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Cable Update (GBPUSD)

  • #192,941
  • Jan 14, 2010 2:07am Jan 14, 2010 2:07am
Quoting big_pipin
ok im short now at 6268
I with you from 6270 with 30 pip SL
  • #192,942
  • Jan 14, 2010 2:07am Jan 14, 2010 2:07am
Quoting FXFundi
I have just gone short from 1.6280 - SL 1.6336 TP1 = 1.6174, TP2= 1.6093 and TP3 = 1.6012 Reasons are: Hit the cent at 1.6300, hit A1 786 Fib at 1.6285, hit A2 at 1.6275 and past support = future resistance.
Based on previous analysis - still happy with my SHORT from 1.6280. 4 hour closed with another shooting star, making tweezer tops - 8 hour closed with shooting star followed by grave stone doji. All very bearish formations to me.

What do you guys think?
May the forex be with you |
  • #192,943
  • Jan 14, 2010 2:10am Jan 14, 2010 2:10am
Just My View
Attached Image (click to enlarge)
Click to Enlarge Name: GU-1-14.jpg Size: 134 KB
* Never Trust To Any Indicator *
  • #192,944
  • Jan 14, 2010 2:12am Jan 14, 2010 2:12am
Quoting vincy balboa
if you are a scalper so you shouldn't wait on Day and when you go to sleep ..

i have measure your SL is 35PIPS doesn't it . GU is very volatile And people Lose money becoz the Over leverage as well No Management ..


So start on morning and If you have GU Less then 60 pips SL

and you are Even Number on Your Position so try to wait until something else doing, or if you having Profit Make this into level of double .Not From your SL and You can do what you want

it is all about MANAGEMENT
Thanks . Yes my SL is 35pips, under 1.6270 . Seems was wrong yesterday . Ok good luck to you
  • #192,945
  • Jan 14, 2010 2:12am Jan 14, 2010 2:12am
Quoting Shad
Just My View
  • #192,946
  • Jan 14, 2010 2:13am Jan 14, 2010 2:13am
Quoting Shad
Just My View
Just save ur picture for studying tonight
  • #192,947
  • Jan 14, 2010 2:14am Jan 14, 2010 2:14am
I'm still holding short from 1.6275...hoping for a correction toward 1.618 at least.
Vol is high on the 1h tf mainly on the last pin bar which should confirm sellers are there...one more down bar and we're down
COT: The precious data ignored
  • #192,948
  • Jan 14, 2010 2:15am Jan 14, 2010 2:15am
Quoting FXFundi
Based on previous analysis - still happy with my SHORT from 1.6280. 4 hour closed with another shooting star, making tweezer tops - 8 hour closed with shooting star followed by grave stone doji. All very bearish formations to me.

What do you guys think?
i agree , i sold the pair @ 1.6286, and placed my stop at 1.6330, testing 78.2% fibo ret. never break it, i think its time to sell for 100 pip target
Winning isn't Everything...Winning is THE ONLY THING
  • #192,949
  • Jan 14, 2010 2:15am Jan 14, 2010 2:15am
Quoting Shad
Just My View
very good view compare to other

basically when you dont have 3=4 so how you are saying 5th Ww .. but it is a beautiful WEDGE PATTER..

you can see here the wedge patter Lists

http://www.chartpatterns.com/images/2wedges.gif
DRAGON-TECHNICAL ANALYSIS!
  • #192,950
  • Jan 14, 2010 2:22am Jan 14, 2010 2:22am
Rejected by 1.6312 on H4, I maybe reversed short !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #192,951
  • Jan 14, 2010 2:25am Jan 14, 2010 2:25am
Quoting Clouds
Draw a line for daily
I know what you mean.... REAL selling pressure is not till 1.6350, here's why...

I won't be selling till 1.6350
Attached Image (click to enlarge)
Click to Enlarge Name: Daily.JPG Size: 98 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #192,952
  • Jan 14, 2010 2:30am Jan 14, 2010 2:30am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
im short from .6302.

targeting .6190.
  • #192,953
  • Edited 3:03am Jan 14, 2010 2:31am | Edited 3:03am
Hello people,since last friday,i think the GU will enjoy the journey towards the north pole till next week at least.For today,it may hit 1.6350.http://cdn.forexfactory.com/images/icons/icon14.gif
  • #192,954
  • Jan 14, 2010 2:50am Jan 14, 2010 2:50am
Quoting brosd
Hello people,since last friday,i think the GU will enjoy he journey towards the north pole till next week at least.For today,it may hit 1.6350.http://cdn.forexfactory.com/images/icons/icon14.gif
may be bro if it breaks 1.631x
  • #192,955
  • Jan 14, 2010 3:01am Jan 14, 2010 3:01am
Will short at 6330 . Ofcourse after some confirmation.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp h4.gif Size: 26 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #192,956
  • Jan 14, 2010 3:06am Jan 14, 2010 3:06am
Quoting Shad
Just My View
Hi there my lady. I bin looking for quite some time to learn about this wolv waves. Can you please kindly tell me where can i get something to learn about it ? Will appreciate. Thanks
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #192,957
  • Jan 14, 2010 3:09am Jan 14, 2010 3:09am
g'day...

pending long @ 6315....
  • #192,958
  • Jan 14, 2010 3:10am Jan 14, 2010 3:10am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
this market is giving me agita.
  • #192,959
  • Jan 14, 2010 3:11am Jan 14, 2010 3:11am
Quoting samdani786
Hi there my lady. I bin looking for quite some time to learn about this wolv waves. Can you please kindly tell me where can i get something to learn about it ? Will appreciate. Thanks
www.wolfewave.com. Hope it good for a start.
  • #192,960
  • Jan 14, 2010 3:13am Jan 14, 2010 3:13am
:nerd:1.6312 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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