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Cable Update (GBPUSD)

  • #246,941
  • Aug 19, 2010 3:47am Aug 19, 2010 3:47am
Quoting uksnowman
You like your megaphone patterns mate Please keep it coming! I only ever looked at them as a topping formation but I suppose they should also apply to bottoms. Nice trading. I took some nice quick long scalps there and waiting for things to settle down before entry.
LOL...actually cable sets up pattern like that a lot...and then goes funkydelic like this...should be a fund ride...
Hear the music before the song is over ...
  • #246,942
  • Aug 19, 2010 3:47am Aug 19, 2010 3:47am
Quoting joemiami
GlobalMac....where do see this heading?.....5714, 5782, or higher?
.5710 / .5715 is my target, the price is above the pivot point.
  • #246,943
  • Aug 19, 2010 3:49am Aug 19, 2010 3:49am
It can be a good idea to have some kind of script that can place those orders automatically.
  • #246,944
  • Aug 19, 2010 3:49am Aug 19, 2010 3:49am
Quoting bimmerbob
I'd like to see an ABC correction off yesterday's bottom. Currently in B targetting 1.55ish, then C to advance to at least 1.58, a 1.618 extension of A. Using H1 chart.

Trying to keep an eye on DX as well.
So far, so good!
  • #246,945
  • Aug 19, 2010 3:50am Aug 19, 2010 3:50am
Quoting joemiami
GlobalMac....where do see this heading?.....5714, 5782, or higher?
no set TP as of now really...giving her a ride as long as momentum plays...

BTW, where on SoBe you live...on the OcDrive?
Hear the music before the song is over ...
  • #246,946
  • Aug 19, 2010 3:51am Aug 19, 2010 3:51am
more UP? or is it enough for cable?
If only,.....
  • #246,947
  • Aug 19, 2010 3:52am Aug 19, 2010 3:52am
Quoting forexlion
looking @ MPC minutes and King's letter on inflation, i doubt retail sales would come weaker, but lets see what they cook first.
as I was expecting

retail sales came out stronger than expected
  • #246,948
  • Aug 19, 2010 3:52am Aug 19, 2010 3:52am
Quoting GlobalMacro
no set TP as of now really...giving her a ride as long as momentum plays...

BTW, where on SoBe you live...on the OcDrive?

Just blocks from there actually... on Collins Ave across the street from the beach
  • #246,949
  • Aug 19, 2010 3:54am Aug 19, 2010 3:54am
Quoting wormboy
it's not confirmed yet mate. still hasn't close cleanly below the neckline, but it's piercing. Nothing's change for me, selling the rallies till 5420.

Good luck
just took some profit before the news, and now reload my short, green pips to us
Trade with the momentum
  • #246,950
  • Aug 19, 2010 3:54am Aug 19, 2010 3:54am
Quoting joemiami
Just blocks from there actually... on Collins Ave across the street from the beach
collins south of lincoln?...that's a great place to live and trade from, lucky fella...
Hear the music before the song is over ...
  • #246,951
  • Aug 19, 2010 3:56am Aug 19, 2010 3:56am
Quoting GlobalMacro
collins south of lincoln?...that's a great place to live and trade from, lucky fella...
6 blocks north of Lincoln Rd,
  • #246,952
  • Aug 19, 2010 3:59am Aug 19, 2010 3:59am
12:00pm GBP
CBI Industrial Order Expectations
http://cdn.forexfactory.com/images/m...etail_star.gif
news: maybe short?
  • #246,953
  • Aug 19, 2010 3:59am Aug 19, 2010 3:59am
piotr1, which broker do you use, if i can ask? I am not sure my broker would have filled a buy stop there. I think they would requote me and shut the door on my intention. nice hit, by the way.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #246,954
  • Aug 19, 2010 4:00am Aug 19, 2010 4:00am
Quoting pawpaw1000
Yeah!!! someone used my chart


got something from your chart - just a scalp for 25 pips, thanks

stilll looking for short.......
  • #246,955
  • Aug 19, 2010 4:02am Aug 19, 2010 4:02am
Quoting joemiami
6 blocks north of Lincoln Rd,
lovely...enjoy it bro...

Hear the music before the song is over ...
  • #246,956
  • Aug 19, 2010 4:02am Aug 19, 2010 4:02am
Quoting Piotr1
It can be a good idea to have some kind of script that can place those orders automatically.
keep losing while i keep posting my 200% statement increase in 2 months here. there is nothing like the holy grail, i am the holy grail and i lose pips too. but i told you all i am going long for the next 2 weeks.
  • #246,957
  • Aug 19, 2010 4:02am Aug 19, 2010 4:02am
Quoting Piotr1
I wanted but was not fast enough to type and move mouse . Just get lucky ...
Does your order always get filled at your price or does it slip? especially with a move like that it must have gone straight through your price?
  • #246,958
  • Aug 19, 2010 4:03am Aug 19, 2010 4:03am
Quoting capstone
piotr1, which broker do you use, if i can ask? I am not sure my broker would have filled a buy stop there. I think they would requote me and shut the door on my intention. nice hit, by the way.
I am on FXDD but i think every MT4 platform allow you to place pending orders and i really don't believe that you can't do it on your platform.
  • #246,959
  • Aug 19, 2010 4:05am Aug 19, 2010 4:05am
Quoting GlobalMacro
collins south of lincoln?...that's a great place to live and trade from, lucky fella...
I hope it produces more $$ than Wilshire Boulevard
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #246,960
  • Aug 19, 2010 4:08am Aug 19, 2010 4:08am
Quoting mouse09
BABAAAAAAH )))


guys , now explain me please

where exactly you seen a pattern for long?
actually, i was well aware of the news before it was announced, so went long on the 1 minute pull back on the last trip to 4 hour 200 ema

i knew this kind of move will come

collected some nice greenies

http://img715.imageshack.us/img715/1156/50823478.gif
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