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Cable Update (GBPUSD)

  • #172,941
  • Oct 5, 2009 4:21am Oct 5, 2009 4:21am
Quoting Geppyg
That was the point I was making......

Anyways Good Luck to him may be he catches his fish in a totally different way...

Geppyg
Yep, I heard you loud and clear buddy. Been making the same one myself all morning...lol

So I'm curious Geppy as I value your views highly. What's behind your thinking of this going up toward the 6200 level?
Ghost Rider - WWTBMD?
  • #172,942
  • Oct 5, 2009 4:22am Oct 5, 2009 4:22am
Quoting Bull_Bear
Hey guys,

Dragon looking dangerous for shorties now

http://www.forexfactory.com/showpost...stcount=172758

BB!! I was wondering where you were brother. Still wondering about WB??
Ghost Rider - WWTBMD?
  • #172,943
  • Oct 5, 2009 4:26am Oct 5, 2009 4:26am
Quoting albchr
BB!! I was wondering where you were brother. Still wondering about WB??
Had to drop the woman's parents at the airport. Got tied a little with flight delay.... Back to my same old same old routine now

How you going mate?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #172,944
  • Oct 5, 2009 4:29am Oct 5, 2009 4:29am
I closed at 6002
  • #172,945
  • Oct 5, 2009 4:31am Oct 5, 2009 4:31am
A pull-back like I said... A retracement @ 61.8 is so true now.
  • #172,946
  • Oct 5, 2009 4:31am Oct 5, 2009 4:31am
Minor 1H S/R at 6004 (arrow) seems to have held ATM. Still selling.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_15m.gif Size: 37 KB
Ghost Rider - WWTBMD?
  • #172,947
  • Oct 5, 2009 4:33am Oct 5, 2009 4:33am
Quoting Bull_Bear
Had to drop the woman's parents at the airport. Got tied a little with flight delay.... Back to my same old same old routine now

How you going mate?
Ah yes, time to take them home. Currently nursing a couple shorts. Still have faith in them but I could be a bit happier ATM.....
Ghost Rider - WWTBMD?
  • #172,948
  • Oct 5, 2009 4:35am Oct 5, 2009 4:35am
Quoting Reznik
A pull-back like I said... A retracement @ 61.8 is so true now.
61.8 of what? OH never mind...."CLICK".....
Ghost Rider - WWTBMD?
  • #172,949
  • Oct 5, 2009 4:36am Oct 5, 2009 4:36am
took a chance....

I have to be honest i really not comfortable posting my trades live, incase people are following them, i only do it cause picture paint a thousand words and i cant be bothered to type..if people are ok with this, then i will do it otherwise i can just stop..

but please for god sake understand i get it wrong mostly is just when i do get it right i hold a position enough to wipe out most of the loses..

win loss rate aint good.....so think twice b4 u enter cause i short..and dont blame me

Quoting albchr
Minor 1H S/R at 6004 (arrow) seems to have held ATM. Still selling.
yep am banking on this 4hr remaining bearish
Attached Image (click to enlarge)
Click to Enlarge Name: trade.gif Size: 25 KB
  • #172,950
  • Oct 5, 2009 4:40am Oct 5, 2009 4:40am
Quoting albchr
61.8 of what? OH never mind...."CLICK".....
I see you trigger happy mate...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #172,951
  • Oct 5, 2009 4:42am Oct 5, 2009 4:42am
Quoting albchr
Yep, I heard you loud and clear buddy. Been making the same one myself all morning...lol

So I'm curious Geppy as I value your views highly. What's behind your thinking of this going up towards the 6200 level?
Hi Matey ,

The 4 hourly Double bottom justifies my longs right now and clearly the 9766 zone has been rejected with a vengance....
The next close we get on the 4 houlry should clear up the mess....

Good Day
Geppyg
Let Price determine your future!
  • #172,952
  • Oct 5, 2009 4:43am Oct 5, 2009 4:43am
Quoting nAVIN2007
took a chance....

