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Cable Update (GBPUSD)

  • #334,481
  • Jan 23, 2013 4:22am Jan 23, 2013 4:22am
Quoting A-speculator
i think, it is highly unlikely it will get back to 1.6, but 5940-50 still possible, me think..
Thanks mate for that I think you are proberly right. 1.60 does look a bit far out at the moment
  • #334,482
  • Jan 23, 2013 4:22am Jan 23, 2013 4:22am
Quoting _BBKing_
if anyone interested....
gbp chf is in a very interesting demand area whole range 1.4720 - 1.4620.
maybe now it's early to open longs.
but worth to give an eye!!
Quoting Piters
at the moment long in GU and GA, looking forward to enter long in GBPJPY.. and Gold scalp..

GL

GBPAUD is sweet... I think You'll like this too..
Attached Image (click to enlarge)
Click to Enlarge Name: Chart20130123164531.png Size: 88 KB
  • #334,483
  • Jan 23, 2013 4:24am Jan 23, 2013 4:24am
Quoting Scorpion786
Thanks mate for that I think you are proberly right. 1.60 does look a bit far out at the moment
it's not because of "at the moment" mate.. it's because we have resistance at the 5940 - 50 area and we don't even break 5900 yet and 1.6 already been tested by the price, so i think we might not reach there but probably we might reach 5940-50 area at best.
  • #334,484
  • Jan 23, 2013 4:31am Jan 23, 2013 4:31am
Quoting A-speculator
it's not because of "at the moment" mate.. it's because we have resistance at the 5940 - 50 area and we don't even break 5900 yet and 1.6 already been tested by the price, so i think we might not reach there but probably we might reach 5940-50 area at best.
Just checked the charts and yes I agree Resistance is in the 15940-50 area. Lets hope we break 1.5900 first and round of the day at 1.5940-50 not a bad days work
  • #334,485
  • Jan 23, 2013 4:33am Jan 23, 2013 4:33am
Quoting Piters
GBPAUD is sweet... I think You'll like this too..
Probably, I would wait for 14800 to long on GBPAUD
  • #334,486
  • Jan 23, 2013 4:33am Jan 23, 2013 4:33am
Quoting Scorpion786
Just checked the charts and yes I agree Resistance is in the 15940-50 area. Lets hope we break 1.5900 first and round of the day at 1.5940-50 not a bad days work
if you're long, i suggest put extra "alertness" in your view on the market since imho you're trading the counter trend. Afterall, bulls make money, bears make money and pigs get slaughtered right?
  • #334,487
  • Jan 23, 2013 4:34am Jan 23, 2013 4:34am
Quoting Scorpion786
Just checked the charts and yes I agree Resistance is in the 15940-50 area. Lets hope we break 1.5900 first and round of the day at 1.5940-50 not a bad days work
I will short @ 15950 once she reaches there
  • #334,488
  • Jan 23, 2013 4:35am Jan 23, 2013 4:35am
Closed the longs on Cable. Shorting here for a 100 pips. Will look to long again. SL above 1.5893.
  • #334,489
  • Jan 23, 2013 4:37am Jan 23, 2013 4:37am
Quoting A-speculator
it's not because of "at the moment" mate.. it's because we have resistance at the 5940 - 50 area and we don't even break 5900 yet and 1.6 already been tested by the price, so i think we might not reach there but probably we might reach 5940-50 area at best.
5940-50 retest -

I Gann see where you're coming from on the daily Specs :nerd:

lol...
Come with me if you want to live....
  • #334,490
  • Jan 23, 2013 4:40am Jan 23, 2013 4:40am
[quote=A-speculator;6386891]if you're long, i suggest put extra "alertness" in your view on the market since imho you're trading the counter trend. Afterall, bulls make money, bears make money and pigs get slaughtered right? [/quo

Counter trend trading is risky I agree but I like to trade Supply & Demand levels its part of my trading style and so far it's working for me. But my overal best trades are with the trend. I risk 2% on trades with the trend and 1% counter trend. I like to keep an open mind
  • #334,491
  • Jan 23, 2013 4:46am Jan 23, 2013 4:46am
Quoting fxtyrant
For people who think i only know how to SHORT the GBPUSD... think again...
OMG OMG..FxTyrant finally Longing the GBPUSD LOL.... oh well see? H4 EMA55 below EMA200 as i enter those longs
atleast i wouldnt be LONG the Pound like some traders here up at 1.62 and crap like this...
fxtyrant,

Why should you bother someone thinks? In the end of the day, you are in profit or loss - that 's important than any else...

