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Cable Update (GBPUSD)

  • #150,481
  • Jul 24, 2009 4:05am Jul 24, 2009 4:05am
Quoting SirFrancis
Anyone want to suggest an entry point?
Mate this is an erratic market....no trend no nothing....
I am a bear all the way.....to my zone.....

Be Calm Today is friday...you might as well not trade a lot of traders loose money on fridays...so stay out untill we get a very clear direction.....

GeppyG
Let Price determine your future!
  • #150,482
  • Jul 24, 2009 4:06am Jul 24, 2009 4:06am
Quoting Yngwie
Closed@6440 (85 pips). Looking for long 1st target 6525. Waiting for good entry.
hi mate, as pa is now through 6450 the PA could now goto 6413 based on my fib pivot points....is 6525 a pivot or old support tl?

cheers again
MT
  • #150,483
  • Jul 24, 2009 4:07am Jul 24, 2009 4:07am
Quoting Geppyg
Mate this is an erratic market....no trend no nothing....
I am a bear all the way.....to my zone.....

Be Calm Today is friday...you might as well not trade a lot of traders loose money on fridays...so stay out untill we get a very clear direction.....

GeppyG
On a clear well defined trend, you say there is no trend ?????????

talk to my girlfriend then
  • #150,484
  • Edited 4:24am Jul 24, 2009 4:09am | Edited 4:24am
Quoting MrTrendy
hi mate, as pa is now through 6450 the PA could now goto 6413 based on my fib pivot points....is 6525 a pivot or old support tl?

cheers again
MT
yes agree with ya, 6413 is 61.8%
  • #150,485
  • Jul 24, 2009 4:10am Jul 24, 2009 4:10am
I'm going long target 1.6640
  • #150,486
  • Jul 24, 2009 4:10am Jul 24, 2009 4:10am
Quoting MrTrendy
hi mate, as pa is now through 6450 the PA could now goto 6413 based on my fib pivot points....is 6525 a pivot or old support tl?

cheers again
MT
yeah down more.. maybe it will retrace a little bit.. before down more.. it just a old support..
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #150,487
  • Jul 24, 2009 4:11am Jul 24, 2009 4:11am
Quoting Geppyg
Mate this is an erratic market....no trend no nothing....
I am a bear all the way.....to my zone.....

Be Calm Today is friday...you might as well not trade a lot of traders loose money on fridays...so stay out untill we get a very clear direction.....

GeppyG
Yeh, wach the yanks come in later and turn it around. you think they give a shit about GBP news. life is rosey for them aparently. so bears make the most of it.

just agreeing with you by the way about being friday and anything hapens.
  • #150,488
  • Jul 24, 2009 4:11am Jul 24, 2009 4:11am
Quoting Yngwie
yeah down more.. maybe it will retrace a little bit.. before down more.. it just a old support..
cool, cheers for coming back.

MT
  • #150,489
  • Jul 24, 2009 4:12am Jul 24, 2009 4:12am
Quoting grashid
...1.6350 middle line back? Just watch how she bring us..
GDP worst... ...expected...
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  • #150,490
  • Jul 24, 2009 4:14am Jul 24, 2009 4:14am
Quoting MrTrendy
cool, cheers for coming back.

MT
gone long @ 6450 sl 6424 1st tp 6508

cheers MT
  • #150,491
  • Jul 24, 2009 4:14am Jul 24, 2009 4:14am
Quoting Angelina
yes agree with ya, 6413 is 68%
Angelina, 68% or 61.8%?
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #150,492
  • Jul 24, 2009 4:15am Jul 24, 2009 4:15am
Quoting Yngwie
yeah down more.. maybe it will retrace a little bit.. before down more.. it just a old support..
Watch n see ur M5/M15....then u will know what i mean
  • #150,493
  • Jul 24, 2009 4:20am Jul 24, 2009 4:20am
Quoting Yngwie
Angelina, 68% or 61.8%?
lolz 61.8% wrong bro sorry
EG now between 61.8 and 50% now I keep eye here for both sides if breaks back 50% mean long GU break 61.8 i'll wait for 6413 area go long.
  • #150,494
  • Jul 24, 2009 4:27am Jul 24, 2009 4:27am
Quoting Angelina
lolz 61.8% wrong bro sorry
EG now between 61.8 and 50% now I keep eye here for both sides if breaks back 50% mean long GU break 61.8 i'll wait for 6413 go long.
yes.. good idea. But maybe wait for candle close. Now... in a long mode. I still thinking it will going down more because of shape of the candle. see how..
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #150,495
  • Jul 24, 2009 4:29am Jul 24, 2009 4:29am
Quoting Angelina
lolz 61.8% wrong bro sorry
EG now between 61.8 and 50% now I keep eye here for both sides if breaks back 50% mean long GU break 61.8 i'll wait for 6413 area go long.
got out BE on that long I had - agree with you that 6413 would be the more conservative target to aim for....
  • #150,496
  • Jul 24, 2009 4:30am Jul 24, 2009 4:30am
Quoting grashid
Watch n see ur M5/M15....then u will know what i mean
possible .. what's your target bro?
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #150,497
  • Jul 24, 2009 4:33am Jul 24, 2009 4:33am
Quoting Yngwie
possible .. what's your target bro?
no GU trade today mate...only GY from 157.58/25 XXX....from yesterday...still holding it....but if u ask me..1.6365 S3 looh possible and need to break my red line of 1.6415....Good luck
  • #150,498
  • Jul 24, 2009 4:34am Jul 24, 2009 4:34am
Quoting grashid
no GU trade today mate...only GY from 157.58/25 XXX....from yesterday...still holding it....but if u ask me..1.6365 S3..Good luck
agreed - bullish butterfly on 15min tf - 79 pip range!!!! possible long entry at 6357....i'm staying out....(for now)
  • #150,499
  • Jul 24, 2009 4:39am Jul 24, 2009 4:39am
Quoting forexlion
Girlfriend
Hey bud,

can you please post that red, blue and red indicator ?

thanks
  • #150,500
  • Jul 24, 2009 4:49am Jul 24, 2009 4:49am
Quoting forexlion
On a clear well defined trend, you say there is no trend ?????????

talk to my girlfriend then
Hi mate,

Do you every get anything wrong ?

Just a question
Let Price determine your future!
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