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Cable Update (GBPUSD)

  • #98,921
  • Nov 17, 2008 2:30pm Nov 17, 2008 2:30pm
Quoting micho
lol was just waiting for u to move
Ok.. I'll get her started...
Quoting eohater
I thought I took long lunch breaks! Welcome back!
..............Thanks bro!!
Patience + Discipline - Greed = Success
  • #98,922
  • Nov 17, 2008 2:30pm Nov 17, 2008 2:30pm
Looks like those ma's are all coming to 15030 to fetch her and drag her back down kicking and screaming.... I am not going wait all day for the 1H62 tho!!
She's going down and she's taking me with her... or not.

Quoting micho
now cable is sandwiched between the moving average and the target level and its getting squeezed tighter and tighter until it blows (south of course )
Ride the Bulls bearback!
  • #98,923
  • Nov 17, 2008 2:30pm Nov 17, 2008 2:30pm
Quoting eohater
I know what I do when I have long lunches....
and i know what happens when i leave 5 minutes away from the pc
When life gives you lemons, make lemonade
  • #98,924
  • Nov 17, 2008 2:32pm Nov 17, 2008 2:32pm
maybe she will run away from them north.... u will get scared to see all those million moving averages running to catch u
When life gives you lemons, make lemonade
  • #98,925
  • Nov 17, 2008 2:34pm Nov 17, 2008 2:34pm
Better take a wink.
Nothing is going to happen until Asian session
  • #98,926
  • Nov 17, 2008 2:34pm Nov 17, 2008 2:34pm
Quoting micho
maybe she will run away from them north.... u will get scared to see all those million moving averages running to catch u
That funny
GELORE
  • #98,927
  • Nov 17, 2008 2:34pm Nov 17, 2008 2:34pm
Quoting CitiTrade
Hi, I remember you and infinity were celebrating last Friday because of H1 & 26ema. I couldn't find any info on this technique, would you share it with those who don't know it? Many thanks.
The 1h 62ema

It's a very strong ma. Remember, MA's are nothing more than floating support/resistance and they can and will be broken. The 1h 62ema is a very strong ma and I trust it to hold more than not. Plot on your 1h chart the 62ema. There are two ways to play the price level. Place pending order going back to where she came or wait for the 1h candle to close and go back to where she came. Go back on your charts and look at the nice action it provides.

Infinity and I both rode it on Friday for 80 pips but she fell more than 200 and then gapped down hard. Unfortunatley, she didn't hold this morning when she was tested and blew right through it. I lost on that one but I've won on more than not with this MA.
Just digging in the trenches like everyone else!
  • #98,928
  • Nov 17, 2008 2:34pm Nov 17, 2008 2:34pm
Oh don't!!
You'll be struck down for saying things like that. A nice stock market collapse into the close will do nicely thank you..

Quoting micho
maybe she will run away from them north.... u will get scared to see all those million moving averages running to catch u
Ride the Bulls bearback!
  • #98,929
  • Nov 17, 2008 2:36pm Nov 17, 2008 2:36pm
Quoting alcando
Oh don't!!
You'll be struck down for saying things like that. A nice stock market collapse into the close will do nicely thank you..
It's Monday and we all know how the DOW doesn't like to be green on Mondays.
Just digging in the trenches like everyone else!
  • #98,930
  • Nov 17, 2008 2:36pm Nov 17, 2008 2:36pm
let me tell u what i noticed guys, and its actually something important for me....

its been a long long long time (3 months) since i see this consolidation pattern again... so is cable back to its old senses? will it stay so???? i really hope it did but my mind tells me no
When life gives you lemons, make lemonade
  • #98,931
  • Nov 17, 2008 2:40pm Nov 17, 2008 2:40pm
Thanks eoHater. I see what you mean, I am looking at patterns as we speak.
  • #98,932
  • Nov 17, 2008 2:41pm Nov 17, 2008 2:41pm
Yen is on the move again hopefully Dollar will start kicking the £ too
  • #98,933
  • Nov 17, 2008 2:41pm Nov 17, 2008 2:41pm
There has been more action this afternoon on EURGBP chart than on this baby. Maybe we can switch to that for sport.

Oh look we could see 15015 again...

Quoting micho
let me tell u what i noticed guys, and its actually something important for me....

its been a long long long time (3 months) since i see this consolidation pattern again... so is cable back to its old senses? will it stay so???? i really hope it did but my mind tells me no
Ride the Bulls bearback!
  • #98,934
  • Nov 17, 2008 2:44pm Nov 17, 2008 2:44pm
Quoting alcando
There has been more action this afternoon on EURGBP chart than on this baby. Maybe we can switch to that for sport.

Oh look we could see 15015 again...
I can't cheat on my cable. I used to trade multiple currency pairs, but I've found I can make more money on just one.
Just digging in the trenches like everyone else!
  • #98,935
  • Nov 17, 2008 2:45pm Nov 17, 2008 2:45pm
guys dont get me wrong im not trying to be offensive to anybody but thought this might be funny
obama's potential presidency problem
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When life gives you lemons, make lemonade
  • #98,936
  • Nov 17, 2008 2:49pm Nov 17, 2008 2:49pm
Quoting micho
guys dont get me wrong im not trying to be offensive to anybody but thought this might be funny
obama's potential presidency problem
I carn't see clear at the middle
GELORE
  • #98,937
  • Nov 17, 2008 2:51pm Nov 17, 2008 2:51pm
lol funky monkey
Attached Image
When life gives you lemons, make lemonade
  • #98,938
  • Nov 17, 2008 2:53pm Nov 17, 2008 2:53pm
Quoting micho
guys dont get me wrong im not trying to be offensive to anybody but thought this might be funny
obama's potential presidency problem
No offense taken here. I think he has a hell of a problem on his hands. I hope he can get it under control or else were looking at the 30's all over again. I'll leave the states if this happens and will probably never return.
Just digging in the trenches like everyone else!
  • #98,939
  • Nov 17, 2008 2:54pm Nov 17, 2008 2:54pm
Quoting eohater
No offense taken here. I think he has a hell of a problem on his hands. I hope he can get it under control or else were looking at the 30's all over again. I'll leave the states if this happens and will probably never return.
lol
When life gives you lemons, make lemonade
  • #98,940
  • Nov 17, 2008 2:55pm Nov 17, 2008 2:55pm
Quoting micho
guys dont get me wrong im not trying to be offensive to anybody but thought this might be funny
obama's potential presidency problem
Quoting micho
lol funky monkey
I am not sure if you intended for these posts to be related (hopefully not)..
but lets avoid the racial jokes bro... please
Patience + Discipline - Greed = Success
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