Any way, enjoy your 30 pips and dream for another 300 pips hanging somewhere.
  • #334,492
  • Jan 23, 2013 4:48am Jan 23, 2013 4:48am
Quoting ForexRatVN
fxtyrant,

Why should you bother someone thinks? In the end of the day, you are in profit or loss - that 's important than any else...

Any way, enjoy your 30 pips and dream for another 300 pips hanging somewhere.
You are right RAT, i really dont care!
soo cya guys later!
gona chat with Navin on Facebook instead.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #334,493
  • Jan 23, 2013 4:50am Jan 23, 2013 4:50am
[quote=Scorpion786;6386908]
Quoting A-speculator
if you're long, i suggest put extra "alertness" in your view on the market since imho you're trading the counter trend. Afterall, bulls make money, bears make money and pigs get slaughtered right? [/quo

Counter trend trading is risky I agree but I like to trade Supply & Demand levels its part of my trading style and so far it's working for me. But my overal best trades are with the trend. I risk 2% on trades with the trend and 1% counter trend. I like to keep an open mind
You are brave, at least in my mind.

I used to trade counter trend as well. Why not, when we can buy at cheap price & sell at high price.

However, I risk 1% for the order with trend and 0.1-0.2% against the trend...
  • #334,494
  • Jan 23, 2013 4:52am Jan 23, 2013 4:52am
Quoting fxtyrant
You are right RAT, i really dont care!
soo cya guys later!
gona chat with Navin on Facebook instead.
...
Ghost Rider - WWTBMD?
  • #334,495
  • Jan 23, 2013 4:54am Jan 23, 2013 4:54am
Quoting Ill-b-back
5940-50 retest -

I Gann see where you're coming from on the daily Specs :nerd:

lol...
:nerd:

i'm not so sure if we're gonna get that high.. i will first see PA at about 5915-20 first if price managed to break 5900 area. there is just a minor resistance but maybe price might failed at that price.

difference is just 30-40 pips from the cluster resistance, if this is GJ, that will means nothing but since this is cable, i added some weight to the analysis on the resistance..
  • #334,496
  • Jan 23, 2013 5:00am Jan 23, 2013 5:00am
[quote=ForexRatVN;6386940]
Quoting Scorpion786

You are brave, at least in my mind.

I used to trade counter trend as well. Why not, when we can buy at cheap price & sell at high price.

However, I risk 1% for the order with trend and 0.1-0.2% against the trend...
who said i'm trading countertrend mate? i just trade the trend and maybe some ranges.. i have no position in cable at the moment.. just waiting to short at higher price..

if you're talking about the swissy that i'm currently trading, well mate, i'm trading the uptrend and i think currently swissy in a 1h range of 9270-9300.. the line in the sand is 9265 for me, so if price manage to get there, then i'm out. my entry is 9285. so it's just a 20pips of trade.. no sweat mate..
  • #334,497
  • Jan 23, 2013 5:03am Jan 23, 2013 5:03am
[quote=A-speculator;6386968]
Quoting ForexRatVN

who said i'm trading countertrend mate? i just trade the trend and maybe some ranges.. i have no position in cable at the moment.. just waiting to short at higher price..
I think he's replying to Scorpion bro, who post is also in there.

Problem with post quoting before I think
Come with me if you want to live....
  • #334,498
  • Jan 23, 2013 5:04am Jan 23, 2013 5:04am
[quote=Ill-b-back;6386975]
Quoting A-speculator

I think he's replying to Scorpion bro, who post is also in there.

Problem with post quoting before I think
i see.. well i really hate this new layout of FF..
  • #334,499
  • Jan 23, 2013 5:05am Jan 23, 2013 5:05am
Quoting A-speculator
:nerd:

i'm not so sure if we're gonna get that high.. i will first see PA at about 5915-20 first if price managed to break 5900 area. there is just a minor resistance but maybe price might failed at that price.

difference is just 30-40 pips from the cluster resistance, if this is GJ, that will means nothing but since this is cable, i added some weight to the analysis on the resistance..
Yeah, 4hr is resistance I see
Come with me if you want to live....
  • #334,500
  • Jan 23, 2013 5:07am Jan 23, 2013 5:07am
[quote=A-speculator;6386977]
Quoting Ill-b-back

i see.. well i really hate this new layout of FF..
Just like when they move items around in the Supermarket every 3 months, I ask the same question.

WHY??
Come with me if you want to live....
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