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Cable Update (GBPUSD)

  • #286,141
  • Aug 11, 2011 7:44am Aug 11, 2011 7:44am
Quoting gsantri
Hello mate, I have closed previous long on EJ averaged 63 p.

Just got in again @ 108.25 targeting 109.50, I still see bullish div on H1.
Green pips to u bro
G/L

yes there is some divergence in h1 also h4
but them are weak imo.
that's why i think in lower 107 area.
see below what i mean on daily chart
http://www.forexfactory.com/showthre...57#post4860957

anyway 108.00 should support it as it did now while im writin...
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  • #286,142
  • Aug 11, 2011 8:04am Aug 11, 2011 8:04am
Quoting _BBKing_
yes there is some divergence in h1 also h4
but them are weak imo.
that's why i think in lower 107 area.
see below what i mean on daily chart
http://www.forexfactory.com/showthre...57#post4860957

anyway 108.00 should support it as it did now while im writin...
yes that's true, but imho trading yen pairs we must see UJ. They wouldn't let it go below 76. and she goes up while I write this
  • #286,143
  • Aug 11, 2011 8:40am Aug 11, 2011 8:40am
hi
buy 1.6205
  • #286,144
  • Aug 11, 2011 8:46am Aug 11, 2011 8:46am
Quoting masoud_s
hi
buy 1.6205
today 6205 was resistance.....
higher resist i have 6215!

be careful buyin here!
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  • #286,145
  • Aug 11, 2011 8:48am Aug 11, 2011 8:48am
Quoting _BBKing_
today 6205 was resistance.....
higher resist i have 6215!

be careful buyin here!
thanks but i think go up
  • #286,146
  • Aug 11, 2011 8:55am Aug 11, 2011 8:55am
Quoting _BBKing_
today 6205 was resistance.....
higher resist i have 6215!

be careful buyin here!
plez post chart for resistance
  • #286,147
  • Aug 11, 2011 9:47am Aug 11, 2011 9:47am
1.6205 break
  • #286,148
  • Edited Aug 12, 2011 4:20am Aug 11, 2011 11:21am | Edited Aug 12, 2011 4:20am
I Think I am gonna short again
Attached
  • #286,149
  • Aug 11, 2011 11:24am Aug 11, 2011 11:24am
Quoting TrendTraders
I Think I am gonna short again
Attached


im short from 1.6232 TP 1.5992
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #286,150
  • Aug 11, 2011 1:24pm Aug 11, 2011 1:24pm
Quoting Anpips
plez post chart for resistance
hello,
sorry for delay i was busy i hope you searched on this thread...
my chart is 7 posts above your question

i posted my daily chart where clearly noticed the '1.62130'
also in previous page you find all what you need for today's session, in 'bbmac' postings and also on mine n other people's
90% of traders use TA, indicators and prediction
  • #286,151
  • Aug 11, 2011 1:37pm Aug 11, 2011 1:37pm
Quoting eqshack
im short from 1.6232 TP 1.5992
hello,
im already out of GU today.
i see a possible move more up from actual 6210.

in h4 price can get a swing till 6260 or 6280 or bit more...
this is the reason which invalidated for the moment my short position.

what i mean is: my bad i didnt short 6230 but, if im in you, i move the stops @Bep, if it goes up will search on higher price a new position
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  • #286,152
  • Aug 11, 2011 3:18pm Aug 11, 2011 3:18pm
Short term correction seems to have been complete.

Overall trend of the cable has been up.

Going long on this.

Buy Entry: 1.61626
Stop Loss: 1.61074
TP1: 1.63398
TP2: 1.66960
TP3: 1.70ish ( I don't think I'm crazy but hey if it works out, I could build my own mental hospital)
  • #286,153
  • Aug 11, 2011 6:06pm Aug 11, 2011 6:06pm
Hi All,

This is my first post in this forum, cable update

This week is really chaos, with market moving extremely swing down and up for Gbp/Chf . Fortunately it didn't for Gbp/Usd
I post my chart for Gbp/Usd and i think Gbp/Usd will up to possible break 1.64 in coming days.. before down again.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 16 KB
  • #286,154
  • Aug 11, 2011 8:21pm Aug 11, 2011 8:21pm
short setup for 154 has a high probability. let's see how it goes.
Attached Image (click to enlarge)
Click to Enlarge Name: gum5.PNG Size: 26 KB
Thank You
  • #286,155
  • Aug 11, 2011 9:51pm Aug 11, 2011 9:51pm
Quoting wormboy
short setup for 154 has a high probability. let's see how it goes.
Ah the Wiseman with clean M5 chart..

wish u ramadan mubarak my friend
  • #286,156
  • Aug 12, 2011 2:37am Aug 12, 2011 2:37am
are you all on holiday?!
this thread went so silent last 2 days.....

i notice that m30 chart give some good confirmation of resistance area in my charts.
price found resistance into previous support area 6220-6250 (already known as sup/res area) few pips below its ema200 (white)
Attached Image
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  • #286,157
  • Aug 12, 2011 2:39am Aug 12, 2011 2:39am
Quoting wormboy
short setup for 154 has a high probability. let's see how it goes.
morning,
when i saw that '154' i thought " 700 pips target on a m5 chart?!"
90% of traders use TA, indicators and prediction
  • #286,158
  • Aug 12, 2011 2:44am Aug 12, 2011 2:44am
did anyone take those +- 1000 pips on gbp chf yesterday?
90% of traders use TA, indicators and prediction
  • #286,159
  • Aug 12, 2011 2:47am Aug 12, 2011 2:47am
sentiment long 1h....
be careful triangle
Attached Image (click to enlarge)
Click to Enlarge Name: SIMILAR.png Size: 49 KB
  • #286,160
  • Aug 12, 2011 2:49am Aug 12, 2011 2:49am
Quoting thor2011
Hi All,

This is my first post in this forum, cable update

This week is really chaos, with market moving extremely swing down and up for Gbp/Chf . Fortunately it didn't for Gbp/Usd
I post my chart for Gbp/Usd and i think Gbp/Usd will up to possible break 1.64 in coming days.. before down again.
hello
as everything is possible i would not totally exclude this!
if goes so up... i will be very interested to see what happens near 6360-80!
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