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Cable Update (GBPUSD)

  • #292,021
  • Nov 8, 2011 3:05am Nov 8, 2011 3:05am
what u think bro ? possible go to 61 ?
Quoting _BBKing_
morning bro
so you think still more probable a move into 61 again?
not euphoria follower
  • #292,022
  • Nov 8, 2011 3:08am Nov 8, 2011 3:08am
Quoting zz_zhang
Long on B/O, tight stops TP - open

good luck

SL @ BE, gotta go out. trade safe fellos
trade safe
  • #292,023
  • Nov 8, 2011 3:12am Nov 8, 2011 3:12am
Got some longs triggered here. TP1 1.6097, but we have the news in 20 mins.
Gone to a better place
  • #292,024
  • Nov 8, 2011 3:15am Nov 8, 2011 3:15am
Quoting iqyu5an
what u think bro ? possible go to 61 ?
now that this 6060 has been eaten is more probable to see 61 and 62.
personally actually i closed my positions (last long closed near 6070) and waiting for data to come in 15 minutes.

could be a mistake and missing good pips, but my plan is to wait now a clear direction. if goes up will anyway re test this area. same if goes down imo.

so, no hurry here!
90% of traders use TA, indicators and prediction
  • #292,025
  • Nov 8, 2011 3:19am Nov 8, 2011 3:19am
Quoting smikester
Got some longs triggered here. TP1 1.6097, but we have the news in 20 mins.

heads up
Attached Image (click to enlarge)
Click to Enlarge Name: newsa.jpg Size: 7 KB
trade safe
  • #292,026
  • Nov 8, 2011 3:19am Nov 8, 2011 3:19am
Quoting _BBKing_
now that this 6060 has been eaten is more probable to see 61 and 62.
personally actually i closed my positions (last long closed near 6070) and waiting for data to come in 15 minutes.

could be a mistake and missing good pips, but my plan is to wait now a clear direction. if goes up will anyway re test this area. same if goes down imo.

so, no hurry here!
not euphoria follower
  • #292,027
  • Nov 8, 2011 3:41am Nov 8, 2011 3:41am
Quoting iqyu5an


i am using black magic indi to trade that chart hehehee



blind man would love this chart
  • #292,028
  • Nov 8, 2011 3:42am Nov 8, 2011 3:42am
Quoting PoundTrader
im in a scary short, i went short at 1.5081, s/l 1.6100, t/p 1.5997
? which pair ?
90% of traders use TA, indicators and prediction
  • #292,029
  • Nov 8, 2011 3:42am Nov 8, 2011 3:42am
Quoting PoundTrader
im in a scary short, i went short at 1.5081, s/l 1.6100, t/p 1.5997

if it doesnt break up i will be surprised..monthly suggest 1.63 minimum
  • #292,030
  • Nov 8, 2011 3:43am Nov 8, 2011 3:43am
Quoting _BBKing_
? which pair ?
gbp/usd am i in the right thread?
  • #292,031
  • Nov 8, 2011 3:44am Nov 8, 2011 3:44am
Morning, Guys.

I'll start my trading week today.

Josef
  • #292,032
  • Nov 8, 2011 3:45am Nov 8, 2011 3:45am
Quoting _BBKing_
? which pair ?
oh i see, my bad, im short 1.6081 not 1.5081, s/l 1.6100, t/p 1.5997
  • #292,033
  • Nov 8, 2011 3:48am Nov 8, 2011 3:48am
Quoting PoundTrader
oh i see, my bad, im short 1.6081 not 1.5081, s/l 1.6100, t/p 1.5997
lol
ok
typo!

90% of traders use TA, indicators and prediction
  • #292,034
  • Nov 8, 2011 3:51am Nov 8, 2011 3:51am
Quoting _BBKing_
lol
ok
typo!

there was just a small sign of a short with my trading system this is why i say im in a scary trade, the break haven't happen yet so no clear signs either way.
  • #292,035
  • Nov 8, 2011 3:53am Nov 8, 2011 3:53am
Quoting PoundTrader
oh i see, my bad, im short 1.6081 not 1.5081, s/l 1.6100, t/p 1.5997
change stop loss to 1.6095.
  • #292,036
  • Nov 8, 2011 3:58am Nov 8, 2011 3:58am
Quoting PoundTrader
there was just a small sign of a short with my trading system this is why i say im in a scary trade, the break haven't happen yet so no clear signs either way.

this is true..

couple of charts for yah buddy
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Attached Image
  • #292,037
  • Nov 8, 2011 3:59am Nov 8, 2011 3:59am
Quoting PoundTrader
there was just a small sign of a short with my trading system this is why i say im in a scary trade, the break haven't happen yet so no clear signs either way.
yes must not forget that until a resistance is there better respect it!
possible good trade imo
90% of traders use TA, indicators and prediction
  • #292,038
  • Nov 8, 2011 4:04am Nov 8, 2011 4:04am
Quoting nAVIN2007
this is true..

couple of charts for yah buddy
navin since when you know me to use a chart, heck i haven't seen one in years, thanks for reminding me charts still exit
  • #292,039
  • Nov 8, 2011 4:05am Nov 8, 2011 4:05am
Quoting Zerix
I don't quiet recall those.. What does a diamond pattern represent?

a diamond represents caution above all else because there is no clear defined momentum either way. But from a price structure point of view, its difficult to hold any position, buy or sell for any period of time or profit. Why diamonds occur near reversals is that the market wants to take out all buyers and sellers and then resolve quickly and the shape of the diamond does that. Its a trend traders nightmare and a scalpers or range traders ideal situation


Attached Image (click to enlarge)
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sold, hourly supply zone


Attached Image (click to enlarge)
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...... other sells
  • #292,040
  • Nov 8, 2011 4:08am Nov 8, 2011 4:08am
look like we gonna have a slow week untill thursday bank rate, i wont be trading much. il get'em next week. never over trade, good luck im done for the week.
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