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Cable Update (GBPUSD)

  • #265,701
  • Dec 2, 2010 3:56am Dec 2, 2010 3:56am
I'm looking to target 1.5675 from 1.5595.
  • #265,702
  • Dec 2, 2010 4:01am Dec 2, 2010 4:01am
Daily shows that price has arrived at top of that previous 4hr/daily swing lo zone (previous support)..Fibs on 4hr plotted from 6297, 6183, 6093 and 5836, all to 5483.

The dotted fib extensions on this t/f refer to the last weekly swing HL-HH 5296-6297.

G/L
Attached Image
ex member
  • #265,703
  • Dec 2, 2010 5:20am Dec 2, 2010 5:20am
85.4 fib retrace and pivot in the swing area here

Attached Image
  • #265,704
  • Dec 2, 2010 6:02am Dec 2, 2010 6:02am
Howard Friend

http://www.migbank.com/research/howa...l%20Report.pdf

GBP/USD Sell Limit 3 at 1.5728 TP:1.5541/1.5261/1.4980 Stop:1.5915
EUR/USD Sell Limit 3 at 1.3299 TP:1.3113/1.2834/1.2555 Stop:1.3485
EUR/JPY Sell Limit 3 at 111.64 TP:110.23/108.11/106.00 Stop:113.05
  • #265,705
  • Dec 2, 2010 6:03am Dec 2, 2010 6:03am
..
Attached Image (click to enlarge)
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  • #265,706
  • Dec 2, 2010 6:08am Dec 2, 2010 6:08am
Quoting Magix
It's all about the timing....
so thats for one day?
  • #265,707
  • Dec 2, 2010 7:48am Dec 2, 2010 7:48am
Parabolic sar broken on the 4 hour. Will it break the previous low? Going to wait for a retrace before entering short.
You've got to be IN IT to WIN IT!
  • #265,708
  • Dec 2, 2010 8:08am Dec 2, 2010 8:08am
Quoting Ifty
Parabolic sar broken on the 4 hour. Will it break the previous low? Going to wait for a retrace before entering short.
monthly is bearish..
weekly is bearish
dailly after today will produce sel signal..(reverse from hi break to low)

might not get opportunity bro

1.53 first target..then 1.50 then perhaps 1.46

http://i648.photobucket.com/albums/u.../chart2-20.gif
  • #265,709
  • Dec 2, 2010 8:15am Dec 2, 2010 8:15am
Quoting nAVIN2007
monthly is bearish..
weekly is bearish
dailly after today will produce sel signal..(reverse from hi break to low)

might not get opportunity bro

1.53 first target..then 1.50 then perhaps 1.46

http://i648.photobucket.com/albums/u.../chart2-20.gif
I totally agree. All I am doing is waiting for a little retrace on the 15 minute for a bit of a discount. The 4 hour/daily (heikin ashi candles) were looking bullish so was playing tricks with my mind, however, it's a lot clearer now. SHORT SHORT SHORT for sure. NFP tomorrow always dangerous so excited to see what will happen, hope we all make plenty of pips. Good luck brother Nav.
You've got to be IN IT to WIN IT!
  • #265,710
  • Dec 2, 2010 8:42am Dec 2, 2010 8:42am
Quoting Ifty
I totally agree. All I am doing is waiting for a little retrace on the 15 minute for a bit of a discount. The 4 hour/daily (heikin ashi candles) were looking bullish so was playing tricks with my mind, however, it's a lot clearer now. SHORT SHORT SHORT for sure. NFP tomorrow always dangerous so excited to see what will happen, hope we all make plenty of pips. Good luck brother Nav.

u too bro

(have u fully recovered from yur accident?) how are u ?
  • #265,711
  • Dec 2, 2010 8:47am Dec 2, 2010 8:47am
Quoting nAVIN2007
u too bro

(have u fully recovered from yur accident?) how are u ?
Thanks very much bro. Recovered well and started boxing again just to get fit. At 36 finding the motivation to train is too hard especially when my car's stuck in the snow - my present excuse LOL. Dam NFP can spoil things but hopefully it won't if we use our MM.
You've got to be IN IT to WIN IT!
  • #265,712
  • Dec 2, 2010 9:11am Dec 2, 2010 9:11am
Quoting Ifty
Thanks very much bro. Recovered well and started boxing again just to get fit. At 36 finding the motivation to train is too hard especially when my car's stuck in the snow - my present excuse LOL. Dam NFP can spoil things but hopefully it won't if we use our MM.

no doubt brother!!..im glad to hear u have recovered, yup the snow gave me an excuse not to go work as well

getting there aint the problem it getting back!!
  • #265,713
  • Dec 2, 2010 9:49am Dec 2, 2010 9:49am
Quoting nAVIN2007
no doubt brother!!..im glad to hear u have recovered, yup the snow gave me an excuse not to go work as well

getting there aint the problem it getting back!!
Got my discount at 1.55686 bro. Lets goooooooooooooooo down.
You've got to be IN IT to WIN IT!
  • #265,714
  • Dec 2, 2010 10:11am Dec 2, 2010 10:11am
Quoting Ifty
Got my discount at 1.55686 bro. Lets goooooooooooooooo down.

excellent entry
  • #265,715
  • Dec 2, 2010 11:50am Dec 2, 2010 11:50am
Hi all

Higher lows and higher highs ... beginning of trend change looks like this ... I would possibly chance a long 15570 area
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  • #265,716
  • Dec 2, 2010 12:20pm Dec 2, 2010 12:20pm
going for it...
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  • #265,717
  • Dec 2, 2010 12:33pm Dec 2, 2010 12:33pm
Quoting chazzle
going for it...
closing for 20
  • #265,718
  • Dec 2, 2010 1:11pm Dec 2, 2010 1:11pm
totally guessing this candle will be a spike and short term H&s back down to 15550 area 20 pip stop
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  • #265,719
  • Dec 2, 2010 1:47pm Dec 2, 2010 1:47pm
Quoting chazzle
totally guessing this candle will be a spike and short term H&s back down to 15550 area 20 pip stop
didn't happen.. out for -5
  • #265,720
  • Dec 2, 2010 2:11pm Dec 2, 2010 2:11pm
now betting we can't hold above the EMA200 M15 exit if we do (candle close)
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