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Cable Update (GBPUSD)

  • #119,941
  • Feb 12, 2009 2:29am Feb 12, 2009 2:29am
there will be moving up from here back to 1.4290 or below it
waiting the 15M&30M candle closing
for the 2nd sell....
  • #119,942
  • Feb 12, 2009 2:31am Feb 12, 2009 2:31am
Quoting wormboy
Holding short from 4637 since yesterday. I don't think 1.43xx is a problem today mate. My 4hr cci is in the oversold, all the trendline & sma I have are severely battered. I have 1.425 in sight
That is a monster candle. 4250 hit, moving second entry sl to be.
Thank You
  • #119,943
  • Feb 12, 2009 2:34am Feb 12, 2009 2:34am
My S/L hit

So sad
  • #119,944
  • Feb 12, 2009 2:34am Feb 12, 2009 2:34am
Quoting Abuawad
there will be moving up from here back to 1.4290 or below it
waiting the 15M&30M candle closing
for the 2nd sell....
New 15M open below 1.4290 , waiting the 30 for the entry @ 1.4275
  • #119,945
  • Feb 12, 2009 2:34am Feb 12, 2009 2:34am
Quoting Abuawad
there will be moving up from here back to 1.4290 or below it
waiting the 15M&30M candle closing
for the 2nd sell....
OK man !!!
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #119,946
  • Feb 12, 2009 2:38am Feb 12, 2009 2:38am
We need to see the second target Abu Awad. I think we will go down to 1.4050/30
  • #119,947
  • Feb 12, 2009 2:40am Feb 12, 2009 2:40am
Quoting Myman
We need to see the second target Abu Awad. I think we will go down to 1.4050/30
i'll wait till close, there are some support around 1.4241 and 1.4207

and by the way, you mean the third target @ 1.4030
  • #119,948
  • Feb 12, 2009 2:43am Feb 12, 2009 2:43am
look at the daily candles 2 and 3 feb.
  • #119,949
  • Feb 12, 2009 2:45am Feb 12, 2009 2:45am
Quoting Abuawad
Well.
you are the man brother..

simply awesome..

pop
{Promotion Removed}
  • #119,950
  • Feb 12, 2009 2:46am Feb 12, 2009 2:46am
Quoting Abuawad
New 15M open below 1.4290 , waiting the 30 for the entry @ 1.4275
According to your method, am I right in thinking we are not in for the second run down until a retrace to 1.4275?
  • #119,951
  • Feb 12, 2009 2:46am Feb 12, 2009 2:46am
Hi E1.
Can someone explain to me why this bearish move atm?
Why did the market going down @ 7.15 am
Was there a news??????
Thnx
  • #119,952
  • Feb 12, 2009 2:48am Feb 12, 2009 2:48am
Quoting MarkyBoy
According to your method, am I right in thinking we are not in for the second run down until a retrace to 1.4275?
  • #119,953
  • Feb 12, 2009 2:48am Feb 12, 2009 2:48am
It goes up after my S/L hit ?

So sad
  • #119,954
  • Feb 12, 2009 2:48am Feb 12, 2009 2:48am
Quoting at2au
Hi E1.
Can someone explain to me why this bearish move atm?
Why did the market going down @ 7.15 am
Was there a news??????
Thnx
Mervyn King's speech yesterday said the UK was in a severe recession - markets are still reacting to it....
  • #119,955
  • Feb 12, 2009 2:49am Feb 12, 2009 2:49am
Quoting learntowin
It goes up after my S/L hit ?

So sad
don't jump in long now be careful
  • #119,956
  • Feb 12, 2009 2:49am Feb 12, 2009 2:49am
Quoting learntowin
It goes up after my S/L hit ?

So sad
Reenter on the way back up at stop loss after 50 pip down.
Going to make it big by age 21.
  • #119,957
  • Feb 12, 2009 2:52am Feb 12, 2009 2:52am
Quoting dstryr
Reenter on the way back up at stop loss after 50 pip down.
DON'T TRADE AGAINST THE TREND
  • #119,958
  • Feb 12, 2009 2:53am Feb 12, 2009 2:53am
Quoting Abuawad
DON'T TRADE AGAINST THE TREND
Here ... here the trend is your friend
  • #119,959
  • Feb 12, 2009 2:53am Feb 12, 2009 2:53am
Abuawad, following your method waht you do if the PA carried on going south and didin't retrace back to 4275?
  • #119,960
  • Feb 12, 2009 2:53am Feb 12, 2009 2:53am
Quoting MarkyBoy
Mervyn King's speech yesterday said the UK was in a severe recession - markets are still reacting to it....
That makes sense .Thanks
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