as i said before 1.6550 ,, closing my long posiotions and going out wiz my frindz ,, happy weekend guyz 
Cable Update (GBPUSD)
- #140,581
- Jun 26, 2009 10:12am Jun 26, 2009 10:12am
- | Commercial User | Joined Jun 2009 | 1,254 Posts
- #140,582
- Jun 26, 2009 10:13am Jun 26, 2009 10:13am
- | Joined Jun 2007 | Status: Still Learning :) | 1,203 Posts
- #140,584
- Jun 26, 2009 10:20am Jun 26, 2009 10:20am
just another illustration 4/8 pivot to 6/8 major reversal ... stopped dead
on 6/8 . I guess they do work after all .
Attachment
Thanks for sharing this. I was using the fibopiv daily DK which are fairly close to the MM lines, but the MM seem a bit tighter for reversals.
I'm giving it a try now, and were hanging right on the 7/8 line.
nice!
- #140,585
- Jun 26, 2009 10:21am Jun 26, 2009 10:21am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
hmmm but any idea from where short can be fine???as you are saying we can visit 1.7xx so what do you say from where we can short??
ub
today has been buy dips day , just booted up esignal and price is above the upper value area of yesterday. I thought this might have been a dsitribution day when looking at mt4 , but was mistaken .
I think we will see up to test 1.6600 and then see what happens from there
price punched thru alot of high volume pivots today. That is why it has been up and down , there has been several band of sellers at each of the grey dotted linesi n the attached chart.
we are now above all of that and clear sailing to 1.6600
Blogging daily now at www.volume.zone
- #140,586
- Jun 26, 2009 10:21am Jun 26, 2009 10:21am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
hi Malcomb,
Thanks for sharing this. I was using the fibopiv daily DK which are fairly close to the MM lines, but the MM seem a bit tighter for reversals.
I'm giving it a try now, and were hanging right on the 7/8 line.
nice!
the fibopiv is also a great tool !!!
Blogging daily now at www.volume.zone
- #140,593
- Jun 26, 2009 11:36am Jun 26, 2009 11:36am
- | Joined Oct 2008 | Status: Trader | 1,035 Posts
Okay cable...stop playing! Get back to the floor now!
I have left 2 opened orders for sell
ROBOT FOREX
- #140,594
- Jun 26, 2009 11:47am Jun 26, 2009 11:47am
- Joined Nov 2008 | Status: fx indices commodities | 4,145 Posts
rat
- #140,596
- Jun 26, 2009 12:42pm Jun 26, 2009 12:42pm
What gap are you talking. ? Theres just been a steady rise all day. No spike ups at all.
BTW, looks like NASDAQ's breaking out (to the upside)
And you know, without risk aversion, dollar = no good!
not in a mood not satisfied with the market behaviour well see what happens on sunday night