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Cable Update (GBPUSD)

  • #24,221
  • Aug 14, 2007 8:24am Aug 14, 2007 8:24am
Quoting benssol
there is no bearish divergence
but on 4H there is a great BULLISH Divergence wait confirmation !!
The pair shows bearish strongly, the stochastic is showing strong bearish, MACD is still on down-side.. At this rate, short is my best choice, isn't it?!

Any idea?
Hello World
  • #24,222
  • Aug 14, 2007 8:28am Aug 14, 2007 8:28am
Quoting waf_1988
The pair shows bearish strongly, the stochastic is showing strong bearish, MACD is still on down-side.. At this rate, short is my best choice, isn't it?!

Any idea?
I would say so,, unless you do not want to p***s yourself in the face...
.
  • #24,223
  • Aug 14, 2007 8:29am Aug 14, 2007 8:29am
Best choice is to wait for a signal without doing anything rash

just a mental note: Euro/USD has hit the 365 SMA for the first time after a while. (4h)
  • #24,224
  • Aug 14, 2007 8:29am Aug 14, 2007 8:29am
Quoting bullrock
verge of the river -> divergence.... BUT the river flows
LOL
you know, I like your big brilliant wise words

when we see divergence we say wait for confirmation and target, if there is no confirmation then we say price escape from the divergence

and if you dont know the divergence is the most accurate trick for it's targets
  • #24,225
  • Aug 14, 2007 8:30am Aug 14, 2007 8:30am
gold went crazyyyyyyyyyyyyyyy
its just money
  • #24,226
  • Aug 14, 2007 8:33am Aug 14, 2007 8:33am
Quoting waf_1988
The pair shows bearish strongly, the stochastic is showing strong bearish, MACD is still on down-side.. At this rate, short is my best choice, isn't it?!

Any idea?
there is no idea here
let the indicators say what they want
but shorting from this level!!!
anyone can tell you that if you have shorts keep them and protect profit and dont add, if you havnt wait for retrace or reversal to enter in any direction
  • #24,227
  • Aug 14, 2007 8:33am Aug 14, 2007 8:33am
BB is going to squeeze in 15m chart, look for the pair to move in the trend direction...
Hello World
  • #24,228
  • Aug 14, 2007 8:36am Aug 14, 2007 8:36am
Quoting bobblong
Best choice is to wait for a signal without doing anything rash

just a mental note: Euro/USD has hit the 365 SMA for the first time after a while. (4h)

If I have missed a signal... That might be one mistake... So to put another mistake on top of it just might get worse... And the you want to correct it and get in the "overtrade domain" quicly.... So just patiently wait for the next signal.... So
.
  • #24,229
  • Aug 14, 2007 8:36am Aug 14, 2007 8:36am
Quoting de123
gold went crazyyyyyyyyyyyyyyy
@666... You love this game, don'tya?
  • #24,230
  • Aug 14, 2007 8:38am Aug 14, 2007 8:38am
Quoting benssol
there is no idea here
let the indicators say what they want
but shorting from this level!!!
anyone can tell you that if you have shorts keep them and protect profit and dont add, if you havnt wait for retrace or reversal to enter in any direction
.
  • #24,231
  • Aug 14, 2007 8:39am Aug 14, 2007 8:39am
Quoting cesarnc
@666... You love this game, don'tya?
add 1 long in AU just now....long gold long...i smell zeros....
its just money
  • #24,232
  • Aug 14, 2007 8:41am Aug 14, 2007 8:41am
Quoting bullrock


Be a robot to trade
Hello World
  • #24,233
  • Aug 14, 2007 8:41am Aug 14, 2007 8:41am
Regardless what my models tell me to do I strongly believe that the room downwards for the GU shrinked to around 70 pips.... The room upwards ??? well 140 then 220 and 300 at least repectively
.
  • #24,234
  • Aug 14, 2007 8:44am Aug 14, 2007 8:44am
A good idea while there is no signal is to visit this thread
http://forexfactory.com/showthread.php?t=40638

  • #24,235
  • Aug 14, 2007 8:44am Aug 14, 2007 8:44am
Quoting waf_1988


Be a robot to trade
I am a robot.... I am slave... I am a good employee of my models... I do what is told me to do..
.
  • #24,236
  • Aug 14, 2007 9:13am Aug 14, 2007 9:13am
Stock market melting down, again.

Last -70.

If (when?) Dow Jones takes out 13,000, things will THEN get reaaalyy ugly.
  • #24,237
  • Aug 14, 2007 9:18am Aug 14, 2007 9:18am
my mACD still not cross each others. long AU when it cross the signal.

Quoting de123
add 1 long in AU just now....long gold long...i smell zeros....
  • #24,238
  • Aug 14, 2007 9:36am Aug 14, 2007 9:36am
DOW 13165 -72

+ + +

Divergences go good with MA's

And don't forget reverse divergences :
  • #24,239
  • Aug 14, 2007 9:37am Aug 14, 2007 9:37am
Quoting PandoraBox
my mACD still not cross each others. long AU when it cross the signal.
i noticed that...do u want me to add another one, will that help...im getting greedy...arent u?
its just money
  • #24,240
  • Aug 14, 2007 9:40am Aug 14, 2007 9:40am
Pandora what time frame are you using
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