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Cable Update (GBPUSD)

  • #240,361
  • Jul 22, 2010 1:10pm Jul 22, 2010 1:10pm
Quoting zoreli
My short position continue to look murky...still on -25

...

And it is not going to look any better any time soon.
  • #240,362
  • Jul 22, 2010 2:11pm Jul 22, 2010 2:11pm
surprised we haven't seen more up on cable

if bernanke is going for some QE and UK is doing well anyway, then
there should be more blue sky under it

Thats fundy talk which is no use in the short term but is background bias for me

fundy talk gets one burned badly in short term trading - I know.
  • #240,363
  • Jul 22, 2010 3:37pm Jul 22, 2010 3:37pm
Still holding on that short trade...It seems that I will have one more sleepless night..-13 now
  • #240,364
  • Jul 22, 2010 3:41pm Jul 22, 2010 3:41pm
Quoting zoreli
Still holding on that short trade...It seems that I will have one more sleepless night..-13 now
close it, tomarrows another day.
  • #240,365
  • Jul 22, 2010 3:42pm Jul 22, 2010 3:42pm
Quoting zoreli
Still holding on that short trade...It seems that I will have one more sleepless night..-13 now
Some free advice. Close the trade, and sleep. If you are ever gonna have a sleepless night because of a trade dont do it. Rethink your MM.
Dr. C
  • #240,366
  • Jul 22, 2010 3:47pm Jul 22, 2010 3:47pm
Thanks cvcamper and mdiz2. Advice taken. Trade closed.

You are both right. It's simply not worth to remain wake up all night long.

Thanks again guys. Good night.
  • #240,367
  • Jul 22, 2010 3:58pm Jul 22, 2010 3:58pm
Quoting zoreli
Thanks cvcamper and mdiz2. Advice taken. Trade closed.

You are both right. It's simply not worth to remain wake up all night long.

Thanks again guys. Good night.
A good night to you. It's 2pm where I live and I get up at 11pm to start trading. It's almost time for me to sleep also.
  • #240,368
  • Jul 22, 2010 4:10pm Jul 22, 2010 4:10pm
Quoting allserene
surprised we haven't seen more up on cable

if bernanke is going for some QE and UK is doing well anyway, then
there should be more blue sky under it

Thats fundy talk which is no use in the short term but is background bias for me

fundy talk gets one burned badly in short term trading - I know.
What ever bernanke said or not , Cable will still play between 1.5480 - 1.4750 , and it seems tomorrow cable will reverse from point 1.5340-70
  • #240,369
  • Jul 22, 2010 5:02pm Jul 22, 2010 5:02pm
If anyone is intersted, I am thinking it is a good opportunity to long GbpChf.....
"Keep your eyes on the helpers" - Mr. Rogers
  • #240,370
  • Jul 22, 2010 5:33pm Jul 22, 2010 5:33pm
The spring is winding, preparing for an explosion.

In unison, the EMA's are pinching even tighter on
the 30m and 1h charts than previously posted.

Dr. D.
Attached Images
  • #240,371
  • Jul 22, 2010 6:32pm Jul 22, 2010 6:32pm
salam all...
i done trading for this week...
going to withdraw 3750usd profit for this week...
see u all next week..
green pips to all...
today going to rest...and play with my 2 kids..
Revesal Trader
  • #240,372
  • Jul 22, 2010 6:46pm Jul 22, 2010 6:46pm
Quoting damonl
If anyone is intersted, I am thinking it is a good opportunity to long GbpChf.....
haha, looking at daily chart i thought about it too..
  • #240,373
  • Jul 22, 2010 6:58pm Jul 22, 2010 6:58pm
Quoting Purple
haha, looking at daily chart i thought about it too..

Yep.. hourly, 4H and daily are all in confluence on this one
"Keep your eyes on the helpers" - Mr. Rogers
  • #240,374
  • Jul 22, 2010 7:19pm Jul 22, 2010 7:19pm
Quoting mygoldenpips
salam all...
i done trading for this week...
going to withdraw 3750usd profit for this week...
see u all next week..
green pips to all...
today going to rest...and play with my 2 kids..
I am so happy for you... thinking about your post here reminds me that I need to go take a dump!
"Keep your eyes on the helpers" - Mr. Rogers
  • #240,375
  • Jul 22, 2010 7:29pm Jul 22, 2010 7:29pm
Quoting mygoldenpips
salam all...
i done trading for this week...
going to withdraw 3750usd profit for this week...
see u all next week..
green pips to all...
today going to rest...and play with my 2 kids..
salaM...
hi thEre..maY i KnoW whaT kiNd of tecHniQue u aRE uSIng to TraDe??? it very gOOd U can get ThAt ProFit onLy in One WeeK...
  • #240,376
  • Jul 22, 2010 7:36pm Jul 22, 2010 7:36pm
Today most on short decission to 1.51++++ area. As i see Chikou span will boost down to low 1
Attached Image (click to enlarge)
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study of behavior and mind,conscious and unconscious
  • #240,377
  • Jul 22, 2010 7:43pm Jul 22, 2010 7:43pm
Salam all, can't decide where cable's going today. By the look of it, seems going back to 1.5150 level. Anyway, best of luck and happy trading all. Been a very interesting week.
  • #240,378
  • Jul 22, 2010 7:51pm Jul 22, 2010 7:51pm
http://img571.imageshack.us/img571/3426/52929397.gif
  • #240,379
  • Jul 22, 2010 8:13pm Jul 22, 2010 8:13pm
Quoting fourxtrader
The spring is winding, preparing for an explosion.

In unison, the EMA's are pinching even tighter on
the 30m and 1h charts than previously posted.

Dr. D.

...looks good on a 1m chart as any compression-release
naturally must first appear and be extended and sustained
on the lowest time frames pulling the ema's with it.

For optimum performance providing maximal energy, the
price pattern would ideally strike directly thru the heart
of the convergence of ema's in a continued downward thrust.

We see this possibility on the 30m chart but we're still miles
(20-30+ pips) and perhaps hours away into the LDN if it
should occur.

The earlier downward move on the 30m provide inertia for
the 1h to draw further together into its current tight pattern.
In my view, any move will have sufficient energy for sizable
pipage but a downward path should produce greater affects.

Dr. D.
Attached Images
  • #240,380
  • Jul 22, 2010 8:17pm Jul 22, 2010 8:17pm
Quoting mygoldenpips
salam all...
i done trading for this week...
going to withdraw 3750usd profit for this week...
see u all next week..
green pips to all...
today going to rest...and play with my 2 kids..

nice to see u happy...
wish me luck today....
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