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Cable Update (GBPUSD)

  • #249,901
  • Aug 30, 2010 5:57pm Aug 30, 2010 5:57pm
Quoting Magix
Wife did laundry today, I got a few extra pairs of clean shorts....
ha ha , if its false it will be quick lol, nothing that cant be made back and then some over the course of a day
  • #249,902
  • Aug 30, 2010 6:07pm Aug 30, 2010 6:07pm
Quoting Magix
Pucker time indeed.

Took a long here though...color me crazy...
alrite in with you now lets go get the 5 minute 200. lol
  • #249,903
  • Aug 30, 2010 6:11pm Aug 30, 2010 6:11pm
Quoting digger1
alrite in with you now lets go get the 5 minute 200. lol
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #249,904
  • Aug 30, 2010 6:17pm Aug 30, 2010 6:17pm
Quoting Magix
counting on you bro , got to step out for a bit , cu in a while
  • #249,905
  • Aug 30, 2010 6:21pm Aug 30, 2010 6:21pm
hi all

magix digg how are u guys

the 200 on 5 played good nice west

weelky cam l3 also great hope u are in the green i will be back soon i hope best of luck my lovely room miss u all
  • #249,906
  • Aug 30, 2010 6:24pm Aug 30, 2010 6:24pm
Quoting kill56
hi all

magix digg how are u guys

the 200 on 5 played good nice west

weelky cam l3 also great hope u are in the green i will be back soon i hope best of luck my lovely room miss u all
All good here killer.

Where you been hiding mango?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #249,907
  • Aug 30, 2010 7:09pm Aug 30, 2010 7:09pm
Quoting kill56
hi all

magix digg how are u guys

the 200 on 5 played good nice west

weelky cam l3 also great hope u are in the green i will be back soon i hope best of luck my lovely room miss u all
Hey Kill .. miss you lots. Hope all is well with you & family.
******************* I'd rather make money than be right.
  • #249,908
  • Aug 30, 2010 7:29pm Aug 30, 2010 7:29pm
Good day to you,

1.5460 is the short term divider. If this level forms support under price, we are then trading a range between a shorter term and a longer term decision area - bottom 1.5460, top 155.11.

Should 1.5460 keep resisting, watch 1.5440 below ( Friday low) - this could also become a ping pong area. Should 1.5440 become resistance - we may go round number 1.5400 and then 1.5369 ( low of last week)

To the upside, between 1.5511 and 1.5530 - we have the other ping pong area. Longer term longs remain viable above 1.5530 as support. Otherwise - range play between 1.5460 and 1.5511

Trade well

regards
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  • #249,909
  • Aug 30, 2010 8:14pm Aug 30, 2010 8:14pm
Quoting digger1
lol, china in a selling mood it appears , took it easy in the gbp ah but fibre was a nice drop
dig maybe i imagine this but when asia goes into no shallow flag one way or other move of us continues in london.

So i am expecting drop under 1.5440 to test 1.5400 to 3800
Blogging daily now at www.volume.zone
  • #249,910
  • Aug 30, 2010 8:19pm Aug 30, 2010 8:19pm
Quoting malcolmb14
dig maybe i imagine this but when asia goes into no shallow flag one way or other move of us continues in london.

So i am expecting drop under 1.5440 to test 1.5400 to 3800
yes , wouldnt expect much more than the 5 minute 200 if that , tokyo and china is a little like frankie and london , just much smaller swings normally unless there is a lot of china news I was just thinking up a tad due to we have been trading above the rollover price for the majority of the new day day so far ,
  • #249,911
  • Aug 30, 2010 8:23pm Aug 30, 2010 8:23pm
Quoting digger1
yes , wouldnt expect much more than the 5 minute 200 if that , tokyo and china is a little like frankie and london , just much smaller swings normally unless there is a lot of china news I was just thinking up a tad due to we have been trading above the rollover price for the majority of the new day day so far ,
very subtle but those 2 attempts tp move up were sold into

poc for day 1.5460 ( i use london open to london open as most of the volume occurs in london and us and that is what sets the value area) seems to work as 95% of time value area limits of prior day is adhered to or tested

Breakdown todays POC London we see 1.5430 , 1,5400 both high vol pivots and 1,5350 as outer limit day range ( assuming channel bottom breaks or even has fake breakout)
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Blogging daily now at www.volume.zone
  • #249,912
  • Aug 30, 2010 8:25pm Aug 30, 2010 8:25pm
Quoting malcolmb14
dig maybe i imagine this but when asia goes into no shallow flag one way or other move of us continues in london.

