Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#150,381
Jul 23, 2009 10:37pm Jul 23, 2009 10:37pm

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

Quoting Angelina

Disliked

I think it is going back to 6480 area @ 38% retracement then go up if more is @50% 66450 I'll go long around there points.

good luck all.

Ignored

I missed this one

I was thinking long there and target top 0.0 % @ 6545 but
went out.

#150,382
Jul 23, 2009 10:42pm Jul 23, 2009 10:42pm

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

Quoting RichLadyFX

Disliked

There is no more jack n jill? They made more accurate call than your girlfriend.

Ignored

girlfriend chased jack and jill away

#150,383
Jul 23, 2009 10:48pm Jul 23, 2009 10:48pm

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

went long gu exit @ 1.6546, but i will be expecting 1.6600

Attached Image (click to enlarge)

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Name: gu.gif
Size: 15 KB

#150,384
Jul 23, 2009 11:00pm Jul 23, 2009 11:00pm

samdani786
| Commercial User | Joined Feb 2008 | 7,908 Posts

will anybody consider this a H&S with the neck line about to break ?

Attached Image (click to enlarge)

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The finest tool in the world still needs a MAN who KNOWS how to use it.

#150,385
Jul 23, 2009 11:02pm Jul 23, 2009 11:02pm

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

Quoting forexlion

Disliked

went long gu exit @ 1.6546, but i will be expecting 1.6600

Ignored

Both 1 hr chart and 4hr chart are "currently" bearish, I will wait for a breakout of this triangle first for further confirmation.

Attached Image (click to enlarge)

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Name: gbpusd.gif
Size: 25 KB

#150,386
Jul 23, 2009 11:26pm Jul 23, 2009 11:26pm

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

Quoting forexlion

Disliked

went long gu exit @ 1.6546, but i will be expecting 1.6600

Ignored

within 35 minutes the new 4 hour candle comes in and that decides whether my long was good or bad, if bad i will book loss @ -8 else continue.

#150,387
Jul 23, 2009 11:30pm Jul 23, 2009 11:30pm

qp2
Joined Jul 2009 | Status: Trader | 7,414 Posts

Hi Lion,

I will do my best to comment re cable.

I am in a hurry and under a little duress, but the way I see it.

1/ to early tp make an accurate call for where it will be in 4 hours.

2/ 4 hourly support and resistance at 6450 and 6520.

3/Asian market has trended down looking at the daily trend a reversal on the London open is very probable.

5/ minute chart is has a downward sloping triangular pattern but a longer term up trend.

6/ I have shorted on my demo account with conserative TP at 6525 and 6520 and 6504

7/ sorry I cannot attach a chart, the price I pay for being a bad trader is haveing to go to work.

Happy trading guys, I will check things out tomorrow.

#150,388
Jul 23, 2009 11:32pm Jul 23, 2009 11:32pm

ssaqeel
| Joined Jul 2009 | Status: Trader | 600 Posts

Does Anyone use Forex Trend Signal Indicator , it works on all timeframes i had been following up for a month now and so far its giving accurate signal trends i.e up or down

#150,389
Jul 23, 2009 11:35pm Jul 23, 2009 11:35pm

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

Quoting qp2

Disliked

Hi Lion,

I will do my best to comment re cable.

I am in a hurry and under a little duress, but the way I see it.

1/ to early tp make an accurate call for where it will be in 4 hours.

2/ 4 hourly support and resistance at 6450 and 6520.

3/Asian market has trended down looking at the daily trend a reversal on the London open is very probable.

5/ minute chart is has a downward sloping triangular pattern but a longer term up trend.

6/ I have shorted on my demo account with conserative TP at 6525 and 6520 and 6504

7/ sorry I cannot attach...

Ignored

http://www.metaquotes.net/mobile_terminals/

for trading @ work

#150,390
Jul 23, 2009 11:39pm Jul 23, 2009 11:39pm

Michigan120
| Joined Jun 2009 | Status: Yes, big Bear with a Bull mask | 11 Posts

Quoting samdani786

Disliked

will anybody consider this a H&S with the neck line about to break ?

Ignored

I would consider it better if price went to just above 1.6546 first then broke to the downside to make a H & S pattern on the 1 hour (with bearish divergence at the head)

#150,391
Jul 23, 2009 11:40pm Jul 23, 2009 11:40pm

Macedonia
| Joined Jun 2008 | Status: Trader | 409 Posts

Quoting ssaqeel

Disliked

Does Anyone use Forex Trend Signal Indicator , it works on all timeframes i had been following up for a month now and so far its giving accurate signal trends i.e up or down

Ignored

if you can post the indicator you are questioning about we could test it and give our opinion. it has not been posted on this thread after searching the attachments. so don't know where you got it from. cheers

#150,392
Jul 24, 2009 12:05am Jul 24, 2009 12:05am

ssaqeel
| Joined Jul 2009 | Status: Trader | 600 Posts

Quoting Macedonia

Disliked

if you can post the indicator you are questioning about we could test it and give our opinion. it has not been posted on this thread after searching the attachments. so don't know where you got it from. cheers

Ignored

Sure mece, there you go

Attached File(s)

Forex Silver Trend.ex4 4 KB | 394 downloads

instruction.doc 51 KB | 541 downloads

#150,393
Jul 24, 2009 12:08am Jul 24, 2009 12:08am

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

Thank You

#150,394
Jul 24, 2009 12:11am Jul 24, 2009 12:11am

Macedonia
| Joined Jun 2008 | Status: Trader | 409 Posts

Quoting ssaqeel

Disliked

Sure mece, there you go

Ignored

thanks ss i will get back to you via pm after some study. and worm love your post short sweet and straight to the point.

i agree by the way.

#150,395
Jul 24, 2009 12:23am Jul 24, 2009 12:23am

Macedonia
| Joined Jun 2008 | Status: Trader | 409 Posts

Quoting Macedonia

Disliked

thanks ss i will get back to you via pm after some study. and worm love your post short sweet and straight to the point. i agree by the way.

Ignored

i did say i will pm you but not much study needed. just a quick look at it and quick reply, its just a ma price cross indi or ma cross which is named diferant to give it a holy grail feeling. not to sure about it like all indies at times they work then at time they fail. becareful with fancy indicaters they are nothing more than a common indicater just changed to a diferant name. nothing new.cheers.

#150,396
Jul 24, 2009 12:24am Jul 24, 2009 12:24am

ssaqeel
| Joined Jul 2009 | Status: Trader | 600 Posts

Quoting Macedonia

Disliked

i did say i will pm you but not much study needed. just a quick look at it and quick reply, its just a ma price cross indi or ma cross which is named diferant to give it a holy grail feeling. not to sure about it like all indies at times they work then at time they fail. becareful with fancy indicaters they are nothing more than a common indicater just changed to a diferant name. nothing new.cheers.

Ignored

Thanks MECE