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Cable Update (GBPUSD)

  • #230,401
  • Jun 8, 2010 4:11am Jun 8, 2010 4:11am
we back! yeeeeee
Attached Image
Thank You
  • #230,402
  • Jun 8, 2010 4:12am Jun 8, 2010 4:12am
Quoting wormboy
we back! yeeeeee
sweeeettttt!!!!
  • #230,403
  • Jun 8, 2010 4:22am Jun 8, 2010 4:22am
My long position from yesterday at 1.4424 was taken out at BE. I have just entered a fresh long at 1.4392, this is why keep the faith, if defence holds i see ya at 1.4600
Attached Image (click to enlarge)
Click to Enlarge Name: cable.JPG Size: 113 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #230,404
  • Jun 8, 2010 4:23am Jun 8, 2010 4:23am
earlier chart posted showing the possible resistance. Turned out it played out beautifully & currently threatening to take out yesterday's low.
Attached chart below is the follow up.

Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gu5.gif Size: 24 KB
Thank You
  • #230,405
  • Jun 8, 2010 4:23am Jun 8, 2010 4:23am
Quoting Bull_Bear
My long position from yesterday at 1.4424 was taken out at BE. I have just entered a fresh long at 1.4392, this is why keep the faith, if defence holds i see ya at 1.4600

bully dont fight di trend brother!!!!
  • #230,406
  • Jun 8, 2010 4:25am Jun 8, 2010 4:25am
Quoting Bull_Bear
My long position from yesterday at 1.4424 was taken out at BE. I have just entered a fresh long at 1.4392, this is why keep the faith, if defence holds i see ya at 1.4600
but if this continue we will see a rally until 1.4207ish
Verily, in every difficulties there is relief
  • #230,407
  • Jun 8, 2010 4:29am Jun 8, 2010 4:29am
Quoting wormboy
earlier chart posted showing the possible resistance. Turned out it played out beautifully & currently threatening to take out yesterday's low.
Attached chart below is the follow up.

Good luck.
Wormie brother, that a pic of your kid mate?

What's doing mate? Me counter trend trading today mate, if she breaks me last line of defence i'll join the shorties, otherwise me a BULL
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #230,408
  • Jun 8, 2010 4:31am Jun 8, 2010 4:31am
Quoting Bull_Bear
Wormie brother, that a pic of your kid mate?

What's doing mate? Me counter trend trading today mate, if she breaks me last line of defence i'll join the shorties, otherwise me a BULL
lol... i was countering trend before... when you guys longing... wasnt i ?
Verily, in every difficulties there is relief
  • #230,409
  • Jun 8, 2010 4:33am Jun 8, 2010 4:33am
Quoting alex1976
bully dont fight di trend brother!!!!
Stops are tight if you know your levels of a trend within a trend

Quoting primzvicious
but if this continue we will see a rally until 1.4207ish
Yup, you could be right but i have place my last trade on the last line of defence.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #230,410
  • Jun 8, 2010 4:35am Jun 8, 2010 4:35am
Quoting Bull_Bear
My long position from yesterday at 1.4424 was taken out at BE. I have just entered a fresh long at 1.4392, this is why keep the faith, if defence holds i see ya at 1.4600
Q

bro, maybe you missed out one ltl. cable just had one helluva breakout & I suspect the momentum will carry price further down.
Check out the chart posted earlier here & the updated below.
That is some break bro. Just a thought. Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.gif Size: 25 KB
Thank You
  • #230,411
  • Jun 8, 2010 4:36am Jun 8, 2010 4:36am
Quoting primzvicious
lol... i was countering trend before... when you guys longing... wasnt i ?
contrarian counter both call
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 31 KB
Verily, in every difficulties there is relief
  • #230,412
  • Jun 8, 2010 4:41am Jun 8, 2010 4:41am
Quoting primzvicious
contrarian counter both call
set sl @BE
Verily, in every difficulties there is relief
  • #230,413
  • Jun 8, 2010 4:41am Jun 8, 2010 4:41am
Quoting Bull_Bear
Wormie brother, that a pic of your kid mate?

What's doing mate? Me counter trend trading today mate, if she breaks me last line of defence i'll join the shorties, otherwise me a BULL
no bro, this is not my son.
Thank You
  • #230,414
  • Jun 8, 2010 4:42am Jun 8, 2010 4:42am
Going down and down..
  • #230,415
  • Jun 8, 2010 4:44am Jun 8, 2010 4:44am
Quoting bigwal
Looks like Cable loves the cam's, lets see how the day plays out.
An ~H3 to ~L4 day so far (156 pip range) and
still well within the average daily range.

Which is next.... L5 or H4? It can happen.


Dr. D.
  • #230,416
  • Jun 8, 2010 4:44am Jun 8, 2010 4:44am
Quoting wormboy
Q

bro, maybe you missed out one ltl. cable just had one helluva breakout & I suspect the momentum will carry price further down.
Check out the chart posted earlier here & the updated below.
That is some break bro. Just a thought. Good luck!
Yup i see what you mean bro....

She's sitting right on the longer term TL (small dotted line) and the Short term TL, S1 and supported by yesterdays low. This area breaks i'll join you on the short side.

http://www.forexfactory.com/showpost...stcount=230415
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #230,417
  • Jun 8, 2010 4:47am Jun 8, 2010 4:47am
Hey Kill looks like you were totally right on the money

hope you didn't miss out on the trades today! greenie baby

Quoting kill56
my 2drakhmas i might be wrong
http://cdn.forexfactory.com/attachme...1&d=1275839389
"The real genius is knowing when to stop." - Marc Faber
  • #230,418
  • Jun 8, 2010 4:49am Jun 8, 2010 4:49am
Quoting wormboy
Q

bro, maybe you missed out one ltl. cable just had one helluva breakout & I suspect the momentum will carry price further down.
Check out the chart posted earlier here & the updated below.
That is some break bro. Just a thought. Good luck!
yea, that was nice
  • #230,419
  • Jun 8, 2010 4:54am Jun 8, 2010 4:54am
Dr D,

Looks like we might range until US open, the London boys have their fun till about 10.30 / 11.00, market tends to die down a bit or retrace. Will US session push it down to L5, 1.4300, nice round number.

I have been following the cam's for a few days, no live trades just watching , testing and making sure my settings are fine. But i must say im really impressed so far, these level's are really good intraday.

Warren
I need to finish something i started
  • #230,420
  • Jun 8, 2010 5:10am Jun 8, 2010 5:10am
Quoting Bull_Bear
Yup i see what you mean bro....

She's sitting right on the longer term TL (small dotted line) and the Short term TL, S1 and supported by yesterdays low. This area breaks i'll join you on the short side.

http://www.forexfactory.com/showpost...stcount=230415
okay bro gotcha
nice bounce off yesterday's low. 430 providing a bit of resistance & could be a minute flag forming. Watch out for the break if it happens bro.

Quoting cannarek
yea, that was nice
Attached Image (click to enlarge)
Click to Enlarge Name: gum5.gif Size: 25 KB
Thank You
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