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Cable Update (GBPUSD)

  • #264,861
  • Nov 22, 2010 10:57am Nov 22, 2010 10:57am
Quoting Magix
What was that sound?

The sound of another account breaking?

TIMBERRRRRRRRRRRRR.....

Way to dare the price to kill ya again donut boy!
  • #264,862
  • Nov 22, 2010 11:05am Nov 22, 2010 11:05am
Quoting fuse
+150 pips on this trade. I'm waiting now to see if I go can long at 1.5890. However I will definately wait for confirmation of a reversal before I go long. If no confirmation candle, I'll wait on the sidelines for now.
Well it has broken the M5/M15 short-term trendline therefore I'm already buying. Got it @ 1.59069
[+31 pips as of now]
  • #264,863
  • Nov 22, 2010 11:07am Nov 22, 2010 11:07am
Well I can't believe it... they gave me a promotion at work today! Considering I spent between February and May constantly on FF, I did made sure that my workload did not suffer too much.

As they had reached the Management quota of people in the team on the upper grade that I got today and with me being the second to last to join 7.5 years ago (most have been there 10 years) and with no sign of anyone leaving, I thought the only way to get this promotion was to slip some cyanide in one of my work colleagues' coffee... lol! I am glad that they have decided to do way with this quota system and my Manager thanked me for my hard work over the last few years. He didn't mention the lack of it this year, because he sure knows that I am trading!

This does mean I will be getting additional responsibilities and hence I have made the following decisions -

1. I will only be swing trading of the day charts on 27 pairs from now on.
2. My posting on FF will be much reduced to evening and weekends from now on as I will be getting more work starting with the User Acceptance Testing on the Service Level Management module.
3. As this is the cable thread, I will continue to post in priceaction's 'Trading Supply and Demand Zones' thread from now on, as I will be trading all pairs. http://www.forexfactory.com/showthread.php?p=4188882

Come in and say hello! I won't be gone from the cable thread forever and I will pop my head in here once in a while!

I also would like to add that some members on this thread, you know who you are! have also been of great help in my understanding of Forex trading and kudos to them for coming here every day to help others, yet they still get sheeeet thrown at them by the muppets!

As I stated when I first came to this thread, wheat and chaff, people... sort out the wheat from the chaff and you will be fine!

I wish you every success with your trading!
  • #264,864
  • Nov 22, 2010 11:11am Nov 22, 2010 11:11am
Quoting bbakker
Well I can't believe it... they gave me a promotion at work today! Considering I spent between February and May constantly on FF, I did made sure that my workload did not suffer too much.

As they had reached the Management quota of people in the team on the upper grade that I got today and with me being the second to last to join 7.5 years ago (most have been there 10 years) and with no sign of anyone leaving, I thought the only way to get this promotion was to slip some cyanide in one of my work colleagues' coffee... lol! I am glad that they...
Very well done brother, wishing you more success in the future (God Willing).
You've got to be IN IT to WIN IT!
  • #264,865
  • Nov 22, 2010 11:16am Nov 22, 2010 11:16am
Quoting Ifty
Very well done brother, wishing you more success in the future (God Willing).
Thanks Ifty, back at ya bro!
  • #264,866
  • Nov 22, 2010 11:20am Nov 22, 2010 11:20am
Quoting TauTrader
We also have the previous daily support zone starting @ 1.5883. If we enter into this area - we may settle and chop some wood - or have a rejection again.

further shorts will only be attempted below 1.5837.

1.5883 to 1.5837 may provide some range also.

Not saying much - am I?
Good day,

Departure north was a bit too quick for me.. long EU instead with a tight stop @ 1.3563

entered @ 1.3596 and 1.3600 off 4hr support. Scalpy.
Regards
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  • #264,867
  • Nov 22, 2010 11:23am Nov 22, 2010 11:23am
Quoting bbakker
Well I can't believe it... they gave me a promotion at work today! Considering I spent between February and May constantly on FF, I did made sure that my workload did not suffer too much.

