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Cable Update (GBPUSD)

  • #317,101
  • Jun 21, 2012 9:56am Jun 21, 2012 9:56am
Quoting TauTrader
Good day to you, Red

Also believe 1.2600 is a good level to long. Entered there as well.

Regards
Yup, that makes 3 of us.
Entered at 1.2597 with a 50 pip TP and SL.
Will adjust stops accordingly.
Show Me Your Pips!!!
  • #317,102
  • Jun 21, 2012 9:58am Jun 21, 2012 9:58am
gold is going down.I'll wait for it to go to 1589.90 ad sell it....on daily it appears to go 40 USD lower....
  • #317,103
  • Jun 21, 2012 10:04am Jun 21, 2012 10:04am
Quoting TauTrader
Thanks Tau ...
Attached Image (click to enlarge)
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  • #317,104
  • Jun 21, 2012 10:09am Jun 21, 2012 10:09am
Quoting Kaloo5
Yup, that makes 3 of us.
Entered at 1.2597 with a 50 pip TP and SL.
Will adjust stops accordingly.
take care of the longs as 1.2629-30 is the..was the fibo retrace of the down move

while writting short on GU triggered @ 1.5673 and now in huge profit

will trail it to 1.5577 area starting @ 1.5610

Attached Image (click to enlarge)
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  • #317,105
  • Jun 21, 2012 10:11am Jun 21, 2012 10:11am
Quoting TauTrader
Good day to you, Red

Also believe 1.2600 is a good level to long. Entered there as well.

Regards
Not looking particularely good right now. Will add one more @ 1.2582 - will cut both on 1.2550

Regards
  • #317,106
  • Jun 21, 2012 10:15am Jun 21, 2012 10:15am
Quoting redbeben
gold is going down.I'll wait for it to go to 1589.90 ad sell it....on daily it appears to go 40 USD lower....
never got that high

sold now all I want is 40 usd on it now
Attached Image (click to enlarge)
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  • #317,107
  • Jun 21, 2012 10:16am Jun 21, 2012 10:16am
Quoting TauTrader
Not looking particularely good right now. Will add one more @ 1.2582 - will cut both on 1.2550

Regards

EU will raise again.

I'll add @ 1.2560 as 61.8% fibo

good luck
  • #317,108
  • Jun 21, 2012 10:19am Jun 21, 2012 10:19am
Quoting redbeben
take care of the longs as 1.2629-30 is the..was the fibo retrace of the down move

while writting short on GU triggered @ 1.5673 and now in huge profit

will trail it to 1.5577 area starting @ 1.5610

closed half @ 1.5628 for a 45 pips profit rest @ BE

I prepare the artillery to long @ 1.5615-1.5595

if we go below I'll bring in the navy @ 1.5570-77 area and call it a day
  • #317,109
  • Jun 21, 2012 10:24am Jun 21, 2012 10:24am
Quoting taomql4
Thanks Tau ...
good day to you,sir

Nice chart - as always... hope you are safe though.

regards
  • #317,110
  • Jun 21, 2012 10:27am Jun 21, 2012 10:27am
Quoting redbeben
never got that high

sold now all I want is 40 usd on it now
go gold go go gold go
  • #317,111
  • Jun 21, 2012 10:40am Jun 21, 2012 10:40am
Quoting redbeben
EU will raise again.

I'll add @ 1.2560 as 61.8% fibo

good luck
Good day to you,

It's part of trading - if it doesn't work, I move on.

No issue..

All the best.

Regards
  • #317,112
  • Jun 21, 2012 10:40am Jun 21, 2012 10:40am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting redbeben
closed half @ 1.5628 for a 45 pips profit rest @ BE

I prepare the artillery to long @ 1.5615-1.5595

if we go below I'll bring in the navy @ 1.5570-77 area and call it a day

Daily S2 @ .5577
Weekly S1 @ .5571
  • #317,113
  • Jun 21, 2012 10:44am Jun 21, 2012 10:44am
manually opened long on EU @ 1.2568 TP 1.2630 and maybe I'll trail it to 1.2650...maybe

closed gold 80% left rest with a SL just behind it
Attached Image (click to enlarge)
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  • #317,114
  • Jun 21, 2012 10:46am Jun 21, 2012 10:46am
Quoting eggs
Daily S2 @ .5577
Weekly S1 @ .5571


I just see it on the ichi chart.didn't know it is a S there on W

thanks for the heads up
  • #317,115
  • Jun 21, 2012 10:54am Jun 21, 2012 10:54am
near last years quarter again, will be interested to see on which side of it we close...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #317,116
  • Jun 21, 2012 11:00am Jun 21, 2012 11:00am
Quoting Makavelli7
Loaded more shorts at 1.5760
Taken profit at 1.5618. Cable's been rocking since yesterday.. Just thinking about how many accounts got blown in this storm
The only way not to think about money is to have a great deal of it
  • #317,117
  • Jun 21, 2012 11:17am Jun 21, 2012 11:17am
Quoting Makavelli7
Taken profit at 1.5618. Cable's been rocking since yesterday.. Just thinking about how many accounts got blown in this storm

not too many .max readers was 120

average 50
  • #317,118
  • Jun 21, 2012 11:27am Jun 21, 2012 11:27am
Quoting redbeben
closed half @ 1.5628 for a 45 pips profit rest @ BE

I prepare the artillery to long @ 1.5615-1.5595

if we go below I'll bring in the navy @ 1.5570-77 area and call it a day
long on GU first load @ 1.5618 TP 1.5800 first

second and last load @ 1.5577

SL 1.5470
  • #317,119
  • Jun 21, 2012 11:37am Jun 21, 2012 11:37am
Good point to long GBP/USD

Strong resitance at 1.5600 level.

Entering Long -1.5610
Tight Stop Loss- 1.5688

Tp- 1.5680
  • #317,120
  • Jun 21, 2012 12:12pm Jun 21, 2012 12:12pm
Quoting Niranj
Good point to long GBP/USD

Strong resitance at 1.5600 level.

Entering Long -1.5610
Tight Stop Loss- 1.5688

Tp- 1.5680

don't count on that 1.5600 mate.

1.5577 is a better entry and it below your SL

1.5588 is the 50% fibo on the rise 1.5400- 1.5774 so it might test it
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