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Cable Update (GBPUSD)

  • #288,581
  • Sep 14, 2011 7:03am Sep 14, 2011 7:03am
I thought you wrote 0.5 jokingly so jokingly agreed then I noticed the FE. Must take another look.
Gone to a better place
  • #288,582
  • Sep 14, 2011 7:22am Sep 14, 2011 7:22am
sell rallies on a strong downtrend
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  • #288,583
  • Sep 14, 2011 7:24am Sep 14, 2011 7:24am
i am also short eur/usd at resistance
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  • #288,584
  • Sep 14, 2011 7:29am Sep 14, 2011 7:29am
Quoting ovaforty
sell rallies on a strong downtrend


Shorted the shit out of it!

Attached Image (click to enlarge)
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  • #288,585
  • Sep 14, 2011 7:31am Sep 14, 2011 7:31am
Quoting smikester
I thought you wrote 0.5 jokingly so jokingly agreed then I noticed the FE. Must take another look.
It's sitting in an interesting spot. Monthly descending LTL intersection for early 2012.

lol... my bad for joking around so much.
  • #288,586
  • Sep 14, 2011 7:40am Sep 14, 2011 7:40am
protect your principle from loss and take partial profits. I have break even stop losses on my short eur/usd and short cable.
  • #288,587
  • Sep 14, 2011 7:41am Sep 14, 2011 7:41am
Quoting bbakker


Shorted the shit out of it!

Attachment
Next leg down...
  • #288,588
  • Sep 14, 2011 7:41am Sep 14, 2011 7:41am
short term view. we had the first rejection of 5800 resistance, but the 480 TF is interesting. lower low, higher high on the last candle which popped above resistance.

was looking for a higher test, 5950 before we go.
Attached Image (click to enlarge)
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  • #288,589
  • Sep 14, 2011 7:42am Sep 14, 2011 7:42am
Quoting ovaforty
protect your principle from loss and take partial profits. I have break even stop losses on my short eur/usd and short cable.
Done that already! I shouldn't be on here as I am at work! Would love to chat, but I have to go! Might pop in tonight!

GL
  • #288,590
  • Sep 14, 2011 7:42am Sep 14, 2011 7:42am
Quoting Fudomyo
short term view. we had the first rejection of 5800 resistance, but the 480 TF is interesting. lower low, higher high. could be the start of an expanding wedge? ...hate those. lol

I was looking for a higher test, 5950 before we go.
any move up is temporary. very choppy.
  • #288,591
  • Sep 14, 2011 7:46am Sep 14, 2011 7:46am
Quoting ovaforty
any move up is temporary. very choppy.
5756 going... time to test the bottom!

I am out of here... honest guv!
  • #288,592
  • Sep 14, 2011 7:48am Sep 14, 2011 7:48am
Wednesday's pay triple swap. There is a pattern that is usually consistent, which is normally bullish for commodity currencies before the swap is paid. If that pattern does not hold today, watch out.
Thursday usually returns to trend.
  • #288,593
  • Sep 14, 2011 7:50am Sep 14, 2011 7:50am
I sense 1.5565 coming by the end of the weekend

Will close my shorts if the pair lingers above 1.58
  • #288,594
  • Sep 14, 2011 7:50am Sep 14, 2011 7:50am
Quoting ovaforty
any move up is temporary. very choppy.
agreed. 5690 is my intraday target. that was a high (and hopeful) longer term PB target for reload.
  • #288,595
  • Sep 14, 2011 7:53am Sep 14, 2011 7:53am
let see action near actual day low
90% of traders use TA, indicators and prediction
  • #288,596
  • Sep 14, 2011 8:00am Sep 14, 2011 8:00am
very strong trend we have here huh
  • #288,597
  • Sep 14, 2011 8:03am Sep 14, 2011 8:03am
Quoting nAVIN2007
very strong trend we have here huh
Let's see what LC brings. Closed on S1.
  • #288,598
  • Sep 14, 2011 8:05am Sep 14, 2011 8:05am
Quoting Fudomyo
let's see what LC brings. Closed on S1.

glad u was pulling my leg i nearly detracted my vouch

close above 1.59 by tomorrow close just put me on track
Attached Image (click to enlarge)
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  • #288,599
  • Sep 14, 2011 8:08am Sep 14, 2011 8:08am
in h1 with a bit of fibo i notice 2things
1. actual day high is exactly 23% fibo fan from 6210.
2. upper channel line, is 'exactly' near 50% of same fibofan around 5900 +-
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 135 KB
90% of traders use TA, indicators and prediction
  • #288,600
  • Sep 14, 2011 8:13am Sep 14, 2011 8:13am
Quoting nAVIN2007
glad u was pulling my leg i nearly detracted my vouch

close above 1.59 by tomorrow close just put me on track
lol...

mate, who cares about vouchers?

I sit here 10 hours a day on average. this is business.

As long as we can laugh and have fun while we're making money, that's the most important thing.

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