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Cable Update (GBPUSD)

  • #231,821
  • Jun 16, 2010 3:21am Jun 16, 2010 3:21am
Quote:
Originally Posted by DubaiFX http://cdn.forexfactory.com/images/buttons/viewpost.gif
i Think its time to Sell GBP not BUY

i hope u will find it interesting will post chart in minutes

Gish you Good Luck FF Guys..

Take care, Just refresh u r memory
(I could be wrong but my goal check u r view again)

http://www.forexfactory.com/showpost...stcount=231376

http://www.forexfactory.com/showpost...stcount=231387
__________________
"You have to focus on the two things you can Control.Yourself and your risk.
Best friend Is the Trend.My Role-model >Rogers

Well i just refreshed my memory ad saw the price did u ???
still 14660 is still my target.. lets see
Don't compare your Trades with Others
  • #231,822
  • Jun 16, 2010 3:27am Jun 16, 2010 3:27am
Let's see if news helps her decide...
******************* I'd rather make money than be right.
  • #231,823
  • Jun 16, 2010 3:29am Jun 16, 2010 3:29am
Needs to hold right here for the longs...
Attached Image (click to enlarge)
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******************* I'd rather make money than be right.
  • #231,824
  • Jun 16, 2010 3:31am Jun 16, 2010 3:31am
She likey da news
******************* I'd rather make money than be right.
  • #231,825
  • Jun 16, 2010 4:09am Jun 16, 2010 4:09am
Quoting DubaiFX
Quote:
Originally Posted by DubaiFX http://cdn.forexfactory.com/images/buttons/viewpost.gif
i Think its time to Sell GBP not BUY

i hope u will find it interesting will post chart in minutes

Gish you Good Luck FF Guys..

Take care, Just refresh u r memory
(I could be wrong but my goal check u r view again)

http://www.forexfactory.com/showpost...stcount=231376...
My target is set with you again

1.4660 but I may close it a little uper than this point
A little beginner trader since 2006
  • #231,826
  • Jun 16, 2010 4:12am Jun 16, 2010 4:12am
I would like to apologise if any of my previous posts misled anybody. I think I may have been assuming that price was going to go north, so I was looking at resistance levels above where price had already gotten to. also I pointed out some support on the JPY charts which might have worked had the crosses themselves held their levels.

I did post some charts earlier showing some bearish divergence and think those charts turned out to be the more appropriate ones. At any rate, price action lately during the London session has been extremely volatile and has caught me with my pants down more than once. I hope everyone else has been doing well.

I do enjoy posting my charts from time to time and I hope there has been something of value there for someone.
"The real genius is knowing when to stop." - Marc Faber
  • #231,827
  • Jun 16, 2010 4:18am Jun 16, 2010 4:18am
Quoting DubaiFX
Quote:
Originally Posted by DubaiFX http://cdn.forexfactory.com/images/buttons/viewpost.gif
i Think its time to Sell GBP not BUY

i hope u will find it interesting will post chart in minutes

Gish you Good Luck FF Guys..

Take care, Just refresh u r memory
(I could be wrong but my goal check u r view again)

http://www.forexfactory.com/showpost...stcount=231376...
Don't remember - this one is Hatrick or 3 out of 4 ? cheers !
  • #231,828
  • Jun 16, 2010 4:20am Jun 16, 2010 4:20am
if you have short, it's better to run now, before your broker give requote. it's going to 1.49xx. (maybe )
I will be the number one Manager.
  • #231,829
  • Jun 16, 2010 4:20am Jun 16, 2010 4:20am
Quoting hhitch
I would like to apologise if any of my previous posts misled anybody. I think I may have been assuming that price was going to go north, so I was looking at resistance levels above where price had already gotten to. also I pointed out some support on the JPY charts which might have worked had the crosses themselves held their levels.

