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Cable Update (GBPUSD)

  • #322,941
  • Aug 29, 2012 3:00am Aug 29, 2012 3:00am
G/M,

38.2% of yesterday's pullback off 5703 , 50sma-1hr, and the Daily Pivot at the current daily lo...Yesterday's Daily candle printing a hammer-esq candle on the pullback off said 5703 lo. Can the bulls build on this Daily candle for an upside follow thru beyond 5909 ?

Current near-term 1hr screenshot below.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 105 KB
ex member
  • #322,942
  • Aug 29, 2012 3:01am Aug 29, 2012 3:01am
Quoting nAVIN2007
Nav where is GBP heading. down south again.
  • #322,943
  • Aug 29, 2012 3:04am Aug 29, 2012 3:04am
http://www.forexfactory.com/attachme...0&d=1346209699

intraday : here
bigger tf : here

*** not a call

Quoting katejackson
maybe it could make a flag pattern
not euphoria follower
  • #322,944
  • Aug 29, 2012 3:07am Aug 29, 2012 3:07am
Quoting Nachiket
Nav where is GBP heading. down south again.

Down South Again.......love it!

Inserted Video
I don't trust any move - when you have profit...take it.
  • #322,945
  • Aug 29, 2012 3:08am Aug 29, 2012 3:08am
long first !!!! but then big downside.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 257 KB
  • #322,946
  • Aug 29, 2012 3:16am Aug 29, 2012 3:16am
Quoting redbeben
sell now ?

1.5800-5795 and below ?



what next ?

I'll post if I see anything like 30-40 pips moves.less is not important
  • #322,947
  • Aug 29, 2012 3:30am Aug 29, 2012 3:30am
yesterday's Hi - a H on 4hr came above the last LH on that t/f as price found buy the dip demand at 5703 lo. Significant ? ie more upside more likely ?

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 49 KB
ex member
  • #322,948
  • Aug 29, 2012 3:32am Aug 29, 2012 3:32am
Quoting Nachiket
Nav where is GBP heading. down south again.

u know me buddy..up man!!
  • #322,949
  • Aug 29, 2012 3:35am Aug 29, 2012 3:35am
Quoting nAVIN2007
u know me buddy..up man!!
i change positions as fast as I change my underwear
  • #322,950
  • Aug 29, 2012 3:38am Aug 29, 2012 3:38am
Quoting bbmac
yesterday's Hi - a H on 4hr came above the last LH on that t/f as price found buy the dip demand at 5703 lo. Significant ? ie more upside more likely ?

G/L
YES IT IS !
look at daily candel !
Attached Image (click to enlarge)
Click to Enlarge Name: Immagine.jpg Size: 123 KB
  • #322,951
  • Aug 29, 2012 3:42am Aug 29, 2012 3:42am
looking for bat after gartley ?
Quoting Nick35
YES IT IS !
look at daily candel !
not euphoria follower
  • #322,952
  • Aug 29, 2012 3:45am Aug 29, 2012 3:45am
Quoting NewbTrader7
i change positions as fast as I change my underwear

well some keep underwear for a while
  • #322,953
  • Aug 29, 2012 3:45am Aug 29, 2012 3:45am
Quoting iqyu5an
looking for bat after gartley ?

  • #322,954
  • Aug 29, 2012 3:46am Aug 29, 2012 3:46am
sold EU @1.2565

TP1 1.2525
TP2 1.2500
TP3 1.2474
  • #322,955
  • Aug 29, 2012 3:50am Aug 29, 2012 3:50am
Quoting nAVIN2007
well some keep underwear for a while
dirty boys.... lol

moved my stop loss to b/e on this long. if she keeps going higher, cool with me. If not, it was free......weeeeee....hopefully +pips, todays my bday!
  • #322,956
  • Aug 29, 2012 3:50am Aug 29, 2012 3:50am

http://www.forexfactory.com/attachme...3&d=1346229483

setup
Quoting Nick35

not euphoria follower
  • #322,957
  • Aug 29, 2012 3:50am Aug 29, 2012 3:50am
i got the index chart working again...usd to me is going to fall

pound index is bulllish

cable will go up!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable11.gif Size: 51 KB
Click to Enlarge Name: cable10.gif Size: 47 KB
  • #322,958
  • Aug 29, 2012 3:54am Aug 29, 2012 3:54am
Quoting nAVIN2007
u know me buddy..up man!!
One could make that case bro. I still think we can hit 6xxx area before the big guns dump this hard. But I really thought/think it would test the breakout at 5730ish first. Maybe not....
Attached Image (click to enlarge)
Click to Enlarge Name: GU_8_12.PNG Size: 66 KB
Ghost Rider - WWTBMD?
  • #322,959
  • Aug 29, 2012 3:55am Aug 29, 2012 3:55am
Quoting NewbTrader7
dirty boys.... lol

moved my stop loss to b/e on this long. if she keeps going higher, cool with me. If not, it was free......weeeeee....hopefully +pips, todays my bday!

stay long u will get paid
  • #322,960
  • Aug 29, 2012 3:56am Aug 29, 2012 3:56am
Quoting nAVIN2007
i got the index chart working again...usd to me is going to fall

pound index is bulllish

cable will go up!
I downloaded Sig yesterday too. But I shut it down as the both the USDX and EURX didn't agree (candle wise) with the Forex LTD. So I wasn't sure if I could trust the GBPX...???
Ghost Rider - WWTBMD?
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