Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#144,401
Jul 8, 2009 9:49pm Jul 8, 2009 9:49pm

wormboy
Joined Jan 2009 | Status: Not bothered. | 18,084 Posts

Quoting forexlion

Disliked

wormie ohhh wormie ohhhhhhhh

Ignored

lion-O! my favourite thundercat!
give me sight beyond sight

Thank You

#144,402
Jul 8, 2009 9:52pm Jul 8, 2009 9:52pm

forexlion
| Additional Username | Joined Sep 2009 | 8,623 Posts

Quoting wormboy

Disliked

lion-O! my favourite thundercat!
give me sight beyond sight

Ignored

Quoting forexlion

Disliked

my ideal short entry is 1.6101 if it gets there else .....

Ignored

1.5990
1.5879

and if it really spikes hard 1.5778

forgot to add

these are strong monthly supports, we need to break them in order

#144,403
Jul 8, 2009 10:02pm Jul 8, 2009 10:02pm

Yngwie
Joined Aug 2008 | Status: Trader | 3,976 Posts

Forex Lion! I love to hear your analysis. atm im waiting price break 6053 to take short and price break 6110 for buy.

Live trade ~ GBPUSD only. No chart! Follow at your own risk!

#144,404
Jul 8, 2009 10:03pm Jul 8, 2009 10:03pm

forexlion
| Additional Username | Joined Sep 2009 | 8,623 Posts

and if i got this macd on monthly right then we still got a whole lot of tanking to do over time

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#144,405
Jul 8, 2009 10:16pm Jul 8, 2009 10:16pm

Angelina
Joined Jul 2008 | Status: Forex4Ever | 2,190 Posts

waiting for 6145 area(retrace 4h chart) to short. I could miss this short now but idc.

Angelina.

#144,406
Jul 8, 2009 10:30pm Jul 8, 2009 10:30pm

tomie
| Joined Jun 2009 | Status: Sedaka Kampung Boy | 73 Posts

GU raise up la pulok....

#144,407
Jul 8, 2009 10:30pm Jul 8, 2009 10:30pm

GodfreyH
Joined Aug 2007 | Status: Jamaica | 1,069 Posts

Quoting wormboy

Disliked

Hi Nisda. Yup still bearish both cable & dragon.

Attached below's a look at daily cable. I kept on going about 5900 yesterday. This level won't be a walk in the park as it had proved in the past. And we're approaching the ltl as well. So it'll be interesting to see how price reacts here. Plus I don't see any reversal pattern to panic.

Good luck

Ignored

I agree with you about the daily, here's a weekly chart, with a reversal candlestick pattern I identified. This doesn't occur frequently on the weekly charts , so I wonder, a strong reject from the 38.2 fib and back down? Time will tell, I trade intra-day, so will trade as per intra-day direction.

If anyone wants the candlestick indicator, you can see this post:

http://www.forexfactory.com/showpost...stcount=184115

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#144,408
Jul 8, 2009 10:49pm Jul 8, 2009 10:49pm

suntzu
| Joined Apr 2009 | Status: Fx War | 241 Posts

Quoting GodfreyH

Disliked

I agree with you about the daily, here's a weekly chart, with a reversal candlestick pattern I identified. This doesn't occur frequently on the weekly charts , so I wonder, a strong reject from the 38.2 fib and back down? Time will tell, I trade intra-day, so will trade as per intra-day direction.

If anyone wants the candlestick indicator, you can see this post:

http://www.forexfactory.com/showpost...stcount=184115

Ignored

Nice work GodfreyH. Thank you.

trade safe

#144,409
Jul 8, 2009 10:51pm Jul 8, 2009 10:51pm

suntzu
| Joined Apr 2009 | Status: Fx War | 241 Posts

price is near SMA 50 on daily chart. a break here can take price to LTL of the channel.

trade safe

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#144,410
Jul 8, 2009 11:23pm Jul 8, 2009 11:23pm

narocc
| Joined Apr 2007 | Status: Trader | 78 Posts

Quoting tomie

Disliked

GU raise up la pulok....

Ignored

i believe this is an international forum, I'm happy if all of us can respect it.

#144,411
Jul 8, 2009 11:59pm Jul 8, 2009 11:59pm

woodlybog
| Joined Mar 2009 | Status: longing for summer | 156 Posts

Anyone still in short?!?

#144,412
Jul 9, 2009 12:01am Jul 9, 2009 12:01am

Pip Diddly
| Joined Jun 2009 | Status: Trader | 7 Posts

1.6094 looks to me like a good place to short

#144,413
Jul 9, 2009 12:01am Jul 9, 2009 12:01am

jack.canadia
Joined Dec 2008 | Status: Conservative | 2,112 Posts

Quoting woodlybog

Disliked

Anyone still in short?!?

Ignored

waiting for 6140

#144,414
Jul 9, 2009 12:04am Jul 9, 2009 12:04am

Spider-Man
| Joined Jul 2009 | Status: Trader | 57 Posts

gettin ready for the short...

With Great Money Management Comes Great Success PATIENCE

#144,415
Jul 9, 2009 12:05am Jul 9, 2009 12:05am

Nisda_
| Joined Apr 2008 | Status: Trader | 117 Posts

Quoting wormboy

Disliked

Hi Nisda. Yup still bearish both cable & dragon.

Attached below's a look at daily cable. I kept on going about 5900 yesterday. This level won't be a walk in the park as it had proved in the past. And we're approaching the ltl as well. So it'll be interesting to see how price reacts here. Plus I don't see any reversal pattern to panic.

Good luck

Ignored

Thanks WB for responding. muah..muah

#144,416
Jul 9, 2009 12:08am Jul 9, 2009 12:08am

forexlion
| Additional Username | Joined Sep 2009 | 8,623 Posts

Quoting Pip Diddly

Disliked

1.6094 looks to me like a good place to shit

Ignored

#144,417
Jul 9, 2009 12:09am Jul 9, 2009 12:09am

Endrju
| Joined Apr 2009 | Status: Trader | 285 Posts

went short AT 6097, now be, i would prefer going short at smth near 6130/40. i think there is a big chance today to get lower to 5800, int. rate decision statement mostly has been a bad new for gbp

#144,418
Jul 9, 2009 12:09am Jul 9, 2009 12:09am