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Cable Update (GBPUSD)

  • #142,801
  • Jul 5, 2009 9:26pm Jul 5, 2009 9:26pm
Quoting forexlion
should i prove i am a man ?
Let us see.. this will be very interesting..
  • #142,802
  • Jul 5, 2009 9:29pm Jul 5, 2009 9:29pm
see that is the macd pattern i am talking about

we need to swing up a bit to complete the pattern for a fresh short entry

before that happens, no shorts for me
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 19 KB
  • #142,803
  • Jul 5, 2009 9:32pm Jul 5, 2009 9:32pm
Quoting forexlion
see that is the macd pattern i am talking about

we need to swing up a bit to complete the pattern for a fresh short entry

before that happens, no shorts for me
1 min has entered a small scalp down pattern and 5 min is trying to agree
  • #142,804
  • Jul 5, 2009 9:34pm Jul 5, 2009 9:34pm
FOrexlion so you are from India.. I feel great me to from India...
  • #142,805
  • Jul 5, 2009 9:46pm Jul 5, 2009 9:46pm
Me too from India..
  • #142,806
  • Jul 5, 2009 9:53pm Jul 5, 2009 9:53pm
will it test 6200-6187 again?..that is my main concern rite now...I had been in wait n see mode since last Friday
  • #142,807
  • Jul 5, 2009 9:54pm Jul 5, 2009 9:54pm
Quoting sugihavanza
will it test 6200-6187 again?..that is my main concern rite now...I had been in wait n see mode since last Friday
Yea I agree. Hope it will test on the US session this day.

Pham.
  • #142,808
  • Jul 5, 2009 9:54pm Jul 5, 2009 9:54pm
Quoting forexlion
see that is the macd pattern i am talking about

we need to swing up a bit to complete the pattern for a fresh short entry

before that happens, no shorts for me

we had test 6300 zone . that maybe short zone.
Blogging daily now at www.volume.zone
  • #142,809
  • Jul 5, 2009 9:56pm Jul 5, 2009 9:56pm
WOW so many Indian Guys...
  • #142,810
  • Jul 5, 2009 10:07pm Jul 5, 2009 10:07pm
Quoting malcolmb14
we had test 6300 zone . that maybe short zone.
i am not in favour of shorting just yet, i will wait

but that 1 min scalp was good, missed it
  • #142,811
  • Jul 5, 2009 10:08pm Jul 5, 2009 10:08pm
Quoting malcolmb14
we had test 6300 zone . that maybe short zone.
Yeah, good sell zone. Really struggling to close above it since it open today. Downward is the direction, but it is possible this think will just drag its feet down over the next few weeks without necessarily moving violently.
  • #142,812
  • Jul 5, 2009 10:13pm Jul 5, 2009 10:13pm
if the next 1 hour candle opens above 6300 ............... i might date the air hostess of GU airways
  • #142,813
  • Jul 5, 2009 10:14pm Jul 5, 2009 10:14pm
Quoting forexlion
if the next 1 hour candle opens above 6300 ............... i might date the air hostess of GU airways
shucks she is too horny, the flight took off before time
  • #142,814
  • Jul 5, 2009 10:20pm Jul 5, 2009 10:20pm
classic example of macd trading pattern, both short and then long, any other pattern and i consider the trade as risky

and most importantly 1 hour must agree on direction for safety reasons
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 15 KB
  • #142,815
  • Jul 5, 2009 10:25pm Jul 5, 2009 10:25pm
Quoting giribabu
Me too from India..
me 3
  • #142,816
  • Jul 5, 2009 10:25pm Jul 5, 2009 10:25pm
Quoting forexlion
shucks she is too horny, the flight took off before time
okay miss i need a fresh entry to put a long for 6321 exit
  • #142,817
  • Jul 5, 2009 10:30pm Jul 5, 2009 10:30pm
Quoting forexlion
okay miss i need a fresh entry to put a long for 6321 exit
6321 is previous week close and a tough resistance

break opens 6425 though i doubt it will ever go there
  • #142,818
  • Jul 5, 2009 10:34pm Jul 5, 2009 10:34pm
Quoting forexlion
okay miss i need a fresh entry to put a long for 6321 exit

  1. this is not fair
  2. this is not done
  3. she closed my position even before i could make a post here of having taken it

Attached Image (click to enlarge)
Click to Enlarge Name: entry.jpg Size: 27 KB
  • #142,819
  • Jul 5, 2009 10:37pm Jul 5, 2009 10:37pm
do not be suckered into this up move .. odd how it comes under low volume and before London .... aka bull trap
Blogging daily now at www.volume.zone
  • #142,820
  • Jul 5, 2009 10:38pm Jul 5, 2009 10:38pm
Quoting malcolmb14
do not be suckered into this up move .. odd how it comes under low volume and before London .... aka bull trap
added a short from 1.6323 again wiz big lots still bearish
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