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Cable Update (GBPUSD)

  • #275,401
  • Apr 4, 2011 10:14pm Apr 4, 2011 10:14pm
what is 'she' waiting for???
Service PMI??

L-H-LH-HH -> B // H-L-HL-LL -> B
  • #275,402
  • Apr 4, 2011 11:11pm Apr 4, 2011 11:11pm
Too high for a buy, too low for a short, too boring for waiting, oh God!
Believe what you see instead of what you think!
  • #275,403
  • Apr 5, 2011 12:34am Apr 5, 2011 12:34am
Quoting _BBKing_
hello all
i had some connection problems last week
now slow connection cant post chart too much time

i agree on demand area 6050-6075 hope price will hold there.
supply area 6170-6200(..6220..)

i mean h4 time frame
have a good start of the week
bybye
perfect supply.
stopped @support level 6110
can we be talking of consolidation of 6110?
if holds here will see 6175 breakin today to 6200 n 6220 today

if FAST below 6110 n 6060 would be worried about longs
have a good day all
bybye
90% of traders use TA, indicators and prediction
  • #275,404
  • Apr 5, 2011 1:14am Apr 5, 2011 1:14am
i was long, im now short at 1.6129, t/p 1.5928
  • #275,405
  • Apr 5, 2011 1:22am Apr 5, 2011 1:22am
Quoting Purple
looking for pound to breakout in some direction...
Show me a "C" on a 4H centered on the 200 EMA
and I'll show you a big breakout looming ahead...

Dr. D.
Attached Image
  • #275,406
  • Apr 5, 2011 1:41am Apr 5, 2011 1:41am
Hello, I'm in with this setup:
Short at 1.6115
Take profit: 1.6015
Stop loss: 1.6178 (Resistance)
  • #275,407
  • Apr 5, 2011 1:50am Apr 5, 2011 1:50am
Quoting josef
Hello, I'm in with this setup:
Short at 1.6115
Take profit: 1.6015
Stop loss: 1.6178 (Resistance)
We're in the same boat~~
Believe what you see instead of what you think!
  • #275,408
  • Apr 5, 2011 1:58am Apr 5, 2011 1:58am
Compression Software here,
as a "Giggle"...
Just maybe backing up your "stance", -as if you needed it.
-I still keep this stuff, because it is a visual 'ease' to look at.

Here's my nickel's input. -college kids woke me up fr: next-door.
Best of pipping, w/London Gang,
My Thought was/is Frankfurt run up a 'tad'...
Maybe too weak,


Jeff
Attached Image (click to enlarge)
Click to Enlarge Name: 4_5_2011 GBP_USD NeckLine Broke.jpg Size: 284 KB
I will work to Objectively Identify my Edges
  • #275,409
  • Apr 5, 2011 1:59am Apr 5, 2011 1:59am
I'm in long
started at 1.6110 stop at 1.6087 TP 1.6147
  • #275,410
  • Apr 5, 2011 2:00am Apr 5, 2011 2:00am
Quoting TauTrader
Good day to you,

Currently, I am looking for 1.6140 - 1.6150 area to scalp short, or 1.6070 - 1.6080 area to scalp long. Inbetween these - no trade. Will update later, when these levels change.

Good trading to all

Regards
Good day to you,

Missed my long scalp area by 7 pips. This is not funny anymore.. So now back to waiting.... I will not short this unless I get 1.6140-1.6150. Will attempt another long scalp should be get back to 1.6080 area.

All the best

Regards
  • #275,411
  • Apr 5, 2011 2:04am Apr 5, 2011 2:04am
Running her up...
then...
you make the call...

!
I will work to Objectively Identify my Edges
  • #275,412
  • Apr 5, 2011 2:13am Apr 5, 2011 2:13am
calm down folks, london is in the building nothing new.
  • #275,413
  • Apr 5, 2011 2:24am Apr 5, 2011 2:24am
Eventually got my entry for the short scalp. Now this one needs to work...will leave it to simmer for a while to see if the trade results in a positive outcome.

Regards
  • #275,414
  • Apr 5, 2011 2:28am Apr 5, 2011 2:28am
The declining after my buy @1.6132 around 2:20am was a surprise to me. Why am I always buying at the HIGH?
  • #275,415
  • Apr 5, 2011 2:45am Apr 5, 2011 2:45am
is it possible that GU will reach 1.6200 today ?
{Promotion Removed}
  • #275,416
  • Apr 5, 2011 2:49am Apr 5, 2011 2:49am
Quoting TauTrader
Eventually got my entry for the short scalp. Now this one needs to work...will leave it to simmer for a while to see if the trade results in a positive outcome.

Regards
I hope you are lucky, the bullish session looks like stronger than yesterday !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #275,417
  • Apr 5, 2011 2:51am Apr 5, 2011 2:51am
Quoting Mrleeforex
is it possible that GU will reach 1.6200 today ?
Anything is possible in forex market
  • #275,418
  • Apr 5, 2011 2:52am Apr 5, 2011 2:52am
Quoting GreenPipz
Anything is possible in forex market
lol , what's the probability ?
{Promotion Removed}
  • #275,419
  • Apr 5, 2011 2:57am Apr 5, 2011 2:57am
Monster short potential coming up. Talk about ENGULFED
Attached Image (click to enlarge)
Click to Enlarge Name: Cable.gif Size: 21 KB
  • #275,420
  • Apr 5, 2011 2:58am Apr 5, 2011 2:58am
Quoting Mrleeforex
lol , what's the probability ?
i'm not sure but i think if she can go up above yesterday high, then 90% will touch 1.6200.
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