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Cable Update (GBPUSD)

  • #183,721
  • Nov 18, 2009 11:08am Nov 18, 2009 11:08am
[quote=malcolmb14;3243230]allow me to introduce my little friend ... the dollar index

usdcad up , gu eu down...pretty simple....

[quote]

Attached Image (click to enlarge)
Click to Enlarge Name: chart04b.gif Size: 22 KB
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  • #183,722
  • Nov 18, 2009 11:09am Nov 18, 2009 11:09am
I am bought USDCAD at 1.0525 TP 50 pips SL 50 pips...
"Buy on fear, sell on greed !!!
  • #183,723
  • Nov 18, 2009 11:09am Nov 18, 2009 11:09am
G/U already has long condition...
  • #183,724
  • Nov 18, 2009 11:12am Nov 18, 2009 11:12am
its me against the world, and thats the way i like it

i win and all the world loses
When life gives you lemons, make lemonade
  • #183,725
  • Nov 18, 2009 11:17am Nov 18, 2009 11:17am
Quoting micho
its me against the world, and thats the way i like it

i win and all the world loses
Not quite alone Micho, I am long gbpusd from 1.6720 with a stop just raised to b/e.
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  • #183,726
  • Nov 18, 2009 11:23am Nov 18, 2009 11:23am
Quoting Uphios
Not quite alone Micho, I am long gbpusd from 1.6720 with a stop just raised to b/e.
Nice trade. Is your tp S1?
A. Finesse Williams Making Millions One Pip At A Time!
  • #183,727
  • Nov 18, 2009 11:23am Nov 18, 2009 11:23am
Quoting malcolmb14
bet they are watching you post as you type it .. they will be hawkish just to play with you ....

yes Malc they watched me adn see what i did
gu down 120 pips
i think better to close know
anyways no firght here bro we are here to share ideas

Good luck bro
Don't compare your Trades with Others
  • #183,728
  • Nov 18, 2009 11:27am Nov 18, 2009 11:27am
Quoting aswilled
good assessment.

See bro it worked
as i said i am MACD trader
it worked for me before and also this time

happy pips to all
Don't compare your Trades with Others
  • #183,729
  • Nov 18, 2009 11:27am Nov 18, 2009 11:27am
Quoting DubaiFX
yes Malc they watched me adn see what i did
gu down 120 pips
i think better to close know
anyways no firght here bro we are here to share ideas

Good luck bro

yeah they rammed her up overnight for reshort off 1.6840.

I missed that , but did manage a few up pips.

Today I have just been selling rallies.

The range off 1.6770 was awesome .. kept selling take 20 , sell take 20 and on last one sell righti nto high volume pivot cluster at 1.6720

I do not htink the down move is done.

If my wave count is right we head down to 1.6000 test....big statement I know and NOT overnight

I am as bearish as you are trust me. I am very usd bull ....
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  • #183,730
  • Edited 11:29am Nov 18, 2009 11:29am | Edited 11:29am
long short flip the coin hell no i am short on both b;;;;;;;hs eu and cable

and long cad
  • #183,731
  • Nov 18, 2009 11:29am Nov 18, 2009 11:29am
Quoting aswilled
Nice trade. Is your tp S1?
No idea at the moment, all done by EA. I would imagine the target at the moment is 1.6773 but it wil change if we get near to it.
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  • #183,732
  • Nov 18, 2009 11:32am Nov 18, 2009 11:32am
Quoting malcolmb14
yeah they rammed her up overnight for reshort off 1.6840.

I missed that , but did manage a few up pips.

Today I have just been selling rallies.

The range off 1.6770 was awesome .. kept selling take 20 , sell take 20 and on last one sell righti nto high volume pivot cluster at 1.6720

I do not htink the down move is done.

If my wave count is right we head down to 1.6000 test....big statement I know and NOT overnight

I am as bearish as you are trust me. I am very usd bull ....
Malcolm. Do you think this pattern will become invalid soon and it will break down through the LTL?
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 36 KB
  • #183,733
  • Nov 18, 2009 11:33am Nov 18, 2009 11:33am
Quoting DubaiFX
See bro it worked
as i said i am MACD trader
it worked for me before and also this time

happy pips to all
i am using the macd also for my trades. I think the gu is at its exhaustion. 120 pips is its daily range. and london has ended and the us is about to.
A. Finesse Williams Making Millions One Pip At A Time!
  • #183,734
  • Nov 18, 2009 11:36am Nov 18, 2009 11:36am
Quoting malcolmb14
yeah they rammed her up overnight for reshort off 1.6840.

I missed that , but did manage a few up pips.

Today I have just been selling rallies.

The range off 1.6770 was awesome .. kept selling take 20 , sell take 20 and on last one sell righti nto high volume pivot cluster at 1.6720

I do not htink the down move is done.

If my wave count is right we head down to 1.6000 test....big statement I know and NOT overnight

I am as bearish as you are trust me. I am very usd bull ....
me too bro USD bull
but when i said its time to close i closed half position just to lock in some pips
as i mentioned before 6460 is my target

Don't compare your Trades with Others
  • #183,735
  • Nov 18, 2009 11:37am Nov 18, 2009 11:37am
Quoting malcolmb14
may be on a re-test of 1.6830 ..... yesterdays close was 1.6825

sorry I lied to you and made you get 10 pips draw down ...lol

hope you got the short
Blogging daily now at www.volume.zone
  • #183,736
  • Nov 18, 2009 11:38am Nov 18, 2009 11:38am
Quoting DubaiFX
me too bro USD bull
but when i said its time to close i closed half position just to lock in some pips
as i mentioned before 6460 is my target


400 down...I also have 1.6460 , then 200 up to 1.6600 ish , then 400 to 600 down ....

assuming this moves in symmetrical waves
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  • #183,737
  • Nov 18, 2009 11:41am Nov 18, 2009 11:41am
Quoting malcolmb14
400 down...I also have 1.6460 , then 200 up to 1.6600 ish , then 400 to 600 down ....

assuming this moves in symmetrical waves

SO we are on same Boat
Don't compare your Trades with Others
  • #183,738
  • Nov 18, 2009 11:52am Nov 18, 2009 11:52am
Quoting DubaiFX
SO we are on same Boat

yup I posted something on the weekly chart on the weekend

I think 1.6850 may have been end of wave 2 .....wave 3 takes us way down
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  • #183,739
  • Nov 18, 2009 12:04pm Nov 18, 2009 12:04pm
Quoting malcolmb14
yup I posted something on the weekly chart on the weekend

I think 1.6850 may have been end of wave 2 .....wave 3 takes us way down

here is my weekly...

I posted this on weekend .. not going to happen overnight

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  • #183,740
  • Nov 18, 2009 12:06pm Nov 18, 2009 12:06pm
Quoting malcolmb14
for those that think i am a complete muppet ....

weekly chart and symmetry of moves

it is an educated guess that this will drop if this move is symmetrical form the 2007 top

remember wave 1 and 2 will form when everyone are still bullish ...wave 3 is the longest as they discover they were completely wrong

Attachment

could be possible ...taking it day by day and hoping that my swing trade short does not get stopped out
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