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Cable Update (GBPUSD)

  • #262,861
  • Nov 2, 2010 1:33pm Nov 2, 2010 1:33pm
I think you mean 6038..? Thank you sir!
Cheers
Quoting cloggie
6021 is the pivot of the 6038-6006 range that has been in play all afternoon so yes that is what is keeping us up here, a good break on 4038 on fibre will nudge Cable along
  • #262,862
  • Nov 2, 2010 1:34pm Nov 2, 2010 1:34pm
Quoting Chillypiper
I think you mean 6038..? Thank you sir!
Cheers

No I mean what I write, 4038. that refers to fibre as your trigger for Cable. There is rarely ambiguity in my posts.
  • #262,863
  • Nov 2, 2010 1:35pm Nov 2, 2010 1:35pm
I've been reading your posts for the past hour, really good stuff chaps! Made me some money. Have a good night.
  • #262,864
  • Nov 2, 2010 1:36pm Nov 2, 2010 1:36pm
Quoting PIPMunch
Made me some money. Have a good night.

And that is the only thing that matters here. It ain't rocketscience
  • #262,865
  • Nov 2, 2010 1:39pm Nov 2, 2010 1:39pm
Quoting cloggie
6021 is the pivot of the 6038-6006 range that has been in play all afternoon so yes that is what is keeping us up here, a good break on 4038 on fibre will nudge Cable along
Cloggie

Been a frequent reader here but 1st post. Certainly some very knowledgeable people.

Just a question, where did you get the afternoon pivots of 6021 and 4038 - is it from your own charting?

Thanks
  • #262,866
  • Nov 2, 2010 1:56pm Nov 2, 2010 1:56pm
Quoting cloggie
I am looking at the same thing from a level point of view, just trying to filter out the noise here, we could see quite a few test as SR's of 4038 for a while I am eyeballing the 15 for a good momentum bar to jump on down to 4007/4015.

With thin volumes this late in the day it will be a bit of a corkscrew ride down and will fake the retailers quite a bit.

I tried to do the same thing yesterday on the fibre thread but they were only interested in a few loudmouths trading for 1 pip scalps.
HEHE Cloggs...

Mate, the fibre thread has only noobs and maybe 3 proper traders. I don't hang around there much but I do pop along here sometimes to get some wisdom... Got in short at 2 levels on fibre, 1.4015 and 1.4040... large s/l as I don't wanna be faked out and I'm pretty sure we will see at least 1.4000 which allows me to go break even and the next level I've got is 1.3950... Ultimate target will be 1.3885!

Hope alls well here?
@pawpaw1000 on Twitter
  • #262,867
  • Nov 2, 2010 1:57pm Nov 2, 2010 1:57pm
Looks like cable is back to the previous status quo - being weake than euro. It doesnt need any favours from eu anymore
  • #262,868
  • Nov 2, 2010 2:00pm Nov 2, 2010 2:00pm
The REAL reason Euro is nicknamed Fiber
Sources of fiber are usually divided according to whether they are water-soluble or not. Insoluble fiber possesses passive water-attracting properties that help to increase bulk, soften stool and shorten transit time through the intestinal tract. Soluble fiber undergoes metabolic processing via fermentation, yielding end-products with broad, significant health effects.

Some sources of soluble fiber are peas, beans, oats, apples and carrots. Sources of insoluble fiber include whole wheat, corn bran, and Euros.

So eat a bowl of Euros for breakfast every day. They'll keep you regular.

It's tough being a Noob.....My apology's.

Quoting cloggie
No I mean what I write, 4038. that refers to fibre as your trigger for Cable. There is rarely ambiguity in my posts.
  • #262,869
  • Nov 2, 2010 2:01pm Nov 2, 2010 2:01pm
so those pivots arent correct ? (3 different indy's)
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  • #262,870
  • Nov 2, 2010 2:07pm Nov 2, 2010 2:07pm
Quoting cloggie
No I mean what I write, 4038. that refers to fibre as your trigger for Cable. There is rarely ambiguity in my posts.
Sneaky effing euro...

Build a little support on the 1m to bring it back on up.

