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Cable Update (GBPUSD)

  • #291,741
  • Nov 2, 2011 4:01pm Nov 2, 2011 4:01pm
Quoting Ill-b-back
Yes, then through to next support at 38.2?
Thanks for pointing out that. There's a confluence of fibs there. Must mean something. I'm no fibonacci expert but with this pair fibs can not be ignored.
Gone to a better place
  • #291,742
  • Nov 2, 2011 6:09pm Nov 2, 2011 6:09pm
Quoting redsword11
Attachment


out most


Attached Image (click to enlarge)
Click to Enlarge Name: c.gif Size: 20 KB
  • #291,743
  • Nov 2, 2011 6:24pm Nov 2, 2011 6:24pm
Quoting redsword11
Attachment


out all @ 1.59070
  • #291,744
  • Nov 2, 2011 10:07pm Nov 2, 2011 10:07pm
What you all think of the news impact today?
  • #291,745
  • Nov 2, 2011 10:28pm Nov 2, 2011 10:28pm
any one short be careful here we may see a bounce from here, if broke 5820
then target will be 1.5660 and 1.5420 same as before,
short from 1.6050 as i mentioned before, still on it.
these are medium term trades, i will update you when i will reach my target or will stoped out at break even 1.6040 +10 for the negative interest
2 positions open one fore 1.5660 and another for 1.5420.
Good Luck Guys..
Don't compare your Trades with Others
  • #291,746
  • Nov 2, 2011 11:15pm Nov 2, 2011 11:15pm
Quoting smikester
I'm holding similar positions to you. It's a good chart and we can see how the trend line was retested. Not sure how far down this will go. The break of 1.59 is key and I suppose we have to wait until Friday to see if that is on the cards. Agree?

yes i agree!
yesterday the damn euro kicked me out with that move up to 3800. my entry 38007 SL 37997. maybe my last trade in euro till next year.

about GU sincerely i closed my short here!
its 200 pips for my trading style its a huge profit!!!!

lets see what happens today possible a recover as already dubaifx point out.

what bears need is a clear breaking down into 58 area. if happens will get short at neckline. no hurry
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  • #291,747
  • Nov 2, 2011 11:25pm Nov 2, 2011 11:25pm
Quoting dremstar
What you all think of the news impact today?
services PMI is a very important data for gbp.
dont try to predict! let market move.
until london's noon we will see fireworks today!
90% of traders use TA, indicators and prediction
  • #291,748
  • Nov 2, 2011 11:28pm Nov 2, 2011 11:28pm
Quoting redsword11
out all @ 1.59070
hello
i really like your trading!
i find very helpful, thanks for sharing !
looking at your charts i discover how many things i still have to learn!!
90% of traders use TA, indicators and prediction
  • #291,749
  • Nov 3, 2011 12:00am Nov 3, 2011 12:00am
Morning , what doing gu these days ! more or less same perhaps eu , waiting break 5849 breaks & pullback to enter here next as more may get here also & still to follow eu .
watching .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd30.gif Size: 9 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #291,750
  • Nov 3, 2011 12:50am Nov 3, 2011 12:50am
i scalp something to 5920 and 5940.
if get 5920 i trigger trailing stop

small lot.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 36 KB
90% of traders use TA, indicators and prediction
  • #291,751
  • Nov 3, 2011 1:26am Nov 3, 2011 1:26am
Quoting _BBKing_
i scalp something to 5920 and 5940.
if get 5920 i trigger trailing stop

small lot.
I think 5849 is important to test & break before go correction up as doing already eu /expecting there correction up with breaks 3713 & so 3680 or so may up .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #291,752
  • Nov 3, 2011 1:41am Nov 3, 2011 1:41am
Quoting fontu
I think 5849 is important to test & break before go correction up as doing already eu /expecting there correction up with breaks 3713 & so 3680 or so may up .
fontu
uhm.. indeed not going so good.
actually down some pips.
will cut soon if no signs of recover
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  • #291,753
  • Nov 3, 2011 1:44am Nov 3, 2011 1:44am
i need to wait this h1 to close.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 39 KB
90% of traders use TA, indicators and prediction
  • #291,754
  • Nov 3, 2011 1:49am Nov 3, 2011 1:49am
where can we trade USD CNY?
i have not in fxpro.
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  • #291,755
  • Nov 3, 2011 1:54am Nov 3, 2011 1:54am
Quoting _BBKing_
uhm.. indeed not going so good.
actually down some pips.
will cut soon if no signs of recover
ok , as every pair not work in the same way , still you have the correction chance to 5970 before 5849 breaks , may be good swing next will try .eu then may range upside till it mature to go together .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd31.gif Size: 10 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #291,756
  • Nov 3, 2011 1:55am Nov 3, 2011 1:55am
Quoting _BBKing_
where can we trade USD CNY?
i have not in fxpro.
ok i have hkd n sgd
but cny should appears since government let it free some months ago..
90% of traders use TA, indicators and prediction
  • #291,757
  • Nov 3, 2011 2:00am Nov 3, 2011 2:00am
Quoting fontu
ok , as every pair not work in the same way , still you have the correction chance to 5970 before 5849 breaks , may be good swing next will try .eu then may range upside till it mature to go together .
fontu
yes thats exactly what i mean!
due to large possibility to visit 58 area i get soft position so i can cut it every where i want to.


about EU greece is going for a referendum. i dont think people will agree it.
italy should do the same!
doest it make sense to keep alive this ECB's monster?!?!
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  • #291,758
  • Nov 3, 2011 2:14am Nov 3, 2011 2:14am
Quoting _BBKing_
yes thats exactly what i mean!
due to large possibility to visit 58 area i get soft position so i can cut it every where i want to.


about EU greece is going for a referendum. i dont think people will agree it.
italy should do the same!
doest it make sense to keep alive this ECB's monster?!?!
yes, some changes to eu wave , one more leg down to complete before correction now .
People may not allow this slavery at the cost of lots many thins perhaps , islands etc & it be remain in eurozone or not eur likely remain, why it afraid if down enough , usd doing for more than 11 years now . must to learn tolerate a more to survive .

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #291,759
  • Nov 3, 2011 2:23am Nov 3, 2011 2:23am
Quoting fontu
yes, some changes to eu wave , one more leg down to complete before correction now .
fontu
i was giving a look at a strong zoom out on EU daily chart...
if doesnt chage direction soon, things are going to setup very far from here
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Click to Enlarge Name: eu.jpg Size: 195 KB
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  • #291,760
  • Nov 3, 2011 2:28am Nov 3, 2011 2:28am
ok i cut that damn long.
lost 30€.
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