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Cable Update (GBPUSD)

  • #240,201
  • Jul 22, 2010 4:34am Jul 22, 2010 4:34am
Quoting damonl
lets hope the run up continues.....
Hello stripey horse. As some of you know ,i trade and enter off the 5 min. My very current take is that cable will not break and hold 15280 until swissy has boken and held 10400 downwards. i believe this to be a valid comment(for my style of trading) but i always value valid feedback 'cos i'm never 100% right.
All systems of divination, like music itself,work through patterns.
  • #240,202
  • Jul 22, 2010 4:34am Jul 22, 2010 4:34am
where is GM... i dont see him.. when bulls running he always near usually.. LOL..
  • #240,203
  • Jul 22, 2010 4:34am Jul 22, 2010 4:34am
Quoting damonl
Seems like the battle is on. So far I am not liking the looks of the new 30M candlestick, but too early to make a call on that.
patience my friend , patience
  • #240,204
  • Jul 22, 2010 4:36am Jul 22, 2010 4:36am
Quoting nAVIN2007
market seems to be acting crazy this week no..
no crazier than any other week nav lol, its just buying and selling ha ha
  • #240,205
  • Jul 22, 2010 4:41am Jul 22, 2010 4:41am
Quoting digger1
patience my friend , patience
*sitting on hands*
"Keep your eyes on the helpers" - Mr. Rogers
  • #240,206
  • Jul 22, 2010 4:42am Jul 22, 2010 4:42am
Quoting digger1
patience my friend , patience
Yep. Patience.. we will hit 1.5350 the next thing we know.. then 1.55, then then then then.. wala 1.6 LOL..
  • #240,207
  • Jul 22, 2010 4:43am Jul 22, 2010 4:43am
Quoting mloistianto
either way, i'm locking in my profit.. This weekend i have a vacation. dont wanna ruin it.. have a nice bull run mate.. looking good rite now..
thanks, and have a nice vacation...
"Keep your eyes on the helpers" - Mr. Rogers
  • #240,208
  • Jul 22, 2010 4:46am Jul 22, 2010 4:46am
Even when the bulls believe they're winning, they're still fighting from up to down.
Attached Image
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #240,209
  • Jul 22, 2010 4:47am Jul 22, 2010 4:47am
But now it has come to throwing dice. Who wins?
Attached Image
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #240,210
  • Jul 22, 2010 4:54am Jul 22, 2010 4:54am
Shorting at 1.5279.....
  • #240,211
  • Jul 22, 2010 4:59am Jul 22, 2010 4:59am
Not sure why I did that The chart doesn't look bad for the upside..
I will still keep my shorts with tight stop... 15-20 maximum stop loss

Quoting peach
Shorting at 1.5279.....
  • #240,212
  • Jul 22, 2010 5:02am Jul 22, 2010 5:02am
Quoting peach
Not sure why I did that The chart doesn't look bad for the upside..
I will still keep my shorts with tight stop... 15-20 maximum stop loss
same boat here.. shorted at 1.5281. I don't think it will go up but keep tight stops!
  • #240,213
  • Jul 22, 2010 5:02am Jul 22, 2010 5:02am
Quoting peach
Not sure why I did that The chart doesn't look bad for the upside..
I will still keep my shorts with tight stop... 15-20 maximum stop loss

1HR chart gave us an indecision candle, but due to the fact that it still bounced up and closed above the 100SMA, I would think shorts could be very risky right now. If this bar closes below the 100SMA, I might think we were headed for another 100 pips back down, but one step at a time. G/L
"Keep your eyes on the helpers" - Mr. Rogers
  • #240,214
  • Jul 22, 2010 5:12am Jul 22, 2010 5:12am
ooops we left a gap open...
  • #240,215
  • Jul 22, 2010 5:14am Jul 22, 2010 5:14am
Quoting digger1
no crazier than any other week nav lol, its just buying and selling ha ha

thats very true ..it is what it is..
  • #240,216
  • Jul 22, 2010 5:19am Jul 22, 2010 5:19am
i think shes just going through this heavy attraction that she seems to have for 15275...i'll leave the rest to yourthoughts and charts and er. imagination
All systems of divination, like music itself,work through patterns.
  • #240,217
  • Jul 22, 2010 5:19am Jul 22, 2010 5:19am
Quoting nAVIN2007
great trading buddy
Thanks buddy... Enough to buy miself a few BEERS this friday
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #240,218
  • Jul 22, 2010 5:21am Jul 22, 2010 5:21am
It seems we have buyers in the market @5263, we've been rejected a couple ot times. Now expecting a brake of R1 testing UTL of the chanell (it's clear on 1M.
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  • #240,219
  • Jul 22, 2010 5:21am Jul 22, 2010 5:21am
ok, gap closed
  • #240,220
  • Jul 22, 2010 5:26am Jul 22, 2010 5:26am
Quoting Martingale
ok, gap closed
Yep, I was expecting the same. It seems we have sell pressure @ 5280...does anyone have "something there" to explain it LOL!!!
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