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Cable Update (GBPUSD)

  • #229,381
  • Jun 2, 2010 2:14am Jun 2, 2010 2:14am
she is tightening up....
Attached Image (click to enlarge)
Click to Enlarge Name: 5 min gbpusd trade setup 1.gif Size: 23 KB
  • #229,382
  • Jun 2, 2010 2:19am Jun 2, 2010 2:19am
Went long at 1.4700 will close at 1.4750.
  • #229,383
  • Jun 2, 2010 2:20am Jun 2, 2010 2:20am
Quoting Haymaker
Went long at 1.4700 will close at 1.4750.
Done ! A happy and lucky day!
  • #229,384
  • Jun 2, 2010 2:22am Jun 2, 2010 2:22am
Quoting naser007
Hello
i think Wave 4 from H4 chart is complate and price go Down For create Wave 5
at 1.4050
i think you are right on we might still get a little more up or consolidation till later in london or new york then down we go
  • #229,385
  • Jun 2, 2010 2:22am Jun 2, 2010 2:22am
and she finally wakes up.... missed it Will try to catch the retrace....
  • #229,386
  • Jun 2, 2010 2:25am Jun 2, 2010 2:25am
Quoting Allseeingeye
i think you are right on we might still get a little more up or consolidation till later in london or new york then down we go
so You think what is UP Target?
  • #229,387
  • Jun 2, 2010 2:28am Jun 2, 2010 2:28am
Quoting naser007
so You think what is UP Target?
we are into wave "y" & it can extend up to 1.4884 where we have a measured objective at 1.382 times the length of wave ".w"
  • #229,388
  • Jun 2, 2010 2:37am Jun 2, 2010 2:37am
Quoting Allseeingeye
we are into wave "y" & it can extend up to 1.4884 where we have a measured objective at 1.382 times the length of wave ".w"
i think your mean as 4880 is 4780
did you are type 4880 true?
  • #229,389
  • Jun 2, 2010 2:43am Jun 2, 2010 2:43am
short now 1.4758 TP 1.4716, SL 1.4800
will close manually if market change
  • #229,390
  • Jun 2, 2010 2:44am Jun 2, 2010 2:44am
already divergent in all TF,
if it couldn't hold last high, hemmm....i'm rich...
I will be the number one Manager.
  • #229,391
  • Jun 2, 2010 2:46am Jun 2, 2010 2:46am
Quoting naser007
i think your mean as 4880 is 4780
did you are type 4880 true?
yes 1.4884 is the Highest we should go that does not mean that we cannot turn down right from here, dont forget we have GBP NEWS coming out in less then an hour so we might either spike up & drop or just drop from here, good luck

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  • #229,392
  • Jun 2, 2010 2:56am Jun 2, 2010 2:56am
Quoting pengenjago
short now 1.4758 TP 1.4716, SL 1.4800
will close manually if market change
manual close @ 1.4738... i'm not sure GBP will go deep now... still waiting for some news that will appear in 30m more
  • #229,393
  • Jun 2, 2010 3:09am Jun 2, 2010 3:09am
Quoting pengenjago
manual close @ 1.4738... i'm not sure GBP will go deep now... still waiting for some news that will appear in 30m more
that was fast ... did emotions came into play ... gbp is now 4710
  • #229,394
  • Jun 2, 2010 3:32am Jun 2, 2010 3:32am
im already long at 1.4649, s/l 1.4600, t/p 1.5157
  • #229,395
  • Jun 2, 2010 3:34am Jun 2, 2010 3:34am
How beautiful fx can be when you have your entries in green. All the way 3days of long trading.....
  • #229,396
  • Jun 2, 2010 3:35am Jun 2, 2010 3:35am
Quoting fxoxford
im already long at 1.4649, s/l 1.4600, t/p 1.5157
I would consider closing because we are not going to 150 anytime soon so look it over all moves up are overlapping that is a perfect sign that its not impulsive but CORRECTIVE
  • #229,397
  • Jun 2, 2010 3:40am Jun 2, 2010 3:40am
Quoting Allseeingeye
I would consider closing because we are not going to 150 anytime soon so look it over all moves up are overlapping that is a perfect sign that its not impulsive but CORRECTIVE
the closer it gets to my entry i will consider, thanks for your advice
  • #229,398
  • Jun 2, 2010 3:41am Jun 2, 2010 3:41am
Quoting javapips
it's already pass 12 night in my place, soooo, today is my Birthday


HAPPY B'day to my Self



Better late than never - I am sorry, missed the mail completely.
Many Happy Returns of the Day !
  • #229,399
  • Jun 2, 2010 3:42am Jun 2, 2010 3:42am
Quoting kanakzz
I went short at 4750 with 100 pips take profit... couple of reason, Falling trendline support at 4760 and it also co-incide with 61% retracement ...

I know this is a counter trend trade ..but ... couldnt stop myself.
shifted TP to 1.4560 ... I think we have topped at 4750 today ... it might just fall .. fall and fall ... I hope we reach there today ....
  • #229,400
  • Jun 2, 2010 3:48am Jun 2, 2010 3:48am
Quoting vilas
Better late than never - I am sorry, missed the mail completely.
Many Happy Returns of the Day !
Happy birthday to you Java.
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