Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#230,481
Jun 8, 2010 7:04am Jun 8, 2010 7:04am

Artie
| Joined Mar 2010 | Status: Trader | 101 Posts

Quoting wormboy

Disliked

gotta be patient too. i must admit all this waiting is getting on my tits

Ignored

The market is always right.

#230,482
Jun 8, 2010 7:04am Jun 8, 2010 7:04am

Nene
| Additional Username | Joined May 2009 | 2,719 Posts

I got to admit, that is a beautiful Evening star there, I understand and agree but I got to go with my gut here. Remember, I am covered with a short below the Support line.

Jim

Quoting mloistianto

Disliked

hell yeahh.. adding another short.. sorry late posting.. still targeting downside.. TP Unknown.. just playing daily target. just lucky adding those number..

Ignored

#230,483
Jun 8, 2010 7:05am Jun 8, 2010 7:05am

kill56
Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts

salam hi alll

i love those ma's and the dam cam's i hope all having fun and did hit the b;;;;;;;;;;;;h from H3

best of luck to all u know what to do

and plz when 2 ppl talking in the room stay out or u will be like a dog barking with his wolf

#230,484
Jun 8, 2010 7:05am Jun 8, 2010 7:05am

wormboy
Joined Jan 2009 | Status: Not bothered. | 18,084 Posts

Quoting mloistianto

Disliked

hell yeahh.. adding another short.. sorry late posting.. still targeting downside.. TP Unknown.. just playing daily target. just lucky adding those number..

Ignored

hehe, this support is a killer. some are loading up longs, some are piling up more shorts! Gonne be casualties on both sides till this support reveals the direction

Anyway if the support goes, I have 1.4120 level test for a bounce, not anything before it tho.

Thank You

#230,485
Jun 8, 2010 7:08am Jun 8, 2010 7:08am

wormboy
Joined Jan 2009 | Status: Not bothered. | 18,084 Posts

Quoting Nene

Disliked

I got to admit, that is a beautiful Evening star there, I understand and agree but I got to go with my gut here. Remember, I am covered with a short below the Support line.

Jim

Ignored

hi jim,

I don't think that qualifies as an evening star ..

Thank You

#230,486
Jun 8, 2010 7:12am Jun 8, 2010 7:12am

Nene
| Additional Username | Joined May 2009 | 2,719 Posts

Good job Wormy, got to hand it to ya. Looks like a short.

#230,487
Jun 8, 2010 7:13am Jun 8, 2010 7:13am

Magix
Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts

Quoting Nene

Disliked

If you take a look at the 4 hr and pull in a bunch of candles you can see signs that the Downtrend is starting to deteriorate slowly, See Chart below. I am banking on a range between the 89 SMA and the 4 hr UTL drawn off 5-20 and 5-25 bottoms. However, if the support line that wormboy is talking about collapses, I will join in the shorts. Long now with Sell Stop at 1.4360. I take this counter with a grain of salt and I am willing to accept a loss on this particular long trade

Ignored

Way to go Tiger!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!

#230,488
Jun 8, 2010 7:14am Jun 8, 2010 7:14am

Nene
| Additional Username | Joined May 2009 | 2,719 Posts

Yea, the middle opening was not high enough above the close and its in the middle of a trend, but like someone once told me, its a hell of a bearish formation just the same.

Jim