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Cable Update (GBPUSD)

  • #20,521
  • Jul 20, 2007 11:23am Jul 20, 2007 11:23am
Arrrg the SOB's shook me out of my geppy shorts this AM left a pile on the table there

got them on euppy but like geppy movement much better
"Millionaires don't use astrology, billionaires do"
  • #20,522
  • Jul 20, 2007 11:26am Jul 20, 2007 11:26am
Quoting Turtle
Then how can we know if we are at the top??????

Thoughts......
I agree, I have been placing longs all week but am flat now. Come Sunday though I plan on placing more buy stops.
  • #20,523
  • Edited 11:38am Jul 20, 2007 11:27am | Edited 11:38am
At this point, I have no idea where it is going, closing today's short for small profit to offset yesterday's short somewhat, and going long, it does not look dead yet, and I dont want to fight the trend, tight stop. Every time I went long I made good money, on shorts net not so lucky. Bottom line, NOBODY CAN PICK A TOP BEFORE IT HAPPENS.
  • #20,524
  • Jul 20, 2007 11:30am Jul 20, 2007 11:30am
Add to that, we just made ANOTHER new high today and the trend on the daily is still pointing up?????

It's almost like walking across a desert, you know that it will end....the question is when????
  • #20,525
  • Jul 20, 2007 11:33am Jul 20, 2007 11:33am
Quoting Turtle
It's almost like walking across a desert, you know that it will end....the question is when????

Great analogy LOL
"Millionaires don't use astrology, billionaires do"
  • #20,526
  • Jul 20, 2007 11:38am Jul 20, 2007 11:38am
Quoting OrionsWay
I think there is only 100 points maximum left in this before major correction on daily 0655 top top


I believe 100 pips will be the minimum, eh make it 120 pips.
  • #20,527
  • Jul 20, 2007 11:38am Jul 20, 2007 11:38am
Quoting wwwin
...and I dont want to fight the trend...
For sure, but every summer is the same... one direction. and correction.
  • #20,528
  • Jul 20, 2007 11:39am Jul 20, 2007 11:39am
Alot of buying in Cad aatm perhaps pregame warm up
"Millionaires don't use astrology, billionaires do"
  • #20,529
  • Jul 20, 2007 11:44am Jul 20, 2007 11:44am
Quoting Turtle
Add to that, we just made ANOTHER new high today and the trend on the daily is still pointing up?????

It's almost like walking across a desert, you know that it will end....the question is when????
This is looking like the Sahara right now
  • #20,530
  • Jul 20, 2007 11:50am Jul 20, 2007 11:50am
Quoting OrionsWay
Alot of buying in Cad aatm perhaps pregame warm up


Bottom seems to be in place after todays action in CAD, the front runner has spoken
"Millionaires don't use astrology, billionaires do"
  • #20,531
  • Jul 20, 2007 11:50am Jul 20, 2007 11:50am
nice game...
  • #20,532
  • Jul 20, 2007 11:52am Jul 20, 2007 11:52am
todays cable bar will close a hammer
"Millionaires don't use astrology, billionaires do"
  • #20,533
  • Jul 20, 2007 11:54am Jul 20, 2007 11:54am
Quoting OrionsWay
todays cable bar will close a hammer
Hope u r right, and not a shooting star. I have my stop set and will not move it. I am done thinking for the week
  • #20,534
  • Jul 20, 2007 11:54am Jul 20, 2007 11:54am
Quoting wwwin
This is looking like the Sahara right now
  • #20,535
  • Jul 20, 2007 11:56am Jul 20, 2007 11:56am
as we said in my mother tongue "patience is mother of prudence… "
  • #20,536
  • Jul 20, 2007 11:56am Jul 20, 2007 11:56am
the inverted kind
"Millionaires don't use astrology, billionaires do"
  • #20,537
  • Jul 20, 2007 11:58am Jul 20, 2007 11:58am
Quoting OrionsWay
the inverted kind
  • #20,538
  • Jul 20, 2007 11:59am Jul 20, 2007 11:59am
Quoting OrionsWay
ZOheir
thanks a lot for those +100 pips buddy ...
  • #20,539
  • Jul 20, 2007 12:00pm Jul 20, 2007 12:00pm
currently opening the next H4 candle... let's see...
  • #20,540
  • Jul 20, 2007 12:02pm Jul 20, 2007 12:02pm
Quoting zoheir
thanks a lot for those +100 pips buddy ...

Glad u nailed it


Maybe good for another yard next week keep an eye out
"Millionaires don't use astrology, billionaires do"
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