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Cable Update (GBPUSD)

  • #145,561
  • Jul 13, 2009 3:50am Jul 13, 2009 3:50am
Quoting Macedonia
Here is the problem. we have G/U at daily gann 1.6069. AUS/USD at weekly gann 7725. On top of this you have eur/usd finding buyers. its the USD v the world. you cant have one US pair going one way and the rest another. very unusual if it does. you should expect a bit of hesitation on gann lines. will it break? yes, but all pairs or none. when? milion dollar question, but will not long evan if i use your money and will short once my criteria of breaking gann hapens.
thanks for post, right now i see the pound capped at 6100, and i see it as a rabbit in a hole with 5 holes to exit, but also 5 snipers
  • #145,562
  • Jul 13, 2009 3:58am Jul 13, 2009 3:58am
Quoting Bull_Bear
Hey Bro, I was looking at my trading system signal supported by 1.6150 support, 1.6450 is the 61.8% retracement. My signal failed me this time however it did reverse itself. Not to worry -50pips start and +36pips on EUR with a total loss of -14pips to kick the week off.
Okay. Don't matter if the system fails you as long as you don't fail in the managing risk department
Good luck with the euro short bro
Thank You
  • #145,563
  • Jul 13, 2009 4:02am Jul 13, 2009 4:02am
Quoting wormboy
Okay. Don't matter if the system fails you as long as you don't fail in the managing risk department
Good luck with the euro short bro
All good bro, money mngt all under control, no emotions let her run.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #145,564
  • Jul 13, 2009 4:04am Jul 13, 2009 4:04am
Previous hour candle closed below 6070, i take it that it will visit 6000, if eur doesn't start climbing towards 1400. i'm bit confused by PA and wondering what is expected from Trichet in 1.5. hours?!
  • #145,565
  • Jul 13, 2009 4:07am Jul 13, 2009 4:07am
Quoting Endrju
Previous hour candle closed below 6070, i take it that it will visit 6000, if eur doesn't start climbing towards 1400. i'm bit confused by PA and wondering what is expected from Trichet in 1.5. hours?!
trichet is going to say he just go back from the strip club, and was surprised that it only cost 10 euros to get a lap dance, and to not tell ANYONE the euro has gone down in value.
  • #145,566
  • Jul 13, 2009 4:13am Jul 13, 2009 4:13am
Step By Step. next tp target 1.6033
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 17 KB
  • #145,567
  • Jul 13, 2009 4:20am Jul 13, 2009 4:20am
ouch..was thinkin short below 6050..almost there
  • #145,568
  • Jul 13, 2009 4:22am Jul 13, 2009 4:22am
Quoting Endrju
Previous hour candle closed below 6070, i take it that it will visit 6000, if eur doesn't start climbing towards 1400. i'm bit confused by PA and wondering what is expected from Trichet in 1.5. hours?!
daily gann is at 6066 to be exact. so 6070 close is no big deal. Thats if and only if you have faith in the gann. if not, don't wary about this figure. ignore it at your own perill.

i am not sugesting it will not break, mabe Trichet will help smash it.
  • #145,569
  • Jul 13, 2009 4:23am Jul 13, 2009 4:23am
Quoting goga
ouch..was thinkin short below 6050..almost there
well why dont u wait until 1.6000? then just see what will happen.. 6050 is to steep.. just calm down bro.. u will get your chance.. eventually..
  • #145,570
  • Jul 13, 2009 4:25am Jul 13, 2009 4:25am
Quoting goga
ouch..was thinkin short below 6050..almost there
Me too!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #145,571
  • Jul 13, 2009 4:28am Jul 13, 2009 4:28am
Quoting Macedonia
daily gann is at 6066 to be exact. so 6070 close is no big deal. Thats if and only if you have faith in the gann. if not, don't wary about this figure. ignore it at your own perill.

i am not sugesting it will not break, mabe Trichet will help smash it.
i'm sorry, but i'm not familiar with a term - gann, what is it? i'm still thinking about downside, becouse except Trichet, i can't see any reasons to go up, dow&oil down (not much, but still down), to climb up i think there is needed a lower figure, which could triger way up. Not sure,but gonna stick to my plan avg short 1615.
  • #145,572
  • Jul 13, 2009 4:29am Jul 13, 2009 4:29am
Quoting mloistianto
well why dont u wait until 1.6000? then just see what will happen.. 6050 is to steep.. just calm down bro.. u will get your chance.. eventually..
Hey.. dont wait until 1.6000.. why not short now.. haha.. kiddin
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #145,573
  • Jul 13, 2009 4:31am Jul 13, 2009 4:31am
Quoting goga
ouch..was thinkin short below 6050..almost there
GBP daily range is about 200 pips, why have you waited so long to short, when the "average" daily range has almost been met already. That's not to say it might not drop any further, 'cause we do have 400 pip days sometimes, but it seems a bit late.
  • #145,574
  • Jul 13, 2009 4:33am Jul 13, 2009 4:33am
I read a book about soros, and he always used to ask his partner two questions. For instance, he was in a buy position, he'd ask. Should we buy more? Should we sell some? I think the time now is to ask the question , should we sell more? )))
  • #145,575
  • Jul 13, 2009 4:34am Jul 13, 2009 4:34am
took long @ 6060 with sl 6048 to lock in profit, if it's gonna go down it will go till 6000, or at least 6030, so i'm gonna get back 12 pips any way
  • #145,576
  • Jul 13, 2009 4:37am Jul 13, 2009 4:37am
Quoting GodfreyH
GBP daily range is about 200 pips, why have you waited so long to short, when the "average" daily range has almost been met already. That's not to say it might not drop any further, 'cause we do have 400 pip days sometimes, but it seems a bit late.
Agree.. wait until 1.6000 then we can go long.. to catch the uptrend. I'm shorting now btw since 1.6100.. few trades already opened...
  • #145,577
  • Jul 13, 2009 4:38am Jul 13, 2009 4:38am
Quoting Endrju
took long @ 6060 with sl 6048 to lock in profit, if it's gonna go down it will go till 6000, or at least 6030, so i'm gonna get back 12 pips any way
twelve wasted pips
  • #145,578
  • Jul 13, 2009 4:39am Jul 13, 2009 4:39am
Quoting Endrju
twelve wasted pips
well, dont buy when a daily candle is down, wait till a daily candle is up!
  • #145,579
  • Jul 13, 2009 4:41am Jul 13, 2009 4:41am
Quoting Clouds
well, dont buy when a daily candle is down, wait till a daily candle is up!
What do you think about usdjpy this week?
  • #145,580
  • Jul 13, 2009 4:43am Jul 13, 2009 4:43am
Morning everyone....
Ghost Rider - WWTBMD?
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