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Cable Update (GBPUSD)

  • #152,841
  • Jul 30, 2009 5:46am Jul 30, 2009 5:46am
Quoting wormboy
welp 6500 is still playing nice.
Thats right Wormie....

BIG Chris has got one on top of us sitting @ 1.6420......
I wanna see my 1.6220 by friday..... She must take that 1.6400 level to the downside. That 1.6400 is been messing with my head all week.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #152,842
  • Jul 30, 2009 5:46am Jul 30, 2009 5:46am
Quoting Forbes55
who first awake strong greedy North American bears now - will get the honourable prize and it's called "Don't cheat with me Pound - I always win"
i will kick it's butt if i can LOL
- Always pray on your trading - God know the best for everyone
  • #152,843
  • Jul 30, 2009 5:47am Jul 30, 2009 5:47am
Quoting qp2
Hi Guys,
Iam still here still short and added to my position, I am looking at things in fairly simple terms.

We ahve had 2 previous down days, it is not unreasonable to expect this to be an up day.

It is at present though an extreame up compared with the last few bars, to expect an average bar and average top wick is not unreasonable.

To expect a daily reversal is not unreasonable.

I have work tomorrow and would dearly like to be in bed, but I feel, not only can I get my money back I can make a profit, and yes I was terribly unwise to anticipate...
http://www.google.com/images?q=tbn:C...4c2c11b1_m.jpg
  • #152,844
  • Jul 30, 2009 5:47am Jul 30, 2009 5:47am
Quoting zhangli
very kind words.
Have a nice sleep.
Thank you for your nice sentiment, but I am staying up, it is the price that must be paid for having traded badly, I try to have myself sorted earlier with sl and tp after the first 2 hours of the london open, but am tired and unable to rest at present. ( bad trades stress me)

Some how the sleep after haveing got it right is so sweet.

I will wait.

Keep you posted...
  • #152,845
  • Jul 30, 2009 5:50am Jul 30, 2009 5:50am
Quoting Bull_Bear
Thats right Wormie....

BIG Chris has got one on top of us sitting @ 1.6420......
I wanna see my 1.6220 by friday..... She must take that 1.6400 level to the downside. That 1.6400 is been messing with my head all week.

.....my target buddy.....

But I won't kid you. Nerves rattled and at BE+1 already. Probably too soon.
Ghost Rider - WWTBMD?
  • #152,846
  • Jul 30, 2009 5:53am Jul 30, 2009 5:53am
Can someone help me out here - I think I must be missing something...

I've looked at every timeframe over H1 and in all of them the trend is up.

Why then does everyone here keep trying to call a top - am I missing something.

Yeah it might pullback - but leave it alone til it does and get on with the trend not against.

Maybe I missed something - can someone post a chart(not m1 plse) to show the downtrend.
  • #152,847
  • Jul 30, 2009 5:55am Jul 30, 2009 5:55am
OK bears just got awaken and ready to imply their big north american power on this stupid market
ROBOT FOREX
  • #152,848
  • Jul 30, 2009 5:56am Jul 30, 2009 5:56am
Quoting Bull_Bear
Thats right Wormie....

BIG Chris has got one on top of us sitting @ 1.6420......
I wanna see my 1.6220 by friday..... She must take that 1.6400 level to the downside. That 1.6400 is been messing with my head all week.
You want that beer reaalll bad i can tell bro
Thank You
  • #152,849
  • Jul 30, 2009 5:56am Jul 30, 2009 5:56am
Quoting stewrigh
Can someone help me out here - I think I must be missing something...

I've looked at every timeframe over H1 and in all of them the trend is up.

Why then does everyone here keep trying to call a top - am I missing something.

Yeah it might pullback - but leave it alone til it does and get on with the trend not against.

Maybe I missed something - can someone post a chart(not m1 plse) to show the downtrend.

