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Cable Update (GBPUSD)

  • #194,241
  • Jan 19, 2010 8:00am Jan 19, 2010 8:00am
Quoting fxblinkers
are you guys expecting any serious move from the news in a few min...????
Not really
Don't tell me how much you can earn. Tell me how much you may lose..
  • #194,242
  • Jan 19, 2010 8:02am Jan 19, 2010 8:02am
Quoting EliteFX
Not really
Don't tell me how much you can earn. Tell me how much you may lose..
  • #194,243
  • Jan 19, 2010 8:04am Jan 19, 2010 8:04am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
matey!
you put them in fibo levels, description column.
Example:

23.6 %$


Quoting geoffb65
Sorry for being thick but where do you put %$ ?
  • #194,244
  • Jan 19, 2010 8:09am Jan 19, 2010 8:09am
Quoting ams
matey!
you put them in fibo levels, description column.
Example:

23.6 %$
Many thanks!
  • #194,245
  • Jan 19, 2010 8:12am Jan 19, 2010 8:12am
4:00pm USD
TIC Long-Term Purchases
http://cdn.forexfactory.com/images/m...dar_detail.gif 126.8B
30.3B19.3Bhttp://cdn.forexfactory.com/images/m...us_revised.gif

TIC Long-Term Purchases
Actual 126.8B
forcast 30.3 B
prev 19.3 B

it is very strong to move $ up.
  • #194,246
  • Jan 19, 2010 8:19am Jan 19, 2010 8:19am
going long @ 6351
Attached Image (click to enlarge)
Click to Enlarge Name: jan19.gif Size: 39 KB
  • #194,247
  • Jan 19, 2010 8:23am Jan 19, 2010 8:23am
Quoting trabagwe
going long @ 6351
why? your chart didn't confirm that.
  • #194,248
  • Jan 19, 2010 8:24am Jan 19, 2010 8:24am
You mean short???
Quoting trabagwe
going long @ 6351
  • #194,249
  • Jan 19, 2010 8:38am Jan 19, 2010 8:38am
got stung badly in that sharp up move... Hoping for a rapid reversal...........
  • #194,250
  • Jan 19, 2010 8:51am Jan 19, 2010 8:51am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 15 KB
  • #194,251
  • Jan 19, 2010 9:01am Jan 19, 2010 9:01am
I miss GM .... !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #194,252
  • Jan 19, 2010 9:04am Jan 19, 2010 9:04am
Quoting manize
I miss GM .... !
LOL!!!!!! That's it for me, I'm off to sleep!! Good luck Mate!!! Don't miss him so much!!!
  • #194,253
  • Jan 19, 2010 9:05am Jan 19, 2010 9:05am
i close my short position @ 6355 after short again @6368
  • #194,254
  • Jan 19, 2010 9:06am Jan 19, 2010 9:06am
are we going to see any price action when BOE gov speak
  • #194,255
  • Edited 9:25am Jan 19, 2010 9:09am | Edited 9:25am
Quoting maurofx
LOL!!!!!! That's it for me, I'm off to sleep!! Good luck Mate!!! Don't miss him so much!!!
Combine with my system, he inspires me how to grab hundred of pips easily ! How your trade bro ?
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #194,256
  • Jan 19, 2010 9:13am Jan 19, 2010 9:13am
Quoting imphotep
i close my short position @ 6355 after short again @6368
On time decission !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #194,257
  • Jan 19, 2010 9:13am Jan 19, 2010 9:13am
Guys i opened buy on GBPUSD,good retrace from buy,trend is up and i have black dog...





Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdblacktrading.gif Size: 33 KB
"Buy on fear, sell on greed !!!
  • #194,258
  • Jan 19, 2010 9:24am Jan 19, 2010 9:24am
Quoting GlobalMacro
Bearish momentum subsided today
Cable tested former down TL around 1.5920 and bounced

As such I'm buying here @ 1.5955 ...just below yesterday's stopout level anticipating re-entry into prior range zone.


Merry Christmas!
Alright...here we go...

Looks like price is exhausted after running a 8-day non-stop rally as evident by the pin bar on the daily


I am exiting my long position here @ 1.6378
and taking profits of 423 pips!


My Position Now Is F L A T !
Attached Image
Hear the music before the song is over ...
  • #194,259
  • Jan 19, 2010 9:24am Jan 19, 2010 9:24am
Quoting egkid
My daily chart and my view,There could be fast move to 1.6350 but i target 1.5750 as TP1
Of course i could be wrong so don't follow me But follow your own view.
http://www.forexfactory.com/showthre...23#post3363223
My last add 1.6385
  • #194,260
  • Jan 19, 2010 9:26am Jan 19, 2010 9:26am
My Longs from last night are taking a slight beating, but I'm holding them.
In fact, I've just opened another Long @ 1.6378, TP target @ 1.64795 just like the other 2.

My daily chart shows 200EMA still providing good support. 4H getting 21EMA support. Murrey Math levels are at overbought, but if it explodes pas 1.64795 then we will see a new frame calculated.
A pip is only worth it if you know how much you risked to earn it
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