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Cable Update (GBPUSD)

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  • Post #74,661
  • Quote
  • Jul 6, 2008 9:50am Jul 6, 2008 9:50am
  •  belekas
  • Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Looks like we are bouncing of FE127.2 @ .9804 and looks like .9800 is supporting right now. So i prefer longs at the moment. Ill wait for the market to open, my current view is bullish like Moe's
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  • Post #74,662
  • Quote
  • Jul 6, 2008 10:10am Jul 6, 2008 10:10am
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
For now i am bullish

4 hour chart formed a pivot ( 3 candle formation with 3 higer lows)
we are just under the linear regression channel that is up but rsi has crossed back up above 40
Rarersi is above oversold conditions
we have not broken bottom of Keltner channel

Plotting a 1-2-3 buy and using fes I have upside target of 2.0170

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Blogging daily now at www.volume.zone
 
 
  • Post #74,663
  • Quote
  • Jul 6, 2008 10:41am Jul 6, 2008 10:41am
  •  tetis
  • Joined Sep 2007 | Status: LION HEART | 870 Posts
2 days bearish
 
 
  • Post #74,664
  • Quote
  • Jul 6, 2008 11:34am Jul 6, 2008 11:34am
  •  alsup1955
  • | Joined Apr 2006 | Status: Member | 566 Posts
Quoting tetis
Disliked
2 days bearish
Ignored
u might be right, then up and away
 
 
  • Post #74,665
  • Quote
  • Jul 6, 2008 11:59am Jul 6, 2008 11:59am
  •  Moe
  • | Membership Revoked | Joined Mar 2005 | 4,703 Posts
Quoting forexmoments
Disliked
Maybe, but I'm anticipating the overall trend to be bearish for the week.
Ignored
true
If I Go Broke Trying Then I Will die happy.
 
 
  • Post #74,666
  • Quote
  • Jul 6, 2008 12:56pm Jul 6, 2008 12:56pm
  •  uncletrumpet
  • | Joined May 2007 | Status: Omo 9ja | 637 Posts
Quoting samuzowulu
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Are You really a preacher or are you just Kidding?
Ignored
I am go to geocities.com/uncletrumpet
 
 
  • Post #74,667
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  • Jul 6, 2008 3:26pm Jul 6, 2008 3:26pm
  •  Abu-Rami
  • Joined Jul 2007 | Status: Senior Member | 1,553 Posts
Happy Trading for you all
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  • Post #74,668
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  • Jul 6, 2008 3:44pm Jul 6, 2008 3:44pm
  •  got pips?
  • | Joined Feb 2006 | Status: EURO KILLER | 423 Posts
directions when we open on sunday and through monday should be up....at least thats what my system is telling me right now.

keep long unless we close a 1H candle below 1.9800
as long as we stay over 1.9800 we have a up bias.....
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
 
 
  • Post #74,669
  • Quote
  • Jul 6, 2008 3:44pm Jul 6, 2008 3:44pm
  •  Runway Trade
  • | Joined Aug 2007 | Status: Air Raider | 895 Posts
Quoting Abuawad
Disliked
Happy Trading for you all
Ignored
Thanks for your analysis it always assists me with targets.
 
 
  • Post #74,670
  • Quote
  • Jul 6, 2008 3:47pm Jul 6, 2008 3:47pm
  •  Abu-Rami
  • Joined Jul 2007 | Status: Senior Member | 1,553 Posts
Quoting Runway Trade
Disliked
Thanks for your analysis it always assists me with targets.
Ignored
You are welcome but be carefull mabye we will have a gabe on opeining
 
 
  • Post #74,671
  • Quote
  • Jul 6, 2008 3:48pm Jul 6, 2008 3:48pm
  •  Runway Trade
  • | Joined Aug 2007 | Status: Air Raider | 895 Posts
Quoting got pips?
Disliked
directions when we open on sunday and through monday should be up....at least thats what my system is telling me right now.

keep long unless we close a 1H candle below 1.9800
as long as we stay over 1.9800 we have a up bias.....
Ignored
I agree with up first to around 1.9906 23% fibo
 
 
  • Post #74,672
  • Quote
  • Jul 6, 2008 3:48pm Jul 6, 2008 3:48pm
  •  Shermenator
  • Joined Jan 2008 | Status: Member | 2,996 Posts
Looks like a reversal is to come....

