Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#238,341
Jul 15, 2010 7:20am Jul 15, 2010 7:20am

manize
| Joined Dec 2007 | Status: Trader | 3,220 Posts

Quoting wormboy

Disliked

cleared my trade from 5260, 5283 & took the loss.
the long standing bearish W1 channel is now broken & price is currently moving towards the 3rd W1 resistance level, will be interesting to see the reaction once that level gets tested. My position is now flat.

Good luck everyone

Ignored

Nice chart bro

So sorry for the loss !

I'll buy at a dip around m1/200 !

I only trade XAU/USD. Based on USD news & Fib SR & BB20

#238,342
Jul 15, 2010 7:23am Jul 15, 2010 7:23am

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

Quoting nAVIN2007

Disliked

its certainly acting like a uptrend and a strong one too

Ignored

yup, at the moment it absolutely does look the part

Thank You

#238,343
Jul 15, 2010 7:23am Jul 15, 2010 7:23am

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

Quoting manize

Disliked

Nice chart bro So sorry for the loss !

Ignored

It happens brother

Good luck with your trades!

Thank You

#238,344
Jul 15, 2010 7:25am Jul 15, 2010 7:25am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting wormboy

Disliked

yup, at the moment it absolutely does look the part

Ignored

motivational speech.."fight for those inches"

Inserted Video

#238,345
Jul 15, 2010 7:35am Jul 15, 2010 7:35am

special0nefx
| Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts

Quoting egkid

Disliked

Nice chart hmmm I Imagine W shape when look to it

Ignored

no matter is W or M. In the mid will have the same direction. Just like the 3rd draw of W and the 2nd draw of M.

#238,346
Jul 15, 2010 7:37am Jul 15, 2010 7:37am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

dollar is finished!!

#238,347
Jul 15, 2010 7:39am Jul 15, 2010 7:39am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting Magix

Disliked

K, lets try it this way....

There was a word I was searching for earlier to shout....

I think it went something like this....

TIMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

Ignored

yo magix..nice trade u did yesterday at the 200 ema and exit..timed it to perfection, glad u didnt hold on to it

#238,348
Jul 15, 2010 7:39am Jul 15, 2010 7:39am

egkid
Joined Apr 2008 | Status: Trader | 9,414 Posts

Quoting special0nefx

Disliked

no matter is W or M. In the mid will have the same direction. Just like the 3rd draw of W and the 2nd draw of M.

Ignored

TRUE ,

How r u doing bro?

#238,349
Jul 15, 2010 7:42am Jul 15, 2010 7:42am

manize
| Joined Dec 2007 | Status: Trader | 3,220 Posts

Quoting manize

Disliked

Nice chart bro So sorry for the loss ! I'll buy at a dip around m1/200 !

Ignored

USD news 7.30 --> Unemployment claim < forecast ---> theorytically good for USD. Good swing bearish, how far I don't know !

I only trade XAU/USD. Based on USD news & Fib SR & BB20

#238,350
Jul 15, 2010 7:45am Jul 15, 2010 7:45am

kaspopsicle
| Membership Revoked | Joined Mar 2010 | 3,853 Posts

Quoting forexlion

Disliked

read the timeframe of the chart

Ignored

ok have put my very slow magnificent glass on it. this chart is yearly tf BUT looks amazingly like 5min.15 july 2010. BTW.. Wh r your charts so slow to scroll through?

All systems of divination, like music itself,work through patterns.

#238,351
Jul 15, 2010 7:47am Jul 15, 2010 7:47am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting kaspopsicle

Disliked

ok have put my very slow magnificent glass on it. this chart is yearly tf BUT looks amazingly like 5min.15 july 2010. BTW.. Wh r your charts so slow to scroll through?

Ignored

1 minute time frame

#238,352
Jul 15, 2010 7:50am Jul 15, 2010 7:50am

special0nefx
| Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts

Quoting egkid

Disliked

TRUE ,
How r u doing bro?

Ignored

hi bro, hanging around FF, just finish world cup mood. Start looking for setup on GJ and GU soon. Wish you a green pips as always

. HOpe everyone is doing fine too.

#238,353
Jul 15, 2010 7:54am Jul 15, 2010 7:54am

kaspopsicle
| Membership Revoked | Joined Mar 2010 | 3,853 Posts

Quoting nAVIN2007

Disliked

1 minute time frame

Ignored

Sorry got confused ..thought was lions chart which r always slow to scroll through whatever the time frame. Have been coping with network crashes all week. Anyone else in uk having problems with lines and providers?

All systems of divination, like music itself,work through patterns.

#238,354
Jul 15, 2010 7:56am Jul 15, 2010 7:56am

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

Quoting nAVIN2007

Disliked

yo magix..nice trade u did yesterday at the 200 ema and exit..timed it to perfection, glad u didnt hold on to it

Ignored

I'm not into trading outside of my comfort zone, and I prefer not to guess. I do believe we are heading for a drop...

I seen my exit, I took my money and I pick no bones.

Direction is of really no importance...and I still believe we are as toppy as toppy gets...That being said, now that there is a new area of the chart...I can play it safely.

There is nice play from where we will peak today, back to where NY seen its highs...Once we topple, I can play the range top to bottom and wait for NY to fill its books back.

I don't need to hold on and wait for loss, when I can wait for direction and trade the ranges.

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

#238,355
Jul 15, 2010 7:56am Jul 15, 2010 7:56am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting kaspopsicle

Disliked

Sorry got confused ..thought was lions chart which r always slow to scroll through whatever the time frame. Have been coping with network crashes all week. Anyone else in uk having problems with lines and providers?

Ignored

im certainly not but i have virgin cable..so its a different line i guess

#238,356
Jul 15, 2010 7:58am Jul 15, 2010 7:58am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting Magix

Disliked

I'm not into trading outside of my comfort zone, and I prefer not to guess....

Ignored

cool..

#238,357
Jul 15, 2010 7:59am Jul 15, 2010 7:59am

kaspopsicle
| Membership Revoked | Joined Mar 2010 | 3,853 Posts

Quoting nAVIN2007

Disliked

im certainly not but i have virgin cable..so its a different line i guess

Ignored

Have put house up for sale so can move to virgin cable area ..serious!

All systems of divination, like music itself,work through patterns.

#238,358
Jul 15, 2010 7:59am Jul 15, 2010 7:59am

4xStar
| Joined May 2009 | Status: Focus + Patience = Pip$ | 1,513 Posts

Strength, strength and more strength ... if you missed most of the move, as I did due to my broker's platform not working .. only thing left is to scalp the 1 min chart .. actually a very safe thing to do if you have patience .. just wait for price to drop below the 50, if it touches the 200 buy more with a stop tightly below. MA's are 50, 200 and 1000 (which is 200 on the 5 min)

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