I did post some charts earlier showing some bearish divergence and think those charts turned out to be the more appropriate ones. At any rate, price action lately during the London session has been extremely volatile...
Happens to all Hhitch ! if you see the gaffes some guys have made you will give yourself up marks !
  • #231,830
  • Jun 16, 2010 4:21am Jun 16, 2010 4:21am
thanks Vilas... at least I always try to qualify my analysis with "maybe" and "might"

Quoting vilas
Happens to all Hhitch ! if you see the gaffes some guys have made you will give yourself up marks !
"The real genius is knowing when to stop." - Marc Faber
  • #231,831
  • Jun 16, 2010 4:30am Jun 16, 2010 4:30am
so now I'm wondering if -- even though price is moving up at the moment -- maybe this qualifies as one of those bearish wedges?
Attached Image (click to enlarge)
Click to Enlarge Name: gnpusd-100616.02.gif Size: 34 KB
"The real genius is knowing when to stop." - Marc Faber
  • #231,832
  • Jun 16, 2010 4:42am Jun 16, 2010 4:42am
As per my charts below, I've seen nothing to encourage bearish sentiment for today.
Still holding longs.
I've been wrong before
******************* I'd rather make money than be right.
  • #231,833
  • Jun 16, 2010 4:43am Jun 16, 2010 4:43am
Quoting hhitch
thanks Vilas... at least I always try to qualify my analysis with "maybe" and "might"
Good day to you,Sir

Your call on the divergence was spot on. There is absolutely no problem in any person giving comment, share thoughts or raising ideas. This is a forum of exchange. This is encouraged.

You do conduct yourself in a positive manner - that is a big plus. You seem to have an amicable personality - and that is always appreciated.

Regards
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  • #231,834
  • Jun 16, 2010 4:46am Jun 16, 2010 4:46am
yeah I think you're right, my opinion for what it's worth. Seems to be approaching yesterday's highs all over again.

Quoting 4xStar
As per my charts below, I've seen nothing to encourage bearish sentiment for today.
Still holding longs.
I've been wrong before
"The real genius is knowing when to stop." - Marc Faber
  • #231,835
  • Jun 16, 2010 4:49am Jun 16, 2010 4:49am
Sell 1.4810.. SL 1.4910.. TP 1.4650
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #231,836
  • Jun 16, 2010 4:49am Jun 16, 2010 4:49am
15 min chart .. modified from magix system...
50 crosses above 200 ema with confirming momentum, buy & hold as long as 200 ema is not significantly breached...
Pretty simple.

And of course, since trend on 4h is up .. look only for buying opps, unless you want to scalp for a few pips counter trend.
That's how I understand it.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 42 KB
******************* I'd rather make money than be right.
  • #231,837
  • Edited 5:14am Jun 16, 2010 4:52am | Edited 5:14am
Quoting TauTrader
Good day to you,Sir

Your call on the divergence was spot on. There is absolutely no problem in any person giving comment, share thoughts or raising ideas. This is a forum of exchange. This is encouraged.

You do conduct yourself in a positive manner - that is a big plus. You seem to have an amicable personality - and that is always appreciated.

Regards
anyway hhitch is right about that bearish divergent, just after that GU make hidden bullish divergent. so it's goes up. mostly after that couple divergent than price would really turn around for real. (1 or 2 more swing)

note: if not turn around, at least Big Correction. so becareful to use SL if you have long, it could be so fast up and than down.

(i add this, i mean "you" is not you Tau, i mean the others.,, i don't have competent to give any advise on you )
I will be the number one Manager.
  • #231,838
  • Jun 16, 2010 4:58am Jun 16, 2010 4:58am
There is a nice doji on H4 (GMT+0)
  • #231,839
  • Jun 16, 2010 5:01am Jun 16, 2010 5:01am
Not a real strong close on hourly .. we are still in
"anything could happen" land.
Needs to clear & preferably re-test yesterday's high if we want to see 4870+
******************* I'd rather make money than be right.
  • #231,840
  • Jun 16, 2010 5:12am Jun 16, 2010 5:12am
GBP still sideway... not yet UP n not DOWN... until US open...
coz still test rsstnt...
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