Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#96,301
Nov 7, 2008 8:31am Nov 7, 2008 8:31am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

I got back from lunch.I could take 90 pips more and i take 45.SL hit.5900

i can dream only that for now.never mind

Micho are you short.You start price way above

#96,302
Nov 7, 2008 8:32am Nov 7, 2008 8:32am

mike w
Joined Jul 2006 | Status: Trader | 4,090 Posts

Quoting Infinity

Disliked

Nice work Mike...
I agree with this outlook 100%.. and also there is this channel...

Ignored

Nice note on the channel man! I hadn't really noticed it, but now I have solid targets to be working with by it. Thanks for posting that! How have you been? I hope everything's been good and you've been making bank with this easy market lately! By easy, I mean 500-600 pip jumps at a time lol Just catch on and ride...

I dream, therefore I become.

#96,303
Nov 7, 2008 8:33am Nov 7, 2008 8:33am

mike w
Joined Jul 2006 | Status: Trader | 4,090 Posts

We're about to see that hourly pin break by the way, I'll add at that point as well.

I dream, therefore I become.

#96,304
Nov 7, 2008 8:36am Nov 7, 2008 8:36am

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

Quoting mike w

Disliked

Nice note on the channel man! I hadn't really noticed it, but now I have solid targets to be working with by it. Thanks for posting that! How have you been? I hope everything's been good and you've been making bank with this easy market lately! By easy, I mean 500-600 pip jumps at a time lol Just catch on and ride...

Ignored

.... You know it bro... these past few weeks have been really great!! I know you have been killing it....

Patience + Discipline - Greed = Success

#96,305
Nov 7, 2008 8:38am Nov 7, 2008 8:38am

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

15m 50 in the way...

Another thing to note it that none of the past 4 candles closed above the 1h 62ema...

Patience + Discipline - Greed = Success

#96,306
Nov 7, 2008 8:39am Nov 7, 2008 8:39am

manize
| Joined Dec 2007 | Status: Trader | 3,220 Posts

Went short 1.5790 ! Locked in +10 pips !

Ok closed +40 pips. +40-40=0 sofar !

I only trade XAU/USD. Based on USD news & Fib SR & BB20

#96,307
Nov 7, 2008 8:42am Nov 7, 2008 8:42am

bobcat
| Joined Oct 2008 | Status: Trader | 105 Posts

Im short 1.5798,

tp 1.5600ish..?

#96,308
Nov 7, 2008 8:42am Nov 7, 2008 8:42am

mike w
Joined Jul 2006 | Status: Trader | 4,090 Posts

Quoting Infinity

Disliked

15m 50 in the way...

Another thing to note it that none of the past 4 candles closed above the 1h 62ema...

Ignored

Just give it time my man. I'm thinking it'll break down within this hour.

Btw, if your still following Aus's method, we're going to be seeing a valid 15 minute short signal which should give us the power to break that support down after a retracement to, possibly, the 90's again.

I dream, therefore I become.

#96,309
Nov 7, 2008 8:43am Nov 7, 2008 8:43am

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

Quoting mike w

Disliked

Just give it time my man. I'm thinking it'll break down within this hour.

Ignored

Patience + Discipline - Greed = Success

#96,310
Nov 7, 2008 8:46am Nov 7, 2008 8:46am

micho
Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts

i got another +24 now

When life gives you lemons, make lemonade

#96,311
Nov 7, 2008 8:46am Nov 7, 2008 8:46am

mike w
Joined Jul 2006 | Status: Trader | 4,090 Posts

Quoting Infinity

Disliked

Ignored

Welp, maybe I was lying about that retrace. lol

I dream, therefore I become.

#96,312
Nov 7, 2008 8:47am Nov 7, 2008 8:47am

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

Quoting mike w

Disliked

Welp, maybe I was lying about that retrace. lol

Ignored

Patience + Discipline - Greed = Success

#96,313
Nov 7, 2008 8:51am Nov 7, 2008 8:51am

manize
| Joined Dec 2007 | Status: Trader | 3,220 Posts

Quoting bobcat

Disliked

Im short 1.5798,

tp 1.5600ish..?

Ignored

It is possible, but don't forget to lock your green pips !

I only trade XAU/USD. Based on USD news & Fib SR & BB20

#96,314
Nov 7, 2008 8:53am Nov 7, 2008 8:53am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

5690 and 5620 ara need to be broken on 1 hr so we could make new lows in my chart.

Ichimoku 5677 area stong resistance on 15, for now.

Momentum and rsi are above 0 and 50.

i am short but if no break of momentum below 0 this is retrace then and more up then to maybe 4 hr gann which is arround 5850 area

Attached Image(s) (click to enlarge)

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Name: cable 15m.gif
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Name: cable 1 hr.gif
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#96,315
Nov 7, 2008 8:53am Nov 7, 2008 8:53am

mike w
Joined Jul 2006 | Status: Trader | 4,090 Posts

My four hour candle, which closes in ten minutes, is looking very bearish off all resistance- the Gann line and the trendline in conjunction with each other. Fantastic for loading up the shorts IMO.