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Cable Update (GBPUSD)

  • #151,281
  • Jul 27, 2009 6:31am Jul 27, 2009 6:31am
Quoting nAVIN2007
good decision bro..

one of the signs for me was that the low of today (see dailly)was taken out but the bears couldnt follow through..today may give a bullish outside bar on dailly

switch the chart i have on 4hr gave a pin at the trendline test also that was the other indication

Yeah, it only means we don't pay the bills or eat next month. What the hell...
Ghost Rider - WWTBMD?
  • #151,282
  • Jul 27, 2009 6:33am Jul 27, 2009 6:33am
Quoting Bull_Bear
Chris she's goin north bro.... you went against me again.... Gee two beers you owe me now LOL

Sorry guy, I'll have to owe you. Right now I can't afford the down payment on a free lunch!
Ghost Rider - WWTBMD?
  • #151,283
  • Jul 27, 2009 6:34am Jul 27, 2009 6:34am
Quoting albchr
Nope, not even gonna try. In these market conditions I'm lost. The way I see it I have two choices. Trade and blow the account, don't trade and not blow it. Making money isn't in the cards with the risk I have to take.

Wise man, switch your screen off and go for a walk!!

Just switched on, so no trades as yet.

Hard to Call, EJ Longs, GU's more Range bound slight uptrend though.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #151,284
  • Jul 27, 2009 6:34am Jul 27, 2009 6:34am
You set yourself a high bar....

Quoting albchr
Yeah, it only means we don't pay the bills or eat next month. What the hell...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #151,285
  • Jul 27, 2009 6:34am Jul 27, 2009 6:34am
Quoting albchr
Yeah, it only means we don't pay the bills or eat next month. What the hell...
anyways bro! .i sure hope it gets better for u.

above i posted my reasoning behind my longs it might help..be lucky chris
  • #151,286
  • Jul 27, 2009 6:37am Jul 27, 2009 6:37am
Quoting Bones
You set yourself a high bar....
It was set for me. No choice in the matter.
Ghost Rider - WWTBMD?
  • #151,287
  • Jul 27, 2009 6:41am Jul 27, 2009 6:41am
Quoting Turveyd
Wise man, switch your screen off and go for a walk!!
That would be a great plan...if I could walk for more than 30 steps at a time.

Anyway, I'm outta here. Green pips everyone....
Ghost Rider - WWTBMD?
  • #151,288
  • Jul 27, 2009 6:42am Jul 27, 2009 6:42am
Quoting albchr
That would be a great plan...if I could walk for more than 30 steps at a time.

Anyway, I'm outta here. Green pips everyone....
u too bro!
  • #151,289
  • Jul 27, 2009 6:42am Jul 27, 2009 6:42am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Folks,


Despite cable not making high's for now. Whole month has been positive. So IMO, we will end in +ve. Although it's very hard for to cable to break it's previous high's. You need another 2 weeks worth of good news for that :-)

Volatility is back in the market, major one for "deadly august" !!
  • #151,290
  • Jul 27, 2009 6:46am Jul 27, 2009 6:46am
Quoting albchr
That would be a great plan...if I could walk for more than 30 steps at a time.

Anyway, I'm outta here. Green pips everyone....

Ohhhhh, does your chair spin around ??? If so push away from PC and spin around like your a 4year old, gets you all nice and dizzy, legal high man
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #151,291
  • Jul 27, 2009 6:47am Jul 27, 2009 6:47am
Quoting ams
Folks,


Despite cable not making high's for now. Whole month has been positive. So IMO, we will end in +ve. Although it's very hard for to cable to break it's previous high's. You need another 2 weeks worth of good news for that :-)

Volatility is back in the market, major one for "deadly august" !!
yes august last year broke me in half..very dangerous month but if i had to pick i reckon it will tank..the monthly candle doesnt look promising for bulls so far
  • #151,292
  • Jul 27, 2009 6:52am Jul 27, 2009 6:52am
If she breaks 1.6560... guns are firing both barrels..... 1.6650 will be first TP.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #151,293
  • Jul 27, 2009 6:58am Jul 27, 2009 6:58am
Quoting Bull_Bear
If she breaks 1.6560... guns are firing both barrels..... 1.6650 will be first TP.
if she break that this will be one hell of a trade bro! it should hold for support after and hit the moon..


ABCD pattern
  • #151,294
  • Jul 27, 2009 6:59am Jul 27, 2009 6:59am
Morning All, surely it's bullish. 1.6580 area is a viable target .. let's see. Wish green pips to every one
  • #151,295
  • Jul 27, 2009 7:01am Jul 27, 2009 7:01am
Quoting nAVIN2007
if she break that this will be one hell of a trade bro! it should hold for support after and hit the moon..


ABCD pattern
Steady as she goes bro.... Plan is there, just have to wait for the execution.

AND yes it would be one hell of a trade my friend.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #151,296
  • Jul 27, 2009 7:03am Jul 27, 2009 7:03am
Quoting nAVIN2007
consolidating....in the diamond? (doubt its even a diamond..lol)
Haha That's what I was thinking It doesn't look much like a diamond.

This pair is Bullish / and or ranging. Trade accordingly. Simple as that.
Probability Professor
  • #151,297
  • Jul 27, 2009 7:06am Jul 27, 2009 7:06am
Quoting Galation
Haha That's what I was thinking It doesn't look much like a diamond.

This pair is Bullish / and or ranging. Trade accordingly. Simple as that.

  • #151,298
  • Jul 27, 2009 7:08am Jul 27, 2009 7:08am
Down from here. Phsyc. level.

Ne
  • #151,299
  • Jul 27, 2009 7:09am Jul 27, 2009 7:09am
Knew it bounce at the TL (to the pip), too afraid to pull the trigger....
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 28 KB
Ghost Rider - WWTBMD?
  • #151,300
  • Jul 27, 2009 7:10am Jul 27, 2009 7:10am
NO TECHNICAL ANALYSIS is working today, I will fry us new home sales to hell
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johncen