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Cable Update (GBPUSD)

  • #192,081
  • Jan 11, 2010 8:21am Jan 11, 2010 8:21am
WHO LET THE GAP OUT >>>>WHO WHO WHO


That Gap formation is keep on staring at me
  • #192,082
  • Jan 11, 2010 8:22am Jan 11, 2010 8:22am
Quoting m.haggag
Is USD strong enough to break the uptrend on 30 mins ft ??
I think yes. Cable may touch 1.6100
Don't tell me how much you can earn. Tell me how much you may lose..
  • #192,083
  • Jan 11, 2010 8:22am Jan 11, 2010 8:22am
H4 update
chart patterns
what a lovely pattern
Attached Image (click to enlarge)
Click to Enlarge Name: abc.gif Size: 22 KB
  • #192,084
  • Jan 11, 2010 8:24am Jan 11, 2010 8:24am
Some Investment Bank or Financial Institution has dumped a large sell order on the market. Its quite possible that it will flush out long trades which joined late and anyone short should cover their positions.
"The trend is your friend, until the end."
  • #192,085
  • Jan 11, 2010 8:26am Jan 11, 2010 8:26am
WHO LET THE GAPS OUT? WHO WHO WHO

THE INVESTMENT BANKERS DID..

I am short from 1.6175
  • #192,086
  • Jan 11, 2010 8:27am Jan 11, 2010 8:27am
Quoting EliteFX
I think yes. Cable may touch 1.6100
affirmative
  • #192,087
  • Jan 11, 2010 8:28am Jan 11, 2010 8:28am
break, break, break
Attached Image (click to enlarge)
Click to Enlarge Name: abc.gif Size: 22 KB
  • #192,088
  • Jan 11, 2010 8:28am Jan 11, 2010 8:28am
+ 70 pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #192,089
  • Jan 11, 2010 8:29am Jan 11, 2010 8:29am
Looks nice. If it holds, we may see 1.59 again by end of the week.

Quoting Baby-Trader
H4 update
chart patterns
what a lovely pattern
  • #192,090
  • Jan 11, 2010 8:30am Jan 11, 2010 8:30am
Quoting Mr. Krebs
Looks nice. If it holds, we may see 1.59 again by end of the week.

WHY NOT TODAY
  • #192,091
  • Jan 11, 2010 8:32am Jan 11, 2010 8:32am
Quoting manize
Trade what you see bro. This forum is just only for share.

To be a success trader :

1. Become yourself with a proven accurate system/platform set up by yourself
2. Good MM
3. Know when in when out
4. Have a realistic measured target
how's 1.6130?
  • #192,092
  • Jan 11, 2010 8:32am Jan 11, 2010 8:32am
Quoting Mr. Krebs
Looks nice. If it holds, we may see 1.59 again by end of the week.
1.57 by the end of week.
but only if it holds
  • #192,093
  • Jan 11, 2010 8:32am Jan 11, 2010 8:32am
Guys, do not keep dreaming any more of going long on GU, I think the long pattern got broken by retracement and breaking thr ground of 1.6140....Say hello to 1.659 now
  • #192,094
  • Jan 11, 2010 8:33am Jan 11, 2010 8:33am
Quoting Jassim
WHY NOT TODAY
within next few hours I would say

c'mon man
Don't tell me how much you can earn. Tell me how much you may lose..
  • #192,095
  • Jan 11, 2010 8:34am Jan 11, 2010 8:34am
Quoting egkid
In my view:
The good news is both bear and bull can make profit
Market ranging but power will be to U$ side "Trend down" On my daily chart
Top:1.6200
Bottom:1.5750
Long or short Pick up your entry
So far things goes fine but still didn't add sell yet
Maybe tomorrow if we get higher
  • #192,096
  • Jan 11, 2010 8:34am Jan 11, 2010 8:34am
Quoting Jassim
Guys, do not keep dreaming any more of going long on GU, I think the long pattern got broken by retracement and breaking thr ground of 1.6140....Say hello to 1.659 now
When this happened?

We still have a very solid support at 1.6090/100 - That would be a buying point I must say..
Attached Image (click to enlarge)
Click to Enlarge Name: buying.JPG Size: 62 KB
Don't tell me how much you can earn. Tell me how much you may lose..
  • #192,097
  • Jan 11, 2010 8:35am Jan 11, 2010 8:35am
Becoz we first need to break 1.6080 and this will need some time and some bears, whereas bears will have fear after this uptrend of this morning. Let's wait.

Quoting Jassim
WHY NOT TODAY
  • #192,098
  • Jan 11, 2010 8:37am Jan 11, 2010 8:37am
Quoting Jassim
Guys, do not keep dreaming any more of going long on GU, I think the long pattern got broken by retracement and breaking thr ground of 1.6140....Say hello to 1.659 now
what do you say?
I can't understand you
  • #192,099
  • Jan 11, 2010 8:38am Jan 11, 2010 8:38am
Quoting EliteFX
When this happened?
Follow the Gap Formation, and look at the one hour candel chart, for today no more long, toorrow, I doubt the Gu will revert back...By tomorrow, you we might see the trend line breaking at 4H hopefully
  • #192,100
  • Jan 11, 2010 8:39am Jan 11, 2010 8:39am
Quoting m.haggag
IS USD strong enough to break the uptrend on 30 mins ft ??
It appears to be going to the 61% where it converges with the 10 day and previous resistance. Look for a bounce, etc.
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