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Cable Update (GBPUSD)

  • #116,961
  • Feb 2, 2009 3:58am Feb 2, 2009 3:58am
Quoting Abuawad
i'm jumping in long from here to 1.4650

interesting and what is your SL ?
  • #116,962
  • Feb 2, 2009 4:00am Feb 2, 2009 4:00am
it probably will be north after this..
  • #116,963
  • Feb 2, 2009 4:00am Feb 2, 2009 4:00am
Quoting pipmyride
how do we jump on board this fall without getting stuck in a retrace ?!
Was on the road at the crash thru TL ...
I would not place any short or long until it either breaks the Down TL or lower level at 1.4170 levels.. news is just that..news..a ripple in the river. one thing for sure..there is a retracement coming. How intense and when is a good question.


I think the view of it rising to 1.46 is rather ambitious..Im taking my pips for the night..and counting my blessings..

good luck all..
  • #116,964
  • Feb 2, 2009 4:01am Feb 2, 2009 4:01am
Quoting Abuawad
i'm jumping in long from here to 1.4650
What is your reasoning ?
Big bearish engulfing on the 1H and broken 55EMA... I cant see it stopping
  • #116,965
  • Feb 2, 2009 4:04am Feb 2, 2009 4:04am
Dear Nezar

I am with u that the weekly and monthly chart point up,,,but I think we may go down till 1.4040 or also 1.3860 before going Up again to 1.4930 .

This is my openion

With u good luck



Quoting Abuawad
i'm jumping in long from here to 1.4650
  • #116,966
  • Feb 2, 2009 4:04am Feb 2, 2009 4:04am
Quoting Abuawad
i'm jumping in long from here to 1.4650
my LONG po 14215 fulfilled!
{Promotion Removed}
  • #116,967
  • Feb 2, 2009 4:05am Feb 2, 2009 4:05am
Abu, is your sl @.4150? That's what mine is.
  • #116,968
  • Feb 2, 2009 4:11am Feb 2, 2009 4:11am
Quoting popisdead
my LONG po 14215 fulfilled!
Houston..

we might have a move..

{Promotion Removed}
  • #116,969
  • Feb 2, 2009 4:12am Feb 2, 2009 4:12am
Quoting Abuawad
i'm jumping in long from here to 1.4650
good luck!

i've been waiting for retracement here!!
  • #116,970
  • Feb 2, 2009 4:17am Feb 2, 2009 4:17am
Quoting Abuawad
i'm jumping in long from here to 1.4650
Can anyone post a graph of their bullish chart please? as i cant see it, it would be very helpful indeed.

thanks in advance

rob
  • #116,971
  • Feb 2, 2009 4:25am Feb 2, 2009 4:25am
Quoting bobcat
Can anyone post a graph of their bullish chart please? as i cant see it, it would be very helpful indeed.

thanks in advance

rob
Go to your 4hr chart. Draw a high/low line of highest up candles with wicks from Jan. 7 till now, you'll find the retracement point.
  • #116,972
  • Feb 2, 2009 4:25am Feb 2, 2009 4:25am
Quoting bobcat
Can anyone post a graph of their bullish chart please? as i cant see it, it would be very helpful indeed.

thanks in advance

rob
its the fibo van support from 1.3501 to 1.4541
i'm sorry i don't know why i can't upload photo in this moment.
  • #116,973
  • Feb 2, 2009 4:29am Feb 2, 2009 4:29am
it need to test 1.4185 to better now, how strong bears are at now
  • #116,974
  • Feb 2, 2009 4:31am Feb 2, 2009 4:31am
Quoting janka3002
it need to test 1.4185 to better now, how strong bears are at now
It's already happen and go to 1.4183
  • #116,975
  • Feb 2, 2009 4:31am Feb 2, 2009 4:31am
Decided to go short 1.4232, stiil bias to downmove.
  • #116,976
  • Feb 2, 2009 4:31am Feb 2, 2009 4:31am
Quoting SannaCBranno
Go to your 4hr chart. Draw a high/low line of highest up candles with wicks from Jan. 7 till now, you'll find the retracement point.
that is correct Sanna..but it is important to point out..in order to go long..it must break that Downward TL first..otherwise you are taking a chance..

Also..in order to take a short ..you must wait for it to maintain below 1.4200 level for a good period of time...that is why..i am calling it a night..

good luck guys..
  • #116,977
  • Feb 2, 2009 4:38am Feb 2, 2009 4:38am
what do you think!?
it go Up Or down?!
I Think it going Up!!!
  • #116,978
  • Feb 2, 2009 4:41am Feb 2, 2009 4:41am
i think now it will go up... but i am not sure at the moment
  • #116,979
  • Feb 2, 2009 4:43am Feb 2, 2009 4:43am
thanks for the quick replies, lets wait and see i guess,
  • #116,980
  • Feb 2, 2009 4:43am Feb 2, 2009 4:43am
Dears

We a 4 H closed bellow 1.4230,,,and we have a support at 1.4180,,,so it is logic to have some up retracemenet before going down again,,,and close the next 4 H and for sure it will be down this support ( 1.4180 ),,,guss to test 1.4040 today dears

Quoting napster_630
what do you think!?
it go Up Or down?!
I Think it going Up!!!
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