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Cable Update (GBPUSD)

  • #94,861
  • Oct 30, 2008 9:00am Oct 30, 2008 9:00am
I just love this job.Another 100 pips so far.DP (6270 area heare i come.)

I hope so much.
  • #94,862
  • Oct 30, 2008 9:05am Oct 30, 2008 9:05am
Ichimoku has 1 line at 6350 area for now.It should be suport for now. on 1 hr.Let see will it hold.And we are entering 30 min cloud so we need break that one too.His final resistance is at DP area.DJIA and NASD is ranging now a little.So on next move up it will bring cable more down i think.
  • #94,863
  • Oct 30, 2008 9:39am Oct 30, 2008 9:39am
Short 1.6386 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #94,864
  • Oct 30, 2008 9:45am Oct 30, 2008 9:45am
Short 1.6386 !
Attached Image (click to enlarge)
Click to Enlarge Name: retrace301008b.gif Size: 42 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #94,865
  • Oct 30, 2008 9:45am Oct 30, 2008 9:45am
Quoting manize
Short 1.6386 !
wHAT'S YOUR TP? Mine is at the pivot 6258 but i think to tp at 1.6270
  • #94,866
  • Oct 30, 2008 9:45am Oct 30, 2008 9:45am
Quoting \"expert\"
Morning all.I go short at 6550.because we test 15 m gann and not break it.Looking for pivot 6434 and maybe for DP area.On 1 hr below gann on 4 hr above so need to decide which way.Untill then sculp or even better not to trade as for me.

On 15 MACD is below zero but sightly positive,momentum and rsi below also,AStoch also.

Below that pivot we are below icimoku cloud so if break that pivot hope to see testing of 4hr gann.If not closing and wait to see will it break 1 hr gann.
price 6315 now.DP is at 6217.Just moving my SL lower and
  • #94,867
  • Oct 30, 2008 9:47am Oct 30, 2008 9:47am
Possible retrace to 6350 area with this 15 m candle.
  • #94,868
  • Oct 30, 2008 9:52am Oct 30, 2008 9:52am
Quoting peulthai
wHAT'S YOUR TP? Mine is at the pivot 6258 but i think to tp at 1.6270
I don't think the TP yet. I just only think locked at +30 pips - SL at 1.6356. And is hit now. +86 pips gain sofar ! Waiting for a clue again next !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #94,869
  • Oct 30, 2008 9:58am Oct 30, 2008 9:58am
we are so close to break 5 m gann.Maybe down is over for now.But i think we will touch that DP.On my platform is on 6269.If big retrace comes meaning many people taking profit(220 made for now,that is good and for big boys too i think) if not i will wait to test 4 hr gann at 6220 area
  • #94,870
  • Oct 30, 2008 10:03am Oct 30, 2008 10:03am
on 5 m bulish divergance.That is why this move up.

GJIA and NASD bounce from DP if goe up again more down for cable i think

On 5 m still beloww gann

This is so interesting to see what will be next.
  • #94,871
  • Oct 30, 2008 10:03am Oct 30, 2008 10:03am
Quoting manize
I don't think the TP yet. I just only think locked at +30 pips - SL at 1.6356. And is hit now. +86 pips gain sofar ! Waiting for a clue again next !

yeah, me too... and i think i am going to stand still till i see a significant move
  • #94,872
  • Oct 30, 2008 10:05am Oct 30, 2008 10:05am
Quoting manize
Short 1.6386 !
Bad entry.
It's on the reversal now
  • #94,873
  • Oct 30, 2008 10:11am Oct 30, 2008 10:11am
30 pips from DP and nothing.No touch.well nice ride any way.Closed for now.CCI is going back on 5 m so this is good. witing on 5 mm to see will it maybe touch DP.RSI is still below 50 on 5 m so might be a retrace but i yhink i will let market to make new way
DJIA around DP still.New moves later.In 1 hr frankfurt will start to take profit maybe.If not they think then that this will go more down toomorow.Will see.
  • #94,874
  • Oct 30, 2008 10:12am Oct 30, 2008 10:12am
Quoting gagakrimba
Bad entry.
It's on the reversal now
+ 30 pips not so bad for me, it is about another 3% of 8.6% gain sofar !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #94,875
  • Oct 30, 2008 10:14am Oct 30, 2008 10:14am
Quoting gagakrimba
Bad entry.
It's on the reversal now
Yapreversal.Waiting on 15 to see wht will be.But i think it could go down from 6390 area.
  • #94,876
  • Oct 30, 2008 10:24am Oct 30, 2008 10:24am
Quoting \"expert\"
Yapreversal.Waiting on 15 to see wht will be.But i think it could go down from 6390 area.
did you see.6360 now

all i need is to break that gann on 5 m which is below for now'SL BE+1.let us pray
  • #94,877
  • Oct 30, 2008 10:28am Oct 30, 2008 10:28am
Quoting manize
+ 30 pips not so bad for me, it is about another 3% of 8.6% gain sofar !
Yesss my train is on track at 6397 short
GELORE
  • #94,878
  • Oct 30, 2008 10:29am Oct 30, 2008 10:29am
hey all. I hope u all are killin it.
I am up a desperately need 140 after a couple days of shakey trading.
I am currently short 357 and TP to 295. but am watching it carefully. i'm not trusting this crayz market right now.
  • #94,879
  • Oct 30, 2008 10:30am Oct 30, 2008 10:30am
Yes price is below gann again.Come on baby give me 100 pips more plese
  • #94,880
  • Oct 30, 2008 10:31am Oct 30, 2008 10:31am
Quoting musani
Yesss my train is on track at 6397 short
Good entry! I'm short from 6400. Took the price off the 15m 10ema. I'm locked in +10 and moving my SL down as she goes.
Just digging in the trenches like everyone else!
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