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Cable Update (GBPUSD)

  • #153,621
  • Jul 31, 2009 6:52am Jul 31, 2009 6:52am
Quoting GlobalMacro
exactly, man...whew!

now back to business...as we're getting closer to the numbers, seems that the bullies getting cold feet...lol
I'm waiting for the EUR to tank, massive bear flag on the 4h, when that happens, cable city.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #153,622
  • Jul 31, 2009 6:52am Jul 31, 2009 6:52am
Quoting zykas
It is cloudy... it might soon rain.bros.

ahhh, it's been doing this for hours. If I could scalp, I'd be wealthy and sleeping right now...

Wouldn't mind seeing it close down here though.
Ghost Rider - WWTBMD?
  • #153,623
  • Jul 31, 2009 6:55am Jul 31, 2009 6:55am
Waiting for the hour to close....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd 31-07-3.gif Size: 14 KB
Click to Enlarge Name: gbpusd 31-07-4.gif Size: 13 KB
  • #153,624
  • Jul 31, 2009 6:56am Jul 31, 2009 6:56am
I'm short the break of the hourly inside bar. holding into the news...
  • #153,625
  • Jul 31, 2009 6:57am Jul 31, 2009 6:57am
Quoting albchr
These 1 hours are bouncing off the top of my 4H UTL perfectly. Was gonna slap a quick buy in but remebered...can't hedge...
Pleasure should at least be proportional to pain, so one should not disquolified himself/herself from good profits. I am holding this baby for several hundred pips, with a large Trailing Stop, with the 1st PT at 1.6320
Make sure losses are small and profits are bigger!
  • #153,626
  • Jul 31, 2009 6:57am Jul 31, 2009 6:57am
Quoting Bull_Bear
I'm waiting for the EUR to tank, massive bear flag on the 4h, when that happens, cable city.
LOL...you got it bro...
Hear the music before the song is over ...
  • #153,627
  • Jul 31, 2009 7:00am Jul 31, 2009 7:00am
Quoting albchr
These 1 hours are bouncing off the top of my 4H UTL perfectly. Was gonna slap a quick buy in but remebered...can't hedge...
http://www.investtechfx.com/

one pip spread on GU and EU... trading it demo now...
  • #153,628
  • Jul 31, 2009 7:00am Jul 31, 2009 7:00am
Can you explain more ,how you see massive bear flag on eru-usd on 4 H chart??? Cause in my charts on daily and 4 H we may see eur-usd rise at least up to 1.42 ??? Plz can you be more specific?

Quoting Bull_Bear
I'm waiting for the EUR to tank, massive bear flag on the 4h, when that happens, cable city.
  • #153,629
  • Jul 31, 2009 7:05am Jul 31, 2009 7:05am
Inside bar on H1 encompasinglast 6 hrs
Make sure losses are small and profits are bigger!
  • #153,630
  • Jul 31, 2009 7:06am Jul 31, 2009 7:06am
Quoting joechimon
Can you explain more ,how you see massive bear flag on eru-usd on 4 H chart??? Cause in my charts on daily and 4 H we may see eur-usd rise at least up to 1.42 ??? Plz can you be more specific?
Go back on my posts, I posted it earlier
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #153,631
  • Jul 31, 2009 7:07am Jul 31, 2009 7:07am
  •  zykas
  • | Joined Oct 2008 | Status: ... measure thrice, but cut once | 196 Posts
Quoting albchr
ahhh, it's been doing this for hours. If I could scalp, I'd be wealthy and sleeping right now...

Wouldn't mind seeing it close down here though.

This thing can't keep swinging for ever. The load seems heavy for it -so to speak. What goes up must come down. I pray my entry at 6564 is right spot.
I like the Big Dogs because I trade like them
  • #153,632
  • Jul 31, 2009 7:07am Jul 31, 2009 7:07am
Bad GDP = GBP Tank ?
Disclaimer: Check your 1m charts
  • #153,633
  • Jul 31, 2009 7:07am Jul 31, 2009 7:07am
Quoting Bull_Bear
Go back on my posts, I posted it earlier
So BB..we finally here? ...lol

Now this pig will sit here until news...
Ghost Rider - WWTBMD?
  • #153,634
  • Jul 31, 2009 7:07am Jul 31, 2009 7:07am
bearish outside bar now.

Quoting 2be
Inside bar on H1 encompasinglast 6 hrs
  • #153,635
  • Jul 31, 2009 7:13am Jul 31, 2009 7:13am
Quoting albchr
So BB..we finally here? ...lol

Now this pig will sit here until news...
Easy BIG Al
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #153,636
  • Jul 31, 2009 7:15am Jul 31, 2009 7:15am
Quoting advfntrader
bearish outside bar now.
Coffee pulback and the news, seat comfortably and pls fasten the seatbelts
Make sure losses are small and profits are bigger!
  • #153,637
  • Jul 31, 2009 7:16am Jul 31, 2009 7:16am
30min,1hr confirmed. Awaiting 4hr close below level shown on chart before going short, TP's as shown.

2 things about today...

1: Its Friday, which as you know can throw in some unpredictable moves.
2: News.

Holding on till the 4hr confirmation of bearish bias.
Attached Images
  • #153,638
  • Jul 31, 2009 7:16am Jul 31, 2009 7:16am
Quoting Bull_Bear
Easy BIG Al
After sitting here for the last 10 hours, I'm just getting tired...lol
Ghost Rider - WWTBMD?
  • #153,639
  • Jul 31, 2009 7:16am Jul 31, 2009 7:16am
Quoting joechimon
Can you explain more ,how you see massive bear flag on eru-usd on 4 H chart??? Cause in my charts on daily and 4 H we may see eur-usd rise at least up to 1.42 ??? Plz can you be more specific?
This might be clearer...
Attached Image (click to enlarge)
Click to Enlarge Name: EUR.JPG Size: 95 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #153,640
  • Jul 31, 2009 7:20am Jul 31, 2009 7:20am
Hi All,
Is my interpretation of USA GDP is correct? (looks so easy )
GDP positive - Cable down
GDP negative - Cable up ?
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