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Cable Update (GBPUSD)

  • #36,601
  • Oct 22, 2007 4:59am Oct 22, 2007 4:59am
They did not make me the Chairman of Fed for nothing...

I can smell the market

told you about 2.0434 and my target is hit...

Though its oversold at this moment.
Anyway. Going out.
  • #36,602
  • Oct 22, 2007 4:59am Oct 22, 2007 4:59am
Back to the triangle, flag whatever.
.
  • #36,603
  • Oct 22, 2007 5:01am Oct 22, 2007 5:01am
Quoting Bernanke_Sr
They did not make me the Chairman of Fed for nothing...

I can smell the market

told you about 2.0434 and my target is hit...

Though its oversold at this moment.
Anyway. Going out.
you dirty.
If I Go Broke Trying Then I Will die happy.
  • #36,604
  • Oct 22, 2007 5:03am Oct 22, 2007 5:03am
look at this m.f. drop baby, don't stop there, boy i hope nobody went long above 470, this shit might get ugly.
If I Go Broke Trying Then I Will die happy.
  • #36,605
  • Oct 22, 2007 5:05am Oct 22, 2007 5:05am
so we have 1-2-3 reversal trade on 10 mins and 1hr....
Attached Image (click to enlarge)
Click to Enlarge Name: ej.jpg Size: 26 KB
  • #36,606
  • Oct 22, 2007 5:05am Oct 22, 2007 5:05am
Oversold overbought
Oversold overbought
Oversold overbought
Oversold overbought
Oversold overbought
Oversold overbought
Oversold overbought
Oversold overbought
Oversold overbought

.
  • #36,607
  • Oct 22, 2007 5:07am Oct 22, 2007 5:07am
Quoting bullrock
Back to the triangle, flag whatever.
back to it's upside for another test @ 420 and the small H&S target @ 390

we sill see if it go beyond this
  • #36,608
  • Oct 22, 2007 5:07am Oct 22, 2007 5:07am
O come on wanted to catch the drop, fell asleep just 1 h, now i have to stay with the drop to catch the reverse, pfff, at least i hope it goes down alot so i can catch a good fibo retrace.
Risk Less in the next transaction after a Win.
  • #36,609
  • Oct 22, 2007 5:08am Oct 22, 2007 5:08am
Quoting benssol
back to it's upside for another test @ 420 and the small H&S target @ 390

we sill see if it go beyond this
If yes I am gonna jump out of the window....
.
  • #36,610
  • Oct 22, 2007 5:09am Oct 22, 2007 5:09am
Quoting madalin
O come on wanted to catch the drop, fell asleep just 1 h, now i have to stay with the drop to catch the reverse, pfff, at least i hope it goes down alot so i can catch a good fibo retrace.
You could do a liitle airplane from paper. Write on it FIBO RETRACE. Ask someone to throw it for you. And then try to catch it.
.
  • #36,611
  • Oct 22, 2007 5:11am Oct 22, 2007 5:11am
Quoting bullrock
You could do a liitle airplane from paper. Write on it FIBO RETRACE. Ask someone to throw it for you. And then try to catch it.
LOL <<<<----- oh God I can't stop laughing!!!
  • #36,612
  • Oct 22, 2007 5:11am Oct 22, 2007 5:11am
I just went long at 0424 *Thinking what will happen?
"Invest With The Insiders, Not The Masses" George Muzea
  • #36,613
  • Oct 22, 2007 5:12am Oct 22, 2007 5:12am
Quoting jest1081
so we have 1-2-3 reversal trade on 10 mins and 1hr....
nice spot but it's perfect entry was @ 465
  • #36,614
  • Oct 22, 2007 5:15am Oct 22, 2007 5:15am
Quoting jest1081
anyway, im just indicating that price might retest recent high (or rally lower) before moving down again...its already trading in the lower borders of the channel, indicating weakening momentum...
I think i had it nicely planned for today...cheers to all. (rolls down the curtain)
  • #36,615
  • Oct 22, 2007 5:15am Oct 22, 2007 5:15am
Quoting Qu|cksilver
I just went long at 0424 *Thinking what will happen?
i hope this thing holds because I am long too...
  • #36,616
  • Oct 22, 2007 5:18am Oct 22, 2007 5:18am
Quoting buangcla
i hope this thing holds because I am long too...
Yup, hopefully. Looking at 15min chart candle open above 0420 for me good sign to go long.
"Invest With The Insiders, Not The Masses" George Muzea
  • #36,617
  • Oct 22, 2007 5:20am Oct 22, 2007 5:20am
Quoting bullrock
You could do a liitle airplane from paper. Write on it FIBO RETRACE. Ask someone to throw it for you. And then try to catch it.
Nee not so good at origami

Benssol, "nice spot but it's perfect entry was @ 465 "

hopw was that a good spot, best spot for long is now )
Risk Less in the next transaction after a Win.
  • #36,618
  • Oct 22, 2007 5:23am Oct 22, 2007 5:23am
Quoting benssol
nice spot but it's perfect entry was @ 465
well i did take partial profit at 460..lol i had it short since 499, it was pretty clear to me that when it broke below the 500, the next rally will proly see a stone wall at 500 (psychological barrier)....the 1-2-3 was already in sight before it became clear.

Thanks buddy! Hope to hear from you again man...
  • #36,619
  • Oct 22, 2007 5:26am Oct 22, 2007 5:26am
I don't get it.

I just don't get it...

All of a sudden, dollar is the market's sweetheart.

No

I don't get it.
  • #36,620
  • Oct 22, 2007 5:32am Oct 22, 2007 5:32am
Quoting jest1081
well i did take partial profit at 460..lol i had it short since 499, it was pretty clear to me that when it broke below the 500, the next rally will proly see a stone wall at 500 (psychological barrier)....the 1-2-3 was already in sight before it became clear.

Thanks buddy! Hope to hear from you again man...
wow, that's a great entry not just perfect


shiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiit
it drop again, now this is the complete target for the H&S
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