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Cable Update (GBPUSD)

  • #280,561
  • Jun 3, 2011 4:41am Jun 3, 2011 4:41am
interesting lvl here 6300/05

Attached Image (click to enlarge)
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Hero calls followed by margin calls...
  • #280,562
  • Jun 3, 2011 4:46am Jun 3, 2011 4:46am
Is this triple top formed on H4, or not?
  • #280,563
  • Jun 3, 2011 4:48am Jun 3, 2011 4:48am
personally, I will be waiting to see trendline retest activity between now and NFP and selling the break of this 4 hour candle low. What do others do with trendline breaks??
Come with me if you want to live....
  • #280,564
  • Jun 3, 2011 4:49am Jun 3, 2011 4:49am
Quoting Ill-b-back
personally, I will be waiting to see trendline retest activity between now and NFP and selling the break of this 4 hour candle low. What do others do with trendline breaks??
picture
Attached Image (click to enlarge)
Click to Enlarge Name: waiting.gif Size: 18 KB
Come with me if you want to live....
  • #280,565
  • Jun 3, 2011 4:54am Jun 3, 2011 4:54am
Quoting Ill-b-back
personally, I will be waiting to see trendline retest activity between now and NFP and selling the break of this 4 hour candle low. What do others do with trendline breaks??
me personally nothing.
Hero calls followed by margin calls...
  • #280,566
  • Jun 3, 2011 5:10am Jun 3, 2011 5:10am
Quoting Ill-b-back
personally, I will be waiting to see trendline retest activity between now and NFP and selling the break of this 4 hour candle low. What do others do with trendline breaks??

depends on which line you watch to
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh4.gif Size: 30 KB
90% of traders use TA, indicators and prediction
  • #280,567
  • Jun 3, 2011 5:13am Jun 3, 2011 5:13am
Quoting _BBKing_
depends on which line you watch to
taff sell into demand,

lets c
Hero calls followed by margin calls...
  • #280,568
  • Jun 3, 2011 5:16am Jun 3, 2011 5:16am
Quoting 0rPhioZ
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.

hello
i didnt see you since days n days.
well.... last year i was 3-5k profits x week.
then i lost big amount in only one month.
i completely refreshed my trading style, using a demo account.
now i trade like i was trading when i started trading:
1 indicator, 2 lines, 2-3 emas.

best trades i get on flags breakouts
90% of traders use TA, indicators and prediction
  • #280,569
  • Jun 3, 2011 5:21am Jun 3, 2011 5:21am
Quoting PhAnTi'
taff sell into demand,

lets c

yes you are right
but services are bad

anyway im here ready to react if price goes against me
90% of traders use TA, indicators and prediction
  • #280,570
  • Jun 3, 2011 5:21am Jun 3, 2011 5:21am
Long @ 1.6290
SL @ 1.6275
  • #280,571
  • Jun 3, 2011 5:24am Jun 3, 2011 5:24am
Quoting Dayboy001
Long @ 1.6290
SL @ 1.6275

TP? short scal or higher 1.635xish?
  • #280,572
  • Jun 3, 2011 5:24am Jun 3, 2011 5:24am
Quoting _BBKing_
yes you are right
but services are bad

anyway im here ready to react if price goes against me
Hero calls followed by margin calls...
  • #280,573
  • Jun 3, 2011 5:27am Jun 3, 2011 5:27am
Quoting sphinx8
TP? short scal or higher 1.635xish?
market dependant, but I normally close 1/2 at same as SL

so prob close 1/2 @ 1.6305

let the rest run
  • #280,574
  • Jun 3, 2011 5:27am Jun 3, 2011 5:27am
Quoting PhAnTi'
mostly i see hourly macd crossed down below 0
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh1.gif Size: 32 KB
90% of traders use TA, indicators and prediction
  • #280,575
  • Jun 3, 2011 5:33am Jun 3, 2011 5:33am
Quoting Dayboy001
Long @ 1.6290
SL @ 1.6275

closed 1/2 @ 1.6305
Moved SL to B/E
  • #280,576
  • Jun 3, 2011 5:38am Jun 3, 2011 5:38am
Quoting _BBKing_
hello
i didnt see you since days n days.
well.... last year i was 3-5k profits x week.
then i lost big amount in only one month.
i completely refreshed my trading style, using a demo account.
now i trade like i was trading when i started trading:
1 indicator, 2 lines, 2-3 emas.

best trades i get on flags breakouts
Yes, I didn't do any trading since last week. Just watching the chart while checking my trading journal. I will back to the market on Monday, hopefully with more advanced approach than I did before . I'm confident that I'll make some changes in my account.
  • #280,577
  • Jun 3, 2011 5:59am Jun 3, 2011 5:59am
Is anyone going long right now?
  • #280,578
  • Jun 3, 2011 6:00am Jun 3, 2011 6:00am
Quoting josef
Is anyone going long right now?
nope.nfp ahead. no trades for me.
Hero calls followed by margin calls...
  • #280,579
  • Jun 3, 2011 6:08am Jun 3, 2011 6:08am
nevermind the NFP data shaker today, we are still in bull targaeting 1.66ish for coming weeks right?
  • #280,580
  • Jun 3, 2011 6:10am Jun 3, 2011 6:10am
the only good move I can see now is a long with TP 1.73
but I wait for a lower level to buy.we might go down to 1.60 even lower
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