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Cable Update (GBPUSD)

  • #269,461
  • Jan 21, 2011 2:44am Jan 21, 2011 2:44am
Quoting primzvicious
my view...
where will u go now ?
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Verily, in every difficulties there is relief
  • #269,462
  • Jan 21, 2011 2:45am Jan 21, 2011 2:45am
you look at pivots , BB? - price pretty much there (DP)- I see a risky 15920 - 60 move...any thoughts?
  • #269,463
  • Jan 21, 2011 2:53am Jan 21, 2011 2:53am
Quoting chazzle
you look at pivots , BB? - price pretty much there (DP)- I see a risky 15920 - 60 move...any thoughts?
Previous near-term obvious fractal swing hi/lo's, fibs and trend lines are my 'main factors' re potential supp/res and calculated pivots like the DP are 'minor factors' per my methodology...I see the DP just below the current price .... if you look ast 5min there is a prev sw hi there.

re where price may go next - no idea I don't predict.

G/L
Attached Image
ex member
  • #269,464
  • Jan 21, 2011 2:53am Jan 21, 2011 2:53am
Quoting primzvicious
where will u go now ?
thing that i know......... she is going for a weekend ....right ?

not euphoria follower
  • #269,465
  • Jan 21, 2011 2:57am Jan 21, 2011 2:57am
Quoting bbmac

re where price may go next - no idea I don't predict.

G/L
lemme guess , you react
  • #269,466
  • Jan 21, 2011 3:03am Jan 21, 2011 3:03am
Quoting chazzle
lemme guess , you react
That's all you can do, react when your trading edge sets-up in the highest probability pa conditions...just play the edge, some will win others will lose but if your edge is sound and your patience/discipline holds with the right risk/money managemnet you'll come out ahead over the sample. I'll leave the prediction to others - Lol !!
ex member
  • #269,467
  • Jan 21, 2011 3:05am Jan 21, 2011 3:05am
Quoting bbmac
That's all you can do, react ...
I was always taught to RESPOND, not react - same notion but a better word for it, suggests more control and discipline :-)
  • #269,468
  • Jan 21, 2011 3:05am Jan 21, 2011 3:05am
Quoting iqyu5an
thing that i know......... she is going for a weekend ....right ?

not sure bro... but i sold a bit
Verily, in every difficulties there is relief
  • #269,469
  • Jan 21, 2011 3:07am Jan 21, 2011 3:07am
Quoting Jazznos
I was always taught to RESPOND, not react - same notion but a better word for it, suggests more control and discipline :-)
yeh, semantics.

G/L
ex member
  • #269,470
  • Jan 21, 2011 3:08am Jan 21, 2011 3:08am
Quoting bbmac
That's all you can do, react .... I'll leave the prediction to others - Lol !!
Well put - crystal balls are exactly that - BALLS
  • #269,471
  • Jan 21, 2011 3:13am Jan 21, 2011 3:13am
Pigs Geting Slaughtered
  • #269,472
  • Jan 21, 2011 3:14am Jan 21, 2011 3:14am
my view ..... vol in m5.

still holding short since here .

next ? i don't know ( friday, news, big dog, ............forex ) ...........................

rgds,iqyu

Quoting bbmac
Previous near-term obvious fractal swing hi/lo's, fibs and trend lines are my 'main factors' re potential supp/res and calculated pivots like the DP are 'minor factors' per my methodology...I see the DP just below the current price .... if you look ast 5min there is a prev sw hi there.

re where price may go next - no idea I don't predict.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: m5 evening.JPG Size: 47 KB
not euphoria follower
  • #269,473
  • Jan 21, 2011 3:14am Jan 21, 2011 3:14am
5943 area referred to earlier rejected 3 x now...Uk data due at 0930am gmt...Retail sales etc..

G/L
ex member
  • #269,474
  • Jan 21, 2011 3:15am Jan 21, 2011 3:15am
finally retrace is comin....
Hero calls followed by margin calls...
  • #269,475
  • Jan 21, 2011 3:16am Jan 21, 2011 3:16am
Quoting chazzle
Well put - crystal balls are exactly that - BALLS
  • #269,476
  • Jan 21, 2011 3:16am Jan 21, 2011 3:16am
Quoting bbmac
5943 area referred to earlier rejected 3 x now...Uk data due at 0930am gmt...Retail sales etc..

G/L
typo. : D
Hero calls followed by margin calls...
  • #269,477
  • Jan 21, 2011 3:16am Jan 21, 2011 3:16am
Quoting iqyu5an
my view ..... vol in m5.

still holding short since here .

next ? i don't know ...........................

rgds,iqyu
hohoho
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Verily, in every difficulties there is relief
  • #269,478
  • Jan 21, 2011 3:19am Jan 21, 2011 3:19am
Quoting TauTrader
I'm going now..

Current PA suggests we are nearing a good place to short. This can be traded back to 1.5894/5. The higher we go now, the better return. Do not trade this - just an observation.

Testing something...

See later
Interesting....
  • #269,479
  • Jan 21, 2011 3:33am Jan 21, 2011 3:33am
7 seconds 20 pips.

i like this game
Hero calls followed by margin calls...
  • #269,480
  • Jan 21, 2011 3:35am Jan 21, 2011 3:35am
Uk data comes in weak...market reacts on the knee-jerk

G/L
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ex member
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