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Cable Update (GBPUSD)

  • #217,841
  • Apr 15, 2010 5:23am Apr 15, 2010 5:23am
Quoting xPrav
am short from 5420 now, suggestions please, something tells me that we will still go more down further
what tells you please explain. just to be sure it isnt gambling.
thanks

ohi
  • #217,842
  • Apr 15, 2010 5:25am Apr 15, 2010 5:25am
I fully expect a bounce from here anyway as I loaded up on it. Was just saying that if it did because I always think long term.

Jim

Quoting pawpaw1000
above 5440 I will agree with you but am looking for a touch of the ltl and news this afternoon for the break
  • #217,843
  • Apr 15, 2010 5:25am Apr 15, 2010 5:25am
Quoting pawpaw1000
Kill, I see what looks like a break of utl on usdx so we could see alot higher highs??

need to break 80.775
USDX has a gap to fill too... is aiming at it...
"The real genius is knowing when to stop." - Marc Faber
  • #217,844
  • Apr 15, 2010 5:26am Apr 15, 2010 5:26am
Quoting ohimae
what tells you please explain. just to be sure it isnt gambling.
thanks

ohi
short 5414... have had 3 waves on elliot with the 4th one target being around here before the final wave down to 5330...

PS: this should work perfectly, 3rd wave was almost 90 pips and am expecting the 5th to be close to that bringing us to a target of 5330 (80pips)
@pawpaw1000 on Twitter
  • #217,845
  • Apr 15, 2010 5:27am Apr 15, 2010 5:27am
First subtain test value is 5427.
Face both Win and Lose bravely
  • #217,846
  • Apr 15, 2010 5:27am Apr 15, 2010 5:27am
double regular divergence in the 1min oscillators at the lows, in that 1hr near term previous swing lo (=prev imbalance of demand/supply=previous support=potential support) zone = hi-probability play against the prevailing trend to 30min

G/L
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1102 1min Rev Aii (imp).jpg Size: 141 KB
Click to Enlarge Name: 1hr pot supp @ 1102.jpg Size: 64 KB
ex member
  • #217,847
  • Apr 15, 2010 5:29am Apr 15, 2010 5:29am
Quoting pawpaw1000
short 5414... have had 3 waves on elliot with the 4th one target being around here before the final wave down to 5330...

PS: this should work perfectly, 3rd wave was almost 90 pips and am expecting the 5th to be close to that bringing us to a target of 5330 (80pips)

the line in the sand now no break no pipe
Attached Image (click to enlarge)
Click to Enlarge Name: h4 cable.gif Size: 32 KB
  • #217,848
  • Apr 15, 2010 5:29am Apr 15, 2010 5:29am
Quoting wormboy
lol yea .. a bit baffled here
I think the Chinese might have something to do with it regarding today's PA. I am sticking to my plan. Got close that is for sure
  • #217,849
  • Apr 15, 2010 5:30am Apr 15, 2010 5:30am
Quoting Nene
Nice job on that BB, I was going to post that the best place for a stop was just below 1.5380 and ya beat me to it.

Nice to knw someone is thinking along the same lines.

Jim
Jim this bitch is tempermental mate.... BUT those levels are sound levels and if broken than we must ride the wave.

Good to know u on the right side mate
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #217,850
  • Apr 15, 2010 5:30am Apr 15, 2010 5:30am
Quoting hhitch
USDX has a gap to fill too... is aiming at it...
If it does fill, we gonna see $$$$$$$!
@pawpaw1000 on Twitter
  • #217,851
  • Apr 15, 2010 5:32am Apr 15, 2010 5:32am
Quoting pawpaw1000
If it does fill, we gonna see $$$$$$$!
"The real genius is knowing when to stop." - Marc Faber
  • #217,852
  • Apr 15, 2010 5:35am Apr 15, 2010 5:35am
Quoting Cowboy11
First subtain test value is 5427.
??? whats that?
@pawpaw1000 on Twitter
  • #217,853
  • Apr 15, 2010 5:35am Apr 15, 2010 5:35am
1.5420 is a good area to try some short again considerind that TL as resistance. but if the this hour candle stays above it and DP, I will stay out till US open.

ohi
Attached Image (click to enlarge)
Click to Enlarge Name: my chart2.gif Size: 20 KB
  • #217,854
  • Apr 15, 2010 5:35am Apr 15, 2010 5:35am
I expect now any pullback will be sold into as people will be jumping on missed opportunity..this willl be hapenning until NY, me guesses, and then who knows what will happen.
  • #217,855
  • Apr 15, 2010 5:35am Apr 15, 2010 5:35am
Watch the DPP at 1.5442, Guys, may pause there for awhile.

Jim
  • #217,856
  • Apr 15, 2010 5:36am Apr 15, 2010 5:36am
Quoting bbakker
I think the Chinese might have something to do with it regarding today's PA. I am sticking to my plan. Got close that is for sure
oh I'm not baffled about the drop

I was baffled with this!:
1. http://www.forexfactory.com/showpost...stcount=217809

lol dunno what that fella was on about. might be kill's hash
Thank You
  • #217,857
  • Apr 15, 2010 5:37am Apr 15, 2010 5:37am
long 5412
  • #217,858
  • Apr 15, 2010 5:37am Apr 15, 2010 5:37am
Quoting lexazver
I expect now any pullback will be sold into as people will be jumping on missed opportunity..this willl be hapenning until NY, me guesses, and then who knows what will happen.
WE GONNA SEE 1.5000 2moro, thats whats gonna happen!

BUT, we have to break lower tl 1st... (DAILY)
@pawpaw1000 on Twitter
  • #217,859
  • Apr 15, 2010 5:38am Apr 15, 2010 5:38am
darn i think the b;;;;;;;;;;;;;h still hooooooooony dont rush take u time we are trading the news now digger what u see
  • #217,860
  • Apr 15, 2010 5:40am Apr 15, 2010 5:40am
Quoting kill56
darn i think the b;;;;;;;;;;;;;h still hooooooooony dont rush take u time we are trading the news now
reckon we gonna need the news before breaking 80, okay, if we break 80? I was thinking one more drop to lower tl and then the news to hammer final nail into coffin...

DIXY, GET GOING!!!
@pawpaw1000 on Twitter
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