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Cable Update (GBPUSD)

  • #286,741
  • Aug 18, 2011 6:45am Aug 18, 2011 6:45am
maybe today the beach is the answer......
90% of traders use TA, indicators and prediction
  • #286,742
  • Aug 18, 2011 6:46am Aug 18, 2011 6:46am
with USDX H1 big question is that line gonna hold?

http://img811.imageshack.us/img811/7448/usdxh111.png
  • #286,743
  • Aug 18, 2011 6:47am Aug 18, 2011 6:47am
Quoting bluebulluk
just except the party's over longers. ;-)

man u crazy..u gonna see

1.72 watch meh
  • #286,744
  • Aug 18, 2011 6:47am Aug 18, 2011 6:47am
Cable 4hr doing loop de loops with this 2010 trendline. Why expect it to change
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.jpg Size: 132 KB
  • #286,745
  • Aug 18, 2011 6:50am Aug 18, 2011 6:50am
Quoting Flatfish
Cable 4hr doing loop de loops with this 2010 trendline. Why expect it to change

i feel like framing that!
  • #286,746
  • Aug 18, 2011 6:56am Aug 18, 2011 6:56am
closed previous 6480 reloaded 6488
90% of traders use TA, indicators and prediction
  • #286,747
  • Aug 18, 2011 6:59am Aug 18, 2011 6:59am
and again moving stops @be.

no target for the moment.

heavy position.

lol
90% of traders use TA, indicators and prediction
  • #286,748
  • Aug 18, 2011 7:01am Aug 18, 2011 7:01am
Quoting _BBKing_
and again moving stops @be.

no target for the moment.

heavy position.

lol
out half 6518....
90% of traders use TA, indicators and prediction
  • #286,749
  • Aug 18, 2011 7:03am Aug 18, 2011 7:03am
  • #286,750
  • Aug 18, 2011 7:04am Aug 18, 2011 7:04am

im tired of these moves.

i close and go to the sea.

see ya all tomorrow.....

good luck
90% of traders use TA, indicators and prediction
  • #286,751
  • Aug 18, 2011 7:16am Aug 18, 2011 7:16am
Hmm cable rallies into major resistence on light volume. And suddenly the next day all the bulls have vanished. Wonder on what page of my trading manual is the rule "never buy at resistence"- there is is page one right below "always use a stop".

If your longing cable over 1.65 think your going to have to be quick today. I got my 1hr charts on today as I think she is a waste of time, so only checking the closes. Scalping this to much like real work I'll leave it to you young un's.
  • #286,752
  • Aug 18, 2011 7:26am Aug 18, 2011 7:26am
I am looking for a short trip north around 30 to 50 pips max and then down south to 1.64...

What's your trading idea?

Lets see... how wrong I will be!

Regards
  • #286,753
  • Aug 18, 2011 7:35am Aug 18, 2011 7:35am
http://www.supermotors.net/getfile/4...e/marvin-m.jpg
  • #286,754
  • Aug 18, 2011 7:35am Aug 18, 2011 7:35am
kinda funny.could this be a reversed head and shoulder patter pals! as i have it on my daily chart.plus there cable seems to have a support at the central pivot.ur views pls!
Attached Image (click to enlarge)
Click to Enlarge Name: headshoulder.JPG Size: 115 KB
  • #286,755
  • Aug 18, 2011 7:43am Aug 18, 2011 7:43am
Ideally looking to sell around the top arrow, with a small stop. Target 50%.

If that don't play out sell following an hourly candle with long upper wick. Stop being just above the wick. Otherwise there is always tomorrow. No one needs to trade this everyday.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.jpg Size: 134 KB
  • #286,756
  • Aug 18, 2011 7:47am Aug 18, 2011 7:47am
Quoting genbali
kinda funny.could this be a reversed head and shoulder patter pals! as i have it on my daily chart.plus there cable seems to have a support at the central pivot.ur views pls!
  • #286,757
  • Edited 8:01am Aug 18, 2011 7:48am | Edited 8:01am
Quoting bluebulluk
http://www.supermotors.net/getfile/4...e/marvin-m.jpg

that will be in the direction of yur stop doris

(im joking)
  • #286,758
  • Aug 18, 2011 7:53am Aug 18, 2011 7:53am
Quoting Flatfish
Ideally looking to sell around the top arrow, with a small stop. Target 50%.

If that don't play out sell following an hourly candle with long upper wick. Stop being just above the wick. Otherwise there is always tomorrow. No one needs to trade this everyday.

u call that a small target
  • #286,759
  • Aug 18, 2011 8:19am Aug 18, 2011 8:19am
http://img641.imageshack.us/img641/7448/usdxh111.png
http://img854.imageshack.us/img854/2540/usdxh1112.png

USDX H1 line broke so now better watch out.
  • #286,760
  • Aug 18, 2011 8:21am Aug 18, 2011 8:21am
Quoting ruffryders
http://img641.imageshack.us/img641/7448/usdxh111.png
http://img854.imageshack.us/img854/2540/usdxh1112.png

USDX H1 line broke so now better watch out.

not for it hasnt
Attached Image (click to enlarge)
Click to Enlarge Name: chart4.gif Size: 46 KB
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