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Cable Update (GBPUSD)

  • #293,121
  • Nov 24, 2011 2:58am Nov 24, 2011 2:58am
4hr below shows the previous minor daily/previous 4hr swing hi at yesterday's lo (previous resistance = potential rbs)

Uk data 30mins ish away.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 54 KB
ex member
  • #293,122
  • Nov 24, 2011 2:59am Nov 24, 2011 2:59am
long at 1.55383
be patient, self-belief and discipline... stay focus...
  • #293,123
  • Nov 24, 2011 3:00am Nov 24, 2011 3:00am
Quoting radit27
do u agree guys?....im try to spot low price first then long
haha my request long is done now
be patient, self-belief and discipline... stay focus...
  • #293,124
  • Edited 3:14am Nov 24, 2011 3:05am | Edited 3:14am
Quoting radit27
long at 1.55383
TP at 1.56091 and SL 50pips down...dont follow me because im mad trading but smart follower
be patient, self-belief and discipline... stay focus...
  • #293,125
  • Nov 24, 2011 3:06am Nov 24, 2011 3:06am
you saw the 1hr pinbar close ?

G/L

Quoting radit27
TP at 1.56091 and ST 50pips down...dont follow me because im mad trading but smart follower
ex member
  • #293,126
  • Nov 24, 2011 3:08am Nov 24, 2011 3:08am
Quoting bbmac
you saw the 1hr pinbar close ?

G/L
no im in 30min and 4 hrs timeframe
be patient, self-belief and discipline... stay focus...
  • #293,127
  • Nov 24, 2011 3:11am Nov 24, 2011 3:11am
anyone long?...what your TP mine like 60 ++ pips
be patient, self-belief and discipline... stay focus...
  • #293,128
  • Nov 24, 2011 3:15am Nov 24, 2011 3:15am
I entered 3 times, once off the 1min regular bullish div play right at bottom. 2nd entry at point 5 which was an intermediate exp tri-pt 5 and 3rd entry on close of the 1hr pinbar.

all flat now.

G/L



Quoting radit27
anyone long?...what your TP mine like 60 ++ pips
Attached Image (click to enlarge)
Click to Enlarge Name: 1min inter exp tri.jpg Size: 61 KB
ex member
  • #293,129
  • Nov 24, 2011 3:15am Nov 24, 2011 3:15am
so quite here...
be patient, self-belief and discipline... stay focus...
  • #293,130
  • Nov 24, 2011 3:18am Nov 24, 2011 3:18am
Quoting bbmac
I entered 3 times, once off the 1min regular bullish div play right at bottom. 2nd entry at point 5 which was an intermediate exp tri-pt 5 and 3rd entry on close of the 1hr pinbar.

all flat now.

G/L
gud
be patient, self-belief and discipline... stay focus...
  • #293,131
  • Nov 24, 2011 3:27am Nov 24, 2011 3:27am
hehee, prolly their stuffing their Turkeys

Quoting radit27
so quite here...
  • #293,132
  • Nov 24, 2011 3:33am Nov 24, 2011 3:33am
no revision to Uk Q3 GDP - on 2nd estimate stays at +0.5%...downside move re the UKprelim business investment data q/q coming in bad ?..testing 50% of the last move up now,

G/L
ex member
  • #293,133
  • Nov 24, 2011 3:42am Nov 24, 2011 3:42am
stay long guys will flying rokect
be patient, self-belief and discipline... stay focus...
  • #293,134
  • Nov 24, 2011 3:47am Nov 24, 2011 3:47am
watch this carefully ...
Inserted Video
not euphoria follower
  • #293,135
  • Nov 24, 2011 3:49am Nov 24, 2011 3:49am
Quoting TauTrader
Good day,

Will enter long here on this last dip.

Regards
Good day to you,

Closed all longs gotten into during yesterdays drop lower - last buy was done @ 1.5499. One of the 6 positions I had to close for -21 pips. Others ended in profit for approx. 140 pips nett. in total.

I am of opinion that we are busy forming a bottom. Not saying the last low IS the bottom - but we are in process. Could take a couple of days to sort itself out.

Regards to you all
Attached Image (click to enlarge)
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  • #293,136
  • Nov 24, 2011 3:49am Nov 24, 2011 3:49am
Nice post data pullback to 50% of last move up at the previous 5min swing hi zone (prev res)..a 1min hidden div play there as 4th chance to get long again.

Price challenging that prev 1hr swing lo zone again (previous support)...lots of fibs / 4hr fibs and potential resistance/sbr factors overhead.

How strong are the bulls now ??

Outa here.


G/L
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 0935 1min reentry 2.jpg Size: 103 KB
Click to Enlarge Name: z.jpg Size: 77 KB
Attached Image
ex member
  • #293,137
  • Nov 24, 2011 3:53am Nov 24, 2011 3:53am
Bear channel , reversal pattern formed , 5610~ possible resistance .
Attached Image (click to enlarge)
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  • #293,138
  • Nov 24, 2011 4:22am Nov 24, 2011 4:22am
some strong lid @ 1.5560 capping recovery attempts

short term crowd saturating the long side right now

Also Dexia back in the spot light putting extra pressure on the aformentioned level (just in time?)

Will wait & see
Hear the music before the song is over ...
  • #293,139
  • Nov 24, 2011 4:33am Nov 24, 2011 4:33am
Quoting radit27
anyone long?...what your TP mine like 60 ++ pips
hit my TS hmm but still have profit..
be patient, self-belief and discipline... stay focus...
  • #293,140
  • Nov 24, 2011 4:54am Nov 24, 2011 4:54am
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