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Cable Update (GBPUSD)

  • #94,541
  • Oct 29, 2008 9:21am Oct 29, 2008 9:21am
Quoting eohater
Busy at the office again today guys. It's end of month and in my industry it's always nuts. I missed the breakout this morning on the 15m chart. Now I'm looking for the 4h 50ema for an opportunity. Trade well today guys and good luck!
I know that was sweet.......

But I made a decision this morning to watch and learn......:nerd:

4HR looks to be key!!!

HOLLA
  • #94,542
  • Oct 29, 2008 9:24am Oct 29, 2008 9:24am
Quoting Turtle
....
4HR looks to be key!!!

HOLLA
All the time frames are key! The bigger time frames smooth out the small ones. I only grabbed 2 on my short and she's still moving north. I'll revisit the 4h 50ema on the turn of the 4h candle.
Just digging in the trenches like everyone else!
  • #94,543
  • Oct 29, 2008 9:25am Oct 29, 2008 9:25am
Quoting eohater
All the time frames are key! The bigger time frames smooth out the small ones. I only grabbed 2 on my short and she's still moving north. I'll revisit the 4h 50ema on the turn of the 4h candle.

Wow, she's moving fast. We have daily resistance at 6417. I'll just wait and watch.
  • #94,544
  • Oct 29, 2008 9:27am Oct 29, 2008 9:27am
Quoting eohater
All the time frames are key! The bigger time frames smooth out the small ones. I only grabbed 2 on my short and she's still moving north. I'll revisit the 4h 50ema on the turn of the 4h candle.
Is the 4H 62 EMA a level she would respect at all?
  • #94,545
  • Oct 29, 2008 9:30am Oct 29, 2008 9:30am
Quoting cesarg
i start to think (is MY thought) that we can see correction till 1.642 or even around 1.69-1.70 if finally break 1.6040 (is critical point I believe) before any fall and continues the downtrend.
for now, i trade what i see on 1h TF...

i think 6040 is broken.
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  • #94,546
  • Oct 29, 2008 9:31am Oct 29, 2008 9:31am
Quoting PipGal
Is the 4H 62 EMA a level she would respect at all?
I've never used that ema level before. I don't know I'm sitting on my thumbs right now from missing the breakout on the 15m. Damn thing was set up for a move in either direction too. I just didn't have a chance to review my charts before I came to work. DAMNIT!
Just digging in the trenches like everyone else!
  • #94,547
  • Oct 29, 2008 9:33am Oct 29, 2008 9:33am
Quoting eohater
Busy at the office again today guys. It's end of month and in my industry it's always nuts. I missed the breakout this morning on the 15m chart. Now I'm looking for the 4h 50ema for an opportunity. Trade well today guys and good luck!

Seems like you make more than enough money trading bro, why do you have a day job?
  • #94,548
  • Oct 29, 2008 9:33am Oct 29, 2008 9:33am
go Cable Go Girl!!
Ride the Bulls bearback!
  • #94,549
  • Oct 29, 2008 9:35am Oct 29, 2008 9:35am
I think buying on pullbacks might be a good strategy until 2:15pm today
  • #94,550
  • Oct 29, 2008 9:43am Oct 29, 2008 9:43am
Quoting PipGal
I think buying on pullbacks might be a good strategy until 2:15pm today

its going to be a good strategy after 215pm as well!!
  • #94,551
  • Oct 29, 2008 9:44am Oct 29, 2008 9:44am
Quoting AmeriTrini
Seems like you make more than enough money trading bro, why do you have a day job?
My company was my first love. I have alot of sweat, blood and tears into getting my company off the ground. She gave me the opportunity to trade currencies. I can't just through 10 years down the drain. I have employees that rely and depend upon my giving them a job. I really enjoy giving people jobs and as long as they are happy, so am I.
Just digging in the trenches like everyone else!
  • #94,552
  • Oct 29, 2008 9:44am Oct 29, 2008 9:44am
newbodey kneewwwzz
When life gives you lemons, make lemonade
  • #94,553
  • Oct 29, 2008 9:49am Oct 29, 2008 9:49am
Yea, the upper TL on 1 hr chart was holding pretty tight at 6318, seems like it broke it. It retraced down a little after 6318, waiting to see what happens!

Who jumped in this ride? Besides, me, eo, micho, and some of us missing the move?
  • #94,554
  • Oct 29, 2008 9:50am Oct 29, 2008 9:50am
Quoting eohater
My company was my first love. I have alot of sweat, blood and tears into getting my company off the ground. She gave me the opportunity to trade currencies. I can't just through 10 years down the drain. I have employees that rely and depend upon my giving them a job. I really enjoy giving people jobs and as long as they are happy, so am I.


good answer!!
  • #94,555
  • Oct 29, 2008 9:51am Oct 29, 2008 9:51am
ferzt tArget 1.6513

riziztanzez plenty noticably 1.6385
When life gives you lemons, make lemonade
  • #94,556
  • Oct 29, 2008 9:52am Oct 29, 2008 9:52am
If she makes it thru this resistance at 16335 I dont see much holding her back till 16800 ??
Ride the Bulls bearback!
  • #94,557
  • Oct 29, 2008 9:52am Oct 29, 2008 9:52am
Quoting micho
ferzt tArget 1.6513

riziztanzez plenty noticably 1.6385

Are you missing S from your keyboard?
  • #94,558
  • Oct 29, 2008 9:53am Oct 29, 2008 9:53am
Quoting eohater
My company was my first love. I have alot of sweat, blood and tears into getting my company off the ground. She gave me the opportunity to trade currencies. I can't just through 10 years down the drain. I have employees that rely and depend upon my giving them a job. I really enjoy giving people jobs and as long as they are happy, so am I.
you're fired
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When life gives you lemons, make lemonade
  • #94,559
  • Oct 29, 2008 9:54am Oct 29, 2008 9:54am
Quoting alcando
If she makes it thru this resistance at 16335 I dont see much holding her back till 16800 ??
i see mighty resistance at 1.6385
When life gives you lemons, make lemonade
  • #94,560
  • Oct 29, 2008 9:55am Oct 29, 2008 9:55am
Quoting m00jiman
Are you missing S from your keyboard?
i dont mizz any lettes ovv my geyboad
When life gives you lemons, make lemonade
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