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Cable Update (GBPUSD)

  • #168,201
  • Sep 23, 2009 10:27am Sep 23, 2009 10:27am
Quoting direct-trade
Looks like Mal's got the trunk again...lol
I don't think malcolm ever left the trunk. He's still in there! lol
Thank You
  • #168,202
  • Sep 23, 2009 10:29am Sep 23, 2009 10:29am
Quoting wormboy
I don't think malcolm ever left the trunk. He's still in there! lol

Maybe thats what the smell was....sorry Mal, you want to sit next to the bear for a change?
  • #168,203
  • Edited 10:45am Sep 23, 2009 10:30am | Edited 10:45am
Quoting malcolmb14
at the time you called it price was1.6410 .. dropped to 1.6320 with a very high vol doji ion 15 and 5 that was time to get long

right now we are in consolidation mode . I am selling off 1,6440 for now wqith stops just above ( playing range for 30 pip a time)

we have to be aware of the bear div on the 60 min rsx .... not sure if any one else is picking this up on other indicators.

Attachment




Hope things are well with you ... not seen you around for a while.
Just dropped in before I finish for the day, since NY open I've been doing the same - except I usually trigger off a sweet spot level - for 20 pips a go - banked over 80 pips with a long off the 6400 level still open....LOL -that'll pay for my meal out tonight! I'll be sitting in the restaurant when FOMC hits.....http://www.forexfactory.com/images/icons/icon12.gif
Trading Levels with WRBs
  • #168,204
  • Sep 23, 2009 10:30am Sep 23, 2009 10:30am
Quoting sibajnok
target2 was @6482, but now I decided to finish for today.
see you tomorrow.
you sure it's not us big bad bears that spook you out of your longs?
Thank You
  • #168,205
  • Sep 23, 2009 10:31am Sep 23, 2009 10:31am
Quoting direct-trade
Maybe thats what the smell was....sorry Mal, you want to sit next to the bear for a change?

Mal & GM must be on brokeback mountain, they're both missing
Thank You
  • #168,206
  • Sep 23, 2009 10:35am Sep 23, 2009 10:35am
Quoting wormboy

Mal & GM must be on brokeback mountain, they're both missing
  • #168,207
  • Sep 23, 2009 10:35am Sep 23, 2009 10:35am
Quoting Islander
Just dropped in before I finish for the day, since NY open I've been doing then same - except I usually trigger off a sweet spot level - for 20 pips a go - banked over 80 pips with a long off the 6400 level still open....LOL -that'll pay for my meal out tonight! I'll be sitting in the restaurant when FOMC hits.....http://www.forexfactory.com/images/icons/icon12.gif
yeah

and i have been busy all day with random longs all along
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  • #168,208
  • Sep 23, 2009 10:35am Sep 23, 2009 10:35am
Quoting wormboy
Yessir, just got back today & ironically that was the only thing offered to me - short. I don't think anyone would believe me even if I was telling the truth about not being able to go long
got in @404, looking @335 first
Waiting to see if the beast was throwing her toys out of the pram, or if she actually meant to leave me. You know how tempermental she can be...

Whats your view on it?
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  • #168,209
  • Sep 23, 2009 10:38am Sep 23, 2009 10:38am
Good day to you all,

Attached my 4hr for GJ - chart numbered and referenced:

1) Low of last month sitting @ 150.02 in confluence with the round number as well as the 50% line of last week @ 1.4996.
2) possibly self explanatory when done....

Anyway:

I would like to take this opportunity to thank everyone for the last few weeks. You are too many to mention, but each one of you has enriched my life. By my standards, I have had a great month so far. I am grateful...

Please accept my gratitute.

My highest regards
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  • #168,210
  • Sep 23, 2009 10:39am Sep 23, 2009 10:39am
Quoting forexlion
yeah

and i have been busy all day with random longs all along
Well done, good boy. Here, have a lollipop.
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  • #168,211
  • Sep 23, 2009 10:40am Sep 23, 2009 10:40am
Quoting wormboy
you sure it's not us big bad bears that spook you out of your longs?
my post was just the official explanation
Attached Image
  • #168,212
  • Sep 23, 2009 10:40am Sep 23, 2009 10:40am
i'm thinking about going short at 12pm est. prices are setting up. are we at the top now? thoughts?
  • #168,213
  • Sep 23, 2009 10:42am Sep 23, 2009 10:42am
Quoting wormboy

Mal & GM must be on brokeback mountain, they're both missing
WB...you cheeky monkey, go easy on them...LOL
FYI, I have been BEAR on the 3 majors since last Thursday. Yesterday the 3 majors really ticked me off.

Finally the EU fell, and now GU pretending she is all that like DT's said earlier on. The bear really needs a good crap. Holding craps for too long is not good for one's health.

LOOK HOW DEEP EU IS DIVING NOW
  • #168,214
  • Sep 23, 2009 10:46am Sep 23, 2009 10:46am
bears are tough as a mother!!!.....

if u cant beat em join them
  • #168,215
  • Sep 23, 2009 10:46am Sep 23, 2009 10:46am
Good morning all!

--------------

Here's the cheerleaders team for GU - obviously they are bear minded!


They are waiting for the last - Ourra!
Don't deceive them!

http://t1.gstatic.com/images?q=tbn:s...as_cowboys.jpg
  • #168,216
  • Sep 23, 2009 10:46am Sep 23, 2009 10:46am
To many conflicting signals right now.
Que
  • #168,217
  • Sep 23, 2009 10:47am Sep 23, 2009 10:47am
Quoting direct-trade
Waiting to see if the beast was throwing her toys out of the pram, or if she actually meant to leave me. You know how tempermental she can be...

Whats your view on it?
Well atm she does look like she's leaving on a jet plane and headed north.
My last short got stopped out & I don't intend to get onboard yet, you know how crazy it can get with this beast lol.
I have a breakout on the h4 but I'd wait for the current close for confirmation tbh. If it closes bearish I'll short again, if not, I'm buying till 153 level again. It's a waiting game for me atm
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Thank You
  • #168,218
  • Sep 23, 2009 10:48am Sep 23, 2009 10:48am
Quoting nAVIN2007
Thank You
  • #168,219
  • Sep 23, 2009 10:51am Sep 23, 2009 10:51am
Quoting direct-trade
Afternoon all, how's trading?

Holding Short GBP/JPY, threw in another at 15020 area.

Cable, another short 16420. Tight stops on both these positions just incase...

Cable seems to like hanging around in the air, the bitch. lol.

Need 150 to break down for a nice move South.
I'll lock in the Cable Short 16420 at B/E now, still waiting for the beast to do it's thing. Seems the USD/JPY rise is holding us up for a while...typical.
  • #168,220
  • Sep 23, 2009 10:51am Sep 23, 2009 10:51am
Quoting wormboy
Well atm she does look like she's leaving on a jet plane and headed north.
My last short got stopped out & I don't intend to get onboard yet, you know how crazy it can get with this beast lol.
I have a breakout on the h4 but I'd wait for the current close for confirmation tbh. If it closes bearish I'll short again, if not, I'm buying till 153 level again. It's a waiting game for me atm
finally the NUN [WB] smiled

NUN's are the toughest to corrupt
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