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Cable Update (GBPUSD)

  • #280,501
  • Jun 2, 2011 7:36am Jun 2, 2011 7:36am
Quoting Ill-b-back
6370 or 6340 should provide some reactions
Sure and I still believe they wait NFP for weekly closing high...see Not much happen for a crap news in other words today is sideway mode ON Just Chopy day for scalper
  • #280,502
  • Jun 2, 2011 8:24am Jun 2, 2011 8:24am
Quoting deryworlds
I place Limit at 6267 Long..what do you think ?!

we are building a bearish flag in h4 imho
ranging till tomorrow
then down restart to 62 area
but let's see next moves
90% of traders use TA, indicators and prediction
  • #280,503
  • Jun 2, 2011 8:46am Jun 2, 2011 8:46am
or straight below daily lowest?
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90% of traders use TA, indicators and prediction
  • #280,504
  • Jun 2, 2011 8:55am Jun 2, 2011 8:55am
Good Day all
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  • #280,505
  • Jun 2, 2011 9:23am Jun 2, 2011 9:23am
Hmmm.... hmmm...s'cuse me .
Now what have i been saying?
Attached Image (click to enlarge)
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All systems of divination, like music itself,work through patterns.
  • #280,506
  • Jun 2, 2011 9:53am Jun 2, 2011 9:53am
thumbs up to those who saw this comign...... what a drop....
are we done yet?
  • #280,507
  • Jun 2, 2011 9:58am Jun 2, 2011 9:58am
Quoting sphinx8
thumbs up to those who saw this comign...... what a drop....
are we done yet?
We will never surrender...........we will fight them in the sand pit..ummm in the sky and everywhere..Winston Churcill sort of.
All systems of divination, like music itself,work through patterns.
  • #280,508
  • Jun 2, 2011 9:59am Jun 2, 2011 9:59am
Quoting kaspopsicle
We will never surrender...........we will fight them in the sand pit..ummm in the sky and everywhere..Winston Churcill sort of.
you bet I will fight with so many longs at mid 1.63ish )
  • #280,509
  • Jun 2, 2011 10:06am Jun 2, 2011 10:06am
Quoting sphinx8
you bet I will fight with so many longs at mid 1.63ish )
Yeah? i got monthly open at 16375...each to their own.
All systems of divination, like music itself,work through patterns.
  • #280,510
  • Jun 2, 2011 10:08am Jun 2, 2011 10:08am
Quoting kaspopsicle
Yeah? i got monthly open at 16375...each to their own.

so calming knowing I'm not alone

was hoping to close some today, hmmm, not likely
  • #280,511
  • Jun 2, 2011 10:21am Jun 2, 2011 10:21am
Sorry.... forgot to attach bigger pic of the sandpit. I cant remember where i got the big blue dotty line from ...but i believe that it is significant....have to believe in the lines that you draw in etc.
Attached Image (click to enlarge)
Click to Enlarge Name: Spot FX GBP_USD (DFB).png Size: 8 KB
All systems of divination, like music itself,work through patterns.
  • #280,512
  • Jun 2, 2011 10:27am Jun 2, 2011 10:27am
Quoting sphinx8
so calming knowing I'm not alone

was hoping to close some today, hmmm, not likely
cant help you there mate, sorry..... i'm a five min scalper...i only hold a trade overnight when i'm absolutely sure of what the market is going to do.........
All systems of divination, like music itself,work through patterns.
  • #280,513
  • Jun 2, 2011 12:05pm Jun 2, 2011 12:05pm
I’m going to re enter my long trade on aud/usd

Buy aud/usd at 1.0687 sl=1.0576 tp1=1.0740 tp2=1.0800 tp3=1.0850
Buy gbp/usd at 1.6386 sl=1.6294 tp1=1.6500 tp2=1.600


I will reinforce these trades with the daily close

follow my journal
http://www.forexfactory.com/showthre...254704&page=32
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: aud.usd.gif Size: 17 KB
  • #280,514
  • Jun 2, 2011 1:55pm Jun 2, 2011 1:55pm
Guys, having a brief look at Aussie USD have a look at my chart - great position trade IMHO up to 1.2000


what do you think?


rgds
Attached Image (click to enlarge)
Click to Enlarge Name: audusd daily.gif Size: 15 KB
  • #280,515
  • Jun 2, 2011 3:06pm Jun 2, 2011 3:06pm
Quoting jmtini
Guys, having a brief look at Aussie USD have a look at my chart - great position trade IMHO up to 1.2000


what do you think?


rgds
I'd be a little careful with this one, we are entering into another recession over here after the multiple floods and RB not raising interest rates again anytime soon. US stocks are looking a little shaky which will strengthen the USD if there is a sell off.
Come with me if you want to live....
  • #280,516
  • Jun 2, 2011 3:33pm Jun 2, 2011 3:33pm
with some ups and downs in the meantime it is a northbound train tomorrow I suppose?

wondering what Ninjas will do
  • #280,517
  • Jun 2, 2011 7:28pm Jun 2, 2011 7:28pm
Quoting jmtini
Guys, having a brief look at Aussie USD have a look at my chart - great position trade IMHO up to 1.2000


what do you think?


rgds
i dont make a habit of thinking, BUT...this is Cable thread.
All systems of divination, like music itself,work through patterns.
  • #280,518
  • Jun 2, 2011 7:30pm Jun 2, 2011 7:30pm
Quoting dailyking
I’m going to re enter my long trade on aud/usd

Buy aud/usd at 1.0687 sl=1.0576 tp1=1.0740 tp2=1.0800 tp3=1.0850
Buy gbp/usd at 1.6386 sl=1.6294 tp1=1.6500 tp2=1.600


I will reinforce these trades with the daily close

follow my journal
http://www.forexfactory.com/showthre...254704&page=32
Ah shit , do we have to ?
All systems of divination, like music itself,work through patterns.
  • #280,519
  • Jun 3, 2011 1:33am Jun 3, 2011 1:33am
wow.
all ready to share ideas as i see.
very good.

maybe nobody knows where we are going.

im in a big doubt too.
today we brake levels, thats for sure.
good luck guys
90% of traders use TA, indicators and prediction
  • #280,520
  • Jun 3, 2011 1:59am Jun 3, 2011 1:59am
Double test now of the 50% 6746-6057 after yesterday's initial rise from it created a previous 1hr/4hr swing lo zone which saw a 2nd bounce after the run up and fall to/from yesterday's 6417 hi [monthly pivot area,] producing an inverted pinbar candle on the daily t/f. The 2nd bounce has stalled at 6378 area the fall encountering some demand in the 6333 area = 61.8% of the 2nd bounce 6305-6378.

So, some ranging now on 1hr and 4hr with 1hr 100sma remaining above it's 200sma, below on the 4hr and above on Daily...a bulish start to the London session with Uk services PMI and U.s NFP etc the main known event risks today.

G/L
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