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Cable Update (GBPUSD)

  • #171,441
  • Sep 30, 2009 12:59pm Sep 30, 2009 12:59pm
Opportune time to short. We'll see. Short@5998
  • #171,442
  • Sep 30, 2009 1:00pm Sep 30, 2009 1:00pm
Quoting nAVIN2007
are u long chris?
Flat
Ghost Rider - WWTBMD?
  • #171,443
  • Sep 30, 2009 1:04pm Sep 30, 2009 1:04pm
Quoting pipper
I hear ya Chris. My aim is to make $400 daily. Hence 40/pip trying to make ten pips each day only
Yeah mine was 500 a day. 1 lot for 50 pips in any combination. But that risk rate is just insane (for me) really.

If you nail the entry just right (no draw down) and can get to BE fast it works. But how many times can you do that? One bad turn can kill me quick.

Now If I had the head room in account size, not a problem.
Ghost Rider - WWTBMD?
  • #171,444
  • Sep 30, 2009 1:04pm Sep 30, 2009 1:04pm
Good day to you,

Last post...

Attached chart with my view. Numbered and referenced:

1) If we can not close today above 1.6036, favour will go to the bears...
2) Target, in theory, should then be 1.5947 - the 50% line of this week. Once clearing the weekly open @ 1.5965.

3) We may even see Friday's close @ 1.5927, or the low of last week @ 1.5914.

Currently, price is hovering around yesterday's high @ 1.5987.

Wish you all well

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gu113.gif Size: 17 KB
  • #171,445
  • Sep 30, 2009 1:04pm Sep 30, 2009 1:04pm
Quoting albchr
Flat

opportunity is coming
  • #171,446
  • Sep 30, 2009 1:05pm Sep 30, 2009 1:05pm
1M/15M/30M charts tell me lower we go
Disclaimer: Check your 1m charts
  • #171,447
  • Sep 30, 2009 1:07pm Sep 30, 2009 1:07pm
Quoting TauTrader
Good day to you,

Last post...

Attached chart with my view. Numbered and referenced:

1) If we can not close today above 1.6036, favour will go to the bears...
2) Target, in theory, should then be 1.5947 - the 50% line of this week. Once clearing the weekly open @ 1.5965.

3) We may even see Friday's close @ 1.5927, or the low of last week @ 1.5914.

Currently, price is hovering around yesterday's high @ 1.5987.

Wish you all well

Regards
  • #171,448
  • Sep 30, 2009 1:07pm Sep 30, 2009 1:07pm
Weird H&S on 15....

Broking 50 and we free fall...
Attached Image (click to enlarge)
Click to Enlarge Name: hs.jpg Size: 46 KB
  • #171,449
  • Sep 30, 2009 1:10pm Sep 30, 2009 1:10pm
Quoting nAVIN2007
opportunity is coming
Where? You see a loan shark somewhere around I can talk to....
Ghost Rider - WWTBMD?
  • #171,450
  • Sep 30, 2009 1:12pm Sep 30, 2009 1:12pm
Quoting pipper
1M/15M/30M charts tell me lower we go
Don't be "too" sure...lol Fairly good support it just bounced off of?
Attached Image (click to enlarge)
Click to Enlarge Name: gu_15m.gif Size: 34 KB
Ghost Rider - WWTBMD?
  • #171,451
  • Sep 30, 2009 1:13pm Sep 30, 2009 1:13pm
Gold looking like turning down again. Could drop nicely soon
Disclaimer: Check your 1m charts
  • #171,452
  • Sep 30, 2009 1:14pm Sep 30, 2009 1:14pm
Quoting albchr
Where? You see a loan shark somewhere around I can talk to....
lol....dont worry sell opportunity

I gotta ask thou bro, u short it when we werehigher up trailed it 25 pips but then was long?

what made u change yur direction so quick?
  • #171,453
  • Sep 30, 2009 1:14pm Sep 30, 2009 1:14pm
I saw that channel Chris. I think it will break soon. Hope so
Disclaimer: Check your 1m charts
  • #171,454
  • Sep 30, 2009 1:16pm Sep 30, 2009 1:16pm
Quoting nAVIN2007
yo brother u might want to see this..

typical bear flag technically we should be taking signals to the downside, we had a permature short burst to the underside, which finished me off and channel broke to the upside, couldnt get past resistance..

it is expected to now break below, if it does that pole is something u cannot ignore.....see u at the support@ 1.53
I see it bro
When it breaks and close below the ltl I'll short all the way. When is the keyword tho. While waiting, I'll be happy to take some pippies off this long positions
Thank You
  • #171,455
  • Sep 30, 2009 1:16pm Sep 30, 2009 1:16pm
I would rather suck a monkey's tits than watch this PA any more today.

Holding Short.

Happy trades, See you LDN
  • #171,456
  • Sep 30, 2009 1:18pm Sep 30, 2009 1:18pm
Quoting nAVIN2007
lol....dont worry sell opportunity

I gotta ask thou bro, u short it when we werehigher up trailed it 25 pips but then was long?

what made u change yur direction so quick?
Yeah that trailer took me out way too early. Wasn't around to see or stop it. The drop IMHO was a retrace from the rise so I had figured to go long all the time. Did so a bit too soon and gave back the 23 from the short.

Then missed the bottom but went long at 5986. Got about 30 in profit so set my stop +17. That was around lunch when it just died as usual. Then that got hit.
Ghost Rider - WWTBMD?
  • #171,457
  • Sep 30, 2009 1:19pm Sep 30, 2009 1:19pm
Quoting direct-trade
I would rather suck a monkey's tits than watch this PA any more today.

Holding Short.

Happy trades, See you LDN
My dead granny move faster then this PA......
  • #171,458
  • Sep 30, 2009 1:20pm Sep 30, 2009 1:20pm
Quoting direct-trade
I would rather suck a monkey's tits than watch this PA any more today.

Holding Short.

Happy trades, See you LDN
WOW...now there's a man who has made up his mind....

Have a good one DT
Ghost Rider - WWTBMD?
  • #171,459
  • Sep 30, 2009 1:22pm Sep 30, 2009 1:22pm
Quoting pipper
I saw that channel Chris. I think it will break soon. Hope so
Was talking more about the 4H S/R at 5988 (blue dots) Hope it falls for you bro...
Ghost Rider - WWTBMD?
  • #171,460
  • Sep 30, 2009 1:22pm Sep 30, 2009 1:22pm
Quoting Piters
I hope you can handle a flat position bro ??

http://www.forexfactory.com/showpost...stcount=171053
ouch! lol not like that I can't
Thank You
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