getting better q. spots are still here tho but the bitchy itch are gone
still riding her up bro?
Veni, Vidi, Vici (We came, we saw, we conquered)
Cable Update (GBPUSD)
- #234,442
- Jun 29, 2010 6:49am Jun 29, 2010 6:49am
- | Joined Aug 2009 | Status: Save our Children's Save our Future | 1,124 Posts
I didn't say it would move 1,000 pips (sorry I haven't been following the thread) I said I was short biased. If I were holding longs I probably would be thinking about closing them this week at this level and guess what? It's the end of the month. Anybody knows a long closed is a sell. I would be looking to sell above 1.5. That's a good price.
Next decent support is at 1.4750 then 1.43 ?
mostly people here are scalper (little TP), got 40 pips we already happy...
so 1.5 could be 1.500x, 1.510x, 1.590x and till it could 1000 pips away sir, we don't have SL as much as that to trade...
I will be the number one Manager.
- #234,443
- Jun 29, 2010 6:49am Jun 29, 2010 6:49am
I have no clue what any of those indy's do, but you have a decent TL on that chart that was tested 5 times, what makes you think that a retrace is on now without a break/close below. Look at the last 5 tests of that TL, your MCD/Osama thingies showed you the same as they do now and the reversal never happened.
By all means trade the shorts down to the TL, just don't anticipate a full blown reversal here.
sure you know the difference....
and you are right on one point : patterns aren't 100% valid
and if you look carefully at my charts...I'm not yet in.....my orders are stop and limit...
and won't argue with anyone about my system....just 7 years continuous green....but specially built and designed for my own trading style....
Wish you the best my friend
Non licet omnibus adire Corinthum
- #234,444
- Jun 29, 2010 6:51am Jun 29, 2010 6:51am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
This looks almost like a H & S forming on the hourly.
looks like an inverse shampoo on my M5. Well .. almost
the neckline has to go first for it to be valid.
Thank You 
- #234,445
- Jun 29, 2010 6:53am Jun 29, 2010 6:53am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
yeah mate +250 pips, 1.5300 all the bro, buy on dips to add positions
on the same ride brother.will only contemplate on building short if we close below 4940
okay catch you later. good luck!
Thank You
- #234,446
- Jun 29, 2010 6:54am Jun 29, 2010 6:54am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #234,447
- Jun 29, 2010 6:58am Jun 29, 2010 6:58am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
looks like an inverse shampoo on my M5. Well .. almost
the neckline has to go first for it to be valid.
Gone to a better place
- #234,448
- Jun 29, 2010 7:04am Jun 29, 2010 7:04am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #234,452
- Jun 29, 2010 7:26am Jun 29, 2010 7:26am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Off topic, but is anyone able to post a chart on the EG. It's down by 250pips in just about a week and wondering where the next support level might be.
Cheers
Gone to a better place
- #234,454
- Jun 29, 2010 7:33am Jun 29, 2010 7:33am
- Joined Oct 2009 | Status: Trader | 15,211 Posts
Nice clear chart Clogs
Congrats on the footie, nice to see the pansies progressed
Fine:
- #234,458
- Jun 29, 2010 7:45am Jun 29, 2010 7:45am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place