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Cable Update (GBPUSD)

  • #315,781
  • Jun 7, 2012 12:42pm Jun 7, 2012 12:42pm
Quoting _BBKing_
becareful with lot size tau!


i also think should correct down, problem is that it is not doing.
not yet at least!

Eu near new high with a downgrade in spain.
do the right thing ,,,,Spain downgrade soooooo ... dont go after your heart , go after your mind

COREECTION CORRECTION CORRECTION LOL .
  • #315,782
  • Jun 7, 2012 12:42pm Jun 7, 2012 12:42pm
Quoting _BBKing_
becareful with lot size tau!


i also think should correct down, problem is that it is not doing.
not yet at least!

Eu near new high with a downgrade in spain.
Thank you - taken note of your warning...

60 min = drop

Trading small percentage. Always. This is how I survive...

All the best

Regards
  • #315,783
  • Jun 7, 2012 1:36pm Jun 7, 2012 1:36pm
Quoting Zircon
hehe
d worry she is gonna straight to ur target.
hope so
  • #315,784
  • Jun 7, 2012 1:40pm Jun 7, 2012 1:40pm
Quoting PoundTrader

she will drop based on what exactly?
  • #315,785
  • Jun 7, 2012 2:19pm Jun 7, 2012 2:19pm
lol
Hi TT how are you thought you gave up on us


Quoting TauTrader
Hehe...

Yip - you are useless.



Hehe

Regards
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #315,786
  • Jun 7, 2012 2:28pm Jun 7, 2012 2:28pm
Quoting PoundTrader
im long at 1.5442, s/l 1.5405, t/p 1.5659
ok, if she closed below 1.5560, then i closed my trade and be done for the week. good luck to all
  • #315,787
  • Jun 7, 2012 2:37pm Jun 7, 2012 2:37pm
good job BB ,you sound like you've had a good week

You see it only went up cause im on holiday ,market is naughty when im away haha


Quoting _BBKing_
i'm closing my longs here 5576
leaving till next week.
market will not take back these profits.

good luck you all!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #315,788
  • Jun 7, 2012 7:52pm Jun 7, 2012 7:52pm
Quoting Bones
lol
Hi TT how are you thought you gave up on us
Aloha, Aloha

Whilst im sipping acc200 for flu , you are having cocktails in Hawaii?

Not fair!

No sir, the last few weeks were occupied by various other issues. One week out of town and one week in bed. I do not own a laptop ( by choice) and I do not own a smartphone ( by choice).

So, periods of MIA from time to time

Enjoy the break, rest well!

Warm regards
  • #315,789
  • Jun 7, 2012 7:55pm Jun 7, 2012 7:55pm
Quoting PoundTrader
ok, if she closed below 1.5560, then i closed my trade and be done for the week. good luck to all
Nice!

Regards
  • #315,790
  • Jun 7, 2012 8:36pm Jun 7, 2012 8:36pm
Quoting Mohsen75
do the right thing ,,,,Spain downgrade soooooo ... dont go after your heart , go after your mind

COREECTION CORRECTION CORRECTION LOL .

After 5 hours mind win ... now GBP down by 90 - 100 pips
  • #315,791
  • Jun 8, 2012 1:35am Jun 8, 2012 1:35am
Good day to you,

Placed a long @ 1.5452

Will see

Regards
  • #315,792
  • Jun 8, 2012 2:13am Jun 8, 2012 2:13am
good morning!

wow!! back in 1.54 area!

great work mr TAU! i really didn't think to find price here again.

looks like a possible "retrace mode" of downtrend is in failure. the 23% is 5510-20 (lol actual DP) and price did not find any kind of orders simply passing itlike knife in butter.
90% of traders use TA, indicators and prediction
  • #315,793
  • Jun 8, 2012 2:16am Jun 8, 2012 2:16am
Quoting Bones
good job BB ,you sound like you've had a good week

You see it only went up cause im on holiday ,market is naughty when im away haha
ahahha
yes had a good week, took great trades in GU + silver + gold. also UJ GJ but i closed those 2 for very shy profits.
meanwhile got also some mistakes infact today i'm going to spend the day in study what happened in my brain to pick those wrong trades!
90% of traders use TA, indicators and prediction
  • #315,794
  • Jun 8, 2012 2:21am Jun 8, 2012 2:21am
Quoting _BBKing_
good morning!

wow!! back in 1.54 area!

great work mr TAU! i really didn't think to find price here again.

looks like a possible "retrace mode" of downtrend is in failure. the 23% is 5510-20 (lol actual DP) and price did not find any kind of orders simply passing itlike knife in butter.
Bouncing around the 50% fib from the last H4 rise begining the 1st June plus the S1. I am expecting a bounce to 1.5461 if it goes above that I will close my shorts. If it drops through S1 then it could have a very choppy ride down to 1.5410.
  • #315,795
  • Jun 8, 2012 2:24am Jun 8, 2012 2:24am
Quoting redbeben
opened a long @ 1.5546 closed @ 1.5566

still expecting it to go lower so will load later on

I opened a sell on EU as well@ 1.2555 tp 1.2485
EU touched TP

UCHF and UCAD same ...it's a nice feeling to wake up with some pips bagged already
  • #315,796
  • Jun 8, 2012 2:27am Jun 8, 2012 2:27am
Quoting redbeben
RSI under 50 line stochs crossed waiting for that red level to be touched.

still waiting for 1.5418-20 to load long or lower @1.5400-1.5395 and very last 1.5320-30
still waiting....

triggered first long on GU ..by the time I blinked
Attached Image (click to enlarge)
Click to Enlarge Name: gu long.gif Size: 38 KB
  • #315,797
  • Jun 8, 2012 2:29am Jun 8, 2012 2:29am
Quoting TauTrader
Good day to you,

Placed a long @ 1.5452

Will see

Regards
Good day to you, Stopped out @ 1.5425

Regards
  • #315,798
  • Jun 8, 2012 2:29am Jun 8, 2012 2:29am
looking a bit of PA looks like price is in free fall mode.
maybe some orders can appear in lower 1.54 or into 1.53 area

but not yet.
uhm.
but shorting here now looks scary...
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_15 Mins_snapshot.jpg Size: 67 KB
90% of traders use TA, indicators and prediction
  • #315,799
  • Jun 8, 2012 2:32am Jun 8, 2012 2:32am
Quoting id5
Bouncing around the 50% fib from the last H4 rise begining the 1st June plus the S1. I am expecting a bounce to 1.5461 if it goes above that I will close my shorts. If it drops through S1 then it could have a very choppy ride down to 1.5410.
uhm personally i rarely draw fib retrace in a retrace move.
i mean: the move from 1.52 to 1.55 is a retrace move which simply triggered some stops (maybe) above the 23% just to collect supply and turn back.

in this scenario, the 0% line is very possible (1.5270).
but let's see what develops. price can find demand everywhere near here 1.54 lower area
90% of traders use TA, indicators and prediction
  • #315,800
  • Jun 8, 2012 2:41am Jun 8, 2012 2:41am
sellers in the 1.5480-5500 area and higher @5535-40 and a big one @ 1.5570

buyers on the previously mentioned levels

1.5420(checked)
1.5370-80 and the very low 1.5320-30

frankly the more we go up and down the more I see 1.6180 level comming on the daily

first 1.5724 then 1.5784 and as soon as we close above we go 1.6053 as important R and very last 1.6185 from which we drop 200 pips again in the first move...the rest I cannot see on charts yet
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