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Cable Update (GBPUSD)

  • #148,861
  • Jul 21, 2009 11:24pm Jul 21, 2009 11:24pm
Quoting forexlion
Jack and Jill say down

So my best expectations would be 1.6272

if this happens, the daily chart trend turns bearish and we could see longer tankings in days to come

overall 1 hour and 4 hour are bearish, the daily support comes just below 6383, so if 6383 is definitely taken out the daily support is as good as useless
just keep a close eye on 6383, this MUST BREAK first
  • #148,862
  • Jul 21, 2009 11:30pm Jul 21, 2009 11:30pm
Quoting forexlion
Jack and Jill say down

So my best expectations would be 1.6272

if this happens, the daily chart trend turns bearish and we could see longer tankings in days to come

overall 1 hour and 4 hour are bearish, the daily support comes just below 6383, so if 6383 is definitely taken out the daily support is as good as useless
I can't believe i am on the same side as lion but i agree. 1st we need a half hour, evan better, 1h close below this yelow solid line. keeps diping below but closes above. if we close above the white doted line we would go up a little posibly to pink decending trend line.
Attached Image (click to enlarge)
Click to Enlarge Name: gu chart.gif Size: 23 KB
  • #148,863
  • Jul 21, 2009 11:35pm Jul 21, 2009 11:35pm
Thank You
  • #148,864
  • Jul 21, 2009 11:35pm Jul 21, 2009 11:35pm
Quoting forexlion
Jack and Jill say down

So my best expectations would be 1.6272

if this happens, the daily chart trend turns bearish and we could see longer tankings in days to come

overall 1 hour and 4 hour are bearish, the daily support comes just below 6383, so if 6383 is definitely taken out the daily support is as good as useless
and since 6383 is tricky right now, i will be scalping for sometime till i see it breaking
  • #148,865
  • Jul 21, 2009 11:40pm Jul 21, 2009 11:40pm
Quoting wormboy
woww... Wb..

p/s pulun jgn x pulun..
  • #148,866
  • Jul 21, 2009 11:42pm Jul 21, 2009 11:42pm
Quoting wormboy
6380 - 6430 : ???

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

break 6380,
TP1 : 6355
TP2 : 6325
TP3 : 6280
  • #148,867
  • Jul 21, 2009 11:45pm Jul 21, 2009 11:45pm
Quoting Yngwie
you're late bro.. haha.. anyway morning.
yep, we had a power cut last night, so kept watching the tv for long hours, can't sleep without and air-conditioner in 48 degree Centigrade temps

thankfully i have an 18 hour backup on my computer, else life would be boring
  • #148,868
  • Jul 21, 2009 11:46pm Jul 21, 2009 11:46pm
Quoting ayeen38
woww... Wb..

p/s pulun jgn x pulun..
lol mesti mesti
Thank You
  • #148,869
  • Jul 21, 2009 11:46pm Jul 21, 2009 11:46pm
Quoting iqyusan
6380 - 6430 : ???

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

break 6380,
TP1 : 6355
TP2 : 6325
TP3 : 6280
without charts this post is worth crap in the crapper, and hence now you are permanently on my ignore list.
  • #148,870
  • Jul 21, 2009 11:47pm Jul 21, 2009 11:47pm
Quoting iqyusan
6380 - 6430 : ???

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

break 6380,
TP1 : 6355
TP2 : 6325
TP3 : 6280
break 6380,

TP : 6220
Thank You
  • #148,871
  • Edited Jul 22, 2009 12:03am Jul 21, 2009 11:49pm | Edited Jul 22, 2009 12:03am
Quoting forexlion
without charts this post is worth crap in the crapper, and hence now you are permanently on my ignore list.
don't follow it then ............. just follow bolliwood !!!!!!!

first found, lion is crying in the junggle ............hellow crying pussy...........................
  • #148,872
  • Jul 21, 2009 11:50pm Jul 21, 2009 11:50pm
Quoting wormboy
break 6380,

TP : 6220
  • #148,873
  • Jul 22, 2009 12:00am Jul 22, 2009 12:00am
Quoting forexlion
Jack and Jill say down

So my best expectations would be 1.6272

if this happens, the daily chart trend turns bearish and we could see longer tankings in days to come

overall 1 hour and 4 hour are bearish, the daily support comes just below 6383, so if 6383 is definitely taken out the daily support is as good as useless
Hi, dear lion
I like your chart and would you be kind enough to share the template of chart with me?
  • #148,874
  • Jul 22, 2009 12:04am Jul 22, 2009 12:04am
Quoting wormboy

break 6380,

TP : 6220
Ghost Rider - WWTBMD?
  • #148,875
  • Jul 22, 2009 12:05am Jul 22, 2009 12:05am
here folks
these are the supply and demand trendlines for tonight we are nearing the price equilibrium apex . I am short biased though since price has reacted to both the 61fib and 50fib levels of the last entire down move. also price is walking on thin ice. keep an open mind though because this last congestion that we are having could simply be drying up the current floating supply of shorts in order for price to move freely to the upside. break of that supply trendline could be our first warning
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.jpg Size: 81 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #148,876
  • Jul 22, 2009 12:09am Jul 22, 2009 12:09am
Quoting albchr
hey chris ...

http://www.forexfactory.com/showpost...stcount=148784

free 50
Thank You
  • #148,877
  • Jul 22, 2009 12:17am Jul 22, 2009 12:17am
Quoting wormboy
hey chris ...

http://www.forexfactory.com/showpost...stcount=148784

free 50

Actually buddy free 88........LOL

http://www.forexfactory.com/showpost...stcount=148840

Be looking to short this little retrace we'll have here too....
Ghost Rider - WWTBMD?
  • #148,878
  • Jul 22, 2009 12:28am Jul 22, 2009 12:28am
Quoting albchr
Actually buddy free 88........LOL

http://www.forexfactory.com/showpost...stcount=148840

Be looking to short this little retrace we'll have here too....

lol nice
shorts are off now
I'm just scalping small longs for now.
Thank You
  • #148,879
  • Jul 22, 2009 12:30am Jul 22, 2009 12:30am
Nice clean range on a 5 min chart, 100+ pips scalping , 6 trades.
  • #148,880
  • Jul 22, 2009 12:31am Jul 22, 2009 12:31am
Quoting wormboy
lol nice
shorts are off now
I'm just scalping small longs for now.
........Small longs with your shorts off??......
Ghost Rider - WWTBMD?
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