hey buddy. im with you.i see 1.6520 as a piece of cake, my first target shd be 1.6450. i hope im ryt
Although I don't see it getting there anytime soon.
Ghost Rider - WWTBMD?
Cable Update (GBPUSD)
- #165,361
- Sep 14, 2009 9:35am Sep 14, 2009 9:35am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Although I don't see it getting there anytime soon.
Good day to you all,
Looking at the 1hr chart, the following: ( areas of interest marked)
1) Interim support was found at the 50% level of last week @ 1.6531 together with the lower level of the weekly channel by low @ 1.6530.
2) Price now retraced to the current week 50% line @ 1.6602 area, which will offer resistance.
3) The parallel trendline which runs around the 1.6620-1.6630 area now, is our guide. Should price respect this line, the trend will remain bearish and price may come down to retest or break todays lows.( today or tomorrow or...
- #165,363
- Sep 14, 2009 9:37am Sep 14, 2009 9:37am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
lol...you're right she is...but I was off-screen when I should have sold...so I'm gonna stay out for now and wait....
Thank You
- #165,364
- Sep 14, 2009 9:38am Sep 14, 2009 9:38am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
I always wondered what a "Cross Ball Party" was....now I know....Ouch!...
Ghost Rider - WWTBMD?
- #165,365
- Sep 14, 2009 9:39am Sep 14, 2009 9:39am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
i eur trade is at my stop, azim cross your balls as well bro..i need all the help i can get
went short as well chris.....my balls are crossed
Thank You
- #165,366
- Sep 14, 2009 9:40am Sep 14, 2009 9:40am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
i also believe its going down but the problem is that either if 4hrs opening in upchannel of ltl of 4 hrs trend line or a stop hunt. We have major data tommorow and day after tommorow before dropping they can move it to upward.
You worry too much my friend. You have already set out what you want from your trade. Stick with it till proven wrong I say, less contemplating = less headache
Thank You
- #165,367
- Sep 14, 2009 9:40am Sep 14, 2009 9:40am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
okay .. dunno how much longer I can hold tho .. I'm beginning to turn green
- #165,368
- Sep 14, 2009 9:42am Sep 14, 2009 9:42am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
@ Wormboy and nAVIN - I hope you guys get "your tackle" untwisted before you start posting with "a squeaky voice".....
I'm off for a swim.......plenty of short pips banked this morning and long onesthis afternoon - Europewise.....BFN
PS I'd be watching Swissy's potential double bottom made about half an hour ago - IMO that's the key to the current situation.....
- I hope you guys get "your tackle" untwisted before you start posting with "a squeaky voice".....I'm off for a swim.......plenty of short pips banked this morning and long onesthis afternoon - Europewise.....BFN
PS I'd be watching Swissy's potential double bottom made about half an hour ago - IMO that's the key to the current situation.....
Trading Levels with WRBs
- #165,369
- Sep 14, 2009 9:42am Sep 14, 2009 9:42am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
very wise bro
but what the heck I'm gonna wait and watch...
Hear the music before the song is over ...
- #165,370
- Sep 14, 2009 9:44am Sep 14, 2009 9:44am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
I like this
If one looks hard enough from both sides, there will always be some indications in your favour. We can only adjust our views based on what price is doing. The market will prove us wrong or right.
This is my plan and this I will trade. If/when wrong, I move on.
Time will tell...
Thank you for your comment. Let me ask you, what do You see?
Highest regards
- #165,371
- Sep 14, 2009 9:47am Sep 14, 2009 9:47am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
@ Wormboy and nAVIN
I'm off for a swim.......plenty of short pips banked this morning and long onesthis afternoon - Europewise.....BFN
Have a good one!
Thank You
- #165,372
- Sep 14, 2009 9:49am Sep 14, 2009 9:49am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
I have to say tho bro...the current level looks tempting...
but what the heck I'm gonna wait and watch...
Currently my cable short is just 2usd/pip. No serious damage can come my way atm. But like you, I am looking for a possibility to add as well
Thank You
- #165,374
- Sep 14, 2009 9:50am Sep 14, 2009 9:50am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
OK, not liking the look of this 15m bar right now. I have my SL at 6655. Wonder if I should give it more room and add to my short up a little further....
Ghost Rider - WWTBMD?
- #165,376
- Sep 14, 2009 9:53am Sep 14, 2009 9:53am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
CHA FREAKING CHING!
Go Bulls!
Adding another 2x Long GU to the 3 had holding looks good. Have closed off 4 positions and believe the line in the sand to be @ 1.6652 area, interm, a pull back for reload would look nice and than we can carry on with the medium term longs.
Closed all EJ's, EU's, GJ's and have added a single lot play on GJ on last dip @ 150.58, still holding to close the gap.
A very nice way to begin the week!
Go Bulls!
Adding another 2x Long GU to the 3 had holding looks good. Have closed off 4 positions and believe the line in the sand to be @ 1.6652 area, interm, a pull back for reload would look nice and than we can carry on with the medium term longs.
Closed all EJ's, EU's, GJ's and have added a single lot play on GJ on last dip @ 150.58, still holding to close the gap.
A very nice way to begin the week!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #165,377
- Sep 14, 2009 9:53am Sep 14, 2009 9:53am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
Now you're worrying me GM. Sounds like a strange thing to spend your time wondering about....
maybe you wanna try?....
Hear the music before the song is over ...
- #165,378
- Sep 14, 2009 9:55am Sep 14, 2009 9:55am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I had to adjust my trendline as posted before on H4.I am happy to move the lower point to a strong price point ,the daily concurs ,
I really use trendlines as guide as they never match from TF to TF
I am looking to play the weekly set up ive already posted.
- #165,379
- Sep 14, 2009 9:58am Sep 14, 2009 9:58am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
CHA FREAKING CHING!
Go Bulls!
Adding another 2x Long GU to the 3 had holding looks good. Have closed off 4 positions and believe the line in the sand to be @ 1.6652 area, interm, a pull back for reload would look nice and than we can carry on with the medium term longs.
Closed all EJ's, EU's, GJ's and have added a single lot play on GJ on last dip @ 150.58, still holding to close the gap.
A very nice way to begin the week!
I was looking for 50.95 on my dragon hedge earlier but booked it @50.59, right where you're buying now
Thank You
- #165,380
- Sep 14, 2009 9:58am Sep 14, 2009 9:58am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
I think 'm gonna start trading pairs NOT related to the USD. I don't think the GBP is rising. Looks the freaking dollar is just collapsing across the board again...
Ghost Rider - WWTBMD?