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Cable Update (GBPUSD)

  • #194,461
  • Jan 20, 2010 3:03am Jan 20, 2010 3:03am
Quoting Ctic
Shad,

Out of curiosity, what are all the dots on your chart? is that moving supports and resistances or pivots?

Hey Friend !

They R Simply Parabolic !

:nerd:
* Never Trust To Any Indicator *
  • #194,462
  • Jan 20, 2010 3:07am Jan 20, 2010 3:07am
Quoting Jemmy
where will she go?

Attachment
Hi Jemmy! Don't trade at 5m chart. only H1 H4 D1

Good luck!
  • #194,463
  • Jan 20, 2010 3:13am Jan 20, 2010 3:13am
Quoting uksnowman
Do you think 1.6340-1.6455 is realistic for a retracement?

I like the 1.6350 level and then we will see what happens from there.
  • #194,464
  • Jan 20, 2010 3:16am Jan 20, 2010 3:16am
Well...the moment we've been waiting for is around the corner... good luck to you all!!!
  • #194,465
  • Jan 20, 2010 3:21am Jan 20, 2010 3:21am
Quoting Privet
Hi Jemmy! Don't trade at 5m chart. only H1 H4 D1

Good luck!
Thanks Privet..
I usually use D1 for main trend, H1 for signal to enter/exit, M5 for when to enter/exit..
Patience + Discipline =
  • #194,466
  • Jan 20, 2010 3:25am Jan 20, 2010 3:25am
the news will announce in 5 minutes..
how is the impact?
Patience + Discipline =
  • #194,467
  • Jan 20, 2010 3:27am Jan 20, 2010 3:27am
Quoting Jemmy
the news will announce in 5 minutes..
how is the impact?
looks gbp positive (bit of buying going on now)....lets see if she heads over 1.6230 and holds.....if not....further downside...
  • #194,468
  • Jan 20, 2010 3:33am Jan 20, 2010 3:33am
Quoting Shad
Hey Friend !

They R Simply Parabolic !

:nerd:
Ok, thanks I was curious.
  • #194,469
  • Jan 20, 2010 3:36am Jan 20, 2010 3:36am
Excelent news for cable and no price movement!!!
  • #194,470
  • Jan 20, 2010 3:52am Jan 20, 2010 3:52am
Quoting Jemmy
Thanks Privet..
I usually use D1 for main trend, H1 for signal to enter/exit, M5 for when to enter/exit..
Jemmy! Now I don't understand H4.
H1-Up to 1.63773
D1-down, but no long (fibo show up to 1.64711, 1.65253, 1.65890, 1.68743).

H4-down (but now up... befor?!) I think 1.63773 too
  • #194,471
  • Jan 20, 2010 3:57am Jan 20, 2010 3:57am
Quoting noob
thanks bro for the tips hope can learn more from all trader here.for now i just lock my +90 pip
NP Noob, this is that retrace back up I was talking about.
  • #194,472
  • Jan 20, 2010 4:01am Jan 20, 2010 4:01am
If you're not selling your in dangerous waters...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable.JPG Size: 104 KB
Click to Enlarge Name: Daily.JPG Size: 114 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #194,473
  • Jan 20, 2010 4:04am Jan 20, 2010 4:04am
Quoting Privet
Jemmy! Now I don't understand H4.
H1-Up to 1.63773
D1-down, but no long (fibo show up to 1.64711, 1.65253, 1.65890, 1.68743).

H4-down (but now up... befor?!) I think 1.63773 too
Privet,

I am not able to see your charts that you are posting. My 1H bounced off target 138.2 which is my Daily candle fib. I do not see it reaching the levels you are speaking of 1.6471, 1.65253, 1.65890 today are any time this week for that matter. I could be wrong but I think we may retrace down for the rest of the week. Just my opinion.
  • #194,474
  • Jan 20, 2010 4:05am Jan 20, 2010 4:05am
wow this price action sucks. I got a small buy in at 1.6294. TP at 1.6350. lets see how she plays out.
  • #194,475
  • Jan 20, 2010 4:07am Jan 20, 2010 4:07am
Quoting Bull_Bear
If you're not selling your in dangerous waters...
Agree with you 100%. Get in at the bounces and ride the train back downtown. Pinbar candle yesterday, Hit target fibs for the retraces on monthly (weekly) candle. Short is the safe play.
  • #194,476
  • Jan 20, 2010 4:08am Jan 20, 2010 4:08am
Goals changed.

First goals 1.63593, 1.63708, 1.63856 ( I think TP 1.63773)
Then down to 1.60886, 1.60833, 1.60470.

Other opinion?
  • #194,477
  • Jan 20, 2010 4:09am Jan 20, 2010 4:09am
Hi Fellas,
prepare yourself for USDIX bullish flag breakout.
Attached Image (click to enlarge)
Click to Enlarge Name: ooo2.gif Size: 22 KB
  • #194,478
  • Jan 20, 2010 4:14am Jan 20, 2010 4:14am
Quoting Ctic
Privet,

I am not able to see your charts that you are posting. My 1H bounced off target 138.2 which is my Daily candle fib. I do not see it reaching the levels you are speaking of 1.6471, 1.65253, 1.65890 today are any time this week for that matter. I could be wrong but I think we may retrace down for the rest of the week. Just my opinion.
http://www.forexfactory.com/attachme...1&d=1263982434
  • #194,479
  • Jan 20, 2010 4:30am Jan 20, 2010 4:30am
Trendline on H4 broken

A Head and shoulder might be forming. Let's wait and see. Patience is the key.

Attached Image (click to enlarge)
Click to Enlarge Name: Forex2.jpg Size: 59 KB
  • #194,480
  • Jan 20, 2010 4:35am Jan 20, 2010 4:35am
Quoting Bull_Bear
If you're not selling your in dangerous waters...
Attached Image (click to enlarge)
Click to Enlarge Name: mickey-mouse-bugs-bunny-113.jpg Size: 47 KB
Thank You
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