USD rising but some idiot buying GBP too.....
that would be me also
Cable Update (GBPUSD)
- #286,301
- Aug 15, 2011 7:11am Aug 15, 2011 7:11am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
that would be me also
- #286,302
- Aug 15, 2011 7:13am Aug 15, 2011 7:13am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
ddinov with AWR of 360 max it can go to 6628, still 6460 is a strong resistance, so Id like to see at least 6400 first, with current slow moving PA my faith is about to expire. 
- #286,303
- Aug 15, 2011 7:15am Aug 15, 2011 7:15am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
i see absolutely no reason at all why this cannot at least test the top, perhaps break it as it reacted with support and fib 50% level, good confluence
ddinov with AWR of 360 max it can go to 6628, still 6460 is a strong resistance, so Id like to see at least 6400 first, with current slow moving PA my faith is about to expire.
all pointing up..me thinks
- #286,304
- Aug 15, 2011 7:23am Aug 15, 2011 7:23am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
Hey Navin, how is it going? What's rolling?
Here's a quick M30 GU chart I prepared. Supported by a sequence of 4 higher highs, above MP and WP. can't short it for sure.
Also what can't be really seen is that GU broke downwards sloping resistance and sort of building a base prepping to test that 6400 area now.
Im watching closely for a fresh M30 candle to do a body break above 27 area now.
http://img97.imageshack.us/img97/3776/gum30.png
Here's a quick M30 GU chart I prepared. Supported by a sequence of 4 higher highs, above MP and WP. can't short it for sure.
Also what can't be really seen is that GU broke downwards sloping resistance and sort of building a base prepping to test that 6400 area now.Im watching closely for a fresh M30 candle to do a body break above 27 area now.
http://img97.imageshack.us/img97/3776/gum30.png
- #286,305
- Aug 15, 2011 7:26am Aug 15, 2011 7:26am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Hey Navin, how is it going? What's rolling?
Here's a quick M30 GU chart I prepared. Supported by a sequence of 4 higher highs, above MP and WP. can't short it for sure.
http://img97.imageshack.us/img97/3776/gum30.png
..how are u?..its been a while since i seen u blessing this forumwas an opportunity to take a long, she broke to the upside technically
- #286,306
- Aug 15, 2011 7:26am Aug 15, 2011 7:26am
- | Joined Feb 2010 | Status: Make Them Pay | 1,103 Posts
USD rising but some idiot buying GBP too.....
Bought this morning at 6270 - stop is at 6275 with no TP, want to see how the next few days play out.
Can't post a chart at work but I saw a weekly pivot at around 6250 with price this morning at the bottom of the zone. Let's see what happens!
Anything can happen.
- #286,308
- Aug 15, 2011 7:33am Aug 15, 2011 7:33am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
Navin, I'm cool, thanks bro, ever since I got stuck here in west siberia I hardly get a chance to do some trading. that's kinda unfortunate. gimme 6400 all the way.
Got some long GU now to get the supplies
http://media4.onsugar.com/files/2011...5438/image.jpg
that's kinda unfortunate. gimme 6400 all the way. Got some long GU now to get the supplies
http://media4.onsugar.com/files/2011...5438/image.jpg
- #286,309
- Aug 15, 2011 7:37am Aug 15, 2011 7:37am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I try to look to Eur/Gbp for clues to cable, but that chart is what I call horrid. It is at that piont where taking any would be gambling. So its purely a Dollar story and Dollar index looks likes trying to test 74 again, so aborting view of shorting cable for a large downmove today.
it has nothing to do with anything..u can find a million reason for why it didnt work..but it will only come down to one thing..chart reading
u will see u had no chance, see my chart and u will see for yourself why short wasnt the way (if u cant see it on my chart , let me know i will point it out
good luck with yur trades
Navin, I'm cool, thanks bro, ever since I got stuck here in west siberia I hardly get a chance to do some trading.
Got some long GU now to get the supplies
- #286,310
- Aug 15, 2011 7:43am Aug 15, 2011 7:43am
- Joined Jun 2011 | Status: Trader | 1,731 Posts
Keep the Lights on then you can catch the rise from the dark.
- #286,315
- Aug 15, 2011 8:29am Aug 15, 2011 8:29am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
that would be me also
Don't be a hero. Don't have an ego. Always question yourself
- #286,316
- Aug 15, 2011 8:33am Aug 15, 2011 8:33am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
usd-bear one thing for sure claiming that someone who has an opposite opinion than yours is an idiot is pretty shortsighted. just my 2 cents.
- #286,317
- Aug 15, 2011 8:34am Aug 15, 2011 8:34am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
usd-bear one thing for sure claiming that someone who has an opposite opinion than yours is an idiot is pretty shortsighted. just my 2 cents.
Don't be a hero. Don't have an ego. Always question yourself
