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Cable Update (GBPUSD)

  • #317,301
  • Jun 26, 2012 2:14am Jun 26, 2012 2:14am
Quoting ndroe
Which one Having more impact?
Public sector net borrowing or Inflation Report Hearings?

better not trade news

just stay and wait 30 min before and after the news and let the market settle down a bit.

some sharks have special software to get the news some milliseconds before the rest and they have automatic trading on top of it...they pay loads of money but it worth it.you think you can beat them ?
  • #317,302
  • Jun 26, 2012 2:26am Jun 26, 2012 2:26am
.
Attached Image (click to enlarge)
Click to Enlarge Name: bamm.gif Size: 19 KB
not euphoria follower
  • #317,303
  • Jun 26, 2012 2:30am Jun 26, 2012 2:30am
Quoting 1stECN

1.5528




100% Guaranteed

i hope you burnt your account so you will stop with these stupid posts.
straight to ignore room.

good luck.
90% of traders use TA, indicators and prediction
  • #317,304
  • Jun 26, 2012 2:31am Jun 26, 2012 2:31am
Quoting redbeben
I expected the 1.5590-1.5580 to come but still 1.5634-1.5650 area needs to be covered.

if we go higher 1.5700-1.5710 will cap it for now.

if we go down...then SL will kill them @ 1.5470 area so no need to worry
hmmm starting 1.5634 I'll trail coz I fear the 1.5650 area ...if we go that high but at least 1.5634 needs to be covered to retest Friday's high.

1.5610 sellers area but nothing important acc to charts
  • #317,305
  • Jun 26, 2012 2:34am Jun 26, 2012 2:34am
Quoting PoundTrader
whats up, i been short, i was just asking whats the reason, im short from last week at 1.5726, i was hoping to get out at 1.5526 for 200 pips, i guess we will see
im out at 1.5610, longs looking strong, good luck to all
  • #317,306
  • Jun 26, 2012 2:36am Jun 26, 2012 2:36am
dude...

ben's profit is running right now .... why stop it . let profit run and set the cut loss . not let loss run and profit cut ...

g luck

Quoting Makavelli7
to be frank ben, your long dont look too good right nw. If i were you, id take profit right now and wait for clearer pointers
not euphoria follower
  • #317,307
  • Jun 26, 2012 2:40am Jun 26, 2012 2:40am
EU is going to 1.2600

I'll wait for the retrace and jump in again
  • #317,308
  • Jun 26, 2012 2:44am Jun 26, 2012 2:44am
Quoting PoundTrader
im out at 1.5610, longs looking strong, good luck to all
well done PT
90% of traders use TA, indicators and prediction
  • #317,309
  • Jun 26, 2012 2:46am Jun 26, 2012 2:46am
Quoting _BBKing_
well done PT
  • #317,310
  • Jun 26, 2012 2:47am Jun 26, 2012 2:47am
Quoting iqyu5an
dude...

ben's profit is running right now .... why stop it . let profit run and set the cut loss . not let loss run and profit cut ...

g luck
well said!
yesterday i cutted my profits coz i noticed a 50-50 probability to see it turning in loss.
happens
could be some 30-40 more profits now.
but gold looking good (i have a long in bottom and a short in top.lol)
90% of traders use TA, indicators and prediction
  • #317,311
  • Jun 26, 2012 2:48am Jun 26, 2012 2:48am
closed one GU long +60 pips.
the one opened @ 1.5555

the rest will be trailed from 1.5630-34 up....I might close one of them at that level

I fear the 1.5656 (1.5656-1.5660 are 2 important sell levels)
if we close this week above this level we go 1.5777-1.5784 ...which would be just fine for my calculations.

till then 1.5630-34-1.5656-60 gives me the shivers

I might sell there....it depends what I see and depends on what news say
  • #317,312
  • Jun 26, 2012 2:49am Jun 26, 2012 2:49am
Quoting iqyu5an
dude...

ben's profit is running right now .... why stop it . let profit run and set the cut loss . not let loss run and profit cut ...

g luck

I guess he knew about the low trade from 1.5555 which was in profit @ +40 pips at that time.
  • #317,313
  • Jun 26, 2012 2:51am Jun 26, 2012 2:51am
pending buy on EU @ 1.2510-11 TP @ 1.2560-70 and from that point trail to 1.2600

SL @ 1.2495
Attached Image (click to enlarge)
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  • #317,314
  • Jun 26, 2012 2:54am Jun 26, 2012 2:54am
see red solid box

http://www.forexfactory.com/attachme...1&d=1340691336


now we found ....as below. close 50 pip and still have 2 longs
Attached Image (click to enlarge)
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not euphoria follower
  • #317,315
  • Jun 26, 2012 3:02am Jun 26, 2012 3:02am
Quoting 1stECN

1.5528




100% Guaranteed

Do you mean 1.5628, right?
  • #317,316
  • Jun 26, 2012 3:04am Jun 26, 2012 3:04am
Could be heading to 1.5700 area, look like a breakout, lets see. good luck to all
  • #317,317
  • Jun 26, 2012 3:05am Jun 26, 2012 3:05am
Quoting ForexRatVN
Do you mean 1.5628, right?
nope he ment short.never follow blindly posts on this forum.use your head to judge and always look for signals that have TP and SL in place and entry price

1.5528 might be touched today or tmr or next year.

so...if you care about your account do not follow blindly
  • #317,318
  • Jun 26, 2012 3:07am Jun 26, 2012 3:07am
Quoting PoundTrader
Could be heading to 1.5700 area, look like a breakout, lets see. good luck to all

If we trip the 1.5656-60 stops we hit 1.5700-1.5710 packed with sellers.....

later edit

if we close a 4 H above 1.5588 we have 4 H RSI above 50 so.....we go higher
  • #317,319
  • Jun 26, 2012 3:10am Jun 26, 2012 3:10am
Quoting redbeben
pending buy on EU @ 1.2510-11 TP @ 1.2560-70 and from that point trail to 1.2600

SL @ 1.2495

SL @ BE closing one of them for 20 pips
  • #317,320
  • Jun 26, 2012 3:11am Jun 26, 2012 3:11am
i will wait if gives a clear close above the 5630-40 area
90% of traders use TA, indicators and prediction
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