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Cable Update (GBPUSD)

  • #332,301
  • Dec 11, 2012 1:17pm Dec 11, 2012 1:17pm
Quoting Freshpips
I sincerley hope not!

Are you long or sidelined Nav?

im short still..but beginning to think im f&%%^ed!!

it just keeps rising regardless..
  • #332,302
  • Dec 11, 2012 3:30pm Dec 11, 2012 3:30pm
Quoting _BBKing_
hello,
no have not channel... or better i have... but i don't know how to upload videos from other sources. lol
anyway just serach "webinar by "scramble" and should appear...
see you later
Gotcha !!!
  • #332,303
  • Dec 11, 2012 3:38pm Dec 11, 2012 3:38pm
Quoting nAVIN2007
im short still..but beginning to think im f&%%^ed!!

it just keeps rising regardless..
These Fcukers come in Waves , and as of right now we are on the 50+ hrs demand wave(with 2300 minutes left ..) Until we get a bigger wave to challenge it , gotta Pivot and ride or else !!!!

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  • #332,304
  • Dec 11, 2012 3:40pm Dec 11, 2012 3:40pm
Might look for a dip - 1 hr demand..
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  • #332,305
  • Dec 11, 2012 3:56pm Dec 11, 2012 3:56pm
i see bull scenario
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The market was bullish, turned bearish, and you'are brokish!!!
  • #332,306
  • Dec 11, 2012 5:29pm Dec 11, 2012 5:29pm
Quoting FXThug
i see bull scenario
Hi mate,

If i'm not mistaken, your entry is at about the resistance mate. care to share in detail why long there?
  • #332,307
  • Dec 11, 2012 5:34pm Dec 11, 2012 5:34pm
i think 4h fiber is currently forming the right shoulder of the H&S pattern (where ~1.315 is the right shoulder), if that pattern valid, perhaps cable might go down together with fiber later..

*will post my chart when i get back to my computer, i'm currently on linux.
  • #332,308
  • Dec 11, 2012 5:36pm Dec 11, 2012 5:36pm
Daily says long
  • #332,309
  • Dec 11, 2012 5:42pm Dec 11, 2012 5:42pm
Quoting alex1976
Daily says long
you dont say....

tbh gbpusd looks topped out at 20 level, possible abandoned baby forming on the 4h , potentiall double top also forming as well, i think a move backdown to 80 is in order before continuing on its merry way up..
  • #332,310
  • Dec 11, 2012 6:07pm Dec 11, 2012 6:07pm
Quoting Resent
you dont say....

tbh gbpusd looks topped out at 20 level, possible abandoned baby forming on the 4h , potentiall double top also forming as well, i think a move backdown to 80 is in order before continuing on its merry way up..
Hey folks, look we got ourselves a new smartness. Please send me you crystal ball when u get a chance, tks mate
  • #332,311
  • Dec 11, 2012 6:23pm Dec 11, 2012 6:23pm
possible H&S?
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  • #332,312
  • Dec 11, 2012 6:27pm Dec 11, 2012 6:27pm
Quoting alex1976
Hey folks, look we got ourselves a new smartness. Please send me you crystal ball when u get a chance, tks mate
You both right - for sure the daily is bullish but the 20/30 is going to be tough to break. I see a pull back to 80 area which is first daily support on my chart before moving up. But who knows this thing has a mind of its own lol.
  • #332,313
  • Dec 11, 2012 6:32pm Dec 11, 2012 6:32pm
Quoting A-speculator
possible H&S?
if this pattern valid, i think it will drag down cable quite a lot.. imho.
  • #332,314
  • Dec 11, 2012 6:34pm Dec 11, 2012 6:34pm
Chart
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  • #332,315
  • Dec 11, 2012 6:34pm Dec 11, 2012 6:34pm
Quoting C345
You both right - for sure the daily is bullish but the 20/30 is going to be tough to break. I see a pull back to 80 area which is first daily support on my chart before moving up. But who knows this thing has a mind of its own lol.
yeah, quite a support at 6040-6060 area..
  • #332,316
  • Dec 11, 2012 6:58pm Dec 11, 2012 6:58pm
Cable seems to be in ping pong mode, with squish squash
Come with me if you want to live....
  • #332,317
  • Dec 11, 2012 7:03pm Dec 11, 2012 7:03pm
Quoting Ill-b-back
Cable seems to be in ping pong mode, with squish squash
patience mate..
  • #332,318
  • Dec 11, 2012 7:07pm Dec 11, 2012 7:07pm
Quoting A-speculator
patience mate..
Indeed

I'm not at my charts thank God

Back to work, see you mate
Come with me if you want to live....
  • #332,319
  • Dec 11, 2012 7:11pm Dec 11, 2012 7:11pm
Quoting Ill-b-back
Indeed

I'm not at my charts thank God

Back to work, see you mate
perhaps we might see some move in the next hour (in the new 4h candle)
  • #332,320
  • Dec 11, 2012 7:33pm Dec 11, 2012 7:33pm
http://www.forexfactory.com/attachme...5&d=1355271828
Quoting A-speculator
possible H&S?
I never seen more confused trader.
For every lagging indicator multiple errors and your chart is a typical loser chart.
Get real kid! If you can't see the trend S/R zones on clear chart you will never make it as a trader with 20+indicators.
Your chart is an embarrassment.
In trading, you have to be defensive and aggressive at the same time
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