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Cable Update (GBPUSD)

  • #148,561
  • Jul 21, 2009 6:54am Jul 21, 2009 6:54am
At NY open i expect that the market will go down again..but i probably will not trade until news are relased.

happy trading!
scFX
  • #148,562
  • Jul 21, 2009 6:55am Jul 21, 2009 6:55am
closed +11 ; SL hit
  • #148,563
  • Jul 21, 2009 6:56am Jul 21, 2009 6:56am
Quoting stewrigh
Nope I'm bearish the dollar - I'm long fiber as well.

Just don't see it going south very far - I'll just wait for a better long entry.
Okay stew. Just a heads up tho since you don't see it going south far, I don't see this going north that far for now
The usd lfx is at a strong support level, I'm looking for a strong bullish signal to confirm the bearish picture painted on the cable h4.
Have a good one bro, trade safe.

I'm outta here. later guys
Attached Image(s) (click to enlarge)
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Thank You
  • #148,564
  • Jul 21, 2009 6:56am Jul 21, 2009 6:56am
I have long @6460.. waiting for the bounce...
  • #148,565
  • Jul 21, 2009 6:57am Jul 21, 2009 6:57am
Quoting forexlion
closed +11 ; SL hit
my trailing @gj too, anyway.. gu still open. some more space to go up..
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  • #148,566
  • Jul 21, 2009 6:57am Jul 21, 2009 6:57am
Guys 1.6445 is the 38.2% retracement......

Good place to add shorts for another attack on the 1.6380 level. I'm targeting 1.6330 for this trade. As for my other short well taking her all the way.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #148,567
  • Jul 21, 2009 6:58am Jul 21, 2009 6:58am
@lion..
I tried u on Zulu but I don't understand why you keep on opening the trades...
  • #148,568
  • Jul 21, 2009 7:01am Jul 21, 2009 7:01am
Quoting scorpionFX
At NY open i expect that the market will go down again..but i probably will not trade until news are relased.

happy trading!
scFX
NY won't like what we have done to Cable this morning....

We'll leave them a Pin bar from the 4hr LTL rejection to convince a few traders to go long...and then hit their Stops.
Attached Image (click to enlarge)
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  • #148,569
  • Jul 21, 2009 7:01am Jul 21, 2009 7:01am
Quoting giribabu
@lion..
I tried u on Zulu but I don't understand why you keep on opening the trades...
i just trade 1 trade at a time, close it then spend time to plan the next

and when there is no trade i can be found on the dating sites
  • #148,570
  • Jul 21, 2009 7:02am Jul 21, 2009 7:02am
Quoting Bull_Bear
Guys 1.6445 is the 38.2% retracement......

Good place to add shorts for another attack on the 1.6380 level. I'm targeting 1.6330 for the this trade. As for my other short well taking her all the way.
Just been stopped out on my last position from this morning's short.

Considering Bernanke is speaking shortly, i expect most people will be on the sides waiting to hear what surprises he's going lumber us with.

Z
  • #148,571
  • Jul 21, 2009 7:04am Jul 21, 2009 7:04am
this is what i was worried about

this should eat the entire 30 minutes before continuing on
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  • #148,572
  • Jul 21, 2009 7:06am Jul 21, 2009 7:06am
Quoting forexlion
closed +11 ; SL hit
Before signing out, any advice to us? Long hours ahead.
Great Bodies are Engineered not Born
  • #148,573
  • Jul 21, 2009 7:07am Jul 21, 2009 7:07am
Every now and then why do I find myself waiting for the retracemet..

Can't we trade like shooting an arrow..?
  • #148,574
  • Jul 21, 2009 7:10am Jul 21, 2009 7:10am
Quoting RichLadyFX
Before signing out, any advice to us? Long hours ahead.
well considering that the most profitable time for trading GU is Tokyo open to NY open because then you can predict the moves and NY session is mostly whipsaws

just follow wormboy he can guide better.
  • #148,575
  • Jul 21, 2009 7:11am Jul 21, 2009 7:11am
Quoting zuret9
Just been stopped out on my last position from this morning's short.

Considering Bernanke is speaking shortly, i expect most people will be on the sides waiting to hear what surprises he's going lumber us with.

Z
Where did you enter, my calls and comments are continuation from certain entry points. You obviously missed the boat......
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #148,576
  • Jul 21, 2009 7:13am Jul 21, 2009 7:13am
Quoting forexlion
this is what i was worried about

this should eat the entire 30 minutes before continuing on
16 more minutes

this bugger really knows how to eat time
  • #148,577
  • Jul 21, 2009 7:14am Jul 21, 2009 7:14am
Quoting forexlion
16 more minutes

this bugger really knows how to eat time
@lion
can I hold on to my long @6460 ..?
  • #148,578
  • Jul 21, 2009 7:16am Jul 21, 2009 7:16am
Quoting forexlion
this ea

http://www.forexfactory.com/showthre...84#post2888984

is based entierly on the advanced warning system

and nope i will not advise holding longs past 6460

i just trade level to level
Hi FxLion,
Went to the link nd tried to download the EA but could'nt see any linkk to it there. Pls where can I find you Advance Warning Indicators or the EA. I'll appreciate your response pls.
In all your ways acknowledge Him and He will direct your path.
  • #148,579
  • Jul 21, 2009 7:16am Jul 21, 2009 7:16am
Quoting forexlion
just follow wormboy he can guide better.
Thanks .. but no thanks. I just share my thoughts that's all.
I don't want anyone losing on my account.
Thank You
  • #148,580
  • Jul 21, 2009 7:19am Jul 21, 2009 7:19am
Quoting wormboy
Thanks .. but no thanks. I just share my thoughts that's all.
I don't want anyone losing on my account.
Mate no one lose's because of you... its out own choice to follow what you say or not.

Myself I don follow i use what you guys say on here to confirm what i see or think.
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