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Cable Update (GBPUSD)

  • #171,641
  • Sep 30, 2009 10:58pm Sep 30, 2009 10:58pm
Quoting grashid
transview and fareast as well....I setan a bit expensive...will come again tonoght as yesterday no much time to survey as they close at 9.30pm

ya if we look at Daily..mmm...possible of 5830/50 test or even lower....but weekly reversal (inverted doji-possible)....so with M15 formed some support atm....

and am leave my 6015 with till London and perhaps will start my trailing soon....
That's what I thought. You gotta be a speedy gonzales to have dinner, to Jurong and back to Orchard again. I have rested all my fairway clubs, and settled with rescue clubs instead...but then again, whatever works and you are comfortable with. Chat later, gotta go for a meeting now. Be back in London time.
  • #171,642
  • Sep 30, 2009 10:58pm Sep 30, 2009 10:58pm
Quoting Alpha Hamste
I actually fell asleep last night waiting for this GU. Woke up and decided to call it a night as it was just ranging 30 - 40 pips only for HOURS.
Ditto, funny thing, even if I would have shorted when I was headed for bed, and AFTER another 100 pip rise in it, by the time I woke up, and given the rest of the days worth of play, I would have been about par if not a little better off.

At least on this one. Sigh.

I might just give up Cable and stick to Dragon and EJ. I have always hated the short range plays of Cable. I have actually and todays case 9a good example), watched it sit in channel long enough to turn all of my indicators against my plays. POFS!

I am thinking of attaching a set of brass ones to my monitor, that way when it pulls this shit again, I might gain a little satisfaction from giving it a swift kick in the NUTS!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #171,643
  • Sep 30, 2009 11:14pm Sep 30, 2009 11:14pm
Quoting fourxtrader
You deserve the spotlight.

I read your 'bio' and that is very impressive.

I'd like to post it here but I'll just invite other
members of this forum to go visit and read.

How's your golf game?

Dr. D.
am just a poor guys like you guys...express what i saw..but am seldomly post atm and more focus on my trading...just pointing when necessary or when a lot of my close friend here...Golf? Still looking a good price atm...Ok la c later...going for lunch
  • #171,644
  • Sep 30, 2009 11:31pm Sep 30, 2009 11:31pm
[quote=GodfreyH;3107005]I posted the following on gbpjpy thread, but I am repeating it here as well... I recently created an alert which those that use moving averages may find useful when you're tired and need to get some shut eye.

I'm not sure if there is another indicator like this already, but basically it will alert you when price reaches predefined pip levels from a moving average.

Godfrey,
10,000 Thankyous for your shareing of this.
Regards Allan
  • #171,645
  • Sep 30, 2009 11:35pm Sep 30, 2009 11:35pm
Now the direction are so confuse and we are at a middle of running, however this the first October first candle change rite. So any Idea guy's for trading safely today ? while a lot of news today. as usual Bears and Bull
  • #171,646
  • Sep 30, 2009 11:41pm Sep 30, 2009 11:41pm
Quoting grashid
u are late...I was with Jhon since most of people are buying that time....
5830/50 to be test today or even lower as DJ& Gold spike on yesterday NY....Higher price in order to me to kick it down....so becarefull long...I was here since b4 NY lunch....Perhaps u may take it again at 6XXX area...otherwise like bird been shot......Good luck

http://www.forexfactory.com/showpost...stcount=171374
Good day to you, sir

Yip - seems I'm always late...

I am making slow progress towards the higher timefames and to incorporate more "long term" views in my decision-making. Currently I only take short term trades for 10 to 20 pips with the odd 30 or 40.

Thank you for taking the time to comment. It is appreciated

My highest regards
  • #171,647
  • Sep 30, 2009 11:44pm Sep 30, 2009 11:44pm
Some areas of interest to me.

First off. Would like to see 5800, substantially broken to confirm further bearish trend. If brached perhaps on the road to 5600 and below.

Looking @ H4 prior support @ 6120 has proven to be new area of resistance and keeping us below. Breaking this area is crucial to me for further setups.

Pin on Daily & H4 @ 5772 yet to be breached....
On uptrend need to break 6200.

Looking for next setup!!!
Cable is a tricky b!tch.

Any thought always appreciated.

As posting BREAKOUT SOUTH!!!
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XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #171,648
  • Sep 30, 2009 11:50pm Sep 30, 2009 11:50pm
Quoting grashid
u are late...I was with Jhon since most of people are buying that time....
5830/50 to be test today or even lower as DJ& Gold spike on yesterday NY....Higher price in order to me to kick it down....so becarefull long...I was here since b4 NY lunch....Perhaps u may take it again at 6XXX area...otherwise like bird been shot......Good luck

http://www.forexfactory.com/showpost...stcount=171374
G buddy, It looks like this time no mercy for the bulls

Candle close below Gann HiLo on 4h TF, price below 160, breakout of the bearish flag, etc...

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Actually the pound is the Cinderella among all currencies lol

Catch you all in NY

Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #171,649
  • Sep 30, 2009 11:54pm Sep 30, 2009 11:54pm
Yes, JUST saw that, may be further bearish confirmation.

Sorry chart is now out of date!

Edit: No need to be sorry! I am looking @ all options for next setup!

Perhaps looking for slight retrace before adding short....
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #171,650
  • Oct 1, 2009 12:10am Oct 1, 2009 12:10am
Quoting TauTrader
Good day to you, sir

Yip - seems I'm always late...

I am making slow progress towards the higher timefames and to incorporate more "long term" views in my decision-making. Currently I only take short term trades for 10 to 20 pips with the odd 30 or 40.

