, 2009 1:08am
went short at 1.60778...
With Great Money Management Comes Great Success PATIENCE
  • #143,994
  • Jul 8, 2009 1:09am Jul 8, 2009 1:09am
Quoting Spider-Man
went short at 1.60778...
Why not wait for the news...matey....

i am still waiting for entry..lol...Will enter on the news spike personally

Good Luck
Let Price determine your future!
  • #143,995
  • Jul 8, 2009 1:09am Jul 8, 2009 1:09am
might bail....retracement
With Great Money Management Comes Great Success PATIENCE
  • #143,996
  • Jul 8, 2009 1:11am Jul 8, 2009 1:11am
Quoting mcnonz
thanks there.. so... the news seems lower... so it still bearish rite..??
just a tips, when you have a bad entry. just get out as soon as you get your chance.. and re enter.. its better to re adjust your entry and you got no change to enter again rather than let emotion control your trade.... btw.. this condition is what i am trying to say about pa around news..
  • #143,997
  • Jul 8, 2009 1:13am Jul 8, 2009 1:13am
Quoting Spider-Man
went short at 1.60778...
Good luck.. i will wait for a better entry or else i will meet you @ the bottom price..which is 1.6000
  • #143,998
  • Jul 8, 2009 1:13am Jul 8, 2009 1:13am
Quoting RichLadyFX
See you there, hopefully with truckloads of PIPS.
Thank you....1.5900............come on......
Let Price determine your future!
  • #143,999
  • Jul 8, 2009 1:15am Jul 8, 2009 1:15am
Quoting Geppyg
Thank you....1.5900............come on......
-0.5..............hence I said come on....lets see what happens now
Let Price determine your future!
  • #144,000
  • Jul 8, 2009 1:17am Jul 8, 2009 1:17am
ok....i've closed the +ve pips.thanks .. btw...wat is pa?

Quoting mloistianto
just a tips, when you have a bad entry. just get out as soon as you get your chance.. and re enter.. its better to re adjust your entry and you got no change to enter again rather than let emotion control your trade.... btw.. this condition is what i am trying to say about pa around news..
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