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Cable Update (GBPUSD)

  • #219,701
  • Apr 20, 2010 5:26am Apr 20, 2010 5:26am
Quoting jimobiwan
Seems like the train has left without me. Should i now be looking to sell say at 5470 considering day range? And cut at 5520?

Why swim against the tide?
  • #219,702
  • Apr 20, 2010 5:33am Apr 20, 2010 5:33am
Quoting bbakker
I was wrong, but I stuck to my plan and it hit my SL! Now looking for the next trade setup!

yup, good job bro. most people would sacrifice their trade just to be right.
I speak out of experience myself It's not worth it.
Thank You
  • #219,703
  • Apr 20, 2010 5:34am Apr 20, 2010 5:34am
average pip range over last 20days has been 139, so price Lo-Hi so far today at 102% of this average.

G/L
ex member
  • #219,704
  • Apr 20, 2010 5:37am Apr 20, 2010 5:37am
There'll be a very nice area 4 going SHORT !





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Attached Image (click to enlarge)
Click to Enlarge Name: GBP.USD - M30.gif Size: 36 KB
  • #219,705
  • Apr 20, 2010 5:39am Apr 20, 2010 5:39am
come on 5450!!!
  • #219,706
  • Apr 20, 2010 5:41am Apr 20, 2010 5:41am
Quoting free4440273
come on 5450!!!
Patient my fren, you'll get your turn
  • #219,707
  • Apr 20, 2010 5:42am Apr 20, 2010 5:42am
Quoting A-speculator
Bro, i think this thread is lucky to have you onboard bro.. You seem very good at guiding new comers to the right direction (jalan yang lurus ). I'll be happy to help in any way that I can.. every now and then.

Nice to have you here & keep up the good work bro..

Right now I'm waiting for a pullback to either 5380 or 5350.. so right now boring waiting..
thanks bro.
just trying to help, seems like most people are just fixiated on determining trade direction without paying much attention to proper trade management. pawpaw is one of the few people worth the time & effort for us to share because he is honest enough to admit his mistakes
i'm outta here. need to jog. too much roti canai
later bro!
Thank You
  • #219,708
  • Apr 20, 2010 5:43am Apr 20, 2010 5:43am
Still have 1~4 hours b4 able to determine the direction. The indication right now is that if G want to go down, it has to start from GJ, if GJ dont go down, no hope for GU to go short.
Face both Win and Lose bravely
  • #219,709
  • Apr 20, 2010 5:44am Apr 20, 2010 5:44am
If anyone interested, 1.5418 - 1.5438 was a high volume area last week, so we can expect some sort of reaction at these levels
Just my 2 cents worth
  • #219,710
  • Edited 6:07am Apr 20, 2010 5:45am | Edited 6:07am
I'm expect bearish divergence play out soon or later.
Attached Image (click to enlarge)
Click to Enlarge Name: guh1_200410.gif Size: 16 KB
  • #219,711
  • Apr 20, 2010 5:48am Apr 20, 2010 5:48am
Quoting Cowboy11
Still have 1~4 hours b4 able to determine the direction. The indication right now is that if G want to go down, it has to start from GJ, if GJ dont go down, no hope for GU to go short.
I think GJ follow GU not the other way round bro... coz GJ is just a synthetic pair consisting of GU x UJ..
  • #219,712
  • Apr 20, 2010 5:48am Apr 20, 2010 5:48am
Quoting special0nefx
Patient my fren, you'll get your turn
and then i short heavily!
  • #219,713
  • Apr 20, 2010 5:48am Apr 20, 2010 5:48am
Quoting Guy Mann
If anyone interested, 1.5418 - 1.5438 was a high volume area last week, so we can expect some sort of reaction at these levels

Just Correct'em to 28 - 40 !
  • #219,714
  • Apr 20, 2010 5:50am Apr 20, 2010 5:50am
nice hefty bounce european bourses !
  • #219,715
  • Apr 20, 2010 5:51am Apr 20, 2010 5:51am
Quoting Cotton-I-Jo
Just Correct'em to 28 - 40 !
Do you also use volume in your trading?
Just my 2 cents worth
  • #219,716
  • Apr 20, 2010 5:59am Apr 20, 2010 5:59am
Quoting Guy Mann
Do you also use volume in your trading?

Nope at all !


Just C my drawn chart !


Then u'll get it !


  • #219,717
  • Apr 20, 2010 6:04am Apr 20, 2010 6:04am
Quoting special0nefx
I'm expert bearish divergence play out soon or later.
Hi, what setting do you use for your MACD? Thanks!
  • #219,718
  • Apr 20, 2010 6:04am Apr 20, 2010 6:04am
http://s45.radikal.ru/i107/1004/56/c49602fdb523.gif
Trend is your enemy, moneymanagement - your friend
  • #219,719
  • Apr 20, 2010 6:05am Apr 20, 2010 6:05am
Quoting Oshawa
Hi, what setting do you use for your MACD? Thanks!
I get it there----> http://fx1618.com/indicators.html
  • #219,720
  • Apr 20, 2010 6:05am Apr 20, 2010 6:05am
salam hi all


what is the damage miss the ride up busy with the doodoo

good news from the UK lets see whats going on
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