Cable Update (GBPUSD) | Page 7626 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #152,501
  • Jul 29, 2009 10:33am Jul 29, 2009 10:33am
Quoting grashid
M5/M15 is my entry point..Since last 2 week I more scalping rather than swing..almost 70% of that with 50-100pips target...

H4/H1 is my retracement point......

Daily/weekly/Monthly is my overall overview
Thank you sir...
Ghost Rider - WWTBMD?
  • #152,502
  • Jul 29, 2009 10:35am Jul 29, 2009 10:35am
Quoting primzvicious
yeah that just you keep supporting me buddy.. Thx
well I have all the time in the world since i'm flat cable and only have a small position on dragon. thought i'd play the cheerleading role here lol
Still you did the right thing

p/s: I'd still be uber pissed if cable reach 6300 today. Not gonna lie about that lol
Thank You
  • #152,503
  • Jul 29, 2009 10:37am Jul 29, 2009 10:37am
Quoting wormboy
usd chf looked like it just took a bottle of viagra
long since 1.0735 now feels tired lol
  • #152,504
  • Jul 29, 2009 10:39am Jul 29, 2009 10:39am
This is not mean anythings nor to be proud for..that is why am not put how much i got as am worried people will say am crazy or show off...

But the moral is that..Keep patient and only go for your entry if your r really sure on the PA trend...

Keep check for all TF before any new entry and avoing 15/30 before or after news...Try to use M5/M15 as entry point and make SL BE +1/10 or what ever u want after 3-4 bar in M15...then use step by step profit target...Overall this month not really much i can do..just only 92.49% from June equity..perhaps i can do more in Aug....

Importantly is must control your emotion and good in Money management...

Remember..Forex is long tern business...and not today trade tomorrow we will become millionare....once u have higher equity..u can play how many lot u want..but still disiplin n mm is the key...

I'll out in GU and may visit my Aus for my Maria....Anything else i can help just give me a PA and i will share what i can....Good luck to all and may all of us success in our forex business....Take Care
Attached Image (click to enlarge)
Click to Enlarge Name: July Month End Summary.JPG Size: 46 KB
  • #152,505
  • Jul 29, 2009 10:41am Jul 29, 2009 10:41am
if we closed under 1.6360 , could we see 1.6220 2omorow
ofcourse with a littel help in Asia
  • #152,506
  • Jul 29, 2009 10:41am Jul 29, 2009 10:41am
Quoting albchr
Thank you sir...
  • #152,507
  • Jul 29, 2009 10:47am Jul 29, 2009 10:47am
Quoting Faryad
long since 1.0735 now feels tired lol
that'll look good in the account!
Thank You
  • #152,508
  • Jul 29, 2009 10:48am Jul 29, 2009 10:48am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Right folks, did anyone enjoyed the ride from 64500? I did for both EU and GU. It was little tricky but I knew 64500 has to be touched before it goes down. Even PA says goodbye to it's estranged lover/pivot before it departs for a long period, lol. I am long on EU atm as it's oversold. might give 50 pip back.
  • #152,509
  • Jul 29, 2009 10:58am Jul 29, 2009 10:58am
Becarefull for all those long term buy...Scalp should be fine with max 30-50pips...

Interesting to see my Daily gold trend and what H4 GU told us....

Current H4 was very interesting bar for me atm....

We should see before end week to my LTL yellow line ~ 1.6280 before tanking next week I believe ..by my green line will be the key level to be test....we just need today to be close below 1.6350 area....for bearish continuiation...


Good luck
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.JPG Size: 119 KB
Click to Enlarge Name: 2.JPG Size: 116 KB
Click to Enlarge Name: 3.JPG Size: 115 KB
Click to Enlarge Name: 4.JPG Size: 104 KB
  • #152,510
  • Jul 29, 2009 11:04am Jul 29, 2009 11:04am
Quoting grashid
This is not mean anythings nor to be proud for..that is why am not put how much i got as am worried people will say am crazy or show off...

But the moral is that..Keep patient and only go for your entry if your r really sure on the PA trend...

Keep check for all TF before any new entry and avoing 15/30 before or after news...Try to use M5/M15 as entry point and make SL BE +1/10 or what ever u want after 3-4 bar in M15...then use step by step profit target...Overall this month not really much i can do..just only 92.49% from June equity..perhaps...
THANK YOU MEN !!!!
  • #152,511
  • Jul 29, 2009 11:06am Jul 29, 2009 11:06am
Quoting grashid
This is not mean anythings nor to be proud for..that is why am not put how much i got as am worried people will say am crazy or show off...

