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Cable Update (GBPUSD)

  • #144,821
  • Jul 9, 2009 11:58am Jul 9, 2009 11:58am
Quoting Angelina
6375 is resistance here. let see some pips , target 45 pips ;D

Angelina.

hit my target 6330 lolz 45 p ips


Angelina.
  • #144,822
  • Jul 9, 2009 11:59am Jul 9, 2009 11:59am
Quoting Turveyd
revenge trading never goes well.
Ghost Rider - WWTBMD?
  • #144,823
  • Jul 9, 2009 11:59am Jul 9, 2009 11:59am
It appears to me that we still have some Upside but currently at a hiccup.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 4hr 12.gif Size: 48 KB


1.6590 ~ is not out of the equation.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 4hr 11.gif Size: 49 KB
  • #144,824
  • Jul 9, 2009 12:01pm Jul 9, 2009 12:01pm
Well she did not close below the monthly pivot, so I think I will get stopped out but I am still holding my short. Good luck and happy pipping. I also have a buy at 160, lets see how she plays out.
  • #144,825
  • Jul 9, 2009 12:03pm Jul 9, 2009 12:03pm
Quoting pujolshomerun
HAHAHA yay I made 300 pips today.

I think the best way trading is do OPPOSITE to what people say in this thread.

Do you remember what people were saying when it was 1.30?

They all said it would go down to 1.28

Then when it hit 1.40, they said it will turn back

And when it hit 1.50 they said it was a good time to short




And again... this happened again...


You know big boys don't wanna give you guys money very easily.

They wanna TAKE your money AWAY from you.


So think opposite.
What a load of bollocks.
Most posters here had contradicting views, so you picked the "right" post & show your face AFTER the move is gone. Yeah very convenient.
I bet if it went down you'd come up to say the same thing.
Where's my happy button ... oh click there you go.
Thank You
  • #144,826
  • Jul 9, 2009 12:08pm Jul 9, 2009 12:08pm
I stick to you...well done

LT

Quoting wormboy
What a load of bollocks.
Most posters here had contradicting views, so you picked the "right" post & show your face AFTER the move is gone. Yeah very convenient.
I bet if it went down you'd come up to say the same thing.
Where's my happy button ... oh click there you go.
Discomfort and profit often stand side by side
  • #144,827
  • Jul 9, 2009 12:11pm Jul 9, 2009 12:11pm
Quoting LondonTrader
I stick to you...well done

LT
Yes sir, good thing I stuck to my guns ... no harm done :
http://www.forexfactory.com/showpost...postcount=1674

Thank You
  • #144,828
  • Jul 9, 2009 12:14pm Jul 9, 2009 12:14pm
Quoting wormboy
Yes sir, good thing I stuck to my guns ... no harm done :
http://www.forexfactory.com/showpost...postcount=1674

please update when you go Short or long again

thanks

Ub
  • #144,829
  • Jul 9, 2009 12:17pm Jul 9, 2009 12:17pm
Quoting pujolshomerun
HAHAHA yay I made 300 pips today.

I think the best way trading is do OPPOSITE to what people say in this thread.

Do you remember what people were saying when it was 1.30?

They all said it would go down to 1.28

Then when it hit 1.40, they said it will turn back

And when it hit 1.50 they said it was a good time to short




And again... this happened again...


You know big boys don't wanna give you guys money very easily.

They wanna TAKE your money AWAY from you.


So think opposite.

So so true. Best indicator is the folks in here read and do opposite.
  • #144,830
  • Jul 9, 2009 12:20pm Jul 9, 2009 12:20pm
I've short at 1.6358 SL moved to BE. This day is another owful day for me, 6 time hit BE, and -40 pips.
I don't know anything right now, just too overbuy maybe, i go short. Bad analysis right ?
This is my last trade today, if got hit SL again, then i've to celebrate this day as a wonderfull day.
Thank you all, for sharing knowledge here. Hope can learn something.
  • #144,831
  • Jul 9, 2009 12:20pm Jul 9, 2009 12:20pm
Quoting yakutatjack
So so true. Best indicator is the folks in here read and do opposite.

