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Cable Update (GBPUSD)

  • #289,741
  • Sep 28, 2011 11:24am Sep 28, 2011 11:24am
lolz
my first trade in gbp aud +100 pips!
big ass of luck
90% of traders use TA, indicators and prediction
  • #289,742
  • Sep 28, 2011 11:27am Sep 28, 2011 11:27am
Quoting _BBKing_
lolz
my first trade in gbp aud +100 pips!
big ass of luck
Trader from Croatia
  • #289,743
  • Sep 28, 2011 11:33am Sep 28, 2011 11:33am

dont tell nobody !

i didnt post the setup as i was not sure
i noticed price stable into that demand area (at least where i suppose it is)
went long after that nice h1 candle SL 5750 TG 5900

small lot but profit is profit
Attached Image (click to enlarge)
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90% of traders use TA, indicators and prediction
  • #289,744
  • Sep 28, 2011 11:34am Sep 28, 2011 11:34am
Quoting Geene
hiihih
90% of traders use TA, indicators and prediction
  • #289,745
  • Sep 28, 2011 11:35am Sep 28, 2011 11:35am
Quote
small lot but profit is profit
As always..

My score: 1,9 %
Trader from Croatia
  • #289,746
  • Sep 28, 2011 11:44am Sep 28, 2011 11:44am
15 hours straight..that's enough.

Still..there's good setup on EURCAD..
Trader from Croatia
  • #289,747
  • Sep 28, 2011 11:44am Sep 28, 2011 11:44am
Quoting Geene
As always..

My score: 1,9 %
good!
anyway i missed the move on GU
now waitin a setup for short near 5623
90% of traders use TA, indicators and prediction
  • #289,748
  • Sep 28, 2011 11:47am Sep 28, 2011 11:47am
Quoting _BBKing_
good!
anyway i missed the move on GU
now waitin a setup for short near 5623
It's possible..but be careful...
Trader from Croatia
  • #289,749
  • Sep 28, 2011 12:05pm Sep 28, 2011 12:05pm
Quoting Geene
It's possible..but be careful...
better i wait im a bit confused on this pattern.
there is something i am missing! thats for sure
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 115 KB
90% of traders use TA, indicators and prediction
  • #289,750
  • Sep 28, 2011 12:20pm Sep 28, 2011 12:20pm
30 min Cable broke out the bottom of the chanel but could be a false break. Looking to take a long near the bottom with a tight stop just below the low, as this would need to make a higher low
Attached Image (click to enlarge)
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  • #289,751
  • Sep 28, 2011 12:29pm Sep 28, 2011 12:29pm
Quoting _BBKing_
better i wait im a bit confused on this pattern.
there is something i am missing! thats for sure
take a look at 1hr tf where the demand zone is I think there is every chance we may test those levels ,also if you bring up 5min tf you will notice the price if reacting to the recently breached demand level by tht big red candle ,former demand level on 5min tf now acting as supply area for short term swing
  • #289,752
  • Sep 28, 2011 12:33pm Sep 28, 2011 12:33pm
as I have known in the past that recently breached demand level can act as a resistance and create in its own rights supply zone for short swings or price fall continuation
  • #289,753
  • Sep 28, 2011 12:35pm Sep 28, 2011 12:35pm
Quoting Spacetec
as I have known in the past that recently breached demand level can act as a resistance and create in its own rights supply zone for short swings or price fall continuation
uhm
ok matter is i dont expect so much down move.
could be wrong!
im tired better i take a rest and come back tomorrow after asia session.

interesting level appears to be near 5540 n 5500
time will tell
90% of traders use TA, indicators and prediction
  • #289,754
  • Sep 28, 2011 12:44pm Sep 28, 2011 12:44pm
gbpusd
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 4hr n 15 min tf.gif Size: 48 KB
  • #289,755
  • Sep 28, 2011 12:55pm Sep 28, 2011 12:55pm
much better view of current price
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 4hr n 15 min tf.gif Size: 57 KB
  • #289,756
  • Sep 28, 2011 6:15pm Sep 28, 2011 6:15pm
Quoting MonsterPips
closed long positions, now short to 1.5510
added a short position.
this is the first time i attach a chart.
Attached Image (click to enlarge)
Click to Enlarge Name: h1.JPG Size: 35 KB
  • #289,757
  • Sep 28, 2011 8:13pm Sep 28, 2011 8:13pm
Quoting MonsterPips
added a short position.
this is the first time i attach a chart.
Be careful, GU can go very high.... I wait him at 1.6.... IMHO
  • #289,758
  • Sep 28, 2011 9:03pm Sep 28, 2011 9:03pm
Down-down-and-wodn-oops-down
  • #289,759
  • Sep 29, 2011 12:09am Sep 29, 2011 12:09am
I'm starting shorting. now..
Attached Image (click to enlarge)
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  • #289,760
  • Edited 12:27am Sep 29, 2011 12:15am | Edited 12:27am
Quoting bbakker
Cheers Nav! I have bookmarked the page as it is always nice to see the real big picture.

For others too -

Here is my short I took around 4:08 today (Note the time is around 4pm!) with comments. As Flatfish stated, time is an important factor when you trade on a daily basis

Attachment
Here is the follow up to the above post -

Set my order last night... I just woke up to find it nicely in profit

Let's see what London does with it. I will be scaling out and putting it to BE.

Frankie fake down, London up? The h1 chart still looks bullish to me!

Attached Image (click to enlarge)
Click to Enlarge Name: 110929_GU_h1.png Size: 40 KB


Excuse the messy chart as I didn't have time to clean it up!

EDIT: To remain bullish it needs to take out Tuesday's and yesterday's high. Nothing wrong with shorts here!
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