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Cable Update (GBPUSD)

  • #90,821
  • Oct 9, 2008 8:27am Oct 9, 2008 8:27am
how long GU will go??
GELORE
  • #90,822
  • Oct 9, 2008 8:39am Oct 9, 2008 8:39am
Quoting cesarg
i was looking the monthly chart and draw 2 lines, one in the lows of several months before, and now in the highs of another...guess what? we are right now in the middle of the 2 lines (now is pointing to the upper line after touch the lower one).... This 2 lines are below the 50% of the 2.4540-1.0463.

in the chart every time the 2 lines was crossed, we had 1000 or more fast pips for both sides favoring the trend.

i guess you know that too, but i recently discover...
attach ur pic..buddy..

Sonic
  • #90,823
  • Oct 9, 2008 8:48am Oct 9, 2008 8:48am
How long GU will go long friends?
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GELORE
  • #90,824
  • Oct 9, 2008 9:20am Oct 9, 2008 9:20am
Short 1.7339

s/l 1.7355
  • #90,825
  • Oct 9, 2008 9:55am Oct 9, 2008 9:55am
hi guys, hope everything is fine
im not concentrating alot on cable lately, just doing a cocktail on all the pairs..

see you
When life gives you lemons, make lemonade
  • #90,826
  • Oct 9, 2008 9:56am Oct 9, 2008 9:56am
hi guys

i forecast from weeks ago the continuation of down trend and here is my charts give me third breakout which indicate more confirmation to the down trend.

from few hours i post my charts to post my call & price already gave me more 100 pips , until now my weekly cable candle gave me over 400 pips, and i already earned 1400 pips for my last position i opened @ 185.xx

i always love to be in the safe side , and the safe side her is the down trend, why should i wait for retrace may happen or not, why i chase for 50 pip retrace and leave hundreds with the trend.

i expect more fall down will happen and my red arrows describe my future targets.

have fun traders.
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  • #90,827
  • Oct 9, 2008 9:56am Oct 9, 2008 9:56am
I will be going long around 7200 if I get a solid close on four hour. Look at the monthly chart back in August of 2005. We should get a bounce of that area. Already took 100+ yesterday when it hit that area.


Again long around 7200 to 7150. If my conditions are met
  • #90,828
  • Oct 9, 2008 9:58am Oct 9, 2008 9:58am
Quoting sonicdeejay
attach ur pic..buddy..

Sonic
of course..

your opinions are accepted!!
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  • #90,829
  • Oct 9, 2008 9:59am Oct 9, 2008 9:59am
All I have to say is ...... 1hr 62ema =
Patience + Discipline - Greed = Success
  • #90,830
  • Oct 9, 2008 10:02am Oct 9, 2008 10:02am
Quoting Infinity
All I have to say is ...... 1hr 62ema =
Amen to that! I bagged 170 off her ass in an hour and half.
Just digging in the trenches like everyone else!
  • #90,831
  • Oct 9, 2008 10:05am Oct 9, 2008 10:05am
Quoting txsr123
Short 1.7339

s/l 1.7355
close 1.7232
  • #90,832
  • Oct 9, 2008 10:30am Oct 9, 2008 10:30am
Quoting eohater
Amen to that! I bagged 170 off her ass in an hour and half.
Yessss. I was trying to get in around 7420 and missed and had to chase her for 50.

Thinking long soon?
  • #90,833
  • Oct 9, 2008 10:32am Oct 9, 2008 10:32am
Quoting Shilva
Yessss. I was trying to get in around 7420 and missed and had to chase her for 50.

Thinking long soon?

I'm considering it. Steelhead's looking at the same thing I am.
Just digging in the trenches like everyone else!
  • #90,834
  • Oct 9, 2008 10:39am Oct 9, 2008 10:39am
Quoting eohater
I'm considering it. Steelhead's looking at the same thing I am.
yup....me to

i have a buy order set @7180....may raise it up
  • #90,835
  • Oct 9, 2008 10:40am Oct 9, 2008 10:40am
Quoting Shilva
yup....me to

i have a buy order set @7180....may raise it up
Looks like i just can't catch her today
  • #90,836
  • Oct 9, 2008 10:42am Oct 9, 2008 10:42am
hey all!!!
dam i missed some good trades.
I can't trade right now, somehow my MT4 for my broker won't connect. but my demo will. i also can't get any websites with any kind of graphics, only small/fast websites like this one.
  • #90,837
  • Oct 9, 2008 10:42am Oct 9, 2008 10:42am
Quoting Shilva
Looks like i just can't catch her today
Patience bro...It's not looking good right now, but we have 20 min before the next 4h candle. She's already started pulling back but she could go back down and test the bottom before going back north. I will decide within 15 min of the new 4h candle being opened.
Just digging in the trenches like everyone else!
  • #90,838
  • Oct 9, 2008 10:44am Oct 9, 2008 10:44am
Quoting dakrusha
hey all!!!
dam i missed some good trades.
I can't trade right now, somehow my MT4 for my broker won't connect. but my demo will. i also can't get any websites with any kind of graphics, only small/fast websites like this one.
Don't sweat it! There's always more trades to be had. You can't force a trade.
Just digging in the trenches like everyone else!
  • #90,839
  • Oct 9, 2008 10:46am Oct 9, 2008 10:46am
Quoting eohater
Don't sweat it! There's always more trades to be had. You can't force a trade.
no doubt. i just can't figure wut's up with my ISP. i have FiberOptic and it usually screams but now it's barking....
  • #90,840
  • Oct 9, 2008 10:50am Oct 9, 2008 10:50am
Quoting dakrusha
no doubt. i just can't figure wut's up with my ISP. i have FiberOptic and it usually screams but now it's barking....
maybe more like squeaking!
Just digging in the trenches like everyone else!
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