Thank you for taking the time to comment. It is appreciated

My highest regards
when done properly it can be very rewarding..u can make 170 - 1000 pips trading risk the same number of pips in a scalp. the difference is being profitable is easy cause u can have 8 losers and 2 winners and u in the green...i see we broke down...


what defines a winner in this is profitability, was not on a demo for 1 year for nothing. when good fortunes touches us i always consider myself to be lucky.

be lucky my friend
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  • #171,651
  • Oct 1, 2009 12:12am Oct 1, 2009 12:12am
Hi I'm new to the thread

Been reading a lot lately, very interesting discussions so far

We are the TREND. Resistance is futile...
  • #171,652
  • Oct 1, 2009 12:20am Oct 1, 2009 12:20am
Good day to you all,

Hope you are well rested and in good spirit. Attached my chart with levels of importance to me, right now.. These are numbered and referenced:

1) This is the 50% line of this current week. Sitting @ 1.5947. Held price yesterday on the move down after the news. Price now below. Should form strong resistance.
2) This area is a strong confluence region and will be the ultimate barrier to block any move up from here. Sitting in this area, we have Tuesday's close @ 1.5960, as well as the week's opening price @ 1.5965, as well as the 50% line of the monthly range @ 1.5967
3) To block price even further, we have confluence of the monthly opening price @ 1.5981 and Tuesday's high sitting @ 1.5988

On a pure technical level, these barriers will be extremely difficult to get through.

4) To the downside, we have the low of last week sitting @ 1.5914 - should be a significant level.
5) The 1.5900 round number
6) The Monday close price @ 1.5880

Price will probably range between (2) and (4) for a while before choosing direction.

7)Friday target may be around 1.5845 - should we continue down

I hope this assists. I will be going up the coast a bit later as I have to go and train up a group of people tonight. So will not be trading much today. I wish you all the best.

Regards
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  • #171,653
  • Oct 1, 2009 12:21am Oct 1, 2009 12:21am
Quoting grashid
am just a poor guys like you guys...express what i saw..but am seldomly post atm and more focus on my trading...just pointing when necessary or when a lot of my close friend here...Golf? Still looking a good price atm...Ok la c later...going for lunch
GOLF? yes .. why not.. :d
  • #171,654
  • Oct 1, 2009 12:22am Oct 1, 2009 12:22am
Quoting XTrade
Yes, JUST saw that, may be further bearish confirmation.

Sorry chart is now out of date!

Edit: No need to be sorry! I am looking @ all options for next setup!

Perhaps looking for slight retrace before adding short....
Yes, I'd like that too. I'm not ready to short.

My ema's haven't wound tight enough. Needs
to retrace back up to where they're all bunching
together around 1.5985 and even above to the
pivot before crashing back down.


Dr. D.
Attached Image
  • #171,655
  • Oct 1, 2009 12:24am Oct 1, 2009 12:24am
Quoting nAVIN2007
when done properly it can be very rewarding..u can make 170 - 1000 pips trading risk the same number of pips in a scalp. the difference is being profitable is easy cause u can have 8 losers and 2 winners and u in the green...i see we broke down...


what defines a winner in this is profitability, was not on a demo for 1 year for nothing. when good fortunes touches us i always consider myself to be lucky.

be lucky my friend
Thank you for the wishes - Yes, I will get there! I am making way too many trades at the moment. More frequent exposure is more risk. Not good.

Working on it!

Have a super one!

Regards
  • #171,656
  • Oct 1, 2009 12:26am Oct 1, 2009 12:26am
Quoting nAVIN2007
when done properly it can be very rewarding..u can make 170 - 1000 pips trading risk the same number of pips in a scalp. the difference is being profitable is easy cause u can have 8 losers and 2 winners and u in the green...i see we broke down...


what defines a winner in this is profitability, was not on a demo for 1 year for nothing. when good fortunes touches us i always consider myself to be lucky.

be lucky my friend
bro..

we broke both flags. smaller TF and Higher TF... 160p from the top..
http://www.forexfactory.com/showpost...stcount=171422

[Charts]
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  • #171,657
  • Oct 1, 2009 12:33am Oct 1, 2009 12:33am
good mae everyone
GU has broken the bear flag and i expect the retest of the tl then drop further
good luck all
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  • #171,658
  • Oct 1, 2009 12:41am Oct 1, 2009 12:41am
from the link as started below ...http://www.forexfactory.com/showpost...stcount=165165.

It is based that the result of the following Pitchfort + S.H = expected downtrend from 3rd sept has yielded CABLE to be polished by the BUCK which more is expected
  • #171,659
  • Oct 1, 2009 12:42am Oct 1, 2009 12:42am
Quoting Xtravaganz
Hey guys. I'm a fan of Bat pics too. anyone knows why is Hasnaa banned or whatever ?!

When anyone can make BAT pics pls pm me i want to know more about it.

Thx because i dont want to miss that.


The clues are all in Hasnaa charts
>
Attached Image
  • #171,660
  • Oct 1, 2009 12:43am Oct 1, 2009 12:43am
Quoting Piters
bro..

we broke both flags. smaller TF and Higher TF... 160p from the top..
http://www.forexfactory.com/showpost...stcount=171422

[Charts]
excellent its great to see a trader looking at the same things

we just need to close below that support 1.59 and we sweet!!
yes the fact that we broke the flags technically support our direction

dailly low is taken out..itsjust a pity we didnt get a pin but i guess thats was the trap to go long
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