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Cable Update (GBPUSD)

  • #272,861
  • Feb 24, 2011 7:12am Feb 24, 2011 7:12am
Quoting chazzle
so - in on the re-test of 16184 SL 15 or less
its done already
  • #272,862
  • Feb 24, 2011 7:16am Feb 24, 2011 7:16am
up up up man!!
  • #272,863
  • Feb 24, 2011 7:18am Feb 24, 2011 7:18am
14 minutes left until the Unemployment numbers out, I think it will positive, than we will get the move south.

Best Regards
  • #272,864
  • Feb 24, 2011 7:21am Feb 24, 2011 7:21am
Quoting chazzle
there you go - but I wont be back to bull till we crack 16184
make that 16200 next time
  • #272,865
  • Feb 24, 2011 7:22am Feb 24, 2011 7:22am
Hold on a minute, Forex factory calendar says there is Unemployment Claims coming up in 9 minutes, but dailyFX calendar talks nothing of it. Which one is right?
  • #272,866
  • Feb 24, 2011 7:24am Feb 24, 2011 7:24am
Quoting MartinMyster
Hold on a minute, Forex factory calendar says there is Unemployment Claims coming up in 9 minutes, but dailyFX calendar talks nothing of it. Which one is right?

http://www.briefing.com/Investor/Pub...icCalendar.htm
  • #272,867
  • Feb 24, 2011 7:27am Feb 24, 2011 7:27am
Quoting chazzle
Why have just 2 points when you can have 8

yes you are right!

the matter is i notice an increasing sell power and looks like today will go testin that main trend line.

the 8 time tested trendline showin tired last 2 touches.
if goes down i will check on 1M possible reaction on main trendline.
90% of traders use TA, indicators and prediction
  • #272,868
  • Feb 24, 2011 7:34am Feb 24, 2011 7:34am
Quoting _BBKing_
yes...
this is how it stands now - changed my tack a bit but this is why I won't call bull till 16200
Attached Image (click to enlarge)
Click to Enlarge Name: t.jpg Size: 74 KB
  • #272,869
  • Feb 24, 2011 7:38am Feb 24, 2011 7:38am
Quoting chazzle
this is how it stands now - changed my tack a bit but this is why I won't call bull till 16200
and in fact try a short at 16184 ...SL 15
  • #272,870
  • Feb 24, 2011 8:09am Feb 24, 2011 8:09am
Quoting chazzle
and in fact try a short at 16184 ...SL 15
SL moved to 21 @ 16205 - clear of EMA200 M15 above that H4 line - lets see
  • #272,871
  • Feb 24, 2011 8:11am Feb 24, 2011 8:11am
Quoting chazzle
SL moved to 21 @ 16205 - clear of EMA200 M15 above that H4 line - lets see
eaten...
  • #272,872
  • Feb 24, 2011 8:15am Feb 24, 2011 8:15am
and long 16205
  • #272,873
  • Feb 24, 2011 8:34am Feb 24, 2011 8:34am
Quoting chazzle
and long 16205
well - really can't say I know where this will end up - out for 5 , and keep most of the profits from today
  • #272,874
  • Feb 24, 2011 8:44am Feb 24, 2011 8:44am
yooo 6185 sticky one.
Hero calls followed by margin calls...
  • #272,875
  • Feb 24, 2011 8:47am Feb 24, 2011 8:47am
Quoting chazzle
well - really can't say I know where this will end up - out for 5 , and keep most of the profits from today

I just got of my sell position ....maybe a tad too early cos of news....

I anticipated that drop from 1.6200....but scared to ride it down cos of news but got out with 10 pips still.
  • #272,876
  • Feb 24, 2011 8:49am Feb 24, 2011 8:49am
Quoting PhAnTi'
yooo 6185 sticky one.
gone again and so am I (short that is...)
  • #272,877
  • Feb 24, 2011 8:52am Feb 24, 2011 8:52am
Quoting Kay B
I just got of my sell position ....maybe a tad too early cos of news....

I anticipated that drop from 1.6200....but scared to ride it down cos of news but got out with 10 pips still.
nice one
  • #272,878
  • Feb 24, 2011 8:54am Feb 24, 2011 8:54am
Quoting CoffeeDrinke
nd
Ok as for the rock skipping quistion/bounces, i view 3 bounces as plenty and from there on in it becomes a guessing game really, usually it will try and form head and shoulders after round about 3 bounces(thats just my view on it, not that i specificly look at that to trade just a observation, and when i speak of bounce i mean making higher highs not bounces in a range, but i think you understand wht i mean).
Here's the same 15M chart showing those 3 skips
with your entry (0) and several chances (1,2,3)
to add to the trade and (4) when it went airborne
and then out of control before it crashed. (5).

I think this might get my friend 'digger1' to come
off of his John Deere and comment using some
analogy like the 'spring reaction in the pogo stick'.

Dr. D.
Attached Image
  • #272,879
  • Feb 24, 2011 8:56am Feb 24, 2011 8:56am
Quoting chazzle
gone again and so am I (short that is...)
EU/GU double top DX double bottom - might try to ride this one out to 16130
  • #272,880
  • Feb 24, 2011 9:00am Feb 24, 2011 9:00am
I am annoyed ..... I get off the train too early at times..... Damn dat could have been a nice 30 pips..... need to fine tune my exits

Well better safe than sorry! and am still learning d ropes
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