So i am expecting drop under 1.5440 to test 1.5400 to 3800
the range has been between china s open price of 1.5471 and yesterdays low so far , nothing big thats for sure , the tokyo open is 1.5464 and rollover is at 1.5460 . All being below the triangle I mentioned to magix , so really the down side looks best atm but its just getting in at the best price lol
  • #249,913
  • Aug 30, 2010 8:38pm Aug 30, 2010 8:38pm
here you go malc , close up of what I was watching for a few scalps , still holding a few shorts from the yellow trendline and chinas open , was hoping for a nice push down from there but tht dang magix keeps buying lol. As long as the rollover holds there is a chance for a pop but the chance seems to be slipping till maybe the frankie fake out
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  • #249,914
  • Aug 30, 2010 8:45pm Aug 30, 2010 8:45pm
Good day,

Anyone knows what happened to our friend, Pip Stunner?
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  • #249,915
  • Aug 30, 2010 8:49pm Aug 30, 2010 8:49pm
Quoting TauTrader
Good day,

Anyone knows what happened to our friend, Pip Stunner?
ha ha , was mostly long trades from what he showed but hey people like that will still add to their totals , just count the minus as positive and its all good
  • #249,916
  • Aug 30, 2010 9:11pm Aug 30, 2010 9:11pm
I expect the next few hours GU
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  • #249,917
  • Edited 9:52pm Aug 30, 2010 9:22pm | Edited 9:52pm
Any of you are using Gann angle?
Preatty accurate stuff.

I'm looking at the rate price/time vs TF and seems each any TF have his rate about it. Like to trace a perfect square on 1min you need to use 1:2 (1 price unit for 2 time unit), 5 min is opposite 2:1 but 15 min is 1:1.

Just wanted to see if some of you have the experience whit it?!
Same for Gann wheel, any participant?

Thx!

http://en.wikipedia.org/wiki/Gann_angles
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"Flip that coin!"
  • #249,918
  • Aug 30, 2010 9:59pm Aug 30, 2010 9:59pm
Quoting Scipionz
Any of you are using Gann angle?
Preatty accurate stuff.

I'm looking at the rate price/time vs TF and seems each any TF have his rate about it. Like to trace a perfect square on 1min you need to use 1:2 (1 price unit for 2 time unit), 5 min is opposite 2:1 but 15 min is 1:1.

Just wanted to see if some of you have the experience whit it?!
Same for Gann wheel, any participant?

Thx!

http://en.wikipedia.org/wiki/Gann_angles
Good day to you,

I do use basic Gann angles. only 3 though - last week, current week and daily. Just to give me potential bull / bear levels. Nothing more. Just like Fib's and golden numbers - they work until they don't...

Regards
  • #249,919
  • Aug 30, 2010 10:02pm Aug 30, 2010 10:02pm
Quoting fxoxford
trade update got out of this trade at b/e, went long again at 1.5480, t/p 1.5715.
im long at 1.5480 and at 1.5460, s/l 1.5355, t/p 1.5670. good luck to all.
  • #249,920
  • Aug 30, 2010 10:04pm Aug 30, 2010 10:04pm
Quoting TauTrader
Good day to you,

I do use basic Gann angles. only 3 though - last week, current week and daily. Just to give me potential bull / bear levels. Nothing more. Just like Fib's and golden numbers - they work until they don't...

Regards
Hehe, ok thx for the hint.
Make full sens... nothing is bullet proof in trading.

I'm studying this lately....
Nice to have your word on it.

Best Regards!
"Flip that coin!"
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