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Cable Update (GBPUSD)

  • #98,521
  • Nov 15, 2008 1:10am Nov 15, 2008 1:10am
Quoting LuckyLurker
Cable is giving the love to my little tiny risk acct... sweet thanksgivin .. lol started this one on the 1st with 250$ as a test. almost 100% cable live trades. 10k by tues night!


http://www.forexfactory.com/attachme...1&d=1226706189
Bravo...

Sonic
  • #98,522
  • Nov 15, 2008 2:47am Nov 15, 2008 2:47am
Quoting AmeriTrini
I can't help but feel, its a BIG GAP UP........
I'm of the same opinion. It's going to need momentum to break some good supports.
  • #98,523
  • Nov 15, 2008 3:46am Nov 15, 2008 3:46am
Quoting Vourvoul
I'm of the same opinion. It's going to need momentum to break some good supports.
sorry bro...but actually u r looking at what indicator?or fundamental?can u share with us?coz from what i've seen,rsi already below 50,stoch also crossing and is bottoming..M1,M5,M15,M30,D1,W1,MN also showing down...its just the MACD which is crossing and showing up,which is against the other indicators...im not really into fundamental,but maybe something can happen,well,i also like to say that it will go up,as i have a lot of -VE in my positions...how bad...but looking at all the indicators that ive normally used for trading,it is against my trade...
money is for living
  • #98,524
  • Nov 15, 2008 6:20am Nov 15, 2008 6:20am
GU monthly
Attached Image (click to enlarge)
Click to Enlarge Name: GU 15Nov08 Monthly.gif Size: 22 KB
  • #98,525
  • Nov 15, 2008 3:38pm Nov 15, 2008 3:38pm
What do we think about this? These are both 1h charts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1h.jpg Size: 138 KB
Click to Enlarge Name: 1hhs.jpg Size: 128 KB
Just digging in the trenches like everyone else!
  • #98,526
  • Nov 15, 2008 5:00pm Nov 15, 2008 5:00pm
Quoting eohater
What do we think about this? These are both 1h charts.
GAP up.....at least 200 pips
  • #98,527
  • Nov 15, 2008 9:43pm Nov 15, 2008 9:43pm
Quoting eohater
What do we think about this? These are both 1h charts.
i have mixed feelings about this set up.
i figured last week that we would have seen 1.5 again before we headed back down.
then when that fell apart, it went like gangbusters to 1.45..
then it really seemed be picking up steam for 1.5 again on friday then profit taking happened and it dropped another 200.

my tech side says we should head back to the 1.551xx area but you know tech hasn't had many rules lately. the 200 and the 50's are crossing on the 5M they they have been staying pretty far apart lately...showing good sign of ranging.

but alas. i hear all the really bad news happening in the markets in UK and think that there just isn't enough to hold the price up...even back to 1.50..
so even though it "looks like we could be headed back up again...somehow i'm doubting it.

i know i know...this doesn't help at all, but hey..you asked.. :-)
  • #98,528
  • Nov 15, 2008 11:33pm Nov 15, 2008 11:33pm
Quoting dakrusha
i have mixed feelings about this set up.
i figured last week that we would have seen 1.5 again before we headed back down.
then when that fell apart, it went like gangbusters to 1.45..
then it really seemed be picking up steam for 1.5 again on friday then profit taking happened and it dropped another 200.

my tech side says we should head back to the 1.551xx area but you know tech hasn't had many rules lately. the 200 and the 50's are crossing on the 5M they they have been staying pretty far apart lately...showing good sign of ranging.

but alas....
Very nice look at it. She has the potential for an upswing for value building before another great fall. The Dow has appeared to have found some solid support around 8000. It's probably headed back up around 9000-9200 resistance area. The way the dollar has been following the dow, could help with the upswing. Do I see the potential that we're headed back to 2.000? No way! My sights are still lower. Don't get me wrong. I'll trade her whichever way she decides she's going to go.

I'm attaching my Daily chart look at her as well. She seems to be trying to the find bottom of a channel that was created when she began to fall on the 15th July. I can see your 1.55xx area on this chart. There's some nice resistance there.
Attached Image (click to enlarge)
Click to Enlarge Name: day.jpg Size: 127 KB
Just digging in the trenches like everyone else!
  • #98,529
  • Nov 16, 2008 12:02am Nov 16, 2008 12:02am
Quoting eohater
Very nice look at it. She has the potential for an upswing for value building before another great fall. The Dow has appeared to have found some solid support around 8000. It's probably headed back up around 9000-9200 resistance area. The way the dollar has been following the dow, could help with the upswing. Do I see the potential that we're headed back to 2.000? No way! My sights are still lower. Don't get me wrong. I'll trade her whichever way she decides she's going to go.

