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Cable Update (GBPUSD)

  • #324,481
  • Sep 18, 2012 1:59pm Sep 18, 2012 1:59pm
long EU 1.3035 for 1.3052 and above if that fails to 3064 and 3084
  • #324,482
  • Sep 18, 2012 2:01pm Sep 18, 2012 2:01pm
Quoting redbeben
long EU 1.3035 for 1.3052 and above if that fails to 3064 and 3084

1.61 on gu..then i might look for something to support long..
  • #324,483
  • Sep 18, 2012 2:07pm Sep 18, 2012 2:07pm
Quoting nAVIN2007
1.61 on gu..then i might look for something to support long..
if you'r lookin that low then you might as well look 20 pips lower
  • #324,484
  • Sep 18, 2012 2:11pm Sep 18, 2012 2:11pm
Quoting redbeben
if you'r lookin that low then you might as well look 20 pips lower
  • #324,485
  • Sep 18, 2012 2:15pm Sep 18, 2012 2:15pm
Quoting redbeben
long EU 1.3035 for 1.3052 and above if that fails to 3064 and 3084
scaled out + 10 praying for the rest
  • #324,486
  • Sep 18, 2012 2:55pm Sep 18, 2012 2:55pm
Quoting ForexBanshee
On BOJ intervention, the GJ goes up or down?
hard to tell

normally BOJ wants to ease the currency meaning to lower it's value against the crosses so UJ and GJ should go up

but you never know what the market's reaction will be

better stay away or if you are already in a trade....till wednesday morning you have plenty of time to secure the trade with a tight SL.

if your trade already underwater just bite the bullet and put a tight SL.if it hits it take it like a man and go on fighting another day.

I mean if you already in red do not risk even more with this rumor....as it might give you a margin call on some 500-700 pips move
  • #324,487
  • Sep 18, 2012 3:17pm Sep 18, 2012 3:17pm
time to chill-out and wait for a good trade set-up.
{Spam Removed}
  • #324,488
  • Sep 18, 2012 11:08pm Sep 18, 2012 11:08pm
the price is forming a bullish pendant in 4h chart.i guess the price might break and go up.can we aim the next weekly pivot 1.6327 ???
Attached Image (click to enlarge)
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  • #324,489
  • Sep 19, 2012 12:36am Sep 19, 2012 12:36am
Hi Everyone

For the past five years since i became a fulltime trader i have been on this forum at least 5 times a day. I was not really posting but learning and seeing other peoples views. I learned more from Forexfactory and espesially the Gbp/Usd thread. Here is really some great traders which one can look up to like Redbeben, Fontu, Poundtrader, Tau and Navin to name a few. Navin i have been following threwout his trade on the Gbp/Usd. You are all great traders.

Trading was good for me especially EurChf few years back ut one cannot trade it anymore. Trading was also an addiction to me something my wife said i will never be able to stop doing or spend less time doing. Maybe she is correct to say stop doing but from today i will only look at the markets once a day in the morning set my orders and come back the next day.

I want to thank all off you for everything and wishing you all of the best and keep up the good work.
  • #324,490
  • Sep 19, 2012 1:41am Sep 19, 2012 1:41am
Quoting Boertjie
Hi Everyone

For the past five years since i became a fulltime trader i have been on this forum at least 5 times a day. I was not really posting but learning and seeing other peoples views. I learned more from Forexfactory and espesially the Gbp/Usd thread. Here is really some great traders which one can look up to like Redbeben, Fontu, Poundtrader, Tau and Navin to name a few. Navin i have been following threwout his trade on the Gbp/Usd. You are all great traders.

Trading was good for me especially EurChf few years back ut one cannot...
yes trading can be an addiction, when i took my long term trade, this was one of the things i wanted to know myself...will i be able to stay in?
i used to over trade as well..

seemed to me trading long term is very different to intraday..especially with the news around the corner..anyway thank u for following my journey..its been rocky..lets hope it get better for both of us..

be lucky pal
  • #324,491
  • Sep 19, 2012 1:54am Sep 19, 2012 1:54am
i cant believe the range has been so small..i wont lie aint looking like dailly bears wanna win
  • #324,492
  • Sep 19, 2012 2:19am Sep 19, 2012 2:19am
Quoting nAVIN2007
i cant believe the range has been so small..i wont lie aint looking like dailly bears wanna win
no glad, i protected those shorts last night so came out with some profit. We need something to kick some direction and give some impetus....10 pip ranges ffs
  • #324,493
  • Sep 19, 2012 2:28am Sep 19, 2012 2:28am
Quoting nAVIN2007
i cant believe the range has been so small..i wont lie aint looking like dailly bears wanna win


gbp/usd is in Consolidation....it could take awhile.....for this train to turn around.
Impossible = 0
  • #324,494
  • Sep 19, 2012 2:34am Sep 19, 2012 2:34am
This puppy is going to at least 6300/30 before heading south. Maybe higher.
Ghost Rider - WWTBMD?
  • #324,495
  • Sep 19, 2012 2:39am Sep 19, 2012 2:39am
how's the trading guys
  • #324,496
  • Sep 19, 2012 2:43am Sep 19, 2012 2:43am
Quoting albchr
This puppy is going to at least 6300/30 before heading south. Maybe higher.

Thats the level Im waiting for, maybe up to around 1.6350 or higher still, maybe 1.6400
The only reason I state this is due to the majority of retail traders eyeing up 1.63 so could there not be one more push higher to execute stops before the long awaited bearish move to 1.5900/1.5800??

Just thinking out loud!
  • #324,497
  • Sep 19, 2012 2:43am Sep 19, 2012 2:43am
so far I see candle having trouble closing above 1.6267...
Impossible = 0
  • #324,498
  • Sep 19, 2012 2:49am Sep 19, 2012 2:49am
Quoting PoundTrader
how's the trading guys

slow..i should have waited..i only wanted a few pips the the range is even smaller
  • #324,499
  • Sep 19, 2012 2:51am Sep 19, 2012 2:51am
Quoting Freshpips
Thats the level Im waiting for, maybe up to around 1.6350 or higher still, maybe 1.6400
The only reason I state this is due to the majority of retail traders eyeing up 1.63 so could there not be one more push higher to execute stops before the long awaited bearish move to 1.5900/1.5800??

Just thinking out loud!

the only problem i have with this is..1.63 is last year high if that goes..why would u sell?
only way is if theres a sharp rejection..
  • #324,500
  • Sep 19, 2012 2:53am Sep 19, 2012 2:53am
Quoting nAVIN2007
slow..i should have waited..i only wanted a few pips the the range is even smaller
It's all your fault NAV!!

If you had only gone LONG like last time, we'd be at at 6000 by now.... ....

Cable is confused now. It NEEDS to go down but you went short so it can't...LOL
Ghost Rider - WWTBMD?
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