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Cable Update (GBPUSD)

  • #191,001
  • Jan 6, 2010 7:10am Jan 6, 2010 7:10am
still holding my short at 1.6036 waiting for the news just moved SL to 1.5992 to make it tighter. hoping that news will drop the GBP like a rock. Or how they say it? Drop it like it's HOT!
  • #191,002
  • Jan 6, 2010 7:10am Jan 6, 2010 7:10am
Quoting dil
Ready for the news ?

still holding my shorts

hope the trade doesn't became - VE

AS I HAVE -ve SIGNS
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #191,003
  • Jan 6, 2010 7:15am Jan 6, 2010 7:15am
long for couple pips

5+ pips closed
  • #191,004
  • Jan 6, 2010 7:17am Jan 6, 2010 7:17am
aw disappointing news... i guess i will just settle for 50+ pips if i get stopped out. will just let this flow
  • #191,005
  • Jan 6, 2010 7:17am Jan 6, 2010 7:17am
Quoting dil
long for couple pips

5+ pips
yep GU will give a long for 50 odd pips
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 20 KB
  • #191,006
  • Jan 6, 2010 7:21am Jan 6, 2010 7:21am
will the news effect break 6020 ? anyone
Guide me please
  • #191,007
  • Jan 6, 2010 7:22am Jan 6, 2010 7:22am
Long + 20 pips quick gain !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #191,008
  • Jan 6, 2010 7:26am Jan 6, 2010 7:26am
don't pannic folks

only scalpers goes long

everything will back south again

see u in south-africa

AMR

THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #191,009
  • Jan 6, 2010 7:27am Jan 6, 2010 7:27am
Quoting forexlion
yep GU will give a long for 50 odd pips
please tell when you close the position too

i see its going down now..
  • #191,010
  • Jan 6, 2010 7:30am Jan 6, 2010 7:30am
Quoting manize
Long + 20 pips quick gain !
How did you do this??????
Can you post your chart or explain.
Thnx
  • #191,011
  • Jan 6, 2010 7:32am Jan 6, 2010 7:32am
Quoting paromi
please tell when you close the position too

i see its going down now..
on 15 min, GU will go up for 50 odd pips to complete wave 4 then drop hard for wave 5

enjoy
Attached Image
  • #191,012
  • Jan 6, 2010 7:45am Jan 6, 2010 7:45am
Hi Lion

Didnt gone up, has the drop begun - looks like it?

Ike

Quoting forexlion
on 15 min, GU will go up for 50 odd pips to complete wave 4 then drop hard for wave 5

enjoy
  • #191,013
  • Jan 6, 2010 7:47am Jan 6, 2010 7:47am
Quoting forexlion
on 15 min, GU will go up for 50 odd pips to complete wave 4 then drop hard for wave 5

enjoy
its so frustrating when it goes up and down and i see either a small profit or a larger loss in the balance
  • #191,014
  • Jan 6, 2010 7:50am Jan 6, 2010 7:50am
Quoting paromi
its so frustrating when it goes up and down and i see either a small profit or a larger loss in the balance

Same here
  • #191,015
  • Jan 6, 2010 7:54am Jan 6, 2010 7:54am
Quoting at2au
How did you do this??????
Can you post your chart or explain.
Thnx
1. The habit of a news at the down trend is started with the bull trap and then back to previous level. Up to where I don't know. On my chart may go to the magentha/blue/white horizontal line.

2. But the bull trap may become the really reverse trend, taking account to 1.644/56 is the strong support !

Note : My anlysis is not valid for the long term trader !
Attached Image (click to enlarge)
Click to Enlarge Name: 060110a.gif Size: 62 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #191,016
  • Jan 6, 2010 7:56am Jan 6, 2010 7:56am
Quoting manize
1. The habit of a news at the down trend is started with the bull trap and then back to previous level. Up to where I don't know. On my chart may go to the magentha/blue/white horizontal line.

2. But the bull trap may become the really reverse trend, taking account to 1.644/56 is the strong support !

Many Thanks for this.
I have learned again
  • #191,017
  • Jan 6, 2010 8:06am Jan 6, 2010 8:06am
Quoting at2au
Many Thanks for this.
I have learned again
Again, what I've said is not about tomorrow trend because I am a daily trader, never hold a position untill US session closing time. Daily target just only + 40 pips ! Reached or not go bed if tired !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #191,018
  • Jan 6, 2010 8:07am Jan 6, 2010 8:07am
longed@ 1.6089.....will close it if it gets below 1.6050.lets see
  • #191,019
  • Jan 6, 2010 8:12am Jan 6, 2010 8:12am
narrowing triangle on 5min chart ... trend continuation down
  • #191,020
  • Jan 6, 2010 8:20am Jan 6, 2010 8:20am
hallo. does anyone trade gold ? i need some help here. thank you.
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