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Cable Update (GBPUSD)

  • #120,641
  • Feb 16, 2009 8:14am Feb 16, 2009 8:14am
Quoting manize
Hello bro, how about the 1st cell plan ?
About H&S I think Navin will post a suggestion, I hope !
i'll wait to see the correct entry below the unknown area limit.
  • #120,642
  • Feb 16, 2009 8:14am Feb 16, 2009 8:14am
Quoting wormboy
abu : yeap, elbeit a small inverted one. My take is it'll prolly run up to 4370 - 4465 area before making that big drop. I could be wrong. Just a thought.
I think as well. Watching carefully PA at M15, M30 and H1 untill H4 closing !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,643
  • Feb 16, 2009 8:17am Feb 16, 2009 8:17am
Quoting Abuawad
I'm out till now, but can someone confirm is that inverts head and shoulder on 1H chart?
auawad .. whtz do you think market goes tonite ?
The Ottelo way's find the mutual system to wins
  • #120,644
  • Feb 16, 2009 8:21am Feb 16, 2009 8:21am
Quoting Abuawad
i'll wait to see the correct entry below the unknown area limit.
I hope working well ! Thanks !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,645
  • Feb 16, 2009 8:21am Feb 16, 2009 8:21am
manize : good to know there's someone else keeping an eye. Let's hope we get to catch the same bus down later. Good luck mate
Thank You
  • #120,646
  • Edited 9:00am Feb 16, 2009 8:32am | Edited 9:00am
Quoting wormboy
manize : good to know there's someone else keeping an eye. Let's hope we get to catch the same bus down later. Good luck mate
But H4 will have to close above 1.4370, maybe not reach that level (1.4465).
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,647
  • Feb 16, 2009 8:35am Feb 16, 2009 8:35am
Quoting wormboy
abu : yeap, elbeit a small inverted one. My take is it'll prolly run up to 4370 - 4465 area before making that big drop. I could be wrong. Just a thought.
Am laying in waiting @ 1.4366 Also am long from 1.4303 with 1.4366 as target
  • #120,648
  • Feb 16, 2009 8:40am Feb 16, 2009 8:40am
I don't see it going much beyond 4420 but who knows on a day like today? That H&S looks extremely convincing however and tomorrow or Wed could see it play out well
  • #120,649
  • Feb 16, 2009 8:55am Feb 16, 2009 8:55am
Quoting ezodisy
I don't see it going much beyond 4420 but who knows on a day like today? That H&S looks extremely convincing however and tomorrow or Wed could see it play out well
43.20 u mean?
  • #120,650
  • Feb 16, 2009 8:59am Feb 16, 2009 8:59am
manize : yeap, it might not reach those levels today. But those are definitely are the key levels for me as I am contemplating on selling. As ezo said, it might not even reach those levels today, won't be arsed if it don't either. But when it does, I'll be ready
Thank You
  • #120,651
  • Feb 16, 2009 9:11am Feb 16, 2009 9:11am
Quoting wormboy
manize : yeap, it might not reach those levels today. But those are definitely are the key levels for me as I am contemplating on selling. As ezo said, it might not even reach those levels today, won't be arsed if it don't either. But when it does, I'll be ready
Cool !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,652
  • Feb 16, 2009 9:45am Feb 16, 2009 9:45am
H4 line still valid...

need some sleep Good luck!
Attached Image (click to enlarge)
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  • #120,653
  • Feb 16, 2009 9:50am Feb 16, 2009 9:50am
Quoting Chris_35
Am laying in waiting @ 1.4366 Also am long from 1.4303 with 1.4366 as target
s/l hit on long
  • #120,654
  • Feb 16, 2009 9:53am Feb 16, 2009 9:53am
Quoting skerdi-meta
43.20 u mean?
I actually did mean 4420 for movement north, but I see we've hit the daily 5sma and just about touched the weekly 5sma, so 4320 seems okay after all
  • #120,655
  • Feb 16, 2009 10:00am Feb 16, 2009 10:00am
correction finished, need sell
Attached Image (click to enlarge)
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  • #120,656
  • Edited 10:53am Feb 16, 2009 10:02am | Edited 10:53am
However Abuawad platform has been working well again. Congratz to whom took a short at around 1.4315 ( M15/M30/H1 closed below 1.4330) with target 1.4239 ! Still have a chance to ride on 2nd cell depend on next M15 opening or 1st cell if pullback up again !
Not yet cofirmed to go more down below 1.4239 because M15/30, H1/H4 open above 1.4239. The last H4 close 1.4238 but current H4 open 1.4239. Still shown confusing trend untill the closing time !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,657
  • Feb 16, 2009 10:12am Feb 16, 2009 10:12am
Just woke up to some nice gains! My long from 1.41853 hit my target @ 1.42973 overnight for a nice +112 pips!
  • #120,658
  • Feb 16, 2009 10:21am Feb 16, 2009 10:21am
Short now from 1.42621 on a 1.2.3 pattern .. see where she goes ... with no US traders today it will be a slow ride
  • #120,659
  • Feb 16, 2009 11:11am Feb 16, 2009 11:11am
Only a chart ???
Attached Image (click to enlarge)
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  • #120,660
  • Feb 16, 2009 11:36am Feb 16, 2009 11:36am
Quoting jack.canadia
Short now from 1.42621 on a 1.2.3 pattern .. see where she goes ... with no US traders today it will be a slow ride
What timeframe are you looking at that pattern on?
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