Dislikednear here if im not wrong there is ema60 in h1
possible bounce before more down...Ignored
lets see if it falls to 1.5680 target..
Younas.
Don't compare your Trades with Others
Cable Update (GBPUSD)
- #290,601
- Oct 17, 2011 5:22am Oct 17, 2011 5:22am
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Don't compare your Trades with Others
- #290,602
- Oct 17, 2011 5:33am Oct 17, 2011 5:33am
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Don't compare your Trades with Others
- #290,603
- Oct 17, 2011 5:39am Oct 17, 2011 5:39am
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Don't compare your Trades with Others
- #290,604
- Oct 17, 2011 6:28am Oct 17, 2011 6:28am
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- #290,606
- Oct 17, 2011 6:48am Oct 17, 2011 6:48am
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Don't compare your Trades with Others
- #290,609
- Oct 17, 2011 8:01am Oct 17, 2011 8:01am
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I am not convinced with this downward push I am going to wait for the daily to close.
I may make it late to the party but I will get mine. ;-)
90% of traders use TA, indicators and prediction
- #290,610
- Oct 17, 2011 8:03am Oct 17, 2011 8:03am
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90% of traders use TA, indicators and prediction
- #290,611
- Edited 10:02am Oct 17, 2011 9:24am | Edited 10:02am
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Not understand?better not follow my analyses!doubt clearer first, risks ++
- #290,612
- Oct 17, 2011 9:30am Oct 17, 2011 9:30am
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im waiting also to see if holds below ema60 in m30 chart. if it does can go more down near 5700 in some hours.
there is a possible "back test" of previous uptrend TL in h1+h4 now near 5820
shortin here 5780 needs a stop > 5820 imo
It's a no-no for cable, at least not yet.
- #290,613
- Oct 17, 2011 9:42am Oct 17, 2011 9:42am
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- #290,614
- Oct 17, 2011 9:47am Oct 17, 2011 9:47am
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Looking at the 5 and 15m candles, I went long at 121.65.... target 122.05 within the next 2 hours
from my reading of the longer timeframes - 4h and 1day charts - the trend seems to be up, with a possible 126 target within the next 3-6 weeks....
just a Q are you long term trader?? trades for 126 is on daily weekly + monthly charts not smaller charts anyways,
good luck with your long term position
just a piece of advise long term positions don't work these days because if you have target 126 then you can always close at high and buy again at low till 126 that will giv you much more pips then holding a pair for weeks or months
good luck..
Don't compare your Trades with Others
- #290,615
- Oct 17, 2011 10:49am Oct 17, 2011 10:49am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
i found myself a job as im in a long term trade same positions..looking for 1.65 test if not breakout..but i will be happy with 1.65 and closeout
gosh you still into that trade? hope you bought some in lower area just to average a bit or picking scalps etc....
1.65 looks so far from here now...
90% of traders use TA, indicators and prediction
- #290,616
- Oct 17, 2011 10:51am Oct 17, 2011 10:51am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
sorry for delay bro, just noticed your reply!
gosh you still into that trade? hope you bought some in lower area just to average a bit or picking scalps etc....
1.65 looks so far from here now...
if u want to try a short..1.59 is key it will be tested just need to be patient
a close above 1.58 today on dailly ..we probably certainly see 1.59 tomorrow
- #290,617
- Oct 17, 2011 10:52am Oct 17, 2011 10:52am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Let it go mate.. find a better setup from other pair IMHO..
It's a no-no for cable, at least not yet.
im thinking to end this day and keep these 30-40pips profits in my pocket.
tomorrow is another day!
90% of traders use TA, indicators and prediction
- #290,618
- Oct 17, 2011 10:55am Oct 17, 2011 10:55am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
not that far buddy next month might see it..im patient so aint concerned at all..the mofo can do what it wants
anyway talking about faster TF i see hourly not so clearly reversing down.
i thought to find it 5720 now while its still 5780.
there must be something cooking
90% of traders use TA, indicators and prediction
- #290,619
- Oct 17, 2011 10:57am Oct 17, 2011 10:57am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
oh yes, by far i mean that need to get above 1.60, but looking at monthly setup it could be possible a nice upmove next month. need to hold above 54 imo this month
anyway talking about faster TF i see hourly not so clearly reversing down.
i thought to find it 5720 now while its still 5780.
there must be something cooking
- #290,620
- Oct 17, 2011 10:58am Oct 17, 2011 10:58am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
why 577x ? hope u still remember this : http://www.forexfactory.com/attachme...6&d=1318757167
As long as we stay above " the lime box", we might visit some potential resistant
But once we stay below "the lime box", bear will come again but there must be with strong pressure coz we already have doji weekly candle and breached 15 level of Q3 Fibo ( also 15 level of adjusted q3, not drawn. please draw fibo from our new low this month to around 166x ( high of q3 candle ) to see where 15 level of adjusted q3 )
Cheers
yes i see... PA is a bit confused, and i was very busy today so missed other opportunities.
im thinking to end this day and keep these 30-40pips profits in my pocket.
tomorrow is another day!
not euphoria follower