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Cable Update (GBPUSD)

  • #185,901
  • Dec 3, 2009 11:47pm Dec 3, 2009 11:47pm
Quoting Gena
Hi

Monthly Pivot at 1.6526. If broken, could see move downwards

I have it already down to 24, not that it really counts as broken...
  • #185,902
  • Dec 3, 2009 11:48pm Dec 3, 2009 11:48pm
Oh yeah....thanks for pointing that out. Wait and see for me...
The trend is not your friend, it's your master.
  • #185,903
  • Dec 3, 2009 11:49pm Dec 3, 2009 11:49pm
Quoting Scrmnegl
I have it already down to 24, not that it really counts as broken...
Might have to wait for the 1h candle to close below it.
  • #185,904
  • Dec 3, 2009 11:51pm Dec 3, 2009 11:51pm
Quoting Gena
Hi

Monthly Pivot at 1.6526. If broken, could see move downwards
yes...that is monthly pivot..
and hooray already got my tp that i adjusted to 1.6528(sell at 1.6542)....


Im flat at the moment to see PA at that monthly pivot...
  • #185,905
  • Dec 3, 2009 11:56pm Dec 3, 2009 11:56pm
it's trying to push!! haha
  • #185,906
  • Dec 3, 2009 11:57pm Dec 3, 2009 11:57pm
I think i am going to go short very soon.Lets see if I can go right or wrong,but i still think that today's low will be below 1.6450
  • #185,907
  • Dec 4, 2009 12:00am Dec 4, 2009 12:00am
bah
  • #185,908
  • Dec 4, 2009 12:02am Dec 4, 2009 12:02am
Quoting Gena
Might have to wait for the 1h candle to close below it.
new 1hr cs just opened....
seems like need another hour to do confirmation....
1.6495 also need to watch then...weekly pivot there...
  • #185,909
  • Dec 4, 2009 12:03am Dec 4, 2009 12:03am
Quoting thetruthspy
new 1hr cs just opened....
seems like need another hour to do confirmation....
1.6495 also need to watch then...weekly pivot there...

I'll be out by 1.6495 so hope it goes there!
  • #185,910
  • Edited 12:25am Dec 4, 2009 12:09am | Edited 12:25am
Quoting Scrmnegl
I'll be out by 1.6495 so hope it goes there!
im thinking bout some retracement at 1.6525/1.6510....
retrace to 1.6590/1.6616,then head to south again..
but yes, if pass 1.6510, 1.6495 would be a nice place to arrive.
  • #185,911
  • Dec 4, 2009 12:39am Dec 4, 2009 12:39am
wonder what's going on
  • #185,912
  • Dec 4, 2009 12:40am Dec 4, 2009 12:40am
its starting to recover up guys,i was lucky that i was not having any shorts
  • #185,913
  • Dec 4, 2009 12:42am Dec 4, 2009 12:42am
watch out guys this could be a bull trap
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,914
  • Dec 4, 2009 12:44am Dec 4, 2009 12:44am
Quoting ammarmemon
its starting to recover up guys,i was lucky that i was not having any shorts


haha, luck for you. I got in it short down at 26
  • #185,915
  • Dec 4, 2009 12:45am Dec 4, 2009 12:45am
Quoting samdani786
watch out guys this could be a bull trap
yup amen to that.
  • #185,916
  • Dec 4, 2009 12:45am Dec 4, 2009 12:45am
Quoting Scrmnegl
wonder what's going on
This is what happend
Attached Image (click to enlarge)
Click to Enlarge Name: usd.gif Size: 18 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,917
  • Dec 4, 2009 12:47am Dec 4, 2009 12:47am
Quoting samdani786
This is what happend

Where do you get your live dollar index charting?
  • #185,918
  • Dec 4, 2009 12:47am Dec 4, 2009 12:47am
where do yo see this going up to


Quoting samdani786
This is what happend
  • #185,919
  • Dec 4, 2009 12:49am Dec 4, 2009 12:49am
Quoting samdani786
This is what happend
See how the dollar index is acting ? Came down but looke like bouncing off the support. If it goes back up you know where the cable will go ?????
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,920
  • Dec 4, 2009 12:50am Dec 4, 2009 12:50am
Quoting samdani786
See how the dollar index is acting ? Came down but looke like bouncing off the support. If it goes back up you know where the cable will go ?????

We will see it drop....LET'S HOPE!
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