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Cable Update (GBPUSD)

  • #111,121
  • Jan 13, 2009 12:39pm Jan 13, 2009 12:39pm
Quoting trader2160
Newtons fourth law.
lol tell me bout it! oh well at least its heading back down now again
  • #111,122
  • Jan 13, 2009 12:43pm Jan 13, 2009 12:43pm
Right Cable i wanna see 4350!! now!
  • #111,123
  • Jan 13, 2009 12:44pm Jan 13, 2009 12:44pm
Quoting gammase1
It's more than just another number. Fibonacci numbers, and ratios, play a huge role in the technicals (and the world around us). 0.618 is known as the "golden mean", that is why 62 ema is often obeyed.
interesting, never heard about fibo numbers applied to mas' before.
  • #111,124
  • Jan 13, 2009 1:00pm Jan 13, 2009 1:00pm
Bearish sentiment in the price action. Even if it break back through 1.45, the bulls will start to run out of steam. There is too much pressure pushing down on them.
Attached Image (click to enlarge)
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Probability Professor
  • #111,125
  • Jan 13, 2009 1:09pm Jan 13, 2009 1:09pm
excellent price action entries on m15 and m5 today.. to bad I've only taken about half of them.... still a good day.

engulfing double tops... outside bars..... back to back candle lower lows....
DireXiv Make it happen, no one else is going to do it for you...
  • #111,126
  • Jan 13, 2009 1:10pm Jan 13, 2009 1:10pm
yes the longs are being held up by the pashtoons right now..
this is too easy though - i am worried

had a huge day today by my standards so playing small just in case
  • #111,127
  • Jan 13, 2009 1:17pm Jan 13, 2009 1:17pm
Quoting Infinity
Speak for yourself... My mas pay me well... with price action of course.....
explain to me how an ma works and don't tell me that it bounces this and bounces that.......LOL!!
  • #111,128
  • Jan 13, 2009 1:18pm Jan 13, 2009 1:18pm
Quoting allserene
yes the longs are being held up by the pashtoons right now..
this is too easy though - i am worried

had a huge day today by my standards so playing small just in case
Wise, i reckon this is gonna go mental soon
  • #111,129
  • Jan 13, 2009 1:28pm Jan 13, 2009 1:28pm
Quoting Mr.mo
I have been follow those MAS : 144,169. in 15 M for a safe entry it has to be after 4556....one quetions PA means candle pattern??
Sorry went to lunch. PA is price action and yes candle patterns.
Just digging in the trenches like everyone else!
  • #111,130
  • Jan 13, 2009 1:29pm Jan 13, 2009 1:29pm
Quoting PipLand
my SL was hit so it should go up now
My SL was hit as well, but for +2
Just digging in the trenches like everyone else!
  • #111,131
  • Jan 13, 2009 1:30pm Jan 13, 2009 1:30pm
Quoting eohater
My SL was hit as well, but for +2
You can buy yourself plenty of coffees of late, my friend!

Your next home run will be just around the corner, I'm sure
  • #111,132
  • Jan 13, 2009 1:37pm Jan 13, 2009 1:37pm
Quoting gammase1
You can buy yourself plenty of coffees of late, my friend!

Your next home run will be just around the corner, I'm sure
I'm ready for the home run! It's time damnit!
Just digging in the trenches like everyone else!
  • #111,133
  • Jan 13, 2009 1:40pm Jan 13, 2009 1:40pm
Quoting allserene
yes the longs are being held up by the pashtoons right now..
this is too easy though - i am worried

had a huge day today by my standards so playing small just in case
are we talking 19th century or present day Pashtoons?
  • #111,134
  • Jan 13, 2009 1:41pm Jan 13, 2009 1:41pm
Quoting eohater
My SL was hit as well, but for +2
You woulda been good scalper Kemosabi.
  • #111,135
  • Jan 13, 2009 1:43pm Jan 13, 2009 1:43pm
Quoting trader2160
You woulda been good scalper Kemosabi.
I do like to scalp when the time is right. I can usually scalp the Asian session for 75-100 pips while everyone else says it's not moving. Right now, I'm long again SL at +2. I just don't want to get burnt buying these. This downward crawl is a pain in the ass right now. Not my ideal way of trading, but I'll take what I can get.
Just digging in the trenches like everyone else!
  • #111,136
  • Jan 13, 2009 1:46pm Jan 13, 2009 1:46pm
Quoting eohater
I do like to scalp when the time is right. I can usually scalp the Asian session for 75-100 pips while everyone else says it's not moving. Right now, I'm long again SL at +2. I just don't want to get burnt buying these. This downward crawl is a pain in the ass right now. Not my ideal way of trading, but I'll take what I can get.
yeah slow bleed isnt good for my style either.
  • #111,137
  • Jan 13, 2009 1:47pm Jan 13, 2009 1:47pm
im long again at 4510 this is the one now!!
  • #111,138
  • Jan 13, 2009 1:48pm Jan 13, 2009 1:48pm
Quoting trader2160
yeah slow bleed isnt good for my style either.
We haven't been able to get above the 15m 21ema for over 30hours now. This is ridiculous!
Just digging in the trenches like everyone else!
  • #111,139
  • Jan 13, 2009 1:50pm Jan 13, 2009 1:50pm
Quoting PipLand
im long again at 4510 this is the one now!!
Welcome aboard, my price is 4488 on this one. It's covered at +2 though, I have a meeting to attend shortly and don't want to come back to a slaughter.
Just digging in the trenches like everyone else!
  • #111,140
  • Jan 13, 2009 1:50pm Jan 13, 2009 1:50pm
Quoting eohater
We haven't been able to get above the 15m 21ema for over 30hours now. This is ridiculous!
people have noticed the H&s.Even people on Bloomberg asia were talking about it.
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