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Cable Update (GBPUSD)
- #282,282
- Jun 24, 2011 12:51am Jun 24, 2011 12:51am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #282,283
- Jun 24, 2011 12:52am Jun 24, 2011 12:52am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #282,285
- Jun 24, 2011 1:15am Jun 24, 2011 1:15am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Well looking at macd reading i can say no for 1.58xx level
i just went long and will be till 1.6220
my main reason is macd is not where price should be price has fallen very fast and macd is still didnt catched up with price,
second is some thing called Nature of Currency,
well GBP nature is it goes up very fast goes down very fast but always come to near 50% of his highs and lows always thats its nature thats why it is called CABLE..
for EG: CAD it is the only currency which can be over bought for long long time, you cant say cad is over bough...
sorry i did not read very well your post.... yes usually gbp usd 'retrace' around 50% of main move!
lets seee if 5930 is confirmed as bottom of the move
90% of traders use TA, indicators and prediction
- #282,286
- Jun 24, 2011 1:17am Jun 24, 2011 1:17am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #282,287
- Jun 24, 2011 1:18am Jun 24, 2011 1:18am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #282,288
- Jun 24, 2011 1:28am Jun 24, 2011 1:28am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Well, we're sitting on 1.6 and a tight Asia range. Could be time for a break out. Watch me get topped and tailed... 
Gone to a better place
- #282,289
- Jun 24, 2011 1:29am Jun 24, 2011 1:29am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #282,291
- Jun 24, 2011 1:35am Jun 24, 2011 1:35am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
warm-up lap
lets see
out half +15 SL @BEp
90% of traders use TA, indicators and prediction
- #282,292
- Jun 24, 2011 1:38am Jun 24, 2011 1:38am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #282,293
- Jun 24, 2011 1:42am Jun 24, 2011 1:42am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #282,295
- Jun 24, 2011 1:49am Jun 24, 2011 1:49am
5980 n 5970 should provide support.
if not is straight to 5930 again.
lets see.....
i let my half position run TGT open
CLapp Clapp that is my vieuw and trade to lol
The Big BB KING Trade clapp clappppppppp
- #282,296
- Jun 24, 2011 1:52am Jun 24, 2011 1:52am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
I hope to see some action today but i have a bad feeling that it will just jump around in this 1.5984 area.
yes possible.
it is 50%fibo 5937-6027
who knows?
its friday, usually on fridays i get some position like this for 15-20 pips
then if im lucky i get an 'home run'
90% of traders use TA, indicators and prediction
- #282,297
- Jun 24, 2011 1:53am Jun 24, 2011 1:53am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
CLapp Clapp that is my vieuw and trade to lol
The Big BB KING Trade clapp clappppppppp
but, not always the same, i get also bad n stupid losses
90% of traders use TA, indicators and prediction
- #282,298
- Edited 1:58am Jun 24, 2011 1:57am | Edited 1:58am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #282,299
- Jun 24, 2011 1:58am Jun 24, 2011 1:58am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
