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Cable Update (GBPUSD)

  • #317,981
  • Jul 3, 2012 11:00am Jul 3, 2012 11:00am
and now with the chart
Attached Image (click to enlarge)
Click to Enlarge Name: buysell.gif Size: 26 KB
  • #317,982
  • Jul 3, 2012 11:11am Jul 3, 2012 11:11am
Short on the Pound
Stop loss yesterdays high....will move stop loss at break even at 25+ pips
Open target, possibly 1.53000

http://i.imgur.com/W8lO1.png
  • #317,983
  • Jul 3, 2012 11:11am Jul 3, 2012 11:11am
Quoting redbeben
just locked profit @ 1,2615 and opened sell @ 1.2622 TP 1.2595 ...in the next 1h and 40 min...I hope

then I might load again for longs ..

1.2625-30 is a sellers area and above @ 1.2660 and 1.2690

and out from buy in profit for sell

next stop 1.2595 ,later 1.2578-76 and 1.2563-62

hmmmm

will see will see
  • #317,984
  • Jul 3, 2012 11:16am Jul 3, 2012 11:16am
[quote=Compulsive;5810691]Short on the Pound
Stop loss yesterdays high....will move stop loss at break even at 25+ pips
Open target, possibly 1.53000

Decided to moves top loss at break even 1.57045
  • #317,985
  • Jul 3, 2012 11:24am Jul 3, 2012 11:24am
Quoting Forex-Joe
Todays trades ended at about +0.57%.

Two trades where handled like an order set (marked yellow) to be able to average out the set in profit. Some say you should never add to a loosing order. I disagree, especially with so small orders as I take. I aim for 0.1% (=$50), but are also happy with 0.05% (=$25), or even less.
So all todays order closed in profit. My average win-rate is normally over 90%.

Joe
Nice. Congratulations.
  • #317,986
  • Jul 3, 2012 11:34am Jul 3, 2012 11:34am
where the hell is every1?



are u guys long or short on cable?
  • #317,987
  • Jul 3, 2012 11:39am Jul 3, 2012 11:39am
http://school.discoveryeducation.com...-boy-color.gif
yes sir. am here


Quoting nAVIN2007
where the hell is every1?



are u guys long or short on cable?
not euphoria follower
  • #317,988
  • Jul 3, 2012 11:43am Jul 3, 2012 11:43am
Quoting nAVIN2007
where the hell is every1?



are u guys long or short on cable?

hi Navin,you're aliveeeeeeeee

I'm neither.

I wait to load longs@ 1.5625-5570 area going to the sky....it depends what I see tmr...dammit tmr is the bomb of July so the yanks will probably be off and all USD crosses will be chaotically traded


will see later how it looks
  • #317,989
  • Jul 3, 2012 11:47am Jul 3, 2012 11:47am
Good day to you,

Not trading too much for the past few days... busy with annual budgets.

Something I am watching... GBP strength over USD at the moment. Will wait for Bullish divergence on 15 min chart to scalp long.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: currency strength.jpg Size: 84 KB
  • #317,990
  • Jul 3, 2012 11:50am Jul 3, 2012 11:50am
Quoting redbeben
hi Navin,you're aliveeeeeeeee

I'm neither.

I wait to load longs@ 1.5625-5570 area going to the sky....it depends what I see tmr...dammit tmr is the bomb of July so the yanks will probably be off and all USD crosses will be chaotically traded


will see later how it looks

yeah still in..just busy going to work chilling waiting for the mofo to go up..this month it better happen..things are slowly starting to take shape..1.67 im looking for
but the quarterly is suggesting 1.63 might be the top..but i doubt it especially with the games

hoping monthly trendline third touch break was the trap set for bears (1.65 still on)
  • #317,991
  • Jul 3, 2012 11:51am Jul 3, 2012 11:51am
Quoting redbeben
and out from buy in profit for sell

next stop 1.2595 ,later 1.2578-76 and 1.2563-62

hmmmm

will see will see
updated last stop 1.2561-1.2553

I either long there depending on the charts...or wait for the rest of the week coz tmr is fireworks,Thursday is the end of the world so no trading and Friday is always but always against all my trades.....

