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Cable Update (GBPUSD)

  • #115,081
  • Jan 26, 2009 1:12pm Jan 26, 2009 1:12pm
Who's holding positions currently?
Just digging in the trenches like everyone else!
  • #115,082
  • Jan 26, 2009 1:13pm Jan 26, 2009 1:13pm
Hey,

EO & Infinity...
Guys...
My Short "Soldiers" are starting to stir about???

Alserene,

I believe you now on these "fundies".
That was a beautiful run up last night (i missed),
but in the bigger scheme of things, as Abuwad has posted,
i'm not getting all "willy nilly" on it to the upside.

Soldiers Unite!!!
Enjoy,
Happy Pipping,

Jeff !
I will work to Objectively Identify my Edges
  • #115,083
  • Jan 26, 2009 1:13pm Jan 26, 2009 1:13pm
Quoting eohater
Who's holding positions currently?
short!
Keep It Simple Stupid
  • #115,084
  • Jan 26, 2009 1:14pm Jan 26, 2009 1:14pm
Quoting eohater
Who's holding positions currently?
i'm short one...
  • #115,085
  • Jan 26, 2009 1:15pm Jan 26, 2009 1:15pm
I hold short 1.3925, TP 1.3850 then shift to go long around that level !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #115,086
  • Jan 26, 2009 1:16pm Jan 26, 2009 1:16pm
It was too Tempting,

Seeing 1.40 not really budged,
though 'respect it still could.
We'll see how the war goes here bud!
Short +72 Dexter Manley Pips!!!
Enjoy,

Jeff P.S. Alserene's right... Dow stinks/Tanking
I will work to Objectively Identify my Edges
  • #115,087
  • Jan 26, 2009 1:18pm Jan 26, 2009 1:18pm
Quoting eohater
Who's holding positions currently?
I'm too on the bus that is going Down town
  • #115,088
  • Jan 26, 2009 1:19pm Jan 26, 2009 1:19pm
3890 looks like the neckline of a mini H&S on the m15.
Hi, my name is Barry and you can keep your doctor...
  • #115,089
  • Jan 26, 2009 1:19pm Jan 26, 2009 1:19pm
Mine are marching as well! I missed the better opportunity when I was at lunch. Bounce is coming up here at 3850
Just digging in the trenches like everyone else!
  • #115,090
  • Jan 26, 2009 1:20pm Jan 26, 2009 1:20pm
Tall Head & SHoulder's...

On a 60 minuite,
Let's see if it continues out...

I agree w/Infinity's 1.3850's let's see...
Rejected once there...!
I will work to Objectively Identify my Edges
  • #115,091
  • Jan 26, 2009 1:21pm Jan 26, 2009 1:21pm
Quoting Lejumeau
I'm too on the bus that is going Down town
Welcome aboard! Feed your soliders well, keep them green and we'll see how far she'll go down. Abuawad has a deeper target than I can see at this time.
Just digging in the trenches like everyone else!
  • #115,092
  • Jan 26, 2009 1:23pm Jan 26, 2009 1:23pm
Quoting TerpFan2
Tall Head & SHoulder's...

On a 60 minuite,
Let's see if it continues out...

I agree w/Infinity's 1.3850's let's see...
Rejected once there...!
If I wasn't short, I would be looking to take her long off of it. So, yeah, there will be some support there. Plus, you have the topside of the 1h 62 to be addressed as well. There's heavy traffice to get thru for a fall to the bottom.
Just digging in the trenches like everyone else!
  • #115,093
  • Jan 26, 2009 1:24pm Jan 26, 2009 1:24pm
Quoting eohater
Welcome aboard! Feed your soliders well, keep them green and we'll see how far she'll go down. Abuawad has a deeper target than I can see at this time.
once i cover the target i'll but tsl and let it count, and let's see...
  • #115,094
  • Jan 26, 2009 1:25pm Jan 26, 2009 1:25pm
My m5 turned south for entry at 3914... not sure how long it'll last... it put up a fight till it rolled over...

I'd like to see the m15 50 here and get a nice solid move long next.. with a break through of the m15 and m5 ma's
DireXiv Make it happen, no one else is going to do it for you...
  • #115,095
  • Jan 26, 2009 1:27pm Jan 26, 2009 1:27pm
Quoting TerpFan2
Tall Head & SHoulder's...

On a 60 minuite,
Let's see if it continues out...

I agree w/Infinity's 1.3850's let's see...
Rejected once there...!
That looks more like an inverted H&S to me.
Hi, my name is Barry and you can keep your doctor...
  • #115,096
  • Jan 26, 2009 1:34pm Jan 26, 2009 1:34pm
Last 15m candle is being a strong little bugger on letting her fall. Make sure your positions are covered. I have my SL at 3920 and will continue to move it should we continue to fall. I had a partial TP set for 3850, but my broker never saw that price, only got to 3860. Partial TP is still set. If we clear the 15m 50, come back and retest and she holds, I'll add to my short. Don't think that will be the case though.
Just digging in the trenches like everyone else!
  • #115,097
  • Jan 26, 2009 1:40pm Jan 26, 2009 1:40pm
Infinity, I know your waiting to pounce on my short. I hope you get it brother.
Just digging in the trenches like everyone else!
  • #115,098
  • Jan 26, 2009 1:42pm Jan 26, 2009 1:42pm
Quoting eohater
Infinity, I know your waiting to pounce on my short. I hope you get it brother.
I was short bro.. I got in at 3970 closed at 3860.. I reversed and got the same price... 3860 closed for 40 pips... sides again..
Patience + Discipline - Greed = Success
  • #115,099
  • Jan 26, 2009 1:43pm Jan 26, 2009 1:43pm
I cannot believe we've gone red on the Dow. This could be interesting, is the Dow going to retest the bottom of 7900 again, I think it could break this time. It doesn't usually sit down here. Interesting!!
Just digging in the trenches like everyone else!
  • #115,100
  • Jan 26, 2009 1:45pm Jan 26, 2009 1:45pm
Quote of the Day: ‘Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised, and the State will have to take the road which will eventually lead to communism’. Karl Marx (1818-1883)
Trading is 80% Emotional, 20% Technical
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