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Cable Update (GBPUSD)

  • #58,041
  • Mar 12, 2008 5:15pm Mar 12, 2008 5:15pm
Quoting Carrera
Very interesting the way this pair is doing.
Arround 2.0340 could be a small correction 23%, it happened just before this current candle, then.... check my analysis (is a posibility) in the lower chart bellow here.
That lower chart certainly looks good to me still Carrera
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,042
  • Edited 5:48pm Mar 12, 2008 5:45pm | Edited 5:48pm
Quoting Bones
That lower chart certainly looks good to me still Carrera
Yup, the small retracement of 23% is done and resume his way up. Probably tonite we see another 23% retracement, lets see. The trend is so strong, that price bounced from this retracement showed in the chart from Sunday, instead of the 38% fibo. My feeling is that this baby will be a huge Gartley when reach 61% or 78%. I will short this baby for 400 pips minimum when its happend with proper confirmation.
  • #58,043
  • Mar 12, 2008 6:03pm Mar 12, 2008 6:03pm
Hey Navin, how many pips up or down today then ?? Still demo ??


+47 pips here
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,044
  • Mar 12, 2008 8:11pm Mar 12, 2008 8:11pm
13-3-2008
Attached Image
  • #58,045
  • Mar 12, 2008 8:51pm Mar 12, 2008 8:51pm
Quoting Abuawad
13-3-2008
Thanks Abuawad.

The Long Term Direction and Yesterday Direction should be UP, shouldn't they?

BTW what timezone do your charts use?
Darkness lies one inch ahead..
  • #58,046
  • Mar 12, 2008 9:41pm Mar 12, 2008 9:41pm
Quoting Abuawad
13-3-2008

Abuawad, great strategy trading the support/resistance lines. Can I ask how you calculate/determine "Yesterday's Direction" and "Long Term TrenDirection"?

You have indicated both as 'Down' for your 13-3 posting and 12-3 posting, but they've both been up... could you enlighten pls? Thanks
Trade the reaction, not the news!
  • #58,047
  • Mar 12, 2008 9:57pm Mar 12, 2008 9:57pm
[Yeeehaaaa...My Very First post]

For me, it looks like a bullish week for GU, since the lowest @ 1.9997 if I'm not mistaken and now it is shooting up to 2.02 (and more?)
Look for the clue in daily and weekly chart... Its momentum is pointing up, and for me, that's all for the trend confirmation (not to mention the moving averages positions)

I'm still in demo, love to share and learn from other fellow members in FF...


Regards...^^
  • #58,048
  • Mar 12, 2008 10:48pm Mar 12, 2008 10:48pm
Quoting fdowtf
[Yeeehaaaa...My Very First post]

For me, it looks like a bullish week for GU, since the lowest @ 1.9997 if I'm not mistaken and now it is shooting up to 2.02 (and more?)
Look for the clue in daily and weekly chart... Its momentum is pointing up, and for me, that's all for the trend confirmation (not to mention the moving averages positions)

I'm still in demo, love to share and learn from other fellow members in FF...


Regards...^^
Welcome to FF
  • #58,049
  • Mar 13, 2008 1:15am Mar 13, 2008 1:15am
Am I right in that there is divergence in the MACD 4H?
Attached Image (click to enlarge)
Click to Enlarge Name: gbp1.gif Size: 20 KB
  • #58,050
  • Mar 13, 2008 1:58am Mar 13, 2008 1:58am
im shorting at 2.0352 im getting hammered lol
And your mouth dropped
  • #58,051
  • Mar 13, 2008 2:00am Mar 13, 2008 2:00am
Good Day

i still see 1H, 4H is in a bullish configuration ... and our first target 2.0369

really i've long position from 1.9998 and looking to close @ 2.06
  • #58,052
  • Mar 13, 2008 2:27am Mar 13, 2008 2:27am
y is dollar weak across the board?
anything news behind that?
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,053
  • Mar 13, 2008 2:33am Mar 13, 2008 2:33am
Quoting Turveyd
Hey Navin, how many pips up or down today then ?? Still demo ??


+47 pips here
I killed it yesterday buddy ....I doubled my account!!!!!
200+pips ...am tempted to go live today but ....i been taking so many sick day of work just to understand the market that if i dont go into i might get sacked...lol
  • #58,054
  • Mar 13, 2008 2:52am Mar 13, 2008 2:52am
Quoting Runway Trade
Am I right in that there is divergence in the MACD 4H?

I have attached a picture my chart..on mine theres no diverence i see
Attached Image (click to enlarge)
Click to Enlarge Name: g.JPG Size: 90 KB
  • #58,055
  • Mar 13, 2008 2:56am Mar 13, 2008 2:56am
Nice Call Makey2u On The 2.0352.
  • #58,056
  • Mar 13, 2008 3:13am Mar 13, 2008 3:13am
Quoting Abuawad
13-3-2008
Dear abuawad,
nice calculation u attached here, do you mind to share with me how u do it?
sorry l'm newbie here....
  • #58,057
  • Mar 13, 2008 3:14am Mar 13, 2008 3:14am
Quoting Moe
i will close my long at 2.0380, i been long since 2.0076, now im not to sure 2.0495 will hold. good luck and make those pips.
im changing my target to 2.0390 i took half at 2.0349.
If I Go Broke Trying Then I Will die happy.
  • #58,058
  • Mar 13, 2008 3:18am Mar 13, 2008 3:18am
long you ugly beast.
If I Go Broke Trying Then I Will die happy.
  • #58,059
  • Mar 13, 2008 3:20am Mar 13, 2008 3:20am
Quoting Sina_tikl
Dear abuawad,
nice calculation u attached here, do you mind to share with me how u do it?
sorry l'm newbie here....
If you click on his name and then go to all his previous post you will find the explanations you are looking for. aduawad has explained his calculations many times.
  • #58,060
  • Mar 13, 2008 3:23am Mar 13, 2008 3:23am
Quoting Runway Trade
If you click on his name and then go to all his previous post you will find the explanations you are looking for. aduawad has explained his calculations many times.
thks man... appreciate it..
very sorry for the trouble... l just new here... nice to know u all...
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