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Cable Update (GBPUSD)

  • #195,601
  • Jan 25, 2010 3:08am Jan 25, 2010 3:08am
Congrats for your trades... but we have a position... and trading too... risk is part of this job... weŽll see what the market give us today...
... All good things come to those who wait...
  • #195,602
  • Jan 25, 2010 3:09am Jan 25, 2010 3:09am
SL not touched... Still first target 1.6080
... All good things come to those who wait...
  • #195,603
  • Jan 25, 2010 3:09am Jan 25, 2010 3:09am
Sellers get on your mark, get set, doji lol.
  • #195,604
  • Jan 25, 2010 3:11am Jan 25, 2010 3:11am
From the chart posted by Shad, GU should be down anytime.
Face both Win and Lose bravely
  • #195,605
  • Jan 25, 2010 3:13am Jan 25, 2010 3:13am
Me.

Quoting wormboy
I did mention to Ctic earlier, I'm looking for a large bounce up. Chart below shows why.
Cable is still trending up - mid term, unless price close below ltl2.
Divergence, patterns & confluences - the whole nine yards.

Troll.

Quoting Yngwie
I make it simple.. no divergence, no bla bla bla.. price now 6111 and GU will going down to 5920 nahh.. i'm kiddin..

Bla bla ey? That little surge would've caught some cocky sob by surprise no doubt. Pride always comes before the fall.
Thank You
  • #195,606
  • Jan 25, 2010 3:13am Jan 25, 2010 3:13am
Quoting ZeroPip
Congrats for your trades... but we have a position... and trading too... risk is part of this job... weŽll see what the market give us today...
No worry she will reverse down faster or not !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #195,607
  • Jan 25, 2010 3:15am Jan 25, 2010 3:15am
Eh I wish I was home to jump in.
  • #195,608
  • Edited 3:37am Jan 25, 2010 3:15am | Edited 3:37am
Quoting Shad
Hope U Get What I Meant !


I know and see what u mean, understanding which levels has more signifigance is the key in this game. Unfortunately one has to determine this before hand which is subjective to one's self. Hence some hit the mark and others don't, 1.6220 is the 38.2% retarce form 1.6456 to 1.6075.

Now for the dwonward draft to remain strong 1.6220 must hold for it to have enough firing power to break the upward sloping TL, anything above up to the 50% dilutes the probability of continued momentum, but of course this is again subjective to my style.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #195,609
  • Jan 25, 2010 3:20am Jan 25, 2010 3:20am
Quoting wormboy
Me.




Troll.




Bla bla ey? That little surge would've caught some cocky sob by surprise no doubt. Pride always comes before the fall.
He prob won't understand "Pride always comes before the fall"

Too right me main man ...

Whats cooking Wormie?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #195,610
  • Jan 25, 2010 3:25am Jan 25, 2010 3:25am
I have these positions too
Short EURUSD
Short NZDUSD
Long USDCAD
LonG EURAUD
... All good things come to those who wait...
  • #195,611
  • Jan 25, 2010 3:37am Jan 25, 2010 3:37am
Quoting manize


focus on your chart manize...,
I will be the number one Manager.
  • #195,612
  • Jan 25, 2010 3:47am Jan 25, 2010 3:47am
Quoting javapips
focus on your chart manize...,
I did ! Thanks !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #195,613
  • Jan 25, 2010 3:52am Jan 25, 2010 3:52am
Quoting Bull_Bear
He prob won't understand "Pride always comes before the fall"

Too right me main man ...

Whats cooking Wormie?
lol, irks me when one comes up with a proper chart for the sake of discussion & a troll decides to run along & throw a one liner like "I'll make it simple ... bla bla". Hope he learns not to speak out of his arse again.

How we doing mate?
My bias was long but I'm currently flat, waiting for the right setup because I had a long PO lower which wasnt triggered & I am already out of my short position. Not entering now tho, a bit too tight to call from here for me tbh. How bout you? Trading?
Thank You
  • #195,614
  • Jan 25, 2010 3:54am Jan 25, 2010 3:54am
Zero pips, What is ur possition on G/U? I am on Long
  • #195,615
  • Jan 25, 2010 3:57am Jan 25, 2010 3:57am
Quoting digger1
well a boredom trade lol, still bearish longer term but will see if I can catch a little bounce Attachment
Trade update, besides the boredom part the other reason for the trade was price wasent interested in anything below the daily open which today is also the weekly open, took some posistions on the bounces off the open , 1st tgt was reached, 2nd was hit but didnt trigger the limit orders , closed some manually, the rest stps are in and will see wht happens, not huge trades by any means but a nice way to start the week , good luck to all
Attached Image (click to enlarge)
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  • #195,616
  • Jan 25, 2010 3:58am Jan 25, 2010 3:58am
Quoting wormboy
lol, irks me when one comes up with a proper chart for the sake of discussion & a troll decides to run along & throw a one liner like "I'll make it simple ... bla bla". Hope he learns not to speak out of his arse again.

How we doing mate?
My bias was long but I'm currently flat, waiting for the right setup because I had a long PO lower which wasnt triggered & I am already out of my short position. Not entering now tho, a bit too tight to call from here for me tbh. How bout you? Trading?
Hello Wormie, nice to see you again. Eventhough rarely you post here it is very worthy to reconsider my plan.

GBU bro !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #195,617
  • Jan 25, 2010 3:59am Jan 25, 2010 3:59am
Quoting vicforex
Zero pips, What is ur possition on G/U? I am on Long
Short
... All good things come to those who wait...
  • #195,618
  • Jan 25, 2010 4:00am Jan 25, 2010 4:00am
Quoting wormboy
lol, irks me when one comes up with a proper chart for the sake of discussion & a troll decides to run along & throw a one liner like "I'll make it simple ... bla bla". Hope he learns not to speak out of his arse again.

How we doing mate?
My bias was long but I'm currently flat, waiting for the right setup because I had a long PO lower which wasnt triggered & I am already out of my short position. Not entering now tho, a bit too tight to call from here for me tbh. How bout you? Trading?
Yeah one liner clowns, alot of those around here... LOL

Yeah mate trading hard nowdays..... holding cable only now, still looking for positions on other pairs. Dragon has served me well last week with the 146.00 drop
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #195,619
  • Jan 25, 2010 4:08am Jan 25, 2010 4:08am
Hi guys,

I've seen GM is bullish and I usually don't like to be on the other side....

Here is my analysis based as usual on Ichimoku....and we have a very unusual set-up....on daily

1) PA is below kumo (cloud)
2) Tenkan (yellow) is above Kijun (magenta)
3) Kijun is below Ema (green)

What is unusual, is the Tenkan position.....before an important upmove it's always below Kijun....

So what....for me it means clearly we are still in a downtrend and currently we have a retracement which may hit low line of kumo @1.6250 .....on its highest....and that's why I have a sell stop @1.61065...just below to-day's VSA point of control....

And of course I might be wrong....but a good opportunity to check Ichimoku interpretation validity.....

GL to all
Attached Image (click to enlarge)
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Non licet omnibus adire Corinthum
  • #195,620
  • Jan 25, 2010 4:19am Jan 25, 2010 4:19am
Quoting manize
Hello Wormie, nice to see you again. Eventhough rarely you post here it is very worthy to reconsider my plan.

GBU bro !

Hi manize how's it going
You don't need to reconsider anything bro, you scalp like a machine
Watch out for the descending utl @6195 level bro, close above that, cable will fly, else, get your goggles ready, we dive again

Good luck to you too!
Thank You
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