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Cable Update (GBPUSD)

  • #276,921
  • Apr 19, 2011 2:13pm Apr 19, 2011 2:13pm
Quoting redbeben
I'm in for the EU long at 1.4339 first TP 1.44(1.4410 are is the normal stop) and the next one is 1.4460(normally it should be 1.4480-90)

from 1.4480-90 short TP 1.4420 as first TP and then 1.435

let's see now

if the price will turn against me now I will just buy and buy and buy untill I will move the market up ..I have a jar full of pence and cents on the desk...I think that would be enough ))))))))
Good day to you,

I can not wish you luck, as that would mean that my trade will fail...

Difficult position to be in...

I can give you a picture though...
Attached Image
  • #276,922
  • Apr 19, 2011 2:24pm Apr 19, 2011 2:24pm
Quoting TauTrader
Good day to you,

I can not wish you luck, as that would mean that my trade will fail...

Difficult position to be in...

I can give you a picture though...



so far so good for me
since the first post on EU when the price was 1.4315 there were some pips up.I could have got in at 1.4265 but I waited the confirmation.

the bad thing is that I had to lend some coins from that jar to a friend to buy the parking and I have less to push the market now

anyway in 3 hours I am going home to sleep and I don't give a damn about this pair...it's not my favourite anyway....it's too calm compared to my chaotic trading style
  • #276,923
  • Apr 19, 2011 2:34pm Apr 19, 2011 2:34pm
Quoting TauTrader
Good day to you,

I can not wish you luck, as that would mean that my trade will fail...

Difficult position to be in...

I can give you a picture though...
look to me like short and added and added lol
Verily, in every difficulties there is relief
  • #276,924
  • Apr 19, 2011 3:47pm Apr 19, 2011 3:47pm
mabe we see 1.6450
  • #276,925
  • Apr 19, 2011 3:49pm Apr 19, 2011 3:49pm
Quoting PoundTrader
mabe we see 1.6450
I guess in 2 hours from now on we will have some asian action as for now
  • #276,926
  • Apr 19, 2011 3:59pm Apr 19, 2011 3:59pm
Quoting redbeben
I guess in 2 hours from now on we will have some asian action as for now
  • #276,927
  • Apr 19, 2011 7:02pm Apr 19, 2011 7:02pm
The question is there a channel forming for a retracement to 1.61-1.6150 area?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd daily 4-19-2011.jpg Size: 178 KB
  • #276,928
  • Apr 19, 2011 7:13pm Apr 19, 2011 7:13pm
Well going long for cable at 1.63251. Hoping to get maybe 200 pips. Did go short got about 20 pips then exited. Should have held it a bit longer. See how the long position goes.
  • #276,929
  • Apr 19, 2011 10:07pm Apr 19, 2011 10:07pm
SHORT scalp 6340, I don't dare to go LONG for now.
  • #276,930
  • Edited 10:19pm Apr 19, 2011 10:08pm | Edited 10:19pm
Quoting fxkiller
With only +35 Pips you made 50% of your Account? lol..really unprofessional! Imagine, if you hade two negative trades of 35 pips, you would lost 100% of your Account..
yes master.. i'm very very newbie..
the most important for me is i can wd in every week..
and i can do it...
L-H-LH-HH -> B // H-L-HL-LL -> B
  • #276,931
  • Apr 19, 2011 10:17pm Apr 19, 2011 10:17pm
Quoting seekerz
yes master.. i'm very very newbie..
the most important for me is i can wd in every week..
I think it's okay if you really know what you're doing, but Forex can be very unpredictable sometimes.
  • #276,932
  • Apr 19, 2011 10:54pm Apr 19, 2011 10:54pm
Quoting poundtrader
im long at 1.6266, s/l 1.6178, t/p 1.6410
still long at 1.6266, s/l 1.6178, new t/p 1.6461
  • #276,933
  • Apr 20, 2011 12:10am Apr 20, 2011 12:10am
hello
are we looking something like when 90% people think we go down, finally we go up?

till on this pattern, trend is up.
out of it, we go down after a confirmation
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh1.gif Size: 26 KB
90% of traders use TA, indicators and prediction
  • #276,934
  • Apr 20, 2011 12:12am Apr 20, 2011 12:12am
same on euro.


have a good day all.
i will miss a bit.
bybye
Attached Image (click to enlarge)
Click to Enlarge Name: eusdh1.gif Size: 24 KB
90% of traders use TA, indicators and prediction
  • #276,935
  • Apr 20, 2011 12:17am Apr 20, 2011 12:17am
brekout example
Attached Image (click to enlarge)
Click to Enlarge Name: ujpyh1.gif Size: 26 KB
90% of traders use TA, indicators and prediction
  • #276,936
  • Apr 20, 2011 2:05am Apr 20, 2011 2:05am
  • #276,937
  • Apr 20, 2011 2:15am Apr 20, 2011 2:15am
i'm short at 1.6365 and using tight SL..
i have my resistance line at 1.6370 and maybe later MPC meeting minutes will make the move to south...
L-H-LH-HH -> B // H-L-HL-LL -> B
  • #276,938
  • Apr 20, 2011 2:17am Apr 20, 2011 2:17am
Morning all. Hope you are still holding a long from yesterday, Poundtrader.
Gone to a better place
  • #276,939
  • Apr 20, 2011 2:20am Apr 20, 2011 2:20am
Quoting smikester
Morning all. Hope you are still holding a long from yesterday, Poundtrader.
yep
  • #276,940
  • Apr 20, 2011 2:22am Apr 20, 2011 2:22am
seekerz, please don't post shorts. I just went long. We may yet test 1.6350. I hope not.
Gone to a better place
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