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Cable Update (GBPUSD)

  • #156,021
  • Aug 6, 2009 8:45pm Aug 6, 2009 8:45pm
No buy on dips or sell on rallies.

Sit out and watch the PA.
Great Bodies are Engineered not Born
  • #156,022
  • Aug 6, 2009 8:47pm Aug 6, 2009 8:47pm
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

did not even get rescue .. only 1st order.

stop at break even +1 and 45 pip profit taken on half of order
Blogging daily now at www.volume.zone
  • #156,023
  • Aug 6, 2009 8:51pm Aug 6, 2009 8:51pm
Quoting drunkgoose
You guys think we'll see 1.6800+ again tonight?
I think we may test it if you are very lucky ... but doubt it

price has stayed under the point of control all asia ( 1.6778)
Blogging daily now at www.volume.zone
  • #156,024
  • Aug 6, 2009 8:52pm Aug 6, 2009 8:52pm
Quoting Yngwie
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.

so what you are saying is that it will either go down or it will go up ....lol
Blogging daily now at www.volume.zone
  • #156,025
  • Aug 6, 2009 8:59pm Aug 6, 2009 8:59pm
Quoting malcolmb14
so what you are saying is that it will either go down or it will go up ....lol
Hey malcomb.. look at my pending order call.. LoL!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #156,026
  • Aug 6, 2009 9:37pm Aug 6, 2009 9:37pm
looks like will go up to 1.6800
  • #156,027
  • Aug 6, 2009 9:38pm Aug 6, 2009 9:38pm
Quoting Yngwie
Hey malcomb.. look at my pending order call.. LoL!
nice plan .....
Blogging daily now at www.volume.zone
  • #156,028
  • Aug 6, 2009 10:22pm Aug 6, 2009 10:22pm
Guys, for the best and accurate trade calls, visit http://www.legofx.blogspot.com

Trade calls been proven over time. visit and turn your red pips into green pips. The good news about this is ITS FREE
  • #156,029
  • Aug 6, 2009 10:35pm Aug 6, 2009 10:35pm
Quoting myteax
Guys, for the best and accurate trade calls, visit http://www.legofx.blogspot.com

Trade calls been proven over time. visit and turn your red pips into green pips. The good news about this is ITS FREE
just for the purpose of buying Ferrari
  • #156,030
  • Aug 6, 2009 10:40pm Aug 6, 2009 10:40pm
Good morning to alla, and happy profits with good trades.
If you resist at heart attack, you will be rich from trading.
  • #156,031
  • Aug 6, 2009 10:44pm Aug 6, 2009 10:44pm
Quoting myteax
Guys, for the best and accurate trade calls, visit http://www.legofx.blogspot.com

Trade calls been proven over time. visit and turn your red pips into green pips. The good news about this is ITS FREE
Many thanks for that,

Hi Guys,

I also do calls, not proven on this site over time, but still on this site.

As you know I am big on daily direction. I suspect today that by London open we will test the 800 line and bounce off it resulting ultimatly in a down day.

What ever you do dont take this to the bank, the Asian trading range is very tight, I need more information, and am intoxicated.

To state the obvious, a down day occurs in an up trend, ( daily, weekly ) and visa versa.
  • #156,032
  • Aug 6, 2009 11:17pm Aug 6, 2009 11:17pm
since i'm newbie in this field..
should i take a position now or just wait for another hour ?
  • #156,033
  • Aug 6, 2009 11:23pm Aug 6, 2009 11:23pm
Quoting Jimz
since i'm newbie in this field..
should i take a position now or just wait for another hour ?
I would wait, the Asian trading range has been tight, a break out is due.

The majority of the trading is done during the London session.

It is a Friday traders have to at the end of the session decide if, and what positions they will carry over the week end.

To me at present it costs nothing to wait and see.

The sort of action we see now has in the past cut me to ribbions.

I hope this helps.
  • #156,034
  • Aug 7, 2009 12:03am Aug 7, 2009 12:03am
Raza,

Could we see 1.6600 on this retracement. I am bearish now.
  • #156,035
  • Aug 7, 2009 12:07am Aug 7, 2009 12:07am
afternoon fellas

40 pips to go ...
Thank You
  • #156,036
  • Aug 7, 2009 12:11am Aug 7, 2009 12:11am
Quoting wormboy
afternoon fellas

40 pips to go ...
  • #156,037
  • Aug 7, 2009 12:15am Aug 7, 2009 12:15am
So guys, its sell on rallies right? As usual, looking for 20 pips per trade.
Great Bodies are Engineered not Born
  • #156,038
  • Aug 7, 2009 12:16am Aug 7, 2009 12:16am
Quoting wormboy
afternoon fellas

40 pips to go ...
Afternoon WB

Thought we were on our own, its as dead as in here at the moment.

Happy to see you.
  • #156,039
  • Aug 7, 2009 12:18am Aug 7, 2009 12:18am
sell - 1.6734
TP - 1.6710

not bad la...
  • #156,040
  • Aug 7, 2009 12:19am Aug 7, 2009 12:19am
Quoting faryad
wormie where u short from ?
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