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Cable Update (GBPUSD)

  • #164,081
  • Sep 8, 2009 5:48am Sep 8, 2009 5:48am
So, buying the close of the 1hr bullish thrust candle above the underside of the prev asc daily trend line that had been acting as reistance (discussed in post # 164031 and posts before that) netted some +70-75pips and then selling @ the 50% of the major 7044-6111 swing (discussed in post #164053 also) inside a previous 4hr swing hi=previous resistance=potential resistance zone, is also in profit having seen some +25 pips so far.

Well done to any one who recognised the significance of both technical phenomena.

G/L
ex member
  • #164,082
  • Sep 8, 2009 5:50am Sep 8, 2009 5:50am
hello to alllz

haye wormie , BB howz trade ?
holding shorts lol ?
  • #164,083
  • Sep 8, 2009 5:52am Sep 8, 2009 5:52am
Quoting Bull_Bear
You'll hate by tom too
lol I won't. 153.30 is where I draw the line. Close above that I'll long with ya
That has not happened, so for now it's still "see ya @147!"
Thank You
  • #164,084
  • Sep 8, 2009 5:54am Sep 8, 2009 5:54am
Quoting Faryad
hello to alllz

haye wormie , BB howz trade ?
holding shorts lol ?
hey faryad. yup holding new position. getting hammered atm
Thank You
  • #164,085
  • Sep 8, 2009 5:54am Sep 8, 2009 5:54am
Quoting wormboy
screw you dt! lol.

but you called it from rock bottom, stuck to your guns & provided solid analysis along the way. I have nothing but respect for a trader like you
very strong and convicted trader....fuck it!
lets just give him the beers
  • #164,086
  • Sep 8, 2009 5:57am Sep 8, 2009 5:57am
Quoting Faryad
hello to alllz

haye wormie , BB howz trade ?
holding shorts lol ?
Absolutely Foubar for me bro. selling cable, buying Dragon

Some how I have to bring the sun and the moon back in alignment again (ie. correlation i mean).

Wots shotting in your neck of the woods?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,087
  • Sep 8, 2009 5:58am Sep 8, 2009 5:58am
welldone chrissy.......
  • #164,088
  • Sep 8, 2009 5:58am Sep 8, 2009 5:58am
Quoting geribosi
Anybody thinking of shorting cable at this level?

short 6550
tight sl 6580
  • #164,089
  • Sep 8, 2009 5:59am Sep 8, 2009 5:59am
Quoting wormboy
hey faryad. yup holding new position. getting hammered atm
pin on m30
  • #164,090
  • Sep 8, 2009 6:00am Sep 8, 2009 6:00am
Quoting Bull_Bear
Absolutely Foubar for me bro. selling cable, buying Dragon

Some how I have to bring the sun and the moon back in alignment again (ie. correlation i mean).

Wots shotting in your neck of the woods?
lol opposite ends
  • #164,091
  • Sep 8, 2009 6:01am Sep 8, 2009 6:01am
For what's it worth - it seems like the market has followed natural rythm og the Fib's
Attached File(s)
File Type: doc GBEUSD-4.doc   79 KB | 245 downloads
  • #164,092
  • Sep 8, 2009 6:02am Sep 8, 2009 6:02am
Quoting nAVIN2007
welldone chrissy.......
Thanks buddy. Gotta get lucky every once in a while....lol

She's taking a serious breather ATM it would seem.
Ghost Rider - WWTBMD?
  • #164,093
  • Sep 8, 2009 6:05am Sep 8, 2009 6:05am
Quoting nAVIN2007
very strong and convicted trader....fuck it!
lets just give him the beers
Not yet NAV, our battle has not finish.... its either 1.6000 or 1.7000. But the man does deserve a BEER for this effort.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,094
  • Sep 8, 2009 6:06am Sep 8, 2009 6:06am
Quoting Bull_Bear
Not yet NAV, our battle has not finish.... its either 1.6000 or 1.7000. But the man does deserve a BEER for this effort.
Shit, I'd buy him a CASE....lol
Ghost Rider - WWTBMD?
  • #164,095
  • Sep 8, 2009 6:12am Sep 8, 2009 6:12am
Quoting pal-forex
hi
broken resist 1.6430 is very important to see more up trend
Good Luck
TREND IS YOUR FRIEND
  • #164,096
  • Sep 8, 2009 6:24am Sep 8, 2009 6:24am
Quoting albchr
Shit, I'd buy him a CASE....lol
Remember Chris we are traders that drink socially..... give him CASE than his good analysis will be lost.

My Fridays are pretty blurry sometimes.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,097
  • Sep 8, 2009 6:38am Sep 8, 2009 6:38am
6600 here we come. GO BABY GO!!!
Ghost Rider - WWTBMD?
  • #164,098
  • Sep 8, 2009 6:41am Sep 8, 2009 6:41am
Quoting Bull_Bear
Remember Chris we are traders that drink socially..... give him CASE than his good analysis will be lost.

My Fridays are pretty blurry sometimes.....

Naaa...I have this little feeling he'd put his trading above his drinking.
Ghost Rider - WWTBMD?
  • #164,099
  • Sep 8, 2009 6:52am Sep 8, 2009 6:52am
Quoting Bull_Bear
Not yet NAV, our battle has not finish.... its either 1.6000 or 1.7000. But the man does deserve a BEER for this effort.
yes the question is where is the top..
  • #164,100
  • Sep 8, 2009 6:58am Sep 8, 2009 6:58am
Quoting albchr
Shit, I'd buy him a CASE....lol
chris i think this is going further up bro.....
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