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Cable Update (GBPUSD)

  • #258,501
  • Oct 5, 2010 4:59am Oct 5, 2010 4:59am
An oldtime trendline crosses this candle at 1.5883. A hold over would be another good signal for bulls.
  • #258,502
  • Oct 5, 2010 5:00am Oct 5, 2010 5:00am
closing 2 positions for 20
  • #258,503
  • Oct 5, 2010 5:02am Oct 5, 2010 5:02am
Quoting wormboy
I can prove you wrong. I have bought cable a few times as well today. Also watching the remaining position open from safety
Good luck. Time for my jog.
I hope they prove fruitfall, I genuinely do.

I am a true believer that we all benefit from helping each other.

I will remain with my short view for now. I understand your conviction and can see evidence to support it, but my gut and whispers tells me to avoid longs, so i will keep to my 10/20 pip shorts, only entering when it's "safe" to do so.
Dan TheMan
  • #258,504
  • Oct 5, 2010 5:02am Oct 5, 2010 5:02am
??!!
Attached Image
ex member
  • #258,505
  • Oct 5, 2010 5:06am Oct 5, 2010 5:06am
Quoting bbmac
??!!
Hehe!
Are you in a trade sir?
  • #258,506
  • Oct 5, 2010 5:06am Oct 5, 2010 5:06am
Quoting bbmac
??!!
  • #258,507
  • Oct 5, 2010 5:06am Oct 5, 2010 5:06am
Not a bad morning!
Attached Image (click to enlarge)
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  • #258,508
  • Oct 5, 2010 5:07am Oct 5, 2010 5:07am


Quoting bbmac
??!!
not euphoria follower
  • #258,509
  • Oct 5, 2010 5:09am Oct 5, 2010 5:09am
Quoting chazzle
Not a bad morning!
Good job!
We might get a little cool of from profit taking around 1.5890 once again.
But I am still bullish!
TP1: 1.5900
Tp2. 15920
Tp3. 1.5960
tp4. Open
  • #258,510
  • Oct 5, 2010 5:10am Oct 5, 2010 5:10am
Quoting Sunsi
Hehe!
Are you in a trade sir?

I was in a long from that potential rbs area I posted earlier around yesterday's Hi ,...but flat now...not holding for a with trend follow thru to new hi's...have taken a small +10 profit, and better to book the gain now as I have to run out and now and no way I could sensibly get stop into b/e this soon with where price is now.

G/L
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Click to Enlarge Name: 1040 5min reentry 4.gif Size: 19 KB
ex member
  • #258,511
  • Oct 5, 2010 5:10am Oct 5, 2010 5:10am


Quoting Sunsi
Good job!
We might get a little cool of from profit taking around 1.5890 once again.
But I am still bullish!
TP1: 1.5900
Tp2. 15920
Tp3. 1.5960
tp4. Open
not euphoria follower
  • #258,512
  • Oct 5, 2010 5:13am Oct 5, 2010 5:13am
Quoting bbmac
??!!
Heya BB...

I also agree we should go up but we didn't break the previous high of 5923 so I wouldn't hold my breath just yet...

Looking for confirmation to short to bottom of this range on H4
@pawpaw1000 on Twitter
  • #258,513
  • Oct 5, 2010 5:13am Oct 5, 2010 5:13am
Quoting wormboy
I can prove you wrong. I have bought cable a few times as well today. Also watching the remaining position open from safety
Good luck. Time for my jog.
The Great One... Some Cable Guys, tend to forget that some people/persons grazed and still graze here while they were wearing dippers. So U can hold to thoughts and done bore this trend with MO without Charts and Indicators. Period!!

Wormie, let give to LONG... The Bulls are around the Corner.
  • #258,514
  • Oct 5, 2010 5:14am Oct 5, 2010 5:14am
Quoting iqyu5an
It is looking pretty decent at the moment!
I am watching trades closely. So i might close them earlier If I see something I dont like.
  • #258,515
  • Oct 5, 2010 5:14am Oct 5, 2010 5:14am
Quoting bbmac
??!!
Love it.

:-)
Dan TheMan
  • #258,516
  • Oct 5, 2010 5:16am Oct 5, 2010 5:16am
Quoting pawpaw1000
Heya BB...

I also agree we should go up but we didn't break the previous high of 5923 so I wouldn't hold my breath just yet...

Looking for confirmation to short to bottom of this range on H4

Hey, howsa it going ? - well I hope. I actually have no opinion on what price will do-for good reason, opinion is not my trading edge...I just play the edge when it sets-up and what happens next happens next...none of us know, all we have is our edge in the context on overall price action on the t/f's of interest to us and this gives us clues as to the greater probability or not...that is all.


Gotta run.

G/L
ex member
  • #258,517
  • Oct 5, 2010 5:16am Oct 5, 2010 5:16am
Wow!
-8 pips in 1 tick. That was pretty sick.
On the other hand. Can help us form a nice bullish Candle
Hoping 1.5869 holds
  • #258,518
  • Oct 5, 2010 5:17am Oct 5, 2010 5:17am
Quoting Reznik
The Great One... Some Cable Guys, tend to forget that some people/persons grazed and still graze here while they were wearing dippers. So U can hold to thoughts and done bore this trend with MO without Charts and Indicators. Period!!

Wormie, let give to LONG... The Bulls are around the Corner.

I have been at this game 17 years. With only a 1 year break to build a house and relax.

That said, I am still learning every day.
Dan TheMan
  • #258,519
  • Oct 5, 2010 5:17am Oct 5, 2010 5:17am
long again 15875
  • #258,520
  • Oct 5, 2010 5:20am Oct 5, 2010 5:20am
Thouched Y-Low once more.
Forming a tripple bottom on 30min timeframe.
What are your thoughts ?
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