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Cable Update (GBPUSD)

  • #186,861
  • Dec 10, 2009 1:10am Dec 10, 2009 1:10am
turning point?
what a nice CS on the last 1hr chart....
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 134 KB
  • #186,862
  • Dec 10, 2009 1:29am Dec 10, 2009 1:29am
Make take is to sell... But wait for de right setup...
  • #186,863
  • Dec 10, 2009 1:36am Dec 10, 2009 1:36am
Sell-la-mania is back?! Sell til NY session. Ha!!
  • #186,864
  • Dec 10, 2009 1:49am Dec 10, 2009 1:49am
Quoting Reznik
Sell-la-mania is back?! Sell til NY session. Ha!!

Signals....
-symmetrical Triangle in the down trend
-Double tops in the 15m chart
-20 & 50 sma intersection (sell)
-Inside bar...

Sell-la-mania is back!! No charts just clicks...
  • #186,865
  • Dec 10, 2009 1:50am Dec 10, 2009 1:50am
Quoting thetruthspy
turning point?
what a nice CS on the last 1hr chart....
no..not yet...still looking good for short...
5909 become closer...
  • #186,866
  • Dec 10, 2009 1:56am Dec 10, 2009 1:56am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
missed the .6220 long :*(.

would have been great. tight tight stop hoping for a 2:1

oh well.
  • #186,867
  • Dec 10, 2009 2:00am Dec 10, 2009 2:00am
There will be massive selling pressure on Sterling if the asset-purchase programme is increased today......so take care
cable will resume moving down to 1.6117 if break we will see 1.57 soon
  • #186,868
  • Dec 10, 2009 2:00am Dec 10, 2009 2:00am
Quoting Reznik
Signals....
-symmetrical Triangle in the down trend
-Double tops in the 15m chart
-20 & 50 sma intersection (sell)
-Inside bar...

Sell-la-mania is back!! No charts just clicks...
double top in 1hr chart will be better..
have U open position?
Patience + Discipline =
  • #186,869
  • Dec 10, 2009 2:11am Dec 10, 2009 2:11am
Yeahhh, looks like daddy loves his baby )
€.
  • #186,870
  • Dec 10, 2009 2:11am Dec 10, 2009 2:11am
watchout this could be a bulls trap..
Patience + Discipline =
  • #186,871
  • Dec 10, 2009 2:12am Dec 10, 2009 2:12am
Quoting Jemmy
double top in 1hr chart will be better..
have U open position?

Closed @ 10pips and sitting the upward movement out...
  • #186,872
  • Dec 10, 2009 2:14am Dec 10, 2009 2:14am
Quoting Jemmy
watchout this could be a bulls trap..

Same here... I sit and wait till it breaks one of the 2 Trend Lines(TL)
  • #186,873
  • Dec 10, 2009 2:15am Dec 10, 2009 2:15am
Quoting Jemmy
double top in 1hr chart will be better..
have U open position?
what? another top?
what a nice day today
  • #186,874
  • Dec 10, 2009 2:18am Dec 10, 2009 2:18am
I think this bull run is for waiting the news.....later today
  • #186,875
  • Dec 10, 2009 2:18am Dec 10, 2009 2:18am
Quoting Reznik
Closed @ 10pips and sitting the upward movement out...
just speculating open sell @6266 SL=6276..
Patience + Discipline =
  • #186,876
  • Dec 10, 2009 2:27am Dec 10, 2009 2:27am
Quoting Jemmy
just speculating open sell @6266 SL=6276..
another wave will come...
lol
  • #186,877
  • Dec 10, 2009 2:27am Dec 10, 2009 2:27am
Quoting Jemmy
just speculating open sell @6266 SL=6276..
loss -10 pips..
Patience + Discipline =
  • #186,878
  • Dec 10, 2009 2:29am Dec 10, 2009 2:29am
I sure hope so!!!! Anyone else selling???


Quoting Jemmy
watchout this could be a bulls trap..
  • #186,879
  • Dec 10, 2009 2:33am Dec 10, 2009 2:33am
Quoting Jemmy
loss -10 pips..

Should be in positive now... Take care and cruise on.
But for me I wait...
  • #186,880
  • Dec 10, 2009 2:39am Dec 10, 2009 2:39am
10 pips SL on GU is way too small of a SL. You will loose most time in my opinion if you use that. That is like picking TOP and Bottom which is very hard to do. I use 40 back then but increase to 60 recently. Ofcourse with smaller lots size.


Quoting Reznik
Should be in positive now... Take care and cruise on.
But for me I wait...
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