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Cable Update (GBPUSD)

  • #251,241
  • Sep 6, 2010 6:53am Sep 6, 2010 6:53am
Quoting grashid
what ever u guys fight, i am long 10lotX10 at this area 53733....

good luck

g
Verily, in every difficulties there is relief
  • #251,242
  • Sep 6, 2010 6:57am Sep 6, 2010 6:57am
Quoting 4xStar
But just not those views, right?
Time will tell who is right.
Good luck to you too.

That's one thing for sure: Time will tell. None of us can predict these things with any degree of certainty, as there are just too many variables.

I shall continue to enjoy the contributions of yourself and Pawpaw, though, as both of you come across as decent people.

Cheers
  • #251,243
  • Sep 6, 2010 6:58am Sep 6, 2010 6:58am
Quoting grashid
what ever u guys fight, i am long 10lotX10 at this area 53733....

good luck

g
Damn you more crazy than me i only had 3x2 lol
  • #251,244
  • Sep 6, 2010 6:59am Sep 6, 2010 6:59am
Quoting grashid
what ever u guys fight, i am long 10lotX10 at this area 53733....

good luck

g
No fighting here, Grashid, just a healthy debate.

Purely killing time until the new hunting season starts tomorrow!

Hope you're well.
  • #251,245
  • Sep 6, 2010 7:04am Sep 6, 2010 7:04am
Quoting gammase1
No fighting here, Grashid, just a healthy debate.

Purely killing time until the new hunting season starts tomorrow!

Hope you're well.
oh ic..sorry disturbing u guys...

ya now a day i damm bored n lazy to trade...PA look damm bloody lazy too lol... anyway miss u back
  • #251,246
  • Sep 6, 2010 7:07am Sep 6, 2010 7:07am
Quoting dil
Damn you more crazy than me i only had 3x2 lol
..now my margin effort to do that...lol

anyway attach is my chart for those who PM me just now....

cheers

g
Attached Image (click to enlarge)
Click to Enlarge Name: GU-H4.JPG Size: 111 KB
  • #251,247
  • Sep 6, 2010 7:12am Sep 6, 2010 7:12am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I agree with BB here..I am only looking for mere 50 pips as I am loaded heavy but there is no strength in pound tbh. However, I expect some sluggish range until thursday.

Bears have more powers, as there are no bulls...bullish pound is duly noted..200-300 pips move on the upside in a day is obvious for pound when bullish. Vice -versa for bearish.

ta
ams



Quoting Bull_Bear
At least its a probable outcome with facts. Thats the differrence.

Never said I was looking for a 250pips day. I have held my trade since Friday and will continue to plough at my target as long as my technicals are still telling me to stay with the plan.

Good luck
  • #251,248
  • Sep 6, 2010 7:16am Sep 6, 2010 7:16am
...good luck guys

chow
  • #251,249
  • Sep 6, 2010 7:17am Sep 6, 2010 7:17am
Quoting ams
I agree with BB here..I am only looking for mere 50 pips as I am loaded heavy but there is no strength in pound tbh. However, I expect some sluggish range until thursday.

Bears have more powers, as there are no bulls...When pound is bullish it's duly noted..200-300 pips move on the upside pips in a day is obvious for pound. Vice -versa for bearish.

ta
ams
I said in my very 1st post that I am still seeing us in a downtrend but that I am looking for the intraday retrace at the 50-60 level... I would expect it to go to about 5420 to 5430 area before consolodating again and then showing direction from there...

Let's see
@pawpaw1000 on Twitter
  • #251,250
  • Edited 7:42am Sep 6, 2010 7:18am | Edited 7:42am
Quoting bimmerbob
Hi Navin, are you going purely by the histogram? Its just that the macd lines on my provider still pointing down, so not totally convinced yet.

True, there may be a slight retrace purely on FE technicalities pro-tem.
all my time as a trader points to this support holding..its purely of reading of chart (technicals)..not based on diverence or anything..monthly chart has hidden bullish diverence thou..

weekly chart shows we have broken out of uptrend..

im speculating up..but as u know my speculation is as good as any view, nothing is set in stone
Attached Image(s) (click to enlarge)
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  • #251,251
  • Sep 6, 2010 7:23am Sep 6, 2010 7:23am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
yup, I agree..that's why I took the long trade...if we are not bullish, we are not overly bearish as well


ta
ams


Quoting pawpaw1000
I said in my very 1st post that I am still seeing us in a downtrend but that I am looking for the intraday retrace at the 50-60 level... I would expect it to go to about 5420 to 5430 area before consolodating again and then showing direction from there...

Let's see
  • #251,252
  • Sep 6, 2010 7:23am Sep 6, 2010 7:23am
Quoting grashid
..now my margin effort to do that...lol

anyway attach is my chart for those who PM me just now....

cheers

g
Verily, in every difficulties there is relief
  • #251,253
  • Sep 6, 2010 7:25am Sep 6, 2010 7:25am
..
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.jpg Size: 89 KB
  • #251,254
  • Sep 6, 2010 7:28am Sep 6, 2010 7:28am
Quoting nAVIN2007
..
damn you got trades from 1.57
  • #251,255
  • Sep 6, 2010 7:31am Sep 6, 2010 7:31am
Quoting ams
yup, I agree..that's why I took the long trade...if we are not bullish, we are not overly bearish as well

Does that mean she is being mule-ish??
******************* I'd rather make money than be right.
  • #251,256
  • Sep 6, 2010 7:31am Sep 6, 2010 7:31am
Quoting dil
damn you got trades from 1.57
EINA! talk about drawdown, 400 pips...

How do you trade Navin? not swing I imagine?

Kinda pissed that I got in at 60 with my demo but closed my Live for +5 looking for a better entry and never got it...

Oh well, typical newbie crap! Worrying about other analysis instead of doing what I do...
@pawpaw1000 on Twitter
  • #251,257
  • Sep 6, 2010 7:34am Sep 6, 2010 7:34am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
yeah, something like that....in between



Quoting 4xStar
Does that mean she is being mule-ish??
  • #251,258
  • Sep 6, 2010 7:38am Sep 6, 2010 7:38am
The weekly chart is below. Whereas the 5995 Hi was just shy of the 138% fib extension of the a-b move ....so a base here at the 38.2% of the b-c move(4229-5995) would target a fib extension of the c-d move, assuming that d is indeed a base ... I wonder whether those holding short are looking for a 50% pullback of the said b-c move as a natural short side target ?...if so today's drop must be enouraging, although the daily candle hasn't closed yet.

Time will tell.

G/L
Attached Image
ex member
  • #251,259
  • Sep 6, 2010 7:42am Sep 6, 2010 7:42am
The 1hr chart below shows the previous 1hr swing lo zone (= previous near-term imbalance of demand/supply=previous support=potential support) just off the lows at that 38.2% 4229-5995 discussed in muy post above, where intraday support has been found..price coming up to 38.2% of the intraday drop.

G/L

http://www.easy-upload.net/fichiers/z.20109616421.gif
ex member
  • #251,260
  • Sep 6, 2010 7:43am Sep 6, 2010 7:43am
Quoting dil
damn you got trades from 1.57

with mm i might add..
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