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Cable Update (GBPUSD)

  • #214,981
  • Apr 8, 2010 9:51pm Apr 8, 2010 9:51pm
yo fellas simple candle stick analysis will show you 3 daily regections off the 20 sma and we can se pa is an ally to the ichmoku. i feel cable is not gonna dip down until after elections, the last pin was a green pin indicating shes ready to go up. i know u all got this fancy and by all means relevant analysis but i reckon london gonna break upwards already we can see support at the 23.60 but i am looking to enter a long at the 50% retracement of daily upward leg from 5140 as we speak a 5 min hammer is forming. we havent seen profit taking on a freaky friday for the last 2 fridays. euro also due for a rebound. thoughts ????????????????????
  • #214,982
  • Apr 8, 2010 9:57pm Apr 8, 2010 9:57pm
Quoting cableboy
yo fellas simple candle stick analysis will show you 3 daily regections off the 20 sma and we can se pa is an ally to the ichmoku. i feel cable is not gonna dip down until after elections, the last pin was a green pin indicating shes ready to go up. i know u all got this fancy and by all means relevant analysis but i reckon london gonna break upwards already we can see support at the 23.60 but i am looking to enter a long at the 50% retracement of daily upward leg from 5140 as we speak a 5 min hammer is forming. we havent seen profit taking...
I am short and i am hoping it takes one last dip today till 5140.
Planning for a long over there too
  • #214,983
  • Apr 8, 2010 10:03pm Apr 8, 2010 10:03pm
Quoting Honored
I am short and i am hoping it takes one last dip today till 5140.
Planning for a long over there too
gud luck bro it should go down to at least 240 area (38.20) if it doesnt break the 21 sma (5 min) on the upside. im not short cause i missed a good entry,(
  • #214,984
  • Apr 8, 2010 10:20pm Apr 8, 2010 10:20pm
hi frenz
try view this
thanx
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  • #214,985
  • Apr 8, 2010 10:24pm Apr 8, 2010 10:24pm
Quoting javapips
yeah yeah..., if you see the first one you will get shocked..,did you???
how is your trade Tsar? have butterfly? bat??? oh i see...monkey for sure...

Yup... me too

After Hits -25 Pips at April 6.
NOT Trade... Until Now. Suspicious with CABLE go.
And I used to Learn much More.

NOT to be Butterfly... Still Chrysalis for Now
But be Carrefull, More Risky for this Situation.
Always use Stop Loss & Trailing Stop.

What your Indi's used ??
Always looking the GREAT, never left GOOD Point...
  • #214,986
  • Apr 8, 2010 10:29pm Apr 8, 2010 10:29pm
Quoting kill56
salam bro how are u
Salam Bro...

I've got BAD News & GOOD News
Which News would you Choose ?
Always looking the GREAT, never left GOOD Point...
  • #214,987
  • Apr 8, 2010 10:29pm Apr 8, 2010 10:29pm
guys, please reply me if you can

my shorts are avg @ 1.5227

i am targeting for 1.515x as we did not break the top and retraced back

could you please suggest what i should do or if i am wrong at some place
  • #214,988
  • Apr 8, 2010 10:34pm Apr 8, 2010 10:34pm
Quoting xPrav
guys, please reply me if you can

my shorts are avg @ 1.5227

i am targeting for 1.515x as we did not break the top and retraced back

could you please suggest what i should do or if i am wrong at some place
I don't think we will get below 5250ish point personally..
  • #214,989
  • Apr 8, 2010 10:36pm Apr 8, 2010 10:36pm
Quoting Ctic
I don't think we will get below 5250ish point personally..
5380 first stop imho, but what do I know..
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  • #214,990
  • Apr 8, 2010 10:39pm Apr 8, 2010 10:39pm
Butterfly? Chrysalis?

Looking for a fall like yesterday ... then I think we will see up trend in daily.

Quoting Tsar
Yup... me too

After Hits -25 Pips at April 6.
NOT Trade... Until Now. Suspicious with CABLE go.
And I used to Learn much More.

NOT to be Butterfly... Still Chrysalis for Now
But be Carrefull, More Risky for this Situation.
Always use Stop Loss & Trailing Stop.

What your Indi's used ??
  • #214,991
  • Apr 8, 2010 10:40pm Apr 8, 2010 10:40pm
Quoting Ctic
I don't think we will get below 5250ish point personally..
i feel we will see 1.517x range yet again, but may bounce back from there as cable is obeying the ichi clound on H4 very nicely
  • #214,992
  • Apr 8, 2010 11:01pm Apr 8, 2010 11:01pm
Quoting iCarumba
Butterfly? Chrysalis?

