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Cable Update (GBPUSD)

  • #241,341
  • Jul 27, 2010 4:07pm Jul 27, 2010 4:07pm
long still in play. good luck to all
  • #241,342
  • Jul 27, 2010 4:08pm Jul 27, 2010 4:08pm
Quoting egkid
I think i saw a post from u long @ 1.55
Why close it?
like I said it then...I didn't like her there...
Hear the music before the song is over ...
  • #241,343
  • Jul 27, 2010 4:11pm Jul 27, 2010 4:11pm
Quoting GlobalMacro
looks buoyant...should be floating up O/N...quiet too and no distractions in sight...good for an express ride to the top floor...
lol, well we are in an area thts possible or the an express ride down lol, , still have a few longs from 1.50 and then near the retest of the long decsending daily channel , we are right around the 200sma daily and last quarters high so a rocket ride or a crash is in order , buckle up lol
Attached Image (click to enlarge)
Click to Enlarge Name: Daily chart.jpg Size: 148 KB
  • #241,344
  • Jul 27, 2010 4:12pm Jul 27, 2010 4:12pm
I give 3 days for My Target with E/U AND G/U which i post it before.
Attached Image

GL
Cya @ US SESSION
  • #241,345
  • Jul 27, 2010 4:16pm Jul 27, 2010 4:16pm
Quoting digger1
lol, well we are in an area thts possible or the an express ride down lol, , still have a few longs from 1.50 and then near the retest of the long decsending daily channel , we are right around the 200sma daily and last quarters high so a rocket ride or a crash is in order , buckle up lol Attachment
wow, how do u trade from that spider web?
  • #241,346
  • Jul 27, 2010 4:17pm Jul 27, 2010 4:17pm
for this thing to have a chance of making a turn around it will have to drop below 1.5489 or much lower, other then that im seeing 1.5700 area. good luck to all
  • #241,347
  • Jul 27, 2010 4:18pm Jul 27, 2010 4:18pm
Quoting witsnpips
wow, how do u trade from that spider web?
I dont but I know where the levels are
  • #241,348
  • Jul 27, 2010 4:19pm Jul 27, 2010 4:19pm
btw digger, i was only joking.
  • #241,349
  • Jul 27, 2010 4:20pm Jul 27, 2010 4:20pm
Quoting digger1
I dont but I know where the levels are
lol, ok cool.
  • #241,350
  • Jul 27, 2010 4:46pm Jul 27, 2010 4:46pm
Why do so many of you appear to be cable guys only? Do you suspect it gives you a feel for it?
  • #241,351
  • Jul 27, 2010 5:06pm Jul 27, 2010 5:06pm
Quoting digger1
lol, well we are in an area thts possible or the an express ride down lol, , still have a few longs from 1.50 and then near the retest of the long decsending daily channel , we are right around the 200sma daily and last quarters high so a rocket ride or a crash is in order , buckle up lol
my view is relevant only to the next 24 hours...I am not willing to commit to any long-term positions right now...
Hear the music before the song is over ...
  • #241,352
  • Jul 27, 2010 5:19pm Jul 27, 2010 5:19pm
Quoting steroidman
Why do so many of you appear to be cable guys only? Do you suspect it gives you a feel for it?

The clue may be in the title.
  • #241,353
  • Jul 27, 2010 7:14pm Jul 27, 2010 7:14pm
salam all..
having trouble with internet connection..
miss 2 day trade..
now back...make some money
Revesal Trader
  • #241,354
  • Jul 27, 2010 7:29pm Jul 27, 2010 7:29pm
Quoting cloggie
The first thing you need to do though is find your own way, you need to find and build your own methodology, one that suits you and that you understand. There are 1,000's of different profitable ways of trading, but you need to build your own, that is the only way to be succesful. Yes by all means take bits and pieces from the guys and girls here, there are some good ones, but you need to start from the basics, find your trend and trade with it, then start working on where and how the price reacts with different levels, MA/fibs/pivots/SR's, then...
Ok, understand what you're saying. I do use a set of indicators on the 1H to enter/exit trades. As I have said before, using the indicators have not been totally succcessful and I am trying to understand why my trades fail, and bases on your explanation on how cable PA moves, along with the S/R, I begin to see why. My weakness is still trying to identify trends, but based on your feedback, I hope to be able to understand that better too, and that it takes more than 50% fibo to show a reversal.

One last question though, the Support on the H4 that you mention, do you refer to the daily Support line, or to the 25ma that you use in there? Thank you.
Don't be emo... don't be emo....
  • #241,355
  • Jul 27, 2010 7:34pm Jul 27, 2010 7:34pm
Quoting steroidman
Why do so many of you appear to be cable guys only? Do you suspect it gives you a feel for it?
Cause it IS a thread for GBPUSD??
Don't be emo... don't be emo....
  • #241,356
  • Jul 27, 2010 8:26pm Jul 27, 2010 8:26pm
Good Morning Girls
  • #241,357
  • Jul 27, 2010 8:53pm Jul 27, 2010 8:53pm
http://img818.imageshack.us/img818/8463/32482307.gif
  • #241,358
  • Jul 27, 2010 8:53pm Jul 27, 2010 8:53pm
http://img818.imageshack.us/img818/8049/42852978.gif
  • #241,359
  • Jul 27, 2010 9:11pm Jul 27, 2010 9:11pm
the long trend is stable . what is your idea?
Attached Image (click to enlarge)
Click to Enlarge Name: T958GXLP@3HLR~770}DS5K6.jpg Size: 157 KB
A chart helps those who can read it.
  • #241,360
  • Jul 27, 2010 9:18pm Jul 27, 2010 9:18pm
im hoping it retraces 1.5550 or lower to buy the dip....also some governer king news in london today. i think its all good for 100 pips or more. keeping fingers crossed
To Your Success!!
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