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Cable Update (GBPUSD)

  • #240,521
  • Jul 23, 2010 4:25am Jul 23, 2010 4:25am
Quoting 4xStar
'
'I think she will have those 2 numbers for lunch .... but then
I've been wrong before
When i post this Number i mean ""be careful there at least no new position to open there" But my view and my Target the same since i post last week and this week again.
  • #240,522
  • Jul 23, 2010 4:27am Jul 23, 2010 4:27am
Quoting zoreli
I have forex.com account and yes, there is a small gap on 30 min chart.

I am natural short trader, over 85% of my trades are short, but I can't see any short trade on GBP/USD right now. That's why I short EUR/GBP

i use charts from forex ltd & fxcm's marketscope. There is no gap.
Anyway, it's not an issue if there is one. Shouldn't be thinking of shorting now just because of that tbh.
Thank You
  • #240,523
  • Jul 23, 2010 4:28am Jul 23, 2010 4:28am
Instaforex has a gap of 14 pips from 1.5350 to 1.5364.
  • #240,524
  • Jul 23, 2010 4:31am Jul 23, 2010 4:31am
Quoting wormboy
i use charts from forex ltd & fxcm's marketscope. There is no gap.
Anyway, it's not an issue if there is one. Shouldn't be thinking of shorting now just because of that tbh.
I can't agree more on that...
  • #240,525
  • Jul 23, 2010 4:32am Jul 23, 2010 4:32am
Quoting wormboy
5400 .. who would've thunk ..

oh wait .. i did
final target hit. done for the week.
Bro this baby is going to hit 1.5480, hold onto it mate.

I'll be drinking all the way to 1.5480
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #240,526
  • Jul 23, 2010 4:34am Jul 23, 2010 4:34am
Quoting Bull_Bear
Bro this baby is going to hit 1.5480, hold onto it mate.

I'll be drinking all the way to 1.5480
ah I missed the opportunity mate.. how bout you bro?
  • #240,527
  • Jul 23, 2010 4:35am Jul 23, 2010 4:35am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
BB, may be above 55, 552xx.

I am bullish on pound as you know. However, look at GBP index chart, food for thought.

Posted this chart on 2nd July:

http://www.forexfactory.com/showthre...08#post3846708



ta
ams



Quoting Bull_Bear
Bro this baby is going to hit 1.5480, hold onto it mate.

I'll be drinking all the way to 1.5480
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 16 KB
  • #240,528
  • Jul 23, 2010 4:35am Jul 23, 2010 4:35am
Good day to you, Gentlemen / Ladies

Never hang your hat on a gap shown on your charts. Sometimes they work, sometimes they don't. Trade as you would have traded under normal circumstances..

My FXDD Malta chart shows this EU gap since March... My FXDD American Chart shows nothing. Imagine if I waited/ or traded for that gap to fill.... I would have had a little drawdown issue by now.

Warm regards
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 14 KB
  • #240,529
  • Jul 23, 2010 4:36am Jul 23, 2010 4:36am
Quoting ams
BB, may be above 55, 552xx.

I am bullish on pound as you know. However, look at GBP index chart, food for thought.

ta
ams
agreed.. at least 1.55.. no doubt..
  • #240,530
  • Jul 23, 2010 4:36am Jul 23, 2010 4:36am
Quoting mloistianto
ah I missed the opportunity mate.. how bout you bro?
No mate I bought earlier today at 1.5260.

I told yuo last night to wait for the retrace to buy again, how come you missed the buying in?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #240,531
  • Jul 23, 2010 4:39am Jul 23, 2010 4:39am
Disappointing today, we had a 150 pip run up and nobody here is posting yet they are picking the tops, kind of takes the fun out of it....
  • #240,532
  • Jul 23, 2010 4:39am Jul 23, 2010 4:39am
Quoting ams
BB, may be above 55, 552xx.

I am bullish on pound as you know. However, look at GBP index chart, food for thought.

Posted this chart on 2nd July:

http://www.forexfactory.com/showthre...08#post3846708



ta
ams
1.5500 is a major momentum area. Its a major brick wall, I think price will stabalise around there before the next move.

I will not ride this baby beyond 1.5500 yet, 1.5480 is where i will take my BEERS and run.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #240,533
  • Jul 23, 2010 4:41am Jul 23, 2010 4:41am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
No doubt and as you can see. GBP Index is also telling the same story

ta
ams



Quoting Bull_Bear
1.5500 is a major momentum area. Its a major brick wall, I think price will stabalise around there before the next move.

I will not ride this baby beyond 1.5500 yet, 1.5480 is where i will take my BEERS and run.
  • #240,534
  • Jul 23, 2010 4:44am Jul 23, 2010 4:44am
Quoting cloggie
Disappointing today, we had a 150 pip run up and nobody here is posting yet they are picking the tops, kind of takes the fun out of it....
hey cloggs,

you are right, it is my first real days trading after a long time and I have made my old mistake of looking for the top and in the mean time, missing the ride... ai!

oh well, I'm sure it'll come back to me soon enough
@pawpaw1000 on Twitter
  • #240,535
  • Jul 23, 2010 4:44am Jul 23, 2010 4:44am
Quoting Bull_Bear
Bro this baby is going to hit 1.5480, hold onto it mate.

I'll be drinking all the way to 1.5480
Sounds great bro

MILK MONEYTM
Thank You
  • #240,536
  • Jul 23, 2010 4:45am Jul 23, 2010 4:45am
Quoting TauTrader
Good day to you, Gentlemen / Ladies

Never hang your hat on a gap shown on your charts. Sometimes they work, sometimes they don't. Trade as you would have traded under normal circumstances..

My FXDD Malta chart shows this EU gap since March... My FXDD American Chart shows nothing. Imagine if I waited/ or traded for that gap to fill.... I would have had a little drawdown issue by now.

Warm regards
Hey
It's been long time
  • #240,537
  • Jul 23, 2010 4:46am Jul 23, 2010 4:46am
Quoting forexlion
the chart i posted is a typical bull flag on 1 hour, wait for it to kiss 5200 then enter for 400 to 500 pips if you know what i mean

it will give a fake out to the bottom before it happens
Dum dee da dee da
  • #240,538
  • Jul 23, 2010 4:48am Jul 23, 2010 4:48am
Quoting TauTrader
Good day to you, Gentlemen / Ladies

Never hang your hat on a gap shown on your charts. Sometimes they work, sometimes they don't. Trade as you would have traded under normal circumstances..

My FXDD Malta chart shows this EU gap since March... My FXDD American Chart shows nothing. Imagine if I waited/ or traded for that gap to fill.... I would have had a little drawdown issue by now.

Warm regards
Great example there tau
Thank You
  • #240,539
  • Jul 23, 2010 4:48am Jul 23, 2010 4:48am
Quoting TauTrader
Good day to you, Gentlemen / Ladies

Never hang your hat on a gap shown on your charts. Sometimes they work, sometimes they don't. Trade as you would have traded under normal circumstances..

My FXDD Malta chart shows this EU gap since March... My FXDD American Chart shows nothing. Imagine if I waited/ or traded for that gap to fill.... I would have had a little drawdown issue by now.

Warm regards
Wow!!! That's some chart!! I wasn't gonna take the trade just based in that GAP, but have to tell you I didn't like it a bit.
Scuse me guys for being so annoying about this gap thing LOL!!
I love you all!!!
  • #240,540
  • Jul 23, 2010 4:52am Jul 23, 2010 4:52am
Quoting egkid
Hey
It's been long time
Good day, Egkid

Thank you for your post. Good to "see" you around. Just chipping away...

All the best

Warm regards
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