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Cable Update (GBPUSD)

  • #280,541
  • Jun 3, 2011 3:29am Jun 3, 2011 3:29am
was a big demand near 6305??
90% of traders use TA, indicators and prediction
  • #280,542
  • Jun 3, 2011 3:32am Jun 3, 2011 3:32am
Quoting _BBKing_
was a big demand near 6305??
Long @ 1.6310
SL @ 1.6290
  • #280,543
  • Jun 3, 2011 3:33am Jun 3, 2011 3:33am
Services PMI is negative . will GU Bearish ?
  • #280,544
  • Jun 3, 2011 3:35am Jun 3, 2011 3:35am
Attached Image (click to enlarge)
Click to Enlarge Name: gpb_usd.jpg Size: 228 KB
Quoting Dayboy001
Long @ 1.6310
SL @ 1.6290
  • #280,545
  • Jun 3, 2011 3:37am Jun 3, 2011 3:37am
Attachment
Quoting Dayboy001
Long @ 1.6310
SL @ 1.6290
Attached Image
  • #280,546
  • Jun 3, 2011 3:39am Jun 3, 2011 3:39am
if we dont print 6299 this will be a potential triple bottom in 6305

6360 resistance is the key level
90% of traders use TA, indicators and prediction
  • #280,547
  • Jun 3, 2011 3:42am Jun 3, 2011 3:42am
15min consolidation channel breaks to the downside, breeching too the ascending 4hr trend line, after the false upside break of that channel...price landing post Uk Services Pmi data at that previous 1hr/4hr swing lo zone / Daily S1 pivot created by yesterday's 2 x attempts on the 50% 6057-6546.

Services Pmi comes in 1/2 pt below last month's and forecast.

Current near-term 1hr screenshot below...

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 80 KB
ex member
  • #280,548
  • Jun 3, 2011 3:42am Jun 3, 2011 3:42am
Quoting Dayboy001
Long @ 1.6310
SL @ 1.6290

Closed 1/2 @ 1.6330
Moved SL to B/E
  • #280,549
  • Jun 3, 2011 3:55am Jun 3, 2011 3:55am
i closed short position 6325
90% of traders use TA, indicators and prediction
  • #280,550
  • Jun 3, 2011 4:17am Jun 3, 2011 4:17am
Quoting _BBKing_
i closed short position 6325

not my day
90% of traders use TA, indicators and prediction
  • #280,551
  • Jun 3, 2011 4:19am Jun 3, 2011 4:19am
Quoting _BBKing_
i closed short position 6325

Ohhhhh...WHY !!!! Patience is a way to pips
  • #280,552
  • Jun 3, 2011 4:21am Jun 3, 2011 4:21am
ahh, GU down EU up........ and I need the exact opposite.......
if not by todays close, next week sure
  • #280,553
  • Jun 3, 2011 4:24am Jun 3, 2011 4:24am
Pending long @

1.6310
SL 1.6290

(SL Update)

SL would be 5 below low
  • #280,554
  • Jun 3, 2011 4:25am Jun 3, 2011 4:25am
Quoting deryworlds
Cool King but I just left my Sell New Open at 6339 just now and place Buy Stop near at yours 6385... I see cable really need a big power to going back North according 1H only... but I like to see The Dragon (GBPJPY) already give new sign for GBP direction..... If Cable want Up at NFP the simple way is they should Going Down for now atleast 80 pips
welcome 62xx
  • #280,555
  • Jun 3, 2011 4:26am Jun 3, 2011 4:26am
62990 sell stop triggered
90% of traders use TA, indicators and prediction
  • #280,556
  • Jun 3, 2011 4:27am Jun 3, 2011 4:27am
Quoting deryworlds
Ohhhhh...WHY !!!! Patience is a way to pips

you are right mate....
i lost my patience somewhere.
i must find it out

lets see if we go to 6260 or 6230
90% of traders use TA, indicators and prediction
  • #280,557
  • Jun 3, 2011 4:29am Jun 3, 2011 4:29am
Quoting ricmaj
I have my buy Limit on 6322. targeting some where above 6466
Wish U remove a bit lower for scalp
  • #280,558
  • Jun 3, 2011 4:31am Jun 3, 2011 4:31am
Quoting _BBKing_
you are right mate....
i lost my patience somewhere.
i must find it out

lets see if we go to 6260 or 6230
or better:
more than patience, i need to be more sure of my studies.
i got bad loss some months ago
still unable to trade 'sure' like i was before.
im working hard on this psyco
90% of traders use TA, indicators and prediction
  • #280,559
  • Jun 3, 2011 4:32am Jun 3, 2011 4:32am
Quoting _BBKing_
you are right mate....
i lost my patience somewhere.
i must find it out

lets see if we go to 6260 or 6230
If I could Suggest....now leave it alone " Daily Clear To the Bottom deep "
Up only for 2 hrs scalp and I think not possible to break 6355 again
Have a nice weekend mate
  • #280,560
  • Jun 3, 2011 4:36am Jun 3, 2011 4:36am
Quoting _BBKing_
or better:
more than patience, i need to be more sure of my studies.
i got bad loss some months ago
still unable to trade 'sure' like i was before.
im working hard on this psyco
Good day, now I get back here after some self reflection. Same as you, last month was quite damaging for my account too so I really strife to make repair it slowly this month. That psycho thing also bugged me, which is why I don't trade anything today because of NFP . Better safe than sorry for the moment.
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