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Cable Update (GBPUSD)

  • #277,001
  • Apr 20, 2011 7:13am Apr 20, 2011 7:13am
Bottom's up!
  • #277,002
  • Apr 20, 2011 7:14am Apr 20, 2011 7:14am
Bigger picture: Cable's just stuck in a shit range past few days.
  • #277,003
  • Apr 20, 2011 7:17am Apr 20, 2011 7:17am
Quoting josef
Plan the trade and trade your plan. You have made enough to make your own decisions.

I'll go long, after 1.6400 ( resistance breakout).

Josef

Quoting Torpedo
I dont read the threads during trading anymore *lol

it was confusing to me to.. go short , go long.. huh.. wath was my plan? *haha
you all are right
tks
90% of traders use TA, indicators and prediction
  • #277,004
  • Apr 20, 2011 7:24am Apr 20, 2011 7:24am
Quoting _BBKing_
yes i know
a lot of people.
but sometimes happen what i really hate to see "go short here" or "go long there" without a sh..y reason.
and i go confused and i dont get the position
I'm short 1.6346, why, because it is a cluster fuck in that area , stop is when I get nervous.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd short h4.gif Size: 33 KB
Never been vouched
  • #277,005
  • Apr 20, 2011 7:38am Apr 20, 2011 7:38am
gosh it is still on the channel
next resistance is 6400 n 6420 n 6450

below is 6360 already used as support this n previous h1 candles
what a BULL guys.
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh1.gif Size: 26 KB
90% of traders use TA, indicators and prediction
  • #277,006
  • Apr 20, 2011 7:42am Apr 20, 2011 7:42am
h4 chart

white dotted line is old fibo channel
worked out good in the past
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh4.gif Size: 30 KB
90% of traders use TA, indicators and prediction
  • #277,007
  • Apr 20, 2011 8:13am Apr 20, 2011 8:13am
Quoting PoundTrader
new t/p 1.6409 back to the original
why so quickly changed n re changed?
90% of traders use TA, indicators and prediction
  • #277,008
  • Apr 20, 2011 8:15am Apr 20, 2011 8:15am
hopefully news in the next hour will push it further north 1.65
  • #277,009
  • Apr 20, 2011 8:29am Apr 20, 2011 8:29am
Quoting _BBKing_
why so quickly changed n re changed?
perhaps because price action is looking like filling the daily range to the upside...?

i havent heard anyone here mention that the fall in US stocks on monday could have triggered the fall in GU as stock sellers demanded dollars and the next natural direction would be dumping of the dollar as they seek investment elsewhere and thus the shoot up again...rapid in both directions.

only, this time some of the new investments is back in the same US economy where stocks are on the rise again due to new economics performance figures from manufacturing.

its all crazy for the moment i must say................but then again, thats forex.

just a noob blowing some air here...lol. cheers all
  • #277,010
  • Apr 20, 2011 8:42am Apr 20, 2011 8:42am
Quoting _BBKing_
why so quickly changed n re changed?
this pair could be running out of steam
  • #277,011
  • Apr 20, 2011 8:45am Apr 20, 2011 8:45am
Quoting _BBKing_
every body shuold learn not to come in n say "short here" or "buy there" without expalain it with a chart or else with writen reasons.

people can go confused and go wrong and loose money.
this is not a game.
this is not a gamble ("this is SPARTAAAA ..... " )

here we (me at least) are trying to work seriously
since i don't trade using a chart i can't post a chart, my trades are base on math, trying to explain that well
  • #277,012
  • Apr 20, 2011 8:51am Apr 20, 2011 8:51am
Quoting PoundTrader
since i don't trade using a chart i can't post a chart, my trades are base on math, trying to explain that well
was not refering to you
90% of traders use TA, indicators and prediction
  • #277,013
  • Apr 20, 2011 8:53am Apr 20, 2011 8:53am
Quoting PoundTrader
this pair could be running out of steam
uhm ok, tks !
lets see if get the 6400

im on a bit long will add if confirmed. too fast moves, i dont like
90% of traders use TA, indicators and prediction
  • #277,014
  • Apr 20, 2011 8:57am Apr 20, 2011 8:57am
Quoting _BBKing_
was not refering to you
my bad
  • #277,015
  • Apr 20, 2011 9:02am Apr 20, 2011 9:02am
Quoting PoundTrader
new t/p 1.6409 back to the original
i think she will get there
  • #277,016
  • Apr 20, 2011 9:06am Apr 20, 2011 9:06am
  • #277,017
  • Apr 20, 2011 9:11am Apr 20, 2011 9:11am
90% of traders use TA, indicators and prediction
  • #277,018
  • Apr 20, 2011 9:16am Apr 20, 2011 9:16am
  • #277,019
  • Apr 20, 2011 9:16am Apr 20, 2011 9:16am
this house sales not convincing.

euro stable above 4520 (gosh what a bull)

gbp shuld recover some ground loss on the BOE meeting.
my target is 6460
will add if crashed the 6410 (near) n confirmed above
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh1.gif Size: 23 KB
90% of traders use TA, indicators and prediction
  • #277,020
  • Apr 20, 2011 9:18am Apr 20, 2011 9:18am
Quoting PoundTrader

done 6410 while writing ...
im +22 on a long open in 6390!!!!!!! ihihihiihihihi
90% of traders use TA, indicators and prediction
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