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Cable Update (GBPUSD)

  • #240,181
  • Jul 22, 2010 4:00am Jul 22, 2010 4:00am
Ohhhhhhh.. a 10+ pip red 1M bar.. game on!
"Keep your eyes on the helpers" - Mr. Rogers
  • #240,182
  • Jul 22, 2010 4:01am Jul 22, 2010 4:01am
Well traders have taken a few longer term hold longs looking for previous daily highs 1.5450 and above . At this point we have finally seen a proper looking retest of the longer term descending daily channel which we popped out of a week ago or so cheers all
Attached Image (click to enlarge)
Click to Enlarge Name: Daily chart.jpg Size: 141 KB
  • #240,183
  • Jul 22, 2010 4:02am Jul 22, 2010 4:02am
It was a perfect bounce from the purple chanell, i Missed the entry...trading other pairs. Resistance on the upside:
1)R1
2)Higher highs black descending trendline
3)Black ascending TL above HOPS.
If we brake all those I think there's no other bump till 5460 area.

Any thoughts? G/L guys!
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 303 KB
  • #240,184
  • Jul 22, 2010 4:03am Jul 22, 2010 4:03am
Quoting budak baru
patience....
yup just scalping to pay my losing trade. yesterday i lost 15, today lost 8. now i have closed my trade @1.5278 +19.. Need to comfort my heart.. LOL.. still minus though..
  • #240,185
  • Jul 22, 2010 4:06am Jul 22, 2010 4:06am
Quoting mloistianto
yup just scalping to pay my losing trade. yesterday i lost 15, today lost 8. now i have closed my trade @1.5278 +19.. Need to comfort my heart.. LOL.. still minus though..

dont chase the market ..let the market chace u..hehe
  • #240,186
  • Jul 22, 2010 4:07am Jul 22, 2010 4:07am
Quoting digger1
Well traders have taken a few longer term hold longs looking for previous daily highs 1.5450 and above . At this point we have finally seen a proper looking retest of the longer term descending daily channel which we popped out of a week ago or so cheers all Attachment
Music to my ears
"Keep your eyes on the helpers" - Mr. Rogers
  • #240,187
  • Jul 22, 2010 4:09am Jul 22, 2010 4:09am
Quoting nAVIN2007
dont chase the market ..let the market chace u..hehe
LOL.. hey mate.. looking good for u eh? good job!! I will look for long opportunity.. around 1.5250 maybe..
  • #240,188
  • Jul 22, 2010 4:14am Jul 22, 2010 4:14am
Quoting mloistianto
LOL.. hey mate.. looking good for u eh? good job!! I will look for long opportunity.. around 1.5250 maybe..
she just dancing around buddy..she gonna flex up..next week thou..i think
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 27 KB
  • #240,189
  • Jul 22, 2010 4:15am Jul 22, 2010 4:15am
Quoting mloistianto
LOL.. hey mate.. looking good for u eh? good job!! I will look for long opportunity.. around 1.5250 maybe..
there u go.. long @1.5249.. wanna share your joy folks?
  • #240,190
  • Jul 22, 2010 4:16am Jul 22, 2010 4:16am
please look at this and sign it..it could chance things and perhaps save a life..


‎43 yrold mom condemned 2 be stoned 2 death-alleged act of adultery in Iran.100K signatures caused review.sign now!http://freesakineh.org/
Please look at this it could save her life.
  • #240,191
  • Jul 22, 2010 4:16am Jul 22, 2010 4:16am
Quoting nAVIN2007
she just dancing around buddy..she gonna flex up..next week thou..i think
Yep dont worry.. at least pippin here and there. why u have to be so worry when u are so young.. dont u think so?? LOL..
  • #240,192
  • Jul 22, 2010 4:17am Jul 22, 2010 4:17am
EURGBP just pass through 200MA in H1 to the downside...still fighting thou Once this USD bulls sudden strenght is gone we ca may have a day to remember...at least I will!!!
  • #240,193
  • Jul 22, 2010 4:17am Jul 22, 2010 4:17am
Quoting mloistianto
there u go.. long @1.5249.. wanna share your joy folks?

lets hope the run up continues.....
"Keep your eyes on the helpers" - Mr. Rogers
  • #240,194
  • Jul 22, 2010 4:17am Jul 22, 2010 4:17am
Quoting damonl
Music to my ears
A strait shot would be nice lol, we need to get above this weeks open which has been a sticking point all week which is where we are at now , we get above tht we should make some headway
  • #240,195
  • Jul 22, 2010 4:18am Jul 22, 2010 4:18am
Quoting mloistianto
Yep dont worry.. at least pippin here and there. why u have to be so worry when u are so young.. dont u think so?? LOL..

market seems to be acting crazy this week no..
  • #240,196
  • Jul 22, 2010 4:19am Jul 22, 2010 4:19am
Quoting damonl
lets hope the run up continues.....
either way, i'm locking in my profit.. This weekend i have a vacation. dont wanna ruin it.. have a nice bull run mate.. looking good rite now..
  • #240,197
  • Jul 22, 2010 4:20am Jul 22, 2010 4:20am
Quoting nAVIN2007
market seems to be acting crazy this week no..
Yep you bet.. i get 80-90 pips and closed -8. LOL.. sucks..
  • #240,198
  • Jul 22, 2010 4:23am Jul 22, 2010 4:23am
going towards 1.57 then 1.60 with a bit of luck..enjoy my friend
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 29 KB
  • #240,199
  • Jul 22, 2010 4:30am Jul 22, 2010 4:30am
Quoting digger1
A strait shot would be nice lol, we need to get above this weeks open which has been a sticking point all week which is where we are at now , we get above tht we should make some headway

Seems like the battle is on. So far I am not liking the looks of the new 30M candlestick, but too early to make a call on that.
"Keep your eyes on the helpers" - Mr. Rogers
  • #240,200
  • Jul 22, 2010 4:30am Jul 22, 2010 4:30am
Hello World...!...

I'm a newbie in this thread and would like to seek guidance and knowledge from everybody in the thread...
Hope that I can do just fine..

1st call: Long GU @ 1.52579
TP: 1.53000 (Will manually close this trade if necessary)
SL: 1.51000

How am I doing? Will post the chart later..
Attached Image
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Aman7