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Cable Update (GBPUSD)

  • #183,601
  • Nov 18, 2009 3:58am Nov 18, 2009 3:58am
owch
  • #183,602
  • Nov 18, 2009 4:00am Nov 18, 2009 4:00am
dropping a short here 839
  • #183,603
  • Nov 18, 2009 4:01am Nov 18, 2009 4:01am
Quoting welshguy2000
Now your using all your leverage I cant see this moving back down to 6650 but a retest of 6740 zone will see me enter a cheeky buy

Cheers WG


i cant wait what happen...hit 1.69 then just lost 20% from my last week profit...reallt bored week...scalping should be the way atm..but be honest this is my worst ever trading especially in GY...damm it

anyway just add another 3 new entry from 6840..in total 15 entry with -30pips averagely...

Let see what happen tonight
  • #183,604
  • Nov 18, 2009 4:03am Nov 18, 2009 4:03am
Bearish Trap !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #183,605
  • Nov 18, 2009 4:06am Nov 18, 2009 4:06am
Quoting grashid


i cant wait what happen...hit 1.69 then just lost 20% from my last week profit...reallt bored week...scalping should be the way atm..but be honest this is my worst ever trading especially in GY...damm it

anyway just add another 3 new entry from 6840..in total 15 entry with -30pips averagely...

Let see what happen tonight
gu git hit with buyers off that 1.6770 zone once more ... highest volume of all week was righto n that zone

be careful with longs ... this is still in ' this could do anything zone zone'

I have been out of fx 3 weeks now , trading us index futures instead until we get better direction

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Blogging daily now at www.volume.zone
  • #183,606
  • Nov 18, 2009 4:08am Nov 18, 2009 4:08am
Quoting Wincent
Grashid can you please say me why your tp is on 6740 ? there is any support line or what ?

thank u . I sold GU from 6815 - 6822 again .

But I set my TP on 6772

I have 8 short .
http://www.forexfactory.com/showpost...stcount=183578
  • #183,607
  • Nov 18, 2009 4:11am Nov 18, 2009 4:11am
There is a price trap forming on the daily chart. In theory we should be looking for a break the upside as we are in a overall uptrend at the moment. I would personally keep a pretty neutral opinion at this price level and keep a close eye on the trap breaking as it will probably cause some big movement in GU.
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  • #183,608
  • Nov 18, 2009 4:12am Nov 18, 2009 4:12am
Quoting malcolmb14
gu git hit with buyers off that 1.6770 zone once more ... highest volume of all week was righto n that zone

be careful with longs ... this is still in ' this could do anything zone zone'

I have been out of fx 3 weeks now , trading us index futures instead until we get better direction

Attachment
why end year will be bored like few year back when GY daily H/L not even reach 100pips bounce...flashing? or other theory behind.....appreciate your input mal
  • #183,609
  • Nov 18, 2009 4:18am Nov 18, 2009 4:18am
Quoting grashid
why end year will be bored like few year back when GY daily H/L not even reach 100pips bounce...flashing? or other theory behind.....appreciate your input mal
gu is in gridlock ....

eu is flowing a load better
Blogging daily now at www.volume.zone
  • #183,610
  • Nov 18, 2009 4:21am Nov 18, 2009 4:21am
Quoting manize
Bearish Trap !
Or bullish trap ?
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #183,611
  • Nov 18, 2009 4:21am Nov 18, 2009 4:21am
Quoting malcolmb14
gu is in gridlock ....

eu is flowing a load better

  • #183,612
  • Nov 18, 2009 4:24am Nov 18, 2009 4:24am
[quote=grashid;3241637][/quot

gridlock means it is stuck ... real battle between buyers and sellers.... chop like mad last 24 hour with what looks like accumulation off 1,6770

eu is moving in a really nice 160 pip wide channel
Blogging daily now at www.volume.zone
  • #183,613
  • Nov 18, 2009 4:25am Nov 18, 2009 4:25am
Quoting grashid
EU was going nowhere for the longest time/that why I went back to GU
  • #183,614
  • Nov 18, 2009 4:26am Nov 18, 2009 4:26am
+60 pips and takin a few off the table
  • #183,615
  • Nov 18, 2009 4:28am Nov 18, 2009 4:28am


http://www.bloomberg.com/apps/news?p...z5SL1HlI&pos=1
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  • #183,616
  • Nov 18, 2009 4:31am Nov 18, 2009 4:31am
[quote=malcolmb14;3241641]
Quoting grashid
[/quot

gridlock means it is stuck ... real battle between buyers and sellers.... chop like mad last 24 hour with what looks like accumulation off 1,6770

eu is moving in a really nice 160 pip wide channel
but i would like to understand why? and why gold are so high as i saw 1151 is on the way as well as 1190-1200
  • #183,617
  • Nov 18, 2009 4:32am Nov 18, 2009 4:32am
[quote=malcolmb14;3241641]
Quoting grashid
[/quot

gridlock means it is stuck ... real battle between buyers and sellers.... chop like mad last 24 hour with what looks like accumulation off 1,6770

eu is moving in a really nice 160 pip wide channel
hello mal,can you xplain how i must use the dollar index futures when i trade the pound,dollar index now quote 75.125
  • #183,618
  • Nov 18, 2009 4:44am Nov 18, 2009 4:44am
cmon now lets get another crack down
  • #183,619
  • Nov 18, 2009 4:58am Nov 18, 2009 4:58am
..from average -30pips now it turn to only 2 entry in -5pips...
mmm

Come 6750 first...8X entry r waiting for u baby
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  • #183,620
  • Nov 18, 2009 5:13am Nov 18, 2009 5:13am
Quoting grashid
..from average -30pips now it turn to only 2 entry in -5pips...
mmm

Come 6750 first...8X entry r waiting for u baby
hahaha.. come on baby... think rebound bro.. 1.675 good support..
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