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Cable Update (GBPUSD)

  • #232,641
  • Jun 21, 2010 7:55am Jun 21, 2010 7:55am
Quoting wormboy
hey ... where are those bulls from earlier? 1.5 are we there yet?

KAPOW!
Bulls are in the pasture, chewing grass .. waiting with tremendous patience
******************* I'd rather make money than be right.
  • #232,642
  • Jun 21, 2010 7:56am Jun 21, 2010 7:56am
Quoting USD-Bear
Don't laugh at the expense of others, it could get you....
no it won't.
Thank You
  • #232,643
  • Jun 21, 2010 7:58am Jun 21, 2010 7:58am
Quoting 4xStar
Bulls are in the pasture, chewing grass .. waiting with tremendous patience
zen!
we'll join 'em when the time is appropriate.
Thank You
  • #232,644
  • Jun 21, 2010 7:59am Jun 21, 2010 7:59am
Quoting wormboy
no it won't.
Pride will have a fall......
Don't be a hero. Don't have an ego. Always question yourself
  • #232,645
  • Jun 21, 2010 7:59am Jun 21, 2010 7:59am
I've got a rising wedge on my H1 chart...

Wouldn't be surprised if it touches the lower TL prior to tomorrows budget news... pending the outcome of that, it could be the catalyst for a breakout (hoping lower since I'm short).

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd_20100621.jpg Size: 225 KB
  • #232,646
  • Jun 21, 2010 8:02am Jun 21, 2010 8:02am
Quoting USD-Bear
Pride will have a fall......
wormie has an unbroken record of being in a tight spot 65% of the times in the past 16 months

so just forget n let him crave about his wins, u carry on with your own trading ur own way usd_bear
  • #232,647
  • Jun 21, 2010 8:03am Jun 21, 2010 8:03am
Quoting Yngwie
Selling..break 4845/30 may TP 4740
damn! selling from 1.4900 and close trade for big lots at 1.4805 for +90 pips. This price is really a good support.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #232,648
  • Jun 21, 2010 8:08am Jun 21, 2010 8:08am
Quoting forexlion
wormie has an unbroken record of being in a tight spot 65% of the times in the past 16 months

so just forget n let him crave about his wins, u carry on with your own trading ur own way usd_bear
lol bitter.

pot, kettle, black
Attached Image
Thank You
  • #232,649
  • Jun 21, 2010 8:13am Jun 21, 2010 8:13am
Quoting USD-Bear
Pride will have a fall......

  1. go down to cable daily charts
  2. put macd on the chart
  3. you get 2 reversal points 5522 and 4226
  4. now fib them and get the 38.2 and 61.8 levels from these 2 points
  5. you get 38.2 as 4721
  6. and 61.8 as 5027
  7. obviously daily macd ain't turning back as yet so the target is 5027

just friggin ignore cravings n stick to the plan

n yes, if daily macd turns @ 5027, u got a new reversal point and new fib level to work on from there if it happens

keep collecting

  • #232,650
  • Jun 21, 2010 8:15am Jun 21, 2010 8:15am
Quoting wormboy
lol bitter.

pot, kettle, black
another proof of your ..........
  • #232,651
  • Jun 21, 2010 8:21am Jun 21, 2010 8:21am
Let try buying here

from my blog

GBP/USD

Buy 1.4825 SL 1.4800
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #232,652
  • Jun 21, 2010 8:31am Jun 21, 2010 8:31am
The Gulf of Mexico Oil Leak is actually an under sea Volcano in the process of erruption

this is the reason the pressure of oil leaking is simply too high to be controlled

Tsunami of 600 MPH cannot be ruled out.

IF YOU ARE IN FLORIDA -- GET OUT OF THERE BEFORE ITS TOO LATE
  • #232,653
  • Jun 21, 2010 8:31am Jun 21, 2010 8:31am
Quoting Yngwie
Let try buying here

from my blog

GBP/USD

Buy 1.4825 SL 1.4800

sorry bro...i dont see any long here..

im short
  • #232,654
  • Jun 21, 2010 8:32am Jun 21, 2010 8:32am
you mean like this..

Quoting forexlion

  1. go down to cable daily charts
  2. put macd on the chart
  3. you get 2 reversal points 5522 and 4226
  4. now fib them and get the 38.2 and 61.8 levels from these 2 points
  5. you get 38.2 as 4721
  6. and 61.8 as 5027
  7. obviously daily macd ain't turning back as yet so the target is 5027

just friggin ignore cravings n stick to the plan

n yes, if daily macd turns @ 5027, u got a new reversal point and new fib level to work on from there if it happens

keep collecting

Attached Image(s) (click to enlarge)
Click to Enlarge Name: p.jpg Size: 125 KB
Click to Enlarge Name: gp.gif Size: 31 KB
  • #232,655
  • Jun 21, 2010 8:35am Jun 21, 2010 8:35am
Quoting aforizma
you mean like this..
macd is default settings 12,26,9
  • #232,656
  • Jun 21, 2010 8:42am Jun 21, 2010 8:42am
yes but this is myfault settings
its better for bigger TF for me..

Quoting forexlion
macd is default settings 12,26,9
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 31 KB
  • #232,657
  • Jun 21, 2010 8:48am Jun 21, 2010 8:48am
Quoting clientfx
sorry bro...i dont see any long here..

im short
Just as a point to ponder, and not saying we are going to reverse but...

The chart top was painted by Asian and Frankie sessions without London or NY having a chance to play from or up to those levels...

IF support holds at current, we could see this range played out by both London and NY...Area shaded in grey.
Attached Image (click to enlarge)
Click to Enlarge Name: charttop.jpg Size: 94 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #232,658
  • Jun 21, 2010 8:50am Jun 21, 2010 8:50am
Quoting Magix
Just as a point to ponder, and not saying we are going to reverse but...

The chart top was painted by Asian and Frankie sessions without London or NY having a chance to play from or up to those levels...

IF support holds at current, we could see another attack at the top of the chart.
Magix, do you see a doomsday scenario closer to 1.5050 ??
  • #232,659
  • Jun 21, 2010 8:58am Jun 21, 2010 8:58am
Quoting forexlion
Magix, do you see a doomsday scenario closer to 1.5050 ??
We gotta get there first.

I do believe that there is still a little more ceiling to paint, but when are we heading there and where is it???? Dunno.

Trading the safety ranges with direction from the M30 off the 5m has proven be about the best way to keep in the green over the past couple weeks, don't see any reason this week should be an exception.

We are long term down trend, but can still load up with some longs before better movements downside. The H4 is confirmed, and we haven't seen the daily 200EMA since January, who is to say we can't make that climb?(1.5325)
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #232,660
  • Jun 21, 2010 9:31am Jun 21, 2010 9:31am
Quoting clientfx
sorry bro...i dont see any long here..

im short
Its ok.. small loss 25 pips.. if u long.. put your SL here
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
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