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Cable Update (GBPUSD)

  • #255,341
  • Sep 23, 2010 5:31am Sep 23, 2010 5:31am
Hey Dil do you think we are gonna be up or down by the end of the day?
  • #255,342
  • Sep 23, 2010 5:32am Sep 23, 2010 5:32am
Quoting chazzle
Hey Dil do you think we are gonna be up or down by the end of the day?
Think Homesales will have an impact!
  • #255,343
  • Sep 23, 2010 5:34am Sep 23, 2010 5:34am
Above recent 5729 4hr/daily swing Hi...the 76.4% fibs of the 5997 and 5907 swings down to 5296, 61.8% of the longer main 5997-5296 being at that 5728 Hi....

4hr screenshot is below....Not shown is a descending trend line on the daily t/f that today is around 5880-90.

G/L

http://www.easy-upload.net/fichiers/z.201092312328.gif
ex member
  • #255,344
  • Sep 23, 2010 5:34am Sep 23, 2010 5:34am
agree

but not direct my imo.

last week high should be broken first then 5819 before 1.6


Quoting 50d
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
not euphoria follower
  • #255,345
  • Sep 23, 2010 5:39am Sep 23, 2010 5:39am
Quoting iqyu5an
agree

but not direct my imo.

last week high should be broken first then 5819 before 1.6
5909?
  • #255,346
  • Sep 23, 2010 5:44am Sep 23, 2010 5:44am
I'm going out(of my house not the market)-limits on my shorts 15665
  • #255,347
  • Sep 23, 2010 5:44am Sep 23, 2010 5:44am

Quoting Delite
5909?
not euphoria follower
  • #255,348
  • Sep 23, 2010 5:47am Sep 23, 2010 5:47am
hi all

hope all in green

the cross did help cable to rise from death 15720 is the line in the sand no break no shack any reversal on eu gu will take us back to the death zone ,dixy is trying hard ,selling the rallies for now , a break above the line will void the short i might be wrong good luck
Attached Image (click to enlarge)
Click to Enlarge Name: 4h cable.gif Size: 26 KB
  • #255,349
  • Sep 23, 2010 5:49am Sep 23, 2010 5:49am
Quoting chazzle
Hey Dil do you think we are gonna be up or down by the end of the day?
maybe 1.5720 then down , but i dont care for now i have done 27pips aleardy from g/u and g/j
  • #255,350
  • Sep 23, 2010 5:50am Sep 23, 2010 5:50am
the last 4hr candle ended as a "bullish force"...(never mind the jargon). simply put... the bullish momentum is still in play. currently price is being capped by last months open 5700ish.
A break above last weeks high and last months open will open the door for GU to ask questions higher and probe higher SR levels.
time will tell.

--still nursing a trade on one of my account which i took somewhere close to this months open price of 15350ish.

we wait and see.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.JPG Size: 25 KB
  • #255,351
  • Sep 23, 2010 5:54am Sep 23, 2010 5:54am
Is that sl or JUST BUY STOP showing in ur chart at barrier line yellow

Please share hope you dont mind



Quoting kill56
hi all

hope all in green

the cross did help cable to rise from death 15720 is the line in the sand no break no shack any reversal on eu gu will take us back to the death zone ,dixy is trying hard ,selling the rallies for now , a break above the line will void the short i might be wrong good luck
We cannot direct the winds but we can adjust our sail.
  • #255,352
  • Sep 23, 2010 5:56am Sep 23, 2010 5:56am
Quoting dil
maybe 1.5720 then down , but i dont care for now i have done 27pips aleardy from g/u and g/j
it is possible but if she wants to hit and drop so she can do that this hour but its consolidating here it means something is cooking and this time she can break rapidly to the upside let see

good luck

Ub
  • #255,353
  • Sep 23, 2010 5:57am Sep 23, 2010 5:57am
bullish flag it look like to me
Attached Image (click to enlarge)
Click to Enlarge Name: chart4.jpg Size: 92 KB
  • #255,354
  • Sep 23, 2010 5:58am Sep 23, 2010 5:58am
Quoting posterboy
Is that sl or JUST BUY STOP showing in ur chart at barrier line yellow

Please share hope you dont mind
hi

its a pending order to buy from there i might be wrong though lets wait and see
  • #255,355
  • Sep 23, 2010 5:59am Sep 23, 2010 5:59am
Quoting nAVIN2007
bullish flag it look like to me

in u dreams bro whats up

es (S&P) is under 1130 its scary for long for now
  • #255,356
  • Sep 23, 2010 6:00am Sep 23, 2010 6:00am
thanks ..

Iam hitman in making

hehehe
Quoting kill56
hi

its a pending order to buy from there i might be wrong though lets wait and see
We cannot direct the winds but we can adjust our sail.
  • #255,357
  • Sep 23, 2010 6:01am Sep 23, 2010 6:01am
Quoting nAVIN2007
bullish flag it look like to me
How d you see a bullish flag on that chart?
  • #255,358
  • Sep 23, 2010 6:02am Sep 23, 2010 6:02am
  •  samirb
  • | Joined Nov 2009 | Status: Investing is simple, but not easy. | 247 Posts
Quoting nAVIN2007
bullish flag it look like to me

Good day Nav,
how you doing

i am expecting one more shakeout before we fly..
Good luck bro

Regards
  • #255,359
  • Sep 23, 2010 6:03am Sep 23, 2010 6:03am
may require a combined effort of LND and NY session to break the 5720 barrier. the next 4hr close in 2hrs will determine if this level will hold or not.
  • #255,360
  • Sep 23, 2010 6:10am Sep 23, 2010 6:10am
Quoting posterboy
thanks ..

Iam hitman in making

hehehe

the best thing is hit and run cash in the green the market is here its not going any where best of luck
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