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Cable Update (GBPUSD)

  • #129,741
  • Apr 16, 2009 12:53pm Apr 16, 2009 12:53pm
Quoting Inzider
5-0 pattern in play - 1.4869/52 would be next entry on last 1h move = 88.6% would lead us to a gartley to next TP at 1.5020 (78.6%) or 1.5040 (88.6%) witch i doubt. Candle pattern will confirm the trade at entry level.

Don't take the call if you don't understand...

Good trade all!
well, hope it wont go down too far before reaching 1.5
- Always pray on your trading - God know the best for everyone
  • #129,742
  • Apr 16, 2009 12:58pm Apr 16, 2009 12:58pm
Same.

I missed the entry for a pips....
Waiting the come back around 75...
  • #129,743
  • Apr 16, 2009 1:03pm Apr 16, 2009 1:03pm
i have set order too on that point
but unlucky it missed when im not looking at my notebook
- Always pray on your trading - God know the best for everyone
  • #129,744
  • Apr 16, 2009 1:14pm Apr 16, 2009 1:14pm


Here's the come back i think.
We,ll be able to judge if bear are done if we don't get a lower low.

4876 or 83 should stop it

Let's see....
  • #129,745
  • Apr 16, 2009 1:16pm Apr 16, 2009 1:16pm
Quoting Inzider


Here's the come back i think.
We,ll be able to judge if bear are done if we don't get a lower low.

4876 or 83 should stop it

Let's see....
i have order on 4869 , i will revised it to 76 and let's see
- Always pray on your trading - God know the best for everyone
  • #129,746
  • Apr 16, 2009 1:24pm Apr 16, 2009 1:24pm
To let you know its simply the 78.6% or 88.6% of last move on 5 min or 15...

As now 1.4916 is 78.6% of last down move... 1.4921 is 88.6%.
Most of entry are there, so peeps get zero out at those point... funny thing.

Anyway, maby you know all that allready.
Poor thing we missed the entry for a pips...
  • #129,747
  • Apr 16, 2009 1:31pm Apr 16, 2009 1:31pm
Quoting Inzider
To let you know its simply the 78.6% or 88.6% of last move on 5 min or 15...

As now 1.4916 is 78.6% of last down move... 1.4921 is 88.6%.
Most of entry are there, so peeps get zero out at those point... funny thing.

Anyway, maby you know all that allready.
Poor thing we missed the entry for a pips...
why dont you entry now if you already predict that it will fly to 1.5?

anyway although i miss the entry, i already have some floating transaction up there...lol...(i hope it can be freed as soon as possible)
- Always pray on your trading - God know the best for everyone
  • #129,748
  • Apr 16, 2009 1:44pm Apr 16, 2009 1:44pm
Simple view.... hehe!
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  • #129,749
  • Apr 16, 2009 1:44pm Apr 16, 2009 1:44pm
Quoting kingindian
why dont you entry now if you already predict that it will fly to 1.5?

anyway although i miss the entry, i already have some floating transaction up there...lol...(i hope it can be freed as soon as possible)
Waiting for best entry... I hate drawdown, simple
Wish you the best!
  • #129,750
  • Apr 16, 2009 1:49pm Apr 16, 2009 1:49pm
Quoting Inzider
Waiting for best entry... I hate drawdown, simple
Wish you the best!
thanks!
goodluck for you too!
- Always pray on your trading - God know the best for everyone
  • #129,751
  • Apr 16, 2009 9:59pm Apr 16, 2009 9:59pm
Head and Shoulders at the 1.5000 level with H1/H4 bearish divergence.

Could be good for about 230 pips if confirmed.
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  • #129,752
  • Apr 16, 2009 11:31pm Apr 16, 2009 11:31pm
Quoting jack.canadia
Head and Shoulders at the 1.5000 level with H1/H4 bearish divergence.

Could be good for about 230 pips if confirmed.
love it........... saw same thing.... was wondering if im crazy and why no one else has mentioned.......
  • #129,753
  • Apr 16, 2009 11:33pm Apr 16, 2009 11:33pm
GU
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  • #129,754
  • Apr 16, 2009 11:37pm Apr 16, 2009 11:37pm
Quoting smartalicus
love it........... saw same thing.... was wondering if im crazy and why no one else has mentioned.......
It was mentioned .. 16hours ago.
http://www.forexfactory.com/showpost...&postcount=830

So you're not seeing things
Thank You
  • #129,755
  • Apr 16, 2009 11:51pm Apr 16, 2009 11:51pm
Quoting wormboy
It was mentioned .. 16hours ago.
http://www.forexfactory.com/showpost...&postcount=830

So you're not seeing things
Haha. Credit goes to wormboy!
  • #129,756
  • Apr 16, 2009 11:53pm Apr 16, 2009 11:53pm
Weekly chart here. No close yet above the 21-EMA. Adds strength to our bearish bias into London and NY sessions.
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  • #129,757
  • Apr 17, 2009 1:08am Apr 17, 2009 1:08am
Just broke 1.4825... horizontal neckline on my charts and down it goes.
"Don't forget to enjoy your life"
  • #129,758
  • Apr 17, 2009 1:10am Apr 17, 2009 1:10am
Look at her go! Morning all, just got on this in time short from 835.
  • #129,759
  • Apr 17, 2009 1:32am Apr 17, 2009 1:32am
how far it can go, will 4770 be a strong support? only half short 4872 and now other half went to quickly 48007.
patience is a big problem
  • #129,760
  • Apr 17, 2009 1:35am Apr 17, 2009 1:35am
I agree 4770 looks somewhat important looking back. G/U also found support on the 4-hour 55 EMA. I want to see a re-test of the neckline to re-short (around 4840)
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