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Cable Update (GBPUSD)

  • #196,561
  • Jan 28, 2010 12:52am Jan 28, 2010 12:52am
Quoting oftenhungry
could you plese tell moved stop loss to which point? thanks
I normally set it to 30 pips above the highest candle. But lots of resistance in the way (1.6283 and 1.6312 which is 4hour .618 fib)- My stop loss is currently at 1.6350 which is way too high, but if it breaks above that then it will go... This is very risky so please don't copy me, trade your own rules.
May the forex be with you |
  • #196,562
  • Jan 28, 2010 12:54am Jan 28, 2010 12:54am
There is a triple top in 1H chart.
  • #196,563
  • Jan 28, 2010 12:54am Jan 28, 2010 12:54am
Quoting Liquid
Over the past few days price was in consolidation. Price seems to have found more buyers early this morning. Daily Market Sentiment on the Cable is still Bullish. I want to see price continue to break Daily Candle highs. Will be looking to release profits and possibly look for shorts @ the levels of Resistance @ 1.6409 – 1.6456 area and/or 1.6672 – 1.720 area (both rectangular highlights on chart).


Just Modify Them To 429 & 687
* Never Trust To Any Indicator *
  • #196,564
  • Jan 28, 2010 12:55am Jan 28, 2010 12:55am
Quoting Fly2
you mean German unemployment news

It's US employment due out 2.30pm E.T.
  • #196,565
  • Jan 28, 2010 12:59am Jan 28, 2010 12:59am
Quoting oftenhungry
could you plese tell moved stop loss to which point? thanks
This is what I'm seeing - sorry I said 4 hour, in my previous post but it's clearer on my 8 hour.
Attached Image (click to enlarge)
Click to Enlarge Name: 8 hour.jpg Size: 29 KB
May the forex be with you |
  • #196,566
  • Jan 28, 2010 1:02am Jan 28, 2010 1:02am
is too early to go short...i would wait 2 more hours to see how will look...London has to lose some strenght.

She wants to go higher
Jacko's turtle
  • #196,567
  • Jan 28, 2010 1:05am Jan 28, 2010 1:05am
Must U all go SHORT all together... I banking +55pips. I don't need your money$$. I am so GREEN, I mean de Bills...

For a Guy with no trading skills, system, habit and Indicators... I trade well above my peers...
  • #196,568
  • Jan 28, 2010 1:05am Jan 28, 2010 1:05am
i agree that target 1.63-1.6345 -1.6375
Quoting Shad
Back To The North !



  • #196,569
  • Jan 28, 2010 1:11am Jan 28, 2010 1:11am
Quoting intrepid1
There is a triple top in 1H chart.

Closed all my pending LONG... Looks like the Data has trickled out (US employment data 2.30pm E.T.)

Am waiting for clear signal to go LONG... Also P.O. Sell orders opened. thanks.
  • #196,570
  • Jan 28, 2010 1:13am Jan 28, 2010 1:13am
ascending triangle
  • #196,571
  • Jan 28, 2010 1:17am Jan 28, 2010 1:17am
damn you . make me rich
  • #196,572
  • Jan 28, 2010 1:18am Jan 28, 2010 1:18am
Think its about that time to form a nice pin bar 200 here I come
  • #196,573
  • Jan 28, 2010 1:20am Jan 28, 2010 1:20am
Quoting Fly2
Think its about that time to form a nice pin bar

U mean doji... Yeah!! I guessed right
  • #196,574
  • Jan 28, 2010 1:23am Jan 28, 2010 1:23am
maybe me but i notice a pattern with them lately/same time
  • #196,575
  • Jan 28, 2010 1:26am Jan 28, 2010 1:26am
Am Out till NY session... Goodluck Cable Guys.
  • #196,576
  • Jan 28, 2010 1:26am Jan 28, 2010 1:26am
every decent pin bar i see at 8:00 on chart /4 hour chart---- 4 am est here
  • #196,577
  • Jan 28, 2010 1:26am Jan 28, 2010 1:26am
Should I close my short position?
  • #196,578
  • Jan 28, 2010 1:26am Jan 28, 2010 1:26am
pls can any1 help me out on GBP/USD i really want to make like 50 pips and above in today's market the market kind 'f reversed against me now
  • #196,579
  • Jan 28, 2010 1:26am Jan 28, 2010 1:26am
Points of interests are.... 1.6310 and 1.6330

Break them, hello 1.6400
Attached Image (click to enlarge)
Click to Enlarge Name: cable.JPG Size: 112 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #196,580
  • Jan 28, 2010 1:32am Jan 28, 2010 1:32am
Quoting Bull_Bear
Points of interests are.... 1.6310 and 1.6330

Break them, hello 1.6400

I'll Greet To 1.668 !


* Never Trust To Any Indicator *
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