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Cable Update (GBPUSD)

  • #119,541
  • Feb 10, 2009 9:41am Feb 10, 2009 9:41am
can someone tell me where this baby going short exactly, I plan Long at 1.4674
The Ottelo way's find the mutual system to wins
  • #119,542
  • Feb 10, 2009 9:42am Feb 10, 2009 9:42am
they just play around S1=1.4753...hmm..we can say its quite though to break thru...but my view is still bearish..my MACD 12,26,29 still showing bearish...any comment guys?
money is for living
  • #119,543
  • Feb 10, 2009 9:42am Feb 10, 2009 9:42am
Quoting ottelo
can someone tell me where this baby going short exactly, I plan Long at 1.4674
1.4660
  • #119,544
  • Feb 10, 2009 9:44am Feb 10, 2009 9:44am
Quoting Abuawad
1.4660
Ok then thx Mr. Abuawad
The Ottelo way's find the mutual system to wins
  • #119,545
  • Feb 10, 2009 9:54am Feb 10, 2009 9:54am
Quoting Abuawad
1.4660
Thats a good idea lets chat about where this will stop and why we think that, Il start by saying i think 1.4660 because thats what Abuawad thinks and he is usualy right, although i wont close my whole position there just half i think.

So what does everyone else think and why?
  • #119,546
  • Feb 10, 2009 9:56am Feb 10, 2009 9:56am
http://1.bp.blogspot.com/_eJeoUej2Uk...9-Result01.jpg


whoo hoo next level met.....in at 1.4771 and out at 1.4677

Thank-You!!!
  • #119,547
  • Feb 10, 2009 9:56am Feb 10, 2009 9:56am
Well the new system work 100%, even the tiny stop lose never hits,
Attached Image
  • #119,548
  • Feb 10, 2009 9:57am Feb 10, 2009 9:57am
shall LONG now?
  • #119,549
  • Feb 10, 2009 10:02am Feb 10, 2009 10:02am
Quoting bobcat
Thats a good idea lets chat about where this will stop and why we think that, Il start by saying i think 1.4660 because thats what Abuawad thinks and he is usualy right, although i wont close my whole position there just half i think.

So what does everyone else think and why?
don't count on that always
  • #119,550
  • Feb 10, 2009 10:07am Feb 10, 2009 10:07am
Quoting Abuawad
Well the new system work 100%, even the tiny stop lose never hits,
interesting bro..
100% success rate..i'll follow you!

pop
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  • #119,551
  • Feb 10, 2009 10:09am Feb 10, 2009 10:09am
Quoting popisdead
interesting bro..
100% success rate..i'll follow you!

pop
Please don't just try to but it in your mind not follow it without having your analysis.
  • #119,552
  • Feb 10, 2009 10:10am Feb 10, 2009 10:10am
Quoting JammerJams
Well..we have lots of sideliners...watching..but if you noticce..retracement at ~ 50% has already occured. what we are seeing is a price action event. the retracement high 1.4832 level is lower then the 1.4895 level...and attempting to make a lower low from the 1.4765 level..if it breaks this level..we shall see a nice drop testing 1.4750

So sofia..be careful there...my entrace is below 1.4750-40
I don't think it is possible to make your graph any more unclear for us: it's 2 inches in diameter.
Probability Professor
  • #119,553
  • Feb 10, 2009 10:12am Feb 10, 2009 10:12am
Quoting Abuawad
Please don't just try to but it in your mind not follow it without having your analysis.
Exactly: don't follow blindly: it's important to have ones own supported conviction on any given trade.

Crucial.
Probability Professor
  • #119,554
  • Feb 10, 2009 10:16am Feb 10, 2009 10:16am
I have 14641 as 23.6% retrace of the entire up move
  • #119,555
  • Feb 10, 2009 10:21am Feb 10, 2009 10:21am
cable i believe down until 14610 and bouncing there..

let see
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  • #119,556
  • Feb 10, 2009 10:21am Feb 10, 2009 10:21am
Quoting Abuawad
Well the new system work 100%, even the tiny stop lose never hits,
For anyone who want to take the third position (Sell) you can take it if the current 15M candle close below 1.4686 and the new one open also below it,But for me i'm out...
Happy trading.
  • #119,557
  • Feb 10, 2009 10:25am Feb 10, 2009 10:25am
Quoting Abuawad
Well the new system work 100%, even the tiny stop lose never hits,
Great work!
Patience + Discipline - Greed = Success
  • #119,558
  • Feb 10, 2009 10:26am Feb 10, 2009 10:26am
Quoting Infinity
Great work!
Thanks bro.
  • #119,559
  • Feb 10, 2009 10:34am Feb 10, 2009 10:34am
Quoting Abuawad
For anyone who want to take the third position (Sell) you can take it if the current 15M candle close below 1.4686 and the new one open also below it,But for me i'm out...
Happy trading.

AMAZING.. How did you calculate it?
Hopefully your calculation will be always like this...
  • #119,560
  • Feb 10, 2009 10:36am Feb 10, 2009 10:36am
Quoting popisdead
cable i believe down until 14610 and bouncing there..

let see
ok..just nice TP reached!

pop
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