"what doesn't bankrupt me, makes me stronger" modern nietzche
Cable Update (GBPUSD)
- #68,043
- May 28, 2008 7:49am May 28, 2008 7:49am
- | Membership Revoked | Joined Mar 2005 | 4,703 Posts
who jinxed cable?
it was crazy horse i swear 
If I Go Broke Trying Then I Will die happy.
- #68,045
- May 28, 2008 7:51am May 28, 2008 7:51am
From the low of 1.9362:
swing 1 up to 1.9622
swing 2 down to 1.9452
swing 3 up to 1.9717
swing 4 down to 1.9612
swing 5 up to 1.9847
in Elliott wave theory, after 5 swings, any market is due for a counter trend move retracing the 5 swings .........
Cable could easely come back 50% to 1.9600 area
AND Cable may reach 2.04/2.06 in a wave C in 5 major swings and this 5 minor swings structure is no. 1 major.
Now down for no. 2.
- #68,047
- May 28, 2008 7:53am May 28, 2008 7:53am
- Joined Apr 2007 | Status: Trader | 2,387 Posts
well i dont know about u but im closing my short
"what doesn't bankrupt me, makes me stronger" modern nietzche
- #68,048
- May 28, 2008 7:54am May 28, 2008 7:54am
- | Membership Revoked | Joined Mar 2005 | 4,703 Posts
well i dont know about u but im closing my short
If I Go Broke Trying Then I Will die happy.
- #68,049
- May 28, 2008 7:56am May 28, 2008 7:56am
- Joined Apr 2007 | Status: Trader | 2,387 Posts
"what doesn't bankrupt me, makes me stronger" modern nietzche
- #68,050
- May 28, 2008 7:56am May 28, 2008 7:56am
- | Membership Revoked | Joined Mar 2005 | 4,703 Posts
If I Go Broke Trying Then I Will die happy.
- #68,051
- May 28, 2008 7:58am May 28, 2008 7:58am
- | Joined Dec 2007 | Status: Senior Member | 1,461 Posts
same old bullshit, the only way to trade this pair these days is try to catch the high or low of the day and ride it for 100+ pips
Trading is 80% Emotional, 20% Technical
- #68,053
- May 28, 2008 7:59am May 28, 2008 7:59am
same old bullshit, the only way to trade this pair these days is try to catch the high or low of the day and ride it for 100+ pips
Keep Learning and you'll get what you want...
- #68,054
- May 28, 2008 8:01am May 28, 2008 8:01am
- | Membership Revoked | Joined Mar 2005 | 4,703 Posts
we can't even break 9700 what a fucking joke 
, im going to the office later guys 
, im going to the office later guys If I Go Broke Trying Then I Will die happy.
- #68,055
- May 28, 2008 8:04am May 28, 2008 8:04am
- | Joined Aug 2006 | Status: Trader | 1,355 Posts
im not in no trade, my shorts was pull up i mean was close yesterday.
Longs still have support at 1.9706 4H 200 sma and 1.9696 the 1H 200 sma, cable needs to cross that to see some selling pressure...
Getting it right is NOT as important as not getting it wrong.
- #68,056
- May 28, 2008 8:06am May 28, 2008 8:06am
- | Membership Revoked | Joined Mar 2005 | 4,703 Posts
Still in shorts, it's not the moment to do anything, sitting on my hands and waiting for the market to do its stuff.
Longs still have support at 1.9706 4H 200 sma and 1.9696 the 1H 200 sma, cable needs to cross that to see some selling pressure...
If I Go Broke Trying Then I Will die happy.
- #68,058
- May 28, 2008 8:09am May 28, 2008 8:09am
- Joined Apr 2007 | Status: Trader | 2,387 Posts
Still in shorts, it's not the moment to do anything, sitting on my hands and waiting for the market to do its stuff.
Longs still have support at 1.9706 4H 200 sma and 1.9696 the 1H 200 sma, cable needs to cross that to see some selling pressure...
dollar is pretty strong and still that aint enough to kick cable down
"what doesn't bankrupt me, makes me stronger" modern nietzche
- #68,059
- May 28, 2008 8:13am May 28, 2008 8:13am
- Joined Apr 2007 | Status: Trader | 2,387 Posts
"what doesn't bankrupt me, makes me stronger" modern nietzche
- #68,060
- May 28, 2008 8:16am May 28, 2008 8:16am
- | Membership Revoked | Joined Mar 2005 | 4,703 Posts
If I Go Broke Trying Then I Will die happy.