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Cable Update (GBPUSD)

  • #170,361
  • Sep 29, 2009 1:54am Sep 29, 2009 1:54am
Worm Boy, whatz your take on this...
  • #170,362
  • Sep 29, 2009 1:54am Sep 29, 2009 1:54am
Quoting cci12
updated "magic levels".
next bears target at 1.5285, strong resistance at 1.6085.
cci12
Attachment

Can you share "magic levels" indicator? Thx.
Do not follow my trades. Trade what you see on your own charts.
  • #170,363
  • Sep 29, 2009 1:57am Sep 29, 2009 1:57am
Quoting Alpha Hamste
Will keep that in mind for later years buddy!!
Are you in any position, Chris? Currently have a short position on GU @ 1.5860, holding a tight 15 TP...and it decides to go up. Back in the waiting game
Nope. Just closed a 5950 short at 5856 a while ago before the news. Flat now and waiting through this last hour of waffling...lol
Ghost Rider - WWTBMD?
  • #170,364
  • Sep 29, 2009 1:57am Sep 29, 2009 1:57am
Quoting cci12
updated "magic levels".
next bears target at 1.5285, strong resistance at 1.6085.
cci12
Attachment

Hi mind to share your magic levels indicator? It is nice setup!
  • #170,365
  • Sep 29, 2009 1:58am Sep 29, 2009 1:58am
Quoting bbmac
Hi WM, ...thx, yeh I went in @ that 1hr previous swing lo=prev support=pot support zone re-test with a seqential bullish divergence on the 1min trigger supported by the bullish divergence set-up on 5min...in and out for +19 pips only here though ahead of that 0830am gmt Uk data.

G/L with the longs
Those must be some big 19 pips I'm sure
Nice spot on the fast divergences. That's really impressive

Good luck to you too
Thank You
  • #170,366
  • Sep 29, 2009 1:59am Sep 29, 2009 1:59am
Quoting cci12
updated "magic levels".
next bears target at 1.5285, strong resistance at 1.6085.
cci12
Attachment
Same levels I have on my charts. Could you please explain what makes them "magic"?
Ghost Rider - WWTBMD?
  • #170,367
  • Sep 29, 2009 2:04am Sep 29, 2009 2:04am
Quoting Reznik
Worm Boy, whatz your take on this...
Hi reznik, I'm still long & building positions as we go.
Booked a nice little hundred on the back of the recently locked 18. The recently bought dip has a nice little cushion from all those booked positions for cover.

1. http://www.forexfactory.com/showpost...postcount=3135
2. http://www.forexfactory.com/showpost...postcount=3142
3. http://www.forexfactory.com/showpost...postcount=3143

Longs are off & I will reverse my trade positions if price close below the subltl on the chart I had attached earlier. We'll see how this goes.
Good luck to you
Thank You
  • #170,368
  • Sep 29, 2009 2:05am Sep 29, 2009 2:05am
Quoting albchr
Nope. Just closed a 5950 short at 5856 a while ago before the news. Flat now and waiting through this last hour of waffling...lol
Phew, cleared my GU finally. Flat now, and waiting on the fence with Forexlion
  • #170,369
  • Sep 29, 2009 2:07am Sep 29, 2009 2:07am
Quoting wormboy
Hi reznik, I'm still long & building positions as we go.
Booked a nice little hundred on the back of the recently locked 18. The recently bought dip has a nice little cushion from all those booked positions for cover.

1. http://www.forexfactory.com/showpost...postcount=3135
2. http://www.forexfactory.com/showpost...postcount=3142
3. http://www.forexfactory.com/showpost...postcount=3143

Longs are off & I will reverse my trade positions if price close below the subltl on the...

Ghost Rider - WWTBMD?
  • #170,370
  • Sep 29, 2009 2:09am Sep 29, 2009 2:09am
Quoting albchr
chris
how's it going bro
Thank You
  • #170,371
  • Sep 29, 2009 2:12am Sep 29, 2009 2:12am
Quoting wormboy
chris
how's it going bro
Going great bro! So watta think buddy? We gonna keep ranging here or finally break toward our 5300 now?

Personally I think we'll have to get through all the news before cable decides to SOGOTP...lol
Ghost Rider - WWTBMD?
  • #170,372
  • Sep 29, 2009 2:16am Sep 29, 2009 2:16am
Quoting albchr
Going great bro! So watta think buddy? We gonna keep ranging here or finally break toward our 5300 now?

Personally I think we'll have to get through all the news before cable decides to SOGOTP...lol
5300??
  • #170,373
  • Sep 29, 2009 2:18am Sep 29, 2009 2:18am
Thx Wm.
-------------

The upside obstacles as I see them are shown on 1hr chart below, the zones marked as A and B being co-existant on 4hr although zone A is only a minor previous swing hi on that higher t/f.

Not shown on this chart are the unbreeched fibs of the 7044, 6740, and 6567 - 5767 moves, notably the 23.65 6567-5767 at today's current intraday Hi and the 23.6% of 6740-5767 @ 5994, 23.6% 7044-5767 being @ 6064

Whatever your biais/position, - G/L

http://i37.tinypic.com/1ykdqt.gif
ex member
  • #170,374
  • Sep 29, 2009 2:19am Sep 29, 2009 2:19am
Quoting akumelayu
5300??
...the ultimate goal....
Ghost Rider - WWTBMD?
  • #170,375
  • Sep 29, 2009 2:21am Sep 29, 2009 2:21am
Quoting akumelayu
5300??
Bro, sit with me on the fence...they are thinking outside the box. Geniuses at work LOL...SOGOTP?? I need Nicholas Cage/ Tom Hanks to help me decipher all the abbreviations here
  • #170,376
  • Sep 29, 2009 2:21am Sep 29, 2009 2:21am
Quoting albchr
...the ultimate goal....

why 5300??
  • #170,377
  • Sep 29, 2009 2:23am Sep 29, 2009 2:23am
Quoting albchr
Going great bro! So watta think buddy? We gonna keep ranging here or finally break toward our 5300 now?

Personally I think we'll have to get through all the news before cable decides to SOGOTP...lol
I think we'll test 5950 again as long as price remains above the subltl I have on my chart. If price can manage to close above 5950 then I doubt we'll see 5300 just yet. Dollar needs to pick up in order to reach that low imho, & it does not look like doing so just yet by the looks of it.
Thank You
  • #170,378
  • Sep 29, 2009 2:23am Sep 29, 2009 2:23am
Quoting albchr
Same levels I have on my charts. Could you please explain what makes them "magic"?
find the world's best indicators with Magic Levels here

http://tinyurl.com/1j7g

100% success rate

Guaranteed to make you roll on the floor laughing
  • #170,379
  • Sep 29, 2009 2:26am Sep 29, 2009 2:26am
Quoting forexlion
find the world's best indicators with Magic Levels here

http://tinyurl.com/1j7g

100% success rate

Guaranteed to make you roll on the floor laughing

damn it I clicked
Thank You
  • #170,380
  • Sep 29, 2009 2:26am Sep 29, 2009 2:26am
Quoting Alpha Hamste
Bro, sit with me on the fence...they are thinking outside the box. Geniuses at work LOL...SOGOTP?? I need Nicholas Cage/ Tom Hanks to help me decipher all the abbreviations here
Sh*t Or Get Off The Pot....
Ghost Rider - WWTBMD?
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