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Cable Update (GBPUSD)

  • #287,981
  • Sep 1, 2011 7:53am Sep 1, 2011 7:53am
Hi,
From my analysis shows that the price will be stopped at the level of 6200
Momentum power decreased. If the economic data does not harm.
We can think about a long position
  • #287,982
  • Sep 1, 2011 7:54am Sep 1, 2011 7:54am
Quoting _BBKing_
instictive buy @6206....
Do you mind sharing your target and stops?
  • #287,983
  • Sep 1, 2011 7:56am Sep 1, 2011 7:56am
'veni vidi vici' ?!
Attached Image
90% of traders use TA, indicators and prediction
  • #287,984
  • Sep 1, 2011 7:57am Sep 1, 2011 7:57am
I think we have reached

Attached Image (click to enlarge)
Click to Enlarge Name: bearbottom.jpg Size: 21 KB


Hope I'm correct.
May the forex be with you |
  • #287,985
  • Sep 1, 2011 7:58am Sep 1, 2011 7:58am
Quoting delorean
Do you mind sharing your target and stops?
actually SL 6188 TGT 6290

thinking on 6260 manual closing if goes......
SL @BE next h1 candle
90% of traders use TA, indicators and prediction
  • #287,986
  • Sep 1, 2011 7:58am Sep 1, 2011 7:58am

we're in 19.1 of blue fibo.
we need solid candle to close above 61.8 of red fibo for bull...
i see little dark cloud around 624x-625x and 627x ( light blue line on prev post )



Quoting _BBKing_
yes!
im searching a possible entry short...
won't go straight up or straight down.

only fast trades in my plan today.
if i get more than 30-40 pips i close n get profits wherever it goes

PA is confused
not euphoria follower
  • #287,987
  • Sep 1, 2011 8:00am Sep 1, 2011 8:00am
just so you know

got near bottom on both GBPCHF and EURCHF for time being
smaller charts so i bought then both for 40-50 pips target
over sold on both on 30min 1h chart lets see how much it will retrace,
or maybe not but i got plenty of pips on shorting eurchf and GBPCHf
so i am going to tisk 50 pips to see what happens next
my analysis tells me its time to retrace,
usd chf also oversold

Good Luck to me..

Well i am not trading GU right now its messy no clear direction..
Don't compare your Trades with Others
  • #287,988
  • Sep 1, 2011 8:01am Sep 1, 2011 8:01am
You can see that previous 1hr swing lo/weekly S1/Daily S1/50% 5779-6617 here:

Some support still there

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 52 KB
ex member
  • #287,989
  • Sep 1, 2011 8:06am Sep 1, 2011 8:06am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 38 KB
90% of traders use TA, indicators and prediction
  • #287,990
  • Sep 1, 2011 8:08am Sep 1, 2011 8:08am
sorry....
this explains better how much riscky is my trade!

safer entry if breakes up and consolidate green upper line
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 37 KB
90% of traders use TA, indicators and prediction
  • #287,991
  • Sep 1, 2011 8:09am Sep 1, 2011 8:09am
Quoting DubaiFX
just so you know

got near bottom on both GBPCHF and EURCHF for time being
smaller charts so i bought then both for 40-50 pips target
over sold on both on 30min 1h chart lets see how much it will retrace,
or maybe not but i got plenty of pips on shorting eurchf and GBPCHf
so i am going to tisk 50 pips to see what happens next
my analysis tells me its time to retrace,
usd chf also oversold

Good Luck to me..

Well i am not trading GU right now its messy no clear direction..
opening just now GC charts...
would like to notice something good.
lets see
90% of traders use TA, indicators and prediction
  • #287,992
  • Sep 1, 2011 8:12am Sep 1, 2011 8:12am
or 6240 in 3 minutes or i close manualy my long
look m15 candle.....
90% of traders use TA, indicators and prediction
  • #287,993
  • Sep 1, 2011 8:13am Sep 1, 2011 8:13am
.
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.gif Size: 21 KB
not euphoria follower
  • #287,994
  • Sep 1, 2011 8:14am Sep 1, 2011 8:14am
Quoting _BBKing_
actually SL 6188 TGT 6290

thinking on 6260 manual closing if goes......
SL @BE next h1 candle
Thanks.

I have my TP @6250. Just to keep it safe

Edit: Maybe 6260 is not a bad place after all
  • #287,995
  • Sep 1, 2011 8:15am Sep 1, 2011 8:15am
out half +14 n stops @BE
90% of traders use TA, indicators and prediction
  • #287,996
  • Sep 1, 2011 8:18am Sep 1, 2011 8:18am
Quoting delorean
Thanks.

I have my TP @6250. Just to keep it safe

Edit: Maybe 6260 is not a bad place after all
must be careful
could also not cross the 6225-30
lets see
90% of traders use TA, indicators and prediction
  • #287,997
  • Sep 1, 2011 8:22am Sep 1, 2011 8:22am
in 8 minutes wall street will shake this thing!
90% of traders use TA, indicators and prediction
  • #287,998
  • Sep 1, 2011 8:26am Sep 1, 2011 8:26am
Quoting _BBKing_
must be careful
could also not cross the 6225-30
lets see
Yup. I think volume is still low. Maybe because everybody is waiting for someone to make a move. But until someone make a move we wont see any action.

This is boring.... everyone is being very careful... this week has been messed up. Cant seem to figure out this thing.
  • #287,999
  • Sep 1, 2011 8:30am Sep 1, 2011 8:30am
Quoting delorean
Yup. I think volume is still low. Maybe because everybody is waiting for everyone to make a move. But until someone make a move we wont see any action.

This is boring.... everyone is being very careful... this week has been messed up. Cant seem to figure out this thing.

problem is nobody wants to get caught..i think theres been a manipulation to keep stock market alive..the problem i seeing is USD falls stocks plumet

big problem for my longs
  • #288,000
  • Sep 1, 2011 8:33am Sep 1, 2011 8:33am
comments welcome on tl drawn..



i am staified with longs on close of h4 stops below 6150 ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 18 KB
Click to Enlarge Name: gbp 2.gif Size: 17 KB
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