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Cable Update (GBPUSD)

  • #188,541
  • Dec 20, 2009 2:13pm Dec 20, 2009 2:13pm
Quoting Reznik
Ha!! Guess who's back? Sell-la-mania... Where are my Sell-Mates?!

Going to Sell from 22nd Dec till New Year...


Got insider info... Going down with a loud BANG!! Ha!!
  • #188,542
  • Dec 20, 2009 2:35pm Dec 20, 2009 2:35pm
Quoting Reznik
Got insider info... Going down with a loud BANG!! Ha!!

Good for you!
Holding my candle high up, my mentor lit it up once!!
  • #188,543
  • Dec 20, 2009 2:45pm Dec 20, 2009 2:45pm
Great opportunities coming. 4 Hr trend down with 1 hr coming back counter style against it as shown here. I will be selling all the way back to the 1.6400 area if need be.

Jim
Attached Image (click to enlarge)
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  • #188,544
  • Dec 20, 2009 3:12pm Dec 20, 2009 3:12pm
Hi Guys,

The opening prices are as follows:-

GU - 1.6124

EU - 1.4303

GJ - 145.443.

GL.
You've got to be IN IT to WIN IT!
  • #188,545
  • Dec 20, 2009 3:38pm Dec 20, 2009 3:38pm
malcomb 14 . you use murrey math levels and they dont go with your bearish view on gu on any time frame . you use ew and they dont go with your bearish view right now may be it will in few weeks but right now gu is ready for a good correction as fib ret @261.8 of the pb and near 76.4 of the last rally on 4h . 4h mm -1/8th daily 2/8th major sopport could take it to 6/8th or more as it willbe second time to test it . i m not arguing with any as i have a lot of respect for all traders . its only a pointview
  • #188,546
  • Dec 20, 2009 4:16pm Dec 20, 2009 4:16pm
Quoting GlobalMacro
The late drop in cable looks overstretched to me
There is a decent support here

I am buying here @ 1.6090

Longs set late friday @ 1.6090 looking good
Cable trading @ 1.6132 right now, did trade up to a high of 1.6165 late
friday into saturday

I will continue to carry the long position...
Attached Image
Hear the music before the song is over ...
  • #188,547
  • Dec 20, 2009 4:33pm Dec 20, 2009 4:33pm
The magic of the 15degree angle trendline
nothing else to mention picture speak for themself
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  • #188,548
  • Dec 20, 2009 4:43pm Dec 20, 2009 4:43pm
Quoting onewish
I rarely ever post but silent read. I have to give respect to GM for his incredible accuracy and his professional conduct in this thread.
This man has humility even when he has made over 1000 pips in a single trade when everyone was short and he went long.
Does eveyone remember that one.
Well done and a big thumbs DOWN to all who can't show some respect to good traders like GM.


Thanks onewish....I appreciate your discerning observation...

Respect!
GM
Hear the music before the song is over ...
  • #188,549
  • Dec 20, 2009 4:45pm Dec 20, 2009 4:45pm
Quoting Lejumeau
The magic of the 15degree angle trendline
nothing else to mention picture speak for themself
Close my long from 6060 get back on short side to test the trendline below or the low of friday.
  • #188,550
  • Dec 20, 2009 4:49pm Dec 20, 2009 4:49pm
Hey guy why dont we post about the market and not about our EGO, we are all in the same boat here is making pip and having fun to share ideas, we have all difference personality and opinion and way of expressing ourself so just dont we take it to personaly when someone post something.

Cheer... everyone
  • #188,551
  • Dec 20, 2009 4:54pm Dec 20, 2009 4:54pm
So does anyone else still think today is still going to be bearish?
I could only find trendlines that showed a down movement, and everyone here seems to be discussing going long....
  • #188,552
  • Dec 20, 2009 4:57pm Dec 20, 2009 4:57pm
I agree with your correction, However, I think a drop tp 1.6080 area first.

Quoting GlobalMacro
Thanks onewish....I appreciate your discerning observation...

Respect!
GM
  • #188,553
  • Dec 20, 2009 5:04pm Dec 20, 2009 5:04pm
please confirm

G/U short now or buy??
  • #188,554
  • Dec 20, 2009 5:08pm Dec 20, 2009 5:08pm
Quoting GlobalMacro
Thanks onewish....I appreciate your discerning observation...

Respect!
GM
Hello GM
Happy new week full of Green ++
Is it allow to the student to tell his teacher his view?
  • #188,555
  • Dec 20, 2009 5:10pm Dec 20, 2009 5:10pm
Quoting Nene
I agree with your correction, However, I think a drop tp 1.6080 area first.
if price does go there, wouldn't be that dramatic...too minor a move for my trade...

Alright....I'm outta here...
Catchya guys later...
Hear the music before the song is over ...
  • #188,556
  • Dec 20, 2009 5:12pm Dec 20, 2009 5:12pm
Quoting egkid
Hello GM
Happy new week full of Green ++
Is it allow to the student to tell his teacher his view?
lol...

c'mon now, you're being too humble bro...of course....

Happy new week to you too!

gotta run....catch you later....
Hear the music before the song is over ...
  • #188,557
  • Dec 20, 2009 5:16pm Dec 20, 2009 5:16pm
Quoting GlobalMacro
lol...

c'mon now, you're being too humble bro...of course....

Happy new week to you too!

gotta run....catch you later....
Well, we suppose to retrace but that could not happen
In brief here my view and I'm sure you will take care.
PS:http://www.forexfactory.com/showthre...63#post3318263
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  • #188,558
  • Dec 20, 2009 7:05pm Dec 20, 2009 7:05pm
Quoting Lejumeau
Hey guy why dont we post about the market and not about our EGO, we are all in the same boat here is making pip and having fun to share ideas, we have all difference personality and opinion and way of expressing ourself so just dont we take it to personaly when someone post something.

Cheer... everyone
It is the only sensible post in 2 days.
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #188,559
  • Dec 20, 2009 7:32pm Dec 20, 2009 7:32pm
sell cable @6126, SL=6385(weekly R1, TP=5720(weekly S3)
Attached Image (click to enlarge)
Click to Enlarge Name: cable sell 21dec09.GIF Size: 14 KB
Patience + Discipline =
  • #188,560
  • Dec 20, 2009 9:03pm Dec 20, 2009 9:03pm
Hi
Do you draw that manually or you have indicator to draw 15 degree

Quoting Lejumeau
The magic of the 15degree angle trendline
nothing else to mention picture speak for themself
581 traders viewing now, 1 is registered:
CPUmice