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- dobbie11 replied Jul 15, 2009
Ok Rock, is she going up now or is 325 a target to maybe go long ?
Cable Update (GBPUSD)
- dobbie11 replied Jul 15, 2009
lets play a game — Forex Binary : Who thinks it will hit 430 first or will it hit 350 first , I say 350 first.
Cable Update (GBPUSD)
- dobbie11 replied Jul 15, 2009
Not picking tops or bottoms either I am reading patterns, EW, PA, FIBS, S&R levels and so on.
Cable Update (GBPUSD)
- dobbie11 replied Jul 15, 2009
I am not disrespecting anyone. Just explaining what I am seeing. if someone else see something different that is fine. I have been trading for 4 years and I am not disagreeing to fib levels I am just saying that the pound will sometimes run buy it ...
Cable Update (GBPUSD)
- dobbie11 replied Jul 15, 2009
I was looking at the hourly chart which shows a window
Cable Update (GBPUSD)
- dobbie11 replied Jul 15, 2009
Well reading the dow and its candles are much different then reading the forex. But the dow looks like it is trying to close its window, which is at 8364-65 and if that holds it may come down. Keep in mind that the forex patterns and candles are ...
Cable Update (GBPUSD)
- dobbie11 replied Jul 15, 2009
Plus the pound is know for just breaking fib levels, highs or lows and channels and reversing on a dime, weather it is long or short.
Cable Update (GBPUSD)
- dobbie11 replied Jul 15, 2009
Swing traders may disagree, but I think it is forming a bearish wedge and if u look at the last several months after the correction up which is the first wave A, we are in the corrective wave of A. The at 1.58xx is (a) the last high1.67xx is (b), we ...
Cable Update (GBPUSD)
- dobbie11 replied Jul 15, 2009
ready to sell — Looking like a sell to me at 430 - 450 and back down to 6070. Aggressive SL 485, Conservative SL 550. Still a good ratio. Happy trading.
Cable Update (GBPUSD)
- dobbie11 replied Jul 14, 2009
If 275 is not broken then look for 370 to 410 to sell. We have a possibility of 2 different patterns forming here. A bearish wedge , which it would go to 410 or a contracting triangle and it would go to 370 if 275 is not broken. If 275 is broken ...
Cable Update (GBPUSD)
- dobbie11 replied Jul 13, 2009
buy — Look for a buy at 6130 - 6100 and a tp at the 6280-6320 level. Good Luck all closed my long at 190 from 6050. We still have to complete this move up and then down again and then another move up before this comes down to the 1.5400 area. ...
Cable Update (GBPUSD)
- dobbie11 replied Jul 13, 2009
I have been trading for 4 years and the less u have to look at the better off u r. What if they conflict. do u take the trade. PA is the way to go. with maybe one or 2 indicators of ur choice. Use S&R Levels and Fibs. But it all comes down to what u ...
Cable Update (GBPUSD)
- dobbie11 replied Jul 13, 2009
I have read on it and went to the main site, but it has not convinced me, to many variables. But to each there own as they say. If it works for u it works. But u r correct about price going up. I called that last night at 2am est last night.
Cable Update (GBPUSD)
- dobbie11 replied Jul 13, 2009
volume ???? — I am very curious about u folks that use the VSA ( volume ). Since the forex is unlike the stock market, it does not have a central hub. So the volume is only read from ur broker, which means if u use FXDD and I use FXPRO we will ...
Cable Update (GBPUSD)
- dobbie11 replied Jul 13, 2009
ok i was off by 2 - 3 pips, i was short at 121. already close ( 088 ) just cause I was bored.
Cable Update (GBPUSD)
- dobbie11 replied Jul 13, 2009
who is going to sell at 125 - 130 and take a fast 20 to 30 pips before the move up to 190.
Cable Update (GBPUSD)
- dobbie11 replied Jul 13, 2009
As long as u can read the charts who give a s**t , right ?
Cable Update (GBPUSD)