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Cable Update (GBPUSD)

  • #318,821
  • Jul 16, 2012 8:10am Jul 16, 2012 8:10am
Quoting redbeben
oopppss...I think I'll kill this trade in baby size(some 10-20 pips only)
just don't like the M30 and H4 how it looks like

M30 about to grow a perfect buy and H4 ...well if we close above 1.5589 we hit 1.5620 for sure and maybe draw higher high @ 1.5692

aaaannnd out for 10 pips as I said....minus
  • #318,822
  • Jul 16, 2012 8:18am Jul 16, 2012 8:18am
Quoting redbeben
aaaannnd out for 10 pips as I said....minus
hi
how confident are you it will go long? as it is retracing or you think it is temp retrace before it bounce back higher
  • #318,823
  • Jul 16, 2012 8:25am Jul 16, 2012 8:25am
Quoting Niranj
hi
how confident are you it will go long? as it is retracing or you think it is temp retrace before it bounce back higher
1.5545-50 area as good to load more longs .

maybe it will not pick up today....even if the yanks are waiting to jump in but tmr Uncle Ben will say something about QE3 following the results we had today.

but this is purely a hunch.based on indies,1.5618 first and 1.5660 are next targets even if 1.5660 is in the air so I'd go for 1.5692 and from that point we'll see.

M30 kind of formed the buy entry
  • #318,824
  • Jul 16, 2012 8:31am Jul 16, 2012 8:31am
Quoting redbeben
1.5545-50 area as good to load more longs .

maybe it will not pick up today....even if the yanks are waiting to jump in but tmr Uncle Ben will say something about QE3 following the results we had today.

but this is purely a hunch.based on indies,1.5618 first and 1.5660 are next targets even if 1.5660 is in the air so I'd go for 1.5692 and from that point we'll see.

M30 kind of formed the buy entry
wow...I look into the mirror and I amaze myself.is it really me ? thet handsome just rich guy ?

I have on trailed buy half lot since 1.5575 and SL @ 1.5612..oooppss out for 37 pips
  • #318,825
  • Jul 16, 2012 8:33am Jul 16, 2012 8:33am
1.5570-72 is now next long loading platform..it might dip till S @ 1.5547 but eitherway I'll load there .

I'm short on EU now for 30 pips profit .

praying again
  • #318,826
  • Jul 16, 2012 8:33am Jul 16, 2012 8:33am
Quoting redbeben
wow...I look into the mirror and I amaze myself.is it really me ? thet handsome just rich guy ?

I have on trailed buy half lot since 1.5575 and SL @ 1.5612..oooppss out for 37 pips
lol
  • #318,827
  • Jul 16, 2012 8:37am Jul 16, 2012 8:37am
Quoting oathbreaker
Take a look at my live chart...I am still trading...

Already +400 pips for this week on all trades...

This is not to hurt some one...but this is what i do...be in the market all the time to know the market...
Good on ya mate, good on ya, I suppose all your sl's were around 5620

Don't get mad, get even!
  • #318,828
  • Jul 16, 2012 8:40am Jul 16, 2012 8:40am
as top targets I would add long desired 1.5784 but that one will be hard to brake.

if Ben sings about QE it will be no problem to pass through that level like a butter through knife..or the other way around

but,fundies talking let's not forget EU is falling apart and we will have the big reset soon...and this will take Ireland with it and UK go to war with Germany for it and soon UK will sink....with it's GBP too.

really now,I hope we'll see higher levels but weekly tells me ''au contraire''


p.s. do not take what I say for granted.I live in a sunny place and rink a lot of beer...I am probably wrong in 90% of what I say and post.use your own MM and trading setups and rules and step by step you will learn how to make money.
  • #318,829
  • Jul 16, 2012 8:42am Jul 16, 2012 8:42am
Quoting redbeben
1.5570-72 is now next long loading platform..it might dip till S @ 1.5547 but eitherway I'll load there .

I'm short on EU now for 30 pips profit .

praying again
here I take back what market unfairly took from me

it was one moment of distraction and boom,I was stolen.

sweet revenge
Attached Image (click to enlarge)
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  • #318,830
  • Jul 16, 2012 8:44am Jul 16, 2012 8:44am
novice traders like me need to realize, every time you place a first look at how much you are going to loose on a trade before thinking of any uncertain gains. loosing is certain winning is not
  • #318,831
  • Jul 16, 2012 8:47am Jul 16, 2012 8:47am
Quoting Niranj
novice traders like me need to realize, every time you place a first look at how much you are going to loose on a trade before thinking of any uncertain gains. loosing is certain winning is not
heeyyy..you already talk like a grown man

all my respect to you
  • #318,832
  • Jul 16, 2012 8:56am Jul 16, 2012 8:56am
Quoting redbeben
heeyyy..you already talk like a grown man

all my respect to you
Thanks a lot for the vouch and helping me all the time. i was trading sensibly until i messed up my last trade loading more positions for no reasons. need to learn from it .
going away for few hours to refresh my mind again, hope fully GU will retrace by then.
  • #318,833
  • Jul 16, 2012 9:37am Jul 16, 2012 9:37am
Quoting redbeben
here I take back what market unfairly took from me

it was one moment of distraction and boom,I was stolen.

sweet revenge

  • #318,834
  • Jul 16, 2012 10:02am Jul 16, 2012 10:02am
Quoting redbeben
1.5570-72 is now next long loading platform..it might dip till S @ 1.5547 but eitherway I'll load there .

I'm short on EU now for 30 pips profit .

praying again
order placed @ 1.5560 TP 1.5660 and trailed SL 1.5525-30

see ya
  • #318,835
  • Jul 16, 2012 10:05am Jul 16, 2012 10:05am
i'm babysitting a long position in EU....

......




...................
90% of traders use TA, indicators and prediction
  • #318,836
  • Jul 16, 2012 10:06am Jul 16, 2012 10:06am
good day to you,

Short off the one 2 one

Confirmed by MACD. Will see. 4hr.

Regards
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  • #318,837
  • Jul 16, 2012 10:14am Jul 16, 2012 10:14am
i could decide to close it if no HH today above 2280.
the sucker could print a damn triangle.
i hate triangles.

anyway i already scaled out something and added and scaled again so.... worst scenario is a small profit
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90% of traders use TA, indicators and prediction
  • #318,838
  • Jul 16, 2012 10:34am Jul 16, 2012 10:34am
i hope everybody is long in GU.
i missed entry today because i was already overleveraged with EU and Xau and i didn't like a lot when price was 5520 n was waiting bit more down near 5480... happens.

good luck you all
90% of traders use TA, indicators and prediction
  • #318,839
  • Jul 16, 2012 10:41am Jul 16, 2012 10:41am
Entered Short on GU 1.5638, SL 1.5660. Risky trade , if it breaches the trend line above,i will close the position
Attached Image (click to enlarge)
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  • #318,840
  • Jul 16, 2012 10:52am Jul 16, 2012 10:52am
Quoting Niranj
Entered Short on GU 1.5638, SL 1.5660. Risky trade , if it breaches the trend line above,i will close the position
could work
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