Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#298,321
Jan 17, 2012 9:39am Jan 17, 2012 9:39am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

Horrible internet connection today for me but good for trading I see , short with sl but unable put tp before , price fell to limit level 5335 good & possible run pullback area while eu or gold also broke only 1st limits but not reach next like gu such as eu 2685, gold 1646 & so ok for more lows before pullback then gu , probable level 5324/16 /5297 . now see connection stable & so will manage it as per .
fontu

Not understand?better not follow my analyses!doubt clearer first, risks ++

#298,322
Jan 17, 2012 9:52am Jan 17, 2012 9:52am

Fudomyo
Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts

Quoting TauTrader

Disliked

Classic!

Remember Astroids and PacMan?

Sh*t - there's my age..

Regards

Ignored

yeah me too. I loved asteroids! it was good training for this job.

Quoting bguguen

Disliked

unfortunate for me i still got lots to learn so i needt he colours to tell me whats what...

Ignored

whatever works along the way is all good while you're learning.

my charts were much more festive in the beginning too.

one last chart. we need to clear this cluster before I short again. is a mine field.

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#298,323
Jan 17, 2012 9:58am Jan 17, 2012 9:58am

_BBKing_
Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts

Quoting Fudomyo

Disliked

yeah me too. I loved asteroids! it was good training for this job.

whatever works along the way is all good while you're learning.

my charts were much more festive in the beginning too.

Ignored

hello fudomyo,
sorry, i always ask you something but....
where did you find that "strenght indicator" seen in your mt4 chart some pages ago??!

90% of traders use TA, indicators and prediction

#298,324
Jan 17, 2012 10:13am Jan 17, 2012 10:13am

hutrader
| Joined Jan 2010 | Status: Trader | 648 Posts

I didn't had the feeling to trade today Cable so took on the Euro.
My Initial target for the longs where 1.2800 but got influenced by something.
Anyway, my initial target then was 2713 for the ride down. I had to go out and didn't set the TP. When I came home I closed manually.
Happy pips.

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#298,325
Jan 17, 2012 10:20am Jan 17, 2012 10:20am

_BBKing_
Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts

just sharing re-test of that line

+

re-touched back in m30-h1 and h4 chart in a fast move.

could mean 5480 supply is on cards.

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90% of traders use TA, indicators and prediction

#298,326
Jan 17, 2012 10:21am Jan 17, 2012 10:21am

honeybhi
Joined Mar 2009 | Status: Trader | 1,094 Posts

Quoting Fudomyo

Disliked

yeah me too. I loved asteroids! it was good training for this job.

whatever works along the way is all good while you're learning.

my charts were much more festive in the beginning too.

one last chart. we need to clear this cluster before I short again. is a mine field.

Ignored

Very imp level to watch out- 1.5340/50.

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#298,327
Jan 17, 2012 10:23am Jan 17, 2012 10:23am

hutrader
| Joined Jan 2010 | Status: Trader | 648 Posts

I say one thing here. Keep close eye in GU around the 5320~10 area if you think of long. That would be best I think.

#298,328
Jan 17, 2012 10:24am Jan 17, 2012 10:24am

_BBKing_
Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts

Quoting hutrader

Disliked

I didn't had the feeling to trade today Cable so took on the Euro.
My Initial target for the longs where 1.2800 but got influenced by something.
Anyway, my initial target then was 2713 for the ride down. I had to go out and didn't set the TP. When I came home I closed manually.
Happy pips.

Ignored

good for you.!

but personally im inclined to know your trading method, more than your total pips profits!

90% of traders use TA, indicators and prediction

#298,329
Jan 17, 2012 10:25am Jan 17, 2012 10:25am

TauTrader
Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts

Quoting Fudomyo

Disliked

yeah me too. I loved asteroids! it was good training for this job.

whatever works along the way is all good while you're learning.

my charts were much more festive in the beginning too.

one last chart. we need to clear this cluster before I short again. is a mine field.

Ignored

All good.

I placed a sell @ 1.5364 ( 50% line of last week). Will manage closely. I do not believe this leg down is complete yet. Will add @ 1.5380 with SL @1.5395 ( just above the upper level of the daily channel by low)

TP 1.5277?

Regards

#298,330
Jan 17, 2012 10:32am Jan 17, 2012 10:32am

GDR3k
Joined Mar 2011 | Status: Bullish Behavior | 3,182 Posts

Short @ 5355, TP @ 5313.

