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Cable Update (GBPUSD)

  • #185,401
  • Dec 2, 2009 12:23am Dec 2, 2009 12:23am
Sitting right on 1hr support line(top right), if breached and held below, a long way of down to the 24SMA on 4hr,(top left).

Currently holding upside is the 5/15m resistance @ same place, only 15m showing (bottom right), then 30m resistance (bottom left).

Agreed...one more hour below the belt line on the hourly we have a nice walk in the park with the bears...I just can't shake the bull day and the strong 4hr chart out of my head though...

It is times like this, I really should be sitting like the rest of you smart folk, waiting for true direction...but then again, who ever accused me of being smart?
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,402
  • Dec 2, 2009 12:30am Dec 2, 2009 12:30am
looks like we may see a little more push short
  • #185,403
  • Dec 2, 2009 12:44am Dec 2, 2009 12:44am
it seems like if i wait for a clear direction im late.
  • #185,404
  • Dec 2, 2009 12:45am Dec 2, 2009 12:45am
Hi Dr.D.

what ma's are you using on your charts?
  • #185,405
  • Dec 2, 2009 12:48am Dec 2, 2009 12:48am
cable will see a good short opportunity if it break 6580.
  • #185,406
  • Dec 2, 2009 12:49am Dec 2, 2009 12:49am
:nerd:1.6571/83 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #185,407
  • Dec 2, 2009 1:00am Dec 2, 2009 1:00am
So your short trade is now over -100 pips minus?

Quoting fourxtrader
All the charts are crying to go down. But I'd like to see
it range. Just look at this 4h and the gathering ema's.
A good move down would pinch them tighter than the
Columns of Morgagni at an Ex-Lax Convention. LOL

Dr. D.
  • #185,408
  • Dec 2, 2009 1:02am Dec 2, 2009 1:02am
Quoting FXAdvice
Hi again...

Looking for short on G/U around 1.6650 - 1.6700
Hi all,
G/U hit our first target


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  • #185,409
  • Dec 2, 2009 1:07am Dec 2, 2009 1:07am
Quoting kanakzz
cable will see a good short opportunity if it break 6580.
ya i agree with you..so i have added short with trailing stop 15..
  • #185,410
  • Edited 1:20am Dec 2, 2009 1:09am | Edited 1:20am
Quoting FXAdvice
Hi all,
G/U hit our first target


Attachment
Nice analysis !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #185,411
  • Dec 2, 2009 1:10am Dec 2, 2009 1:10am
Meh...I guess I was just itching to take a hit there...stopped out...off to bed now kiddies...nighters!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,412
  • Dec 2, 2009 1:14am Dec 2, 2009 1:14am
Quoting sibajnok
for me it's time to sleep now and really hope that my 2 pending positions will reach target instead of SL (which is minimal profit)

good night
good morning,

one of the positions reached target. no opened position at this moment, but I'm looking for next entry.
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  • #185,413
  • Dec 2, 2009 1:14am Dec 2, 2009 1:14am
Quoting Magix
Meh...I guess I was just itching to take a hit there...stopped out...off to bed now kiddies...nighters!
Hi brother,

have nice time...
  • #185,414
  • Dec 2, 2009 1:16am Dec 2, 2009 1:16am
Quoting manize
You mean 1.6650 - 1.6600 ? Nice work !
Hi mate,

how r you doing? about it you can find some details on prev. posts and also my thread ...
  • #185,415
  • Dec 2, 2009 1:24am Dec 2, 2009 1:24am
Still holding the short since morning from 6624

entry 6624 SL= 6650 TP 6350
Attached File(s)
File Type: tpl gbp h1.tpl   16 KB | 308 downloads
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,416
  • Dec 2, 2009 1:25am Dec 2, 2009 1:25am
ops

What the heck . Where is my chart ?????????????????????????
Attached File(s)
File Type: tpl gbp h1.tpl   16 KB | 345 downloads
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,417
  • Dec 2, 2009 1:27am Dec 2, 2009 1:27am
[quote=Magix;3275082][quote=Ctic;3275060]

Pshhh, last Thursday as I pushed the trigger on sell, my internet died!

I made more on the small retrace than on the fall. And I was charting the whole friggen thing on my thread.

Sigh...we all have them days mango. That's why I scalp for singles, and when all charts are in line...I hammer down 5/10 lots...

But I am still a hobbiest....

It appears that my analysis was right on the money. Good to see I still have the touch to pick up 50 pips quick.
  • #185,418
  • Dec 2, 2009 1:28am Dec 2, 2009 1:28am
Sorry old charts B4

This is the current one
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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,419
  • Dec 2, 2009 1:31am Dec 2, 2009 1:31am
  •  Ronin77
  • | Joined Dec 2008 | Status: เงินกินเปล่า | 95 Posts
Quoting samdani786
Still holding the short since morning from 6624

entry 6624 SL= 6650 TP 6350

did you post when you entered?
Ronin77
  • #185,420
  • Dec 2, 2009 1:33am Dec 2, 2009 1:33am
[quote=Ctic;3275276][quote=Magix;3275082]
Quoting Ctic
It appears that my analysis was right on the money. Good to see I still have the touch to pick up 50 pips quick.
Good one mango!

I did scoop a few on a double lot, about enough to cover my s/l from previous...and took a bite on the daily pivot...just happens to have happy written all over it.

I was gunna head to bed, but every night I wait threw 8 hours of boring chart, tonight, I figured I would stay up a little while longer.

+13 closed...
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