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Cable Update (GBPUSD)

  • #276,301
  • Apr 13, 2011 7:11am Apr 13, 2011 7:11am
Quoting xsuchyx
I would say an up trend is cofirmed now
Why?
  • #276,302
  • Apr 13, 2011 7:12am Apr 13, 2011 7:12am
Quoting sphinx8
guys do not talk about bear or you scare him however I do not mind a little spike up before he comes hard
I'm waiting for him since last week 1.62.....
a little?... im talking about Daily spike.. and it will remain that way for days or two... thats why i hope its not happening tonight.... coz tonight theres a ECL games going on ...and i dont want to miss it... neither to this market...

  • #276,303
  • Apr 13, 2011 7:21am Apr 13, 2011 7:21am
if the news won't spike the pair above 1.6325 there will be no spike tonight
but I doubt it anyway as in my opinion we still have to go down before going up and the H1 does not give any signs of confirmation so far ...and I don't think it will
  • #276,304
  • Apr 13, 2011 7:26am Apr 13, 2011 7:26am
Quote
Send my regard and my thank's for you and your wife

Good day,

I am happy that you could make a few pips off 1.6280-1.6290. I will convey your wishes to the wife. Thank you.

You need to find a system to trade. It is important that you do.Start by you posting your chart from now on with your thoughts on where you feel price may go. Members here can comment and contribute - so you will learn.

Take charge!

Warm regards
  • #276,305
  • Apr 13, 2011 7:33am Apr 13, 2011 7:33am
I see a downtrend today, TP 100 pips from now. Anyone short ?
Believe what you see instead of what you think!
  • #276,306
  • Apr 13, 2011 7:34am Apr 13, 2011 7:34am
Quoting redbeben
if it weren't for the bloody news I would short 1.6285 with 1.6245
I'm waiting for the pullback and then I sell with TP 1.6245
don't worry,the side move will continue for the next 10-20 min before we go really down
  • #276,307
  • Apr 13, 2011 7:34am Apr 13, 2011 7:34am
Hi,

Could Someone please make fire in the bull's ass, or pull the bear from his winter hideout and smack it's bum? It seems more like a snail vs tortoise episode...



PS - now that this has been said... all hell will break loose...right? No?

Anyone?
Attached Image
  • #276,308
  • Apr 13, 2011 7:43am Apr 13, 2011 7:43am
Quoting redbeben
if the news won't spike the pair above 1.6325 there will be no spike tonight
but I doubt it anyway as in my opinion we still have to go down before going up and the H1 does not give any signs of confirmation so far ...and I don't think it will
she already does... twice.. but not yet on H4... and I hope it will remain that way for tonight...... this is what I see on H1 now...
Attached Image
  • #276,309
  • Apr 13, 2011 7:53am Apr 13, 2011 7:53am
moved TP lower to 1.6232 as a last stop on this move but If I add the spread It would make it 1.6237-40 to be sure to close it on profit

enjoy....we still don't see the 1.62
  • #276,310
  • Apr 13, 2011 7:58am Apr 13, 2011 7:58am
the circus is closed today - no bulls or bears
  • #276,311
  • Apr 13, 2011 7:59am Apr 13, 2011 7:59am
Quoting TauTrader
Hi,

Could Someone please make fire in the bull's ass, or pull the bear from his winter hideout and smack it's bum? It seems more like a snail vs tortoise episode...



PS - now that this has been said... all hell will break loose...right? No?

Anyone?
What's the matter buddy? 33 hours of going nowhere slow isn't exciting enough? .....

Even scalping this range is tedious and boring....
Attached Image (click to enlarge)
Click to Enlarge Name: gu_4h.gif Size: 20 KB
Ghost Rider - WWTBMD?
  • #276,312
  • Apr 13, 2011 8:02am Apr 13, 2011 8:02am
Quoting TauTrader
Hi,

Could Someone please make fire in the bull's ass, or pull the bear from his winter hideout and smack it's bum? It seems more like a snail vs tortoise episode...



PS - now that this has been said... all hell will break loose...right? No?

Anyone?
Yes. I hope it will start moving soon! I hate waiting.
  • #276,313
  • Apr 13, 2011 8:07am Apr 13, 2011 8:07am
Quoting TauTrader
Hi,

Could Someone please make fire in the bull's ass, or pull the bear from his winter hideout and smack it's bum? It seems more like a snail vs tortoise episode...



PS - now that this has been said... all hell will break loose...right? No?

Anyone?
90% of traders use TA, indicators and prediction
  • #276,314
  • Apr 13, 2011 8:08am Apr 13, 2011 8:08am
ok time's up

I said 20 min half an hour ago,last 10 min bearish now it starts to go down

I'm 122 pips up for today,waiting for this s***t to close and I'm out of here for the rest of the day.
  • #276,315
  • Apr 13, 2011 8:09am Apr 13, 2011 8:09am
sell @ 1.6273, TP 1.6240, SL 1.6305....
wish me luck~~
  • #276,316
  • Apr 13, 2011 8:11am Apr 13, 2011 8:11am
Quoting redbeben
ok time's up

I said 20 min half an hour ago,last 10 min bearish now it starts to go down

I'm 122 pips up for today,waiting for this s***t to close and I'm out of here for the rest of the day.

Great job Maestro
  • #276,317
  • Apr 13, 2011 8:16am Apr 13, 2011 8:16am
Quoting bonus76
Great job Maestro
not quite I'm not proud of what I did today.I traded fast for those pips in 5 trades.I don't like this trading style as I am a lazy mid term trader.I prefer to cash in all at once

but with this PA what can I do? I have to make a living no?
and now I finished some calculations and today I checked them and it seems they work fine
  • #276,318
  • Apr 13, 2011 8:28am Apr 13, 2011 8:28am
Suggestion remain the same as yesterday.

Trade Idea :
Short Entry : 1.6270
Target Profit : 1.6173
Stop Loss : 1.6327

http://img856.imageshack.us/img856/6...1h20110413.gif
  • #276,319
  • Apr 13, 2011 9:04am Apr 13, 2011 9:04am
visiting same area today is very bearish to me, I think we might test 62 in a couple of hours
  • #276,320
  • Apr 13, 2011 9:22am Apr 13, 2011 9:22am
Very thin market, still 65 pips till now. No strong trend no more trading.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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