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Cable Update (GBPUSD)

  • #279,761
  • May 20, 2011 9:27am May 20, 2011 9:27am
going long now for some small ones?
  • #279,762
  • May 20, 2011 9:33am May 20, 2011 9:33am
could not resist went long

might sunk for the weekend but hey, got plenty other longs in red anyway

1.66 down the line it is
  • #279,763
  • May 20, 2011 9:33am May 20, 2011 9:33am
I should have read this AF signal properly!!:

New strategy :

Buy at 1.6165, Target: 1.6285, Stop: 1.6130

Despite intra-day brief rise to 1.6275, as the British pound has retreated after faltering below indicated resistance at 1.6288, suggesting consolidation with mild downside bias would be seen, however, renewed buying interest should emerge around the Ichimoku cloud bottom (now at 1.6165), bring another rise later.
  • #279,764
  • May 20, 2011 9:35am May 20, 2011 9:35am
if the ranging still continues i think we back to 16205 area
its my opinion only
Just Newbie Need Guidance From The Expert
  • #279,765
  • May 20, 2011 9:42am May 20, 2011 9:42am
scalping success 15 pips only 1/2 lot @ 16193 tp
honestly i like to reload sell @ 16200 but i scare .... what you think bbking ?
Just Newbie Need Guidance From The Expert
  • #279,766
  • May 20, 2011 9:45am May 20, 2011 9:45am
90% of traders use TA, indicators and prediction
  • #279,767
  • May 20, 2011 9:48am May 20, 2011 9:48am
Quoting NoviceInd
scalping success 15 pips only 1/2 lot @ 16193 tp
honestly i like to reload sell @ 16200 but i scare .... what you think bbking ?

that 6165 touch not convincing me yet
i need more to pick a position
90% of traders use TA, indicators and prediction
  • #279,768
  • May 20, 2011 9:52am May 20, 2011 9:52am
new h1 in few minutes
h1 macd full open down
90% of traders use TA, indicators and prediction
  • #279,769
  • May 20, 2011 9:53am May 20, 2011 9:53am
Quoting _BBKing_
that 6165 touch not convincing me yet
i need more to pick a position
yeah i think need gj down to 131 area then i'll reload it
all closed and done 4 today thx for sharing with me .
Just Newbie Need Guidance From The Expert
  • #279,770
  • May 20, 2011 9:58am May 20, 2011 9:58am
Quoting NoviceInd
yeah i think need gj down to 131 area then i'll reload it
all closed and done 4 today thx for sharing with me .
thank you too
have a good weekend
90% of traders use TA, indicators and prediction
  • #279,771
  • May 20, 2011 10:06am May 20, 2011 10:06am
i leave too for a while need a coffe and a breake
90% of traders use TA, indicators and prediction
  • #279,772
  • May 20, 2011 10:08am May 20, 2011 10:08am
1.6200 seems good to sell limit, no?
  • #279,773
  • May 20, 2011 10:19am May 20, 2011 10:19am
GU will go Northpole (Uptrend). it might touch 16250

  • #279,774
  • May 20, 2011 10:21am May 20, 2011 10:21am
I think no more sell....it is the uptrend mode now...please correct me if i am wrong...
"sharing knowledge make us more rich"
  • #279,775
  • May 20, 2011 11:44am May 20, 2011 11:44am
Quoting sphinx8
could not resist went long

+50 pipipn chickin home
  • #279,776
  • May 20, 2011 12:03pm May 20, 2011 12:03pm
+70 pips now and looking forward to touch 6320 ..
Be a sniper not a jumper
  • #279,777
  • May 20, 2011 12:08pm May 20, 2011 12:08pm
bull flag formation in tf 5-min still not reach minimum upside target at 6290.. so still plenty of movement later..
Be a sniper not a jumper
  • #279,778
  • May 20, 2011 12:49pm May 20, 2011 12:49pm
Quoting sierra
bull flag formation in tf 5-min still not reach minimum upside target at 6290.. so still plenty of movement later..


target reacheD! Short time? or hmmmmm
  • #279,779
  • May 20, 2011 12:52pm May 20, 2011 12:52pm
Quoting lolygagv2
target reacheD! Short time? or hmmmmm
yes 1st post closed for 120 pips ... let the 2nd post hunt for 6320

with the situation like this ie. market near closing and potential gap up next week opening... I don't dare to short now.. I just want to put my 2nd post SL at 6275.. at least I close at 95 pips.. if lucky 6320 reached next week if hit my SL... I don't mind either

good luck!
Be a sniper not a jumper
  • #279,780
  • May 20, 2011 12:54pm May 20, 2011 12:54pm
Quoting sierra
bull flag formation in tf 5-min still not reach minimum upside target at 6290.. so still plenty of movement later..
sharp analysis . good job .!!!
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