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Cable Update (GBPUSD)

  • #163,201
  • Sep 3, 2009 10:38am Sep 3, 2009 10:38am
Quoting Inzider
Sup Az,
(you like the nikname? its sound like magician Oz )
hey matt how's it going
nah i think worm sounds better. Imagine having to remove the "worm" from the thread name wormhole and replacing it with "az" in front of the hole.
Doesn't sound cute at all
Thank You
  • #163,202
  • Sep 3, 2009 10:42am Sep 3, 2009 10:42am
Quoting wormboy
hey matt how's it going
nah i think worm sounds better. Imagine having to remove the "worm" from the thread name wormhole and replacing it with "az" in front of the hole.
Doesn't sound cute at all
...Sure would have folks looking cross eyed though huh?....
Ghost Rider - WWTBMD?
  • #163,203
  • Sep 3, 2009 10:45am Sep 3, 2009 10:45am
Quoting direct-trade
Anyone following GBP/JPY ATM?

Here's my view: thoughts?
I'm still short dragon bro.
Added new position earlier. Like cable, I still have 2 minilots running from the top of the mountain. Still looking at 147 level before offloading unless price close outside the immediate utl resistance.
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Thank You
  • #163,204
  • Sep 3, 2009 10:46am Sep 3, 2009 10:46am
Good day to you all,

Price continues to flirt with the trendline - hoping for a clear break. No shorts whilst this is in play.

We still have the 50% line of last week @ 1.6347 that may block any further upward movement right now. If this goes, 1.6374 to 1.6380 is on. Should we break here, target is 1.6300.

Gentlemen, I know these are small targets, but I am very far from trading for 100 to 200 pips per shot. Not yet there. Hope to learn from the astute, observant traders on this thread and one day achieve such.

Highest regards
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  • #163,205
  • Sep 3, 2009 10:49am Sep 3, 2009 10:49am
Muahahha!

You got a refined way to see things! Never tough about that.
I'll stick whit your full name now, avoiding any confusion, LOL!
----------

Cable is being an asshole, I did took a lost while sleeping, got back 1/3now, but this no mouvement thing bored me 100%!
I tough 30 would crack...

Well...
  • #163,206
  • Sep 3, 2009 11:09am Sep 3, 2009 11:09am
Quoting wormboy
hey matt how's it going
nah i think worm sounds better. Imagine having to remove the "worm" from the thread name wormhole and replacing it with "az" in front of the hole.
Doesn't sound cute at all
i took a short..
  • #163,207
  • Sep 3, 2009 11:09am Sep 3, 2009 11:09am
i just went short for a profit target of 100 pips. right now i am +15 pips.

we'll see
  • #163,208
  • Sep 3, 2009 11:13am Sep 3, 2009 11:13am
i will just ignore my rules and supports

damnit
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  • #163,209
  • Sep 3, 2009 11:17am Sep 3, 2009 11:17am
aug 18 to 21 -ish was the last time it was above the 3 hour moving av like it is now

It fell back then, but I suppose when it's this far above the moving ave, it's either a genuine reversal or a superb opportunity for a short

It bears very close watching and strong nerves just now
  • #163,210
  • Sep 3, 2009 11:21am Sep 3, 2009 11:21am
That pin just left of the current bar got anything to do with you "throwing caution to the wind?"
  • #163,211
  • Sep 3, 2009 11:28am Sep 3, 2009 11:28am
Quoting TauTrader
That pin just left of the current bar got anything to do with you "throwing caution to the wind?"
i have no idea..i just think short if possible from here has a chance ...any higher..i will forget it

i went long on dragon..got killed for 49 pips in seconds...left me dazed
  • #163,212
  • Sep 3, 2009 11:28am Sep 3, 2009 11:28am
what do you guys see?
  • #163,213
  • Sep 3, 2009 11:32am Sep 3, 2009 11:32am
Quoting sed34
what do you guys see?
A cat's bum

It always walks in front of my screen as soon as she goes to work

++++++++++++

Nobody knows on cable - it's either a reversal and 1.70 or crunch 1.61 and back in the channel

I am just watching and watching and waiting
  • #163,214
  • Sep 3, 2009 11:32am Sep 3, 2009 11:32am
Quoting TauTrader
Good day to you all,

Price continues to flirt with the trendline - hoping for a clear break. No shorts whilst this is in play.

We still have the 50% line of last week @ 1.6347 that may block any further upward movement right now. If this goes, 1.6374 to 1.6380 is on. Should we break here, target is 1.6300.

Gentlemen, I know these are small targets, but I am very far from trading for 100 to 200 pips per shot. Not yet there. Hope to learn from the astute, observant traders on this thread and one day achieve such.

Highest regards
u can all u have to do is take signal from a higher time frame....thats all..looking at your chart yur a good trader, stop putting yourself down..

i take the short cause it looks like a doji forming on dailly.....dollar index.....so dollar might actually move up
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  • #163,215
  • Sep 3, 2009 11:33am Sep 3, 2009 11:33am
Quoting TauTrader
Good day to you all,

Price continues to flirt with the trendline - hoping for a clear break. No shorts whilst this is in play.

We still have the 50% line of last week @ 1.6347 that may block any further upward movement right now. If this goes, 1.6374 to 1.6380 is on. Should we break here, target is 1.6300.

Gentlemen, I know these are small targets, but I am very far from trading for 100 to 200 pips per shot. Not yet there. Hope to learn from the astute, observant traders on this thread and one day achieve such.

Highest regards
Hello tau.
Good to have you sharing your thoughts with us. I appreciate it.
I think there's one little detail you missed out on your chart. I thought you've missed it since the tf you're working on is the m30 & I hope you don't mind me editing your chart by adding a trendline. Solely sharing, not trying to sway your bias in any other way you're not ready to whatsoever.

The yellow trendline which I have added is from the swing low @5980 on the 8th of July to 6275 on the 17th of August. The last spike up a few hours ago @6415 stopped dead at that trendline. Couple the UTL with the LTL which I labelled on your chart again you'll see a rising wedge forming.
One of the other reasons I still see down. Unless of course daily gets to clear above 6380.

Have a good one
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Thank You
  • #163,216
  • Sep 3, 2009 11:34am Sep 3, 2009 11:34am
Quoting sed34
what do you guys see?

We see, Thank God, Tomorrow is friday....
Hear the music before the song is over ...
  • #163,217
  • Sep 3, 2009 11:41am Sep 3, 2009 11:41am
glad to see everyone is in a good mood
  • #163,218
  • Sep 3, 2009 11:45am Sep 3, 2009 11:45am
Except me...still holding my longs. Allready got some pips from scalping, but still in red for today...I need just 15 pips up and I'll be black green today and celebrate with others
-- There's no winner without lose --
  • #163,219
  • Sep 3, 2009 11:48am Sep 3, 2009 11:48am
Quoting allserene
A cat's bum

It always walks in front of my screen as soon as she goes to work
Wow! is that the name of the latest indicator..?..tbh I liked the "average" better....you know which average I'm talking about...fridge and fire...
oh..oh and the "bounce"...lol

lol...

how's it going, Chief...?
Hear the music before the song is over ...
  • #163,220
  • Sep 3, 2009 11:49am Sep 3, 2009 11:49am
Quoting wormboy
Weekly rising wedge holds more weight bro. Until that gets cancelled out I think shorts are much safer bet than longs.

is that what you are telling wormboy?
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