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Cable Update (GBPUSD)

  • #204,021
  • Mar 7, 2010 10:29pm Mar 7, 2010 10:29pm
Quoting forexlion
5176 is kiss of death level as per daily currently

unless daily macd turns otherwise

the last time it happened was 16 feb, check my chart
http://www.forexfactory.com/showpost...stcount=204027
  • #204,022
  • Mar 7, 2010 10:34pm Mar 7, 2010 10:34pm
Quoting forexlion
http://www.forexfactory.com/showpost...stcount=204027
and we have 2 important supports to break along the way

the last week close and current week open, this excludes sunday trading
Attached Image (click to enlarge)
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  • #204,023
  • Edited 10:49pm Mar 7, 2010 10:36pm | Edited 10:49pm
i'm long from late friday around 1.5080..i see some price pull back in 1H RSI/CCI .. so it's time for me to bank in my pips..

waiting to go along again area 1.5110 .. this is my 61.8 fibo ( 1.5315,1.4778 )
  • #204,024
  • Edited 10:55pm Mar 7, 2010 10:44pm | Edited 10:55pm
everyone Long?? ok, than i will short, this world have to be balance, right? wish me luck...
SL = entry (bad entry, right in the war line, but don't care, already in ) now zzz......
I will be the number one Manager.
  • #204,025
  • Mar 7, 2010 10:45pm Mar 7, 2010 10:45pm
Quoting forexlion
and we have 2 important supports to break along the way

the last week close and current week open, this excludes sunday trading
Ihope Malcolm is enjoying his long
Attached Image (click to enlarge)
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  • #204,026
  • Mar 7, 2010 10:46pm Mar 7, 2010 10:46pm
Quoting javapips
everyone Long?? ok, than i will short, this world have to be balance, right? wise me luck...
SL = entry (bad entry, right in the war line, but don't care, already in ) now zzz......
naughty
  • #204,027
  • Mar 7, 2010 10:51pm Mar 7, 2010 10:51pm
euro is flat currently, unless we see something above 3704 / 25
Attached Image (click to enlarge)
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  • #204,028
  • Mar 7, 2010 10:54pm Mar 7, 2010 10:54pm
Quoting forexlion
euro is flat currently, unless we see something above 3704 / 25
so that brings us to an important VIP eurogbp

if he is interested in going up then ........ oh well
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  • #204,029
  • Mar 7, 2010 11:05pm Mar 7, 2010 11:05pm
Quoting forexlion
Ihope Malcolm is enjoying his long

We are...I even got another with that dip you showed.
  • #204,030
  • Mar 7, 2010 11:07pm Mar 7, 2010 11:07pm
Quoting Ctic
We are...I even got another with that dip you showed.
egad, u r one guy i can't go against, i better check my charts again
  • #204,031
  • Mar 7, 2010 11:20pm Mar 7, 2010 11:20pm
Hopefully, the bulls doesnt freakout so easily.

http://img62.imageshack.us/img62/4681/guenergy.png
  • #204,032
  • Mar 7, 2010 11:22pm Mar 7, 2010 11:22pm
Quoting forexlion
egad, u r one guy i can't go against, i better check my charts again
Needs to break this high and then it's off to the races. If not, back down. I still tink 5400
  • #204,033
  • Mar 7, 2010 11:23pm Mar 7, 2010 11:23pm
Quoting forexlion
egad, u r one guy i can't go against, i better check my charts again
well traders once again these dont count because they wernt posted before the fact , but another picture of price action and some patterns that get discredited a lot , mostly because the rule base is a little rigid but if you use them around certain levels they can get you some nice entry points , the gbpusd hasent been below its daily open but very briefly since the open , long from the inverted head and shoulder pattern marked out, 1st target is todays high , we get above this , last weeks high will be the next one , any how lots of ways to get some profit , a long view, a short view and plenty inbetween cheers all,( my shorts posted from earlier highs were sttpped out in profit before we got back to the daily open)
Attached Image (click to enlarge)
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  • #204,034
  • Mar 7, 2010 11:24pm Mar 7, 2010 11:24pm
I have my daily pivot R1 at 1.5203, my 38% fibo is also around there.
  • #204,035
  • Mar 7, 2010 11:35pm Mar 7, 2010 11:35pm
Quoting Satni
Hopefully, the bulls doesnt freakout so easily.

http://img62.imageshack.us/img62/4681/guenergy.png
Hi Satni,

Can I ask what platform/indicators are you using?

Thanks
  • #204,036
  • Mar 7, 2010 11:37pm Mar 7, 2010 11:37pm
Quoting MarkyBoy
Hi Satni,

Can I ask what platform/indicators are you using?

Thanks
Its mt4, and renko 3.2 and andrew pitchfork.

Good luck
  • #204,037
  • Mar 7, 2010 11:40pm Mar 7, 2010 11:40pm
was happening all. new to fx factory. cable trading and have been long since this morinings little dip. i entered at 135. looking for 245 and i think we just about to see a break of todays high. bring on the pips!!!!!!
  • #204,038
  • Mar 7, 2010 11:41pm Mar 7, 2010 11:41pm
Quoting kill56
try on demo back info plz
Thank's... Thank's a Lot, Bro.

I was TEST, today.
TWO HARMONIC's Indi Still Re-Paint & Late make Chart !
And ichi Indi too...
Looks... more BUG in All Indi's

More Detail, I will Explaint in PM, Next Time !
Always looking the GREAT, never left GOOD Point...
  • #204,039
  • Mar 7, 2010 11:43pm Mar 7, 2010 11:43pm
Bulls never give up ! We broke the high of the week...
  • #204,040
  • Mar 7, 2010 11:46pm Mar 7, 2010 11:46pm
I can see 1.5204 slowing it down for a while.
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