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Cable Update (GBPUSD)

  • #96,621
  • Nov 10, 2008 3:45am Nov 10, 2008 3:45am
Quoting micho
weird
bad news r here since few months ago,,,

u think it will effect the price...whenever good or bad?? if so,,every1 in the street will b tradin fx..

Sonic
  • #96,622
  • Nov 10, 2008 3:48am Nov 10, 2008 3:48am
Quoting sonicdeejay
bad news r here since few months ago,,,

u think it will effect the price...whenever good or bad?? if so,,every1 in the street will b tradin fx..

Sonic
well with -5 i expect it move down around 100 pips... cause it adds to the misery of cable
When life gives you lemons, make lemonade
  • #96,623
  • Nov 10, 2008 3:49am Nov 10, 2008 3:49am
i agree that hourly might be bullish a bit but look at the 4h and 1d... its bearish to the bone
When life gives you lemons, make lemonade
  • #96,624
  • Nov 10, 2008 3:49am Nov 10, 2008 3:49am
even the hourly is not bullish, just one bullish candle
When life gives you lemons, make lemonade
  • #96,625
  • Nov 10, 2008 4:03am Nov 10, 2008 4:03am
1hr 62 ema
please DON'T copy my trades I am still learning
  • #96,626
  • Nov 10, 2008 4:03am Nov 10, 2008 4:03am
Quoting sonicdeejay
so.. what TF u r trading @ ?? monthly??

Sonic

Monthly! lol No. I like the 4hr best, but i look at all TFs
  • #96,627
  • Nov 10, 2008 4:05am Nov 10, 2008 4:05am
Quoting ezmystic
1hr 62 ema
lol

listen i know there is something special about the 62 EMA but the basics are the Fibonacci levels which are alot of times coinciding with the 62 EMA
When life gives you lemons, make lemonade
  • #96,628
  • Nov 10, 2008 4:07am Nov 10, 2008 4:07am
Buying gbp/usd now 1,5720 - target 1,5880-1,5930
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdnow.PNG Size: 120 KB
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #96,629
  • Nov 10, 2008 4:11am Nov 10, 2008 4:11am
Quoting micho
lol

listen i know there is something special about the 62 EMA but the basics are the Fibonacci levels which are alot of times coinciding with the 62 EMA
I know bro, but I don't really use them apart from my fib retracement tool. I'm doing what is working for me, but I will always be open to look at new things.
please DON'T copy my trades I am still learning
  • #96,630
  • Nov 10, 2008 4:12am Nov 10, 2008 4:12am
Daily target gbp/usd 1,5950
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #96,631
  • Nov 10, 2008 4:21am Nov 10, 2008 4:21am
gbp/usd - waiting big move this week - up
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdnow1h.PNG Size: 114 KB
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #96,632
  • Nov 10, 2008 4:48am Nov 10, 2008 4:48am
Quoting jckm
gbp/usd - waiting big move this week - up
  • #96,633
  • Nov 10, 2008 4:50am Nov 10, 2008 4:50am
today for me +26 +26
When life gives you lemons, make lemonade
  • #96,634
  • Nov 10, 2008 4:50am Nov 10, 2008 4:50am
Waiting a big move down in USD/JPY - target 95,30-50
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpynow.PNG Size: 139 KB
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #96,635
  • Nov 10, 2008 4:57am Nov 10, 2008 4:57am
Quoting jckm
Waiting a big move down in USD/JPY - target 95,30-50
jckm. Where are you from?
  • #96,636
  • Nov 10, 2008 4:59am Nov 10, 2008 4:59am
today's close will be very interesting
When life gives you lemons, make lemonade
  • #96,637
  • Nov 10, 2008 5:02am Nov 10, 2008 5:02am
perfect head and shoulders on the AUDUSD daily since yesterday but im a chicken scared to play it
When life gives you lemons, make lemonade
  • #96,638
  • Nov 10, 2008 5:30am Nov 10, 2008 5:30am

The end is near ,,,
Wait,,,

Learning, is a never ending processs...
  • #96,639
  • Nov 10, 2008 6:00am Nov 10, 2008 6:00am
Quoting micho
perfect head and shoulders on the AUDUSD daily since yesterday but im a chicken scared to play it
I've been watching the formation of that reverse H&S for quite some time as well... a break above 7000 , im talking about like 7050 would be a confirmation to long - a long to be held till 7750
  • #96,640
  • Nov 10, 2008 6:03am Nov 10, 2008 6:03am
according to me I do not see the possibility for the up movement now I can see the triangle and the down trend
Attached Image (click to enlarge)
Click to Enlarge Name: triangle 1.gif Size: 18 KB
Jesus Christ is my only Lord !
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