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Cable Update (GBPUSD)

  • #262,241
  • Oct 28, 2010 10:30am Oct 28, 2010 10:30am
Quoting wormboy
massive pin on the H4 close as well, this sucker best not be playing
damn i'm so sleepy, i'm shorting now, evening star may bless the bear.... good night worm boy, good night everyone.....
yesterday was good, today is the best, tomorrow is amazing.....
  • #262,242
  • Oct 28, 2010 10:32am Oct 28, 2010 10:32am
Quoting darrenware
Nice Pin on 1h and one forming on 4h

Gone short @ 1.5926 TP @ 1.5900
some timing you pick mate. wouldn't hurt to wait to see if that ltl goes ...

btw, no stops?
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Thank You
  • #262,243
  • Oct 28, 2010 10:32am Oct 28, 2010 10:32am
Quoting darrenware
Nice Pin on 1h and one forming on 4h

Gone short @ 1.5926 TP @ 1.5900
And a H&S forming on m5/m15 too. Most timeframes are bearish!
  • #262,244
  • Oct 28, 2010 10:32am Oct 28, 2010 10:32am
Quoting danielabas
damn i'm so sleepy, i'm shorting now, evening star may bless the bear.... good night worm boy, good night everyone.....
have a good one mate
Thank You
  • #262,245
  • Oct 28, 2010 10:39am Oct 28, 2010 10:39am
Thanks for the heads up....hopefully its not a newbie mistake

SL @ 1.5956

Lesson learnt if it does not go my way though....cheers

Quoting wormboy
some timing you pick mate. wouldn't hurt to wait to see if that ltl goes ...

btw, no stops?
Enter Signature
  • #262,246
  • Oct 28, 2010 10:42am Oct 28, 2010 10:42am
Wormboy....some advice please would you have waited until around 915 or lower?


Quoting wormboy
some timing you pick mate. wouldn't hurt to wait to see if that ltl goes ...

btw, no stops?
Enter Signature
  • #262,247
  • Oct 28, 2010 10:42am Oct 28, 2010 10:42am
Quoting darrenware
Thanks for the heads up....hopefully its not a newbie mistake

SL @ 1.5956

Lesson learnt if it does not go my way though....cheers
well I hope it goes your way tho, I really do. coz I'm short too

all the best my friend!
Thank You
  • #262,248
  • Oct 28, 2010 10:45am Oct 28, 2010 10:45am
Quoting trending


Don't really care if it goes up to 1.65 or 1.53. Just unhappy with those who are so sure about it and posting stupid pictures and videos.

Read my nick.


just put them in ur ignore list...especially myself..that it ..simple...

opss...where we are? H4..opss...

Happy weekend n enjoys ur trade...

chow

g
  • #262,249
  • Oct 28, 2010 10:46am Oct 28, 2010 10:46am
I did not see this either...i need to start looking at my charts in more detail and all TF's....cheers bbakker

Quoting bbakker
And a H&S forming on m5/m15 too. Most timeframes are bearish!
Enter Signature
  • #262,250
  • Oct 28, 2010 10:47am Oct 28, 2010 10:47am
Quoting darrenware
Wormboy....some advice please would you have waited until around 915 or lower?
well, I personally did not wait as I have 2 standing positions @919 which was taken on the first divergence & the second @968 as that was close to the 3rd daily resistance.
But If I was you, I would have waited for 915 to clear because you're scalping & the margin of error must be small, so a confirmation of that ltl break would help.
Thank You
  • #262,251
  • Oct 28, 2010 10:50am Oct 28, 2010 10:50am
Quoting wormboy
well, I personally did not wait as I have 2 standing positions @919 which was taken on the first divergence & the second @968 as that was close to the 3rd daily resistance.
But If I was you, I would have waited for 915 to clear because you're scalping & the margin of error must be small, so a confirmation of that ltl break would help.
Really appreciate your reply...thanks
Enter Signature
  • #262,252
  • Oct 28, 2010 11:02am Oct 28, 2010 11:02am
One down... Wormie's tl broken and the stubborn 1.5918, and now one to go... route 909. I had it as 904 and I will be very happy to see that one go... because there is lots of air down below so to speak!

It has only gone and found support on the 24ema on m15...lol
  • #262,253
  • Oct 28, 2010 11:12am Oct 28, 2010 11:12am
Quoting grashid


just put them in ur ignore list...especially myself..that it ..simple...

opss...where we are? H4..opss...

Happy weekend n enjoys ur trade...

chow

g
Good day to you,

I hammered the 4hr bar back for you guys... now you need to take it further.

Regards
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  • #262,254
  • Edited 12:15pm Oct 28, 2010 11:26am | Edited 12:15pm
Will the pound find support on the red line ?

Saying that if this holds where it is we could see asia take it up more.
Attached Image (click to enlarge)
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I need to finish something i started
  • #262,255
  • Oct 28, 2010 11:34am Oct 28, 2010 11:34am
Quoting bigwal
Will the pound find support on the red line ?
I dunno... but at this rate, I'm going to be all bones and no meat... lol
  • #262,256
  • Oct 28, 2010 11:40am Oct 28, 2010 11:40am
http://www.marketwatch.com/story/qe2...oss-2010-10-27
  • #262,257
  • Oct 28, 2010 12:31pm Oct 28, 2010 12:31pm
Quoting Ifty
Get this ... I went short last week at 1.5975 for a long term trade keeping an eye on the daily and hoping to get to at least 1.53. Didn't bother to exit at 1.5650 thinking that it would make me strong minded like Nav and test my patience. Well from +325 to 0. Although I have been doing my normal 15 min scalping as well. No more swinging for me as I am simply crap at it.
Greed and hope at its finest..... I know the feeling. I've seen vacations vanish right before my eyes. Now I've set thresholds accordingly. If up 100, I will keep at least 50. if up 200 I will at least keep 100, if up 300 I will at least keep 200.
  • #262,258
  • Oct 28, 2010 12:45pm Oct 28, 2010 12:45pm
Does not want to break that trendline !
Enter Signature
  • #262,259
  • Oct 28, 2010 12:46pm Oct 28, 2010 12:46pm
Chart
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Enter Signature
  • #262,260
  • Oct 28, 2010 12:54pm Oct 28, 2010 12:54pm
Quoting darrenware
Does not want to break that trendline !
Just shows how powerful it is.
Enter Signature
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