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Cable Update (GBPUSD)

  • #269,021
  • Jan 18, 2011 7:53pm Jan 18, 2011 7:53pm
Quoting gsantri
Good Morning,

3 of my pending orders get triggered.
That bullish HD gave a nice breakfast and an extra for LO lunch..
Chart. connection is not too good.
Attached Image (click to enlarge)
Click to Enlarge Name: gu-19-buy1.gif Size: 61 KB
  • #269,022
  • Jan 18, 2011 7:53pm Jan 18, 2011 7:53pm
Quoting fourxtrader
The left shoulder was a week in the making... I don't expect
any the less on the right or for the price to febbly drop back
down and go away easily from the 1.6000 challenge or beyond.



Dr. D.
since she broke more than 1.6050 yesterday, i could c this H&S may not valid.

So i can see now Monthly already show bull flag but we need to confirm one more week.

When i take a look at weekly and daily...they may have potential buy dip starting from 1.57 area where 1.57050/30 could be the max low at the moment.......

for euro...we should be weekly=monthly=strong bull.

so mine, still aside atm from any setting n only play gold....

just my 2 cent
  • #269,023
  • Jan 18, 2011 8:25pm Jan 18, 2011 8:25pm
Quoting grashid
since she broke more than 1.6050 yesterday, i could c this H&S may not valid.

So i can see now Monthly already show bull flag but we need to confirm one more week.

When i take a look at weekly and daily...they may have potential buy dip starting from 1.57 area where 1.57050/30 could be the max low at the moment.......

for euro...we should be weekly=monthly=strong bull.

so mine, still aside atm from any setting n only play gold....

just my 2 cent
yeah yeeah agree master G...

i noticed it yesterday when i feel something wrong with GU movement so that i ask about ur EU trade
Verily, in every difficulties there is relief
  • #269,024
  • Jan 18, 2011 9:48pm Jan 18, 2011 9:48pm
Hi all,
someone mentioned a bull flag on the cable monthly, but I only see a triangle
am I missing something?
anyways I'm planning to short near the approaching trendline...
possibly next week...
what do you guys think?

thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2011-01-19 at 12.41.14 PM.png Size: 18 KB
  • #269,025
  • Jan 18, 2011 10:31pm Jan 18, 2011 10:31pm
Quoting iono
Hi soulfly, this chart is backing up the PM I sent you, just suggestions on retraining, there is a lot of good advice to be had on this site.
today we go for bull.. same with my Analysis
  • #269,026
  • Jan 18, 2011 10:43pm Jan 18, 2011 10:43pm
Quoting gsantri
Good Morning,

3 of my pending orders get triggered.
That bullish HD gave a nice breakfast and an extra for LO lunch..
0.6 vol closed for 64 pips, remaining profit locked +23.
as well as EU - UJ.
  • #269,027
  • Jan 18, 2011 11:13pm Jan 18, 2011 11:13pm
Quoting greenuns
Hi all,
someone mentioned a bull flag on the cable monthly, but I only see a triangle
am I missing something?
anyways I'm planning to short near the approaching trendline...
possibly next week...
what do you guys think?

thanks
stick on that triangle then... see the current monthly bar it still targeting 200pips on thesky @1.6200...which actually my target since yesterday1.6170-1.6190

bull flag happen in smaller timeframe...


Quoting primzvicious


1.6060-1.6067 is the closest resistance, if this broke we will see 1.6173-16190
Verily, in every difficulties there is relief
  • #269,028
  • Jan 18, 2011 11:25pm Jan 18, 2011 11:25pm
Quoting grashid
since she broke more than 1.6050 yesterday, i could c this H&S may not valid.

So i can see now Monthly already show bull flag but we need to confirm one more week.

When i take a look at weekly and daily...they may have potential buy dip starting from 1.57 area where 1.57050/30 could be the max low at the moment.......

for euro...we should be weekly=monthly=strong bull.

so mine, still aside atm from any setting n only play gold....

just my 2 cent
I appreciate that. I didn't recognize that the slope formed by the
shoulders and the neck line are critical in validating a H&S pattern.

I see in both cases they are rising on the daily.

