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Cable Update (GBPUSD)

  • #92,081
  • Oct 16, 2008 1:22pm Oct 16, 2008 1:22pm
Hi all. I am not at following today action but what i see on moment on CNBC NEWS ticker looks we are ranging today.
When we bounce of that 17600 area i was saying we could range.We need new way,Since we bounce on 7600 area we might test 7000 again.This is just an idea because i am not at chart today, but i think pips could be made bin 7260 and 7200 area on sculp.On opening of new daily will see charts.maybe more info from me then.

Trade smart and see ya later.

P.S. think about this 7000 area.What do you think?
  • #92,082
  • Oct 16, 2008 1:22pm Oct 16, 2008 1:22pm
Quoting Infinity
Depends on price action... it could be closed out for 200 or 2 ...
Can i ask what you mean by price action or is that a stupid question?
  • #92,083
  • Oct 16, 2008 1:24pm Oct 16, 2008 1:24pm
Quoting Infinity
Depends on price action... it could be closed out for 200 or 2 ...
Exactly! I had one earlier that got closed out for 2!
Just digging in the trenches like everyone else!
  • #92,084
  • Oct 16, 2008 1:25pm Oct 16, 2008 1:25pm
Quoting seejou
Can i ask what you mean by price action or is that a stupid question?
price action http://www.dacharts.com/articles/Buf...ice_action.php

seeyou
When life gives you lemons, make lemonade
  • #92,085
  • Oct 16, 2008 1:25pm Oct 16, 2008 1:25pm
Quoting eohater
Check out the power at the 1h62 and the 4h10 setting together just ready to throw her back down.


HOLLA
  • #92,086
  • Oct 16, 2008 1:25pm Oct 16, 2008 1:25pm
Quoting Infinity
lots of support below it though....
lets see how it plays out...be carefull guys
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  • #92,087
  • Oct 16, 2008 1:26pm Oct 16, 2008 1:26pm
Quoting micho
price action http://www.dacharts.com/articles/Buf...ice_action.php

seeyou
Patience + Discipline - Greed = Success
  • #92,088
  • Oct 16, 2008 1:27pm Oct 16, 2008 1:27pm
Quoting micho
price action http://www.dacharts.com/articles/Buf...ice_action.php

seeyou
Thanks a lot
  • #92,089
  • Oct 16, 2008 1:29pm Oct 16, 2008 1:29pm
Quoting nAVIN2007
lets see how it plays out...be carefull guys
yeah i'm not in any trades right now...
it's going break and break hard and somebody's gonna get hurt
won't be me
  • #92,090
  • Oct 16, 2008 1:32pm Oct 16, 2008 1:32pm
Quoting dakrusha
yeah i'm not in any trades right now...
it's going break and break hard and somebody's gonna get hurt
won't be me
I aint worried....
Patience + Discipline - Greed = Success
  • #92,091
  • Oct 16, 2008 1:33pm Oct 16, 2008 1:33pm
Quoting dakrusha
yeah i'm not in any trades right now...
it's going break and break hard and somebody's gonna get hurt
won't be me

its a rough diamond formation...and price has been contained, myself was looking for a short but just like u....had a hard day at work last thing i want to do is place a trade and get stress especially if it goes wrong

if it goes up i reckon 62 ema is a target then down if it doesnt then the weekly gonna be interesting
  • #92,092
  • Oct 16, 2008 1:34pm Oct 16, 2008 1:34pm
Quoting Infinity
I aint worried....
Neither and I. It's all a part of trading. Win or lose. It doesn't matter. There's always more to be made!
Just digging in the trenches like everyone else!
  • #92,093
  • Oct 16, 2008 1:45pm Oct 16, 2008 1:45pm
Quoting eohater
Neither and I. It's all a part of trading. Win or lose. It doesn't matter. There's always more to be made!
absolutely bro ....i still see her sinking thou

this is the important bit
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  • #92,094
  • Oct 16, 2008 2:00pm Oct 16, 2008 2:00pm
Quoting Infinity
I aint worried....
did you add brother? I did!
Just digging in the trenches like everyone else!
  • #92,095
  • Oct 16, 2008 2:00pm Oct 16, 2008 2:00pm
Quoting eohater
did you add brother? I did!
yup..7310
Patience + Discipline - Greed = Success
  • #92,096
  • Oct 16, 2008 2:01pm Oct 16, 2008 2:01pm
Quoting eohater
did you add brother? I did!

Shorted!

I was watching that 1H 62 EMA
  • #92,097
  • Oct 16, 2008 2:02pm Oct 16, 2008 2:02pm
Quoting Infinity
yup..7310
My god....we are twins! Exact same price AGAIN!
Just digging in the trenches like everyone else!
  • #92,098
  • Oct 16, 2008 2:03pm Oct 16, 2008 2:03pm
Quoting eohater
did you add brother? I did!
when it touched 5sma h4?
  • #92,099
  • Oct 16, 2008 2:04pm Oct 16, 2008 2:04pm
sell order filled @ 7315....scalped 25 right away and waiting for confirmation to short again

  • #92,100
  • Oct 16, 2008 2:04pm Oct 16, 2008 2:04pm
Quoting seejou
when it touched 5sma h4?
we played it off the 1h 62ema but the are both lined up together.
Just digging in the trenches like everyone else!
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