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Cable Update (GBPUSD)

  • #164,441
  • Sep 9, 2009 2:03pm Sep 9, 2009 2:03pm
Quoting malcolmb14
implode or explode ? lol
lol you got me there. yes implode sounds about right for me
How's it going malcolm? What's your take?
Thank You
  • #164,442
  • Sep 9, 2009 2:03pm Sep 9, 2009 2:03pm
Quoting wormboy
I don't think dollar bears can sit too comfortably. We'll see.

Still shorting cable.


usd for sure is going north and if we see the dow going down more then our cable will be in it's way to hill its a matter of time bro
Attached Image (click to enlarge)
Click to Enlarge Name: usdix.gif Size: 23 KB
  • #164,443
  • Sep 9, 2009 2:10pm Sep 9, 2009 2:10pm
Quoting kill
usd for sure is going north and if we see the dow going down more then our cable will be in it's way to hill its a matter of time bro
Off the cliff you mean? Lol I'll hate it if cable runs up the hill.
You are right tho, patience is the name of the game at the mo. We'll see.
good luck
Thank You
  • #164,444
  • Sep 9, 2009 2:12pm Sep 9, 2009 2:12pm
Quoting wormboy
lol you got me there. yes implode sounds about right for me
How's it going malcolm? What's your take?
I like the sound of "implode" myself. Makes it sound like south and I'm holding short at 6575....

Took all freaking night and day to decide with this drippy PA though....
Ghost Rider - WWTBMD?
  • #164,445
  • Sep 9, 2009 2:20pm Sep 9, 2009 2:20pm
Quoting albchr
I like the sound of "implode" myself. Makes it sound like south and I'm holding short at 6575....

Took all freaking night and day to decide with this drippy PA though....
6575? That's a very good entry bro, nice
Thank You
  • #164,446
  • Sep 9, 2009 2:23pm Sep 9, 2009 2:23pm
Quoting wormboy
6575? That's a very good entry bro, nice
I hope so. Been sitting on it for like 4 hours now and it ain't moved much...

I'd feel a whole lot better if it would close at or below 6500 SOON....LOL
Ghost Rider - WWTBMD?
  • #164,447
  • Sep 9, 2009 2:24pm Sep 9, 2009 2:24pm
Quoting wormboy
lol you got me there. yes implode sounds about right for me
How's it going malcolm? What's your take?

well i have no clue ... lol..

1.6600 holds we have head and hsoulders on daily and it is only a retracement of 50% of down move 1,7000 to 1.6100.

it laso would complete an abc on an elliot wave and wave 2 ( wave 3 if drops from here takes us into 1.5700)

I am taking one day at a time for now and day trading ranges...gj 153 to 151.50 has been a nice earner
Blogging daily now at www.volume.zone
  • #164,448
  • Sep 9, 2009 2:43pm Sep 9, 2009 2:43pm
Quoting albchr
I hope so. Been sitting on it for like 4 hours now and it ain't moved much...

I'd feel a whole lot better if it would close at or below 6500 SOON....LOL
4 hours? That's nothing. 2nd day for me
Thank You
  • #164,449
  • Sep 9, 2009 2:47pm Sep 9, 2009 2:47pm
Quoting wormboy
4 hours? That's nothing. 2nd day for me
Yes, but that's the way you can trade. (lucky dog...)...lol

I'm about to move to BE + a couple just in case.....
Ghost Rider - WWTBMD?
  • #164,450
  • Sep 9, 2009 2:47pm Sep 9, 2009 2:47pm
Quoting malcolmb14
well i have no clue ... lol..
I think that's the first time I see you say that.
Thank You
  • #164,451
  • Sep 9, 2009 2:49pm Sep 9, 2009 2:49pm
Quoting albchr
Yes, but that's the way you can trade. (lucky dog...)...lol

I'm about to move to BE + a couple just in case.....
lol yea, lucky me business is brisk this past few days I didn't have to endure the slow movements.
welp, I'm outta here chris. Have a good one brother
Thank You
  • #164,452
  • Sep 9, 2009 2:52pm Sep 9, 2009 2:52pm
Quoting wormboy
lol yea, lucky me business is brisk this past few days I didn't have to endure the slow movements.
welp, I'm outta here chris. Have a good one brother
Yea that's what I mean. It's a real advantage in my book. I'll get there one day.

Have a great day Azim! See you later...
Ghost Rider - WWTBMD?
  • #164,453
  • Sep 9, 2009 3:23pm Sep 9, 2009 3:23pm
Quoting wormboy
Off the cliff you mean? Lol I'll hate it if cable runs up the hill.
You are right tho, patience is the name of the game at the mo. We'll see.
good luck

Wormboy, you ready to jump on this northward train?
  • #164,454
  • Sep 9, 2009 4:35pm Sep 9, 2009 4:35pm
has broke support and hit 1st target,


Quoting Bones
break?
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf w1 9 sept.gif Size: 21 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #164,455
  • Sep 9, 2009 4:45pm Sep 9, 2009 4:45pm
Is in a downtrend,76 is target

Quoting Bones
the $ has been in strong down trend,may be its time for break up ,got to close over 80,below blue support go to 76
Attached Image (click to enlarge)
Click to Enlarge Name: usdx w1 9 sept.gif Size: 18 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #164,456
  • Edited Sep 10, 2009 3:42am Sep 9, 2009 4:50pm | Edited Sep 10, 2009 3:42am
http://www.forexfactory.com/showpost...stcount=164227
Cable +40pips
Dragon BE

Morning Guys,

Changing my positions to the short side....

Cable short @ 1.6537... SL 1.6640... TP... 1.6400

Dragon short @ 152.30 ... SL 153.20... TP 150.80

See you guys at the London session
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,457
  • Sep 9, 2009 4:56pm Sep 9, 2009 4:56pm
Quoting Bull_Bear
http://www.forexfactory.com/showpost...stcount=164227
Cable +40pips
Dragon BE

Morning Guys,

Changing my positions to the short side....

Cable short @ 1.6437... SL 1.6640... TP... 1.6400

Dragon short @ 152.30 ... SL 153.20... TP 150.80

See you guys at the London session
Hey BB , u mean u short @ 1.6537 not 437 i think , Good luck to u , Chris , Azim and all shorts here
  • #164,458
  • Sep 9, 2009 4:56pm Sep 9, 2009 4:56pm
Possible channel false break to bottom,but evening star at top certainly a tough nut ,may not take without further set back.
$ = weak
£=weak

but whos the weakest this week.

Quoting Bones
No trend to speak of,but I would suspect a blue candle this week.
Attached Image (click to enlarge)
Click to Enlarge Name: usdgbp w1 9 sept.gif Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #164,459
  • Sep 9, 2009 4:58pm Sep 9, 2009 4:58pm
Quoting Bull_Bear
http://www.forexfactory.com/showpost...stcount=164227
Cable +40pips
Dragon BE

Morning Guys,

Changing my positions to the short side....

Cable short @ 1.6437... SL 1.6640... TP... 1.6400

Dragon short @ 152.30 ... SL 153.20... TP 150.80

See you guys at the London session

short cable #.6437 or .6537?
  • #164,460
  • Sep 9, 2009 5:06pm Sep 9, 2009 5:06pm
Kill,

what indicator do you use to help you with the gartley / butterfly pattern identification?

that butterfly on the USDX is very interesting!
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