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Cable Update (GBPUSD)

  • #320,741
  • Aug 6, 2012 10:00am Aug 6, 2012 10:00am
Quoting _BBKing_
same here.
posted earlier... 5572 phone call to 5588.
then if 5594 byebye at least till 5615-25 WP area where i will cash something.

SBAM!
90% of traders use TA, indicators and prediction
  • #320,742
  • Aug 6, 2012 10:02am Aug 6, 2012 10:02am
Quoting redbeben
in this case....there's only us controlling the price ?

we're the kings of the markeeetttttttt

muhahahahahahahah


i'm already thinking about my name in my new identity
90% of traders use TA, indicators and prediction
  • #320,743
  • Aug 6, 2012 10:04am Aug 6, 2012 10:04am
i love this

manual close just few pips before my first tp.
still holding main position.
90% of traders use TA, indicators and prediction
  • #320,744
  • Aug 6, 2012 10:08am Aug 6, 2012 10:08am
Quoting fx trader jo
GBP/USD - I looking for ASCENDING TRIANGLE In GBP/USD. As per my Elliott Wave Count 'd' wave will fall upto lower trend line of the triangle. After touching the line I am expecting another 3 waves that is 'e' wave.
http://lnkd.in/G6Gh-x
so based in what you say you expect price to reach again top range near 5770?
90% of traders use TA, indicators and prediction
  • #320,745
  • Aug 6, 2012 10:16am Aug 6, 2012 10:16am
I hope we see 1.57xx soon.

GL and Happy Trading
Attached Image (click to enlarge)
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Numbers NEVER Lie
  • #320,746
  • Aug 6, 2012 10:21am Aug 6, 2012 10:21am
Quoting ZizoFX
I hope we see 1.57xx soon.

GL and Happy Trading

me too so i can jump on some shorts, im shorting anything 1.57xxx and buying anything 1.54xxx this week.
Money never sleeps...
  • #320,747
  • Aug 6, 2012 10:27am Aug 6, 2012 10:27am
Quoting inpatient
me too so i can jump on some shorts, im shorting anything 1.57xxx and buying anything 1.54xxx this week.
Good move, I went long at 1.5580, now looking to close my trade.. Or wait until it hits the 1.57 barrier.. This could take some time ..
  • #320,748
  • Aug 6, 2012 10:35am Aug 6, 2012 10:35am
Quoting inpatient
me too so i can jump on some shorts, im shorting anything 1.57xxx and buying anything 1.54xxx this week.
Keep your eyes on the Daily Candle just to be on the safe side. If it closes bullish then I will not be looking to short GBP until price suggests a reversal.

As for the EUR, the daily candles of 24th and 25th of July suggested a Bullish engulfing pattern which gives more confirmation on the bull side in my opinion. At least we should see a 500 pips move to the upside before any signs of reversal.

Just my 2 cents.

GL Bro
Numbers NEVER Lie
  • #320,749
  • Aug 6, 2012 10:59am Aug 6, 2012 10:59am
decided to close whole @5630 few minutes ago.
no matter where price will go. profits is profits and tomorrow is another day.

good luck
byebye
90% of traders use TA, indicators and prediction
  • #320,750
  • Aug 6, 2012 11:00am Aug 6, 2012 11:00am
Took a small long scalp @ 5619 tp 10 pips
  • #320,751
  • Aug 6, 2012 11:04am Aug 6, 2012 11:04am
Quoting roreki
Took a small long scalp @ 5619 tp 10 pips
i am out +5 , what a lazy day
  • #320,752
  • Aug 6, 2012 11:31am Aug 6, 2012 11:31am
Quoting roreki
i am out +5 , what a lazy day
It's the dog days of summer!
  • #320,753
  • Aug 6, 2012 12:25pm Aug 6, 2012 12:25pm
Quoting Makavelli7
im long now at 1.5561 target 1.5650 stop 1.5500
took profit at 1.5632.
The only way not to think about money is to have a great deal of it
  • #320,754
  • Aug 6, 2012 1:36pm Aug 6, 2012 1:36pm
Closed all EU shorts for now. GU shorts still workin for me.
Attached Image (click to enlarge)
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"My 2 cents"
  • #320,755
  • Aug 6, 2012 1:50pm Aug 6, 2012 1:50pm
Middle of the road, but I have short bias at the moment due to grey trendline. R1 pivot break will encourage a long, S1 Pivot will add to short.
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"My 2 cents"
  • #320,756
  • Aug 6, 2012 2:09pm Aug 6, 2012 2:09pm
Quoting Makavelli7
took profit at 1.5632.

I'm now off to work to make my money back

Out +18
Come with me if you want to live....
  • #320,757
  • Aug 6, 2012 2:20pm Aug 6, 2012 2:20pm
Quoting Stimulus
Middle of the road, but I have short bias at the moment due to grey trendline. R1 pivot break will encourage a long, S1 Pivot will add to short.
I reckon it's 50/50

Inserted Video


I's got to know...
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Come with me if you want to live....
  • #320,758
  • Aug 6, 2012 5:15pm Aug 6, 2012 5:15pm
ok im gonna take a long here at 1.5597, s/l 1.5542, t/p 1.5722
  • #320,759
  • Aug 6, 2012 5:54pm Aug 6, 2012 5:54pm
We are now below both TF 200EMAs but best to wait for a break I'd think. Unfortunately I am impatient and not at charts at all today/tonight due to work.
so letting the chips fall where they may.
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Come with me if you want to live....
  • #320,760
  • Aug 6, 2012 6:18pm Aug 6, 2012 6:18pm
Quoting PoundTrader
ok im gonna take a long here at 1.5597, s/l 1.5542, t/p 1.5722
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