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Cable Update (GBPUSD)

  • #177,501
  • Oct 19, 2009 2:27pm Oct 19, 2009 2:27pm
Quoting egkid
Sell 1.6416 no more up move

Guys you will miss more fun if we Close this 15min under 1.6362 mean more drop now
  • #177,502
  • Oct 19, 2009 2:27pm Oct 19, 2009 2:27pm
Quoting jack.canadia
Lots yes, but as posted earlier wait for decent confirmation. Navin shows a nice flag forming and that favors a break up. So be patient
Hey man, long time no see...
  • #177,503
  • Oct 19, 2009 2:29pm Oct 19, 2009 2:29pm
Quoting nAVIN2007
its not often u get 5 bullish dailly candle in a row..looks like bear was on holiday and returned

still need more proof thou
Still short with me bro or you close it
  • #177,504
  • Oct 19, 2009 2:31pm Oct 19, 2009 2:31pm
Quoting kingfisher
Some trading experts have shorted at 1.6416
Thanks
  • #177,505
  • Oct 19, 2009 2:49pm Oct 19, 2009 2:49pm
Originally Posted by kingfisher http://cdn.forexfactory.com/images/buttons/viewpost.gif
Quote
Some trading experts have shorted at 1.6416


Quoting egkid
Thanks
I don't believe anyone decent enough in trading would short at 1.6416, you could be adding or missed the entry and your entering over the entry by 20 pips....
Or maybe there's something I dont know ? I see the ideal entry in the 90s
  • #177,506
  • Oct 19, 2009 2:59pm Oct 19, 2009 2:59pm
Quoting Benjie
Originally Posted by kingfisher http://cdn.forexfactory.com/images/buttons/viewpost.gif




I don't believe anyone decent enough in trading would short at 1.6416, you could be adding or missed the entry and your entering over the entry by 20 pips....
Or maybe there's something I dont know ? I see the ideal entry in the 90s
Quoting manize
Good luck, fibo fan line 2.1143 - 1.3500 is probably enough strong to push cable down !
Quoting jack.canadia
This is a very low risk sell option.

There is a 38.2% from the entire move down at 6430 along with the TL. A fall from here and a bounce off 6130 is expected based on the 4h chart.
Everyone trade what he see and read on his chart that why i sell from 1.6416
  • #177,507
  • Oct 19, 2009 3:17pm Oct 19, 2009 3:17pm
buying cable here @1.5370, target 1.5570
  • #177,508
  • Oct 19, 2009 3:18pm Oct 19, 2009 3:18pm
Quoting egkid
Everyone trade what he see and read on his chart that why i sell from 1.6416
Very true.

And I reckon you sold at a very good price considering the high probability setup. Bearish divergence on H4. Nice catch brother

Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.JPG Size: 89 KB
Thank You
  • #177,509
  • Oct 19, 2009 3:23pm Oct 19, 2009 3:23pm
Quoting Bull_Bear
Buy Cable @ 1.6278... SL 1.6160... TP... 1.6420
BEER MONEY.... TP hit

2 x 142 = +284pips

All losses made back from last weeks 3 consecutive losses and more. Am in the green by+78pips.

Objective Achieved!!!

See you guys London
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #177,510
  • Oct 19, 2009 3:26pm Oct 19, 2009 3:26pm
nice work bb
Thank You
  • #177,511
  • Oct 19, 2009 3:31pm Oct 19, 2009 3:31pm
Quoting wormboy
Very true.

And I reckon you sold at a very good price considering the high probability setup. Bearish divergence on H4. Nice catch brother

Good luck.
Hey bro
Thanks, How r u? was checking some of the post i missed today and didn't find you!
How is it going?
  • #177,512
  • Edited 3:52pm Oct 19, 2009 3:38pm | Edited 3:52pm
Buying 6370, SL 6300, TP 6510

Market closed above 55, 100 ema and 61 % Fibonacci confluence also daily pivot at 6343

FROM 6742 TO 5707 and UTL confluence ALSO WITH EMA AND Fibonacci

ALSO RETEST WITH THE BREAK OUT AREA.

HERE IS MY CHART.
Attached Image (click to enlarge)
Click to Enlarge Name: break3.gif Size: 14 KB
  • #177,513
  • Oct 19, 2009 3:47pm Oct 19, 2009 3:47pm
Quoting mloistianto
Hey man, long time no see...
ya man .. i have some time to contribute again ... very busy though with school
  • #177,514
  • Oct 19, 2009 3:50pm Oct 19, 2009 3:50pm
Quoting egkid
Hey bro
Thanks, How r u? was checking some of the post i missed today and didn't find you!
How is it going?
doing good bro
I had a ho - hum day tbh
Thank You
  • #177,515
  • Oct 19, 2009 3:54pm Oct 19, 2009 3:54pm
Quoting Jono
thinking about what you are going to type AND making it meaningful takes a little longer, which probably explains the puacity of so many posts......
paucity....

And I'll hang around and do the spell-check!

Dr. D.
  • #177,516
  • Oct 19, 2009 3:57pm Oct 19, 2009 3:57pm
Quoting ziko123
buying cable here @1.5370, target 1.5570

up +26 already
  • #177,517
  • Oct 19, 2009 3:58pm Oct 19, 2009 3:58pm
Quoting pakitrader
Buying 6370, SL 6300, TP 6510

Market closed above 55, 100 ema and 61 % Fibonacci confluence also daily pivot at 6343

FROM 6742 TO 5707 and UTL confluence ALSO WITH EMA AND Fibonacci

ALSO RETEST WITH THE BREAK OUT AREA.

HERE IS MY CHART.


Blogging daily now at www.volume.zone
  • #177,518
  • Oct 19, 2009 4:00pm Oct 19, 2009 4:00pm
Quoting Bull_Bear
BEER MONEY.... TP hit

2 x 142 = +284pips

All losses made back from last weeks 3 consecutive losses and more. Am in the green by+78pips.

Objective Achieved!!!

See you guys London
Congrats.... sorry for your 'arguous' journey to paydirt.

Dr. D.
  • #177,519
  • Oct 19, 2009 4:00pm Oct 19, 2009 4:00pm
Quoting ziko123
buying cable here @1.5370, target 1.5570

up +50
  • #177,520
  • Oct 19, 2009 4:01pm Oct 19, 2009 4:01pm
I have never seen price do what its doing right now on FXCM lol

2 pip spread to 20 pips then back and forth .. whats happening here haha
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