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Cable Update (GBPUSD)

  • #324,801
  • Sep 21, 2012 9:19am Sep 21, 2012 9:19am
Quoting redbeben
1.6275-1.6268-69-66 -1.6261-57

1.3003-05-2993-2981

0.9310-9318-9326

bleah 5 min and we see a direction

one more hour and we touch TP3 or not
done ?

not yet

I want my last TP on GU and we're even
  • #324,802
  • Sep 21, 2012 9:37am Sep 21, 2012 9:37am
they're trying to shake the fruit from the tree here, and by fruit I mean us
  • #324,803
  • Sep 21, 2012 9:42am Sep 21, 2012 9:42am
she is definitely going to blow, the question is which way?
  • #324,804
  • Sep 21, 2012 9:49am Sep 21, 2012 9:49am
Quoting gavalar
she is definitely going to blow, the question is which way?
on GU it seems to be down

just draw a trendline on M15
  • #324,805
  • Sep 21, 2012 9:51am Sep 21, 2012 9:51am
Quoting redbeben
1.6275-1.6268-69-66 -1.6261-57

1.3003-05-2993-2981

0.9310-9318-9326

bleah 5 min and we see a direction

one more hour and we touch TP3 or not
all red all touched

thank you good bye

now the rest of the morning TP's still in play

lock profit,scale out and have a nice weekend,I'm going out to save lives tonight
  • #324,806
  • Sep 21, 2012 9:53am Sep 21, 2012 9:53am
Quoting redbeben
1.6275-1.6268-69-66 -1.6261-57

1.3003-05-2993-2981

0.9310-9318-9326

bleah 5 min and we see a direction

one more hour and we touch TP3 or not

and this time the time span scheme worked
  • #324,807
  • Sep 21, 2012 9:58am Sep 21, 2012 9:58am
Quoting redbeben
will we see 1.2900 by the end of the day ?

will we retest 1.6217 and 1.6201 by the end of the day ?

this is what I have no clue to be honest but if above levels fail as in 6242 and 2959 we kind of head to those other ones.

will we see 0.9380 ...same story if 9347-50 gives way
so 6242
2959
0.9347-50

eyeball those ones
  • #324,808
  • Sep 21, 2012 9:59am Sep 21, 2012 9:59am
Quoting redbeben
so 6242
2959
0.9347-50

eyeball those ones
and 6242 can be called touched as 3 pips away

I'll give it 1.5 min to go
  • #324,809
  • Sep 21, 2012 10:06am Sep 21, 2012 10:06am
Quoting redbeben
on GU it seems to be down

just draw a trendline on M15
Done and 15 pips banked....2 lots now I need to relax
  • #324,810
  • Sep 21, 2012 10:18am Sep 21, 2012 10:18am
closed 35 pips
  • #324,811
  • Sep 21, 2012 10:30am Sep 21, 2012 10:30am
i have a long trade GU @ 1.6267 with Sl @ 1.6158
first target 1.6322
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 72 KB
Forex Learner
  • #324,812
  • Sep 21, 2012 12:08pm Sep 21, 2012 12:08pm
This post is becoming like a soap opera or drama serial. I have been posting continuously on GBPUSD for past several weeks. Before reading the rest of this post, click on link below to get a re-cap on GBPUSD.

http://www.forexmindgames.com/2012/0...ws-part-2.html

In the link above, I shared that a good potential place to short GBPUSD would be around 1.6300-30. This week GBPUSD tried to push above 1.6300, but it found heavy resistance. Unfortunately, i entered my short order at 1.6315 and order was not filled.

http://i45.tinypic.com/qx2c20.png

For those who have shorted at 1.6300, you would have made about +70pips. With minimal risk as the highest GBPUSD went was 1.6310.

http://i46.tinypic.com/2u8z15c.png
  • #324,813
  • Sep 21, 2012 3:32pm Sep 21, 2012 3:32pm
Quoting ForexMGames
This post is becoming like a soap opera or drama serial. I have been posting continuously on GBPUSD for past several weeks. Before reading the rest of this post, click on link below to get a re-cap on GBPUSD.

