Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#283,301
Jul 5, 2011 6:57am Jul 5, 2011 6:57am

_BBKing_
Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts

got a nice 6115-6124 scalp
i think... unless we go straight into 62 area.... that if price goes 6140 then 6180 will come back here 6110 to consolidate or to crash down.

so,
my plan is:
long if i have a good setup above 6110 to 6140 n 6170
short 6140 or 6180 if price gives good setup.
i don't see actually good setup to short to 6040 again. maybe later who knows?!

i need to be here to do it i dont like limit orders, so if this happen next 2 hours i will be happy. if not its all for tomorrow.

lets see

90% of traders use TA, indicators and prediction

#283,302
Jul 5, 2011 7:00am Jul 5, 2011 7:00am

josef
Joined Sep 2006 | Status: Oh yeahhh :) | 1,409 Posts

Let's try another short at 1.6120.

#283,303
Jul 5, 2011 7:05am Jul 5, 2011 7:05am

_BBKing_
Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts

you're right.... i didn't the same. 6110-6120 still supply area

90% of traders use TA, indicators and prediction

#283,304
Jul 5, 2011 7:11am Jul 5, 2011 7:11am

_BBKing_
Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts

got 6110 6103
now i wait

90% of traders use TA, indicators and prediction

#283,305
Jul 5, 2011 7:14am Jul 5, 2011 7:14am

josef
Joined Sep 2006 | Status: Oh yeahhh :) | 1,409 Posts

Quoting josef

Disliked

Let's try another short at 1.6120.

Ignored

Nice! Closed with +15 pips profit. Fast and easy!

I also had a good log trade . 1.6021 - 1.6109 ( 87 pips) but don't like to post trade when I hadn't post my entry.

My results for today:

-30 pips
+87 pips
+15 pips
-------------
102 pips total

Josef

#283,306
Jul 5, 2011 7:16am Jul 5, 2011 7:16am

_BBKing_
Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts

Quoting josef

Disliked

Nice! Closed with +15 pips profit. Fast and easy!

I also had a good log trade . 1.6021 - 1.6109 ( 87 pips) but don't like to post trade when I hadn't post my entry.

My results for today:

-30 pips
+87 pips
+15 pips
-------------
102 pips total

Josef

Ignored

90% of traders use TA, indicators and prediction

#283,307
Jul 5, 2011 7:17am Jul 5, 2011 7:17am

CoffeeGamble
| Joined Jul 2011 | Status: Trader | 82 Posts

Hope this is a double top. Shorted at 6110, SL moved to breakeven, targeting 6165.

#283,308
Jul 5, 2011 7:18am Jul 5, 2011 7:18am

josef
Joined Sep 2006 | Status: Oh yeahhh :) | 1,409 Posts

Quoting _BBKing_

Disliked

got 6110 6103
now i wait

Ignored

I'm in 6103.

#283,309
Jul 5, 2011 7:19am Jul 5, 2011 7:19am

ricmaj
Joined Jun 2011 | Status: Trader | 1,731 Posts

Quoting CoffeeGamble

Disliked

Hope this is a double top. Shorted at 6110, SL moved to breakeven, targeting 6165.

Ignored

dat means u r on Long target 6165?

Keep the Lights on then you can catch the rise from the dark.

#283,310
Jul 5, 2011 7:20am Jul 5, 2011 7:20am

sinchan
| Joined Jun 2011 | Status: Trader | 420 Posts

one more pips to hit my TP..And I was doing the Magrib Prayer..

#283,311
Jul 5, 2011 7:21am Jul 5, 2011 7:21am

CoffeeGamble
| Joined Jul 2011 | Status: Trader | 82 Posts

Out at breakeven SL, how tedious.

#283,312
Jul 5, 2011 7:22am Jul 5, 2011 7:22am

ricmaj
Joined Jun 2011 | Status: Trader | 1,731 Posts

Quoting _BBKing_

Disliked

you're right.... i didn't the same. 6110-6120 still supply area

Ignored

you are right a close above 6120 will trig a new bull action. Am out of my buy so I wait to Buy again. Bears seem few in the market.

Keep the Lights on then you can catch the rise from the dark.

#283,313
Jul 5, 2011 7:22am Jul 5, 2011 7:22am

CoffeeGamble
| Joined Jul 2011 | Status: Trader | 82 Posts

Quoting ricmaj

Disliked

dat means u r on Long target 6165?

Ignored

No sorry, meant 6065. I should be more careful to reread what I'm writing.

#283,314
Jul 5, 2011 7:23am Jul 5, 2011 7:23am

sinchan
| Joined Jun 2011 | Status: Trader | 420 Posts

Quoting josef

Disliked

I'm in 6103.

Ignored

wait little

bit Master after it touched my TP

#283,315
Jul 5, 2011 7:23am Jul 5, 2011 7:23am

Johnny Depp
| Joined Mar 2010 | Status: The Honor is still Mine.. | 313 Posts

What is happenin' to the cable?... something is wrong in here.... if thing goes like this for a week... im going to be rich... it goes up 100 pips non stop.. then going down 100 pips nonstop... man... are market maker going to give away all the money or what?

#283,316
Jul 5, 2011 7:24am Jul 5, 2011 7:24am

vickym
| Joined Feb 2011 | Status: Tyger, Tyger!!! | 646 Posts

How much time for US open? I want to see some selling here...

Fall seven times, stand up Eight! #GGMU

#283,317
Jul 5, 2011 7:26am Jul 5, 2011 7:26am

sinchan
| Joined Jun 2011 | Status: Trader | 420 Posts

Quoting josef

Disliked

Nice! Closed with +15 pips profit. Fast and easy!

I also had a good log trade . 1.6021 - 1.6109 ( 87 pips) but don't like to post trade when I hadn't post my entry.

My results for today:

-30 pips
+87 pips
+15 pips
-------------
102 pips total

Josef

Ignored

U are the Man Josef.. That is why I always post my TP earlier, to let people know is it really I am in profit or in loss

#283,318
Jul 5, 2011 7:35am Jul 5, 2011 7:35am

_BBKing_
Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts

Quoting Johnny Depp

Disliked

What is happenin' to the cable?... something is wrong in here.... if thing goes like this for a week... im going to be rich... it goes up 100 pips non stop.. then going down 100 pips nonstop... man... are market maker going to give away all the money or what?

Ignored

imho they are trying to hold price into 6000-6140 range the more they can until we can get a spike to 6240 then a fast & furious move down below 5900. only an idea......