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Cable Update (GBPUSD)

  • #177,881
  • Oct 20, 2009 11:16pm Oct 20, 2009 11:16pm
Quoting Magix
::Raises Hand::

I think it has a pretty good shot!

Of course, even saying that, I have closed 13 out of 16 lots....
i c resistance around the blue region....
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  • #177,882
  • Oct 20, 2009 11:17pm Oct 20, 2009 11:17pm
Quoting navhin
i c resistance around the blue region....
I'd be willing to bet money, marbles or chalk that it crashes threw 1.65 just to kill a lotta bears.

Not to mention, we still gunna see a topside run when OSMA on 4hr goes positive, that should happen in the next 4 bars.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #177,883
  • Oct 20, 2009 11:18pm Oct 20, 2009 11:18pm

Resistance R1 = 1.6480 R2 = 1.6535 R3 =1.6664

Pivot 1.6360

Support S1 =1.6298 S2= 1.6178 S3 = 1.6116

Sugest




Sell = 1.6470 tp = 20



buy = 1.6330 Tp =20



  • #177,884
  • Oct 20, 2009 11:25pm Oct 20, 2009 11:25pm
Quoting navhin
does anyone of u think that the cable might reach 1.65??
Dont Think, Just Do, Or Better, Dont Think, Dont do.. when there is uncertainty. Just Stay out of Market. Dont think The candle will follow your head's..

Good Luck. i'm keeping My trade Earlier. Plus add another one @1.6362. Total 0.4 Lot.
  • #177,885
  • Oct 20, 2009 11:27pm Oct 20, 2009 11:27pm
I really hope it passes 1.65. My TP is at 1.6499 no SL. I bought at 1.6449, kinda too early. Oh, and hai guys. Im new in this game..
Volume, MA, Fractal
  • #177,886
  • Oct 20, 2009 11:31pm Oct 20, 2009 11:31pm
Quoting mloistianto
Dont Think, Just Do, Or Better, Dont Think, Dont do.. when there is uncertainty. Just Stay out of Market. Dont think The candle will follow your head's..

Good Luck. i'm keeping My trade Earlier. Plus add another one @1.6362. Total 0.4 Lot.
coz i'm quite sure the cable will go to 1.6450....for 1.6500 i'm not sure....juz asking traders opinion....
  • #177,887
  • Oct 20, 2009 11:38pm Oct 20, 2009 11:38pm
Quoting navhin
coz i'm quite sure the cable will go to 1.6450....for 1.6500 i'm not sure....juz asking traders opinion....
Watch the PA mate. If this girl need to go down, she will show u..
  • #177,888
  • Oct 20, 2009 11:43pm Oct 20, 2009 11:43pm
Quoting jack.canadia
I'm waiting to enter a short for now.

Hopefully a retracement to the 6420/30 area (trendline and large 38.2 level, plus 61.8 of todays move down, and a former support/resistance level given by the white box).

From there, a test as low as 6130 perhaps? Quite a few pips to be made if plays out this way. Very low risk/High reward trade.
My post about 7hr ago. Awaiting some confirmation.
  • #177,889
  • Edited 11:53pm Oct 20, 2009 11:52pm | Edited 11:53pm
I am hoping that if we blow thru 6450 that 6500 will be mornings toast.

And tasty @ that served up by the Queen herself with 2 runny eggs
a black coffee 2 sugars and OJ with ice!

6500 is my next BIG resistance. USD still not doing anything.

On the flip side. If we don't breach these levels I am seeing more retracement before buyers again. Like today.
Still cannot short with day old trades.

Quoting navhin
does anyone of u think that the cable might reach 1.65??
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #177,890
  • Oct 20, 2009 11:57pm Oct 20, 2009 11:57pm
Quoting jack.canadia
My post about 7hr ago. Awaiting some confirmation.
If, i see a confirmation of seller pooling this girl, I'll close my long and join you. otherwise... Lets get taller..
  • #177,891
  • Oct 21, 2009 12:22am Oct 21, 2009 12:22am
is it going to go reverse from here?.....closed my long 1.6435
  • #177,892
  • Oct 21, 2009 12:22am Oct 21, 2009 12:22am
let see. sell@6433 SL@6448 TP@6310
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #177,893
  • Oct 21, 2009 12:29am Oct 21, 2009 12:29am
Quoting Yngwie
let see. sell@6433 SL@6448 TP@6310
Welcome to your SL soon
  • #177,894
  • Oct 21, 2009 12:34am Oct 21, 2009 12:34am
Quoting grashid
Weolcome to your SL soon
no worries.. only 15pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #177,895
  • Oct 21, 2009 12:36am Oct 21, 2009 12:36am
Quoting grashid
Weolcome to your SL soon
wat's ur opinion for gbp/usd 2day?? me thinking of sell when it reaches 1.65
  • #177,896
  • Oct 21, 2009 12:43am Oct 21, 2009 12:43am
Quoting Yngwie
no worries.. only 15pips
Quoting navhin
wat's ur opinion for gbp/usd 2day?? me thinking of sell when it reaches 1.65
As what i mentioned b4...UTL @ 6430 already broke and am riding at every dive lol...long at every dive with 1st target of 6520/5 and 2nd target of 6720/5...



Trailing will be on at 6520 with 2X entry tp
The rest let my trailing work for me in order for my 2nd target...

Anyway GU am just started yesterday with min margin as am done for my GY...

Perhaps will close my Oct acc today or tomorrow....

Profit lock at 6380 for 40pips with this 4 x entry yesterday

In case all stop at BE+40...am done for this month and see u guys after next month nfp..

Good luck
  • #177,897
  • Oct 21, 2009 12:46am Oct 21, 2009 12:46am
Quoting grashid
As what i mentioned b4...UTL @ 6430 already broke and am riding at every dive lol...long at every dive with 1st target of 6520/5 and 2nd target of 6720/5...



Trailing will be on at 6520 with 2X entry tp
The rest let my trailing work for me in order for my 2nd target...

Anyway GU am just started yesterday with min margin as am done for my GY...

Perhaps will close my Oct acc today or tomorrow....

Profit lock at 6380 for 40pips with this 4 x entry yesterday

Good luck
The TL is not broken .. there's no significant close above it yet (daily or 4h) ...
  • #177,898
  • Oct 21, 2009 12:48am Oct 21, 2009 12:48am
Quoting grashid
Welcome to your SL soon
R u threatening??.. I like u man..
  • #177,899
  • Oct 21, 2009 12:49am Oct 21, 2009 12:49am
Quoting jack.canadia
My post about 7hr ago. Awaiting some confirmation.
by NY session, I will start roasting the bulls for dinner
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  • #177,900
  • Oct 21, 2009 12:49am Oct 21, 2009 12:49am
Quoting jack.canadia
The TL is not broken .. there's no significant close above it yet (daily or 4h) ...
Yes. Daily.. No significant. just noise.. but today we will see the end of this.
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