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Cable Update (GBPUSD)

  • #263,781
  • Nov 9, 2010 9:35am Nov 9, 2010 9:35am
Hi Redsword11,

I see it too bro
http://www.forexfactory.com/showpost...&postcount=879

Time will tell...

Happy trading,

rgds,iqyu
Quoting redsword11
Attachment
not euphoria follower
  • #263,782
  • Nov 9, 2010 9:36am Nov 9, 2010 9:36am
Quoting redsword11
Attachment


Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 69 KB
  • #263,783
  • Nov 9, 2010 9:38am Nov 9, 2010 9:38am
Hi lechidi,

Sorry to interupt...

Fyi, I am a newbie also.

My imo, the best thing is .... plan your own trade and trade your own plan ....

Rgds,iqyu

Quoting lechidi
how many lots? standard account type? so i learn a bit abt ur MM
not euphoria follower
  • #263,784
  • Nov 9, 2010 9:39am Nov 9, 2010 9:39am
  • #263,785
  • Nov 9, 2010 9:48am Nov 9, 2010 9:48am
Lechidi, look at 5min chart at current intraday lo (6065) and current intraday hi 6183, 5min regular immediate bullish then bearish divergence respectively and at the 6183 this was supported by similar on 15min...both at pre-defined potential supp/res areas.

G/L
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ex member
  • #263,786
  • Nov 9, 2010 9:48am Nov 9, 2010 9:48am
Attached Image (click to enlarge)
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other open trade
  • #263,787
  • Nov 9, 2010 9:49am Nov 9, 2010 9:49am
Quoting grashid
what up bro...doing ok?just went through the auslanco thread...felt like a ghost town there....
  • #263,788
  • Nov 9, 2010 9:51am Nov 9, 2010 9:51am
Quoting Mr.Elliott
what up bro...doing ok?just went through the auslanco thread...felt like a ghost town there....
fine mate..just have fun as usual...

anyway anybody with nice drop just now...simple right?

http://www.forexfactory.com/showpost...stcount=263779

same chart as posting b4....enjoy ur trade

that is why i hate to post my chart ....
Attached Image (click to enlarge)
Click to Enlarge Name: GU-M15b.JPG Size: 183 KB
  • #263,789
  • Nov 9, 2010 9:58am Nov 9, 2010 9:58am
Quoting Mr.Elliott
i know that you were asking bbmac about this...just trade what your chart says...if you think the trend is bullish....then go ahead with some long position...some trader trade counter trades....and sometimes make you confused a bit...and also sometimes...your judgement would be influence by this statement....that is what i've learn so far...sorry for interuppting bro...just my 2 cent.good luck in your trading....
Nice one bloke. no long thing with u commenting...very welcome anytime. i get ur drift and will find it useful in staying focused. cheers man
  • #263,790
  • Nov 9, 2010 10:05am Nov 9, 2010 10:05am
Each elliptical image represents a completed compression
pattern where there is a gathering, formation, maturation
and sudden release and separation of EMAs on various time
frames throughout the previous 500+ pip move on the 1H.

This 1H trend originated with crs patterns uniquely developing
on multiple time frames simultaneously. This doesn't happen
that often. However, the cyclical compression process
continually repeats itself on individual tfs.

Here again we see the EMAs on this 1H chart (and on each
of the lower tfs) gathering and / or oscillating in a joint effort
to build sufficient energy for yet another often explosive move.

Should the consolidation continue allowing more than one of
the higher tfs to reached a full compression pattern then we
might expect a similar large move upon their release.

Dr. D.
Attached Image
  • #263,791
  • Nov 9, 2010 10:06am Nov 9, 2010 10:06am
Quoting redsword11
Attachment


Attached Image (click to enlarge)
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a closer look - closed it at 2 candle reversal pivot
  • #263,792
  • Nov 9, 2010 10:08am Nov 9, 2010 10:08am
Quoting redsword11
Attachment




a closer look - closed it at 2 candle reversal pivot
yup..am wathing at my last pink dotted line..then possible reversal from there...

good trade mate
  • #263,793
  • Nov 9, 2010 10:09am Nov 9, 2010 10:09am
Quoting darrenware
taken a small short 1.6148 - sl 1.6186
Thank you Cable

Its down into my supply area now
Enter Signature
  • #263,794
  • Nov 9, 2010 10:09am Nov 9, 2010 10:09am
Quoting grashid
yup..am wathing at my last pink dotted line..then possible reversal from there...

good trade mate

awaiting entry north too, just fell through my tg, ALWAYS THE CASE .......
  • #263,795
  • Nov 9, 2010 10:10am Nov 9, 2010 10:10am
Are we ready for ?

rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=879
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not euphoria follower
  • #263,796
  • Nov 9, 2010 10:11am Nov 9, 2010 10:11am
just hit..ok watch M5 n M15 till sign of reversal vs H1...

if H1 close below my last pink dotted line..1.5980/70 is on the way

good luck all n enjoy ur trade

chiow

g
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  • #263,797
  • Nov 9, 2010 10:18am Nov 9, 2010 10:18am
long 1.6079 - sl 1.6038
Enter Signature
  • #263,798
  • Nov 9, 2010 10:19am Nov 9, 2010 10:19am
Cable reverses all of it's 6065-6183 gains, breeching the 1hr ascending trend line to the downside. Below current price a 1hr/4hr previous swing lo zone 6049-30 (post fomc low last week) with 3 x unbreeched fibs of moves up to 6297 and daily S2 in there at 6042,...Below here Weekly S1 and a fib at 5994 area. The current intraday lo being tested is also the 23.6% 5296-6297.

G/L
ex member
  • #263,799
  • Nov 9, 2010 10:19am Nov 9, 2010 10:19am
Quoting GlobalMacro
Price has put in a base in form of a double-bottom @ 1.6068 & 1.6074 respectively, turning the day's bias to the bullish side
she just took out the base @ 1.6065...so the aforementioned scenario is out of force...
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Hear the music before the song is over ...
  • #263,800
  • Nov 9, 2010 10:24am Nov 9, 2010 10:24am
current 1hr screenshot as below

http://www.easy-upload.net/fichiers/z.2010119172434.gif
ex member
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