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Cable Update (GBPUSD)

  • #240,901
  • Jul 26, 2010 9:16am Jul 26, 2010 9:16am
Closed my short a little while ago @ 1.54950... Minus 7pips...
It just won't go down... And the RSI is flat, it must be hard struggle between bulls and bears...

Thinking about going Long, following the trend...
  • #240,902
  • Jul 26, 2010 9:22am Jul 26, 2010 9:22am
Quoting HowieTrader
Closed my short a little while ago @ 1.54950... Minus 7pips...
It just won't go down... And the RSI is flat, it must be hard struggle between bulls and bears...

Thinking about going Long, following the trend...

Easy now, this has been a 400 pip move up on the H4, draw yourself a TL on the 30 and H1 to guide you in direction. There will be loads of profit taking here and a long is probably not the safest trade right now. Once 5473 goes we will be looking at 5375, until we have a clear break, sitting on your hands or scalping the SR's is your safest bet.
  • #240,903
  • Jul 26, 2010 9:23am Jul 26, 2010 9:23am
Is it that some guys here become a little restless and feel the irresistible urge to "test the water"? Well, do as you please but imho either you scalp her like some fokls here do or you just sit tight and wait for a significant signal. I haven't seen any today. Whatever you do though lots of luck with it!
  • #240,904
  • Jul 26, 2010 9:27am Jul 26, 2010 9:27am
Just when I closed my Short in minus 7pips, the pair traded down to where I projected it would... What a day...
No position taken yet, just random thought of not fighting the major trend...

Quoting cloggie
Easy now, this has been a 400 pip move up on the H4, draw yourself a TL on the 30 and H1 to guide you in direction. There will be loads of profit taking here and a long is probably not the safest trade right now. Once 5473 goes we will be looking at 5375, until we have a clear break, sitting on your hands or scalping the SR's is your safest bet.
  • #240,905
  • Jul 26, 2010 9:32am Jul 26, 2010 9:32am
Everybody wake up and watch the channel on the 15m!
  • #240,906
  • Jul 26, 2010 9:36am Jul 26, 2010 9:36am
In short @ 5464
Don't be emo... don't be emo....
  • #240,907
  • Jul 26, 2010 9:37am Jul 26, 2010 9:37am
Quoting drakes
In short @ 5464
why there?
  • #240,908
  • Jul 26, 2010 9:37am Jul 26, 2010 9:37am
It's diving here... Looking to test 1.54ish level? Not really sure, but it is a good chance of Shorting.. RSI is already pointing down in my 30min TF chart..

Quoting AnonYmos
Everybody wake up and watch the channel on the 15m!
  • #240,909
  • Jul 26, 2010 9:39am Jul 26, 2010 9:39am
Quoting digger1
why there?
It has fulfilled my criterion to short based on the charts i have...
Don't be emo... don't be emo....
  • #240,910
  • Jul 26, 2010 9:40am Jul 26, 2010 9:40am
Quoting AnonYmos
Everybody wake up and watch the channel on the 15m!
Oh my god! I didn't mean all the restless ones to jump into shorts just because it's testing the lower boundary of a channel on the 15m. Candle's not even printed! I just wanted to wake you guys up!
  • #240,911
  • Jul 26, 2010 9:41am Jul 26, 2010 9:41am
Quoting drakes
It has fulfilled my criterion to short based on the charts i have...
long timeframe , short time frame , ?
  • #240,912
  • Jul 26, 2010 9:43am Jul 26, 2010 9:43am
Quoting digger1
long timeframe , short time frame , ?
or even medium?
  • #240,913
  • Jul 26, 2010 9:43am Jul 26, 2010 9:43am
iam also short from 15475 tp half position at 15435 and others at 15388...based on h4 and m 15 .....fingers crossed
Quoting digger1
long timeframe , short time frame , ?
We cannot direct the winds but we can adjust our sail.
  • #240,914
  • Jul 26, 2010 9:45am Jul 26, 2010 9:45am
Quoting Dutch_trader
i should mention that when its 1/2 way to the tp i place the trade on BE +1

just incase any ones following ....

im free rolling with BE +1
  • #240,915
  • Jul 26, 2010 9:46am Jul 26, 2010 9:46am
Quoting qwertymyfx
or even medium?
lol was just curious ha ha
  • #240,916
  • Jul 26, 2010 9:47am Jul 26, 2010 9:47am
look like where heading to another ranging market this week, there no clear trend at the moment. good luck to all.
  • #240,917
  • Jul 26, 2010 9:48am Jul 26, 2010 9:48am
Quoting digger1
long timeframe , short time frame , ?
Based on m5, m15 and h1
Don't be emo... don't be emo....
  • #240,918
  • Jul 26, 2010 9:50am Jul 26, 2010 9:50am
Quoting fxoxford
look like where heading to another ranging market this week, there no clear trend at the moment. good luck to all.
With all due respect, why would the market be ranging for the week just because it's a boring Mon. I say tmw it'll explode. (here we go again - noobs picking tops )
  • #240,919
  • Jul 26, 2010 9:51am Jul 26, 2010 9:51am
Quoting AnonYmos
With all due respect, why would the market be ranging for the week just because it's a boring Mon. I say tmw it'll explode. (here we go again - noobs picking tops )
lol, i did not pick a top or a bottom, lets just take what the market gives us, good luck.
  • #240,920
  • Jul 26, 2010 9:54am Jul 26, 2010 9:54am
Quoting fxoxford
lol, i did not pick a top or a bottom, lets just take what the market gives us, good luck.
I picked the top! I am the noob! I got the right to pick tops!
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