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Cable Update (GBPUSD)

  • #125,741
  • Mar 9, 2009 8:11pm Mar 9, 2009 8:11pm
rgitt05...do u see any minor pull down?




Quoting mcmartins
we are on the ride...
see u .
  • #125,742
  • Mar 9, 2009 8:23pm Mar 9, 2009 8:23pm
I smell that cable should go down, enough retracement for now
ROBOT FOREX
  • #125,743
  • Mar 9, 2009 8:29pm Mar 9, 2009 8:29pm
i just lot $$$$200 now.........


Quoting Forbes55
I smell that cable should go down, enough retracement for now
  • #125,744
  • Mar 9, 2009 8:30pm Mar 9, 2009 8:30pm
Quoting Forbes55
I smell that cable should go down, enough retracement for now
We are bucking resistance all the way up...small stalling grounds. As much as nothing will come straight down, nothing straight up either....

Entering into really low volume trading, don't think she'll hit the roof in the next hour, to be sure....

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,745
  • Mar 9, 2009 8:32pm Mar 9, 2009 8:32pm
bullish engulf is trying to form on 4h. just be patient. so u wont lose like me. that is what i think any way.
thank u.


Quoting Forbes55
I smell that cable should go down, enough retracement for now
  • #125,746
  • Mar 9, 2009 8:43pm Mar 9, 2009 8:43pm
Is it just a sniff or is it a strong smell. Gosh I don't know what to do now. ANy technical analysis to back that smell up. I think I will stay long.

J


Quoting Forbes55
I smell that cable should go down, enough retracement for now
  • #125,747
  • Mar 9, 2009 8:52pm Mar 9, 2009 8:52pm
Quoting donutman_111
Is it just a sniff or is it a strong smell. Gosh I don't know what to do now. ANy technical analysis to back that smell up. I think I will stay long.

J

IF you not sure what to do by your own charts, is a pretty good idea to sit out the dance. Be a lot prettier partners in the up and coming....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,748
  • Mar 9, 2009 9:04pm Mar 9, 2009 9:04pm
Just being sarcastic, believe me, I know where to be right now. I just thought it was funny when he said smell.

J

Quoting Magix
IF you not sure what to do by your own charts, is a pretty good idea to sit out the dance. Be a lot prettier partners in the up and coming....
  • #125,749
  • Mar 9, 2009 9:08pm Mar 9, 2009 9:08pm
Quoting donutman_111
Just being sarcastic, believe me, I know where to be right now. I just thought it was funny when he said smell.

J
Was actually directed at a lot of people who are using the forum as their technical analysis. Seen some people take a big hit over the last while....would rather see people say, I missed the ride instead of lost my account.

Personally, failed top going to let me wait for another higher low for re-entry...but thats just my take...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,750
  • Mar 9, 2009 9:15pm Mar 9, 2009 9:15pm
I'm looking for a short when I get my signal after the price crosses the 27 SMA. Any takers?
{Promotion Removed}
  • #125,751
  • Mar 9, 2009 9:18pm Mar 9, 2009 9:18pm
CopyCat finish last....
-------------

Price at 50/62 Ema on 15 Tf, could just bounce back or fly higher at this point. we are far from clear signal from me. maby ine next 2 bars and even there.. we got no volume...

I expect 1,3850/1.3900 before any further drop...
  • #125,752
  • Edited 9:39pm Mar 9, 2009 9:22pm | Edited 9:39pm
Quoting ciscoguy
I'm looking for a short when I get my signal after the price crosses the 27 SMA. Any takers?
i will short when she bounce @ 23.6 daily fibo. and just for 10 - 15 pips

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update, nice scalp 15pips in 5 minutes...

see ya all in London session.
  • #125,753
  • Mar 9, 2009 9:40pm Mar 9, 2009 9:40pm
I'm having an epileptic siezure looking at your chart, biax
Adapt to the situation, and exploit.
  • #125,754
  • Mar 9, 2009 9:57pm Mar 9, 2009 9:57pm
be ready so wont get trapped by the bear.
bullish engulf already foemed on 4h.
its very reliable i can tell that...
that is what i think though.
thank u.


Quoting ciscoguy
I'm looking for a short when I get my signal after the price crosses the 27 SMA. Any takers?
  • #125,755
  • Mar 9, 2009 11:56pm Mar 9, 2009 11:56pm
Quoting Inzider
CopyCat finish last....
-------------

Price at 50/62 Ema on 15 Tf, could just bounce back or fly higher at this point. we are far from clear signal from me. maby ine next 2 bars and even there.. we got no volume...

I expect 1,3850/1.3900 before any further drop...
Agreed. No sign of a bottom yet. More selling is expected while cable's below 3900 level. My sincere advise to new traders, short once the pullback is covered instead of going long the wrong way. Keep in mind that price has memory & chances are it'll do the same again. Here I insert the daily, compare to what happened before & decide. I am not suggesting anything. But assuming the trade goes bad for the former, the exit door is closer compared to the latter. Just a thought. I can still be wrong, nothing is certain in this business, except managing risk. So good luck
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Thank You
  • #125,756
  • Mar 9, 2009 11:58pm Mar 9, 2009 11:58pm
LOL

Had to take a nibble at the pause....

Long @ 1.3779...

S/L -20, I know, prolly be giving this to market real fast, but had to try...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,757
  • Mar 10, 2009 12:08am Mar 10, 2009 12:08am
Quoting kerrigor154
I'm having an epileptic siezure looking at your chart, biax
Great Fibo! my 2nd short was hit and tp @ 50 pips.. nice morning!

  • #125,758
  • Mar 10, 2009 12:10am Mar 10, 2009 12:10am
Quoting wormboy
Agreed. No sign of a bottom yet. More selling is expected while cable's below 3900 level. My sincere advise to new traders, short once the pullback is covered instead of going long the wrong way. Keep in mind that price has memory & chances are it'll do the same again. Here I insert the daily, compare to what happened before & decide. I am not suggesting anything. But assuming the trade goes bad for the former, the exit door is closer compared to the latter. Just a thought. I can still be wrong, nothing is certain in this business, except managing...
morning mate
  • #125,759
  • Mar 10, 2009 12:13am Mar 10, 2009 12:13am
O.K WE got the resistance and rejection on the 23.6 fib tried several times on the 15m and could not break it I see us moving down 0fib (3740) then on to next fib line @ 3621. we will see what kind of support we have @ 3740
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  • #125,760
  • Mar 10, 2009 12:19am Mar 10, 2009 12:19am
Quoting biax
Great Fibo! my 2nd short was hit and tp @ 50 pips.. nice morning!

Nice job, short at the 1st fibo resistance !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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