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Cable Update (GBPUSD)

  • #27,461
  • Aug 29, 2007 3:10am Aug 29, 2007 3:10am
Ops!!! UPWARD!!!
"Invest With The Insiders, Not The Masses" George Muzea
  • #27,462
  • Aug 29, 2007 3:10am Aug 29, 2007 3:10am
I am Long on Cable.
  • #27,463
  • Aug 29, 2007 3:10am Aug 29, 2007 3:10am
Quote
llok like pound shooting UP! UP! UP! AND UP!

huuummmuummmm
Hello World!
  • #27,464
  • Aug 29, 2007 3:10am Aug 29, 2007 3:10am
Quoting Qu|cksilver
next 10-15 mins i think we will see big move downwards..
you meeaann. like this one?
  • #27,465
  • Aug 29, 2007 3:15am Aug 29, 2007 3:15am
i will try to short at 0078... lets see if pound will go down..
"Invest With The Insiders, Not The Masses" George Muzea
  • #27,466
  • Aug 29, 2007 3:17am Aug 29, 2007 3:17am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting Qu|cksilver
i will try to short at 0078... lets see if pound will go down..
I saw H&S on 1min chart...

"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #27,467
  • Aug 29, 2007 3:17am Aug 29, 2007 3:17am
u see they dont know, nobody knows (they are on drugs) but 960 was 61.80, this whole upmovement, and since we dont make new lows like 5555, this means to me, that cable and euro are still bulish...but what do i know...
its just money
  • #27,468
  • Aug 29, 2007 3:28am Aug 29, 2007 3:28am
Quoting de123
u see they dont know, nobody knows (they are on drugs) but 960 was 61.80, this whole upmovement, and since we dont make new lows like 5555, this means to me, that cable and euro are still bulish...but what do i know...
My tp has been taken out for shorts and reversed position so I am bullish now...
.
  • #27,469
  • Aug 29, 2007 3:46am Aug 29, 2007 3:46am
i think its still near to short
  • #27,470
  • Aug 29, 2007 3:47am Aug 29, 2007 3:47am
bon jovi from the favela of Darwen Lancashire, home of the missing link and the largest rat population in the UK...

Sun is shining and I got a nice bounce from under 2.00 this morning

Looking at the simple 1 month 15 min chart I don't see any reason why 0133
isnt doable (lovely word doable - sounds like schweinhund)...

But will it drop back to 2 first or carry on without a rest ?

cautious and putting on a rare tight s/l

which always cost me money but its necessary here...
  • #27,471
  • Aug 29, 2007 3:49am Aug 29, 2007 3:49am
Quoting Qu|cksilver
i will try to short at 0078... lets see if pound will go down..

- me too
  • #27,472
  • Aug 29, 2007 3:50am Aug 29, 2007 3:50am
Quoting allserene
I don't see any reason why 0133
I see. A trendline up there. Cable is back inside of a triangle in the 4hr.

Best trades will come from a breakout of this triangle. Inside of it, scalper's paradise.
  • #27,473
  • Aug 29, 2007 3:54am Aug 29, 2007 3:54am
Close above .0039 on H1 and im going long.
  • #27,474
  • Aug 29, 2007 3:54am Aug 29, 2007 3:54am
I still insist that this is one of the worst weeks, the week is moving zigzag since it started
  • #27,475
  • Aug 29, 2007 3:58am Aug 29, 2007 3:58am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
A Descending Triangle formation on 1min chart?
"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #27,476
  • Aug 29, 2007 3:58am Aug 29, 2007 3:58am
I don't think it's the worst, maybe the fastest to get some money
With the increased volatility, just reduce the timeframe used and it will be fine... or not
  • #27,477
  • Aug 29, 2007 4:01am Aug 29, 2007 4:01am
Quoting pino2
I still insist that this is one of the worst weeks, the week is moving zigzag since it started
I agree.. Its a week where when u have a profit.. grab and run like hell or it will be given back to the market in the next minute.
  • #27,478
  • Aug 29, 2007 4:02am Aug 29, 2007 4:02am
Quoting pino2
I still insist that this is one of the worst weeks, the week is moving zigzag since it started
you tell me... dow futures: +25

And European stocks are paring losses of the open. Slowly, Europe is starting to show they don't give a rat's ass about US problems.....
  • #27,479
  • Aug 29, 2007 4:08am Aug 29, 2007 4:08am
Again pictures are not lying to us. Now is good possibility to go short.
Attached File(s)
File Type: zip chart 29.08.zip   81 KB | 264 downloads
  • #27,480
  • Aug 29, 2007 4:17am Aug 29, 2007 4:17am
Quoting Ronald15
Again pictures are not lying to us. Now is good possibility to go short.
Ronald.. is there any possibilities to NOT compress (zip) ur pic??
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