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Cable Update (GBPUSD)

  • #302,381
  • Mar 6, 2012 8:56am Mar 6, 2012 8:56am
Downside breeches of the 1hr and 4hr/Daily ascending trend lines today and this daily candle -when closed could engulf yesterday's bulish hammer-esq candle if closes below it's open.

@/around current daily lo =

5754 76.4% 5681-5991
5752-47 prev minor 1hr sw hi zone incl 5749 = Daily S2 @/around

and immediately below here:

5732-26-19 prev 4hr/1hr sw lo zone & prev 4hr minor sw hi zone incl 5728 = 76.4% 5637-5991, and 5726 = 85.4% 5681-5991
5712 Monthly S1 @/around
5702/5697 2 x fibs = 38.2% 5234-5991 & 85.4% 5637-5991
5688-80 prev 1hr sw hi/lo zone incl 5681 = Weekly S2 @/around
5655-47-43 prev Dly/4hr/1hr sw lo zone / prev Dly/4hr sw hi zone
5628-22 prev 4hr minor sw hi zone (non immed)
5612 50% 5234-5991
5565 Weekly S3 @/around
5554-29 prev 4hr sw lo x 2 zone
5523 61.8% 5234-5991
5504 Monthly S2 @/around
5498-85 prev dly/4hr sw hi zone (non immed)
5456-48 prev minor 4hr sw lo zone
5413 76.4% 5234-5991

G/L
ex member
  • #302,382
  • Mar 6, 2012 8:57am Mar 6, 2012 8:57am
Thank's mate...

This risk of Trader when miscalculate...

Quoting Zircon
Will be fine.................
Quoting Zircon
Already hit it , I am sorry for that.
Always looking the GREAT, never left GOOD Point...
  • #302,383
  • Mar 6, 2012 9:03am Mar 6, 2012 9:03am
Quoting UbuFamily
LOL I love the cartoon!

anyway what is your long TP?
I stuck to the front of my Desk, to remind when Loss

Guess own...
Always looking the GREAT, never left GOOD Point...
  • #302,384
  • Mar 6, 2012 9:17am Mar 6, 2012 9:17am
Quoting Tsar
Thank's mate...

This risk of Trader when miscalculate...



Inserted Video



Enjoy
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #302,385
  • Mar 6, 2012 9:18am Mar 6, 2012 9:18am
Quoting bbmac
Downside breeches of the 1hr and 4hr/Daily ascending trend lines today and this daily candle -when closed could engulf yesterday's bulish hammer-esq candle if closes below it's open.

@/around current daily lo =

5754 76.4% 5681-5991
5752-47 prev minor 1hr sw hi zone incl 5749 = Daily S2 @/around

and immediately below here:

5732-26-19 prev 4hr/1hr sw lo zone & prev 4hr minor sw hi zone incl 5728 = 76.4% 5637-5991, and 5726 = 85.4% 5681-5991
5712 Monthly S1 @/around
5702/5697 2 x fibs = 38.2% 5234-5991 & 85.4%...
I see...
just a difference in just a few Pips... Cable in Lower 1.5747 - my Broker.

Thank's so much
Always looking the GREAT, never left GOOD Point...
  • #302,386
  • Mar 6, 2012 10:26am Mar 6, 2012 10:26am
Quoting Tsar
I see...
just a difference in just a few Pips... Cable in Lower 1.5747 - my Broker.

Thank's so much
Really Strongest Bearish...
Always looking the GREAT, never left GOOD Point...
  • #302,387
  • Mar 6, 2012 10:34am Mar 6, 2012 10:34am
Quoting Tsar
Really Strongest Bearish...
Really ur not in short?


If skills could be acquired by watching, every dog would be a butcher. Turk
  • #302,388
  • Mar 6, 2012 10:36am Mar 6, 2012 10:36am
happy trade then next....
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #302,389
  • Mar 6, 2012 10:37am Mar 6, 2012 10:37am
Quoting Tsar
I see...
just a difference in just a few Pips... Cable in Lower 1.5747 - my Broker.

Thank's so much
whats the trend now ?
going up ? or still down ?
i know we eventually will be together
  • #302,390
  • Mar 6, 2012 10:53am Mar 6, 2012 10:53am
go up gbp
i know we eventually will be together
  • #302,391
  • Mar 6, 2012 10:54am Mar 6, 2012 10:54am
Depends on how you guage trend and on what t/f's you are looking.

I would argue that there is a mixture of classic and general overall price action-peak/valley analysis down trend to 4hr (4hr has now seen 2 x LH and a LL whilst Daily is ranging by the same measure/analysis - after the 5991 H out of it's recent 5927-5634 range it is now back in that rabge off that false 1st b/o of it.

G/L

Quoting smart boy
whats the trend now ?
going up ? or still down ?
ex member
  • #302,392
  • Mar 6, 2012 10:55am Mar 6, 2012 10:55am
are you nursing a lonnnnnnnnng position ?
-------------------------------

Monthly S1 / Daily S3 at current daily lo and price is @ 160% of it's 20 day atr.

G/L

Quoting smart boy
go up gbp
ex member
  • #302,393
  • Mar 6, 2012 10:56am Mar 6, 2012 10:56am
Quoting Zircon
Really ur not in short?


Of Course Short again... LOL

The first Closed @ 1.5776 ...too early
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-03-05_H1 GU Chart Strongest Bearish.jpg Size: 335 KB
Always looking the GREAT, never left GOOD Point...
  • #302,394
  • Edited 12:18pm Mar 6, 2012 10:59am | Edited 12:18pm
Quoting smart boy
whats the trend now ?
going up ? or still down ?
I was told in Above... Strongest Bearish !
Always looking the GREAT, never left GOOD Point...
  • #302,395
  • Mar 6, 2012 11:20am Mar 6, 2012 11:20am
Quoting Faller
If 1.5825 gives up then look to 1.5780 for support.....then 1.5761 then 1.5729 then support at 1.5648

Good call Faller.....
I don't trust any move - when you have profit...take it.
  • #302,396
  • Mar 6, 2012 11:28am Mar 6, 2012 11:28am
pure luck!
Attached Image (click to enlarge)
Click to Enlarge Name: pure luck.gif Size: 14 KB
{Promotion Removed}
  • #302,397
  • Mar 6, 2012 12:06pm Mar 6, 2012 12:06pm
I'm done... Closed the Trade.

So tired and need go Sleep

G/L
Always looking the GREAT, never left GOOD Point...
  • #302,398
  • Mar 6, 2012 12:29pm Mar 6, 2012 12:29pm
Quoting forexpert310
pure luck!

the entry may have been lucky but after that point luck has nothing to do with it..

great trade
  • #302,399
  • Mar 6, 2012 1:25pm Mar 6, 2012 1:25pm
Quoting egkid

Hi bro hope all good
If we didn't see 1.5770 next 24h I will review my short Plan
I got sell since yesterday@5970
PA now 1.5715
That why i sell there , I closed early because risking more on euro and ranging for long time
At least my view was right

GL guys
  • #302,400
  • Mar 6, 2012 1:57pm Mar 6, 2012 1:57pm
Quoting egkid
PA now 1.5715
That why i sell there , I closed early because risking more on euro and ranging for long time
At least my view was right

GL guys
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