I only trade XAU/USD. Based on USD news & Fib SR & BB20
Cable Update (GBPUSD)
- #102,401
- Edited 3:53am Nov 30, 2008 3:21am | Edited 3:53am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
- #102,402
- Nov 30, 2008 4:47am Nov 30, 2008 4:47am
Dears
It's my first time to post here, but really i am to happy to be with you, I really enjoy your analysis and your forcasting, specially Micho
I am Mohamed,,,from Egypt
If u check my attched chart, u will find that I expect the Cable to go north with Max Target of 1.5880 and go south for a new Yearly low within 1.40X
What is your openion on the attched chart ?
It's my first time to post here, but really i am to happy to be with you, I really enjoy your analysis and your forcasting, specially Micho
I am Mohamed,,,from Egypt
If u check my attched chart, u will find that I expect the Cable to go north with Max Target of 1.5880 and go south for a new Yearly low within 1.40X
What is your openion on the attched chart ?
- #102,403
- Nov 30, 2008 5:38am Nov 30, 2008 5:38am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #102,404
- Nov 30, 2008 6:32am Nov 30, 2008 6:32am
- Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts
Dears
It's my first time to post here, but really i am to happy to be with you, I really enjoy your analysis and your forcasting, specially Micho
I am Mohamed,,,from Egypt
If u check my attched chart, u will find that I expect the Cable to go north with Max Target of 1.5880 and go south for a new Yearly low within 1.40X
What is your openion on the attched chart ?
welcome to the thread, thanks for your comments
i see that you bought cable at 1.54... i guess its risky trade to take.. what is your target and where is your stop loss??
its gotta take lots of beating to reach 1.58 in my humble opinion
the way things are looking for me, weekly close is strong bullish, but still we have 1.56 strong resistance area...
i would say first we go to 1.473x then we break 1.56.. just a thought not a recommendation!! so stop losses should be around 1.5615 for the shorts aiming to go to 1.473x...
you may be right with your trade, but put a reasonable stop loss and target
good luck
When life gives you lemons, make lemonade
- #102,405
- Nov 30, 2008 6:39am Nov 30, 2008 6:39am
- Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts
theres itchy and theres dangerous.....news genereally in the weekend can totally change things these days....i hope it works out well for u..
micho...no news yet
http://www.metro.co.uk/news/article....&in_page_id=34
When life gives you lemons, make lemonade
- #102,407
- Nov 30, 2008 7:47am Nov 30, 2008 7:47am
Hi Micho,,nice to meet u man
I am with u that there may be a retracement before going up to 1.5615 and then 1.5880, but I don't think it will go to 1.47, I think if we break 1.5250 we may go to 1.5030 Max and then return up again, and about my buy it was when we break the 1.5445 , as I wish it will go to 1.5630 but it didn't
What is your openion about Euro,,,will it go down till 1.2460 then return back to 1.3290 and more high till 1.37 or it will go down and reach the target of 1.17 ?
I am with u that there may be a retracement before going up to 1.5615 and then 1.5880, but I don't think it will go to 1.47, I think if we break 1.5250 we may go to 1.5030 Max and then return up again, and about my buy it was when we break the 1.5445 , as I wish it will go to 1.5630 but it didn't
What is your openion about Euro,,,will it go down till 1.2460 then return back to 1.3290 and more high till 1.37 or it will go down and reach the target of 1.17 ?
hey man
welcome to the thread, thanks for your comments
i see that you bought cable at 1.54... i guess its risky trade to take.. what is your target and where is your stop loss??
its gotta take lots of beating to reach 1.58 in my humble opinion
the way things are looking for me, weekly close is strong bullish, but still we have 1.56 strong resistance area...
i would say first we go to 1.473x then we break 1.56.. just a thought not a recommendation!! so stop losses should be around 1.5615 for the shorts aiming to go to 1.473x...
you may...
- #102,408
- Nov 30, 2008 7:50am Nov 30, 2008 7:50am
Hi Shawish
I just told micho that if we breack 1.5250 we may go to 1.5030 and then up again till 1.5620 and retrecmenet and then 1.5880 as a max target....if we close daily above 1.5880 we may simply go to 1.67 man
What is your openion about Euro man ?
I just told micho that if we breack 1.5250 we may go to 1.5030 and then up again till 1.5620 and retrecmenet and then 1.5880 as a max target....if we close daily above 1.5880 we may simply go to 1.67 man
What is your openion about Euro man ?
