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Cable Update (GBPUSD)

  • #171,461
  • Sep 30, 2009 1:23pm Sep 30, 2009 1:23pm
Still waiting short chance and i still see we can go up some more.
Don't know why most of u say short now, Yes we in downtrend but still room to go up

Time best tool to tell!
  • #171,462
  • Sep 30, 2009 1:25pm Sep 30, 2009 1:25pm
Guys,

doesn't the last 4H candle close as a pin, so possibly this is going up? I am short, but now i m rethinking my position for the next couple of hours....
The Sky is the Limit!
  • #171,463
  • Sep 30, 2009 1:28pm Sep 30, 2009 1:28pm
Quoting ahlamo
Guys,

doesn't the last 4H candle close as a pin, so possibly this is going up? I am short, but now i m rethinking my position for the next couple of hours....
My 4H closes in 1.5 hours. Currently a doji. Last very bearish engulfing with a good bottom wick. Tough call for me. Biggest argument I have for going up is the S/R it sits on ATM.
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.gif Size: 29 KB
Ghost Rider - WWTBMD?
  • #171,464
  • Sep 30, 2009 1:31pm Sep 30, 2009 1:31pm
Me too. MA20 moving up for Gold, EU and GBP and Dow bringing down UJ. Watching closely

Quoting ahlamo
Guys,

doesn't the last 4H candle close as a pin, so possibly this is going up? I am short, but now i m rethinking my position for the next couple of hours....
Disclaimer: Check your 1m charts
  • #171,465
  • Sep 30, 2009 1:31pm Sep 30, 2009 1:31pm
Quoting albchr
My 4H closes in 1.5 hours. Currently a doji. Last very bearish engulfing with a good bottom wick. Tough call for me. Biggest argument I have for going up is the S/R it sits on ATM.

ENGULFING - Now that's the short ticket
  • #171,466
  • Sep 30, 2009 1:33pm Sep 30, 2009 1:33pm
Quoting Bullbear0072
ENGULFING - Now that's the short ticket
Yeah but that wick suggests buyers just below to me.
Ghost Rider - WWTBMD?
  • #171,467
  • Sep 30, 2009 1:39pm Sep 30, 2009 1:39pm
Pretty low volume last hour and this so far. I think this puppy isn't going anywhere soon.
Ghost Rider - WWTBMD?
  • #171,468
  • Sep 30, 2009 1:41pm Sep 30, 2009 1:41pm
Quoting albchr
Yeah but that wick suggests buyers just below to me.
Agreed. But my past experiences with engulfing flags have been nothing short of fantastic regardles of previous or after candles. A great tool in my toolbox. Have a look at your 4H G/U on 09/23. Prime example-almost identical to today. Weird.
  • #171,469
  • Sep 30, 2009 1:44pm Sep 30, 2009 1:44pm
Quoting albchr
WHAT? To hell with the butterfly pictures. No more pictures of HER?? .....

This is what one has to go through when falling in love with a fake b!"tch....
I feel your pain bro...honestly!
want a hug?...
Hear the music before the song is over ...
  • #171,470
  • Sep 30, 2009 1:45pm Sep 30, 2009 1:45pm
Quoting Bullbear0072
ENGULFING http://www.looptvandfilm.com/blog/porkchop.jpg-

Now that's the short ticket
ticket for what ??
  • #171,471
  • Sep 30, 2009 1:48pm Sep 30, 2009 1:48pm
Quoting albchr
WHAT? To hell with the butterfly pictures. No more pictures of http://www.dogsinduds.com/pictures/butterfly.jpg?? .....
ok
  • #171,472
  • Sep 30, 2009 1:49pm Sep 30, 2009 1:49pm
LOL. She looks short. "All we need is just a little patience" - GUNS-N-ROSES
  • #171,473
  • Sep 30, 2009 1:52pm Sep 30, 2009 1:52pm
Not liking those railroad tracks shaping up on the 1HR. STOP THE TRAIN!!!
  • #171,474
  • Sep 30, 2009 1:52pm Sep 30, 2009 1:52pm
Quoting GlobalMacro
This is what one has to go through when falling in love with a fake b!"tch....

http://farm3.static.flickr.com/2369/...2411af7df1.jpg

I feel your pain bro...honestly!

want a hug?...
i did not know she was so pretty
  • #171,475
  • Sep 30, 2009 1:52pm Sep 30, 2009 1:52pm
Quoting GlobalMacro
This is what one has to go through when falling in love with a fake b!"tch....
I feel your pain bro...honestly!
want a hug?...
YES.... ...PLEASE.....I don't know WHAT I'll do now GM....

I'm so distraught and about this!!
Ghost Rider - WWTBMD?
  • #171,476
  • Sep 30, 2009 1:53pm Sep 30, 2009 1:53pm
Quoting Bullbear0072
LOL. She looks short. "All we need is just a little patience" - GUNS-N-ROSES
Yeah GU will be making a low before NFP
  • #171,477
  • Sep 30, 2009 1:55pm Sep 30, 2009 1:55pm
Quoting ahlamo
Guys,

doesn't the last 4H candle close as a pin, so possibly this is going up? I am short, but now i m rethinking my position for the next couple of hours....

hi, ..its all about the dailly close here for me i will exit at least one of my position if today closes bullish..but the rejection of the top definately favours a short, never this might trigger it all....hang tight
Attached Image (click to enlarge)
Click to Enlarge Name: trade2.gif Size: 19 KB
  • #171,478
  • Sep 30, 2009 1:57pm Sep 30, 2009 1:57pm
Quoting Bullbear0072
LOL. She looks short. "All we need is just a little patience" - GUNS-N-ROSES
Still see no signs of either ATM.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_15m2.gif Size: 34 KB
Ghost Rider - WWTBMD?
  • #171,479
  • Sep 30, 2009 1:57pm Sep 30, 2009 1:57pm
Quoting forexlion
ok
  • #171,480
  • Sep 30, 2009 1:58pm Sep 30, 2009 1:58pm
Quoting nAVIN2007
hi, ..its all about the dailly close here for me i will exit at least one of my position if today closes bullish..but the rejection of the top definately favours a short, never this might trigger it all....hang tight
Navin, today is sept 30, the last day of the month. This is common during the last day of the month, and more so, before NFP
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