Why is cable PA so FFFFFFF........CCCK UP ?????
Any Reason???????
Any Reason???????
Cable Update (GBPUSD)
- #317,185
- Jun 22, 2012 9:56am Jun 22, 2012 9:56am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
1.5522 as S maybe
I'll scalp long @ 1.5545-50
for 30 pips up
- #317,187
- Jun 22, 2012 10:05am Jun 22, 2012 10:05am
- Joined Aug 2010 | Status: Trader | 3,185 Posts
I don't trust any move - when you have profit...take it.
- #317,189
- Jun 22, 2012 10:16am Jun 22, 2012 10:16am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
I have a short position at 5614 targeting 5527 im thinking on letting it ride down to maybe 1.500 area??? or just let it hit tp....any thoughts?
same as 1.5500-10 and below @ 1.5470-80
just trail it
- #317,190
- Jun 22, 2012 10:20am Jun 22, 2012 10:20am
1.5545-55 is a buyers area
same as 1.5500-10 and below @ 1.5470-80
just trail it
- #317,193
- Jun 22, 2012 10:40am Jun 22, 2012 10:40am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
If this weekly candle closes as a nice bearish candle i think it is a great sign of a downtrend resuming
hmmm...can't tell.I aim for longs now and TP 1.5778 area to be honest.
1.5500-1.5473 area should hold the price well enough.
what I do when I am greedy and want to leave the good trades flow,I just trail it @ 35 pips so in your case when you reach 1.5527 as your TP trail it.in case price stalls @ 1.5500 area you will only loose 8 pips from your initial profit target.
It might turn back for 35 pips and stop you out but better than closing at tp or than having a full turn to 1.5690
but as I said this is how I do it
on the other side....something else might trigger longs next week....apparently we have a double bottom on Gold H4 TP 1595.70 so the 30 USD will drag EU and GU on the way up.
then we will see 1633 on gold and EU will go higher and GU to the sky.
but,we'll see how next week will develop.5-6 trading days to go for GU to touch 1.5784 area....and if we do next week we are heading to 1.5900 and 1.627X area
- #317,194
- Jun 22, 2012 10:46am Jun 22, 2012 10:46am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
one more thing.
EU has a S @ 1.2517..I belive we see EU @ 1.2800 and above next week.think of EFSF buying Spanish bonds and Italian as well....remember this was the firewall first created for Greece.
if they buy we can kiss bye bye the EU lows and GU and all the rest we should see 1.3000 area by mid july.
EU has a S @ 1.2517..I belive we see EU @ 1.2800 and above next week.think of EFSF buying Spanish bonds and Italian as well....remember this was the firewall first created for Greece.
if they buy we can kiss bye bye the EU lows and GU and all the rest we should see 1.3000 area by mid july.
- #317,195
- Jun 22, 2012 10:47am Jun 22, 2012 10:47am
hmmm...can't tell.I aim for longs now and TP 1.5778 area to be honest.
1.5500-1.5473 area should hold the price well enough.
what I do when I am greedy and want to leave the good trades flow,I just trail it @ 35 pips so in your case when you reach 1.5527 as your TP trail it.in case price stalls @ 1.5500 area you will only loose 8 pips from your initial profit target.
It might turn back for 35 pips and stop you out but better than closing at tp or than having a full turn to 1.5690
but as I said this is how I do it
on the other side....something...
- #317,196
- Jun 22, 2012 10:54am Jun 22, 2012 10:54am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
Your right bro, I closed my trade, market is too choppy and too many bull/bear ego power, forgive and forget that is what the Vietnamese did.
didn't mean to influence you I would have trailed it just to be sure I won't miss any big move down... if ...
but it is always better to close all when you don't feel safe.
50-60 pips what you got it is better than nothing
- #317,197
- Jun 22, 2012 11:33am Jun 22, 2012 11:33am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
such a lucky bastard I am 
- #317,198
- Jun 22, 2012 11:46am Jun 22, 2012 11:46am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
usually.....
what doesn't go down.... must go up.
not really a good bearish move.
maybe end of the week so a lot of positions covering but i expected to see price already near 5500 at least 5535.
looks like we'll visit again 5630 soon and if will not show strong pressure, we go up whole week. lol.
anyway, i'm out.
good luck and good weekend you all
what doesn't go down.... must go up.
not really a good bearish move.
maybe end of the week so a lot of positions covering but i expected to see price already near 5500 at least 5535.
looks like we'll visit again 5630 soon and if will not show strong pressure, we go up whole week. lol.
anyway, i'm out.
good luck and good weekend you all
90% of traders use TA, indicators and prediction
- #317,199
- Jun 22, 2012 11:48am Jun 22, 2012 11:48am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
such a lucky bastard I am
i would like to buy even lower.
be careful it's end of the week......
good luck
90% of traders use TA, indicators and prediction
- #317,200
- Jun 22, 2012 12:07pm Jun 22, 2012 12:07pm
- | Commercial User | Joined Feb 2010 | 2,739 Posts
i agree in target on gold
i would like to buy even lower.
be careful it's end of the week......
good luck
too late on that ,already bought there and not gonna touch it anymore.
I have decided that GOLD is the hardest thing to trade.
why ?
well.....al the shmucks trade it.if you pick one dude from the street and ask him what he would trade he would say ''oil and gold coz the profit is big
''so...being traded by so many non-traders that have no idea of trendlines nor clouds nor S and R it is unpredictable ....I guess....
one opens the newspaper and reads font 22-The only safeheaven gold ....so he buys....then he dumps it coz he needs some money to buy beer.
bleah,tired of it.I leave it to the masses....I will keep trading gentlemen's currencies
p.s.
EU will go up and drag GU with him
tonight we have the final match between Greece and Ze Germans and it is like EUR against Drahma....the winner takes it all.....
Germans will spend a lot on beer tonight if they win and drunk as hell will be willing to lend some more money to the greeks and renegociate the terms.
If Greece wins...then we're doomed
p.s.2-I don't even watch soccer but tonight it might be interesting
