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Cable Update (GBPUSD)

  • #283,761
  • Jul 8, 2011 4:19am Jul 8, 2011 4:19am
uhm
market is waiting nfp
i leave and come back after the release
good trading you all
90% of traders use TA, indicators and prediction
  • #283,762
  • Jul 8, 2011 4:22am Jul 8, 2011 4:22am
Yeh, gonna break here and come back for 1/2hr-1hr around NFP release.

G/L
ex member
  • #283,763
  • Jul 8, 2011 4:24am Jul 8, 2011 4:24am
H1 closed below pivot
i'm in short at 5961
and I will be out (5920-5930)
  • #283,764
  • Edited 5:09am Jul 8, 2011 4:29am | Edited 5:09am
Quoting MaryJane
stopped out, -17
sold again @5981, stop at BE.
closed half pos +34, offsetting the loss.

Break or bounce? That's the question.
Nice ride or breakeven. That's the answer
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  • #283,765
  • Jul 8, 2011 5:41am Jul 8, 2011 5:41am
booooring
  • #283,766
  • Jul 8, 2011 5:56am Jul 8, 2011 5:56am
Quoting Torpedo
booooring
Read book about forex. Or http://www.fx360.com/commentary/kath...=1310121716890

Not waste your time!
Once scalper always scalper
  • #283,767
  • Jul 8, 2011 6:04am Jul 8, 2011 6:04am
My forecast after a while price will touch 5930 lvl and will perfectly bounce for it.
  • #283,768
  • Jul 8, 2011 6:20am Jul 8, 2011 6:20am
Quoting josef
My forecast after a while price will touch 5930 lvl and will perfectly bounce for it.
What a perfect call?

  • #283,769
  • Jul 8, 2011 6:23am Jul 8, 2011 6:23am
Quoting josef
My forecast after a while price will touch 5930 lvl and will perfectly bounce for it.
Very probable. Looking at the daily, there's a nice room for a leg up... there's nothing to force them selling at this lvl, unless nfp does it.
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  • #283,770
  • Jul 8, 2011 6:24am Jul 8, 2011 6:24am
Quoting TrendsFX
What a perfect call?

haha 20 minutes ago, more then an hour after it actually happened.
Don't get mad, get even!
  • #283,771
  • Jul 8, 2011 6:28am Jul 8, 2011 6:28am
Quoting stulic
haha 20 minutes ago, more then an hour after it actually happened.
I guess josef predicted another bounce there.
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  • #283,772
  • Jul 8, 2011 6:35am Jul 8, 2011 6:35am
Quoting stulic
haha 20 minutes ago, more then an hour after it actually happened.
ooowww I didn't notice that
  • #283,773
  • Jul 8, 2011 6:41am Jul 8, 2011 6:41am
Quoting MaryJane
I guess josef predicted another bounce there.
That'd be a double bottom, we already got not only rejected but shot back in space at 5931, that's why all my sell stops are below.
But we might get there again by NFP time and finally break it if you ask me
Don't get mad, get even!
  • #283,774
  • Edited 6:52am Jul 8, 2011 6:41am | Edited 6:52am
Hows Life of cable, seem still good my SL still not broken yet , would that be a bounced .. I am busy scalping the cross currency, well Alhamdulillah + 80 green pips

Let see how the cable gonna act with the news
  • #283,775
  • Jul 8, 2011 7:11am Jul 8, 2011 7:11am
Quoting MaryJane
closed half pos +34, offsetting the loss.

Break or bounce? That's the question.
Nice ride or breakeven. That's the answer

i must thank you as i had a wrong trendline drawn in my h1 chart!
90% of traders use TA, indicators and prediction
  • #283,776
  • Jul 8, 2011 7:12am Jul 8, 2011 7:12am
Quoting josef
My forecast after a while price will touch 5930 lvl and will perfectly bounce for it.
uhm possible but i prefer wait the release and some time until trend appears!
lets see
90% of traders use TA, indicators and prediction
  • #283,777
  • Jul 8, 2011 7:15am Jul 8, 2011 7:15am
and the nfp are comming in few minutes

i expect a move up-down of a large range to test n burn stops
sometimes happen during nfp

i hope anyway that prices take a direction until ny closing
90% of traders use TA, indicators and prediction
  • #283,778
  • Jul 8, 2011 7:18am Jul 8, 2011 7:18am
I think NFP will be positive. So some movement against must be. I wait price climbing up to 1.6000-1.6025 and then falling very quickly.. 1.6000-1.6025 its the 50% area of prev. week action.

Regards
Think like an investor, Act as a speculator. Ferid H.
  • #283,779
  • Jul 8, 2011 7:25am Jul 8, 2011 7:25am
U.s Nfp etc T-4mins

G/L all
ex member
  • #283,780
  • Jul 8, 2011 7:27am Jul 8, 2011 7:27am
hah if i should guess and NFP will be positive, I'd predict a knee-jerk down move slipping downto 5900, sharp reject turning into a sustained move up due to risk-on mode. but guessing is pointless fantasy.
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