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Cable Update (GBPUSD)

  • #281,921
  • Jun 20, 2011 3:20am Jun 20, 2011 3:20am
i have my buy stop @ 6160 tp 6228 sl 6100
Keep the Lights on then you can catch the rise from the dark.
  • #281,922
  • Jun 20, 2011 3:48am Jun 20, 2011 3:48am
Quoting ZeroCool
i short @ 1.6135
brave . don't think it will go under 1.6050 ,
rite now floating 4 lot . @ 16280 @ 16176 @ 16140 @ 16080
will see if it goes to 165 again
Just Newbie Need Guidance From The Expert
  • #281,923
  • Jun 20, 2011 4:31am Jun 20, 2011 4:31am
long on GU..
  • #281,924
  • Jun 20, 2011 4:35am Jun 20, 2011 4:35am
This has been a good Pair to trade so far today. Nice action and fairly predictable as well, at least to my setups.

Hope it turns out well for you.
  • #281,925
  • Jun 20, 2011 4:38am Jun 20, 2011 4:38am
bought cable at 1.6146 sl=1.6100 . i'm riding for nice profits...

follow my journal
http://www.forexfactory.com/showthre...=1#post4707265
  • #281,926
  • Jun 20, 2011 5:48am Jun 20, 2011 5:48am
mmm , nice move
maybe i hold my long position till 6215
  • #281,927
  • Jun 20, 2011 6:13am Jun 20, 2011 6:13am

still waiting.

i want to see a clear h4 formation.
today is 5m chart scalping
good luck
90% of traders use TA, indicators and prediction
  • #281,928
  • Edited 6:44am Jun 20, 2011 6:43am | Edited 6:44am
Quoting _BBKing_

still waiting.

i want to see a clear h4 formation.
today is 5m chart scalping
good luck
I normally don't trade alot on mondays, since most of my trades end up 50% win or loss. It is really difficult for me to see what it will do on monday and this for WAIT for CLEAR opportunities or just wait the next day. Tuesday is where i make way more money. So as advice to all. Look at your trade book/ report and see what day you make less correct trades/money good and try to trade less that day and improve your stats.

Becoz alot of trading is about statistics and numbers. Just put the number on your side.

So right now i'm not opening new trades.

Hope this advice can help all.
  • #281,929
  • Jun 20, 2011 7:00am Jun 20, 2011 7:00am
Sell Limit 1 @ 1.6260, Sell limit 2 @ 1.63. Not entering any position now.
Trade what you see. Write what you feel
  • #281,930
  • Jun 20, 2011 7:05am Jun 20, 2011 7:05am
long on m15?
http://www.kikkichimoku.com/home/201...ng-su-m15.html
{Promotion Removed}
  • #281,931
  • Jun 20, 2011 7:09am Jun 20, 2011 7:09am
Quoting gsantri
Good one.. and wait another 5 years for him to answer your post.
wait another 5 years for him to read your comment too
  • #281,932
  • Jun 20, 2011 7:37am Jun 20, 2011 7:37am
Quoting Praga
I normally don't trade alot on mondays, since most of my trades end up 50% win or loss. It is really difficult for me to see what it will do on monday and this for WAIT for CLEAR opportunities or just wait the next day. Tuesday is where i make way more money. So as advice to all. Look at your trade book/ report and see what day you make less correct trades/money good and try to trade less that day and improve your stats.

Becoz alot of trading is about statistics and numbers. Just put the number on your side.

So right now i'm not opening new...
hello,
that could be because at start of week everything possible.
anyway in h4 it's a nice possible bearish flag.
not yet confirmed, as it looks like a reversal pattern.
more confirmation after today's moves.

i need a strong candle below 6110-6080 or above 6280-6300 to define futher moves.
meanwhile i scalp 15-20 pips quick positions
90% of traders use TA, indicators and prediction
  • #281,933
  • Jun 20, 2011 8:08am Jun 20, 2011 8:08am
cable is moving nice...along with the other trades i took

follow my journal
http://www.forexfactory.com/showthre...=1#post4707894
  • #281,934
  • Jun 20, 2011 8:09am Jun 20, 2011 8:09am
Quoting e_piz
Sell Limit 1 @ 1.6260, Sell limit 2 @ 1.63. Not entering any position now.

GU has a strong buying pressure up at 6223 once that is reach we might be seeing the upward movements of 65XX
Keep the Lights on then you can catch the rise from the dark.
  • #281,935
  • Jun 20, 2011 8:53am Jun 20, 2011 8:53am
Quoting ricmaj
GU has a strong buying pressure up at 6223 once that is reach we might be seeing the upward movements of 65XX
My analysis won't say 1.65xx this week. On July yes. But as Im trading intraday, My analysis is just for this week and assumption for next week.

GL.
Trade what you see. Write what you feel
  • #281,936
  • Edited 9:34am Jun 20, 2011 9:01am | Edited 9:34am
Quoting PipPipPip
You got the idea. That is what I see though. For everyone, it could be different. Overall, I see more demand right now then supply, at least until July.

If you look back at my posts, I was -200 pips underwater on cable near mid week, and cable pulled back up giving me -30 now. There were many rejections at its low. Accumulation? possible, there could be another shake out, but next week will tell.

i don't think im going to close it soon. i mean for risking 200 pips, im going to wait that big fish out! As long as es keeps bouncing off 1250,...
GU is looking promising. I am now even, adjusting sl.

EDIT:

Adding to position
  • #281,937
  • Jun 20, 2011 9:45am Jun 20, 2011 9:45am
Hello everyone,


There's a nice trend and looks like we're hitting 6251, anyone agree?
  • #281,938
  • Jun 20, 2011 9:53am Jun 20, 2011 9:53am
Yes, I'm able to see the Fib resistance level in H1 1.6260 and next should be 1.6304..hope to get the pips before Wednesday..
  • #281,939
  • Jun 20, 2011 12:16pm Jun 20, 2011 12:16pm
since friday, price is building this megaphone in h1
i've already posted is chart more than once.

usually this kind of pattern is broken on down.

as we know isn't possible to say it 100% sure.

so:
once it goes out and confirm it, do what market decide.

in addition i would be careful as below lowest line is 6080 and whole 60's strong support area.
same on the highs as the 6250 6270 n 6300 will provide good resistance.

summary:
d1 + weekly says huge move comming soon.
h4 says possible strong bearish flag or strong consolidation above 1.6000 line

h1 says wait.

faster TF says 'SCALP THIS DAMN THING UNTIL WE MOVE!'

i hope im helpful
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90% of traders use TA, indicators and prediction
  • #281,940
  • Jun 20, 2011 4:21pm Jun 20, 2011 4:21pm
should be a nice move up to 1.6305 area.
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