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Cable Update (GBPUSD)

  • #215,501
  • Apr 9, 2010 3:03pm Apr 9, 2010 3:03pm
Quoting free4440273
session end -- 11K Dow? it has to be
-3 points great weekend folks!!!
  • #215,502
  • Apr 9, 2010 3:08pm Apr 9, 2010 3:08pm
Quoting pawpaw1000
mmm... thought thats how its done...

mmm... ok, I'll leave and do some research on the weekend!

have a good one!
Yes. On Friday's you can try to predict if a gap opens and see which direction you think it will open. On Sunday, you can trade to close that gap. So there are two ways to trade a gap. Opening and closing of a gap! But why open a short position now? Look at this chart over the last two days and now tell me why you think it will go down to 15300.

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  • #215,503
  • Apr 9, 2010 3:12pm Apr 9, 2010 3:12pm
the gang is still here. how come you guys not at the pub?
i got my excuse. 5am

this was the original setup we tried to maintain at the beginning of this week, but was discarded on tuesday because of the range.

chart:
1. http://www.forexfactory.com/showpost...stcount=212752

Now that we've had the breakout, there won't be any change of plans unless major turn is spotted. Currently holding long positions & will look to buy every dip possible.
Personally, this week's performance had been relatively poor, down over 2% overall. Will be looking forward to a better trading week ahead.
Hope everyone enjoy their weekend. I definitely need to. Ta!
Thank You
  • #215,504
  • Apr 9, 2010 3:14pm Apr 9, 2010 3:14pm
Quoting malcolmb14
why would anyone hold sells on weekend when we have had 2nd day in a row closing close to daily highs and ONLY 20 pip of days range high .

Maybe they were kamikaze pilots in their prior lives .. I can imagine them now sitting at their keyboard with their rising sun headbands on.

Each to their own, but holding sells into weekend when gu closed right at hod almost is just looking for trouble.
Malcomb I would definitly agree with you , you use volume, I will use my little price patterns lol, and besides tht my tgt from a few days ago hasent been hit , may be a gap but sure wouldnt bet much on it being down , magix nice calls this week, cheers all and have a great week end
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  • #215,505
  • Apr 9, 2010 3:15pm Apr 9, 2010 3:15pm
Quoting wormboy
the gang is still here. how come you guys not at the pub?
i got my excuse. 5am

this was the original setup we tried to maintain at the beginning of this week, but was discarded on tuesday because of the range.

chart:
1. http://www.forexfactory.com/showpost...stcount=212752

Now that we've had the breakout, there won't be any change of plans unless major turn is spotted. Currently holding long positions & will look to buy every dip possible.
Personally, this week's performance had been relatively poor, down over...
ah wormie you have to throw some seed money back once in a while lol, have a great weekend bro
  • #215,506
  • Apr 9, 2010 3:17pm Apr 9, 2010 3:17pm
Quoting bbakker
Yes. On Friday's you can try to predict if a gap opens and see which direction you think it will open. On Sunday, you can trade to close that gap. So there are two ways to trade a gap. Opening and closing of a gap! But why open a short position now? Look at this chart over the last two days and now tell me why you think it will go down to 15300.
Trying to counter "gaps" at weekly open is dangerous. Yes they always close, but know that they don't necessarily close/retrace back immediately or the same day. Some can take the whole week, sometimes more.
It's not safe practise.
Thank You
  • #215,507
  • Apr 9, 2010 3:19pm Apr 9, 2010 3:19pm
Quoting digger1
ah wormie you have to throw some seed money back once in a while lol, have a great weekend bro
lol yes
btw, great call off that mpp bounce dig
enjoy your weekend too bro!
Thank You
  • #215,508
  • Apr 9, 2010 3:20pm Apr 9, 2010 3:20pm
Quoting malcolmb14
why bother ? to much risk

gu moves 140 pip per day ... not enough for you ?

All you need do is wait to see what cooks thru Asia on Sunday .. then enter positions in Frinkie / London

I am sure in no volume time 3 hour before markest when 10 traders are in the market .. 4 of them will be from this forum , and by 3 hours into asia session 3 of them will be complaining about their brokers stop hunting and bad spreads.

now you throw the towel for euro going back to 1.5 and switching back to cable, told u 100 times no accumulation in euro but distribution
  • #215,509
  • Apr 9, 2010 3:22pm Apr 9, 2010 3:22pm
Quoting wormboy
lol yes
btw, great call off that mpp bounce dig
enjoy your weekend too bro!
lol, one extra shake out move ,but another good chance to load so all is good . Have a great one man
  • #215,510
  • Apr 9, 2010 3:23pm Apr 9, 2010 3:23pm
Quoting kill56
for gap traders read

http://www.gold2gold.com/webboard/in...p?topic=168.45
Excellent link and read bro! Have a wonderful weekend. I'm gonna be surrounded by ankle snappers this Sunday for my daughter's 4th birthday and I have taken Monday and Tuesday off to recover
  • #215,511
  • Apr 9, 2010 3:34pm Apr 9, 2010 3:34pm
Quoting ziko123
now you throw the towel for euro going back to 1.5 and switching back to cable, told u 100 times no accumulation in euro but distribution

told you 100 times accumulation in euro .... weekly charts is still valid. Go take a look at your weekly double doji last 3 weeks monring star formation and looks where this week closed .. yup you got it above the close of those ultrahigh volume weeks i have been going on about in euro thread. Add to this that this weeks down move was on low voluem with candle closing off lows and is a CLASSIC TEST . I am very bullish on euro .

