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Cable Update (GBPUSD)

  • #155,341
  • Aug 5, 2009 9:33am Aug 5, 2009 9:33am
Quoting mktjong
I am fine ..still not trading yet .. would be soon. My post about "rumour" I heard about market is gonna tank on Wed seems to be true
after yesterday only able to get GU in +10pips and GY +450pips in 5 lot and close shop temporary....aiseh...lI saw look like rocket will lounch soon? market ranging and tanking like hell perhaps will happen tomorrow till NFP..What do u think mate..no trade atm but still bear bias
  • #155,342
  • Aug 5, 2009 9:33am Aug 5, 2009 9:33am
My status has never changed. Just a news spike down.


Quoting direct-trade
http://www.forexfactory.com/showpost.php?p=2931310&postcount=155178

http://www.forexfactory.com/showpost...stcount=155187

No surprises there then (in posts above), rise through 17000 to 17043 and drop as planned.


And nice little Short on GBP/JPY at 16240/50 resistance, currently at 16062: http://www.forexfactory.com/showpost.php?p=2931468&postcount=155227...
  • #155,343
  • Aug 5, 2009 9:35am Aug 5, 2009 9:35am
But the trend IS up.

Quoting ams
Too early DT...it's only gone down 60 pips from 170...not even your first TP 16851, it's consolidating.
Shorting is relevant when the trend is down. Don't you think?



Tomorrow , friday there are big news and then on aug 12 (wed). FED IR decision.

Don't think it will be an easy ride...big boys might push it back up for tomorrow and friday.

Howevere, as said, someone needs lots of dollars to buy US bonds auctioned tomorrow.
  • #155,344
  • Aug 5, 2009 9:36am Aug 5, 2009 9:36am
Quoting grashid
after yesterday only able to get gu in +10pips and gy :d +450pips in 5 lot and close shop temporary....aiseh...li saw look like rocket will lounch soon? Market ranging and tanking like hell perhaps will happen tomorrow till nfp..what do u think mate..no trade atm but still bear bias
may be this gu dives well
  • #155,345
  • Aug 5, 2009 9:36am Aug 5, 2009 9:36am
Quoting wormboy
sorry for the loss bro. you'll get it back no worries

Dunno about m5 on dragon, that'll be pretty much malcolm's territory.
But if you wanna look at it from a higher tf maybe this will help :
http://www.forexfactory.com/attachme...5&d=1249460127

that chart was taken 6 hours ago but that ltl is under fire again. You might want to keep an eye on that
I only trade the 5 min in auto trade bro (same with EUR,GBP & CHF and maybe DRAGON??) as for manual trades will turn to higher time frames.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,346
  • Aug 5, 2009 9:37am Aug 5, 2009 9:37am
Quoting grashid
after yesterday only able to get GU in +10pips and GY +450pips in 5 lot and close shop temporary....aiseh...lI saw look like rocket will lounch soon? market ranging and tanking like hell perhaps will happen tomorrow till NFP..What do u think mate..no trade atm but still bear bias
Seems like that. Let's see how it unfolds. We are day-trader anyway .. who cares atm .. right?
  • #155,347
  • Aug 5, 2009 9:37am Aug 5, 2009 9:37am
Quoting Nene
My status has never changed. Just a news spike down.
Good to see you back
  • #155,348
  • Aug 5, 2009 9:38am Aug 5, 2009 9:38am
Got a crossroads here at the 1hr UTL and the DPP.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 44 KB
  • #155,349
  • Aug 5, 2009 9:38am Aug 5, 2009 9:38am
Quoting grashid
after yesterday only able to get GU in +10pips and GY +450pips in 5 lot and close shop temporary....aiseh...lI saw look like rocket will lounch soon? market ranging and tanking like hell perhaps will happen tomorrow till NFP..What do u think mate..no trade atm but still bear bias
Nice work Gras man.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,350
  • Aug 5, 2009 9:39am Aug 5, 2009 9:39am
Wasnt going to let a stupid remark keep me away. But it did go up now, didnt it....LOL

Quoting direct-trade
Good to see you back
  • #155,351
  • Aug 5, 2009 9:41am Aug 5, 2009 9:41am
Quoting ams
Too early DT...it's only gone down 60 pips from 170...not even your first TP 16851, it's consolidating.
Shorting is relevant when the trend is down. Don't you think?



