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Cable Update (GBPUSD)

  • #260,941
  • Oct 18, 2010 7:22pm Oct 18, 2010 7:22pm
Quoting fourxtrader
At some point every bubble must burst.

Dr. D.
1H C-Chart formation.

Dr. D.
Attached Image
  • #260,942
  • Oct 18, 2010 7:28pm Oct 18, 2010 7:28pm
hey...I'm seeing a pattern here
Attached Images
  • #260,943
  • Edited 7:42pm Oct 18, 2010 7:32pm | Edited 7:42pm
well...couldn't resist getting in 20 pips early...still got the pending orders, short from 15938
  • #260,944
  • Oct 18, 2010 7:38pm Oct 18, 2010 7:38pm
Quoting chazzle
well...couldn't resist getting in 20 pips early...still got the pending orders short from 15938
took 11 lol pendings still there 15955,etc

so lets long @ 15920 till then
  • #260,945
  • Edited 8:04pm Oct 18, 2010 7:53pm | Edited 8:04pm
am still enjoying my new long position since yesterday.....
never in a rush to take a position...never in a rush to close the position.
just calm and patient .......just plan the trade and trade the plan http://www.forexfactory.com/showpost...&postcount=746

and... evaluate
http://www.forexfactory.com/showpost...&postcount=817

that's management....

wish u all greeny....

happy trading all

rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=814


Quoting chazzle
A hard 220 pips available long in the last 24hrs....but the easy option was short...we may hit 15800 before the upswing,considering the aggression of the recent bearish PA
not euphoria follower
  • #260,946
  • Oct 18, 2010 8:03pm Oct 18, 2010 8:03pm
Quoting iqyu5an
am still enjoying my new long position since yesterday.....
never in a rush to take a position...never in a rush to close the position.
just calm and patient .......just plan the trade and trade the plan http://www.forexfactory.com/showpost...&postcount=746

wish u all greeny....

happy trading all

rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=814
cool-I would aim for 15950
  • #260,947
  • Oct 18, 2010 8:14pm Oct 18, 2010 8:14pm
Quoting iqyu5an
am still enjoying my new long position since yesterday.....
never in a rush to take a position...never in a rush to close the position.
just calm and patient .......just plan the trade and trade the plan http://www.forexfactory.com/showpost...&postcount=746

and... evaluate
http://www.forexfactory.com/showpost...&postcount=817

that's management....

wish u all greeny....

happy trading all

rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=814
I think we will visit the 1.5734 area then up for a new high
  • #260,948
  • Oct 18, 2010 8:24pm Oct 18, 2010 8:24pm
everything is possible in fx brother

ohhh wallstreet : pip never sleeps......

rgds,iqyu

Quoting Allseeingeye
I think we will visit the 1.5734 area then up for a new high
not euphoria follower
  • #260,949
  • Oct 18, 2010 8:29pm Oct 18, 2010 8:29pm
burnt fingers,etc
  • #260,950
  • Oct 18, 2010 8:37pm Oct 18, 2010 8:37pm
London will move this thing up to 1.6 area. let wait and see. now asia should be selling aggressively IMO. that spike up is just a stunt
  • #260,951
  • Edited 8:58pm Oct 18, 2010 8:37pm | Edited 8:58pm
Quoting iqyu5an
everything is possible in fx brother

ohhh wallstreet : pip never sleeps......

rgds,iqyu
look at USDX ANY TIME FRAME HUGE BULLISH DIVERGANCE just giving you a heads up. We are in wave 3 of 3 on the retracement, this thing hasnt retraced in 1000 pips it needs to unwind so it can BLASTOFF!
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  • #260,952
  • Oct 18, 2010 8:44pm Oct 18, 2010 8:44pm
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 48 KB
  • #260,953
  • Oct 18, 2010 9:51pm Oct 18, 2010 9:51pm
see u somewhere.... up or down where bro .....

rgds,iqyu
http://www.forexfactory.com/showpost...stcount=260946

Quoting Allseeingeye
look at USDX ANY TIME FRAME HUGE BULLISH DIVERGANCE just giving you a heads up. We are in wave 3 of 3 on the retracement, this thing hasnt retraced in 1000 pips it needs to unwind so it can BLASTOFF!
not euphoria follower
  • #260,954
  • Oct 19, 2010 12:53am Oct 19, 2010 12:53am
I am going long at 1.5847 & hope it wont go south further..
  • #260,955
  • Oct 19, 2010 12:56am Oct 19, 2010 12:56am
Quoting Allseeingeye
look at USDX ANY TIME FRAME HUGE BULLISH DIVERGANCE just giving you a heads up. We are in wave 3 of 3 on the retracement, this thing hasnt retraced in 1000 pips it needs to unwind so it can BLASTOFF!
Hi bro, i be glad Usd getting stronger this week. Cheerful
  • #260,956
  • Oct 19, 2010 1:07am Oct 19, 2010 1:07am
my view
Attached Image (click to enlarge)
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Verily, in every difficulties there is relief
  • #260,957
  • Oct 19, 2010 1:11am Oct 19, 2010 1:11am
nsrajesh what was your rationale for a long?
  • #260,958
  • Oct 19, 2010 1:47am Oct 19, 2010 1:47am
Good morning folks

Looks like were going to have another fine pipping day today.

Up down sideways who cares as long as Cable moves........ and we all get some positive pips
  • #260,959
  • Oct 19, 2010 1:54am Oct 19, 2010 1:54am
Yesterday's low @ 5837 still holds, the pullback to the 38.2% 6107 to said 5837 with 61.8% 6003-5837 confluence twice finding supply there on the 1hr, the subsequent attempt see-ing sufficient supply to see a downside break of the 1hr ascending trend line. Price has recently found fresh demand in the previous 1hr/4hr swing lo zone established around yesterday's Lo and the ascending 4hr trend line.

Below yesterday's 5837 Lo, the unbreeched fibs of the major swings up from and including 4229 to the current 6107 longer trem uptrend Hi established last Friday as well as the 2nd ascending 4hr trend line. Below that and 5771-47 is the next previous 1hr/4hr/daily swing lo zone below current price with 76.4% 5668-6107 @ 5771. Below here a 3 fib cluster @ 5734-27.... being 38.2% 5117-6107, 61.8% 5503-6107 and 50% 5347-6107.

The screenshot below is the current 1hr chart in respect of main potenetial supp/res/sbr factors

G/L

http://www.easy-upload.net/fichiers/z.2010101985054.gif
ex member
  • #260,960
  • Oct 19, 2010 2:01am Oct 19, 2010 2:01am
seeingeye: still selling?
Thank You
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