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Cable Update (GBPUSD)

  • #122,901
  • Feb 23, 2009 6:10pm Feb 23, 2009 6:10pm
Quoting trader8686
1.4450 now, we broke 1.4470 so according to Malcolm is likely doownward, however according to Infinity is continuation up near 1.4800, if 4350 and 4380 holds. I am a little confused by two different opinion.
read again....:nerd:
Patience + Discipline - Greed = Success
  • #122,902
  • Feb 23, 2009 6:15pm Feb 23, 2009 6:15pm
Quoting Infinity
read again....:nerd:
Oh, now I got it, thanks.
  • #122,903
  • Feb 23, 2009 6:39pm Feb 23, 2009 6:39pm
Quoting Infinity
I am not considering long yet based on the daily...I think we may see 438x...
I think I see what u are saying about the bounce off that ma!

I am seeing a classic set up that could develope...price breaks a major TL, comes back and touches the back side of the TL and shoots up. We used to call it the Swoosh trade.

Definitely worth a shot for me.
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  • #122,904
  • Feb 23, 2009 6:42pm Feb 23, 2009 6:42pm
I'm looking to long out of 4360/4400.
  • #122,905
  • Feb 23, 2009 6:57pm Feb 23, 2009 6:57pm
Anybody shorts now?
  • #122,906
  • Feb 23, 2009 7:00pm Feb 23, 2009 7:00pm
I see double low higher close on h1....
Patience + Discipline - Greed = Success
  • #122,907
  • Edited 7:16pm Feb 23, 2009 7:04pm | Edited 7:16pm
Quoting trader8686
Anybody is short now?
I'm still short @ 1.4646

waiting for target 4420 or 4370

great closed @ 1.4473
  • #122,908
  • Feb 23, 2009 7:16pm Feb 23, 2009 7:16pm
Looks like i finally broke that pesky 21ma on 15m! hehe

  • #122,909
  • Feb 23, 2009 7:25pm Feb 23, 2009 7:25pm
Can someone give a signal here, whether we should sell or should buy? 1.4530
  • #122,910
  • Feb 23, 2009 7:29pm Feb 23, 2009 7:29pm
Quoting trader8686
Can someone give a signal here, whether we should sell or should buy? 1.4530
The signal was the dblhc... I just closed a long from 4483..
Patience + Discipline - Greed = Success
  • #122,911
  • Feb 23, 2009 7:32pm Feb 23, 2009 7:32pm
Quoting trader8686
Can someone give a signal here, whether we should sell or should buy? 1.4530
I shorted 1.4549 . Still looking to buy lower, towards 4400
  • #122,912
  • Feb 23, 2009 7:40pm Feb 23, 2009 7:40pm
Quoting jack.canadia
I shorted 1.4549 . Still looking to buy lower, towards 4400
I still lock long from 1.4515 with BEP+1
when see M15 candle i think 44/43 will show in germany session...
  • #122,913
  • Feb 23, 2009 7:41pm Feb 23, 2009 7:41pm
Quoting Infinity
The signal was the dblhc... I just closed a long from 4483..
I added 2 on the way and am still holding!
  • #122,914
  • Feb 23, 2009 7:48pm Feb 23, 2009 7:48pm
Quoting Infinity
The signal was the dblhc... I just closed a long from 4483..
I see the double low but the high of the second candle was lower by 7 pips on both my platforms and just below DP so looked risky. oh well.
  • #122,915
  • Feb 23, 2009 7:53pm Feb 23, 2009 7:53pm
Quoting alearner
I see the double low but the high of the second candle was lower by 7 pips on both my platforms and just below DP so looked risky. oh well.
I'm seeing exactly the same. Double low, but second candle closed lower than the first candle open.
  • #122,916
  • Feb 23, 2009 7:55pm Feb 23, 2009 7:55pm
A failure here forms an hourly 1-2-3 reversal.
  • #122,917
  • Feb 23, 2009 7:57pm Feb 23, 2009 7:57pm
GU is up

GBP Prelim Business Investment q/q:
forecast: -4.2%, prev: -1.3%http://www.forexfactory.com/images/m...us_revised.gif (revised from -0.2)
Give me patience
  • #122,918
  • Feb 23, 2009 7:59pm Feb 23, 2009 7:59pm
If the next candle fails to break higher then it is a short signal...15m
  • #122,919
  • Feb 23, 2009 8:00pm Feb 23, 2009 8:00pm
Quoting jack.canadia
A failure here forms an hourly 1-2-3 reversal.
We are ready for education, so please describe it more details. Thanks.
  • #122,920
  • Feb 23, 2009 8:01pm Feb 23, 2009 8:01pm
Quoting Bullfx
GU is up

GBP Prelim Business Investment q/q:
forecast: -4.2%, prev: -1.3%http://www.forexfactory.com/images/m...us_revised.gif (revised from -0.2)

I agree.
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