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Cable Update (GBPUSD)

  • #1,361
  • Dec 12, 2006 5:03am Dec 12, 2006 5:03am
Quoting fixme1too
pulled trigger. if i am wrong i did good on the long and will wait at mid 9700's for fall down we could very well hit 50% on the 5 wave on the daily chart first. Man just be careful. cable does not stop mid stride like this i am trading on price action right now
u mean cable will go up till 9700's then fall down??
  • #1,362
  • Dec 12, 2006 5:37am Dec 12, 2006 5:37am
LOL you amaze me.
Set up a yahoo acct and yahoo msg. I will be home 12hrs from now. Private msg me on FF with your yahoo id and we will talk tonight.


Quoting c1ro
u mean cable will go up till 9700's then fall down??
  • #1,363
  • Dec 12, 2006 5:45am Dec 12, 2006 5:45am
Quoting fixme1too
LOL you amaze me.
Set up a yahoo acct and yahoo msg. I will be home 12hrs from now. Private msg me on FF with your yahoo id and we will talk tonight.
seen ur PM??
  • #1,364
  • Dec 12, 2006 6:05am Dec 12, 2006 6:05am
Seems like the market is waiting for US Data. It is around no where now and I need some pips to make up the stupid loss I made http://www.forexfactory.com/forexfor...ons/icon10.gif
  • #1,365
  • Dec 12, 2006 6:07am Dec 12, 2006 6:07am
Sorry my bad http://www.forexfactory.com/forexfor...ons/icon10.gif
  • #1,366
  • Dec 12, 2006 6:22am Dec 12, 2006 6:22am
I Hit sl big time on my yesterday. Now indicator show up so i just hang on the indicator decision as a good trend follower that i am. Even if my guts say something else...
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #1,367
  • Dec 12, 2006 6:32am Dec 12, 2006 6:32am
Quoting fixme1too
pulled trigger. if i am wrong i did good on the long and will wait at mid 9700's for fall down we could very well hit 50% on the 5 wave on the daily chart first. Man just be careful. cable does not stop mid stride like this i am trading on price action right now
are you still short? going to stay short through the news?
Eish! If you don't fly with the eagles you'll scratch with the turkeys
  • #1,368
  • Dec 12, 2006 6:35am Dec 12, 2006 6:35am
This is kinda spooking me. I didn't open my platform until late today, usually I am up for the London open but I overslept. All indicators are powerful up, and there's squat on the chart. I should be kicking myself all over the room for having slept through, but here I am waiting for an entry.

Wierd.

AFF
FOREX = 21st century alchemy.
  • #1,369
  • Dec 12, 2006 7:00am Dec 12, 2006 7:00am
The funny in this situation is the feeling that the market would start ranging within 300 pips just after I shut the computer down and go do something else

Quoting afemi94ce
This is kinda spooking me. I didn't open my platform until late today, usually I am up for the London open but I overslept. All indicators are powerful up, and there's squat on the chart. I should be kicking myself all over the room for having slept through, but here I am waiting for an entry.

Wierd.

AFF
  • #1,370
  • Dec 12, 2006 7:39am Dec 12, 2006 7:39am
So a good trade balance report for the US is good for the GBP? The market is officially nuts! *LOL* Most are waiting for the ol interest rate news at 2:15 PM today I suppose.
Show me the PIPS!
  • #1,371
  • Dec 12, 2006 7:47am Dec 12, 2006 7:47am
still long...waiting for 9700....hehe
  • #1,372
  • Dec 12, 2006 7:48am Dec 12, 2006 7:48am
Quoting titikokatiting
still long...waiting for 9700....hehe
Have a nice chair? :

I got all indicators telling me to do the same. Go for 9700. But the way the market is fighting the 9640 is bothering me. Letting me clueless.. Plus the lack of volume....
  • #1,373
  • Dec 12, 2006 7:52am Dec 12, 2006 7:52am
Quoting tathlynq
So a good trade balance report for the US is good for the GBP? The market is officially nuts! *LOL* Most are waiting for the ol interest rate news at 2:15 PM today I suppose.
That news is at 7.15pm GMT
mama
  • #1,374
  • Dec 12, 2006 7:54am Dec 12, 2006 7:54am
yup, the chair is soft and smooth...hehe


Quoting cesarnc
Have a nice chair? :
  • #1,375
  • Dec 12, 2006 8:27am Dec 12, 2006 8:27am
After days in the hourly chart, EMA's are crossing. Other indicators are bullish. But I still see a huge fight at 9640. No clue about whether it is going to be broken or not...


http://i2.photobucket.com/albums/y28/cesarnc/dec-12.jpg

What do you say / what would you do?
  • #1,376
  • Dec 12, 2006 8:27am Dec 12, 2006 8:27am
What do you guys think will break this 3rd time tested 9640s? Not enough volume to pass through it.
  • #1,377
  • Dec 12, 2006 8:32am Dec 12, 2006 8:32am
I got all indicators telling me to do the same. Go for 9700. But the way the market is fighting the 9640 is bothering me. Letting me clueless.. Plus the lack of volume....[/quote]

They used to say ' trade what you see..'

still long...TP 9840....
Shah For every action there is an equal and opposite reaction.....
  • #1,378
  • Dec 12, 2006 8:36am Dec 12, 2006 8:36am
whhooohhh..nice..9671..heading for 61.8 fib.. 9698.... hehe
  • #1,379
  • Dec 12, 2006 8:38am Dec 12, 2006 8:38am
Quoting Panjan

They used to say ' trade what you see..'

still long...TP 9840....

Thanks Panjan. Those little phrases hold wisdom. Looks like a push over 9640 now. As "what I see" was trying to tell me...
  • #1,380
  • Dec 12, 2006 8:47am Dec 12, 2006 8:47am
the 2nd fib of vegas is 9684, anyone thinks its gonna retrace there... anyone waiting for a short position there?
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