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Cable Update (GBPUSD)

  • #161,281
  • Aug 27, 2009 7:21am Aug 27, 2009 7:21am
Quoting Bull_Bear
I'm back on the short train now...

1.6200 ... SL... 1.6340... TP 1.6050
Alarm bell has rang and woke me up. Thought i post a quick one.

I have reversed buys at 1.6210... SL... 1.6140... TP 1.6330.

Back to bed guys.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,282
  • Aug 27, 2009 7:34am Aug 27, 2009 7:34am
Follow through my previous short trade, as i dont see sufficient demand coming in to the market.
short @ 1.6204, SL: 1.6237, TP: 1.6050...
  • #161,283
  • Edited 7:51am Aug 27, 2009 7:38am | Edited 7:51am
Still not showing upward movement. I suspect 1.6220 as a strong resistant !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #161,284
  • Aug 27, 2009 7:47am Aug 27, 2009 7:47am
the movement is quite weird after the news and seems still struggling to find a direction.
but i bet the Dow will fall so i took add a short position @1.6210
  • #161,285
  • Aug 27, 2009 7:48am Aug 27, 2009 7:48am
Holy Tug O War Batman !
It's amazing how lucky you are when you make good decisions.
  • #161,286
  • Aug 27, 2009 7:52am Aug 27, 2009 7:52am
Quoting Inzider
Hi all, good trade today everyone!!!!
(Sup WB, GM!?)

------------------------

Broker can say alot of things, and why he would know if this system is good, he's a broker, not a trader.

Ichi is a good system, but 98% accurates.... i doubt.

My 2 cents.

how's it going bro...still holding your short trade ?
Hear the music before the song is over ...
  • #161,287
  • Aug 27, 2009 8:02am Aug 27, 2009 8:02am
Quoting GlobalMacro
how's it going bro...still holding your short trade ?
Hey GM!

Going good!
About you!?

I'm scalping most of the time, only hold long term while sleeping.
I follow 1h/4h candle direction to next bucket...

So yes, for now I hold a short from 1.6215, hoping to see 1.6100 today.
But will reverse over 1.6220.
------------------

Anyone saw the BIG volume on that last 1h candel as 4h is getting in flame.... something is heating up!
Bad thing they both finish as high wave....

http://tbn1.google.com/images?q=tbn:...mages/fire.jpg
  • #161,288
  • Aug 27, 2009 8:07am Aug 27, 2009 8:07am
come on cable, all the way to 5950!
Thank You
  • #161,289
  • Aug 27, 2009 8:11am Aug 27, 2009 8:11am
Quoting wormboy
come on cable, all the way to 5950!
http://www.google.ca/images?q=tbn:42...by_eidolic.jpg
  • #161,290
  • Aug 27, 2009 8:12am Aug 27, 2009 8:12am
I think it will happen the same with these days, after news came out it rally little bit and keeps going down again. check 1h chart I dont see any bounce or uptrend yet good luck all.
  • #161,291
  • Aug 27, 2009 8:13am Aug 27, 2009 8:13am
Quoting $maker
this is a question to the ...
Hi, I'm not familiar with ichimoku, but I do know peaches does.
You can refer to him regarding this matter, I think he knows better.
Here's where you can find him :
http://www.forexfactory.com/showthread.php?t=169369

Hope that helps
Thank You
  • #161,292
  • Aug 27, 2009 8:13am Aug 27, 2009 8:13am
Quoting Inzider
Hey GM!

Going good!
About you!?

I'm scalping most of the time, only hold long term while sleeping.
I follow 1h/4h candle direction to next bucket...

So yes, for now I hold a short from 1.6215, hoping to see 1.6100 today.
But will reverse over 1.6220.
------------------

Anyone saw the BIG volume on that last 1h candel as 4h is getting in flame.... something is heating up!
Bad thing they both finish as high wave....

That's great....
I offloaded all my shorts w/ a nice dough and sitting on the sidelines now...today the market's swinging from fear to greed and back again...they just can't make up their minds....
Hear the music before the song is over ...
  • #161,293
  • Aug 27, 2009 8:13am Aug 27, 2009 8:13am
wow i need a good short stiill in the red for the week
  • #161,294
  • Aug 27, 2009 8:16am Aug 27, 2009 8:16am
Quoting Inzider
http://www.google.ca/images?q=tbn:42...by_eidolic.jpg
lol
Attached Image
Thank You
  • #161,295
  • Aug 27, 2009 8:17am Aug 27, 2009 8:17am
Who needs a good Pivot Point indicator with GMT settings:

http://www.forexfactory.com/showthre...43#post2997943
cut losses short, let profits run.
  • #161,296
  • Aug 27, 2009 8:17am Aug 27, 2009 8:17am
Quoting wormboy
lol
Muahhahahah!

Quoting GlobalMacro
That's great....
I offloaded all my shorts w/ a nice dough and sitting on the sidelines now...today the market's swinging from fear to greed and back again...they just can't make up their minds....
These are some tricky candle!
No doubt!

We are sitting into a master candle on 1h....
  • #161,297
  • Aug 27, 2009 8:20am Aug 27, 2009 8:20am
Quoting wormboy
lol

bro...that's one angry looking panda...
Hear the music before the song is over ...
  • #161,298
  • Aug 27, 2009 8:23am Aug 27, 2009 8:23am
Quoting GlobalMacro
bro...that's one angry looking panda...
lol yea bro.
he knows kung fu and he has a broad sword too. Look out bulls
Thank You
  • #161,299
  • Aug 27, 2009 8:25am Aug 27, 2009 8:25am
Quoting Inzider


These are some tricky candle!
No doubt!

We are sitting into a master candle on 1h....

they're at it again trying to form a pin now...it sure must be nice to have all this money to churn and burn...lol
53 pips range in the last 3 hours w/ nice looking candles going nowhere...lol
Hear the music before the song is over ...
  • #161,300
  • Aug 27, 2009 8:28am Aug 27, 2009 8:28am
By the looks of it, Cable is floating into a decline.

Slow and steady~
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