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Cable Update (GBPUSD)

  • #182,061
  • Nov 10, 2009 10:34am Nov 10, 2009 10:34am
Quoting treasurecay25
I hope you are right my friend i m on the same train. Just looking over the landscape and surveying the scene
Even if I am wrong, which, I quite often am, I will escape only losing the time it took me to set sell orders and what could have been made.

I gotta go to werk today, seems like a good day to not be trigger happy and sitting by the trades.

Failure to close above mass drop is what I used as my indicator, and now that the current trend has seemed to go to the bears, other indies now are in support.

When the hourly takes on the same support, JACKPOT!

And as far as losses is concerned...Took a bath on a stupid effin EJ short last night...Head faked...-122 on that rascal. Oh well...EZ COME EZ GO!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #182,062
  • Nov 10, 2009 10:38am Nov 10, 2009 10:38am
Yep... taking in a glass of mellow red whilst listening to Mr. Don Henley. Think Cable will drop, but keeping the fingers away today.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #182,063
  • Nov 10, 2009 10:39am Nov 10, 2009 10:39am
Quoting Big1red9
Hi All.

I began to read this thread because of the volume of activity. My hope was to gain some understanding - for that which might be hidden in the charts bars.
Everything is true and so what.????....I've found best job on earth...and I know what I'm talking about....I did big businesses be4

Now I'm completely free and do my job when and where I want....and I don't care if my broker gets more money than I...He's got all the problems....Maybe you'll find it funny but I know someone who quit his broker job (he owned his business) to become a simple poor, uninformed, naive trader as I am...

BTW I travel 3 months a year all around the world, as I did be4, but just for my own pleasure

GL Sir, with your next thoughts
Non licet omnibus adire Corinthum
  • #182,064
  • Nov 10, 2009 10:40am Nov 10, 2009 10:40am
Although GU's in no mans land currently stuck between 200ema and 600sma, there was selling near the 200ema and 55ema and sell pressure = bearish.

Will there be buying pressure near the 600sma or will it crash through ??


Find out in the next thrilling instalment of SOAP!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #182,065
  • Nov 10, 2009 10:43am Nov 10, 2009 10:43am
Quoting 45Condor
Yep... taking in a glass of mellow red whilst listening to Mr. Don Henley. Think Cable will drop, but keeping the fingers away today.
Dirty laundry ? My favourite ...
  • #182,066
  • Nov 10, 2009 10:46am Nov 10, 2009 10:46am
Quoting Turveyd
Although GU's in no mans land currently stuck between 200ema and 600sma, there was selling near the 200ema and 55ema and sell pressure = bearish.

Will there be buying pressure near the 600sma or will it crash through ??


Find out in the next thrilling instalment of SOAP!!
Sorry I don't believe your analysis
  • #182,067
  • Nov 10, 2009 10:48am Nov 10, 2009 10:48am
Building the perfect beast
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #182,068
  • Nov 10, 2009 10:48am Nov 10, 2009 10:48am
Quoting LetsTrade
Sorry I don't believe your analysis
What is not to believe, he just stated that current price is bouncing between support and resistance....or 2 moving average lines...

He never called a direction, ergo, No Mans Land....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #182,069
  • Nov 10, 2009 10:51am Nov 10, 2009 10:51am
Quoting LetsTrade
Sorry I don't believe your analysis

No you don't understand my analysis there is a difference.

No 600sma buying join on short if 55ema or 200ema selling is present.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #182,070
  • Nov 10, 2009 11:09am Nov 10, 2009 11:09am
Quoting Magix
@ current, I would consider this a good bye zone...

IF you buy now, you can kiss your money Good Bye!

Go bears!

2 lots short...
1.6740
1.6737

S/L set to even.

Please play with caution!


What is your TP bro?
  • #182,071
  • Nov 10, 2009 11:13am Nov 10, 2009 11:13am
Let me know your guys thoughts on this analysis. This is a 4 hour chart

Thanks

Jeremy

Attached Image (click to enlarge)
Click to Enlarge Name: 11-10-2009 11-58-58 AM Post.png Size: 90 KB
"More important than the quest for certainty is the quest for clarity"
  • #182,072
  • Nov 10, 2009 11:18am Nov 10, 2009 11:18am
Quoting Fudomyo
But you don't make any choo choo noises or go cha ching when you win an imaginary trade.

So pedestrian....

You could really spruce your posts up a bit with a bit more delusion.
The "cha chings" are the bare minimum that we expect around here when a trader's demo account enjoys a bumper win. Come on Alan, let's liven things up a bit, in order to maintain the very high standards that have been achieved on this forum in recent weeks.
  • #182,073
  • Nov 10, 2009 11:31am Nov 10, 2009 11:31am
Quoting gammase1
The "cha chings" are the bare minimum that we expect around here when a trader's demo account enjoys a bumper win. Come on Alan, let's liven things up a bit, in order to maintain the very high standards that have been achieved on this forum in recent weeks.
lol

that'll mean we gotta flash our tiny account statements to folks out here paul.
That seems to be the trend now, flash & impress.
I'm too embarrased to do this tho, account too small to compare
Thank You
  • #182,074
  • Nov 10, 2009 11:37am Nov 10, 2009 11:37am
State Bank of India
Attached Image
  • #182,075
  • Nov 10, 2009 11:37am Nov 10, 2009 11:37am
The s&p looks topped out atm.
Dollar is likely to gain a lot of strength if that divergence plays out.
Just a heads up.
Trade safe
Attached Image (click to enlarge)
Click to Enlarge Name: s&p.JPG Size: 77 KB
Thank You
  • #182,076
  • Nov 10, 2009 12:34pm Nov 10, 2009 12:34pm
I sell from here 1.67
GL All
  • #182,077
  • Nov 10, 2009 12:36pm Nov 10, 2009 12:36pm
Very sound analysis. That is definitely something to keep a close eye on.

Thanks

Jeremy
"More important than the quest for certainty is the quest for clarity"
  • #182,078
  • Edited 5:40pm Nov 10, 2009 12:42pm | Edited 5:40pm
Right, back to my Daily/4hr charts.
  • #182,079
  • Nov 10, 2009 12:55pm Nov 10, 2009 12:55pm
6723 down
  • #182,080
  • Nov 10, 2009 1:10pm Nov 10, 2009 1:10pm
OMG, what are you posting there?

If you want buy or sell, use fibonacci and check is it worked out. If not, don't go against it. If someone want seel, you can do that from 1.6730 with SL at 1.6745, but that will be against trend = against TRAIN.

GL.
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