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Cable Update (GBPUSD)

  • #186,441
  • Dec 8, 2009 7:18am Dec 8, 2009 7:18am
PO Buy Limit at 6270
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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #186,442
  • Dec 8, 2009 7:21am Dec 8, 2009 7:21am
Quoting mkrajaci
I reduced Buy order to 6320
placed a buy stop @ 6330
If G/U goes further down, where would it be?
  • #186,443
  • Dec 8, 2009 7:21am Dec 8, 2009 7:21am
Quoting samdani786
PO Buy Limit at 6270
I think you are right.
  • #186,444
  • Dec 8, 2009 7:22am Dec 8, 2009 7:22am
Quoting grashid
ic
Why GBPNZD?


ok, after the double bottom up
  • #186,445
  • Dec 8, 2009 7:24am Dec 8, 2009 7:24am
Morning all.

I am still very noobish, and if you see something I'm not, please, tell me!

Anyway, I noticed this, and wanted to see if it make sence to anyone else. Is this a huge support at 1.6270?
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  • #186,446
  • Dec 8, 2009 7:26am Dec 8, 2009 7:26am
I have just noticed that guys in here just make forecast, professional traders don't forecast. For all ya that put long trades, I wonder wht all ya was thinking. The Bias has been sell and it is still selling. I think is proper to wait for a trend reverse and then confirm the reverse b4 a long trade is entered.

I will appreciate if no more speculations are done in this room
  • #186,447
  • Dec 8, 2009 7:31am Dec 8, 2009 7:31am
Quoting chirpy
I have just noticed that guys in here just make forecast, professional traders don't forecast. For all ya that put long trades, I wonder wht all ya was thinking. The Bias has been sell and it is still selling. I think is proper to wait for a trend reverse and then confirm the reverse b4 a long trade is entered.

I will appreciate if no more speculations are done in this room
IMHO " If you want to change things, Change the way you look at things "

Sorry if i offend anyone .
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #186,448
  • Dec 8, 2009 7:33am Dec 8, 2009 7:33am
Anyone know why gold is falling off the cliff?
  • #186,449
  • Dec 8, 2009 7:37am Dec 8, 2009 7:37am
Quoting extraneo
Why GBPNZD?


ok, after the double bottom up
  • #186,450
  • Dec 8, 2009 7:41am Dec 8, 2009 7:41am
Quoting samdani786
IMHO " If you want to change things, Change the way you look at things "

Sorry if i offend anyone .

  • #186,451
  • Dec 8, 2009 7:43am Dec 8, 2009 7:43am
How are the long traders faring?
  • #186,452
  • Dec 8, 2009 7:51am Dec 8, 2009 7:51am
Quoting DubaiTrader
How are the long traders faring?
Just bought another lot with a tight SL at 1.6245. We are testing October 26th and Nov 3rd lows of 1.6249 and 1.6260 respectively. Only time will tell if those levels hold... Looks like a hammer on the 1 hour which is a strong trend reversal signal - I'd prefer to see this on the 4 hour...
May the forex be with you |
  • #186,453
  • Dec 8, 2009 7:52am Dec 8, 2009 7:52am
my technical analysis does not show any trend reversal at this point in time... in any case im up 150 pips so would love to close this one and get on the bull train
  • #186,454
  • Dec 8, 2009 7:53am Dec 8, 2009 7:53am
positive divergence(rsi and stoch) forming on 15 min chart. Will she break upside? Going long at 6293
  • #186,455
  • Dec 8, 2009 7:57am Dec 8, 2009 7:57am
Quoting FXFundi
Just bought another lot with a tight SL at 1.6245. We are testing October 26th and Nov 3rd lows of 1.6249 and 1.6260 respectively. Only time will tell if those levels hold... Looks like a hammer on the 1 hour which is a strong trend reversal signal - I'd prefer to see this on the 4 hour...
I agree there seems to be a very strong level of support around 1.6250 area +/- 20 pips. Will be interesting to see if the PA passes it or reverses like the last few occasions.
  • #186,456
  • Dec 8, 2009 8:01am Dec 8, 2009 8:01am
Hourly candle must open above 1.6313 in order to going up. atm, we might see 1.6200 or ext 1.616
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #186,457
  • Dec 8, 2009 8:01am Dec 8, 2009 8:01am
Quoting chirpy
I have just noticed that guys in here just make forecast, professional traders don't forecast. For all ya that put long trades, I wonder wht all ya was thinking. The Bias has been sell and it is still selling. I think is proper to wait for a trend reverse and then confirm the reverse b4 a long trade is entered.

I will appreciate if no more speculations are done in this room
agree with you..trading is not gambling..but some peoples said "trading without gambling just like food without salt, gambling is the art of trading"
Patience + Discipline =
  • #186,458
  • Dec 8, 2009 8:05am Dec 8, 2009 8:05am
stopped out my long at 6265
  • #186,459
  • Dec 8, 2009 8:05am Dec 8, 2009 8:05am
here we go... bears going for another attempt to break the 625-626 strong support...
  • #186,460
  • Dec 8, 2009 8:11am Dec 8, 2009 8:11am
kiamat is dekat...
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