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Cable Update (GBPUSD)

  • #265,081
  • Nov 24, 2010 4:09am Nov 24, 2010 4:09am
Quoting Ifty
Always advisable to follow the trend which obviously is down overall. The problems in North Korea are also boosting the dollar so sudden big drops can easily occur so only SELLING for me.


thats the problem..im so believed in trendline ..but when its breakout..
what i can do is just watching...lol
  • #265,082
  • Nov 24, 2010 4:17am Nov 24, 2010 4:17am
Thats why i posted the 5 min . i cant stand sitting on my hands lol
All systems of divination, like music itself,work through patterns.
  • #265,083
  • Nov 24, 2010 4:18am Nov 24, 2010 4:18am
Quoting Ifty
I know it's possible to scalp long but I refuse to BUY ... simple. I will not will not will not buy GU as any more attacks from North Korea after which a retalisation from South Korea will send GU into freefall. I would rather ride down the falling knife than try to go UP against it. I am not a fundy or anything but SELLING is all I am prepared to do. Good luck.

Thanks really funny. Tell me, who are you trying to convince? Yourself or others? lol And I totally agree with you. Buying currently is juggling chainsaws.

I do really goofy stuff sitting around too.

Inserted Video
"Timing Is Everything. Really I Swear It Is"
  • #265,084
  • Nov 24, 2010 4:22am Nov 24, 2010 4:22am
Quoting TexasforEX
Thanks really funny. Tell me, who are you trying to convince? Yourself or others? lol And I totally agree with you. Buying currently is juggling chainsaws.

I do really goofy stuff sitting around too.

http://www.youtube.com/watch?v=8cVR3ZmAx4E
Glad you agree but I am not trying to be a comedian here. Maybe because I am currently listening to Alex Jones on YT so listening to people like Alex and Ron Paul is probably keeping me on my toes, that's all.
You've got to be IN IT to WIN IT!
  • #265,085
  • Nov 24, 2010 4:24am Nov 24, 2010 4:24am
Quoting Ifty
Glad you agree but I am not trying to be a comedian here. Maybe because I am currently listening to Alex Jones on YT so listening to people like Alex and Ron Paul is probably keeping me on my toes, that's all.

Gotcha. Just found the repetition to be funny.
"Timing Is Everything. Really I Swear It Is"
  • #265,086
  • Nov 24, 2010 4:27am Nov 24, 2010 4:27am
Quoting kaspopsicle
Thats why i posted the 5 min . i cant stand sitting on my hands lol
But what do you do now that the 5mn closed both below your short entry point and above your buy point?
  • #265,087
  • Nov 24, 2010 4:36am Nov 24, 2010 4:36am
Quoting Ifty
I know it's possible to scalp long but I refuse to BUY ... simple. I will not will not will not buy GU as any more attacks from North Korea after which a retalisation from South Korea will send GU into freefall. I would rather ride down the falling knife than try to go UP against it. I am not a fundy or anything but SELLING is all I am prepared to do. Good luck.
I found this snapshot of fundy/tech very useful. didnt mean to offend.Good luck
All systems of divination, like music itself,work through patterns.
  • #265,088
  • Nov 24, 2010 4:40am Nov 24, 2010 4:40am
Quoting branco
But what do you do now that the 5mn closed both below your short entry point and above your buy point?
Sorry was washing my hair. according to my eyesight they didnt open and close clear.of the figures i gave which i suspected it wouldnt. As Ifty recognised .i'm just a boring little scalper.
All systems of divination, like music itself,work through patterns.
  • #265,089
  • Nov 24, 2010 4:59am Nov 24, 2010 4:59am
Originally Posted by Ifty http://cdn.forexfactory.com/images/buttons/viewpost.gif
I know it's possible to scalp long but I refuse to BUY ... simple. I will not will not will not buy GU as any more attacks from North Korea after which a retalisation from South Korea will send GU into freefall. I would rather ride down the falling knife than try to go UP against it. I am not a fundy or anything but SELLING is all I am prepared to do. Good luck.


i agree and longis alitte worry, but rules is rules for me at the mo..
afternoon people

hoping 15750-60 zone holds.. and current thrust up will take it to median line on h4 downward channel back to daily pivot @ 15832 ish then manage from there.

long 15795 - sl15745 tp 15845

thanks for the tech anyalysis people.. appreciated for the learning curve

gl all
  • #265,090
  • Nov 24, 2010 5:07am Nov 24, 2010 5:07am
got to be worth a punt short? 20 SL
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  • #265,091
  • Nov 24, 2010 5:09am Nov 24, 2010 5:09am
stop b/e just in case
  • #265,092
  • Nov 24, 2010 5:15am Nov 24, 2010 5:15am
Quoting chazzle
got to be worth a punt short? 20 SL
Indeed it was ... 20 TP. R/R 50/50
  • #265,093
  • Nov 24, 2010 5:18am Nov 24, 2010 5:18am
Quoting kaspopsicle
Sorry was washing my hair. i'm just a boring little scalper.

  • #265,094
  • Nov 24, 2010 5:19am Nov 24, 2010 5:19am
Originally Posted by chazzle http://cdn.forexfactory.com/images/buttons/viewpost.gif
got to be worth a punt short? 20 SL

Indeed it was ... 20 TP. R/R 50/50

good shooting sir.. congrats
  • #265,095
  • Nov 24, 2010 5:20am Nov 24, 2010 5:20am
Quoting chazzle
Indeed it was ... 20 TP. R/R 50/50
Nice chazz. i missed it ..
All systems of divination, like music itself,work through patterns.
  • #265,096
  • Nov 24, 2010 5:23am Nov 24, 2010 5:23am
Quoting kaspopsicle
Nice chazz. i missed it ..
thanks Kas... as long as todays high is not broken I am scalping short as near to 15830 as poss

In again 15815
  • #265,097
  • Nov 24, 2010 5:24am Nov 24, 2010 5:24am
Quoting chazzle
In again 15815
and closed for 16
  • #265,098
  • Nov 24, 2010 5:25am Nov 24, 2010 5:25am
Quoting AdrianHNV
  • #265,099
  • Nov 24, 2010 5:25am Nov 24, 2010 5:25am
Quoting chazzle
thanks Kas... as long as todays high is not broken I am scalping short as near to 15830 as poss

In again 15815
Thank YOU !
k
All systems of divination, like music itself,work through patterns.
  • #265,100
  • Nov 24, 2010 5:26am Nov 24, 2010 5:26am
stopped looking long again
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