Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Cable Update (GBPUSD)
- #122,541
- Feb 22, 2009 8:46pm Feb 22, 2009 8:46pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
- #122,543
- Feb 22, 2009 8:49pm Feb 22, 2009 8:49pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
max vol in upper area got gu trapped .....
rsx says down from here ... but i am not buying it yet ......
once that 1.4500 area is tested i will be looking for any sign of a long
I have already closed long of base , scalped again off last test 1.4500 for move to 1.4550 and now waiting to see if we reverse or do we get last drive to 1.4600
rsx says down from here ... but i am not buying it yet ......
once that 1.4500 area is tested i will be looking for any sign of a long
I have already closed long of base , scalped again off last test 1.4500 for move to 1.4550 and now waiting to see if we reverse or do we get last drive to 1.4600
Blogging daily now at www.volume.zone
- #122,544
- Feb 22, 2009 8:51pm Feb 22, 2009 8:51pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Well im out 146 green pips got all my money back from 1 bad loss last week now im back looking to short now
not yet ..... look 15 min
note vol on up bars versus down bars
sells very high risk right now
my instincts tell me buy dips on 5 min till that 15 min volume pattern changes ...also note up bars wide spread .. down bars squat narrow spreads on lower volume than up bars = NO SELLERS IN MARKET RIGHT NOW
Blogging daily now at www.volume.zone
- #122,545
- Feb 22, 2009 8:56pm Feb 22, 2009 8:56pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #122,548
- Feb 22, 2009 9:04pm Feb 22, 2009 9:04pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
this is a very tough spot..macd upward pressure...and cci are pointing overbought. for most all periods...
resistence is at a high level...and may force it down...anyting can happen here...
place tight SL without getting hammered...if we sit here for 1 hr..we are going down..
the fact that there is no downward pressure yet says buy dips ( I just took another quick scalp off 1.4510 )
Nikkei back from lunch in 30 min I think ? ....with nikkie at the daily pivot .... if it goes up could take GU with her
I do have bearish div rsx now .....on 5 min but volume says no sellers interested . so I am expecting we get a very impulsive wave into 1.4600
interesting last 5m in volume gone entirely from market...
Blogging daily now at www.volume.zone
- #122,550
- Feb 22, 2009 9:09pm Feb 22, 2009 9:09pm
- Joined Dec 2008 | Status: Conservative | 2,112 Posts
- #122,552
- Feb 22, 2009 9:11pm Feb 22, 2009 9:11pm
- Joined Jan 2008 | Status: Pipaholics make better lovers ;) | 1,002 Posts
- #122,553
- Feb 22, 2009 9:18pm Feb 22, 2009 9:18pm
- Joined Dec 2008 | Status: Conservative | 2,112 Posts
- #122,554
- Feb 22, 2009 9:22pm Feb 22, 2009 9:22pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #122,557
- Feb 22, 2009 9:43pm Feb 22, 2009 9:43pm
- Joined Jan 2008 | Status: Pipaholics make better lovers ;) | 1,002 Posts
Trendline and possible reversal to long side again @ 1.4500 on my charts, but nothing else supports this notion as of yet.
We are going to have another headfake to the northside imo, as sell side is only confirmed upto 15m charts here.
yes, it looks like we could have one more run to the upside before she gives way to the bears....
- #122,558
- Feb 22, 2009 9:45pm Feb 22, 2009 9:45pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
yes, it looks like we could have one more run to the upside before she gives way to the bears....
This has to be one of the worst pairs for falling asleep...I just effin hate when it does this.
Thanks to a late dinner and watching the GU that I missed short on GJ...
But, the friggen ribs were fantastic! Cooked in Rootbeer and finished on the que!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #122,559
- Feb 22, 2009 9:51pm Feb 22, 2009 9:51pm
yes, it looks like we could have one more run to the upside before she gives way to the bears....
but 1.455 can be the top too n go down
so there's 2 scenario i think..... n the favour still down
- #122,560
- Feb 22, 2009 9:59pm Feb 22, 2009 9:59pm
- Joined Dec 2008 | Status: Conservative | 2,112 Posts