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Cable Update (GBPUSD)

  • #103,161
  • Dec 2, 2008 10:18am Dec 2, 2008 10:18am
whoa! from ema 62 H1 to ma 20 H1...

  • #103,162
  • Dec 2, 2008 10:18am Dec 2, 2008 10:18am
Quoting moewenger
now it really going. to today's low please...

shhhh, dont say that you'll make it go back up!
wait till im closed out first

now that weve taken a big run up 1.4735 or 1.4670 would be nice, i know i know im being greedy
  • #103,163
  • Dec 2, 2008 10:20am Dec 2, 2008 10:20am
Quoting moewenger
now it really going. to today's low please...
yes,yes
  • #103,164
  • Dec 2, 2008 10:22am Dec 2, 2008 10:22am
Quoting PipLand
im not closing any shorts until were through if that helps
  • #103,165
  • Dec 2, 2008 10:24am Dec 2, 2008 10:24am
Quoting PipLand
shhhh, dont say that you'll make it go back up!
wait till im closed out first

now that weve taken a big run up 1.4735 or 1.4670 would be nice, i know i know im being greedy
sometimes greedy is good.. hahahahhaa..

only when you put SL on plus/BEP..


  • #103,166
  • Dec 2, 2008 10:29am Dec 2, 2008 10:29am
could it be another one of those days....

http://www.forexfactory.com/showthre...89#post2361789
  • #103,167
  • Dec 2, 2008 10:31am Dec 2, 2008 10:31am
There's a down signal in 30m of my chart. let's confirm it guys...
  • #103,168
  • Dec 2, 2008 10:38am Dec 2, 2008 10:38am
before LONDON session closed i hope that it comes down in my entry
  • #103,169
  • Dec 2, 2008 10:38am Dec 2, 2008 10:38am
Quoting moewenger
There's a down signal in 30m of my chart. let's confirm it guys...
this is the tricky area...61.8 retrace for up...but i like what price is doing, consolidating again for a bigger move down i hope
  • #103,170
  • Dec 2, 2008 10:43am Dec 2, 2008 10:43am
Quoting xx13x13
before LONDON session closed i hope that it comes down in my entry
where's ur entry bro??
  • #103,171
  • Dec 2, 2008 10:43am Dec 2, 2008 10:43am
I like it long to 4940-50 area, then possibly to 4980-85, then another leg down.
  • #103,172
  • Dec 2, 2008 10:44am Dec 2, 2008 10:44am
Quoting nAVIN2007
this is the tricky area...61.8 retrace for up...but i like what price is doing, consolidating again for a bigger move down i hope
Right, if we see M15, M30 & H1 it looks like a bull trap !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #103,173
  • Dec 2, 2008 10:47am Dec 2, 2008 10:47am
Quoting moewenger
where's ur entry bro??
1.4795
  • #103,174
  • Dec 2, 2008 10:48am Dec 2, 2008 10:48am
Quoting TheDirtySerb
I like it long to 4940-50 area, then possibly to 4980-85, then another leg down.
That's what I'm looking at as well.
Just digging in the trenches like everyone else!
  • #103,175
  • Dec 2, 2008 10:53am Dec 2, 2008 10:53am
Quoting TheDirtySerb
I like it long to 4940-50 area, then possibly to 4980-85, then another leg down.
Suppose it could do, would be like a tilted head and shoulders, but i wonder if it can get through 1.4935 to do it?
  • #103,176
  • Dec 2, 2008 10:56am Dec 2, 2008 10:56am
Quoting PipLand
Suppose it could do, would be like a tilted head and shoulders, but i wonder if it can get through 1.4935 to do it?
I think you have your answer. My entry is covered at +2 now and looking for today's high for TP. We'll see.
Just digging in the trenches like everyone else!
  • #103,177
  • Dec 2, 2008 11:03am Dec 2, 2008 11:03am
we dont ve to forgot tommorow us News ADP Non-Farm Employment Change
  • #103,178
  • Dec 2, 2008 11:04am Dec 2, 2008 11:04am
Nav, pipland?? Anyone closed their short already?? My SL is at 1.497x area. Hope it wont touch there. Hoping for dollar index also to push up.
  • #103,179
  • Dec 2, 2008 11:05am Dec 2, 2008 11:05am
Please to bounce down off that 15m 10ema thank you
  • #103,180
  • Dec 2, 2008 11:07am Dec 2, 2008 11:07am
Quoting eohater
I think you have your answer. My entry is covered at +2 now and looking for today's high for TP. We'll see.
I was just about to say;

"certainly looks like its happening for now! well spotted both of you. Im just gonna add another short when its finishing the right shoulder "

But since starting to type it looks like 1.493x area is still holding on for dear life.

H&S wouldnt be a bad thing, should make a new low if it does pan out.
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