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Cable Update (GBPUSD)

  • #233,241
  • Jun 23, 2010 6:42am Jun 23, 2010 6:42am
will this daily trend line break or hold? i bet it will hold and that should be a huge fall
  • #233,242
  • Jun 23, 2010 6:44am Jun 23, 2010 6:44am
Target is 1.5010

Here's why 2 areas of convergence 38.2% and TL
Attached Image (click to enlarge)
Click to Enlarge Name: Cable.JPG Size: 125 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #233,243
  • Jun 23, 2010 6:45am Jun 23, 2010 6:45am
maybe it's waiting for the new york market
  • #233,244
  • Jun 23, 2010 6:45am Jun 23, 2010 6:45am
Quoting cloggie
Fibre heading north? What chart are you looking at out of interest, not questioning your call though, would never do that....
nvm mind what i said got out of my long at 1.4918 seems that the market is turning. i guess everyone has been waiting to short from here. doubletop!
  • #233,245
  • Jun 23, 2010 6:46am Jun 23, 2010 6:46am
Quoting lmyyyks
maybe it's waiting for the new york market
i still think it will go higher on ny session but we shall see
  • #233,246
  • Jun 23, 2010 6:46am Jun 23, 2010 6:46am
+20 pips
Hmm now i'll short on 1.4950.
  • #233,247
  • Jun 23, 2010 6:49am Jun 23, 2010 6:49am
Quoting Robot
i still think it will go higher on ny session but we shall see

Now you are confusing yourself, you say you closed your long but think it is going higher, you a contrarian trader to your own beliefs?
  • #233,248
  • Jun 23, 2010 6:51am Jun 23, 2010 6:51am
Quoting Yngwie
Damn news! LION how could u eat my trade hahaha..

Ok ReSell again.. at 1.4909 we should going down!!

price up due to two good news for GBP. Now we going down. don't dream about 1.5000.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #233,249
  • Jun 23, 2010 6:55am Jun 23, 2010 6:55am
Quoting cloggie
Now you are confusing yourself, you say you closed your long but think it is going higher, you a contrarian trader to your own beliefs?
i said i think it is going higher means I'll sit back and see if it does and wont open any positions until im sure about something with full confidence. at the current moment shorting is safer than going long.
  • #233,250
  • Jun 23, 2010 6:55am Jun 23, 2010 6:55am
just a little longer
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.JPG Size: 46 KB
  • #233,251
  • Jun 23, 2010 6:56am Jun 23, 2010 6:56am
Quoting Yngwie
price up due to two good news for GBP. Now we going down. don't dream about 1.5000.
lol... will see happy short
  • #233,252
  • Jun 23, 2010 6:59am Jun 23, 2010 6:59am
Quoting Yngwie
price up due to two good news for GBP. Now we going down. don't dream about 1.5000.
cheers
  • #233,253
  • Jun 23, 2010 7:00am Jun 23, 2010 7:00am
Quoting Purple
I dont see any long buy order lines in your charts.. looks like the longs which are currently holding for 150.50 target are as fictional as your yesterdays loss making shorts which you managed to scalp and got out in 'profits'.
You are mis-reading his charts - Try to see EVERYTHING
  • #233,254
  • Jun 23, 2010 7:02am Jun 23, 2010 7:02am
Quoting Yngwie
price up due to two good news for GBP. Now we going down. don't dream about 1.5000.
i am dreaming about 1.4500
ブードゥー教
  • #233,255
  • Jun 23, 2010 7:02am Jun 23, 2010 7:02am
Quoting forexlion
I got no choice

I just follow what my chart tells me to do

http://img43.imageshack.us/img43/3858/31315085.gif
Congrats - Excellent Trade. Sending PM 10 mins. Tks
  • #233,256
  • Jun 23, 2010 7:04am Jun 23, 2010 7:04am
Quoting Yngwie
price up due to two good news for GBP. Now we going down. don't dream about 1.5000.
I am with you, should see 4840 or lower

http://img24.imageshack.us/img24/2305/23045986.gif
  • #233,257
  • Jun 23, 2010 7:05am Jun 23, 2010 7:05am
long=suicide
  • #233,258
  • Jun 23, 2010 7:06am Jun 23, 2010 7:06am
Quoting michiyo
long=suicide
long = getting married which is suicide anyways
  • #233,259
  • Jun 23, 2010 7:07am Jun 23, 2010 7:07am
Quoting forexlion
I am with you, should see 4840 or lower

http://img24.imageshack.us/img24/2305/23045986.gif

1.4840 is the first support i can see on my radar
ブードゥー教
  • #233,260
  • Jun 23, 2010 7:08am Jun 23, 2010 7:08am
Quoting michiyo
long=suicide
we wil see, not confident yet to short......
Don't be a hero. Don't have an ego. Always question yourself
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