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Cable Update (GBPUSD)

  • #144,481
  • Jul 9, 2009 2:59am Jul 9, 2009 2:59am
Quoting baggermatsch
+130

now it can go wherever u want.

Good call!

I knew that "low volume" 4h candle was bullish!
  • #144,482
  • Jul 9, 2009 3:04am Jul 9, 2009 3:04am
Quoting forexlion
skype:anchorfx
can i add you buddy?

Ub
  • #144,483
  • Jul 9, 2009 3:04am Jul 9, 2009 3:04am
clear uptrend on London session. I think with UK rate hold and good news for stocks tomorrow we will see 63xx. But 4h chart still see downtrend hope she will go down.

GL all

Angelina.
  • #144,484
  • Jul 9, 2009 3:05am Jul 9, 2009 3:05am
Quoting alex1976
No Buyers ehhhh???
Dude, that was 12 hours ago. And he did mention a small retrace...No?

Relax will ya?
Ghost Rider - WWTBMD?
  • #144,485
  • Jul 9, 2009 3:05am Jul 9, 2009 3:05am
Quoting alex1976
No Buyers ehhhh???
do not mock him, he is the best

and even the best are humans not gods

humans do make mistakes sometimes
  • #144,486
  • Jul 9, 2009 3:11am Jul 9, 2009 3:11am
Okay, my humble apologies to Malcomb!

Lesson learned: make your own trades!

Ya I got it!
  • #144,487
  • Jul 9, 2009 3:12am Jul 9, 2009 3:12am
Quoting poisonivy0
ahhhh losing pips like mad. i always end up in the green but dont take profit so it goes against me.
Any advice on profit taking?
Hey body , when your trade moves on your favor move your stop loss to the entry point , BE , thus if the market goes against you , if you don`t take any profit at least you don`t end up loosing .Remember : never let your winning trades become loosers.
Good luck
I`ve been wrong before,and I may be wrong again.
  • #144,488
  • Jul 9, 2009 3:14am Jul 9, 2009 3:14am
bear bear where r thee
  • #144,489
  • Jul 9, 2009 3:17am Jul 9, 2009 3:17am
MAY BE it'll continue going down until it reach 1.56 or 1.57. it's according to the previous year especially 90's. It might be recover by August, i think so..........
  • #144,490
  • Jul 9, 2009 3:19am Jul 9, 2009 3:19am
Quoting poisonivy0
ahhhh losing pips like mad. i always end up in the green but dont take profit so it goes against me.
Any advice on profit taking?

When it's in your favor and it's starts to falter, take a portion and get to BE. That way you've made some money and are now in a free trade.

If you don't take any, Still get to BE and always remember, in Forex, BE goes in the WIN column...
Ghost Rider - WWTBMD?
  • #144,491
  • Jul 9, 2009 3:26am Jul 9, 2009 3:26am
Quoting malcolmb14
think like this

pros sell into strength , buy into weakness.

do you like to pay full price or discount for a new car ?

you can have high vol up bar means that pros are selling into the strength
Great analogy. Really clarifies it. Thanx
  • #144,492
  • Jul 9, 2009 3:34am Jul 9, 2009 3:34am
Quoting Flem26
I have been trading with the James16 method for more than a year now and have added divergence and VSA to my trading style. This thread has been a great help for VSA: http://www.forexfactory.com/showthread.php?t=157629. The first page is constantly updated and should have all the info you need to get started.

Malcomb and Dr. G are the real deal . . .
Thanks for that link,Flem.
  • #144,493
  • Jul 9, 2009 3:36am Jul 9, 2009 3:36am
I'd long position @ 1.61173..I'm not talkg BS here..Talk about my op after the time..emm here my op..And below is my view..

Attached Image (click to enlarge)
Click to Enlarge Name: OP.jpg Size: 113 KB


4H chart : Still below Heikens Ashi=20SMA..If close above 1.6170..I'll keep my position..TP @ 1.62-1.63
Attached Image (click to enlarge)
Click to Enlarge Name: gu 4h.gif Size: 26 KB



Daily Chart : Yesterday US Session Had testing 55sma then start climbing till today
Attached Image (click to enlarge)
Click to Enlarge Name: gu daily.gif Size: 24 KB


Weekly Chart : Price in reversal area
Attached Image (click to enlarge)
Click to Enlarge Name: gu weekly.gif Size: 22 KB
  • #144,494
  • Jul 9, 2009 3:40am Jul 9, 2009 3:40am
ALEX 19776........

STOP POSTING AND FLIRTING ON FORUM FOR TRADES........
Learn and respect to learn from the traders here...

Malcomb is one of the best traders here on forex factory.....
If you dont wanna learn then you know where to go...

You took a stupid entry as usual and now getting frustrated ..

IT IS YOUR OWN FAULT STOP TRADING IF YOU CAN TAKE LOSSESS...
Let Price determine your future!
  • #144,495
  • Jul 9, 2009 3:41am Jul 9, 2009 3:41am
KEEP PATIENCE
  • #144,496
  • Jul 9, 2009 3:43am Jul 9, 2009 3:43am
Selling at 1.6156 hope it plays out..
Never Stop Learning...
  • #144,497
  • Jul 9, 2009 3:44am Jul 9, 2009 3:44am
Peace all ...
  • #144,498
  • Jul 9, 2009 3:47am Jul 9, 2009 3:47am
Hello Hasnaa,

EXCELLENT CHARTS - thanks for them

How is it in Dubai?

London Trader
Quoting Hasnaa
Hope that these Charts will be helpful 4 U ...
Discomfort and profit often stand side by side
  • #144,499
  • Jul 9, 2009 3:48am Jul 9, 2009 3:48am
Quoting chonyc
Selling at 1.6156 hope it plays out..
Yep, bouncing off 4h gan. rarely does it go straight thrugh it with out some sort of rejection.
  • #144,500
  • Jul 9, 2009 3:50am Jul 9, 2009 3:50am
Quoting alex1976
Good call!

I knew that "low volume" 4h candle was bullish!
Are you for real????????.

Get a plan an trade it.
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