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Cable Update (GBPUSD)

  • #156,841
  • Aug 11, 2009 5:59am Aug 11, 2009 5:59am
Are you sure? What make u say that?
  • #156,842
  • Aug 11, 2009 6:03am Aug 11, 2009 6:03am
anyway, it's probably because I'm holding short position explains my bias.
But then again cable had cut thru every s/r on it's way down like knife thru butter and a look at H1 shows we are now below an important psychological level. You can scroll all the way back to the 1st of June to see what I mean.
Anyway, good luck
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Thank You
  • #156,843
  • Aug 11, 2009 6:03am Aug 11, 2009 6:03am
LOL, make ya mind up mate, you said that he was talking about gbp/usd and that he got the decimal point the wrong way. Which I agreed to, and I was talking about 1.6500 when he said 165.28, and now you're saying geppy? LMAO, I need more coffee.

Quoting wormboy
dragon is gbp jpy. 165 is about 600 pips away
PM Me If You Need Help!
  • #156,844
  • Aug 11, 2009 6:05am Aug 11, 2009 6:05am
Quoting wormboy
okay. I just think the breakout strategy is the best thing for now if not in any position.
Agreed on the break out strategy bro but I think she needs a reload before an all out assault on the Lower Trend line....... 1.6600 will see a barrage of sellers there to provide the firepower.
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #156,845
  • Aug 11, 2009 6:11am Aug 11, 2009 6:11am
Quoting BobHall
LOL, make ya mind up mate, you said that he was talking about gbp/usd and that he got the decimal point the wrong way. Which I agreed to, and I was talking about 1.6500 when he said 165.28, and now you're saying geppy? LMAO, I need more coffee.
lol yea you need coffee. when I said 165 is not even close which I meant geppy & your reply that 6500 is 40+ pips away you got me confused. That's why I said 165 is about 600 pips away.
Anyway screw that, it's not important.
Thank You
  • #156,846
  • Aug 11, 2009 6:13am Aug 11, 2009 6:13am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Where is Chris now a days folks?
Seems he has stopped trading GU or trading as such.
  • #156,847
  • Aug 11, 2009 6:14am Aug 11, 2009 6:14am
Quoting Bull_Bear
Agreed on the break out strategy bro but I think she needs a reload before an all out assault on the Lower Trend line....... 1.6600 will see a barrage of sellers there to provide the firepower.
okay bro I get what you mean.
btw you remember this damn range? guess what, we're back here lol. I remembered how this stupid range had caused so much confusion since June.
Will be very careful here & not assume anything ..
Thank You
  • #156,848
  • Aug 11, 2009 6:15am Aug 11, 2009 6:15am
Triangle on 5 mn chart?
If you resist at heart attack, you will be rich from trading.
  • #156,849
  • Aug 11, 2009 6:15am Aug 11, 2009 6:15am
Quoting GlobalMacro
I agree buddy...
Sometimes we ride together other times we ride against one another.... Eventually we all find our way on the same path.

It's the initial journey that divides us and its the end journey that unites us....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #156,850
  • Aug 11, 2009 6:16am Aug 11, 2009 6:16am
Quoting wormboy
okay bro I get what you mean.
btw you remember this damn range? guess what, we're back here lol. I remembered how this stupid range had caused so much confusion since June.
Will be very careful here & not assume anything ..
I hear ya
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #156,851
  • Aug 11, 2009 6:16am Aug 11, 2009 6:16am
http://i2.photobucket.com/albums/y28.../beardance.gif
  • #156,852
  • Aug 11, 2009 6:17am Aug 11, 2009 6:17am
hey folks, I think i'm seeing a retrace pattern on the chart , first we have a bullish engulfing candle that bounced of the daily support, plus we are at a cluster of three MAs , a close of 1 hour candle above those MAs could bring up initially to 6500, then 6540 and 6570.
This forum is so informative nad helpful, thank you all guys for your sharing
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  • #156,853
  • Aug 11, 2009 6:23am Aug 11, 2009 6:23am
Quoting Bull_Bear
Sometimes we ride together other times we ride against one another.... Eventually we all find our way on the same path.

It's the initial journey that divides us and its the end journey that unites us....
Yes, Sir!


check her out bro.... HIGH 5....
Hear the music before the song is over ...
  • #156,854
  • Aug 11, 2009 6:26am Aug 11, 2009 6:26am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Market talk of central bank buying in GBP/USD at the 1.6440 level
  • #156,855
  • Aug 11, 2009 6:29am Aug 11, 2009 6:29am
Quoting ams
Market talk of central bank buying in GBP/USD at the 1.6440 level
Wahahahaha...yea...That would be ME...
Hear the music before the song is over ...
  • #156,856
  • Aug 11, 2009 6:29am Aug 11, 2009 6:29am
Quoting GlobalMacro
Yes, Sir!


check her out bro.... HIGH 5....
1.6590 is all I'm taking her too GM...... I want to see a real assault on the lower trend line
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #156,857
  • Aug 11, 2009 6:30am Aug 11, 2009 6:30am
Quoting cesarnc
http://i2.photobucket.com/albums/y28.../beardance.gif
lol. I'll send you a cheque!
Thank You
  • #156,858
  • Aug 11, 2009 6:32am Aug 11, 2009 6:32am
am shorting just now 1.651x SL at 1.653x
buy stop is standing on 1.653x

wish me luck all u masta..
spirit 0f pipping
  • #156,859
  • Aug 11, 2009 6:32am Aug 11, 2009 6:32am
Quoting wormboy
lol. I'll send you a cheque!
You don't have to worry bro your carrying a winning position.... Win / Win situation where I'd like to be
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #156,860
  • Aug 11, 2009 6:37am Aug 11, 2009 6:37am
coverred longs, +50 pips and reversing to short
Make sure losses are small and profits are bigger!
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