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Cable Update (GBPUSD)

  • #171,121
  • Sep 30, 2009 7:29am Sep 30, 2009 7:29am
what is the result of news
market is bear or bullish ?
  • #171,122
  • Sep 30, 2009 7:31am Sep 30, 2009 7:31am
Quoting albchr
I should just SHOOT myself now and avoid the freaking trouble...
Don't worry Chris next trade...

I have just reversed long BTW
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #171,123
  • Sep 30, 2009 7:32am Sep 30, 2009 7:32am
Quoting albchr
Yep, and I'm an IDIOT!! Decided not to watch, went to make breakfest and set a 25 pip trailer . Stopped out at +23
dont worry, u still have an opportunity but did have a fantastic position anyways bro, 4h got a bearish outside..we are on....

hang tight brother!
Attached Image (click to enlarge)
Click to Enlarge Name: trade.gif Size: 21 KB
  • #171,124
  • Sep 30, 2009 7:33am Sep 30, 2009 7:33am
Well,

Guess it was the first line!!! !

'Morning Chris & Nav...
Prop's to you Chris for getting & staying up!
I fell back to the sack, worked till 10pm.

GBP/USD
You know you just look @this thing and all the longs
were WAY overbought in a down trend.

Bad Non-Farm,
Plausible, Possible Weak at best Dow. -We'll see...

I kept picking Lines because i'm not a pro on them.
-Any thoughts or correction for me fine.

I hope she falls in the tank.
Best of trading,
"DAR SHE GOES"...


Jeff !
Attached Image (click to enlarge)
Click to Enlarge Name: Wed_30_Sept_2009 GBP_USD FALL.jpg Size: 242 KB
I will work to Objectively Identify my Edges
  • #171,125
  • Sep 30, 2009 7:35am Sep 30, 2009 7:35am
Quoting Bull_Bear
sell 1.6100... SL 1.6180... TP... 1.6030
Target hit.... +70pips

Reversed long @ 1.6030... SL 1.5960... TP.. 1.6160
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #171,126
  • Sep 30, 2009 7:35am Sep 30, 2009 7:35am
Quoting mohsenrajabi
what is the result of news
market is bear or bullish ?
extremely bearish

distribution almost done just facing the last resistance,
  • #171,127
  • Sep 30, 2009 7:37am Sep 30, 2009 7:37am
Quoting Bull_Bear
Don't worry Chris next trade...

I have just reversed long BTW
I'm freaking pissed at myself. But it was at least a win. So now I'm only 1,977 short of my bills instead of 2000. Oh boy, how we doing so far....

15m says go long, everything else?....
Ghost Rider - WWTBMD?
  • #171,128
  • Sep 30, 2009 7:38am Sep 30, 2009 7:38am
Quoting fx local
cable off the 16130 area,

end of month today, expect whippy price action

cable at 15min trendline....

happy trading to all
Exactly,

Thanks for the Reminder FX Local!
This says it all to me End of BEARISH MONTH,
What will the candles then put into motion,
today, tomorrow, etc!!!

(Justifying my position of course-!) No trade call
here- of course!
!
Enjoy,

Jeff !
I will work to Objectively Identify my Edges
  • #171,129
  • Sep 30, 2009 7:39am Sep 30, 2009 7:39am
Quoting pakitrader
extremely bearish

distribution almost done just facing the last resistance,
Why PT?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #171,130
  • Sep 30, 2009 7:40am Sep 30, 2009 7:40am
not really.
employment data bearish for GU but GDP data bullish for GU
Quoting pakitrader
extremely bearish

distribution almost done just facing the last resistance,
  • #171,131
  • Sep 30, 2009 7:43am Sep 30, 2009 7:43am
any reason to reverse?
Quoting Bull_Bear
Target hit.... +70pips

Reversed long @ 1.6030... SL 1.5960... TP.. 1.6160
  • #171,132
  • Sep 30, 2009 7:46am Sep 30, 2009 7:46am
Quoting pakitrader
extremely bearish

distribution almost done just facing the last resistance,
thanks alot pakitrader
however i am in long position
also on GJ i am in long position
  • #171,133
  • Sep 30, 2009 7:46am Sep 30, 2009 7:46am
Quoting TerpFan2
Well,

Guess it was the first line!!! !

'Morning Chris & Nav...
Prop's to you Chris for getting & staying up!
I fell back to the sack, worked till 10pm.

GBP/USD
You know you just look @this thing and all the longs
were WAY overbought in a down trend.

Bad Non-Farm,
Plausible, Possible Weak at best Dow. -We'll see...

I kept picking Lines because i'm not a pro on them.
-Any thoughts or correction for me fine.

I hope she falls in the tank.
Best of trading,
"DAR SHE GOES"...


Jeff !

Also i think the next big drop comes by ~171.

Here 3 funny ways

Sry for joking in the picture but i'm very happy. So mutch pips in few min i love it.
Attached Image (click to enlarge)
Click to Enlarge Name: view.jpg Size: 91 KB
  • #171,134
  • Sep 30, 2009 7:47am Sep 30, 2009 7:47am
Quoting Bull_Bear
Why PT?

i see distributaion spike over loaded and also weekly pivot market gone little up to take long orders and after the data a huge drop which i was already expecting. I dont see it going to 6200 area as lots of shorts orders wating there so i believe a reversal from 6115 was a good place and good place to go short.
  • #171,135
  • Sep 30, 2009 7:47am Sep 30, 2009 7:47am
Quoting pso
any reason to reverse?
Support on the retrace... the old 38.2% retracement.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #171,136
  • Sep 30, 2009 7:47am Sep 30, 2009 7:47am
Either going double bottom,
or Like it LOOKS,

NY is...
Throwing her to the curb.
Yeah Baby!

!
I will work to Objectively Identify my Edges
  • #171,137
  • Sep 30, 2009 7:52am Sep 30, 2009 7:52am
Quoting Xtravaganz
Also i think the next big drop comes by ~171.

Here 3 funny ways

Sry for joking in the picture but i'm very happy. So mutch pips in few min i love it.
Dude,
No reason for "Sorry"...
The Million Man Math and Cartoon "Scribble's" are all
a-PART of the Game!

Only those w/the purse strings, can
really say where they will place it!
Enjoy,

Jeff ! P.S. Now i have to have the Co-Hunna's
To Keep on a pair of Navin's "Stinky Short's"...!
I will work to Objectively Identify my Edges
  • #171,138
  • Sep 30, 2009 7:52am Sep 30, 2009 7:52am
Quoting pakitrader
i see distributaion spike over loaded and also weekly pivot market gone little up to take long orders and after the data a huge drop which i was already expecting. I dont see it going to 6200 area as lots of shorts orders wating there so i believe a reversal from 6115 was a good place and good place to go short.
lol... wot abt 1.6170 ??
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #171,139
  • Sep 30, 2009 7:53am Sep 30, 2009 7:53am
Long at 6021. SL set for the same 23 pips I just made off that silly mistake...

NO TRAILING STOP....LOL
Ghost Rider - WWTBMD?
  • #171,140
  • Sep 30, 2009 7:54am Sep 30, 2009 7:54am
Quoting bbmac
The most confluence of all the potential sbr/res factors probably exists from 6125-40?
....earlier post is above, and price finds resistance in the prev 4hr/daily swing lo=prev supp=potential sbr zone with confluence of 76.4% fib fan 6468-5767, 50% fib 6468-5767.

Confluence, confluence, confluence...come on admit it it now, who didn't have the patience to wait? lol

G/L

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