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Cable Update (GBPUSD)

  • #185,561
  • Dec 2, 2009 11:17am Dec 2, 2009 11:17am
strong selling volume past couple of hours in EU => possible dollar strength
  • #185,562
  • Dec 2, 2009 11:19am Dec 2, 2009 11:19am
Quoting frito
strong selling volume past couple of hours in EU => possible dollar strength
i don't think because GBP didn't follow ...
  • #185,563
  • Dec 2, 2009 11:19am Dec 2, 2009 11:19am
+10 on the 15m resistance denial...

Closed +15
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,564
  • Dec 2, 2009 11:19am Dec 2, 2009 11:19am
Who is down what is ur nearest goal?
  • #185,565
  • Edited 11:37am Dec 2, 2009 11:23am | Edited 11:37am
Long 1.6643

Out +9
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,566
  • Dec 2, 2009 11:26am Dec 2, 2009 11:26am
Quoting Magix
Long 1.6643
I don't trade on this market , take care brother
  • #185,567
  • Dec 2, 2009 11:28am Dec 2, 2009 11:28am
Quoting samdani786
also 6690 is 10-23 high and 6710 is the 1.618 fib projection. Lets see which one is gonna stop it
10-23 High prevail and act as resist. Even though the dollar index is moving higher towords the UTL, eur gbp is going down and thats what keeping the gbpusd from droping. Lets see
Attached Image (click to enlarge)
Click to Enlarge Name: euro gbp.gif Size: 19 KB
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  • #185,568
  • Dec 2, 2009 11:30am Dec 2, 2009 11:30am
If 6650 became a resistance then 6600 is the target
  • #185,569
  • Dec 2, 2009 11:40am Dec 2, 2009 11:40am
dollar index
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Click to Enlarge Name: usd.gif Size: 16 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,570
  • Dec 2, 2009 11:42am Dec 2, 2009 11:42am
Shortened range, tightening squeeze between 55EMA and 200SMA 5m chart.

But a real fun day...glad I playing hooky from work today...

Attached Image (click to enlarge)
Click to Enlarge Name: squeeze.JPG Size: 93 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,571
  • Dec 2, 2009 11:49am Dec 2, 2009 11:49am
Long 1.6648
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,572
  • Dec 2, 2009 11:54am Dec 2, 2009 11:54am
Quoting Magix
Long 1.6648
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #185,573
  • Dec 2, 2009 11:56am Dec 2, 2009 11:56am
Quoting manize


They say there is one in every crowd....I think I might just be it....

Crazy as an outhouse rat!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,574
  • Dec 2, 2009 12:00pm Dec 2, 2009 12:00pm
Quoting Magix
They say there is one in every crowd....I think I might just be it....

Crazy as an outhouse rat!
1.6642 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #185,575
  • Dec 2, 2009 12:02pm Dec 2, 2009 12:02pm
Now, when I am posting my trades, profits, losses...it is not so much that I expect or hope or believe that everybody plays the same as me.

The one thing I would like a lot of the new players to see is that marrying a position and watching a negative balance grow isn't necessary. If the market swings against you, get out...sit out and wait for a clear sign.

If the market is good, and looks to turn, take a small profit and walk away happy.

This is a scalpers parade right now as no clear direction can be told...at least not off my charts and because we are in a squeeze situation, I am opting to play for the strength of the day and off of direction from London...which is to the bulls...

Hey, if I am wrong, I will post my losses, lick my wounds and move on.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,576
  • Dec 2, 2009 12:05pm Dec 2, 2009 12:05pm
Quoting manize
1.6642 !
As we walk up with the 24SMA line on the 30, we are moving a lot further topside from the support on the 1hr...

That still seems bullish to me...
Attached Image (click to enlarge)
Click to Enlarge Name: 30m.JPG Size: 96 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,577
  • Dec 2, 2009 12:05pm Dec 2, 2009 12:05pm
Quoting Magix
Now, when I am posting my trades, profits, losses...it is not so much that I expect or hope or believe that everybody plays the same as me.

The one thing I would like a lot of the new players to see is that marrying a position and watching a negative balance grow isn't necessary. If the market swings against you, get out...sit out and wait for a clear sign.

If the market is good, and looks to turn, take a small profit and walk away happy.

This is a scalpers parade right now as no clear direction can be told...at least not off my charts and...
Well done bro. I wish i could do that too but i am not good at all in scalping
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,578
  • Dec 2, 2009 12:06pm Dec 2, 2009 12:06pm
Quoting samdani786
Well done bro. I wish i could do that too but i am not good at all in scalping
I am still holding shorts on cable and dragon and none of em moving for hours
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #185,579
  • Dec 2, 2009 12:08pm Dec 2, 2009 12:08pm
Quoting Magix
Now, when I am posting my trades, profits, losses...it is not so much that I expect or hope or believe that everybody plays the same as me.

The one thing I would like a lot of the new players to see is that marrying a position and watching a negative balance grow isn't necessary....
Yes, scalp session untill goes beyond 1.6637 - 1.6663 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #185,580
  • Dec 2, 2009 12:09pm Dec 2, 2009 12:09pm
Guys and gals. Check this out. huge engulfing off of the UTL
Attached Image (click to enlarge)
Click to Enlarge Name: aud jpy.gif Size: 24 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
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