1.5 does not come in 5 minutes. Bet we see 1.3800 before end april , hell if what I see on other charts plays out bet we see 1.3800 by end of next week
Blogging daily now at www.volume.zone
  • #215,512
  • Apr 9, 2010 3:46pm Apr 9, 2010 3:46pm
Quoting malcolmb14
for eur gbp traders check out daily .. interesting reversal pattern setting up
Do you mean the W-Shaped Recovery with a possible target of 1.37?

Actually from your last post, you have already answered that question LOL
  • #215,513
  • Apr 9, 2010 3:55pm Apr 9, 2010 3:55pm
gang have a great weekend it have been a nice green week

thank u all be good i dont wanna see any body here in the week end get a live get a crackforex

long live the voodoo boodoo
  • #215,514
  • Apr 9, 2010 3:56pm Apr 9, 2010 3:56pm
Quoting malcolmb14
told you 100 times accumulation in euro .... weekly charts is still valid. Go take a look at your weekly double doji last 3 weeks monring star formation and looks where this week closed .. yup you got it above the close of those ultrahigh volume weeks i have been going on about in euro thread. Add to this that this weeks down move was on low voluem with candle closing off lows and is a CLASSIC TEST . I am very bullish on euro .

1.5 does not come in 5 minutes. Bet we see 1.3800 before end april , hell if what I see on other charts plays out bet...
Was taking a nap, Just wake up
Have we reach 1.56 Yet?
http://www.forexfactory.com/showthread.php?p=3607311#post3607311
  • #215,515
  • Apr 9, 2010 3:59pm Apr 9, 2010 3:59pm
Quoting bbakker
Excellent link and read bro! Have a wonderful weekend. I'm gonna be surrounded by ankle snappers this Sunday for my daughter's 4th birthday and I have taken Monday and Tuesday off to recover
same too you enjoy the mess happy birthday to her
  • #215,516
  • Apr 9, 2010 4:04pm Apr 9, 2010 4:04pm
Quoting malcolmb14
told you 100 times accumulation in euro .... weekly charts is still valid. Go take a look at your weekly double doji last 3 weeks monring star formation and looks where this week closed .. yup you got it above the close of those ultrahigh volume weeks i have been going on about in euro thread. Add to this that this weeks down move was on low voluem with candle closing off lows and is a CLASSIC TEST . I am very bullish on euro .

1.5 does not come in 5 minutes. Bet we see 1.3800 before end april , hell if what I see on other charts plays out bet...

i think we will see a gap up for all the pairs dixy is down eur close with a new high but lets see sundy is not far away
  • #215,517
  • Apr 9, 2010 4:09pm Apr 9, 2010 4:09pm
Quoting kill56
i think we will see a gap up for all the pairs dixy is down eur close with a new high but lets see sundy is not far away
You just cant give up the crackforex can you lol, walk away from computer for a few minutes kill your charts are not going to move for a bit lol. Have a great weekend dude
  • #215,518
  • Apr 9, 2010 4:35pm Apr 9, 2010 4:35pm
[quote=digger1;3625493]You just cant give up the crackforex can you lol, walk away from computer for a few minutes kill your charts are not going to move for a bit lol. Have a great weekend dude [/quote

u too bro i did kill the darn chart but i still see here crackforex head

enjoy the smoke bro
  • #215,519
  • Apr 9, 2010 4:43pm Apr 9, 2010 4:43pm
Quoting malcolmb14
told you 100 times accumulation in euro .... weekly charts is still valid. Go take a look at your weekly double doji last 3 weeks monring star formation and looks where this week closed .. yup you got it above the close of those ultrahigh volume weeks i have been going on about in euro thread. Add to this that this weeks down move was on low voluem with candle closing off lows and is a CLASSIC TEST . I am very bullish on euro .

1.5 does not come in 5 minutes. Bet we see 1.3800 before end april , hell if what I see on other charts plays out...
What if that red line still in play !!!
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  • #215,520
  • Apr 9, 2010 4:48pm Apr 9, 2010 4:48pm
May be rubbish, may be useful, I've not properly examined it yet, but it does look promising!

http://chart.ly/k9ce5v
Back to basics, it has to be for me!
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