We do have a new bearish intraday but keep alot of factors here....

First price has impacted the swing pivot to the pip and found support...

Second price did not meet its bearish intraday target for firdays trading..this shows weakness in a certain direction.

Third price made a double bottom...

Fourth price broke a downward trendline.

Fifth price found support at the lower part of the linnear regression channel.

Last move your swing to the last swing and its about to reverse..

Be aware of this stuff sunday open.

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  • Post #74,673
  • Quote
  • Jul 6, 2008 3:50pm Jul 6, 2008 3:50pm
  •  Runway Trade
  • | Joined Aug 2007 | Status: Air Raider | 895 Posts
Quoting Abuawad
Disliked
You are welcome but be carefull mabye we will have a gabe on opeining
Ignored
If I got it right gaps normally first gets filled?
 
 
  • Post #74,674
  • Quote
  • Jul 6, 2008 4:02pm Jul 6, 2008 4:02pm
  •  nedal26
  • | Joined Jun 2008 | Status: Member | 363 Posts
up trend .... ((( but not for long)))......
 
 
  • Post #74,675
  • Quote
  • Jul 6, 2008 5:01pm Jul 6, 2008 5:01pm
  •  ehsan
  • | Joined Jun 2008 | Status: Member | 48 Posts
Quoting Abuawad
Disliked
Happy Trading for you all
Ignored
Hi Abuawad,

Please could you type the last invisible line from your analysis.

Thanks.
 
 
  • Post #74,676
  • Quote
  • Jul 6, 2008 5:33pm Jul 6, 2008 5:33pm
  •  DrConan
  • | Joined Jun 2008 | Status: Member | 21 Posts
I think it's about going to do something like this...
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  • Post #74,677
  • Quote
  • Jul 6, 2008 5:44pm Jul 6, 2008 5:44pm
  •  pablorpl
  • | Joined Sep 2006 | Status: Member | 283 Posts
http://www.forexfactory.com/images/icons/icon1.gif MT4 indicator
i like your metatrader indicator on http://www.forexfactory.com/showthre...41#post2093741

may you share it with me?

thanks

http://www.forexfactory.com/images/misc/progress.gif


Quoting DrConan
Disliked
I think it's about going to do something like this...
Ignored
 
 
  • Post #74,678
  • Quote
  • Jul 6, 2008 5:55pm Jul 6, 2008 5:55pm
  •  Moe
  • | Membership Revoked | Joined Mar 2005 | 4,703 Posts
salah k. , you know me.
If I Go Broke Trying Then I Will die happy.
 
 
  • Post #74,679
  • Quote
  • Jul 6, 2008 6:02pm Jul 6, 2008 6:02pm
  •  DrConan
  • | Joined Jun 2008 | Status: Member | 21 Posts
yes, sure... let's see, ok here it is...

Quoting pablorpl
Disliked
http://www.forexfactory.com/images/icons/icon1.gif MT4 indicator
i like your metatrader indicator on http://www.forexfactory.com/showthre...41#post2093741

may you share it with me?

thanks

http://www.forexfactory.com/images/misc/progress.gif

Ignored
Attached File(s)
File Type: ex4 ! IN10TION NewsReader v06 lite.ex4   69 KB | 350 downloads
 
 
  • Post #74,680
  • Quote
  • Jul 6, 2008 6:07pm Jul 6, 2008 6:07pm
  •  salah k.
  • | Joined Apr 2007 | Status: Member | 2,387 Posts
Quoting Moe
Disliked
salah k. , you know me.
Ignored
hehe
nice one bro i really thought that u might have
i mean i was those close to changing managers
u know i cant have a broke manager
"what doesn't bankrupt me, makes me stronger" modern nietzche
 
 
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