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Cable Update (GBPUSD)

  • #283,681
  • Jul 7, 2011 9:28am Jul 7, 2011 9:28am
Quoting Seann303$$
worst pair of the day= cable
Clean 60 pip today.

Currently short Eur/Jpy @ 116.47
Trade what you see. Write what you feel
  • #283,682
  • Jul 7, 2011 9:32am Jul 7, 2011 9:32am
Quoting Seann303$$
worst pair of the day= cable
Agree I was get out with 15 p profit. Support 1.5970 look to hard.
Once scalper always scalper
  • #283,683
  • Jul 7, 2011 9:40am Jul 7, 2011 9:40am
Quoting josef
Don't know... I had some good trades today.
Congrat Josef.. Admire U Sir !!! There was a time when we close the account with big red pips, like last night, but it doesnt matter as far we learn from it, today we see the big green pips in our account no need to be arrogant, that such a life..

Looking U choosing the peak point before the news, make me a ware of the most important thing and last night till the morning I learned of the mistake, as of today we see the result of our worthy mistake last night... Alhamdulillah
  • #283,684
  • Jul 7, 2011 9:41am Jul 7, 2011 9:41am
Quoting _BBKing_
100% agree
need balls to trade it with this setup.

im on eur usd n eur gbp
Keep the spirit King.. I always learning from Ur Chart ..
  • #283,685
  • Jul 7, 2011 9:46am Jul 7, 2011 9:46am
Again open sell 1.5986
TP 1.5975 quik small profit
Once scalper always scalper
  • #283,686
  • Jul 7, 2011 9:57am Jul 7, 2011 9:57am
Quoting josef
Don't know... I had some good trades today.
Same here.
will be perfect if touch 1.6000
  • #283,687
  • Jul 7, 2011 10:08am Jul 7, 2011 10:08am
Quoting freemen
Again open sell 1.5986
TP 1.5975 quik small profit
Got it scalp. Closed 1.5980 manual. Today enough I not greed.
Once scalper always scalper
  • #283,688
  • Jul 7, 2011 10:44am Jul 7, 2011 10:44am
http://lcchong.files.wordpress.com/2...ng?w=877&h=397
  • #283,689
  • Jul 7, 2011 10:49am Jul 7, 2011 10:49am
awaiting bulls..

(Long
Tp:1.6025
sl:16045)

if not today, then tomorrow..

edit: but not now i would buy it deeper
  • #283,690
  • Jul 7, 2011 11:22am Jul 7, 2011 11:22am
Quoting Torpedo
awaiting bulls..

(Long
Tp:1.6025
sl:16045)

if not today, then tomorrow..

edit: but not now i would buy it deeper
where is bull start, 50/45 holding took long from 60, should i close or move sl be
Mohan
  • #283,691
  • Jul 7, 2011 11:25am Jul 7, 2011 11:25am
alt count 1 and 2 we are in wave 5 waiting to get new position on end of wave 5
Attached Image (click to enlarge)
Click to Enlarge Name: gbff.gif Size: 33 KB
  • #283,692
  • Jul 7, 2011 11:37am Jul 7, 2011 11:37am
i trade with rsi, and saw a bullish divergence on 1h TF.. will hold my position, but cable is so slow today.. maybe i will close at 1.5985 and wait for a better setup in the asian session..

1.5911 was a good support, 1.5945-50 was a good support..

after this consolidation iam bullish for cable.. short term!

and my english is terrible.. haha

ps. for now cable correlate more with euro.. so i will watch closely both pairs
  • #283,693
  • Jul 7, 2011 11:42am Jul 7, 2011 11:42am
sl moved to BE +1.. free trade is free
  • #283,694
  • Jul 7, 2011 11:54am Jul 7, 2011 11:54am
Quoting Torpedo
sl moved to BE +1.. free trade is free
Mohan
  • #283,695
  • Jul 7, 2011 11:56am Jul 7, 2011 11:56am
dont like PA, closed my 14 pips plus.. will wait for better entry

it may be a symmetric triangle.. so will wait for outbreak.. mixed indies
  • #283,696
  • Edited 1:14pm Jul 7, 2011 11:56am | Edited 1:14pm
Quoting MaryJane
took a late but small short @5982, sl 6019, first target = 5910-5932 area.
came too late today, made a really miserable entry, held this trade thru all the mess (was away).. came back too late. Really great, am very satisfied with myself I'll give myself a sweet reward of not taking the 8 pips and watching my BE stop to pop

ps. should it pop down to that lower tl, i'll grab them.
edit: it did, almost. grabbed 22.

Won't trade tomorrow, market ok but i'm totally out of sync (since yesterday). See ya next week, green pips to all!

edit: personally still bearish on cable, despite of next round of eur-buying euphoria probably started. eurgbp breaking resistances and possibly a downward channel.. a retest of 5911 is probably the next move pending.
Attached Image (click to enlarge)
Click to Enlarge Name: cable mess.gif Size: 23 KB
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  • #283,697
  • Jul 7, 2011 12:51pm Jul 7, 2011 12:51pm
retest of 1.5911 is possible.. but i think we will have a nfp tricky friday.. test of 1.5911 and reversal to 1.6070

look at the bullish divergence on multiple timeframes in RSI... i will wait for confirmation..
  • #283,698
  • Jul 7, 2011 12:59pm Jul 7, 2011 12:59pm
Quoting Torpedo
retest of 1.5911 is possible.. but i think we will have a nfp tricky friday.. test of 1.5911 and reversal to 1.6070

look at the bullish divergence on multiple timeframes in RSI... i will wait for confirmation..
Hi Bro Good Comment of U related the Price Moves...

I think tomorrow we'll gonna go for long, but let the daily candlestick finished formed its body, it will give us a detail information where those Shark will go, we just follow them..

and no need to worry about NFP as long as we are swimming with the Shark
  • #283,699
  • Jul 7, 2011 2:01pm Jul 7, 2011 2:01pm
I am waiting for the entry
  • #283,700
  • Jul 7, 2011 2:45pm Jul 7, 2011 2:45pm
I am in Long
Entry: 1.5972
TP: 1.6017

Salam

Now time to sleep...
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