As they had reached the Management quota of people in the team on the upper grade that I got today and with me being the second to last to join 7.5 years ago (most have been there 10 years) and with no sign of anyone leaving, I thought the only way to get this promotion was to slip some cyanide in one of my work colleagues' coffee... lol! I am glad that they...
Good day to you,

Sincere congrats!

Wish you health, wealth and happiness.

All the best!
  • #264,868
  • Nov 22, 2010 11:38am Nov 22, 2010 11:38am
Quoting TauTrader
Good day to you,

Sincere congrats!

Wish you health, wealth and happiness.

All the best!
Thanks TT! Your posts are a joy to read. Keep up the great work!
  • #264,869
  • Nov 22, 2010 12:44pm Nov 22, 2010 12:44pm
Quoting bbakker
Well I can't believe it... they gave me a promotion at work today!
Good man, good job, good posts.

Steve
The dream will never die
  • #264,870
  • Nov 22, 2010 12:56pm Nov 22, 2010 12:56pm
Quoting bbakker
Well I can't believe it... they gave me a promotion at work today! Considering I spent between February and May constantly on FF, I did made sure that my workload did not suffer too much.

As they had reached the Management quota of people in the team on the upper grade that I got today and with me being the second to last to join 7.5 years ago (most have been there 10 years) and with no sign of anyone leaving, I thought the only way to get this promotion was to slip some cyanide in one of my work colleagues' coffee... lol! I am glad that they...
Congrats on the Promotion Brian!

A couple extra bucks will most likely come in handy during the holiday season!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #264,871
  • Nov 22, 2010 1:02pm Nov 22, 2010 1:02pm
Quoting bbakker
Well I can't believe it... they gave me a promotion at work today!
Congrats! =D Keep that cyanide going!! XD

-------------------------------------

3 white soldiers on the H1
Attached Image
  • #264,872
  • Nov 22, 2010 1:22pm Nov 22, 2010 1:22pm
Cheers peeps! Cable thread is the best!
  • #264,873
  • Nov 22, 2010 1:43pm Nov 22, 2010 1:43pm
You have set the bar. Enjoy.
All systems of divination, like music itself,work through patterns.
  • #264,874
  • Nov 22, 2010 2:07pm Nov 22, 2010 2:07pm
We will be having a breakout on the daily soon so keep tight stops and make sure you are in it the right way guys.
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Please ask questions and share your experiences with us all!
  • #264,875
  • Nov 22, 2010 2:16pm Nov 22, 2010 2:16pm
I have two 4hr charts here, one just shows are far back the green trendline goes back that we are currently close to. The other is the same chart zoomed in and it shows the nice pin we just had on the last 4hr close so maybe long from here. once again whichever way you play it I would keep a tight stop loss!!
Attached Image(s) (click to enlarge)
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Please ask questions and share your experiences with us all!
  • #264,876
  • Nov 22, 2010 2:26pm Nov 22, 2010 2:26pm
Morning, nigth and evening all

USDX-DJ-GU

Rgds,iqyu
Old Bias
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not euphoria follower
  • #264,877
  • Nov 22, 2010 2:27pm Nov 22, 2010 2:27pm
76.4% fib of 5837-6093 is where cable has based and pulled back follwoing the fall today from a 6083 Hi....under this 5898 lo the ascending daily trend line/channel bottom on that t/f which tomorrow may come through above the 1hr swing lo zone extablished there now.

Current 1hr near-term screenshot below.

G/L

http://www.easy-upload.net/fichiers/...1122232717.gif
ex member
  • #264,878
  • Nov 22, 2010 3:56pm Nov 22, 2010 3:56pm
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might just scalp it
  • #264,879
  • Nov 22, 2010 4:14pm Nov 22, 2010 4:14pm
possible re-entry area for the current short-term uptrend
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  • #264,880
  • Nov 22, 2010 4:57pm Nov 22, 2010 4:57pm
Quoting z3r0
possible re-entry area for the current short-term uptrend
Keep in mind we are below daily roll over, 5m 200ema and in a sell cycle. There was a low created after London Closed, I would think that we will fill back down to bottom before buying up to London Close. From there, most likely tankersville...Titanic type shit.

Just a thought, am currently short and will hold until I see a really good reason to not be.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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