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Cable Update (GBPUSD)

  • #154,721
  • Aug 4, 2009 2:19am Aug 4, 2009 2:19am
Quoting stewrigh
Morning all..
Good morning, but believe me its evening here
  • #154,722
  • Aug 4, 2009 2:22am Aug 4, 2009 2:22am
Quoting stewrigh
Morning all..
Morning Stew...
Ghost Rider - WWTBMD?
  • #154,723
  • Aug 4, 2009 2:25am Aug 4, 2009 2:25am
the tren is still going up ?
  • #154,724
  • Aug 4, 2009 2:28am Aug 4, 2009 2:28am
Quoting nAVIN2007
i do think so..best thing to do is..look for where price ranges and buy on the bottom of the range..that way its got room to move up..

this is a good method to get in..be lucky
Thank you.
Great Bodies are Engineered not Born
  • #154,725
  • Aug 4, 2009 2:30am Aug 4, 2009 2:30am
Quoting Jimz
the tren is still going up ?
Never thought I'd say this but I'm not sure - we must be due a retrace soon.
  • #154,726
  • Aug 4, 2009 2:32am Aug 4, 2009 2:32am
Quoting stewrigh
Never thought I'd say this but I'm not sure - we must be due a retrace soon.

1.7 is obviously the level to watch, if that is broken convincingly then we'll probly carry on up.
  • #154,727
  • Aug 4, 2009 2:34am Aug 4, 2009 2:34am
Quoting stewrigh
Never thought I'd say this but I'm not sure - we must be due a retrace soon.
market from what what i have seen will always go where u want it go after it has taken the opposite side out..take the false breakout on the 15 minute for example i bet..it does the same thing on the lower line..then go up!

banks are stop hunting.. (it can do this cause in theory it still made a higher high on 15m..till theres a lower low up is still favourable)

or its a retrace..
  • #154,728
  • Aug 4, 2009 2:41am Aug 4, 2009 2:41am
short at 6945 for 50 pips target to fulfil my day
  • #154,729
  • Aug 4, 2009 2:42am Aug 4, 2009 2:42am
MORNING ALLZ
  • #154,730
  • Aug 4, 2009 2:45am Aug 4, 2009 2:45am
Looking at the bigger picture the 61 fib comes in at 1.76 -hmmmm I wonder...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.jpg Size: 177 KB
  • #154,731
  • Aug 4, 2009 2:51am Aug 4, 2009 2:51am
Tweezer Tops on the 4 hour could be indicating a retrace....Think the 1 hour has to close below 1.6900 to confirm this though - so wouldn't short until then - this could be a bear trap...
May the forex be with you |
  • #154,732
  • Aug 4, 2009 2:51am Aug 4, 2009 2:51am
Quoting stewrigh
Looking at the bigger picture the 61 fib comes in at 1.76 -hmmmm I wonder...

Attachment
Now will you stop that.....
Ghost Rider - WWTBMD?
  • #154,733
  • Aug 4, 2009 2:55am Aug 4, 2009 2:55am
Quoting praiseaccess
short at 6945 for 50 pips target to fulfil my day
the road still LONG bro..
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #154,734
  • Aug 4, 2009 2:59am Aug 4, 2009 2:59am
Quoting Yngwie
the road still LONG bro..
1H bar become retrace ....some trap ?????
  • #154,735
  • Aug 4, 2009 3:03am Aug 4, 2009 3:03am
next 1H bar looks like are going down again...
good for sell or buy ?
  • #154,736
  • Aug 4, 2009 3:07am Aug 4, 2009 3:07am
Quoting laharjaya
1H bar become retrace ....some trap ?????
time to climb...hehe
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #154,737
  • Aug 4, 2009 3:08am Aug 4, 2009 3:08am
time to sell i think..until 1.6850..retracement period..hehe
  • #154,738
  • Aug 4, 2009 3:19am Aug 4, 2009 3:19am
Quoting Yngwie
time to climb...hehe
Quoting amir.ishak
time to sell i think..until 1.6850..retracement period..hehe

Guys please, Quit making unsubstantiated and wild calls here! All it does is eat up thread space, annoy the experienced traders and confuse the new ones...

If you have an "opinion", PLEASE back it up with a chart and some solid reasoning behind your claims!! OK?
Ghost Rider - WWTBMD?
  • #154,739
  • Aug 4, 2009 3:20am Aug 4, 2009 3:20am
Quoting albchr
Now will you stop that.....

Ooops . Just can't help it..
  • #154,740
  • Aug 4, 2009 3:22am Aug 4, 2009 3:22am
Quoting albchr
Guys please, Quit making unsubstantiated and wild calls here! All it does is eat up thread space, annoy the experienced traders and confuse the new ones...

If you have an "opinion", PLEASE back it up with a chart and some solid reasoning behind your claims!! OK?

brilliant
Gone to a better place
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