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Cable Update (GBPUSD)

  • #163,661
  • Sep 4, 2009 9:08am Sep 4, 2009 9:08am
Quoting albchr
Short 6305 Not expecting much but lets see...
Well..lol...That may have been a mistake. If it breaks 6330, I take the loss....
Ghost Rider - WWTBMD?
  • #163,662
  • Sep 4, 2009 9:11am Sep 4, 2009 9:11am
Quoting ams
all up to you to see. muah Bullish for the mo.....
If I lose the money, well then so be it....
too close for my liking i think...

lets see how this hour closes.

3300 = up

3000 = down
  • #163,663
  • Sep 4, 2009 9:11am Sep 4, 2009 9:11am
She's trying how much patient I am...hit almost my profit line and then go back down...and I know, if I will close this with small lose, she will blow up really hard

Edit: Closed at no profit, no lose...
-- There's no winner without lose --
  • #163,664
  • Sep 4, 2009 9:17am Sep 4, 2009 9:17am
Quoting albchr
Well..lol...That may have been a mistake. If it breaks 6330, I take the loss....
LOL...15m closes right at 30............

EDIT: OK, out at 41....jeezzz...I just hate NFP Fridays...LOL
Ghost Rider - WWTBMD?
  • #163,665
  • Sep 4, 2009 9:20am Sep 4, 2009 9:20am
where did all the bears go
just kidding guys i`m having a very tough day myself as i was long from 1.6303 from yesterday only to see 80+ pip profit evaporate to a BE. I do see a potential scalp setup short @ 1.6350 which is the 61fib of the total move down for today...
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #163,666
  • Sep 4, 2009 9:22am Sep 4, 2009 9:22am
Good day,

Although 1.6300 is a good level to short, there are a bunch of other keyish levels below that to give way before I will enter short. These I have blocked in blue:

The monthly open price @ 1.6287
The Wednesday close @ 1.6271
The weekly openening @ 1.6268
The weekly 50% line @ 1.6262

Of these, the monthly open @ 1.6287 and the weekly 50% line @ 1.6262 would be the prominent levels to watch.

To the upside (not marked) we still have the 1.6347 key number. Should price stay below this level, we may see further pressure building to the downside. I will only long if this is purposefully broken.

I hope this may assist

Good trading to all
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  • #163,667
  • Sep 4, 2009 9:23am Sep 4, 2009 9:23am
I hope it's bull trap.. go go go
  • #163,668
  • Sep 4, 2009 9:25am Sep 4, 2009 9:25am
something better happen here..this crazy if it goes up from here....
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  • #163,669
  • Sep 4, 2009 9:25am Sep 4, 2009 9:25am
Quoting djambazov84
where did all the bears go
just kidding guys i`m having a very tough day myself as i was long from 1.6303 from yesterday only to see 80+ pip profit evaporate to a BE. I do see a potential scalp setup short @ 1.6350 which is the 61fib of the total move down for today...
Here!

http://www.forexfactory.com/showpost...postcount=2810
Thank You
  • #163,670
  • Sep 4, 2009 9:27am Sep 4, 2009 9:27am
Quoting nAVIN2007
something better happen here..this crazy if it goes up from here....
its respecting it to the pip so far would not rule out a spike to/thru 1.6350
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #163,671
  • Sep 4, 2009 9:27am Sep 4, 2009 9:27am
Quoting TauTrader
Good day,

Although 1.6300 is a good level to short,
Good day to you Tau.

A vouch for you sir!
Ghost Rider - WWTBMD?
  • #163,672
  • Sep 4, 2009 9:28am Sep 4, 2009 9:28am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
watch 64200 area again if PA sees it today...





Quoting albchr
LOL...15m closes right at 30............

EDIT: OK, out at 41....jeezzz...I just hate NFP Fridays...LOL
  • #163,673
  • Sep 4, 2009 9:29am Sep 4, 2009 9:29am
Quoting djambazov84
its respecting it to the pip so far would not rule out a spike to/thru 1.6350
people do like there numbers..lol
  • #163,674
  • Sep 4, 2009 9:30am Sep 4, 2009 9:30am
Quoting nAVIN2007
even if u switch to m1 (no pun intended so lets bury the topic) it just feels like its being driven slowly up to to meet another supply area the M5 has been climbing on declining bearish divergent volume
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #163,675
  • Sep 4, 2009 9:31am Sep 4, 2009 9:31am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
thinking of shorting aud/usd @ 85000
  • #163,676
  • Sep 4, 2009 9:38am Sep 4, 2009 9:38am
Quoting djambazov84
even if u switch to m1 (no pun intended so lets bury the topic) it just feels like its being driven slowly up to to meet another supply area the M5 has been climbing on declining bearish divergent volume

yes there some bearish diverence as well...this is nuts
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  • #163,677
  • Sep 4, 2009 9:41am Sep 4, 2009 9:41am
Good day to you,albchr

Thank you. Appreciated. Now! If I can only manage to trade the damn thing consistently!

I believe the 1.6347 to 1.6355 area will also then be a good level to take a short position, should this be one's bias...But she is making funny noises...

May you prosper.

Highest regards
  • #163,678
  • Sep 4, 2009 9:46am Sep 4, 2009 9:46am
i have the bad feeling that this is gonna be all the action we`ll be seeing today with that holiday in US most people probably took off/end of week etc..

p.s. this crap does not look like its ready to fall either
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #163,679
  • Sep 4, 2009 9:50am Sep 4, 2009 9:50am
Quoting djambazov84
i have the bad feeling that this is gonna be all the action we`ll be seeing today with that holiday in US most people probably took off/end of week etc..

p.s. this crap does not look like its ready to fall either
i think yur right...
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  • #163,680
  • Sep 4, 2009 9:51am Sep 4, 2009 9:51am
Here's something to ease up the pressure....from craziness of this schizo cable missy...

Cable should learn to move like this....

FreakyFriday!!!!!yoooohooooo...

Move Cable! Move!
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Hear the music before the song is over ...
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