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Cable Update (GBPUSD)

  • #146,701
  • Jul 16, 2009 12:20am Jul 16, 2009 12:20am
It looks like we are at the TOP of the New H4 Trend line so I am short @ 1.6448 from yesterday, looking for 1.6200 TP.
Attached Image (click to enlarge)
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  • #146,702
  • Jul 16, 2009 12:23am Jul 16, 2009 12:23am
worm are you looking up or down?
  • #146,703
  • Jul 16, 2009 12:31am Jul 16, 2009 12:31am
Quoting Nene
For those interested.
Nene, if i was you i would remove the indicater you posted. i wish to warn people not to downloaded it. It causes platforms to crasH
  • #146,704
  • Jul 16, 2009 12:33am Jul 16, 2009 12:33am
I out short @ 6385 from 6428
wait for London session then...
Angelina.
  • #146,705
  • Jul 16, 2009 12:39am Jul 16, 2009 12:39am
Joking my friend.

ne
Quoting wormboy
Wtf are you on about? You want to point out where I said you were crazy?
  • #146,706
  • Jul 16, 2009 12:41am Jul 16, 2009 12:41am
Hi alex. Looking up. Price is just consolidating above my h4 ltl. I'll short if there's breakout to the downside, till that happens, I'll be happy to hold on to my long positions.
Thank You
  • #146,707
  • Jul 16, 2009 12:48am Jul 16, 2009 12:48am
Quoting Nene
Joking my friend.

ne


lol ok
Thank You
  • #146,708
  • Jul 16, 2009 12:49am Jul 16, 2009 12:49am
Ayoyo

Very the yo yo!
Great Bodies are Engineered not Born
  • #146,709
  • Jul 16, 2009 12:50am Jul 16, 2009 12:50am
Quoting Clouds
NZD has no problems dropping. I think it's just a matter of time before GBP drops, wait for London, when pounds are actually on the market.
This is baffling...
Great Bodies are Engineered not Born
  • #146,710
  • Edited 1:01am Jul 16, 2009 12:50am | Edited 1:01am
any1 looks at stock??? Nikkie got back to 1% from 2% + lolz.


signal for downside?????

A big drop coming???!!??

but trend still up lolz


Angel
  • #146,711
  • Jul 16, 2009 12:58am Jul 16, 2009 12:58am
Nikkei -> 0,7 % now omg.


any ideas to prepare ahead for London session guys

Angel
  • #146,712
  • Jul 16, 2009 12:58am Jul 16, 2009 12:58am
Quoting MoForce
GU doesn't want to go down, but this also means we might see a good bounce around 1.6370 which would take us up up and away! Careful going short... for now =P
bounce area possibility adjusted to 1.6360-1.6370. Not much of an adjustment I know lol.
  • #146,713
  • Jul 16, 2009 1:14am Jul 16, 2009 1:14am
Quoting Angelina
Nikkei -> 0,7 % now omg.


any ideas to prepare ahead for London session guys

Angel
I have an idea ... be cool
Thank You
  • #146,714
  • Jul 16, 2009 1:14am Jul 16, 2009 1:14am
Thanks god just closed my short n open long.. any recommendation TP guys?
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #146,715
  • Jul 16, 2009 1:17am Jul 16, 2009 1:17am
Prepare 4 wave iii down..moment we touch big 50.0 fib around 170, i think down we goes
  • #146,716
  • Edited 1:36am Jul 16, 2009 1:18am | Edited 1:36am
Quoting forexlion
the things you learn by doing your own hard work, you never learn elsewhere and in the long run it pays far far more because then you know what you are doing,

Good wishes to you.
Nice to meet you. and thanks for the advice. I'm of the same mind about people putting their own hard work in. The only people who get free lunch are my kids. lol

Where in India do you live? I've been there many times, mostly in Bangalore, Pune, and New Delhi. I really like India, it's a wonderful place.


Anyway, opened a long on the Cable at 6730 and Dragon at 153.8 but watching them closely. see if the DP holds.

EDIT: closed my longs . 40 pips TP. It could go either way still. we're sitting right on the 10 sma on the 5M, both GY and GU.
  • #146,717
  • Jul 16, 2009 1:28am Jul 16, 2009 1:28am
Quoting Yngwie
Thanks god just closed my short n open long.. any recommendation TP guys?
Be careful. this could be a bull trap or stop taking. don't chase the market. Asia trend might continue
  • #146,718
  • Jul 16, 2009 1:50am Jul 16, 2009 1:50am
I remain bullish, I see a possible reversal around 6360 due to 50% fib level and major pivot @ 6/8ths Murray math level. TP @ 1.6461

We are still in an upward channel so have no reason to short @ this time.

May all your pips be +
  • #146,719
  • Jul 16, 2009 1:58am Jul 16, 2009 1:58am
long guys
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  • #146,720
  • Jul 16, 2009 2:27am Jul 16, 2009 2:27am
Good MAE Everyone!
Ghost Rider - WWTBMD?
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