B.O.S
Cable Update (GBPUSD)
- #318,761
- Jul 13, 2012 1:45pm Jul 13, 2012 1:45pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #318,762
- Jul 13, 2012 1:48pm Jul 13, 2012 1:48pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
thursday lead into friday and i never let trades go into friday, it was wensday, t/p got hit on thursday, i never jump in on the long because that would of lead me into friday
Maybe I really am stoned
It's even recorded in my FF journal (32 hrs ago).
Come with me if you want to live....
- #318,763
- Jul 13, 2012 1:50pm Jul 13, 2012 1:50pm
- | Commercial User | Joined Feb 2010 | 2,739 Posts
I will put a pending sell @ 1,5575 (1.5576-77 is this week's high) only for a scalp.
even if no full retrace sign yet
we might see 1.5610 but don't think there is enough time and steam to push it there.
next week maybe.
don't forget that 1.5620-23 is the line in the sand.above it we go to 1.5700-5770
below it we visit 1.5400 again.
trade safe and always put the SL
oh man,I'm so glad I did not short earlier 
my short scalp triggered now...SL 1.5600 (1.5591-92 should limit it according to my calculations...no techs for this ) and TP 1.5520 and from that point trail but,as I said,1.5555 is midpoint (1.5534 is a MA100 as well) but,again acording to my calculations price will stop around 1.5538 first time and bounce....if all goes acc to plan and we don't have any gap on monday morning.
from that 1.5538 (considering that we don't have any bounce and we crossed the midpoint we head lower for 1.5485
on the upside if we brake and close above 1.5609(1.5592 to be precise) a h4 candle we head to 1.5722
- #318,764
- Jul 13, 2012 3:10pm Jul 13, 2012 3:10pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #318,765
- Jul 13, 2012 5:14pm Jul 13, 2012 5:14pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
price closed just around monthly pivot.
next week will be the perfect scenario to look at reactions in weekly pivot area... can be reasons for long to target higher or to close longs and reverse short.
market will move, time will give answers. no predictions!
a prediction is already a bias and trading biased is wrong.
have a good week end
@navin: yes imo there is still reasons to go for higher major weekly TL near 1.65 but hard to say now. at least, orders near 1.54 are confirmed, and still running. if anything, is a good sign for possible more up. the "how much" is not known
next week will be the perfect scenario to look at reactions in weekly pivot area... can be reasons for long to target higher or to close longs and reverse short.
market will move, time will give answers. no predictions!
a prediction is already a bias and trading biased is wrong.
have a good week end
@navin: yes imo there is still reasons to go for higher major weekly TL near 1.65 but hard to say now. at least, orders near 1.54 are confirmed, and still running. if anything, is a good sign for possible more up. the "how much" is not known
90% of traders use TA, indicators and prediction
- #318,766
- Jul 13, 2012 5:36pm Jul 13, 2012 5:36pm
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #318,767
- Edited 6:14pm Jul 13, 2012 5:50pm | Edited 6:14pm
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #318,768
- Jul 13, 2012 8:41pm Jul 13, 2012 8:41pm
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #318,770
- Jul 13, 2012 9:10pm Jul 13, 2012 9:10pm
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
ahhhaaaaaaa... kiss kumo bottom kiss resistance ? not break it yet ....
kiss resistance ? not break it yet ....?
not euphoria follower
- #318,772
- Jul 14, 2012 7:47am Jul 14, 2012 7:47am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
I shorted from 5450 on Thursday the 12th, I'm sure of it.
Maybe I really am stoned
It's even recorded in my FF journal (32 hrs ago).
G/L
ex member
- #318,773
- Jul 14, 2012 3:11pm Jul 14, 2012 3:11pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Yeah I should have collected profit when it hit 54 as per my original plan.
Ill add 1 more in around 5655 then I'll cut them lose if they break 5660 area of strong confluence and strong resistance.
Yeah it's very bullish, but good things come in 3's as they say
Ill add 1 more in around 5655 then I'll cut them lose if they break 5660 area of strong confluence and strong resistance.
Yeah it's very bullish, but good things come in 3's as they say
Come with me if you want to live....
- #318,774
- Jul 14, 2012 4:15pm Jul 14, 2012 4:15pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #318,775
- Jul 14, 2012 4:34pm Jul 14, 2012 4:34pm
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
mate...
let see where 2012 open line, refer to your fibo and refer to usdx, i could understand about 23.4 ( around 1.550xx ). but back to friday/thursdat low... i will look how market close in monday first.
just my imho
http://www.forexfactory.com/attachme...1&d=1342236639
http://www.forexfactory.com/attachme...1&d=1342191254
http://www.forexfactory.com/attachme...1&d=1342174448
let see where 2012 open line, refer to your fibo and refer to usdx, i could understand about 23.4 ( around 1.550xx ). but back to friday/thursdat low... i will look how market close in monday first.
just my imho
http://www.forexfactory.com/attachme...1&d=1342236639
http://www.forexfactory.com/attachme...1&d=1342191254
http://www.forexfactory.com/attachme...1&d=1342174448
Yeah I should have collected profit when it hit 54 as per my original plan.
Ill add 1 more in around 5655 then I'll cut them lose if they break 5660 area of strong confluence and strong resistance.
Yeah it's very bullish, but good things come in 3's as they say
not euphoria follower
- #318,776
- Jul 14, 2012 5:43pm Jul 14, 2012 5:43pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #318,777
- Jul 15, 2012 2:07am Jul 15, 2012 2:07am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #318,779
- Jul 15, 2012 3:05am Jul 15, 2012 3:05am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #318,780
- Edited 4:01pm Jul 15, 2012 2:53pm | Edited 4:01pm
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member