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Cable Update (GBPUSD)

  • #90,361
  • Oct 6, 2008 2:36am Oct 6, 2008 2:36am
Quoting eohater
thoughts?
well DAM!!!
now you got my whole vibe all screwed up with that chart.
i think i see what you are seeing.
broken chanel and chanel top becoming support.

AND!!! that broken chanel top was before NFEC on friday. so we can't blame it one news.
  • #90,362
  • Oct 6, 2008 2:40am Oct 6, 2008 2:40am
Quoting dakrusha
no i think it's I that misunderstood.
I read your entry as 7574.
but i will say this about your 7474 entry.
Often once we break a 00 area (e.g. breaking 1.7500 down to 1.7475) it's very common to see it return to 1.752x before it continues south.
SOOOO
if you set your entry at 7474 dont be surprised to see -40 or so before you see profit.

that not ALL the time, but it happens a lot.
sorry for the mix up.http://www.forexfactory.com/images/icons/icon7.gif
I will wait with it - I do not have to do it - I will await the pullback -
Jesus Christ is my only Lord !
  • #90,363
  • Oct 6, 2008 2:40am Oct 6, 2008 2:40am
Quoting dakrusha
well DAM!!!
now you got my whole vibe all screwed up with that chart.
i think i see what you are seeing.
broken chanel and chanel top becoming support.

AND!!! that broken chanel top was before NFEC on friday. so we can't blame it one news.
I don't think we will go to the top of the channel...I think we're just resting in the middle support of the channel ready for a nice pull back to the 5sma and then headed back south with a stronger push....
Just digging in the trenches like everyone else!
  • #90,364
  • Oct 6, 2008 2:44am Oct 6, 2008 2:44am
now does she go back down within the next 15min and test the current low?
Just digging in the trenches like everyone else!
  • #90,365
  • Oct 6, 2008 2:46am Oct 6, 2008 2:46am
Quoting eohater
I don't think we will go to the top of the channel...I think we're just resting in the middle support of the channel ready for a nice pull back to the 5sma and then headed back south with a stronger push....
dam that is my second error. i guess i got too much sleep cuz i'm still tired.
i saw the middle line as the top of the chanel. UGH!!!
ok i'm going to bed before i screw up royally!!.

have a great night.

c ya'll in the AM with $$ in hand! :0D
  • #90,366
  • Oct 6, 2008 2:55am Oct 6, 2008 2:55am
Quoting dakrusha
dam that is my second error. i guess i got too much sleep cuz i'm still tired.
i saw the middle line as the top of the chanel. UGH!!!
ok i'm going to bed before i screw up royally!!.

have a great night.

c ya'll in the AM with $$ in hand! :0D
See ya in the morning!
Just digging in the trenches like everyone else!
  • #90,367
  • Oct 6, 2008 3:00am Oct 6, 2008 3:00am
What about this one?

R

Quoting eohater
thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 17 KB
  • #90,368
  • Oct 6, 2008 3:03am Oct 6, 2008 3:03am
Long at 1.7578...
Just digging in the trenches like everyone else!
  • #90,369
  • Oct 6, 2008 3:09am Oct 6, 2008 3:09am
Quoting Rocroy
What about this one?

R

Attachment
WOW...I haven't looked at a 5m chart in a while...looks like she could just keep dribbling her ass right down the resistance you have drawn...
Just digging in the trenches like everyone else!
  • #90,370
  • Oct 6, 2008 3:10am Oct 6, 2008 3:10am
Quoting eohater
Long at 1.7578...
What is your SL ?
  • #90,371
  • Oct 6, 2008 3:13am Oct 6, 2008 3:13am
Quoting gagakrimba
What is your SL ?
1.7525
Just digging in the trenches like everyone else!
  • #90,372
  • Oct 6, 2008 3:21am Oct 6, 2008 3:21am
Quoting eohater
1.7525
broke your SL aready.
  • #90,373
  • Oct 6, 2008 3:21am Oct 6, 2008 3:21am
Quoting eohater
Long at 1.7578...
Well that sucked...oh well...off to bed to see everyone during the US Session...
Just digging in the trenches like everyone else!
  • #90,374
  • Oct 6, 2008 3:22am Oct 6, 2008 3:22am
well im off to work.....DAMN!!!!! is this a downtrend or what..

good luck guys ..heres my chart
Attached Image (click to enlarge)
Click to Enlarge Name: expt.JPG Size: 162 KB
  • #90,375
  • Oct 6, 2008 3:23am Oct 6, 2008 3:23am
Hi

Sell From Bounce Target 1.72xx
  • #90,376
  • Oct 6, 2008 3:26am Oct 6, 2008 3:26am
Long @ 1.7520
SL 1.7500
TP 1.7600
  • #90,377
  • Oct 6, 2008 3:30am Oct 6, 2008 3:30am
i'm long from 1.7524
right gagakrimba...
  • #90,378
  • Oct 6, 2008 3:43am Oct 6, 2008 3:43am
Quoting firds
i'm long from 1.7524
right gagakrimba...
You too ?
Hehehe
  • #90,379
  • Oct 6, 2008 3:47am Oct 6, 2008 3:47am
Quoting gagakrimba
Long @ 1.7520
SL 1.7500
TP 1.7600
Damned....only 5 pips.
  • #90,380
  • Oct 6, 2008 3:49am Oct 6, 2008 3:49am
London is not helping.
Got to wait for new york.
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Ahsan