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Cable Update (GBPUSD)

  • #121,021
  • Feb 17, 2009 10:19am Feb 17, 2009 10:19am
Quoting cesarg
it's only me, or we have a lot of candles with long upper shadow? that is not good for long position...
i am with you..short since @ 1.4223
  • #121,022
  • Feb 17, 2009 10:19am Feb 17, 2009 10:19am
Quoting JammerJams
that was cold ezo...
but true mate. The internet's a form of communication and the very least a user could is correctly spell his insults
  • #121,023
  • Feb 17, 2009 10:28am Feb 17, 2009 10:28am
Quoting PipLand
Hey Eo, hope your catching some nice pips. Heres a bigger chart.

What do you think?

I havent a clue so going out now lol. Havent traded yet, but i'll be coming back tomorrow with reduced position sizes after todays price action though!
I'm doing good bro! Had a loss on UJ I took last night, but my gains on it prior covered the loss. I'm on track for quota and that's the goal. How about you?

I haven't a clue myself. She's on a mission to range atm. Overall, I'm bearish, but I can't help myself for looking at the damn gap she still needs to fill. I'm currently flat myself and might remain as such. She's already paid me today so it's all good.
Just digging in the trenches like everyone else!
  • #121,024
  • Feb 17, 2009 10:28am Feb 17, 2009 10:28am
Quoting ezodisy
but true mate. The internet's a form of communication and the very least a user could is correctly spell his insults
I don't talk bad about people that is not present
  • #121,025
  • Feb 17, 2009 10:29am Feb 17, 2009 10:29am
Quoting manize
Here bro !
Thanks bro!
Just digging in the trenches like everyone else!
  • #121,026
  • Feb 17, 2009 10:30am Feb 17, 2009 10:30am
Quoting jack.canadia
broke your line but i knew the move wouldnt be substantial
that line gave me confidence to consider a sideways movement..so..that let me move over to the jappy..
make a short...nice. drop right now..in +BE now..let it ride ~ 30 pips..then out..
  • #121,027
  • Feb 17, 2009 10:33am Feb 17, 2009 10:33am
below 1.4210 we can remain bearish
  • #121,028
  • Feb 17, 2009 10:34am Feb 17, 2009 10:34am
Quoting sofia101
I don't talk bad about people that is not present
I know this multiple name user impersonates guys and dogs but cross impersonating gals as well is just going too far, its concerning
  • #121,029
  • Feb 17, 2009 10:36am Feb 17, 2009 10:36am
Albeit a somewhat weak-assed approach to market play, I have been taking advantage of a soft hedge play strategy so as to capitalize on the unsure market. Last night set plays for a buy on GBP playing strong over JPY/USD, and set shorts on EUR playing weak against JPY/USD. Capitalized over 100 pips x 2 lots overnight, and took another 50+ this morning x 2 lots.

As there is currently a rise on the EUR/GPY chart, I am holding off the soft hedged trades and going to wait for a correction, but will scalp as the charts dictate.


Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #121,030
  • Feb 17, 2009 10:37am Feb 17, 2009 10:37am
G'day peoples. What are your 3 month and 6 month projections for the Cable?

Mine:

3 month: down to 1.25/1.30 (finds bottom here)
6 month: correction up to 1.60ish
Probability Professor
  • #121,031
  • Feb 17, 2009 10:37am Feb 17, 2009 10:37am
Quoting gdlookinpins
I know this multiple name user impersonates guys and dogs but cross impersonating gals as well is just going too far, its concerning
I don't impersonate anybody I have a lot of people here who knows me ,and this is my name and my picture,
  • #121,032
  • Feb 17, 2009 10:39am Feb 17, 2009 10:39am
Quoting sofia101
I don't talk bad about people that is not present
not true. hes here! one of his multiplenames marked gray at the bottom. so nothing wrong about it.
  • #121,033
  • Feb 17, 2009 10:39am Feb 17, 2009 10:39am
Quoting sofia101
I don't impersonate anybody I have a lot of people here who knows me ,and this is my name and my picture,
I can vouch for that
  • #121,034
  • Feb 17, 2009 10:40am Feb 17, 2009 10:40am
Quoting JammerJams
that line gave me confidence to consider a sideways movement..so..that let me move over to the jappy..
make a short...nice. drop right now..in +BE now..let it ride ~ 30 pips..then out..
Jammer im in from 4243 and 4249 short. Locked profit on both but I would like to see another test of 1.4130/50 as a target.

Right now price is at the 50% of the rally during the euro session, forming a descending triangle at this level but the possibility of upside is still in play with the 1-2-3 pattern plus flag formation. Too much going on!
  • #121,035
  • Feb 17, 2009 10:40am Feb 17, 2009 10:40am
Quoting ezodisy
but true mate. The internet's a form of communication and the very least a user could is correctly spell his insults

too bad Ezo...insults on this site is uncalled for. constructive chriticism is good..but to slam a person verbally is unacceptable...
  • #121,036
  • Feb 17, 2009 10:42am Feb 17, 2009 10:42am
Quoting [Sluggo]
whozit.. don't see no grey name... and being new to this forum, would like to know who not to 'associate' with
All of you, stop with the cock and bull, seriously. If you're in here, talk about the cable. If you have other concerns, pm each other or open a relevant thread.
Probability Professor
  • #121,037
  • Feb 17, 2009 10:42am Feb 17, 2009 10:42am
Quoting jack.canadia
Jammer im in from 4243 and 4249 short. Locked profit on both but I would like to see another test of 1.4130/50 as a target.

Right now price is at the 50% of the rally during the euro session, forming a descending triangle at this level but the possibility of upside is still in play with the 1-2-3 pattern plus flag formation. Too much going on!
Yes..see..that uptrend line did help..it gave a clear indication of a nice drop if broken..and it did...but..the level of drops is so shallow..

gotta take a small break..coffee and smoke..if I did smoke...lol
  • #121,038
  • Feb 17, 2009 10:43am Feb 17, 2009 10:43am
Quoting [Sluggo]
whozit.. don't see no grey name... and being new to this forum, would like to know who not to 'associate' with
he jumps in and out. was here several minutes ago. you will not be able to associate with him because he is banned.
  • #121,039
  • Feb 17, 2009 10:44am Feb 17, 2009 10:44am
Quoting [Sluggo]
mentally or physically not present?
Listen if the guy is band whats the reason to talk bad about him,or you are exercising your sense of humor?If you even know who we talking about.
  • #121,040
  • Feb 17, 2009 10:46am Feb 17, 2009 10:46am
Quoting Galation
All of you, stop with the cock and bull, seriously. If you're in here, talk about the cable. If you have other concerns, pm each other or open a relevant thread.
Well said
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