Cable Update (GBPUSD)
- #274,362
- Edited 1:45am Mar 18, 2011 1:09am | Edited 1:45am
- Joined Sep 2010 | Status: Trader | 11,327 Posts
- #274,366
- Mar 18, 2011 2:35am Mar 18, 2011 2:35am
- Joined Sep 2010 | Status: Trader | 11,327 Posts
close 1/2 16174 let the rest run stop at BE TP2 @ 16225
I'm not trading London today ... All the best , everyone
- #274,367
- Mar 18, 2011 4:05am Mar 18, 2011 4:05am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
taken out ... this part could be the Frankie fake ... or could be bear move proper.
I'm not trading London today ... All the best , everyone
jap intervention also ..the jap strength is beling offloaded so trade can happen..usd may gain..
also head n shoulder..be lucky folks
- #274,368
- Mar 18, 2011 4:06am Mar 18, 2011 4:06am
- | Joined Aug 2009 | Status: Save our Children's Save our Future | 1,124 Posts
hallo...i'm in again, Buy, 
I will be the number one Manager.
- #274,370
- Mar 18, 2011 4:09am Mar 18, 2011 4:09am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
hallo...i'm in again, Buy,
- #274,371
- Mar 18, 2011 4:12am Mar 18, 2011 4:12am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
I already said the TP 1.6050
I use the SL acc to my equity
for me it's fine
this is how I work
sell as well on GJ started 131.6 TP 128.50
we'll see how long it takes for this one
- #274,373
- Mar 18, 2011 4:18am Mar 18, 2011 4:18am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #274,375
- Mar 18, 2011 4:32am Mar 18, 2011 4:32am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I dont think technical analysis playing much of a role at the moment as G7 inetrvention is making things very uncertain. Best option is to syat out but who wants to do that right?
100% technical..u should need to know your support and resistances
1) bearish diverence
2) weaken trend right shoulder less than left..h&s potential
3) fall at resistance
4) weekly is showing bearish hold
5)usd has major bullish diverence
6) price retrace to 61.8 fib confluence with resistance on chart ABCD pattern
how many more signal does one need to short cable
if yur long ask yourself what u have in your favour???
trade what is happening not what u think..anyways im off to work
(plz note im not asking u to short just playing a scenero which i think is likely to play out, and trying to help a few)
- #274,378
- Mar 18, 2011 5:27am Mar 18, 2011 5:27am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
100% technical..u should need to know your support and resistances
1) bearish diverence
2) weaken trend right shoulder less than left..h&s potential
3) fall at resistance
4) weekly is showing bearish hold
5)usd has major bullish diverence
6) price retrace to 61.8 fib confluence with resistance on chart ABCD pattern
how many more signal does one need to short cable
if yur long ask yourself what u have in your favour???
trade what is happening not what u think..anyways im off to work
[color=red](plz note im not asking u to short just playing...
90% of traders use TA, indicators and prediction
- #274,379
- Mar 18, 2011 5:36am Mar 18, 2011 5:36am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
i really confused how to selling yen especailly as theres quite clearly an intervention..selling at what u call a discount gonna end only one way..(not good for yur account)..becarefull
I closed manually at 1.6108 for now the rest to flow
thank's for the concern I appreciate it.I moved the TP a bit higher on GJ at 129.4
I will keep an eye on it.as soon as it movet to this level I will move it down again to my initial 128 something
there are some flat KS's attracting the price on ichi that's what I base my analysis on
on H4 I have aflat KS at 127.59 and stochs overbought so the equilibrium has to appear
I give it one day.I am not sure it will end today but it will go there
- #274,380
- Mar 18, 2011 5:50am Mar 18, 2011 5:50am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction