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Cable Update (GBPUSD)

  • #224,981
  • May 7, 2010 3:18am May 7, 2010 3:18am
Quoting wormboy
Hello guys,

I've stopped selling rallies & will be looking to buy as the complex H&S formation pattern which was posted yesterday is complete. Scenario will be negated if price can close below 4500 level cleanly.

Yesterday's post:
1. http://www.forexfactory.com/showpost...stcount=224087

Chart below is the update.

Good luck to everyone

and to add: thereīs a huge Gartley ( Butterfly ) on the weekly chart....just canīt post chart atm...sorry...because my laptop doesnīt work proper...
  • #224,982
  • May 7, 2010 3:18am May 7, 2010 3:18am
Quoting wormboy
I don't understand this thread sometimes, when the market is super active & buzzing, people here chatter about nonsense & fight & argue.
When it's practically dead like right now, no one is around to chatter, fight or argue!

Come on lads, where's the entertainment
They all learn a lesson eventually.

It's the market that speaks the loudest

AND it's the market that shut's them up too
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #224,983
  • May 7, 2010 3:18am May 7, 2010 3:18am
Quoting wormboy
I don't understand this thread sometimes, when the market is super active & buzzing, people here chatter about nonsense & fight & argue.
When it's practically dead like right now, no one is around to chatter, fight or argue!

Come on lads, where's the entertainment
wormie .. shut the bleep up ...


lol
Blogging daily now at www.volume.zone
  • #224,984
  • May 7, 2010 3:19am May 7, 2010 3:19am
Quoting cloggie
At least I got an excuse, been trading for 27 hours non stop.
the last time i remember it was at 14837 was the last order then slept
  • #224,985
  • May 7, 2010 3:21am May 7, 2010 3:21am
i lost bloody 9k yesterday on that bloody dow/ftse dive gonna take a break for a few weeks, that was hard to take. technical fault by them but will we get paid back ?? i doubt it. have to take it on the chin
  • #224,986
  • May 7, 2010 3:21am May 7, 2010 3:21am
Quoting kill56
the last time i remember it was at 14837 was the last order then slept

You missed all the fun then, Malcolm and I raked it in last night
  • #224,987
  • May 7, 2010 3:22am May 7, 2010 3:22am
wow the clowns are back
  • #224,988
  • May 7, 2010 3:22am May 7, 2010 3:22am
ftse trying to fill that massive gap

currently still -57

till this is filled I think that the bear flag continues to form

upper target for now 1.4770 to 1.4790

BUT I am ready to sell if price convincingly breaks 1.4700

Attached Image (click to enlarge)
Click to Enlarge Name: chart2188.png Size: 205 KB
Blogging daily now at www.volume.zone
  • #224,989
  • May 7, 2010 3:23am May 7, 2010 3:23am
Quoting cloggie
You missed all the fun then, Malcolm and I raked it in last night
the best part is i did leave that one and it was sooo darn sweet close at 14709
  • #224,990
  • May 7, 2010 3:25am May 7, 2010 3:25am
closed long and opening sell order 25 pip stop
Blogging daily now at www.volume.zone
  • #224,991
  • May 7, 2010 3:26am May 7, 2010 3:26am
Quoting kill56
the best part is i did leave that one and it was sooo darn sweet close at 14709

Oh, that's the best way to wake up in the morning. That and a fresh cup of coffee with a continental breakfast.
  • #224,992
  • May 7, 2010 3:26am May 7, 2010 3:26am
Quoting malcolmb14
closed long and opening sell order 25 pip stop
where did all the buyers just go ?

that is a no demand bar

Attached Image (click to enlarge)
Click to Enlarge Name: chart2189.png Size: 204 KB
Blogging daily now at www.volume.zone
  • #224,993
  • May 7, 2010 3:26am May 7, 2010 3:26am
Quoting malcolmb14
closed long and opening sell order 25 pip stop

I still got my london open trade, figure it will materialise here.

Ha, we filled 15,000 pages with absolute drivel....
  • #224,994
  • May 7, 2010 3:31am May 7, 2010 3:31am
Quoting cloggie
Oh, that's the best way to wake up in the morning. That and a fresh cup of coffee with a continental breakfast.
it is a royal breakfast with honey and moca coffee
  • #224,995
  • May 7, 2010 3:33am May 7, 2010 3:33am
Quoting malcolmb14
where did all the buyers just go ?

that is a no demand bar

Attachment
Quoting Bull_Bear
Lets take shorts off the table now.... sclaping a long

buy 1.4705.. SL 1.4645.. TP 1.4780
Too right Malc
Attached Image (click to enlarge)
Click to Enlarge Name: Cable.JPG Size: 121 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #224,996
  • May 7, 2010 3:33am May 7, 2010 3:33am
for those who are not familiar with fxcm proxy setup.
Here are the links.

1. http://www.forexfactory.com/showpost...postcount=6606
2. http://www.forexfactory.com/showpost...postcount=6607
3. http://www.forexfactory.com/showpost...postcount=6608


Hope this helps.
Thank You
  • #224,997
  • May 7, 2010 3:38am May 7, 2010 3:38am
Quoting cloggie
I still got my london open trade, figure it will materialise here.

....

Well, that long is Fooocked
  • #224,998
  • May 7, 2010 3:39am May 7, 2010 3:39am
Quoting wormboy
for those who are not familiar with fxcm proxy setup.
Here are the links.

1. http://www.forexfactory.com/showpost...postcount=6606
2. http://www.forexfactory.com/showpost...postcount=6607
3. http://www.forexfactory.com/showpost...postcount=6608


Hope this helps.
think this helps a lot,
Wormy, you are great
  • #224,999
  • May 7, 2010 3:40am May 7, 2010 3:40am
hEY BB , Wormie howz trading mate
  • #225,000
  • May 7, 2010 3:40am May 7, 2010 3:40am
Quoting cloggie
At least I got an excuse, been trading for 27 hours non stop.
27 hours? lol you're a nutter

Quoting Bull_Bear
They all learn a lesson eventually.

It's the market that speaks the loudest

AND it's the market that shut's them up too
the market shut me up yesterday too bro. I was literally gawking when the dow dropped to 10% in minutes

Quoting malcolmb14
wormie .. shut the bleep up ...


lol
okay mal, I will shut the mother bleep up now hehe
Thank You
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