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Cable Update (GBPUSD)

  • #215,301
  • Apr 9, 2010 8:41am Apr 9, 2010 8:41am
Quoting pawpaw1000
looks like we starting to think the same cloggs... what were you waiting for? break of previous swing and 50 level?
Wanted the close above R1
  • #215,302
  • Apr 9, 2010 8:41am Apr 9, 2010 8:41am
Quoting kill56
ride her
Did you catch her? I gave you guys the road map in earlier posts....

Love it when a plan comes together.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #215,303
  • Apr 9, 2010 8:42am Apr 9, 2010 8:42am
Quoting Ctic
Good luck....

My view

http://www.forexfactory.com/showpost...&postcount=203
well, Like i said, was evaluating and so closed my shorts and went long... Targeting 85 for now but maybe more... will see
@pawpaw1000 on Twitter
  • #215,304
  • Apr 9, 2010 8:42am Apr 9, 2010 8:42am
Forex Market
Inserted Video
  • #215,305
  • Apr 9, 2010 8:43am Apr 9, 2010 8:43am
Hey Q,

How's your week going?

C.
  • #215,306
  • Apr 9, 2010 8:43am Apr 9, 2010 8:43am
Quoting Ctic
Good luck....

My view

http://www.forexfactory.com/showpost...&postcount=203

we might be wrong long live the voodoo boodoo
  • #215,307
  • Apr 9, 2010 8:43am Apr 9, 2010 8:43am
Quoting cloggie
Wanted the close above R1
WOW, there is alot of selling pressure at 75!!!
@pawpaw1000 on Twitter
  • #215,308
  • Apr 9, 2010 8:44am Apr 9, 2010 8:44am
Quoting Ctic
1,000 woo hoo......
LOL... whats with the 1000 C?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #215,309
  • Apr 9, 2010 8:44am Apr 9, 2010 8:44am
Quoting BadTradingFi
Yes, I've just jumped in for a quick trip up for 20-30 pips I think, if the thing gets past the first 5-10 it should get up a bit further, seems to have a sticky wheel around the 5350 mark...
Will spike from here for the rest trading day !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #215,310
  • Apr 9, 2010 8:45am Apr 9, 2010 8:45am
Quoting malcolmb14
look at 30 min

why do traders just sell when 30 is clearly up and up ... no reversal candle nothing

of course price will stall at major resistance but this is not a reason to sell just because

make sure stop is tight as this is going to 1.5425 to 1.5450
Mal,

with all due respect, It seems that this was an easy 50 pip counter trade.
Reason was UT 30 mins and 15 mins into resistance, stalled prices into resistance with extra 5mins UT and a bar reversal (actually the UT of 30 mins). Also MT4(IBFX) is giving a daily ATR14 of 131 pips and if take it from midnight GTM and include Asia (as is the case with MT4 calculations) then
esignal has low value of 1.5259 and high value 1.5391 which fully covers ATR..So this was a valid counter trend with tight stop and smaller TP.
After price can continue with longer term market forces...
  • #215,311
  • Apr 9, 2010 8:45am Apr 9, 2010 8:45am
Quoting Bull_Bear
LOL... whats with the 1000 C?
I edited the first post to clear up confusion... But that was officially my 1,000th post at ff.
  • #215,312
  • Apr 9, 2010 8:45am Apr 9, 2010 8:45am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
So it's a make for EG..shot up right from it's trendline...



ta
ams


Quoting ams
EG at very critical point...might see downside then sudden up move..cable opposite ofcourse in both cases.

Make or break for EG and cable..
  • #215,313
  • Apr 9, 2010 8:46am Apr 9, 2010 8:46am
Quoting Bull_Bear
Did you catch her? I gave you guys the road map in earlier posts....

Love it when a plan comes together.
man i do enjoy to ride her keep it up bro
  • #215,314
  • Apr 9, 2010 8:47am Apr 9, 2010 8:47am
Quoting Ctic
Hey Q,

How's your week going?

C.
Enough for BEER MONEY TM.

I saw your 1000 post, have no idea what ur on abt mate.

How travelling C?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #215,315
  • Apr 9, 2010 8:49am Apr 9, 2010 8:49am
Quoting BadTradingFi
How bizzare, I've just discovered I can have a short and a long on something at the same time if they are orders to open!

Did two small transactions to test the theory, and it worked. Can't see that much use for it, other than to maybe cover a bad trade somehow?!?!
It's called a hedge I use it regularly stopping out your position temporarly.
I know its the same as reversing position but hedging has mental advantages....
Don't be a hero. Don't have an ego. Always question yourself
  • #215,316
  • Apr 9, 2010 8:49am Apr 9, 2010 8:49am
dixy is foooooooooooooooooooooooooooooed up new lows
  • #215,317
  • Apr 9, 2010 8:51am Apr 9, 2010 8:51am
Quoting Ctic
I edited the first post to clear up confusion... But that was officially my 1,000th post at ff.
you need to start talking!!! me and BB did the same as you in a month!!! hehe, shows how much crap we talk!
@pawpaw1000 on Twitter
  • #215,318
  • Apr 9, 2010 8:51am Apr 9, 2010 8:51am
Another bullish wedge forming at the W R1 and D R2.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 20100409a.gif Size: 21 KB
The market is always right.
  • #215,319
  • Apr 9, 2010 8:52am Apr 9, 2010 8:52am
been waiting for 1.5405 to short the hell outta this mother.
we getting there by and by
SCARED MONEY NEVER DOES GOOD IN FOREX
  • #215,320
  • Apr 9, 2010 8:54am Apr 9, 2010 8:54am
perhaps a bounce here?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 30 KB
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