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Cable Update (GBPUSD)

  • #183,401
  • Nov 17, 2009 8:17am Nov 17, 2009 8:17am
Quoting aswilled
Not a bad TP, but I doubt it passes the 61% ret.
It hemmed in by the trendlines, fibs, PP and the 80. This is like quicksand right now. Vol. is low.
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  • #183,402
  • Nov 17, 2009 8:25am Nov 17, 2009 8:25am
Quoting aswilled
It hemmed in by the trendlines, fibs, PP and the 80. This is like quicksand right now. Vol. is low.
Its trying to break this ceiling. You can short here for a good fill.
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  • #183,403
  • Nov 17, 2009 8:30am Nov 17, 2009 8:30am
Quoting Petar_Serbia
Long is wrong !
Well the great thing is; one of us will be right! I hope its me for my sake.
  • #183,404
  • Nov 17, 2009 8:30am Nov 17, 2009 8:30am
Quoting wormboy


Very good setup, took it myself.
Don't worry, if she falls, you'll have an equal chance to ride it south.
wormboy good day,
I know your real sentiment and can't understand and why you starting to post things that you dont Believe in.
  • #183,405
  • Nov 17, 2009 8:37am Nov 17, 2009 8:37am
Quoting aswilled
Its trying to break this ceiling. You can short here for a good fill.
another short good fill opp...
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  • #183,406
  • Nov 17, 2009 8:42am Nov 17, 2009 8:42am
Armies ready for the South....but have sent some to the North to tell the news. May call everyone on board if candle closes below daily pivot line. Strategy may change if the grapes are discovered to be in the north.
  • #183,407
  • Nov 17, 2009 8:44am Nov 17, 2009 8:44am
that figure is going to hold out as a ceiling.
A. Finesse Williams Making Millions One Pip At A Time!
  • #183,408
  • Nov 17, 2009 8:46am Nov 17, 2009 8:46am
Quoting goodwings
Armies ready for the South....but have sent some to the North to tell the news. May call everyone on board if candle closes below daily pivot line. Strategy may change if the grapes are discovered to be in the north.
Aye goodwings. Long time... Just follow the fibs and pp. The figure got it locked up top. But if it bust....
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  • #183,409
  • Nov 17, 2009 8:58am Nov 17, 2009 8:58am
Quoting aswilled
Aye goodwings. Long time... Just follow the fibs and pp. The figure got it locked up top. But if it bust....
Good short fill opp.
A. Finesse Williams Making Millions One Pip At A Time!
  • #183,410
  • Nov 17, 2009 9:16am Nov 17, 2009 9:16am
Quoting aswilled
Good short fill opp.
long or short ? make your mind up ...

one post long time next short time

lol if undecided stay out till direction is clear

reversal on 3 hour but so far no real selling pressure ....

and ES acting really non direction so far this morning

i am short off 1.6815 but not loving lack of price action and am going to close and take today off till market works itself out

Attached Image (click to enlarge)
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  • #183,411
  • Nov 17, 2009 9:19am Nov 17, 2009 9:19am
it is not move....
tired?

I sold at 6810.

what is your idea? where can GU go and wich point is your TP ?
  • #183,412
  • Nov 17, 2009 9:30am Nov 17, 2009 9:30am
1 H chart - double top
Cable must fall
  • #183,413
  • Nov 17, 2009 9:30am Nov 17, 2009 9:30am
Quoting aswilled
Aye goodwings. Long time... Just follow the fibs and pp. The figure got it locked up top. But if it bust....
hehe.....
2 pips to my TP then turned south again!!!!!!!!!
It has been long my friend. Do u still maintain ur threads?
  • #183,414
  • Nov 17, 2009 9:43am Nov 17, 2009 9:43am
1.6710 next

close ucad 1.06
  • #183,415
  • Nov 17, 2009 9:47am Nov 17, 2009 9:47am
Drop courtesy of hawkish tone from Lacker.
  • #183,416
  • Nov 17, 2009 9:48am Nov 17, 2009 9:48am
Quoting malcolmb14
long or short ? make your mind up ...

one post long time next short time

lol if undecided stay out till direction is clear

reversal on 3 hour but so far no real selling pressure ....

and ES acting really non direction so far this morning

i am short off 1.6815 but not loving lack of price action and am going to close and take today off till market works itself out

Attachment
Good call, consider join the boat ! But I'll wait next H1/H4 PA vs 1.6793 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #183,417
  • Nov 17, 2009 9:53am Nov 17, 2009 9:53am
Quoting malcolmb14
long or short ? make your mind up ...

one post long time next short time

lol if undecided stay out till direction is clear

reversal on 3 hour but so far no real selling pressure ....

and ES acting really non direction so far this morning

i am short off 1.6815 but not loving lack of price action and am going to close and take today off till market works itself out

Attachment
Sorry. I know it sounds like I am in indecision but what I am doing is trading the ranges and numbers according to the s/r lines made by the banks. The immediate trend appears to be down now. Bulls are fighting... But the ranges persist. And I am going up and down them with the bankers. I'm in the streets... Where is the price now?
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  • #183,418
  • Nov 17, 2009 9:56am Nov 17, 2009 9:56am
nice....

falling.
  • #183,419
  • Nov 17, 2009 9:59am Nov 17, 2009 9:59am
Quoting goodwings
hehe.....
2 pips to my TP then turned south again!!!!!!!!!
It has been long my friend. Do u still maintain ur threads?
I am just returning. Trading has gotten a lot better. I am on my blackberry, where is the market right now? Below the figure?
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  • #183,420
  • Nov 17, 2009 9:59am Nov 17, 2009 9:59am
Staying out at the moment unitl one of these lines is clearly broken.

EDIT - also very new to all this. Are these decent trend lines or just a waste of time.

http://img688.imageshack.us/img688/3650/gbp.png
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