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Cable Update (GBPUSD)

  • #147,081
  • Jul 16, 2009 9:25pm Jul 16, 2009 9:25pm
As usual, take your profit. While it is wise to let profit run, it not wise to let it run away.

A veru good morning, afternoon, evening or night where ever you are.

May the PIPS be with us!
Great Bodies are Engineered not Born
  • #147,082
  • Jul 16, 2009 9:32pm Jul 16, 2009 9:32pm
Quoting RichLadyFX
As usual, take your profit. While it is wise to let profit run, it not wise to let it run away.

A veru good morning, afternoon, evening or night where ever you are.

May the PIPS be with us!
A rose just bloom.. good morning n may today be profitable day for u.
  • #147,083
  • Jul 16, 2009 9:38pm Jul 16, 2009 9:38pm
Quoting RichLadyFX
As usual, take your profit. While it is wise to let profit run, it not wise to let it run away.

A veru good morning, afternoon, evening or night where ever you are.

May the PIPS be with us!
this is my trade setup

i never trade based on just one single method

so i always know well in advance what are my trading ranges
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  • #147,084
  • Jul 16, 2009 10:18pm Jul 16, 2009 10:18pm
Good Morning Guys...

We may have an evening star formation on the daily chart...If our close of the day longer than the white candle before the spinning top we may have a long way down...

Also, we may have a double top on the H4 and a bearish divergence...Let's see if we break 6350...We may hit 6230 again...
Never Stop Learning...
  • #147,085
  • Jul 16, 2009 10:22pm Jul 16, 2009 10:22pm
Broke the counter trendline and should head to the bottom of the channel.

NE

Quoting Nene
I am looking for a lower high on the 15 or 30 min T/F. If we get it we could be down for the rest of the day. Want another way to look at this. There is a nice 4 hr channel forming. Don't take it lightly, this is a 400 pip channel.
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  • #147,086
  • Jul 16, 2009 10:25pm Jul 16, 2009 10:25pm
Quoting chonyc
Good Morning Guys....

There is a harami on the H1 and H4 chart which signals a reversal. This may bring us til 6325 and 6300...But if we don't clearly break 6350 we may still move up to 6500...

We fell short of 6500...
Never Stop Learning...
  • #147,087
  • Jul 16, 2009 10:29pm Jul 16, 2009 10:29pm
For scalpers!

BUY with [email protected].
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #147,088
  • Jul 16, 2009 10:30pm Jul 16, 2009 10:30pm
1.6406
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  • #147,089
  • Jul 16, 2009 10:32pm Jul 16, 2009 10:32pm
Quoting forexlion
1.6406
too damn quick
  • #147,090
  • Jul 16, 2009 10:32pm Jul 16, 2009 10:32pm
Quoting Yngwie
For scalpers!

BUY with [email protected].
Done TP at daily [email protected]. Wait to retrance and BUY again
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #147,091
  • Jul 16, 2009 10:57pm Jul 16, 2009 10:57pm
Quoting Yngwie
Done TP at daily [email protected]. Wait to retrance and BUY again
ReBuy [email protected] with [email protected]
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #147,092
  • Jul 16, 2009 11:10pm Jul 16, 2009 11:10pm
lion, do you like a sell here based on the hammer on the 1hr?
  • #147,093
  • Jul 16, 2009 11:12pm Jul 16, 2009 11:12pm
Quoting Yngwie
ReBuy [email protected] with [email protected]
closed! total pips 40 pips for 2 trades.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #147,094
  • Jul 16, 2009 11:15pm Jul 16, 2009 11:15pm
@yngwie

How 40 pips if the price didnt go above 1.6380?
  • #147,095
  • Jul 16, 2009 11:16pm Jul 16, 2009 11:16pm
Quoting Yngwie
closed! total pips 40 pips for 2 trades.

Hehe....your getting the hang of it.
Never Stop Learning...
  • #147,096
  • Jul 16, 2009 11:20pm Jul 16, 2009 11:20pm
Quoting lbr
@yngwie

How 40 pips if the price didnt go above 1.6380?
FXCM UK [email protected]

36pips + 4 pips = 40 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #147,097
  • Jul 17, 2009 12:09am Jul 17, 2009 12:09am
Quoting alex1976
lion, do you like a sell here based on the hammer on the 1hr?
i do not advise doing anything till london

even i stopped after the last long i closed earlier , 23 pips in less than 1 second
  • #147,098
  • Jul 17, 2009 12:13am Jul 17, 2009 12:13am
Monday Trade:

This is my reading for Monday, may not happen today as it is still not confirmed.
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  • #147,099
  • Jul 17, 2009 12:20am Jul 17, 2009 12:20am
Woo hoo

Once more we should see the fast track into 1.6406 and dump down from there.
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  • #147,100
  • Jul 17, 2009 12:48am Jul 17, 2009 12:48am
Quoting forexlion
Woo hoo

Once more we should see the fast track into 1.6406 and dump down from there.
gotcha !! moved like a donkey this time
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