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Cable Update (GBPUSD)

  • #116,901
  • Feb 2, 2009 1:26am Feb 2, 2009 1:26am
hey..what that?the price go south...it break the major support.what all of you think??
Attached Image (click to enlarge)
Click to Enlarge Name: GU.JPG Size: 85 KB
  • #116,902
  • Feb 2, 2009 1:32am Feb 2, 2009 1:32am
Quoting zess
hey..what that?the price go south...it break the major support.what all of you think??

This drop below the trend line is a big indicator my friend. But dont count your chickens yet..What I want is a nice bearish indication below 50 for 4hr period. We've seen the 1hr cross downward already.

so far..it is just dropping to the 61.8% retracement level..but not good enough for me to say it is trending downward yet.

patience
  • #116,903
  • Feb 2, 2009 1:35am Feb 2, 2009 1:35am
Quoting kujo17
bearish divergence and weakenin ADX on the 4H and strenghtening ADX on the lower Tfs all point down to me.

Short at 1.4407

break of lower TL will hold for 39xx area.

have a good night all. off to bed
shitt youre cool, pal!!
  • #116,904
  • Feb 2, 2009 1:36am Feb 2, 2009 1:36am
Quoting JammerJams
This drop below the trend line is a big indicator my friend. But dont count your chickens yet..What I want is a nice bearish indication below 50 for 4hr period. We've seen the 1hr cross downward already.

so far..it is just dropping to the 61.8% retracement level..but not good enough for me to say it is trending downward yet.

patience
thanks my friend...i'll look for confirmation on candlestick
  • #116,905
  • Feb 2, 2009 1:44am Feb 2, 2009 1:44am
im on a nice ride 1.4400 to1.4315..set my sl already on the greeeeeennn...will c how it goes...
money is for living
  • #116,906
  • Feb 2, 2009 1:45am Feb 2, 2009 1:45am
Quoting uut
shitt youre cool, pal!!

but your hair is more than cool, it's great
uut permatasari, aren't u ?
  • #116,907
  • Feb 2, 2009 1:47am Feb 2, 2009 1:47am
Quoting uut
shitt youre cool, pal!!
cool ?
No patient and just go by what my charts tell me.
  • #116,908
  • Feb 2, 2009 1:48am Feb 2, 2009 1:48am
Quoting mangZX7L
im on a nice ride 1.4400 to1.4315..set my sl already on the greeeeeennn...will c how it goes...
now that is a nice position. a new entry should be when it drops below the 61.8% and next drop will be below 4300 level..

good luck
  • #116,909
  • Feb 2, 2009 1:51am Feb 2, 2009 1:51am
Quoting JammerJams
now that is a nice position. a new entry should be when it drops below the 61.8% and next drop will be below 4300 level..

good luck
thanks for the compliment lol..i wil take it seriously
money is for living
  • #116,910
  • Feb 2, 2009 1:54am Feb 2, 2009 1:54am
Quoting zess
thanks my friend...i'll look for confirmation on candlestick
i got a raw picture of this if u guys dont bother to check on it
Attached Image (click to enlarge)
Click to Enlarge Name: GU2feb09.gif Size: 27 KB
  • #116,911
  • Feb 2, 2009 1:57am Feb 2, 2009 1:57am
Quoting mangZX7L
im on a nice ride 1.4400 to1.4315..set my sl already on the greeeeeennn...will c how it goes...
congrats 2 u...let see how it goes...
  • #116,912
  • Feb 2, 2009 2:01am Feb 2, 2009 2:01am
i'm going south...
Attached Image
  • #116,913
  • Feb 2, 2009 2:02am Feb 2, 2009 2:02am
south it appears, and I have us below the 23.6% of the whole weekly up move
  • #116,914
  • Feb 2, 2009 2:10am Feb 2, 2009 2:10am
Quoting ezodisy
south it appears, and I have us below the 23.6% of the whole weekly up move
yes, let's get in to the south train..
  • #116,915
  • Feb 2, 2009 2:18am Feb 2, 2009 2:18am
Abuawad are you there..

is this a good position for buy?...1.4239
  • #116,916
  • Feb 2, 2009 2:19am Feb 2, 2009 2:19am
Quoting alfamichi

is this a good position for buy?...1.4239
we touched the 62ema on the 4h
  • #116,917
  • Feb 2, 2009 2:23am Feb 2, 2009 2:23am
Quoting alfamichi
Abuawad are you there..

is this a good position for buy?...1.4239
for me i'll wait till 1.4210
  • #116,918
  • Feb 2, 2009 2:31am Feb 2, 2009 2:31am
GU is heading downwards but suddenly it went up...what are the reason??anybody knows??
  • #116,919
  • Feb 2, 2009 2:33am Feb 2, 2009 2:33am
Quoting zess
GU is heading downwards but suddenly it went up...what are the reason??anybody knows??
i hope down, let's see the news in a hour to decide
  • #116,920
  • Feb 2, 2009 2:36am Feb 2, 2009 2:36am
Quoting Abuawad
for me i'll wait till 1.4210
I also believe this is the good price for LONG.

thanks.
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