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Cable Update (GBPUSD)

  • #117,481
  • Feb 3, 2009 2:07pm Feb 3, 2009 2:07pm
Quoting joemiami
going short off double top formation at 1.4426
thought i as alone on the short!
Keep It Simple Stupid
  • #117,482
  • Feb 3, 2009 2:10pm Feb 3, 2009 2:10pm
Quoting nAVIN2007
yes...this is what im trying to do now i think its necessary then only when going live again do i stand a chance..that was my biggest issue with live account...being constantly talked out of my belief..because of fear of losing

Navin you added me to yahoo im how about paying attention to whats going on. Im giving you golden oppurtunities are you paying attention
  • #117,483
  • Feb 3, 2009 2:16pm Feb 3, 2009 2:16pm
Quoting steelhead
Navin you added me to yahoo im how about paying attention to whats going on. Im giving you golden oppurtunities are you paying attention
Steel - how that hand and football going?
  • #117,484
  • Feb 3, 2009 2:23pm Feb 3, 2009 2:23pm
Quoting Alastair
thought i as alone on the short!
i got stopped out at 4442
  • #117,485
  • Feb 3, 2009 2:27pm Feb 3, 2009 2:27pm
Quoting joemiami
i got stopped out at 4442
I think if its coming down it will be from 4468 area
  • #117,486
  • Feb 3, 2009 2:35pm Feb 3, 2009 2:35pm
Looking for a 1-2-3 reversal out of the 1.4480/1.4500 area to get short, target 1.4320 ... I dont know how long the bearishness will last though, we entered the week with a bullish DJIA and a bearish USD index signal ...
  • #117,487
  • Feb 3, 2009 2:37pm Feb 3, 2009 2:37pm
Quoting jack.canadia
Looking for a 1-2-3 reversal out of the 1.4480/1.4500 area to get short, target 1.4320 ... I dont know how long the bearishness will last though, we entered the week with a bullish DJIA and a bearish USD index signal ...
I took the short as well , was worried about it being late in the day though
  • #117,488
  • Feb 3, 2009 2:38pm Feb 3, 2009 2:38pm
Is it over yet?
  • #117,489
  • Feb 3, 2009 2:39pm Feb 3, 2009 2:39pm
I would wait a bit still... but yes it is late and with thin volumes in the next little while anything can happen
  • #117,490
  • Feb 3, 2009 2:45pm Feb 3, 2009 2:45pm
Bearish divergence on 5 min MACD...lets see if this is the short we've been waiting for.....
Attached Image (click to enlarge)
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  • #117,491
  • Feb 3, 2009 2:46pm Feb 3, 2009 2:46pm
15 Minute as well ...
  • #117,492
  • Feb 3, 2009 2:49pm Feb 3, 2009 2:49pm
Quoting jack.canadia
15 Minute as well ...
please tell me what Im looking at is NOT a mirage.....lol

Im short as of 4463
  • #117,493
  • Feb 3, 2009 2:52pm Feb 3, 2009 2:52pm
Quoting joemiami
please tell me what Im looking at is NOT a mirage.....lol

Im short as of 4463

I hope not although 5 min charts are too short for me my brain cant think that quick lol
  • #117,494
  • Feb 3, 2009 2:53pm Feb 3, 2009 2:53pm
Quoting Komissar
Is it over yet?


I'm short now at 4480, covered at +2 in the event she wants to spike up again, I'll short her again higher up.
Just digging in the trenches like everyone else!
  • #117,495
  • Feb 3, 2009 2:56pm Feb 3, 2009 2:56pm
In at 1.44614 ...

TP @ 1.43314 (+130) (50% retracement just above saily M2 pivot)
SL @ 1.44814 (-20)
  • #117,496
  • Feb 3, 2009 2:56pm Feb 3, 2009 2:56pm
Quoting eohater


I'm short now at 4480, covered at +2 in the event she wants to spike up again, I'll short her again higher up.
we'll i'm short from 4474 - guess we're on the same bus
  • #117,497
  • Feb 3, 2009 2:57pm Feb 3, 2009 2:57pm
Quoting steelhead
Navin you added me to yahoo im how about paying attention to whats going on. Im giving you golden oppurtunities are you paying attention
im always paying attention bro!....how u doing how u making great pipage
  • #117,498
  • Feb 3, 2009 3:00pm Feb 3, 2009 3:00pm
i dont understand.....this flying up and all im seeing is the short bus being filled....??

am i missing something
  • #117,499
  • Feb 3, 2009 3:04pm Feb 3, 2009 3:04pm
Took a short from 14467. waiting to move s/l to b/e..
  • #117,500
  • Feb 3, 2009 3:06pm Feb 3, 2009 3:06pm
Quoting nAVIN2007
i dont understand.....this flying up and all im seeing is the short bus being filled....??

am i missing something
Never buy into resistance or after a period of buying in the context of an overall downtrend ...
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