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Cable Update (GBPUSD)

  • #321,381
  • Aug 13, 2012 11:15am Aug 13, 2012 11:15am
Took Short in GU at 1.5686 for 10 pips scalp
Forex Learner
  • #321,382
  • Aug 13, 2012 11:28am Aug 13, 2012 11:28am
Short @1.5710 added 1.5700 added 1.5690
Loosening is not an option
  • #321,383
  • Aug 13, 2012 12:12pm Aug 13, 2012 12:12pm
Quoting nAVIN2007
its all abt the monthly doji and its impossible to know if it will hold or invalidate..obviously im long..lol

I'm on a short since 1.5715

prbably will get the hell out pretty soon or trail it to the abyss
  • #321,384
  • Aug 13, 2012 1:34pm Aug 13, 2012 1:34pm
Quoting redbeben
I'm on a short since 1.5715

prbably will get the hell out pretty soon or trail it to the abyss
The 5688-91 region is some stiff S as expected. Maybe another retest before we break through it.
  • #321,385
  • Aug 13, 2012 2:22pm Aug 13, 2012 2:22pm
i personally dont see short as an option to gain pips.
gold has reach it's strong support .. au too.. soo..

hmm.. well.. what do i know?? ofcourse i know nothing about the future
good luck to all of us.
  • #321,386
  • Aug 13, 2012 2:24pm Aug 13, 2012 2:24pm
lol
prices are going nowhere for a while.
give an objective eye on hourly charts (h1 - h4):
total sideway (or better total confused) pattern.

maybe a clear breaking of 5715-25 levels could give more bullish till 5780 (or more) but seems like still a lot of things to happen before that. and still bad up move in friday followed by a messed move today.

IMO gonna tank and get again near 5600 which is also interbank low price on sunday.

anyway, time will tell.
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90% of traders use TA, indicators and prediction
  • #321,387
  • Aug 13, 2012 5:29pm Aug 13, 2012 5:29pm
Quoting redbeben
I'm on a short since 1.5715

prbably will get the hell out pretty soon or trail it to the abyss
whats up, im short at 1.5703, s/l now at 1.5715, t/p 1.5595. lets see what happens
  • #321,388
  • Aug 13, 2012 6:15pm Aug 13, 2012 6:15pm
my mm lines tell me 5750 before anythig else lets see
  • #321,389
  • Edited 6:45pm Aug 13, 2012 6:29pm | Edited 6:45pm
Quoting PoundTrader
whats up, im short at 1.5703, s/l now at 1.5715, t/p 1.5595. lets see what happens
I hate reading stuff like this from a trader like PT when I'm long
Come with me if you want to live....
  • #321,390
  • Edited 8:26pm Aug 13, 2012 7:46pm | Edited 8:26pm
Quoting Ill-b-back
I hate reading stuff like this from a trader like PT when I'm long
lol, im not always right.
  • #321,391
  • Edited 8:10pm Aug 13, 2012 8:09pm | Edited 8:10pm
I hope you're right, i'm also short... I'm still selling,
  • #321,392
  • Aug 13, 2012 8:29pm Aug 13, 2012 8:29pm
Quoting garvo
I hope you're right, i'm also short... I'm still selling,
http://www.pic4ever.com/images/eghfal.gif your still selling
  • #321,393
  • Aug 13, 2012 8:33pm Aug 13, 2012 8:33pm
still buying short positions, i see cable below 5600
  • #321,394
  • Edited Aug 14, 2012 12:39am Aug 13, 2012 11:54pm | Edited Aug 14, 2012 12:39am
Quoting garvo
still buying short positions, i see cable below 5600
By some how, I see cable can climb to 15745 in London Time then 15825 in NY Opening today.

Yesterday, she moved from the day low @+/-15655 to the day high @+/-15725 before retracing back to 50% Fib @ +/- 15690 zone. She has consolidated quite well there without dropping like stone as used to be. Since 15 June 2012, the cable hardly stays high each time moving to 15700 & not breaking through. If we not count yesterday is Monday, that is very good consolidation. The bounce back from here should concern as sustainable move in my personal view. The pull train is about to leave the station now.

Any way, Forex market has its own logic as usual. Let wait & see
  • #321,395
  • Aug 14, 2012 12:37am Aug 14, 2012 12:37am
Took buy in GU @ 1.5697 for 25 pips target.. i hope price may move till 1.5755 or 1.5775
Forex Learner
  • #321,396
  • Aug 14, 2012 12:40am Aug 14, 2012 12:40am
Quoting rkr81
Took buy in GU @ 1.5697 for 25 pips target.. i hope price may move till 1.5755 or 1.5775
very possibly right. Good luck
  • #321,397
  • Aug 14, 2012 1:01am Aug 14, 2012 1:01am
Good day to you,

Entering short. SL 1.5720

Regards
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  • #321,398
  • Aug 14, 2012 1:15am Aug 14, 2012 1:15am
the higher we go the better the sell
  • #321,399
  • Aug 14, 2012 1:15am Aug 14, 2012 1:15am
Quoting TauTrader
Good day to you,

Entering short. SL 1.5720

Regards
that will take out my s/l at 1.5715
  • #321,400
  • Aug 14, 2012 1:18am Aug 14, 2012 1:18am
im short at 1.57 but im afraid of see first 1.5747
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