Looking for a fall like yesterday ... then I think we will see up trend in daily.
Yeah...

I have 3 (Three) HARMONIC Indi's, Bro.

The One's have BUTTERFLY Now.
Btw... I can NOT Share to Post because More Risky for ALL.
Because I like SAFE Info to All for Trade


ID.
Jangan Percaya 100% dengan Indi. Kadang2x Tidak sesuai dengan Signal yg diberikan.
Pakailah beberapa Indi buat CROSS Check Kebenaran-nya.
Always looking the GREAT, never left GOOD Point...
  • #214,993
  • Apr 8, 2010 11:03pm Apr 8, 2010 11:03pm
Hello all. I'm looking for either:

1) a pullback to the 235 - 250 area. 38.2 - 50% fib, plus ma support and DPP, then long
or
2) a break of 300 (long 50%). wait for a pullback to that level, then add (50%)

Don't listen to me. I'm doing this to hold myself accountable
Attached Image
The market is always right.
  • #214,994
  • Apr 8, 2010 11:03pm Apr 8, 2010 11:03pm
Quoting xPrav
i feel we will see 1.517x range yet again, but may bounce back from there as cable is obeying the ichi clound on H4 very nicely
Well,

I wish you good luck... On 4H, we have the cluster of MA's 24, 34, and tunnel right at 5250. We have the channel bottom wall right at 5250.. If it breaks we have the tunnel and 23.6 fib line @5200, but I don't think it will get there.

There is alot of support right there and there was a huge amount of volume bringing price up to this level after the small volume dropped it.

But like I said, what do I know... Don't base your trades off this logic.

C.
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  • #214,995
  • Apr 8, 2010 11:21pm Apr 8, 2010 11:21pm
no reason to trade this PA. Guys wait till near london open. Bullish PA seen in US morning has stalled now. 5320 BIGASS resistance. If I were forced to take a trade, a short as close to 5320 as possible with no more than 40-50 point stop. I trade Hourlies/H4.

If we can clear 5450is area, we can talk about trend changing, until then the major Trend is DOWN.
Its all in the mind.
  • #214,996
  • Apr 8, 2010 11:36pm Apr 8, 2010 11:36pm
Quoting Ctic
Well,

I wish you good luck... On 4H, we have the cluster of MA's 24, 34, and tunnel right at 5250. We have the channel bottom wall right at 5250.. If it breaks we have the tunnel and 23.6 fib line @5200, but I don't think it will get there.

There is alot of support right there and there was a huge amount of volume bringing price up to this level after the small volume dropped it.

But like I said, what do I know... Don't base your trades off this logic.

C.
thx C, will do some more homework on this and see what i can come up with, will post my charts here once i come to some decision
  • #214,997
  • Apr 8, 2010 11:49pm Apr 8, 2010 11:49pm
Retest 1.5273 again ! Will spike from here ! Don't know up or down ! If down will test DP 1.5246 ! If up and breaks the highest current day (1.5304) may go to R1 1.5351 !
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I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #214,998
  • Apr 8, 2010 11:58pm Apr 8, 2010 11:58pm
Quoting manize
Retest 1.5273 again ! Will spike from here ! Don't know up or down ! If down will test DP 1.5246 ! If up and breaks the highest current day (1.5304) may go to R1 1.5351 !
Its going down... to early to go up. However, i have DP at 1.5230 i might be wrong
  • #214,999
  • Apr 8, 2010 11:59pm Apr 8, 2010 11:59pm
Quoting manize
Retest 1.5273 again ! Will spike from here ! Don't know up or down ! If down will test DP 1.5246 ! If up and breaks the highest current day (1.5304) may go to R1 1.5351 !
Hey brother,

I think we will see the first spike down to 5250 area (the cluster of MA's and the 61.8 fib), and then up for the day to target 5380. Of course we could stay in this range we have been in all week.

C.
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  • #215,000
  • Apr 9, 2010 12:05am Apr 9, 2010 12:05am
Quoting Ctic
Hey brother,

I think we will see the first spike down to 5250 area (the cluster of MA's and the 61.8 fib), and then up for the day to target 5380. Of course we could stay in this range we have been in all week.

C.
Considerable set up !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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