Hero Traders Live to see their Accounts Die!
Cable Update (GBPUSD)
- #145,943
- Jul 14, 2009 4:42am Jul 14, 2009 4:42am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
Based on what?? I mean, you may be right but leads you to believe that?
- #145,944
- Jul 14, 2009 4:43am Jul 14, 2009 4:43am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Based on what?? I mean, you may be right but leads you to believe that?
Only kiddingHow u doing Al..... working hard in your office again mate.
Veni, Vidi, Vici (We came, we saw, we conquered)
- #145,945
- Jul 14, 2009 4:43am Jul 14, 2009 4:43am
- | Membership Revoked | Joined Feb 2008 | 9,794 Posts
Hey WB,
I've never used TL's before (I think they're subjective as to how you draw them and I don't really know how) but, give me your take on this one.
It intersects with my SR at 6320 which is where I've been thinking of shorting. Soooo...if price breaks and closes on the 1H above both my SR and this TL, that would be a good indication that we might go higher?? If it doesn't, then lower??
Just looking for your thoughts......
- #145,947
- Jul 14, 2009 4:46am Jul 14, 2009 4:46am
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
Verily, in every difficulties there is relief
- #145,948
- Jul 14, 2009 4:47am Jul 14, 2009 4:47am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Veni, Vidi, Vici (We came, we saw, we conquered)
- #145,949
- Edited 5:09am Jul 14, 2009 4:49am | Edited 5:09am
I mean the chart is not clear. Maybe stating ur entry point in writing would help.
Didn't bother stating the entry thought it was clear from the chart, its were price is now.
Converging T/Ls, R1, top of the present 4HR range, bottom of the previous 4HR range, Monthly pivot at 336.
Daily pin is against it though so if it makes it down to the DP that may be a good area to long.
Just my opinion I could be and often am very wrong
.
- #145,951
- Jul 14, 2009 4:50am Jul 14, 2009 4:50am
- | Joined Jun 2007 | Status: Still Learning :) | 1,203 Posts
- #145,952
- Jul 14, 2009 4:51am Jul 14, 2009 4:51am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
I think he based it on your trend line mate....
How u doing Al..... working hard in your office again mate.
Hey BB!...
Naaa....LOL....It's 5:49 AM here. A little chilly for the "outside" office...LOL
Stuck to the chair with wheels in the inside one right now.
How about you buddy? Any bias here ATM?
Ghost Rider - WWTBMD?
- #145,953
- Jul 14, 2009 4:52am Jul 14, 2009 4:52am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
simple law if it does not go up then it has to go somewhere if left and right are not available then down
LOL...true but, if I had placed a sell every time it stalled yesterday, I'd be in a world of hurt right now....LOL
Ghost Rider - WWTBMD?
- #145,955
- Jul 14, 2009 4:54am Jul 14, 2009 4:54am
- Joined Mar 2009 | Status: FX | 3,789 Posts
yea holding but where do yo suggest can go short again??i am thinking to go short from 6360-80 and close that long there what do you say??
Ub
Its' ur trade Ub, but thats my opinion
Veni, Vidi, Vici (We came, we saw, we conquered)
- #145,957
- Jul 14, 2009 4:57am Jul 14, 2009 4:57am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Hey BB!...
Naaa....LOL....It's 5:49 AM here. A little chilly for the "outside" office...LOL
Stuck to the chair with wheels in the inside one right now.
How about you buddy? Any bias here ATM?
Veni, Vidi, Vici (We came, we saw, we conquered)
- #145,958
- Jul 14, 2009 5:01am Jul 14, 2009 5:01am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Ghost Rider - WWTBMD?
