it looks like it
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Cable Update (GBPUSD)
- #158,244
- Aug 16, 2009 9:37pm Aug 16, 2009 9:37pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Bull confirmation on a 15m chart now, dumped into a couple more, should be good for a little run.
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #158,245
- Aug 16, 2009 9:44pm Aug 16, 2009 9:44pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
.. till 1.65XX (1.6505)
I'm on the bullish side, managed to get in @ 1.6439 TP @ 1.6528 Sl @ 1.6395.
We would need to have a break through a strong monthly support trend line @ 1.6436 and a close below 38.2 fib level to confirm any more southward movement.
May all your pips be
We would need to have a break through a strong monthly support trend line @ 1.6436 and a close below 38.2 fib level to confirm any more southward movement.
May all your pips be
- #158,250
- Aug 16, 2009 10:48pm Aug 16, 2009 10:48pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Looks like a suicide trade
..remember another 12 can of rootbeer for 157.11 on GY ........
- #158,251
- Aug 16, 2009 11:25pm Aug 16, 2009 11:25pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
been fishing last 4 days... gonna make this a quick post.
expect less form me ... If i see something different I will keep you all posted , but this is my view. Bearish bias pretty clear to me
expect less form me ... If i see something different I will keep you all posted , but this is my view. Bearish bias pretty clear to me
Blogging daily now at www.volume.zone
- #158,253
- Aug 17, 2009 12:32am Aug 17, 2009 12:32am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
I take it slow & steady tho, no quickies
6420 is the target for me, & see how price reacts there.
No bounce on the daily ltl, no buy. kthanks bye
Thank You 
- #158,255
- Aug 17, 2009 12:40am Aug 17, 2009 12:40am
Weekly is down trend. Daily is up trend but looks like ascending wedge. 4H looks like a begining of head and shoulders. 1H is already down trend. 30 mn is downtrend with a prepared symetrical triangle (market is not yet decided which direction to take). 15 mn shows more powerful price action for down trend than bullish. Level 1.6485 was touched many times, showing like a support line which could be broken if ascending wedge on daily and head and shoulders on 4H (two reversal patterns) will take their normal down rally.
Correlation with GY is around...
If you resist at heart attack, you will be rich from trading.
- #158,257
- Aug 17, 2009 12:54am Aug 17, 2009 12:54am
- | Commercial User | Joined Mar 2009 | 1,423 Posts
Let Price determine your future!
- #158,260
- Aug 17, 2009 1:39am Aug 17, 2009 1:39am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
