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Cable Update (GBPUSD)

  • #222,901
  • Apr 30, 2010 3:59am Apr 30, 2010 3:59am
Quoting TheCatsPJs
Hi Dazzer Just got back from a meeting with my solicitors ill download them now thanks in advance your a true gentleman and i really appreciate all the support I am now looking to range trade for a bit till the market decides what it wants to do i see there doesnt seem to be much seller support so long scalps off of dips for 15 - 20 pips a punt. hopefully the bulls will overcome and we will see the 5400+ as would be a really nice way to finish of the week ready for the bank holiday.
  • #222,902
  • Apr 30, 2010 4:00am Apr 30, 2010 4:00am
Quoting Dazzer
Lower volume on those last down bars on the M5 would seem to indicate that the pros are not interested in selling at these levels.

Cats: Did you pick up those extra volume indis I posted?

Good luck all

Dazzer
Thats cool as penguine pi$$ mate cheers
Trade what you see never what you think!
  • #222,903
  • Apr 30, 2010 4:01am Apr 30, 2010 4:01am
Pakistan

http://img30.imageshack.us/img30/7830/pak1.gif

http://img30.imageshack.us/img30/3951/pak2.gif
  • #222,904
  • Apr 30, 2010 4:03am Apr 30, 2010 4:03am
Quoting malcolmb14
well I made 2 pip x 100 trades... so i am up 200 pip and now going to vegas
Alright Mal,

Now when in Vegas play it like I told you to play the Forex. Bet everything on one hand. If you win, let it ride. Keep doing that until the trip is over and you will come home a very rich man. Forex and Gambling is easy.
  • #222,905
  • Apr 30, 2010 4:06am Apr 30, 2010 4:06am
Quoting Ctic
Alright Mal,

Now when in Vegas play it like I told you to play the Forex. Bet everything on one hand. If you win, let it ride. Keep doing that until the trip is over and you will come home a very rich man. Forex and Gambling is easy.
forex is really simple when you have my advanced forex tool ....never wrong always right better than any EA out there


http://www.imagi-nation.com/moonstruck/question.html
Blogging daily now at www.volume.zone
  • #222,906
  • Apr 30, 2010 4:07am Apr 30, 2010 4:07am
Damn, cable is boring today! Don't know about Vegas, but I'm orrf to play a round of golf. GL all!!
  • #222,907
  • Apr 30, 2010 4:09am Apr 30, 2010 4:09am
the "all knowing" crystal ball LOL!!! I asked it if I'd be rich one day and it told me I'm screwed!!!
  • #222,908
  • Apr 30, 2010 4:09am Apr 30, 2010 4:09am
I am short from 5377, will cut losses if I see it rushing to 5420

http://img541.imageshack.us/img541/1913/cablez.gif
  • #222,909
  • Apr 30, 2010 4:09am Apr 30, 2010 4:09am
Which way is it going to break???
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 33 KB
  • #222,910
  • Apr 30, 2010 4:13am Apr 30, 2010 4:13am
if an expanding triangle suggests a reversal probable, does a contracting triangle suggest a continuation more probable than not, ie an upside break?

answers on a postcard to....
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 43 KB
ex member
  • #222,911
  • Apr 30, 2010 4:13am Apr 30, 2010 4:13am
Quoting The Magician
the "all knowing" crystal ball LOL!!! I asked it if I'd be rich one day and it told me I'm screwed!!!
  • #222,912
  • Apr 30, 2010 4:14am Apr 30, 2010 4:14am
Quoting AndyPass
Which way is it going to break???

lol, great minds and all that, or of course both as stupid as each other....my money is on...?
ex member
  • #222,913
  • Apr 30, 2010 4:16am Apr 30, 2010 4:16am
Quoting forexlion
I am short from 5377, will cut losses if I see it rushing to 5420

http://img541.imageshack.us/img541/1913/cablez.gif
on second thought

happy weekend folks, i am out and off the comp now
  • #222,914
  • Apr 30, 2010 4:22am Apr 30, 2010 4:22am
Quoting bbmac
lol, great minds and all that, or of course both as stupid as each other....my money is on...?
LOL!

I'm already long from 1.5333 so I'm happy to let it ride. If it breaks through and closes below the TL I'll close out and reverse.
  • #222,915
  • Apr 30, 2010 4:27am Apr 30, 2010 4:27am
Quoting AndyPass
LOL!

I'm already long from 1.5333 so I'm happy to let it ride. If it breaks through and closes below the TL I'll close out and reverse.

It closed below so I've switched sides with a tightish SL.
  • #222,916
  • Apr 30, 2010 4:40am Apr 30, 2010 4:40am
Quoting AndyPass
It closed below so I've switched sides with a tightish SL.
Doesn't look like it wants to break through 1.535
  • #222,917
  • Apr 30, 2010 4:42am Apr 30, 2010 4:42am
Quoting AndyPass
Doesn't look like it wants to break through 1.535

it is a previous 1hr swing hi=prev resistance=potential RBS zone and 50% of the intraday move up so far...also a 5min swing lo zone...finding it tough so far to break to the downside......some demand there atm.

G/L
ex member
  • #222,918
  • Apr 30, 2010 4:42am Apr 30, 2010 4:42am
ftse just tanked 80 points , pound to follow ?
  • #222,919
  • Apr 30, 2010 4:48am Apr 30, 2010 4:48am
below this potential rbs zone on 1hr there are just fibs of the moves up from 5124 until that prev swing lo x 3 zone around the current intraday lows.

1hr below
Attached Image
ex member
  • #222,920
  • Apr 30, 2010 4:55am Apr 30, 2010 4:55am
Quoting bbmac
it is a previous 1hr swing hi=prev resistance=potential RBS zone and 50% of the intraday move up so far...also a 5min swing lo zone...finding it tough so far to break to the downside......some demand there atm.

G/L
Tks. I've closed all shorts for now due to the failure to break through.

I might re-enter short if it breaks through. Otherwise I'll stay on the sidelines.
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