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Cable Update (GBPUSD)

  • #287,541
  • Aug 30, 2011 3:59am Aug 30, 2011 3:59am
Quoting rullyforex
yes, i think going south 1.6260...many times to try up but cannot success I dont know...only god knows
I noticed sometimes you got your 'prediction' opposite from others. Also, some trendlines on charts that you posted are kinda 'not in the right place'.

Just trying to help, not critisize.
  • #287,542
  • Aug 30, 2011 4:07am Aug 30, 2011 4:07am
GbpUsd
Attached Image (click to enlarge)
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  • #287,543
  • Aug 30, 2011 4:09am Aug 30, 2011 4:09am
Quoting _BBKing_
looks like going into 6260-80 again imo.
IMHO, there is a small chance that can happen. But it can still happen.

But in a long run, it still remain long - for now.
  • #287,544
  • Aug 30, 2011 4:35am Aug 30, 2011 4:35am
Quoting delorean
IMHO, there is a small chance that can happen. But it can still happen.

But in a long run, it still remain long - for now.
And it just did...
  • #287,545
  • Aug 30, 2011 4:38am Aug 30, 2011 4:38am
strong downtrend has been confirm
  • #287,546
  • Aug 30, 2011 4:38am Aug 30, 2011 4:38am
what about this baby wanna test last week low first before next move. once we get new low...605x looks the next target. but only 2 cent and this is forex.

aniway just close 100 pips since 6386 and still have one short.

time will tell

Quoting iqyu5an
this is what i see .. finally.

blue : gap 5 aug
red : gap 29 aug
not euphoria follower
  • #287,547
  • Aug 30, 2011 4:38am Aug 30, 2011 4:38am
will GU going to around 1.6100 soon?
"sharing knowledge make us more rich"
  • #287,548
  • Aug 30, 2011 4:44am Aug 30, 2011 4:44am
Trade Setup for GBP USD

Long @ 1.6275, SL 1.6150, TP 1.63, 1.635x, 1.64x

Dollar has weaken more after the Bernanke's Speech on last friday and even NFP forecast is expected lower on upcoming friday.

Here is my chart

FA+TA
Attached Image (click to enlarge)
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  • #287,549
  • Aug 30, 2011 4:52am Aug 30, 2011 4:52am
Quoting rullyforex
will GU going to around 1.6100 soon?
yes by tommorow u.s. open
  • #287,550
  • Aug 30, 2011 4:54am Aug 30, 2011 4:54am
us stock indices are looking to be lower at opening bell due to small rebuilding from hurricane irene and key data to come this week. just some info for you
  • #287,551
  • Aug 30, 2011 4:59am Aug 30, 2011 4:59am
Quoting Flatfish
Good work all you shorters out there.

I stick to my favourite strategy of selling cable when it breaks above the 4hr bollie band with targets middle band, then onto the bottom band with support of lower band around the bottom of the channel I would expect a bounce from there. ( My longer term view still exists - short cable anytime over 1.65)
Still short. I was tempted to take profit when price touched trendline area, but my brain dead system says wait for price to tag bottom bollie band to close, so holding on (plus having s/l at +100 makes it easier)
Attached Image (click to enlarge)
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  • #287,552
  • Aug 30, 2011 5:00am Aug 30, 2011 5:00am
Quoting hamad9
Trade Setup for GBP USD

Long @ 1.6275, SL 1.6150, TP 1.63, 1.635x, 1.64x

Dollar has weaken more after the Bernanke's Speech on last friday and even NFP forecast is expected lower on upcoming friday.

Here is my chart

FA+TA
nice TL
thank you!
90% of traders use TA, indicators and prediction
  • #287,553
  • Aug 30, 2011 5:03am Aug 30, 2011 5:03am
I'm still looking entry for long @1.6303 seem too strong to be broken by the real body of candle stick... Waiting
  • #287,554
  • Aug 30, 2011 5:24am Aug 30, 2011 5:24am
Maaan..!! I closed my long too fast in euro chf.. that is absolutely an error, there is no reason to close too fast when everything is still showing bullish.. I can not focus any more, .. Malam takbiran in my place now..See U..
  • #287,555
  • Aug 30, 2011 5:26am Aug 30, 2011 5:26am
Thank u all that posted the end of month factor, so many variables in this game it is hard to keep track
Attached Image (click to enlarge)
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  • #287,556
  • Aug 30, 2011 5:34am Aug 30, 2011 5:34am
"end of month"
Quoting Hgslv
Thank u all that posted the end of month factor, so many variables in this game it is hard to keep track
Attachment
not euphoria follower
  • #287,557
  • Aug 30, 2011 5:38am Aug 30, 2011 5:38am
Its a long...
going up to the 6410.......

Attached Image (click to enlarge)
Click to Enlarge Name: GU-30m-736300811.png Size: 20 KB



Golden Goose Return This Month: na
  • #287,558
  • Aug 30, 2011 5:41am Aug 30, 2011 5:41am
Quoting sinchan
Maaan..!! I closed my long too fast in euro chf.. that is absolutely an error, there is no reason to close too fast when everything is still showing bullish.. I can not focus any more, .. Malam takbiran in my place now..See U..
"Mohon Maaf Lahir Batin...."

Happy Idul Fitri man...
Golden Goose Return This Month: na
  • #287,559
  • Aug 30, 2011 5:46am Aug 30, 2011 5:46am
Quoting sinchan
Be Patient bro.. No one started forex and they just get success instantly , they lost money, time, effort, frustration
When I first started I used to think it was impossible. Until a experienced trader explained that your using probability to calculate the result of an open nonlinear fractalised quadratic polynomial- of course its bloody hard he said but not impossible.
  • #287,560
  • Aug 30, 2011 5:52am Aug 30, 2011 5:52am
Quoting Flatfish
When I first started I used to think it was impossible. Until a experienced trader explained that your using probability to calculate the result of an open nonlinear fractalised quadratic polynomial- of course its bloody hard he said but not impossible.
you can make it as complicated or as simple as you wish!

newb traders (myself to an extent): pair goes up, pair goes down
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