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Cable Update (GBPUSD)

  • #238,641
  • Jul 16, 2010 2:59am Jul 16, 2010 2:59am
Quoting wormboy
this is one steep ltl. but till it's broken, I'll be trading it long - no matter how ridiculous the buying looks at the moment. New high today? Let's see how it goes.

Good luck everyone

It is always more comforting when your call is the same as mine !!
  • #238,642
  • Jul 16, 2010 3:04am Jul 16, 2010 3:04am
Quoting Dayboy001
It is always more comforting when your call is the same as mine !!
same here
  • #238,643
  • Jul 16, 2010 3:09am Jul 16, 2010 3:09am
....any downside break out of the 1hr ascending trendline/channel might see some support at the prev swing lo with 3 x fibs as circled below...fibs = 23.6% ' s of 4949 and 4963 to current 5470 with 50% 5234-same 5470 hi

G/L
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ex member
  • #238,644
  • Jul 16, 2010 3:17am Jul 16, 2010 3:17am
Quoting Bull_Bear
Its the calm before the storm....

Short closed with a small loss -29pips, reversed to long

1.5289.. Sl 1.5190.. TP 1.5440
Thought I kick it up before my power yoga class....

TP hit...

Oh, selling ladies and gents.....

1.5430.. SL 1.5480 TP 1.5340
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #238,645
  • Jul 16, 2010 3:19am Jul 16, 2010 3:19am
Quoting uksnowman
fully agree, and when it does finally break to the downside we should get some nice pips on the way down too
hi rich how you been my friend

yep, we might end up like last year too. Cable had a massive 1500 pip bull run which ended around this time last year & stayed in a 600 pip range for 6 month after. Would be something if we see something like that again
Thank You
  • #238,646
  • Jul 16, 2010 3:19am Jul 16, 2010 3:19am
Quoting Dayboy001
It is always more comforting when your call is the same as mine !!
good luck mate
Thank You
  • #238,647
  • Jul 16, 2010 3:22am Jul 16, 2010 3:22am
Quoting Bull_Bear
Thought I kick it up before my power yoga class....

TP hit...

Oh, selling ladies and gents.....

1.5430.. SL 1.5480 TP 1.5340
Q!!

damn man! your short entry is my long entry. your tp is my stop!
shit this is no fun
Thank You
  • #238,648
  • Jul 16, 2010 3:23am Jul 16, 2010 3:23am
Quoting wormboy
Q!!

damn man! your short entry is my long entry. your tp is my stop!
shit this is no fun
he certainly living up to his nick!
  • #238,649
  • Jul 16, 2010 3:30am Jul 16, 2010 3:30am
http://2.bp.blogspot.com/_DwzT78GHpM...M0/s400/gu.gif

come on bear.....
  • #238,650
  • Jul 16, 2010 3:32am Jul 16, 2010 3:32am
Quoting Bull_Bear
Thought I kick it up before my power yoga class....

TP hit...

Oh, selling ladies and gents.....

1.5430.. SL 1.5480 TP 1.5340
I still have not made up my mind.. the 08:00 bar was a rejection bar with a TL breakout, and then so far the 09:00 is showing to be another rejection bar that has retraced back to the lower 1HR channel line. Thinking maybe long....

Have fun watching the ladies.. I mean in "power yoga"
"Keep your eyes on the helpers" - Mr. Rogers
  • #238,651
  • Jul 16, 2010 3:33am Jul 16, 2010 3:33am
Quoting wormboy
Q!!

damn man! your short entry is my long entry. your tp is my stop!
shit this is no fun
GM wormboy!
"Keep your eyes on the helpers" - Mr. Rogers
  • #238,652
  • Jul 16, 2010 3:35am Jul 16, 2010 3:35am
Quoting wormboy
Q!!

damn man! your short entry is my long entry. your tp is my stop!
shit this is no fun
err umm wormie wht are you doing buying a top , ha ha you were just a day early yesterday thts all lol
  • #238,653
  • Jul 16, 2010 3:40am Jul 16, 2010 3:40am
Quoting digger1
err umm wormie wht are you doing buying a top , ha ha you were just a day early yesterday thts all lol
i think he will be fine..price on the 15 minute is compressing..to unleash hell like no fury
  • #238,654
  • Jul 16, 2010 3:40am Jul 16, 2010 3:40am
No good. cut my long +5 pips.. crap. i should have closed it earlier. reverse to short. 1.5415..
  • #238,655
  • Jul 16, 2010 3:48am Jul 16, 2010 3:48am
Quoting mloistianto
No good. cut my long +5 pips.. crap. i should have closed it earlier. reverse to short. 1.5415..
isnt it too early mate to do cut switch ?
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Verily, in every difficulties there is relief
  • #238,656
  • Jul 16, 2010 3:50am Jul 16, 2010 3:50am
Quoting nAVIN2007
i think he will be fine..price on the 15 minute is compressing..to unleash hell like no fury
I'm still flat.. I haven't decided yet if we are ranging today or what, so going to hold out a bit here.
"Keep your eyes on the helpers" - Mr. Rogers
  • #238,657
  • Jul 16, 2010 3:52am Jul 16, 2010 3:52am
0830am gmt 15min bullish hammer close resulted after another test of 1hr asc t/line...
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ex member
  • #238,658
  • Jul 16, 2010 3:52am Jul 16, 2010 3:52am
Quoting primzvicious
isnt it too early mate to do cut switch ?
Yep maybe. Just filling the top.. Too many res.. But this is friday.. miracle things happen on friday..
  • #238,659
  • Jul 16, 2010 3:53am Jul 16, 2010 3:53am
Quoting damonl
I'm still flat.. I haven't decided yet if we are ranging today or what, so going to hold out a bit here.
It's Friday, there will be either a big run up or a big run down after 3pm.
  • #238,660
  • Jul 16, 2010 3:54am Jul 16, 2010 3:54am
Quoting mloistianto
Yep maybe. Just filling the top.. Too many res.. But this is friday.. miracle things happen on friday..
yup profit taking action might happen..
Verily, in every difficulties there is relief
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