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Cable Update (GBPUSD)

  • #156,001
  • Aug 6, 2009 7:06pm Aug 6, 2009 7:06pm
Quoting alex1976
That makes sense too, cause anything can happen between now and 3am.
Thats all I do, work out the direction based on my rules, find a good entry and hope the direction continues.

I cocked today up breaking those simple rules and trying to hard to make some money, but hey.

At the moment the direction is UP!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #156,002
  • Aug 6, 2009 7:08pm Aug 6, 2009 7:08pm
long GU at 6798, T/P, SL = 35 PIPS.
Its all in the mind.
  • #156,003
  • Aug 6, 2009 7:17pm Aug 6, 2009 7:17pm
lot of people where long at 6910 area so if price go back up to the 23%fib we migth see some more down since lots of long will be happy to exit there trade .. So I look for another short entry at 6900-6920
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  • #156,004
  • Aug 6, 2009 7:25pm Aug 6, 2009 7:25pm


catch you guys london session. kthanksbye
Thank You
  • #156,005
  • Aug 6, 2009 7:40pm Aug 6, 2009 7:40pm
worm is bearish.
  • #156,006
  • Aug 6, 2009 7:53pm Aug 6, 2009 7:53pm
Quoting alex1976
worm is bearish.
what is worm mean?
i'm newbie here...
  • #156,007
  • Aug 6, 2009 8:04pm Aug 6, 2009 8:04pm
Quoting b2w_r1d3r
what is worm mean?
i'm newbie here...

I presume refering to WormBoy
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #156,008
  • Aug 6, 2009 8:10pm Aug 6, 2009 8:10pm
Quoting b2w_r1d3r
what is worm mean?
i'm newbie here...
worm is wormboy, one of the regulars who post here on this thread. Welcome to the forum, always do your own due diligence, take every call here on this thread with a pinch of salt and good luck~!
  • #156,009
  • Aug 6, 2009 8:18pm Aug 6, 2009 8:18pm
Morning guys, this is my 1H setup for today. Happy trading!
Attached Image (click to enlarge)
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #156,010
  • Aug 6, 2009 8:25pm Aug 6, 2009 8:25pm
Quoting Yngwie
Morning guys, this is my 1H setup for today. Happy trading!
here is my view
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Verily, in every difficulties there is relief
  • #156,011
  • Aug 6, 2009 8:28pm Aug 6, 2009 8:28pm
Quoting malcolmb14
may not even get to sell limit . But sound good . I foten do rescue trades , divide the order into 2 .. like sell at 1.6800 , then add rescue trade sell at 1.6835 , stop 1st one 60 pip , 2nd 25 pip , something like that

you are one of the best trader here ... did you already reach 1 Mill USD?

thanks ....
  • #156,012
  • Edited 9:21pm Aug 6, 2009 9:19pm | Edited 9:21pm
my_sell-stop - 1.6741
SL - 1.6820
TP 1 - 1.6687
TP 2 - 1.6590

play save.......any idea friends???
  • #156,013
  • Aug 6, 2009 9:35pm Aug 6, 2009 9:35pm
Good Morning Guys....


If we break 6700 clearly, we may drop till 6600..
Never Stop Learning...
  • #156,014
  • Aug 6, 2009 9:35pm Aug 6, 2009 9:35pm
sell at 1.6765
TP at 1.6730

play save too...
any suggestions ?
  • #156,015
  • Aug 6, 2009 9:37pm Aug 6, 2009 9:37pm
Quoting iskk_1
my_sell-stop - 1.6741
SL - 1.6820
TP 1 - 1.6687
TP 2 - 1.6590

play save.......any idea friends???
i would say sell at the top and buy on the dips
  • #156,016
  • Aug 6, 2009 9:39pm Aug 6, 2009 9:39pm
Today call,

[email protected] [email protected] [email protected]

or

[email protected] [email protected] [email protected]

when one of the orders in a pair is triggered, i will delete the other opposite order!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #156,017
  • Aug 6, 2009 9:50pm Aug 6, 2009 9:50pm
You guys think we'll see 1.6800+ again tonight?
  • #156,018
  • Aug 6, 2009 9:55pm Aug 6, 2009 9:55pm
4 Hours Standard Pivots on 10 Mins Chart

http://data.actionforex.com/Captures...PUSD_10Min.jpg

Daily Standard Pivots on 30 Mins Chart

http://data.actionforex.com/Captures...PUSD_30Min.jpg


Source: http://www.actionforex.com/technical...-200603215756/
  • #156,019
  • Aug 6, 2009 10:05pm Aug 6, 2009 10:05pm
Quoting Yngwie
Today call,

[email protected] [email protected] [email protected]

or

[email protected] [email protected] [email protected]

when one of the orders in a pair is triggered, i will delete the other opposite order!
It is more likely to go down first to around 1.673 or may be lower, and after that, it might have potentially to go up to around 1.69. I recommend if it reaches 1.6854, then we can place a Buy Order.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #156,020
  • Aug 6, 2009 10:14pm Aug 6, 2009 10:14pm
Is that positive divergence on the 1hr, and if so could this thing go long in uk session?
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