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Cable Update (GBPUSD)

  • #161,421
  • Aug 27, 2009 1:36pm Aug 27, 2009 1:36pm
Quoting pakitrader
I am long already

stop hunting is already started.

I am with the big boys

who is with me ?


Tc all
..i'm on board!!! long 2 hours ago...he he
  • #161,422
  • Aug 27, 2009 1:37pm Aug 27, 2009 1:37pm
Quoting albchr
Now looking for a test of 6300/30 for short shot.

Watch the dollar...
it's collapsing almost 1%....
Hear the music before the song is over ...
  • #161,423
  • Aug 27, 2009 1:38pm Aug 27, 2009 1:38pm
http://www.forexfactory.com/showpost...stcount=161311

I love it when a plan comes together.

PS Target 1 hit
  • #161,424
  • Aug 27, 2009 1:39pm Aug 27, 2009 1:39pm
Quoting direct-trade
Suit yourself.
Obviously you missunderstood me DT. I'm not shorting (yet). Do you really think this 1 hour spike is the beginning of a new bull run? Me thinks not but I could be wrong. Somethings being cooked up here I just feel it.
Ghost Rider - WWTBMD?
  • #161,425
  • Aug 27, 2009 1:40pm Aug 27, 2009 1:40pm
I'm short from 00.
Took long of the breakout of 75 close at 94...
Going to let this one roll...

Daily TP is reach...
----------------------------------
Good trading all!
Later GM!
  • #161,426
  • Aug 27, 2009 1:40pm Aug 27, 2009 1:40pm
That went up fast. I'll see how this candle closes out. Might wait for it to retrace to Pivot point before re entering.
Attached Image (click to enlarge)
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It's amazing how lucky you are when you make good decisions.
  • #161,427
  • Aug 27, 2009 1:40pm Aug 27, 2009 1:40pm
Quoting GlobalMacro
Watch the dollar collapsing almost 1%....
Yep, look 2 posts above yours...LOL Bouncing back now though.
Ghost Rider - WWTBMD?
  • #161,428
  • Aug 27, 2009 1:41pm Aug 27, 2009 1:41pm
Any one here knows whats going on?
  • #161,429
  • Aug 27, 2009 1:42pm Aug 27, 2009 1:42pm
Quoting albchr
Obviously you missunderstood me DT. I'm not shorting (yet). Do you really think this 1 hour spike is the beginning of a new bull run? Me thinks not but I could be wrong. Somethings being cooked up here I just feel it.
I misunderstood, I'm sorry.

Could be a very large Stop run in progress...ie 300-400 pips. I could be very wrong though, just what my charts show.
  • #161,430
  • Aug 27, 2009 1:43pm Aug 27, 2009 1:43pm
Quoting Inzider
I'm short from 00.
Took long of the breakout of 75 close at 94...
Going to let this one roll...

Daily TP is reach...
----------------------------------
Good trading all!
Later GM!

Have a good one, bro...
Hear the music before the song is over ...
  • #161,431
  • Aug 27, 2009 1:44pm Aug 27, 2009 1:44pm
Quoting topestyles
Any one here knows whats going on?

Yes:

http://www.forexfactory.com/showpost...stcount=161403
  • #161,432
  • Aug 27, 2009 1:44pm Aug 27, 2009 1:44pm
Quoting direct-trade
I misunderstood, I'm sorry.

Could be a very large Stop run in progress...ie 300-400 pips. I could be very wrong though, just what my charts show.
Yeah something going on for sure. But as long as my EJ (now up 137) keeps cooperating, I'll be patient on cable ftm....
Ghost Rider - WWTBMD?
  • #161,433
  • Aug 27, 2009 1:46pm Aug 27, 2009 1:46pm
Quoting albchr
Yep, look 2 posts above yours...LOL Bouncing back now though.

Oops....
Hear the music before the song is over ...
  • #161,434
  • Aug 27, 2009 1:46pm Aug 27, 2009 1:46pm
What do you mean when you say accumulation ?
Look at something long enough, you will eventually get it.
  • #161,435
  • Aug 27, 2009 1:47pm Aug 27, 2009 1:47pm
We were into a channel, we quit it, then we are back in....
15 TF.

00 = short for me ....
Let's see!


Later!
Attached Image (click to enlarge)
Click to Enlarge Name: qq.jpg Size: 163 KB
  • #161,436
  • Aug 27, 2009 1:51pm Aug 27, 2009 1:51pm
Thank You
  • #161,437
  • Aug 27, 2009 1:52pm Aug 27, 2009 1:52pm
Quoting GlobalMacro
Oops....

....
Ghost Rider - WWTBMD?
  • #161,438
  • Aug 27, 2009 1:53pm Aug 27, 2009 1:53pm
Quoting albchr
Yep, look 2 posts above yours...LOL Bouncing back now though.
I think it bounced as it reached the congestion point in the triangle (formed by the bearish channel and the lowermost TL...correct me if I am wrong...

I am attaching below both the charts (one taken few hours back and another one is the recent most)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP-USD H1.jpg Size: 187 KB
Click to Enlarge Name: GBP-USD H1-2.jpg Size: 189 KB
Forex success = Patience + Leverage
  • #161,439
  • Aug 27, 2009 1:55pm Aug 27, 2009 1:55pm
I'd like to see this hour close below daily S/R at 6274 for a short. Dollar bounced back a "little" but not much.....

EDIT: Maybe even the 4H.
Ghost Rider - WWTBMD?
  • #161,440
  • Aug 27, 2009 1:57pm Aug 27, 2009 1:57pm
Oh thats sad it looks bull has lost momentum

I have just entered my second entry for long at 1.6270


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