But the moral is that..Keep patient and only go for your entry if your r really sure on the PA trend...

....Take Care

Solid work!
focus pays off.

Keep up the great work, brother...
Hear the music before the song is over ...
  • #152,512
  • Jul 29, 2009 11:08am Jul 29, 2009 11:08am
Quoting grashid
This is not mean anythings nor to be proud for..that is why am not put how much i got as am worried people will say am crazy or show off...

But the moral is that..Keep patient and only go for your entry if your r really sure on the PA trend...

Keep check for all TF before any new entry and avoing 15/30 before or after news...Try to use M5/M15 as entry point and make SL BE +1/10 or what ever u want after 3-4 bar in M15...then use step by step profit target...Overall this month not really much i can do..just only 92.49% from June equity..perhaps...
Excellent work!
Just digging in the trenches like everyone else!
  • #152,513
  • Jul 29, 2009 11:10am Jul 29, 2009 11:10am
Quoting grashid
Becarefull for all those long term buy...Scalp should be fine with max 30-50pips...

Interesting to see my Daily gold trend and what H4 GU told us....

Current H4 was very interesting bar for me atm....

We should see before end week to my LTL yellow line ~ 1.6280 before tanking next week I believe ..by my green line will be the key level to be test....we just need today to be close below 1.6350 area....for bearish continuiation...


Good luck
Your charts scare the crap out of me but you are doing a great job! Keep it up!
  • #152,514
  • Jul 29, 2009 11:12am Jul 29, 2009 11:12am
Quoting albchr
Yeah, I discovered last week that I need to learn how to do that. When demoing, My thinking was I didn't want to be a scalper. Much like you, I was always focused on trying to find setups for at least 50 but more like usually 100 or more. The conditions this month have made that challenging for sure.

I got use to trading from the 1H & 4H and never dropped below that. So much learn yet.

Thank you...
Chris,

Are you on board yet?
Hear the music before the song is over ...
  • #152,515
  • Jul 29, 2009 11:18am Jul 29, 2009 11:18am
Fede, GM, Oe,Cal..Thanks a lot....I need to go...see u then...
Gud nite...
  • #152,516
  • Jul 29, 2009 11:22am Jul 29, 2009 11:22am
I think the long term is the best way to handle this market in the coming months. GBP will break out to a high of 1.7330 area and from there things get a little strange. Short term break lower from 1.6200
could be double dip in econ. Thoughts?????


  • #152,517
  • Jul 29, 2009 11:27am Jul 29, 2009 11:27am
  •  zykas
  • | Joined Oct 2008 | Status: ... measure thrice, but cut once | 196 Posts
Quoting grashid
But the moral is that..Keep patient and only go for your entry if your r really sure on the PA trend...

Keep check for all TF before any new entry and avoing 15/30 before or after news...Try to use M5/M15 as entry point and make SL BE +1/10 or what ever u want after 3-4 bar in M15...then use step by step profit target...Overall this month not really much i can do..just only 92.49% from June equity..perhaps i can do more in Aug....

Importantly is must control your emotion and good in Money management...

Remember..Forex is long tern business.........

Youve shown me that it can actually be done, Ill remember this...congrate man.
I like the Big Dogs because I trade like them
  • #152,518
  • Jul 29, 2009 11:34am Jul 29, 2009 11:34am
Quoting GlobalMacro
Chris,

Are you on board yet?

No buddy. Not sure if it's gonna turn at 6400 or keep going. Also, things wind down pretty good around this time and I always find it hard to figure what's up when they do. You're long off the bottom I take it?

Just watching the 15M and trying to learn some.
Ghost Rider - WWTBMD?
  • #152,519
  • Jul 29, 2009 11:40am Jul 29, 2009 11:40am
Quoting albchr
No buddy. Not sure if it's gonna turn at 6400 or keep going. Also, things wind down pretty good around this time and I always find it hard to figure what's up when they do. You're long off the bottom I take it?

Just watching the 15M and trying to learn some.
I reloaded just around the bottom...I like 1.6400 at least for 2day...it's rock solid
2moro is different story...
still not too late to join the party...at least towards the highs...
Hear the music before the song is over ...
  • #152,520
  • Jul 29, 2009 11:46am Jul 29, 2009 11:46am
Quoting GlobalMacro
I reloaded just around the bottom...I like 1.6400 at least for 2day...it's rock solid
2moro is different story...
still not too late to join the party...at least towards the highs...

Right now it's looking like a shot at 6420 again. I have an S/R and TL right there so I'm thinking a small short from there maybe.
Ghost Rider - WWTBMD?
224 traders viewing now