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Cable Update (GBPUSD)

  • #293,381
  • Nov 29, 2011 6:10am Nov 29, 2011 6:10am
Quoting redsword11
out lower sells @ 1.55200
Good day to you,

As always - great observer of PA. Man, I tell you - one day....

Wish you all success
  • #293,382
  • Nov 29, 2011 6:13am Nov 29, 2011 6:13am
Quoting bumapatria
i love this thread already (mostly tau)

thanks for warm welcome everyone make some more pips im leaving for my jiujitsu class
Good day,

There are some really great traders here... the whole community is a good one. I learn a lot here. The more input - the better. Bring it.

Regards
  • #293,383
  • Nov 29, 2011 6:18am Nov 29, 2011 6:18am
Quoting bbmac
above current hi:

5652-54 prev 1hr sw hi zone incl 5651/55 = 85.4% 5691-5422 and 50% 5888-5422 and Daily R2 @/around 5655
5658-68 prev 1hr sw hi zone

[ 5672-91 prev 4hr/1hr sw hi zone incl 5675 = Wkly R1 @/around and 5677 = 38.2% 6092-5422
[ 5685-5715 prev Dly/4hr sw lo zone x 2 incl 5692 = 38.2% 6128-5422 and 5704/10 38.2% 6165-5422/61.8% 5888-5422 and 5715 = Daily R3 @/around

5735-40 prev 1hr sw lo x 2 zone
5754-66 prev 4hr/1hr sw lo/hi zone incl 5756 = 50% 6092-5422
5776/78 50% 6128-5422/76.4% 5888-5422
5792 50% 6165-5422
5802-06 prev...
Good day to you,

Seriously - it amazes me that you take so much time in posting such detail. You know you do not have to - but yet you do. Thank you for the efforts and the comments.

We do not always express our gratitute but I believe it is in order to tell you that you are appreciated.

Thanks again.

All the best
  • #293,384
  • Nov 29, 2011 6:22am Nov 29, 2011 6:22am
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intraday dx


respect or blow through
  • #293,385
  • Nov 29, 2011 6:25am Nov 29, 2011 6:25am
Quoting TauTrader
Good day to you,

As always - great observer of PA. Man, I tell you - one day....

Wish you all success


and good day to you too, always very polite unlike me



best regards
  • #293,386
  • Nov 29, 2011 6:51am Nov 29, 2011 6:51am
Quoting redsword11
Attachment

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in more for heavy scalp
  • #293,387
  • Nov 29, 2011 6:51am Nov 29, 2011 6:51am
Quoting FXConveyor
Ok. My prospect for this week now is 1.57 with a view to then retrace back.

57ish is the 38.2 retrace from 6162 to 5418 then we should go back to fill the gap from Friday close to yesterday open.

Keep lucky
Ok, we are slowly edging our way up to the target. US may get us there today, if not tomorrow. Moved my stop to 5585. If US gets us to 569 today, then I shall close long and book an immediate short for 100 pip retrace.
  • #293,388
  • Nov 29, 2011 7:04am Nov 29, 2011 7:04am
Channel break + old support haven't becomed new resistance .
You can see that at first red circle old support becomed new resistance but for a short period of time , then price broke it - that means possible ending of the bearish channel soon , waiting for red trendline retest and signals to confirm breakout or feakout , if it's feakout then the blue channel would be "new" channel and act as resistance later on ... What you guys thinking ?
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  • #293,389
  • Nov 29, 2011 7:08am Nov 29, 2011 7:08am
Quoting TauTrader
Good day to you,

Seriously - it amazes me that you take so much time in posting such detail. You know you do not have to - but yet you do. Thank you for the efforts and the comments.

We do not always express our gratitute but I believe it is in order to tell you that you are appreciated.

Thanks again.

All the best
i love this acknowledgement, I agree
  • #293,390
  • Nov 29, 2011 7:35am Nov 29, 2011 7:35am
Quoting TauTrader
Good day to you,

Entered short for a scalp.. I use MACD hybrid type indi with my major trendlines to look for overbought / oversold areas. A touch gives me the scalp attempt. But SL always tight on these...

SL placed just above upper level of daily channel by high @ 1.5666

Will see...

Regards
Good day,

Closed the short scalps on touch of the TL - now flat.

Regards
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  • #293,391
  • Nov 29, 2011 7:37am Nov 29, 2011 7:37am
Quoting redsword11
multiple sells @ 1.56450 area, aiming for 1.54900 area

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out scale in


achieved tgs
  • #293,392
  • Nov 29, 2011 7:39am Nov 29, 2011 7:39am
Do you guys think that double top will form in 4H chart GU?
  • #293,393
  • Nov 29, 2011 8:06am Nov 29, 2011 8:06am
90% of traders use TA, indicators and prediction
  • #293,394
  • Nov 29, 2011 8:12am Nov 29, 2011 8:12am
Quoting dremstar
Do you guys think that double top will form in 4H chart GU?
Good day to you,

Current setup dictates buying dips - so - quite possible that we may re-visit higher again. Double top - don't know..

We may also start prepping for " The News" later in the week - so....

Depending on how things are looking by then, will decide. I promised myself to stay disciplined. I change from bull to bear and back in 10 seconds flat.

Can't answer truly...

all the best to you
  • #293,395
  • Nov 29, 2011 8:25am Nov 29, 2011 8:25am
Quoting TauTrader
Good day to you,

Current setup dictates buying dips - so - quite possible that we may re-visit higher again. Double top - don't know..

We may also start prepping for " The News" later in the week - so....

Depending on how things are looking by then, will decide. I promised myself to stay disciplined. I change from bull to bear and back in 10 seconds flat.

Can't answer truly...

all the best to you
thanks TauTrader.
i feel like getting staying out of market a while.
  • #293,396
  • Nov 29, 2011 8:30am Nov 29, 2011 8:30am
I may go long again..will wait for confirmation candle
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  • #293,397
  • Edited 9:13am Nov 29, 2011 8:51am | Edited 9:13am
long @ 1.5607, tp 1.5637, sl has been moved to 1.5626, come on you last 11 pips......
  • #293,398
  • Nov 29, 2011 9:13am Nov 29, 2011 9:13am
Quoting GDR3k
long @ 1.5607, tp 1.5637, sl has been moved to break even...
Good day to you,

You understood - nice

all the best to you

Regards
  • #293,399
  • Nov 29, 2011 9:16am Nov 29, 2011 9:16am
closed @ 19+ pips, thats 104 pips for today in total and over 150+ yesterday so over 250 for the week so far, happy days.
  • #293,400
  • Nov 29, 2011 9:22am Nov 29, 2011 9:22am
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