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Cable Update (GBPUSD)

  • #237,821
  • Jul 14, 2010 1:47am Jul 14, 2010 1:47am
Quoting pip_daddy
But they look so pretty. I can change the colour and make some dotted and some dashed. I can make some thicker and some thinner. The more pretty the more money I make....right?
More blah blah blah from you I see!
"Keep your eyes on the helpers" - Mr. Rogers
  • #237,822
  • Jul 14, 2010 1:53am Jul 14, 2010 1:53am
Looks like tweezer tops on 4H.. think I am going to take this short!

Attached Image (click to enlarge)
Click to Enlarge Name: h4.gif Size: 41 KB
"Keep your eyes on the helpers" - Mr. Rogers
  • #237,823
  • Jul 14, 2010 2:04am Jul 14, 2010 2:04am
morning folks..
  • #237,824
  • Jul 14, 2010 2:06am Jul 14, 2010 2:06am
Quoting damonl
Looks like tweezer tops on 4H.. think I am going to take this short!

Attachment
The triple top (almost a 4th) on H4 looks inviting. Definitely very hard resistance. However, the sentiment is bullish right now so I'm gonna pass on this one.
  • #237,825
  • Jul 14, 2010 2:08am Jul 14, 2010 2:08am
Quoting pip_daddy
But they look so pretty. I can change the colour and make some dotted and some dashed. I can make some thicker and some thinner. The more pretty the more money I make....right?

lol new guy with big words. you obviously had only met the soft side of magix.
make sure you're ready to meet his thug side. you'll be sorry
Thank You
  • #237,826
  • Jul 14, 2010 2:10am Jul 14, 2010 2:10am
Quoting wormboy
lol new guy with big words. you obviously had only met the soft side of magix.
make sure you're ready to meet his thug side. you'll be sorry
yup he gonna get it!!
  • #237,827
  • Jul 14, 2010 2:10am Jul 14, 2010 2:10am
Quoting nAVIN2007
morning folks..
nav afternoon bro
cashed in yet?
Thank You
  • #237,828
  • Jul 14, 2010 2:12am Jul 14, 2010 2:12am
Quoting nAVIN2007
morning folks..
Morning nAV, wormboy and the rest
"Keep your eyes on the helpers" - Mr. Rogers
  • #237,829
  • Jul 14, 2010 2:14am Jul 14, 2010 2:14am
Quoting wormboy
lol new guy with big words. you obviously had only met the soft side of magix.
make sure you're ready to meet his thug side. you'll be sorry
Do any of you guys 'get' sarcasm or are you too busy looking at your pretty charts decorated with multicolored spaghetti all over it.

Quoting nAVIN2007
yup he gonna get it!!
Get what? A pony? I like ponies!
  • #237,830
  • Jul 14, 2010 2:15am Jul 14, 2010 2:15am
Quoting damonl
Morning nAV, wormboy and the rest

Good afternoon damon
Thank You
  • #237,831
  • Jul 14, 2010 2:17am Jul 14, 2010 2:17am
Quoting pip_daddy
The triple top (almost a 4th) on H4 looks inviting. Definitely very hard resistance. However, the sentiment is bullish right now so I'm gonna pass on this one.
Agree.. trend is up. went short with 1/2 my normal risk with no adding trades. Looking for below 1.51 where the 100, 200 SMA's are along with weekly resistance and Daily pivot. From there maybe we will have enough power to get us higher, but who knows... could take out my SL right from here.


