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Cable Update (GBPUSD)

  • #167,381
  • Sep 21, 2009 3:10am Sep 21, 2009 3:10am
Quoting albchr
Morning Nav! How you doing bro?
im good bro! flat right now.....waiting for a descent PA signal
  • #167,382
  • Sep 21, 2009 3:11am Sep 21, 2009 3:11am
Quoting GlobalMacro
Oh absolutely...
We got everything...

Ginger, tulip, DOUBLE no foam, herb and spicy....lol
Morning GM. Have you forgiven me for mocking your buddy yet?....
Ghost Rider - WWTBMD?
  • #167,383
  • Sep 21, 2009 3:12am Sep 21, 2009 3:12am
Quoting nAVIN2007
im good bro! flat right now.....waiting for a descent PA signal
Same here buddy. I didn't get a chance to look at the charts much this weekend so sort of picking up fresh again today.
Ghost Rider - WWTBMD?
  • #167,384
  • Sep 21, 2009 3:16am Sep 21, 2009 3:16am
Quoting Bull_Bear
This was last week's plan.....

http://www.forexfactory.com/showpost...stcount=165188

http://www.forexfactory.com/showthre...82#post3059682

This week plan....

I will not buy cable till at least 1.6180 for a bounce back to 1.6300, than will look to short again.
Draw your own conclusions....

The above is currently mine for cable.

EUR target is 1.4600.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,385
  • Sep 21, 2009 3:20am Sep 21, 2009 3:20am
Quoting Bull_Bear
Draw your own conclusions....

The above is currently mine for cable.

EUR target is 1.4600.....

BB...

How's the visit with the folks brother? Hope you had a great weekend!
Ghost Rider - WWTBMD?
  • #167,386
  • Sep 21, 2009 3:24am Sep 21, 2009 3:24am
Quoting albchr
Morning GM. Have you forgiven me for mocking your buddy yet?....
oh...here you are...!!!
I thought you two guys took off for the weekend....
Did you two birds have fun together,huh???

Hear the music before the song is over ...
  • #167,387
  • Sep 21, 2009 3:25am Sep 21, 2009 3:25am
May I ask how you got 1.4600?

I only ask because I was thinking that earlier today when I noticed the H4 EMA 62 sits right there (As you see from the attached chart).

However I initiated this trade based on the daily and initially was thinking ~1.4550 (Attached daily chart).

What are your thoughts?

Que



Quoting Bull_Bear
Draw your own conclusions....

The above is currently mine for cable.

EUR target is 1.4600.....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 092109eu(h4).gif Size: 17 KB
Click to Enlarge Name: 092109eu(daily).gif Size: 16 KB
Que
  • #167,388
  • Sep 21, 2009 3:26am Sep 21, 2009 3:26am
Quoting GlobalMacro
oh...here you are...!!!
I thought you two guys took off for the weekend....
Did you two birds have fun together,huh???
You have no idea buddy.....

Ghost Rider - WWTBMD?
  • #167,389
  • Sep 21, 2009 3:27am Sep 21, 2009 3:27am
cos it's a support level.



Quoting Que
May I ask how you got 1.4600?
PM Me If You Need Help!
  • #167,390
  • Sep 21, 2009 3:29am Sep 21, 2009 3:29am
Quoting albchr
BB...

How's the visit with the folks brother? Hope you had a great weekend!
Chris I'm good bro..... you bookin' some pips bro?

Dame's its been a full touring weekend... Next weekend will be more touring..

It's an obligation if you know what I mean...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,391
  • Sep 21, 2009 3:29am Sep 21, 2009 3:29am
Quoting albchr
You have no idea buddy.....




I was just kidding...now please...wipe off the drool...

LOL....

Wassup Chris...how you doing buddy?
Hear the music before the song is over ...
  • #167,392
  • Sep 21, 2009 3:30am Sep 21, 2009 3:30am
I assume you are referring to a pivot level? I do not use them personally, but interested in your thoughts. Daily, Weekly? S1, S2, S3?

Que

Quoting BobHall
cos it's a support level.
Que
  • #167,393
  • Sep 21, 2009 3:34am Sep 21, 2009 3:34am
well, from here the only thing that's really stopping it from going any lower are levels at around 1.59570 ish area. the support there isn't that strong and could quite easily be broken, from there, next is 1.52, then 1.47, and 1.46 ish. and not much in the way from stopping it from going that low.

alos, take a look at the weekly chart, add the IMACD to it, look at the macd line and signal line, both have crossed over, a good 1000 pips is on the cards here. But could take about 4-8 weeks to see it hit that.

I've been short since 1.66260 from the two bar reversal pattern that appeared 6 days ago. I've booked in 300 pips and left around 200 pips or so as breathing room.

My TP is open with a 150 pip trailing stop active.


Quoting Que
I assume you are referring to a pivot level? I do not use them personally, but interested in your thoughts. Daily, Weekly? S1, S2, S3?

Que
PM Me If You Need Help!
  • #167,394
  • Sep 21, 2009 3:36am Sep 21, 2009 3:36am
Quoting BobHall
cos it's a support level.
we still could see a 1.47 before we break1.465 level...
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.png Size: 30 KB
  • #167,395
  • Sep 21, 2009 3:36am Sep 21, 2009 3:36am
hello to allz
BB , wormie howz u doing
n howz trade enjoy bear money
  • #167,396
  • Sep 21, 2009 3:38am Sep 21, 2009 3:38am
is this a early morning joke? obviously it will see 1.47 before it sees 1.46

Quoting Piters
we still could see a 1.47 before we break1.465 level...
PM Me If You Need Help!
  • #167,397
  • Sep 21, 2009 3:39am Sep 21, 2009 3:39am
Quoting Que
May I ask how you got 1.4600?

I only ask because I was thinking that earlier today when I noticed the H4 EMA 62 sits right there (As you see from the attached chart).

However I initiated this trade based on the daily and initially was thinking ~1.4550 (Attached daily chart).

What are your thoughts?

Que

Que, my trades were initiated from last week and its been doing my head in ever since. This is how I got 1.4600.... see the highlighted trend line in yellow falls around the 1.4600 and also coincides with previous resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 121 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,398
  • Sep 21, 2009 3:39am Sep 21, 2009 3:39am
Bob,

We are talking about two different pairs here. I am confident in my GU trade and I see a lot more to come. I am in the same boat as you as far as I did a sell on the daily pin about 6-7 days ago.

However, I was ashing Bull about his EU statement. He said his TP was around 1.4600. I am trying to see what technical reasons there are behind that statement.

Que

Quoting BobHall
well, from here the only thing that's really stopping it from going any lower are levels at around 1.59570 ish area. the support there isn't that strong and could quite easily be broken, from there, next is 1.52, then 1.47, and 1.46 ish. and not much in the way from stopping it from going that low.

alos, take a look at the weekly chart, add the IMACD to it, look at the macd line and signal line, both have crossed over, a good 1000 pips is on the cards here. But could take about 4-8 weeks to see it hit that.

I've been short since 1.66260 from...
Que
  • #167,399
  • Sep 21, 2009 3:39am Sep 21, 2009 3:39am
Quoting BobHall
is this a early morning joke? obviously it will see 1.47 before it sees 1.46
Is it???

yes mate.. if you think it is a joke.. just short ALL IN now.. and enjoy..


GL..
  • #167,400
  • Sep 21, 2009 3:41am Sep 21, 2009 3:41am
lmao, ok, this thread has turned into a eur/usd thread...hmm
PM Me If You Need Help!
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