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Cable Update (GBPUSD)

  • #287,061
  • Aug 22, 2011 4:57pm Aug 22, 2011 4:57pm
Here's what I did today:

9AM - Went short until about 10:30AM - gain of +20 pips.

4PM - Went short until about 5:15PM - gain of +10 pips.

I'm done for the day.
  • #287,062
  • Aug 23, 2011 12:47am Aug 23, 2011 12:47am
Very hard to get excited about cable either way today. Looking to sell at 1.6550 on appropriate signal. Expecting more ranging and a tightening of the bands before any breakout and will keep stop above last weeks high 1.64 target.
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  • #287,063
  • Aug 23, 2011 1:54am Aug 23, 2011 1:54am
.
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  • #287,064
  • Aug 23, 2011 2:02am Aug 23, 2011 2:02am
Quoting nAVIN2007
.
yes bro!
finding GU today morning still in 65 area, i think will have hard work to go down and im very happy to have closed short near 6455.

today's calendar could say something.... later is Weale speaking!
90% of traders use TA, indicators and prediction
  • #287,065
  • Aug 23, 2011 2:12am Aug 23, 2011 2:12am
i won't trade this early london session....

will come back during ny openings!

good luck you all
90% of traders use TA, indicators and prediction
  • #287,066
  • Aug 23, 2011 2:12am Aug 23, 2011 2:12am
Quoting _BBKing_
yes bro!
finding GU today morning still in 65 area, i think will have hard work to go down and im very happy to have closed short near 6455.

today's calendar could say something.... later is Weale speaking!
same here, was happy to get out of short..i dont trust it..
we have good support where that suspect head n shoulder type thingy bob is
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  • #287,067
  • Aug 23, 2011 2:56am Aug 23, 2011 2:56am
this thread is dead..whats up folks apart from cable
  • #287,068
  • Aug 23, 2011 3:08am Aug 23, 2011 3:08am
Quoting Flatfish
Very hard to get excited about cable either way today. Looking to sell at 1.6550 on appropriate signal. Expecting more ranging and a tightening of the bands before any breakout and will keep stop above last weeks high 1.64 target.
Thread not dead not much going on. Shorted this at 1.6552 stop to BE when possible- trade looks risky at the moment. We see how it goes.
  • #287,069
  • Aug 23, 2011 3:11am Aug 23, 2011 3:11am
supposed everyone's waiting to see where the BBA Loans data brings us before entering
  • #287,070
  • Aug 23, 2011 3:25am Aug 23, 2011 3:25am
am busy recovery dude.......

----------------------------

but... recovered already right now plus profit long since 6485 and close at 6554 .

Flat right now in bullish market



Quoting nAVIN2007
this thread is dead..whats up folks apart from cable
not euphoria follower
  • #287,071
  • Aug 23, 2011 3:34am Aug 23, 2011 3:34am
Quoting iqyu5an
am busy recovery dude.......

----------------------------

but... recovered already right now plus profit long since 6485 and close at 6554 .

Flat right now in bullish market

  • #287,072
  • Aug 23, 2011 3:38am Aug 23, 2011 3:38am
Possible H&S 15 min
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  • #287,073
  • Aug 23, 2011 3:56am Aug 23, 2011 3:56am
Attached Image


Closed Long now looking to short the Head and Shoulder Formation. Will look for entry candle on lower time frame.
May the forex be with you |
  • #287,074
  • Aug 23, 2011 5:20am Aug 23, 2011 5:20am
im back right now on charts..
had to do some things out. here is +38° actually and increasing.
i feel very better in my 'underground office'
90% of traders use TA, indicators and prediction
  • #287,075
  • Aug 23, 2011 5:22am Aug 23, 2011 5:22am
Quoting FXFundi
Attachment

Closed Long now looking to short the Head and Shoulder Formation. Will look for entry candle on lower time frame.
hello
i agree on the possible pattern formation.
but on daily we have a reversed HS

so... be careful
90% of traders use TA, indicators and prediction
  • #287,076
  • Aug 23, 2011 5:25am Aug 23, 2011 5:25am
Quoting _BBKing_
hello
i agree on the possible pattern formation.
but on daily we have a reversed HS

so... be careful
you mean going up to 1.66xx again?
"sharing knowledge make us more rich"
  • #287,077
  • Aug 23, 2011 5:32am Aug 23, 2011 5:32am
Quoting _BBKing_
hello
i agree on the possible pattern formation.
but on daily we have a reversed HS

so... be careful
Thanx for pointing that out!
May the forex be with you |
  • #287,078
  • Aug 23, 2011 5:35am Aug 23, 2011 5:35am
possible channel building up

requires to wait actual candle closing in 140 minutes!

lets see.....

patience is the key in these market conditions where price goes up n down searching a definitive direction.

im still in favour of longs until a daily brakes strong below 6400

anyway a good swing down can happen
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90% of traders use TA, indicators and prediction
  • #287,079
  • Aug 23, 2011 5:41am Aug 23, 2011 5:41am
updated
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90% of traders use TA, indicators and prediction
  • #287,080
  • Aug 23, 2011 5:41am Aug 23, 2011 5:41am
Quoting Flatfish
Shorted this at 1.6552 stop to BE when possible- trade looks risky at the moment. We see how it goes.
Stop now at BE. I'm still using top of 4hr bollingers as a sell entry 4hr close above band would close me out of the trade normally.
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