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Cable Update (GBPUSD)

  • #221,701
  • Apr 27, 2010 5:17am Apr 27, 2010 5:17am
Quoting tech niche
so what are we actually doin ... buyin or sellin ... or just watchin the trend
lol!! I don't know lol!!

I'm long from 5348. Probably a bit too early, and rather risky, but hey ho, I've kept a wide spread Others are still short.
  • #221,702
  • Apr 27, 2010 5:19am Apr 27, 2010 5:19am
  •  melba
  • | Joined Nov 2009 | Status: ...just surfing the wave... | 97 Posts
Quoting tech niche
so what are we actually doin ... buyin or sellin ... or just watchin the trend
..
...no advice , but in my case , waiting to see if holds and rebuilds from here to go long......if it breaks down , under 25 lets say , i'll wait for the daily close when someone more agressive might still go short despite already decent 120+ fall......
  • #221,703
  • Apr 27, 2010 5:22am Apr 27, 2010 5:22am
have a look at 24 on m1
Attached Image (click to enlarge)
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  • #221,704
  • Apr 27, 2010 5:23am Apr 27, 2010 5:23am
looks like everyone's jumping on the bandwagon going long at 35 to 40 but I think its to early. Everything seems to show downside a little more to atleast 5325 then going to watch volumes to find best entry for a good retrace
  • #221,705
  • Apr 27, 2010 5:25am Apr 27, 2010 5:25am
Quoting TerpFan2
Word...
Brother Worm,
I'm just "StokED" on the trade plan working-!
Jeff, Great to hear you're nailing em bro
Think there's a good chance of 5420 retest today if 5300 level holds.
Right, time for my jog. Good luck
Thank You
  • #221,706
  • Apr 27, 2010 5:26am Apr 27, 2010 5:26am
Pipsticher can you please refer me to this volume analyze template system or share in forum thank you + explaination ...


thanks in advice.
  • #221,707
  • Apr 27, 2010 5:27am Apr 27, 2010 5:27am
U.S. stock futures drift ahead of Goldman testimony


not helping cable.
  • #221,708
  • Apr 27, 2010 5:30am Apr 27, 2010 5:30am
Yep',

It's good for an initial, "quick" buy-back Jerk,
from the Low, but that's done happened.
-Leave it to the Robot's/Those who know where they're,
driving it.

Personally,
i'd say LONDON, will wait & see if NY Drive's her
-@least to the low, -or a tad Lower even?

Who know's...?
Best of Wait'ing...

Jeff P.S. I see she's crossing the 1/4's here... (Lower)!
I will work to Objectively Identify my Edges
  • #221,709
  • Apr 27, 2010 5:30am Apr 27, 2010 5:30am
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  • #221,710
  • Apr 27, 2010 5:31am Apr 27, 2010 5:31am
Nowts happening folks. Its probably the market makers accumulating in the background. Short candles, low volume, some sneaky buying probably going on.

I'd expect some spikes down (never underestimate their greed) before a move up. As if they haven't got a cheap enough price..tossers.

Careful with the shorts now. A spike down could indicate another bear fest, but the reality is that everyone who has smelly fingers will stop buying, admit defeat and start selling to get their money back - and then guess what happens- the start of a bull move. This is what causes the majority of people to fail at trading.

I'm not saying that the market will now move up, just that this business is kindly set-up to take your money. The professionals know where everyones orders are. Think about it. Its like playing poker with someone who can see your hand.

Don't fight the institutions, they have more money than us. The best we can all hope for is to hitch a ride.

Apologies, rant over (I see price is falling further after all that)
Good luck to all, I'm off for a run.

Dazzer
  • #221,711
  • Apr 27, 2010 5:32am Apr 27, 2010 5:32am
line on the sand ema200 on h4 i might be wrong
Attached Image (click to enlarge)
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  • #221,712
  • Edited 5:34am Apr 27, 2010 5:33am | Edited 5:34am
Quoting skiffx
Attachment
I know I should be, but just locked in my short profits...now I'll stay aside, EU and GU had fall a lot, I'll re-enter ina a pullback.