Was waiting for the down trigger, not so sure I gunna be getting it, might just keep on longs....
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #262,871
  • Nov 2, 2010 2:08pm Nov 2, 2010 2:08pm
Anyone keen on talking about the QE 2 announcement?

I reckon the market has worked in about $1 trillion... if it is more than this, dollar fails and if it is less than this, we could see a rally!

On the election front, if republicans win we might see a small rally in stocks (as many believe they can help the economy) whihc should result in weaker dollar?
@pawpaw1000 on Twitter
  • #262,872
  • Nov 2, 2010 2:20pm Nov 2, 2010 2:20pm
Quoting huskyboy
so those pivots arent correct ? (3 different indy's)

If the question is addressed to me, there is not a lot wrong with them, I have 60456, however I tend to continuously recalculate the pivots based on sessions and time of day to give me levels to use as reversals and triggers
  • #262,873
  • Nov 2, 2010 2:21pm Nov 2, 2010 2:21pm
Quoting gstrange
- is it from your own charting?

Thanks

Yes it is, I run a seperate raw datafeed for my calculations
  • #262,874
  • Nov 2, 2010 2:29pm Nov 2, 2010 2:29pm
5m support on deck for cable, we could see a little topside push here.

Chance long...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #262,875
  • Nov 2, 2010 2:31pm Nov 2, 2010 2:31pm
Quoting Magix
5m support on deck for cable, we could see a little topside push here.

Chance long...

As foretold:

Quoting cloggie
6021 is the pivot of the 6038-6006 range
You must have one of your MA's as the trigger here, just make sure it drives it your way.


Am not going to trade it though I still got the yooro short going.
  • #262,876
  • Nov 2, 2010 2:36pm Nov 2, 2010 2:36pm
Quoting pawpaw1000
HEHE Cloggs...

Mate, the fibre thread has only noobs and maybe 3 proper traders. I don't hang around there much but I do pop along here sometimes to get some wisdom...

This is what I got there yesterday:

Quoting chonchy
if you will have a PM where I can tell you realy what I wish to tell you, or give an address where i can go some day in UK and sweep the floor with you, oh man you just don't know how bad I want you now.......http://cdn.forexfactory.com/images/s.../notworthy.gif
Quoting chonchy

I'm just wishing here to grab a plain and land in UK, look you up and cut you into little tiny pieces..........
Quoting oolides
Fuck you Cloggie That old fool called cloggie is just an old senile piece of shit who probably lost so much money over the last 20 years he is so frustrated at youngies earning a living.I never post here but have been seeing him ranting all morning.
Take your fucking old rugged fat arse and bald head off this thread before i come beat the crap out of your old fucking brains.....and leave chonchy alone.,,
Freaking arsewipe............
The fibre thread is filled with thugs out to get others to join them on the road to ruin and failure.
  • #262,877
  • Nov 2, 2010 2:38pm Nov 2, 2010 2:38pm
Quoting cloggie
As foretold:



You must have one of your MA's as the trigger here, just make sure it drives it your way.


Am not going to trade it though I still got the yooro short going.
Hate guessing tops n bottoms, BUT....

We have been triggering nicely off 5m support for the last few hours, don't see why we shouldn't again....Would like to see one more attack at daily roll...if I see that, there be a good likelihood I hold onto this one for a while longer.

Finger on exit...no biggie if she don't dance.

Oops, heres the chart....
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #262,878
  • Nov 2, 2010 2:42pm Nov 2, 2010 2:42pm
gbp/usd long massive buys
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  • #262,879
  • Nov 2, 2010 2:44pm Nov 2, 2010 2:44pm
Quoting cloggie
This is what I got there yesterday:







The fibre thread is filled with thugs out to get others to join them on the road to ruin and failure.
Well, you know people are always hard core on the web, until they have to actually talk infront of people I'd like to see some of these people in real life! could be funny
@pawpaw1000 on Twitter
  • #262,880
  • Nov 2, 2010 2:46pm Nov 2, 2010 2:46pm
Quoting Robot
gbp/usd long massive buys
won't hurt to wait for the breakout, tho that bottleneck does look like price is likely to test earlier lows ..
Thank You
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