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Cable Update (GBPUSD)

  • #247,101
  • Aug 19, 2010 8:10am Aug 19, 2010 8:10am
Quoting forexlion
http://img713.imageshack.us/img713/1...2288109145.jpg
Attached Image
  • #247,102
  • Aug 19, 2010 8:11am Aug 19, 2010 8:11am
Dollar is wrestling with the weekly pivot...
  • #247,103
  • Aug 19, 2010 8:16am Aug 19, 2010 8:16am
Quoting cloggie
I am still flat too, not convinced yet this has any momentum, time for a spot of lunch.
Price back in it's box. Off for a run. Back in an hour to see what NY has to say for itself.
  • #247,104
  • Aug 19, 2010 8:17am Aug 19, 2010 8:17am
Quoting Delite
Dollar is wrestling with the weekly pivot...
look at yesterdays PA... M15 and H1 looks exactly like todays PA...

I'm still looking for a sign of short...
@pawpaw1000 on Twitter
  • #247,105
  • Aug 19, 2010 8:19am Aug 19, 2010 8:19am
""The number of people still receiving benefits after an initial week of aid fell 13,000 to 4.48 million in the week ended August 7 from an upwardly revised 4.49 million the prior week."" Expecting NYSE to feel a pitch. Looking short GU
  • #247,106
  • Aug 19, 2010 8:23am Aug 19, 2010 8:23am
Quoting pawpaw1000
look at yesterdays PA... M15 and H1 looks exactly like todays PA...

I'm still looking for a sign of short...
There doesn't seem enough momentum to drive it any further up, that's for sure. Still waiting, however.

Thanks for the tip re waiting for the 15m to close and then use 5m for confirmation - really useful!

Have learned so much from you guys in such a short amount of time - wish I had found you 8 months ago!
  • #247,107
  • Aug 19, 2010 8:24am Aug 19, 2010 8:24am
Quoting Ipndasno
""The number of people still receiving benefits after an initial week of aid fell 13,000 to 4.48 million in the week ended August 7 from an upwardly revised 4.49 million the prior week."" Expecting NYSE to feel a pitch. Looking short GU
am short at 1.5657, tight s/l of 15 pips... let's see what happens...
@pawpaw1000 on Twitter
  • #247,108
  • Aug 19, 2010 8:25am Aug 19, 2010 8:25am
please shorts hahahaha, going to 1,6 now atleast .
man i missd the skyrocket of a move today overslept hahahaa
  • #247,109
  • Aug 19, 2010 8:26am Aug 19, 2010 8:26am
Quoting Delite
There doesn't seem enough momentum to drive it any further up, that's for sure. Still waiting, however.

Thanks for the tip re waiting for the 15m to close and then use 5m for confirmation - really useful!

Have learned so much from you guys in such a short amount of time - wish I had found you 8 months ago!
I only started in january mate, stick around and you'll learn quickly...

Just don't give up, sometimes one really wants to!
@pawpaw1000 on Twitter
  • #247,110
  • Aug 19, 2010 8:29am Aug 19, 2010 8:29am
Quoting CoffeeDrinke
please shorts hahahaha, going to 1,6 now atleast .
man i missd the skyrocket of a move today overslept hahahaa
well, could be but we have been struggling here for a LOONG time and looking at PA yesterday and the current M15 I'd be willing to take the 15 pip risk to make 60 (down to Pivot)...
@pawpaw1000 on Twitter
  • #247,111
  • Aug 19, 2010 8:30am Aug 19, 2010 8:30am
My risk appetite. How do you view?
Attached Image (click to enlarge)
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Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #247,112
  • Aug 19, 2010 8:31am Aug 19, 2010 8:31am
Quoting pawpaw1000
well, could be but we have been struggling here for a LOONG time and looking at PA yesterday and the current M15 I'd be willing to take the 15 pip risk to make 60 (down to Pivot)...
grappie haha, i am not serious, note the sarcastic face haha.
it did exactly the same as yesterday made higher high on us open and at 1,29 no way ill long.
  • #247,113
  • Aug 19, 2010 8:31am Aug 19, 2010 8:31am
Quoting CoffeeDrinke
please shorts hahahaha, going to 1,6 now atleast .
man i missd the skyrocket of a move today overslept hahahaa
how long did the rocket ride last yesterday ?
  • #247,114
  • Aug 19, 2010 8:32am Aug 19, 2010 8:32am
Quoting Precap2
My risk appetite. How do you view?
looks like a really nice trade as long as you have a tight s/l... Maybe just above high? Watch out for pivot just below at 1.2865...

BTW, you'll find before it goes down it might go and test top again, this is normally the best time to enter, if it fails then you have a good trade on... Cloggs taught me that.

Wanna add that almost all I post here i learnt from the master himself ;-)
@pawpaw1000 on Twitter
  • #247,115
  • Aug 19, 2010 8:32am Aug 19, 2010 8:32am
damnit 1,29 sorry hahahahahaha, i was looking at my eu chart
but g/u at strong resitance so i think everyone is kinda looking for a sell.
  • #247,116
  • Aug 19, 2010 8:34am Aug 19, 2010 8:34am
Quoting CoffeeDrinke
grappie haha, i am not serious, note the sarcastic face haha.
it did exactly the same as yesterday made higher high on us open and at 1,29 no way ill long.
ok... thought the face was sarcastic but wasn't sure so just explained myself anyways!

You got a short on or still looking?

I'm up 6 now, will move stop to BE when we break 5646...

Lekker SA! waar bly jy dan? Ek sit in frankryk maar was nou 6 weke in SA vir vakansie, was wonderlik!
@pawpaw1000 on Twitter
  • #247,117
  • Aug 19, 2010 8:38am Aug 19, 2010 8:38am
Quoting pawpaw1000
ok... thought the face was sarcastic but wasn't sure so just explained myself anyways!

You got a short on or still looking?

I'm up 6 now, will move stop to BE when we break 5646...
same thought as you. But we may have to wait til Lond close before the selloff. but im hoping to get 20+ real soon Tp @5632
  • #247,118
  • Edited 8:45am Aug 19, 2010 8:39am | Edited 8:45am
I went short at 1,5635 earlier, but put quite a mother of a hardstop on incase of this new higher high but yes hoping its going to plummet now.
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  • #247,119
  • Aug 19, 2010 8:40am Aug 19, 2010 8:40am
sorry about above post, it was for another thread on EU.
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #247,120
  • Aug 19, 2010 8:40am Aug 19, 2010 8:40am
I'm just not sure it will hold. Are short too with tight SL if it fails im out for the day. I think the trade is to speculative for me though. Wish I could just wait for trend confirmation....
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