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Cable Update (GBPUSD)

  • #91,341
  • Oct 13, 2008 10:33am Oct 13, 2008 10:33am
Quoting Chris_35
Bush is talking finances
Is he back on T.V.? Damn....why won't he just give it a rest. He has like 2 1/2 months left on the job. He should go golfing and leave the country alone. I swear, evertime he talks it's like looking at a dear in headlights.
Just digging in the trenches like everyone else!
  • #91,342
  • Oct 13, 2008 10:41am Oct 13, 2008 10:41am
I ma short from 17410.arrounf 17380 i will lock some pips and watch the rest of story.Hope won't bounce from 17370 so i can take profit below and go to sleep.
  • #91,343
  • Oct 13, 2008 10:46am Oct 13, 2008 10:46am
Here' what I"m looking at. Go to your 15m chart, we've closed below the 10ema, now the current candle should go back and test it as resistance, if we don't break(Close) above it, we are going back down.
Just digging in the trenches like everyone else!
  • #91,344
  • Oct 13, 2008 10:54am Oct 13, 2008 10:54am
On 15 min i see momentum bounce of 0.So up again little.as long we dont close on 5 m above 7412-15 good.If so we are in some range before breaks 1 way.But so OB we need retrace at some point.I add some pending short above.For now they are activ
  • #91,345
  • Oct 13, 2008 10:58am Oct 13, 2008 10:58am
Quoting eohater
Here' what I"m looking at. Go to your 15m chart, we've closed below the 10ema, now the current candle should go back and test it as resistance, if we don't break(Close) above it, we are going back down.
Excellent work bro. I am in the same trade ....targeting 15m 50 first then 1h 62..
Patience + Discipline - Greed = Success
  • #91,346
  • Oct 13, 2008 11:00am Oct 13, 2008 11:00am
Quoting eohater
Here' what I"m looking at. Go to your 15m chart, we've closed below the 10ema, now the current candle should go back and test it as resistance, if we don't break(Close) above it, we are going back down.
She stayed under
  • #91,347
  • Oct 13, 2008 11:03am Oct 13, 2008 11:03am
Quoting Infinity
Excellent work bro. I am in the same trade ....targeting 15m 50 first then 1h 62..
Hell yeah! Nice targets, I'm taking some profit off the table at the 15m 35, then more further down she goes. I would love to see the 1h 62. I have 5 open lots on this one.
Just digging in the trenches like everyone else!
  • #91,348
  • Oct 13, 2008 11:04am Oct 13, 2008 11:04am
Quoting Chris_35
She stayed under
And now look at where she's going!
Just digging in the trenches like everyone else!
  • #91,349
  • Oct 13, 2008 11:08am Oct 13, 2008 11:08am
i think we are safe now.It has to go down.Weare OB.I set price alarm at 17306(pivot line)Going to sleep some.7220 next alarm for me.see ya
  • #91,350
  • Oct 13, 2008 11:09am Oct 13, 2008 11:09am
Quoting "expert"
i think we are safe now.It has to go down.Weare OB.I set price alarm at 17306(pivot line)Going to sleep some.7220 next alarm for me.see ya
Have some good sleep and wake up to many pips!
Just digging in the trenches like everyone else!
  • #91,351
  • Oct 13, 2008 11:13am Oct 13, 2008 11:13am
I still think we will be seeing 6500 soon. We just had a bounce off the weekly 50% fib level. Price action will lead the way but I don't see a change of trend just yet....
Attached Image (click to enlarge)
Click to Enlarge Name: week.GIF Size: 25 KB
Patience + Discipline - Greed = Success
  • #91,352
  • Oct 13, 2008 11:14am Oct 13, 2008 11:14am
Just look at M1, finally I catch short 1.7366 ! Lock at 20 pips !`Ups move to 30 pips ! ! Ups 40 pips ! Ups 50 pips ! OK closed ! Might be reversed up !!!!
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #91,353
  • Oct 13, 2008 11:14am Oct 13, 2008 11:14am
I hope everyone saw what I was talking about. I'm headed out to lunch and will be back in about an hour.

REMEMBER, don't sell the bottom. She will probably come back up to the bottom of the 10ema on the 15m, not break it and then continue her journey south. Sell it from the retest of the 10ema on the 15m.
Just digging in the trenches like everyone else!
  • #91,354
  • Oct 13, 2008 11:16am Oct 13, 2008 11:16am
Quoting Infinity
I still think we will be seeing 6500 soon. We just had a bounce off the weekly 50% fib level. Price action will lead the way but I don't see a change of trend just yet....
Yeah! I would love to see 6500!
Just digging in the trenches like everyone else!
  • #91,355
  • Oct 13, 2008 11:17am Oct 13, 2008 11:17am
Skyson .. GBPUSD hit ZCP and back down..

Hi,

now GBPUSD hit our ZCP into Skyson, great resistence point.

GBPUSD now into downmove, looking for 1.71


http://img406.imageshack.us/img406/8...son0125vk7.gif

See more here: Skyson .. GBPUSD hit ZCP and back down..
  • #91,356
  • Oct 13, 2008 11:18am Oct 13, 2008 11:18am
Quoting eohater
Yeah! I would love to see 6500!
thats excellent technical trading guys, keep up the good work

Trading is 80% Emotional, 20% Technical
  • #91,357
  • Oct 13, 2008 11:26am Oct 13, 2008 11:26am
Quoting eohater
I hope everyone saw what I was talking about. I'm headed out to lunch and will be back in about an hour.

REMEMBER, don't sell the bottom. She will probably come back up to the bottom of the 10ema on the 15m, not break it and then continue her journey south. Sell it from the retest of the 10ema on the 15m.

You are truly the best. Thanks for the education, it's much appreciated!
  • #91,358
  • Oct 13, 2008 11:30am Oct 13, 2008 11:30am
Quoting eohater
I hope everyone saw what I was talking about. I'm headed out to lunch and will be back in about an hour.

REMEMBER, don't sell the bottom. She will probably come back up to the bottom of the 10ema on the 15m, not break it and then continue her journey south. Sell it from the retest of the 10ema on the 15m.
Have a nice lunch, we all wait for you back !`Thank !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #91,359
  • Oct 13, 2008 11:31am Oct 13, 2008 11:31am
Quoting eohater
And now look at where she's going!
Closed 2x .3lots @17316 +93 +84
  • #91,360
  • Oct 13, 2008 11:41am Oct 13, 2008 11:41am
Quoting eohater
I hope everyone saw what I was talking about. I'm headed out to lunch and will be back in about an hour.

REMEMBER, don't sell the bottom. She will probably come back up to the bottom of the 10ema on the 15m, not break it and then continue her journey south. Sell it from the retest of the 10ema on the 15m.
GREAT TRADER !!! i am still short @1.74 ...
wish me luck!
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