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Cable Update (GBPUSD)

  • #209,261
  • Mar 23, 2010 7:57am Mar 23, 2010 7:57am
My short term trades,
follow me don't or it become invalid!
http://i270.photobucket.com/albums/j...T7447/gu1h.gif
  • #209,262
  • Mar 23, 2010 7:57am Mar 23, 2010 7:57am
Quoting bbakker
Hey Wormie. Nice to see you, to see you nice. Don't know about your baby-blue charts, not too good on the eye, but apart from that I still like the simplicity of them. Damn do I hate clutter! It has certainly been drifting upwards these last 2 hours. I think the next 60 mins will seal the fate of cable for today.
Did I say 60 mins, I meant 60 seconds
  • #209,263
  • Mar 23, 2010 7:58am Mar 23, 2010 7:58am
sorry, just been stopped.

43 pips aint all that bad hey?

Not entering a trade now as I'm not sure whats gonna happen and propably need to see the next 60min!
@pawpaw1000 on Twitter
  • #209,264
  • Mar 23, 2010 8:01am Mar 23, 2010 8:01am
Quoting wormboy
Exactly.
Hi Wormie,
Do you have a long term view ?
  • #209,265
  • Mar 23, 2010 8:07am Mar 23, 2010 8:07am
Quoting bbakker
Hey Wormie. Nice to see you, to see you nice. Don't know about your baby-blue charts, not too good on the eye, but apart from that I still like the simplicity of them. Damn do I hate clutter! It has certainly been drifting upwards these last 2 hours. I think the next 60 mins will seal the fate of cable for today.
Hi bakker
I swear they look good on my screens lol ..
yea, well anyway cable had been easy to trade for the past few weeks because of this ultra wide daily range. So the top/bottom are identifiable.
Here's the follow up of that bullish divergence I mentioned earlier kicking in with a new high. Let's see if we can close above 5013. No shorts atm.

Earlier chart:
1. http://www.forexfactory.com/showpost...stcount=209275
Attached Image (click to enlarge)
Click to Enlarge Name: gum5.JPG Size: 51 KB
Thank You
  • #209,266
  • Mar 23, 2010 8:10am Mar 23, 2010 8:10am
Quoting Baby-Trader
Hi Wormie,
Do you have a long term view ?
Hi BT, until we break the range, no I don't plan on long term trades, just the odd 100 - 150 pips move will do.
However, my long term bias remains bullish unless the d1 can close below 4930 level.
Thank You
  • #209,267
  • Mar 23, 2010 8:11am Mar 23, 2010 8:11am
Quoting wormboy
it's not difficult. bullish divergence. If price creates HH instead of LH from here on, it's going up (5013 line in the sand). H4 ltl confluence as well. So keep an eye on it. Good luck.
Good Morning Worm Buddy,
' Whole-Heartedly agree w/you...

We've made it up to 38.2;
-But GU usually always get's her 50%.

Also the 200 ema's sitting just above the 50%,
For a NICE minimal TARGET some i'm banking
on @least the 40's and hopefully the 1/4's (50's).

Thanks for the... "L I N E in the S A N D" reference,

Jeff
I will work to Objectively Identify my Edges
  • #209,268
  • Mar 23, 2010 8:12am Mar 23, 2010 8:12am
Quoting Baby-Trader
Hi Wormie,
Do you have a long term view ?

salamm where the hec u been bro welcome back
  • #209,269
  • Mar 23, 2010 8:13am Mar 23, 2010 8:13am
Quoting wormboy
Hi BT, until we break the range, no I don't plan on long term trades, just the odd 100 - 150 pips move will do.
However, my long term bias remains bullish unless the d1 can close below 4930 level.
Thanks mate for your sharing.
Regards.
  • #209,270
  • Mar 23, 2010 8:13am Mar 23, 2010 8:13am
Quoting kill56
man the b''''''''',,,,,,,,,h sisters in low

1.5020 kill ?
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #209,271
  • Mar 23, 2010 8:16am Mar 23, 2010 8:16am
Quoting manize
1.5020 kill ?

hey bro

abreak above 15020 and h1 open will take us to 15110
  • #209,272
  • Mar 23, 2010 8:18am Mar 23, 2010 8:18am
Quoting TerpFan2
Good Morning Worm Buddy,
' Whole-Heartedly agree w/you...

We've made it up to 38.2;
-But GU usually always get's her 50%.

Also the 200 ema's sitting just above the 50%,
For a NICE minimal TARGET some i'm banking
on @least the 40's and hopefully the 1/4's (50's).

Thanks for the... "L I N E in the S A N D" reference,

Jeff
Hi Jeff, how are you

Yes I agree, cable always gets it's 50%. And coincidentally our 50% today is also the dp (5043). So it's a very good target temporarily.
Let's see what gives today. Nice morning star on the H1 too
Good luck to you my friend
Thank You
  • #209,273
  • Mar 23, 2010 8:20am Mar 23, 2010 8:20am
I think US market just pump the price up for them to have a better sell entry point.
  • #209,274
  • Mar 23, 2010 8:21am Mar 23, 2010 8:21am
Quoting kill56
hey bro

abreak above 15020 and h1 open will take us to 15110
Thank you bro my limit is 1.5031/49 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #209,275
  • Mar 23, 2010 8:21am Mar 23, 2010 8:21am
Quoting kill56
salamm where the hec u been bro welcome back
wsalam bro.
I've never been away! lol
Have a good one


Quoting Baby-Trader
Thanks mate for your sharing.
Regards.
You're welcome BT. Good luck trading
Thank You
  • #209,276
  • Mar 23, 2010 8:21am Mar 23, 2010 8:21am
Back to status quo...
Don't be emo... don't be emo....
  • #209,277
  • Mar 23, 2010 8:24am Mar 23, 2010 8:24am
Quoting Baby-Trader
Thanks mate for your sharing.
Regards.
BBBBBBBBBBB TTTTTTTTTTTT whatz up keefak ya bro ween metkhaby
  • #209,278
  • Mar 23, 2010 8:29am Mar 23, 2010 8:29am
Retrace is losing steam, would have been nice to reach the DP
  • #209,279
  • Mar 23, 2010 8:30am Mar 23, 2010 8:30am
NYSE just open
  • #209,280
  • Mar 23, 2010 8:34am Mar 23, 2010 8:34am
Quoting cloggie
Retrace is losing steam
Looks need to break 1.5033 only we may shooting up. See will the Existing Home Sales can push it up or not later...
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