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Cable Update (GBPUSD)

  • #148,821
  • Jul 21, 2009 8:24pm Jul 21, 2009 8:24pm
Triple bottom on intraday charts at 1.6380. A break there is needed to confirm more downside. Another failure there could take it to the UTL at 1.6440/50. GL

Better safe than sorry
  • #148,822
  • Jul 21, 2009 8:39pm Jul 21, 2009 8:39pm
Quoting alex1976
Ive got a new strategy!

Its called "wave rider" and its got one rule:

Role with the waves, you'll miss a few small ones, but you'll catch the big ones, but always remember to ride with the wave.


Goodluck
... could you please explain it ... it should be very interesting ....
  • #148,823
  • Jul 21, 2009 8:48pm Jul 21, 2009 8:48pm
Quoting zhangli
Hi, I am new one from Japan
anyone could tell me how to find the oscillation indicator in this chart?
Wait for him then, normally he will be online soon.
Great Bodies are Engineered not Born
  • #148,824
  • Jul 21, 2009 8:58pm Jul 21, 2009 8:58pm
Where's ForexLion ?
Disclaimer: Check your 1m charts
  • #148,825
  • Jul 21, 2009 9:02pm Jul 21, 2009 9:02pm
See yee folks. Got to get some rest
Disclaimer: Check your 1m charts
  • #148,826
  • Jul 21, 2009 9:07pm Jul 21, 2009 9:07pm
Good Morning Guys...

H4 charts seems also ready to go up...
Never Stop Learning...
  • #148,827
  • Jul 21, 2009 9:10pm Jul 21, 2009 9:10pm
Quoting dogol
... could you please explain it ... it should be very interesting ....

Everything you need to know is right there in the rule!

I cant explain it better than that.

Remember, trading is an art, not an exact science, that some would like to believe!
  • #148,828
  • Jul 21, 2009 9:11pm Jul 21, 2009 9:11pm
Quoting chonyc
Good Morning Guys...

H4 charts seems also ready to go up...
hard to break 6385, but let see if this 4h candle close above 6435 or not.

Angel.
  • #148,829
  • Jul 21, 2009 9:21pm Jul 21, 2009 9:21pm
Quoting Angelina
hard to break 6385, but let see if this 4h candle close above 6435 or not.

Angel.
Imo .. this support level would be sliced like a cheese cake later .. daily trend is very bearish.
  • #148,830
  • Jul 21, 2009 9:23pm Jul 21, 2009 9:23pm
Quoting mktjong
Imo .. this support level would be sliced like a cheese cake later .. daily trend is very bearish.
yes, agree bearish
  • #148,831
  • Jul 21, 2009 9:28pm Jul 21, 2009 9:28pm
Angelina, do you think its going up in the near term, say over the next hour or two?
  • #148,832
  • Jul 21, 2009 9:37pm Jul 21, 2009 9:37pm
Above 6260 is still be bullish for me...
Never Stop Learning...
  • #148,833
  • Jul 21, 2009 9:48pm Jul 21, 2009 9:48pm
Quoting Angelina
hard to break 6385, but let see if this 4h candle close above 6435 or not.

Angel.
6380 - 6430 : ???

break 6430,
TP1 : 6465
TP2 : 6495
TP3 : 6525

break 6380,
TP1 : 6355
TP2 : 6325
TP3 : 6280
  • #148,834
  • Jul 21, 2009 9:56pm Jul 21, 2009 9:56pm
i do think though that before we see the uk open will retrace back up to 435 or so.
  • #148,835
  • Jul 21, 2009 9:57pm Jul 21, 2009 9:57pm
back to back hammers on 1hr chart!
  • #148,836
  • Jul 21, 2009 10:00pm Jul 21, 2009 10:00pm
Today is day which is worth commemorating

the GBP/USD attention price 1.6350 breakthroughs does spatially, stops damages 1.6400, stops wins 1.6220, stands firmly nearby this price does many, stops damages 1.6300, stops wins 1.6470 directions not bright

the EUR/USD direction to look spatially temporarily Suggested that the investor meets Gao Zuokong primarily, stops damages the position: 1.4250 Goal position .4150, 1.41001.4050
  • #148,837
  • Jul 21, 2009 10:04pm Jul 21, 2009 10:04pm
Quoting alex1976
Angelina, do you think its going up in the near term, say over the next hour or two?
I am not sure Alex, but either ways ;D

but 4h hit the resistance there if cant break = up again thou

goodluck.
  • #148,838
  • Edited 10:37pm Jul 21, 2009 10:09pm | Edited 10:37pm
Just checking in. Seems to be going well.... Moved stop. Bouncing off the lower TL. Holding to the plan. OK, back to sleep. See you in London...

http://www.forexfactory.com/showpost...stcount=148808

EDIT: Closed 1 lot +52 Leaving the other lot run. Locked at +36
Attached Image (click to enlarge)
Click to Enlarge Name: gu1_2.gif Size: 24 KB
Ghost Rider - WWTBMD?
  • #148,839
  • Jul 21, 2009 10:18pm Jul 21, 2009 10:18pm
Quoting albchr
Just checking in. Seems to be going well.... Moved stop. Bouncing off the lower TL. Holding to the plan. OK, back to sleep. See you in London...

http://www.forexfactory.com/showpost...stcount=148808
Nice plan. Lets go to sleep.
Great Bodies are Engineered not Born
  • #148,840
  • Jul 21, 2009 10:26pm Jul 21, 2009 10:26pm
poor joke removed @ request
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