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Cable Update (GBPUSD)

  • #79,021
  • Jul 31, 2008 3:33am Jul 31, 2008 3:33am
Quoting abdon
Big move is coming, look at the Bollinger, but which way?
I suspect we are going down.
  • #79,022
  • Jul 31, 2008 3:37am Jul 31, 2008 3:37am
Dollar is holding at resistance on the yen. Just waiting for timing before move. Pound holding a support before going down. Waiting for a close below support line on 30 min before I sell though.
  • #79,023
  • Jul 31, 2008 3:47am Jul 31, 2008 3:47am
I have decided finally
usd index hit fibo 61.8 ratracement and gold find support near 900 then today should be usd sell off imo
Will buy all dips untill 9766 wont be cracked.
bearish engulfing on dollar index am i right ?
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  • #79,024
  • Jul 31, 2008 3:56am Jul 31, 2008 3:56am
The channel still valid???
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  • #79,025
  • Jul 31, 2008 3:58am Jul 31, 2008 3:58am
this is a gbp index interval daily
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  • #79,026
  • Jul 31, 2008 3:59am Jul 31, 2008 3:59am
Still holding my long...god I love how I dont use stop but let price tell me....

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  • #79,027
  • Jul 31, 2008 4:09am Jul 31, 2008 4:09am
The yellow arrow is called banks hitting stops...they need to make money braking previous candles low....and going below the 61.8 fibb and closing above lol...

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  • #79,028
  • Jul 31, 2008 4:17am Jul 31, 2008 4:17am
Big move in about 1-2 hours I suppose
  • #79,029
  • Jul 31, 2008 4:31am Jul 31, 2008 4:31am
Quoting Shermenator
The yellow arrow is called banks hitting stops...they need to make money braking previous candles low....and going below the 61.8 fibb and closing above lol...

Attachment
Yeah, i know these bastard they ripped many times
now i am smarter and always have order in spot like this instead of stop loss just in case lol.
  • #79,030
  • Jul 31, 2008 4:32am Jul 31, 2008 4:32am
Closed with 15 pips in long....I am tired I could care less if it shoots up 100 pips good night.....

Total for night 22....

This weeks so far 95....

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Good luck trading
  • #79,031
  • Jul 31, 2008 4:45am Jul 31, 2008 4:45am
Hi again

if cable go above 1.9879 i'll go long ....
  • #79,032
  • Jul 31, 2008 4:47am Jul 31, 2008 4:47am
Im short:
1,9829 t/p 1,9750
1,9825 t/p 1,9750
  • #79,033
  • Jul 31, 2008 4:54am Jul 31, 2008 4:54am
Double top on 5, 15, and 30 min doesn't look good for going long...
  • #79,034
  • Jul 31, 2008 4:57am Jul 31, 2008 4:57am
WTF!!!!! TWO days of ranging?
Don't Get Bitter, Get Better
  • #79,035
  • Jul 31, 2008 5:00am Jul 31, 2008 5:00am
USD - GDP numbers are being forecast to meet or exceed the 2.2% forecast. some people are calling it up to 2.5%.

Looks like a short, unless something comes out of left field...
  • #79,036
  • Jul 31, 2008 5:06am Jul 31, 2008 5:06am
price is still closing above 14ema hourly and momentum is rising
i stay with my longs.
  • #79,037
  • Jul 31, 2008 5:15am Jul 31, 2008 5:15am
Quoting NuB
WTF!!!!! TWO days of ranging?
I agree hopefully the next 45 min will offer some clues. This damn thing is flat!!!
  • #79,038
  • Jul 31, 2008 5:22am Jul 31, 2008 5:22am
Quoting sblank
I agree hopefully the next 45 min will offer some clues. This damn thing is flat!!!
flat
Attached Image
When life gives you lemons, make lemonade
  • #79,039
  • Jul 31, 2008 5:26am Jul 31, 2008 5:26am
OK Columbus
  • #79,040
  • Jul 31, 2008 5:28am Jul 31, 2008 5:28am
When life gives you lemons, make lemonade
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