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Cable Update (GBPUSD)

  • #187,161
  • Dec 11, 2009 3:36am Dec 11, 2009 3:36am
Quoting PipLand
YEP! I see Big Buy orders at 6325
Where do you see these big buy order Matey ??
Let Price determine your future!
  • #187,162
  • Dec 11, 2009 3:36am Dec 11, 2009 3:36am
i'm agree it's bull trap.... she must test 1.6344 before going up again.... be carefull guys
  • #187,163
  • Dec 11, 2009 3:37am Dec 11, 2009 3:37am
Quoting Jemmy
buy stop removed..
Why did u remove it. I strongly believe the bears will take over from now on. Watch out!!! 1.6330 is very hard to break. And the bulls are short of gas.

we shall see 1.6250 soon now. the bulls are tired. The bears are afraid to enter.
  • #187,164
  • Dec 11, 2009 3:38am Dec 11, 2009 3:38am
Guys be careful with Buy. Wait for US open.
Trade only what i see
  • #187,165
  • Dec 11, 2009 3:38am Dec 11, 2009 3:38am
Fiber has arrived at daily R1, cable still in the half way to daily R1..
Patience + Discipline =
  • #187,166
  • Dec 11, 2009 3:39am Dec 11, 2009 3:39am
Quoting Geppyg
Where do you see these big buy order Matey ??
sorry mate cant say but there still there 6321
  • #187,167
  • Dec 11, 2009 3:44am Dec 11, 2009 3:44am
Quoting PipLand
sorry mate cant say but there still there 6321
Hi Buddy,

Be careful of newbies on the board.....There is no level 2 trading in currencies, only market rumours of coms buying at certain rates..its all about PA..If you are talking about high volume ...then i definataly understand you comments...but Big buying to me means....MA...

Good Luck
GeppyG
Let Price determine your future!
  • #187,168
  • Dec 11, 2009 3:44am Dec 11, 2009 3:44am
Quoting uncletrumpet
Why did u remove it. I strongly believe the bears will take over from now on. Watch out!!! 1.6330 is very hard to break. And the bulls are short of gas.

we shall see 1.6250 soon now. the bulls are tired. The bears are afraid to enter.
this order only for news..if news didn't hit the order, it must removed on seconds..
Patience + Discipline =
  • #187,169
  • Dec 11, 2009 3:46am Dec 11, 2009 3:46am
watching and waiting for good moment to join proper camp
  • #187,170
  • Dec 11, 2009 3:46am Dec 11, 2009 3:46am
Quoting Jemmy
this order only for news..if news didn't hit the order, it must removed on seconds..
Good Lad
Let Price determine your future!
  • #187,171
  • Dec 11, 2009 3:49am Dec 11, 2009 3:49am
Quoting Geppyg
Hi Buddy,

Be careful of newbies on the board.....There is no level 2 trading in currencies, only market rumours of coms buying at certain rates..its all about PA..If you are talking about high volume ...then i definataly understand you comments...but Big buying to me means....MA...

Good Luck
GeppyG
Yes there is level 2 trading im not retail! just trying to help cause i see this bought all the way down 2885.

Disclaimer: This does not mean the price will rise!
  • #187,172
  • Dec 11, 2009 3:53am Dec 11, 2009 3:53am
Quoting sreeprakash
Thank you bro, now understood..
Attached my trendline indicator... hope you or someone find it useful...
I have good success using this...

Edit, chart using this indicator attached...
Thanks bro,
I will have a look on it in weekend
  • #187,173
  • Dec 11, 2009 3:55am Dec 11, 2009 3:55am
Quoting PipLand
Yes there is level 2 trading im not retail! just trying to help cause i see this bought all the way down 2885.

Disclaimer: This does not mean the price will rise!
Buddy that is not a negative comment apologies...if you felt so...

I would appreciate if if you could share with me your level 2 platform..

Thanks in advance
Let Price determine your future!
  • #187,174
  • Dec 11, 2009 4:01am Dec 11, 2009 4:01am
Attached Image (click to enlarge)
Click to Enlarge Name: 00000001.jpg Size: 326 KB


I will short it till 6280 after long
Trade only what i see
  • #187,175
  • Dec 11, 2009 4:06am Dec 11, 2009 4:06am
agreed... a placed my buy limit at 1.6280 [email protected] [email protected]
  • #187,176
  • Dec 11, 2009 4:23am Dec 11, 2009 4:23am
Quoting TRFoti
Attachment

I will short it till 6280 after long
Agree but only time will show what to do..
  • #187,177
  • Dec 11, 2009 4:33am Dec 11, 2009 4:33am
EU & Gold pushing up now it won't be long GU will follow just need Patience...
  • #187,178
  • Dec 11, 2009 5:32am Dec 11, 2009 5:32am
What does it mean?
From my small Experience, I think a momentum to the down side.
but what the best practice technique to take a short position after such a pattern formed?
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 41 KB
  • #187,179
  • Dec 11, 2009 6:19am Dec 11, 2009 6:19am
there are 2 usd news will be released..retail sales and consumer sentiment..which one have more severe impact?
Patience + Discipline =
  • #187,180
  • Dec 11, 2009 6:36am Dec 11, 2009 6:36am
I got stopped out at 16290 for zero pips earlier

I have re-entered at 16291 as I still see the move as up today, just god damn bored waiting for it too happen.....

Target still 16450
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