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Cable Update (GBPUSD)

  • #210,401
  • Mar 26, 2010 2:35am Mar 26, 2010 2:35am
Quoting solrac
As cloggie pointed out ,,,, 4841 is a sticky point ,,,,
Moving my SL to B/E now ??? or will it zig zag back up to 4885??
  • #210,402
  • Mar 26, 2010 2:36am Mar 26, 2010 2:36am
Quoting solrac
As cloggie pointed out ,,,, 4841 is a sticky point ,,,,
First stop is always a close one to pick up any remaining passengers wanting to leave. Once we get out of the city and into the countryside, this baby will just pick up steam.
  • #210,403
  • Mar 26, 2010 2:37am Mar 26, 2010 2:37am
And I'm listening to lady in red, michael buble and jack johnson to keep me from pulling the trigger early on my 1st position
@pawpaw1000 on Twitter
  • #210,404
  • Mar 26, 2010 2:37am Mar 26, 2010 2:37am
Quoting solrac
As cloggie pointed out ,,,, 4841 is a sticky point ,,,,

They are both a number to watch for retrace and an opportunity to add to positions. I make up my mind once it gets there looking at the PA
  • #210,405
  • Mar 26, 2010 2:37am Mar 26, 2010 2:37am
Quoting solrac
Moving my SL to B/E now ??? or will it zig zag back up to 4885??
wait for 4800
@pawpaw1000 on Twitter
  • #210,406
  • Mar 26, 2010 2:38am Mar 26, 2010 2:38am
Quoting cloggie
They are both a number to watch for retrace and an opportunity to add to positions. I make up my mind once it gets there looking at the PA
  • #210,407
  • Mar 26, 2010 2:39am Mar 26, 2010 2:39am
Quoting malcolmb14
this could be one valid reason

low volume move of 85 pip back to where London sold it off ..... gives the pros another opportunity to get in at a better price. This could move to 1.4910 but should go no higher

pretty good place for sell IMHO

price can fall in a market with no volume . Like a rocket taking off without fuel ... it cannot rise for any length of time. This is just positioning for next session it seems like.

Attachment

this worked out perfect and one for the newbies to take note of ...

low volume up move in asia to test sell area. I may have hit high of day , with 180 pip ranges I hope so
Blogging daily now at www.volume.zone
  • #210,408
  • Mar 26, 2010 2:39am Mar 26, 2010 2:39am
leave double position or leave until 48000.... ??????
@pawpaw1000 on Twitter
  • #210,409
  • Mar 26, 2010 2:39am Mar 26, 2010 2:39am
Quoting cloggie
They are both a number to watch for retrace and an opportunity to add to positions. I make up my mind once it gets there looking at the PA
Are you also having some branflakes this morning?
  • #210,410
  • Mar 26, 2010 2:40am Mar 26, 2010 2:40am
Quoting pawpaw1000
leave double position or leave until 48000.... ??????
48000 minimum!
  • #210,411
  • Mar 26, 2010 2:41am Mar 26, 2010 2:41am
today's trade
lets see it i get my daily 100+

good luck every one
Attached Image (click to enlarge)
Click to Enlarge Name: todays.gif Size: 27 KB
I SEE YOU !!
  • #210,412
  • Mar 26, 2010 2:43am Mar 26, 2010 2:43am
Quoting bbakker
Are you also having some branflakes this morning?
Not yet, PA on M15 still above my ma
  • #210,413
  • Mar 26, 2010 2:44am Mar 26, 2010 2:44am
CHOOCHOO!

Countryside coming up....
@pawpaw1000 on Twitter
  • #210,414
  • Mar 26, 2010 2:46am Mar 26, 2010 2:46am
Quoting pawpaw1000
CHOOCHOO!

Countryside coming up....
  • #210,415
  • Mar 26, 2010 2:48am Mar 26, 2010 2:48am
Cloggie,

Just curious. Why don't you consider 1.4780 level as well?
  • #210,416
  • Mar 26, 2010 2:48am Mar 26, 2010 2:48am
why do I get soooo nervous! this is still looking good but i get crazy nervous!!!
@pawpaw1000 on Twitter
  • #210,417
  • Mar 26, 2010 2:48am Mar 26, 2010 2:48am
Quoting cloggie
Not yet, PA on M15 still above my ma
I'm already in from a good starting point yesterday! Give me the hood, nod and wink when it hits your MA, cheers matey. 13348 looks like a nice price to me, but I will wait!
  • #210,418
  • Mar 26, 2010 2:49am Mar 26, 2010 2:49am
Quoting pawpaw1000
why do I get soooo nervous! this is still looking good but i get crazy nervous!!!
Haven't you got training to go to
  • #210,419
  • Mar 26, 2010 2:49am Mar 26, 2010 2:49am
Quoting pawpaw1000
why do I get soooo nervous! this is still looking good but i get crazy nervous!!!
We need a close below 22
  • #210,420
  • Mar 26, 2010 2:49am Mar 26, 2010 2:49am
Quoting Wiku
Just curious. Why don't you consider 1.4780 level as well?
shorted double my normal position by accident and so wanna play it safe with the one...

The other I'm letting run brother!!!
@pawpaw1000 on Twitter
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