DislikedWell wormboy
as we all see eur/usd falling down but that indicator still showing buying signal ... Lets see what happen next ... No signal for cableIgnored
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Cable Update (GBPUSD)
- #138,941
- Jun 22, 2009 6:03am Jun 22, 2009 6:03am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
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- #138,942
- Jun 22, 2009 6:04am Jun 22, 2009 6:04am
- Joined Mar 2009 | Status: FX | 3,789 Posts
BB, if you're referring to Cable then I perfectly understand, tho I would never put my money on any position with the tl narrowing too tight because usually once it breaks out, it is pretty violent.
If you're referring to EU's s/r @3830 I wouldn't put my money on bulls as that level is currently being challenged heavily & I still don't see any sign of strength.
I still see EU falling.
Have a good one buddy
Will join you if she closes below it.
Veni, Vidi, Vici (We came, we saw, we conquered)
- #138,944
- Jun 22, 2009 6:08am Jun 22, 2009 6:08am
- | Commercial User | Joined Mar 2009 | 1,423 Posts
Let Price determine your future!
- #138,945
- Jun 22, 2009 6:09am Jun 22, 2009 6:09am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Been heavily challenged, agreed...... dead and buried @ 1.3830 for a short reversal, not yet buddy, well at least for me.
Will join you if she closes below it.
That's the reason I was asking about the reversal, because I can't for the life of me see it! LOL.
That's the reason I asked Faryad what TF he is referring to. Because if it's lower than h1 tf than I couldn't be arsed bcause I don't look at those.
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- #138,946
- Jun 22, 2009 6:12am Jun 22, 2009 6:12am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
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- #138,947
- Jun 22, 2009 6:15am Jun 22, 2009 6:15am
- | Commercial User | Joined Mar 2009 | 1,423 Posts
I'm already in short my friend. Closing below it & I will add further
That's the reason I was asking about the reversal, because I can't for the life of me see it! LOL.
That's the reason I asked Faryad what TF he is referring to. Because if it's lower than h1 tf than I couldn't be arsed bcause I don't look at those.
Oh Wormboy....I cant explain to you how many times I have been closed out at break even trying to swing trade cable....
I had 2 positions open at 490 and 510 they got closed out for break even while I was in a lot of profit..Its okay...
I also have lower position that i am even ashamed to mention haha...
Ne Ways lets hope we see this reversal soon...
Good Luck
GeppyG
Let Price determine your future!
- #138,948
- Jun 22, 2009 6:15am Jun 22, 2009 6:15am
- Joined Mar 2009 | Status: FX | 3,789 Posts
I'm already in short my friend. Closing below it & I will add further
That's the reason I was asking about the reversal, because I can't for the life of me see it! LOL.
That's the reason I asked Faryad what TF he is referring to. Because if it's lower than h1 tf than I couldn't be arsed bcause I don't look at those.
Veni, Vidi, Vici (We came, we saw, we conquered)
- #138,949
- Jun 22, 2009 6:17am Jun 22, 2009 6:17am
- | Commercial User | Joined Mar 2009 | 1,423 Posts
I dont know what to do. Currently have 1 long @ 1.6460 (-8 pips)
Rich Ladyfx Seems like cable is coming up to visit you
Let Price determine your future!
Rich Ladyfx Seems like cable is coming up to visit you
If your platform doesn't allow same pair hedging-- you can always buy the usd/cad (R3 is 1.1506)
- #138,952
- Jun 22, 2009 6:22am Jun 22, 2009 6:22am
- | Joined Oct 2008 | Status: A witty saying proves nothing. | 1,178 Posts
Probability Professor
- #138,953
- Jun 22, 2009 6:24am Jun 22, 2009 6:24am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Oh Wormboy....I cant explain to you how many times I have been closed out at break even trying to swing trade cable....
I had 2 positions open at 490 and 510 they got closed out for break even while I was in a lot of profit..Its okay...
I also have lower position that i am even ashamed to mention haha...
Ne Ways lets hope we see this reversal soon...
Good Luck
GeppyG
But, I still am leaning towards the possibility this falling before pulling a stunt towards those 7000 or 8000 levels which were being mentioned by others. And judging by the lower position you're still holding on to I take it you're on the same boat as me?
Anyway, good luck on the short buddy
Thank You
- #138,954
- Jun 22, 2009 6:28am Jun 22, 2009 6:28am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #138,955
- Jun 22, 2009 6:28am Jun 22, 2009 6:28am
- | Commercial User | Joined Mar 2009 | 1,423 Posts
Lol, I can understand how frustrating it can be. I'm not trading this pair atm btw, would really hate to be caught on the wrong side of the trade with this tight ranges.
But, I still am leaning towards the possibility this falling before pulling a stunt towards those 7000 or 8000 levels which were being mentioned by others. And judging by the lower position you're still holding on to I take it you're on the same boat as me?
Anyway, good luck on the short buddy
Lets see if the increase the intrest rates on Wednesday........Take us down then wont it...........:-)
Waiting for Grizzly to attack with a vengence...the bulls have been pissing on him for too long....just a matter of time....
Good Luck Wormboy...
Let Price determine your future!
- #138,957
- Jun 22, 2009 6:30am Jun 22, 2009 6:30am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Cable still in ascending triangle, as per the graph.
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