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Cable Update (GBPUSD)

  • #93,861
  • Oct 24, 2008 12:46pm Oct 24, 2008 12:46pm
Quoting nAVIN2007
on 4hr bullish engulfing pattern.....becarefull bro
I see it bro.... but it was struggling to break the 5 sma.. I see 5500 as a real possibility today...
Patience + Discipline - Greed = Success
  • #93,862
  • Oct 24, 2008 12:47pm Oct 24, 2008 12:47pm
Quoting PipGal
Bear flag?
i dont know really but i dont want to take any position now... weekend is here
When life gives you lemons, make lemonade
  • #93,863
  • Oct 24, 2008 12:47pm Oct 24, 2008 12:47pm
Quoting Infinity
Today is Friday and people are taking profit before the weekend.. I wouldn't call a bottom at this time of day...
I am not calling a bottom at this time of day. But this time of week and the total wave 3 move. And I am not saying that it may not retest the low again. But if there is a bottom forming this would be were it would begin.
  • #93,864
  • Oct 24, 2008 12:47pm Oct 24, 2008 12:47pm
Quoting steelhead
Navin do yourself a favor and walk away. Dont buy when this thing has moved up almost 700 pips. You should be thinkin the other direction then a buy near the lows at 5200.

walk away man you are crazy if you buy here.
no man i said if it gives a inverse head n shoulder on weekly that means a higher low and then a attempt to make a higher high .....WEEKLY CHART

trend right now is down....do we have a bottom???? doubt it so till this is confirmed ie bottom is here im seeling at a peaking and thats it i will not even consider buying a dip cause there is no damn dip
  • #93,865
  • Oct 24, 2008 12:47pm Oct 24, 2008 12:47pm
FYI i'm short from 871...TP 615
  • #93,866
  • Oct 24, 2008 12:47pm Oct 24, 2008 12:47pm
Quoting Infinity
I see it bro.... but it was struggling to break the 5 sma.. I see 5500 as a real possibility today...
that would be nice!
Just digging in the trenches like everyone else!
  • #93,867
  • Oct 24, 2008 12:48pm Oct 24, 2008 12:48pm
we just need a nice clean break of the m15 50ema...

EO... how's it going...
Patience + Discipline - Greed = Success
  • #93,868
  • Oct 24, 2008 12:49pm Oct 24, 2008 12:49pm
Quoting Infinity
I see it bro.... but it was struggling to break the 5 sma.. I see 5500 as a real possibility today...
i can see why u sold where u did 61.8 retrace.....good move bro.i like it!
its fighting to break the blue line
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  • #93,869
  • Oct 24, 2008 12:49pm Oct 24, 2008 12:49pm
Quoting eohater
that would be nice!
55? Way too ambitious! I am happy with 57
  • #93,870
  • Oct 24, 2008 12:50pm Oct 24, 2008 12:50pm
Quoting eohater
that would be nice!

Hey buddy...how you be? i know ur WAY up this AM huh?
i'm pretty good..closed 1 trade early for +110 am sitting oin +32 we SL set to BE right now
  • #93,871
  • Oct 24, 2008 12:50pm Oct 24, 2008 12:50pm
Quoting Infinity
we just need a nice clean break of the m15 50ema...

EO... how's it going...
It's green by 15 pips but that could change in a second. I still think short is the answer even though I got in almost 2 hours ago. She hasn't really done anything major since I entered. I agree on the clean break of the 50ema on the 15.
Just digging in the trenches like everyone else!
  • #93,872
  • Oct 24, 2008 12:51pm Oct 24, 2008 12:51pm
Quoting PipGal
55? Way too ambitious! I am happy with 57
We have to dream you know...
Patience + Discipline - Greed = Success
  • #93,873
  • Oct 24, 2008 12:51pm Oct 24, 2008 12:51pm
shorted at 61.. but damn this is sketchy
USD Est Non Mortuus
  • #93,874
  • Oct 24, 2008 12:51pm Oct 24, 2008 12:51pm
Quoting dakrusha
Hey buddy...how you be? i know ur WAY up this AM huh?
i'm pretty good..closed 1 trade early for +110 am sitting oin +32 we SL set to BE right now
What's up bro! I missed the major fall. I'm only up 97 from a trade during the Asian Session and currently short from 1.5845.
Just digging in the trenches like everyone else!
  • #93,875
  • Oct 24, 2008 12:52pm Oct 24, 2008 12:52pm
im short at 5836 now
GELORE
  • #93,876
  • Oct 24, 2008 12:53pm Oct 24, 2008 12:53pm
Quoting eohater
What's up bro! I missed the major fall. I'm only up 97 from a trade during the Asian Session and currently short from 1.5845.

cool...ur up a lot for the week though right?
wut's ur target in pips per week? are you close or past?
  • #93,877
  • Oct 24, 2008 12:53pm Oct 24, 2008 12:53pm
Quoting Infinity
We have to dream you know...
Meh, my dream got stopped out! positive though, not negative.
  • #93,878
  • Oct 24, 2008 12:55pm Oct 24, 2008 12:55pm
Quoting dakrusha
cool...ur up a lot for the week though right?
wut's ur target in pips per week? are you close or past?
My goal was 1000 this week and I've blasted past that. It's been sick. I think I had that by Wednesday.

Your up pretty good this week too right?
Just digging in the trenches like everyone else!
  • #93,879
  • Oct 24, 2008 12:56pm Oct 24, 2008 12:56pm
Quoting nAVIN2007
all i know is if i see a inverse head n shoulder on weekly and that neckline break....im buying...
just curious to learn: I was looking at the weekly chart and tried to figure out the H&S...would the neckline be around 1,70 or rather 1,76 (+/- 50 Pips ) and todays candle would from the head??

Need help on this Thx
  • #93,880
  • Oct 24, 2008 12:57pm Oct 24, 2008 12:57pm
Quoting m00jiman
Meh, my dream got stopped out! positive though, not negative.
I took some off earlier... watching this hour close...
Patience + Discipline - Greed = Success
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