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Cable Update (GBPUSD)

  • #261,921
  • Oct 26, 2010 11:34am Oct 26, 2010 11:34am
Quoting witsnpips
love the rainbow.
lol, just my chart to see where its at on a little bigger picture
  • #261,922
  • Oct 26, 2010 11:36am Oct 26, 2010 11:36am
Quoting digger1
Ah no worries man , yellow box was my target , got close enough lol, grabbed a few looking to get back to the 5 min 200 , same area as todays R2 , ought to be good for a pop to there , err unless it isint Attachment
Cable is playing by magic numbers today dig. It skated 2 pips out of bounds so seems to have corrected on the support line, dropping 2 pips out of target....

In for the quickies here and Loving the Effin Dragon!

Dragon on 200 off the MA(X)...Schwing!
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,923
  • Oct 26, 2010 11:40am Oct 26, 2010 11:40am
Quoting Magix
Cable is playing by magic numbers today dig. It skated 2 pips out of bounds so seems to have corrected on the support line, dropping 2 pips out of target....

In for the quickies here and Loving the Effin Dragon!

Dragon on 200 off the MA(X)...Schwing!
No quickie in the dragon today it was buy and hold lol, looking mighty nice right now
  • #261,924
  • Oct 26, 2010 11:41am Oct 26, 2010 11:41am
Quoting digger1
No quickie in the dragon today it was buy and hold lol, looking mighty nice right now
Quoting Magix
I'm wanting a little GBP strength to help launch Dragon into her next 1000 pips topside. A little crush here and a little JPY weakness, I win on cable and take the dragon for a sweet ride!

But, agreeing with ya mal.

Seen your call last night on the 5780, almost on the button. Nicely done mango!


Said that to Mal yesterday...Watching it bounce just below yearly lows, looking for the next 1000pips out of a dragon set of longs...

Giver take....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,925
  • Oct 26, 2010 11:47am Oct 26, 2010 11:47am
Quoting Magix
Said that to Mal yesterday...Watching it bounce just below yearly lows, looking for the next 1000pips out of a dragon set of longs...

Giver take....
ha ha , I bought the open , took a little profit on the way thru the hourly 200 and holding the rest to see how far they can go .
  • #261,926
  • Oct 26, 2010 11:56am Oct 26, 2010 11:56am
Quoting digger1
ha ha , I bought the open , took a little profit on the way thru the hourly 200 and holding the rest to see how far they can go .
Should get a chance to reload at that same spot.

Looking for a little weakness on dragon here and an op for a couple counters.
Attached Image (click to enlarge)
Click to Enlarge Name: dragon.jpg Size: 49 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,927
  • Oct 26, 2010 12:13pm Oct 26, 2010 12:13pm
Quoting Magix
Should get a chance to reload at that same spot.

Looking for a little weakness on dragon here and an op for a couple counters.
Yea was shooting for my weekly H4 on this but may run out of steam a tad short lol
Attached Image (click to enlarge)
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  • #261,928
  • Oct 26, 2010 12:24pm Oct 26, 2010 12:24pm
Quoting digger1
Yea was shooting for my weekly H4 on this but may run out of steam a tad short lol Attachment
Damn dig...

She was 208 off the hop...even the dragon gotta take a breath once in a while.

Just loaded 2nd set o shorts, dragon. 129.06, stop this one if we close above 15m resist....
Attached Image (click to enlarge)
Click to Enlarge Name: 208.jpg Size: 206 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,929
  • Oct 26, 2010 1:00pm Oct 26, 2010 1:00pm
a bump @ the top of the flag
Attached Image (click to enlarge)
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  • #261,930
  • Oct 26, 2010 1:31pm Oct 26, 2010 1:31pm
lets go to short...
  • #261,931
  • Oct 26, 2010 3:14pm Oct 26, 2010 3:14pm
Quoting Lejumeau
hammer on 4hr we should see some momentum on the upside for the next few hour.
Bingo it work good on this one,

I presume that this hammer was significant because it happen at the bottom of a ranging market for last few bar also because we had a double bottom from last week wich give support for the upside.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 25oct10 4hrb.gif Size: 19 KB
  • #261,932
  • Oct 26, 2010 3:25pm Oct 26, 2010 3:25pm
Now this morning I did closed my buy for a 100pips profit,
But I did get back in a bit to early today when price seems to go back up after the first retracement.

But I still think it will retest the high or even take a new high into the asian session. we still see bullish momentum on the 4 hr an the daily closed.

I will see if this open trade will be a profit or a looser. I will keep my eyes close on it
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 26oct10 4hr.gif Size: 21 KB
  • #261,933
  • Edited 5:17pm Oct 26, 2010 4:44pm | Edited 5:17pm
cable itching to go up....I'm long 15843 of course will add to 15800ish

tp 159 area
  • #261,934
  • Oct 26, 2010 5:06pm Oct 26, 2010 5:06pm
big move is coming up ...
  • #261,935
  • Oct 26, 2010 5:34pm Oct 26, 2010 5:34pm
Attached Image (click to enlarge)
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  • #261,936
  • Oct 26, 2010 5:45pm Oct 26, 2010 5:45pm
So far gbp hold against the ausie selling pressure.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp usd 26oct10 5m.gif Size: 20 KB
Click to Enlarge Name: aussie.gif Size: 18 KB
  • #261,937
  • Oct 26, 2010 5:47pm Oct 26, 2010 5:47pm
up the cable
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  • #261,938
  • Oct 26, 2010 6:01pm Oct 26, 2010 6:01pm
I think i will keep my buy open for a bit more ..
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 26oct10 4hrb.gif Size: 21 KB
  • #261,939
  • Oct 26, 2010 6:13pm Oct 26, 2010 6:13pm
1.5860 is giving quite resistance hmm.. not so sure anymore it will break it.
  • #261,940
  • Oct 26, 2010 6:39pm Oct 26, 2010 6:39pm
still in the game..
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 26oct10 30m.gif Size: 23 KB
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