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Cable Update (GBPUSD)

  • #233,821
  • Jun 25, 2010 7:39am Jun 25, 2010 7:39am
Quoting Bull_Bear
Bro 1.5060 is my destination.

Am well buddy....

Not a happy camper that the Aussies did not qualify in the World cup.
hmmm ... sure looks like we're heading higher than your target methinks. Not saying today tho, prolly next week or so .. back to the magical 5300

sorry bout aussie bro, but good show nonetheless! beats never qualifying for the WC like my country even once any day!
Thank You
  • #233,822
  • Jun 25, 2010 7:41am Jun 25, 2010 7:41am
Quoting vilas
GET WELL SOON !
thanks mate
Thank You
  • #233,823
  • Jun 25, 2010 7:45am Jun 25, 2010 7:45am
Salaam, Get Well Soon wormy bro
  • #233,824
  • Jun 25, 2010 7:45am Jun 25, 2010 7:45am
update
http://www.forexfactory.com/showthre...=1#post3830094
  • #233,825
  • Edited 8:01am Jun 25, 2010 7:48am | Edited 8:01am
Quoting wormboy
hmmm ... sure looks like we're heading higher than your target methinks. Not saying today tho, prolly next week or so .. back to the magical 5300

sorry bout aussie bro, but good show nonetheless! beats never qualifying for the WC like my country even once any day!

Poxboy ......1.5300, that number always seems to huant you.

Exactly my sentiments, daily TL hit around 1.5300.... for today be happy with 1.5060
Attached Image (click to enlarge)
Click to Enlarge Name: cable.JPG Size: 128 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #233,826
  • Jun 25, 2010 7:52am Jun 25, 2010 7:52am
Sell 1.4950 SL 1.4980 (30 pips risk) TP 1.4850
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #233,827
  • Jun 25, 2010 7:59am Jun 25, 2010 7:59am
it looks like the DP is holding its crazy friday any thing could happen
Attached Image (click to enlarge)
Click to Enlarge Name: 1h cable.gif Size: 17 KB
  • #233,828
  • Jun 25, 2010 8:13am Jun 25, 2010 8:13am
Quoting Yngwie
Sell 1.4950 SL 1.4980 (30 pips risk) TP 1.4850

why?
  • #233,829
  • Jun 25, 2010 8:33am Jun 25, 2010 8:33am
http://www.forexfactory.com/showthre...16#post3830216
  • #233,830
  • Jun 25, 2010 8:33am Jun 25, 2010 8:33am
Im not sure if cable is flowing the patterns but I can see a beautiful bull flag on H1 and if ti brakes 1.4960 price projection tp around 1.5260-1.5320.
  • #233,831
  • Jun 25, 2010 8:50am Jun 25, 2010 8:50am
Quoting baruch
why?

Because all genius in this thread will buying now and moron like me just selling..
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #233,832
  • Jun 25, 2010 9:01am Jun 25, 2010 9:01am
well... im selling too, the candle opened below pivot price, and cant break 61 of downtrend fibo...lets wait and see...
  • #233,833
  • Jun 25, 2010 9:03am Jun 25, 2010 9:03am
game time enjoy crazy friday
  • #233,834
  • Jun 25, 2010 9:04am Jun 25, 2010 9:04am
Quoting Yngwie
Because all genius in this thread will buying now and moron like me just selling..
Your setup makes sense to me
******************* I'd rather make money than be right.
  • #233,835
  • Jun 25, 2010 9:11am Jun 25, 2010 9:11am
You guys cannot be serious... Short

All i see is bla, bla, bla.....

A bit more charting aptitude rather than bla, bla, bla
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #233,836
  • Jun 25, 2010 9:12am Jun 25, 2010 9:12am
Quoting 4xStar
Your setup makes sense to me

Oh I don't know, I wouldn't sell this until we see 4976
  • #233,837
  • Jun 25, 2010 9:14am Jun 25, 2010 9:14am
Walking into the end of a goofy trade week....

The bears kicking in when they see fit, allowing the bulls to take a little before getting hammered down. The tug o war continues.

30m support on the 200EMA and a hold at the daily pivot.

With the MACD showing signs of improvement, a break above this line could show support for a continued long trend...

A break below support could send us crushing back down...

London closes in 2 hrs...a weak bullish end? or a weak bearish end?

**shrugs shoulders**
Attached Image (click to enlarge)
Click to Enlarge Name: bullish.jpg Size: 158 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #233,838
  • Jun 25, 2010 9:17am Jun 25, 2010 9:17am
Quoting Bull_Bear
You guys cannot be serious... Short

All i see is bla, bla, bla.....

A bit more charting aptitude rather than bla, bla, bla
Agreed...throwing down a chart takes only a few seconds to explain your reasoning...

Who knows, somebody might actually learn something new..
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #233,839
  • Jun 25, 2010 9:20am Jun 25, 2010 9:20am
Quoting cloggie
Oh I don't know, I wouldn't sell this until we see 4976
That would be a much higher probability setup, I'm mostly 'gambling' on the DP holding as resistence. On Fridays I only trade tiny lots cause ya just never know.... and as Magix said this whole week has been goofy.
******************* I'd rather make money than be right.
  • #233,840
  • Jun 25, 2010 9:24am Jun 25, 2010 9:24am
Quoting Magix
Agreed...throwing down a chart takes only a few seconds to explain your reasoning...

Who knows, somebody might actually learn something new..
OK, here is mine .. can't go long here, missed that earlier. Last attempt above the DP was very week MACD .. this is a low probability trade IMO but the SL can be kept tight so ... maybe worth a shot.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 38 KB
******************* I'd rather make money than be right.
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