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Cable Update (GBPUSD)

  • #290,421
  • Oct 13, 2011 3:41am Oct 13, 2011 3:41am
Quoting DubaiFX
My analysis..

comments will be appreciated
What's the point of posting those on the cable thread?
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  • #290,422
  • Oct 13, 2011 3:46am Oct 13, 2011 3:46am
......
Attached Image (click to enlarge)
Click to Enlarge Name: result.JPG Size: 27 KB
It is possible to make large sums trading, small losses, large wins
  • #290,423
  • Oct 13, 2011 3:49am Oct 13, 2011 3:49am
23.6% of the main 5270-5797 recovery pullback is where the current daily lo is.

G/L
ex member
  • #290,424
  • Oct 13, 2011 3:49am Oct 13, 2011 3:49am
Thank you bbmac and bbking for posting charts. This thread is slipping down the drain without the likes of you.

Anyway. Anybody coming on this thread and posting irrelevant gas futures charts or dummy account statements or things like " I was wondering if... " is gonna get shot down by me.

Here's a chart. For those of you with only half a brain it shows a double bottom formation, with a break at 1.5680, which is now being retested. Good luck with your trading.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd111013h4.gif Size: 30 KB
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  • #290,425
  • Oct 13, 2011 4:00am Oct 13, 2011 4:00am
Quoting DubaiFX
My analysis..

comments will be appreciated
Both EURJPY and GBPJPY WORKED well
120 pips each and was in with some high leverage so got good Moeny too..
Don't compare your Trades with Others
  • #290,426
  • Oct 13, 2011 4:01am Oct 13, 2011 4:01am
Quoting bbmac
23.6% of the main 5270-5797 recovery pullback is where the current daily lo is. G/L
I noticed that, too. It corresponds to the break line.
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  • #290,427
  • Oct 13, 2011 4:03am Oct 13, 2011 4:03am
Quoting DubaiFX
Both EURJPY and GBPJPY WORKED well
120 pips each and was in with some high leverage so got good Moeny too..
Good morning. What's your take on Cable?
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  • #290,428
  • Oct 13, 2011 4:04am Oct 13, 2011 4:04am
Quoting smikester
Thank you bbmac and bbking for posting charts. This thread is slipping down the drain without the likes of you.

Anyway. Anybody coming on this thread and posting irrelevant gas futures charts or dummy account statements or things like " I was wondering if... " is gonna get shot down by me.

Here's a chart. For those of you with only half a brain it shows a double bottom formation, with a break at 1.5680, which is now being retested. Good luck with your trading.

Attachment
hey dude,
tanx for the chart....very impressive...but what exactly are u trying to show us...we all saw the double bottom..whats ur point?
It is possible to make large sums trading, small losses, large wins
  • #290,429
  • Oct 13, 2011 4:06am Oct 13, 2011 4:06am
Quoting omadivi
hey dude,
tanx for the chart....very impressive...but what exactly are u trying to show us...we all saw the double bottom..whats ur point?
Try clicking on it three times.
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  • #290,430
  • Oct 13, 2011 4:09am Oct 13, 2011 4:09am
yeh nice little 1min/3min bullish div based play at that 23.6% 5270-5797 confluence with the previous 4hr swing hi (previous res = potential supp) 1min shown below.

G/L

Quoting smikester
I noticed that, too. It corresponds to the break line.
Attached Image (click to enlarge)
Click to Enlarge Name: z1.jpg Size: 117 KB
Attached Image
ex member
  • #290,431
  • Oct 13, 2011 4:17am Oct 13, 2011 4:17am
I might set another long when we fall back from 1.5710.
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  • #290,432
  • Oct 13, 2011 4:20am Oct 13, 2011 4:20am
took another buy...tp:121.00
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Click to Enlarge Name: result.JPG Size: 134 KB
It is possible to make large sums trading, small losses, large wins
  • #290,433
  • Oct 13, 2011 4:22am Oct 13, 2011 4:22am
current near-term 1hr screenshot as below.

outa here

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 82 KB
ex member
  • #290,434
  • Oct 13, 2011 4:38am Oct 13, 2011 4:38am
Quoting smikester
I might set another long when we fall back from 1.5710.
you cld avoid longs...rather search for "short" opportunities...macd h4 has gone bearish...stoch daily looking bearish..if you took a short now, a 100pips stop loss shld suffice...or you cld wait for price to head back to .5780-ish or better still 5900..i think does are the ideal short entries...all these info can be gotten off your terminal,i need not post any pics..me thinks..
It is possible to make large sums trading, small losses, large wins
  • #290,435
  • Oct 13, 2011 4:41am Oct 13, 2011 4:41am
Quoting josef
Hi, let's make some trades.

Sell at 1.5741

Regards,

Josef
Closed at 1.5691 + 50 pips
  • #290,436
  • Oct 13, 2011 4:51am Oct 13, 2011 4:51am
Quoting omadivi
you cld avoid longs...rather search for "short" opportunities...macd h4 has gone bearish...stoch daily looking bearish..if you took a short now, a 100pips stop loss shld suffice...or you cld wait for price to head back to .5780-ish or better still 5900..i think does are the ideal short entries...all these info can be gotten off your terminal,i need not post any pics..me thinks..
Longer term I am bearish this pair. There is a chance we test 1.6 again. Let's see if 1.57 holds.
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  • #290,437
  • Oct 13, 2011 5:38am Oct 13, 2011 5:38am
Quoting Flatfish
Decided to try another short at 1.5756. Looks like resistence forming here on 4hr. Don't really what to buy at these levels, so that just leaves me the option of selling. No tp yet just going to see what happens.
Closed my short for 60 pips - price action not really very exciting today so, will wait for a setup .
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 93 KB
  • #290,438
  • Oct 13, 2011 5:56am Oct 13, 2011 5:56am
hello
sorry i cant post chart im not on my pc and using webtrader
i opened a long @5685 n @5700

SL are below h1+h4 ascending trendline

imo we go more up at least till daily open @5750 if holds above the 5660

could be wrong, lets see what happens in NY session
90% of traders use TA, indicators and prediction
  • #290,439
  • Oct 13, 2011 5:56am Oct 13, 2011 5:56am
Quoting smikester
Good morning. What's your take on Cable?
Hello,

in my analysis i must say 1.5580 is the next target.

and EURUSD for 1.3550 is still in the cards..
Don't compare your Trades with Others
  • #290,440
  • Oct 13, 2011 5:59am Oct 13, 2011 5:59am
Quoting Flatfish
Closed my short
Music to my ears... LOL
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