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Cable Update (GBPUSD)

  • #151,721
  • Jul 28, 2009 2:17am Jul 28, 2009 2:17am
Quoting stewrigh



I aways look at all tf's and my bias is still L-O-N-G LOL.

See Stew, this is what I meant by long term. This range at the 38.2 has been going on for a quite a while now. Now will she pop? Yep, will it be up or down?

But until it does, I see opportunity both ways. That's all. Certainly not saying I'm right or wrong. Just that this is what it is (right now)...

For (me), I think you have to flexiable in this market. But then, that's just me.
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #151,722
  • Jul 28, 2009 2:20am Jul 28, 2009 2:20am
  •  zykas
  • | Joined Oct 2008 | Status: ... measure thrice, but cut once | 196 Posts
It's the bull , no ! the bear no.! hmm. serious moment of decision taking.Do it right and the pips will flow.
I like the Big Dogs because I trade like them
  • #151,723
  • Jul 28, 2009 2:21am Jul 28, 2009 2:21am
Ok im of to work now..have a good day ladies and gents

chris trade safe buddy..
  • #151,724
  • Jul 28, 2009 2:23am Jul 28, 2009 2:23am
Isnt your TL breached?


Quoting albchr
See Stew, this is what I meant by long term. This range at the 38.2 has been going on for a quite a while now. Now will she pop? Yep, will it be up or down?

But until it does, I see opportunity both ways. That's all. Certainly not saying I'm right or wrong. Just that this is what it is (right now)...

For (me), I think you have to flexiable in this market. But then, that's just me.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #151,725
  • Jul 28, 2009 2:23am Jul 28, 2009 2:23am
Watch euro today...
  • #151,726
  • Jul 28, 2009 2:23am Jul 28, 2009 2:23am
Quoting nAVIN2007
Ok im of to work now..have a good day ladies and gents

chris trade safe buddy..
Have a great one Nav.....
Ghost Rider - WWTBMD?
  • #151,727
  • Jul 28, 2009 2:25am Jul 28, 2009 2:25am
Quoting KillPhil08
Watch euro today...
Yep, have been Phil. Just made a new high over that darned 4300...LOL
Ghost Rider - WWTBMD?
  • #151,728
  • Jul 28, 2009 2:27am Jul 28, 2009 2:27am
The eur itself is flat ATM the $ is the driver

Quoting KillPhil08
Watch euro today...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #151,729
  • Jul 28, 2009 2:28am Jul 28, 2009 2:28am
Quoting albchr
See Stew, this is what I meant by long term. This range at the 38.2 has been going on for a quite a while now. Now will she pop? Yep, will it be up or down?

But until it does, I see opportunity both ways. That's all. Certainly not saying I'm right or wrong. Just that this is what it is (right now)...

For (me), I think you have to flexiable in this market. But then, that's just me.
Maybe that Higher low on your daily chart may push the GU up...Just maybe...
Never Stop Learning...
  • #151,730
  • Jul 28, 2009 2:28am Jul 28, 2009 2:28am
Quoting KillPhil08
Watch euro today...
Cheers Phil, good heads up!
A pip is only worth it if you know how much you risked to earn it
  • #151,731
  • Jul 28, 2009 2:29am Jul 28, 2009 2:29am
Quoting Bones
Isnt your TL breached?
Breached but not closed. Has been 3 times but still closed below each day.

Definitely being challenged though.

But like I've said before. Enough days of running flat and NO TL will hold...LOL
Ghost Rider - WWTBMD?
  • #151,732
  • Jul 28, 2009 2:30am Jul 28, 2009 2:30am
Quoting akumelayu
SAY NO TO LONG
say yes say yes...
  • #151,733
  • Jul 28, 2009 2:31am Jul 28, 2009 2:31am
Quoting chonyc
Maybe that Higher low on your daily chart may push the GU up...Just maybe...

Maybe.

Bottom line for me is, I don't care which way it goes. As long as it goes...LOL
Ghost Rider - WWTBMD?
  • #151,734
  • Jul 28, 2009 2:33am Jul 28, 2009 2:33am
Quoting ayeen38
say yes say yes...
hahahah..lyn je.....

if the the price still not close above 16660..i still hold my short
  • #151,735
  • Jul 28, 2009 2:34am Jul 28, 2009 2:34am
OK not confirmed break ,but dosent that it high risk short?
Tested but not rejected

Quoting albchr
Breached but not closed. Has been 3 times but still closed below each day.

Definitely being challenged though.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #151,736
  • Jul 28, 2009 2:35am Jul 28, 2009 2:35am
Quoting Bones
OK not confirmed break ,but dosent that it high risk short?
Tested but not rejected

You got to this first...LOL I added to my post, enough days of running flat and no TL will hold...LOL

Yes it is high risk. But you know my situation.

This is why side to side S/R is far stronger to me than TL's.
Ghost Rider - WWTBMD?
  • #151,737
  • Jul 28, 2009 2:38am Jul 28, 2009 2:38am
Quoting albchr
You got to this first...LOL I added to my post, enough days of running flat and no TL will hold...LOL

Yes it is high risk. But you know my situation.
no risk no reward
  • #151,738
  • Jul 28, 2009 2:40am Jul 28, 2009 2:40am
Quoting albchr
See Stew, this is what I meant by long term. This range at the 38.2 has been going on for a quite a while now. Now will she pop? Yep, will it be up or down?

But until it does, I see opportunity both ways. That's all. Certainly not saying I'm right or wrong. Just that this is what it is (right now)...

For (me), I think you have to flexiable in this market. But then, that's just me.
Thats exactly what I'm looking at and my target is the 50 fib where it may turn.

Being flexible to me means going with the flow and not trying to buck the trend.
  • #151,739
  • Jul 28, 2009 2:42am Jul 28, 2009 2:42am
Quoting akumelayu
no risk no reward

Agree but its a good idea to always minimise the risk where possible and that means going with the trend.
  • #151,740
  • Jul 28, 2009 2:43am Jul 28, 2009 2:43am
Quoting stewrigh
Thats exactly what I'm looking at and my target is the 50 fib where it may turn.

Being flexible to me means going with the flow and not trying to buck the trend.

We've had this conversation before. That's fine when you're building a nest egg. Doesn't work when you have to make more than double your account every month to live.

Hey buddy, not arguing with you. You trade to your needs, I'll trade to mine.

I have NO bias. PA all the way works for me...
Ghost Rider - WWTBMD?
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