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Cable Update (GBPUSD)

  • #57,901
  • Mar 12, 2008 12:52am Mar 12, 2008 12:52am
Quoting TraderJR
Looks like you used H1 rather than H4 - if you had used H4, the move would have been over.
i have say it more than 1000 time, for the near values like the limit is 5 and the first target is 7 is there any value to use the 4H chart Noooo.
in that case you have to use the 1 H chart.
but the other case when the target are big like the limit is 5 and the first target is 25 i have to wait till the 4h candle confirm the broken of the limit.
  • #57,902
  • Mar 12, 2008 12:57am Mar 12, 2008 12:57am
Quoting Abuawad
simply stay away

thanks for saying that.. i was just going to go long
  • #57,903
  • Mar 12, 2008 1:00am Mar 12, 2008 1:00am
Quoting mcfx
thanks for saying that.. i was just going to go long
but the cable already out from the upper limit !! and hit the 2nd target at 2.0147
  • #57,904
  • Mar 12, 2008 1:20am Mar 12, 2008 1:20am
Looking at Cable Weekly chart... I see this Critical level huh... at 50% Median. Still got 61.8% Fibbo Resistance if the BULL still in control. Then back up in the yellow CHANNEL if U$ totally screwed.

However, If that 50% Median hold strong and Cable failed to break it... BIG BEAR will appear. Worse case scenario... GIANT BEAR will appear... IF that Green Neckline (wanna be) is broken... Cable would say bye bye to 2.0000 for a long long time.

Just my Long Term analysis. Open for discussion. BTW... My floating order with tight SL in the chart is for scalping purpose. I might Let the profit runs if Big Bear appear today.
  • #57,905
  • Mar 12, 2008 1:21am Mar 12, 2008 1:21am
The WEEKLY chart.

http://farm4.static.flickr.com/3075/...590529b6_o.png
  • #57,906
  • Mar 12, 2008 1:23am Mar 12, 2008 1:23am
Quoting Abuawad
but the cable already out from the upper limit !! and hit the 2nd target at 2.0147
what will u do ?
just wait till it go to the unknown area or short ?
  • #57,907
  • Mar 12, 2008 1:30am Mar 12, 2008 1:30am
Quoting T 1 Ti
what will u do ?
just wait till it go to the unknown area or short ?
T1Ti,
are you using the analysis in that way !!!!!!!!

please try to foucs into your chart and find out what you are missing here ok.
after that check the analysis that i post before to determent the strong and the week lines so you can know from where to enter and collect the profit.
don't and don't use the table in the way you are using.
waiting for the limit !!!! cable done till now the 2nd. for me i'm out now till to see what is the impact of the daily fibo fan 74.6
  • #57,908
  • Mar 12, 2008 1:38am Mar 12, 2008 1:38am
Quoting Abuawad
T1Ti,
are you using the analysis in that way !!!!!!!!

please try to foucs into your chart and find out what you are missing here ok.
after that check the analysis that i post before to determent the strong and the week lines so you can know from where to enter and collect the profit.
don't and don't use the table in the way you are using.
waiting for the limit !!!! cable done till now the 2nd. for me i'm out now till to see what is the impact of the daily fibo fan 74.6
sorry, but i'm confused
u first action is 1 hour b4 LO open and based on unknown area right
what will u do when the price was above unknown area ?
what time n TF exactly u calculate those lines ?

sorry i ask 2 many silly question coz i can't find those lines
  • #57,909
  • Edited 2:43am Mar 12, 2008 1:51am | Edited 2:43am
at h1 already perform this based on karmo indicator
can anyone share opinion ?

Attached Image (click to enlarge)
Click to Enlarge Name: chart.JPG Size: 196 KB
  • #57,910
  • Mar 12, 2008 1:56am Mar 12, 2008 1:56am
how to resize the pic ?
  • #57,911
  • Mar 12, 2008 2:30am Mar 12, 2008 2:30am
Quoting T 1 Ti
how to resize the pic ?
Go knows but please delete and repost mate...thxs
  • #57,912
  • Mar 12, 2008 3:41am Mar 12, 2008 3:41am
we are in limbo ...any idea where we are going?
  • #57,913
  • Mar 12, 2008 3:44am Mar 12, 2008 3:44am
Quoting nAVIN2007
we are in limbo ...any idea where we are going?
i think next target is 2.0028
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #57,914
  • Mar 12, 2008 3:44am Mar 12, 2008 3:44am
i think down in the short term, but who knows!!
PIPPED TO THE LINE
  • #57,915
  • Mar 12, 2008 3:47am Mar 12, 2008 3:47am
damn my long just got stoped out.....i hate palcing trade and EUR cause if i get it wrong then its like a double loss...
  • #57,916
  • Mar 12, 2008 3:49am Mar 12, 2008 3:49am
Hi there guys

Hope everybodyz doing good, just dropped in to wish you guys good trading

All the best
  • #57,917
  • Mar 12, 2008 4:01am Mar 12, 2008 4:01am
Price is more likely to find support first at 2.0067 if broken then between 2.0000-2.0014 and then continue trending up to 2.0500 area.

Any comments?
  • #57,918
  • Mar 12, 2008 4:06am Mar 12, 2008 4:06am
Quoting FxPhreak
Price is more likely to find support first at 2.0067 if broken then between 2.0000-2.0014 and then continue trending up to 2.0500 area.

Any comments?
I think so buddy ...we have news today US i dont think it will be good for them...should make cable strong so i think we should see 2.0135 at least this is my first target..

what do others think?
  • #57,919
  • Mar 12, 2008 4:12am Mar 12, 2008 4:12am
Quoting nAVIN2007
I think so buddy ...we have news today US i dont think it will be good for them...should make cable strong so i think we should see 2.0135 at least this is my first target..

what do others think?
i think we should wait for the news trade balance first
about 20 min
  • #57,920
  • Mar 12, 2008 4:15am Mar 12, 2008 4:15am
oops today is not thursday ...there no news today?
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