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Cable Update (GBPUSD)

  • #285,941
  • Aug 8, 2011 4:46am Aug 8, 2011 4:46am
Hello guys,
This is my GBPCHF is someone trade this pair >

Inserted Video



Cheers
Petar
"Buy on fear, sell on greed !!!
  • #285,942
  • Aug 8, 2011 5:02am Aug 8, 2011 5:02am
15 min
Attached Image
  • #285,943
  • Aug 8, 2011 5:09am Aug 8, 2011 5:09am
Down trend confirmed on H1 but the set up is not good and the bear is so small, wait then.
  • #285,944
  • Aug 8, 2011 5:11am Aug 8, 2011 5:11am
Quoting Hoang Long
Down trend confirmed on H1 but the set up is not good and the bear is so small, wait then.
only under 1,6385 is short
  • #285,945
  • Aug 8, 2011 5:14am Aug 8, 2011 5:14am
Quoting Nick35
only under 1,6385 is short
Thanks, waiting for a better set up
  • #285,946
  • Aug 8, 2011 5:18am Aug 8, 2011 5:18am
Quoting Hoang Long
Thanks, waiting for a better set up
I'm not SOROS of course ....
but I'm looking to the rectangle ......
  • #285,947
  • Aug 8, 2011 5:19am Aug 8, 2011 5:19am
It's a strange looking downtrend on 1hr ? Actually 1hr is in some consolidation - it is not a downtrend yet...generally the sentiment is bullish on this t/f although intraday is mixed-bearish at the moment.

Finishing here for session/day

G/L

Quoting Hoang Long
Down trend confirmed on H1 but the set up is not good and the bear is so small, wait then.
Attached Image
ex member
  • #285,948
  • Aug 8, 2011 5:25am Aug 8, 2011 5:25am
Quoting bbmac
It's a strange looking downtrend on 1hr ? Actually 1hr is in some consolidation - it is not a downtrend yet...generally the sentiment is bullish on this t/f although intraday is mixed-bearish at the moment.

Finishing here for session/day

G/L
Yeah, it look stranger that why I had not enter short yet. Actually I was looking place to long but hold it also because of mixed signal.

Still waiting..,
  • #285,949
  • Aug 8, 2011 5:29am Aug 8, 2011 5:29am
1M
My weapon say long 1M
Attached Image
  • #285,950
  • Aug 8, 2011 6:48am Aug 8, 2011 6:48am
As expected, down and touch 6389 again. Continue down or will up again?
Waiting for clear set up before enter.
  • #285,951
  • Aug 8, 2011 6:51am Aug 8, 2011 6:51am
sl. !
  • #285,952
  • Aug 8, 2011 7:29am Aug 8, 2011 7:29am
Closed at weekly pivot.


Quoting iqyu5an
.
Attached Image (click to enlarge)
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not euphoria follower
  • #285,953
  • Aug 8, 2011 7:40am Aug 8, 2011 7:40am
Quoting iqyu5an
Closed at weekly pivot.
new long 1,6350
today no good for me...I made ​​too many mistakes today, I move like a novice
  • #285,954
  • Aug 8, 2011 7:43am Aug 8, 2011 7:43am
done my day...
Quoting Nick35
new long 1,6350
today no good for me...I made ​​too many mistakes today, I move like a novice
not euphoria follower
  • #285,955
  • Aug 8, 2011 7:51am Aug 8, 2011 7:51am
Quoting Hoang Long
As expected, down and touch 6389 again. Continue down or will up again?
Waiting for clear set up before enter.
Just back and it had already down so much, missed the chance I guess.

waiting again ....
  • #285,956
  • Aug 8, 2011 9:32am Aug 8, 2011 9:32am
update views , ok so far .
fontu

http://www.forexfactory.com/showthre...22#post4849922
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #285,957
  • Aug 8, 2011 12:01pm Aug 8, 2011 12:01pm
Just popped back to desk to update charts after own trading session finished earlier in the London morning.

Drop from that previous 1hr/4hr/daily swing hi zone 6452-74 has found an intraday base at the previous 1hr swing hi zone (previous resistance = potential rbs) now a previous 1hr swing lo zone ..current daily Lo 6296.

1hr chart below shows the potential supp/res/sbr/rbs factors between 6474 and 6222, Daily S1 being around 6278 and Weekly S1 @/around 6248 and Monthly Pivot @/around the 6222 lo with 61.8% 6067-6474 there also. Solid line fibs shown are the unbreeched fibs of the 6222 and 6228 moves to 6271.

1hr in an opa downtrend now, 4hr/daily mixed in that 6374-6222 consolidation.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 105 KB
ex member
  • #285,958
  • Aug 8, 2011 12:05pm Aug 8, 2011 12:05pm
4hr range consolidation shown below. There is probably a PA pattern there but I don't know what it is !

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 54 KB
ex member
  • #285,959
  • Aug 8, 2011 12:14pm Aug 8, 2011 12:14pm
so quiet...

maybe because so many people anticipated GU to rise sharply... and got disappointed. This is forex - anything can happen. Get used to it.

Market is still uncertain... However, there are many pips can still be made. Just stay cautious. Good luck all.
  • #285,960
  • Aug 8, 2011 12:30pm Aug 8, 2011 12:30pm
Quoting delorean
so quiet...

maybe because so many people anticipated GU to rise sharply... and got disappointed. This is forex - anything can happen. Get used to it.

Market is still uncertain... However, there are many pips can still be made. Just stay cautious. Good luck all.
u r right
Keep the Lights on then you can catch the rise from the dark.
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