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Cable Update (GBPUSD)

  • #240,781
  • Jul 25, 2010 6:34pm Jul 25, 2010 6:34pm
Quoting Allseeingeye
I am sorry I asked!
I posted again few days ago bro If u care search for it.
13 June Trend changed Closing price 1.4550
http://www.forexfactory.com/showpost...stcount=231373
  • #240,782
  • Jul 25, 2010 6:36pm Jul 25, 2010 6:36pm
Quoting egkid
I posted again few days ago bro If u care search for it.
13 June Trend changed
http://www.forexfactory.com/showpost...stcount=231373
I went through them you are a very good trader I am Impresed!
  • #240,783
  • Jul 25, 2010 6:46pm Jul 25, 2010 6:46pm
Quoting Allseeingeye
I went through them you are a very good trader I am Impresed!
Thanks for nice compliment ,Hope this can help
Now i must go have work after few H need some sleep Catch u @ US session when i back from my work Peace
  • #240,784
  • Jul 25, 2010 6:51pm Jul 25, 2010 6:51pm

Sunday, July 25, 2010 16:50:14
*(JP) JAPAN JUN MERCHANDISE TRADE BALANCE TOTAL ¥687B V ¥691BE; ADJUSTED: ¥456B V ¥539BE; EXPORTS Y/Y: 27.7% V 23.5%E; IMPORTS Y/Y: 26.1% V 24.7%E
  • #240,785
  • Jul 25, 2010 7:19pm Jul 25, 2010 7:19pm
http://img834.imageshack.us/img834/2614/27755581.gif
  • #240,786
  • Jul 25, 2010 7:38pm Jul 25, 2010 7:38pm
Quoting forexlion
http://img834.imageshack.us/img834/2614/27755581.gif
I see a HUGE Pole now I need to Build the FLAG!
  • #240,787
  • Jul 25, 2010 8:59pm Jul 25, 2010 8:59pm
Quoting Allseeingeye
I see a HUGE Pole now I need to Build the FLAG!
I see a double top coming to take us down lol
  • #240,788
  • Jul 25, 2010 9:10pm Jul 25, 2010 9:10pm
Quoting Allseeingeye
I see a HUGE Pole now I need to Build the FLAG!
exactly and the flag ends on the lower slanting trendline, for a bounce back up
  • #240,789
  • Jul 25, 2010 11:19pm Jul 25, 2010 11:19pm
boring market today

lets see what the london boys can do

http://img824.imageshack.us/img824/5733/62550251.gif
  • #240,790
  • Jul 25, 2010 11:59pm Jul 25, 2010 11:59pm
If I consider top is in place then we should retrace to 5334

I have taken a short from 5450 with tp of 5350

lets see how it goes

http://img839.imageshack.us/img839/5568/23549206.gif
  • #240,791
  • Jul 26, 2010 2:18am Jul 26, 2010 2:18am
Where is everyone today?
  • #240,792
  • Jul 26, 2010 2:27am Jul 26, 2010 2:27am
Quoting Dayboy001
Where is everyone today?
Don't know about the others...but I am here..
  • #240,793
  • Jul 26, 2010 2:27am Jul 26, 2010 2:27am
Upwards i see resistance at 15502/15530/15578. She is now sitting on the 200 ema on the daily,100ema about to cross the 50. I read this as bullish indication.
Am flat (only just got here)untill clear break above 15500
All systems of divination, like music itself,work through patterns.
  • #240,794
  • Jul 26, 2010 3:35am Jul 26, 2010 3:35am
I was thinking of shorting the gbp/usd, but eur/jpy offer better opportunity on 4h chart, so I short the EUR/JPY...

Pair was rejected from the 112.96 level which is S/R level on my daily chart, on 4h chart I get bearish engulfing pattern, so I enter the trade.

My entry is on 112.60, sl 112.96 and tp 111.60

Happy trading week to all...
  • #240,795
  • Jul 26, 2010 3:48am Jul 26, 2010 3:48am
Quoting zoreli
I was thinking of shorting the gbp/usd, but eur/jpy offer better opportunity on 4h chart, so I short the EUR/JPY...

Pair was rejected from the 112.96 level which is S/R level on my daily chart, on 4h chart I get bearish engulfing pattern, so I enter the trade.

My entry is on 112.60, sl 112.96 and tp 111.60

Happy trading week to all...
Good day to you,

With you on this one. Shorts entered @ 113.33 and 112.89 TP 110.80. Also short UJ @ 87.52 TP 86.22 and Dragon short @ 135.38 and 134.92 TP 133.15

http://www.forexfactory.com/showpost...&postcount=137

Good luck!

Regards
  • #240,796
  • Jul 26, 2010 3:58am Jul 26, 2010 3:58am
there is support level on my daily line chart on 112.29...if the price break trough this level, road to the 111.60 level is clear....100 EMA on 4h chart is slightly above 111.60, so I am planning to manually cut the trade if the price hit the 100 EMA and stall there...we will see...
  • #240,797
  • Jul 26, 2010 4:01am Jul 26, 2010 4:01am
Quoting zoreli
there is support level on my daily line chart on 112.29...if the price break trough this level, road to the 111.60 level is clear....100 EMA on 4h chart is slightly above 111.60, so I am planning to manually cut the trade if the price hit the 100 EMA and stall there...we will see...

i thought this was a GU thread....
  • #240,798
  • Jul 26, 2010 4:03am Jul 26, 2010 4:03am
Quoting Dutch_trader
i thought this was a GU thread....
It is mate....but in the lack of the developments on the gbp/usd...

My apologize...I will keep the posts on topic from now on...
  • #240,799
  • Jul 26, 2010 4:07am Jul 26, 2010 4:07am
Quoting Dutch_trader
i thought this was a GU thread....
its a brilliant thread..lol..thanks zoreli..tend to ignore the yens these days
All systems of divination, like music itself,work through patterns.
  • #240,800
  • Jul 26, 2010 4:09am Jul 26, 2010 4:09am
Quoting zoreli
It is mate....but in the lack of the developments on the gbp/usd...

My apologize...I will keep the posts on topic from now on...

You are absolutely right though, 1.55 is being protected right now, lots of sell orders slightly above. EJ and UJ are the ones to trade right now, GJ needs some caution too as the hourly is still consolidating there. EU is moving down slightly due to sell of in equities, again one to watch cautiously.
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