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Cable Update (GBPUSD)

  • #162,381
  • Sep 1, 2009 11:52am Sep 1, 2009 11:52am
Quoting GlobalMacro
OK...I like that...
agreed

I have closed my short and added to euro long

just for a little while
  • #162,382
  • Sep 1, 2009 12:02pm Sep 1, 2009 12:02pm
Quoting allserene
agreed

I have closed my short and added to euro long

just for a little while

yup..nice going..also a good decision...
Hear the music before the song is over ...
  • #162,383
  • Sep 1, 2009 12:05pm Sep 1, 2009 12:05pm
Quoting GlobalMacro
yup..nice going..also a good decision...
GM.. you are long right?.. whats your tgt ..
  • #162,384
  • Sep 1, 2009 12:12pm Sep 1, 2009 12:12pm
Good day to you all,

I have missed most of today's action due to me being too uncertain when to enter and exit. Like the more astute members have mentioned - trust your system. I had to grab at countertrend bits and pieces to carve out some returns.....

I am out for today. I am happy with the positive returns, they do assist in building the account. No matter how small the gains... but I have left PLENTY on the table. Note to self: - FOCUS idiot...

This GU is like a maniac at present. 1 way traffic. I applaude every single individual for seeing this well in advance. This can only come through knowing your currency and awesome charting skills.

This is an incredible thread with great traders present. Great quality posts all round.

Good trading all!
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  • #162,385
  • Sep 1, 2009 12:18pm Sep 1, 2009 12:18pm
Me thinks I may be one of the invisible members here......

Back to fixing my profile....

Have mercy!

Highest regards
  • #162,386
  • Sep 1, 2009 12:24pm Sep 1, 2009 12:24pm
It looks bears are now took control.
  • #162,387
  • Sep 1, 2009 12:27pm Sep 1, 2009 12:27pm
Quoting $maker
GM.. you are long right?.. whats your tgt ..
Check out this post:

http://www.forexfactory.com/showpost...stcount=161917
Hear the music before the song is over ...
  • #162,388
  • Sep 1, 2009 12:33pm Sep 1, 2009 12:33pm
people that are long ...plz accept what u see..
GM yur excluded bro! as i know u know what yur doing

this is going to free fall
  • #162,389
  • Sep 1, 2009 12:37pm Sep 1, 2009 12:37pm
GM, you are the man today.. always stick to your long for the whole day. I'm also looking for long now.. maybe i'm wait for the next hour candle. Looks like 15M show me some hint. If the price for the next 15M candle open again above 1.6130.. i will take my position.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #162,390
  • Sep 1, 2009 12:40pm Sep 1, 2009 12:40pm
see anything??????
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  • #162,391
  • Sep 1, 2009 12:44pm Sep 1, 2009 12:44pm
Quoting nAVIN2007
see anything??????
This is not head and shoulder as right shoulder has already been taken out.
  • #162,392
  • Edited 1:04pm Sep 1, 2009 12:47pm | Edited 1:04pm
Quoting Yngwie
GM, you are the man today.. always stick to your long for the whole day. I'm also looking for long now.. maybe i'm wait for the next hour candle. Looks like 15M show me some hint. If the price for the next 15M candle open again above 1.6130.. i will take my position.
Like Navin rightly said...Be very careful Yngwie...

My style of trading can handle drawdowns and stop & reverse extremely fast.

Please be careful!
Hear the music before the song is over ...
  • #162,393
  • Sep 1, 2009 12:48pm Sep 1, 2009 12:48pm
Quoting pakitrader
This is not head and shoulder as right shoulder has already been taken out.
ok..
  • #162,394
  • Sep 1, 2009 12:51pm Sep 1, 2009 12:51pm
in short again but a lower bet

jeez if it didnt bounce there it could really go
euro shot to ribbons

and dow at minus 171 but holding

scaling into s&p etf's and especially germany 'ewg'

the pasting the euro is taking is making that v cheap

all that time that we had dow up- cable up

now the link is totally broken (for now)
  • #162,395
  • Sep 1, 2009 12:53pm Sep 1, 2009 12:53pm
Hello everyone here, I wonder whether this week GBP / USD go back down or continue
up?
thanks for your help.
reply with quote.
  • #162,396
  • Sep 1, 2009 12:55pm Sep 1, 2009 12:55pm
4hrs, 1hrs, 30min, 15min, 5 mins showing bearish bias.

although 4hrs is closed and 15 min showing falling wedge.

I will still be holding longs untill and unless I see daily closed 6170.

I am hoping asian session will be bullish.

Takecare
  • #162,397
  • Sep 1, 2009 1:03pm Sep 1, 2009 1:03pm
Good day to you all,

I see a very wide daily range today. Both sides of my predictive block touched (top and bottom)... This seldom happens...

Really seldom.

Chances for a pullback thus increases. I still see mid 1.58xx and September together. So, I am careful. I will thus again go countertrend for a couple of pips. First target 1.6152, the low of last week. Should this hold, next target will be 1.6181 - then out.

Playing with the Lion's B*lls.....

See ya all tomorrow!
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  • #162,398
  • Sep 1, 2009 1:05pm Sep 1, 2009 1:05pm
Quoting TauTrader
Good day to you all,

I see a very wide daily range today. Both sides of my predictive block touched (top and bottom)... This seldom happens...

Really seldom.

Chances for a pullback thus increases. I still see mid 1.58xx and September together. So, I am careful. I will thus again go countertrend for a couple of pips. First target 1.6152, the low of last week. Should this hold, next target will be 1.6181 - then out.

Playing with the Lion's B*lls.....

See ya all tomorrow!
Good Strategy
  • #162,399
  • Sep 1, 2009 1:06pm Sep 1, 2009 1:06pm
Quoting TauTrader
Good day to you all,

I see a very wide daily range today. Both sides of my predictive block touched (top and bottom)... This seldom happens...

Really seldom.

Chances for a pullback thus increases. I still see mid 1.58xx and September together. So, I am careful. I will thus again go countertrend for a couple of pips. First target 1.6152, the low of last week. Should this hold, next target will be 1.6181 - then out.

Playing with the Lion's B*lls.....

See ya all tomorrow!
see u tomorrow buddy..
i have a rule...dont go counter trend ..this keep me out of trouble the less i press button the better my results generally are..good luck to u
  • #162,400
  • Sep 1, 2009 1:15pm Sep 1, 2009 1:15pm
Quoting nAVIN2007
see u tomorrow buddy..
i have a rule...don't go counter trend ..this keep me out of trouble the less i press button the better my results generally are..good luck to u

Yeah Nav, I totally agree, going counter trend is not recommended.

As long as there is no major retracement before the daily close, I will be looking to take a long position going into UK session.
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