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Cable Update (GBPUSD)

  • #295,701
  • Dec 27, 2011 4:52am Dec 27, 2011 4:52am
target met is width of the channel (see chart)
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  • #295,702
  • Dec 27, 2011 4:58am Dec 27, 2011 4:58am
Where is C and D using Weekly ?
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not euphoria follower
  • #295,703
  • Dec 27, 2011 5:01am Dec 27, 2011 5:01am
either perfect sell or perfect long..
if it was a bearish pin id say sell but looking at the 4hr it actually was progress..so its a bit in the middle..go figure
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  • #295,704
  • Dec 27, 2011 5:06am Dec 27, 2011 5:06am
Quoting nAVIN2007
target met is width of the channel (see chart)
Nice
Come with me if you want to live....
  • #295,705
  • Dec 27, 2011 5:10am Dec 27, 2011 5:10am
Enter long GU at 1.56557
  • #295,706
  • Dec 27, 2011 5:17am Dec 27, 2011 5:17am
Quoting Ill-b-back
Nice

like reading a book
I wish

edit back in channel i think
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  • #295,707
  • Dec 27, 2011 5:24am Dec 27, 2011 5:24am
What channel. Hit for you today?
  • #295,708
  • Dec 27, 2011 5:26am Dec 27, 2011 5:26am
Hit 1.5665 in a few minutes, maybe around 1:00

Next points: 1.5665...1.5675 and 1.5695
  • #295,709
  • Dec 27, 2011 6:11am Dec 27, 2011 6:11am
hello every one
im holding long position.
my SL is 5500 but i will close if i see it going wrong.

no target for the moment but thinking something around 1.59
today market still thin liquidity.
tomorrow will be better i hope.

good luck you all
Attached Image (click to enlarge)
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90% of traders use TA, indicators and prediction
  • #295,710
  • Dec 27, 2011 6:15am Dec 27, 2011 6:15am
I've got bullish and bearish divergences. Shorted again at 57, I hope my broad descending channel is legit.
Come with me if you want to live....
  • #295,711
  • Dec 27, 2011 6:27am Dec 27, 2011 6:27am
Quoting _BBKing_
hello every one
im holding long position.
my SL is 5500 but i will close if i see it going wrong.

no target for the moment but thinking something around 1.59
today market still thin liquidity.
tomorrow will be better i hope.

good luck you all
Wouldn't a 2nd touch on a lower tf channel after coming down from a higher tf channel suggest a break south to come?
Come with me if you want to live....
  • #295,712
  • Dec 27, 2011 6:28am Dec 27, 2011 6:28am
Quoting Ill-b-back
Don't cry 'cause you only got a small cup if milk brother, I've managed to spill my 5616 short everywhere, so looking for a good drop
  • #295,713
  • Dec 27, 2011 6:29am Dec 27, 2011 6:29am
Quoting GlobalMacro
Alright....sell orders are filled

I'm now short @ 1.5618.

Cable's trading @ 1.5620 right now.
Good Day,

Cable's working her way within a triangle,

bouncing off the UTL running stops in early European session

washing out weak shorts.


Meanwhile, she's back trading in the center @ 1.5646 after

bouncing off the DTL.


I'm continuing to maintain my short position .
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Hear the music before the song is over ...
  • #295,714
  • Dec 27, 2011 6:29am Dec 27, 2011 6:29am
Quoting Ill-b-back
Wouldn't a 2nd touch on a lower tf channel after coming down from a higher tf channel suggest a break south to come?
The 2 touches near your eclipse I mean.
Come with me if you want to live....
  • #295,715
  • Dec 27, 2011 6:39am Dec 27, 2011 6:39am
market setting up to go short, into tommorow
  • #295,716
  • Dec 27, 2011 6:42am Dec 27, 2011 6:42am
i'm holding long position..
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  • #295,717
  • Dec 27, 2011 6:45am Dec 27, 2011 6:45am
Quoting PoundTrader
market setting up to go short, into tommorow
Hope your right or it could be cloth nappies for my bub next week
Come with me if you want to live....
  • #295,718
  • Dec 27, 2011 6:59am Dec 27, 2011 6:59am
Quoting Ill-b-back
Hope your right or it could be cloth nappies for my bub next week
are you short ATM
  • #295,719
  • Dec 27, 2011 7:05am Dec 27, 2011 7:05am
Quoting Ill-b-back
The 2 touches near your eclipse I mean.
i went long 5616 at that 2nd touch....
what i need is price to breake up again into 58 area.

who knows?
90% of traders use TA, indicators and prediction
  • #295,720
  • Dec 27, 2011 7:07am Dec 27, 2011 7:07am
Quoting _BBKing_
i went long 5616 at that 2nd touch....
what i need is price to breake up again into 58 area.

who knows?
damn 5800 area, we see
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