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Cable Update (GBPUSD)

  • #265,961
  • Dec 7, 2010 11:46pm Dec 7, 2010 11:46pm
Quoting Cobby
H4 uptrend bulls losing their grip?
seems like it. just be careful, i/d trend usually don't last more than 8 hours & this sucka had been sliding since day open. I reckon massive whipsaw an hour or two around LO before continuation down. Nothing technical here, just sharing from personal observation ..
Thank You
  • #265,962
  • Dec 7, 2010 11:48pm Dec 7, 2010 11:48pm
Quoting Raza
........
How you doin Malcolmb... Long time...
great yourself ? hope the trading world treating you well.
Blogging daily now at www.volume.zone
  • #265,963
  • Dec 7, 2010 11:50pm Dec 7, 2010 11:50pm
cable showing the love for the 50 again

Attached Image
  • #265,964
  • Dec 7, 2010 11:50pm Dec 7, 2010 11:50pm
Quoting malcolmb14
I had better stop trading . I been in the game 7 years never heard of a 14.6 fib
I was wondering....I was about googling it, well you never can tell i will still go ahead
  • #265,965
  • Dec 7, 2010 11:51pm Dec 7, 2010 11:51pm
reversal gu ...lol

got nothing to do with
1) frankie
2) hitting major demand area

Attached Image (click to enlarge)
Click to Enlarge Name: chart3146.gif92.png Size: 254 KB
Blogging daily now at www.volume.zone
  • #265,966
  • Dec 7, 2010 11:53pm Dec 7, 2010 11:53pm
Quoting Cobby
cable showing the love for the 50 again

Attachment
you really are just fooling around right about the fibs ? If you must know the fib that cable loves is the 78.6

even that last chart showed why cable bounced 20 pip off 1,5660 area
Blogging daily now at www.volume.zone
  • #265,967
  • Dec 7, 2010 11:56pm Dec 7, 2010 11:56pm
Quoting wormboy
seems like it. just be careful, i/d trend usually don't last more than 8 hours & this sucka had been sliding since day open. I reckon massive whipsaw an hour or two around LO before continuation down. Nothing technical here, just sharing from personal observation ..
err umm tht looks like 2 eight hour bars down working on 3 lol, wazz up wormie , good holidays to you and yours
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  • #265,968
  • Dec 7, 2010 11:59pm Dec 7, 2010 11:59pm
is this where the bulls are gonna charge from?

Attached Image
  • #265,969
  • Dec 8, 2010 12:02am Dec 8, 2010 12:02am
Quoting digger1
err umm tht looks like 2 eight hour bars down working on 3 lol, wazz up wormie , good holidays to you and yours
hey digg how's it going bro ,

nah I'm not calling for a full blown reversal here brother, just stating that intraday trend don't usually last more than 8 hours straight, at least that's not the norm I know off. I just reckon there'll be some whipsaws before continuation down. That's why I cleared profit at the weekly pvp earlier. I'll let things cool down for a bit & look to re enter later. No rush. Hope you're trading well my friend!
Thank You
  • #265,970
  • Dec 8, 2010 12:04am Dec 8, 2010 12:04am
Quoting malcolmb14
great yourself ? hope the trading world treating you well.
Better than ever....

They are right ... it takes 3 years to be consistently profitable in trading world...

Loving EURO/ USD... these days

Cable loves 78.6%.. EURO LOVES 76.4%... gbp/jpy LOVES 61.8%..
Markets are not Random, they are designed!
  • #265,971
  • Dec 8, 2010 12:05am Dec 8, 2010 12:05am
Quoting wormboy
hey digg how's it going bro ,

nah I'm not calling for a full blown reversal here brother, just stating that intraday trend don't usually last more than 8 hours straight, at least that's not the norm I know off. I just reckon there'll be some whipsaws before continuation down. That's why I cleared profit at the weekly pvp earlier. I'll let things cool down for a bit & look to re enter later. No rush. Hope you're trading well my friend!
Oh I know man , no worries lol, havent had much time to keep up with everybody , been very well bro no complaints
  • #265,972
  • Dec 8, 2010 12:05am Dec 8, 2010 12:05am
morning all - I know LO is a bit volatile to respect MAs .. but chanced short on EMA20 test M15 anyways
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  • #265,973
  • Dec 8, 2010 12:07am Dec 8, 2010 12:07am
Quoting chazzle
morning all - I know LO is a bit volatile to respect MAs .. but chanced short on EMA20 test M15 anyways
nnnnnnnnnnnoooooooooooooooooooooooooooooo


good luck chaz
Thank You
  • #265,974
  • Dec 8, 2010 12:13am Dec 8, 2010 12:13am
Quoting digger1
Oh I know man , no worries lol, havent had much time to keep up with everybody , been very well bro no complaints
great to hear bro. Most of the boys are not around anymore. They're probably rich & can afford the sun now
Thank You
  • #265,975
  • Dec 8, 2010 12:15am Dec 8, 2010 12:15am
Quoting wormboy
nnnnnnnnnnnoooooooooooooooooooooooooooooo


good luck chaz
thanks WB .... we could be trapped under 15760 now
  • #265,976
  • Dec 8, 2010 12:15am Dec 8, 2010 12:15am
Quoting wormboy
great to hear bro. Most of the boys are not around anymore. They're probably rich & can afford the sun now
lol, tht must be it ha ha
  • #265,977
  • Dec 8, 2010 12:19am Dec 8, 2010 12:19am
Quoting chazzle
thanks WB .... we could be trapped under 15760 now


I'm staying flat for now mate. It's not worth the trouble I reckon
Attached Image
Thank You
  • #265,978
  • Dec 8, 2010 12:20am Dec 8, 2010 12:20am
Quoting wormboy


I'm staying flat for now mate. It's not worth the trouble I reckon
oh come on grasshopper your kung fu is strong
  • #265,979
  • Dec 8, 2010 12:22am Dec 8, 2010 12:22am
Wish id listened to myself earlier about that long bounce instead of taking a short once it had gotten through some support below!
  • #265,980
  • Dec 8, 2010 12:25am Dec 8, 2010 12:25am
Quoting chazzle
thanks WB .... we could be trapped under 15760 now
You could get another chance at 1.5830 as well I reckon. Wouldn't that be great.
You've got to be IN IT to WIN IT!
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