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Cable Update (GBPUSD)

  • #185,901
  • Dec 3, 2009 9:47pm Dec 3, 2009 9:47pm
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 9:48pm Dec 3, 2009 9:48pm
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 9:49pm Dec 3, 2009 9:49pm
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 9:51pm Dec 3, 2009 9:51pm
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 9:56pm Dec 3, 2009 9:56pm
it's trying to push!! haha
  • #185,906
  • Dec 3, 2009 9:57pm Dec 3, 2009 9:57pm
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 3, 2009 10:00pm Dec 3, 2009 10:00pm
bah
  • #185,908
  • Dec 3, 2009 10:02pm Dec 3, 2009 10:02pm
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 3, 2009 10:03pm Dec 3, 2009 10:03pm
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 10:25pm Dec 3, 2009 10:09pm | Edited 10:25pm
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 3, 2009 10:39pm Dec 3, 2009 10:39pm
wonder what's going on
  • #185,912
  • Dec 3, 2009 10:40pm Dec 3, 2009 10:40pm
its starting to recover up guys,i was lucky that i was not having any shorts
  • #185,913
  • Dec 3, 2009 10:42pm Dec 3, 2009 10:42pm
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 3, 2009 10:44pm Dec 3, 2009 10:44pm
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 3, 2009 10:45pm Dec 3, 2009 10:45pm
Quoting samdani786
watch out guys this could be a bull trap
yup amen to that.
  • #185,916
  • Dec 3, 2009 10:45pm Dec 3, 2009 10:45pm
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 3, 2009 10:47pm Dec 3, 2009 10:47pm
Quoting samdani786
This is what happend

Where do you get your live dollar index charting?
  • #185,918
  • Dec 3, 2009 10:47pm Dec 3, 2009 10:47pm
where do yo see this going up to


Quoting samdani786
This is what happend
  • #185,919
  • Dec 3, 2009 10:49pm Dec 3, 2009 10:49pm
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 3, 2009 10:50pm Dec 3, 2009 10:50pm
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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