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Cable Update (GBPUSD)

  • #213,281
  • Apr 6, 2010 5:17am Apr 6, 2010 5:17am
nice to come home after training to 70, 50 and 20 pips GREEN!

I reckon we goin down further but will quickly check my charts and come back to ya...
@pawpaw1000 on Twitter
  • #213,282
  • Apr 6, 2010 5:18am Apr 6, 2010 5:18am
Quoting pawpaw1000
nice to come home after training to 70, 50 and 20 pips GREEN!

I reckon we goin down further but will quickly check my charts and come back to ya...

We will tremble with anticipation, have you figured out how to post one yet?
  • #213,283
  • Apr 6, 2010 5:19am Apr 6, 2010 5:19am
Quoting kill56
wise man its holding
Wrong tense.. was holding Crazy cable time! Come on fibre, what are you waiting for?
  • #213,284
  • Apr 6, 2010 5:21am Apr 6, 2010 5:21am
Quoting bbakker
Wrong tense.. was holding Crazy cable time! Come on fibre, what are you waiting for?

Shouldn't that be "held"? Bloody foreigners on this thread...... thought you had work to do...
  • #213,285
  • Apr 6, 2010 5:21am Apr 6, 2010 5:21am
Quoting bbakker
Is there a piece left of this geezer? You've torn him and mashed him into a pulp.

The evidence is ALL there. Everytime you write, you leave an audit trail behind. It is amazing how much sheeeeet you leave imprinted on t'Internet without really thinking about it and some people obviously don't think!

Newbies. Let this serve you as a lesson! Do not blindly follow people and their calls. Do your own research and homework! If you are not prepared to do the work, you might as well stop right now!
I should have believed in my own short call last night or I'll be nicely in the money ... hope you made a tidy sum on this south bound train haha
  • #213,286
  • Apr 6, 2010 5:22am Apr 6, 2010 5:22am
Quoting cloggie
Shouldn't that be "held"? Bloody foreigners on this thread......
  • #213,287
  • Apr 6, 2010 5:27am Apr 6, 2010 5:27am
Quoting Bitstream
I should have believed in my own short call last night or I'll be nicely in the money ... hope you made a tidy sum on this south bound train haha
Didn't catch the 1st ride after midnight as my sell order was too high, but I did catch the early train in the morning. My first stop for cash is @~15110. I will let the other 2 run for a while leaving the SL at BE.
  • #213,288
  • Apr 6, 2010 5:28am Apr 6, 2010 5:28am
Quoting bbakker
Are you sure you are awake and not dreaming still

I see that you have finally got round to doing your lovely picture now that your head is ship shape and shine

I admire your self-belief and trusting your own instinct, which are good qualities to have. GL with your trading!
LOL, fresh start today with a fresh head.

It's how I roll....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #213,289
  • Apr 6, 2010 5:28am Apr 6, 2010 5:28am
Quoting cloggie
We will tremble with anticipation, have you figured out how to post one yet?
nah, me and old regatian still struggling with fxcm...

on 4h the next s/r is 5100 (ass clogs) and the 150 ma will be around the same area, so looking like a very good point for a retrace/ rest before continuation.

I'd advise the bulls to get on for the rest of the ride there!!!

Ive also got fibo of up move at 1.5108 so if this is just a retracement, which I highly doubt, we should turn there.

good enough cloggs? no chart but sure you can imagine it in your creative mind??..
@pawpaw1000 on Twitter
  • #213,290
  • Apr 6, 2010 5:30am Apr 6, 2010 5:30am
Quoting wormboy
I am flat too, but I didn't miss the train. I was ran over by the train


thirsty???
I will be the number one Manager.
  • #213,291
  • Apr 6, 2010 5:31am Apr 6, 2010 5:31am
Quoting bbakker
Wrong tense.. was holding Crazy cable time! Come on fibre, what are you waiting for?
hey bro

we need to break the darn line h1 open below will be sooooo sweet
Attached Image (click to enlarge)
Click to Enlarge Name: h1 cable.gif Size: 21 KB
  • #213,292
  • Apr 6, 2010 5:32am Apr 6, 2010 5:32am
Quoting kill56
hey bro

we need to break the darn line h1 open below will be sooooo sweet
what pivot level is that???

