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Cable Update (GBPUSD)

  • #152,901
  • Jul 30, 2009 6:56am Jul 30, 2009 6:56am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Tomorrow is going be deadly and month end!!

Whatever happens today could be a prepration for tomorrow and it could very well indicate what will happen in August.
  • #152,902
  • Jul 30, 2009 6:59am Jul 30, 2009 6:59am
Quoting stewrigh
Hey - I think we agree
Thank You
  • #152,903
  • Jul 30, 2009 7:01am Jul 30, 2009 7:01am
Quoting wormboy
We're in business Wormie, I have sell signal confirmation.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #152,904
  • Jul 30, 2009 7:01am Jul 30, 2009 7:01am
I am shorting from 6521 i just grab 45 pips. I will make again a position after news maybe for short again.
Trade only what i see
  • #152,905
  • Jul 30, 2009 7:02am Jul 30, 2009 7:02am
Quoting Bull_Bear
We're in business Wormie, I have sell signal confirmation.
yea bb. I see the "deathstar".
Thank You
  • #152,906
  • Jul 30, 2009 7:11am Jul 30, 2009 7:11am
All I have to hope for now is no stupid news spike takes me out...
Ghost Rider - WWTBMD?
  • #152,907
  • Jul 30, 2009 7:13am Jul 30, 2009 7:13am
Quoting albchr
All I have to hope for now is no stupid news spike takes me out...
I agree, however it is not a good way to trade.

Learning the hard way again....
  • #152,908
  • Jul 30, 2009 7:14am Jul 30, 2009 7:14am
Quoting Turveyd
Yep I have a 15min after news cool off period.
Brilliant idea...
  • #152,909
  • Jul 30, 2009 7:16am Jul 30, 2009 7:16am
Quoting qp2
I agree, however it is not a good way to trade.

Learning the hard way again....
Huh?
Ghost Rider - WWTBMD?
  • #152,910
  • Jul 30, 2009 7:17am Jul 30, 2009 7:17am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Not to worry Chris, unless you are in a very tight SL range, it will come down.
Atleast to say bye to 6400. Else we know.

If it goes down I would add another on 6462xx





Quoting albchr
All I have to hope for now is no stupid news spike takes me out...
  • #152,911
  • Jul 30, 2009 7:18am Jul 30, 2009 7:18am
sweating on a news announcement that has a 50 50% probability of taking a trade out on a spike.........
  • #152,912
  • Jul 30, 2009 7:19am Jul 30, 2009 7:19am
Man, I don't know where your star is. But there are a nice pair of Bearish Tweezers on the 1 hr here.

Ne

Quoting rastapips
and a nice star is forming in H1

hope its the real one !!
Attached Image (click to enlarge)
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  • #152,913
  • Jul 30, 2009 7:19am Jul 30, 2009 7:19am
Huh would anyone care to tell me how can I attach a chart .......
Better safe than sorry
  • #152,914
  • Jul 30, 2009 7:20am Jul 30, 2009 7:20am
Quoting TRFoti
I am shorting from 6521 i just grab 45 pips. I will make again a position after news maybe for short again.
waiting for spike down
ROBOT FOREX
  • #152,915
  • Jul 30, 2009 7:21am Jul 30, 2009 7:21am
Quoting ams
Not to worry Chris, unless you are in a very tight SL range, it will come down.
Atleast to say bye to 6400. Else we know.

If it goes down I would add another on 6462xx

I'm short at 6520 and at BE+1. I think it's ok but I've seen the news do some crazy things...LOL
Ghost Rider - WWTBMD?
  • #152,916
  • Jul 30, 2009 7:22am Jul 30, 2009 7:22am
Quoting Forbes55
waiting for spike down

...Now that's my kind of thinking....
Ghost Rider - WWTBMD?
  • #152,917
  • Jul 30, 2009 7:23am Jul 30, 2009 7:23am
So - now not only are we trying to pick the top we're trying to second guess the news.

Crazy or what...
  • #152,918
  • Jul 30, 2009 7:23am Jul 30, 2009 7:23am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Fantastic point to go short...
It's now preparing to come down again...see how the price is going up...folks who want to short are buying and sellers want best price for their money!!



Quoting albchr
I'm short at 6520 and at BE+1. I think it's ok but I've seen the news do some crazy things...LOL
  • #152,919
  • Jul 30, 2009 7:24am Jul 30, 2009 7:24am
No signal yet so could go either way.
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  • #152,920
  • Jul 30, 2009 7:25am Jul 30, 2009 7:25am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
This kind of news has temp effect Steve for 5 min,15 min chart traders. Not for long term trading.



Quoting stewrigh
So - now not only are we trying to pick the top we're trying to second guess the news.

Crazy or what...
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