looks like cable is building momentum for a strong bearish movement
Cable Update (GBPUSD)
- #54,522
- Feb 18, 2008 6:11pm Feb 18, 2008 6:11pm
- Joined Apr 2007 | Status: Trader | 2,387 Posts
If that is what you see good for both of us bro!
"what doesn't bankrupt me, makes me stronger" modern nietzche
- #54,523
- Edited 6:16pm Feb 18, 2008 6:13pm | Edited 6:16pm
i think at this point im just lying to myself to feel comfortable because its really really unclear.
PS: "hakuna matata" Salah k it looks like London Bridge is falling down again....
- #54,524
- Feb 18, 2008 6:16pm Feb 18, 2008 6:16pm
- Joined Apr 2007 | Status: Trader | 2,387 Posts
"what doesn't bankrupt me, makes me stronger" modern nietzche
- #54,526
- Feb 18, 2008 6:33pm Feb 18, 2008 6:33pm
Cable pause @ 1.9471 (76.4% retrace of 1.9386-1.9740 upleg) where sustained fall would eventually revisit my target 1.9445 (Feb 12 low) all the way down to 1.9386 (Feb 07 low).In the meantime, last Fri's 1.9575 low have reverted to resistance to cap intraday upside!
- #54,527
- Edited 7:04pm Feb 18, 2008 6:49pm | Edited 7:04pm
- | Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts
still waiting for cable run above 1,97.
cable has been smashed cause subprime trouble but sunday we got a great report and cable kept falling.... wth...
also seen this in the past, it falls, falls, ("after a good report") then it finds a support area and make a big jump up.
even 3rd world currencies are rising fast against usd.
will be cable not able to do it?
cable has been smashed cause subprime trouble but sunday we got a great report and cable kept falling.... wth...
also seen this in the past, it falls, falls, ("after a good report") then it finds a support area and make a big jump up.
even 3rd world currencies are rising fast against usd.
will be cable not able to do it?
- #54,528
- Feb 18, 2008 6:55pm Feb 18, 2008 6:55pm
Cable pause @ 1.9471 (76.4% retrace of 1.9386-1.9740 upleg) where sustained fall would eventually revisit my target 1.9445 (Feb 12 low) all the way down to 1.9386 (Feb 07 low).In the meantime, last Fri's 1.9575 low have reverted to resistance to cap intraday upside!
cable might retrace for a while?
b4 continuing to south? visiting your target....
hope you give cable some snack when visiting...
Never Give Up.....
- #54,529
- Feb 18, 2008 6:57pm Feb 18, 2008 6:57pm
haiya.....
cable might retrace for a while?
b4 continuing to south? visiting your target....
hope you give cable some snack when visiting...
On the day, buying orders at 1.9470 by an Asian name will provide support and selling orders at 1.9540 by a US Prime will dictate the range this session.
- #54,530
- Feb 18, 2008 7:02pm Feb 18, 2008 7:02pm
On the day, buying orders at 1.9470 by an Asian name will provide support and selling orders at 1.9540 by a US Prime will dictate the range this session.
i see a double pipes in M30 and doji in H1 on my chart...
Never Give Up.....
- #54,532
- Feb 18, 2008 7:16pm Feb 18, 2008 7:16pm
Once again it seems you bypass some of important posts in this thread I already outline my info w/ chart included for justification of my strategy very simple and yet profitable!
, do you mind pointing me in the right direction?TIA
Darkness lies one inch ahead..
- #54,534
- Feb 18, 2008 7:22pm Feb 18, 2008 7:22pm
Went thru the summaries of your 360 posts and couldn't see anything like that
TIA
- #54,535
- Feb 18, 2008 7:41pm Feb 18, 2008 7:41pm
Hey TJ I have my analysis and trade call there but if you want my system M afraid M not going to divulge it to you and beside I highly suggest that you have to make your own system and trading plan w/c will fit w/ your personality of trading style...Happy trading bro!
Darkness lies one inch ahead..
- #54,536
- Edited 7:45pm Feb 18, 2008 7:42pm | Edited 7:45pm
Hi Lessy,
Sorry to ask fool question, Just Newbie, What does it mean if there are 'double pipes in M30 and doji in H1 '?? What will happen? Go up or down?
Thanks
remerber this: we all learning here... ok..
double pipes mean previous candle have same high and same low in different direction. both candle make tall candle... it usually as a reversal pattern.. not always....
and doji could make a reversal too, although it's medium reliability reversal.
so.... don't worry for asking... i've learn much more from this thread...
theres many good trader have a good ability in this thread... you can learn from them...
good luck buddy..
Never Give Up.....
- #54,537
- Feb 18, 2008 7:48pm Feb 18, 2008 7:48pm
- Joined Apr 2007 | Status: Trader | 2,387 Posts
"what doesn't bankrupt me, makes me stronger" modern nietzche
- #54,539
- Feb 18, 2008 7:55pm Feb 18, 2008 7:55pm
- Joined Apr 2007 | Status: Trader | 2,387 Posts
Patience......patience....is the name of the game I learned it from one of the Experts his name Jesse Livermore aka "Boy Plunger"
i cant take it anymore common cable brake 19450 already.
"what doesn't bankrupt me, makes me stronger" modern nietzche
- #54,540
- Feb 18, 2008 8:02pm Feb 18, 2008 8:02pm
i ran out of patience i need like some kind of tranquilizer or sedative or something.
i cant take it anymore common cable brake 19450 already.
Never Give Up.....