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Cable Update (GBPUSD)

  • #294,201
  • Dec 7, 2011 8:54am Dec 7, 2011 8:54am
Upper Trigger Line ( Blue ) : broken
Quoting iqyu5an
.
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not euphoria follower
  • #294,202
  • Dec 7, 2011 8:57am Dec 7, 2011 8:57am
lock +1
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  • #294,203
  • Dec 7, 2011 8:58am Dec 7, 2011 8:58am
Quoting A-speculator
look at eg and swissy mate, eg drop like there's no tomorrow and we have first sign of weakness in swissy. i think cable will break 5685 and perhaps cable will lead the uptrend. imho.
Good day to you,

Thanks. Note taken.

Regards
  • #294,204
  • Dec 7, 2011 9:01am Dec 7, 2011 9:01am
Quoting TauTrader
Good day to you,

Thanks. Note taken.

Regards
now i'm interested in cable, waiting for the retest..
  • #294,205
  • Dec 7, 2011 9:04am Dec 7, 2011 9:04am
Wowowowowowowowowowowow.
  • #294,206
  • Dec 7, 2011 9:07am Dec 7, 2011 9:07am
wow... what cause this rally?
  • #294,207
  • Dec 7, 2011 9:10am Dec 7, 2011 9:10am
Quoting A-speculator
now i'm interested in cable, waiting for the retest..
Good day,

I'm nursing here... will see where we go.

All the best to you

Gotta run - wife is making stirfry. See soon

Regards
  • #294,208
  • Dec 7, 2011 9:13am Dec 7, 2011 9:13am
my limit order has been triggered @ 5690.

let's see what cable got to give next.
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  • #294,209
  • Dec 7, 2011 9:15am Dec 7, 2011 9:15am
Quoting redbox
wow... what cause this rally?
No clue but I was glad to be part of it! Joined from technical analysis.
  • #294,210
  • Dec 7, 2011 9:15am Dec 7, 2011 9:15am
I think market is in risk aversion as the europe pessimism returns.

sterling and gold was rally though. being a safe haven ?
  • #294,211
  • Dec 7, 2011 9:16am Dec 7, 2011 9:16am
Quoting TauTrader
good day,

Sharp!

Well - 14 minutes left for the predicted short hour... I took his advice and now I'm in trouble. Contrarian?

All success
Good afternoon, Tau. I think you may be a scalper to consider trading in this range (which we just exited, imho) and so I can not comment. I'm still looking at the Swissy and expecting to short and so I suppose I'm bullish cable and Euro.

I doubt you are in trouble, though, you've been around too long and made too many good calls to let one wrong call affect you...

Regards
Gone to a better place
  • #294,212
  • Dec 7, 2011 9:18am Dec 7, 2011 9:18am
[quote=A-speculator;5202639]my limit order has been triggered @ 5690.

let's see what cable got to give next.[/QUOTE
H1...retest
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  • #294,213
  • Dec 7, 2011 9:21am Dec 7, 2011 9:21am
the same with fiber, po triggered @ 3375.

hope we won't be in a whipsaw anymore..
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  • #294,214
  • Dec 7, 2011 9:24am Dec 7, 2011 9:24am
time for short?
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  • #294,215
  • Dec 7, 2011 9:28am Dec 7, 2011 9:28am
Quoting smikester
Good afternoon, Tau. I think you may be a scalper to consider trading in this range (which we just exited, imho) and so I can not comment. I'm still looking at the Swissy and expecting to short and so I suppose I'm bullish cable and Euro.

I doubt you are in trouble, though, you've been around too long and made too many good calls to let one wrong call affect you...

Regards
good day to you,

You took me waayy to serious - I was pulling leg and smirking at your sharp comments to the blind "1 hour short festival" announced by our fellow companion.

I believe your view to be correct. My daily has been in "buying dips" mode for a while now... I just thought we would be going long from lower down. The last dip has been extremely shallow... and this throws me a bit. I really expected to enter long from lower down - therefor the recent shorties. To get to entry.

I made my bed and I am managing the trade.

Will see you on the other side

Warm regards
  • #294,216
  • Dec 7, 2011 9:29am Dec 7, 2011 9:29am
[quote=abdul_halim;5202670]
Quoting A-speculator
my limit order has been triggered @ 5690.

let's see what cable got to give next.[/QUOTE
H1...retest
perhaps i'm too early putting my limit order.. anyway, let's see how the price reacts at the support level, will the resistance turned to support? time will tell..
  • #294,217
  • Dec 7, 2011 9:41am Dec 7, 2011 9:41am
[quote=A-speculator;5202728]
Quoting abdul_halim

perhaps i'm too early putting my limit order.. anyway, let's see how the price reacts at the support level, will the resistance turned to support? time will tell..
indeed ... but if 1.5560 can hold as a support line for today... then bullish going to be absalute.. but thats mean you are willing to take more then a 100 pips stop lost... if you are buying at 1.5690... I hope you can afford that if you are willing to swing this 200/300 pips bullish..
  • #294,218
  • Dec 7, 2011 9:47am Dec 7, 2011 9:47am
we got rejection again in swissy as its tested the channel trendline and that really annoys me.. lol.

maybe the price retesting its breakout point (the range before the breakout.)

really hope the price won't playing ping pong again..
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  • #294,219
  • Dec 7, 2011 9:50am Dec 7, 2011 9:50am
sell...SL 1.5725
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  • #294,220
  • Dec 7, 2011 9:52am Dec 7, 2011 9:52am
[quote=Johnny Depp;5202782]
Quoting A-speculator

indeed ... but if 1.5560 can hold as a support line for today... then bullish going to be absalute.. but thats mean you are willing to take more then a 100 pips stop lost... if you are buying at 1.5690... I hope you can afford that if you are willing to swing this 200/300 pips bullish..
i won't allow 100pips DD mate, if we broke back to where we are before, it means that cable will playing ping pong again.. if it breaks 5675, i will cut the position..
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