Short @ 1.6345... SL... 1.6470..... TP.... 1.6100
Catch you guys, be back later on
I'll follow you once H1/H4 close/open below 1.6302 ! Otherwise reconsider my plan ! 
I only trade XAU/USD. Based on USD news & Fib SR & BB20
Cable Update (GBPUSD)
- #160,781
- Aug 26, 2009 1:46am Aug 26, 2009 1:46am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
I'll follow you once H1/H4 close/open below 1.6302 ! Otherwise reconsider my plan ! - #160,782
- Aug 26, 2009 1:49am Aug 26, 2009 1:49am
- Joined Mar 2007 | Status: Trader | 2,126 Posts
Make sure losses are small and profits are bigger!
- #160,783
- Aug 26, 2009 2:03am Aug 26, 2009 2:03am
hi all im new here, just to share my recent observations other than charts
over the months we saw equity moved up then all other currencies (other than the Yen) moved up.
in recent weeks sth has changed. we sometimes (yesterday and also the NFP weeks ago) see positive equity ALONG WITH positive USD because some say that US has a better chance of getting out of recession than most other countries.
but if we see equity going down, treasuries gain and USD gains accordingly.
so, in either case (equity up or down), we see GBP going down! (down more severely if equity moves down)
now what concerns me is too many people are shorting and it may revert radically some time sooner or later.
just my 2 cents.
cheers, happy trading
over the months we saw equity moved up then all other currencies (other than the Yen) moved up.
in recent weeks sth has changed. we sometimes (yesterday and also the NFP weeks ago) see positive equity ALONG WITH positive USD because some say that US has a better chance of getting out of recession than most other countries.
but if we see equity going down, treasuries gain and USD gains accordingly.
so, in either case (equity up or down), we see GBP going down! (down more severely if equity moves down)
now what concerns me is too many people are shorting and it may revert radically some time sooner or later.
just my 2 cents.
cheers, happy trading
- #160,784
- Aug 26, 2009 2:04am Aug 26, 2009 2:04am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #160,791
- Aug 26, 2009 2:16am Aug 26, 2009 2:16am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
I bet on a bullish day on GU , just too mess around whit the "herd" who think its fully bearish.
Target on up side 1.6412
Down side 1.6139 would be something.
------------------------
If 15 candle close whit upper close whit high volume, it would look like the pro buying the selling herd.
Broking 1.6280 and Gu blood will flow.
-----------------------------
Let's see!
Good trading all!
Asians gambling a bit before they go home. After they're gone, the party's on...
Hear the music before the song is over ...
- #160,792
- Aug 26, 2009 2:18am Aug 26, 2009 2:18am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Asians gambling a bit before they go home. After they're gone, the party's on...
Thank You 
- #160,793
- Aug 26, 2009 2:18am Aug 26, 2009 2:18am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
May the force be with us added some small longs.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #160,795
- Aug 26, 2009 2:27am Aug 26, 2009 2:27am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
I love parties!
lol...
Uno -- Uno,
dos
tres
cuatro
------ now break it down --------- ....lol...
Hear the music before the song is over ...
- #160,798
- Aug 26, 2009 2:37am Aug 26, 2009 2:37am
- | Commercial User | Joined Feb 2008 | 1,440 Posts
------ now break it down --------- ....lol...
Breaking selling herd then sell.... LOL