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Cable Update (GBPUSD)

  • #185,601
  • Dec 2, 2009 3:12pm Dec 2, 2009 3:12pm
Quoting FXAdvice
after long time cable headed to south, as i said before breaking 1.6640 will increase the power of sell wave
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,602
  • Dec 2, 2009 3:47pm Dec 2, 2009 3:47pm
My personal analysis about cable is : Downward

First Step is 1.6600 breaking this area will guide us to 1.6550


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  • #185,603
  • Dec 2, 2009 4:11pm Dec 2, 2009 4:11pm
Short waiting 1.6745 t/p 1.6532
  • #185,604
  • Dec 2, 2009 4:15pm Dec 2, 2009 4:15pm
Quoting meromar
Short waiting 1.6745 t/p 1.6532
what do you mean about waiting!?!
  • #185,605
  • Dec 2, 2009 4:24pm Dec 2, 2009 4:24pm
Sell limit
Quoting FXAdvice
what do you mean about waiting!?!
  • #185,606
  • Dec 2, 2009 4:26pm Dec 2, 2009 4:26pm
Quoting FXAdvice
what do you mean about waiting!?!
For future trade, I suspect.
Cheers, mates, I've been emotionally participating in many-many threads, but registered only now.

As for tomorrow, I suppose that yesterday cable has broke up D1 downtrend line and D1 is now closing above that level (1.6612), currently we're retesting it from the top, so tomorrow I await another bullish D1 candle.
  • #185,607
  • Dec 2, 2009 4:27pm Dec 2, 2009 4:27pm
Depend on the angle you look
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  • #185,608
  • Dec 2, 2009 5:10pm Dec 2, 2009 5:10pm
Quoting Yngwie
sold at 1.6690 with small SL 1.6710
closed at 6625 for 65 pips.

New Entry Buy at 6626 SL at 6615
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #185,609
  • Dec 2, 2009 5:20pm Dec 2, 2009 5:20pm
Quoting Lejumeau
Depend on the angle you look
This is my H4 chart. If we then turn to D1 then it perfectly shows me breaking up of mid-term D1 downtrend.

http://s60.radikal.ru/i168/0912/fc/e0b4500d7236.jpg
  • #185,610
  • Dec 2, 2009 6:30pm Dec 2, 2009 6:30pm
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
I think i need more concentration, My analysis on weekend goes as i expected and i forgot it in middle of the week!!

Need to stop posting or posting less and concentrate more with my trade!
http://www.forexfactory.com/showthre...93#post3267993
GL all
  • #185,611
  • Dec 2, 2009 6:35pm Dec 2, 2009 6:35pm
Target 3rd fib level
when price cross the MA it have a tendency to reach to the 3rd Fib level before coming back to the MA.
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  • #185,612
  • Dec 2, 2009 6:53pm Dec 2, 2009 6:53pm
Quoting AlexanderSV
This is my H4 chart. If we then turn to D1 then it perfectly shows me breaking up of mid-term D1 downtrend.

Hi, zemljak!

Possible slowly-sliding-down whipsaw today between broken support and resistance lines you draw ahead of EU rates and US payrolls. So it's better to take day (or 2) off.
  • #185,613
  • Dec 2, 2009 7:00pm Dec 2, 2009 7:00pm
Quoting batwood
short looks decent here should pull back a little maybe 6560 before continuing up

cant complain about that call 30 hours ago
FUTURE OF MX
  • #185,614
  • Dec 2, 2009 7:15pm Dec 2, 2009 7:15pm
Quoting aim
Hi, zemljak!

Possible slowly-sliding-down whipsaw today between broken support and resistance lines you draw ahead of EU rates and US payrolls. So it's better to take day (or 2) off.
Привет!
Yes, that whipsaw may easily be the case, however still my personal stake is for limited careful growth before Payrols. Anyways I suppose EU, EJ and GU to make nice upward moves today since in my opinion bulls are more active and bears are not yet ready now.
  • #185,615
  • Dec 2, 2009 7:26pm Dec 2, 2009 7:26pm
Quoting Jemmy
My stop loss 620 didn't hit..still holding with mr bull..
SL 620 almost touched few hours ago when cable down to 624..current price 655..any suggestion to stay long?
Patience + Discipline =
  • #185,616
  • Dec 2, 2009 7:57pm Dec 2, 2009 7:57pm
GAH!

I spend all day scalping dogs4it plays for peanuts, I get home and the friggen chart has confirmed without me...

Timing isn't everything in this game, Its the friggen only thing!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,617
  • Dec 2, 2009 8:04pm Dec 2, 2009 8:04pm
Heh...common price point scores again...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,618
  • Dec 2, 2009 8:33pm Dec 2, 2009 8:33pm
GU should face tough daily resistance @ 6691

lets see how it goes
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  • #185,619
  • Dec 2, 2009 8:39pm Dec 2, 2009 8:39pm
Quoting micho
technically USDJPY should go 87.41 then 86.10
EURUSD should go 1.5120 before going anywhere else, that is technically
Quote
still cool, target adjusted for EURUSD to 1.5114
USDJPY same old

so far no good, EURUSD closed at 1.5086 for +5 may go to 1.5120 but why take the risk
USDJPY going to 88.14 target adjusted at 87.79... gonna be a negative one

meanwhile holding short on USDCAD from 1.0510 target 1.04640
see you later
When life gives you lemons, make lemonade
  • #185,620
  • Edited 9:09pm Dec 2, 2009 8:58pm | Edited 9:09pm
Quoting forexlion
GU should face tough daily resistance @ 6691

lets see how it goes
Thank you!
Next strong resistanse level on chart I have is 1.6750.
However the pace is fast, GU with EU support can easily pass it through today-tomorrow.
I'm bull on EU, EJ, GU and GJ for today.
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TooSlow