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Cable Update (GBPUSD)

  • #163,321
  • Sep 3, 2009 2:46pm Sep 3, 2009 2:46pm
That'll do nice sma 1440 M1 bounce, the time was right for a direction change to +30


M1 no way I can make pips on this LOL
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #163,322
  • Sep 3, 2009 2:50pm Sep 3, 2009 2:50pm
Quoting GlobalMacro
OK....gotcha bro...lol

I heard you guys are supposed to have real good wine over there, is that true?
how much does a good bottle of red cost in dollar terms?
Wine for sure is good here.... anything from $10 to $100 and on...
  • #163,323
  • Sep 3, 2009 2:56pm Sep 3, 2009 2:56pm
Quoting Fx1618


u know why its called the Mother City... it takes 9 month for anything to happen... seriously... I know its lame but just a JOKE
Now look.......that joke at the end means it may come from the north ... huh ?

Seriously the last couple of weeks I think the Mother City has lost that status .... but..... this week we are there again...moving into summer......that way...

And it is our ticket / license to respond to "when will it be done?" with..."tomorrow, or the day after tomorrow...next week..."
  • #163,324
  • Sep 3, 2009 3:02pm Sep 3, 2009 3:02pm
Quoting I like steak
Now look.......that joke at the end means it may come from the north ... huh ?

Seriously the last couple of weeks I think the Mother City has lost that status .... but..... this week we are there again...moving into summer......that way...

And it is our ticket / license to respond to "when will it be done?" with..."tomorrow, or the day after tomorrow...next week..."

great buddy, nice place have been there quite a few times and have family down there.... and ye it does come from up north, happy trading and keep the mountain flat, will you
  • #163,325
  • Sep 3, 2009 3:02pm Sep 3, 2009 3:02pm
Quoting Turveyd
That'll do nice sma 1440 M1 bounce, the time was right for a direction change to +30


M1 no way I can make pips on this LOL
You're trading the 24 MA on the H1.... Welcome to higher t/f! You might actually make some money now!
  • #163,326
  • Sep 3, 2009 3:08pm Sep 3, 2009 3:08pm
Quoting gammase1
You're trading the 24 MA on the H1.... Welcome to higher t/f! You might actually make some money now!
thats a first.....D u will see a change now bro...congrats on waking up!
  • #163,327
  • Sep 3, 2009 3:12pm Sep 3, 2009 3:12pm
Quoting direct-trade
Main reason I have been bullish from 16162 with targets upto and including 170, 180 and ultimate target 190 area:

Cup and handle formation on GBP/USD.
[font=Calibri][size=3]Cup and handle formations in Forex are relatively rare. The main criteria is...
bravo man!! ....i owe u 3 beers bro
one was just for the post.......now thats what i call a eye opener...
keep the great trading up!...
  • #163,328
  • Sep 3, 2009 3:12pm Sep 3, 2009 3:12pm
Quoting I like steak
Wine for sure is good here.... anything from $10 to $100 and on...
.
Attached Image
Hear the music before the song is over ...
  • #163,329
  • Sep 3, 2009 3:19pm Sep 3, 2009 3:19pm
Quoting nAVIN2007
good luck..

i closed out....i think wish for a pin isnt quite the same as seeing one....i can always enter at dailly close...
after reading your words about the doji and seeing the price retrace I got out at +23 pips. Its not 100 but i'll take it.
  • #163,330
  • Sep 3, 2009 3:31pm Sep 3, 2009 3:31pm
Quoting gammase1
You're trading the 24 MA on the H1.... Welcome to higher t/f! You might actually make some money now!

I have been all along, 1440sma, 600sma, 200ema, 55ema, 12sma linear is my view with as almost as much detail as I want and accurate SMA figures doing that on a H1 would be well off.

The Dotted green line is the 1440sma perfect, very high odds on market turning from it!!
Attached Image (click to enlarge)
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Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #163,331
  • Sep 3, 2009 5:36pm Sep 3, 2009 5:36pm
I kinda like the bearish daily candle implication, based on what I'm seeing on the 15min.
  • #163,332
  • Sep 3, 2009 6:27pm Sep 3, 2009 6:27pm
Expecting beakout GBP/JPY tonight.

See you NFP.
Attached Image (click to enlarge)
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  • #163,333
  • Sep 3, 2009 7:28pm Sep 3, 2009 7:28pm
Quoting direct-trade
Expecting beakout GBP/JPY tonight.

See you NFP.
Good eye, Thanks for the heads up.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #163,334
  • Sep 3, 2009 8:45pm Sep 3, 2009 8:45pm
Quoting direct-trade
Expecting beakout GBP/JPY tonight.

See you NFP.
Could be a double top forming...
エンジョイライフ！
  • #163,335
  • Sep 3, 2009 9:08pm Sep 3, 2009 9:08pm
i think the direction is sounth
  • #163,336
  • Sep 3, 2009 9:16pm Sep 3, 2009 9:16pm
Quoting direct-trade
Main reason I have been bullish from 16162 with targets upto and including 170, 180 and ultimate target 190 area:

Cup and handle formation on GBP/USD.
Far from arguing about your skill in trading, the handle formation is "suppose" to make at least 50% of last swing up (we have done 23.65 yet) and most of the time it even reach to bottom of the bucket before making last spike.

The bullish move come from the bucket bottom that we have reach, witch been done on the 8/9 of july.
Next upper bucket 1.6513 or 70.

I can be wrong, its trading.
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Attached Image
  • #163,337
  • Sep 3, 2009 9:51pm Sep 3, 2009 9:51pm
Quoting Inzider
Far from arguing about your skill in trading, the handle formation is "suppose" to make at least 50% of last swing up (we have done 23.65 yet) and most of the time it even reach to bottom of the bucket before making last spike.

The bullish move come from the bucket bottom that we have reach, witch been done on the 8/9 of july.
Next upper bucket 1.6513 or 70.

I can be wrong, its trading.
Personally, I love the fact that people can see these formations. Formations that have always just looked like candle after candle to me, kind of like stars always look like stars (sans constellations), and the face of the Virgin Mary in a grilled cheese sammich will never be worth 20k on Ebay, to me.

We all have what we look for, some day, I wanna have the Neo vision of this Matrix in the Forex markets.

Until then, guess I just gunna hafta fly by the seat of my pants and realize that any hold will be profitable in time.

"On a long enough time line, the survival rate for everyone drops to zero."
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #163,338
  • Sep 3, 2009 10:01pm Sep 3, 2009 10:01pm
I will open sell position at 1.6290 my TP is 1.6190 but i will falow it...






Cheers
"Buy on fear, sell on greed !!!
  • #163,339
  • Sep 3, 2009 10:47pm Sep 3, 2009 10:47pm
Quoting Petar_Serbia
I will open sell position at 1.6290 my TP is 1.6190 but i will falow it...






Cheers
Would it go to 1.6290???
  • #163,340
  • Sep 3, 2009 10:49pm Sep 3, 2009 10:49pm
Quoting Magix
Personally, I love the fact that people can see these formations...
I also like buddhism quote from weird movie: in this case fight club...

But this thing ain't that random, it goes from a bucket to another, if not a breakout point. Ain't mystic at all.

As, a "formation" is nothing else then price action between 2 lines... a support and a resistance..

Anyway, let's simplify by "multiplicity is fun and bring opportunities!!"
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