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Cable Update (GBPUSD)

  • #288,041
  • Sep 1, 2011 10:26am Sep 1, 2011 10:26am
gosh
finally went in 61 area...

i didnt get the opportunity to short it, my bad!
scalped a long @6136 to 6160

tomorrow is NFP
next week i won't trade coz i will be a lot busy and impossible trading without spending time to see charts.

wish you all best luck!
90% of traders use TA, indicators and prediction
  • #288,042
  • Sep 1, 2011 10:31am Sep 1, 2011 10:31am
Quoting _BBKing_
gosh
finally went in 61 area...

i didnt get the opportunity to short it, my bad!
scalped a long @6136 to 6160

tomorrow is NFP
next week i won't trade coz i will be a lot busy and impossible trading without spending time to see charts.

wish you all best luck!

touched 1.6130 support as i mentioned earlier several times just to remmber folks that not to go short from ther inless confimend in 1H chart..
as i said before pro's buy at support
nice pick bro

you may wanna hold till 6200
it seems 6200 very likely to me..
good luck
Don't compare your Trades with Others
  • #288,043
  • Sep 1, 2011 10:32am Sep 1, 2011 10:32am
Im in trouble..

I bought GBP/USD on 30th @ 1.6374

What to do... no clue!!
Sometimes your best investments are the ones you don't make.
  • #288,044
  • Sep 1, 2011 10:43am Sep 1, 2011 10:43am
Quoting wasisalman
Im in trouble..

I bought GBP/USD on 30th @ 1.6374

What to do... no clue!!
How large is your account balance and how many lots did you buy
  • #288,045
  • Sep 1, 2011 10:46am Sep 1, 2011 10:46am
Quoting wasisalman
Im in trouble..

I bought GBP/USD on 30th @ 1.6374

What to do... no clue!!
i will let you know if it will retrace to higher value. but for now, i have no idea.
  • #288,046
  • Sep 1, 2011 10:46am Sep 1, 2011 10:46am
Quoting Yuchen
How large is your account balance and how many lots did you buy
before that trade it was 4k now its 3k at the start of august it was around 1500usd.
Sometimes your best investments are the ones you don't make.
  • #288,047
  • Sep 1, 2011 10:53am Sep 1, 2011 10:53am
Next points at 1.6120 and 1.6060. Maybe short on this level
  • #288,048
  • Sep 1, 2011 10:54am Sep 1, 2011 10:54am
Quoting wasisalman
before that trade it was 4k now its 3k at the start of august it was around 1500usd.
Oups, bye bye your 1500usd, maybe tomorrow
  • #288,049
  • Sep 1, 2011 10:57am Sep 1, 2011 10:57am
Quoting wasisalman
before that trade it was 4k now its 3k at the start of august it was around 1500usd.

what lot size are u in?

so long as usd doesnt break this trendline u should be ok
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.gif Size: 39 KB
  • #288,050
  • Sep 1, 2011 10:59am Sep 1, 2011 10:59am
hi bagX

why bye bye to usd 1500 ?
Quoting bagXpert
Oups, bye bye your 1500usd, maybe tomorrow
not euphoria follower
  • #288,051
  • Sep 1, 2011 11:01am Sep 1, 2011 11:01am
Quoting DubaiFX
touched 1.6130 support as i mentioned earlier several times just to remmber folks that not to go short from ther inless confimend in 1H chart..
as i said before pro's buy at support
nice pick bro

you may wanna hold till 6200
it seems 6200 very likely to me..
good luck
Hi Younas,
Very impressed with your professional approach. Would you care to share your trade assessment tools.
Regards
  • #288,052
  • Sep 1, 2011 11:01am Sep 1, 2011 11:01am
I think it is still in the bearish mode, it will be shaking a bit but still bearish, but who knows the future..?? ..

But I have enough trade, Tired already.. Sometimes we do need to keep the most important tools in our Trading..! That is " Our Body".. if we get sick or hospitalized what to do then..


Salam
  • #288,053
  • Sep 1, 2011 11:09am Sep 1, 2011 11:09am
Quoting DubaiFX
touched 1.6130 support as i mentioned earlier several times just to remmber folks that not to go short from ther inless confimend in 1H chart..
as i said before pro's buy at support
nice pick bro

you may wanna hold till 6200
it seems 6200 very likely to me..
good luck
nope...
i closed! only a lucky shot!
reasons below
i leave now.. bybye n good luck
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 43 KB
90% of traders use TA, indicators and prediction
  • #288,054
  • Sep 1, 2011 11:10am Sep 1, 2011 11:10am
Quoting nAVIN2007
what lot size are u in?

so long as usd doesnt break this trendline u should be ok
lot size is 50k

how about a stop loss at 1.6090 ?
Sometimes your best investments are the ones you don't make.
  • #288,055
  • Sep 1, 2011 11:13am Sep 1, 2011 11:13am
Quoting wasisalman
lot size is 50k

how about a stop loss at 1.6090 ?
You can place your stop before, maybe around 1.6110 because under 1.6120 it is 1.6060, it is sure.
  • #288,056
  • Sep 1, 2011 11:15am Sep 1, 2011 11:15am
Quoting shaan
Hi Younas,
Very impressed with your professional approach. Would you care to share your trade assessment tools.
Regards
Thank You Shaan,
its nothing magical here just PA
some fundamentals and few technicals with one and only MACD indicator i use
nothing special here bro
but oh yes one thing EXPERIANCE,
that is what it is ,
we loose when we make mistakes, but after years those mistakes are called EXPERIANCE..
that is what i have special Mistakes bro, i learned form my mistakes,
and avoid them next time,
and wise man once said..
"" it is not a mistake to do a mistake, But it is a mistake to repeat a mistake"""

Choose.Wisely
Don't compare your Trades with Others
  • #288,057
  • Sep 1, 2011 11:15am Sep 1, 2011 11:15am
Quoting wasisalman
lot size is 50k

how about a stop loss at 1.6090 ?

50k is like 0.5 mini lot?? someone tell me

if u lose 100 pips money wise what yah lose?

it is possible this is the bottom 1.64 we should see again..but i cannot be sure, we need a bullish dailly close
1.62 close above otherwise no chance in hell
  • #288,058
  • Sep 1, 2011 11:32am Sep 1, 2011 11:32am
Flight Attendant On Position
( may be )
Attached Image
not euphoria follower
  • #288,059
  • Sep 1, 2011 11:35am Sep 1, 2011 11:35am
Quoting iqyu5an
Flight Attendant On Position
( may be )
Waouh, I love your post! The flight, the free...
  • #288,060
  • Sep 1, 2011 11:38am Sep 1, 2011 11:38am
but need solid candle close above 6235 for sure
Quoting bagXpert
Waouh, I love your post! The flight, the free...
not euphoria follower
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