#298,331
Jan 17, 2012 10:37am Jan 17, 2012 10:37am

Mehrdadovic
| Joined Dec 2011 | Status: Number 10 | 74 Posts

GBPUSD H4 :

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#298,332
Jan 17, 2012 10:49am Jan 17, 2012 10:49am

Fudomyo
Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts

Quoting TauTrader

Disliked

All good.

I placed a sell @ 1.5364 ( 50% line of last week). Will manage closely. I do not believe this leg down is complete yet. Will add @ 1.5380 with SL @1.5395 ( just above the upper level of the daily channel by low)

TP 1.5277?

Regards

Ignored

S1 5277 would look good as a target if it clears the descending TL intersecting the DPP/Open area. this late in NY session I'm not sure though. they're back from lunch soon, so we may get better momentum. My personal strategy at this point would be to wait on NY close to set tomorrow's target.

#298,333
Edited 11:13am Jan 17, 2012 10:50am | Edited 11:13am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

Got time to see what actually happened , usdx bull intact or if even pudendal block/ forced abortion of the bull in try more correction up due & both cases immediate bull ok .broken before 81.16 & 81.20 & next need to break 81.28 for more .
while uj reacted at support 76.57 & may continue save big boss .

gu got a great support , previous low 5269 as potential reverse /end the 5th leg down in mofu but nothing great has happened yet & mofu does not even care all those waves or so & more & more to do before an actual reversal come forwards , otherwise continue down in the great channel still .
and certainly very important areas for it , break inner channel & pullback can be potential start next .carefull to the most till more clearer . next correction towards 5300 cretical for next reaction .
fontu

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Not understand?better not follow my analyses!doubt clearer first, risks ++

#298,334
Jan 17, 2012 10:53am Jan 17, 2012 10:53am

TauTrader
Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts

Quoting Fudomyo

Disliked

S1 5277 would look good as a target if it clears the descending TL intersecting the DPP/Open area. this late in NY session I'm not sure though. they're back from lunch soon, so we may get better momentum. My personal strategy at this point would be to wait on NY close to set tomorrow's target.

Ignored

Good day,

You are right.. better safe and wait. SL placed @ BE+2 - just in case.

Thanks

Regards

#298,335
Jan 17, 2012 10:54am Jan 17, 2012 10:54am

Fudomyo
Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts

Quoting honeybhi

Disliked

Very imp level to watch out- 1.5340/50.

Ignored

hi HB,

long time mate! happy new year!

hope your trades are going well.

yes I agree, watching it carefully.

#298,336
Jan 17, 2012 11:14am Jan 17, 2012 11:14am

honeybhi
Joined Mar 2009 | Status: Trader | 1,094 Posts

Quoting Fudomyo

Disliked

hi HB,

long time mate! happy new year!

hope your trades are going well.

yes I agree, watching it carefully.

Ignored

yeah its been a while.

Doing great bro.

Wishing you and everyone a great year ahead.

#298,337
Jan 17, 2012 11:29am Jan 17, 2012 11:29am

_BBKing_
Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts

guys sorry but... isn't it a long here 5350 area since it has gone 54 now trying to sit here 5340-50?

90% of traders use TA, indicators and prediction

#298,338
Jan 17, 2012 11:43am Jan 17, 2012 11:43am

Chanya
Joined Sep 2010 | Status: Trader | 1,122 Posts

Quoting Fudomyo

Disliked

yeah me too. I loved asteroids! it was good training for this job.

whatever works along the way is all good while you're learning.

my charts were much more festive in the beginning too.

one last chart. we need to clear this cluster before I short again. is a mine field.

Ignored

Bro , Would you mind telling me what indicator is that ? The one in the picture !

Human

#298,339
Edited 12:01pm Jan 17, 2012 11:45am | Edited 12:01pm

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

Quoting _BBKing_

Disliked

guys sorry but... isn't it a long here 5350 area since it has gone 54 now trying to sit here 5340-50?

Ignored

5354 limit breaks means the up wave over as further confirmation , correction to down the previous wave up or as a whole up move to decide next , stay belows as lows as next limit5335 & 5309 or low or bottom ok , 5327/23 supports there , just ma .
fontu

Not understand?better not follow my analyses!doubt clearer first, risks ++