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Cable Update (GBPUSD)

  • #160,361
  • Aug 24, 2009 7:25pm Aug 24, 2009 7:25pm
Quoting Pyramus
Long at 1.6394
what's ur target
  • #160,362
  • Aug 24, 2009 7:34pm Aug 24, 2009 7:34pm
long 1.6390 target 100 pip sl 30 pip
  • #160,363
  • Aug 24, 2009 7:40pm Aug 24, 2009 7:40pm
Quoting roreki
what's ur target
1.6550 still holding SL 30pip
  • #160,364
  • Aug 24, 2009 7:48pm Aug 24, 2009 7:48pm
Hi all, i am nubie here..
Just one to ask is weekly chart showing us bearish signal? look like shooting star.
  • #160,365
  • Aug 24, 2009 7:58pm Aug 24, 2009 7:58pm
Quoting vangcuibap
long 1.6390 target 100 pip sl 30 pip
Logical target, but if ascending wedge will be confirmed and reacted as expected, and final 1H chart Fib retracement will be ended could make a problem. Good luck with news today.
If you resist at heart attack, you will be rich from trading.
  • #160,366
  • Aug 24, 2009 8:01pm Aug 24, 2009 8:01pm
Quoting Ilovefx
Logical target, if ascending wedge will be confirmed and reacted as expected, and final 1H chart Fib retracement will be ended. Good luck with news today.
thanks bro, you too
  • #160,367
  • Aug 24, 2009 8:16pm Aug 24, 2009 8:16pm
Van,

Please take care about my warning. Still morning here and the sentence was not complete . Sorry.

Again good luck.

Quoting Ilovefx
Logical target, but if ascending wedge will be confirmed and reacted as expected, and final 1H chart Fib retracement will be ended could make a problem. Good luck with news today.
If you resist at heart attack, you will be rich from trading.
  • #160,368
  • Aug 24, 2009 8:35pm Aug 24, 2009 8:35pm
Quoting grashid
TP 1.67 ...just joking

long ?? are u sure?
  • #160,369
  • Aug 24, 2009 8:50pm Aug 24, 2009 8:50pm
Great it's moving now
  • #160,370
  • Aug 24, 2009 9:14pm Aug 24, 2009 9:14pm
The key level confirm move up is 1.6446 ( Daily Pivot today)
Attached Image (click to enlarge)
Click to Enlarge Name: 250809.gif Size: 77 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #160,371
  • Aug 24, 2009 9:15pm Aug 24, 2009 9:15pm
hmm asian markets are red
  • #160,372
  • Aug 24, 2009 9:34pm Aug 24, 2009 9:34pm
Quoting medsfx
long ?? are u sure?
  • #160,373
  • Aug 24, 2009 10:35pm Aug 24, 2009 10:35pm
Good morning to you all,

My outlook today remains bearish overall. There may be some retrace, but I would like to see the 1.6340 to 1.6330 level touched during the next day or so.

Key levels to look out for to the downside:

The 1.6400 round number, The low of yesterday @ 1.6390, lower level of daily channel @ 1.6362

To the topside, we have Friday's low @ 1.6417 that is now a resistance level, also last week's 50% line @ 1.6448 and this week's 50% line @ 1.6462. I am short from 1.6414 with initial target 1.6362, then 1.6335. I may sell more if we go back to 1.6448

Of course, I may be totally wrong in my opinion.

Good trading all!
  • #160,374
  • Aug 24, 2009 10:55pm Aug 24, 2009 10:55pm
Bad day yesterday with my long... We're now @1.6387 61.8% fibo level... Daily chart is long... so be carefull at this point... Still holding my long from yesterday! but soon will touch my SL
  • #160,375
  • Aug 24, 2009 11:04pm Aug 24, 2009 11:04pm
Quoting mikjurado
Bad day yesterday with my long... We're now @1.6387 61.8% fibo level... Daily chart is long... so be carefull at this point... Still holding my long from yesterday! but soon will touch my SL
daily chart is long?..post ur chart so that we can learn from you....
  • #160,376
  • Aug 24, 2009 11:06pm Aug 24, 2009 11:06pm
Quoting mikjurado
Bad day yesterday with my long... We're now @1.6387 61.8% fibo level... Daily chart is long... so be carefull at this point... Still holding my long from yesterday! but soon will touch my SL
trend is not up anymore:
http://www.forexfactory.com/showpost...stcount=160296

p/s : okie - 380
Thank You
  • #160,377
  • Aug 24, 2009 11:08pm Aug 24, 2009 11:08pm
320
  • #160,378
  • Aug 24, 2009 11:10pm Aug 24, 2009 11:10pm
Possible to touch 1.6200 this week, I think so
  • #160,379
  • Aug 24, 2009 11:15pm Aug 24, 2009 11:15pm
Quoting okie
Possible to touch 1.6200 this week, I think so
lol, now you're pushing it.

some wood to chop for us to get to 6165:
http://www.forexfactory.com/showpost...postcount=2608
Thank You
  • #160,380
  • Aug 24, 2009 11:16pm Aug 24, 2009 11:16pm
Quoting mikjurado
Bad day yesterday with my long... We're now @1.6387 61.8% fibo level... Daily chart is long... so be carefull at this point... Still holding my long from yesterday! but soon will touch my SL
Another upside down monitor perhaps?
Ghost Rider - WWTBMD?
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