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Cable Update (GBPUSD)

  • #283,521
  • Jul 6, 2011 10:08am Jul 6, 2011 10:08am
Quoting bbmac
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
was thinkin the same thing.
imho rates will be unchanged and also no price reaction (no big reaction i mean)
best to watch is mnufactury production.
can move price to 6050....
impossible to predict!!
for the moment im curious to see where closes next h4 then daily candle
90% of traders use TA, indicators and prediction
  • #283,522
  • Jul 6, 2011 10:10am Jul 6, 2011 10:10am
lets see if 2nd test to 5945 holds
90% of traders use TA, indicators and prediction
  • #283,523
  • Jul 6, 2011 10:10am Jul 6, 2011 10:10am
Daily t/f shows that 4th fractal swing LH now at monday's 6139 Hi...will price break through the previous swing lo zone to 5910 creating another LL in it's opa downtrend ?

G/L
Attached Image
ex member
  • #283,524
  • Jul 6, 2011 10:14am Jul 6, 2011 10:14am
Quoting _BBKing_
lets see if 2nd test to 5945 holds
or better... it should go again near 5945. isn't it?
90% of traders use TA, indicators and prediction
  • #283,525
  • Jul 6, 2011 10:21am Jul 6, 2011 10:21am
Quoting _BBKing_
or better... it should go again near 5945. isn't it?
uhm... it wasn't..
90% of traders use TA, indicators and prediction
  • #283,526
  • Jul 6, 2011 10:27am Jul 6, 2011 10:27am
Sell Limit placed @ 6011, If this hit, is not the end of my trading today yet.
Trade what you see. Write what you feel
  • #283,527
  • Jul 6, 2011 10:30am Jul 6, 2011 10:30am
For me is short on h1
http://www.kikkichimoku.com/home/201...ort-su-h1.html
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  • #283,528
  • Jul 6, 2011 10:31am Jul 6, 2011 10:31am
did some one expect this strong move up?
90% of traders use TA, indicators and prediction
  • #283,529
  • Jul 6, 2011 10:32am Jul 6, 2011 10:32am
Still not in profit and it's up now, wait then
  • #283,530
  • Jul 6, 2011 10:34am Jul 6, 2011 10:34am
Quoting e_piz
Sell Limit placed @ 6011, If this hit, is not the end of my trading today yet.
Manually enter trade at 6010 and deleted the Sell Limit. Seems the 1 pip it does not want to go.


Officially now back in the market at Sell Entry 1.6010. Lets try 5950 again.

GL All.
Trade what you see. Write what you feel
  • #283,531
  • Jul 6, 2011 10:42am Jul 6, 2011 10:42am
Guys, what is the best image storage service you use to upload your chart image? Picassa?
Trade what you see. Write what you feel
  • #283,532
  • Jul 6, 2011 10:47am Jul 6, 2011 10:47am
Quoting e_piz
Guys, what is the best image storage service you use to upload your chart image? Picassa?
Picassa is my choice, or photobucket is also good
  • #283,533
  • Jul 6, 2011 10:50am Jul 6, 2011 10:50am
Quoting e_piz
Guys, what is the best image storage service you use to upload your chart image? Picassa?
just use easy thumbnail software... its free
  • #283,534
  • Jul 6, 2011 10:52am Jul 6, 2011 10:52am
Quoting MaryJane
bought cable @6007 sl 5966 targetting 6109
stopped out -41

faded the spike below DZ, bought again @5952, closed already +52 to offset the loss.. doubt about further upside but don't like a sell here.. weird market today, tomorrow's a day too.. best of luck to all.
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  • #283,535
  • Jul 6, 2011 10:53am Jul 6, 2011 10:53am
Quoting _BBKing_
did some one expect this strong move up?
It's not over yet..no trade
Trader from Croatia
  • #283,536
  • Jul 6, 2011 11:04am Jul 6, 2011 11:04am
Testing picassa since I already have gmail account.

https://lh3.googleusercontent.com/-I...-Sell-6010.jpg
Trade what you see. Write what you feel
  • #283,537
  • Jul 6, 2011 11:05am Jul 6, 2011 11:05am
Quoting e_piz
Guys, what is the best image storage service you use to upload your chart image? Picassa?
forexfactory
Don't get mad, get even!
  • #283,538
  • Jul 6, 2011 11:06am Jul 6, 2011 11:06am
Quoting _BBKing_
did some one expect this strong move up?
Still prefer downtrend so hold short and wait with SL@6020
  • #283,539
  • Jul 6, 2011 11:08am Jul 6, 2011 11:08am
Quoting stulic
forexfactory

Where need to register to use Forexfactory image service?
Trade what you see. Write what you feel
  • #283,540
  • Jul 6, 2011 11:17am Jul 6, 2011 11:17am
Quoting e_piz
Where need to register to use Forexfactory image service?
Attachment file is what he mean I guess
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