BTW, remember the upper trendline's been broken adn we still have US news to come. With good US news we can go down still a lot. I'll draw som charts to look for possible targets.
G/L to all!!!
  • #221,713
  • Apr 27, 2010 5:33am Apr 27, 2010 5:33am
Quoting TerpFan2
Yep',

It's good for an initial, "quick" buy-back Jerk,
from the Low, but that's done happened.
-Leave it to the Robot's/Those who know where they're,
driving it.

Personally,
i'd say LONDON, will wait & see if NY Drive's her
-@least to the low, -or a tad Lower even?

Who know's...?
Best of Wait'ing...

Jeff P.S. I see she's crossing the 1/4's here... (Lower)!
greeny all the way
  • #221,714
  • Apr 27, 2010 5:35am Apr 27, 2010 5:35am
Quoting Dazzer
Nowts happening folks. Its probably the market makers accumulating in the background. Short candles, low volume, some sneaky buying probably going on.

I'd expect some spikes down (never underestimate their greed) before a move up. As if they haven't got a cheap enough price..tossers.

Careful with the shorts now. A spike down could indicate another bear fest, but the reality is that everyone who has smelly fingers will stop buying, admit defeat and start selling to get their money back - and then guess what happens- the start of a bull move....
good advice
  • #221,715
  • Apr 27, 2010 5:38am Apr 27, 2010 5:38am
Quoting Dazzer
Nowts happening folks. Its probably the market makers accumulating in the background. Short candles, low volume, some sneaky buying probably going on.

I'd expect some spikes down (never underestimate their greed) before a move up. As if they haven't got a cheap enough price..tossers.

Careful with the shorts now. A spike down could indicate another bear fest, but the reality is that everyone who has smelly fingers will stop buying, admit defeat and start selling to get their money back - and then guess what happens- the start of a bull move....
So true, I feel the guys who drive this things on the other side laughin at me. I hope now my longs will be filled, I'm tired to see cable falling...
  • #221,716
  • Apr 27, 2010 5:39am Apr 27, 2010 5:39am
we've already dropped 120 pips or more, past ADR low and we are at a resistance so my opinion is we going back to 5409 and close round bout there today...
@pawpaw1000 on Twitter
  • #221,717
  • Apr 27, 2010 5:40am Apr 27, 2010 5:40am
Quoting kill56
good advice
If this goes up by just 70 pips to 1.54 I am swimming in pips.

Come on BullBear where are you when I need you
  • #221,718
  • Apr 27, 2010 5:41am Apr 27, 2010 5:41am
Quoting Dazzer
Apologies, rant over (I see price is falling further after all that)
Good luck to all, I'm off for a run.

Dazzer
What's all this... "I'm off for a Run" or...
"I'm off for a Jog" stuff? -!!! !

-Are you & Worm meeting somewhere on the Path?
It surely is Paint Drying Time!
I'm off for the "Top Bunk" -!!!
Best of "Roller Painting" and Trim Brushe's,
While the Goldman Pre-Hype News Debacle Unfolds...

(Wanna Bet they come out Un-Scathed?) !

Jeff !
I will work to Objectively Identify my Edges
  • #221,719
  • Apr 27, 2010 5:43am Apr 27, 2010 5:43am
Quoting pawpaw1000
we've already dropped 120 pips or more, past ADR low and we are at a resistance so my opinion is we going back to 5409 and close round bout there today...
We're on the same wavelength there bro! Still waiting for confirmation before I go long though.... it is taking its time!
  • #221,720
  • Apr 27, 2010 5:43am Apr 27, 2010 5:43am
As far as I can see, any pull can be regarded as profit taking and better opportunity to short. Don't even see it testing 1.54 today..
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