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Cable Update (GBPUSD)

  • #163,621
  • Sep 4, 2009 6:10am Sep 4, 2009 6:10am
Quoting GlobalMacro
But we were talking about this level the whole time just before NFP and you said go long on 600sma and Repeat....

now you leave us alone and go biking???
lol I don't understand why you waste your time gm
Thank You
  • #163,622
  • Sep 4, 2009 6:12am Sep 4, 2009 6:12am
Quoting wormboy
lol I don't understand why you waste your time gm
He doesn't have a trade on, killing time
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #163,623
  • Sep 4, 2009 6:13am Sep 4, 2009 6:13am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Well, I hope for the best for all of us..
If it reaches 62400 I am buying/adding to position @63000 .....



Quoting nAVIN2007
the chart do not lie.....dollar index has a pin on dailly it broke..people will buy the dollar...the chart always playout the situation in my experience

probably wrong....but the chart point towards cable sinking IMHO
  • #163,624
  • Sep 4, 2009 6:14am Sep 4, 2009 6:14am
Quoting nAVIN2007
the chart do not lie.....dollar index has a pin on dailly it broke..people will buy the dollar...the chart always playout the situation in my experience

probably wrong....but the chart point towards cable sinking IMHO
Navin, Where do you get the USD index chart ?
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #163,625
  • Sep 4, 2009 6:15am Sep 4, 2009 6:15am
Quoting nAVIN2007
u know it bro....we on the same page!!...look like we getting some beers afterall

welldone on the dragon bro.....badass trade!
I thought you forgot

I'm not contented till I hit 147 on dragon bro. stop now moved to 152.75 from 159.
Thank You
  • #163,626
  • Sep 4, 2009 6:15am Sep 4, 2009 6:15am
Quoting akumelayu
Thank You
  • #163,627
  • Sep 4, 2009 6:16am Sep 4, 2009 6:16am
Quoting wormboy
I thought you forgot

I'm not contented till I hit 147 on dragon bro. stop now moved to 152.75 from 159.
  • #163,628
  • Sep 4, 2009 6:16am Sep 4, 2009 6:16am
Quoting Bull_Bear
He doesn't have a trade on, killing time
lol that explains it then
Thank You
  • #163,629
  • Sep 4, 2009 6:17am Sep 4, 2009 6:17am
Cable found support at 55 SMA 4H chart
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #163,630
  • Sep 4, 2009 6:17am Sep 4, 2009 6:17am
15m just closed 6302. Will wait at least 1 more bar (maybe 2) before making any decisions. No hurry for me..........
Ghost Rider - WWTBMD?
  • #163,631
  • Sep 4, 2009 6:18am Sep 4, 2009 6:18am
Quoting wormboy
lol I don't understand why you waste your time gm
Because I don't take insult kindly...(i.e. "you lot" this, "you lot" that) especially if it's pathetically empty, unfounded, baseless, ludicrously arrogant and impolite to other traders...


Anyway....I think you're right bro...lol....some people are better left to their own devices....
Hear the music before the song is over ...
  • #163,632
  • Sep 4, 2009 6:19am Sep 4, 2009 6:19am
Quoting samdani786
Navin, Where do you get the USD index chart ?

..
Attached Image (click to enlarge)
Click to Enlarge Name: trade.gif Size: 70 KB
  • #163,633
  • Sep 4, 2009 6:19am Sep 4, 2009 6:19am
Quoting nAVIN2007
h4 trading. easy peasy.
Thank You
  • #163,634
  • Sep 4, 2009 6:20am Sep 4, 2009 6:20am
Quoting wormboy
lol that explains it then
If she holds this battle looks like she will head north... keep an on the close bro
Attached Image (click to enlarge)
Click to Enlarge Name: Dragon.JPG Size: 92 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #163,635
  • Sep 4, 2009 6:22am Sep 4, 2009 6:22am
Quoting wormboy
I thought you forgot

I'm not contented till I hit 147 on dragon bro. stop now moved to 152.75 from 159.
hell no! .....u saw my weekly chart I did every possible line and it just said down...and the pin on dollar index....was just to much to refuse
  • #163,636
  • Sep 4, 2009 6:23am Sep 4, 2009 6:23am
Quoting wormboy
I thought you forgot

I'm not contented till I hit 147 on dragon bro. stop now moved to 152.75 from 159.
Very patient (more than me), i hold my short since 10 days and just close it at 151.60, let we see on monday (during asian session) if i short gj again or maybe later.....
Trade with the momentum
  • #163,637
  • Sep 4, 2009 6:24am Sep 4, 2009 6:24am
Quoting nAVIN2007
..
Thanks Bro
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #163,638
  • Sep 4, 2009 6:24am Sep 4, 2009 6:24am
Perfectly within the 15m channel. Top to bottom.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_15m.gif Size: 36 KB
Ghost Rider - WWTBMD?
  • #163,639
  • Sep 4, 2009 6:25am Sep 4, 2009 6:25am
Quoting "expert"
Big lots buying to 6325-29 area(SCULPING) and then sell again
Touched Dp line.Closed that longs.Now time to see that 1st short will it come to 6245 area.Sl at BE so..

CCi is at oversold area so might test some uper positions but...If 4hr candle close below 6295 which we tested now as i was hoping i will add some more shorts.

see ya
  • #163,640
  • Sep 4, 2009 6:27am Sep 4, 2009 6:27am
You can laugh about/dismiss the 1min t/f but actually used intelligently it provides some excellent early trading opportunities. the example below is the entry candle I traded at it's close in a reversal set-up on the 1min t/f (it is one of number a repeating set-ups both for trading against trend and with trend after a pullback, I use along with an individual price action confirmation to enter the market at pre-identified potential support/resistance/sbr/rbs areas (in this case a previous 1hr/4hr minor swing hi=prev res=potential rbs) This 1min set-up also had a 5min supporting repeating set-up that I call a Reversal Extreme to add to the confluence of tech reasons to go long there, ie

1. band deviation to 1 and 5min
2. oscillator bullish divergence/extrems 1 and 5min

1 & 2 form repeating indicator set-ups

3. Previous swing hi=previous res=potential rbs visible on 1hr and 4hr
4. mni talking about bids in the 6280/85 zone

Will this result in a reversal of the post NFP sell off? I have no idea and care even less but it provided me with +17pips profit at exit.

Horses for courses, whatever works.

G/L

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