Tomorrow , friday there are big news and then on aug 12 (wed). FED IR decision.

Don't think it will be an easy ride...big boys might push it back up for tomorrow and friday.

However, as said, someone needs lots of dollars to buy US bonds auctioned tomorrow. But not very expensive, it defeats the whole purpose for buying them, lol.
It may take a few days to play out,Im keeping my targets for now.
  • #155,352
  • Aug 5, 2009 9:44am Aug 5, 2009 9:44am
Quoting Faryad
may be this gu dives well
GU am put aside..wont post anything as am only post if she reach to my weekly 50% ~ 1.72-1.73 area....

GY am bear bias but still look like still have a room for her to take temp viagra before nice drop...am looking that moment...Yesterday am luck able to close 3 lot at 100pips each while my trailing stop of 2 lot end by 75pips each..enough for my trade atm...but still not yet reach my weekly at least 40-50%...damm..I should got it yesterday half way..but it turn to other way around.....

To be honest am just see my current PA atm and no trade for today...perhaps will get in tomorrow or next week...Happy trading and good luck to u
  • #155,353
  • Aug 5, 2009 9:45am Aug 5, 2009 9:45am
Quoting mktjong
Seems like that. Let's see how it unfolds. We are day-trader anyway .. who cares atm .. right?
ya let see what happen...
  • #155,354
  • Aug 5, 2009 9:48am Aug 5, 2009 9:48am
Quoting Bull_Bear
Nice work Gras man.....
but actually this week is my lausy trade as am really gambling ...do not have much time to focus...better stay away rather than losing or wasting my time....scalp is welcome anyway..so sorry about ur lost..but sure u can recover if not today maybe tomorrow ya...patient
  • #155,355
  • Aug 5, 2009 9:50am Aug 5, 2009 9:50am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I do not know what will you do without your squish squash system which you advertise always.


DT has guts, sense and has gained respect from others with his chart analysis. If I challenge or question him, it's good to know a sensible response is on the other end. Not generated by some system which is no more then bollinger band with pivots.

So when you say stupid remark, think, before you point one finger to others three are coming your way.

Market gods has ways to humble people like you.


Take a chill pill and sit tight with squish squash.





Quoting Nene
Wasnt going to let a stupid remark keep me away. But it did go up now, didnt it....LOL
  • #155,356
  • Aug 5, 2009 9:50am Aug 5, 2009 9:50am
Quoting Bull_Bear
I only trade the 5 min in auto trade bro (same with EUR,GBP & CHF and maybe DRAGON??) as for manual trades will turn to higher time frames.
okay. dragon m5 is a little too much for me lol. hang on, any pair traded lower than h1 is a little too much for me actually! lol.
anyway, whichever way works for you bro, go for it
keep an eye on dragon, looks ready to implode.
Thank You
  • #155,357
  • Aug 5, 2009 9:50am Aug 5, 2009 9:50am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Lost of words there .



Quoting Nene
But the trend IS up.
  • #155,358
  • Aug 5, 2009 9:55am Aug 5, 2009 9:55am
I was not referring to you. Cool yur jets.

Quoting ams
I do not know what will you do without your squish squash system which you advertise always.


DT has guts, sense and has gained respect from others with his chart analysis. If I challenge or question him, it's good to know a sensible response is on the other end. Not generated by some system which is no more then bollinger band with pivots.

So when you say stupid remark, think, before you point one finger to others three are coming your way.

Market gods has ways to humble people like you.


Take a chill pill and sit tight with squish squash....
  • #155,359
  • Aug 5, 2009 9:56am Aug 5, 2009 9:56am
You know I wasnt talking about you now, don't you??? LOL
  • #155,360
  • Aug 5, 2009 9:57am Aug 5, 2009 9:57am
Quoting ams
I do not know what will you do without your squish squash system which you advertise always.


DT has guts, sense and has gained respect from others with his chart analysis. If I challenge or question him, it's good to know a sensible response is on the other end. Not generated by some system which is no more then bollinger band with pivots.

So when you say stupid remark, think, before you point one finger to others three are coming your way.

Market gods has ways to humble people like you.


Take a chill pill and sit tight with squish squash....
Agreed with u mate...

Trade in what ur chart say and not what people make a call...We just give an opinion technically and real PA can be anything...Yes i agreed DT is one of good trader which we cant take his point easyly..that why am vouch for him...
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