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Cable Update (GBPUSD)

  • #165,481
  • Sep 14, 2009 10:42pm Sep 14, 2009 10:42pm
Quoting rdhanani
which charting software are you using? It seems fairly easy to read the charts using that s/w?

Thanks!
it is metta trader thru interbank
  • #165,482
  • Sep 14, 2009 10:48pm Sep 14, 2009 10:48pm
Quoting trabagwe
it is metta trader thru interbank
Thanks!
  • #165,483
  • Sep 14, 2009 10:49pm Sep 14, 2009 10:49pm
Quoting rdhanani
Thanks!
you'r welcome
  • #165,484
  • Sep 15, 2009 1:00am Sep 15, 2009 1:00am
Anybody got any idea where this bull will stop before retrace? Got long from 6620 but no idea for tp.
  • #165,485
  • Sep 15, 2009 1:10am Sep 15, 2009 1:10am
any ideas about today's GU trade?
  • #165,486
  • Sep 15, 2009 1:18am Sep 15, 2009 1:18am
price should retrance now (from 1.6650 area) to 1.6550 or lower. If price break 1.6750, we consider buying mode.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #165,487
  • Sep 15, 2009 1:29am Sep 15, 2009 1:29am
Got in late and just manage 25 pips. Now waiting for the retrace.. ( I hope ). Can it get to 1.6750 ?
  • #165,488
  • Sep 15, 2009 1:46am Sep 15, 2009 1:46am
Upto 1.6660 area then retrace but still in an uptrend to
1.6937 area.
  • #165,489
  • Sep 15, 2009 1:54am Sep 15, 2009 1:54am
Good MAE Everyone....
Ghost Rider - WWTBMD?
  • #165,490
  • Sep 15, 2009 1:56am Sep 15, 2009 1:56am
61fib to the pip
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 162 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #165,491
  • Sep 15, 2009 1:59am Sep 15, 2009 1:59am
Quoting albchr
Would also seem that double top happend within 1 pip of the 50 fib at 6630 which is also 1H & 4H S/R. 61.8 fib is at 6656. Only thing that concerns me about a short here is it's now outside my 1H down channel and above my 1H utl.

Like you, I think it has some room to move up a bit more......
LOL...slept just an hour too long.
Ghost Rider - WWTBMD?
  • #165,492
  • Sep 15, 2009 2:09am Sep 15, 2009 2:09am
Quoting djambazov84
61fib to the pip
Whats that meaning?
  • #165,493
  • Sep 15, 2009 2:13am Sep 15, 2009 2:13am
currently trading over the 50% mark of bearish candle.
you can clearly see that that was a bullish set up.
wicks to the north at the bottom are buying.


Quoting Bones
lol ,I know what you mean , no close over 50% ,could still be bullish ,wicks to north at bottom bullish,petrifying harami.
H4 trend is down,break low not so good for bulls ,ie me
Attached Image (click to enlarge)
Click to Enlarge Name: 3)gbplfx h4 14 sept 2.gif Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #165,494
  • Sep 15, 2009 2:19am Sep 15, 2009 2:19am
Quoting Bones
currently trading over the 50% mark of bearish candle.
you can clearly see that that was a bullish set up.
wicks to the north at the bottom are buying.
Morning Tony....

How ya been bro?
Ghost Rider - WWTBMD?
  • #165,495
  • Sep 15, 2009 2:20am Sep 15, 2009 2:20am
Recovery off y/day's 6521 finding resistance now at the 61.8% (6656) of Friday's Hi-Monday's Lo fall 6740-6521 as London session sells off the Asian session Hi and thereby reverses the sentiment/tone of that session. Currently price is finding some support around the 38.2% of said recovery lo-hi 6521-6656.

Uk Cpi data later - 0830am gmt.

G/L
ex member
  • #165,496
  • Sep 15, 2009 2:22am Sep 15, 2009 2:22am
good morning Chris im good and you trading well I hope..

Quoting albchr
Morning Tony....

How ya been bro?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #165,497
  • Sep 15, 2009 2:26am Sep 15, 2009 2:26am
Quoting Bones
good morning Chris im good and you trading well I hope..
Glad to hear it. Yes I've been having some very nice, calm and consistant weeks here....
Ghost Rider - WWTBMD?
  • #165,498
  • Sep 15, 2009 2:34am Sep 15, 2009 2:34am
no close over 6600 but tl was respected ,dont think price could just take yesturdays candle,$ getting stronger

Quoting Bones
Watching for close ,if above 6600
Attached Image (click to enlarge)
Click to Enlarge Name: 3)gbpusd d1 14 sept 2.gif Size: 18 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #165,499
  • Sep 15, 2009 2:35am Sep 15, 2009 2:35am
Quoting bbmac
Recovery off y/day's 6521 finding resistance now at the 61.8% (6656) of Friday's Hi-Monday's Lo fall 6740-6521 as London session sells off the Asian session Hi and thereby reverses the sentiment/tone of that session. Currently price is finding some support around the 38.2% of said recovery lo-hi 6521-6656.

Uk Cpi data later - 0830am gmt.

G/L
It's at 9.30am
Probability Professor
  • #165,500
  • Sep 15, 2009 2:38am Sep 15, 2009 2:38am
Quoting Galation
It's at 9.30am
Yes 0930 London which is 0930 bst = 0830 gmt, ie gmt = bst+1..I was quoting in gmt as it's the universal standard from which all other time zones are calculated. lol!
ex member
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