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Cable Update (GBPUSD)

  • #146,521
  • Jul 15, 2009 10:40am Jul 15, 2009 10:40am
Did anyone notice the twin Doji on the 30.
  • #146,522
  • Jul 15, 2009 10:42am Jul 15, 2009 10:42am
Quoting casitas
Hi Angelina, what is your TP?
I keep moving my sl but I respect 6500+.

GoodLuck

Angelina
  • #146,523
  • Jul 15, 2009 10:42am Jul 15, 2009 10:42am
Well 650 seems to be holding for now but it has hit is pretty hard, without a decent move down. Price action is showing a little re tracement, but we may see 480-500 before a move down. What do u think ?
Quoting wormboy
Just don't discount the possibility of that double bottom playing out tho jim.
That's too large to ignore
  • #146,524
  • Jul 15, 2009 10:45am Jul 15, 2009 10:45am
I have just recieved a long signal on EUR/GBP and that could tell the tale. Sorry for the out of thread remark, but i believe it is significant.
  • #146,525
  • Jul 15, 2009 10:49am Jul 15, 2009 10:49am
Waiting, Waiting...
Hero Traders Live to see their Accounts Die!
  • #146,526
  • Jul 15, 2009 10:49am Jul 15, 2009 10:49am
I did

LT
Quoting Nene
Did anyone notice the twin Doji on the 30.
Discomfort and profit often stand side by side
  • #146,527
  • Jul 15, 2009 10:52am Jul 15, 2009 10:52am
Hi Nene
I does mean for the Cable to dive a bit? (200 points...)
(we have a few divregences on 30 Minuts and 15 minuts charts on stochastic but often it doesn`t work

London Trader

Quoting Nene
I have just recieved a long signal on EUR/GBP and that could tell the tale. Sorry for the out of thread remark, but i believe it is significant.
Discomfort and profit often stand side by side
  • #146,528
  • Jul 15, 2009 10:55am Jul 15, 2009 10:55am
I am also seeing a slight divergences on the 1 hour also, very slight. But none on the 4hour or daily.
Quoting LondonTrader
Hi Nene
I does mean for the Cable to dive a bit? (200 points...)
(we have a few divregences on 30 Minuts and 15 minuts charts on stochastic but often it doesn`t work

London Trader
  • #146,529
  • Jul 15, 2009 10:56am Jul 15, 2009 10:56am
Nothing in this market is 100%. Just got to evaluate each signal. EXA: Bearish Divergence with Overbought conditions....ETC

Quoting LondonTrader
Hi Nene
I does mean for the Cable to dive a bit? (200 points...)
(we have a few divregences on 30 Minuts and 15 minuts charts on stochastic but often it doesn`t work

London Trader
  • #146,530
  • Jul 15, 2009 10:56am Jul 15, 2009 10:56am
Quoting Nene
I have just recieved a long signal on EUR/GBP and that could tell the tale. Sorry for the out of thread remark, but i believe it is significant.
EUR is climbing hard right now. Could it be it's just out performing the GBP?
Ghost Rider - WWTBMD?
  • #146,531
  • Jul 15, 2009 10:57am Jul 15, 2009 10:57am
Ooo,
We have divergence on 4H on MACD (set up 4-7-10) Whatever I don`t have enough confirmation confirmation on price action
London Trader
Quoting dobbie11
I am also seeing a slight divergences on the 1 hour also, very slight. But none on the 4hour or daily.
Discomfort and profit often stand side by side
  • #146,532
  • Jul 15, 2009 10:59am Jul 15, 2009 10:59am
2 mins before the london close. Lets see what way the big boys are going selling off taking profits or still buying ? Will they show there hand ?
  • #146,533
  • Jul 15, 2009 10:59am Jul 15, 2009 10:59am
Quoting Nene
Wormies 1 hr Evening Star has formed and pulled back nicely.
Yea bro, I saw it too. looks like false alarm the first time.
Was away nursing my dragon. I love trading that beast
Thank You
  • #146,534
  • Jul 15, 2009 11:00am Jul 15, 2009 11:00am
I put more stock in Trix a lot more than MACD. Macd just doesn't always give me the right story. But it is wrong sometimes also. But all around better indy.
  • #146,535
  • Jul 15, 2009 11:01am Jul 15, 2009 11:01am
I have seen them form and pullback like that and then slingshot on down.

Quoting wormboy
Yea bro, I saw it too. looks like false alarm the first time.
Was away nursing my dragon. I love trading that beast
  • #146,536
  • Jul 15, 2009 11:02am Jul 15, 2009 11:02am
Quoting dobbie11
Well 650 seems to be holding for now but it has hit is pretty hard, without a decent move down. Price action is showing a little re tracement, but we may see 480-500 before a move down. What do u think ?
Dobbie 480 as in 6480? Sorry to ask because the 650 you mentioned, that figure I'm confused
Thank You
  • #146,537
  • Jul 15, 2009 11:06am Jul 15, 2009 11:06am
Quoting wormboy
Yea bro, I saw it too. looks like false alarm the first time.
Was away nursing my dragon. I love trading that beast
Yeah, I'm sorry I let that 9 pip spread on the dragon get in my way the other day. 9 pips don't seem like a whole lot now....
Ghost Rider - WWTBMD?
  • #146,538
  • Jul 15, 2009 11:06am Jul 15, 2009 11:06am
Thx, where can I find the Trix ? Cannot find on Meta Trader4
LT
Quoting Nene
I put more stock in Trix a lot more than MACD. Macd just doesn't always give me the right story. But it is wrong sometimes also. But all around better indy.
Discomfort and profit often stand side by side
  • #146,539
  • Jul 15, 2009 11:07am Jul 15, 2009 11:07am
Quoting wormboy
Dobbie 480 as in 6480? Sorry to ask because the 650 you mentioned, that figure I'm confused
ASW bro. Great reading all your comments today, always a big big help for beginners like me. What do you think of the new 1 hour candle on GU. Just need your feedback.
You've got to be IN IT to WIN IT!
  • #146,540
  • Jul 15, 2009 11:08am Jul 15, 2009 11:08am
Quoting Nene
I have seen them form and pullback like that and then slingshot on down.
Noted thanks.
Thank You
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