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Cable Update (GBPUSD)

  • #286,821
  • Aug 18, 2011 3:36pm Aug 18, 2011 3:36pm
Quoting _BBKing_
yes sure!
that's the main reason why i hope to see price above 6600 soon
i thought to see it today breaking up.
lets see if it does tomorrow, so next week 65 area good for buy again
u have to remember market needs to suck people in

this is why im thinking 1.72

dont tell any1
  • #286,822
  • Aug 18, 2011 3:38pm Aug 18, 2011 3:38pm
Quoting _BBKing_
m5 is very near to be ready for more n more up
when ema will cross price will follow them.

or better... it usually do.
actually already crossed in 1m n 3m charts.

lets see
update...
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90% of traders use TA, indicators and prediction
  • #286,823
  • Aug 18, 2011 3:42pm Aug 18, 2011 3:42pm
Quoting nAVIN2007
u have to remember market needs to suck people in

this is why im thinking 1.72

dont tell any1
gulp!
well... actually im happy with that.
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90% of traders use TA, indicators and prediction
  • #286,824
  • Aug 18, 2011 3:54pm Aug 18, 2011 3:54pm
Quoting nAVIN2007
that doji in a daily chart would boost my buying confidence even further.
  • #286,825
  • Aug 18, 2011 3:56pm Aug 18, 2011 3:56pm
Quoting _BBKing_
gulp!
well... actually im happy with that.
anyway was better to hold bit more those 2 positions.
i moved too quickly stops @BEp

another lesson today!
im thinkin to close soon my 6453 and get again later.
lets see where start new day
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90% of traders use TA, indicators and prediction
  • #286,826
  • Aug 18, 2011 4:06pm Aug 18, 2011 4:06pm
what was that strong move 1 minute ago?! 6530-6510 3 times in 10 seconds...
gosh
90% of traders use TA, indicators and prediction
  • #286,827
  • Aug 18, 2011 4:18pm Aug 18, 2011 4:18pm
closed manually two position : 80 + 50 ish = 130 pip

long since top of the gap

rgds
Quoting iqyu5an
Top of the gap...where we are right now.........:

http://www.forexfactory.com/attachme...2&d=1313504266
not euphoria follower
  • #286,828
  • Aug 18, 2011 4:34pm Aug 18, 2011 4:34pm
Quoting iqyu5an
closed manually two position : 80 + 50 ish = 130 pip

long since top of the gap

rgds
bro,
today you did a mountain of pips!!
well done!!
happy 4ya
90% of traders use TA, indicators and prediction
  • #286,829
  • Aug 18, 2011 4:37pm Aug 18, 2011 4:37pm
tq brother king..

Quoting _BBKing_
bro,
today you did a mountain of pips!!
well done!!
happy 4ya
not euphoria follower
  • #286,830
  • Aug 18, 2011 4:39pm Aug 18, 2011 4:39pm
is this time for trend reversal?
"sharing knowledge make us more rich"
  • #286,831
  • Aug 18, 2011 5:20pm Aug 18, 2011 5:20pm
Quoting rullyforex
is this time for trend reversal?
good question.
as usually a good question is hard to be answered.

sincerely, as you can see on my previous posts im still long.
im watchin closely at charts right by now to understand if it is going to breake this h4 momentum to get power into 63's

hard to predict!
90% of traders use TA, indicators and prediction
  • #286,832
  • Aug 18, 2011 6:16pm Aug 18, 2011 6:16pm
Quoting nAVIN2007
u have to remember market needs to suck people in

this is why im thinking 1.72

dont tell any1

Indeed, but why don't you think that they won't be sucking in the buyers? :S
  • #286,833
  • Aug 18, 2011 6:27pm Aug 18, 2011 6:27pm
Scalp: Went short 1.6518

I will add more if it breaks 1.6472
  • #286,834
  • Aug 18, 2011 6:58pm Aug 18, 2011 6:58pm
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90% of traders use TA, indicators and prediction
  • #286,835
  • Aug 18, 2011 7:54pm Aug 18, 2011 7:54pm
Closed for +40.

Entered Long now. @1.6483
  • #286,836
  • Edited 10:54pm Aug 18, 2011 8:10pm | Edited 10:54pm
Quoting _BBKing_
hello,
sorry can you please share which line you mean?
i would say to be careful by shortin this thing is going up...
I closed with 30 pips but still very interested to short it again @ 1.6450.

Those who are looking for 1.66 please stop day dreaming lol.

Long on GBP ? you think i am Weed ? you think i am Crazy ?

How can i buy pound with the current problems in UK ? i.e protests, Banks cutting jobs, Drop in Manufacturing, and at the very same time USD is at it lowest levels you think usd will never rise ? how can someone ignore such things. come on wake up buddy!

Pound has not even single reason to go on 1.66xx and the current strength and price levels 1.64/65 is only because of the weak dollar! as soon as dollar gets strength pound will drop back to 1.59.

Cable has no where to go except back to 1.60xx.

those who are long on pound be careful.

that's just me, i can be WRONG, But I Got my Reasons

Happy Trading.
  • #286,837
  • Aug 18, 2011 9:47pm Aug 18, 2011 9:47pm
Quoting hamad9
Trade what you see, not what you expect
Bro,

Look at the charts, cant you see its an up trend?

and yet you are expecting it to go down.

You should follow your own advise
  • #286,838
  • Aug 18, 2011 9:52pm Aug 18, 2011 9:52pm
pretty obvious uptrend.. GBP just loves to retrace to fibo supports before inching up again..

i would think GBP is the only major currency that is still stable, with USD n EUR in tatters.. JPY n CHF massively overvalued.. AUD too volatile..
  • #286,839
  • Aug 18, 2011 10:03pm Aug 18, 2011 10:03pm
Seem like the 1hr is ready to move up.... looking for 1.6600 level
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  • #286,840
  • Edited 10:48pm Aug 18, 2011 10:30pm | Edited 10:48pm
Quoting delorean
Bro,

Look at the charts, cant you see its an up trend?

and yet you are expecting it to go down.

You should follow your own advise
People cant understand something and they tell you, you can't understand it. i ignore them completely

yesterday same thing happened when i shorted @ 1.6585 everyone was saying oh its long it will go on 1.66 becareful and blah blah and i made 150 pips from my yesterday's short! Here > http://www.forexfactory.com/showthre...05#post4878605

when i told people yesterday euus will go down no one believed me and were targeting 1.47 people just blah blah take a look at my yesterdays eu us trade Here > http://www.forexfactory.com/showthre...51#post4878551

i am not expecting it to go down, it has to go down because that is its actual direction not UP !! why it has to go down i explained in my earlier post.

i already have my shorts in place i am sure you should also have your longs in place right ?

moreover, time will finalize the results and i wish you best of luck with your longs and btw, yes my SL is @ 1.66 in case if my analysis gets wrong.

its very easy to criticize, but trading in real markets is very hard so people do easy things and they run away from hard ones.

Cya soon
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