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Cable Update (GBPUSD)

  • #90,861
  • Oct 9, 2008 1:40pm Oct 9, 2008 1:40pm
Quoting eohater
that's the million dollar question that everyone wants to know....the current top that I'm looking for is the 1h 62ema. we'll have dips between now and then, like right now I'm expecting it to go up to the 35sma on the 15m and then go back towards today's low.

Think i was smart to go short there... +18pips and still going
  • #90,862
  • Oct 9, 2008 1:42pm Oct 9, 2008 1:42pm
Quoting peulthai
Think i was smart to go short there... +18pips and still going
very smart. if you haven't noticed, typically everyday during the US Session around 2-2:30 EST, she will retreat back the the previous low or high that she just came off of.
Just digging in the trenches like everyone else!
  • #90,863
  • Oct 9, 2008 1:48pm Oct 9, 2008 1:48pm
Quoting eohater
very smart. if you haven't noticed, typically everyday during the US Session around 2-2:30 EST, she will retreat back the the previous low or high that she just came off of.
Yeah........

Just picked up +35!

EO.....check your PM!

HOLLA
  • #90,864
  • Oct 9, 2008 1:49pm Oct 9, 2008 1:49pm
Quoting Turtle
Yeah........

Just picked up +35!

EO.....check your PM!

HOLLA
Good job! You see what I was talking about don't you?
Just digging in the trenches like everyone else!
  • #90,865
  • Oct 9, 2008 1:53pm Oct 9, 2008 1:53pm
Quoting eohater
Good job! You see what I was talking about don't you?
yep......starting to gain more knowledge.....:nerd:

Let me know about that PM.

HOLLA
  • #90,866
  • Oct 9, 2008 1:55pm Oct 9, 2008 1:55pm
Quoting Turtle
yep......starting to gain more knowledge.....:nerd:

Let me know about that PM.

HOLLA
go check your pm
Just digging in the trenches like everyone else!
  • #90,867
  • Oct 9, 2008 1:58pm Oct 9, 2008 1:58pm
Quoting peulthai
Think i was smart to go short there... +18pips and still going
Did you close yet? Remember this is near the end of US Session. I wouldn't be expecting a major move.
Just digging in the trenches like everyone else!
  • #90,868
  • Oct 9, 2008 2:23pm Oct 9, 2008 2:23pm
Quoting eohater
Did you close yet? Remember this is near the end of US Session. I wouldn't be expecting a major move.
And she falls another 50pips since I typed this....
Just digging in the trenches like everyone else!
  • #90,869
  • Oct 9, 2008 2:28pm Oct 9, 2008 2:28pm
Quoting eohater
And she falls another 50pips since I typed this....
i almost ent short b4 this move down but was thinking session is dead..when i turn away the bitch comes alive..
  • #90,870
  • Oct 9, 2008 2:29pm Oct 9, 2008 2:29pm
Quoting eohater
And she falls another 50pips since I typed this....
And then bounce 30 pips.......

HOLLA
  • #90,871
  • Oct 9, 2008 2:37pm Oct 9, 2008 2:37pm
Quoting eohater
And she falls another 50pips since I typed this....

.........................

Dont know how best to celebrate this good time...

Eohater......... am heading out for a drink!
  • #90,872
  • Oct 9, 2008 2:38pm Oct 9, 2008 2:38pm
Quoting peulthai
.........................

Dont know how best to celebrate this good time...

Eohater......... am heading out for a drink!
Good job!
Just digging in the trenches like everyone else!
  • #90,873
  • Oct 9, 2008 2:40pm Oct 9, 2008 2:40pm
Good idea to long ?
  • #90,874
  • Oct 9, 2008 2:40pm Oct 9, 2008 2:40pm
Quoting eohater
Good job!
bearish diverence on 30 minute chart..that what did it! ..
  • #90,875
  • Oct 9, 2008 2:43pm Oct 9, 2008 2:43pm
If you guys will look back in time there was resistance at this level in1995, 1996, and 1997.Just looks to me like there MAY BE some nice support in this area but who knows.It was also good support in 2005.Food for thought thats all!!!
Please ask questions and share your experiences with us all!
  • #90,876
  • Oct 9, 2008 2:44pm Oct 9, 2008 2:44pm
Quoting mlambole
Good idea to long ?
you sure u wanna trade right now? market is pretty nuts
  • #90,877
  • Oct 9, 2008 2:47pm Oct 9, 2008 2:47pm
U right I'll probably sit on the sidelines for a while...
  • #90,878
  • Oct 9, 2008 2:49pm Oct 9, 2008 2:49pm
Quoting mlambole
U right I'll probably sit on the sidelines for a while...
i'm just sitting here watching and i don't see any solid signals. the DOW dropping like a rock right now too is going to be messing the USD value too and it's tough to say HOW it will affect it.

i have made a few "good" trades today based on my signals and they haven't faired too well so i'm on the sidelines now...
  • #90,879
  • Oct 9, 2008 2:57pm Oct 9, 2008 2:57pm
what im finding incredible and it totally making feel like im out of my depth is :

this thing is breaking every support even monthly and weekly supports are taken out with ease...its nuts
  • #90,880
  • Oct 9, 2008 2:59pm Oct 9, 2008 2:59pm
Quoting nAVIN2007
what im finding incredible and it totally making feel like im out of my depth is :

this thing is breaking every support even monthly and weekly supports are taken out with ease...its nuts
Yep, this is what happens when fear hits the streets!!!

HOLLA
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