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Cable Update (GBPUSD)

  • #339,701
  • Apr 30, 2013 5:45am Apr 30, 2013 5:45am
Daily
Attached Image
If there was easy money lying around,no one would be forcing it into your
  • #339,702
  • Apr 30, 2013 5:47am Apr 30, 2013 5:47am
yes thats right FX

Quoting Bones
poss you can see whats happening d1 ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #339,703
  • Apr 30, 2013 5:49am Apr 30, 2013 5:49am
check other £ pairs

Quoting nAVIN2007
{quote} according to yur technicals...monthly has risen and weekly previous was a bull..so yur doing a handcock special..might work buts it aggressive
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #339,704
  • Apr 30, 2013 5:49am Apr 30, 2013 5:49am
Quoting Bones
yes thats right FX {quote}
last time 1000 pips after that doji form at daily,lets see this time
If there was easy money lying around,no one would be forcing it into your
  • #339,705
  • Apr 30, 2013 5:51am Apr 30, 2013 5:51am
be nice but this is not as nice I dont think at all

Quoting FXMindset
{quote} last time 1000 pips after that doji form at daily,lets see this time
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #339,706
  • Apr 30, 2013 5:57am Apr 30, 2013 5:57am
Quoting Bones
check other £ pairs {quote}
Do you mind if tell me what OTHER PAIR you refer to Gbp/usd?
  • #339,707
  • Apr 30, 2013 6:00am Apr 30, 2013 6:00am
Zoom out
Attached Image (click to enlarge)
Click to Enlarge Name: Pound.png Size: 17 KB
If there was easy money lying around,no one would be forcing it into your
  • #339,708
  • Apr 30, 2013 6:03am Apr 30, 2013 6:03am
gbp/usd going lower over the next few weeks. Be finding a way to get short this market now... my 2 cents.

http://www.forexfactory.com/attachme...9&d=1367022752
  • #339,709
  • Apr 30, 2013 6:09am Apr 30, 2013 6:09am
gbp x
JPY
aud
chf
cad
chf

are short!



Quoting skyhawkps
{quote} Do you mind if tell me what OTHER PAIR you refer to Gbp/usd?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #339,710
  • Apr 30, 2013 6:22am Apr 30, 2013 6:22am
Quoting Bones
gbp x JPY aud chf cad chf are short! {quote}
oh oks... thanks!
  • #339,711
  • Edited 6:44am Apr 30, 2013 6:25am | Edited 6:44am
What do you think mates, thus GU make quick detour again going north? Or I asked wrong question... how about this... are you bull or bear this time when ny time?
  • #339,712
  • Apr 30, 2013 6:48am Apr 30, 2013 6:48am
Quoting skyhawkps
What do you think mates, thus GU make quick detour again going north? Or I asked wrong question... how about this... are you bull or bear this time when ny time?
I be bull til 5570 then bear to 5415
  • #339,713
  • Apr 30, 2013 7:14am Apr 30, 2013 7:14am
I guess I have to stay away this time... cuz it's confusing for me!
  • #339,714
  • Apr 30, 2013 7:27am Apr 30, 2013 7:27am
Quoting skyhawkps
I guess I have to stay away this time... cuz it's confusing for me!
why confused?
  • #339,715
  • Apr 30, 2013 7:30am Apr 30, 2013 7:30am
Always its better to enter after deadly fight between bulls and bears. then enter. so after 4 hours we will have 5560 or 5412.
those level perfect for low risk trade.

now dont even try to risk. its gambling time now

or we will stay where we are and +-20 up down up down

in a longer term we have very big potencial to go back to 5350 level and then go higher since that level to 5615

yesterday was a perfect time to short 5530
  • #339,716
  • Apr 30, 2013 7:31am Apr 30, 2013 7:31am
[quote=skyhawkps;6647015]I guess I have to stay away this time... cuz it's confusing for me![/quote

Just wait and see where it goes. Just cos you are not in a trade doesn't mean you are not participating. Ok fair enough if you aren't you can't be making a profit, but by the same token it's better than gambling and making a loss.

Action Forex Trade Ideas page is usually a pretty good pointer to where support and resistance levels are and should help you test whether your assumptions match with the so called experts.
  • #339,717
  • Apr 30, 2013 7:32am Apr 30, 2013 7:32am
If you're confused, it probably because there is no clear direction of a trend. In other words, sideways market.
  • #339,718
  • Apr 30, 2013 7:32am Apr 30, 2013 7:32am
Actually looking for opportunity to start my short... Im not confident to play with bull this time... so just waiting for Bear to redeem his territory.
  • #339,719
  • Apr 30, 2013 7:35am Apr 30, 2013 7:35am
[quote=Thfc;6647040]
Quoting skyhawkps
I guess I have to stay away this time... cuz it's confusing for me![/quote Just wait and see where it goes. Just cos you are not in a trade doesn't mean you are not participating. Ok fair enough if you aren't you can't be making a profit, but by the same token it's better than gambling and making a loss. Action Forex Trade Ideas page is usually a pretty good pointer to where support and resistance levels are and should help you test whether your assumptions match with the so called experts.
absolutlly agree. sometimes its better to wait a better points and have more confidence and lower risk higher rewards then to enter at risky prices and definetlly burn the cash.
  • #339,720
  • Apr 30, 2013 7:39am Apr 30, 2013 7:39am
i think that its better to make one good position per week with +100 pips from GU then to make 5x +20 pips by risking with SL
Its better to make SL wider and get one SL instead of 4 smaller SL.

wider SL brings u opportunitty to catch the strong trends.

cause if u make +15 pips SL in variuos levels or even in very low risk levels u could easy get SL.
I think its better wait the edges of the price and put 40 pips risk with 100 -150 pips reward.
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