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Cable Update (GBPUSD)

  • #228,181
  • May 24, 2010 4:17am May 24, 2010 4:17am
Quoting fendi
Not bad an entry at least u would hold it until u.s close esle close @1.4460-57. cos i see we rally around this region b4 we test our new high and then come down again to form new lower low also
only tp at 4455. if not hit and PA against me... i will buy again around 4375
  • #228,182
  • May 24, 2010 4:18am May 24, 2010 4:18am
Quoting fendi
Not bad an entry at least u would hold it until u.s close esle close @1.4460-57. cos i see we rally around this region b4 we test our new high and then come down again to form new lower low also
there is not time to test the high, we just going down today eventually, sometime. so hold ur shorts
  • #228,183
  • May 24, 2010 4:25am May 24, 2010 4:25am
Quoting Honored
there is not time to test the high, we just going down today eventually, sometime. so hold ur shorts
and why would that be? Can you give a reason for your "GUESS"
@pawpaw1000 on Twitter
  • #228,184
  • May 24, 2010 4:34am May 24, 2010 4:34am
weekly trade

buy gbp at 1.4390 stoploss of 1.4330 tr 1.4590--1.4700

regards
Nishant
  • #228,185
  • May 24, 2010 4:36am May 24, 2010 4:36am
Possible u are right, even though i feel it may rise, i would only take short entries i dare not trade long at this period.... anyway thanks b cos i had to re-analyz all my charts properly. think the long may come but not much as expected.......



Quoting Honored
there is not time to test the high, we just going down today eventually, sometime. so hold ur shorts
  • #228,186
  • May 24, 2010 4:37am May 24, 2010 4:37am
Quoting forexliar
only tp at 4455. if not hit and PA against me... i will buy again around 4375
TP hit ... now planning for new setup .....
  • #228,187
  • May 24, 2010 4:41am May 24, 2010 4:41am
Taken a new short at this time when some entries are made on long, lets see who holds.
  • #228,188
  • May 24, 2010 4:46am May 24, 2010 4:46am
Quoting Honored
there is not time to test the high, we just going down today eventually, sometime. so hold ur shorts
2 months ago... sure i'm with you. But the past couple of weeks, I think it could happen. The 4h chart has plenty of examples. I'd post a chart but i'm useing a laptop to surf the web. 100 - 300 pip candles. Bull and bear back to back. We'll see. Happy trading!
  • #228,189
  • May 24, 2010 4:52am May 24, 2010 4:52am
Weekly View


Just 4 Long-Term Traders :
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Attached Image (click to enlarge)
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  • #228,190
  • May 24, 2010 4:52am May 24, 2010 4:52am
Quoting fendi
Taken a new short at this time when some entries are made on long, lets see who holds.

Sell Limit : 4515 TP 30 pip

Buy Limit : 4475 TP 60 pip
  • #228,191
  • May 24, 2010 5:03am May 24, 2010 5:03am
Quoting forexliar
TP hit ... now planning for new setup .....
Nice job ! Seeing your new set up I prefer like to buy then, 1.4397 or 1.4360 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #228,192
  • May 24, 2010 5:06am May 24, 2010 5:06am
Quoting pawpaw1000
and why would that be? Can you give a reason for your "GUESS"
this is no guess.... its just today's momentum
  • #228,193
  • May 24, 2010 5:07am May 24, 2010 5:07am
Quoting manize
Nice job ! Seeing your new set up I prefer like to buy then, 1.4397 or 1.4360 !
don't blame me if i'm wrong bro look my id ...... forexliar ....... indonesia bersatu tak bisa di kalah kan .... btul btul btul ?
  • #228,194
  • May 24, 2010 5:13am May 24, 2010 5:13am
here's the money line. good place to reverse short & go long again, reasonable risk reward.
A break & close below the ltl negates the long setup.

Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 27 KB
Thank You
  • #228,195
  • May 24, 2010 5:16am May 24, 2010 5:16am
Quoting wormboy
here's the money line. good place to reverse short & go long again, reasonable risk reward.
A break & close below the ltl negates the long setup.

Good luck.
I think the money line is around 1.4 conservatively and 1.3865 for myself.
Every time you use 'hopium' in a post, God kills a kitten.
  • #228,196
  • May 24, 2010 5:25am May 24, 2010 5:25am
Quoting profxtrader
I think the money line is around 1.4 conservatively and 1.3865 for myself.
so you're short till 1.4 then?
Thank You
  • #228,197
  • May 24, 2010 5:25am May 24, 2010 5:25am
Quoting forexliar
Sell Limit : 4515 TP 30 pip

Buy Limit : 4475 TP 60 pip
Buy Limit : Triggered
  • #228,198
  • May 24, 2010 5:29am May 24, 2010 5:29am
Quoting forexliar
don't blame me if i'm wrong bro look my id ...... forexliar ....... indonesia bersatu tak bisa di kalah kan .... btul btul btul ?
  • #228,199
  • May 24, 2010 5:34am May 24, 2010 5:34am
Now i have taken a 1.4379 s.l 70pips t.p 70-100pips, hope i saw this properly................
  • #228,200
  • May 24, 2010 5:41am May 24, 2010 5:41am
15pips am out not good trading against trend..... i wait for retracement and follow down....BETTER........
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