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Cable Update (GBPUSD)

  • #283,281
  • Jul 5, 2011 4:35am Jul 5, 2011 4:35am
Quoting bbmac
Quick look at 4hr before I shut down for the session. Steepest 4hr descending trend line at/just above current daily hi.

I see the following potential res factors above current daily hi
6135 Daily R1 @/around
to 6149 previous 1hr/4hr swing hi zone
6152 38.2% of the 6546-5910 Monthly Pivot and Weekly R1 are @ 6148-51
(prev daily sw lo zone runs to 6162)
6166 Weekly R1 @/around
6175-78 50% 6441-5910/76.4% 6262-5910
6180 Daily R2 @/around
to 6184 prev 1hr/4hr sw lo zone
6190 50% 6470-5910
6221 Daily R3 @/around
6227-37 50% 6546-,...
thanks for the levels....but imho risk remains to the downside as long we dont close above 6140/50 on the daily.

my 2 cents

jonas

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Hero calls followed by margin calls...
  • #283,282
  • Jul 5, 2011 4:49am Jul 5, 2011 4:49am
Quoting Hazarder
+70
  • #283,283
  • Jul 5, 2011 4:51am Jul 5, 2011 4:51am
I have enough trade today..since there is a green pips and red pips in my list..ck not a good day , btw there is still some profit in the pocket...SO let see tomorrow, maybe tomorrow I'll hold my self not to trade the news, its really shocking my adrenalin..News,, U the Man I still have no idea to see how U gonna react with at least 60 : 40 % ratio to the ccorrect moves.. still 50:50 up to now mean I have nothing, win 50 and lost 50 for the news trading..

See U guys tomorrow.. I love the market when its fluctuated a lot, but please no news in side

Salam
  • #283,284
  • Jul 5, 2011 4:53am Jul 5, 2011 4:53am
Short @ 1.6124, tight SL..
Trade what you see. Write what you feel
  • #283,285
  • Jul 5, 2011 4:56am Jul 5, 2011 4:56am
Quoting e_piz
Short @ 1.6124, tight SL..
me too
  • #283,286
  • Jul 5, 2011 4:58am Jul 5, 2011 4:58am
One thing I learn in forex in couple of years is if it goes up fast, it will go down fast as well.. If goes up in a rally, down as a rally..

This entry not confirming any trend, just appetizers on pullback..

GL All
Trade what you see. Write what you feel
  • #283,287
  • Jul 5, 2011 4:59am Jul 5, 2011 4:59am
Quoting JungleLion
this move will exhaust at 6133 for the time being. 144 pips from the lows, a fib number.
exhausted, retrace to 6078
  • #283,288
  • Jul 5, 2011 5:17am Jul 5, 2011 5:17am
Quoting Hazarder
Good trade bro
"Buy on fear, sell on greed !!!
  • #283,289
  • Jul 5, 2011 5:40am Jul 5, 2011 5:40am
I think after I look there is no more news schedule to be released.. Then I think this is my time to trade again, take the lost pips back

Every single movement of the candle stick , Will be the green pips Insya Allah.. Lets Trade Again
  • #283,290
  • Jul 5, 2011 6:04am Jul 5, 2011 6:04am
Alhamdulillah the green pips start showing again.. C'Mon Hit my TP
  • #283,291
  • Jul 5, 2011 6:07am Jul 5, 2011 6:07am
Quoting sinchan
Alhamdulillah the green pips start showing again.. C'Mon Hit my TP
Dear Sinchan can you please where you buy. so i also want to trade now.
  • #283,292
  • Jul 5, 2011 6:11am Jul 5, 2011 6:11am
Quoting sinchan
Alhamdulillah the green pips start showing again.. C'Mon Hit my TP
Which way are u trading, long or short??
Fall seven times, stand up Eight! #GGMU
  • #283,293
  • Jul 5, 2011 6:13am Jul 5, 2011 6:13am
Quoting vickym
Which way are u trading, long or short??
Short Bro..
  • #283,294
  • Jul 5, 2011 6:13am Jul 5, 2011 6:13am
Quoting sinchan
Short Bro..
Nice....me too....have a TP at 6080..lets see how it goes...green pips to you
Fall seven times, stand up Eight! #GGMU
  • #283,295
  • Jul 5, 2011 6:15am Jul 5, 2011 6:15am
Quoting sinchan
Short Bro..
definitely short
  • #283,296
  • Jul 5, 2011 6:15am Jul 5, 2011 6:15am
Quoting vickym
Nice....me too....have a TP at 6080..lets see how it goes...green pips to you
My Tp at 1.6097.. I will Scalp this Candle stick in pieces
  • #283,297
  • Jul 5, 2011 6:39am Jul 5, 2011 6:39am
what about a move up to 6180?
90% of traders use TA, indicators and prediction
  • #283,298
  • Jul 5, 2011 6:42am Jul 5, 2011 6:42am
Quoting _BBKing_
what about a move up to 6180?
Later on King.. The candle stick is starting consolidation now for the bulls move.. I just want to scalp it in every candle stick moves
  • #283,299
  • Jul 5, 2011 6:44am Jul 5, 2011 6:44am
in h4 looks not so far the 6170-80

anyway lets see if happens a good setup
i wait USA openings before any decision
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90% of traders use TA, indicators and prediction
  • #283,300
  • Jul 5, 2011 6:50am Jul 5, 2011 6:50am
Quoting _BBKing_
what about a move up to 6180?

am holding a buy for near 6200. just need a close above 6120 to confirm. Am risking nuffin cuz already made alot of pips today. If next close does not get there then am out.
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Keep the Lights on then you can catch the rise from the dark.
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