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Cable Update (GBPUSD)

  • #208,741
  • Mar 22, 2010 9:05am Mar 22, 2010 9:05am
my internet is soooo fioijhjkkjhjkgjkg!!!!
@pawpaw1000 on Twitter
  • #208,742
  • Mar 22, 2010 9:05am Mar 22, 2010 9:05am
2 bear candles on M5 now.
  • #208,743
  • Mar 22, 2010 9:07am Mar 22, 2010 9:07am
stopped...

and there goes 30 pips in 2 trades... BOOM BOOM!

loving it...

cable is really strange to day. thought a close above resistance would be good but noooooooooooooooooooooo!
@pawpaw1000 on Twitter
  • #208,744
  • Mar 22, 2010 9:07am Mar 22, 2010 9:07am
Quoting cloggie
A bit too early for my taste. I am still waiting, there is a retracement in the cards here. I can't see the PA on M5 supporting a higher high and the last close of M5 was a bear candle.

Here is the retracement, may be the 3rd bear candle on M5 and a bear candle on M15
  • #208,745
  • Mar 22, 2010 9:08am Mar 22, 2010 9:08am
Quoting pawpaw1000
stopped...

and there goes 30 pips in 2 trades... BOOM BOOM!

loving it...

cable is really strange to day. thought a close above resistance would be good but noooooooooooooooooooooo!
1.5 takes a lot and yes there was a close above on the M15 however it was accomplished with a bear candle on M5, that's why I called the retracement.
  • #208,746
  • Mar 22, 2010 9:08am Mar 22, 2010 9:08am
Quoting pawpaw1000
cable is really strange to day
i agree ...
  • #208,747
  • Mar 22, 2010 9:09am Mar 22, 2010 9:09am
Quoting Lordpip
i agree ...
She has been fairly predictable today.
  • #208,748
  • Mar 22, 2010 9:10am Mar 22, 2010 9:10am
Quoting Lordpip
i agree ...
guess its cause its monday and no one really knows whether we headed north or south...

see we have trended a lilbit up for the last couple of hours, slight but there.
@pawpaw1000 on Twitter
  • #208,749
  • Mar 22, 2010 9:11am Mar 22, 2010 9:11am
Quoting pawpaw1000
stopped...

and there goes 30 pips in 2 trades... BOOM BOOM!

loving it...

cable is really strange to day. thought a close above resistance would be good but noooooooooooooooooooooo!
Dont worry I lost thirty on one trade...down about 23 pips for the day so far, looking to long from the 50% of the last move on the 5 min which is just about 1.5000, lets see if i have the patience...
  • #208,750
  • Mar 22, 2010 9:11am Mar 22, 2010 9:11am
Good day for scalping though....
Don't be emo... don't be emo....
  • #208,751
  • Mar 22, 2010 9:13am Mar 22, 2010 9:13am
Quoting cloggie
She has been fairly predictable today.
yes, she has until this last 20 min! I was scalping very nicely, shorting at the top, long at the bottom and then she throws this into the machine:

A close above 1.5000, then a new high, all pointing to the long waited break and then she just dies on me. I put a short at 1.5000 as I though we werent gona break. We break and I decide to go long once m15 closes and then we go back down....

that is not fair
@pawpaw1000 on Twitter
  • #208,752
  • Mar 22, 2010 9:14am Mar 22, 2010 9:14am
Quoting pawpaw1000
yes, she has until this last 20 min! I was scalping very nicely, shorting at the top, long at the bottom and then she throws this into the machine:

A close above 1.5000, then a new high, all pointing to the long waited break and then she just dies on me. I put a short at 1.5000 as I though we werent gona break. We break and I decide to go long once m15 closes and then we go back down....

that is not fair

Just look at the M5 3 bear candles in a row, no matter where she closes on the M15 it is a fake out. Down we go.

We ARE still going up, just not right now.
  • #208,753
  • Mar 22, 2010 9:17am Mar 22, 2010 9:17am
Quoting cloggie
Just look at the M5 3 bear candles in a row, no matter where she closes on the M15 it is a fake out. Down we go.
thats the type of knowledge I need

oh well, still up a lil for the day. If i make another 10 pips today I will be happy but will prefer to make a 30 pip breakout!!!

we have retraced almost 100 pips the last couple of hours...
@pawpaw1000 on Twitter
  • #208,754
  • Mar 22, 2010 9:18am Mar 22, 2010 9:18am
Quoting cloggie
She has been fairly predictable today.
In the sense that she's been moving from support to resistance back to support ad nauseam all morning? I rudely woke myself up from the echo of my snoring in the gents
  • #208,755
  • Mar 22, 2010 9:19am Mar 22, 2010 9:19am
Quoting pawpaw1000
thats the type of knowledge I need

oh well, still up a lil for the day. If i make another 10 pips today I will be happy but will prefer to make a 30 pip breakout!!!

we have retraced almost 100 pips the last couple of hours...

I am not taking any shorts from here on, just longs. Looking for the breakout. 1.5 is always a tough nut to crack look on H4 how she has been dancing around it once reached.
  • #208,756
  • Mar 22, 2010 9:20am Mar 22, 2010 9:20am
Quoting bbakker
In the sense that she's been moving from support to resistance back to support ad nauseam all morning? I rudely woke myself up from the echo of my snoring in the gents

You can always count on S/R's
  • #208,757
  • Mar 22, 2010 9:23am Mar 22, 2010 9:23am
Quoting cloggie
I am not taking any shorts from here on, just longs. Looking for the breakout. 1.5 is always a tough nut to crack look on H4 how she has been dancing around it once reached.

I reckon we will just keep meandering like we have been doing and before we know i we are at 1.5150
@pawpaw1000 on Twitter
  • #208,758
  • Mar 22, 2010 9:23am Mar 22, 2010 9:23am
Quoting cloggie
She has been fairly predictable today.

Different strokes for different folks but I will always doff my hat for Cloggie
  • #208,759
  • Mar 22, 2010 9:24am Mar 22, 2010 9:24am
I'm long now !
  • #208,760
  • Mar 22, 2010 9:24am Mar 22, 2010 9:24am
bang, the Diva is moving
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