I'm attaching my Daily chart look at her as well. She seems to be trying...
once again back to my tech. the 50's on the 1H have crossed quite wide showing a reversal.. the blue and green are my 50's..the red at the top is my 200...is sitting just under 1.55.
if tech was stronger this last couple weeks, i'd put a few lots long to at least 1.53.. but i will play this MUCH safer than that.
perhaps we will see this old girl if a second bounce at 1.45 like she likes to do so often and see her way back up again.

attached is my 1H charts.you can see how the 50's are quite wide and haven't opened this wide in a while.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 5m_1.gif Size: 29 KB
Click to Enlarge Name: 5m_2.gif Size: 28 KB
  • #98,530
  • Edited 4:57am Nov 16, 2008 4:38am | Edited 4:57am
nice looking charts and graphs over there
good job Lurky

daily target area 1.4448

weekly target area 1.4300

about the retracement, i guess we might have a retracement up to 1.5x before falling back

see ya laters

Well looking again at the charts, there is a good chance to hit 1.4448 before heading back up
When life gives you lemons, make lemonade
  • #98,531
  • Nov 16, 2008 5:36am Nov 16, 2008 5:36am
Quoting dakrusha
once again back to my tech. the 50's on the 1H have crossed quite wide showing a reversal.. the blue and green are my 50's..the red at the top is my 200...is sitting just under 1.55.
if tech was stronger this last couple weeks, i'd put a few lots long to at least 1.53.. but i will play this MUCH safer than that.
perhaps we will see this old girl if a second bounce at 1.45 like she likes to do so often and see her way back up again.

attached is my 1H charts.you can see how the 50's are quite wide and haven't opened this wide in a while.

bro is that a indicator u have there ploting the hi and low of previous day....if so can u post it plz that can help me lots
  • #98,532
  • Nov 16, 2008 1:19pm Nov 16, 2008 1:19pm
gu is tanking.
USD Est Non Mortuus
  • #98,533
  • Nov 16, 2008 1:46pm Nov 16, 2008 1:46pm
Quoting sonicdeejay
Bravo...

Sonic
Bravo Lucky!! You are an inspiration to us all.
  • #98,534
  • Nov 16, 2008 2:06pm Nov 16, 2008 2:06pm
Quoting nAVIN2007
bro is that a indicator u have there ploting the hi and low of previous day....if so can u post it plz that can help me lots


Navin one of these days my friend you will stop relying so heavily on those inicators,

Free yourself man its a much better experience once you do.
  • #98,535
  • Nov 16, 2008 2:10pm Nov 16, 2008 2:10pm
It's GAP down about 100 pips.
It's 1.4659 now
  • #98,536
  • Nov 16, 2008 2:12pm Nov 16, 2008 2:12pm
cable at this moment 4660 bid price.I have short activ from friday.Oh mann will be...
  • #98,537
  • Nov 16, 2008 2:18pm Nov 16, 2008 2:18pm
Quoting nAVIN2007
bro is that a indicator u have there ploting the hi and low of previous day....if so can u post it plz that can help me lots
of course i can.
i love that indi BTW. it rocks!
Attached File(s)
File Type: ex4 #Prev_Day_Fibo.ex4   6 KB | 286 downloads
File Type: mq4 #Prev_Day_Fibo.mq4   5 KB | 248 downloads
  • #98,538
  • Nov 16, 2008 2:23pm Nov 16, 2008 2:23pm
Quoting gagakrimba
It's GAP down about 100 pips.
It's 1.4659 now
has the market already opened?? I have no new data in my mt4 since friday close. wtf
  • #98,539
  • Nov 16, 2008 2:23pm Nov 16, 2008 2:23pm
Quoting PipGal
Bravo Lucky!! You are an inspiration to us all.
Thank you! How are things going for you?
USD Est Non Mortuus
  • #98,540
  • Nov 16, 2008 2:25pm Nov 16, 2008 2:25pm
Quoting vorschlag
has the market already opened?? I have no new data in my mt4 since friday close. wtf

http://www.forex-markets.com/quotes.htm
USD Est Non Mortuus
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