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Cable Update (GBPUSD)

  • #176,381
  • Oct 14, 2009 8:24pm Oct 14, 2009 8:24pm
Quoting Magix
Why 1.61 and not just right at current?

I still see nothing on the chart that has this line in the sand drawn.

I've seen no stop and turn on any even dollar, any currency.
My friend, you scream and shout too much....

Do you see it now?
Attached Image (click to enlarge)
Click to Enlarge Name: Cable.JPG Size: 157 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,382
  • Oct 14, 2009 8:24pm Oct 14, 2009 8:24pm
Quoting Bull_Bear
Good point DB .... That's where sellers will line up

1.6100 is definitely the cross roads.
I definitely agree, and I am one of the sellers waiting for that
My edge ===> Patience
  • #176,383
  • Oct 14, 2009 8:29pm Oct 14, 2009 8:29pm
Quoting Ben920FX
I definitely agree, and I am one of the sellers waiting for that
Theres nothing stopping you been a buyer on dips now, up till that point....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,384
  • Oct 14, 2009 8:47pm Oct 14, 2009 8:47pm
Quoting Bull_Bear
My friend, you scream and shout too much....

Do you see it now?
The price of 1.61 or that fat blue line on your chart?

Listen, I know who you is, believe you to be a decent player in this here game, but seriously? 1.61?

1.6118/1.6119 where it has stopped n turned before, sure, I can see that as ACTUAL chart resistance. Still a lotta people spouting lines that are for the most part meaningless....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #176,385
  • Oct 14, 2009 8:47pm Oct 14, 2009 8:47pm
hi guys

any divergence u c in H1 and m15?

just need confirmation
  • #176,386
  • Oct 14, 2009 8:50pm Oct 14, 2009 8:50pm
Quoting deboooo2005
really its not safe to long if 1.6100 not broke ... cable will face resistance from 1.6070 to 1.6097 ... once 1.6100 clear i'll think about long till now i'm still out

Who's longing? LOL....certainly not me unfortunately...lol
Ghost Rider - WWTBMD?
  • #176,387
  • Oct 14, 2009 8:54pm Oct 14, 2009 8:54pm
Quoting albchr
Who's longing? LOL....certainly not me unfortunately...lol
Can always watch for a turn on dip Chris. If this dip keeps a going, should touch @ about 1.6029 and start a come back. But, play as you see fit.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #176,388
  • Oct 14, 2009 8:59pm Oct 14, 2009 8:59pm
Quoting Ben920FX
I definitely agree, and I am one of the sellers waiting for that
I am also one of the sellers at that point if it reachs there! let us wait to see.
Dancing with Candlesticks
  • #176,389
  • Oct 14, 2009 9:03pm Oct 14, 2009 9:03pm
Quoting Magix
Can always watch for a turn on dip Chris. If this dip keeps a going, should touch @ about 1.6029 and start a come back. But, play as you see fit.

Yeah the 15m is already showing signs of rolling over. Still holding a short from 5888. Patience is not one of my weaknesses...lol

I'll wait some to see what this puppy wants to do.
Ghost Rider - WWTBMD?
  • #176,390
  • Oct 14, 2009 9:05pm Oct 14, 2009 9:05pm
Quoting Magix
The price of 1.61 or that fat blue line on your chart?

Listen, I know who you is, believe you to be a decent player in this here game, but seriously? 1.61?

1.6118/1.6119 where it has stopped n turned before, sure, I can see that as ACTUAL chart resistance. Still a lotta people spouting lines that are for the most part meaningless....
Is it not obvious that 1.6100 / 20 is very strong resistance?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,391
  • Oct 14, 2009 9:07pm Oct 14, 2009 9:07pm
Quoting grashid
Am close my swing short GU...and wait how today close...close above 1.6000..i will buy dip with target of 1.6410/20...

I could be wrong and tomorrow only i'll decide how to play with this f*****.....possibility US session will drop a bit and i'll try to form some small long position before doing my swing setting....

I saw yesterday ~ 1.58 area is the best entry but i missed it and waiting for a good set-up...tonight..perhaps

Good luck all
  • #176,392
  • Oct 14, 2009 9:08pm Oct 14, 2009 9:08pm
Quoting Bull_Bear
Is it not obvious that 1.6100 / 20 is very strong resistance?
Now just wtf do you think I been saying?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #176,393
  • Oct 14, 2009 9:13pm Oct 14, 2009 9:13pm
Quoting albchr
Yeah the 15m is already showing signs of rolling over. Still holding a short from 5888. Patience is not one of my weaknesses...lol

I'll wait some to see what this puppy wants to do.
I feel you pain brother, that's why I flip these bitches, seems I can hold onto a loss forever but put me green and Ima looking for the door.

Cable today has been trading great off of the 24ma on the 1, 5, 15m charts, been round today watching and have played it a few trips, only 1 to the short side.

Line in the sand on the 5m was @ the 1.6029, a dip below that would put us watching for the turn n burn on the 15.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #176,394
  • Oct 14, 2009 9:13pm Oct 14, 2009 9:13pm
Quoting Magix
Now just wtf do you think I been saying?
No Fu@%King idea..... *click*
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,395
  • Oct 14, 2009 9:29pm Oct 14, 2009 9:29pm
Welp, gonna grab a few hours shut eye. See you in LDN folks. Who knows, might be able to sell then....
Ghost Rider - WWTBMD?
  • #176,396
  • Oct 14, 2009 9:31pm Oct 14, 2009 9:31pm
Quoting albchr
Welp, gonna grab a few hours shut eye. See you in LDN folks. Who knows, might be able to sell then....
Take it easy bro...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,397
  • Oct 14, 2009 9:31pm Oct 14, 2009 9:31pm
Quoting iForex
I am also one of the sellers at that point if it reachs there! let us wait to see.
hehe...I'm one of the buyers above that line..
Never Stop Learning...
  • #176,398
  • Oct 14, 2009 9:35pm Oct 14, 2009 9:35pm
Quoting Bull_Bear
No Fu@%King idea..... *click*
Wahahahaha

Cool bro, cool.... Some just don't get it
My edge ===> Patience
  • #176,399
  • Edited 10:19pm Oct 14, 2009 9:49pm | Edited 10:19pm
Quoting Ben920FX
Wahahahaha

Cool bro, cool.... Some just don't get it
Resistance starts from:

1. 1.6100 (38.2%)

2. 1.6120 (previous resistance)

3. 1.6130 (aprox 200 ema)


A lot of shit to shovel uphill...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,400
  • Oct 14, 2009 10:01pm Oct 14, 2009 10:01pm
Quoting Bull_Bear
Resistance starts from:

1. 1.6100

2. 1.6120

3. 1.6130 (aprox 200 ema)


A lot of shit to shovel uphill...
Sorry! Noob here.

Does it meant to say that if it doesn't surpass those resistance line, chances of bearish will still be valid? At the moment, it's like lingering between 1.6040 - 1.6055.
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