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Cable Update (GBPUSD)

  • #190,561
  • Jan 4, 2010 8:47am Jan 4, 2010 8:47am
Quoting omiunu
limit order triggered. stop loss moved to BE
Good entry, breaks 1.6135, you'll get at least 80 pips ! If goes to 1.6135, watch carefully rejected the bearish or not because it is a strong support ( DP today ).
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #190,562
  • Jan 4, 2010 8:49am Jan 4, 2010 8:49am
Price reached 1.6244
Attached Image
  • #190,563
  • Jan 4, 2010 8:51am Jan 4, 2010 8:51am
Market talk of a much higher than expected ISM Manufacturing data

might be absolute cr@p but heard rumour of 65 print for ISM..


take it with pinch of salt guys......


happy trading
Trading is 80% Emotional, 20% Technical
  • #190,564
  • Jan 4, 2010 8:59am Jan 4, 2010 8:59am
I got 2 small pips from 5m chart..

Attached Image (click to enlarge)
Click to Enlarge Name: small pips.jpg Size: 11 KB


Attached Image
Patience + Discipline =
  • #190,565
  • Jan 4, 2010 9:01am Jan 4, 2010 9:01am
Quoting ayaz
Whats at 6196?
Weekly Pivot on 2009/12/21 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #190,566
  • Jan 4, 2010 9:05am Jan 4, 2010 9:05am
so now the data is out wats next
  • #190,567
  • Jan 4, 2010 9:08am Jan 4, 2010 9:08am
Please help me..how to attach images inside frame caption "attached images" or "attached thumbnails" ?
Patience + Discipline =
  • #190,568
  • Jan 4, 2010 9:11am Jan 4, 2010 9:11am
Quoting Nomi1
so now the data is out wats next
1.6135 is the key, above it the target still 1.6280 , breaking it will send the pair to 1.60 again
Winning isn't Everything...Winning is THE ONLY THING
  • #190,569
  • Jan 4, 2010 9:17am Jan 4, 2010 9:17am
short again @ 1.6176. sl @ BE . MANIZE PLEASE ADVICE AGAIN
SCARED MONEY NEVER DOES GOOD IN FOREX
  • #190,570
  • Jan 4, 2010 9:20am Jan 4, 2010 9:20am
Quoting omiunu
short again @ 1.6176. sl @ BE . MANIZE PLEASE ADVICE AGAIN
my TARGET IS 1.6750 on WEDNESDAY. PLEASE EVERYONE ADVICE ME. I AM NEW TRADER. HELP ME!!!!
SCARED MONEY NEVER DOES GOOD IN FOREX
  • #190,571
  • Jan 4, 2010 9:22am Jan 4, 2010 9:22am
Quoting Nomi1
so now the data is out wats next
I always record the previous daily/weekly/monthly pivot level for entry, SL or Target. For me it is very worthy for daily short term trade with target 20 - 50 pips ! Currently, look ! My short from 1.6196 at least + 60 pips gain sofar !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #190,572
  • Jan 4, 2010 9:22am Jan 4, 2010 9:22am
Quoting omiunu
my target is 1.6750 on wednesday. Please everyone advice me. I am new trader. Help me!!!!

sorry 1.5750 on wednesday
SCARED MONEY NEVER DOES GOOD IN FOREX
  • #190,573
  • Jan 4, 2010 9:26am Jan 4, 2010 9:26am
Quoting omiunu
my TARGET IS 1.6750 on WEDNESDAY. PLEASE EVERYONE ADVICE ME. I AM NEW TRADER. HELP ME!!!!

you entered short @1.6176 and your taget is the reded above.
Please explain?
  • #190,574
  • Jan 4, 2010 9:27am Jan 4, 2010 9:27am
Quoting omiunu
short again @ 1.6176. sl @ BE . MANIZE PLEASE ADVICE AGAIN
No greedy ! My target is just only + 40 pips / day ! Wacth carefully 1.6135, hold short or close, up to you !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #190,575
  • Jan 4, 2010 9:38am Jan 4, 2010 9:38am
Quoting baby-trader
you entered short @1.6176 and your taget is the reded above.
Please explain?
sorry meant t.p @1.5750
SCARED MONEY NEVER DOES GOOD IN FOREX
  • #190,576
  • Jan 4, 2010 9:41am Jan 4, 2010 9:41am
Quoting Baby-Trader
you entered short @1.6176 and your taget is the reded above.
Please explain?

b t whats u take on the market now bro
  • #190,577
  • Jan 4, 2010 9:41am Jan 4, 2010 9:41am
Quoting manize
No greedy ! My target is just only + 40 pips / day ! Wacth carefully 1.6135, hold short or close, up to you !
thank you mr. Manize for your help so far, may God bless you and your trade for me. but i dont think 1.6135 will hold. look @ 15 mins chart. we are on wave no 3 of the five wave count to end the downside move
SCARED MONEY NEVER DOES GOOD IN FOREX
  • #190,578
  • Jan 4, 2010 9:42am Jan 4, 2010 9:42am
Quoting kill56
b t whats u take on the market now bro
i have 54 pips profit. SL moved to BE
SCARED MONEY NEVER DOES GOOD IN FOREX
  • #190,579
  • Jan 4, 2010 9:44am Jan 4, 2010 9:44am
Quoting egkid
http://www.forexfactory.com/showthre...19#post3330619
Update, 4H double top And inside the cloud Meaning (Bearish)
All goes fine
  • #190,580
  • Jan 4, 2010 9:44am Jan 4, 2010 9:44am
update the doomed cable
Attached Image (click to enlarge)
Click to Enlarge Name: 4h gbp.gif Size: 16 KB
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