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Cable Update (GBPUSD)

  • #381
  • Nov 30, 2006 9:50am Nov 30, 2006 9:50am
Quoting enoc2g
quick it hink ur right this is the most vicious trend ive ever seen so far on cable, not even a freakin retracement...
if you notice, these day pattern of cable had been similar to end of july til early august of this year, going up for more than 700 point in 9 days strike.
  • #382
  • Nov 30, 2006 9:50am Nov 30, 2006 9:50am
Quoting jimo
any idea
up again or not...?
Try outside bar on daily for reversal
  • #383
  • Nov 30, 2006 9:57am Nov 30, 2006 9:57am
or u just use daily candlestick..if the daily bar close low 2 0r 3 in a row with abnormal volatility..just get out..rite now the green bull in control with 3-4 up bar..
  • #384
  • Nov 30, 2006 10:00am Nov 30, 2006 10:00am
I just pull my trigger.. so everybody i wish you all good luck
"Invest With The Insiders, Not The Masses" George Muzea
  • #385
  • Nov 30, 2006 10:01am Nov 30, 2006 10:01am
Quoting Qu|cksilver
I just pull my trigger.. so everybody i wish you all good luck
whats your trade?
  • #386
  • Nov 30, 2006 10:02am Nov 30, 2006 10:02am
Quoting Qu|cksilver
I just pull my trigger.. so everybody i wish you all good luck

good luck!!
  • #387
  • Nov 30, 2006 10:02am Nov 30, 2006 10:02am
Exit long, and Short now



Quoting m00jiman
whats your trade?
"Invest With The Insiders, Not The Masses" George Muzea
  • #388
  • Nov 30, 2006 10:04am Nov 30, 2006 10:04am
Quoting shahfx
Try outside bar on daily for reversal
Hi shahfx,

What do u mean by outside bar??

Thanks!!
  • #389
  • Nov 30, 2006 10:05am Nov 30, 2006 10:05am
Quoting Qu|cksilver
Exit long, and Short now

Almost 80% of the time market will reverse itself between 1100 to 1230
  • #390
  • Nov 30, 2006 10:07am Nov 30, 2006 10:07am
Quoting c1ro
Hi shahfx,

What do u mean by outside bar??

Thanks!!
look at 17/11/06..
  • #391
  • Nov 30, 2006 10:07am Nov 30, 2006 10:07am
very bad day for me lost 100 pip in 1 hr
  • #392
  • Nov 30, 2006 10:09am Nov 30, 2006 10:09am
Quoting shahfx
look at 17/11/06..

if u have time..try to check it since 1987-u will be suprise of its accuracy

sorry for my english
  • #393
  • Nov 30, 2006 10:09am Nov 30, 2006 10:09am
Jeepers............Cable just bounced off a fib that I never knew was there. I wonder what the air is like up there
Eish! If you don't fly with the eagles you'll scratch with the turkeys
  • #394
  • Nov 30, 2006 10:12am Nov 30, 2006 10:12am
Quoting Qu|cksilver
Cable just break 1.9600.. What do you think? can the price move for another 60 pip today?
19677 and climbing, wonder how high wil it go and will it stay there today?
  • #395
  • Nov 30, 2006 10:16am Nov 30, 2006 10:16am
very bad # (under 50) from Chicago PMI
  • #396
  • Nov 30, 2006 10:17am Nov 30, 2006 10:17am
close to 9700 now! so much for the retrace! I got burned several times in my short FX career trying to pick tops and especially on cable and this time it can be futile.

having closed a long in last 15mins or so is prudent but going short already may not be...

I myself will wait for signs of a proper reversal (eg. PB on daily) before going short on this one
Consistency and patience is everything
  • #397
  • Nov 30, 2006 10:17am Nov 30, 2006 10:17am
Quoting Tatton
19677 and climbing, wonder how high wil it go and will it stay there today?
Einstein called it momentum and Gil Blake named it one penny rule
  • #398
  • Nov 30, 2006 10:19am Nov 30, 2006 10:19am
Quoting shahfx
Einstein called it momentum and Gil Blake named it one penny rule
yeah well thats why i havent closed my longs on gdpusd and eurusd .. im up quite a few pips
  • #399
  • Nov 30, 2006 10:20am Nov 30, 2006 10:20am
What is the next resistance? is there any blocking the road towards $2?

If not, I guess there's only price action to provide guidance
Consistency and patience is everything
  • #400
  • Nov 30, 2006 10:22am Nov 30, 2006 10:22am
I think It broke it all! I see 2.0 in near future
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