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Cable Update (GBPUSD)

  • #235,261
  • Jul 2, 2010 4:41am Jul 2, 2010 4:41am
hit and run simple deadly and green
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  • #235,262
  • Jul 2, 2010 4:42am Jul 2, 2010 4:42am
Quoting kill56
in u dreams bro the top of this move will be 15370's

how u been hope all great
i took a 3 week holiday to make some trading..hehe

things are good here bro..
  • #235,263
  • Jul 2, 2010 4:43am Jul 2, 2010 4:43am
Quoting trade price
it does happen bro..
that wasnt bad result.some people will die for that.
I second that..
Never Stop Learning...
  • #235,264
  • Jul 2, 2010 4:55am Jul 2, 2010 4:55am
Quoting nAVIN2007
this trade bro is very long term..i may hold it for 1 year..that is my intention anyway..i kinda seeing it as a long term investment..i will definately keep a look out for that level...thx buddy
No problems bro, i got your back
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #235,265
  • Jul 2, 2010 5:15am Jul 2, 2010 5:15am
Quoting Bull_Bear
No problems bro, i got your back
thanks bud..and dont i know it!!!

im seeing a bull flag developing here..possibly
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  • #235,266
  • Jul 2, 2010 5:22am Jul 2, 2010 5:22am
Quoting nAVIN2007
thanks bud..and dont i know it!!!

im seeing a bull flag developing here..possibly
Might this be wishfull thinking?
Don't be a hero. Don't have an ego. Always question yourself
  • #235,267
  • Jul 2, 2010 5:25am Jul 2, 2010 5:25am
There are 3 fundamental truths about religion: Jews don't recognize Jesus as the Son of God, Protestants don't recognize the Pope as the Vicar of Christ, and Baptists don't recognize each other at the bar on Saturday nights.
  • #235,268
  • Jul 2, 2010 5:26am Jul 2, 2010 5:26am
Quoting USD-Bear
Might this be wishfull thinking?
nah it pretty obvious..lol
4 hr is bullish, dailly is bullish, weekly and monthly bullish..it wishfull to think it going down

easy PA doing exactly what is expected
Attached Image(s) (click to enlarge)
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  • #235,269
  • Jul 2, 2010 5:27am Jul 2, 2010 5:27am
Morning all,

I have just uploaded the video review of the trade I did yesterday, this is will explain to you guys the importance of looking at the long term frames and how price can react around certain EMAs.

Inserted Video


If you have any questions please do ask and I will do my best to answer.

Good luck in NFP!

Cheers WG
  • #235,270
  • Jul 2, 2010 5:29am Jul 2, 2010 5:29am
Quoting manize
Thank you for remind locked + 20 pips !
i don't know it's going down or shoot up just like yesterday, but in my timing this hour is one of that 'time'..., don't know what will happen..
semoga sukses..,
I will be the number one Manager.
  • #235,271
  • Jul 2, 2010 5:30am Jul 2, 2010 5:30am
Quoting nAVIN2007
nah it pretty obvious..lol
4 hr is bullish, dailly is bullish, weekly and monthly bullish..it wishfull to think it going down

easy PA doing exactly what is expected
agreed, agreed, agreed and agreed its just nothing like a bull-flag even a starting one
Don't be a hero. Don't have an ego. Always question yourself
  • #235,272
  • Jul 2, 2010 5:34am Jul 2, 2010 5:34am
Quoting USD-Bear
agreed, agreed, agreed and agreed its just nothing like a bull-flag even a starting one
i posted an extra chart 30 minute (see higher up!)..consolidated and appear to have broken out..of the traingle..i admit calling it a bull flag is stretching a bit..

  • #235,273
  • Jul 2, 2010 5:38am Jul 2, 2010 5:38am
Quoting trade price
i agree.while price is obiously going up allways new people thinks it is reversing.
i am not saying it would not go down.why guess?
keep trading long as long as its going up.and do sell when it start to go down.
amatures allways see revarsal in a strong trend.
LOOKs like,you are a smart man.
keep it up bro.

thank u buddy..i guess the main thing is: read the chart and elimate as much emotion as u can..see only what is in front of u and allow nothing to impede

there no sign of weakness and yesterday dailly broke the low of the previous and yet manged to break the high the same day..it does get any easier to see the trend is up! I can tell from what u wrote your in control of your emotions and see information for what it is..

thanks for the compliment
  • #235,274
  • Jul 2, 2010 5:43am Jul 2, 2010 5:43am
Quoting welshguy2000
Morning all,

I have just uploaded the video review of the trade I did yesterday, this is will explain to you guys the importance of looking at the long term frames and how price can react around certain EMAs.

http://www.youtube.com/watch?v=9eE18VNBdBI

If you have any questions please do ask and I will do my best to answer.

Good luck in NFP!

Cheers WG
Thanks ! very instructive.
  • #235,275
  • Jul 2, 2010 5:43am Jul 2, 2010 5:43am
Quoting trade price
yeh no guess work.
trade what you see not what you think.many say ,but most people doesnot belife ,if they do belife they does not act.

u know the biggest change in my trading was.."I stopped guessing" u guess when yur not in control..its very true what u have written
  • #235,276
  • Jul 2, 2010 5:47am Jul 2, 2010 5:47am
Quoting javapips
i don't know it's going down or shoot up just like yesterday, but in my timing this hour is one of that 'time'..., don't know what will happen..
semoga sukses..,
Shoot up then huge fall, imho !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #235,277
  • Jul 2, 2010 5:55am Jul 2, 2010 5:55am
Quoting manize
Shoot up then huge fall, imho !
hello to all!
may be today? I have got tired to wait already
Attached Image
  • #235,278
  • Jul 2, 2010 5:56am Jul 2, 2010 5:56am
i will forecast 1.5380 by end of week (not a trade call) just a forecast for fun

the red area represents the high of yesterday this area need to hold as support for up to progress so far it appears to hold and has retrace 50% classic movement so far
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  • #235,279
  • Edited 6:11am Jul 2, 2010 5:58am | Edited 6:11am
Blimey, the suspense is killing me. Only tradeable setups all morning are a few waves on the long side on M5/15. H4 needs to finish its consolidating before we go anywhere. Let's take a punt here, yesterday's move just positioning for a better price today? M30 fibre is poised now for a bias to the short side, but again no major setups here at all, not even worth trading the 5/15 there.

EDIT: any attempt by the bears on cable M30 still gets bought into. 3 higher lows on H1 but the top is holding.

EDIT 2: Even fibre's bearish attempt are failing.
  • #235,280
  • Jul 2, 2010 6:03am Jul 2, 2010 6:03am
looking wonderfull
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