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Cable Update (GBPUSD)

  • #163,681
  • Sep 4, 2009 9:53am Sep 4, 2009 9:53am
If Cable persists with her antics, she would like to close the day in the 1.6350 to 1.6360 area. This is what she is aiming at. Should 1.6347 hold and she weakens, it will have to be to close below 1.6320.

If Cable closes below 1.6320, there will be a stronger chance for further downside movement next week.

Regards
  • #163,682
  • Sep 4, 2009 9:53am Sep 4, 2009 9:53am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
you could be right..didn't have that thought in mind.....
Or may be it's getting loaded for tanking, lol !


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
  • #163,683
  • Sep 4, 2009 9:54am Sep 4, 2009 9:54am
Quoting nAVIN2007
i think yur right...

lol that 61fib still holding
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #163,684
  • Sep 4, 2009 9:55am Sep 4, 2009 9:55am
Quoting GlobalMacro
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!
bahahahahahahhahahahahahahaha
van damme will be roundhousekicking himself if he gets to see how silly he looked busting that move!
Thank You
  • #163,685
  • Sep 4, 2009 9:56am Sep 4, 2009 9:56am
Quoting albchr
LOL...15m closes right at 30............

EDIT: OK, out at 41....jeezzz...I just hate NFP Fridays...LOL
chrissy did u exit or are u stil in bro?
  • #163,686
  • Sep 4, 2009 9:57am Sep 4, 2009 9:57am
Quoting wormboy
bahahahahahahhahahahahahahaha
van damme will be roundhousekicking himself if he gets to see how silly he looked busting that move!
i got the hell out ....it aint going nowhere

can u believe this shit i exit and it sinks
  • #163,687
  • Sep 4, 2009 9:59am Sep 4, 2009 9:59am
Quoting wormboy
bahahahahahahhahahahahahahaha
van damme will be roundhousekicking himself if he gets to see how silly he looked busting that move!
I wonder how hard he begged to get to do that move...
Hear the music before the song is over ...
  • #163,688
  • Sep 4, 2009 10:02am Sep 4, 2009 10:02am
Quoting nAVIN2007
chrissy did u exit or are u stil in bro?
LOL...you're kidding right bro? Read my post you just quoted. Out dude...LOL

In fact, as much as I'd just LOVE to sit here for another 8 hours......watching this dog be confused, I have to run now. All in all a very profitable week.

Have fun folks and book em when you got em....
Ghost Rider - WWTBMD?
  • #163,689
  • Sep 4, 2009 10:07am Sep 4, 2009 10:07am
well looks like 1.6350 was it.. too bad i did not stay for the party
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #163,690
  • Sep 4, 2009 10:08am Sep 4, 2009 10:08am
glad i didnt have a s/l on through the news

It was more whippy than mr whippy the ice cream man

5 years ago i would have had such a s/l

still no clues as to where we go next.....
  • #163,691
  • Sep 4, 2009 10:10am Sep 4, 2009 10:10am
Quoting djambazov84
lol that 61fib still holding
i thought it wasnt i exited and it droped...i enter a sell again....now the mofo going back up...teach me to be so eager..i will leave it now (teach me a lesson
  • #163,692
  • Sep 4, 2009 10:12am Sep 4, 2009 10:12am
Quoting nAVIN2007
i thought it wasnt i exited and it droped...i enter a sell again....now the mofo going back up...teach me to be so eager..i will leave it now (teach me a lesson
neeeeeeeeeever chase a trade u either in or out
the way i handle this is whenever i miss on an entry i already had predetermined I always say to myself...there is gonna be a retest or there is gonna be a next setup
also a little neat trick i have tried for long now whenever there is a severe bounce from a level u had in mind and u did not get in just pull in fibs for the whole move and watch it retrace usually to the 50, 61fib level. has worked for me on ALL timeframes
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #163,693
  • Sep 4, 2009 10:16am Sep 4, 2009 10:16am
Quoting nAVIN2007
i got the hell out ....it aint going nowhere

can u believe this shit i exit and it sinks


welp, unless daily close above 6380, I'm bearish & selling. This week still looks like it'll close lower than the previous, so I'm feeling comfortable about short bias going into next week. 6135 level is where I'm counting my current short to end up btw.

We'll see
Thank You
  • #163,694
  • Sep 4, 2009 10:17am Sep 4, 2009 10:17am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
london is closing and we can see some people are closing their positions.

Seems PA is not meant to go down below 63000 today and rest of the action is for next week...
  • #163,695
  • Sep 4, 2009 10:18am Sep 4, 2009 10:18am
Quoting GlobalMacro
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!
Looks like missy likes it..she's getting funky.....
Shake it Cable! Shake it!

http://www.forexfactory.com/attachme...7&d=1252075893
Hear the music before the song is over ...
  • #163,696
  • Sep 4, 2009 10:21am Sep 4, 2009 10:21am
Quoting djambazov84
neeeeeeeeeever chase a trade u either in or out
the way i handle this is whenever i miss on an entry i already had predetermined I always say to myself...there is gonna be a retest or there is gonna be a next setup
also a little neat trick i have tried for long now whenever there is a severe bounce from a level u had in mind and u did not get in just pull in fibs for the whole move and watch it retrace usually to the 50, 61fib level. has worked for me on ALL timeframes

thank bro ....i do the fib thing as well.....i find it really respects fibs..infact its a huge part of my trading !
need to work on chasing the trade thou...
  • #163,697
  • Sep 4, 2009 10:25am Sep 4, 2009 10:25am
Quoting wormboy


welp, unless daily close above 6380, I'm bearish & selling. This week still looks like it'll close lower than the previous, so I'm feeling comfortable about short bias going into next week. 6135 level is where I'm counting my current short to end up btw.

We'll see
pissed i sold on support....
well if it closes like this it should sink next week assuming theres no bomb alerts
  • #163,698
  • Sep 4, 2009 10:29am Sep 4, 2009 10:29am
hi guys, bit of a newbie here but have been playing around with fibs the last few days and trying to add it into my strategy...

just wondering what points you guys use as your start and stop for them and off what time chart. im trying to trade of the 1H at the moment and have fibs set at 17044 for the highest early august and the recent low of 16114? should i have a more recent high? or could i combine both to get a more thorough support or resistance zone?

cheers
  • #163,699
  • Sep 4, 2009 10:32am Sep 4, 2009 10:32am
any idea where shes going next week?
  • #163,700
  • Sep 4, 2009 10:34am Sep 4, 2009 10:34am
Quoting nAVIN2007
i thought it wasnt i exited and it droped...i enter a sell again....now the mofo going back up...teach me to be so eager..i will
Dont chase it NAV - I have some shorts - but not convinced either way

It will whip crazy over the weekend so i will be out in a couple of hours

Then it will gap over the weekend while we are out...

It's EVIL
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