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Cable Update (GBPUSD)

  • #255,581
  • Sep 23, 2010 5:06pm Sep 23, 2010 5:06pm
Which way will the price break? perhaps the 5 minute chart that I used today could answer that. I could be wrong.

PS: It was neat at first. Price played dirty

Quoting need-help
The stage is certainly set for tomorrow.




PS: thanks pipabix and uphios for answering my query
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  • #255,582
  • Sep 23, 2010 5:52pm Sep 23, 2010 5:52pm
Quoting need-help
Which way will the price break? perhaps the 5 minute chart that I used today could answer that. I could be wrong.

PS: It was neat at first. Price played dirty

a little bump up then back to downtrending well stalled!!


EJ had a run up, pulled back fast then had a 25pip run up, trading the wrong pair for this time of night.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #255,583
  • Sep 23, 2010 5:56pm Sep 23, 2010 5:56pm
Quoting Turveyd
a little bump up then back to downtrending well stalled!!


EJ had a run up, pulled back fast then had a 25pip run up, trading the wrong pair for this time of night.
Need to jump on the dragon T!

w00t!

I'm out now, for the next 2 hrs....

Good luck fellas!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,584
  • Sep 23, 2010 5:59pm Sep 23, 2010 5:59pm
Support would now seem to fall on the M15 chart.

Any solid close below here, we go short chart....
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,585
  • Sep 23, 2010 6:02pm Sep 23, 2010 6:02pm
Quoting Magix
Need to jump on the dragon T!

w00t!

I'm out now, for the next 2 hrs....

Good luck fellas!

Dragons got a 6pip spread or something for me I think, so no thanks, EJ's just fine!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #255,586
  • Sep 23, 2010 6:08pm Sep 23, 2010 6:08pm
Quoting Turveyd
Dragons got a 6pip spread or something for me I think, so no thanks, EJ's just fine!!
EJ still playing off the 5m chart here Turv.

IF I was to take a trade, I would be looking for the support at open to be tested...

But for the next couple hours, I won't be round, so...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,587
  • Sep 23, 2010 6:09pm Sep 23, 2010 6:09pm
Quoting Magix
UJ still playing off the 5m chart here Turv.

IF I was to take a trade, I would be looking for the support at open to be tested...

But for the next couple hours, I won't be round, so...

I'm working so not trading due to lack of focus, but got them up to stop me falling asleep.


Actually thinking about it, SLEEP time!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #255,588
  • Sep 23, 2010 6:09pm Sep 23, 2010 6:09pm
Quoting Turveyd
Dragons got a 6pip spread or something for me I think, so no thanks, EJ's just fine!!

tur where do u see ej in 2 weeks
  • #255,589
  • Sep 23, 2010 6:21pm Sep 23, 2010 6:21pm
Quoting kill56
tur where do u see ej in 2 weeks
that would be a prediction and predictions are ridiculous so why are you asking me ?? or anyone for that matter!!

Pure Scalper here.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #255,590
  • Sep 23, 2010 6:28pm Sep 23, 2010 6:28pm
Quoting kill56
tur where do u see ej in 2 weeks
I would say if the path continued killer...we look like this in 2 weeks.

Support on hulls, Strong buys off bottom, nearest resistance area above....
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,591
  • Sep 23, 2010 7:17pm Sep 23, 2010 7:17pm
Quoting Magix
I would say if the path continued killer...we look like this in 2 weeks.

Support on hulls, Strong buys off bottom, nearest resistance area above....
thanks

the same here wise man but may be more thats if we break above
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  • #255,592
  • Sep 23, 2010 7:19pm Sep 23, 2010 7:19pm
Quoting Turveyd
that would be a prediction and predictions are ridiculous so why are you asking me ?? or anyone for that matter!!

Pure Scalper here.

true just a thought came to my mind i am a hit and run no long term trades like the 10-50 pips it dos add
  • #255,593
  • Sep 23, 2010 7:23pm Sep 23, 2010 7:23pm
Watch for sellers coming in at 5685 and 5697 to possibly send her back to 5600.
Cap
  • #255,594
  • Sep 23, 2010 8:13pm Sep 23, 2010 8:13pm
Quoting Magix
Support would now seem to fall on the M15 chart.

Any solid close below here, we go short chart....
Would seem at least for the time the 15m 200 is the support line....

Forecast
Current
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,595
  • Sep 23, 2010 8:17pm Sep 23, 2010 8:17pm
And damn Turv, you shoulda taken that little UJ ride back to open....
Attached Image(s) (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,596
  • Sep 23, 2010 8:55pm Sep 23, 2010 8:55pm
Quoting Magix
And damn Turv, you shoulda taken that little UJ ride back to open....
he is asleep

fiber too was sweet
  • #255,597
  • Sep 23, 2010 8:56pm Sep 23, 2010 8:56pm
Quoting Turveyd
Dragons got a 6pip spread or something for me I think, so no thanks, EJ's just fine!!
You should really shop around... my GBP/JPY spread is never more than 4 pips, often times less.
check out my blog: forexmademillionaire dot com
  • #255,598
  • Sep 23, 2010 9:00pm Sep 23, 2010 9:00pm
Quoting Geppy
You should really shop around... my GBP/JPY spread is never more than 4 pips, often times less.
Shop the broker or shop the pairs...

Really boils down to preference.

I can get zooming spreads elsewhere, but I prefer the platform I trade off of...

Lots of gooders out there, but so far, I keep coming back home.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,599
  • Sep 23, 2010 10:48pm Sep 23, 2010 10:48pm
Morning
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  • #255,600
  • Sep 23, 2010 11:05pm Sep 23, 2010 11:05pm
Quoting The Captain
Watch for sellers coming in at 5685 and 5697 to possibly send her back to 5600.
Well looks like I was 1 pip off with my entry. Hate it when that happens. SL at BE now, see how low she'll go.
Cap
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