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Cable Update (GBPUSD)

  • #161,381
  • Aug 27, 2009 11:38am Aug 27, 2009 11:38am
http://www.forexfactory.com/showpost.php?p=2997780&postcount=161279

http://www.forexfactory.com/showpost.php?p=2998082&postcount=161311

Waiting for 4 hr close above level mentioned in posts above. Sitting 10 pips away as I write, my 4hr closes in 24 minutes.
  • #161,382
  • Aug 27, 2009 11:39am Aug 27, 2009 11:39am
Quoting GlobalMacro
Matt, I think 1.6100 is ancient history...bulls have won the game for now...
where you at bro?
Mister GM!

I sit now whit a little drawdown from 1.6217, aiming 1.6267/53.
I'm positive overall so the fellow is happy.

Still aside whit your millions?
You can triger the thing, we'll make it!...

  • #161,383
  • Aug 27, 2009 11:39am Aug 27, 2009 11:39am
Quoting RichLadyFX
I notice that. How do use that in trading Cable?
argghh you got me there as its a cable forum - but it's valid in that GBP is getting whacked by other currencies than the dollar, which reinforces the view that it's a GBP problem rather than dollar strength only
  • #161,384
  • Aug 27, 2009 11:44am Aug 27, 2009 11:44am
Quoting Inzider
Mister GM!

I sit now whit a little drawdown from 1.6217, aiming 1.6267/53.
I'm positive overall so the fellow is happy.

Still aside whit your millions?
You can triger the thing, we'll make it!...


lol...
right! you mean my million C-E-N-T-S ....lol

my longs are already triggered...looking for a nice juicy cuty short squeeze...
Hear the music before the song is over ...
  • #161,385
  • Edited 12:57pm Aug 27, 2009 11:56am | Edited 12:57pm
Quoting Inzider
Awsome!!



Hope you haven't take it like I got big head.
All i'm saying is that waiting for long run sometimes dosen't give you the same result.

Well, for me. And since I understood that, aiming for 10 even 5 pips, i got dam nice return.

Anyway.....
I don't think so, but it was surprised me you had 1xx pips gain in current though job with a thin ranging !

Anyway what is next ? I see a trigger to short on H1 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #161,386
  • Aug 27, 2009 11:56am Aug 27, 2009 11:56am
Quoting GlobalMacro
lol...
right! you mean my million C-E-N-T-S ....lol

my longs are already triggered...looking for a nice juicy cuty short squeeze...
where did you buy bro?
  • #161,387
  • Aug 27, 2009 12:06pm Aug 27, 2009 12:06pm
Quoting Jimz
where did you buy bro?

Check these out:

http://www.forexfactory.com/showpost...stcount=161359


http://www.forexfactory.com/showpost...stcount=161373
Hear the music before the song is over ...
  • #161,388
  • Aug 27, 2009 12:11pm Aug 27, 2009 12:11pm
wow...nice job dude...
so this nite GBP will go up to 6260 ?
  • #161,389
  • Aug 27, 2009 12:12pm Aug 27, 2009 12:12pm
i am thinking this pullback will go to 6175 anyone agree or disagree
  • #161,390
  • Aug 27, 2009 12:12pm Aug 27, 2009 12:12pm
Quoting direct-trade
I knew some of you would have to raid my costume store and post them all over the net. No sense of privacy here, is there? lol
LOL u r always right DT.
  • #161,391
  • Aug 27, 2009 12:12pm Aug 27, 2009 12:12pm
Hey everyone...

Had to limp my crippled butt through another phase of my move this morning. So what did I miss? Doesn't look like much actually. Seems a nice short might be popping up here off the 1H but I probably missed it.
Ghost Rider - WWTBMD?
  • #161,392
  • Aug 27, 2009 12:15pm Aug 27, 2009 12:15pm
Quoting Jimz
wow...nice job dude...
so this nite GBP will go up to 6260 ?
don't be looking for profit targets; that only pollutes the mind.
focus on what the market is telling you and manage your position and money will come by itself.

Trade Smartly !
Hear the music before the song is over ...
  • #161,393
  • Aug 27, 2009 12:20pm Aug 27, 2009 12:20pm
Quoting GlobalMacro
don't be looking for profit targets; that only pollutes the mind.
focus on what the market is telling you and manage your position and money will come by itself.

Trade Smartly !
Best advice I've read in here in weeks GM.... I agree completely. To have a target "area" in mind is one thing. A fixed point will always cost you in the end.
Ghost Rider - WWTBMD?
  • #161,394
  • Aug 27, 2009 12:29pm Aug 27, 2009 12:29pm
Quoting albchr
Best advice I've read in here in weeks GM.... I agree completely. To have a target "area" in mind is one thing. A fixed point will always cost you in the end.
That's right, Chris. That tendency can be very sneaky but we have to fight it.

what're you looking at loading right now?
Hear the music before the song is over ...
  • #161,395
  • Aug 27, 2009 12:48pm Aug 27, 2009 12:48pm
I can't beleive Cable won't make more then 94 pips daily range,...
Dam it's boring!

Hehe!

Quoting manize
Anyway what is next ? I see a trigger to short on H1 !
Waiting that 20 to be broken on my side ....
  • #161,396
  • Aug 27, 2009 12:53pm Aug 27, 2009 12:53pm
EA ping pong. PA today is the kind of crap you would see during a Bank Holiday.


I'm out of here for now, holding Long.

See you tomorrow

Happy Trading.
  • #161,397
  • Aug 27, 2009 12:59pm Aug 27, 2009 12:59pm
Quoting GlobalMacro
That's right, Chris. That tendency can be very sneaky but we have to fight it.

what're you looking at loading right now?
I was just responding to a PM asking for help with trading so I haven't really been watching. Currently I have a long EJ at 133.05. Flat cable atm. How about you?

From the 1H & 4H it sure looks like it wants to take out 6160. Been there several times now. I'll have to check the 15m and see if I can zero in some...
Ghost Rider - WWTBMD?
  • #161,398
  • Aug 27, 2009 1:01pm Aug 27, 2009 1:01pm
Quoting Inzider
I can't beleive Cable won't make more then 94 pips daily range,...
Dam it's boring!

Hehe!



Waiting that 20 to be broken on my side ....
Yes friend, H1 breaks 1.6220, long will safe --> I'll in !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #161,399
  • Aug 27, 2009 1:10pm Aug 27, 2009 1:10pm
Quoting GlobalMacro
what're you looking at loading right now?
I'm thinking about a short at the 6230/40 area GM. We have consistently lower highs over the last 22 hours and it fits within the range. Of course, I'll let PA show me the way if it gets there...
Ghost Rider - WWTBMD?
  • #161,400
  • Aug 27, 2009 1:14pm Aug 27, 2009 1:14pm
New territory, herd will buy breakout, pro will sell...
Long Close at 40....

------------------------
Sold at 70....

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

Muhahhahahah what a SL breakout!!!!!
---------------
Close at 51 = 20 pips in 1 min..... oh well!
Let's do it again! LOL............ sold at 65.... tight stop!
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