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Cable Update (GBPUSD)

  • #124,761
  • Mar 4, 2009 12:11pm Mar 4, 2009 12:11pm
Quoting ForexRookie
It's good to know i have an allie in the short army. I have entry at 1.4160. How about you?
In @ 1.4157 not going to set S/L as of just yet, if it spikes to my anticipated 1.4182, I will add on way down, if continues to hold below 8Ma on 5 min, will add more on way down.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #124,762
  • Mar 4, 2009 12:17pm Mar 4, 2009 12:17pm
bullish Hidden Divergence on 5min. chart? be careful with shorts. im long from last small low
  • #124,763
  • Mar 4, 2009 12:25pm Mar 4, 2009 12:25pm
Tapped another one on @ 1.4186...

Not so sure we have seen top yet...but will make a few bone on the way down.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #124,764
  • Mar 4, 2009 12:26pm Mar 4, 2009 12:26pm
still not a top..
4210 my chart says, if broken - then ugh..
  • #124,765
  • Mar 4, 2009 12:28pm Mar 4, 2009 12:28pm
took a loss on my short at 4156

wasnt too bad really

this thing just had too much spring back for my liking

and the DOW is on a romp - up 238

normally I would expect profit taking on the DOW tomorrow and a fall back in cable, BUT

I dare not even sell my DOW shares that are up 15 to 17 % today coz this markt could explode upwards

think i will sell a few of em ....
  • #124,766
  • Mar 4, 2009 12:34pm Mar 4, 2009 12:34pm
Quoting for_idea
still not a top..
4210 my chart says, if broken - then ugh..

A little late in the day to be running that high, am going to ride out the shorts, you look good for the up and coming days though imo.

Will be looking @ the longs later on this evening, buy ops should present.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #124,767
  • Mar 4, 2009 12:38pm Mar 4, 2009 12:38pm
Quoting Magix
A little late in the day to be running that high, am going to ride out the shorts, you look good for the up and coming days though imo.

Will be looking @ the longs later on this evening, buy ops should present.
ok ok i dont believe in braking 42XX seriously
but getting to there is likely
  • #124,768
  • Mar 4, 2009 12:43pm Mar 4, 2009 12:43pm
I got shorts across the board, hoping for an EOD FIRE SALE!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #124,769
  • Mar 4, 2009 12:47pm Mar 4, 2009 12:47pm
Quoting Magix
I got shorts across the board, hoping for an EOD FIRE SALE!
"A second marriage is the triumph of hope over experience."
  • #124,770
  • Mar 4, 2009 12:48pm Mar 4, 2009 12:48pm
Quoting allserene
took a loss on my short at 4156

wasnt too bad really

this thing just had too much spring back for my liking

and the DOW is on a romp - up 238

normally I would expect profit taking on the DOW tomorrow and a fall back in cable, BUT

I dare not even sell my DOW shares that are up 15 to 17 % today coz this markt could explode upwards

think i will sell a few of em ....
I've also been stopped out of my short. I will wait for the London open tomorrow to decide what to do next. Good luck with your shares on the Dow.
"The trend is your friend, until the end."
  • #124,771
  • Mar 4, 2009 12:57pm Mar 4, 2009 12:57pm
in my opinion this move can extend up to 1.4280 area ...........even to 1.4350 .......... USD got weaker today main culprit CAD .USD has lost close 250 against Canadian dollar , USD/CHF lost close 150 pips too........GBP/USD has close 53% negative correlation ..........
BANDA333
  • #124,772
  • Mar 4, 2009 12:59pm Mar 4, 2009 12:59pm
Quoting allserene
"A second marriage is the triumph of hope over experience."
HEH...

Right now, 1 wife iz enuff!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #124,773
  • Mar 4, 2009 1:06pm Mar 4, 2009 1:06pm
Quoting BANDA
in my opinion this move can extend up to 1.4280 area ...........even to 1.4350 .......... USD got weaker today main culprit CAD .USD has lost close 250 against Canadian dollar , USD/CHF lost close 150 pips too........GBP/USD has close 53% negative correlation ..........

GU will be bullish
  • #124,774
  • Mar 4, 2009 1:06pm Mar 4, 2009 1:06pm
Quoting ForexRookie
I've also been stopped out of my short. I will wait for the London open tomorrow to decide what to do next. Good luck with your shares on the Dow.
|decided to take the middle course and sell whatever was up 15%

I will buy em back tomorrow I am sure

back into my cable short but not convinced of anything right now

I will watch it for an hour and go to the dentists to spend my caterpillar profit on some nice new tussy pegs - well crowns anyway

Wish I had a super forex profit to go with it but that will have to wait a few hours
  • #124,775
  • Mar 4, 2009 1:14pm Mar 4, 2009 1:14pm
It is good to get your dental flossing and fillings done in time, according to latest research a bug involved in dental plaque formation also cause premature aging even some think that bug can cause myocardial infarction's sometimes due to vascular damage.


Quoting allserene
|decided to take the middle course and sell whatever was up 15%

I will buy em back tomorrow I am sure

back into my cable short but not convinced of anything right now

I will watch it for an hour and go to the dentists to spend my caterpillar profit on some nice new tussy pegs - well crowns anyway

Wish I had a super forex profit to go with it but that will have to wait a few hours
BANDA333
  • #124,776
  • Mar 4, 2009 1:16pm Mar 4, 2009 1:16pm
Targets reached...close 8x positions 4 pairs, 2 still open and a very happy day.

Made more against the trend then with it...I really got to work on this...

Back to the charts, have a great rest of day all!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #124,777
  • Mar 4, 2009 1:21pm Mar 4, 2009 1:21pm
Quoting BANDA
It is good to get your dental flossing and fillings done in time, according to latest research a bug involved in dental plaque formation also cause premature aging even some think that bug can cause myocardial infarction's sometimes due to vascular damage.

I lived in the wet climate of England for 60 years, but after a year here in the wild west with humidity at 15% year round, it is turning me into an old saddlebag like Clint. Think I will have to get some moisturizer on my chops

If I go bald and get a double chin, I could always try this ploy...

http://exiledonline.com/wp-content/u...rg_8awidec.jpg
  • #124,778
  • Mar 4, 2009 1:45pm Mar 4, 2009 1:45pm
Quoting allserene
I lived in the wet climate of England for 60 years, but after a year here in the wild west with humidity at 15% year round, it is turning me into an old saddlebag like Clint. Think I will have to get some moisturizer on my chops

If I go bald and get a double chin, I could always try this ploy...

Nice 35 Pips
  • #124,779
  • Mar 4, 2009 3:17pm Mar 4, 2009 3:17pm
It's so quiet here, could it be time to go long? Or maybe wait for a pullback?
  • #124,780
  • Mar 4, 2009 3:35pm Mar 4, 2009 3:35pm
Quoting kalparker
It's so quiet here, could it be time to go long? Or maybe wait for a pullback?

Waiting for direction here...

Hate to get trapped on a headfake, low volume, easy traps..

I don't believe that any position right now would not gain some profit, but best wait and maximize the plays...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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