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Cable Update (GBPUSD)

  • #185,701
  • Dec 3, 2009 3:26am Dec 3, 2009 3:26am
Quoting Yngwie
As long it can make a money.. u should enjoy it.. haha
I maybe regrets --> close + 30 pips, I see a probably buliish trend again. Wacth next PA at 1.6634/37 - 1.6663 - 1.6677 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #185,702
  • Dec 3, 2009 3:28am Dec 3, 2009 3:28am
Quoting PopIsNotDead
my idea south
break 16645..
we might go down further..

regards
almost trigger my Sell stop..a breakout would be nice!

regards
forexisbiz
  • #185,703
  • Dec 3, 2009 3:33am Dec 3, 2009 3:33am
Quoting aim
Could you pls attach your ###Auto Pivot indicator here?
Can't from this machine but you can get it from here: http://www.forexfactory.com/showthread.php?t=139153

CanuckCT has them posted. I'm also using the Daily_High_Low and the daily_open_line.
  • #185,704
  • Dec 3, 2009 3:35am Dec 3, 2009 3:35am
Quoting manize
I maybe regrets --> close + 30 pips, I see a probably buliish trend again. Wacth next PA at 1.6634/37 - 1.6663 - 1.6677 !
seems Fox river wall break , we are going to 1.6630
  • #185,705
  • Dec 3, 2009 3:36am Dec 3, 2009 3:36am
Quoting PopIsNotDead
almost trigger my Sell stop..a breakout would be nice!

regards
yes my s/l was 2 pips from getting hit.. almost killed my bank


(EUR/USD) and Cable will be equal soon lol
  • #185,706
  • Dec 3, 2009 3:42am Dec 3, 2009 3:42am
my entry short was triggered

stress free trade now
Attached Image
  • #185,707
  • Dec 3, 2009 3:44am Dec 3, 2009 3:44am
Quoting masut
my entry short was triggered

stress free trade now

Be warned though, it is oversold on 30 mins so ... keep watching your chart
{Promotion Removed}
  • #185,708
  • Dec 3, 2009 3:53am Dec 3, 2009 3:53am
1.6645 has been broken, what's next?
  • #185,709
  • Dec 3, 2009 3:53am Dec 3, 2009 3:53am
Quoting 3dragz
Can't from this machine but you can get it from here: http://www.forexfactory.com/showthread.php?t=139153

CanuckCT has them posted. I'm also using the Daily_High_Low and the daily_open_line.
Thanks.

Here is the latest version of it according to the search of FF.
Attached File(s)
File Type: mq4 AutoPivotIndicator_ver5.mq4   31 KB | 426 downloads
  • #185,710
  • Dec 3, 2009 3:55am Dec 3, 2009 3:55am
Quoting earthsmate
Be warned though, it is oversold on 30 mins so ... keep watching your chart
yes,

i just close position for 20pips
  • #185,711
  • Dec 3, 2009 3:55am Dec 3, 2009 3:55am
It looks to me that a drop to the broken descending trendline is likely so that will be at around 16610, if it breaks back below that then I would expect 16540 to be the next stop.

We have just bounced off the daily pivot, but I am not convinced it will hold for long.

Anyone agree with this?



http://www.imagechicken.com/uploads/...9045194800.gif
  • #185,712
  • Dec 3, 2009 3:57am Dec 3, 2009 3:57am
Quoting cphcphcph
1.6645 has been broken, what's next?
rebound again

wait for HH and HL
  • #185,713
  • Dec 3, 2009 4:01am Dec 3, 2009 4:01am
short term ...
{Promotion Removed}
  • #185,714
  • Dec 3, 2009 4:01am Dec 3, 2009 4:01am
closed sell and waiting 6684
  • #185,715
  • Dec 3, 2009 4:03am Dec 3, 2009 4:03am
Quoting Wharfe
It looks to me that a drop to the broken descending trendline is likely so that will be at around 16610, if it breaks back below that then I would expect 16540 to be the next stop.

We have just bounced off the daily pivot, but I am not convinced it will hold for long.

Anyone agree with this?


trendline broken small tf
Attached Image
  • #185,716
  • Dec 3, 2009 4:04am Dec 3, 2009 4:04am
Quoting aim
Thanks.

Here is the latest version of it according to the search of FF.
Attachment
Ok, thanks.
  • #185,717
  • Dec 3, 2009 4:05am Dec 3, 2009 4:05am
ocean of theories... i am worry about those newbies that visit this forum, and try to find some help
  • #185,718
  • Dec 3, 2009 4:05am Dec 3, 2009 4:05am
Quoting hkwong7
Hi, I'm new to this thread.

Here is my 1H chart.
Attachment
I see there is MACD and CCI divergence signal. Maybe GBPUSD would still keep going up to challenge 1.674, but if the divergence keep being there (no new high for MACD and CCI), I would say it is more likely we're seeing a top there. The down target would be 1.64-1.65 I guess.
If it breaks 1.674 and the divergence signal, I think that mean GBPUSD has strength to go much higher.
The divergence signal on 1H chart is kept intact, and looks even nicer. I think the next key level is 1.662, if we break that, we will see a downtrend, target to 1.64/1.65 level.
  • #185,719
  • Dec 3, 2009 4:11am Dec 3, 2009 4:11am
Quoting earthsmate
Be warned though, it is oversold on 30 mins so ... keep watching your chart
but RSI 14 still below 50 on M15
  • #185,720
  • Dec 3, 2009 4:15am Dec 3, 2009 4:15am
My opinion is that GU will re-test 1.66 before getting any higher.
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