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Cable Update (GBPUSD)

  • #284,081
  • Jul 13, 2011 1:38am Jul 13, 2011 1:38am
Short @ 5938

it's gonna go south (cause it seem struggle to break the resistance) and incoming UK session too.
  • #284,082
  • Jul 13, 2011 1:41am Jul 13, 2011 1:41am
Right now better to stay back and look where it is going. It is stuck in 1.5947 - 1.5910. Also GMMA shows that it is searching direction.
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  • #284,083
  • Jul 13, 2011 1:43am Jul 13, 2011 1:43am
Quoting josef
Hello.

Yesterday I finally pick up a good long position 1.5828 - 1.5928. It took be back to BE for this week.

Sell area 1.5950-1.5970
well.. yesterday Long is not on my list.... im on the sideline when that happen.... and today neither of buy or sell.... but im really want to see if there is a sell going on today... I really do... not to enter it .. just to make sure of something.... something that I dont think a market maker going to do a sell today.... but I really hope they do it...
  • #284,084
  • Jul 13, 2011 1:44am Jul 13, 2011 1:44am
guys sincerely what do you think about last daily candle bottom 5783 n straight up into 59 area?
is this thing going fast to take the 6150 or do we sxpect a move to re-test that 5820-5850 area?
90% of traders use TA, indicators and prediction
  • #284,085
  • Jul 13, 2011 1:48am Jul 13, 2011 1:48am
Quoting _BBKing_
guys sincerely what do you think about last daily candle bottom 5783 n straight up into 59 area?
is this thing going fast to take the 6150 or do we sxpect a move to re-test that 5820-5850 area?
I have a feeling that we will see move up but feelings are something you can't trust
  • #284,086
  • Jul 13, 2011 1:52am Jul 13, 2011 1:52am
Quoting GoldMan.
I have a feeling that we will see move up but feelings are something you can't trust
same here!
market is confused n im confused too
5910-30 was buy area since few time ago (friday)
now?
back test is more obviuos so... short!
but, pick a short after this kind of move from 5800? mmmm!
so.... i wait a bit
90% of traders use TA, indicators and prediction
  • #284,087
  • Jul 13, 2011 1:53am Jul 13, 2011 1:53am
Quoting _BBKing_
guys sincerely what do you think about last daily candle bottom 5783 n straight up into 59 area?
is this thing going fast to take the 6150 or do we sxpect a move to re-test that 5820-5850 area?
King.. for me what is going to happen is what that has happen on 31st may and 14th jun if u can recall it.... all out of the sudden.... they going to change a direction without a warning...... thats why I really hate this is happen today.... got to wait for a comformation...
  • #284,088
  • Jul 13, 2011 1:57am Jul 13, 2011 1:57am
i did not resist.... i took a small short on that move. tight SL very small loss as i really doubt of this market condition
lets see..
90% of traders use TA, indicators and prediction
  • #284,089
  • Jul 13, 2011 1:58am Jul 13, 2011 1:58am
Quoting mrforexlee
Short @ 5938

it's gonna go south (cause it seem struggle to break the resistance) and incoming UK session too.
I would hold off on shorting at this very moment.....that is unless your scalping for a few pips.. why not wait until some confirmation?....

If not then keep a tight stop about 10-15 pips from high in case a breakout which will kill your position.


Im bull biased by the way.
Gmail: 4xmiracle
  • #284,090
  • Jul 13, 2011 2:01am Jul 13, 2011 2:01am
h1 closed above all previous 16 candles
imho now 5930 must show buyers.
lets see
90% of traders use TA, indicators and prediction
  • #284,091
  • Jul 13, 2011 2:04am Jul 13, 2011 2:04am
Quoting _BBKing_
h1 closed above all previous 16 candles
imho now 5930 must show buyers.
lets see
meanwhile i closed my small short with a +3 n reversed with a small long SL 5929
letssee if it gives me
90% of traders use TA, indicators and prediction
  • #284,092
  • Jul 13, 2011 2:04am Jul 13, 2011 2:04am
1.5961 should be the bull trigger if price hits.....
Gmail: 4xmiracle
  • #284,093
  • Jul 13, 2011 2:05am Jul 13, 2011 2:05am
yeah... I really want to see short is happenin.... that is I doubt it will happen.... not to enter.. but to make sure.... let see if the market maker r stupid enough to go for a short....
  • #284,094
  • Jul 13, 2011 2:08am Jul 13, 2011 2:08am
5961 is 61,8% fibo yesterday's move
90% of traders use TA, indicators and prediction
  • #284,095
  • Jul 13, 2011 2:11am Jul 13, 2011 2:11am
5975-80 is ema 200 in h1
90% of traders use TA, indicators and prediction
  • #284,096
  • Jul 13, 2011 2:12am Jul 13, 2011 2:12am
Quoting Johnny Depp
King.. for me what is going to happen is what that has happen on 31st may and 14th jun if u can recall it.... all out of the sudden.... they going to change a direction without a warning...... thats why I really hate this is happen today.... got to wait for a comformation...
uhm you could be right!
lets see
90% of traders use TA, indicators and prediction
  • #284,097
  • Jul 13, 2011 2:15am Jul 13, 2011 2:15am
6000 is sma200 in h1
eated the 5961 price will get 5975 or 6000
lets see
90% of traders use TA, indicators and prediction
  • #284,098
  • Jul 13, 2011 2:19am Jul 13, 2011 2:19am
ok i took out of my long
now a coffee please
90% of traders use TA, indicators and prediction
  • #284,099
  • Jul 13, 2011 2:19am Jul 13, 2011 2:19am
Quoting _BBKing_
6000 is sma200 in h1
eated the 5961 price will get 5975 or 6000
lets see

what do you mean?
Gmail: 4xmiracle
  • #284,100
  • Jul 13, 2011 2:23am Jul 13, 2011 2:23am
Quoting 4xMiracle
what do you mean?
its mean we only going to take what ever that going North....savy..
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