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Cable Update (GBPUSD)

  • #284,041
  • Jul 12, 2011 9:13am Jul 12, 2011 9:13am
Quoting ZeroCool
hi

I'm out the market ... we are in area cable could go up or down .... when breakout happen i'll enter ... otherwise its sclaping time
you are right. Lets wait break out points
Keep the Lights on then you can catch the rise from the dark.
  • #284,042
  • Jul 12, 2011 9:43am Jul 12, 2011 9:43am
Quoting josef
Market will wait for you!

My long already in 30 pips profit.

lolz it did
i scalped a long
now scalping a short
lets ssee
90% of traders use TA, indicators and prediction
  • #284,043
  • Jul 12, 2011 9:46am Jul 12, 2011 9:46am
Quoting gristar
Hi all experts,

I m new to forex. As for GBPUSD may I know what is the criteria that make u all think that it will go long?

I have already go for short for the following reason:
1. CPI of German showing worse than estimated number
2. The major trend of M15 is downward

Now i m still in the losing position of -50pips (open position at 1.57952 : right after news release). Please advise.
hello
im not properly an expert but sincerely you went short in a support area or better where is supposed to see price pullback before more down.
i hope you already closed that position near 5825.
if not you have 2ways:
wait if price goes again near you
close in loss
market is unpredictable and you cant know if or when it comes again to you....
90% of traders use TA, indicators and prediction
  • #284,044
  • Jul 12, 2011 10:01am Jul 12, 2011 10:01am
Quoting _BBKing_
lolz it did
i scalped a long
now scalping a short
lets ssee
closed half +14 then kicked out @Bep......
now i wait a bit
5900-5920 imho is short area
will wait if close m5 below trendline near 5890
90% of traders use TA, indicators and prediction
  • #284,045
  • Jul 12, 2011 10:02am Jul 12, 2011 10:02am
Short 1.5929
  • #284,046
  • Jul 12, 2011 10:02am Jul 12, 2011 10:02am
wow
today morning i said from 5800 we can see 5900.....
but sincerely i didnt expect so fast!
90% of traders use TA, indicators and prediction
  • #284,047
  • Jul 12, 2011 10:03am Jul 12, 2011 10:03am
Quoting Nick35
I see 1,5920

reached !!!!!
  • #284,048
  • Jul 12, 2011 10:04am Jul 12, 2011 10:04am
Quoting Ultimate6
Short 1.5929
...the damn 50% fibo.....
im watching PA in m1 n m5
lets see
90% of traders use TA, indicators and prediction
  • #284,049
  • Jul 12, 2011 10:10am Jul 12, 2011 10:10am
lets see
usually m1 need to get that white ema60 when it is horizontal, to go more down
actually another scalp already closed half +8
i let the small half to go for a while
Attached Image (click to enlarge)
Click to Enlarge Name: gusdm1.gif Size: 36 KB
90% of traders use TA, indicators and prediction
  • #284,050
  • Jul 12, 2011 10:13am Jul 12, 2011 10:13am
i need a coffee
90% of traders use TA, indicators and prediction
  • #284,051
  • Jul 12, 2011 10:13am Jul 12, 2011 10:13am
Quoting _BBKing_
i need a coffee
can please some one click the 'pause' button on the market??
90% of traders use TA, indicators and prediction
  • #284,052
  • Jul 12, 2011 10:17am Jul 12, 2011 10:17am
Quoting _BBKing_
can please some one click the 'pause' button on the market??
i am laughing loudly (1 am here) nice once
Mohan
  • #284,053
  • Jul 12, 2011 10:23am Jul 12, 2011 10:23am
Quoting _BBKing_
...the damn 50% fibo.....
im watching PA in m1 n m5
lets see
filled. sl of 10
  • #284,054
  • Jul 12, 2011 10:25am Jul 12, 2011 10:25am
Quoting Ultimate6
filled. sl of 10
stop filled
  • #284,055
  • Jul 12, 2011 10:25am Jul 12, 2011 10:25am
Next stop I think 1.5965
  • #284,056
  • Jul 12, 2011 10:30am Jul 12, 2011 10:30am
Quoting _BBKing_
lets see
usually m1 need to get that white ema60 when it is horizontal, to go more down
actually another scalp already closed half +8
i let the small half to go for a while

kicked out
90% of traders use TA, indicators and prediction
  • #284,057
  • Jul 12, 2011 10:32am Jul 12, 2011 10:32am
this is one of the days i ask my self:
ok a technical reason to move from 5800 but.... so fast n so much?
why?
90% of traders use TA, indicators and prediction
  • #284,058
  • Jul 12, 2011 10:55am Jul 12, 2011 10:55am
congrats to those who took a buy below 5850
  • #284,059
  • Jul 12, 2011 1:28pm Jul 12, 2011 1:28pm
Quoting MaryJane
watch the falling wedge on daily. it's a bullish continuation pattern..
could be a test only, daily close will give us a clue
Attached Image (click to enlarge)
Click to Enlarge Name: wedge play.gif Size: 27 KB
MarginTrader All Time Return: na
  • #284,060
  • Jul 12, 2011 3:20pm Jul 12, 2011 3:20pm
I'm speculating a buy at 1.5877 target 1.6
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