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
Cable Update (GBPUSD)
- #177,501
- Oct 19, 2009 12:27pm Oct 19, 2009 12:27pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
Guys you will miss more fun if we Close this 15min under 1.6362 mean more drop now
- #177,503
- Oct 19, 2009 12:29pm Oct 19, 2009 12:29pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
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
- #177,504
- Oct 19, 2009 12:31pm Oct 19, 2009 12:31pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
Some trading experts have shorted at 1.6416
- #177,505
- Oct 19, 2009 12:49pm Oct 19, 2009 12:49pm
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
Some trading experts have shorted at 1.6416
Thanks
Or maybe there's something I dont know ? I see the ideal entry in the 90s
- #177,506
- Oct 19, 2009 12:59pm Oct 19, 2009 12:59pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
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
Good luck, fibo fan line 2.1143 - 1.3500 is probably enough strong to push cable down !
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.
- #177,508
- Oct 19, 2009 1:18pm Oct 19, 2009 1:18pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Everyone trade what he see and read on his chart that why i sell from 1.6416
And I reckon you sold at a very good price considering the high probability setup. Bearish divergence on H4. Nice catch brother
Good luck.
Thank You
- #177,509
- Oct 19, 2009 1:23pm Oct 19, 2009 1:23pm
- Joined Mar 2009 | Status: FX | 3,789 Posts
Veni, Vidi, Vici (We came, we saw, we conquered)
- #177,510
- Oct 19, 2009 1:26pm Oct 19, 2009 1:26pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
nice work bb
Thank You
- #177,511
- Oct 19, 2009 1:31pm Oct 19, 2009 1:31pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
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.
Thanks, How r u? was checking some of the post i missed today and didn't find you!
How is it going?
- #177,513
- Oct 19, 2009 1:47pm Oct 19, 2009 1:47pm
- Joined Dec 2008 | Status: Conservative | 2,112 Posts
- #177,514
- Oct 19, 2009 1:50pm Oct 19, 2009 1:50pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Hey bro
Thanks, How r u? was checking some of the post i missed today and didn't find you!
How is it going?
I had a ho - hum day tbh
Thank You
- #177,515
- Oct 19, 2009 1:54pm Oct 19, 2009 1:54pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
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......
And I'll hang around and do the spell-check!
Dr. D.
- #177,517
- Oct 19, 2009 1:58pm Oct 19, 2009 1:58pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
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 2:00pm Oct 19, 2009 2:00pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #177,520
- Oct 19, 2009 2:01pm Oct 19, 2009 2:01pm
- Joined Dec 2008 | Status: Conservative | 2,112 Posts