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Cable Update (GBPUSD)

  • #89,081
  • Sep 25, 2008 11:13am Sep 25, 2008 11:13am
Quoting nangro
waiting short @1.83959..
i suggest that you close it now because retracement is due
I recommend you read something else as this sentence is now concluded.
  • #89,082
  • Sep 25, 2008 11:21am Sep 25, 2008 11:21am
Quoting Obaidah
i do agree with you but there might be a little mistake with the levels you mentioned, the top for this trend is somewhere between 1.8750 - 1.8810.
I agree with your analysis if you use the high on 7/15 of 2.0155 to plot the fib.......

However I consider the 200ema on the daily's as a pivot and when that was broken on 8/1 i am considering that the start of the downtrend and am plotting the fib off of the 9850 level

  • #89,083
  • Sep 25, 2008 11:29am Sep 25, 2008 11:29am
Quoting Obaidah
i suggest that you close it now because retracement is due
close +1 pip...still waiting ...obaidah can you tell me how capture my chart picture and post it to this forum?
wish me luck!
  • #89,084
  • Sep 25, 2008 11:36am Sep 25, 2008 11:36am
Quoting nangro
close +1 pip...still waiting ...obaidah can you tell me how capture my chart picture and post it to this forum?
yes sure, right-click on the chart and choose save as picture, from the window that will open choose Active chart, save it to your desktop .... if you want to upload it to this forum, when you're posting a reply scroll down alittle bit and click on Manage Attachments, upload it and welluh! you're done
I recommend you read something else as this sentence is now concluded.
  • #89,085
  • Sep 25, 2008 11:45am Sep 25, 2008 11:45am
Short at 8422 look like shes going to drift down to 8330 (161.8%)http://www.forexfactory.com/images/icons/icon7.gif
  • #89,086
  • Sep 25, 2008 11:49am Sep 25, 2008 11:49am
Quoting Qu|cksilver
my analysis, cable will continue going down to 1.8365 area
anyone going long from 8360 area?
im long at the moment.
"Invest With The Insiders, Not The Masses" George Muzea
  • #89,087
  • Sep 25, 2008 11:59am Sep 25, 2008 11:59am
Quoting eohater
I'm short targeting the 50ema on the 4h. I'm stacked and covered.



HOLLA
  • #89,088
  • Sep 25, 2008 12:01pm Sep 25, 2008 12:01pm
Quoting Turtle


HOLLA
Thank you! I'm getting ready to go long off the 4h 50ema now.
Just digging in the trenches like everyone else!
  • #89,089
  • Sep 25, 2008 12:03pm Sep 25, 2008 12:03pm
Closed my short at 1.8313 +104pipshttp://www.forexfactory.com/images/icons/icon7.gif
  • #89,090
  • Sep 25, 2008 12:05pm Sep 25, 2008 12:05pm
Quoting eohater
Thank you! I'm getting ready to go long off the 4h 50ema now.
Gotta get the kids from school.

Took profit off the table, s/l in place, will let it ride until I find out what's up with this bill.

HOLLA
  • #89,091
  • Sep 25, 2008 12:07pm Sep 25, 2008 12:07pm
just went short @ 8332 tight stop @ 8346
  • #89,092
  • Sep 25, 2008 12:12pm Sep 25, 2008 12:12pm
Quoting Shilva
just went short @ 8332 tight stop @ 8346
Sorry! I just ate your short!
Just digging in the trenches like everyone else!
  • #89,093
  • Sep 25, 2008 12:21pm Sep 25, 2008 12:21pm
H1 H4 momentums are pointing up, price is likely to retrace to its 1H 5 sma
I recommend you read something else as this sentence is now concluded.
  • #89,094
  • Sep 25, 2008 12:22pm Sep 25, 2008 12:22pm
i long @1.83415 and @1.8526 tp 1.857 because
1. i think this is maybe an inverted head and shoulder
2. gbpusd have strong support
3. from ff we know usd have a negative impact
4. oil price rise to 107

maybe you can take a look at my picture im sorry if its bad. ok see ya i wanna sleep now..hope me luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 10.25pm 25 09 2008a.GIF Size: 31 KB
wish me luck!
  • #89,095
  • Sep 25, 2008 12:26pm Sep 25, 2008 12:26pm
Quoting nangro
i long @1.83415 and @1.8526 tp 1.857 because
1. i think this is maybe an inverted head and shoulder
2. gbpusd have strong support
3. from ff we know usd have a negative impact
4. oil price rise to 107

maybe you can take a look at my picture im sorry if its bad. ok see ya i wanna sleep now..hope me luck!
oh man what happened to your chart? explosion?? ... man you should have risk management and set S/L... dont make the same mistake that i've done..
I recommend you read something else as this sentence is now concluded.
  • #89,096
  • Sep 25, 2008 12:28pm Sep 25, 2008 12:28pm
Quoting Shilva
just went short @ 8332 tight stop @ 8346
stopped out on that one...got greedy and emotions took over hehe oh well
  • #89,097
  • Sep 25, 2008 12:31pm Sep 25, 2008 12:31pm
Quoting eohater
Sorry! I just ate your short!
You the man!! No worries, I'ss getting it back!
  • #89,098
  • Sep 25, 2008 12:44pm Sep 25, 2008 12:44pm
Quoting Shilva
just went short @ 8332 tight stop @ 8346
Why, how you see this?
  • #89,099
  • Sep 25, 2008 1:22pm Sep 25, 2008 1:22pm
anybody long back to 8457...yesterdays' low?
i'm long at 8335 am +16 now. we'll see
  • #89,100
  • Sep 25, 2008 1:29pm Sep 25, 2008 1:29pm
Quoting dakrusha
anybody long back to 8457...yesterdays' low?
i'm long at 8335 am +16 now. we'll see
I'm long at 1.8314.
Just digging in the trenches like everyone else!
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