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Cable Update (GBPUSD)

  • #250,441
  • Sep 2, 2010 3:31am Sep 2, 2010 3:31am
Quoting TauTrader
Good day to you,

Just an observation.. Although your TL's are not incorrect, the LTL is not ideal - 2 points touching is fair - but you would ideally want to look for at least 3 points touching. The more touches, the "stronger" or more sustainable the line will be.

Just a thought...

Regards
agree
  • #250,442
  • Sep 2, 2010 3:32am Sep 2, 2010 3:32am
Quoting LostMyShirt
Took a long position.. Entry at 1.5394.....
I forgot about the news when i took the position... Anyways still holding it..
  • #250,443
  • Sep 2, 2010 3:34am Sep 2, 2010 3:34am
Quoting LostMyShirt
Took a long position.. Entry at 1.5394.....
It may be coincidence but every time you placing your order I am also placing mine… in opposite direction.
  • #250,444
  • Sep 2, 2010 3:39am Sep 2, 2010 3:39am
Quoting Piotr1
It may be coincidence but every time you placing your order I am also placing mine… in opposite direction.
Good to know that :-).. You must have lost a lot of money if you did that on my calls this week.... You have a chance here on this call though.. Loads of bad numbers coming from UK...
  • #250,445
  • Sep 2, 2010 3:41am Sep 2, 2010 3:41am
Quoting LostMyShirt
Good to know that :-).. You must have lost a lot of money if you did that on my calls this week.... You have a chance here on this call though.. Loads of bad numbers coming from UK...
I get some pips this time.
  • #250,446
  • Sep 2, 2010 3:44am Sep 2, 2010 3:44am
Buyers on 1.5375 looks we will go up , if we cant break that
  • #250,447
  • Edited 4:13am Sep 2, 2010 3:55am | Edited 4:13am
She's being territorial...

Housing prices depressing her yet again...being off screen couldn't take a short...

I'll be zipping into waiting mode...
Attached Image (click to enlarge)
Click to Enlarge Name: H1.gif Size: 9 KB
Hear the music before the song is over ...
  • #250,448
  • Sep 2, 2010 4:11am Sep 2, 2010 4:11am
Could someone please clarify what is going on?

Fibre headed higher over past couple of days while cable still dropping. Fibre now looking to go Higher and cable looking to break lower support?

I'm kinda confused here
@pawpaw1000 on Twitter
  • #250,449
  • Sep 2, 2010 4:12am Sep 2, 2010 4:12am
I think we will touch today 1,5500
  • #250,450
  • Sep 2, 2010 4:14am Sep 2, 2010 4:14am
Quoting GlobalMacro
She's being territorial...

Housing prices depressing her yet again...being off screen couldn't take a short...

I'll be zipping into waiting mode again...
Morning all.

Cable slowly slipping down today. If she closes under 5470 I'm going short. It's a 35ma +35 pip cross on the m15 chart. Another EOHater move. Usually good for a further 35-50 pips. Getting close on this particular candle...1min to go.

Sorry, meant 5370.
  • #250,451
  • Sep 2, 2010 4:19am Sep 2, 2010 4:19am
Quoting pawpaw1000
Could someone please clarify what is going on?

Fibre headed higher over past couple of days while cable still dropping. Fibre now looking to go Higher and cable looking to break lower support?

I'm kinda confused here
Could have something to do with the skyrocketing eurgbp. I'm not expert on this.
  • #250,452
  • Sep 2, 2010 4:20am Sep 2, 2010 4:20am
Quoting LostMyShirt
I forgot about the news when i took the position... Anyways still holding it..
Watching the PA I am tempted to add more to my longs.. Anybody taking longs at this level??
  • #250,453
  • Sep 2, 2010 4:25am Sep 2, 2010 4:25am
Quoting LostMyShirt
Watching the PA I am tempted to add more to my longs.. Anybody taking longs at this level??

I'm with you. I feel it will follow Fibre for a while ?????
  • #250,454
  • Sep 2, 2010 4:25am Sep 2, 2010 4:25am
Quoting LostMyShirt
Watching the PA I am tempted to add more to my longs.. Anybody taking longs at this level??

Looking at the double bottom forming on the 15 minute, but it would be going against the major trend, which I'm not too happy about. Probably will wait for a break of WS1 with retest before opening position.
  • #250,455
  • Sep 2, 2010 4:28am Sep 2, 2010 4:28am
Quoting pawpaw1000
Could someone please clarify what is going on?

Fibre headed higher over past couple of days while cable still dropping. Fibre now looking to go Higher and cable looking to break lower support?

I'm kinda confused here
Really hasent been much of a difference other than the euro did not drop off as much today as the gbp has , yesterday the eur had a 190 pip range , the gbp had 155 , definitly a big day for the eur but they have their interst rate annc today and the speech that comes with it lol, all mixed in with nfp week , posistion readjustments etc etc
  • #250,456
  • Sep 2, 2010 4:28am Sep 2, 2010 4:28am
Quoting Saffer
I'm with you. I feel it will follow Fibre for a while ?????
Fibre's got to clear 12850/60 area which looks quite tough to me.
  • #250,457
  • Sep 2, 2010 4:29am Sep 2, 2010 4:29am
Quoting Saffer
I'm with you. I feel it will follow Fibre for a while ?????
Well until the next news event at 13: 45 that is
  • #250,458
  • Sep 2, 2010 4:29am Sep 2, 2010 4:29am
Quoting Piotr1
I get some pips this time.
Good luck with your shorts.. Keep doing what you are doing :-)
  • #250,459
  • Sep 2, 2010 4:33am Sep 2, 2010 4:33am
Quoting Piotr1
It may be coincidence but every time you placing your order I am also placing mine… in opposite direction.
That's the best way to provide liquidity for the market. It's the right things happening
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #250,460
  • Sep 2, 2010 4:33am Sep 2, 2010 4:33am
Quoting LostMyShirt
Watching the PA I am tempted to add more to my longs.. Anybody taking longs at this level??
if price will break 1.5403 I place buy order ... now i opened sell.
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