Dr. D.
  • #269,029
  • Jan 18, 2011 11:30pm Jan 18, 2011 11:30pm
Quoting primzvicious
yeah yeeah agree master G...

i noticed it yesterday when i feel something wrong with GU movement so that i ask about ur EU trade
http://www.forexfactory.com/showpost...stcount=367620

i have no idea yet...maybe i will touch EU n GU by next week...close my EU at -ve 35+pips.......

wanna watch how today close n tomorrow NY open........

take care mate.....
  • #269,030
  • Jan 18, 2011 11:34pm Jan 18, 2011 11:34pm
Quoting fourxtrader
I appreciate that. I didn't recognize that the slope formed by the
shoulders and the neck line are critical in validating a H&S pattern.

I see in both cases they are rising on the daily.

Dr. D.
just my view..but let c if it valid or not then we shall know what is going on...

Ok Dr...am going to take some rest...bb in NY..cheers
  • #269,031
  • Jan 18, 2011 11:35pm Jan 18, 2011 11:35pm
Quoting grashid
http://www.forexfactory.com/showpost...stcount=367620

i have no idea yet...maybe i will touch EU n GU by next week...close my EU at -ve 35+pips.......

wanna watch how today close n tomorrow NY open........

take care mate.....
Verily, in every difficulties there is relief
  • #269,032
  • Jan 18, 2011 11:44pm Jan 18, 2011 11:44pm
my 2nd sharing.. still strong BULLISH....

my h4 analysis, hope u can see where my target... good luck everybody for today
Attached Image
  • #269,033
  • Jan 18, 2011 11:47pm Jan 18, 2011 11:47pm
my 2nd sharing...

im stick to bullish, i dont see bear right now, all my analysis use time frame 4 n daily, swing bullish, hope u can enjoy trading today...
Attached Image
  • #269,034
  • Jan 18, 2011 11:50pm Jan 18, 2011 11:50pm
Quoting primzvicious
stick on that triangle then... see the current monthly bar it still targeting 200pips on thesky @1.6200...which actually my target since yesterday1.6170-1.6190

bull flag happen in smaller timeframe...
yup eyeing 62...been waiting a long time for this to happen...
let's see what happens, GL everybody!
  • #269,035
  • Jan 19, 2011 12:19am Jan 19, 2011 12:19am
Quoting gsantri
0.6 vol closed for 64 pips, remaining profit locked +23.
as well as EU - UJ.
remaining profit locked amended +53 @1.600
  • #269,036
  • Jan 19, 2011 12:24am Jan 19, 2011 12:24am
just gambling, i'm in here...,SELL, you now where is SL should be... lets wait LO..., so sleepy after lunch...
I will be the number one Manager.
  • #269,037
  • Jan 19, 2011 12:30am Jan 19, 2011 12:30am
Quoting soulfly
First problem is overleverage.
Reading the EURUSD thread on this forum, FXstreet etc.
trading when there is no real trend, just to take trade.

I dont think I am the only one doing this.
Nope, you are definitely not the only one. Those are all issues it took me over a year to overcome. One day I woke up and decided that since it wasn't working well I'd stop. I did and now I make a nice income from trading part time.

If it doesn't work, and it's just dumb trading (no offense intended) then stop doing it. Habits are hard to break but it's doable.

If you love trading FX then don't give up, just smarten up. ;-)
  • #269,038
  • Jan 19, 2011 12:37am Jan 19, 2011 12:37am
good good good

rgds,iqyu

SND :

jarago kieu euy.. timing entrina meuni alush... make naon eta indi na ? sering atuwhhh


Quoting javapips
just gambling, i'm in here...,SELL, you now where is SL should be... lets wait LO..., so sleepy after lunch...
not euphoria follower
  • #269,039
  • Jan 19, 2011 12:38am Jan 19, 2011 12:38am
Just gambling here,,, long GU ....


The trend is your friend, until you dont capitalize on the opportunity it presents to you at that precise moment. If you miss it or dont take it and try to make up for it later your friend will stab you in the back and take all your money!
  • #269,040
  • Jan 19, 2011 12:45am Jan 19, 2011 12:45am
Quoting iqyu5an
good good good

rgds,iqyu

SND :

jarago kieu euy.. timing entrina meuni alush... make naon eta indi na ? sering atuwhhh
jarago naon kang...,using eyes only..,no indi inside,

green pips for you..,
I will be the number one Manager.
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