even if I hedge and open both buy and sell on GU @ 1.55XX it will still go against me and eat both my SL's or just go sideways.....or open Monday with a huuuge gap that would jump over my TP and my trades would not close
  • #317,992
  • Jul 3, 2012 11:53am Jul 3, 2012 11:53am
Quoting nAVIN2007
yeah still in..just busy going to work chilling waiting for the mofo to go up..this month it better happen..things are slowly starting to take shape..1.67 im looking for
but the quarterly is suggesting 1.63 might be the top..but i doubt it especially with the games

finally a man that lives there and knows how the games ''should affect'' the currency.

still I fear we will see first higher levels like 1.58 -1.59 before any important move down.

we can even see your trades about to close....so....my thoughts about the game are slowly fading away
  • #317,993
  • Jul 3, 2012 11:55am Jul 3, 2012 11:55am
Quoting nAVIN2007
where the hell is every1?



are u guys long or short on cable?

Hey Navin....

I am still here...just laying low from the forum....

Today i was long the Pound....Long Crude Oil....posting results. I am at the beach for the week http://www.forexfactory.com/showthre...35#post5806435 ....got my roadie trade setup with me....http://www.forexfactory.com/showthre...50#post5806350

Hope you are well.....

Faller...

my new favorite song......

Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: Navin.png Size: 95 KB
I don't trust any move - when you have profit...take it.
  • #317,994
  • Jul 3, 2012 12:20pm Jul 3, 2012 12:20pm
Quoting Faller
Hey Navin....

I am still here...just laying low from the forum....

Today i was long the Pound....Long Crude Oil....posting results. I am at the beach for the week http://www.forexfactory.com/showthre...35#post5806435 ....got my roadie trade setup with me....http://www.forexfactory.com/showthre...50#post5806350

Hope you are well.....

Faller...

my new favorite song......

http://www.youtube.com/watch?v=XJE_dYYPH9U
nice song
  • #317,995
  • Jul 3, 2012 12:22pm Jul 3, 2012 12:22pm
Quoting redbeben
finally a man that lives there and knows how the games ''should affect'' the currency.

still I fear we will see first higher levels like 1.58 -1.59 before any important move down.

we can even see your trades about to close....so....my thoughts about the game are slowly fading away

we are simply in a range..and the bottom break perhaps false 1.65 is pretty much a top..when price gets there i will look for a false breakout to the top sde if it happens i will short otherwise my ass remains long
  • #317,996
  • Jul 3, 2012 12:54pm Jul 3, 2012 12:54pm
Hello nAVIN,

Long time no see. How are you doing these days?

I didn't realise that you are still holding onto your long. I thought you got out with a break even result. Anyway, all the best.

This thread has gone quiet but I guess it is summer time so maybe people are enjoying themselves. I only lurk and do not post that much (except for in IBB's thread).

Kind regards,
  • #317,997
  • Jul 3, 2012 1:31pm Jul 3, 2012 1:31pm
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting Compulsive
Short on the Pound
Stop loss yesterdays high....will move stop loss at break even at 25+ pips
Open target, possibly 1.53000

http://i.imgur.com/W8lO1.png
Thats a nice chart there trader. I like the 3 choices of price data you used there for the three FIB fans.
  • #317,998
  • Jul 3, 2012 1:37pm Jul 3, 2012 1:37pm
OK! bringing ma money out of the friggin bank now. Longing cable at current price 1.5688 target is 1.5820. Hey Tau, how you doing brother
The only way not to think about money is to have a great deal of it
  • #317,999
  • Edited 1:52pm Jul 3, 2012 1:41pm | Edited 1:52pm
Cable pls leave the 1.5720 level alone till end of NY session you hear me!
The only way not to think about money is to have a great deal of it
  • #318,000
  • Jul 3, 2012 1:48pm Jul 3, 2012 1:48pm
Quoting Rasi
Hello nAVIN,

Long time no see. How are you doing these days?

I didn't realise that you are still holding onto your long. I thought you got out with a break even result. Anyway, all the best.

This thread has gone quiet but I guess it is summer time so maybe people are enjoying themselves. I only lurk and do not post that much (except for in IBB's thread).

Kind regards,
nope still in..u know me, stubborn as hell..
nice of u too comment back..hope yur trading very well?
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