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Cable Update (GBPUSD)

  • #314,181
  • May 22, 2012 2:29am May 22, 2012 2:29am
come on cable.. up up up.. and validate the daily hammer..
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  • #314,182
  • May 22, 2012 2:29am May 22, 2012 2:29am
Quoting Vilkas
Lets wait for the data and then we will see
I mean for now! its 30min chart bro
  • #314,183
  • May 22, 2012 2:34am May 22, 2012 2:34am
Quoting aarash
I mean for now! its 30min chart bro
Less then an hour to go
Loosening is not an option
  • #314,184
  • May 22, 2012 2:37am May 22, 2012 2:37am
Quoting aarash
seems she did!!
nope.....she couldnt.....
  • #314,185
  • May 22, 2012 2:41am May 22, 2012 2:41am
Quoting michiyo
nope.....she couldnt.....
i think we will see breakout because normally/most of the time a flat top triangle will break to the upside..
  • #314,186
  • May 22, 2012 2:44am May 22, 2012 2:44am
are we gonna see a breakout soon?
  • #314,187
  • May 22, 2012 2:44am May 22, 2012 2:44am
Quoting A-speculator
i think we will see breakout because normally/most of the time a flat top triangle will break to the upside..

makes sense as higher lows are made..nice observation
  • #314,188
  • May 22, 2012 2:47am May 22, 2012 2:47am
Quoting nAVIN2007
makes sense as higher lows are made..nice observation
i see you only reply to me when i'm in bullish mode only eh mate.. are we're not friends when i'm in bearish mode?

just joking mate..
  • #314,189
  • May 22, 2012 2:51am May 22, 2012 2:51am
Quoting michiyo
nope.....she couldnt.....
But it seems different!!
  • #314,190
  • May 22, 2012 2:52am May 22, 2012 2:52am
Quoting A-speculator
i see you only reply to me when i'm in bullish mode only eh mate.. are we're not friends when i'm in bearish mode?

just joking mate..
coz you are more logical when you are Bullish!!

Just kidding...
  • #314,191
  • May 22, 2012 2:54am May 22, 2012 2:54am
Quoting A-speculator
i see you only reply to me when i'm in bullish mode only eh mate.. are we're not friends when i'm in bearish mode?

just joking mate..
lol..its hard for me to be a bear..especially when i look at higher time frames and think bull..but i have to be honest..im losing faith in the bulls..

time will tell
  • #314,192
  • May 22, 2012 2:54am May 22, 2012 2:54am
Quoting aarash
coz you are more logical when you are Bullish!!

Just kidding...
  • #314,193
  • May 22, 2012 3:00am May 22, 2012 3:00am
Quoting nAVIN2007
lol..its hard for me to be a bear..especially when i look at higher time frames and think bull..but i have to be honest..im losing faith in the bulls..

time will tell
not necessarily mate.. market goes both ways.. to me, i try to get in as much move as possible in the 4H TF, so sometimes my position might be 2-3 days, sometime maybe just a day.. all that depend on how the 4h formation.

we don't know yet mate how strong are the bulls. if this week we manage to get to 6060, well, that's doesn't look good with the bears right?

the thing is, your position is way on top and already sustained a lot of DD so you should just close at BE (or maybe some small profit) and then planning on taking the next move. Doesn't matter if the price will go more to the upside or not, always another time, just close the position and then plan on the next entry, clear up your mind first.
  • #314,194
  • May 22, 2012 3:00am May 22, 2012 3:00am
Yesterday I bought AU,GU and EU. Good luck for everyone at 10:30, especially for bulls
"Study the past if you would define the future." Confucius
  • #314,195
  • May 22, 2012 3:00am May 22, 2012 3:00am
May i be an idiot, but to me we're still on a retrace of the downtrend
  • #314,196
  • May 22, 2012 3:03am May 22, 2012 3:03am
Quoting littlemole
Yesterday I bought AU,GU and EU. Good luck for everyone at 10:30, especially for bulls
what's on at 10:30?
  • #314,197
  • May 22, 2012 3:04am May 22, 2012 3:04am
Quoting tunera
May i be an idiot, but to me we're still on a retrace of the downtrend
yeah, i think that so.. but i'm looking forward for this price to go to 5950 area and see how things from there..
  • #314,198
  • May 22, 2012 3:05am May 22, 2012 3:05am
Quoting A-speculator
not necessarily mate.. market goes both ways.. to me, i try to get in as much move as possible in the 4H TF, so sometimes my position might be 2-3 days, sometime maybe just a day.. all that depend on how the 4h formation.

we don't know yet mate how strong are the bulls. if this week we manage to get to 6060, well, that's doesn't look good with the bears right?

the thing is, your position is way on top and already sustained a lot of DD so you should just close at BE (or maybe some small profit) and then planning on taking the next move. Doesn't...

i agree..but i do this because i like to remain disciplined in my rules..yes u can take it both way ..i gues im trying to find that thin line where it doesnt interfere..with my trading plan..anyway what will happen will happen

to me time means nothing..because trading doesnt effect me emotionally anymore..just the thought of getting it right or planing the movements..perhaps cause i mostly at work
  • #314,199
  • May 22, 2012 3:14am May 22, 2012 3:14am
Quoting nAVIN2007
i agree..but i do this because i like to remain disciplined in my rules..yes u can take it both way ..i gues im trying to find that thin line where it doesnt interfere..with my trading plan..anyway what will happen will happen

to me time means nothing..because trading doesnt effect me emotionally anymore..just the thought of getting it right or planing the movements..perhaps cause i mostly at work
i'm sorry i have to say this nav. that is not what called discipline when you have positions without stops.. that is reckless mate..
  • #314,200
  • May 22, 2012 3:18am May 22, 2012 3:18am
on the lower TF, still seems there's a lot of supply at about the top of the daily hammer.. seems like the area can only taken out by good news from the UK today..

price still struggling to get pass the high..
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