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Cable Update (GBPUSD)

  • #285,581
  • Aug 3, 2011 4:41am Aug 3, 2011 4:41am
.
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not euphoria follower
  • #285,582
  • Aug 3, 2011 6:09am Aug 3, 2011 6:09am
Quoting _BBKing_
what i see in h1 is 2 important things:
still no candle closing below 6260.
possible back test of that bear flag.

i was thinking about a try to 65's but i targeted while writing @63990

i could be wrong, but i still see in daily a required move into 61..
what do you think guys?

you are right. With Another Resistance at 6405 I wonder If price can fall from there. Already have a short on it. i see how it goes. Meanwhile have my Monthly Term trading targeting 6100 area.
Keep the Lights on then you can catch the rise from the dark.
  • #285,583
  • Aug 3, 2011 6:30am Aug 3, 2011 6:30am
hi bbking pls pm me.
  • #285,584
  • Aug 3, 2011 7:14am Aug 3, 2011 7:14am
Wonder why am Short. Channel ends up empty. No PA. I see if it plays for a lasting short.
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Keep the Lights on then you can catch the rise from the dark.
  • #285,585
  • Aug 3, 2011 7:21am Aug 3, 2011 7:21am
Quoting ricmaj
Wonder why am Short. Channel ends up empty. No PA. I see if it plays for a lasting short.
Look after your short. This is going up towards 1.65 this afternoon after NFP news.
  • #285,586
  • Aug 3, 2011 7:33am Aug 3, 2011 7:33am
Quoting ricmaj
Wonder why am Short. Channel ends up empty. No PA. I see if it plays for a lasting short.

interesting!
at least to go more up needs to close out of it!

thanks for sharing
90% of traders use TA, indicators and prediction
  • #285,587
  • Aug 3, 2011 7:39am Aug 3, 2011 7:39am
Quoting FXConveyor
Look after your short. This is going up towards 1.65 this afternoon after NFP news.
and how do u know this..?
wow..u are brillant..plz share yur edge
  • #285,588
  • Aug 3, 2011 8:42am Aug 3, 2011 8:42am
Hi Navin,

Great to see You!


Peter
Jesus Christ is my only Lord !
  • #285,589
  • Aug 3, 2011 8:43am Aug 3, 2011 8:43am
Quoting nAVIN2007
and how do u know this..?
wow..u are brillant..plz share yur edge
only an opinion. happy to be wrong.
  • #285,590
  • Aug 3, 2011 8:45am Aug 3, 2011 8:45am
Quoting FXConveyor
Look after your short. This is going up towards 1.65 this afternoon after NFP news.

Just came back from break. Now Looking Downward I see 6316.
Upwards 6405. Chart wise we cant get to 65XX today. Anyway lets see how it plays. If my chart goes against me then my SL triggers otherwise more +pips
Keep the Lights on then you can catch the rise from the dark.
  • #285,591
  • Aug 3, 2011 8:47am Aug 3, 2011 8:47am
Quoting hipcio
Hi Navin,

Great to see You!


Peter
happy to see u too bro!!..hope yur well bro and doing well in this market!

Quoting FXConveyor
only an opinion. happy to be wrong.
its the way u wrote it..didnt seem like u had any uncertainity
plz try remember ..people in here will react to what u wrote and potentially blow accounts..so say " if short need to becarefull, this mofo might go up to 1.65" ..reads a lot different

have a good one
  • #285,592
  • Aug 3, 2011 8:47am Aug 3, 2011 8:47am
Quoting ricmaj
Just came back from break. Now Looking Downward I see 6316.
Upwards 6405. Chart wise we cant get to 65XX today. Anyway lets see how it plays. If my chart goes against me then my SL triggers otherwise more +pips

we playing ping pong
  • #285,593
  • Aug 3, 2011 8:49am Aug 3, 2011 8:49am
some nice +pips loading anoda long from the top channel earlier posted.
Keep the Lights on then you can catch the rise from the dark.
  • #285,594
  • Aug 3, 2011 8:51am Aug 3, 2011 8:51am
Quoting nAVIN2007
happy to see u too bro!!..hope yur well bro and doing well in this market!

Yes, Thank You,

Hope You too !!!

Peter
Jesus Christ is my only Lord !
  • #285,595
  • Aug 3, 2011 9:00am Aug 3, 2011 9:00am
Quoting hipcio
Yes, Thank You,

Hope You too !!!

Peter

finding the market very tough ..swing trading aint quite so smooth brother!
  • #285,596
  • Aug 3, 2011 9:02am Aug 3, 2011 9:02am
Quoting nAVIN2007
finding the market very tough ..swing trading aint quite so smooth brother!
Yes,...

Just dropped here to see how cable is doing because I am sitting on gbp/aud long now


Best,
Peter
Jesus Christ is my only Lord !
  • #285,597
  • Aug 3, 2011 9:12am Aug 3, 2011 9:12am
Quoting nAVIN2007
plz try remember ..people in here will react to what u wrote and potentially blow accounts..so say " if short need to becarefull, this mofo might go up to 1.65" ..reads a lot different

have a good one
I like this words
  • #285,598
  • Aug 3, 2011 9:24am Aug 3, 2011 9:24am
Quoting nAVIN2007
happy to see u too bro!!..hope yur well bro and doing well in this market!



its the way u wrote it..didnt seem like u had any uncertainity
plz try remember ..people in here will react to what u wrote and potentially blow accounts..so say " if short need to becarefull, this mofo might go up to 1.65" ..reads a lot different

have a good one
Point taken.
  • #285,599
  • Aug 3, 2011 9:36am Aug 3, 2011 9:36am
If this blue channel continues to hold, there is a possibility that it price goes down to previous support @6250-60 or even down to last month support @6150. We will see...

What do you guys think?

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  • #285,600
  • Aug 3, 2011 9:37am Aug 3, 2011 9:37am
i went short with cable @ 1.635845 earlier during the upspring whilst it was met with resistance in dire hope of cable doing a correction but cable went up 30 pips, anywhoo 5 more pips to go and i'll be in business. looking to reach day's open @ 1.6280 open.

if not, i'll just let this baby run for a week and see what happens.
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