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Cable Update (GBPUSD)

  • #130,861
  • May 1, 2009 6:29am May 1, 2009 6:29am
Quoting riggster
Well 850 is 50% fib from that move up.

Im hoping she gets there...Shouldnt use that word sorry.
Same I like the look of that 4H candle close - looks like we could be seeing 1.50 + in the next few days Good luck - think we will be bloody luck if we get them! ha
  • #130,862
  • May 1, 2009 6:36am May 1, 2009 6:36am
im worried about this up and up again
- Always pray on your trading - God know the best for everyone
  • #130,863
  • May 1, 2009 7:07am May 1, 2009 7:07am
Quoting kingindian
im worried about this up and up again
Longs look out for small retrace......
  • #130,864
  • May 1, 2009 7:29am May 1, 2009 7:29am
Trend has turned up on the clear break of 1.4840/50, waiting for the reatrace to buy.

Buy order @ 1.4855, TP 1.4995, SL 1.4790
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,865
  • May 1, 2009 7:38am May 1, 2009 7:38am
buy order @4831 tp 4951
Chief Member of 220 mph Riders Club...
  • #130,866
  • May 1, 2009 7:45am May 1, 2009 7:45am
Trix in oversold may be go up some pips
  • #130,867
  • May 1, 2009 7:48am May 1, 2009 7:48am
Quoting kanji
buy order @4831 tp 4951
I like this area too if we first go to the 4905 area
  • #130,868
  • May 1, 2009 7:51am May 1, 2009 7:51am
im right na its up some pips may be up more
  • #130,869
  • May 1, 2009 7:53am May 1, 2009 7:53am
I like trading when market is not fast.......
  • #130,870
  • May 1, 2009 8:13am May 1, 2009 8:13am
Quoting fixme1too
I like this area too if we first go to the 4905 area
ellit pro is here I hope 4830s can hold it , if come down with one candle,we should be carefull but seems like seller are not strong, and may bounce from there, 4799 is the bottom of my up channel..
Chief Member of 220 mph Riders Club...
  • #130,871
  • May 1, 2009 8:13am May 1, 2009 8:13am
covered another half right here other half letting to run down
  • #130,872
  • May 1, 2009 8:18am May 1, 2009 8:18am
finally managed to get 54's Long
  • #130,873
  • May 1, 2009 8:24am May 1, 2009 8:24am
50% fib has been hit its possible to go up from here the 5min chart will tell
  • #130,874
  • May 1, 2009 8:26am May 1, 2009 8:26am
Quoting fixme1too
50% fib has been hit its possible to go up from here the 5min chart will tell
Thats the idea, plus 1.4840/50 level is previous resistence.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,875
  • May 1, 2009 8:35am May 1, 2009 8:35am
how far it will goes down?
- Always pray on your trading - God know the best for everyone
  • #130,876
  • May 1, 2009 8:41am May 1, 2009 8:41am
Futures are dropping. It not smart to see a long entry. Yesterday candle was clear to show we going to 1.43 or lower.
we even have a gartley pattern in Daily and 4h , 1h.
  • #130,877
  • May 1, 2009 9:07am May 1, 2009 9:07am
long filled 4850
tp 5050
stop 4750
  • #130,878
  • May 1, 2009 9:09am May 1, 2009 9:09am
Quoting Terminale
Futures are dropping. It not smart to see a long entry. Yesterday candle was clear to show we going to 1.43 or lower.
we even have a gartley pattern in Daily and 4h , 1h.
hmm well its confusing right now i went short from 4900 and closed my trade now with 60+ pips and now was looking for long but now i am waiting for good time if it shoot up then i will again sell from above 4900 otherwise will go for long from 4830 with stop loss let see how it goes when results are confusing 2 positive and 2 negetive

Ub
  • #130,879
  • May 1, 2009 9:28am May 1, 2009 9:28am
Quoting tomaz55
long filled 4850
tp 5050
stop 4750
haha exactly the same! well tp is 49's
  • #130,880
  • Edited 10:12am May 1, 2009 9:53am | Edited 10:12am
Hi everybody,

Cable is showing signs of weakness. targeting 1.4771-4800 area
from here.
(currently == 1.4880-90 level)
Hear the music before the song is over ...
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