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Cable Update (GBPUSD)

  • #144,621
  • Jul 9, 2009 6:50am Jul 9, 2009 6:50am
Quoting Yngwie
lets the Long begin
Done for TP. Now market for bullish mode for a while.. let see the chart. Currently i'm waiting for break any lowest or highest trendline for take any position. Safe first!
Attached Image (click to enlarge)
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #144,622
  • Jul 9, 2009 6:52am Jul 9, 2009 6:52am
Quoting zapper
At around 3:00 GMT, the price might move down...

Why?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #144,623
  • Jul 9, 2009 6:53am Jul 9, 2009 6:53am
Quoting jack.canadia
Short near daily R3 (6277)
Hi Jack, is there anytime that Price goes exceeding R3? And how far roughly?
  • #144,624
  • Jul 9, 2009 6:56am Jul 9, 2009 6:56am
Quoting Exciter135
Hi Jack, is there anytime that Price goes exceeding R3? And how far roughly?
it has in the past but 6300 is a nice area of resistance

im just sticking with the avg range of cable which is usually 250-300pips a day and we are near that.
  • #144,625
  • Jul 9, 2009 6:57am Jul 9, 2009 6:57am
Quoting neozero
What kind of flatform u used? FXCM? i just guess..Mini account spread 4-6, micro like u said..

by the way, where u staying..Johor bharu?
you are right. I'm on fxcm mini & standard. But I didn't get the spread that high? Not that I'm complaining tho.

nope, staying in penang.
Thank You
  • #144,626
  • Jul 9, 2009 6:58am Jul 9, 2009 6:58am
This is why shorting @ 1.6275 makes sense.....
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #144,627
  • Jul 9, 2009 6:59am Jul 9, 2009 6:59am
Quoting Bull_Bear
Why?
There`s an outbreak of US data. unemployment, etc... So, 3:00 GMT might have some effect, if the data from the US is $ positive...
  • #144,628
  • Jul 9, 2009 7:04am Jul 9, 2009 7:04am
Quoting Bull_Bear
This is why shorting @ 1.6275 makes sense.....
Like I said bro, sharp
But a confirmation of reversal or continuation formation would help tho before shorting methinks.
Thank You
  • #144,629
  • Jul 9, 2009 7:04am Jul 9, 2009 7:04am
I'm agreeing with BullBear. On the 4H, I had a prev Fib 50% at 1.6271
Day of the Fibs?

For the VSA folk out there... I'm still learning and trying to get a grip on it... the Red Bar on the BetterVolume means??

Looks like price starting to stall. Sellers coming in??
Attached Image (click to enlarge)
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A pip is only worth it if you know how much you risked to earn it
  • #144,630
  • Jul 9, 2009 7:08am Jul 9, 2009 7:08am
Quoting wormboy
Like I said bro, sharp
But a confirmation of reversal or continuation formation would help tho before shorting methinks.
Liking your posts to WB.
What timeframes are you trading on if you don't mind me asking?
A pip is only worth it if you know how much you risked to earn it
  • #144,631
  • Jul 9, 2009 7:08am Jul 9, 2009 7:08am
Quoting wormboy
you are right. I'm on fxcm mini & standard. But I didn't get the spread that high? Not that I'm complaining tho.

nope, staying in penang.
i see..I think u in JB..I.d read your post last couple month when u said u'll going to singapore if u remember..That me think u lived near by..emm..I'm impressed with u..

Got to go buddy..Mau g kenduri..
  • #144,632
  • Jul 9, 2009 7:10am Jul 9, 2009 7:10am
Short @6258 and pray
Great Bodies are Engineered not Born
  • #144,633
  • Jul 9, 2009 7:10am Jul 9, 2009 7:10am
Quoting wormboy
Like I said bro, sharp
But a confirmation of reversal or continuation formation would help tho before shorting methinks.
Like i said bro..... just an average guy. I think cable has done its dash today when it hits 1.6275.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #144,634
  • Jul 9, 2009 7:11am Jul 9, 2009 7:11am
Quoting RichLadyFX
Short @6258 and pray
praying wont help you in this market!
  • #144,635
  • Jul 9, 2009 7:11am Jul 9, 2009 7:11am
Quoting vlady1974
Liking your posts to WB.
What timeframes are you trading on if you don't mind me asking?
Thank you sir

Generally I trade off d1 & h4. I utilise the h6 & h12 at times to confirm the direction & I use the h1 as my trigger to position my trades.
Thank You
  • #144,636
  • Jul 9, 2009 7:12am Jul 9, 2009 7:12am
Quoting RichLadyFX
Short @6258 and pray
me too
  • #144,637
  • Jul 9, 2009 7:13am Jul 9, 2009 7:13am
Quoting Bull_Bear
Like i said bro..... just an average guy. I think cable has done its dash today when it hits 1.6275.
It's still trending up, wait till it starts trending down and don't stand in it's way!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #144,638
  • Jul 9, 2009 7:14am Jul 9, 2009 7:14am
Quoting jack.canadia
praying wont help you in this market!

depends on the faith... Good Morning Canadia
  • #144,639
  • Jul 9, 2009 7:15am Jul 9, 2009 7:15am
well my lone wolf trade paid off long till 1.6175 and my short was triggered at 1.62 looking for 1.6000- before close on friday.... whats everyones trade ideas
  • #144,640
  • Jul 9, 2009 7:17am Jul 9, 2009 7:17am
Quoting neozero
Got to go buddy..Mau g kenduri..
Enjoy your nasik minyak my friend
Thank You
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