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Cable Update (GBPUSD)

  • #126,201
  • Mar 12, 2009 11:15am Mar 12, 2009 11:15am
I Hope GU break 13840 so it's easy to HIT my TP at 1.3990 today..
  • #126,202
  • Mar 12, 2009 11:15am Mar 12, 2009 11:15am
Quoting wormboy
Hi sofia. How are your trades coming along? Hope you're having a good one.
I am very good thank you,I hope you are doing good too.I am scalping I think we are going down ,but be careful this flat could open any direction
  • #126,203
  • Mar 12, 2009 11:15am Mar 12, 2009 11:15am
Quoting Abuawad
wait to see the closing below 1.3808

1H chart (the last candle for 4H chart ) open 1.3805 LoooooooooooooooooooooooooooooooooooooooooooooooooooooooooL
  • #126,204
  • Mar 12, 2009 11:17am Mar 12, 2009 11:17am
Quoting aisterling
I Hope GU break 13840 so it's easy to HIT my TP at 1.3990 today..
I can't see it even tomorrow.
check the news calender for US tomorrow...
  • #126,205
  • Mar 12, 2009 11:17am Mar 12, 2009 11:17am
Quoting PipLand
ahh right cool, ive got BB's on my charts now too, im still learning them, what settings are you using for them? and what time frames i cant see htem being usefull for TF's less than 4 hrs unless my settings are wrong.

I have
Period 20
Deviations 2
You have it about right, tho the period on mine is 25. And I saw that on the hourly. I use them on my hourly, 4hrly and daily. Hope that helps pip.
But, don't get too dependent on it tho, like all other indi, they suck because they lag. But this is one of the more reliable of the few.
Thank You
  • #126,206
  • Mar 12, 2009 11:17am Mar 12, 2009 11:17am
Quoting Abuawad

1H chart (the last candle for 4H chart ) open 1.3805 LoooooooooooooooooooooooooooooooooooooooooooooooooooooooooL
Great
  • #126,207
  • Mar 12, 2009 11:19am Mar 12, 2009 11:19am
Quoting sofia101
Great
Lets see if it will close below 1.3785
  • #126,208
  • Mar 12, 2009 11:22am Mar 12, 2009 11:22am
Hey guys,

Here is the h4 chart...
Attached Image (click to enlarge)
Click to Enlarge Name: h4.gif Size: 37 KB
Patience + Discipline - Greed = Success
  • #126,209
  • Mar 12, 2009 11:22am Mar 12, 2009 11:22am
Quoting sofia101
I am very good thank you,I hope you are doing good too.I am scalping I think we are going down ,but be careful this flat could open any direction
yes, I'm doing great thanks. Cashed in lots today
And yea I'm still bearish until 3900 & 4150 level are properly breached. And agreeing with you about this exploding, question is which way. I was just talking to pip about the bb squeeze & here you are mentioning we could well open up. So, I'm not crazy
I'll slap myself silly tho if this pours down & I didn't ride it, haha.
Thank You
  • #126,210
  • Mar 12, 2009 11:22am Mar 12, 2009 11:22am
Quoting Abuawad
Lets see if it will close below 1.3785
It's bunch of bulls at 1.3775 will be strong resistance
  • #126,211
  • Mar 12, 2009 11:26am Mar 12, 2009 11:26am
Quoting Infinity
Hey guys,

Here is the h4 chart...
Yeah those 4hr candles are stopping me shorting this thing. I might go long from the bottom of one of those candles if we get back down there again
  • #126,212
  • Mar 12, 2009 11:28am Mar 12, 2009 11:28am
Quoting PipLand
Yeah those 4hr candles are stopping me shorting this thing. I might go long from the bottom of one of those candles if we get back down there again
I'm hoping for 3750 or so...
Patience + Discipline - Greed = Success
  • #126,213
  • Mar 12, 2009 11:28am Mar 12, 2009 11:28am
Quoting wormboy
You have it about right, tho the period on mine is 25. And I saw that on the hourly. I use them on my hourly, 4hrly and daily. Hope that helps pip.
But, don't get too dependent on it tho, like all other indi, they suck because they lag. But this is one of the more reliable of the few.
Cool cheers, dont worry i dont pay too much attention to indicators but i like to see where they are and what there doing, makes you think twice sometimes
  • #126,214
  • Mar 12, 2009 11:33am Mar 12, 2009 11:33am
U.S. retail sales got a bump here this morning. So that is another sector, RTH that has not broken to new lows along with the DJIA and SPY. The QQQQ has not broken to new lows. The RTH has not broken to new lows. The OIH has not broken to new lows. The EEM(emerging markets) and FXI(China Fund), EWZ(Brazil) has not taken out November 21 lows. Most JPY crosses have not taken out Nov lows. The AUDUSD has not taken out Nov lows. These are all important divergances and point to higher commodity prices
which point to a nice GU rally in the works
dollar index is worth watching right now
Don't chase the market, Let the market come to you
  • #126,215
  • Mar 12, 2009 11:33am Mar 12, 2009 11:33am
Quoting Infinity
I'm hoping for 3750 or so...
cool i think i will wait for a 15min candle to confirm for me if and when we get down there, im not feeling brave about this, good luck
  • #126,216
  • Mar 12, 2009 11:37am Mar 12, 2009 11:37am
???????????????????????????????????????????????????????????????????
Attached Image (click to enlarge)
Click to Enlarge Name: updown.jpg Size: 160 KB
  • #126,217
  • Mar 12, 2009 11:42am Mar 12, 2009 11:42am
Quoting Tmac
U.S. retail sales got a bump here this morning. So that is another sector, RTH that has not broken to new lows along with the DJIA and SPY. The QQQQ has not broken to new lows. The RTH has not broken to new lows. The OIH has not broken to new lows. The EEM(emerging markets) and FXI(China Fund), EWZ(Brazil) has not taken out November 21 lows. Most JPY crosses have not taken out Nov lows. The AUDUSD has not taken out Nov lows. These are all important divergances and point to higher commodity prices
which point to a nice GU rally in the works
dollar...
Like it

I am loaded with BHP, Rio Tinto, BP, the drillers, FXI, EWZ etc etc

god save the Queen and her battered regime - let's get ready for a long entry point (just got out of bed here )
  • #126,218
  • Mar 12, 2009 11:43am Mar 12, 2009 11:43am
^^ It's confirmed. I am not mental. Here's another guy who is as lost as I am. It's gonna blow
Thank You
  • #126,219
  • Mar 12, 2009 11:50am Mar 12, 2009 11:50am
Quoting wormboy
^^ It's confirmed. I am not mental. Here's another guy who is as lost as I am. It's gonna blow

quotes:

In an insane world, insanity was the only sane choice.

Hit me with your rythm stick, it's nice to be a lunatic

yes all this whippy stuff is the precursor to a definite move I reckon.

A precursor is someone who is too young to have sworn yet
  • #126,220
  • Mar 12, 2009 11:53am Mar 12, 2009 11:53am
Quoting wormboy
^^ It's confirmed. I am not mental. Here's another guy who is as lost as I am. It's gonna blow
Count me in ,I think we are all lost
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