Disliked6180 to 6160 perfect spot...
retest of the resistance level daily.
and no i am not going to get into that agruement with Mgix once more... after i won it yesterday by 300 pip...lolIgnored
Cable Update (GBPUSD)
- #188,162
- Dec 17, 2009 4:30pm Dec 17, 2009 4:30pm
- Joined Jan 2008 | Status: Pipaholics make better lovers ;) | 1,002 Posts
Seems like she building resistance around 6170....
- #188,165
- Dec 17, 2009 5:21pm Dec 17, 2009 5:21pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #188,168
- Dec 17, 2009 5:38pm Dec 17, 2009 5:38pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
hai guise,
mal, im with you on this one. Today, we are going south, big time. Open sell @6148, no TP yet. But, again, follow me at your own risk. I have only started trading for 2 months
thanks
mal, im with you on this one. Today, we are going south, big time. Open sell @6148, no TP yet. But, again, follow me at your own risk. I have only started trading for 2 months
thanks
Volume, MA, Fractal
- #188,171
- Dec 17, 2009 5:57pm Dec 17, 2009 5:57pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
m mmm i hear you ... this is just an educated guess as always and I have risk management proceddures inplace.
Just thought to remind you i was afraid the excited might make you forget The only position i have now u/cad long 1.0580,No new trade till somethings clear to me i have doubt about it(which is retrace to up till new year Mainly E/U)
- #188,172
- Dec 17, 2009 6:53pm Dec 17, 2009 6:53pm
- Joined Jan 2008 | Status: Pipaholics make better lovers ;) | 1,002 Posts
we looking at dbl top around 6180 ? 
going short at 6165
going short at 6165
- #188,173
- Dec 17, 2009 7:11pm Dec 17, 2009 7:11pm
My speculation is gbp back to 6400 region to retest yesterday hig
and usdcad back to 1.0500 region
Why because weekly support did hold pretty good and we are in oversold in daily. And cad is very weak at the weekly support 1.0693 wich is a triple top and wich mean usd will loose is strength.
That is just my way so dont follow me I migth be wrong but still i think after a 800 pip move down on the gbp I would more likely to look for a buying opportunity.. and that is what I see on the 4hr and the daily
and usdcad back to 1.0500 region
Why because weekly support did hold pretty good and we are in oversold in daily. And cad is very weak at the weekly support 1.0693 wich is a triple top and wich mean usd will loose is strength.
That is just my way so dont follow me I migth be wrong but still i think after a 800 pip move down on the gbp I would more likely to look for a buying opportunity.. and that is what I see on the 4hr and the daily
- #188,174
- Dec 17, 2009 7:18pm Dec 17, 2009 7:18pm
- | Commercial User | Joined Feb 2008 | 7,908 Posts
The finest tool in the world still needs a MAN who KNOWS how to use it.
- #188,176
- Dec 17, 2009 7:24pm Dec 17, 2009 7:24pm
- Joined Apr 2008 | Status: Trader | 7,674 Posts
we looking at dbl top around 6180 ?
going short at 6165
- #188,177
- Dec 17, 2009 7:25pm Dec 17, 2009 7:25pm
- Joined Jan 2008 | Status: Pipaholics make better lovers ;) | 1,002 Posts
good job. ive added more shorts too, 6100 should be like slicing butter tonight
- #188,179
- Dec 17, 2009 7:37pm Dec 17, 2009 7:37pm
- Joined Apr 2008 | Status: Trader | 7,674 Posts
cheer..
- #188,180
- Dec 17, 2009 7:41pm Dec 17, 2009 7:41pm
good job. ive added more shorts too, 6100 should be like slicing butter tonight
yep either you or me that is all is going to be left on our toast tomorow,,butter.
hope you are rigth only after my call lolol
cheer...