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Cable Update (GBPUSD)

  • #316,821
  • Jun 20, 2012 3:35am Jun 20, 2012 3:35am
Quoting TauTrader
Good day -

Short entered @ 1.5724. Will continue adding short. Daily trade -

Regards
Closed all shorts @ 1.5685

Regards
  • #316,822
  • Jun 20, 2012 3:37am Jun 20, 2012 3:37am
Quoting PoundTrader
long at 1.5662, s/l 1.5639, t/p 1.5839
i gotta break 1.5725 again to confirm a strong uptrend. im watching
  • #316,823
  • Jun 20, 2012 3:40am Jun 20, 2012 3:40am
Quoting PoundTrader
long at 1.5662, s/l 1.5639, t/p 1.5839
nice.
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #316,824
  • Jun 20, 2012 3:41am Jun 20, 2012 3:41am
Quoting PoundTrader
long at 1.5662, s/l 1.5639, t/p 1.5839
buy on lower... come on up..up.. my target at 1.5800 also
  • #316,825
  • Jun 20, 2012 3:43am Jun 20, 2012 3:43am
Quoting eqshack
nice.
i nee a strong comfirmation, so it need to break 1.5725 again to confirm my trade. good luck to all, BTW im thinking about changing my t/p to 1.5807 nothing yet.
  • #316,826
  • Jun 20, 2012 3:45am Jun 20, 2012 3:45am
G/M

Downside breech of that 1hr descending trennd line on that Uk data react (0930am bst) finds willing buyers at the breeched descending trend line on same t/f with 23.6% 5320-5755.

Will there be an upside follow thru on yesterday's Daily bullish engulfing candle ?

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 113 KB
ex member
  • #316,827
  • Jun 20, 2012 3:46am Jun 20, 2012 3:46am
Quoting rising7
buy on lower... come on up..up.. my target at 1.5800 also
trading can go crazy with all the high impact news comming out today, gotta be on your p's and q's
  • #316,828
  • Jun 20, 2012 3:46am Jun 20, 2012 3:46am
Quoting redbeben
what if(only if) price won't go there ? or where will it start to climb from ? 1.5720? 1.5695 ?

what if the govt easing will scare buyers away ?

trust me on this one,unless you are an insider you can never be 100% sure about a price...this is FX.

I will only buy close to 1.5590-5610

first stop down is 1.5685 area and the rest will follow.

but,it depends how fast it moves as price will be affected by the feds later today
so .15685 touched and lower....5 pips away from my TP ..I was aiming for 1.5650 not 1.5655 dammit
  • #316,829
  • Jun 20, 2012 3:52am Jun 20, 2012 3:52am
see how the 10min immediate post data candle closed

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: 10min.jpg Size: 51 KB
ex member
  • #316,830
  • Jun 20, 2012 3:53am Jun 20, 2012 3:53am

looks like market is collecting money with these moves.

i was short. luckily closed half position when in profits.
killed @BE the remaining part.

let's see later what will come out from FOMC and uncle Ben.
good luck!!!
Attached Image
90% of traders use TA, indicators and prediction
  • #316,831
  • Jun 20, 2012 3:54am Jun 20, 2012 3:54am
Quoting PoundTrader
long at 1.5662, s/l 1.5639, t/p 1.5839
ok 1mill closed at 1.5723, gonna keep 1mill open and see what happens
  • #316,832
  • Jun 20, 2012 3:55am Jun 20, 2012 3:55am
Loving this PA
I get the feeling we could bounce around 5630 and 58 area this week
Come with me if you want to live....
  • #316,833
  • Jun 20, 2012 3:55am Jun 20, 2012 3:55am
Daily shows the previous minor swing lo (previous support) zone where yesterday found supply at it's hi.

G/L
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Click to Enlarge Name: z.jpg Size: 112 KB
ex member
  • #316,834
  • Jun 20, 2012 3:55am Jun 20, 2012 3:55am
I can just imagine, a whole lot of going on right now
The only way not to think about money is to have a great deal of it
  • #316,835
  • Jun 20, 2012 3:58am Jun 20, 2012 3:58am
Quoting Makavelli7
I can just imagine, a whole lot of going on right now
i agree!
usually when market starts to moving like this... it's hard to imagine a strong reversal in trend after all those longs triggered near 5640.

time will tell.
90% of traders use TA, indicators and prediction
  • #316,836
  • Jun 20, 2012 3:58am Jun 20, 2012 3:58am
Quoting Ill-b-back
Loving this PA
I get the feeling we could bounce around 5630 and 58 area this week
yes sir
  • #316,837
  • Jun 20, 2012 4:01am Jun 20, 2012 4:01am
Quoting Makavelli7
I can just imagine, a whole lot of going on right now
just look how many visitors are reading the posts now

puzzled coz they have no idea what hit them,they don't know wether to hold on their positions(either short or long) so they come here to find clues

WE ARE JUST AS CLUELESS AS YOU ARE GUYS
  • #316,838
  • Jun 20, 2012 4:05am Jun 20, 2012 4:05am
on M1 looks like we are heading down to 1.5690 area and later 1.5640
  • #316,839
  • Jun 20, 2012 4:08am Jun 20, 2012 4:08am
Quoting PoundTrader
i nee a strong comfirmation, so it need to break 1.5725 again to confirm my trade. good luck to all, BTW im thinking about changing my t/p to 1.5807 nothing yet.
agree with u at the resistance ard 20-30area to break higher......my TP is at 1.5800...good luck
May the pips be with me !!!
  • #316,840
  • Jun 20, 2012 4:08am Jun 20, 2012 4:08am
Quoting redbeben
just look how many visitors are reading the posts now

puzzled coz they have no idea what hit them,they don't know wether to hold on their positions(either short or long) so they come here to find clues

WE ARE JUST AS CLUELESS AS YOU ARE GUYS
Clue Number 1 never come to a forum looking for clues! if you can anwers this question then your on the right path here's the question ( how many dead people in your local cemetery? )
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