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Cable Update (GBPUSD)

  • #282,661
  • Jun 29, 2011 6:18am Jun 29, 2011 6:18am
Big win today.. E/u, E/J, all hit TP in 2 sec. Yaikss.. G/U Sell limit 1.6080 have not been hit yet
Trade what you see. Write what you feel
  • #282,662
  • Jun 29, 2011 6:19am Jun 29, 2011 6:19am
I'm done... no more trading for me today.
  • #282,663
  • Jun 29, 2011 6:38am Jun 29, 2011 6:38am
bigs are eating money...

i putted a 0,10 lots short in euro usd @4420 before voting start.
went down 80-90 pips in few seconds.

lol

stopped by trailing stop 50pips
90% of traders use TA, indicators and prediction
  • #282,664
  • Jun 29, 2011 6:45am Jun 29, 2011 6:45am
anyway...
this is h4 GU

i refreshed a bit.

there is a small () resistance area range 6040-6080

IF n ONCE crossed above that, there is a dangerous possible h4 bearish divergence or bearish hidden divergence.

last thing is upper downward channel near 6140

imo....we get again 59 soon.
any idea?
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh4.jpg Size: 202 KB
90% of traders use TA, indicators and prediction
  • #282,665
  • Jun 29, 2011 6:52am Jun 29, 2011 6:52am
I am going south till the end of the day.
Keep the Lights on then you can catch the rise from the dark.
  • #282,666
  • Jun 29, 2011 7:10am Jun 29, 2011 7:10am
I am Done No More trading with in such condition although I got some pips from the short, but no more trading ..Just remember that we just a small fish bro compare to the biggest shark out there whos playing with the news..!!
  • #282,667
  • Jun 29, 2011 7:11am Jun 29, 2011 7:11am
5978..solid demand..IMHO
Trader from Croatia
  • #282,668
  • Jun 29, 2011 7:13am Jun 29, 2011 7:13am
Eur july rate hike, priced. Greek vote positive outcome, priced. UK economy, bad. US economy, bad. The question is which one will give positive recovery signals first, will direct the move. Right now, i see downtrend..
Trend is everything.
  • #282,669
  • Jun 29, 2011 7:16am Jun 29, 2011 7:16am
Quoting CasperTrader
Long @ 1.6012; SL @ 1.5967; TP open
closed the long at 1.5995
  • #282,670
  • Jun 29, 2011 7:20am Jun 29, 2011 7:20am
Quoting Geene
5978..solid demand..IMHO
That should be a nice SL for the Bulls for now the Bears might ride till the end of market
Keep the Lights on then you can catch the rise from the dark.
  • #282,671
  • Jun 29, 2011 7:20am Jun 29, 2011 7:20am
Quoting _BBKing_
anyway...
this is h4 GU

i refreshed a bit.

there is a small () resistance area range 6040-6080

IF n ONCE crossed above that, there is a dangerous possible h4 bearish divergence or bearish hidden divergence.

last thing is upper downward channel near 6140

imo....we get again 59 soon.
any idea?
I'm with you. Only that it seems rangebound 1.5910 - 1.6540 for now. It seems there is some time before it catches some real direction.
  • #282,672
  • Jun 29, 2011 7:24am Jun 29, 2011 7:24am
Quoting _BBKing_
anyway...
this is h4 GU

i refreshed a bit.

there is a small () resistance area range 6040-6080

IF n ONCE crossed above that, there is a dangerous possible h4 bearish divergence or bearish hidden divergence.

last thing is upper downward channel near 6140

imo....we get again 59 soon.
any idea?
can u put this chat in candlestick format so i can get an idea from you please. Cuz it seems interesting I will wait
Keep the Lights on then you can catch the rise from the dark.
  • #282,673
  • Jun 29, 2011 7:26am Jun 29, 2011 7:26am
Quoting CasperTrader
I'm with you. Only that it seems rangebound 1.5910 - 1.6540 for now. It seems there is some time before it catches some real direction.
uhm price is vey volatile......
once or the other will go out of this shitty range.
and i will be able to trade it again.

for the moment, looks like every candle can both go on and reverse.
still no-sense trading for the moment
90% of traders use TA, indicators and prediction
  • #282,674
  • Jun 29, 2011 7:38am Jun 29, 2011 7:38am
Quoting ricmaj
That should be a nice SL for the Bulls for now the Bears might ride till the end of market
Time will tell..wait, wait and wait.
Trader from Croatia
  • #282,675
  • Jun 29, 2011 7:40am Jun 29, 2011 7:40am
Quoting _BBKing_
uhm price is vey volatile......
once or the other will go out of this shitty range.
and i will be able to trade it again.

for the moment, looks like every candle can both go on and reverse.
still no-sense trading for the moment
You are right.
  • #282,676
  • Jun 29, 2011 7:42am Jun 29, 2011 7:42am
Quoting _BBKing_
uhm price is vey volatile......
once or the other will go out of this shitty range.
and i will be able to trade it again.

for the moment, looks like every candle can both go on and reverse.
still no-sense trading for the moment
market is really to volatile. Need to go for a walk. The Bulls looking for a concrete price to push further, an hourly close above 1.6030 might just confirm the day bullish. Nice one to BBKing
Keep the Lights on then you can catch the rise from the dark.
  • #282,677
  • Jun 29, 2011 7:46am Jun 29, 2011 7:46am
Quoting ricmaj
can u put this chat in candlestick format so i can get an idea from you please. Cuz it seems interesting I will wait
you mean this?
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh4.jpg Size: 200 KB
90% of traders use TA, indicators and prediction
  • #282,678
  • Jun 29, 2011 7:48am Jun 29, 2011 7:48am
Quoting Geene
Time will tell..wait, wait and wait.
yes wait wait and wait!........
now 6020 looks like a buy.
you buy, and it goes again in 6000.
then 6000 you think 'i add....'
and it goes down 5980
you close
and it goes again in 6020

fukk.
90% of traders use TA, indicators and prediction
  • #282,679
  • Jun 29, 2011 7:56am Jun 29, 2011 7:56am
Quoting _BBKing_
you mean this?
yes and thanks. I get what you mean now on a clear picture. But a close between 6030 -6060 can confirm that
Keep the Lights on then you can catch the rise from the dark.
  • #282,680
  • Jun 29, 2011 8:01am Jun 29, 2011 8:01am
Quoting ricmaj
yes and thanks. I get what you mean now on a clear picture. But a close between 6030 -6060 can confirm that
i would prefer something like this...
or same in the opposite way

a close above 6080 and a run to test te 6140
or a close below 5900 and a run to test the 5850 n 5800
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh4.jpg Size: 200 KB
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