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Cable Update (GBPUSD)

  • #216,101
  • Apr 12, 2010 7:02am Apr 12, 2010 7:02am
Quoting kill56
bro look at this
Bro, do you have the the MT4 indicator that shows this up, or do you put those lines in manually? I really like that chart of yours!
  • #216,102
  • Apr 12, 2010 7:05am Apr 12, 2010 7:05am
5min chart - cable broken resistance?
  • #216,103
  • Apr 12, 2010 7:07am Apr 12, 2010 7:07am
Quoting bbakker
Bro, do you have the the MT4 indicator that shows this up, or do you put those lines in manually? I really like that chart of yours!

here u go bro
Attached File(s)
File Type: ex4 forexsignalszulutrade.ex4   9 KB | 247 downloads
  • #216,104
  • Apr 12, 2010 7:07am Apr 12, 2010 7:07am
Quoting free4440273
5min chart - cable broken resistance?
you meant support ?
COT: The precious data ignored
  • #216,105
  • Apr 12, 2010 7:08am Apr 12, 2010 7:08am
Quoting kill56
bro look at this
look at this upmove without real pullback!

And look where the fibos are if you take the whole move! valid?

Cable should follow no?
Attached Image (click to enlarge)
Click to Enlarge Name: eur.png Size: 62 KB
@pawpaw1000 on Twitter
  • #216,106
  • Apr 12, 2010 7:09am Apr 12, 2010 7:09am
ive moved my remaining lot from 462 to capture 20 pips gonna leave and see what can happen. i know we in an uptrend etc but hey the previous 4 4hr candles are extreemly bearish and could indicate a top. With a head and shoulders reversal. i am hoping she tumbles.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_11 Apr. 12 13.07.gif Size: 68 KB
  • #216,107
  • Apr 12, 2010 7:10am Apr 12, 2010 7:10am
long @1.5398 quit at 1,5417
  • #216,108
  • Apr 12, 2010 7:11am Apr 12, 2010 7:11am
Quoting kuroro001
you meant support ?
look at 5 min chart.
  • #216,109
  • Apr 12, 2010 7:11am Apr 12, 2010 7:11am
Quoting Temps
Definateley the 5380 level will be crucial, gap filled and also the broken resistance may very well become support.... I will be looking to long 5380 when we get there.

long 5388 1st tp 5450
  • #216,110
  • Apr 12, 2010 7:12am Apr 12, 2010 7:12am
Quoting pawpaw1000
look at this upmove without real pullback!

And look where the fibos are if you take the whole move! valid?

Cable should follow no?
Personally I'd tread carefully with that one as the rise is off back of IMF news so may be skewed a little
  • #216,111
  • Apr 12, 2010 7:14am Apr 12, 2010 7:14am
Quoting pawpaw1000
look at this upmove without real pullback!

And look where the fibos are if you take the whole move! valid?

Cable should follow no?
yes bro but i might be wrong
Attached Image (click to enlarge)
Click to Enlarge Name: h1 cable.gif Size: 24 KB
  • #216,112
  • Apr 12, 2010 7:17am Apr 12, 2010 7:17am
European bourses all pretty flat.
  • #216,113
  • Apr 12, 2010 7:18am Apr 12, 2010 7:18am
Quoting kill56
here u go bro
Argghhhh! Computer malfunction... computer says no!

Back up and running now!

Nice one bro. You are a godsend!
  • #216,114
  • Apr 12, 2010 7:21am Apr 12, 2010 7:21am
short from 1.5445 with tp 1.5380 reached....i'm off...waiting for another short higher

EDIT : short again around 1.5410 if it goes there with the appropriate PA
COT: The precious data ignored
  • #216,115
  • Apr 12, 2010 7:21am Apr 12, 2010 7:21am
Quoting cableboy
ive moved my remaining lot from 462 to capture 20 pips gonna leave and see what can happen. i know we in an uptrend etc but hey the previous 4 4hr candles are extreemly bearish and could indicate a top. With a head and shoulders reversal. i am hoping she tumbles.
man this an H&S
Attached Image
  • #216,116
  • Apr 12, 2010 7:25am Apr 12, 2010 7:25am
if it does stop here it means this downward leg is almost symetrical to the pip to the last downward leg. i would be looking to go long to the indicated line.

however the wiser man would wait for 50% retrace first

more experienced traders let me know do i have a valid point here? or am i just looking
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_12 Apr. 12 13.22.gif Size: 63 KB
  • #216,117
  • Apr 12, 2010 7:26am Apr 12, 2010 7:26am
Quoting kill56
man this an H&S
going short if it breaks 80...
@pawpaw1000 on Twitter
  • #216,118
  • Apr 12, 2010 7:28am Apr 12, 2010 7:28am
Dax falling!!
  • #216,119
  • Apr 12, 2010 7:28am Apr 12, 2010 7:28am
Stalled at the gap close, but the daily PP puts it around the average daily range.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 20090412b.gif Size: 24 KB
The market is always right.
  • #216,120
  • Apr 12, 2010 7:29am Apr 12, 2010 7:29am
Quoting cableboy
if it does stop here it means this downward leg is almost symetrical to the pip to the last downward leg. i would be looking to go long to the indicated line.

however the wiser man would wait for 50% retrace first

more experienced traders let me know do i have a valid point here? or am i just looking
All valid points!
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