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Cable Update (GBPUSD)

  • #231,081
  • Jun 10, 2010 8:11pm Jun 10, 2010 8:11pm
Still look safe for now the cycle start to reverse to the down side on the 5mn.
Attached Image (click to enlarge)
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  • #231,082
  • Jun 10, 2010 8:16pm Jun 10, 2010 8:16pm
Quoting wormboy
Took the counter & sold @4705 with stop placed @4765. Going for 1:1 return, but will not hesitate to close the trade if price decides to turn before getting to the desired target. And being counter, this trade is taken at much lowered risk.

Okay, later all. Good luck.
morning.

trade target & tp had been adjusted to stop being moved to 4750 with tp being installed 4655.
Not planning to take this trade beyond fo.

Let's see.


Original chart :
1. http://www.forexfactory.com/showpost...stcount=231066
Attached Image (click to enlarge)
Click to Enlarge Name: gum5.gif Size: 26 KB
Thank You
  • #231,083
  • Jun 10, 2010 8:40pm Jun 10, 2010 8:40pm
Quoting wormboy
morning.

trade target & tp had been adjusted to stop being moved to 4750 with tp being installed 4655.
Not planning to take this trade beyond fo.

Let's see.


Original chart :
1. http://www.forexfactory.com/showpost...stcount=231066

This is so right but U got risk in the Trade... Be very careful!!
  • #231,084
  • Edited 10:13pm Jun 10, 2010 9:14pm | Edited 10:13pm
this is the chart for last night, i thought would be at 21 GMT, little slip 2 hour.
anyway that's ok, i'm in (Short),
SL = 1.4740
TP = i want to say 1.38xx but afraid if it's break 1.4730, i would be shame , so just look at green area for TP.

hope green pips for you all,



IDR: jangan coba2 counter short yg ini. gw rada yakin soalnya .
(btw cm saran aja ) semoga sukses.
Attached Image (click to enlarge)
Click to Enlarge Name: june 11.JPG Size: 42 KB
I will be the number one Manager.
  • #231,085
  • Jun 10, 2010 9:25pm Jun 10, 2010 9:25pm
Sold 4712
SL 4750
TP 4645

All the best u all.
  • #231,086
  • Jun 10, 2010 10:12pm Jun 10, 2010 10:12pm
I'm still very patient with cable with the 3 targets in view
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-wkly3.gif Size: 19 KB
From the tips to the dips, it's all about the pips
  • #231,087
  • Jun 10, 2010 10:16pm Jun 10, 2010 10:16pm
All of you shorting have some guts, cant find any reason to short...... Anyway good luck to all you shorters, i take my solo trip all long . At the end of today before i close my long. Hope i am 85% right.....
  • #231,088
  • Jun 10, 2010 10:17pm Jun 10, 2010 10:17pm
Quoting fendi
All of you shorting have some guts, cant find any reason to short...... Anyway good luck to all you shorters, i take my solo trip all long . At the end of today before i close my long. Hope i am 85% right.....
you are not alone
  • #231,089
  • Jun 10, 2010 10:39pm Jun 10, 2010 10:39pm
Quoting julian501
you are not alone

Lol... looks like we're all swinging up then.
From the tips to the dips, it's all about the pips
  • #231,090
  • Jun 10, 2010 10:46pm Jun 10, 2010 10:46pm
Quoting theforexpert
Lol... looks like we're all swinging up then.
hopefully I saw she move so smooth and steady without worthed retrace..hope I am right Lol....
  • #231,091
  • Jun 10, 2010 10:47pm Jun 10, 2010 10:47pm
Quoting javapips
this is the chart for last night, i thought would be at 21 GMT, little slip 2 hour.
anyway that's ok, i'm in (Short),
SL = 1.4740
TP = i want to say 1.38xx but afraid if it's break 1.4730, i would be shame , so just look at green area for TP.

hope green pips for you all,



IDR: jangan coba2 counter short yg ini. gw rada yakin soalnya .
(btw cm saran aja ) semoga sukses.


Bro, gw udah sell dr 4570 average di 4700.

anyways , why my ff account id was member denied ?
  • #231,092
  • Jun 10, 2010 11:26pm Jun 10, 2010 11:26pm
Quoting shayn
Bro, gw udah sell dr 4570 average di 4700.

anyways , why my ff account id was member denied ?
maybe cos this is still your first post,., so you need ack from moderator first, maybe. ,
just try to post more than 13 or so till it change to blue. (tp jangan kebanyakan post jg, nanti lupa tradingnya).

i will consider to run if break 1.4730 cos it may go to 1.49xx, i don't accept floating.
moga-moga sukses kang,
I will be the number one Manager.
  • #231,093
  • Jun 11, 2010 12:51am Jun 11, 2010 12:51am
just a thought....
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"The real genius is knowing when to stop." - Marc Faber
  • #231,094
  • Jun 11, 2010 1:04am Jun 11, 2010 1:04am
Quoting fendi
All of you shorting have some guts, cant find any reason to short...... Anyway good luck to all you shorters, i take my solo trip all long . At the end of today before i close my long. Hope i am 85% right.....
I'm on your boat. I gotta feeling shorts are heavy and the institutions are gonna clean up their stops.

We have been below 1.50 for weeks now and I think they gonna test up towards 1.5022 (this is the 61 and 38 fib retrace on the 4 and 8 hour charts respectively)
  • #231,095
  • Jun 11, 2010 1:09am Jun 11, 2010 1:09am
ladies and gentleman ...4730 has been broken...will she go to 1.5xxx ?? we`ll see
  • #231,096
  • Jun 11, 2010 1:09am Jun 11, 2010 1:09am
Only reason to short right now is because you don't value your capital or have some weird fetish about predicting reversals before any signs of one coming shows up.

And dollar isn't in the best shape the past two days.

Trend is your friend.
Only expectation matters . . .
  • #231,097
  • Jun 11, 2010 1:14am Jun 11, 2010 1:14am
Pound is going to sell off hard tomorrow it may still go up to 1.50 but i think a little correction is due
  • #231,098
  • Jun 11, 2010 1:15am Jun 11, 2010 1:15am
upward momentum seems to wane each time it tries to pull away from the 200 H4. (4710ish). However, upward momentum is still clearly in play with the 5M 200 refusing to budge (for any length of time)

its friday. no risk no reward here, so I'm taking a first short and will be accumulating 2 further shorts if it reaches 4745 and 4765.

it still needs to retrace first before continuing its leg up. that's what I'm counting on.
  • #231,099
  • Jun 11, 2010 1:16am Jun 11, 2010 1:16am
I'm short at 1.4710, may add if we get to 1.4750 if not then stop wil be placed here.
  • #231,100
  • Jun 11, 2010 1:16am Jun 11, 2010 1:16am
A little consideration should be made for the London Highs...

There has been a lot of play that hasn't been through the London trade time. I would hazard a guess that we will at some point correct back to the area on the chart.

Oops...chart corrected.
Attached Image (click to enlarge)
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