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Cable Update (GBPUSD)

  • #257,001
  • Sep 29, 2010 6:24am Sep 29, 2010 6:24am
Quoting cloggie
All valid, no surprises yet today.

Dag, did I keep you out of a silly trade at least?
Hi Cloggie

Will we still see the end of Month 'sell offs'.........??????
  • #257,002
  • Sep 29, 2010 6:26am Sep 29, 2010 6:26am
Quoting AdrianHNV
Hi Cloggie

Will we still see the end of Month 'sell offs'.........??????

No just buying in EG due to UK payment, EG moved to schedule today.
  • #257,003
  • Sep 29, 2010 6:27am Sep 29, 2010 6:27am
Quoting master4forex
http://img195.imageshack.us/img195/9287/h4shc8.jpg
Dude I see you do alot of trading analysis on this thread.

The odd humour is also good to keep the thread light hearted and fun but your taking the piss.

Don't be seen as a clown mate.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #257,004
  • Sep 29, 2010 6:27am Sep 29, 2010 6:27am
Quoting nAVIN2007
day b4 yesterday..we had a tweezer top yesterday was meant to be a down day, got it..but the body of yesterday dailly is contained in the range of the previous..shows me..weakness to the downside

for me i cant take a chance shorting cause i believe the direction is up..but it positioned itself to go either way..which is probably why u shorted
No, I didn't short for this move! The bl**dy brokers, same ones as yours, would not let me close on the fed news night. About 18 requotes and invalid prices until my scalping shorts were all in a loss. Had longs as well so no big loss but I was supposed to be long for the news not neutral. Now as I have not booked a loss for so long I refuse to close and break my record. Mental note to change brokers when this is all over.
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  • #257,005
  • Sep 29, 2010 6:27am Sep 29, 2010 6:27am
Quoting Bull_Bear

Don't be seen as a clown mate.

Too late.
  • #257,006
  • Sep 29, 2010 6:29am Sep 29, 2010 6:29am
Quoting cloggie
Too late.
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  • #257,007
  • Sep 29, 2010 6:32am Sep 29, 2010 6:32am
Quoting Bull_Bear
It's possible that it's a short story for now guys. I think that Polly really F#@K#D things for us BULLS yesterday. I'm currently rdiding her short from 1.5822 looking for 1.5700 possibly 1.5650.
Good Luck mate.. this PA killin me..
  • #257,008
  • Sep 29, 2010 6:32am Sep 29, 2010 6:32am
didn't close below my 5780 level... still not convinced we turning South...
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@pawpaw1000 on Twitter
  • #257,009
  • Sep 29, 2010 6:33am Sep 29, 2010 6:33am
Quoting Uphios
No, I didn't short for this move! The bl**dy brokers, same ones as yours, would not let me close on the fed news night. About 18 requotes and invalid prices until my scalping shorts were all in a loss. Had longs as well so no big loss but I was supposed to be long for the news not neutral. Now as I have not booked a loss for so long I refuse to close and break my record. Mental note to change brokers when this is all over.
oh damn!
  • #257,010
  • Sep 29, 2010 6:34am Sep 29, 2010 6:34am
The drop gives up 61.8% and more of the 5718-5875 recovery following yesterday's 5895-5817 fall...currebntly finding some buyers at the 4hr ascending trend line, replicated on the 1hr chart below....below here and the unbreeched 76.4% fib of the 5717-5875 move as well as the previous 1hr/4hr swing hi/lo zone leading down to yesterday's lows.

G/L
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ex member
  • #257,011
  • Sep 29, 2010 6:38am Sep 29, 2010 6:38am
that guy yesterday screwed things up..pound is being sold..but so is dollar..so now how we supposed to know which is stronger

hence the indecision
  • #257,012
  • Sep 29, 2010 6:39am Sep 29, 2010 6:39am
Quoting mloistianto
Good Luck mate.. this PA killin me..
M how u mate?

Yup been pretty srewed up PA. All other major pairs was pretty smooth sailing for me yesterday except for cable. I'm sure we all took a hit so some degree mate. Stupid polly saying things that was unexpected.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #257,013
  • Sep 29, 2010 6:40am Sep 29, 2010 6:40am
If H1 closes like this, then it might be looking long again just to the top of the range...
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@pawpaw1000 on Twitter
  • #257,014
  • Sep 29, 2010 6:41am Sep 29, 2010 6:41am
Quoting Bull_Bear
M how u mate?

Yup been pretty srewed up PA. All other major pairs was pretty smooth sailing for me yesterday except for cable. I'm sure we all took a hit so some degree mate. Stupid polly saying things that was unexpected.

It is fair to say that most of us took a hit on that one, I surely did. Utter madness that we have him putting the boot in only for Sentance to attempt to negate everything he said. And now the market is not so sure anymore on intermediate direction. We have dollar selling of slowly and Sterling just attracting small bids.
  • #257,015
  • Sep 29, 2010 6:41am Sep 29, 2010 6:41am
Quoting Uphios
If the Pipchick inverse H&S plays out that would indicate about 200 pips up from here, approx 1.60.

I will add longs if it breaks that upper trendline at 1.5875 missing about half of the move if it happens.
Hi Uphios,
Is this h1 HS the one you are talking about? It came pretty close to the HS target and the h4 has completed the AB=CD pattern. But price didnt test the NL (unless my NL is off a bit) so it could test it and bounce from there.
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  • #257,016
  • Sep 29, 2010 6:42am Sep 29, 2010 6:42am
Quoting nAVIN2007
that guy yesterday screwed things up..pound is being sold..but so is dollar..so now how we supposed to know which is stronger

hence the indecision
NAV keep tearing your hair out mate and you sson go bold
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #257,017
  • Sep 29, 2010 6:42am Sep 29, 2010 6:42am
Quoting Bull_Bear
It's possible that it's a short story for now guys. I think that Polly really F#@K#D things for us BULLS yesterday. I'm currently rdiding her short from 1.5822 looking for 1.5700 possibly 1.5650.

thinking to find the 1.55
  • #257,018
  • Sep 29, 2010 6:43am Sep 29, 2010 6:43am
Quoting cloggie
It is fair to say that most of us took a hit on that one, I surely did. Utter madness that we have him putting the boot in only for Sentance to attempt to negate everything he said. And now the market is not so sure anymore on intermediate direction. We have dollar selling of slowly and Sterling just attracting small bids.
I noticed that too about the DX cloggie. Could be a little complicated at the moment.
  • #257,019
  • Sep 29, 2010 6:45am Sep 29, 2010 6:45am
GJ is a bit easier to trade this morning.
  • #257,020
  • Sep 29, 2010 6:47am Sep 29, 2010 6:47am
Quoting cloggie
It is fair to say that most of us took a hit on that one, I surely did. Utter madness that we have him putting the boot in only for Sentance to attempt to negate everything he said. And now the market is not so sure anymore on intermediate direction. We have dollar selling of slowly and Sterling just attracting small bids.
Clog mate the damage is done now.

Once the mud water mixes takes time for the mud to settle for clear waters mate. I purely looking at tachnical rejection (refer to previous post) and trading base on that for now, eventually that will clear the muddy waters.
Veni, Vidi, Vici (We came, we saw, we conquered)
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