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Cable Update (GBPUSD)

  • #315,741
  • Jun 7, 2012 6:53am Jun 7, 2012 6:53am
Quoting _BBKing_
omg, just noticed this few seconds aago!!
did anyone noticed?????

edit: if i noticed.... i would have loaded 3x normal size instead of half size! damn.
notice whaat?
deep RoT is essential for everlasting happyness
  • #315,742
  • Jun 7, 2012 7:03am Jun 7, 2012 7:03am
Quoting redbeben
quiet as FF was down due to high server load

covered half for 28 pips the rest stopped @ BE

opened 2 buys@ 1.5500 and one sell @ 1.5535 that I closed for 11 pips

now I will leave the longs to go as high as 1.5650

SL to + 8 pips now and I will lower TP to 1.5638-40 as that one is a fibo 61.8%..I guess....my chart is full of lines
  • #315,743
  • Jun 7, 2012 7:12am Jun 7, 2012 7:12am
Can we go to 1.5100? , it can be the next target as we are in a down trend
  • #315,744
  • Jun 7, 2012 7:35am Jun 7, 2012 7:35am
Quoting Fx.med
Can we go to 1.5100? , it can be the next target as we are in a down trend
price should go higher to 1.5640-1.57XX area before any important retrace.

it all depends on QE or not QE later today.
  • #315,745
  • Jun 7, 2012 7:36am Jun 7, 2012 7:36am
Quoting redbeben
SL to + 8 pips now and I will lower TP to 1.5638-40 as that one is a fibo 61.8%..I guess....my chart is full of lines
moved SL on 1/3 of long @ +64 pips and will load some more longs if we retrace to 1.5511-1.5526 area
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 43 KB
  • #315,746
  • Jun 7, 2012 7:51am Jun 7, 2012 7:51am
Quoting _BBKing_
this time fundies helped!
what i meant is: if BOE increased QE now price was in 53 area totally un-caring about daily candlesticks, supports, lines, fibos etc..! just this
in fact a lot of traders went short near 5500, and i was angry with my self that i did not hedge my position.

Welcome To Forex

looking now to add if price shows reasons near previous top range area.

good luck people,
i'm out and busy
Right now back.

no add.

let the price got top then sell it.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #315,747
  • Jun 7, 2012 7:59am Jun 7, 2012 7:59am
Quoting X.work
notice whaat?
price is completely out of strong downtrend seen in h4.
re-test that small black line and printed decisive bullish pattern.

indeed now price is completely above the 23%fib from 1.63 to 1.52
we are in retrace mode!
some call it uptrend... but i would be careful until 1.56-1.57 area where we could see re-appearing strong sell pressure ahead of greek things.

i have main supply loaded in 1.56 area. price will be attracted there in med term.

market now waiting for something coming out from uncle ben.

let's see.

good luck
90% of traders use TA, indicators and prediction
  • #315,748
  • Jun 7, 2012 8:00am Jun 7, 2012 8:00am
Quoting Zircon
Right now back.

no add.

let the price got top then sell it.
90% of traders use TA, indicators and prediction
  • #315,749
  • Jun 7, 2012 8:01am Jun 7, 2012 8:01am
today i would give the "insanity award" at UJ.
was showing weakness then jumped up.

woooof
90% of traders use TA, indicators and prediction
  • #315,750
  • Jun 7, 2012 8:01am Jun 7, 2012 8:01am
Quoting chazzle
Nice trading TT -- good to see you
Good day to you, Chazzle

My apology - was out... only saw your post now. Not bad yourself...

Left a lot on the table though...

Regards to you
  • #315,751
  • Jun 7, 2012 8:20am Jun 7, 2012 8:20am
Good day to you.

Gone short @ 1.5582- will add 1.5625 - retracement trade.

Risky

Regards
  • #315,752
  • Jun 7, 2012 8:26am Jun 7, 2012 8:26am
Quoting TauTrader
Good day to you.

Gone short @ 1.5582- will add 1.5625 - retracement trade.

Risky

Regards
i will be looking for shorts like an hawk if we see 1.56 area.
but i prefer let longs running for the moment....

let's see if uncle ben have something to say
90% of traders use TA, indicators and prediction
  • #315,753
  • Jun 7, 2012 8:27am Jun 7, 2012 8:27am
30 pips on EU so far
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 47 KB
  • #315,754
  • Jun 7, 2012 8:37am Jun 7, 2012 8:37am
Quoting _BBKing_
i will be looking for shorts like an hawk if we see 1.56 area.
but i prefer let longs running for the moment....

let's see if uncle ben have something to say
Good day,BB

It's long for me still on daily - but 1hr tells me a little pullback may happen. therefor my shortie.

wish you wealth, health and green

Regards
  • #315,755
  • Jun 7, 2012 8:44am Jun 7, 2012 8:44am
Quoting TauTrader
Good day,BB

It's long for me still on daily - but 1hr tells me a little pullback may happen. therefor my shortie.

wish you wealth, health and green

Regards
tks,
wish you all the best too

160 pips high-to-low today. can we see some 60 more?? IMO, yes, of course! anwyay i partially cashed right now @5590, would be stupid if i leave 140 pips on the table.

i'm thinking that big ben will move commodities. silver and gold are knocking in resistance levels. let's see.
90% of traders use TA, indicators and prediction
  • #315,756
  • Jun 7, 2012 8:51am Jun 7, 2012 8:51am
Quoting _BBKing_
tks,
wish you all the best too

160 pips high-to-low today. can we see some 60 more?? IMO, yes, of course! anwyay i partially cashed right now @5590, would be stupid if i leave 140 pips on the table.

i'm thinking that big ben will move commodities. silver and gold are knocking in resistance levels. let's see.
Always a good idea to cash in. Can not be taken away. A bird in the hand - you know.

All success!

Regards
  • #315,757
  • Jun 7, 2012 9:05am Jun 7, 2012 9:05am
bastards they stopped me in 1/3 of GU @ +74 pips and EU @ BE

..but I compensate with a buy on UCAD

rest of GU still long SL @ +25 pips
  • #315,758
  • Jun 7, 2012 9:20am Jun 7, 2012 9:20am
any guess where it will stop?
  • #315,759
  • Jun 7, 2012 9:39am Jun 7, 2012 9:39am
Quoting 2012baby
any guess where it will stop?
1.5515 -30 area as a decent stop for some bounce as there is a 50% fibo there and some important buyers

next stop down is
1.5475-94 as in 61.8% fibo and even bigger buyers

I'll load longs @ 1.5525 first
  • #315,760
  • Jun 7, 2012 9:41am Jun 7, 2012 9:41am
Quoting 2012baby
any guess where it will stop?
Stop what? Up or down?
Some gold sellers apears, then usd go up
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