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Cable Update (GBPUSD)

  • #227,961
  • May 21, 2010 6:44am May 21, 2010 6:44am
Quoting kaspichus
I have long from 1.4400 with TP 1.4464. But what YOU all think about that, I need care or it will jump up
Why is your TP less than your SL? Make sure your risk reward is well balanced in your favour.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #227,962
  • May 21, 2010 6:46am May 21, 2010 6:46am
Quoting manize
I'm in at 1.4325 but not for long term, just look for min 10 pips !
It farted through your 10pips...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #227,963
  • May 21, 2010 6:47am May 21, 2010 6:47am
Quoting profxtrader
This sucker is so going down. I'm short from 4440. See you at the bottom.
Why?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #227,964
  • May 21, 2010 6:47am May 21, 2010 6:47am
Quoting Bull_Bear
Why is your TP less than your SL? Make sure your risk reward is well balanced in your favour.

I know, but at first I delete my SL waiting for good time, but what will be now, I don't know.
  • #227,965
  • May 21, 2010 6:48am May 21, 2010 6:48am
Quoting Bull_Bear
Here you go Kill.... Stay true to your charts mate
will i am

o think line in the sand to me is 14470 if we do break above we are going north for sure below cable is doomed
Attached Image (click to enlarge)
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  • #227,966
  • May 21, 2010 6:51am May 21, 2010 6:51am
bb daily
Attached Image (click to enlarge)
Click to Enlarge Name: daily cable.gif Size: 13 KB
  • #227,967
  • May 21, 2010 6:55am May 21, 2010 6:55am
out for the day

best of luck to u all enjoy the green
  • #227,968
  • May 21, 2010 6:58am May 21, 2010 6:58am
Quoting Bull_Bear
I'm stay'n long for now Manize, yesterdays rejection is a sign of retracement mate.

Warning for those that are considering shorting at this level.
I did warn you guys...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #227,969
  • May 21, 2010 6:59am May 21, 2010 6:59am
Nothing special, just my thoughts.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.jpg Size: 126 KB
Every time you use 'hopium' in a post, God kills a kitten.
  • #227,970
  • May 21, 2010 7:02am May 21, 2010 7:02am
Quoting Bull_Bear
Why?
See above.
Every time you use 'hopium' in a post, God kills a kitten.
  • #227,971
  • May 21, 2010 7:09am May 21, 2010 7:09am
I have aborted long... am on the short side now...

sell

1.4371.. SL 1.4480.. TP 1.4180
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #227,972
  • May 21, 2010 7:12am May 21, 2010 7:12am
Quoting profxtrader
Nothing special, just my thoughts.
Good chart. Upside rejection holds more weight, an oversight by me.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #227,973
  • May 21, 2010 7:14am May 21, 2010 7:14am
Quoting Bull_Bear
I have aborted long... am on the short side now...

sell

1.4371.. SL 1.4470.. TP 1.6100
I think your TP is wrong although keep an eye on the 4250 to 4220 area. Depending on how long you hold your trades, I'd probably take profits there and sell a successful break of the lower #. I'm holding this baby for the eventual ride down but I hold my trades sometimes in excess of a week. That might not be your horizon however.
Every time you use 'hopium' in a post, God kills a kitten.
  • #227,974
  • May 21, 2010 7:14am May 21, 2010 7:14am
Quoting Bull_Bear
I have aborted long... am on the short side now...

sell

1.4371.. SL 1.4480.. TP 1.6100
  • #227,975
  • May 21, 2010 7:19am May 21, 2010 7:19am
Quoting profxtrader
I think your TP is wrong although keep an eye on the 4250 to 4220 area. Depending on how long you hold your trades, I'd probably take profits there and sell a successful break of the lower #. I'm holding this baby for the eventual ride down but I hold my trades sometimes in excess of a week. That might not be your horizon however.
typo 1.4180 is my tp
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #227,976
  • May 21, 2010 7:21am May 21, 2010 7:21am
M15/200 has been proving as the strong S/R on M15 !
Attached Image (click to enlarge)
Click to Enlarge Name: 200510.gif Size: 76 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #227,977
  • May 21, 2010 7:22am May 21, 2010 7:22am
if the upper house of the German Parliament approve the bail out , wont this fly at least temporarily?
  • #227,978
  • May 21, 2010 7:24am May 21, 2010 7:24am
Quoting Bull_Bear
I have aborted long... am on the short side now...

sell

1.4371.. SL 1.4480.. TP 1.4180

Q, d1 has a bullish harami from 2 days ago still valid. The W1 is also dead on the 76.4 fe
I think 4235 level is of yesterday's low is a more likely target if it does get that far. Current price is still stalled at mp level @4327. Well defended level so far bro.
Thank You
  • #227,979
  • May 21, 2010 7:26am May 21, 2010 7:26am
OK I know I do wrong with my Long position without SL and now I take hadge and I think GU will go to 1.4250
  • #227,980
  • May 21, 2010 7:34am May 21, 2010 7:34am
Quoting Bull_Bear
I have aborted long... am on the short side now...

sell

1.4371.. SL 1.4480.. TP 1.4180
Exactly a same entry with mine but differ on the target, mines is just only + 20 pips and was hit now. Waiting for bounce up again to reentry, because 1.4330 is an enough potential strong support !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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