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Cable Update (GBPUSD)

  • #196,081
  • Jan 26, 2010 4:15pm Jan 26, 2010 4:15pm
Quoting GlobalMacro
Cable traded down to 1.6077 today just above 1.6045 weekly bullish gap and then pulled back up

Around 1.6100 a burgeoning TL from prior Double-Dip comes into play as well

This level also seems to complete 63.63% retracement of the 1.5896-1.6457 move...

I started building long position at around 1.6100


Have A Great Weekend Everyone!

Today's PA following GDP data couldn't sustain the bullish momentum from Monday...

I am exiting the long position here at 1.6150 and taking profit of 50 pips.

My Position Now Is F L A T !
Attached Image
Hear the music before the song is over ...
  • #196,082
  • Jan 26, 2010 4:44pm Jan 26, 2010 4:44pm
Quoting kill56
wow sooooooooo quiet
shhh... tell me where you placed your stop loss...
  • #196,083
  • Jan 26, 2010 5:02pm Jan 26, 2010 5:02pm
Quoting fourxtrader
Once again compressing down on the 1m.
Always worth a few quick pips... any time of the day.

Dr. D.
I love compression.. I love it twice when I get the right time for the breakout

Green pips to you Dr. D and Everyone
"Keep your eyes on the helpers" - Mr. Rogers
  • #196,084
  • Jan 26, 2010 5:03pm Jan 26, 2010 5:03pm
Quoting zapper
shhh... tell me where you placed your stop loss...
Ohhh. Crap....did I even set one...I better make sure
"Keep your eyes on the helpers" - Mr. Rogers
  • #196,085
  • Jan 26, 2010 5:06pm Jan 26, 2010 5:06pm
Quoting Privet
http://gftnet.gftforex.com/images/co...l_g1-12510.JPG
Doesn't this look pretty
"Keep your eyes on the helpers" - Mr. Rogers
  • #196,086
  • Jan 26, 2010 5:08pm Jan 26, 2010 5:08pm
Quoting Shad
What Is Your Idea About Touching 238 Again...!?


If we get a close above 1.6176 on the 4Hr bar and then breach the high of this bar, we could bet a new high...that is the way I am playing it however. Thanks for the chart ..but currently I am short with a SL set at above this bar..target 1.6050

Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 21 KB


time to make some pips while I wait for this trade to develope
"Keep your eyes on the helpers" - Mr. Rogers
  • #196,087
  • Jan 26, 2010 5:29pm Jan 26, 2010 5:29pm
Quoting damonl
If we get a close above 1.6176 on the 4Hr bar and then breach the high of this bar, we could bet a new high...that is the way I am playing it however. Thanks for the chart


don't need to scalp this week damon...,she is so fast..., just let the profit run...,





1.6125
I will be the number one Manager.
  • #196,088
  • Jan 26, 2010 5:38pm Jan 26, 2010 5:38pm
Quoting javapips
don't need to scalp this week damon...,she is so fast..., just let the profit run...,





1.6125
Yeah..it is almost a dead giveaway sometimes, but if I don't scalp, I just sit here...so it is either I scalp or go ice fishing and am already doing that a few days theis week ..ice fishing I mean...a few days this week
"Keep your eyes on the helpers" - Mr. Rogers
  • #196,089
  • Jan 26, 2010 5:39pm Jan 26, 2010 5:39pm
Quoting zapper
shhh... tell me where you placed your stop loss...

out bro but my sl 50 p
  • #196,090
  • Jan 26, 2010 5:45pm Jan 26, 2010 5:45pm
so slow u cant even scalp what the heck
  • #196,091
  • Jan 26, 2010 5:47pm Jan 26, 2010 5:47pm
Quoting kill56
so slow u cant even scalp what the heck
Asian breakout coming..are you ready for it? My bias is down...should be ready for a quck 20 pips minimum

Imagine..scapling the same direction as my trade..go figure
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 26 KB
"Keep your eyes on the helpers" - Mr. Rogers
  • #196,092
  • Jan 26, 2010 5:50pm Jan 26, 2010 5:50pm
some weed bud coffee get high then low get ???????? after that flip the coin enter the market
  • #196,093
  • Jan 26, 2010 5:56pm Jan 26, 2010 5:56pm
Quoting damonl
Asian breakout coming..are you ready for it? My bias is down...should be ready for a quck 20 pips minimum

Imagine..scapling the same direction as my trade..go figure
i wish u and me the luck and greeny pips all the way

4 m to japan
  • #196,094
  • Jan 26, 2010 5:56pm Jan 26, 2010 5:56pm
Quoting kill56
so slow u cant even scalp what the heck
wait a moment kill...,
I will be the number one Manager.
  • #196,095
  • Jan 26, 2010 6:00pm Jan 26, 2010 6:00pm
Quoting kill56
i wish u and me the luck and greeny pips all the way

4 m to japan
b patient...seems pretty volitle right now..sometimes the move does not happen for an hour or two...but play your charts and realize the 8 times out of 10 where it goes is the same place it springs back from, so take profit and don't be greedy...well...be greedy, just take profit

back to..not back from
"Keep your eyes on the helpers" - Mr. Rogers
  • #196,096
  • Jan 26, 2010 6:06pm Jan 26, 2010 6:06pm
15m chart showing bollinger squueeze... ready for some explosions!
  • #196,097
  • Jan 26, 2010 6:08pm Jan 26, 2010 6:08pm
1m cable its crazy bro i will wait tell i see what i like
Attached Image (click to enlarge)
Click to Enlarge Name: m1 cable.gif Size: 27 KB
  • #196,098
  • Jan 26, 2010 6:14pm Jan 26, 2010 6:14pm
Quoting Blacknightz
15m chart showing bollinger squueeze... ready for some explosions!

Watch it....what is it going to consolidate from here and go or come back?
"Keep your eyes on the helpers" - Mr. Rogers
  • #196,099
  • Jan 26, 2010 6:16pm Jan 26, 2010 6:16pm
Quoting kill56
1m cable its crazy bro i will wait tell i see what i like

No offense bro, but if you feel 1M cable is crazy, then you don't know how to use the indicators on your chart.....I suggest you find ones you know how to use and put them on your chart

LOL
"Keep your eyes on the helpers" - Mr. Rogers
  • #196,100
  • Jan 26, 2010 6:22pm Jan 26, 2010 6:22pm
Quoting damonl
No offense bro, but if you feel 1M cable is crazy, then you don't know how to use the indicators on your chart.....I suggest you find ones you know how to use and put them on your chart

LOL
bro i do learn every day and cable all the time crazy not only 1m
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