Attached Image (click to enlarge)
Click to Enlarge Name: h1.gif Size: 46 KB
"Keep your eyes on the helpers" - Mr. Rogers
  • #237,832
  • Jul 14, 2010 2:19am Jul 14, 2010 2:19am
Quoting pip_daddy
The triple top (almost a 4th) on H4 looks inviting. Definitely very hard resistance. However, the sentiment is bullish right now so I'm gonna pass on this one.
How I can see the bullish sentiment?
Thanks.
totutu
  • #237,833
  • Jul 14, 2010 2:19am Jul 14, 2010 2:19am
Quoting wormboy
nav afternoon bro
cashed in yet?
nope not yet ..yesterday candle was very strong..and we found support whether it holds is a different story..up around 800 pips

1.60 will happen so long as this area gets blown away..but it proving a task right now 1.5190 area = support

internet is running slow

we have to break this area
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 27 KB
  • #237,834
  • Jul 14, 2010 2:19am Jul 14, 2010 2:19am
Quoting pip_daddy
Do any of you guys 'get' sarcasm or are you too busy looking at your pretty charts decorated with multicolored spaghetti all over it.
look to your right, keep talking to the wall son. I'll be right with ya. gotta find the meatballs
Thank You
  • #237,835
  • Jul 14, 2010 2:20am Jul 14, 2010 2:20am
Shooting Star on the 4 hour close of the asian session - looks like we'll get a shooting star at the 8 hour close in 50 mins. This will be 2 pips short of hitting the daily 786 at 1.5246. So I'm SHORT from 1.5200. SL at 1.5280 target 1.5100.
May the forex be with you |
  • #237,836
  • Jul 14, 2010 2:21am Jul 14, 2010 2:21am
Quoting pip_daddy
Do any of you guys 'get' sarcasm or are you too busy looking at your pretty charts decorated with multicolored spaghetti all over it.



Get what? A pony? I like ponies!
i like your style
sounds like your a naked trader
  • #237,837
  • Jul 14, 2010 2:24am Jul 14, 2010 2:24am
Quoting nAVIN2007
nope not yet ..yesterday candle was very strong..and we found support whether it holds is a different story..up around 800 pips

1.60 will happen so long as this area gets blown away..but it proving a task right now 1.5190 area = support

internet is running slow

we have to break this area

okay bro. I'm flat atm. Not looking to buy beyond earlier session's high till 5310 is taken. Not selling yet either, waiting to see if price can clear the supp @5190 you mentioned
Also we're just a few pips off the top of the W1 descending channel.
Here's the chart:
1. http://www.forexfactory.com/showpost...postcount=7676
Thank You
  • #237,838
  • Jul 14, 2010 2:28am Jul 14, 2010 2:28am
Quoting FXFundi
Shooting Star on the 4 hour close of the asian session - looks like we'll get a shooting star at the 8 hour close in 50 mins. This will be 2 pips short of hitting the daily 786 at 1.5246. So I'm SHORT from 1.5200. SL at 1.5280 target 1.5100.
i know yur a good trader..but i wanna use this as an example of small time frame..many think it is easier..but for most its a quick sure fire way to get killed..u have to be able to spot support resistance levels at a blink of a eye and a indicator aint gonna be effective cause it lagging

so stop kidding yourself and wake up b4 wormie takes yur account

azim
  • #237,839
  • Jul 14, 2010 2:31am Jul 14, 2010 2:31am
hi all

Before this i was bearish to 1.4871.but price suddenly going up and daily candle close above my trendline.so as for now i flip back to bullish targetting 1.5524 or higher.i will buying if daily 5ma retracement is completed.and then i will look for short at 1.57 to test 1.48 again.

just my cents
good luck n happy trading..
Attached Image (click to enlarge)
Click to Enlarge Name: gu latest.gif Size: 17 KB
Gold Expedition Return This Year: -16.4%
  • #237,840
  • Jul 14, 2010 2:31am Jul 14, 2010 2:31am
Quoting wormboy
okay bro. I'm flat atm. Not looking to buy beyond earlier session's high till 5310 is taken. Not selling yet either, waiting to see if price can clear the supp @5190 you mentioned
Also we're just a few pips off the top of the W1 descending channel.
Here's the chart:
1. http://www.forexfactory.com/showpost...postcount=7676

very wise bro!
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