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Cable Update (GBPUSD)

  • #157,521
  • Aug 13, 2009 2:34am Aug 13, 2009 2:34am
Hello guys and ladies, i see we are going north, beautiful I would like to get 1.67 or 1,7. What do you thinks about that?? Good luck 4every one.
  • #157,522
  • Aug 13, 2009 2:46am Aug 13, 2009 2:46am
Quoting sailor68
Ok, i never keep a trade more than two days, maybe try (what about the SL do you use fix number of pips, or do you use S/R, and now what do you think about the shooting star on H1.....
nope I don't have a fixed number of pips to place stops.
that shooting star on H1 is weak, it didn't close bearish, half of the time "bullish" shooting star will result in expanding pa.
Thank You
  • #157,523
  • Aug 13, 2009 2:53am Aug 13, 2009 2:53am
Quoting wormboy
nope I don't have a fixed number of pips to place stops.
that shooting star on H1 is weak, it didn't close bearish, half of the time "bullish" shooting star will result in expanding pa.
Right, thanks for your point of view, also the shooting star are not a major reversal signal but we can use it like a pivot resistance, like here with the psych level of 6600....
Trade with the momentum
  • #157,524
  • Aug 13, 2009 2:55am Aug 13, 2009 2:55am
Quoting wormboy
what tf ?
what confirmation? Current H4 had invalidate the hanging man. H1 is very bullish.
Overbought/oversold levels shouldn't be solely used to gauge direction. It can be misleading.
hanging man, H1 very bullish and we was in a descending wedge. Resistance line was broken and we past most recent peak. What esle to confirm that bullish? . I'm long and going for long trade. if after today's FA no change we"ll go to test again the 50% FIB day chart 1.68.
If you resist at heart attack, you will be rich from trading.
  • #157,525
  • Aug 13, 2009 2:56am Aug 13, 2009 2:56am
Quoting wormboy
nope I don't have a fixed number of pips to place stops.
that shooting star on H1 is weak, it didn't close bearish, half of the time "bullish" shooting star will result in expanding pa.
second that, but this bloody daily R1 pivot at 6577 makes things unclear
  • #157,526
  • Aug 13, 2009 3:07am Aug 13, 2009 3:07am
..patient is virtual and now am in..159.50 & 1.6590..its am still alone??..let see what happen
  • #157,527
  • Aug 13, 2009 3:11am Aug 13, 2009 3:11am
It can be attempt to get stops of all longs as market passed the LTL and then pull back.

I am waiting for the 4 hrs confirmation if it closed above LTL

and also it can be a bull trap like yesterday today is some important data might it will sharply go down after data.
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  • #157,528
  • Aug 13, 2009 3:11am Aug 13, 2009 3:11am
Quoting Bull_Bear
Grass Man my Trades:

1. 1.6400 ..... SL... 1.6380.... TP 1.6550

2. 1.6470... SL ... 1.6380... TP 1.6600 & Collect my Beer from Wormie

BEERS BEERS BEERS
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #157,529
  • Aug 13, 2009 3:11am Aug 13, 2009 3:11am
Quoting GlobalMacro
LOL...I know buddy....He just loves her...true love...
  • #157,530
  • Aug 13, 2009 3:11am Aug 13, 2009 3:11am
Quoting grashid
..patient is virtual and now am in..159.50 & 1.6590..its am still alone??..let see what happen
WHAT UR MARIA SAID TODAY GRASHID
  • #157,531
  • Aug 13, 2009 3:12am Aug 13, 2009 3:12am
Quoting Bull_Bear
BEERS BEERS BEERS
r u with me this time? dont do that like tomorrow ya...make sure gather2....u die am die
  • #157,532
  • Aug 13, 2009 3:13am Aug 13, 2009 3:13am
Quoting wormboy
hi fellas. I'm bullish atm and had reversed the earlier trade.
Trade details & why :

1. http://www.forexfactory.com/showpost...postcount=2339

2. http://www.forexfactory.com/showpost...postcount=2340

3. http://www.forexfactory.com/showpost...postcount=2342


See you guys in a couple of hours, good luck! Go go beer money!! lol
Welcome to the druken side
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #157,533
  • Aug 13, 2009 3:15am Aug 13, 2009 3:15am
Quoting Faryad
WHAT UR MARIA SAID TODAY GRASHID
i always stressing this out...it would be great if u can check it vs ur chart and see what she give u and post it....do not ask me where GU n GY will go as am not a god to tell them where will they should go (even I am one of big boy ) as u will never lesson and u will not improve ur analysis...as am not a pro or a good one to advice u...my talk is 154.50-153.50 here u go ...Good luck..but another one at 160.30 r also waiting
  • #157,534
  • Aug 13, 2009 3:15am Aug 13, 2009 3:15am
Quoting grashid
r u with me this time? do do that like tomorrow ya...make sure gather2....u die am die
Come Tom I'll be drinking & trading gras man.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #157,535
  • Aug 13, 2009 3:20am Aug 13, 2009 3:20am
Quoting Bull_Bear
Come Tom I'll be drinking & trading gras man.....
..come i'll bring my maria too..then later on we do some good skill one with her...u up i down then i up and u down..then we going to sleep ...
  • #157,536
  • Aug 13, 2009 3:24am Aug 13, 2009 3:24am
Instead I think it's a reversal point 1.6570 1.6550 and GBPUSD will follow bearish trend.

Regards
  • #157,537
  • Aug 13, 2009 3:25am Aug 13, 2009 3:25am
Grashid still am in long for 1.6620-30
  • #157,538
  • Aug 13, 2009 3:30am Aug 13, 2009 3:30am
Quoting Faryad
Grashid still am in long for 1.6620-30
but is not my call but its up to u...M15 I saw start to reverse....and my long just on the trailing stop of 25pips and i saw selling bar is increasing...

Attach is my plan..Good luck to you and I will be back in 2-3 hrs..
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  • #157,539
  • Aug 13, 2009 3:32am Aug 13, 2009 3:32am
before US open...M15 look ready for drop too...Good luck
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  • #157,540
  • Aug 13, 2009 3:35am Aug 13, 2009 3:35am
Quoting grashid
but is not my call but its up to u...M15 I saw start to reverse....and my long just on the trailing stop of 25pips and i saw selling bar is increasing...

Attach is my plan..Good luck to you and I will be back in 2-3 hrs..
THANKS GRASHID
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