EDIT: Action Forex:

GBP/USD's break of 1.5181 minor support suggests that rise from 1.4798 is completed at 1.5318 already. Also, the three wave consolidation from 1.4783 might have finished too. Intraday bias is flipped back to the downside for a retest on 1.4783 low first. Break will confirm that whole decline from 1.6456 has resumed and should target 200% projection of 1.6875 to 1.5829 from 1.6456 at 1.4364. On the upside, above 1.5381 will delay the bearish case again and bring another rise. But after all, we'd expect upside to be limited by 38.2% retracement of 1.6456 to 1.4783 at 1.5422 to conclude the consolidation and bring down trend resumption
@pawpaw1000 on Twitter
  • #213,293
  • Apr 6, 2010 5:32am Apr 6, 2010 5:32am
Quoting wormboy
hi q

if we fail to close below 5170 i'll be looking to do the same thing as you bro. but if we don't, i'll be looking to short
staying out for now ..
Stepped away for dinner...

I hear ya mate..... looks like we're buying at 1.5120 ....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #213,294
  • Apr 6, 2010 5:33am Apr 6, 2010 5:33am
Quoting cloggie
I entered short again at 5175, 518 is history.
Out at 513
  • #213,295
  • Apr 6, 2010 5:37am Apr 6, 2010 5:37am
Quoting cloggie
Out at 513
I'm watching 5150 carefully, if it moves above that I could consider closing a couple of positions...

But I'm reall thinking we will see 1.5000 by 2moro, maybe this evening with NY?

TBill Sometime this week no? I reckon it'll help dollar. No one answered last time when I asked whether it affects the dollar directly as foreigners are buying dollars or am I missing something?
@pawpaw1000 on Twitter
  • #213,296
  • Apr 6, 2010 5:40am Apr 6, 2010 5:40am
Quoting pawpaw1000
I'm watching 5150 carefully, if it moves above that I could consider closing a couple of positions...

But I'm reall thinking we will see 1.5000 by 2moro, maybe this evening with NY?

TBill Sometime this week no? I reckon it'll help dollar. No one answered last time when I asked whether it affects the dollar directly as foreigners are buying dollars or am I missing something?
It doesn't affect the price of dollar directly as a correlation, it shows confidence or lack thereof in the dollar. If auctions are undersubscribed and the spread increases it shows a lack of confidence, look what happened to the euro when the spreads in bonds increased in euroland.
  • #213,297
  • Apr 6, 2010 5:41am Apr 6, 2010 5:41am
Quoting pawpaw1000
what pivot level is that???

EDIT: Action Forex:

GBP/USD's break of 1.5181 minor support suggests that rise from 1.4798 is completed at 1.5318 already. Also, the three wave consolidation from 1.4783 might have finished too. Intraday bias is flipped back to the downside for a retest on 1.4783 low first. Break will confirm that whole decline from 1.6456 has resumed and should target 200% projection of 1.6875 to 1.5829 from 1.6456 at 1.4364. On the upside, above 1.5381 will delay the bearish case again and bring another rise. But after all, we'd...

its my voodoo boodoo zulu pivot level

and its working great bro
  • #213,298
  • Apr 6, 2010 5:41am Apr 6, 2010 5:41am
shorting cable @ 1.5230

next t.p = 1.5030

good luck to all

THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #213,299
  • Apr 6, 2010 5:41am Apr 6, 2010 5:41am
Quoting cloggie
It doesn't affect the price of dollar directly as a correlation, it shows confidence or lack thereof in the dollar. If auctions are undersubscribed and the spread increases it shows a lack of confidence, look what happened to the euro when the spreads in bonds increased in euroland.

AHA! ok, well I closed 40% of my position with s/l more than break even at 90. If 80 holds, I'll sell again for at least 15130...
@pawpaw1000 on Twitter
  • #213,300
  • Apr 6, 2010 5:42am Apr 6, 2010 5:42am
wise man

ching bing mening yes
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