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Cable Update (GBPUSD)

  • #265,921
  • Dec 7, 2010 9:43am Dec 7, 2010 9:43am
Quoting bob_nofats
what do you think it is good for short at 5800 level?
Well , personally I am taking this as another opportunity to short , lol
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  • #265,922
  • Dec 7, 2010 9:49am Dec 7, 2010 9:49am
I wouldn't, but then it depends on your TP?
"I made all my money by selling too soon"
  • #265,923
  • Dec 7, 2010 10:03am Dec 7, 2010 10:03am
Quoting chazzle
Well , personally I am taking this as another opportunity to short , lol
taking a hit of - 18 pending short 15830 still in place
  • #265,924
  • Dec 7, 2010 10:13am Dec 7, 2010 10:13am
Say no more!

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May the forex be with you |
  • #265,925
  • Dec 7, 2010 10:39am Dec 7, 2010 10:39am
Done for the day ... pending cancelled (want to switch off now , lol ) see you all later and all the best
  • #265,926
  • Edited 4:10pm Dec 7, 2010 3:28pm | Edited 4:10pm
H4 - PA still respecting this line - I'm long , I think price has more chance of gaining 60 pips rather than losing 60.Support around 15725 area (PA and EMA20)
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  • #265,927
  • Dec 7, 2010 3:34pm Dec 7, 2010 3:34pm
Daily shows price challenged by EMA20 again ...
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  • #265,928
  • Dec 7, 2010 3:57pm Dec 7, 2010 3:57pm
M5 shows this area being contested right now ... will consider SL at a break and hold below 15750 ... looking to re-enter nearer 15725 possibly (the lower line of this triangle = same rising TL as H4)
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  • #265,929
  • Dec 7, 2010 4:03pm Dec 7, 2010 4:03pm
Congratulations, if you hadnt got those vouches i'd have been writing to the editor. I'm sure theres more on the way. I'm off now see you lo
All systems of divination, like music itself,work through patterns.
  • #265,930
  • Dec 7, 2010 4:05pm Dec 7, 2010 4:05pm
Quoting kaspopsicle
Congratulations, if you hadnt got those vouches i'd have been writing to the editor. I'm sure theres more on the way. I'm off now see you lo
thanks , see you then Kas
  • #265,931
  • Dec 7, 2010 5:35pm Dec 7, 2010 5:35pm
Quoting chazzle
H4 - PA still respecting this line - I'm long , I think price has more chance of gaining 60 pips rather than losing 60.Support around 15725 area (PA and EMA20)
took 2 positions here 1 is out for a loss of 2 pips , the other still open with + 5
  • #265,932
  • Dec 7, 2010 6:20pm Dec 7, 2010 6:20pm
Quoting chazzle
took 2 positions here 1 is out for a loss of 2 pips , the other still open with + 5
closing the other for 5 pips - don't feel like holding overnight
  • #265,933
  • Dec 7, 2010 11:06pm Dec 7, 2010 11:06pm
The critical zone...

Currently at buyers support and just below sellers resistance...

Triggers long and short with the purple lines.

Follow the money!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #265,934
  • Dec 7, 2010 11:43pm Dec 7, 2010 11:43pm
Support on the hourly at current for Cable...

Could see a little USD weakness here....
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #265,935
  • Dec 8, 2010 12:06am Dec 8, 2010 12:06am
Chanced long on the 100 pips on downside swing on MA cross, hourly 200EMA...

Should be able to pick up a couple here...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #265,936
  • Dec 8, 2010 12:11am Dec 8, 2010 12:11am
Quoting Magix
Chanced long on the 100 pips on downside swing on MA cross, hourly 200EMA...

Should be able to pick up a couple here...
brother the weekly pvp is a few pips down @5684. Methinks that'll be tested at least once first. Justa heads up

Good luck!
Thank You
  • #265,937
  • Dec 8, 2010 12:13am Dec 8, 2010 12:13am
Quoting wormboy
brother the weekly pvp is a few pips down @5684. Methinks that'll be tested at least once first. Justa heads up

Good luck!
Just wanted a few quickies before I turned in for the night here wormie...

But yeah, I hear ya brother...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #265,938
  • Dec 8, 2010 12:15am Dec 8, 2010 12:15am
38.2 fib of the H4 move up here

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  • #265,939
  • Dec 8, 2010 12:16am Dec 8, 2010 12:16am
Quoting Magix
Just wanted a few quickies before I turned in for the night here wormie...

But yeah, I hear ya brother...
roger that.
Thank You
  • #265,940
  • Dec 8, 2010 12:18am Dec 8, 2010 12:18am
Quoting Cobby
38.2 fib of the H4 move up here
the fity, cable loves the fity
Thank You
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