I have to be honest i really not comfortable posting my trades live, incase people are following them,..and dont blame me

yep am banking on this 4hr remaining bearish
Goes without saying brother. You're not responsible for any trades other than your own. Keep posting away buddy.... If anyone here objects (I doubt it), feel free to post them in my thread anytime. Your views are always welcome and appreciated.
Ghost Rider - WWTBMD?
  • #172,953
  • Oct 5, 2009 4:45am Oct 5, 2009 4:45am
Quoting Geppyg
Hi Matey ,

The 4 hourly Double bottom justifies my longs right now and clearly the 9766 zone has been rejected with a vengance....
The next close we get on the 4 houlry should clear up the mess....

Good Day
Geppyg

Thank you sir....

It's the double top at 6023 that supports my shorts ATM. But as you say, simply no denying the strong rejection at the bottom.
Ghost Rider - WWTBMD?
  • #172,954
  • Oct 5, 2009 4:45am Oct 5, 2009 4:45am
Quoting Geppyg
Hi Matey ,

The 4 hourly Double bottom justifies my longs right now and clearly the 9766 zone has been rejected with a vengance....
The next close we get on the 4 houlry should clear up the mess....

Good Day
Geppyg
yes i know what u mean..i just dont trust the pins caused they were caused by the news anyway i too the pin has taken it to the resistance..if my plan from last week is to play out this is where id needed to short...heres hoping
  • #172,955
  • Oct 5, 2009 4:47am Oct 5, 2009 4:47am
Good day to you all,

Hope you are well rested. I am attaching my chart with my current plan:

1st sell placed @ 1.5980

Will follow with further sells as indicated on the chart.

1st sell was placed in my view because the monthly opening price @ 1.5980 is currently serving as a pivot for price. I currently do not see any strong momentum towards the upside. This, for me, is all correction .

For me, the next 8-12 hrs are crucial. Should we close above 1.6065 within this period, this would signal the 1st warning light for me that there may be some momentum behind this.But I need to see 1.6222 go before I reverse. A further sell will be taken should be retrace as high as 1.6125 to average price to a better level.

This is either a decent retrace, or a reversal in the making... 1.6222 will tell me which is which..

I wish you success

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 20 KB
  • #172,956
  • Oct 5, 2009 4:48am Oct 5, 2009 4:48am
Quoting nAVIN2007
took a chance....

I have to be honest i really not comfortable posting my trades live, incase people are following them, i only do it cause picture paint a thousand words and i cant be bothered to type..if people are ok with this, then i will do it otherwise i can just stop..

but please for god sake understand i get it wrong mostly is just when i do get it right i hold a position enough to wipe out most of the loses..

win loss rate aint good.....so think twice b4 u enter cause i short..and dont blame me



yep am banking on this 4hr remaining...
Possible you not far off the mark NAV
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.JPG Size: 130 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #172,957
  • Oct 5, 2009 4:51am Oct 5, 2009 4:51am
My 8H still has 6 hours to close but that was a perfect touch on the TL. All of this up and down seems to be happening under relatively low volume as well.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_8_hour3.gif Size: 26 KB
Ghost Rider - WWTBMD?
  • #172,958
  • Oct 5, 2009 4:58am Oct 5, 2009 4:58am
1min led the way with the sell-off from 6005 area, in terms of potential resistance there I had area of Dly R1 pivot, area of 76.4% of i/day fall to 5924 and mni saying offers not to mention underside of prev 1hr asc supp t/line...

I/day picture is mixed atm.

G/L

http://i35.tinypic.com/2qdrebl.gif
ex member
  • #172,959
  • Oct 5, 2009 4:59am Oct 5, 2009 4:59am
based on the 15,30 and 1hr tf i think we will test london low again at the minimum sooner than anybody will think. there is a classical H&S on the three tf called above. the good news that came out of france should ride EG up and this shd drag GU and GJ. let see hw this will pay out.i have been wrong a thousand times

also second time we have a strong rejection on the 144ema 1hr tf
  • #172,960
  • Oct 5, 2009 5:04am Oct 5, 2009 5:04am
I think I have a new definition of PA....... Pitiful Action ....lol

Anybody watching any pairs that are actually doing anything?
Ghost Rider - WWTBMD?
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