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Cable Update (GBPUSD)

  • #299,141
  • Jan 25, 2012 5:37am Jan 25, 2012 5:37am
Going to try a short scalp around upper trend line. With a small stop, if it gets hit will be out till after FOMC.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 94 KB
  • #299,142
  • Jan 25, 2012 5:41am Jan 25, 2012 5:41am
Quoting jayjb
I shorted gbpcad and gu. One moment i was up 50pips each and next the price rebounded like wtf..
hello
yes gbp is a lovely crazy currency!
i was short but took profits before data, then long, then short, then long actually holding for some pips!

in this area 5640max and 5490max, GU could stay in ranging for some days IMO, so better stay calm and take fast swings up and/or down!
90% of traders use TA, indicators and prediction
  • #299,143
  • Jan 25, 2012 5:44am Jan 25, 2012 5:44am
He he, "Terminator" lives up to its name. Kicked in the nuts for 20 pips after being in profit 54 pips.
Come with me if you want to live....
  • #299,144
  • Jan 25, 2012 5:48am Jan 25, 2012 5:48am
Quoting jayjb
I shorted gbpcad and gu. One moment i was up 50pips each and next the price rebounded like wtf..
Yes, off the 1hr 200EMA or 100SMA I believe
Come with me if you want to live....
  • #299,145
  • Jan 25, 2012 6:30am Jan 25, 2012 6:30am
Not quite as high as I wanted, but pretty stress free scalp.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 96 KB
  • #299,146
  • Jan 25, 2012 7:28am Jan 25, 2012 7:28am
Quoting fontu
5532 not broken , ok but tp1 takes there & now next short at top to see for tp2 5443 ( over it )
similarly eu bo now , next tp1 2952 level & ok tp2 2816 ( over it ) . will watch closely at times .all yesterday correction targets .
fontu
Little late posting , as eu approached 2928 & gu 5541 close short & waiting it some bounce before reenter , gu 5574+ ,81 or up to see and eu 2964 if or up 85 or 97 .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #299,147
  • Jan 25, 2012 7:32am Jan 25, 2012 7:32am
test...
long at 1.5565
SL 1.5526
will close manually depend on price movement
Attached Image (click to enlarge)
Click to Enlarge Name: 5526.jpg Size: 173 KB
  • #299,148
  • Jan 25, 2012 7:40am Jan 25, 2012 7:40am
Think market likely to stay in the triangle until the the Bernake bomb.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 96 KB
  • #299,149
  • Jan 25, 2012 7:46am Jan 25, 2012 7:46am
Its still pretty tough to decipher where this cable might be headed.. but i'll bet its back up.. i'll bet 30pips on that
  • #299,150
  • Jan 25, 2012 7:55am Jan 25, 2012 7:55am
Quoting abdul_halim
test...
long at 1.5565
SL 1.5526
will close manually depend on price movement
already set BE+1..
Attached Image (click to enlarge)
Click to Enlarge Name: be.jpg Size: 175 KB
  • #299,151
  • Jan 25, 2012 8:08am Jan 25, 2012 8:08am
Quoting abdul_halim
already set BE+1..
same entry here (had not balls to get near 5540 this morning)
i have larger stop loss and tgt but depending on lot size also.
this is a small position so i will be worried about if i see below 5450!
lets see
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 24 KB
90% of traders use TA, indicators and prediction
  • #299,152
  • Jan 25, 2012 8:28am Jan 25, 2012 8:28am
90% of traders use TA, indicators and prediction
  • #299,153
  • Jan 25, 2012 8:30am Jan 25, 2012 8:30am
is it way up cleaned now?
mmm
wht do you think guys?

will NY move up n test upper 5640-60 supply just ahead of fomc=?
90% of traders use TA, indicators and prediction
  • #299,154
  • Jan 25, 2012 8:32am Jan 25, 2012 8:32am
Quoting fontu
Little late posting , as eu approached 2928 & gu 5541 close short & waiting it some bounce before reenter , gu 5574+ ,81 or up to see and eu 2964 if or up 85 or 97 .
fontu
jumped enough & with strength but short taken again to see . eu may up more but this levels ok also .scalping to watch & hold if below bo .eu , gold done already , waiting gu do again & hold below 5532.
fontu ,
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #299,155
  • Jan 25, 2012 8:32am Jan 25, 2012 8:32am
Quoting Mr.C
Half closed for 60 pips.
B/e with the rest.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #299,156
  • Jan 25, 2012 8:33am Jan 25, 2012 8:33am
ok
i ed out for +30

there are a lot of h1 candle until day ends....
90% of traders use TA, indicators and prediction
  • #299,157
  • Jan 25, 2012 8:35am Jan 25, 2012 8:35am
Quoting fontu
jumped enough & with strength but short taken again to see . eu may up more but this levels ok also .scalping to watch .
fontu ,

hello fontu
i think next data housing market could move something in EU.
lets see

im scalping some here n there maybe till tomorrow!
90% of traders use TA, indicators and prediction
  • #299,158
  • Jan 25, 2012 8:36am Jan 25, 2012 8:36am
long,target 5665
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.png Size: 24 KB
Click to Enlarge Name: gu4h.png Size: 25 KB
Money is made by sitting, not trading. Jesse L. Livermore
  • #299,159
  • Jan 25, 2012 8:36am Jan 25, 2012 8:36am
Quoting fontu
jumped enough & with strength but short taken again to see . eu may up more but this levels ok also .scalping to watch & hold if below bo .eu , gold done already , waiting gu do again & hold .
fontu ,
1.5600..... short added ...tp 1.5500
  • #299,160
  • Jan 25, 2012 8:41am Jan 25, 2012 8:41am
Quoting _BBKing_
hello fontu
i think next data housing market could move something in EU.
lets see

im scalping some here n there maybe till tomorrow!
may be , not looking news few days , price at such levels that just news can't change a lot , only next market intention /great economy to show & react as per . anyway bull still have the power to jump whenever it gets a support than jump down yet in fear or panic .
thanks ,' fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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