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Cable Update (GBPUSD)

  • #164,141
  • Sep 8, 2009 8:55am Sep 8, 2009 8:55am
Quoting Magix
I am ready to go back long on Dragon, targeting 154.62.....
Not yet I'm waiting for cable and EUR to retrace before buying dragon again.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,142
  • Sep 8, 2009 8:55am Sep 8, 2009 8:55am
Quoting wormboy
sorry to hear that bro.
erm looks like the top to me is now. Close any higher than 6600 it's definitely no go for sell
becarefull .....for short.
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  • #164,143
  • Sep 8, 2009 9:00am Sep 8, 2009 9:00am
Quoting Eduardo
Is anybody else thinking what I'm thinking?

It's going to retest 1.65 from the top before it carries on up?
I'm waiting for a touch of 1.6500 and then I'll clear out this short.
Don't let the same dog bite you twice. -- Chuck Berry
  • #164,144
  • Sep 8, 2009 9:01am Sep 8, 2009 9:01am
Quoting Bull_Bear
Not yet I'm waiting for cable and EUR to retrace before buying dragon again.
Checking the daily, MACD forest break, OSMA positive, we should see a touch if not take of first target line before a retrace.

PS, I know this is a Cable thread, Targets on Dragon are just for DD sake.

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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #164,145
  • Sep 8, 2009 9:02am Sep 8, 2009 9:02am
Quoting nAVIN2007
becarefull .....for short.
roger that
Thank You
  • #164,146
  • Sep 8, 2009 9:03am Sep 8, 2009 9:03am
Quoting pippingFury
I'm waiting for a touch of 1.6500 and then I'll clear out this short.
Sounds reasonable. I'd like some clear PA for the long but I'm interested.
  • #164,147
  • Sep 8, 2009 9:10am Sep 8, 2009 9:10am
Quoting Magix
Checking the daily, MACD forest break, OSMA positive, we should see a touch if not take of first target line before a retrace.

PS, I know this is a Cable thread, Targets on Dragon are just for DD sake.

Yeah, I left TP in dragon open, cos I'm looking at where price ends up when the retrace in cable to EUR will take dragon.

I looking at 1.5210 for long but will not if retrace in cable is not complete.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,148
  • Sep 8, 2009 9:13am Sep 8, 2009 9:13am
Quoting nAVIN2007
becarefull .....for short.
I hear ya Nav. I just took 2 shorts two 15m bars ago. Hope I didn't screw up here...lol....

1 at 6525 and 1 at 6531. But I'll kill them quick if it starts looking bad.
Ghost Rider - WWTBMD?
  • #164,149
  • Sep 8, 2009 9:15am Sep 8, 2009 9:15am
Quoting Bull_Bear
lol .... Just my way of getting the corellated pairs correct, was buying Dragon and selling cable. Confucius say "moon and Sun aligned now"

Which way you shooting bro?
I bet Confucius got a better % rate then any indicators.... LOL

1.6450 should be next stop. I took the top and scalling out position for now...
Waiting for 1.6512 to broke...

Later!
  • #164,150
  • Sep 8, 2009 9:17am Sep 8, 2009 9:17am
Quoting Eduardo
Is anybody else thinking what I'm thinking?

It's going to retest 1.65 from the top before it carries on up?
yes that the point to watch
  • #164,151
  • Sep 8, 2009 9:20am Sep 8, 2009 9:20am
Quoting albchr
I hear ya Nav. I just took 2 shorts two 15m bars ago. Hope I didn't screw up here...lol....

1 at 6525 and 1 at 6531. But I'll kill them quick if it starts looking bad.
i bet u have a good position in there. have mine at 1.6566 looking for 1.6460
  • #164,152
  • Sep 8, 2009 9:22am Sep 8, 2009 9:22am
Single lot long GU and EU....

Wanna see a new HOD now!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #164,153
  • Sep 8, 2009 9:24am Sep 8, 2009 9:24am
Quoting beejay
i bet u have a good position in there. have mine at 1.6566 looking for 1.6460
Hope so. 6515 is holding pretty firm ATM. Nice position you have though....

I got cold feet on the 6525 and closed it for a whopping 1.6 pips....LOL Still holding the 6531....
Ghost Rider - WWTBMD?
  • #164,154
  • Sep 8, 2009 9:24am Sep 8, 2009 9:24am
Quoting wormboy
roger that
what the heck....might as well
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  • #164,155
  • Sep 8, 2009 9:31am Sep 8, 2009 9:31am
Quoting albchr
Hope so. 6515 is holding pretty firm ATM. Nice position you have though....

I got cold feet on the 6525 and closed it for a whopping 1.6 pips....LOL Still holding the 6531....
one last attempt on the .6515 and didnt break. i myt as well re consider my position
  • #164,156
  • Sep 8, 2009 9:32am Sep 8, 2009 9:32am
Quoting Magix
Single lot long GU and EU....

Wanna see a new HOD now!
Why would you buy after a 150pip move in EUR and 200 pip move in cable... at levels that are close to resistance? Very dangerous play, waiting for the retrace would be the safer hand to play.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,157
  • Sep 8, 2009 9:35am Sep 8, 2009 9:35am
Quoting Magix
Single lot long GU and EU....

Wanna see a new HOD now!
Well, got my new HOD on EU, cashed out both +63....

w00t!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #164,158
  • Sep 8, 2009 9:38am Sep 8, 2009 9:38am
Quoting beejay
one last attempt on the .6515 and didnt break. i myt as well re consider my position
LOL I just added a short at 6560. About ready to kill the 6531 though. Crazy PA....
Ghost Rider - WWTBMD?
  • #164,159
  • Sep 8, 2009 9:44am Sep 8, 2009 9:44am
Quoting albchr
LOL I just added a short at 6560. About ready to kill the 6531 though. Crazy PA....
Re-established my short right there as well.
Don't let the same dog bite you twice. -- Chuck Berry
  • #164,160
  • Sep 8, 2009 9:45am Sep 8, 2009 9:45am
Pretty goo reason to stay short in EUR for those that took it with me at 1.4500.
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Veni, Vidi, Vici (We came, we saw, we conquered)
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