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Cable Update (GBPUSD)

  • #176,761
  • Oct 15, 2009 8:44am Oct 15, 2009 8:44am
Quoting kill
and i love it
keep smilling buddy
  • #176,762
  • Oct 15, 2009 8:46am Oct 15, 2009 8:46am
Quoting Galation
What makes you think it will tank?
take a look bro and u tell me what u think
Attached Image (click to enlarge)
Click to Enlarge Name: gbp h4.gif Size: 24 KB
  • #176,763
  • Oct 15, 2009 8:47am Oct 15, 2009 8:47am
Quoting Bull_Bear
Whatta NUT!!!!

That's my famous line for him....
Well...if that's the highest language he has in store...and even that he's incapable of repeating => being consistent about...speaks volumes about what "being" he is...

no wonder no one gives a damn what noise he gives off himself...
Hear the music before the song is over ...
  • #176,764
  • Oct 15, 2009 8:48am Oct 15, 2009 8:48am
Quoting nAVIN2007
keep smilling buddy
bro bloodddddy hell sorry f hell why not bro
  • #176,765
  • Oct 15, 2009 8:49am Oct 15, 2009 8:49am
Quoting kill
the b;;;;;;;;h plying hard ball befor she tank
yeah that d**m B;;;;;;;h.. really "Turn Me ON"

ambulance wait for me @ 1.67.... =)) =)) =))
Attached Image (click to enlarge)
Click to Enlarge Name: damn_gu killme.gif Size: 32 KB
  • #176,766
  • Oct 15, 2009 8:51am Oct 15, 2009 8:51am
  • #176,767
  • Oct 15, 2009 8:53am Oct 15, 2009 8:53am
I am short @ 1.6213...
  • #176,768
  • Oct 15, 2009 8:55am Oct 15, 2009 8:55am
roommm the b;;;;;;h asking for f;;;kers down there she's horny ready for her
  • #176,769
  • Oct 15, 2009 8:56am Oct 15, 2009 8:56am
Quoting wormboy
I have a skype room where we trade LIVE & people share trade setups & opinions there. I'll be happy for you to come up, maybe I can teach you a thing or two about trading.
Could you please tell me how to join your room.. At lest to just watch

your guys trading? Thank you.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #176,770
  • Oct 15, 2009 8:56am Oct 15, 2009 8:56am
Quoting tommycz
I am short @ 1.6213...
no harm to be patient...think of 64XX area
  • #176,771
  • Oct 15, 2009 8:56am Oct 15, 2009 8:56am
Quoting kill
take a look bro and u tell me what u think
Your relative strength indicator is in overbought, but it can stay in overbought for a while, and even when it is in overbought, if price starts to range sideways it will correct itself into normal without tanking it.

All your EMA's or SMA's are below price action.

Draw a fib from the 1.34 area low up to the 1.67 area high, look at weekly candles. You will see that it has bounced off the 38.2%. The drop from 1.67 to 1.57 could well be a pull back in a bigger up-trend.

I am not saying a direction. I'm just saying act with prudence and try to confirm your trading decisions.

At the end of the day, the traders take money from gamblers: so traders love gamblers and people who hold weak positions.
Probability Professor
  • #176,772
  • Oct 15, 2009 8:57am Oct 15, 2009 8:57am
beautiful shooting star about to form on H4. Time to short.

BTW Galation, love your signatures. Pure wit and wisdom.
TRADE FOR SWAP
  • #176,773
  • Oct 15, 2009 9:00am Oct 15, 2009 9:00am
I'm outta here

See you guys tom

Later
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,774
  • Oct 15, 2009 9:05am Oct 15, 2009 9:05am
Quoting cgldsmth
beautiful shooting star about to form on H4. Time to short.

BTW Galation, love your signatures. Pure wit and wisdom.
well, a sort of shooting star
TRADE FOR SWAP
  • #176,775
  • Oct 15, 2009 9:15am Oct 15, 2009 9:15am
Quoting GlobalMacro
Hey C'mon now...


btw, great to hear you had a great time last night...


However If I Humbly May...
From Personal Experience:

Don't Trade While Freshly In Love! (No Pun Intended!)

No BS there buddy....

Lesson WELL learned
Ghost Rider - WWTBMD?
  • #176,776
  • Oct 15, 2009 9:23am Oct 15, 2009 9:23am
She seems to be in a tightening range, good chance of a powerfull break...however the direction of the break is anybodies guess! (short term)

I am not sure if she is done going up yet though...
  • #176,777
  • Oct 15, 2009 9:25am Oct 15, 2009 9:25am
Still short at 6231....

What is the opinion of some of you guys as to where it is going....knowing it is educated speculation...lol.

Anyway...Do you think it is going back down below 6100???

Thoughts anyone?

BP
  • #176,778
  • Oct 15, 2009 9:30am Oct 15, 2009 9:30am
http://3.bp.blogspot.com/_mPzakcyDNg...ber%2B2009.gif

http://3.bp.blogspot.com/_mPzakcyDNg...B2009%2B4h.gif

Greeting to all,

I wanna share some of my point of view on cable today. A possible Head and Shoulder formed at Daily GBPUSD chart. On the smaller time frame the 4H time frame is in Overbought zone which indicate that the upside should be limited soon.

Strategy: Go short at minor swing low at 1.6215 (using 5M entry)

Min Target: 1.6051

Typical Taret: 1.5985

Maximum Target: 1.5918

Stop at : 1.6300

I just use simple Fibonacci, Stochastic and classical chart pattern analysis. Trade at your own risk.

My Elliott Wave analysis blog
  • #176,779
  • Oct 15, 2009 9:33am Oct 15, 2009 9:33am
Quoting BearPaw
Still short at 6231....

What is the opinion of some of you guys as to where it is going....knowing it is educated speculation...lol.

Anyway...Do you think it is going back down below 6100???

Thoughts anyone?

BP
At the min PA is right in the middle between R4 & R5.. as antic says the range is tighting.. I honestly think no one knows thats why your not geting an answer to your question..
  • #176,780
  • Oct 15, 2009 9:33am Oct 15, 2009 9:33am
Quoting Fx1618
SL Moved >>> 1.6123
SL Moved > 1.6149

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