Hiiiiiiiiiiiiiii...how Are You Michu?? I Can See That The Up Moving Is Become Weaker Than The Begining Of The Week...the 1,49xx May Gives The Bound A Good Momentum To Go 1.56xx...what Do You Think??because I See 1.47xx Is Hard To Reach..
- #102,409
- Nov 30, 2008 8:16am Nov 30, 2008 8:16am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
dx retraced off 88 and as of Friday is making another test of it. If the usd index can break 88 , then the 12 hr channel of gu will play out and the bear flag will break to the down side , the 1-2-3 sell with fes will come into play , with 61.8 % fe at 1.4184 being 1st target
we are still entrenched in the downtrend. i sold the long that I bought at 1. 4650 at channel test 1.5500 , but would not be entering any swing trade long positions here until I see a strong daily close above the 1.5500 level
for those with no dx charting here is a free web site to check it out
http://www.tfc-charts.w2d.com/intraday/US/C8
we are still entrenched in the downtrend. i sold the long that I bought at 1. 4650 at channel test 1.5500 , but would not be entering any swing trade long positions here until I see a strong daily close above the 1.5500 level
for those with no dx charting here is a free web site to check it out
http://www.tfc-charts.w2d.com/intraday/US/C8
Blogging daily now at www.volume.zone
- #102,411
- Nov 30, 2008 10:13am Nov 30, 2008 10:13am
Hi Shawish
I just told micho that if we breack 1.5250 we may go to 1.5030 and then up again till 1.5620 and retrecmenet and then 1.5880 as a max target....if we close daily above 1.5880 we may simply go to 1.67 man
What is your openion about Euro man ?
what you get in the wind goes through the storms
- #102,412
- Nov 30, 2008 10:13am Nov 30, 2008 10:13am
- Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts
When life gives you lemons, make lemonade
- #102,413
- Nov 30, 2008 10:57am Nov 30, 2008 10:57am
- Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts
Hi Micho,,nice to meet u man
I am with u that there may be a retracement before going up to 1.5615 and then 1.5880, but I don't think it will go to 1.47, I think if we break 1.5250 we may go to 1.5030 Max and then return up again, and about my buy it was when we break the 1.5445 , as I wish it will go to 1.5630 but it didn't
What is your openion about Euro,,,will it go down till 1.2460 then return back to 1.3290 and more high till 1.37 or it will go down and reach the target of 1.17 ?
When life gives you lemons, make lemonade
- #102,417
- Nov 30, 2008 12:17pm Nov 30, 2008 12:17pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Evening Greetings People,
please welcome the newest of Newbs (me) i just rec'd my posting privileges and just had to try out the editor,
iv'e been lurking on this forum for a month and was impressed by the genial tone and the wealth of knowledge here,
i'm in the Uk and will be trading the London session, have been paper trading for a while and just opened my demo account, last week was a good week and right now i'm short from 1.5411
looks like a lively week coming up and i'll be keeping an eye on it whilst i'm at babypips school,
i'll...
- #102,418
- Nov 30, 2008 12:25pm Nov 30, 2008 12:25pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Hey I'm new too. What about me? Nobody said hello and welcome to me.
Actually most of the traders that were on cable update when I first joined FF are no longer here. (except for a few) Cable update seems to go through these cycles where one person seems to be the leader of the thread then *POOF* is never heard from again. Spooky, maybe this thread is cursed.
Watch out Micho, looks like your next MUhhahhahahah
Sorry but I am bored.
Actually most of the traders that were on cable update when I first joined FF are no longer here. (except for a few) Cable update seems to go through these cycles where one person seems to be the leader of the thread then *POOF* is never heard from again. Spooky, maybe this thread is cursed.
Watch out Micho, looks like your next MUhhahhahahahSorry but I am bored.
Just Trade It
wellcome buddy..and lets just stop this talk about newbies (i hate that term) every1 here is here to learn and the main thing i suppose is we learn from each other...may yur journey be a long one .....
I like to think I've come along way, but in reality, the day I stop being a newbie is the day I stop posting- which will also be the day that I've made my fortune!
Forecast at around July, if you're interested! But yeah, Navin's correct, we're all here to learn.
- #102,420
- Nov 30, 2008 12:29pm Nov 30, 2008 12:29pm
- | Joined Oct 2008 | Status: A witty saying proves nothing. | 1,178 Posts
Hey I'm new too. What about me? Nobody said hello and welcome to me.
Actually most of the traders that were on cable update when I first joined FF are no longer here. (except for a few) Cable update seems to go through these cycles where one person seems to be the leader of the thread then *POOF* is never heard from again. Spooky, maybe this thread is cursed.
Sorry but I am bored.
High 5!
Probability Professor