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Cable Update (GBPUSD)

Quoting alex1976
Can this short hold through till tomorrow, and if so whats your first tp?


What stop loss are you using for your short at 324?
I am going to see if she can go below 5800 .. So yes i will try to hold. My stop is breakeven on all my shorts at 6395
Quoting RichLadyFX
Are we really finished with shorts today? Missed my TP by few pips.

I thought you'd moved your TP a bit higher to avoid support at 1.624?
Good to see everybody on the happy drug...... well shorties anyway

TP adjusted to 1.5850.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  •  zykas
  • | Joined Oct 2008 | Status: ... measure thrice, but cut once | 196 Posts
Looking at the daily , a double top is clearly visible, we might go down to 1.6054 in a couple of hours only if the support at 6248 gives way.
I like the Big Dogs because I trade like them
Hey,

Whats the best Free Forex: Charts Software:

Im currently using accucharts but compared to other charts it sometimes is alittle un-acurate

And metatraders interface is a little tough to get use to...

So any other ones out there i could try?
Forex support resistance level

http://forexforums.dailyfx.com/attac...yst-forex1.jpg

___________________

S + R = $$$

.
Quoting AndyPass
I thought you'd moved your TP a bit higher to avoid support at 1.624?



Great Bodies are Engineered not Born
Quoting AndyPass
I thought you'd moved your TP a bit higher to avoid support at 1.624?
Finally hit my TP. Where do we go from here? Started to long for scalping...
Great Bodies are Engineered not Born
this ones going south, it looks like!!!


174 next support?

Anyone agree?
Is this is measured move?
Quoting RichLadyFX
Finally hit my TP. Where do we go from here? Started to long for scalping...

I think there is too much momentum down at the moment to go long!
I will sell @ 1.6200, TP 1.6100
very steep slope on macd 15min!
welcome 1.6073..... short till here..... then prepare to long.... average 200 poin below
Quoting alex1976
very steep slope on macd 15min!
Nice trade! I just took a nap and woke up smiling hahah
is the head and shoulders playing out on the 1hr?
Quoting sinyo79
welcome 1.6073..... short till here..... then prepare to long.... average 200 poin below
I would like to see 5800 and below to be honest.
Quoting alex1976
is the head and shoulders playing out on the 1hr?
It's a pretty ugly looking one but if it is one, then the neckline is broken.
since daily close below 1.6236 as per mentioned in NY session....1.60896 is where am looking for today..good luck to all
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Quoting jack.canadia
It's a pretty ugly looking one but if it is one, then the neckline is broken.

So then it looks like 5800 is a strong possibillity!
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