Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#175,841
Oct 13, 2009 2:43pm Oct 13, 2009 2:43pm

TerpFan2
| Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts

Hey Buddy,

Looks like you're check'in outta here,
'Could understand the Paint is drying...

Been out from the trading as of late,
trying to get back in when 'can.
Hope all is well,
'Will keep in touch when 'can...
Tak'in short(s) for now,

Jeff

I will work to Objectively Identify my Edges

#175,842
Oct 13, 2009 2:56pm Oct 13, 2009 2:56pm

GoldenSpur
| Additional Username | Joined Feb 2009 | 51 Posts

Quoting GoldenSpur

Disliked

I am just waiting next 5 hours

My chart H1 going downtred.

I hope broke 1.583 going UP to 1.592

Ignored

I said.

Now i am going out.

Profit 90 pips

#175,843
Oct 13, 2009 3:05pm Oct 13, 2009 3:05pm

malcolmb14
Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts

Quoting GoldenSpur

Disliked

I said.

Now i am going out.

Profit 90 pips

Ignored

nice

Blogging daily now at www.volume.zone

#175,844
Oct 13, 2009 3:47pm Oct 13, 2009 3:47pm

Bull_Bear
Joined Mar 2009 | Status: FX | 3,789 Posts

Quoting Bull_Bear

Disliked

Buy cable 1.5824.. SL.. 1.5740.. TP..open for now

Ignored

Morning guys,

Time to book profits... closed @ 1.5930

2 x 112 = +224 pips

Veni, Vidi, Vici (We came, we saw, we conquered)

#175,845
Oct 13, 2009 3:59pm Oct 13, 2009 3:59pm

Johor JCS
| Joined May 2008 | Status: Trader | 230 Posts

short cable Tp 5873 SL 5970 .:nerd:

Attached Image

#175,846
Oct 13, 2009 4:20pm Oct 13, 2009 4:20pm

SkyzerFX
| Commercial User | Joined Jul 2009 | 5,375 Posts

Story change every hour..? Now everyone is long.?

I tell you what, This punk a** EURO should sink few 100 pips any day now.

This is getting to obvious, sucking in more and more LONGs,,

There is not a 1 single reason why would EURO trade at $1.50.

Like there is no DEBT or Problems in Europe at all.. Well, they will feel it

soon, with exchange rates like this, for sure..

I think after we reach 10000, if ever, on the DOW, they will pull the rug

out under those who still excited.. Too soon, too high, too fast..

Get ready.. Keep buying EURO, please...

Viewer Discretion Advised: Shall we shag now or should we shag later? :-)

#175,847
Oct 13, 2009 4:24pm Oct 13, 2009 4:24pm

djambazov84
| Joined Apr 2008 | Status: J16 Turtle | 1,572 Posts

Quoting SkyzerFX

Disliked

Story change every hour..? Now everyone is long.?

I tell you what, This punk a** EURO should sink few 100 pips any day now.

This is getting to obvious, sucking in more and more LONGs,,

There is not a 1 single reason why would EURO trade at $1.50.

Like there is no DEBT or Problems in Europe at all.. Well, they will feel it

soon, with exchange rates like this, for sure..

I think after we reach 10000, if ever, on the DOW, they will pull the rug

out under those who still excited.. Too soon, too high, too fast..

Get ready.. Keep buying EURO,...

Ignored

1. show a chart and explain why euro "should" do anything. you are not humbled by market therefore you might have a few conflicting trades that result in a loss because something "should" do something
2. stop thinking about euro fundies or any of that matter current economic environment has been priced in long time ago
3. euro is going higher for now because...its bid and it is trying to find a decent supply area which will make it stop going higher. Simple as that. Price only goes thru the path of least resistance. As for sucking in who and what...only volume and candle shape together will best tell us...nothing else...nothing

Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !

#175,848
Oct 13, 2009 4:31pm Oct 13, 2009 4:31pm

GoldenSpur
| Additional Username | Joined Feb 2009 | 51 Posts

H1 is obvius UPTREND, no doubt... the problem is divergence about H4<>D.

#175,849
Oct 13, 2009 4:34pm Oct 13, 2009 4:34pm

SkyzerFX
| Commercial User | Joined Jul 2009 | 5,375 Posts

Quoting djambazov84

Disliked

3. euro is going higher for now because...people are buying it.

Ignored

The key word is "for now" how long this "now". If Market drop dead

tomorrow will that "now" continue? I don't think so.

Anyways.. Don't pinch me, there was about 10 pages of topic and

you didn't say a thing.. About chart.. I don't think this means anything

really.. Just click 10 pages earlier and there is about 100 of them

showing why would Cable should drop to 1.5300, and none of them matter

day later..

Viewer Discretion Advised: Shall we shag now or should we shag later? :-)

#175,850
Oct 13, 2009 4:38pm Oct 13, 2009 4:38pm

djambazov84
| Joined Apr 2008 | Status: J16 Turtle | 1,572 Posts

ok..
click

Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !

#175,851
Oct 13, 2009 4:40pm Oct 13, 2009 4:40pm

Magix
Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts

Nears I can figure, in order for this to be a LONG trend, and not just a market correction, we would have to go safely into a LONG daily chart, which, we are not at yet.

IMO critical break points on the chart will be 1.6038 and from there 1.6131. Break and hold on a 4hr chart will see me continuing on a long term play style.

Now, I am not any sort of long term holder, I plays em off of my 1m, 5m, 15m as they relate to the 1hr/4hr, anything longer than these, is of really no interest to me.

I will keep the bird in the hand, let others seek the 2 in bush.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!

#175,852
Oct 13, 2009 4:49pm Oct 13, 2009 4:49pm

segxy007
| Joined Apr 2009 | Status: Trader | 83 Posts

i said early this week that i see cable in 1.62,now the jorny as begin,i am long now at 1.5936 and my first terget is 1.5995 and next is 1.6057,i just know it will get there watch.....
what you see is what you get....

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#175,853
Oct 13, 2009 5:10pm Oct 13, 2009 5:10pm

pal-forex
| Joined Apr 2009 | Status: Trader | 14 Posts

TREND IS YOUR FRIEND

#175,854
Oct 13, 2009 5:17pm Oct 13, 2009 5:17pm

pal-forex
| Joined Apr 2009 | Status: Trader | 14 Posts

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TREND IS YOUR FRIEND

#175,855
Oct 13, 2009 6:12pm Oct 13, 2009 6:12pm

forexlion
| Additional Username | Joined Sep 2009 | 8,623 Posts

Quoting SkyzerFX

Disliked

Story change every hour..? Now everyone is long.?

I tell you what, This punk a** EURO should sink few 100 pips any day now.

This is getting to obvious, sucking in more and more LONGs,,

There is not a 1 single reason why would EURO trade at $1.50.

Like there is no DEBT or Problems in Europe at all.. Well, they will feel it

soon, with exchange rates like this, for sure..

I think after we reach 10000, if ever, on the DOW, they will pull the rug

out under those who still excited.. Too soon, too high, too fast..

Get ready.. Keep buying EURO,...

Ignored