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Cable Update (GBPUSD)

  • #265,901
  • Dec 7, 2010 5:30am Dec 7, 2010 5:30am
15770/15780 held up so I'm long again 15790 for another scalp
  • #265,902
  • Dec 7, 2010 5:32am Dec 7, 2010 5:32am
H1
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  • #265,903
  • Dec 7, 2010 5:33am Dec 7, 2010 5:33am
Quoting chazzle
15770/15780 held up so I'm long again 15790 for another scalp
closing for 15
  • #265,904
  • Dec 7, 2010 5:51am Dec 7, 2010 5:51am
This is daily ... 15835 resistance ... starting to build a short
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  • #265,905
  • Dec 7, 2010 5:59am Dec 7, 2010 5:59am
Quoting chazzle
This is daily ... 15835 resistance ... starting to build a short
well - 7 hrs of screen watching so far , I'll treat this as a scalp and take a break out for 10
  • #265,906
  • Dec 7, 2010 6:02am Dec 7, 2010 6:02am
Pending short 15830 ... back soon ...
  • #265,907
  • Dec 7, 2010 6:14am Dec 7, 2010 6:14am
Quoting chazzle
Pending short 15830 ... back soon ...
whats your TP here?
Thanks.
  • #265,908
  • Dec 7, 2010 6:15am Dec 7, 2010 6:15am
Well, looks like we could be at critical mass here...point of rejection on the H4...

Do we turn n burn, or keep on cruising...

Closed out longs and will wait for clearance...

http://www.forexfactory.com/showpost...stcount=265849

Chart 1, weekly open forecast
Chart 2, current.

Heh...lucky guess er whut?
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #265,909
  • Dec 7, 2010 6:25am Dec 7, 2010 6:25am
4 hour Fib convergence at 1.5800 - looking for Tweezer Top signal on 4 hour, or shooting star on 8 hour in 1.5 hours to short.
May the forex be with you |
  • #265,910
  • Dec 7, 2010 6:31am Dec 7, 2010 6:31am
For me no trade until we see how PA plays out around this bearish confluence area...Fib, TL, S/R.
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"As Kids we believe Anything is Possible; the Trick is to never forget it!"
  • #265,911
  • Dec 7, 2010 7:07am Dec 7, 2010 7:07am
Quoting Magix

Heh...lucky guess er whut?
Hi Mag .... more like 000s of hours watching PA hope you're well , fella
  • #265,912
  • Dec 7, 2010 7:10am Dec 7, 2010 7:10am
Quoting chazzle
Hi Mag .... more like 000s of hours watching PA hope you're well , fella
All good here Mr Chaz....because when you are that good, people should call you Mister!

Hey Mr. Chaz...I scrolled back and looked at when I posted my original forecast, some 35 hours ago...it is based on, yes, you guessed it, moving averages...

I think the next moron that comes along and tells us that Moving Averages are laggy, should get a proper market edumication...hey?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #265,913
  • Dec 7, 2010 7:11am Dec 7, 2010 7:11am
Quoting behman8850
whats your TP here?
Thanks.
just scalping these levels Behman , take what I can get in the shortest time possible , lol 10 - 20 , heh even 50 if it happens in 5 minutes
  • #265,914
  • Dec 7, 2010 7:15am Dec 7, 2010 7:15am
Quoting Magix
I think the next moron that comes along and tells us that Moving Averages are laggy, should get a proper market edumication...hey?
Too true - the MA argument is defunct imo - any poo throwing monkey with a pair of eyes can see MAs serve as dynamic S/R
  • #265,915
  • Dec 7, 2010 7:16am Dec 7, 2010 7:16am
Quoting chazzle
Too true - the MA argument is defunct imo - any poo throwing monkey with a pair of eyes can see MAs serve as dynamic S/R
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #265,916
  • Dec 7, 2010 7:17am Dec 7, 2010 7:17am
Dammit Chaz....

All yer hard work round here going un-noticed by these stingy vouch hounds...

Lemme be your first...

Popped your Vouch Cherry as it were....

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #265,917
  • Dec 7, 2010 7:25am Dec 7, 2010 7:25am
Quoting Magix
Lemme be your first...

Popped your Vouch Cherry as it were....

ooh I dunno what to say thanks Bro
  • #265,918
  • Dec 7, 2010 7:28am Dec 7, 2010 7:28am
Quoting chazzle
ooh I dunno what to say thanks Bro
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #265,919
  • Dec 7, 2010 7:32am Dec 7, 2010 7:32am
Seasons Greetings mango!
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  • #265,920
  • Dec 7, 2010 7:37am Dec 7, 2010 7:37am
what do you think it is good for short at 5800 level?
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