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Cable Update (GBPUSD)

  • #185,041
  • Nov 29, 2009 5:29pm Nov 29, 2009 5:29pm
I effin Love when they gaps big...

Closed out 5 of 7 lots for +200....

Will hold the rest s/l @ B/E.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,042
  • Nov 29, 2009 5:31pm Nov 29, 2009 5:31pm
i think we should be carefull with the gap - it looks suspicious
  • #185,043
  • Nov 29, 2009 5:39pm Nov 29, 2009 5:39pm
Quoting cannarek
i think we should be carefull with the gap - it looks suspicious
???????????????

J/K....

Should Always Exercise caution!
Attached Image
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,044
  • Nov 29, 2009 6:31pm Nov 29, 2009 6:31pm
most pairs are showing hesitation now, not a good time to enter a trade on these levels except for JPY pairs which tend to favor JPY medium to long term on signals
When life gives you lemons, make lemonade
  • #185,045
  • Nov 29, 2009 6:42pm Nov 29, 2009 6:42pm
Quoting egkid
4h,1h,15min all point down but daily stopped at Daily Resistant and didn't break it 1.6270

So are we going up or down ,So far nothing for sure till Sunday but i just saw something might pointing to UP so thought to post to be careful my friends.
Bullish Pattern ABCD, B point 1.57 , D point 1.6270
As i thought we going up, 15min changed to up, 1h almost
  • #185,046
  • Nov 29, 2009 7:24pm Nov 29, 2009 7:24pm
Took Short...

1.6560...S/L 1.6580
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,047
  • Nov 29, 2009 7:30pm Nov 29, 2009 7:30pm
Quoting Magix
Took Short...

1.6560...S/L 1.6580
Which TF ?!
  • #185,048
  • Nov 29, 2009 7:33pm Nov 29, 2009 7:33pm
Quoting egkid
Which TF ?!
4hr, 24SMA, 55EMA.

Bearish perspective...

Moved S/L to 1.6585
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,049
  • Nov 29, 2009 7:40pm Nov 29, 2009 7:40pm
Quoting Magix
4hr, 24SMA, 55EMA.

Bearish perspective...

Moved S/L to 1.6585
I prefer to wait till 1h close, Looks danger to me if 1h close here
But GL bro
  • #185,050
  • Nov 29, 2009 7:43pm Nov 29, 2009 7:43pm
Briefly broke friday's pivot of 1.6574...see whether breaks convincingly 1.6585 b4 going short, otherwise looking to go to 1.6680.

Happy trading.
  • #185,051
  • Nov 29, 2009 7:49pm Nov 29, 2009 7:49pm
Quoting egkid
I prefer to wait till 1h close, Looks danger to me if 1h close here
But GL bro
Good thinking on your part....

I speculated the play, not a great idea, but i figure, if we cross and hold this area on the 4hr, I can go long to the daily 24SMA...

Tight stop loss...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,052
  • Nov 29, 2009 7:49pm Nov 29, 2009 7:49pm
Bought the bottom of this Daily Bullish Wedge at Bullish signal as advertised in my earlier post and looking to sell close to Malc's 6627 mark. Should turn at around 6650 area but could go all the way to 6697 area. Just remember, this is a Daily Counter trade and they dont usually move in a straight line and could turn at any time. Up 40 as of this writing.


Jim
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  • #185,053
  • Nov 29, 2009 8:11pm Nov 29, 2009 8:11pm
I will go long 1.6560 tp 1.6665
GL All
  • #185,054
  • Nov 29, 2009 8:16pm Nov 29, 2009 8:16pm
Given a long.. possible tp 6670-80-90 area... sl on 6535
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ABCD..
  • #185,055
  • Nov 29, 2009 8:22pm Nov 29, 2009 8:22pm
Quoting sreeprakash
Given a long.. possible tp 6670-80-90 area... sl on 6535

http://www.forexfactory.com/showthre...=1#post3269143
  • #185,056
  • Nov 29, 2009 9:24pm Nov 29, 2009 9:24pm
Quoting egkid

http://www.forexfactory.com/showthre...=1#post3269143
Right bro, lets see how its worksout..
My entry 6567 sl now on entry tp 6680.
It need to pass 6593, 6635 levels...
ABCD..
  • #185,057
  • Nov 29, 2009 9:27pm Nov 29, 2009 9:27pm
Quoting sreeprakash
Right bro, lets see how its worksout..
My entry 6567 sl now on entry tp 6680.
It need to pass 6593, 6635 levels...
Me 2 sl my entry
  • #185,058
  • Nov 29, 2009 9:34pm Nov 29, 2009 9:34pm
Quoting egkid
Me 2 sl my entry
Now the level 6575 acting as support... If break, I think we have to re analyse...
ABCD..
  • #185,059
  • Nov 29, 2009 9:35pm Nov 29, 2009 9:35pm
Watch e/u ,It moves since daily open togeather with g/u
us index near to button, I think g/u waiting e/u confirmation to go up or down
  • #185,060
  • Nov 29, 2009 9:45pm Nov 29, 2009 9:45pm
Quoting egkid
Watch e/u ,It moves since daily open togeather with g/u
us index near to button, I think g/u waiting e/u confirmation to go up or down
Yes bro, watching..
Since EU breached WR1 1.5053, also breached R1 1.5063 and next level is WR2 1.5109 and I hope EU will go to 5110 area...

Forex is full of hopes lol...
Edit: lol, just now EU down 2 pips and levels changed...
And EU up 1 pips, those above said levels I can see...
Attached Image (click to enlarge)
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ABCD..
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