no?...i just follow my chart n indicators n my feeling lately...
think need more pray...
there no signal for long at all ...only short
what the hell is the reasoning for long...other than blind faith..
Cable Update (GBPUSD)
- #99,821
- Nov 19, 2008 4:24pm Nov 19, 2008 4:24pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #99,822
- Nov 19, 2008 4:31pm Nov 19, 2008 4:31pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
u guys are crazy....weekly is bearish and dailly looks like there gonna be a pin and u now are going long...suicide mission if u ask me....might get a retrace but thats it....
there no signal for long at all ...only short
what the hell is the reasoning for long...other than blind faith..
I don't mean to argue with you, but we are at major support level, plus the original level before the spike so technicaly there is no signal to do anything except take profit on a few positions of mine that netted over 500 pips.
But yeah, anyone going long and expecting any sort of strong movement is crazy, if anything we will resume the left to right movement for the time being.
Just Trade It
- #99,823
- Nov 19, 2008 4:43pm Nov 19, 2008 4:43pm
- | Joined Dec 2007 | Status: Senior Member | 1,461 Posts
I don't mean to argue with you, but we are at major support level, plus the original level before the spike so technicaly there is no signal to do anything except take profit on a few positions of mine that netted over 500 pips.
But yeah, anyone going long and expecting any sort of strong movement is crazy, if anything we will resume the left to right movement for the time being.
have to agree somewhat with lurker that the dow as a risk barometer for the market & is effecting how the high yielders trade to an extent, no harm in keeping an eye on it iguess...
Trading is 80% Emotional, 20% Technical
- #99,824
- Nov 19, 2008 4:47pm Nov 19, 2008 4:47pm
- | Joined Apr 2008 | Status: Lets Hunt The Treasure | 102 Posts
u guys are crazy....weekly is bearish and dailly looks like there gonna be a pin and u now are going long...suicide mission if u ask me....might get a retrace but thats it....
there no signal for long at all ...only short
what the hell is the reasoning for long...other than blind faith..
Sorry can't explained more, cause my limited english...
- #99,825
- Nov 19, 2008 4:49pm Nov 19, 2008 4:49pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I don't mean to argue with you, but we are at major support level, plus the original level before the spike so technicaly there is no signal to do anything except take profit on a few positions of mine that netted over 500 pips.
But yeah, anyone going long and expecting any sort of strong movement is crazy, if anything we will resume the left to right movement for the time being.
yep i think yur right...likely consolidate and i supose going long might not be to bad except there no signal.
- #99,826
- Nov 19, 2008 4:52pm Nov 19, 2008 4:52pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
hehehe...u didn't see what i see...i got long signal from H4 n Daily, for weekly is very oversold...there's still a fresh short signal from monthly...can u hold ur short position for a few months if u entry at this price. And from now on, if i'm thinking short i better short EU/AU than GU, or short EJ/AJ than GJ.
Sorry can't explained more, cause my limited english...
its all good..just throwing my 2 cents as usaul
- #99,827
- Nov 19, 2008 4:55pm Nov 19, 2008 4:55pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
u guys are crazy....weekly is bearish and dailly looks like there gonna be a pin and u now are going long...suicide mission if u ask me....might get a retrace but thats it....
there no signal for long at all ...only short
what the hell is the reasoning for long...other than blind faith..
you'll see it when Asian Session starts
- #99,828
- Nov 19, 2008 5:01pm Nov 19, 2008 5:01pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Relax bro....
you'll see it when Asian Session starts
- #99,829
- Nov 19, 2008 5:16pm Nov 19, 2008 5:16pm
- Joined May 2007 | Status: 2 + 2 = 5 | 1,031 Posts
Whats a waste of thread space?
Laughing?
Yea. I'm happy dammit!
USD Est Non Mortuus
- #99,831
- Nov 19, 2008 5:49pm Nov 19, 2008 5:49pm
down we go
Anyway, looking for a short squeeze tongiht on GU + GJ before another opportunity to short. There is a hourly bear flag in formation and a break of that would begin another massive drop. As far as tonight is concerned though, I am long GU + GJ and will be looking to catch a nice chunk of retracement before pricing another short.
- #99,833
- Nov 19, 2008 6:33pm Nov 19, 2008 6:33pm
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
Flag on Cable. Price direction indecisive at the moment.
- #99,834
- Nov 19, 2008 6:41pm Nov 19, 2008 6:41pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
at the moment, yes. after the moment is over, up we go.
- #99,835
- Nov 19, 2008 6:43pm Nov 19, 2008 6:43pm
- Joined May 2007 | Status: 2 + 2 = 5 | 1,031 Posts
USD Est Non Mortuus
- #99,836
- Nov 19, 2008 7:54pm Nov 19, 2008 7:54pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
I think the price will just be hovering here until the EUR or US Sessions
- #99,838
- Nov 19, 2008 8:23pm Nov 19, 2008 8:23pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
still holding my last one, open 4 position before 3 out with 10 pips profit...
ready to load again...
I plan to add a few more if iy breaks 1.5000
- #99,840
- Nov 19, 2008 9:47pm Nov 19, 2008 9:47pm
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
I have not close my post long @ 1.4960.
I plan to add a few more if iy breaks 1.5000
I only trade XAU/USD. Based on USD news & Fib SR & BB20