Good MAE Everyone...
Thank You 
Cable Update (GBPUSD)
- #167,621
- Sep 22, 2009 5:08am Sep 22, 2009 5:08am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
- #167,622
- Sep 22, 2009 5:14am Sep 22, 2009 5:14am
Hi faryad eid mubarak
No, no position on cable since tp was hit yesterday at 6165. I won't place any new trade since all my working charts are at my workstation. Maybe Thursday before I place anything new. Still holiday mode for me.
How about you? Trading okay?
now flat enjoying eid vacations 
- #167,623
- Sep 22, 2009 5:15am Sep 22, 2009 5:15am
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
Further to this that is not a trend line you point out all.
the charts I posted earleir are based on short term market conditions. Here is my chart with longer term view, trendlines, and TP targets (in purple). I didn't post it earlier because it's kind of busy, but since you made a point in questioning my lines I thought I'd post it for you.
part of my exit strategies are based on PA, part SR/fib confluence, divergence, and looking for opposing trends as they develop.
Right now we are inside of 4 potential channels. The Yellow lines are the daily channel, the Silver lines are the dominant 4H channel, the green lines are a potential 4H sub channel, and the silver dotted lines are the 1H channel.
None of these have been broken out of yet and all are potentially valid for me because the UTLs are in TP areas.
sometimes I can spot a countertrend developing early, which helps me not lose money, sometimes it doesn't develop into anything, whch is fine too.
cheers
- #167,624
- Sep 22, 2009 5:15am Sep 22, 2009 5:15am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Hey Chris how's it going bro
Going very well buddy and you? I know you're flat on cable right now. What's your web of magic lines telling you on this slug and the beast right now?
Now I know how important it is to you but please buddy, no 1m interpretations... OK ?....
Ghost Rider - WWTBMD?
- #167,625
- Sep 22, 2009 5:17am Sep 22, 2009 5:17am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
bear money taken on friday night
Enjoy the holidays bro!
Thank You
Hi Chris & WB...
How I wished I have closed my positions last night...bleeding at the moment
The US market will be very interesting to watch. Look at UJ, BOJ is closed...we were given false signal that it is going up Friday and Monday. Come Tuesday, wham bam thank you Sir
That damn EU is a one tough bad a** LOL.
How I wished I have closed my positions last night...bleeding at the moment
The US market will be very interesting to watch. Look at UJ, BOJ is closed...we were given false signal that it is going up Friday and Monday. Come Tuesday, wham bam thank you Sir
That damn EU is a one tough bad a** LOL.
- #167,627
- Sep 22, 2009 5:22am Sep 22, 2009 5:22am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Going very well buddy and you? I know you're flat on cable right now. What's your web of magic lines telling you on this slug and the beast right now?
Now I know how important it is to you but please buddy, no 1m interpretations... OK ?....
I can't call the trades right now since I don't have my working charts on this notebook, 380 is the level to watch if I remember correctly. If we close below that, we're likely gonna be able to test the lower levels again, but if we close above that then we're definitely bullish and it's 6600 again lol. Sorry I can't be much help atm bro. No working charts - no trades
Thank You
- #167,628
- Sep 22, 2009 5:24am Sep 22, 2009 5:24am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Hi Chris & WB...
How I wished I have closed my positions last night...bleeding at the moment
The US market will be very interesting to watch. Look at UJ, BOJ is closed...we were given false signal that it is going up Friday and Monday. Come Tuesday, wham bam thank you Sir
That damn EU is a one tough bad a** LOL.
Why did you short near the 6165 support? That was very careless
p/s : you are right, eu is zero gravity. I know those who are picking tops on that one must be losing their mind, if not their account!
Thank You
- #167,632
- Sep 22, 2009 5:31am Sep 22, 2009 5:31am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Doing good bro, been eating non stop I feel fat! lol
I can't call the trades right now since I don't have my working charts on this notebook, 380 is the level to watch if I remember correctly. If we close below that, we're likely gonna be able to test the lower levels again, but if we close above that then we're definitely bullish and it's 6600 again lol. Sorry I can't be much help atm bro. No working charts - no trades
Yep, pretty much the same thinking as me my friend. I see a possible turn here at 6330 which has been a mark for me on the lower TF's. But 6380 is the line for me as well when it comes to what might happen in the longer scope....
Ghost Rider - WWTBMD?
Hi alpha.
Why did you short near the 6165 support? That was very careless
p/s : you are right, eu is zero gravity. I know those who are picking tops on that one must be losing their mind, if not their account!
EU...I am waiting to buy the southbound train ticket
- #167,634
- Sep 22, 2009 5:39am Sep 22, 2009 5:39am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
LOL ... short and fat, I'm picturing something that rolls really easy....
Yep, pretty much the same thinking as me my friend. I see a possible turn here at 6330 which has been a mark for me on the lower TF's. But 6380 is the line for me as well when it comes to what might happen in the longer scope....
Hope you make some good $ bro. I'm outta here. Big dinner tonite woohooo.
Trade safe everyone & good luck.
Thank You
- #167,635
- Sep 22, 2009 5:39am Sep 22, 2009 5:39am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #167,636
- Sep 22, 2009 5:40am Sep 22, 2009 5:40am
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
- #167,637
- Sep 22, 2009 5:41am Sep 22, 2009 5:41am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
navin2007 it' me your friend, im long 1.6193, t/p 1.6389
- #167,638
- Sep 22, 2009 5:41am Sep 22, 2009 5:41am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
haha I said I "feel" fat. I'm still tip-top
Hope you make some good $ bro. I'm outta here. Big dinner tonite woohooo.
Trade safe everyone & good luck.
You have a great day Azim!!
Ghost Rider - WWTBMD?
- #167,639
- Sep 22, 2009 5:42am Sep 22, 2009 5:42am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
The GU was placed yesterday, shorting at 1.6145. Felt confident that I could nick a 30 - 50 pips, I guess I entered at a wrong time...bummer. Anyway, it has been locked (bought long GU) since mid afternoon. Waiting in anticipation for US market.
EU...I am waiting to buy the southbound train ticket
Okay catch you later & good luck
Thank You
- #167,640
- Sep 22, 2009 5:42am Sep 22, 2009 5:42am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
Doing good bro, been eating non stop I feel fat! lol
I can't call the trades right now since I don't have my working charts on this notebook, 380 is the level to watch if I remember correctly. If we close below that, we're likely gonna be able to test the lower levels again, but if we close above that then we're definitely bullish and it's 6600 again lol. Sorry I can't be much help atm bro. No working charts - no trades
Wassup bro...
Here's One Exclusively For My Bear-In-Law....lol
It's been so long since I've seen you last
There's so many things I have to ask
Please stop awhile and let me have some time
So tell me what have you've been doing with yourself
I'd like to know
To be honest you are always on my mind
I think about the times we had
So much good it makes me mad
To think that you just walk away
without a word to say
The question that I have to ask since
I have the chance to ask it is, after all this time gone by please tell me why
The question that burns in my mind
that I've been living with deep down inside
Is Are We Gonna See 1.5300 (Not!!!) In This Decade OR WHAT???
P/S:
Bro...Tis Hot....Don't Touch It....Tsssssssss....
Hear the music before the song is over ...