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Cable Update (GBPUSD)

  • #236,681
  • Jul 8, 2010 8:23pm Jul 8, 2010 8:23pm
Quoting damonl
Are you out?
yes sir dont like to give up green
  • #236,682
  • Jul 8, 2010 8:27pm Jul 8, 2010 8:27pm
Quoting damonl
Thinking about having a little fun with this one...

A close below 51486.... if price than goes back up and hits 51486, going to enter another short
Attachment
Shorted this morning @ 5157 and took a quick profit @ 5137 for +20pips. looking like to be a southern day today. However, is there any significant reason you are looking to short at 5148, if I may ask? Just curious. Thanks.
  • #236,683
  • Jul 8, 2010 8:28pm Jul 8, 2010 8:28pm
Quoting kill56
yes sir dont like to give up green
sweet.. I was hoping it would go a bit lower...
"Keep your eyes on the helpers" - Mr. Rogers
  • #236,684
  • Jul 8, 2010 8:30pm Jul 8, 2010 8:30pm
Quoting damonl
Are you out?

look at this m5 chart with tcci
Attached Image (click to enlarge)
Click to Enlarge Name: 5m cable.gif Size: 15 KB
  • #236,685
  • Jul 8, 2010 8:30pm Jul 8, 2010 8:30pm
Quoting Najee
Shorted this morning @ 5157 and took a quick profit @ 5137 for +20pips. looking like to be a southern day today. However, is there any significant reason you are looking to short at 5148, if I may ask? Just curious. Thanks.
Just was going to add to an existing short on a break and pullback to support, but I like it to happen sooner than it did, so I called it off....
"Keep your eyes on the helpers" - Mr. Rogers
  • #236,686
  • Jul 8, 2010 8:34pm Jul 8, 2010 8:34pm
Quoting kill56
look at this m5 chart with tcci
I see, but we are still kind of in a downward wave pattern arn't we? Although I do know this is asia and more times than not it goes back to where it started...
"Keep your eyes on the helpers" - Mr. Rogers
  • #236,687
  • Jul 8, 2010 8:35pm Jul 8, 2010 8:35pm
Quoting damonl
sweet.. I was hoping it would go a bit lower...
do u remember me and cloggie was talking about the 15137 its a strong support for days now
  • #236,688
  • Jul 8, 2010 8:40pm Jul 8, 2010 8:40pm
Quoting damonl
Just was going to add to an existing short on a break and pullback to support, but I like it to happen sooner than it did, so I called it off....
Thanks mate. Just shorted @ 5149 to scalp on the M5. Let's see where it will go. Another +20pips is good enough for me. Good luck.
  • #236,689
  • Jul 8, 2010 8:42pm Jul 8, 2010 8:42pm
Quoting damonl
I see, but we are still kind of in a downward wave pattern arn't we? Although I do know this is asia and more times than not it goes back to where it started...
most of the time it dos go back
Attached Image (click to enlarge)
Click to Enlarge Name: 15m cable.gif Size: 16 KB
  • #236,690
  • Jul 8, 2010 8:43pm Jul 8, 2010 8:43pm
Quoting kill56
do u remember me and cloggie was talking about the 15137 its a strong support for days now
I think I heard you mention it, but I was seeing something different... lol.. no worries though out at the pullback to 5147.. still think this is going lower tonight though....
"Keep your eyes on the helpers" - Mr. Rogers
  • #236,691
  • Jul 8, 2010 8:49pm Jul 8, 2010 8:49pm
Quoting damonl
I think I heard you mention it, but I was seeing something different... lol.. no worries though out at the pullback to 5147.. still think this is going lower tonight though....

what night u talking about its 4.45am in here we might see some new lows befor london
  • #236,692
  • Jul 8, 2010 8:51pm Jul 8, 2010 8:51pm
Quoting kill56
what night u talking about its 4.45am in here we might see some new lows befor london

hahaha.. I forgot.. lol I am in the U.S. Central time, so it is night here....
"Keep your eyes on the helpers" - Mr. Rogers
  • #236,693
  • Jul 8, 2010 8:57pm Jul 8, 2010 8:57pm
some indis in my last chart

i know i lived in charlotte NC for 20 years
Attached File(s)
File Type: mq4 ^MFP MM Lines.mq4   10 KB | 258 downloads
File Type: ex4 TCCI.ex4   7 KB | 212 downloads
File Type: mq4 kill A-T-L.mq4   16 KB | 256 downloads
  • #236,694
  • Jul 8, 2010 9:05pm Jul 8, 2010 9:05pm
Quoting kill56
some indis in my last chart

i know i lived in charlotte NC for 20 years

thanks.. out for now, but will be watching my charts... in and out of the office.. got to have some wife time you know?
"Keep your eyes on the helpers" - Mr. Rogers
  • #236,695
  • Jul 8, 2010 9:07pm Jul 8, 2010 9:07pm
Quoting damonl
thanks.. out for now, but will be watching my charts... in and out of the office.. got to have some wife time you know?
enjoy nap time see u at london
  • #236,696
  • Jul 8, 2010 11:38pm Jul 8, 2010 11:38pm
Are Channel Line Still strong holdback GU for not down ??? ....haha...



Attached Image (click to enlarge)
Click to Enlarge Name: 33.JPG Size: 86 KB
  • #236,697
  • Jul 9, 2010 12:43am Jul 9, 2010 12:43am
I hope we see a break downwards today
  • #236,698
  • Jul 9, 2010 12:57am Jul 9, 2010 12:57am
Well traders , something big building here and we are about to the point were its going to take off , last time we touched the top of the daily descending channel was Jan 19th and a few days after tht we dropped below the 200 ma and have been below it ever since . We had also worked below the 200 on all shorter time frames . Now we have worked above the 200s on the shorter timeframes do we tumble before we test the daily or do we poke up and test it , only 350, 400 odd pips away hop and a skip for the gbp if it decides too . Things are about to get fun , cheers all.
Attached Image (click to enlarge)
Click to Enlarge Name: Daily chart.jpg Size: 160 KB
  • #236,699
  • Jul 9, 2010 1:07am Jul 9, 2010 1:07am
Just gone in for a quick scalp back upto 200.
  • #236,700
  • Jul 9, 2010 1:20am Jul 9, 2010 1:20am
Quoting digger1
Well traders , something big building here and we are about to the point were its going to take off , last time we touched the top of the daily descending channel was Jan 19th and a few days after tht we dropped below the 200 ma and have been below it ever since . We had also worked below the 200 on all shorter time frames . Now we have worked above the 200s on the shorter timeframes do we tumble before we test the daily or do we poke up and test it , only 350, 400 odd pips away hop and a skip for the gbp if it decides too . Things are about to...

Some bearish divergence developing:

D1:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0073.png Size: 32 KB
Don't be a hero. Don't have an ego. Always question yourself
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