http://www.forexmindgames.com/2012/0...ws-part-2.html

In the link above, I shared that a good potential place to short GBPUSD would be around 1.6300-30. This week GBPUSD tried to push above 1.6300, but it found heavy resistance. Unfortunately, i entered my short order at 1.6315 and order was not...
there are other entry points.
  • #324,814
  • Sep 21, 2012 3:33pm Sep 21, 2012 3:33pm
Quoting rkr81
i have a long trade GU @ 1.6267 with Sl @ 1.6158
first target 1.6322
have you looked daily?
  • #324,815
  • Sep 22, 2012 3:20am Sep 22, 2012 3:20am
Quoting redbeben
now next stop is 1.0468 and with a bit of luck we might see 1.0500-04 again but for this we need to close above 1.0432....so let's say the only good to be touched level is 0468.

I will place a pending short 1.0468 SL 1.0547 and TP 1.02
forgot about this
  • #324,816
  • Sep 22, 2012 3:26am Sep 22, 2012 3:26am
Quoting ForexMGames
This post is becoming like a soap opera or drama serial. I have been posting continuously on GBPUSD for past several weeks. Before reading the rest of this post, click on link below to get a re-cap on GBPUSD.

http://www.forexmindgames.com/2012/0...ws-part-2.html

In the link above, I shared that a good potential place to short GBPUSD would be around 1.6300-30. This week GBPUSD tried to push above 1.6300, but it found heavy resistance. Unfortunately, i entered my short order at 1.6315 and order was not filled.

http://i45.tinypic.com/qx2c20.png

For...

we all knew price will double top @ 1.6300.this is where I put my entry and it was mentioned a million times by a million traders that the double top will come in the 1.6240-1.6300 area depending on the wicks or not.

I like your analysis though ...just try to post all the reasons and how you do it on FF and not on the private website as I was banned at one point as I had some links written on my charts and they considered adverts.

I mean you have a way of seeing charts which should be shared more often on FF

cheers
  • #324,817
  • Sep 22, 2012 4:45am Sep 22, 2012 4:45am
Quoting ForexMGames
This post is becoming like a soap opera or drama serial. I have been posting continuously on GBPUSD for past several weeks. Before reading the rest of this post, click on link below to get a re-cap on GBPUSD.

http://www.forexmindgames.com/2012/0...ws-part-2.html

In the link above, I shared that a good potential place to short GBPUSD would be around 1.6300-30. This week GBPUSD tried to push above 1.6300, but it found heavy resistance. Unfortunately, i entered my short order at 1.6315 and order was not...

Yes a soap opera indeed...
Some saw a breakout, some saw a drop and some just got irrationally pissed off when things didn't quite go to the original assumed plan
Come with me if you want to live....
  • #324,818
  • Sep 22, 2012 3:02pm Sep 22, 2012 3:02pm
Did someone else took a long position anticipating the gap?
Bought some pound (GU & GJ) following the break of support, small orders tho.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 21sep.PNG Size: 38 KB
  • #324,819
  • Sep 22, 2012 11:33pm Sep 22, 2012 11:33pm
Quoting redbeben
we all knew price will double top @ 1.6300.this is where I put my entry and it was mentioned a million times by a million traders that the double top will come in the 1.6240-1.6300 area depending on the wicks or not.

I like your analysis though ...just try to post all the reasons and how you do it on FF and not on the private website as I was banned at one point as I had some links written on my charts and they considered adverts.

I mean you have a way of seeing charts which should be shared more often on FF

cheers
Thanks. I try to be more discreet next time.
  • #324,820
  • Sep 22, 2012 11:37pm Sep 22, 2012 11:37pm
Quoting Ill-b-back

Yes a soap opera indeed...
Some saw a breakout, some saw a drop and some just got irrationally pissed off when things didn't quite go to the original assumed plan
Everyday is a new episode in the forex soap opera. Just that the actors and actresses remain the same. We have

Mr EUR USD GBP YEN
Mrs CHF AUD NZD CAD

Sometimes they get together and produce EURCHF, which has been in a comatose stage until recently. Where signs of life appeared!!
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