Hi
Changed my pending 16900 buy long
Just want to catch these suckers on my terms for a change
Changed my pending 16900 buy long
Just want to catch these suckers on my terms for a change
Cable Update (GBPUSD)
thanks but 1.6250 is too big target i guess,because price has to break all the daily pivot resistance levels and go.
She can kiss one of those lines ranging from 16265 to 16320...
Chart attached here
- #333,266
- Jan 8, 2013 12:35am Jan 8, 2013 12:35am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
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- #333,267
- Jan 8, 2013 12:39am Jan 8, 2013 12:39am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
We are coming back down from retesting the TL.
Looking for signs to bounce back up from below
It could be crunch time this week, a direction could become clearer
Come with me if you want to live....
- #333,268
- Jan 8, 2013 12:42am Jan 8, 2013 12:42am
We are coming back down from retesting the TL.
Looking for signs to bounce back up from below
see the chart i have attached i think we have tested the TL and we are going up.
p.s i am not always correct its just my prediction
- #333,269
- Jan 8, 2013 12:50am Jan 8, 2013 12:50am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
i think the trendline u have in 1d chart is wrong,
see the chart i have attached i think we have tested the TL and we are going up.
p.s i am not always correct its just my prediction
I also expect it to be breached northwards (hence holding my buy) since I see the valid weekly trendline below which is still supporting price.
In short, it's just a trendline, and like rules, I think it will be broken
But wait and see...
Come with me if you want to live....
- #333,270
- Jan 8, 2013 1:01am Jan 8, 2013 1:01am
- | Joined Aug 2011 | Status: Trader | 2,640 Posts
thats a good entry,i took long at 1.6120 and now price is at 1.6100.Hope it rises up.
I jumped the gun,should have stuck to my plan entering lower down
all good,small trade less risk
It just takes longer when you get things wrong
- #333,271
- Jan 8, 2013 1:36am Jan 8, 2013 1:36am
- Joined Jan 2010 | Status: Trader | 10,268 Posts
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- #333,273
- Jan 8, 2013 1:50am Jan 8, 2013 1:50am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #333,274
- Jan 8, 2013 1:53am Jan 8, 2013 1:53am
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- #333,275
- Jan 8, 2013 1:56am Jan 8, 2013 1:56am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
i'm online in 5minutes to share my ideas on EU GU Egbp GOLD at this link
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12 minutes each one.
no subscription required, it's just pure technical analysis and chat interaction.
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- #333,276
- Jan 8, 2013 1:57am Jan 8, 2013 1:57am
- Joined Jan 2010 | Status: Trader | 10,268 Posts
I see you've moved your TL down mate..
the Longer term trendline as you can see on the GBPUSD happen to confluence with EMA200 of the Daily and EMA55 of the Weekly... That one is the line of which i believe the strongest support would occur....
Given the fact Daily chart and H4 chart RSI is also showing further space for the GBPUSD to fall before entering oversold zone....
Sooo 2 Trendlines... The Upward Trendline of which we broken at 1.6100-ish and got a retest thats looking like a rejection...
and the Longer term Upward Trendline of which we have yet to test it down at 1.5930-ish area....
PS. i guess i did the right thing warning you last friday on that Short at 1.60 you did....
i kinda hinted that NFP might screw your short last friday...
thank god you listened....
but my aussie buddy.... ive said countless times that if my system gives out a Divergence Signal on the Daily... The Target is to aim 1st TP at the Daily EMA55 then 2nd TP at the Daily EMA200... 1st TP done, if we manage to get a weekly close below Daily EMA 55, Daily EMA 200 is next
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- #333,277
- Jan 8, 2013 2:05am Jan 8, 2013 2:05am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
im being serious bro... this is the chart i still have and look at the confluence....
DAILY EMA 200
WEEKLY EMA 55
FIBO 23% retracement....
I swear to god there are BIG BIG Orders there that might interest the banks to get it filled...
it is ultimately my target for where the GBPUSD is to drop to ATLEAST.....
Look at the yellow arrow i put to show where those confluence i was talking bout.
https://dl.dropbox.com/u/52561775/Fo...22012.0333.gif
lol...
Come with me if you want to live....
- #333,278
- Jan 8, 2013 2:07am Jan 8, 2013 2:07am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
PS. i guess i did the right thing warning you last friday on that Short at 1.60 you did....
i kinda hinted that NFP might screw your short last friday...
thank god you listened....
Come with me if you want to live....
- #333,279
- Jan 8, 2013 2:19am Jan 8, 2013 2:19am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #333,280
- Jan 8, 2013 2:24am Jan 8, 2013 2:24am
- Joined Jan 2010 | Status: Trader | 10,268 Posts
Yeah ok mate, ok...
lol...
also i realized teh uptrend line was flawed if looking at higher TFs... :/
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