Veni, Vidi, Vici (We came, we saw, we conquered)
Cable Update (GBPUSD)
- #161,683
- Aug 28, 2009 8:54am Aug 28, 2009 8:54am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Good day to you all!
Some of you are ripping today! I have been busy with business issues and travelling for the last 3 days...
We currently are in an uptrend. Sure, one can tweak your charts to reflect any direction, and we trade what we see. therefor we will have different opinions. That's great! We decide on direction based on relevant information. Relevant to you at the time of entering the trade.
For me, trend is up right here, right now.
The blue trajectory line indicates average close prices of the bars as we go. It tells me up. So I may assume long. BUT, projection for next week still shows a bearish bias. Going into Monday, there WILL be pips to the upside - expecting 1.6385, but from there, it could go anywhere. All the way back to 1.6150 and beyond is not excluded. If price closes below todays open, odds obviously favours the downside going into next week.
As we stand now, I will be going for longs in the short term going forward - entering on retraces every 30 pips below the projection line and getting out as we cross/touch. I will take all S/R lines into consideration in deciding entry/exit.
Currently in a short on eurjpy. If price does not close below 1.3412 today, my bias has to change to either ranging or bullish. This will then also add mojo to my bullish sentiment on GU.
This thread is incredible. There are extremely capable members posting here and I listen, read, observe and shake my head in disbelief at times...snipers indeed.
To all the seasoned members here - kudos to you
My you prosper
Some of you are ripping today! I have been busy with business issues and travelling for the last 3 days...
We currently are in an uptrend. Sure, one can tweak your charts to reflect any direction, and we trade what we see. therefor we will have different opinions. That's great! We decide on direction based on relevant information. Relevant to you at the time of entering the trade.
For me, trend is up right here, right now.
The blue trajectory line indicates average close prices of the bars as we go. It tells me up. So I may assume long. BUT, projection for next week still shows a bearish bias. Going into Monday, there WILL be pips to the upside - expecting 1.6385, but from there, it could go anywhere. All the way back to 1.6150 and beyond is not excluded. If price closes below todays open, odds obviously favours the downside going into next week.
As we stand now, I will be going for longs in the short term going forward - entering on retraces every 30 pips below the projection line and getting out as we cross/touch. I will take all S/R lines into consideration in deciding entry/exit.
Currently in a short on eurjpy. If price does not close below 1.3412 today, my bias has to change to either ranging or bullish. This will then also add mojo to my bullish sentiment on GU.
This thread is incredible. There are extremely capable members posting here and I listen, read, observe and shake my head in disbelief at times...snipers indeed.
To all the seasoned members here - kudos to you
My you prosper
- #161,684
- Aug 28, 2009 8:55am Aug 28, 2009 8:55am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,685
- Aug 28, 2009 8:57am Aug 28, 2009 8:57am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
- #161,686
- Aug 28, 2009 8:59am Aug 28, 2009 8:59am
- Joined Mar 2009 | Status: FX | 3,789 Posts
How u going bro?
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,687
- Aug 28, 2009 9:01am Aug 28, 2009 9:01am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Friday danger.....
Crook today, no Beers unfortunately but you load up bro
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,688
- Aug 28, 2009 9:05am Aug 28, 2009 9:05am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Gras man I just sold Dragon too 152.70... SL 153.80.. TP 150.00
How u going bro?
maria 153 n 153.50...gu at 37 area.....
- #161,690
- Aug 28, 2009 9:09am Aug 28, 2009 9:09am
- | Commercial User | Joined Feb 2008 | 1,440 Posts
Short from 45....
Let's see!!
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Good friday ALLLLLLL!
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WB forget the threesome, you already have a date whit LadyFX.... LOL
Do you have polygamy in your country?!? hehe.....
Let's see!!
-------------------
Good friday ALLLLLLL!
--------------
WB forget the threesome, you already have a date whit LadyFX.... LOL
Do you have polygamy in your country?!? hehe.....
- #161,692
- Aug 28, 2009 9:12am Aug 28, 2009 9:12am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Short from 45....
Let's see!!
-------------------
Good friday ALLLLLLL!
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,694
- Aug 28, 2009 9:16am Aug 28, 2009 9:16am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Short from 45....
Let's see!!
-------------------
Good friday ALLLLLLL!
--------------
WB forget the threesome, you already have a date whit LadyFX.... LOL
Do you have polygamy in your country?!? hehe.....
- #161,696
- Aug 28, 2009 9:19am Aug 28, 2009 9:19am
- | Commercial User | Joined Feb 2008 | 1,440 Posts
Lets push her below 1.6280....
I traced a channel over 1h, old one lying there... and price just knock off the upper channel so I said ... hum......
So here we are! LOL
1.6307
- #161,697
- Aug 28, 2009 9:27am Aug 28, 2009 9:27am
- Joined Mar 2009 | Status: FX | 3,789 Posts
The millions are on the road!
I traced a channel over 1h, old one lying there... and price just know off the upper channel so I said ... hum......
So here we are! LOL
1.6307
The BEERS are on the wall
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,698
- Aug 28, 2009 9:29am Aug 28, 2009 9:29am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,699
- Aug 28, 2009 9:35am Aug 28, 2009 9:35am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
- #161,700
- Aug 28, 2009 9:39am Aug 28, 2009 9:39am
- | Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts