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Cable Update (GBPUSD)

  • #230,001
  • Jun 4, 2010 12:35pm Jun 4, 2010 12:35pm
Quoting cloggie
testing 9988 again

And holding, is this the low for today? For the Dow?
  • #230,002
  • Jun 4, 2010 12:38pm Jun 4, 2010 12:38pm
Could be taking a breather. Need to see the 2 Oclock candle/

Jim

Quoting cloggie
And holding, is this the low for today?
  • #230,003
  • Jun 4, 2010 12:40pm Jun 4, 2010 12:40pm
A/J is correlated somewhat with it today and it just formed a new low this past hour. G/U been slightly behind it all day.

Quoting Nene
Could be taking a breather. Need to see the 2 Oclock candle/

Jim
  • #230,004
  • Jun 4, 2010 12:40pm Jun 4, 2010 12:40pm
I think cable has given her volatility to EUR/USD
  • #230,005
  • Jun 4, 2010 12:40pm Jun 4, 2010 12:40pm
Quoting cloggie
And holding, is this the low for today? For the Dow?
es with new low and dow on the way
  • #230,006
  • Jun 4, 2010 12:41pm Jun 4, 2010 12:41pm
Quoting kill56
es with new low and dow on the way
What you got for es?
  • #230,007
  • Jun 4, 2010 12:41pm Jun 4, 2010 12:41pm
thanks guys.
Thinking i should close this trade and cut my losses, but trying to be patient and keep with the overall trend.Decisions decisions.Not trying to be a victim of freaky friday.
  • #230,008
  • Jun 4, 2010 12:43pm Jun 4, 2010 12:43pm
Quoting Ineedpips9
just entered short at 4484. Looking for a target of 4455.
hey guys, aside from getting a demo account from somewhere, where would be a good place (maybe site) to track the prices of es and dow that doesn't take up alot of space? I'm trying to watch the correlation between my cable trades and the indexes.Thanks for your time and hope you're having a greenie day.

Try this:

http://www.marketwatch.com/investing/index/djia
I trade what I see on my charts. Do Not listen to the Muppets.
  • #230,009
  • Jun 4, 2010 12:43pm Jun 4, 2010 12:43pm
Quoting Ineedpips9
thanks guys.
Thinking i should close this trade and cut my losses, but trying to be patient and keep with the overall trend.Decisions decisions.Not trying to be a victim of freaky friday.
I told you, you always get a fake first to sucker in the retailers and as a chance for the bottom pickers to get out. Look at my earlier post, why do I bother posting a warning and caveat if nobody reads it????????

You are letting fear rule your trading, jump on the first move you see because you are so scared you are going to miss the run.
  • #230,010
  • Jun 4, 2010 12:45pm Jun 4, 2010 12:45pm
Quoting cloggie
What you got for es?

1073.50 low 1072.00

i dont know but i see the dow tonight on 9800's i might be wrong
  • #230,011
  • Edited 12:46pm Jun 4, 2010 12:45pm | Edited 12:46pm
Quoting Ineedpips9
just entered short at 4484. Looking for a target of 4455.
hey guys, aside from getting a demo account from somewhere, where would be a good place (maybe site) to track the prices of es and dow that doesn't take up alot of space? I'm trying to watch the correlation between my cable trades and the indexes.Thanks for your time and hope you're having a greenie day.
I hope I am wrong but you have sold more or less on the day low. On a daily basis Cable is south bound but it is Friday and late in the day and the hourlies are almost oversold. You should consider the possibility that you may have to leave t he trade open over the weekend.
  • #230,012
  • Jun 4, 2010 12:50pm Jun 4, 2010 12:50pm
Quoting 4xStar
Trade Price, I love your crystal clear charts!
Ditto! thx TP

That bear flag on daily could be brutal.

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  • #230,013
  • Jun 4, 2010 12:57pm Jun 4, 2010 12:57pm
Quoting Ineedpips9
thanks guys.
Thinking i should close this trade and cut my losses, but trying to be patient and keep with the overall trend.Decisions decisions.Not trying to be a victim of freaky friday.
trade what u see cloggie is right
  • #230,014
  • Jun 4, 2010 1:03pm Jun 4, 2010 1:03pm
Quoting w4rrenminded
http://www.forexfactory.com/attachme...1&d=1275536668

h0w b0ut this Sir Malc ?
--- ---

have a nice weekend f0lks ..
spirit 0f pipping
  • #230,015
  • Jun 4, 2010 1:09pm Jun 4, 2010 1:09pm
This looks a bit more promising, keep an eye on 4477 though, need a solid close below. Don't jump on the fakeout.
  • #230,016
  • Jun 4, 2010 1:12pm Jun 4, 2010 1:12pm
Quoting cloggie
This looks a bit more promising, keep an eye on 4477 though, need a solid close below. Don't jump on the fakeout.
new lows on both 1070 .25
  • #230,017
  • Jun 4, 2010 1:12pm Jun 4, 2010 1:12pm
Quoting kill56
new lows on both 1070 .25

And the dow is heading south, 9988 is gone.
  • #230,018
  • Jun 4, 2010 1:13pm Jun 4, 2010 1:13pm
what timeframe you looking at

Quoting cloggie
This looks a bit more promising, keep an eye on 4477 though, need a solid close below. Don't jump on the fakeout.
  • #230,019
  • Jun 4, 2010 1:13pm Jun 4, 2010 1:13pm
Quoting Nene
what timeframe you looking at

M15/30 are my triggers, M5/1 is my entry.
  • #230,020
  • Jun 4, 2010 1:28pm Jun 4, 2010 1:28pm
dowwwwwwwwwww
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