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Cable Update (GBPUSD)

  • #255,701
  • Sep 24, 2010 2:59am Sep 24, 2010 2:59am
Quoting egkid
Bad boy ur greedy want buy in dip of dips lol
I just took a nibble here mango...

Reloaded a single on dragon as well..

Price a little dodgey for multis on this...leaving euro alone for a few moments.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,702
  • Sep 24, 2010 3:02am Sep 24, 2010 3:02am
Quoting chazzle
Hedging my short with a binary "one-touch" if it hits 15800 I get about 180 pips,cost me 25-I can sell it any time
if u are so confident selling " at anytime" why are u buying? i dont understand am confused
  • #255,703
  • Sep 24, 2010 3:03am Sep 24, 2010 3:03am
Quoting Magix
I just took a nibble here mango...

Reloaded a single on dragon as well..

Price a little dodgey for multis on this...leaving euro alone for a few moments.
Awe Shit!

Shoulda took the Euros too!

DAMMIT!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,704
  • Sep 24, 2010 3:03am Sep 24, 2010 3:03am
Quoting pawpaw1000
I got in short at 1.5670 with s/l above 1.5700 and t/p not usre yet, maybe 5600? Just closed for -15... things looking strange. Not trading this yet... cheers

1min led the way for me with a bearish div reversal set-up but I got out ahead of that german IFO data at 0900am uk time, which has seen eurusd rise and dragged cable with it...

G/L

http://www.easy-upload.net/fichiers/...1092410237.gif
ex member
  • #255,705
  • Edited 3:18am Sep 24, 2010 3:13am | Edited 3:18am
Quoting nAVIN2007
if u are so confident selling " at anytime" why are u buying? i dont understand am confused
Hi Navin,my binary is at breakeven now-if spot rate continues to rise the binary goes up into profit-If I don't think we will touch 15800 and price comes close-I can still sell for profit,thats what I was trying to say.

The binary covers up to 35% of my potential drawdown

I still favour a double top on the 4H-but not 100% confident-trying to expresss that opinion with this trade.

If spot falls-I lose the 25 pip premium on the binary but my short goes into profit
  • #255,706
  • Sep 24, 2010 3:14am Sep 24, 2010 3:14am
Quoting nAVIN2007
if u are so confident selling " at anytime" why are u buying? i dont understand am confused
Hey bro
How r u? hope all fine.
BTW i work on something for while and i success 4 time but waiting my 5 time to know it's coincidence or true i did it.
But don't laugh...
Do u think anyone can crack time & PA?
  • #255,707
  • Sep 24, 2010 3:20am Sep 24, 2010 3:20am
Quoting bbmac
1min led the way for me with a bearish div reversal set-up but I got out ahead of that german IFO data at 0900am uk time, which has seen eurusd rise and dragged cable with it...

G/L

http://www.easy-upload.net/fichiers/...1092410237.gif

come on dude you post your charts 4 times in one 1 page , srsly come on... its like soccer live reporter
  • #255,708
  • Sep 24, 2010 3:25am Sep 24, 2010 3:25am
Quoting dil
come on dude you post your charts 4 times in one 1 page , srsly come on... its like soccer live reporter

I suggest you put me on ignore if I upset you that much...frankly, you are getting boring so I will be heading my own advice with you.
ex member
  • #255,709
  • Sep 24, 2010 3:25am Sep 24, 2010 3:25am
how many stops do you guys think are right about 1.5700?
check out my blog: forexmademillionaire dot com
  • #255,710
  • Sep 24, 2010 3:26am Sep 24, 2010 3:26am
above H1 R and H4 S
  • #255,711
  • Sep 24, 2010 3:27am Sep 24, 2010 3:27am
Quoting bbmac
I suggest you put me on ignore if I upset you that much...frankly, you are getting boring so I will be heading my own advice with you.
dont post that much
  • #255,712
  • Sep 24, 2010 3:29am Sep 24, 2010 3:29am
free money trade on close of that 0900 Uk time 5min candle in eurusd on reaction to that German IFO data, a master bullish engulfing thrust candle that engulfed last 40+ 5min candle bodies and also closed above last LH on that t/f as well as last swing Hi x 2 zone....Nice hi-probability trade
Attached Image
ex member
  • #255,713
  • Sep 24, 2010 3:44am Sep 24, 2010 3:44am
Quoting bbmac
price finding supply at the50% of the 5741-5640 fall and 1st 1/2 of the previous 1hr swing hi zone...How strong are the bulls ?? Time will tell.

Fresh supply at the 61.8% of the 5741-5640 sees a further drop down....now toward the 50% of the 5640-5704 pullback rise

G/L
ex member
  • #255,714
  • Sep 24, 2010 3:51am Sep 24, 2010 3:51am
As correlations go...

It would seem that Dragon pushing for rollover, which happens to be at hourly 200EMA...Cable losing steam and heading back to 30m 200EMA...

If we get there...might make for a nice dead cat bounce.
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,715
  • Sep 24, 2010 4:05am Sep 24, 2010 4:05am
Quoting Magix
As correlations go...

It would seem that Dragon pushing for rollover, which happens to be at hourly 200EMA...Cable losing steam and heading back to 30m 200EMA...

If we get there...might make for a nice dead cat bounce.
arent the longs in favor for the moment (gu)
  • #255,716
  • Sep 24, 2010 4:07am Sep 24, 2010 4:07am
I am bullish for cable. target 1.5750, 1.5820, 1,6

1H candle closes above DP
10,20 MA`s supporting the price
created Hhigh, Llow
100 EMA support holds
respect upward TL
  • #255,717
  • Sep 24, 2010 4:09am Sep 24, 2010 4:09am
Quoting bbmac
free money trade on close of that 0900 Uk time 5min candle in eurusd on reaction to that German IFO data, a master bullish engulfing thrust candle that engulfed last 40+ 5min candle bodies and also closed above last LH on that t/f as well as last swing Hi x 2 zone....Nice hi-probability trade
This is horses for courses and I don't trade 5 min but, announcements aside and purely off the chart I don't see that as a hi probability entry, it has a long way to fall for indeterminate reward. What size stop are we talking on that? This is the way I see it:

http://i1236.photobucket.com/albums/...er20engulf.gif
  • #255,718
  • Sep 24, 2010 4:10am Sep 24, 2010 4:10am
Quoting huskyboy
arent the longs in favor for the moment (gu)
Only kinda....

In 12 hours, we haven't seen 20 pips above roll over...

We are walking into overbought territory with a macd on the slide....and haven't really moved up...at all...

We have seen more down then up so far today and we are only just holding above open...

Anything can happen.

Hey, I'm not selling, still bull minded, but I like to see where the next support might be if we go a tumbling again.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,719
  • Sep 24, 2010 4:10am Sep 24, 2010 4:10am
cable still needs to do some retest at lower levels,then is possible can go up.
  • #255,720
  • Sep 24, 2010 4:11am Sep 24, 2010 4:11am
Attached Image (click to enlarge)
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