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Cable Update (GBPUSD)

  • #195,641
  • Jan 25, 2010 5:31am Jan 25, 2010 5:31am
Quoting fendi
This is difficult to trade, I would be suprised to see anyone still trading LONG at this point.............. watch it the BEAR'S are setting UP a TRAP. i have short @ 1.6164 SHORT G/U T.P 1.6040. A BULL BOUNCE TOMORROW, WOULD TAKE IT DOWN FROM THERE FOR ANOTHER 800-1000PIPS SHORT......... U BELIEVE ME OR NOT WATCH IT DO ITS THING.........
I am short @ 6155, bit early i think. But am prepared to enter at 1.6216 and i certianly agree this will drop many many pips from the next swing high.
  • #195,642
  • Jan 25, 2010 5:39am Jan 25, 2010 5:39am
I've started to build long position based on the weekend analysis. Stop had been placed @6050
This should be my last trade for January as I am not willing to risk my gains for this month further. I will however look to add once price breaks the utl.
Good luck trading everyone
Attached Image (click to enlarge)
Click to Enlarge Name: guh1.JPG Size: 77 KB
Thank You
  • #195,643
  • Jan 25, 2010 5:40am Jan 25, 2010 5:40am
Previous H1 on EU is very bullish, becarefull go short earlier !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #195,644
  • Jan 25, 2010 5:41am Jan 25, 2010 5:41am
Hi,

Too early to short i'd say,i'll wait until it reaches the 1,6210-30 zone and check the PA once there.

And if goes down, i wish money for all shorts!
COT: The precious data ignored
  • #195,645
  • Jan 25, 2010 5:45am Jan 25, 2010 5:45am
Quoting manize
Previous H1 on EU is very bullish, becarefull go short earlier !

Excactly what i think, increasing vol on upmove, price close on top, i don't see any reversal yet unless there are shitloads of hidden sellers on each candle which i doubt (not yet)
But i might be wrong
COT: The precious data ignored
  • #195,646
  • Jan 25, 2010 5:46am Jan 25, 2010 5:46am
Quoting wormboy
I've started to build long position based on the weekend analysis. Stop had been placed @6050
This should be my last trade for January as I am not willing to risk my gains for this month further. I will however look to add once price breaks the utl.
Good luck trading everyone

Got to say this... U are one hell of a professional Trader. U got the eyes... Iam so LONG now and have to say this Bravo!!!
  • #195,647
  • Jan 25, 2010 5:50am Jan 25, 2010 5:50am
Quoting manize
Previous H1 on EU is very bullish, becarefull go short earlier !

Bullish EU... But the Cable is all UPward now. LONG all the way...
  • #195,648
  • Jan 25, 2010 5:53am Jan 25, 2010 5:53am
LIQUIDITY CONSUMER SENTIMENT INDEX

......................Last update ....6 hours ago ....1 day ago .....5 days ago
GBPUSD......... +32.12% ..........+61.20% .........+59.80% .......-77.42%

Compared to the last 6 hours I'd say it's going down.
  • #195,649
  • Edited 6:14am Jan 25, 2010 5:59am | Edited 6:14am
http://i254.photobucket.com/albums/h...85/Capture.jpg
I'm
short GU @ 1.650, SL1.6575, TP1.6505

---------------------------------------------------
TRADING IS A PROBABILITY GAME, NOTHING IS GUARANTEED
  • #195,650
  • Edited 6:21am Jan 25, 2010 6:04am | Edited 6:21am
Quoting Reznik
Bullish EU... But the Cable is all UPward now. LONG all the way...
Can not avoid to push the long button on again ---> 1.6146 !

Try to be a long term trader. Many people says more better than scalper !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #195,651
  • Jan 25, 2010 6:23am Jan 25, 2010 6:23am
Quoting manize
Can not avoid to push the long button on again ---> 1.6146 !

Try to be a long term trader. Many people says more better than scalper !
Manize easy bro.... temptation is great mate.

Long term trader is less stressful if you stick to the plan Manize.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #195,652
  • Jan 25, 2010 6:24am Jan 25, 2010 6:24am
Quoting ice_chill
LIQUIDITY CONSUMER SENTIMENT INDEX

......................Last update ....6 hours ago ....1 day ago .....5 days ago
GBPUSD......... +32.12% ..........+61.20% .........+59.80% .......-77.42%

Compared to the last 6 hours I'd say it's going down.

Good news... Losing momemtum. Ha!!
  • #195,653
  • Jan 25, 2010 6:27am Jan 25, 2010 6:27am
Quoting Bull_Bear
Manize easy bro.... temptation is great mate.

Long term trader is less stressful if you stick to the plan Manize.
Teach me friend !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #195,654
  • Jan 25, 2010 6:35am Jan 25, 2010 6:35am
hi all

still short and sell all the rallies unless we break 16179 and an h1 open above it
  • #195,655
  • Jan 25, 2010 6:39am Jan 25, 2010 6:39am
Quoting manize
Teach me friend !
You don't need me to teach you manize... you already know how to trade.

Your only challenge is you.

STOP PRESSING THAT BUTTON
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #195,656
  • Jan 25, 2010 6:39am Jan 25, 2010 6:39am
update
Attached Image (click to enlarge)
Click to Enlarge Name: h1 cable.gif Size: 19 KB
  • #195,657
  • Jan 25, 2010 6:42am Jan 25, 2010 6:42am
Quoting Reznik
Got to say this... U are one hell of a professional Trader. U got the eyes... Iam so LONG now and have to say this Bravo!!!
Thanks for the kind words bro, but I could still be wrong

btw, I'm not a professional trader. I won't be in a public forum if I am one
Thank You
  • #195,658
  • Jan 25, 2010 6:49am Jan 25, 2010 6:49am
Quoting Bull_Bear
You don't need me to teach you manize... you already know how to trade.

Your only challenge is you.

STOP PRESSING THAT BUTTON
I hope !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #195,659
  • Jan 25, 2010 6:52am Jan 25, 2010 6:52am
1.6136 is hard to break, i think. is it really a hard resistance or what?
  • #195,660
  • Jan 25, 2010 6:55am Jan 25, 2010 6:55am
Where she go now ?
Give me patience
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