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Cable Update (GBPUSD)

  • #190,921
  • Jan 6, 2010 2:39am Jan 6, 2010 2:39am
Quoting Ctic
I did move my sl up 25 extra pips. but moving towards that.

Ctic,

Does your fibo retrace against your prior daily come into play here?

It's pushing through the 50% at the moment. Have I drawn this correctly?

The 61.8 might serve as a good sl too. (~1.6079)

Dr. D.
Attached Image
  • #190,922
  • Jan 6, 2010 2:42am Jan 6, 2010 2:42am
went short @1.6060 & 1.6038
  • #190,923
  • Jan 6, 2010 2:42am Jan 6, 2010 2:42am
Quoting fourxtrader
Ctic,

Does your fibo retrace against your prior daily come into play here?

It's pushing through the 50% at the moment. Have I drawn this correctly?

Dr. D.
Yes, it is coming into play here. Like I have said many times before, the 50 and the 38.2 is what the G/U likes. You fibs are good but I have my reversed. I.E. Red candle 100 fib on bottom, Green candle 100 fib on top. Since yesterday was a down candle 100 on bottom.
  • #190,924
  • Jan 6, 2010 2:43am Jan 6, 2010 2:43am
Nearing the 200EMA on the 1hr which was held twice yesterday. Hopefully it's as solid today.
  • #190,925
  • Jan 6, 2010 2:44am Jan 6, 2010 2:44am
What,s up with dough gold oil
  • #190,926
  • Jan 6, 2010 2:52am Jan 6, 2010 2:52am
What,s up with dough gold oil
  • #190,927
  • Jan 6, 2010 2:58am Jan 6, 2010 2:58am
Quoting TerpFan2
Dude,
EXACT same Entry Pt.
Let's see how she works Dr. D.
-Best of Sleep to you, if you do,

Jeff !
Hey Jeff

Hope you had a great holiday and all my best for a profitable new year my friend.

Short at 6052 myself....
Ghost Rider - WWTBMD?
  • #190,928
  • Jan 6, 2010 2:58am Jan 6, 2010 2:58am
coming in less than 5 min
Don't tell me how much you can earn. Tell me how much you may lose..
  • #190,929
  • Jan 6, 2010 2:59am Jan 6, 2010 2:59am
Quoting albchr
Hey Jeff

Hope you had a great holiday and all my best for a profitable new year my friend.

Short at 6052 myself....
I'm Also short at 6051, any suggest for TP

Anyone Suggest Please.Thx
Guide me please
  • #190,930
  • Jan 6, 2010 2:59am Jan 6, 2010 2:59am
Quoting albchr
Short at 6052 myself...
I have it at 1.6041
Don't tell me how much you can earn. Tell me how much you may lose..
  • #190,931
  • Jan 6, 2010 3:00am Jan 6, 2010 3:00am
Hey Guys,

I'm short at 6050... any thoughts on where its headed before turning????
  • #190,932
  • Jan 6, 2010 3:01am Jan 6, 2010 3:01am
Quoting Ctic
Yes, it is coming into play here. Like I have said many times before, the 50 and the 38.2 is what the G/U likes. You fibs are good but I have my reversed. I.E. Red candle 100 fib on bottom, Green candle 100 fib on top. Since yesterday was a down candle 100 on bottom.
Now sitting right on the 61.8. Correct? (1.6037)

Dr. D.
Attached Image
  • #190,933
  • Jan 6, 2010 3:04am Jan 6, 2010 3:04am
Quoting adie1976
I'm Also short at 6051, any suggest for TP

Anyone Suggest Please.Thx
1.5885
  • #190,934
  • Jan 6, 2010 3:05am Jan 6, 2010 3:05am
Quoting fourxtrader
Now sitting right on the 61.8. Correct? (1.6037)

Dr. D.
Yes that is correct.
  • #190,935
  • Jan 6, 2010 3:05am Jan 6, 2010 3:05am
Quoting fxblinkers
Hey Guys,

I'm short at 6050... any thoughts on where its headed before turning????

need break 6035 first for downside......
  • #190,936
  • Jan 6, 2010 3:06am Jan 6, 2010 3:06am
Perhaps GU will not amend high before 4:30am. At 4:30sm we'll have Services PMI released and any new move should be followed by data release.

What do you think guys?
Don't tell me how much you can earn. Tell me how much you may lose..
  • #190,937
  • Jan 6, 2010 3:07am Jan 6, 2010 3:07am
Hey Chris,

I Just... saw your post.
Happy New Year too bud. I was wondering
where any of the "gang" were! !

Yeah,
Amen, wishing the same to you too...
Well, were @the end of a move here -or,
the beginning AFTer we hope is a retrace,
towards back down, eh? !

-Let's see what she does,
Again, wishing you the best for this yr. too Chris,

Jeff !

Quoting albchr
Hey Jeff

Hope you had a great holiday and all my best for a profitable new year my friend.

Short at 6052 myself....
I will work to Objectively Identify my Edges
  • #190,938
  • Jan 6, 2010 3:10am Jan 6, 2010 3:10am
Quoting Baby-Trader
1.5885
thx mate. I'll move my SL to BE, and see those movement
Guide me please
  • #190,939
  • Jan 6, 2010 3:11am Jan 6, 2010 3:11am
GBP: Services PMI in 20 min.
  • #190,940
  • Jan 6, 2010 3:16am Jan 6, 2010 3:16am
Quoting TerpFan2
Hey Chris,

I Just... saw your post.
Happy New Year too bud. I was wondering
where any of the "gang" were! !

Yeah,
Amen, wishing the same to you too...
Well, were @the end of a move here -or,
the beginning AFTer we hope is a retrace,
towards back down, eh? !

-Let's see what she does,
Again, wishing you the best for this yr. too Chris,

Jeff !
We're always lurking in the background buddy.....

I'm seeing the possibility of 5900/5800 this week. Like you said, let's what she does.
Ghost Rider - WWTBMD?
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