Fully agreed.
We will see 1.66/1.67 zone certainly very fast...
  • #152,850
  • Jul 30, 2009 5:57am Jul 30, 2009 5:57am
Quoting zhangli
I sell at 16400 during the sell signal, profit stop at 16360 then I was working.
Now I am back and find the lowest price is 16365, and the current price is 16510,

and it seems H4 has a big rise.should I loss cut?

Thanks in advance.

well gbp hi low was at 1,6338. u shud hit the target already
if you want to cut loss better not now. find better price. its goin down already
  • #152,851
  • Jul 30, 2009 5:58am Jul 30, 2009 5:58am
[
Maybe I missed something - can someone post a chart(not m1 plse) to show the downtrend.[/quote]

You are missing nothing, I was anticipating an event that did not happen on time.

What goes up must come down is not TA, but it how I called it, things are starting to come right, not due to any real skill, unfortuantly.

Trust me on this I am repenting.
  • #152,852
  • Jul 30, 2009 6:00am Jul 30, 2009 6:00am
bear is ready to rumbleeeeee heheheh ...the action start NOWWWWw
  • #152,853
  • Jul 30, 2009 6:01am Jul 30, 2009 6:01am
Quoting albchr
.....my target buddy.....

But I won't kid you. Nerves rattled and at BE+1 already. Probably too soon.
Just on target, anywhere 2-3 times (bonus if more) your SL is good Risk / Reward, now that your using the new pip SL.

I generally move to break even if resistance / support has been taken

I NEVER add if i'm in a losing trade, let your SL take you out
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #152,854
  • Jul 30, 2009 6:01am Jul 30, 2009 6:01am
Quoting rastapips
and a nice star is forming in H1

hope its the real one !!
I am just warried about this corupt market that is hapening lately. i am hopeing for a fall aswell rastapips but what is the bet the news will spoil it. no matter what results come out its going to be covered with strawberies and cream by corupt lyeing bastards.

previous was 554k expected 578k

A) now if it comes out 578k, they will say "oh thats good came out as expected" HELLOOOOOO, ITS STILL WORSE!

B) if it comes out less than 578k they will say "wow beter than expected" HELLOOO ITS STILL BAD!

C) if it comes out a little worse they will say, "ok its slightly worse than expected BUT its not drasticly worse @#$%^$##

so is there a senario where it will help bears? been there done that.
  • #152,855
  • Jul 30, 2009 6:02am Jul 30, 2009 6:02am
Quoting wormboy
You want that beer reaalll bad i can tell bro
Real Bad...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #152,856
  • Jul 30, 2009 6:02am Jul 30, 2009 6:02am
Quoting dswk

Fully agreed.
We will see 1.66/1.67 zone certainly very fast...
in the end of next week maybe
reversal strategy in most cases work - if Europe make smth higher, then Americans will do it opposite the same day and vice versa
ROBOT FOREX
  • #152,857
  • Jul 30, 2009 6:02am Jul 30, 2009 6:02am
Quoting ranhat007
bear is ready to rumbleeeeee heheheh ...the action start NOWWWWw

bears have wings?
  • #152,858
  • Jul 30, 2009 6:03am Jul 30, 2009 6:03am
Quoting stewrigh
Can someone help me out here....
here you go my friend

http://www.forexfactory.com/attachme...1&d=1248460512
Attached Image (click to enlarge)
Click to Enlarge Name: guh4.JPG Size: 82 KB
Thank You
  • #152,859
  • Jul 30, 2009 6:05am Jul 30, 2009 6:05am
I reckon next 20 mins or so it will retrace back past 6500 mark and then boom.....

Bears will come rolling down the hill....

Make or break time If it rises within the next couple of minutes...Sell will be postponed
  • #152,860
  • Jul 30, 2009 6:05am Jul 30, 2009 6:05am
Quoting wormboy
here you go my friend

http://www.forexfactory.com/attachme...1&d=1248460512
....I knew you'd post that or the daily....
Ghost Rider - WWTBMD?
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