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Cable Update (GBPUSD)

  • #95,741
  • Nov 5, 2008 11:53am Nov 5, 2008 11:53am
1.6000/1.6054 bouncing making a head and sholder pattern!?
Then south to 1.5900...?
  • #95,742
  • Nov 5, 2008 12:01pm Nov 5, 2008 12:01pm
Quoting Inzider
1.6000/1.6054 bouncing making a head and sholder pattern!?
Then south to 1.5900...?
interesting, thanks for pointing that out Inzider. We've got a similar pattern on gbp/jpy too.
  • #95,743
  • Nov 5, 2008 12:03pm Nov 5, 2008 12:03pm
I just closed short from 6150 at 15m 50 ema....then went long off it and got a further 50 pips... if it holds and we get a close above the 15m 5/10ema, it could be a good long.....15m 50ema and 1h 62ema ,4h 5/10sma are very close and should provide good short term support..

4h chart is in ob territory so be careful...
Patience + Discipline - Greed = Success
  • #95,744
  • Nov 5, 2008 12:08pm Nov 5, 2008 12:08pm
Quoting Infinity
I just closed short from 6150 at 15m 50 ema....then went long off it and got a further 50 pips... if it holds and we get a close above the 15m 5/10ema, it could be a good long.....15m 50ema and 1h 62ema ,4h 5/10sma are very close and should provide good short term support..

4h chart is in ob territory so be careful...
Awesome dude!!!!!

I was pissed off actually for missing that big move earlier, but got back from lunch, fresh mind, shorted from top, longed at 6000 to 6050 in total of 150 pips.

I feel so much better now. Watching for bounce possible 15m50ema, if not 1hr62ema.
  • #95,745
  • Nov 5, 2008 12:11pm Nov 5, 2008 12:11pm
well if this is a H&S formation, and we will know soon enough, the right shoulder is set to play out towards the close of Dow session which would be perfect for a big post-election sell off.
  • #95,746
  • Nov 5, 2008 12:16pm Nov 5, 2008 12:16pm
Quoting m00jiman
Awesome dude!!!!!

I was pissed off actually for missing that big move earlier, but got back from lunch, fresh mind, shorted from top, longed at 6000 to 6050 in total of 150 pips.

I feel so much better now. Watching for bounce possible 15m50ema, if not 1hr62ema.
Great work
Patience + Discipline - Greed = Success
  • #95,747
  • Nov 5, 2008 12:31pm Nov 5, 2008 12:31pm
Got back home and see i made another 150 pips.Maaan

we could test blue line on 1 hr chart. and 61 fib.

Now no coloures so you can see better how to make money

Going out again see ya later
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable 1 hr.gif Size: 22 KB
Click to Enlarge Name: cable 15m.gif Size: 20 KB
  • #95,748
  • Nov 5, 2008 12:34pm Nov 5, 2008 12:34pm
Quoting Infinity
I just closed short from 6150 at 15m 50 ema....then went long off it and got a further 50 pips... if it holds and we get a close above the 15m 5/10ema, it could be a good long.....15m 50ema and 1h 62ema ,4h 5/10sma are very close and should provide good short term support..

4h chart is in ob territory so be careful...
Good job bro! We always get in around the same price. I'm still short from 1.6155 and locked in with profit. Not sure how low she will go, like you said, there's alot of support that needs to be broken first. I will evaluate my position upon the close of the US Session.

I'm still dealing with back issues today, I'm getting better and should be back at my computer by the end of the week.
Just digging in the trenches like everyone else!
  • #95,749
  • Nov 5, 2008 12:38pm Nov 5, 2008 12:38pm
Quoting eohater
Good job bro! We always get in around the same price. I'm still short from 1.6155 and locked in with profit. Not sure how low she will go, like you said, there's alot of support that needs to be broken first. I will evaluate my position upon the close of the US Session.

I'm still dealing with back issues today, I'm getting better and should be back at my computer by the end of the week.
Good to hear bro.....

HOLLA
  • #95,750
  • Nov 5, 2008 12:38pm Nov 5, 2008 12:38pm
Heare is another chart.Parabilic is always write.And on 1 hr he starts down move so i think 1 hr blue line will be broken and we could see blue support line as well.From theare maybe 4 hr gann which is arround 78 fib
Attached Image (click to enlarge)
Click to Enlarge Name: cable 1 hr.gif Size: 23 KB
  • #95,751
  • Nov 5, 2008 12:40pm Nov 5, 2008 12:40pm
Quoting eohater
Good job bro! We always get in around the same price. I'm still short from 1.6155 and locked in with profit. Not sure how low she will go, like you said, there's alot of support that needs to be broken first. I will evaluate my position upon the close of the US Session.

