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Cable Update (GBPUSD)

  • #226,501
  • May 14, 2010 2:00am May 14, 2010 2:00am
Quoting hhitch
Hi All,

I'm flat until next week, but I wanted to go over in my own mind what happened yesterday and I figured I would share with the group as long as it's ok with y'all.

I posted two days ago that there was a valid close beneath the 4hr and 1hr trendline, to me indicating that there would be further downwards movement... this is not an i-told-ya-so, I'm just reviewing. here is the post

http://www.forexfactory.com/showthre...32#post3719132

during the early asian session yesterday, people were saying that if price didn't...
Great info on there.

I see an additional line from last month (yellow on attached chart) which seems to have held it's ground today (failed lastweek on the election news blip) and it's been tested several times in the past 24 hours, several times today in fact!
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.gif Size: 37 KB
Back to basics, it has to be for me!
  • #226,502
  • May 14, 2010 2:34am May 14, 2010 2:34am
lol and she goes
  • #226,503
  • May 14, 2010 2:44am May 14, 2010 2:44am
This is just some "Blabber" of my Entry...

I don't always post the chart,
Almost like AllSerene, i enjoy the "Banter",
of it all w/you guys...

This is just a "HillBilly" Pic of what Magix's been
trying to drill into on the Forum. -It could be
compared to smeared "dung" in crayola, compared to
his guidance.
-And no 'don't i use all those Alligator's really!

London,
Has thrown her back to the Curb, trailed my T.P. 'tad too tight,
but i was happy to garner a decent win this week.
Have a Great one Gang,

Jeff !
Attached Image (click to enlarge)
Click to Enlarge Name: 14_May_2010 London Throws Her bk to the Curb.jpg Size: 179 KB
I will work to Objectively Identify my Edges
  • #226,504
  • May 14, 2010 2:57am May 14, 2010 2:57am
lol everyone mentally helping their trades win now
  • #226,505
  • May 14, 2010 3:23am May 14, 2010 3:23am
Well I have decided to join this thread after a long time away trading Oil/Gold etc and am now back into GU. This looks an interesting thread with sensible posts and analysis which I hope to contribute to going forward.


Well done guys and keep it up.
  • #226,506
  • May 14, 2010 3:27am May 14, 2010 3:27am
Quoting musicman007
Well I have decided to join this thread after a long time away trading Oil/Gold etc and am now back into GU. This looks an interesting thread with sensible posts and analysis which I hope to contribute to going forward.


Well done guys and keep it up.

Sensible? Interesting? We are mostly a bunch of nutters just waiting for the unititiated to wander in and become cannon fodder.

Don't say I didn't warn you.
  • #226,507
  • May 14, 2010 3:33am May 14, 2010 3:33am
Quoting musicman007
Well I have decided to join this thread after a long time away trading Oil/Gold etc and am now back into GU. This looks an interesting thread with sensible posts and analysis which I hope to contribute to going forward.


Well done guys and keep it up.
between us .. it can get interesting too
Thank You
  • #226,508
  • May 14, 2010 3:33am May 14, 2010 3:33am
Yeah,

What's "Sensible" about people buying w/Stinky Finger's? !
'Made it out Plus a Pip +1, last night Cloggie!!!

-Great to have you in here musicman.

'Finally got on the right side of that Railroad Train,
This am, seeing London didn't push her Above Asia's High.

The Pound is Saving the Euro while she haplessly tread's
water.
Enjoy,

Jeff !
I will work to Objectively Identify my Edges
  • #226,509
  • May 14, 2010 3:35am May 14, 2010 3:35am
Quoting TerpFan2
Yeah,

What's "Sensible" about people buying w/Stinky Finger's? !
'Made it out Plus a Pip +1, last night Cloggie!!!

-Great to have you in here musicman.

'Finally got on the right side of that Railroad Train,
This am, seeing London didn't push her Above Asia's High.

The Pound is Saving the Euro while she haplessly tread's
water.
Enjoy,

Jeff !

You lucky SOB, you still have the trophy though, gotta pass it to the next honorary member of the sticky finger brigade..

Well done though
  • #226,510
  • May 14, 2010 3:35am May 14, 2010 3:35am
Quoting cloggie
Sensible? Interesting? We are mostly a bunch of nutters just waiting for the unititiated to wander in and become cannon fodder.

Don't say I didn't warn you.
a bunch of nutters lol, man thats spot on
  • #226,511
  • May 14, 2010 3:36am May 14, 2010 3:36am
Brother Worm...

Great to See YOU!...
'Like the New Avatar there dude!

Best of Pipping,
I'm About to get out to work,
'Will hope to see you around,

Jeff
I will work to Objectively Identify my Edges
  • #226,512
  • May 14, 2010 3:39am May 14, 2010 3:39am
Quoting TerpFan2
Brother Worm...

Great to See YOU!...
'Like the New Avatar there dude!

Best of Pipping,
I'm About to get out to work,
'Will hope to see you around,

Jeff

hi jeff, good to see you too brother. Hope all is well.
Have fun at work, will speak with you soon
Thank You
  • #226,513
  • May 14, 2010 3:42am May 14, 2010 3:42am
Quoting cloggie
You lucky SOB, you still have the trophy though, gotta pass it to the next honorary member of the sticky finger brigade..

Well done though
Yeah, "Well Done" right...
Some even call it... 'Managing the Trade'... ( Yeah, R i g h t )!

I'll take the Lucky S.O..."you know what-Prize" &-
Pass 'Said', "DunG Trophy" on to the Fesis Dept.
-For the Next "Baton Grabbing Snorkelor" !

Garnered a nice share on the Downswing,
Have a Great One,

Jeff
I will work to Objectively Identify my Edges
  • #226,514
  • May 14, 2010 3:45am May 14, 2010 3:45am
did anyone voodoo boodoo on the 5 min?
  • #226,515
  • May 14, 2010 3:45am May 14, 2010 3:45am
Quoting wormboy
hi jeff, good to see you too brother. Hope all is well.
Have fun at work, will speak with you soon
Thanks Worm,
I'll leave the 'FesiS' battles for you to Oversee...
w/Magix & Kill, etc... Keep 'em all in-line ok!

-It was a riot @the end of Asia, talk of dung on walls, etc, etc..!
Enough,
Have a Great One!!!

Jeff
I will work to Objectively Identify my Edges
  • #226,516
  • May 14, 2010 3:48am May 14, 2010 3:48am
Quoting wormboy
hi jeff, good to see you too brother. Hope all is well.
Have fun at work, will speak with you soon
your ava tar looks really good now
  • #226,517
  • May 14, 2010 4:12am May 14, 2010 4:12am
Should be able to snap 30 pips short out of the current constipation zone, I'm ready to muck out.
"I made all my money by selling too soon"
  • #226,518
  • May 14, 2010 4:13am May 14, 2010 4:13am
Quoting Bleek
Should be able to snap 30 pips short out of the current constipation zone, I'm ready to muck out.

Been mucking since 4610
  • #226,519
  • May 14, 2010 4:15am May 14, 2010 4:15am
Quoting cloggie
Been mucking since 4610
I've already been in and out today http://www.forexfactory.com/showpost...&postcount=132

...but I just love to trade!
"I made all my money by selling too soon"
  • #226,520
  • May 14, 2010 4:17am May 14, 2010 4:17am
Quoting Bleek
I've already been in and out today http://www.forexfactory.com/showpost...&postcount=132

...but I just love to trade!

Ah, another hit and runner, you'll get on great with kill, but then again he is on the pipe so much he gets on with anyone.
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