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Cable Update (GBPUSD)

  • #319,201
  • Jul 19, 2012 3:34pm Jul 19, 2012 3:34pm
i too look for the reversal. not sure why. i know when i was younger and gambled on sports teams, i enjoyed taking the points and rooting for the underdog. i think i tend to do that in trading as well. i look for the underdog trade thinking i've found it. always amazing how often i can be wrong and the market continues to move in the direction of the main trend.
  • #319,202
  • Jul 19, 2012 3:35pm Jul 19, 2012 3:35pm
forgot chart
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd0719.jpg Size: 147 KB
  • #319,203
  • Jul 19, 2012 4:13pm Jul 19, 2012 4:13pm
anyone else got a 7 pip spread right now?
Money never sleeps...
  • #319,204
  • Jul 19, 2012 4:54pm Jul 19, 2012 4:54pm
price shoots down ten pips and the ask line stays the same, not fair me thinks....
Money never sleeps...
  • #319,205
  • Jul 19, 2012 4:57pm Jul 19, 2012 4:57pm
Quoting Pakde Profit
Possible
welldone on reply to the post from quickie from 2000 BC

nice first post in here
  • #319,206
  • Jul 19, 2012 5:00pm Jul 19, 2012 5:00pm
I'm watching the double top near the 50 fib.
Come with me if you want to live....
  • #319,207
  • Jul 19, 2012 6:35pm Jul 19, 2012 6:35pm
Quoting nAVIN2007
welldone on reply to the post from quickie from 2000 BC

nice first post in here

a classic
Money never sleeps...
  • #319,208
  • Jul 19, 2012 7:03pm Jul 19, 2012 7:03pm
closed last trade short at -4pips and will re-enter with the trend at the .236 fib from daily low to high.

would like to see this run bullish until later in the london session and catch a bearish run.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd0719.jpg Size: 129 KB
  • #319,209
  • Jul 19, 2012 7:19pm Jul 19, 2012 7:19pm
unreal. i sat on that short all day. just my LUCK. at least my long didn't trigger.
  • #319,210
  • Jul 19, 2012 7:40pm Jul 19, 2012 7:40pm
Took a nibble short. 1hr bearish Butt. (Disclaimer: Don't follow me you could and most likely will lose all your money!!)
Attached Image (click to enlarge)
Click to Enlarge Name: gu bearish butt.jpg Size: 65 KB
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #319,211
  • Jul 19, 2012 8:06pm Jul 19, 2012 8:06pm
Quoting CNTrader
Took a nibble short. 1hr bearish Butt. (Disclaimer: Don't follow me you could and most likely will lose all your money!!)
Nice nibble that
I am with you
Come with me if you want to live....
  • #319,212
  • Jul 19, 2012 10:33pm Jul 19, 2012 10:33pm
Quoting nAVIN2007
welldone on reply to the post from quickie from 2000 BC

nice first post in here
, i agree with him nothing impossible mate....
  • #319,213
  • Jul 19, 2012 10:36pm Jul 19, 2012 10:36pm
Quoting inpatient
anyone else got a 7 pip spread right now?
yes iam, but nearly 7, i am 6 for cable..., 5 pips is commission and 1 pips for spread....

so i have to wait for 6 pips before talk about profit....
  • #319,214
  • Jul 19, 2012 10:43pm Jul 19, 2012 10:43pm
and another shark bearish as main pattern

double bearish then ??

***
waiting confirmation in 15 minutes for reversal
http://www.forexfactory.com/attachme...1&d=1342680582

Quoting CNTrader
Took a nibble short. 1hr bearish Butt. (Disclaimer: Don't follow me you could and most likely will lose all your money!!)
not euphoria follower
  • #319,215
  • Jul 19, 2012 10:46pm Jul 19, 2012 10:46pm
only 1.3 pip here
Quoting inpatient
anyone else got a 7 pip spread right now?
not euphoria follower
  • #319,216
  • Jul 19, 2012 10:50pm Jul 19, 2012 10:50pm
[quote=iqyu5an;5859345]and another shark bearish as main pattern

double bearish then ??

***
waiting confirmation in 15 minutes for reversal
http://www.forexfactory.com/attachme...1&d=1342680582[/quot
my butterfly at 1H Tf also said the same, it is also touching BB upperline of 4H TF, indicator very strong.....but as usual this pair is terminator, it is possibble to move up again to hit all SL of sellers and go down.....so be carefull!!....

What broker do you mean mate....
  • #319,217
  • Jul 19, 2012 10:54pm Jul 19, 2012 10:54pm
[quote=Red Alert;5859358]
Quoting iqyu5an
and another shark bearish as main pattern

double bearish then ??

***
waiting confirmation in 15 minutes for reversal
http://www.forexfactory.com/attachme...1&d=1342680582[/quot
my butterfly at 1H Tf also said the same, it is also touching BB upperline of 4H TF, indicator very strong.....but as usual this pair is terminator, it is possibble to move up again to hit all SL of sellers and go down.....so be carefull!!....

What broker do you mean mate....
at what level do you think it will break all stop losses? it seems to me that this is the way things seems to play out. As though someone actually has the precise number to hit to clear out everyone, place their own short and watch the market fall from grace. Is it Barclays? mmmm
Money never sleeps...
  • #319,218
  • Jul 19, 2012 11:03pm Jul 19, 2012 11:03pm
[quote=inpatient;5859364]
Quoting Red Alert

at what level do you think it will break all stop losses? it seems to me that this is the way things seems to play out. As though someone actually has the precise number to hit to clear out everyone, place their own short and watch the market fall from grace. Is it Barclays? mmmm
I don't know exzactly, but most of trader like to use fibo for placing their stop losses or above strong resistance, the next resistance level above previous high is 1.575x, 1.578x....so let see what next....
  • #319,219
  • Edited 11:25pm Jul 19, 2012 11:12pm | Edited 11:25pm
TF : 4H
http://www.forexfactory.com/attachme...5&d=1342757395

TF : 8H
http://www.forexfactory.com/attachme...3&d=1342757247


Quoting iqyu5an
and another shark bearish as main pattern

double bearish then ??

***
waiting confirmation in 15 minutes for reversal
http://www.forexfactory.com/attachme...1&d=1342680582
not euphoria follower
  • #319,220
  • Jul 20, 2012 1:11am Jul 20, 2012 1:11am
lets wait and see if it holds
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