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Cable Update (GBPUSD)

  • #326,321
  • Oct 9, 2012 6:55am Oct 9, 2012 6:55am
If hourly closes above, I will abort my short... 6 mins to go!

Although last time the fcukers moved price (in the wrong direction for me, yesterday) right after the hour... lol
  • #326,322
  • Oct 9, 2012 6:56am Oct 9, 2012 6:56am
Quoting albchr
Absolutely!

I'm actully a long from 6022 (for a few hours now) hoping for a better price to short from. 6100ish would be nice...LOL

I know what you mean typing here brother. Add my Mom's needs into the mix and I'm missing stuff all the time!
If you have a smartphone, you can have price on the go... not to trade but to keep learning...
  • #326,323
  • Oct 9, 2012 6:57am Oct 9, 2012 6:57am
Quoting bbakker
If hourly closes above, I will abort my short... 6 mins to go!

Although last time the fcukers moved price (in the wrong direction for me, yesterday) right after the hour... lol
Hi
I still holding longs from *****,dont see any reason to short it now.
  • #326,324
  • Oct 9, 2012 7:05am Oct 9, 2012 7:05am
Quoting volforex
Hi
I still holding longs from *****,dont see any reason to short it now.
Cheers for the heads up... I did say this was just a scalp and I am expecting a reaction to this supply zone created by London Open. The last two m15 candlesticks look promising or it is building a flag to go higher. If I don't get a bigger reaction in the next two m15 candlesticks, I will close it.
  • #326,325
  • Oct 9, 2012 7:11am Oct 9, 2012 7:11am
Quoting bbakker
Agreed... price can consolidate on any timeframe, the higher the timeframe, the larger the range. Identifying when price is consolidating is key to improving one's trading, but it is not an easy task and requires years of screentime... there is no substitute.

I got in short @1.6036 for a scalp! I missed the top because I was typing... LOL

FF is sucking me in again... I left for a good reason!
Well its good to read your posts anyway..I try to avoid when trading though, miss lots of entries and to be honest I am crap at managing pending orders
  • #326,326
  • Oct 9, 2012 7:12am Oct 9, 2012 7:12am
its gonna skyrocket..

edit: kinda looking heavy actually.. ><
  • #326,327
  • Oct 9, 2012 7:15am Oct 9, 2012 7:15am
Quoting Resent
its gonna skyrocket..
It is trying to build a flag to take us to 1.6063 and then 1.6093... dunno about rockets though... daily is now in oversold territory and it is looking for a good retrace since Friday's drop!
  • #326,328
  • Oct 9, 2012 7:15am Oct 9, 2012 7:15am
Quoting volforex
Hi
I still holding longs from *****,dont see any reason to short it now.
What exactly is the point of this post? You're afraid to mention you're entry price?

Why not post a chart showing it if you can't bring yourself to saying it?
Ghost Rider - WWTBMD?
  • #326,329
  • Oct 9, 2012 7:25am Oct 9, 2012 7:25am
Quoting bbakker
It is trying to build a flag to take us to 1.6063 and then 1.6093... dunno about rockets though... daily is now in oversold territory and it is looking for a good retrace since Friday's drop!
does oversold =/= rocket..?
  • #326,330
  • Oct 9, 2012 7:26am Oct 9, 2012 7:26am
Quoting albchr
What exactly is the point of this post? You're afraid to mention you're entry price?

Why not post a chart showing it if you can't bring yourself to saying it?
I can see its better not post entrys on this forum .Better just tell when to sell or buy ,or where it will head
  • #326,331
  • Oct 9, 2012 7:26am Oct 9, 2012 7:26am
Quoting Resent
its gonna skyrocket..

edit: kinda looking heavy actually.. ><
6250?
  • #326,332
  • Oct 9, 2012 7:27am Oct 9, 2012 7:27am
ok im back trading gbp/usd today, im short 1.6041, t/p 1.5947
  • #326,333
  • Oct 9, 2012 7:27am Oct 9, 2012 7:27am
Quoting bbakker
Cheers for the heads up... I did say this was just a scalp and I am expecting a reaction to this supply zone created by London Open. The last two m15 candlesticks look promising or it is building a flag to go higher. If I don't get a bigger reaction in the next two m15 candlesticks, I will close it.
I am out! -6 pips
  • #326,334
  • Oct 9, 2012 7:29am Oct 9, 2012 7:29am
Quoting volforex
I can see its better not post entrys on this forum .Better just tell when to sell or buy ,or where it will head
Perhaps better to not post at all.
Ghost Rider - WWTBMD?
  • #326,335
  • Oct 9, 2012 7:29am Oct 9, 2012 7:29am
Quoting Resent
does oversold =/= rocket..?
no because GBPUSD can stay oversold longer than you can stay sane my friend....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,336
  • Oct 9, 2012 7:30am Oct 9, 2012 7:30am
On Weekly and Daily we have Double Top and rejection at the top of the range, and H4 offers us a better entry into the bearish trend
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd daily 09.10.2012.jpg Size: 117 KB
Click to Enlarge Name: gbpusd h4 09.10.2012.jpg Size: 122 KB
Click to Enlarge Name: gbpusd weekly 09.10.2012.jpg Size: 111 KB
  • #326,337
  • Oct 9, 2012 7:31am Oct 9, 2012 7:31am
Quoting bbakker
I am out! -6 pips
Sorry bro

Finally up a few at least. Only took a few hours
Attached Image (click to enlarge)
Click to Enlarge Name: gu_1h.gif Size: 22 KB
Ghost Rider - WWTBMD?
  • #326,338
  • Oct 9, 2012 7:31am Oct 9, 2012 7:31am
Quoting albchr
What exactly is the point of this post? You're afraid to mention you're entry price?

Why not post a chart showing it if you can't bring yourself to saying it?
im short gbp/usd at 1.6041, s/l open, t/p 1.5947
  • #326,339
  • Oct 9, 2012 7:34am Oct 9, 2012 7:34am
Quoting PoundTrader
no not yet im short gbp/jpy at 126.21 and im short gbp/nzd at 1.9636
im also short these two pairs above, there making me a little
  • #326,340
  • Oct 9, 2012 7:35am Oct 9, 2012 7:35am
Quoting volforex
I can see its better not post entrys on this forum .Better just tell when to sell or buy ,or where it will head
I have asked the same question myself but came to the conclusion that it doesn't really matter if you post your entries/exits or not.

I have gone long now @X.XXXX... lol
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