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Cable Update (GBPUSD)

  • #321,001
  • Aug 8, 2012 7:23am Aug 8, 2012 7:23am
Quoting redbeben
now how on world did you know that ?
Hi mate, tp1 is 50% fibo, TP2 and TP3 is what BBking called "HOLY GRAIL"
Show mw your grail, and i will show you....

ok first fibo 38.2 1.5635 should be done first...
  • #321,002
  • Aug 8, 2012 7:26am Aug 8, 2012 7:26am
Quoting Red Alert
Hi mate, tp1 is 50% fibo, TP2 and TP3 is what BBking called "HOLY GRAIL"
Show mw your grail, and i will show you....

ok first fibo 38.2 1.5635 should be done first...
ahha
i never called anything the "holy grail" lol!

maybe was talking about it saying "what if people could trade with an holy grail? i guess most would find reasons to use it wrong!
or something like that....
90% of traders use TA, indicators and prediction
  • #321,003
  • Aug 8, 2012 7:28am Aug 8, 2012 7:28am
btw... the holy grail say that yesterday's top will be taken out.
problem with the holy grail is that doesn't say WHEN!
so let's see
90% of traders use TA, indicators and prediction
  • #321,004
  • Aug 8, 2012 7:28am Aug 8, 2012 7:28am
Quoting _BBKing_
ahha
i never called anything the "holy grail" lol!

maybe was talking about it saying "what if people could trade with an holy grail? i guess most would find reasons to use it wrong!
or something like that....
Ok i agree with "something like that"
  • #321,005
  • Aug 8, 2012 7:41am Aug 8, 2012 7:41am
joined the short party @5654.
more an hedged than a short since i'm still holding long.
in few words i locked my position.
lol
90% of traders use TA, indicators and prediction
  • #321,006
  • Aug 8, 2012 7:43am Aug 8, 2012 7:43am
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  • #321,007
  • Aug 8, 2012 8:06am Aug 8, 2012 8:06am
Still maintain my target 1.5450 no matter what
  • #321,008
  • Aug 8, 2012 8:06am Aug 8, 2012 8:06am
short stopped @be.
way too much tight trailing stop.
i thought on a fast move.
cutted more of my long @5650 or so.
i let things to run, i hate NY beginning of NY session and i already done my day even if now price reverse down 14.500pips

byebye,
good luck you all
90% of traders use TA, indicators and prediction
  • #321,009
  • Aug 8, 2012 9:00am Aug 8, 2012 9:00am
Quoting redbeben
woowwww...I woke up late and I missed the fight ?



I wanna be in wanna be in

I'll start


I AM THE BEST TRADER IN THE UNIVERSE beat that if you can you...the rest of the mortals

actually...most of you know I have a strange sense of humour (basically nobody gets what I say) but as this is a trading place we could stick to the basic rule of dominance(I have 7 dogs and I know how to behave in a pack)

if one of the dogs threats the alfa male he just stands still and looks elsewhere or could not care less about the other...
classic, made me laugh, which i think we need right now
Money never sleeps...
  • #321,010
  • Aug 8, 2012 9:08am Aug 8, 2012 9:08am
it seems that moves are being capped beneath 1.5675 and the more this happens is leading me to feel we are now more likely to see a retest of the lower trendlines initially touching 1.552.

A break beneath might see 1.5485 and beyond that 1.546 and finally the low from july at 1.541

If we can break the 1.5675 mark then all bets are off for me (well maybe short from 1.572)
Money never sleeps...
  • #321,011
  • Aug 8, 2012 9:22am Aug 8, 2012 9:22am


Quoting iqyu5an
good job mr king - boe .
not euphoria follower
  • #321,012
  • Aug 8, 2012 9:33am Aug 8, 2012 9:33am
Hello.

My Gu map.

Health for all.
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Just for today ...
  • #321,013
  • Aug 8, 2012 10:07am Aug 8, 2012 10:07am
90% of traders use TA, indicators and prediction
  • #321,014
  • Aug 8, 2012 10:10am Aug 8, 2012 10:10am
Good day to you,

Just popping in to see how you are all doin'...

Should today close as a bullish bar - which it will likely do, I will enter short at the open of the new daily candle.

I wish you all success

Regards
  • #321,015
  • Aug 8, 2012 10:44am Aug 8, 2012 10:44am
Quoting TauTrader
Good day to you,

Just popping in to see how you are all doin'...

Should today close as a bullish bar - which it will likely do, I will enter short at the open of the new daily candle.

I wish you all success

Regards
and may i know your target? as for the weekly, it should close as a bullish bar too which make your short is pretty risky. from weekly point of view and H&S Pattern.
  • #321,016
  • Aug 8, 2012 11:00am Aug 8, 2012 11:00am
patterns so far this week have been down during asian session, up in the European window and then down throughout the US window. With the close coming in less than 30 pips from the open.

1.562 at the end of the daily candle.
Money never sleeps...
  • #321,017
  • Aug 8, 2012 11:02am Aug 8, 2012 11:02am
Quoting PoundTrader
ok im still long at 1.5597, s/l 1.5542, t/p has change to 1.5682, if wensday close above 1.5670 then i will short
  • #321,018
  • Aug 8, 2012 11:02am Aug 8, 2012 11:02am
Quoting TauTrader
Good day to you,

Just popping in to see how you are all doin'...

Should today close as a bullish bar - which it will likely do, I will enter short at the open of the new daily candle.

I wish you all success

Regards
hi mr.Tau,
just yesterday was asking myself where you disappeared! lol
glad to see you

how are things going in this ping pong market?
90% of traders use TA, indicators and prediction
  • #321,019
  • Aug 8, 2012 11:03am Aug 8, 2012 11:03am
Quoting PoundTrader

c'mon you want me to believe you did not close for that 1-2 pips???
90% of traders use TA, indicators and prediction
  • #321,020
  • Aug 8, 2012 11:04am Aug 8, 2012 11:04am
Quoting mloistianto
and may i know your target? as for the weekly, it should close as a bullish bar too which make your short is pretty risky. from weekly point of view and H&S Pattern.
Good day to you, sir

I'm always against the herd. Might not make sense...

I do not have TP at the moment. Indicators will decide when we get there...

BUT - I do not believe 1.5750 will go. If it does - surely not 1.5777.

If the weekly bar close bullish - even more reason to short (for me)

Risky? Yes.

All success

Regards
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