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Cable Update (GBPUSD)

  • #185,261
  • Dec 1, 2009 4:39am Dec 1, 2009 4:39am
Quoting koraman
Is it time to go down?

Here is the GU 5M... Maybe a little dip to support then head up again...
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  • #185,262
  • Dec 1, 2009 4:42am Dec 1, 2009 4:42am
Quoting Scrmnegl
Here is the GU 5M... Maybe a little dip to support then head up again...
Right. I'm looking at M5 too. And this behavior makes me think it wants to go down...
  • #185,263
  • Dec 1, 2009 4:45am Dec 1, 2009 4:45am
Quoting koraman
Right. I'm looking at M5 too. And this behavior makes me think it wants to go down...
And this is wrong.
Too few experience
  • #185,264
  • Dec 1, 2009 4:47am Dec 1, 2009 4:47am
I am tired watching this trade and need to get some sleep. You all take care and make lots of pips. My entry is 6425 and SL moved to 6525 and the target is set for 6640 and i am off to bed.

Good luck everyone and please forgive me if i offended anyone. see you guys and gals tomm.
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,265
  • Dec 1, 2009 4:47am Dec 1, 2009 4:47am
Quoting koraman
And this is wrong.
Too few experience

Damn, not enough profit taking before the next push up. I would rather miss the trade then get in a misread one...
  • #185,266
  • Dec 1, 2009 4:51am Dec 1, 2009 4:51am
g/u overbought and will add sell 1.6570
  • #185,267
  • Dec 1, 2009 5:02am Dec 1, 2009 5:02am
Im Long At 1.6440, sl 1.6260, tp 1.6735. good luck every one
  • #185,268
  • Dec 1, 2009 5:23am Dec 1, 2009 5:23am
Quoting Scrmnegl
Here is the GU 5M... Maybe a little dip to support then head up again...
Good bounce off the 5m trendline...
The hardest way to make an easy living.....
  • #185,269
  • Dec 1, 2009 5:44am Dec 1, 2009 5:44am
Quoting samdani786
wasup wasup. you the man
just my lucky day
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #185,270
  • Dec 1, 2009 6:29am Dec 1, 2009 6:29am
hello there... been watching this topic now 2 months, I just wanted to say hello and thanks for lots of nice training-for-newbies such as I am :-)

just my 2 cents, I think it will test the trendline (in dark green) prior any reversal... what do you think?

happy pippin'
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  • #185,271
  • Edited 6:50am Dec 1, 2009 6:50am | Edited 6:50am
could be great trade. details on my blog for everybody
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  • #185,272
  • Dec 1, 2009 7:17am Dec 1, 2009 7:17am
busy all day with work..have limited access to charts

trades still on going waiting for USDJPY to retrace or reverse to 86.10 for now may take some time

see you in a while
When life gives you lemons, make lemonade
  • #185,273
  • Edited 7:46am Dec 1, 2009 7:41am | Edited 7:46am
Quoting DubaiTrader
I think we could see 1.6700 by end of today if this strong upmove continues.
I dont think so because as u see there are 2 important resistance (red lines)
but if it can break them and we see high volume long candles,I would buy in the rectangle.
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There is no randomness. It is just Chaos, a higher form of order.
  • #185,274
  • Dec 1, 2009 8:41am Dec 1, 2009 8:41am
Quoting Pipfull
I dont think so because as u see there are 2 important resistance (red lines)
but if it can break them and we see high volume long candles,I would buy in the rectangle.
Seeing the same thing on my daily. UTL and 24SMA need to be held before further long side should be expected, but has been a great play thus far.

Using the 4hr support for trend and direction currently. A small fall back is expected through NY session, but wouldn't say that we have gone to the bears just yet.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,275
  • Dec 1, 2009 9:21am Dec 1, 2009 9:21am
Quoting Magix
Seeing the same thing on my daily. UTL and 24SMA need to be held before further long side should be expected, but has been a great play thus far.

Using the 4hr support for trend and direction currently. A small fall back is expected through NY session, but wouldn't say that we have gone to the bears just yet.
1.6607 is a strong resistance, so I expect the same.

Some pullback, then further upmove may come.
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  • #185,276
  • Dec 1, 2009 9:28am Dec 1, 2009 9:28am
Quoting sibajnok
1.6607 is a strong resistance, so I expect the same.

Some pullback, then further upmove may come.
Stall line for sure(1.6621, 15m)(1.6617, Daily)...support ranges listed on H4, H1 and 15m.

Resistance in red, support in green...As I see them...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,277
  • Dec 1, 2009 9:35am Dec 1, 2009 9:35am
Quoting samdani786
I am tired watching this trade and need to get some sleep. You all take care and make lots of pips. My entry is 6425 and SL moved to 6525 and the target is set for 6640 and i am off to bed.

Good luck everyone and please forgive me if i offended anyone. see you guys and gals tomm.
GOOD M/E/N EVERYBOBY. WOW My target is fast aproching now
same old chart . Getting ready to go short around 6650 area once my long target is reached.
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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,278
  • Dec 1, 2009 9:36am Dec 1, 2009 9:36am
so iam sell here..6619 tp 6473
  • #185,279
  • Dec 1, 2009 9:39am Dec 1, 2009 9:39am
GbpUsd Down
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  • #185,280
  • Dec 1, 2009 9:42am Dec 1, 2009 9:42am
sold small at 6620, will add till 6650 sl 6660! as all time frames are overbought i expect a drop to at 6570/80
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