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Cable Update (GBPUSD)

  • #239,981
  • Jul 21, 2010 9:21am Jul 21, 2010 9:21am
Quoting cloggie
Thanks, she'll give us a bounce here.
Would be nice from here once visit back 1.5280 and today close above 1.53 will be more better. Good luck and nice green pips to you
  • #239,982
  • Jul 21, 2010 9:22am Jul 21, 2010 9:22am
Quoting Purple
short gbp/usd from 152.08
some spot you pick!
Thank You
  • #239,983
  • Jul 21, 2010 9:23am Jul 21, 2010 9:23am
I see Cable is preparing for a move higher wormie .Good luck
  • #239,984
  • Jul 21, 2010 9:23am Jul 21, 2010 9:23am
Quoting forexlion
http://img822.imageshack.us/img822/385/55839373.gif
I had trouble figuring out when the trend changes direction and the strength of the trend, so i sat back and designed something new for myself
  • #239,985
  • Jul 21, 2010 9:23am Jul 21, 2010 9:23am
Quoting Purple
short gbp/usd from 152.08

Ouch, selling support.
  • #239,986
  • Jul 21, 2010 9:24am Jul 21, 2010 9:24am
Quoting wormboy
what you talkin bout homes? I'm soft all over. I ain't the one doing yoga!

hope bb don't read this! bahahahha

Hear the music before the song is over ...
  • #239,987
  • Jul 21, 2010 9:26am Jul 21, 2010 9:26am
Quoting special0nefx
Would be nice from here once visit back 1.5280 and today close above 1.53 will be more better. Good luck and nice green pips to you

Got 5243 first.
  • #239,988
  • Jul 21, 2010 9:28am Jul 21, 2010 9:28am
Now if it should range between L4 and L3 or the 1h 200ema
(1.5231) for a few hours it would draw the EMA's on the 1h
into a tighter compression pattern and build further energy
for a stronger directional release. The 30m and 15m have
already rolled over and can oscillate in the meantime.

Dr. D.
  • #239,989
  • Jul 21, 2010 9:28am Jul 21, 2010 9:28am
Quoting cloggie
Got 5243 first.
Will looking forward, thanks for the number.
  • #239,990
  • Jul 21, 2010 9:30am Jul 21, 2010 9:30am
Quoting honeybhi
I see Cable is preparing for a move higher wormie .Good luck
I see it lower! lol
doesn't matter tho, I've cleared half & covered the remaining @bep +3. I'm just gonna kick back & relax. No more new trades for today.

Good luck!
Thank You
  • #239,991
  • Jul 21, 2010 9:34am Jul 21, 2010 9:34am
I think it would continue to trade in the downward sloping 5 minute channel its been locked in since eu open.. and end up like a shooting star pattern on daily today.
  • #239,992
  • Jul 21, 2010 9:37am Jul 21, 2010 9:37am
Quoting Purple
I think it would continue to trade in the downward sloping 5 minute channel its been locked in since eu open.. and end up like a shooting star pattern on daily today.

That's one way of looking at it, but if you are going to use a channel as entry what of the upward channel on M15, M30, H1 and H4?
  • #239,993
  • Edited 9:44am Jul 21, 2010 9:43am | Edited 9:44am
need confirmation at new 4 h candle to enter short....if not still hve to wait.
Gold Expedition Return This Year: -16.4%
  • #239,994
  • Jul 21, 2010 9:43am Jul 21, 2010 9:43am
I think it could be a good time to buy cable at 1.5200, anyone agree?
  • #239,995
  • Jul 21, 2010 9:44am Jul 21, 2010 9:44am
Quoting wormboy
I see it lower! lol
doesn't matter tho, I've cleared half & covered the remaining @bep +3. I'm just gonna kick back & relax. No more new trades for today.

Good luck!
lets enjoy the ride
  • #239,996
  • Jul 21, 2010 9:44am Jul 21, 2010 9:44am
Quoting cloggie
Got 5243 first.

How the heck did you know it was going to stop on 1.5199?
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,997
  • Jul 21, 2010 9:46am Jul 21, 2010 9:46am
Quoting cloggie
That's one way of looking at it, but if you are going to use a channel as entry what of the upward channel on M15, M30, H1 and H4?
ya i have seen the strong bull channel on 4 hours and hourly, but i think their is still enough space left for cable to move downwards, without causing any technical damage to the existing bull channel on 4h and 1h.
  • #239,998
  • Jul 21, 2010 9:46am Jul 21, 2010 9:46am
Quoting damonl
How the heck did you know it was going to stop on 1.5199?

Wasn't a very good call though, was out by 3 pips.
  • #239,999
  • Jul 21, 2010 9:48am Jul 21, 2010 9:48am
Quoting budak baru
need confirmation at new 4 h candle to enter short....if not still hve to wait.
my 4th hour candle finished 47 mins ago, whats the time on your mt4 platform?
  • #240,000
  • Jul 21, 2010 9:50am Jul 21, 2010 9:50am
[quote=Purple;3889744]my 4th hour candle finished 47 mins ago, whats the time on your mt4 platform?[/QUOTErr

remaining 1h to new 4h candle
Gold Expedition Return This Year: -16.4%
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