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Cable Update (GBPUSD)

  • #283,501
  • Jul 6, 2011 9:21am Jul 6, 2011 9:21am
Quoting Geene
5880 +/-20..will see..patience
uhm 5880 i have as a weekly target.
but.... ehehhe ... lets see
90% of traders use TA, indicators and prediction
  • #283,502
  • Jul 6, 2011 9:23am Jul 6, 2011 9:23am
TP Hit.. Kacingggg.. Clean 80 pips. Done for today guys. GL All.
Trade what you see. Write what you feel
  • #283,503
  • Jul 6, 2011 9:23am Jul 6, 2011 9:23am
5900 in sign, have any ideal for long trade Guys?
  • #283,504
  • Jul 6, 2011 9:23am Jul 6, 2011 9:23am
surely if stops are triggered near 5900 we'll all meet at the party into 58 area ....
90% of traders use TA, indicators and prediction
  • #283,505
  • Jul 6, 2011 9:26am Jul 6, 2011 9:26am
Quoting _BBKing_
anyway would make sense to see this h4 going straight to touch 5945.
what do you think guys?

ok today we got something with a sense!
lolz
90% of traders use TA, indicators and prediction
  • #283,506
  • Jul 6, 2011 9:27am Jul 6, 2011 9:27am
Quoting _BBKing_
surely if stops are triggered near 5900 we'll all meet at the party into 58 area ....
EURCHF..there is a party
Trader from Croatia
  • #283,507
  • Jul 6, 2011 9:29am Jul 6, 2011 9:29am
I am Out with - 50 pips with normal quantity .. another lesson today I got about the news trading, it doesnt matter what the news said, is it the matter of how the daily candle stick brought us the direction not the 4H,1H or 30M..

feel free to give an input..

I have enough trades today..

News U really Rock Me up

Salam
  • #283,508
  • Jul 6, 2011 9:30am Jul 6, 2011 9:30am
this morning i traded silver i was very foolish...i didnt calculate the pip.....i lost 235....can u imagine, but thank God i was able to gain some back....this news was a perfect one for me.....
  • #283,509
  • Jul 6, 2011 9:30am Jul 6, 2011 9:30am
Quoting Geene
EURCHF..there is a party
Got out of a short hour ago with -5
Don't get mad, get even!
  • #283,510
  • Jul 6, 2011 9:32am Jul 6, 2011 9:32am
Quoting sinchan
I am Out with - 50 pips with normal quantity .. another lesson today I got about the news trading, it doesnt matter what the news said, is it the matter of how the daily candle stick brought us the direction not the 4H,1H or 30M..

feel free to give an input..

I have enough trades today..

News U really Rock Me up

Salam
You went long just before the drop, where you picked up those 50 pips is a mistery to me.
Don't get mad, get even!
  • #283,511
  • Jul 6, 2011 9:35am Jul 6, 2011 9:35am
Quoting e_piz
TP Hit.. Kacingggg.. Clean 80 pips. Done for today guys. GL All.
good!
has been not easy to hold shorts till here .......
90% of traders use TA, indicators and prediction
  • #283,512
  • Jul 6, 2011 9:37am Jul 6, 2011 9:37am
Quoting stulic
You went long just before the drop, where you picked up those 50 pips is a mistery to me.
he's talking about his loss..... : p
Hero calls followed by margin calls...
  • #283,513
  • Jul 6, 2011 9:37am Jul 6, 2011 9:37am
Quoting sinchan
I am Out with - 50 pips with normal quantity .. another lesson today I got about the news trading, it doesnt matter what the news said, is it the matter of how the daily candle stick brought us the direction not the 4H,1H or 30M..

feel free to give an input..

I have enough trades today..

News U really Rock Me up

Salam
near news events, i dont open the calendar... i open 1m n 5m charts !
90% of traders use TA, indicators and prediction
  • #283,514
  • Jul 6, 2011 9:38am Jul 6, 2011 9:38am
Quoting stulic
Got out of a short hour ago with -5
It happens...
I was too tired...
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF.JPG Size: 5 KB
Trader from Croatia
  • #283,515
  • Jul 6, 2011 9:41am Jul 6, 2011 9:41am
Quoting stulic
You went long just before the drop, where you picked up those 50 pips is a mistery to me.
what happen must time is that when you trade the news u need to wait for the market direction as its the best form to know its way
  • #283,516
  • Jul 6, 2011 9:45am Jul 6, 2011 9:45am
Quoting PhAnTi'
he's talking about his loss..... : p
Yes, didn't see the big minus in front
Don't get mad, get even!
  • #283,517
  • Jul 6, 2011 9:48am Jul 6, 2011 9:48am
A much changed 1hr environment with a downside follow thru following U.s data react...Weekly S1 so far cushioning the fall. Below current lo the previous 1hr/4hr/daily swing lo zone 5925-10 containing Daily S2 @/around 5922. Below here:

5878 61.8% 5343-6746
5854 Daily S3 @/around
5848 61.8% 5290-5746
5832-18 previous daily swing lo zone inc Weekly S2 @/around 5824
5802 monthly S1 @/around
5790-44 previous daily swing lo zone.



1hr in a downtrend with another LL printed off that LH @ 6026, 4hr prining a LL too below it's last L.

Price @ 112% of it's 20day atr so far today.

G/L
ex member
  • #283,518
  • Jul 6, 2011 9:50am Jul 6, 2011 9:50am
Look for downtrend and go short @1.5975 but in loss now, let's see
  • #283,519
  • Jul 6, 2011 9:56am Jul 6, 2011 9:56am
Intereresting Eurusd daily situation, 2 days of selling off the perfect doji...in a bit of a triangle thing now ?

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 41 KB
ex member
  • #283,520
  • Jul 6, 2011 10:00am Jul 6, 2011 10:00am
Unlikley to see a rate rise re tomorrow's Uk Boe/MPC rate decision, or indeed any more Qe although that remains a bigger probability than a rate rise at the meoment. Ahead of that the Ind and manuf Prod numbers and this could cause some knee-jerk movement. ISM construct and manuf pmi dissapointed will these numbers be the same ? or will they surprise with upside prints like the ISM services yesterday ?

Time will tell.

G/L
ex member
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