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Cable Update (GBPUSD)

  • #291,081
  • Oct 24, 2011 6:41am Oct 24, 2011 6:41am
Quoting iqyu5an
there is always bull and bear
I am both. [It pays better]
  • #291,082
  • Oct 24, 2011 6:42am Oct 24, 2011 6:42am
me too ... i was tired in bull last week

Quoting Luther
I am both.
not euphoria follower
  • #291,083
  • Oct 24, 2011 6:43am Oct 24, 2011 6:43am
Quoting iqyu5an
me too ... i was tired in bull last week
  • #291,084
  • Oct 24, 2011 6:44am Oct 24, 2011 6:44am
only looking for 588x - 584x then flat

Reason I close my long : here

Reason I am short : here
Quoting Luther
not euphoria follower
  • #291,085
  • Oct 24, 2011 7:05am Oct 24, 2011 7:05am
Quoting iqyu5an
only looking for 588x - 584x then flat

Reason I close my long : here

Reason I am short : here
I see.. I'm not alone eh..
  • #291,086
  • Oct 24, 2011 7:09am Oct 24, 2011 7:09am
Quoting iqyu5an
only looking for 588x - 584x then flat

Reason I close my long : here

Reason I am short : here
Another thing if you consider, looking at aussie and kiwi or perhaps most of the usd pair, seems like USD will get some kind of support/perhaps already at the U-turn level. Something's happening in the background I guess..
  • #291,087
  • Oct 24, 2011 7:12am Oct 24, 2011 7:12am
Quoting josef
Buy at 1.5920, don't think that cable will go down to 1.5880.

Regards,

Josef
Trade is closed with +30 pips profit! Got my clear and nice price move.

Regards,

Josef
  • #291,088
  • Oct 24, 2011 7:26am Oct 24, 2011 7:26am
Eurozone optimism is likely to push this pair towards the daily 200ema at 61.8 retrace and could do this quite quickly as we broke out of and closed above last weeks cluster towards the end of Fridays session. Everything was bullish on Fridays close. Looking for 150 pips or so.
Come with me if you want to live....
  • #291,089
  • Oct 24, 2011 7:31am Oct 24, 2011 7:31am
Quoting josef
Trade is closed with +30 pips profit! Got my clear and nice price move.

Regards,

Josef
Nice Trading Josef.

FLAT and waiting for NY to open for the next move. USD is in the middle of the Monthly Support Zone.
Attached Image (click to enlarge)
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  • #291,090
  • Oct 24, 2011 7:39am Oct 24, 2011 7:39am
Quoting Ill-b-back
Eurozone optimism is likely to push this pair towards the daily 200ema at 61.8 retrace and could do this quite quickly as we broke out of and closed above last weeks cluster towards the end of Fridays session. Everything was bullish on Fridays close. Looking for 150 pips or so.
what is the price level at 61.8/200ema? is it more than 1.4?
  • #291,091
  • Oct 24, 2011 7:42am Oct 24, 2011 7:42am
Quoting _BBKing_
hello
interesting!
my TL was higher coz the beginning of it is the top @5688
anyway got short 5990 already closed half and stop @be.
i let it run for a while

im still thinkin on a move to re test 5860!
could be wrong, lets see
hi. got 80 pips so far. I hope they retest the level. greetings
  • #291,092
  • Oct 24, 2011 8:22am Oct 24, 2011 8:22am
Quoting Luther
Nice Trading Josef.

FLAT and waiting for NY to open for the next move. USD is in the middle of the Monthly Support Zone.
Thanks
  • #291,093
  • Oct 24, 2011 10:18am Oct 24, 2011 10:18am
Back in for a long. If price fails to take the previous high then I will close.

Here is a [simple] Daily Chart. FE 100%/ Fibo 61.8% next if we can keep the momentum going.
Attached Image (click to enlarge)
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  • #291,094
  • Oct 24, 2011 10:48am Oct 24, 2011 10:48am
Quoting Luther
Back in for a long. If price fails to take the previous high then I will close.

Here is a [simple] Daily Chart. FE 100%/ Fibo 61.8% next if we can keep the momentum going.
Putting [half my position] 28pips in my pocket here. Move stop to BE + 5. Now this is a free trade.
  • #291,095
  • Oct 24, 2011 11:47am Oct 24, 2011 11:47am
So some crazy running the market today , anyway though strikingly threat to the previous top but still not broken , is the hope that the crazy may fail great if now .same eu also .shorted both with sl above previous top to see .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd28.gif Size: 9 KB
Click to Enlarge Name: usd29.gif Size: 10 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #291,096
  • Oct 24, 2011 11:47am Oct 24, 2011 11:47am
Quoting Luther
Putting [half my position] 28pips in my pocket here. Move stop to BE + 5. Now this is a free trade.
Taking the rest of my profit here. Another 25pips. It's very quiet. A good start to the week thus far.

Finished for the day.
  • #291,097
  • Oct 24, 2011 1:24pm Oct 24, 2011 1:24pm
1.4????
It's 1.6135. 61.8 retrace is 1.6104, taking long profits at 1.5990.
Quoting A-speculator
what is the price level at 61.8/200ema? is it more than 1.4?
Come with me if you want to live....
  • #291,098
  • Oct 24, 2011 2:24pm Oct 24, 2011 2:24pm
Quoting Rom-pom-pom
hi. got 80 pips so far. I hope they retest the level. greetings
yes nice move. i closed shorts near 5920 n 30.

my bad didn't get long.. was too busy to look at charts!
tomorrow new day
90% of traders use TA, indicators and prediction
  • #291,099
  • Oct 24, 2011 2:27pm Oct 24, 2011 2:27pm
hello all
im reloading short near 6000

i dont feel it like today morning so i did it bit smaller.

lets see if gives me 15-20 pips to move stops @be n try to target something on lower intraday area...
90% of traders use TA, indicators and prediction
  • #291,100
  • Oct 24, 2011 2:36pm Oct 24, 2011 2:36pm
imo.... EU price is completely wrong guys.
what is the reason to see such a price of euro against usd?

the only thing is a weak dollar.

in actual european economic situation, correct price for EU should be 1.2 max.
below parity against chf and below 100 against JPY.
just my idea...
90% of traders use TA, indicators and prediction
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