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Cable Update (GBPUSD)

  • #2,901
  • Dec 21, 2006 11:15am Dec 21, 2006 11:15am
Quoting Monarch
I think Katz may be a thread scalper.
I would hope anyone who makes a post in any thread would plan on staying there for long term!
I'm here for the long term in this thread. Or have I missed something?
I'd like to learn how to see things in a bigger picture, thats why I'm here. You, fixme1too and many others makes a good job. Thank you for that.
  • #2,902
  • Dec 21, 2006 11:17am Dec 21, 2006 11:17am
Glad to hear that!



Monarch

Quoting katzenhai2
I'm here for the long term in this thread. Or have I missed something?
I'd like to learn how to see things in a bigger picture, thats why I'm here.
  • #2,903
  • Dec 21, 2006 11:17am Dec 21, 2006 11:17am
[quote=Mama007][quote=monarch]With all due respect Mama007, I have no advice to give you.
Dont be silly !!!- I did not lose any money on your ideas and input. I make my own decisions and I just love the input from you and others like Moneymaster on this forum. It helps me a lot in my trading so keep the thoughts and ideas coming - you guys are great. I am learning and growing as a trader !! A BIG THANK YOU!!
mama
  • #2,904
  • Dec 21, 2006 11:20am Dec 21, 2006 11:20am
Thanx MoneyMa$ter and Cesarnc
  • #2,905
  • Dec 21, 2006 11:21am Dec 21, 2006 11:21am
Quoting katzenhai2
I'm here for the long term in this thread. Or have I missed something?
I'd like to learn how to see things in a bigger picture, thats why I'm here. You, fixme1too and many others makes a good job. Thank you for that.
Work your 4-hrs chart, drawing the channels. I don't know about your system, but my system keeps the drawing whatever the timeframe... So if you draw in the 4hrs, you'll have a close-up in shorter timeframes...

This is being all about recognizing the pattern and going along with it, until it's broken... ok?
  • #2,906
  • Dec 21, 2006 11:22am Dec 21, 2006 11:22am
Is it possible to post an updated chart like you did on the 2784 posts.

I have no charts in front of me this week, and I am only trading on what is being said here on the thread, and of course on what I have been expecting to happen on the weekly.

Monarch


Quoting cesarnc
What Monarch says and what I am doing now is trading within this CHANNEL formed since last high.

See chart and post #2784. Try to draw this channel (blue) in your 4-hrs charts and go trading "having the channel's boundaries in mind". Do the same with last week session to have a mirror...

You don't have to place a long-term trade within the channel. Just go scalping its phases... little up, big down, so forth....

Got it?
  • #2,907
  • Dec 21, 2006 11:23am Dec 21, 2006 11:23am
I think I deserve another nice boost up, don't I Santa?

I was a good boy this year
  • #2,908
  • Dec 21, 2006 11:23am Dec 21, 2006 11:23am
Quoting monarch
Is it possible to post an updated chart like you did on the 2784 posts.

I have no charts in front of me this week, and I am only trading on what is being said here on the thread, and of course on what I have been expecting to happen on the weekly.

Monarch
i'm on it
  • #2,909
  • Dec 21, 2006 11:27am Dec 21, 2006 11:27am
Kudos for everyone and thanks to all...now back to business.

Stage is set: we expect cable to wind up around 9640ish between now and 00:00 GMT, then shorting cable to a TP of 9490ish on Friday.

Questions, comments, fears, criticisms, worries? Hearing none, presumably all hearts and minds are clear and I'm outta here. Holla back later tonight.
  • #2,910
  • Dec 21, 2006 11:29am Dec 21, 2006 11:29am
Have a good one Money

Monarch

Quoting MoneyMa$ter
Kudos for everyone and thanks to all...now back to business.

Stage is set: we expect cable to wind up around 9640ish between now and 00:00 GMT, then shorting cable to a TP of 9490ish on Friday.

Questions, comments, fears, criticisms, worries? Hearing none, presumably all hearts and minds are clear and I'm outta here. Holla back later tonight.
  • #2,911
  • Dec 21, 2006 11:30am Dec 21, 2006 11:30am
Click to enlarge

http://i2.photobucket.com/albums/y28/cesarnc/dec21.jpg
  • #2,912
  • Dec 21, 2006 11:33am Dec 21, 2006 11:33am
Wow, the chart helps clear my mind, even though I have no mind left.

This baby is looking good, you can see the direction more clearly with the charts. LOL

Thanks,

Monarch

Quoting cesarnc
Click to enlarge

http://i2.photobucket.com/albums/y28/cesarnc/dec21.jpg
  • #2,913
  • Dec 21, 2006 11:34am Dec 21, 2006 11:34am
hehehe... Ain't this a beauty, so far?!?

Quoting monarch
Wow, the chart helps clear my mind, even though I have no mind left.

This baby is looking good, you can see the direction more clearly with the charts. LOL

Thanks,

Monarch
  • #2,914
  • Dec 21, 2006 11:44am Dec 21, 2006 11:44am
Long here for a bounce, see if 9600 will hold, if not out ASAP.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #2,915
  • Dec 21, 2006 11:49am Dec 21, 2006 11:49am
Quoting Turveyd
Long here for a bounce, see if 9600 will hold, if not out ASAP.
looks like a nice place to be... excluding insanity (always observing at the door), 9600 may act as a support since was an important resistance few hours ago...

P.S. - Still carring my revolver, just in case
  • #2,916
  • Dec 21, 2006 11:53am Dec 21, 2006 11:53am
Quoting cesarnc

P.S. - Still carring my revolver, just in case
Bad idea, cuz the market will end up doing something erratic and make you want to go postal haha I dont think your neighbors would enjoy seeing you go crazy that much either
I dream, therefore I become.
  • #2,917
  • Dec 21, 2006 12:01pm Dec 21, 2006 12:01pm
Quoting mike w
Bad idea, cuz the market will end up doing something erratic and make you want to go postal haha I dont think your neighbors would enjoy seeing you go crazy that much either
No, the revolver is to shoot the computer so I'll make sure the exit
  • #2,918
  • Dec 21, 2006 12:03pm Dec 21, 2006 12:03pm
good idea, guess ill buy one too haha
I dream, therefore I become.
  • #2,919
  • Dec 21, 2006 12:11pm Dec 21, 2006 12:11pm
Quoting 4x_Trader
M out I call it a day! $360 not bad for my 2 lots....
Good call there, I also did the same. Looked like a push up from last night. and lost energy when it hite resistance. Shorted and made some pips.

Market looks like hover around this low for awhile. Possible tommorrow a day for Long and bounce back just like today.
  • #2,920
  • Dec 21, 2006 12:12pm Dec 21, 2006 12:12pm
What you think?

I'm getting aware of a possible 5min chart "head & shoulder" to be formed until 2000 GMT, that would mean a long side-way movement until tomorow GMT morning... What you say?

In this case I may get off at 9620... well, about now..
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