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Cable Update (GBPUSD)

  • #284,661
  • Jul 20, 2011 7:07am Jul 20, 2011 7:07am
Quoting Pandamonium
shorting cable

reason: daily pivot
I did some pips with this trade but the news stoped me on trailing.

I opening short again now.

Reasons: strong resistance, and a H1 pin bar around 61,8 of downtrend fibo...

Only 20 pips SL.
TP: 1.6001
I'm indeed a talking panda. How are you?
  • #284,662
  • Jul 20, 2011 7:08am Jul 20, 2011 7:08am
I'm in with Long to gather just a few pips (like 30)
  • #284,663
  • Jul 20, 2011 7:16am Jul 20, 2011 7:16am
Quoting LondonTrader
It seems that market dosen`t react to that news, hm...

If it dont short then am out, cuz am skeptical about long for now. my Charts are currently in red for sell. But I still need a major confirmation. Already made enough pips earlier. So I might just call it abreak for the day.
Keep the Lights on then you can catch the rise from the dark.
  • #284,664
  • Jul 20, 2011 7:32am Jul 20, 2011 7:32am
Dear Mates

I learn from this website, thanks for sharing, it help indeed.
please keep posting , GBPUSD heading to higher side. watting to short it.
  • #284,665
  • Jul 20, 2011 7:44am Jul 20, 2011 7:44am
If the supply zone holds now then am in for short. Otherwise am out for the Day.
Keep the Lights on then you can catch the rise from the dark.
  • #284,666
  • Jul 20, 2011 7:54am Jul 20, 2011 7:54am
I just short GBP/USD, reason double top in M15 TF @1.6146.
hope for a 25 pips in first hour of NY session.

Have a good Trading Guys.
  • #284,667
  • Jul 20, 2011 8:00am Jul 20, 2011 8:00am
Supply Zone holds so I short for 6080 Sl @ 6160
Keep the Lights on then you can catch the rise from the dark.
  • #284,668
  • Jul 20, 2011 8:28am Jul 20, 2011 8:28am
im short GU 1.6129 SL 1.6196 TP 1.5995...
hopefully my plan will workout as planed..amin
  • #284,669
  • Jul 20, 2011 8:32am Jul 20, 2011 8:32am
progress ok , slow as this pair is most shaky last few months but time to change now perhaps . waiting for 6170 & breaks 74 to take more involvement in this pair.

qqe h1 now in favour, H4 already & daily posing at 50 cross.
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 11 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #284,670
  • Jul 20, 2011 8:33am Jul 20, 2011 8:33am
Quoting ricmaj
Supply Zone holds so I short for 6080 Sl @ 6160

already sell at 1.6140 tp 1.6090
Rome was not built in a day, but I will do in a day if it was me.
  • #284,671
  • Jul 20, 2011 8:49am Jul 20, 2011 8:49am
i want to buy this damn....
bought 1/3 position 6120 sl 10pips
90% of traders use TA, indicators and prediction
  • #284,672
  • Jul 20, 2011 8:52am Jul 20, 2011 8:52am
Quoting _BBKing_
i want to buy this damn....
bought 1/3 position 6120 sl 10pips
out @be
90% of traders use TA, indicators and prediction
  • #284,673
  • Edited 9:47am Jul 20, 2011 8:57am | Edited 9:47am
what thought , usdx hit 200ma h4 & bouncing rightly before any failure as expecting , come true & shaky eu & gu rt now,news should be around the corner.

true news eur consumer confidence negation while most impact existing home sales US also negative & so nothing specially do what doing before , no wind to shake more .
fontu

crude oil inventories positive for US & so ranging possible again and as no such important news next may not that effect or long time & hence previous action may continue . waiting
Attached Image (click to enlarge)
Click to Enlarge Name: eu4.gif Size: 13 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #284,674
  • Jul 20, 2011 9:05am Jul 20, 2011 9:05am
Final test for supply zone if it holds again, then Short win till 6060, am out my shorts at 23pips . Waiting for final set up.
Keep the Lights on then you can catch the rise from the dark.
  • #284,675
  • Jul 20, 2011 9:05am Jul 20, 2011 9:05am
I've added one more lot to my buy position ...
  • #284,676
  • Jul 20, 2011 9:06am Jul 20, 2011 9:06am
reloaded higher 6127
90% of traders use TA, indicators and prediction
  • #284,677
  • Jul 20, 2011 9:17am Jul 20, 2011 9:17am
Quoting eychenz
I've added one more lot to my buy position ...

Buying can commence at 6117 otherwise GU looks down cuz Sellers Zone still intact. Just my opinion anyway. Tight Sl as usual
Keep the Lights on then you can catch the rise from the dark.
  • #284,678
  • Jul 20, 2011 9:46am Jul 20, 2011 9:46am
just scaled in [email protected]. ST 1.6163 TP 1.6083.
  • #284,679
  • Jul 20, 2011 9:54am Jul 20, 2011 9:54am
2 days of fast boost 400pips
now 5 days of choppy up n down.

can we have a trend?
or is it too expensive question?
90% of traders use TA, indicators and prediction
  • #284,680
  • Jul 20, 2011 10:23am Jul 20, 2011 10:23am
Quoting _BBKing_
2 days of fast boost 400pips
now 5 days of choppy up n down.

can we have a trend?
or is it too expensive question?
Sure BB king ,finding a trend in gu is real difficult or if any trend actually .
monthly irregular correction of some old unseen & unknow , no trend.weekly a big beat set up sitting for long time and as more correction was in expectation so just expectation remains a bull trend in the bear & so break top for the sake of prediction only , nothing concrete , easily can bear contiue from level it already reached.
daily also the same as weekly & monthly . so no conclusion possible in gu.

Now just just expecting a breakout upside if can reach 1.6717 retest utl as lower tf trend still up .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 21 KB
Click to Enlarge Name: eu3.gif Size: 17 KB
Click to Enlarge Name: eu4.gif Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
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