I'm still dealing with back issues today, I'm getting better and should be back at my computer by the end of the week.
hey

i have back pain as well... a small scoliosis

here is an idea, lay down on the bed and use your laptop to trade... thats what i do...
When life gives you lemons, make lemonade
  • #95,752
  • Nov 5, 2008 12:41pm Nov 5, 2008 12:41pm
Quoting micho
hey

i have back pain as well... a small scoliosis

here is an idea, lay down on the bed and use your laptop to trade... thats what i do...
I have a pinched nerve. It hurts to lay down on my stomach. I can sit but I start getting cramped. If I keep moving and stretching, it helps. It's a hell of a lot better than it was on Monday morning when it happened.
Just digging in the trenches like everyone else!
  • #95,753
  • Nov 5, 2008 12:42pm Nov 5, 2008 12:42pm
Quoting eohater
Good job bro! We always get in around the same price. I'm still short from 1.6155 and locked in with profit. Not sure how low she will go, like you said, there's alot of support that needs to be broken first. I will evaluate my position upon the close of the US Session.

I'm still dealing with back issues today, I'm getting better and should be back at my computer by the end of the week.
Great work bro!! .. Ask the wifey to give you a good massage bro... massage only now, no funky stuff... that won't help the back... If you were in Jamaica, I could recommend you to a mineral bath that does wonders for back pain...
Patience + Discipline - Greed = Success
  • #95,754
  • Nov 5, 2008 12:43pm Nov 5, 2008 12:43pm
Quoting Turtle
Good to hear bro.....

HOLLA
What's up bro? You making some money today? I've only placed two trades. The first was for a quick 40 pips and this one I'm in now is locked in with +55. I'm eyeing 1.58 area, but she might not make it down there.
Just digging in the trenches like everyone else!
  • #95,755
  • Nov 5, 2008 12:44pm Nov 5, 2008 12:44pm
Quoting eohater
I have a pinched nerve. It hurts to lay down on my stomach. I can sit but I start getting cramped. If I keep moving and stretching, it helps. It's a hell of a lot better than it was on Monday morning when it happened.
i lay on my back...
if it sit for 10 mins it will hurt.. fuck
When life gives you lemons, make lemonade
  • #95,756
  • Nov 5, 2008 12:45pm Nov 5, 2008 12:45pm
Quoting Infinity
Great work bro!! .. Ask the wifey to give you a good massage bro... massage only now, no funky stuff... that won't help the back... If you were in Jamaica, I could recommend you to a mineral bath that does wonders for back pain...
She gave me a rub down last night and it did help. I tried to get her to go for the funky stuff, but she said if my back really hurt, then we can't be doing that. She's right. It would be painful as all get out for that right now. If my pain doesn't go away within 2 weeks, I'm flying to Jamaica for that mineral bath.
Just digging in the trenches like everyone else!
  • #95,757
  • Nov 5, 2008 12:46pm Nov 5, 2008 12:46pm
Quoting Infinity
Great work bro!! .. Ask the wifey to give you a good massage bro... massage only now, no funky stuff... that won't help the back... If you were in Jamaica, I could recommend you to a mineral bath that does wonders for back pain...
LOL, there's other ways you do it which won't hurt your back! hahah!

We just bounced from 15m50 and closed above it with pin.
  • #95,758
  • Nov 5, 2008 12:48pm Nov 5, 2008 12:48pm
Quoting eohater
What's up bro? You making some money today? I've only placed two trades. The first was for a quick 40 pips and this one I'm in now is locked in with +55. I'm eyeing 1.58 area, but she might not make it down there.
Miss the first two runs this morning, but got some good pips around the London fix.

Was short at 6181, but didn't like price action when it couldn't break 6123. Took profit from that one and then re-enter at 6110, took some more profit, then.....Drop, Lock and Load with a s/l @+2.

Let's see how far she runs.

HOLLA
  • #95,759
  • Nov 5, 2008 12:51pm Nov 5, 2008 12:51pm
Quoting Turtle
Miss the first two runs this morning, but got some good pips around the London fix.

Was short at 6181, but didn't like price action when it couldn't break 6123. Took profit from that one and then re-enter at 6110, took some more profit, then.....Drop, Lock and Load with a s/l @+2.

Let's see how far she runs.

HOLLA
I would really like to see the 1h close through the 62ema. It's below the 10, but a close below would be nice!
Just digging in the trenches like everyone else!
  • #95,760
  • Nov 5, 2008 12:52pm Nov 5, 2008 12:52pm
Quoting eohater
She gave me a rub down last night and it did help. I tried to get her to go for the funky stuff, but she said if my back really hurt, then we can't be doing that. She's right. It would be painful as all get out for that right now. If my pain doesn't go away within 2 weeks, I'm flying to Jamaica for that mineral bath.

Seriously bro, I wish for you good health as soon as possible.
Patience + Discipline - Greed = Success
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