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Cable Update (GBPUSD)

  • #115,081
  • Jan 26, 2009 11:12am Jan 26, 2009 11:12am
Who's holding positions currently?
Just digging in the trenches like everyone else!
  • #115,082
  • Jan 26, 2009 11:13am Jan 26, 2009 11:13am
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 11:13am Jan 26, 2009 11:13am
Quoting eohater
Who's holding positions currently?
short!
Keep It Simple Stupid
  • #115,084
  • Jan 26, 2009 11:14am Jan 26, 2009 11:14am
Quoting eohater
Who's holding positions currently?
i'm short one...
  • #115,085
  • Jan 26, 2009 11:15am Jan 26, 2009 11:15am
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 11:16am Jan 26, 2009 11:16am
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 11:18am Jan 26, 2009 11:18am
Quoting eohater
Who's holding positions currently?
I'm too on the bus that is going Down town
  • #115,088
  • Jan 26, 2009 11:19am Jan 26, 2009 11:19am
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 11:19am Jan 26, 2009 11:19am
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 11:20am Jan 26, 2009 11:20am
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 11:21am Jan 26, 2009 11:21am
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 11:23am Jan 26, 2009 11:23am
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 11:24am Jan 26, 2009 11:24am
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 11:25am Jan 26, 2009 11:25am
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 11:27am Jan 26, 2009 11:27am
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 11:34am Jan 26, 2009 11:34am
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 11:40am Jan 26, 2009 11:40am
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 11:42am Jan 26, 2009 11:42am
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 11:43am Jan 26, 2009 11:43am
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 11:45am Jan 26, 2009 11:45am
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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