news may drop this more or begin the bounce up.
considering that prices do move up or down, specially on news
Cable Update (GBPUSD)
- #185,762
- Dec 3, 2009 7:18am Dec 3, 2009 7:18am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #185,763
- Dec 3, 2009 7:20am Dec 3, 2009 7:20am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #185,767
- Dec 3, 2009 7:33am Dec 3, 2009 7:33am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
hi navin2007 ... hello my friend .... i saw your chart its pretty good ... but i want to add something 1.6584 is important area .... if cable broke it it will fall badly .... but if it hold it will bounce to retest high
hit: 4hour chart stoch, MACD, RSI, Momentum shows Sell Pressure ... Keep your eyes open @ SL
it has been very tough trading past couple of months, need to be carefull
nav whats up long time no see
am fine bro...just very busy..hope u doing well
- #185,770
- Dec 3, 2009 7:37am Dec 3, 2009 7:37am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Stops lowered to 16645, we dropped right onto the descending trendline I mentioned, this will act as support for now. I expect it will go back up to the pivot before any further moves.
There goes the trend line support, next stop 16540 hopefully
Anyone know what Trichet is saying to cause these moves?
- #185,780
- Dec 3, 2009 7:59am Dec 3, 2009 7:59am
- Joined Nov 2009 | Status: Following X to get the effect | 1,302 Posts
Closed short position @ 1.6680 TP 1.6600 