Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#134,441
May 27, 2009 4:14pm May 27, 2009 4:14pm

kimchikim
| Joined Apr 2009 | Status: Trader | 80 Posts

how deep you think will price fall now?

#134,442
May 27, 2009 4:17pm May 27, 2009 4:17pm

paul czech
| Joined May 2009 | Status: Trader | 98 Posts

what's the matter

#134,443
May 27, 2009 4:49pm May 27, 2009 4:49pm

myteax
| Joined Sep 2007 | Status: Forex Consultant | 74 Posts

Short for now

#134,444
May 27, 2009 4:51pm May 27, 2009 4:51pm

paul czech
| Joined May 2009 | Status: Trader | 98 Posts

Quoting myteax

Disliked

Short for now

Ignored

why?

#134,445
May 27, 2009 5:14pm May 27, 2009 5:14pm

alifari
Joined Mar 2009 | Status: Trader | 1,310 Posts

Hi,

This is my first post on this thread. Still a newbie and learning a lot from you guys. I spotted divergence on 30 minute chart on GU. Is it okay to enter trade just based on divergence.

Would appreciate your response.

Alifari

Attached Image (click to enlarge)

Click to Enlarge

Name: divergence.gif
Size: 20 KB

The purpose of knowledge is action, not knowledge

#134,446
May 27, 2009 5:22pm May 27, 2009 5:22pm

pqt
| Joined Nov 2007 | Status: Trader | 487 Posts

Quoting alifari

Disliked

Hi,

This is my first post on this thread. Still a newbie and learning a lot from you guys. I spotted divergence on 30 minute chart on GU. Is it okay to enter trade just based on divergence.

Would appreciate your response.

Alifari

Ignored

According to that chart, yes

#134,447
May 27, 2009 5:25pm May 27, 2009 5:25pm

paul czech
| Joined May 2009 | Status: Trader | 98 Posts

and now comeback to 1,61

#134,448
May 27, 2009 6:04pm May 27, 2009 6:04pm

ziko123
| Joined Apr 2006 | Status: Trader | 423 Posts

gbp tanked due to loss of man united to barcelona

#134,449
May 27, 2009 6:07pm May 27, 2009 6:07pm

puteraku73
| Joined Jan 2008 | Status: We get paid for exiting trades..... | 72 Posts

Quoting ziko123

Disliked

gbp tanked due to loss of man united to barcelona

Ignored

hahaha you're right!!!

There is no bad decisions, its only didn't work out.

#134,450
May 27, 2009 6:16pm May 27, 2009 6:16pm

perebeks
| Joined Apr 2008 | Status: Trader | 49 Posts

Quoting alifari

Disliked

Hi,

This is my first post on this thread. Still a newbie and learning a lot from you guys. I spotted divergence on 30 minute chart on GU. Is it okay to enter trade just based on divergence.

Would appreciate your response.

Alifari

Ignored

please i would like to know wat divergence indicator u use and perharps u can share it with us---mi------i'm a newbie 2!!!!

#134,451
May 27, 2009 6:21pm May 27, 2009 6:21pm

deanpreese
| Joined Oct 2008 | Status: Trader | 7 Posts

Maybe I an off my rocker but GBPUSD is sitting in a support zone and should see some level of bounce.

I am long from 15962 SL 15945 TP 16000-16015 the 38%-50% retracement area

Risk 17 to make 40-50 -- pretty good risk reward to me

#134,452
May 27, 2009 6:29pm May 27, 2009 6:29pm

selatanfx
| Membership Revoked | Joined May 2009 | 13 Posts

Start buy GU from 1.5960 hopefully get to 200 pips

{Promotion Removed}

#134,453
May 27, 2009 6:33pm May 27, 2009 6:33pm

John Lo
| Joined Apr 2008 | Status: Trader | 224 Posts

Quoting selatanfx

Disliked

Start buy GU from 1.5960 hopefully get to 200 pips

Ignored

CBI will be released soon, the forecast is far below previous actual. It's not good for cable... why you still want to buy ?

#134,454
May 27, 2009 6:38pm May 27, 2009 6:38pm

selatanfx
| Membership Revoked | Joined May 2009 | 13 Posts

Quoting John Lo

Disliked

CBI will be released soon, the forecast is far below previous actual. It's not good for cable... why you still want to buy ?

Ignored

That only my simple prediction bro. That price yesterday can not hit the lower

{Promotion Removed}

#134,455
May 27, 2009 7:26pm May 27, 2009 7:26pm

biax
| Additional Username | Joined Dec 2008 | 376 Posts

Quoting selatanfx

Disliked

Start buy GU from 1.5960 hopefully get to 200 pips

Ignored

I know it's good to take long, but It's asia session.. I hate it. yesterday I'm stack more than six hours Only for 20 pips

Cable still find good support to backup.

Attached Image (click to enlarge)

Click to Enlarge

Name: hem.gif
Size: 27 KB

#134,456
May 27, 2009 8:05pm May 27, 2009 8:05pm

masut
| Joined Dec 2007 | Status: stack the odds | 508 Posts

Pinbar at daily, confluence with weekly fibo 50 and 38. Short opportunities. But be carefull of counter trend.

Attached Image

#134,457
May 27, 2009 8:05pm May 27, 2009 8:05pm

Lejumeau
| Joined Jan 2009 | Status: Trader | 423 Posts

Pin Bar on a daily chart and price reaching extension fib this is a sign of exhaustion, I think more of a potential pull back before going any further high. A pull back to the EMA would be a good target.

Attached Image (click to enlarge)