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Cable Update (GBPUSD)

  • #258,541
  • Oct 5, 2010 5:50am Oct 5, 2010 5:50am
Quoting Sunsi
Good point.
What do you think we can expect from NFP, and how do you think it will affect?
I Think it will take some volum to get a clean break of 1.5869.

Likely range 1.5863-1.5895. Thoughts?

Nah, likely range is 1.5895 - 5780...

I'm already short and have a lower low and a lower high on H4 which seems to point to South bound train to test 5750? Still have a LTL which has been greatly respected on H4...
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@pawpaw1000 on Twitter
  • #258,542
  • Oct 5, 2010 5:50am Oct 5, 2010 5:50am
Quoting ChowClown
Nice trading WD - 30th Sept supply zone playing ball for you.
Thanks. :-)
Dan TheMan
  • #258,543
  • Oct 5, 2010 5:52am Oct 5, 2010 5:52am
15m view
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  • #258,544
  • Oct 5, 2010 5:52am Oct 5, 2010 5:52am
Quoting WanderingDan
Very good point.

Watch out for the downward short term spike after the US opens.
Otherwise, it's anyone's guess.
Hoping for that, got my shorts on...

long on Loony as we have a great RR with s/l just below previous lows, H4 range (at bottom now) and my m15 has 2 pinbars...

let's see...
@pawpaw1000 on Twitter
  • #258,545
  • Oct 5, 2010 5:53am Oct 5, 2010 5:53am
Quoting pawpaw1000
Nah, likely range is 1.5895 - 5780...

I'm already short and have a lower low and a lower high on H4 which seems to point to South bound train to test 5750? Still have a LTL which has been greatly respected on H4...
Smart, short has been my playground so far today. :-)

Best of luck.
Dan TheMan
  • #258,546
  • Oct 5, 2010 5:58am Oct 5, 2010 5:58am
pretty nice triangle for me...

still holding small short position, but waiting for breakout either way...
because of NFP looking to south.... but time will tell...
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  • #258,547
  • Oct 5, 2010 6:04am Oct 5, 2010 6:04am
Quoting Sunsi
Bad 1H close for bulls. Right on top of Y-day high.
Any candle close under and I am out.

5869 popped.

Don't be surprised to see 5830 soon.
I hope your SL is low enough to avoid any spikes that may happen.

I want you to suceed Sunsi, watch out for the US opening.
Dan TheMan
  • #258,548
  • Oct 5, 2010 6:05am Oct 5, 2010 6:05am
Quoting WanderingDan
5869 popped.

Don't be surprised to see 5830 soon.
I hope your SL is low enough to avoid any spikes that may happen.

I want you to suceed Sunsi, watch out for the US opening.
Ye. I have a line at .15863, if that one breaks I am out!
  • #258,549
  • Oct 5, 2010 6:06am Oct 5, 2010 6:06am
My wife is currently sitting on the toilet, laptop in hand, trading on EUR/GBP whilst taking her daily c**p.

Where's the romance these days????
Dan TheMan
  • #258,550
  • Oct 5, 2010 6:07am Oct 5, 2010 6:07am
entered long@5865 sl5840 TP1 5900

reasons:
38,2fibo of up move
resistence on h1 which turn into support
touch of downward TL which was broken
  • #258,551
  • Oct 5, 2010 6:07am Oct 5, 2010 6:07am
Quoting Sunsi
Ye. I have a line at .15863, if that one breaks I am out!
Well played. :-)
Dan TheMan
  • #258,552
  • Oct 5, 2010 6:09am Oct 5, 2010 6:09am
Quoting WanderingDan
My wife is currently sitting on the toilet, laptop in hand, trading on EUR/GBP whilst taking her daily c**p.

Where's the romance these days????
Charming I'm sure
  • #258,553
  • Oct 5, 2010 6:09am Oct 5, 2010 6:09am
Quoting WanderingDan
Well played. :-)
Ya. Would like to have a 15min or higher timeframe to close below my 1.5869 line to confirm that my long position is no good.
Also USDX gettinh higher then 78.32 would be a bearish sign.
Until then I am sticking to my analysis.
The last 1h candle closed right at my 1.5869 line. So I am still in.
But I am having my close button nearby.
  • #258,554
  • Oct 5, 2010 6:09am Oct 5, 2010 6:09am
Quoting WanderingDan
My wife is currently sitting on the toilet, laptop in hand, trading on EUR/GBP whilst taking her daily c**p.

Where's the romance these days????
  • #258,555
  • Oct 5, 2010 6:10am Oct 5, 2010 6:10am
Quoting WanderingDan
My wife is currently sitting on the toilet, laptop in hand, trading on EUR/GBP whilst taking her daily c**p.

Where's the romance these days????
Sounds Great!

I'd love to find me a girl that trades Forex though! Gives us alot in common
@pawpaw1000 on Twitter
  • #258,556
  • Oct 5, 2010 6:11am Oct 5, 2010 6:11am
Quoting WanderingDan
My wife is currently sitting on the toilet, laptop in hand, trading on EUR/GBP whilst taking her daily c**p.

Where's the romance these days????
Oh and she arranged, via MSN, to have dinner with some friends of ours tomorrow night.

So, to recap:

Morning c**p, trading EUR/GBP, arranged lasagne with friends tomorrow evening.

Anyone else have such a wife?

Who says romance is dead??? :-/
Dan TheMan
  • #258,557
  • Oct 5, 2010 6:13am Oct 5, 2010 6:13am
Quoting pawpaw1000
Sounds Great!

I'd love to find me a girl that trades Forex though! Gives us alot in common
yeah, she's a good trader -20% a month is her average.

Stunning to look at, romance died soon after marriage :-/

Bundle of laughs though :-)
Dan TheMan
  • #258,558
  • Oct 5, 2010 6:14am Oct 5, 2010 6:14am
Quoting WanderingDan
yeah, she's a good trader -20% a month is her average.

Stunning to look at, romance died soon after marriage :-/

Bundle of laughs though :-)
haha... well, at least she is stunning
@pawpaw1000 on Twitter
  • #258,559
  • Oct 5, 2010 6:19am Oct 5, 2010 6:19am
Quoting pawpaw1000
haha... well, at least she is stunning
Yep, it's what keeps me going.

That and the 20% a month that she puts in the coffers :-)

She's a great girl really, just not sure I am fond of her chatting on MSN, trading and sitting on the c**pper.
Sometimes makes me laugh, sometimes makes my eyes roll.

:-)
Dan TheMan
  • #258,560
  • Oct 5, 2010 6:20am Oct 5, 2010 6:20am
Why do you think NY open could give a spike down?
The stocks are esimated to open in profit which should make the dollar go down or?
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