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Cable Update (GBPUSD)

  • #321,401
  • Aug 14, 2012 1:19am Aug 14, 2012 1:19am
bull trap or break?
waiting sell from top,major trend weekly rejection.wednesday or thursday will show the momentum.

"going out go for shopping,leave my bulls.be back on us season"

patient is my attitude, rushing is a dog
  • #321,402
  • Aug 14, 2012 1:38am Aug 14, 2012 1:38am
Quoting joop
bull trap or break?
waiting sell from top,major trend weekly rejection.wednesday or thursday will show the momentum.

"going out go for shopping,leave my bulls.be back on us season"

"bulls be back" is he telling me something
The 38.2 retrace from the monthly chart major swing high to swing low was resistance last week and broken on Friday.

I'm seeing if it holds.
Come with me if you want to live....
  • #321,403
  • Aug 14, 2012 1:42am Aug 14, 2012 1:42am
-
http://babypips.cachefly.net/school/...divergence.png
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not euphoria follower
  • #321,404
  • Aug 14, 2012 2:28am Aug 14, 2012 2:28am
I don't generally like trend trading but having a shot with a small size.
Targetting the 50 fib.

Let's see...
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Come with me if you want to live....
  • #321,405
  • Aug 14, 2012 2:55am Aug 14, 2012 2:55am
Oh well lets se what surprise will it give us in 30 min "life or death"
Loosening is not an option
  • #321,406
  • Edited 4:29am Aug 14, 2012 4:12am | Edited 4:29am
Quoting Darkforce
Still bounded by the channel, bulls lack the willingness to go high.
It if doesn't go up then it has to do down. Is it very likely that we gonna see a 4H bearish engulfing bar heading into US session
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  • #321,407
  • Aug 14, 2012 4:16am Aug 14, 2012 4:16am
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  • #321,408
  • Aug 14, 2012 5:46am Aug 14, 2012 5:46am
Looking bullish at present as yesterdays high has been taken out. We will look at shorts from the 200 daily MA at 15750. Will also load another short at 15782 (Top Bollinger).

Target 1- 1.5700 to 1.5685

happy trading to all
Dream Big and Dare to Fail
  • #321,409
  • Aug 14, 2012 5:58am Aug 14, 2012 5:58am
nice flag but support on H1 near.
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  • #321,410
  • Aug 14, 2012 6:37am Aug 14, 2012 6:37am
up from h1. i think alredy
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  • #321,411
  • Aug 14, 2012 6:50am Aug 14, 2012 6:50am
Quoting PoundTrader
that will take out my s/l at 1.5715
Good day to you,

Sorry - was out.

Have to agree with you here... I'm moving my stop away to above 1.5740. EU and GU has similar setups at present and, for me, it's got a higher probability to move lower, than sustainably higher.

Could go up slightly more - but I am favouring downside.

Let's see what happens...

Regards
  • #321,412
  • Aug 14, 2012 6:53am Aug 14, 2012 6:53am
Quoting TauTrader
Good day to you,

Sorry - was out.

Have to agree with you here... I'm moving my stop away to above 1.5740. EU and GU has similar setups at present and, for me, it's got a higher probability to move lower, than sustainably higher.

Could go up slightly more - but I am favouring downside.

Let's see what happens...

Regards
My bias as well Tau. Posted my chart in my journal.
  • #321,413
  • Aug 14, 2012 6:54am Aug 14, 2012 6:54am
Quoting TauTrader
Good day to you,

Sorry - was out.

Have to agree with you here... I'm moving my stop away to above 1.5740. EU and GU has similar setups at present and, for me, it's got a higher probability to move lower, than sustainably higher.

Could go up slightly more - but I am favouring downside.

Let's see what happens...

Regards
im doing fine.
  • #321,414
  • Aug 14, 2012 6:58am Aug 14, 2012 6:58am
Quoting calderone
My bias as well Tau. Posted my chart in my journal.
Good day to you, sir

nice to "see" you..

As you well know - I trade indicators... some say that is bound to fail... anyway....

It does look like a bit of a squeeze - doesn't it...

All the best!

Regards
  • #321,415
  • Aug 14, 2012 6:59am Aug 14, 2012 6:59am
Quoting PoundTrader
im doing fine.
That does not surprise me...

I know you are..

May the force be with us.

Regards
  • #321,416
  • Aug 14, 2012 7:03am Aug 14, 2012 7:03am
Quoting TauTrader
That does not surprise me...

I know you are..

May the force be with us.

Regards
the force is with me http://www.easyfreesmileys.com/smile...mileys-587.gif
  • #321,417
  • Aug 14, 2012 7:10am Aug 14, 2012 7:10am
Quoting PoundTrader
the force is with me http://www.easyfreesmileys.com/smile...mileys-587.gif
Not even a bone left....

Gmf...

The forex monster in full action there..

Now I worry

Regards
  • #321,418
  • Aug 14, 2012 7:37am Aug 14, 2012 7:37am
Personally, I'm hoping the force is with the Pound
Come with me if you want to live....
  • #321,419
  • Aug 14, 2012 7:49am Aug 14, 2012 7:49am
Quoting PoundTrader
whats up, im short at 1.5703, s/l now at 1.5715, t/p 1.5595. lets see what happens

finally so I can copy the trade.what took you so long ??
  • #321,420
  • Aug 14, 2012 7:57am Aug 14, 2012 7:57am
Quoting redbeben
finally so I can copy the trade.what took you so long ??
good day to you,

Why are you giving away my edge?

I was first with the trade copy...
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