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Cable Update (GBPUSD)

  • #276,861
  • Apr 19, 2011 7:42am Apr 19, 2011 7:42am
Quoting _BBKing_
hello
i have my finger above left mouse button to open the buy position ....
but im not very sure
same here, what buy price we are looking at?
  • #276,862
  • Apr 19, 2011 7:45am Apr 19, 2011 7:45am
Quoting sphinx8
same here, what buy price we are looking at?
1.6250 the day pivot ?!
  • #276,863
  • Apr 19, 2011 7:59am Apr 19, 2011 7:59am
Quoting mmisters
1.6250 the day pivot ?!
Good day to you,

1.6250 is probably not a bad level to buy at - if you are long inclined - but 1.6220 - 1.6210 would be better as that's a pullback area. But do as you see fit.

I am not currently gonna trade GU until the mud settles.

2c's

Regards
  • #276,864
  • Apr 19, 2011 8:06am Apr 19, 2011 8:06am
Quoting smikester
Cue drum roll...
Hehe,

Once you can follow price like the lady, you can do scalping moves all day long.
Attached Image
  • #276,865
  • Apr 19, 2011 8:27am Apr 19, 2011 8:27am
Quoting TauTrader
Hehe,

Once you can follow price like the lady, you can do scalping moves all day long.
It will be convenient, if someday I can master scalping because I'm the small profit type (I usually set target around 20-50 at most). This current bulls seem fake. It looks like we will break today's low before doing any bulls attempt again.
  • #276,866
  • Apr 19, 2011 8:28am Apr 19, 2011 8:28am
If you had to give me a price to short EU at - what would that be?

Regards
  • #276,867
  • Apr 19, 2011 8:30am Apr 19, 2011 8:30am
Quoting TauTrader
If you had to give me a price to short EU at - what would that be?

Regards
is it 336-350
Verily, in every difficulties there is relief
  • #276,868
  • Apr 19, 2011 8:36am Apr 19, 2011 8:36am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Hi TT,

looking at 43300-43500 small .5 lot then add when it goes down Sl 44300...

Quoting TauTrader
If you had to give me a price to short EU at - what would that be?

Regards
  • #276,869
  • Apr 19, 2011 8:37am Apr 19, 2011 8:37am
Quoting redbeben
ok the pullback took place now I think that in the next 3 hours we'll brake the cloud in that area I was talking about.

long now,next target 1.633 then pull back again to 1.628X

good luck...I guess 1.633X will be touched at london close

YOU ARE GENIUS
  • #276,870
  • Apr 19, 2011 8:38am Apr 19, 2011 8:38am
Quoting 0rPhioZ
It will be convenient, if someday I can master scalping because I'm the small profit type (I usually set target around 20-50 at most). This current bulls seem fake. It looks like we will break today's low before doing any bulls attempt again.
Good day to you,

The post was not directed at you. If I in any way offended you - my apology.

I also like to scalp 90% of the time, as the pips add up quickly. However, for me a 50 pip trade is HUGE. A scalp for me, will be abything from 5 pips to 15 pips. My average over the last 50 positive trades is only 14.63 pips per trade. ( This excludes yesterday where I took a large gain and a large loss).

But that is 731 pips - if you can do that in a week or 10 days - there is absolutely no problem. Heck, that is a superb result for a month's work!

Do not let small profits be an issue. They tally up extremely quickly to become very substantial.

If scalping is what you are comfortable with - do it.

all the best on your journey

Regards
  • #276,871
  • Apr 19, 2011 8:39am Apr 19, 2011 8:39am
Quoting ams
Hi TT,

looking at 43300-43500 small .5 lot then add when it goes down Sl 44300...

and where's the target?

i have 1.4050-14034
Verily, in every difficulties there is relief
  • #276,872
  • Apr 19, 2011 8:42am Apr 19, 2011 8:42am
Quoting ams
Hi TT,

looking at 43300-43500 small .5 lot then add when it goes down Sl 44300...
Good day to you,

Funny, I am watching 1.4325... If we can get there, I'm selling. Thank you - like your number.

all the best
  • #276,873
  • Apr 19, 2011 8:42am Apr 19, 2011 8:42am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I am happy at 141...

Quoting primzvicious

and where's the target?

i have 1.4050-14034
  • #276,874
  • Apr 19, 2011 8:44am Apr 19, 2011 8:44am
Quoting TauTrader
Good day to you,

Funny, I am watching 1.4325... If we can get there, I'm selling. Thank you - like your number.

all the best
how about your target TT?
Verily, in every difficulties there is relief
  • #276,875
  • Apr 19, 2011 8:46am Apr 19, 2011 8:46am
Quoting primzvicious
is it 336-350


How are you, Bro?

Like your numbers too!

Just told AMS I am looking at firing a sell if all align. Target price for me? Too early - but quite a long way away.

I had a first sell in at 1.4309 earlier, but bailed after 20, as I was expecting 1.4325. If the train leaves without me - i'll be fairly pissed.

all the best to you!

Regards
  • #276,876
  • Apr 19, 2011 8:46am Apr 19, 2011 8:46am
Hi all, I would like to share my opinion on GU.
http://img850.imageshack.us/img850/8...ly20110419.gif

Happy trading and making profit.
  • #276,877
  • Apr 19, 2011 8:51am Apr 19, 2011 8:51am
Quoting TauTrader


How are you, Bro?

Like your numbers too!

Just told AMS I am looking at firing a sell if all align. Target price for me? Too early - but quite a long way away.

I had a first sell in at 1.4309 earlier, but bailed after 20, as I was expecting 1.4325. If the train leaves without me - i'll be fairly pissed.

all the best to you!

Regards
im fine currently spamming eur/jpy thread with entry and exit... so lonely in there...

Quoting ams
I am happy at 141...
its funny we discussed eu on gbp thread

but anyway thx for your view... TT and ams
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 30 KB
Verily, in every difficulties there is relief
  • #276,878
  • Apr 19, 2011 8:58am Apr 19, 2011 8:58am
Quoting primzvicious
im fine currently spamming eur/jpy thread with entry and exit... so lonely in there...



its funny we discussed eu on gbp thread

but anyway thx for your view... TT and ams
Yip,

That is kinda rude... Better stop.

Regards to you
  • #276,879
  • Apr 19, 2011 9:00am Apr 19, 2011 9:00am
Quoting TauTrader
Yip,

That is kinda rude... Better stop.

Regards to you
gl for you TT
Verily, in every difficulties there is relief
  • #276,880
  • Apr 19, 2011 9:19am Apr 19, 2011 9:19am
Quoting sphinx8
why do you think 1.633x at the end of the day?
we'll see in about 40 min from now on

as I said was waiting for a brake in that particullar area of the cloud ...and it is happening now

10 minutes before london closes normally there is a boom so if we do not reach 1.633X by that time we will have it then
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