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Cable Update (GBPUSD)

  • #234,701
  • Jun 30, 2010 7:23am Jun 30, 2010 7:23am
Quoting javapips
still not sure if it's work or not, need 2 or 3 more 1 hours candle. but this is why i enter long.
i consider yours as retracement..now its moving downtrend..
or i shall says its already changing trend..
  • #234,702
  • Jun 30, 2010 7:31am Jun 30, 2010 7:31am
Quoting Liberteh
Will this continue to go up? or should I close the position at about 4995?
Look at the post above yours, I gave you the answer. Didn't like it and wanted a different one?
  • #234,703
  • Jun 30, 2010 7:38am Jun 30, 2010 7:38am
Quoting copam
i consider yours as retracement..now its moving downtrend..
or i shall says its already changing trend..
the immediate trend shifts back to bearish if 4895 level is taken, which looks like where cable is headed for a test before any real bounce imho.
Thank You
  • #234,704
  • Jun 30, 2010 7:44am Jun 30, 2010 7:44am
Quoting trade price
he is a new registerer.be gentle to him.it takes time to viewable for everyone

Regards
sho

Yeah, you're right, jumped on him like a shark.

Excuses liberteh, but next time read a few pages please before regurcitating the same questions.
  • #234,705
  • Jun 30, 2010 7:45am Jun 30, 2010 7:45am
i prefer gbp/usd sell right now till this target..see the image of the target 1.49127
Attached Image (click to enlarge)
Click to Enlarge Name: guanal3.JPG Size: 176 KB
study of behavior and mind,conscious and unconscious
  • #234,706
  • Jun 30, 2010 7:46am Jun 30, 2010 7:46am
Cloggie

Thankyou for your posting. I like following your posts as I can always learn gems of market wisdom in the journey to becoming a confident trader.
That is the first time I have ever seen as asschart.
May I ask how I can go about constructing one of those.

All the best
Ian
  • #234,707
  • Jun 30, 2010 7:46am Jun 30, 2010 7:46am
Quoting trade price
he is a new registerer.be gentle to him.it takes time to viewable for everyone

Regards
sho
Thank you for that. Although Cloggie is right.
I'm very new to this. Now I understand what Cloggie meant by the post above mine.
  • #234,708
  • Jun 30, 2010 7:46am Jun 30, 2010 7:46am
Quoting ianlikesgolf
Cloggie

Thankyou for your posting. I like following your posts as I can always learn gems of market wisdom in the journey to becoming a confident trader.
That is the first time I have ever seen as asschart.
May I ask how I can go about constructing one of those.

All the best
Ian
Very simple H4 SR's of a line chart. Nothing to it, I like things simple. Just pulling numbers out of my @rse...

This thread is a great place to see how the cycle of traders work, the noobs are clueless, the guys with a year or so load up there charts like a christmas tree, and the guys that have been around the block a few times are struggling to put anything on their charts except for a few lines here and there.

I like mine simple because I can't get my head around anything else. Am just too thick to understand all this complicated mallarkey.
  • #234,709
  • Jun 30, 2010 7:48am Jun 30, 2010 7:48am
salam hi all

the ride was really great hope u are all in green

loking for WP if we break we might see new range
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1h cable.gif Size: 20 KB
Click to Enlarge Name: 4h wcable.gif Size: 14 KB
  • #234,710
  • Jun 30, 2010 7:49am Jun 30, 2010 7:49am
Looks like bearish trend continued longer...
Don't be emo... don't be emo....
  • #234,711
  • Jun 30, 2010 7:49am Jun 30, 2010 7:49am
Quoting javapips
still not sure if it's work or not, need 2 or 3 more 1 hours candle. but this is why i enter long.
nice chart
  • #234,712
  • Jun 30, 2010 7:53am Jun 30, 2010 7:53am
http://a.imagehost.org/0131/gbp.gif
  • #234,713
  • Jun 30, 2010 7:53am Jun 30, 2010 7:53am
Bull_Bear & Cloggie the Prophets .. or should I say Profits ??
******************* I'd rather make money than be right.
  • #234,714
  • Jun 30, 2010 7:54am Jun 30, 2010 7:54am
Quoting drakes
Looks like bearish trend continued longer...

Yeah, there is no new setup formulated yet that I like, just riding the short waves on the M5 until something materialises that has a longer validity. Just playing surfer boy now.
  • #234,715
  • Jun 30, 2010 7:54am Jun 30, 2010 7:54am
Very nice downmove, and now i need Cable to break 1.4935 to add more
  • #234,716
  • Jun 30, 2010 7:55am Jun 30, 2010 7:55am
Quoting 4xStar
Bull_Bear & Cloggie the Prophets .. or should I say Profits ??
Don't forget Wormy, Kill and others, plenty of us here playing the same tune.

A close below the channel on the hourly and we are looking at 4895
  • #234,717
  • Jun 30, 2010 7:56am Jun 30, 2010 7:56am
Quoting cloggie
Yeah, you're right, jumped on him like a shark.

Excuses liberteh, but next time read a few pages please before regurcitating the same questions.
No excuse needed. I've read some pages of this thread, but it move so quickly.

Here's the uptrend again. Let's enjoy it while it lasts :-)
  • #234,718
  • Jun 30, 2010 7:56am Jun 30, 2010 7:56am
Quoting 4xStar
Bull_Bear & Cloggie the Prophets .. or should I say Profits ??
sorry mam i am the profit taker how u been sweet lady
  • #234,719
  • Jun 30, 2010 7:59am Jun 30, 2010 7:59am
Quoting cloggie
Don't forget Wormy, Kill and others, plenty of us here playing the same tune.

u are the star of the room thanks for the time effort
  • #234,720
  • Jun 30, 2010 8:02am Jun 30, 2010 8:02am
Quoting kill56
u are the star of the room thanks for the time effort

I just keep it real and simple, that's how trading always has been. But so do lots of others in here. It is just a matter of figuring out what the big boys are looking at and follow in their footsteps. Like you always say, hit and run, find the obvious trade setups that make technically sense, wait for the confirmation of the direction and jump in. Once she slows down, cover your trade and look for the next one.
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