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Cable Update (GBPUSD)

  • #73,101
  • Jun 28, 2008 1:53pm Jun 28, 2008 1:53pm
I did not create this indicator. It is taken from a russian forum. It is called great section. Combination of fibo and pitchfork. Pretty neat huh..
Trade2Win
  • #73,102
  • Jun 28, 2008 2:00pm Jun 28, 2008 2:00pm
Quoting supersub
I did not create this indicator. It is taken from a russian forum. It is called great section. Combination of fibo and pitchfork. Pretty neat huh..
it seems interesting, but i don't know when it was drown.
because if i knew that i might tell if it was useful, after the coming days move.
  • #73,103
  • Jun 28, 2008 2:01pm Jun 28, 2008 2:01pm
Quoting supersub
I did not create this indicator. It is taken from a russian forum. It is called great section. Combination of fibo and pitchfork. Pretty neat huh..

neatness got nothing to do with it what matters is u get the right signals only thing i will say is monthly chart is in uptrend and weekly is suggesting a possible breakout from down to up..
  • #73,104
  • Jun 28, 2008 2:11pm Jun 28, 2008 2:11pm
Yup neatness is indeed useless...results is what we want. Lets see the coming weeks.
Trade2Win
  • #73,105
  • Jun 28, 2008 3:19pm Jun 28, 2008 3:19pm
Quoting supersub
Yup neatness is indeed useless...results is what we want. Lets see the coming weeks.

im with u on the short thou ..good luck to us both bro
  • #73,106
  • Jun 28, 2008 3:58pm Jun 28, 2008 3:58pm
I haven taken any positions though but will publish once taken.
Trade2Win
  • #73,107
  • Jun 29, 2008 3:31am Jun 29, 2008 3:31am
Quoting nAVIN2007
kinda thinking this as a target ..views please ..as i could be in trouble here..
Nav you realize your target falls outside the up channel? I think it will go down, but I dont think to 1.9700. My bottom target is at 1.9800-1.9766 50% Fibo. If it retracts to 1.9725 61% it will have to break the bottom TL and thats been holding since 12 June. The only hope is that price moves back to the 4H 89sma which at the moment around 1.9646 price normally returns to 89 and could meet at around 1.9700.

I do think we will see 1.9800 before 2.
(Just my opinion)
  • #73,108
  • Jun 29, 2008 4:09am Jun 29, 2008 4:09am
Quoting Runway Trade
Nav you realize your target falls outside the up channel? I think it will go down, but I dont think to 1.9700. My bottom target is at 1.9800-1.9766 50% Fibo. If it retracts to 1.9725 61% it will have to break the bottom TL and thats been holding since 12 June. The only hope is that price moves back to the 4H 89sma which at the moment around 1.9646 price normally returns to 89 and could meet at around 1.9700.

I do think we will see 1.9800 before 2.
(Just my opinion)
Yes i was thinking similiar, this is why i took the last short to cover the loss on the first, if it tries to tests the trendline it might go to 1.97

i been looking at swissy and eur and eur to me looks like a short and swissy a long..

if u lok at swissy on lower time frame it does look like its found support and ero resistance....i think the comming week dollar will gain strength, so short i think looking good..

someone said it could be a week were cable moves down all week .....he could be right..
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  • #73,109
  • Jun 29, 2008 4:13am Jun 29, 2008 4:13am
lower time frame..swissy
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  • #73,110
  • Jun 29, 2008 4:15am Jun 29, 2008 4:15am
euro..
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  • #73,111
  • Jun 29, 2008 4:22am Jun 29, 2008 4:22am
hi guys this is my simple view for the next weeks

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any comment ?
cheers
  • #73,112
  • Jun 29, 2008 4:24am Jun 29, 2008 4:24am
non farm on wednesday looks dangerous ...might fly up on wednesday ....40k to -20k..thats very bad
  • #73,113
  • Jun 29, 2008 4:44am Jun 29, 2008 4:44am
Nice work Nav I'm also seeing $ strength next week.Usdx looks like it may turn around im seeing that last candle as bullish just got to see the open tonight /tomorrow.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #73,114
  • Edited 8:01am Jun 29, 2008 4:47am | Edited 8:01am
Euro has a hangman on the daily at the top of the recent daily range.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #73,115
  • Jun 29, 2008 4:59am Jun 29, 2008 4:59am
Quoting Bones
Euro has a hammer on the daily at the top of the recent daily range.
good stuff bro !! ....
  • #73,116
  • Jun 29, 2008 5:14am Jun 29, 2008 5:14am
Oh I nearly forgot there's a good contrarian sell on oil too.
First part of the week could be cable down,I will be looking for selling opportunities.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #73,117
  • Jun 29, 2008 5:22am Jun 29, 2008 5:22am
Quoting Bones
Oh I nearly forgot there's a good contrarian sell on oil too.
First part of the week could be cable down,I will be looking for selling opportunities.

yes i noticed that to ...but u never can tell as that so volatile..
  • #73,118
  • Jun 29, 2008 6:13am Jun 29, 2008 6:13am
I know what you mean but you got to trust the candle .And that one looks good for a top.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #73,119
  • Jun 29, 2008 6:32am Jun 29, 2008 6:32am
Quoting Bones
Nice work Nav I'm also seeing $ strength next week.Usdx looks like it may turn around im seeing that last candle as bullish just got to see the open tonight /tomorrow.
thats y ur posts are missed man
i wished u'd post more
i'll keep a close eye on the dollar index
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #73,120
  • Jun 29, 2008 6:36am Jun 29, 2008 6:36am
BONES u know ur right about the pin
and if it was any other chart i'd play it

but since its oil it behaves more political and fundamental issues
for example if israel threatened iran again on monday its very likely we will c 150+$ in that same day
"what doesn't bankrupt me, makes me stronger" modern nietzche
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