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Cable Update (GBPUSD)

  • #168,241
  • Sep 23, 2009 11:12am Sep 23, 2009 11:12am
Quoting albchr
Mike... ....You being a good boy and making some green?
Doing ok bro.
I will be watching a James Bond movie in a couple of minutes while waiting for the fomc. Thanks
  • #168,242
  • Sep 23, 2009 11:15am Sep 23, 2009 11:15am
Quoting mktjong
You are genius, bought at resistance and probably sell at support too ..
Well, I've been there done that too
there exists:

  1. a very old market technique, practiced mainly in stock markets since 1930's
  2. a very simple technique which does not require any indicators or trendlines
  3. anyone doing stocks profitably for more than 6 years will definitely know it, even malcolmb knows it, since he has used it

 

  1. anything above day open price and the market is bullish
  2. anything below the day open price and the market is bearish

Question is:

  1. At anytime today, did we break the day open price to go down ?
  2. If we did not then why bother for shorts.

  • #168,243
  • Sep 23, 2009 11:17am Sep 23, 2009 11:17am
Quoting mktjong
Doing ok bro.
I will be watching a James Bond movie in a couple of minutes while waiting for the fomc. Thanks
I have every single one of them on either VHS or disc....LOL Enjoy!

Right now I have the UN (United Nit-wits) talks on FOX. Think I'll switch to JB myself....
Ghost Rider - WWTBMD?
  • #168,244
  • Edited 11:22am Sep 23, 2009 11:18am | Edited 11:22am
short - 1.6414
sl - 1.6455
  • #168,245
  • Sep 23, 2009 11:20am Sep 23, 2009 11:20am
is 1.64 a good level to short? 20 pips down so far.
  • #168,246
  • Sep 23, 2009 11:23am Sep 23, 2009 11:23am
Quoting albchr
I have every single one of them on either VHS or disc....LOL Enjoy!

Right now I have the UN (United Nit-wits) talks on FOX. Think I'll switch to JB myself....
.. , I also watched a bit on Khadafi's speech. He praised and thanked US and will help to curb down the terorists ..
  • #168,247
  • Sep 23, 2009 11:24am Sep 23, 2009 11:24am
Quoting forexlion
there exists:

  1. a very old market technique, practiced mainly in stock markets since 1930's
  2. a very simple technique which does not require any indicators or trendlines
  3. anyone doing stocks profitably for more than 6 years will definitely know it, even malcolmb knows it, since he has used it

 

  1. anything above day open price and the market is bullish
  2. anything below the day open price and the market is bearish

Question is:
[list][*]At anytime today, did we break the day open price to go down...

thats a damn good point
probably cause we are trying to catch a top which might actually work..lol
  • #168,248
  • Sep 23, 2009 11:25am Sep 23, 2009 11:25am
Quote
hi, i permit to send you this e-mail becasue i like you indicator forexLions tail. Do you know if i can find it somewhere or it is personal indicator?
Let me know, thanks you very much

go to post #1 in my signature link

there is a whole discussion about it in the entire thread
  • #168,249
  • Sep 23, 2009 11:26am Sep 23, 2009 11:26am
Quoting forexlion
there exists:

 

  1. a very old market technique, practiced mainly in stock markets since 1930's
  2. a very simple technique which does not require any indicators or trendlines
  3. anyone doing stocks profitably for more than 6 years will definitely know it, even malcolmb knows it, since he has used it

  1. anything above day open price and the market is bullish
  2. anything below the day open price and the market is bearish

Question is:[list][*]At anytime today, did we break the day open price to go down ?[*]If...

