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Cable Update (GBPUSD)

  • #206,401
  • Mar 16, 2010 7:36am Mar 16, 2010 7:36am
Quoting pawpaw1000
news in 6min, might give direction...
News are roughfully within expectations ..... no idea which way cable is going,,,,
  • #206,402
  • Mar 16, 2010 7:37am Mar 16, 2010 7:37am
well, if we fail at 1.5150 again we could go short with that behind us for s/l??
@pawpaw1000 on Twitter
  • #206,403
  • Mar 16, 2010 7:38am Mar 16, 2010 7:38am
Quoting Clouds
short from 5140, for various reasons

U must have alot of years below you belt... But in my little Technique "Water-Crest Technique"... There is a Positive Divergence!! Prices is going "UP". So I wait to add LONG!!
  • #206,404
  • Mar 16, 2010 7:39am Mar 16, 2010 7:39am
Quoting pawpaw1000
well, if we fail at 1.5150 again we could go short with that behind us for s/l??
A double top would be a nice signal for a sell, getting pretty close to 150 now...
  • #206,405
  • Mar 16, 2010 7:39am Mar 16, 2010 7:39am
my R1 is @ 5140 so if it bounces off 5150 might wait a little longer b4 going short .... me thinks
  • #206,406
  • Mar 16, 2010 7:40am Mar 16, 2010 7:40am
Quoting forexlion
going by the position of my tail and 1 hour macd, i think the fart is powerful enough to blow through and through so i would not advise shorts
the ..... err ......... was too powerful, blew away most of the shorts

my week open target of 5170 remains
  • #206,407
  • Mar 16, 2010 7:43am Mar 16, 2010 7:43am
Quoting solrac
my R1 is @ 5140 so if it bounces off 5150 might wait a little longer b4 going short .... me thinks
I got mine @5160. 5152 nice resistane, but they've been made to be borken, it's its destiny not to hold a price LOL!
Don't rush to take a short guys, this day is madness... You'll always have another chance to trade!
  • #206,408
  • Mar 16, 2010 7:46am Mar 16, 2010 7:46am
Quoting antic81
A double top would be a nice signal for a sell, getting pretty close to 150 now...
Another "HigH" by a pip Antic, @1.51-53 "ish"
"Prop's" to you if you have the "GoNad's" to short
the trend here, but i sure wouldn't...

She's testing lower slightly, to blow further high,
I'd say...
-But who knows... We'll See.
Best of Pipping to you,

Jeff !
I will work to Objectively Identify my Edges
  • #206,409
  • Mar 16, 2010 7:47am Mar 16, 2010 7:47am
Quoting maurofx
I got mine @5160. 5152 nice resistane, but they've been made to be borken, it's its destiny not to hold a price LOL!
Don't rush to take a short guys, this day is madness... You'll always have another chance to trade!
I agree Mauro,,,,, and Fed`s rate later today,,,,,mmmmmmmmm im might just sit tight,,,,
  • #206,410
  • Mar 16, 2010 7:48am Mar 16, 2010 7:48am
Quoting maurofx
I got mine @5160. 5152 nice resistane, but they've been made to be borken, it's its destiny not to hold a price LOL!
Don't rush to take a short guys, this day is madness... You'll always have another chance to trade!

Looks like we wait till NY session to proof which way we all go. But for me, I hold my LONG!! thanks to the numerous sell order... I am so happy to hold LONG!! "The Bulls rule"
  • #206,411
  • Mar 16, 2010 7:48am Mar 16, 2010 7:48am
Quoting solrac
I agree Mauro,,,,, and Fed`s rate later today,,,,,mmmmmmmmm im might just sit tight,,,,
rate will stay the same...

no effect on market
@pawpaw1000 on Twitter
  • #206,412
  • Mar 16, 2010 7:50am Mar 16, 2010 7:50am
i'm short...
@pawpaw1000 on Twitter
  • #206,413
  • Mar 16, 2010 7:50am Mar 16, 2010 7:50am
Quoting Reznik
Looks like we wait till NY session to proof which way we all go. But for me, I hold my LONG!! thanks to the numerous sell order... I am so happy to hold LONG!! "The Bulls rule"
Didn't NY open 20mn ago ?
COT: The precious data ignored
  • #206,414
  • Mar 16, 2010 7:51am Mar 16, 2010 7:51am
Quoting pawpaw1000
i'm short...
double top with break of trend on 5min...

not an expert but I try...
@pawpaw1000 on Twitter
  • #206,415
  • Mar 16, 2010 7:53am Mar 16, 2010 7:53am
Quoting TerpFan2
Another "HigH" by a pip Antic, @1.51-53 "ish"
"Prop's" to you if you have the "GoNad's" to short
the trend here, but i sure wouldn't...

She's testing lower slightly, to blow further high,
I'd say...
-But who knows... We'll See.
Best of Pipping to you,

Jeff !
I agree that it would take large ones to short now...and I am afraid that I havent done it, if I had I would have been 20 pips up already...I blinked and missed it!

THe only plus really is having a good marker to put our SL,so once again a really nice RR ratio, however I said that once today and that did not work out to well for me! LOL!

Ant
  • #206,416
  • Mar 16, 2010 7:57am Mar 16, 2010 7:57am
Quoting kuroro001
Didn't NY open 20mn ago ?
56 minutes ago man.
  • #206,417
  • Mar 16, 2010 7:59am Mar 16, 2010 7:59am
Quoting pawpaw1000
i'm short...
short too @15133 ....sl 25 pips ..... Go on Cable make my day !!!! lol
  • #206,418
  • Mar 16, 2010 8:00am Mar 16, 2010 8:00am
Quoting antic81
A double top would be a nice signal for a sell, getting pretty close to 150 now...

Got to say this again... "You see what you want to see but if you wait the Chart will tell you a tale"
  • #206,419
  • Mar 16, 2010 8:02am Mar 16, 2010 8:02am
Quoting maurofx
56 minutes ago man.
according to bloomberg tv it opens in 30 min guys....summer time adjustments playing havoc i see
  • #206,420
  • Mar 16, 2010 8:04am Mar 16, 2010 8:04am
Quoting antic81
I agree that it would take large ones to short now...and I am afraid that I havent done it, if I had I would have been 20 pips up already...I blinked and missed it!
Ant
Gotcha AntiC,
I was just gonna say that... It would HAVE to be a,
"Quick Smash & Grab" of the Candy store Window!
-Though yeah, she can fall,

Here goes the 9-O'Clock Candle,
Let's see where she goes to...
Maybe a "Tripple Top", by a pip-higher! !
Ahh...
What a Game !
Again, 'Best of Pipping,

Jeff !
I will work to Objectively Identify my Edges
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