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Cable Update (GBPUSD)

  • #192,101
  • Jan 11, 2010 8:39am Jan 11, 2010 8:39am
Quoting EliteFX
I think yes. Cable may touch 1.6100
Yeh, hope so too and i'd like it to deep toward 1.6080 before reversing or go deeper
COT: The precious data ignored
  • #192,102
  • Jan 11, 2010 8:43am Jan 11, 2010 8:43am
1.625
1.6225
1.619
1.6164 last price
1.611
1.607
1.6035

http://www.tradingcentral.com/chart/...0111135930.gif
  • #192,103
  • Jan 11, 2010 8:43am Jan 11, 2010 8:43am
I've been reading this forum for more than a year know.
With this first post I would like to thank all people here specialy
names like Geppy, direct-tradye, malcolmb, wormboy, baby-trader for their expertice. The saying is look at the charts, but well, to be completly honest this (and many others who I forgot) give insight and make someone like me (not in the elite 10%) trade a earn some.

Took a short 1.6158, and I'm +30 pips

Don't get me wrong, I'm learning not just looking the answer to my trades.

Hope to post again soon.
  • #192,104
  • Jan 11, 2010 8:46am Jan 11, 2010 8:46am
To me 1.6090/100 is a reasonable buying point..
Attached Image (click to enlarge)
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Don't tell me how much you can earn. Tell me how much you may lose..
  • #192,105
  • Jan 11, 2010 8:49am Jan 11, 2010 8:49am
[IMG]file:///C:/Documents%20and%20Settings/Jassim%20Al%20Hammadi/My%20Documents/Saturn%20Trader/gbp%20usd.gif[/IMG]
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd.gif Size: 70 KB
  • #192,106
  • Jan 11, 2010 8:51am Jan 11, 2010 8:51am
Quoting MartinR
I've been reading this forum for more than a year know.
With this first post I would like to thank all people here specialy
names like Geppy, direct-tradye, malcolmb, wormboy, baby-trader for their expertice. The saying is look at the charts, but well, to be completly honest this (and many others who I forgot) give insight and make someone like me (not in the elite 10%) trade a earn some.

Took a short 1.6158, and I'm +30 pips

Don't get me wrong, I'm learning not just looking the answer to my trades.

Hope to post again soon.
Welcome on board Martin.
Hope you have nice trading.
My advice to you, don't follow any call here.
just use them as a different views from different people.

GL
  • #192,107
  • Jan 11, 2010 8:58am Jan 11, 2010 8:58am
Quoting kilalik
how's 1.6130?
Look at my chart !

Basic of trade is should learn hard where is the support (S) /resistant (R) level to set up the entry, the SL and the target. I choose the history of pivot level to set up my trade platform. On my chart you can see the magentha ( Daily Pivot) / blue (Weekly Pivot )/ white line (Monthly Pivot). Just watched the movement when goes to those level for a certain time depend on what time frame you use, only two option, will break or reverse.

1.6135 is one of my S/R, currently see H1/H4 ---> NOT EASY TO BREAK DOWN THIS LEVEL (also see M1/M5/M15/M30). I may take a long surround here or close my short or hold, depend on : Next new H1 perfomance meanwhile also watch M1/M5/M15/M30 candle !
Attached Image (click to enlarge)
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I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #192,108
  • Jan 11, 2010 8:59am Jan 11, 2010 8:59am
Some hurldes for the way down (1.6080, 1.6000) - as for now.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_h4.gif Size: 19 KB
  • #192,109
  • Jan 11, 2010 8:59am Jan 11, 2010 8:59am
+37 pips and short @ 6140
  • #192,110
  • Jan 11, 2010 9:00am Jan 11, 2010 9:00am
GU Next target is 1.6070
  • #192,111
  • Jan 11, 2010 9:01am Jan 11, 2010 9:01am
Watch the arrrow
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd next.gif Size: 70 KB
  • #192,112
  • Jan 11, 2010 9:04am Jan 11, 2010 9:04am
Quoting Jassim
GU Next target is 1.6070
I'm setting my LS at 6080 80 pips is enough and going to nap for 2 hours
  • #192,113
  • Jan 11, 2010 9:10am Jan 11, 2010 9:10am
The Dow is heading down, risk apetite is coming down, investment bankers are getting out, there is chinese crisis on the horizon....I think the GU is heading down, this is the peak of it...
  • #192,114
  • Jan 11, 2010 9:12am Jan 11, 2010 9:12am
M15 update.
Attached Image (click to enlarge)
Click to Enlarge Name: abc.gif Size: 22 KB
  • #192,115
  • Jan 11, 2010 9:40am Jan 11, 2010 9:40am
Quoting manize
Look at my chart !

Basic of trade is should learn hard where is the support (S) /resistant (R) level to set up the entry, the SL and the target. I choose the history of pivot level to set up my trade platform. On my chart you can see the magentha ( Daily Pivot) / blue (Weekly Pivot )/ white line (Monthly Pivot). Just watched the movement when goes to those level for a certain time depend on what time frame you use, only two option, will break or reverse.

1.6135 is one of my S/R, currently see H1/H4 --->...

Your chart is a mess. lol (and looks like my office)

Now witness simplicity.

Dr. D.
Attached Image
  • #192,116
  • Jan 11, 2010 9:51am Jan 11, 2010 9:51am
Quoting manize
Look at my chart !

Basic of trade is should learn hard where is the support (S) /resistant (R) level to set up the entry, the SL and the target. I choose the history of pivot level to set up my trade platform. On my chart you can see the magentha ( Daily Pivot) / blue (Weekly Pivot )/ white line (Monthly Pivot). Just watched the movement when goes to those level for a certain time depend on what time frame you use, only two option, will break or reverse.

1.6135 is one of my S/R, currently see H1/H4 ---> NOT EASY TO BREAK DOWN THIS LEVEL (also...
BUT, the message and instruction are great!

Dr. D.
  • #192,117
  • Jan 11, 2010 9:56am Jan 11, 2010 9:56am
manize...your chart looks like spaggeti..i dont know how u can read that
  • #192,118
  • Jan 11, 2010 10:02am Jan 11, 2010 10:02am
short limit 1.62 trg 1.61 ...
  • #192,119
  • Jan 11, 2010 10:05am Jan 11, 2010 10:05am
Quoting aswilled
It appears to be going to the 61% where it converges with the 10 day and previous resistance. Look for a bounce, etc.
My trade is looking good so far. If it pands it will retrace at high and consolidate through asia.
A. Finesse Williams Making Millions One Pip At A Time!
  • #192,120
  • Jan 11, 2010 10:22am Jan 11, 2010 10:22am
Quoting aswilled
My trade is looking good so far. If it pands it will retrace at high and consolidate through asia.
You're making some good calls.

Care to share a fibo chart or two to
illustrate your posts?

Takes a bit of effort but will help so many.

Thanks,

Dr. D.
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