This is good when market is still trending. But if the market is about to reverse, this will cost u dearly.
  • #168,250
  • Sep 23, 2009 11:27am Sep 23, 2009 11:27am
Quoting mktjong
.. , I also watched a bit on Khadafi's speech. He praised and thanked US and will help to curb down the terorists ..
Man, the dude is STILL rambling on right now.....
Ghost Rider - WWTBMD?
  • #168,251
  • Sep 23, 2009 11:31am Sep 23, 2009 11:31am
Quoting wormboy
lol don't worry bro, she'll do it. look at the daily. fibo buffs would know why it's not gonna be easy to go topside
the some %&&%^$"*(% couldnt do it in london hours, hope the US save there currency....and send us deep sea diving..

been were googles the whole day....and oxygen tank is running out..
  • #168,252
  • Sep 23, 2009 11:32am Sep 23, 2009 11:32am
Quoting albchr

Maybe I'll even get a better price later on.....
Yip, looking at this the same way. We have to go somewhere.....

Regards
Attached Image (click to enlarge)
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  • #168,253
  • Sep 23, 2009 11:33am Sep 23, 2009 11:33am
Quoting forexlion
there exists:

 

  1. a very old market technique, practiced mainly in stock markets since 1930's
  2. a very simple technique which does not require any indicators or trendlines
  3. anyone doing stocks profitably for more than 6 years will definitely know it, even malcolmb knows it, since he has used it

  1. anything above day open price and the market is bullish
  2. anything below the day open price and the market is bearish

Question is:
[list][*]At anytime today, did we break the day open price to go down ?[*]If...




Here, have another lollipop for being such a clever boy.

BTW, that's 2 lollipops you have had today, if you get 3 then my, my, you recieve the class's golden star...and you get to draw a chart on the board.
Attached Image
  • #168,254
  • Sep 23, 2009 11:33am Sep 23, 2009 11:33am
Quoting mktjong
This is good when market is still trending. But if the market is about to reverse, this will cost u dearly.
this works day open to day open, 24 hour window
  • #168,255
  • Sep 23, 2009 11:39am Sep 23, 2009 11:39am
Quoting forexlion
there exists:

 

  1. a very old market technique, practiced mainly in stock markets since 1930's
  2. a very simple technique which does not require any indicators or trendlines
  3. anyone doing stocks profitably for more than 6 years will definitely know it, even malcolmb knows it, since he has used it

  1. anything above day open price and the market is bullish
  2. anything below the day open price and the market is bearish

Question is:
[list][*]At anytime today, did we break the day open price to go down ?[*]If...

Wow that would be a short book...

Imagine buying that in the airport for a 9 hour flight
  • #168,256
  • Sep 23, 2009 11:41am Sep 23, 2009 11:41am
Quoting TauTrader
Yip, looking at this the same way. We have to go somewhere.....

Regards
Yeah I got hit for that +3 about 2 minutes after that post. Oh BOY!! I'm just rolling in the cash now huh?....

I figure after today's haul, I'm gonna run out and get me a new toothpick...

Have PO short at 6445 but not holding my breath it will get hit.
Ghost Rider - WWTBMD?
  • #168,257
  • Sep 23, 2009 11:47am Sep 23, 2009 11:47am
What's with this b!tch! Thought she was gonna break, still holding short from about 6410.

We'll see.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #168,258
  • Sep 23, 2009 11:49am Sep 23, 2009 11:49am
Quoting XTrade
What's with this b!tch!
why??
  • #168,259
  • Sep 23, 2009 11:50am Sep 23, 2009 11:50am
Quoting albchr
Yeah I got hit for that +3 about 2 minutes after that post. Oh BOY!! I'm just rolling in the cash now huh?....

I figure after today's haul, I'm gonna run out and get me a new toothpick...

Have PO short at 6445 but not holding my breath it will get hit.
Classic..

I soooo badly want to short this Martherfarger......will have to just wait for better confirmation.

Have a good one!

Regards
  • #168,260
  • Sep 23, 2009 11:52am Sep 23, 2009 11:52am
Quoting XTrade
What's with this b!tch! Thought she was gonna break, still holding short from about 6410.

We'll see.
She don'y lay down easely!
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