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Cable Update (GBPUSD)

  • #255,321
  • Sep 23, 2010 4:47am Sep 23, 2010 4:47am
Quoting trending
Slight difference. Yesterday's a channel. Today's a trumpet.
Good chart!
Nice post!
  • #255,322
  • Sep 23, 2010 4:49am Sep 23, 2010 4:49am
http://www.pivotfarm.com/blog/2010/0...sis-2/#respond

Good article...
ex member
  • #255,323
  • Sep 23, 2010 4:49am Sep 23, 2010 4:49am
What are your positions?
I have been trading the range all day. And will keep doing it with thight SL till I see a breakout.
  • #255,324
  • Sep 23, 2010 4:51am Sep 23, 2010 4:51am
Quoting bbmac
http://www.pivotfarm.com/blog/2010/0...sis-2/#respond

Good article...
Page not Found...
  • #255,325
  • Sep 23, 2010 4:53am Sep 23, 2010 4:53am
price fell of support and broke the high of the previous 4hr..next 4 hr break this 4hr u have a good long probability imho

one picture 1 goal
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  • #255,326
  • Sep 23, 2010 4:56am Sep 23, 2010 4:56am
I'm still favouring limited upside because of BoE dovish stance-but then I would say that,I'm short
  • #255,327
  • Sep 23, 2010 5:00am Sep 23, 2010 5:00am
Look how many previous immediate candle bodies the 1hr engulfing just closed, engulfs on same t/f...that is a 'master bullish engulfing' candle and this may be significant re further upside ? I don't trade 1hr triggers but If I did i would put stop below bottom or for a better r:r although riskier-below the 50% of it....G/L

Apparently CitiFx techs have entered a long eurusd at 3332 with stop @ 3160 (newsfeed banter)

G/L
ex member
  • #255,328
  • Sep 23, 2010 5:00am Sep 23, 2010 5:00am
if we break this area we should see 1.60
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  • #255,329
  • Sep 23, 2010 5:01am Sep 23, 2010 5:01am
Quoting Sunsi
Page not Found...

if you scroll down page of this link...it is 3rd article down: http://www.pivotfarm.com/blog/ re retail traders
ex member
  • #255,330
  • Sep 23, 2010 5:04am Sep 23, 2010 5:04am
Thanks
I think if itis much up to EU to see where we will go.
IF EU breaks trough 1.332. Cable should Go down with it.
  • #255,331
  • Sep 23, 2010 5:08am Sep 23, 2010 5:08am
Quoting Sunsi
Thanks
I think if itis much up to EU to see where we will go.
IF EU breaks trough 1.332. Cable should Go down with it.
its not necessary GU is looking stronger then EU today check EG you will get your answer

Ub
  • #255,332
  • Sep 23, 2010 5:08am Sep 23, 2010 5:08am
By the way, that last 1hr candle to close engulfed the last 33 bodies of the 1hr candles before it....

G/L
ex member
  • #255,333
  • Sep 23, 2010 5:11am Sep 23, 2010 5:11am
Quoting bbmac
By the way, that last 1hr candle to close engulfed the last 33 bodies of the 1hr candles before it....

G/L
Good point!
  • #255,334
  • Sep 23, 2010 5:14am Sep 23, 2010 5:14am
long at 82, half stakes
  • #255,335
  • Sep 23, 2010 5:14am Sep 23, 2010 5:14am
Quoting ubaidahsan
its not necessary GU is looking stronger then EU today check EG you will get your answer

Ub
Looks like you are right!
Thought EG would find more support @ 0.8500
  • #255,336
  • Sep 23, 2010 5:17am Sep 23, 2010 5:17am
Navin...great post and good trades as well.
People should learn to take trades and watch them develop. Learning to do just that from good traders like you.

keep it up. A break above 15720 should signal an attempt to 16000.
we shall see... time will tell
  • #255,337
  • Sep 23, 2010 5:21am Sep 23, 2010 5:21am
Any thouhts on how "Homesells" will affect?
  • #255,338
  • Sep 23, 2010 5:22am Sep 23, 2010 5:22am
small pullback finding new demand at broken descending 1hr trend line sees price rise to the previous 1hr swing hi zone...potential supply ahead...Daily R1 around the current Hi too...and above the previous 1hr/4hr swing hi zone....How strong are the bulls now ??

G/L

http://www.easy-upload.net/fichiers/z.201092312222.gif
ex member
  • #255,339
  • Sep 23, 2010 5:23am Sep 23, 2010 5:23am
Quoting bbmac
small pullback finding new demand at broken descending 1hr trend line sees price rise to the previous 1hr swing hi zone...potential supply ahead...Daily R1 around the current Hi too...and above the previous 1hr/4hr swing hi zone....How strong are the bulls now ??

G/L

http://www.easy-upload.net/fichiers/z.201092312222.gif


hi soccer live reporter
  • #255,340
  • Sep 23, 2010 5:26am Sep 23, 2010 5:26am
we have broked upside let see how it plays already long from 5530-5550 and 5580 will add more if we clear 5730 level good luck

Ub
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