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Cable Update (GBPUSD)

  • #263,641
  • Nov 8, 2010 4:50am Nov 8, 2010 4:50am
Quoting Dayboy001
Planned long @ break of WP (1.6160 ish)
TP 1.6290
SL 1.6095 (5 ish below todays low)
went Long @ 1.6115 other figures still apply
  • #263,642
  • Nov 8, 2010 4:54am Nov 8, 2010 4:54am
GBP/USD daily – Below 1.6329/79, a stronger setback to at least 1.5649 is looming

 

  1. The key-T-junction at 1.6318/40/79 (weekly trends/int. 76.4 %) is expected to cap the upside at least temporarily and could easily trigger a stronger setback to 1.5649 (last low).
  2. For the latter to receive stronger evidence though it would take a break below 1.6052 (int. 38.2 %) whereas only an hourly close above 1.6450 would eliminate this setback risk.

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  • #263,643
  • Nov 8, 2010 5:00am Nov 8, 2010 5:00am
As of Friday the .786 level had been hit, and todays candle exceeded the low of Fridays candle, we are at a 7 month cycle point. The channel I constructed is an idealised channel simply copied of the previous fall. If this market falls I would expect the same sort of behaviour as before.


Mike Haran
Attached Image (click to enlarge)
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  • #263,644
  • Nov 8, 2010 5:01am Nov 8, 2010 5:01am
Daily TF

rgds,iqyu
Attached Image (click to enlarge)
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not euphoria follower
  • #263,645
  • Nov 8, 2010 5:12am Nov 8, 2010 5:12am
GU Vs USDX

Time will Tell

Rgds,iqyu
Prev Post : http://www.forexfactory.com/showpost...&postcount=879
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not euphoria follower
  • #263,646
  • Nov 8, 2010 5:18am Nov 8, 2010 5:18am
Quoting iqyu5an
GU Vs USDX

Time will Tell

Rgds,iqyu
Prev Post : http://www.forexfactory.com/showpost...&postcount=879
Where did you get the USDX?
Do what you want, but do it in love
  • #263,647
  • Nov 8, 2010 5:20am Nov 8, 2010 5:20am
Quoting Dayboy001
went Long @ 1.6115 other figures still apply
Hi,
what is the reasoning behind ur trade? i am also long but am considering closing it. It looks like decending triagnle or bearish flag. What do u think?
  • #263,648
  • Nov 8, 2010 5:22am Nov 8, 2010 5:22am
windsor broker ( mt4 )

rgds,iqyu

Quoting oli
Where did you get the USDX?
not euphoria follower
  • #263,649
  • Nov 8, 2010 5:23am Nov 8, 2010 5:23am
Quoting Dayboy001
went Long @ 1.6115 other figures still apply
How long is that going to take you? Only interested.
  • #263,650
  • Nov 8, 2010 5:26am Nov 8, 2010 5:26am
Quoting Mike Haran
Hello to you all,


I don't want to get involved in a discussion on planets or their roles in the market, I am purely interested in cycles and how to use them. If the GBPUSD drops everytime the moon passes the equator then great I will use it, if not then there are plenty of other tools to use.

.
when??? i'm not present when my teacher tell about this..., somebody help me !!!
I will be the number one Manager.
  • #263,651
  • Nov 8, 2010 5:28am Nov 8, 2010 5:28am
Quoting iqyu5an
windsor broker ( mt4 )

rgds,iqyu
Thank you , iqyu, is it in demo too? Cant find it there
Do what you want, but do it in love
  • #263,652
  • Nov 8, 2010 5:30am Nov 8, 2010 5:30am
yes... download the mt4 from windsor .create demo account and just choose currency pair, index, future that u wanna look.

that's free

rgds,iqyu

Quoting oli
Thank you , iqyu, is it in demo too? Cant find it there
not euphoria follower
  • #263,653
  • Nov 8, 2010 5:42am Nov 8, 2010 5:42am
Quoting iqyu5an
yes... download the mt4 from windsor .create demo account and just choose currency pair, index, future that u wanna look.

that's free

rgds,iqyu
THank you, but in my windsor demo are no index and no futures
Do what you want, but do it in love
  • #263,654
  • Nov 8, 2010 5:46am Nov 8, 2010 5:46am
in your market watch panel >> show all >> find usdix

hope u can get it

Rgds,iqyu

Quoting oli
THank you, but in my windsor demo are no index and no futures
not euphoria follower
  • #263,655
  • Nov 8, 2010 6:29am Nov 8, 2010 6:29am
Whos going to crack first....
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  • #263,656
  • Nov 8, 2010 6:29am Nov 8, 2010 6:29am
Quoting iqyu5an
in your market watch panel >> show all >> find usdix

hope u can get it

Rgds,iqyu
There are only 12 currency-pairs and gold
Do what you want, but do it in love
  • #263,657
  • Nov 8, 2010 7:14am Nov 8, 2010 7:14am
thanks for the tip..
rgds

Quoting iqyu5an
windsor broker ( mt4 )

rgds,iqyu
  • #263,658
  • Nov 8, 2010 8:08am Nov 8, 2010 8:08am
Quoting Fudomyo
USDX bounced off key weekly support and testing key weekly resistance. GU tested the descending TL.

Not very dramatic move considering how far the Dollar dropped.

GU below 15625 would signal trend change on the weekly so we've got plenty of room to play before the market makes a significant shift.

WR1 was logical topside stopping point for last week. Decent near downside targets if the WPP holds price, WS1, MPP, 15900 area first. If we break topside of the WPP, this week's WR1 is now sitting near current R2 16324 area. Any of these look...
nice analy.

let's see how pa will do at descending tl and support area for trend confirmation
Hero calls followed by margin calls...
  • #263,659
  • Nov 8, 2010 9:27am Nov 8, 2010 9:27am
Quoting darrenware
Whos going to crack first....
Like your charts,posts ,contributions...Boring old day..one way or another.
All systems of divination, like music itself,work through patterns.
  • #263,660
  • Nov 8, 2010 9:59am Nov 8, 2010 9:59am
Cheers...I'm trying
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