So now the sentiment is starting to change many start thinking going long instead .. So That mean wou should stay short dont we... lol
  • #144,832
  • Jul 9, 2009 12:24pm Jul 9, 2009 12:24pm
Quoting Lejumeau
So now the sentiment is starting to change many start thinking going long instead .. So That mean wou should stay short dont we... lol
Why werent these guys buying 300 pips ago.

Answer cause they think they have missed the move up so they start buying after it has gone past the adr. Oh I better get in. Thus why they fail. Buy tops sell bottoms.

its not new and will continue to happen day in and day out.
  • #144,833
  • Jul 9, 2009 12:25pm Jul 9, 2009 12:25pm
So you might want to be long now . I am pretty confident my SL at 1.6364 will be run, but I will let it run. Sold it base on the fact that it has run up 380 pips in 24 hours- and RSI at 73%. If you want to short it, short from 1.6360-1.6410 with SL at 1.6430, otherwise stay away.
  • #144,834
  • Jul 9, 2009 12:25pm Jul 9, 2009 12:25pm
I open short at price 1.6333 and my TP is 1.6233 and SL 1.6370...

We will see


Seya
"Buy on fear, sell on greed !!!
  • #144,835
  • Jul 9, 2009 12:25pm Jul 9, 2009 12:25pm
Quoting Lejumeau
So now the sentiment is starting to change many start thinking going long instead .. So That mean wou should stay short dont we... lol
Not according to your sig. Which, btw, suggests to me that you don't listen to the clamour, You Trade what you see. Not trying to be condescending but that thought process will keep you in good standing in my book.

Trade On Bro...
  • #144,836
  • Jul 9, 2009 12:25pm Jul 9, 2009 12:25pm
Quoting albchr
I have to admit Jack. The past 4 weeks I made a killing and did almost no posting or thread watching. This week I've been doing a lot and BAM! Big losses....LOL

So you're not alone in being distracted.

Yeah I agree with you guys.

This thread is good for a little forex banter, but it still is a little distracting as you can lose yourself is all the viewpoints and forget your own system.
  • #144,837
  • Jul 9, 2009 12:27pm Jul 9, 2009 12:27pm
Quoting Ferick
So you might want to be long now . I am pretty confident my SL at 1.6364 will be run, but I will let it run. Sold it base on the fact that it has run up 380 pips in 24 hours- and RSI at 73%. If you want to short it, short from 1.6360-1.6410 with SL at 1.6430, otherwise stay away.
pretty tight stop loss to easy to get wiggled out of the market with that kinda stop. look for the next major resistance area and place stop above that so you dont get shaken out.
  • #144,838
  • Jul 9, 2009 12:30pm Jul 9, 2009 12:30pm
Quoting yakutatjack
Why werent these guys buying 300 pips ago.

Answer cause they think they have missed the move up so they start buying after it has gone past the adr. Oh I better get in. Thus why they fail. Buy tops sell bottoms.

its not new and will continue to happen day in and day out.
Yeah, I tried that. I called my Borker & told him to Sell @ the Top & buy it back @ the Bottom. He said OK & it cost me 250P in commisions. I don't think he knew where the Top would be.
  • #144,839
  • Jul 9, 2009 12:31pm Jul 9, 2009 12:31pm
Quoting Bemac
Not according to your sig. Which, btw, suggests to me that you don't listen to the clamour, You Trade what you see. Not trying to be condescending but that thought process will keep you in good standing in my book.

Trade On Bro...
I was not serious i was just hadding to the discussion in a sacartic way..

I'm still short from 6300 because I know one thing for sure buying interest is not there anymore not after that move real player will wait for a pullback to get back in, so i'm hopping for a minor pullback to the 23%fib wich bring to 6285, and then get out and see what happen.
  • #144,840
  • Jul 9, 2009 12:33pm Jul 9, 2009 12:33pm
Quoting alex1976
Yeah I agree with you guys.

This thread is good for a little forex banter, but it still is a little distracting as you can lose yourself is all the viewpoints and forget your own system.
Understand, I'm not saying it's anyones fault but my own. My choice entirely to "allow" myself the distraction. I really love FF and have learned...well...about everything I know to date here.
Ghost Rider - WWTBMD?
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