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Cable Update (GBPUSD)

  • #146,701
  • Jul 15, 2009 10:20pm Jul 15, 2009 10:20pm
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 15, 2009 10:23pm Jul 15, 2009 10:23pm
worm are you looking up or down?
  • #146,703
  • Jul 15, 2009 10:31pm Jul 15, 2009 10:31pm
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 15, 2009 10:33pm Jul 15, 2009 10:33pm
I out short @ 6385 from 6428
wait for London session then...
Angelina.
  • #146,705
  • Jul 15, 2009 10:39pm Jul 15, 2009 10:39pm
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 15, 2009 10:41pm Jul 15, 2009 10:41pm
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 15, 2009 10:48pm Jul 15, 2009 10:48pm
Quoting Nene
Joking my friend.

ne


lol ok
Thank You
  • #146,708
  • Jul 15, 2009 10:49pm Jul 15, 2009 10:49pm
Ayoyo

Very the yo yo!
Great Bodies are Engineered not Born
  • #146,709
  • Jul 15, 2009 10:50pm Jul 15, 2009 10:50pm
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 11:01pm Jul 15, 2009 10:50pm | Edited 11:01pm
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 15, 2009 10:58pm Jul 15, 2009 10:58pm
Nikkei -> 0,7 % now omg.


any ideas to prepare ahead for London session guys

Angel
  • #146,712
  • Jul 15, 2009 10:58pm Jul 15, 2009 10:58pm
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 15, 2009 11:14pm Jul 15, 2009 11:14pm
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 15, 2009 11:14pm Jul 15, 2009 11:14pm
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 15, 2009 11:17pm Jul 15, 2009 11:17pm
Prepare 4 wave iii down..moment we touch big 50.0 fib around 170, i think down we goes
  • #146,716
  • Edited 11:36pm Jul 15, 2009 11:18pm | Edited 11:36pm
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 15, 2009 11:28pm Jul 15, 2009 11:28pm
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 15, 2009 11:50pm Jul 15, 2009 11:50pm
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 15, 2009 11:58pm Jul 15, 2009 11:58pm
long guys
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  • #146,720
  • Jul 16, 2009 12:27am Jul 16, 2009 12:27am
Good MAE Everyone!
Ghost Rider - WWTBMD?
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