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Cable Update (GBPUSD)

  • #187,241
  • Dec 11, 2009 9:34am Dec 11, 2009 9:34am
Quoting GlobalMacro
Range seems to have been undercut
As such I will attempt a trade at range breakout

Selling here @ 1.6223
I am exiting my short position here @ 1.6223 => +/- 0

My Position Now Is FLAT.
Attached Image
Hear the music before the song is over ...
  • #187,242
  • Dec 11, 2009 9:42am Dec 11, 2009 9:42am
Quoting maxss280
I'm not convinced that we are heading down just quite yet.

It looks like we are still in moving in range and it is providing some good support. I would like to see some bearish movement in between 1.6210 and 1.6190 before I become a bear again

Good Luck
I agree - not totally convinced yet, lets see if 6200 holds
  • #187,243
  • Dec 11, 2009 9:46am Dec 11, 2009 9:46am
Going for Blue Chanel's upper line
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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #187,244
  • Dec 11, 2009 9:47am Dec 11, 2009 9:47am
Quoting Wharfe
See-saw majorie daw.....

Well got stopped ouit at 16291 and reversed as the price action looked suspect prior to the news.

Happy teddy bear now

16200 1st target

1st Target made +88 pips.

Going to bank some and hold the rest, stop down to about 16250
  • #187,245
  • Dec 11, 2009 9:58am Dec 11, 2009 9:58am
Quoting Wharfe
1st Target made +88 pips.

Going to bank some and hold the rest, stop down to about 16250
once again it's true !
  • #187,246
  • Dec 11, 2009 10:00am Dec 11, 2009 10:00am
Quoting moosley
trg hit again....

now @window
long 4h trg 1.63
  • #187,247
  • Dec 11, 2009 10:03am Dec 11, 2009 10:03am
If 1.6196 can hold, what is the next stop for bull?
  • #187,248
  • Dec 11, 2009 10:08am Dec 11, 2009 10:08am
Quoting Petar_Serbia
HMm about gbpusd target is 1.6200 and 1.6180 i close my buterfly before next news...


Cheers
As i said 1.6200 Hit ...

Good Sell hihohi 120 pips

Now its finish to me,no trade,when i see another setup i will take a trade...


Cheers
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"Buy on fear, sell on greed !!!
  • #187,249
  • Dec 11, 2009 10:13am Dec 11, 2009 10:13am
Quoting sibajnok
I went long on GPB/AUD @1.7748
You're the man! I got seriously burned this week (MM went out the window) so I didn't follow you even though when I looked at my charts I agreed......I wish I had
  • #187,250
  • Dec 11, 2009 10:29am Dec 11, 2009 10:29am
deposit 80$ , 141$ not true all balance history.
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  • #187,251
  • Dec 11, 2009 10:29am Dec 11, 2009 10:29am
Gold and Crude oil are going down and it's good for US. I wonder how do they control its during winter/Xmas.
Pride of opinion is a characteristic of losing traders
  • #187,252
  • Dec 11, 2009 10:30am Dec 11, 2009 10:30am
Looks like we are still range bound - if it was gonna go down BIG i would have thought it would have done so by now?

might buy on the next dip towards 6200
  • #187,253
  • Dec 11, 2009 10:32am Dec 11, 2009 10:32am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
i wouldnt mind looking for a sell signal at the .6260 area.

gotta figure out how to take pictures of my charts so i can post em here.

hang with
  • #187,254
  • Dec 11, 2009 10:38am Dec 11, 2009 10:38am
Quoting samdani786
Going for Blue Chanel's upper line
Seems like we have reached the destiny and now its time to Ret. That means cable go north.


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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #187,255
  • Dec 11, 2009 10:46am Dec 11, 2009 10:46am
Quoting cphcphcph
If 1.6196 can hold, what is the next stop for bull?
what bull would that be .. the blind , one legged one that is not doing very well at trying to push the market up

wave 1 complete 16200 , wave 2 to max 1.6270 wave 3 into 1.6100
Blogging daily now at www.volume.zone
  • #187,256
  • Dec 11, 2009 10:47am Dec 11, 2009 10:47am
I want a
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  • #187,257
  • Dec 11, 2009 10:48am Dec 11, 2009 10:48am
Quoting jaboo
i wouldnt mind looking for a sell signal at the .6260 area.

gotta figure out how to take pictures of my charts so i can post em here.

hang with
Just right click on your mt4 chart-->save as picture-->search the file and open with paint if you want to add some drawings--> upload in manage attachments below your post reply...
Pride of opinion is a characteristic of losing traders
  • #187,258
  • Dec 11, 2009 10:48am Dec 11, 2009 10:48am
Quoting EverH
You're the man! I got seriously burned this week (MM went out the window) so I didn't follow you even though when I looked at my charts I agreed......I wish I had

gbpaud is not for newer traders. I have been trading for 7 years and even i do not touch that . I can have very volatile moves out of no where

gu is good enough hundreds of pips to be made this week long and short ... why trade something obscure like gbpaud at all ?
Blogging daily now at www.volume.zone
  • #187,259
  • Dec 11, 2009 10:51am Dec 11, 2009 10:51am
Quoting malcolmb14
what bull would that be .. the blind , one legged one that is not doing very well at trying to push the market up

wave 1 complete 16200 , wave 2 to max 1.6270 wave 3 into 1.6100
The bear hasnt exactly won the battle............?
  • #187,260
  • Dec 11, 2009 10:56am Dec 11, 2009 10:56am
Quoting Sedaka
Just right click on your mt4 chart-->save as picture-->search the file and open with paint if you want to add some drawings--> upload in manage attachments below your post reply...
how to attach my mt4 account history?
Patience + Discipline =
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