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Cable Update (GBPUSD)

  • #1,561
  • Dec 13, 2006 2:15am Dec 13, 2006 2:15am
Monarch,

As requested, here's my take.

On my system, might go to 665-675 before going up again.

Cheers!


.
  • #1,562
  • Dec 13, 2006 2:17am Dec 13, 2006 2:17am
Quoting ronaldinho
Monarch,

As requested, here's my take.

On my system, might go to 665-675 before going up again.

Cheers!


.
What system do you use? I just put on some Fibs and noticed those levels looked good... 655 has even more support.
  • #1,563
  • Dec 13, 2006 2:22am Dec 13, 2006 2:22am
Quoting mmccormac
What system do you use? I just put on some Fibs and noticed those levels looked good... 655 has even more support.
vegas and hourly emas. keepin it simple
  • #1,564
  • Dec 13, 2006 2:24am Dec 13, 2006 2:24am
the 1.9684 as held on the 5 minute for the 3rd time.

Possible Short 1.9684 broken?

If not and it rises to over 1.9702 possible Long?

Only my thoughts for myself here folks.

Monarch
  • #1,565
  • Dec 13, 2006 2:24am Dec 13, 2006 2:24am
I see 9680 as the bottom of the current chanel & Pivot @ 9664
  • #1,566
  • Dec 13, 2006 2:24am Dec 13, 2006 2:24am
Hmm.. looks like everyone ready to enter long.

I entered short at 1.9700...
"Invest With The Insiders, Not The Masses" George Muzea
  • #1,567
  • Dec 13, 2006 2:25am Dec 13, 2006 2:25am
Quoting ronaldinho
vegas and hourly emas. keepin it simple
I use the EMA's as well but use the Fib numbers... 55, 89, 144, 233 ect. They work great. I like my charts bare so I can read the candles but use Pivot points and EMA's to see possible turning points.
  • #1,568
  • Dec 13, 2006 2:26am Dec 13, 2006 2:26am
If not and it rises to over 1.9702 possible Long?

Correction 1.9707 possible Long?

Monarch
  • #1,569
  • Dec 13, 2006 2:30am Dec 13, 2006 2:30am
how does the upcoming GDP data look? Any thoughts about it?
  • #1,570
  • Dec 13, 2006 2:35am Dec 13, 2006 2:35am
Bit on the Sale at 1.9681
  • #1,571
  • Dec 13, 2006 2:35am Dec 13, 2006 2:35am
I'm looking for a bounce on 1.9667 before closing my short and going long again.

Don't follow me, I might be wrong.
  • #1,572
  • Dec 13, 2006 2:38am Dec 13, 2006 2:38am
Quoting ronaldinho
I'm looking for a bounce on 1.9667 before closing my short and going long again.

Don't follow me, I might be wrong.
you may have 1/2 the chance to be right.

Monarch
  • #1,573
  • Dec 13, 2006 2:39am Dec 13, 2006 2:39am
Are we going short now
  • #1,574
  • Dec 13, 2006 2:40am Dec 13, 2006 2:40am
Quoting synopses
Are we going short now

There is no "We" in trading... Only you pay for your losses. You can share your profits if you like though.
  • #1,575
  • Dec 13, 2006 2:43am Dec 13, 2006 2:43am
Give me your account info and I will send some of the pips I make (if I make any)
  • #1,576
  • Dec 13, 2006 2:46am Dec 13, 2006 2:46am
Looks like we will have a nice bounce off the 26ema. This is still looking long to me.
  • #1,577
  • Dec 13, 2006 2:49am Dec 13, 2006 2:49am
Closed my short at 1.9669 then opened long. Simple is beautiful..
  • #1,578
  • Dec 13, 2006 2:50am Dec 13, 2006 2:50am
Quoting ronaldinho
Closed my short at 1.9669 then opened long. Simple is beautiful..
Great call. I was looking for 665 but got in just a little above you when I noticed price jumping off that level. Nice fill.
  • #1,579
  • Dec 13, 2006 2:52am Dec 13, 2006 2:52am
Base on my system it is almost 60% short signal...
  • #1,580
  • Dec 13, 2006 2:53am Dec 13, 2006 2:53am
Quoting mmccormac
Great call. I was looking for 665 but got in just a little above you when I noticed price jumping off that level. Nice fill.
Was hoping for 667 but figured out 669 may be enough. Lucky me.
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