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Cable Update (GBPUSD)

  • #231,141
  • Jun 11, 2010 4:26am Jun 11, 2010 4:26am
Quoting Magix
Target hit.

Shorts closed. Will consider a long on a trigger, otherwise I will wait for NY open.
Absolutely spot on...well done.
  • #231,142
  • Jun 11, 2010 4:28am Jun 11, 2010 4:28am
Daily chart still look bullish...
Never Stop Learning...
  • #231,143
  • Jun 11, 2010 4:30am Jun 11, 2010 4:30am
Quoting Naseri13
When My tp tuch , Your SL will tuch too
Its OK. Just a small loss.. but when touch my TP maybe touch your SL? haha..
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #231,144
  • Jun 11, 2010 4:31am Jun 11, 2010 4:31am
Quoting cloggie
Unless the news throws a spanner in the works, I am looking for 4647 followed by 4585

Check one. Covered my short at 4657, expecting a breather here before we get confirmation of target 2.
  • #231,145
  • Jun 11, 2010 4:51am Jun 11, 2010 4:51am
Quoting cloggie
Check one. Covered my short at 4657, expecting a breather here before we get confirmation of target 2.
Nice Call Cloggie.
Numbers NEVER Lie
  • #231,146
  • Jun 11, 2010 4:53am Jun 11, 2010 4:53am
hello fellow traders,

I would recommend a sell trade on GU.
[email protected]
[email protected]
Reason:There is an important resistance around 1.4720.There is also a bearish engulfing pattern around that resistance point.There is also a bearish divergence on H4 chart.

Happy pipping.
  • #231,147
  • Jun 11, 2010 4:55am Jun 11, 2010 4:55am
Quoting jchidolue
hello fellow traders,

I would recommend a sell trade on GU.
[email protected]
[email protected]
Reason:There is an important resistance around 1.4720.There is also a bearish engulfing pattern around that resistance point.There is also a bearish divergence on H4 chart.

Happy pipping.
I'd just done that before reading this post, lets hope for the best now
  • #231,148
  • Jun 11, 2010 5:08am Jun 11, 2010 5:08am
Quoting cloggie
Check one. Covered my short at 4657, expecting a breather here before we get confirmation of target 2.
well done .just logged on me charts .still got me sh from last night 1.4710 running had target set at 1.4650 so havnt got out.
  • #231,149
  • Jun 11, 2010 5:13am Jun 11, 2010 5:13am
Quoting winsome
well done .just logged on me charts .still got me sh from last night 1.4710 running had target set at 1.4650 so havnt got out.
I took the long overnight to 474 and the short this morning to 4657 (both called here) am now flat giving it a breather waiting for a confirmation for my second target. We have pretty decent support at 4652 now and are close to the DP, so I am sitting on the bank waiting for the river to start flowing again. Am up over 150 on cable so far on two trades so am taking it easy. 4652 was the key last night for the move to 474 and we are now back where we started. Got the footy on today too.
  • #231,150
  • Jun 11, 2010 5:20am Jun 11, 2010 5:20am
Quoting cloggie
Unless the news throws a spanner in the works, I am looking for 4647 followed by 4585

Hmm, got there in the end, I closed my short 10 pips too soon. Darn, need to work on my exits, that is unacceptable.
  • #231,151
  • Jun 11, 2010 5:22am Jun 11, 2010 5:22am
out me sh at 1.4650. glad about that as have got work ,didnt want to leave over weekend.
  • #231,152
  • Jun 11, 2010 5:23am Jun 11, 2010 5:23am
My chart update
http://www.forexfactory.com/showthre...39#post3795039
  • #231,153
  • Jun 11, 2010 5:23am Jun 11, 2010 5:23am
Quoting cloggie
I took the long overnight to 474 and the short this morning to 4657 (both called here) am now flat giving it a breather waiting for a confirmation for my second target. We have pretty decent support at 4652 now and are close to the DP, so I am sitting on the bank waiting for the river to start flowing again. Am up over 150 on cable so far on two trades so am taking it easy. 4652 was the key last night for the move to 474 and we are now back where we started. Got the footy on today too.
well done best of luck for today, off to work now.
  • #231,154
  • Jun 11, 2010 5:50am Jun 11, 2010 5:50am
Quoting cloggie
Hmm, got there in the end, I closed my short 10 pips too soon. Darn, need to work on my exits, that is unacceptable.

one more good call, i was with you on the last one.

150 up and 10 missed out of early closing
cloggie this is really unacceptable!
Will you find sleep tonight after this desaster?
(i´m joking)

I will wait for us news to make a last trade before weekend.
Enjoy the woldcup everybody...
  • #231,155
  • Jun 11, 2010 5:51am Jun 11, 2010 5:51am
Quoting cloggie
I took the long overnight to 474 and the short this morning to 4657 (both called here) am now flat giving it a breather waiting for a confirmation for my second target. We have pretty decent support at 4652 now and are close to the DP, so I am sitting on the bank waiting for the river to start flowing again. Am up over 150 on cable so far on two trades so am taking it easy. 4652 was the key last night for the move to 474 and we are now back where we started. Got the footy on today too.
Hi Cloggie

If you don't mind me asking on your short trade this morning where did you enter and where was you stop

Many thanks
  • #231,156
  • Jun 11, 2010 6:00am Jun 11, 2010 6:00am
Quoting Indyfx
Hi Cloggie

If you don't mind me asking on you short trade this morining where did you enter and where was you stop

Many thanks
I entered on the London break at 4715, got out just above the support at 4657. See here
  • #231,157
  • Jun 11, 2010 6:01am Jun 11, 2010 6:01am
Quoting RebelRed
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.

bla bla bla

100 bucks says he won't show his face around this part of town again


p/s: testing browsing on my new toy at the dealers. Any mac user can kindly point me to charting software please. I'll check on it once I get back home. Thanks in advance!
Thank You
  • #231,158
  • Jun 11, 2010 6:03am Jun 11, 2010 6:03am
Quoting cloggie
I entered on the London break at 4715, got out just above the support at 4657. See here
Many thanks
  • #231,159
  • Jun 11, 2010 6:04am Jun 11, 2010 6:04am
Quoting wormboy
bla bla bla

100 bucks says he won't show his face around this part of town again


p/s: testing browsing on my new toy at the dealers. Any mac user can kindly point me to charting software please. I'll check on it once I get back home. Thanks in advance!

Don't you just love the trolls, I post less and less because of them.
  • #231,160
  • Jun 11, 2010 6:05am Jun 11, 2010 6:05am
Quoting Indyfx
Many thanks
You welcome, I did post the call to 474 yesterday from 4650 so that was another 90 pips to trade, and of course got ridiculed by the trolls, guess they got stopped and I made my 90. See this post here, guess his simple strategy cost him a stoploss.

FYI, I am still flat, waiting for confirmation to 4585
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