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Cable Update (GBPUSD)

  • #301,261
  • Feb 23, 2012 9:21am Feb 23, 2012 9:21am
Price runs into some supply at that 5730 level Smikester and others were discussing earlier confluencce with 50% of yesterday's 5813-5647 and 38.2% 5865-same 5647 move. Steep fall off there now finding demand at the previous 1hr swing hi zone (previous resistance) confluence with 61.8% of the intraday move up.

Nice moves

G/L
Attached Image
ex member
  • #301,262
  • Feb 23, 2012 9:22am Feb 23, 2012 9:22am
GBP USD .. moves like Jagger

Inserted Video
  • #301,263
  • Feb 23, 2012 9:27am Feb 23, 2012 9:27am
Quoting bbmac
Price runs into some supply at that 5730 level Smikester and others were discussing earlier confluencce with 50% of yesterday's 5813-5647 and 38.2% 5865-same 5647 move. Steep fall off there now finding demand at the previous 1hr swing hi zone (previous resistance) confluence with 61.8% of the intraday move up.

Nice moves

G/L
interesting chart dude - how many fibs u got going on in there???
  • #301,264
  • Feb 23, 2012 9:38am Feb 23, 2012 9:38am
Quoting gsantri
GBP USD .. moves like Jagger
Nice video, thanks for posting...
Gone to a better place
  • #301,265
  • Feb 23, 2012 9:42am Feb 23, 2012 9:42am
Quoting jonnypants
interesting chart dude - how many fibs u got going on in there???
You can only understand bbmacs charts after a couple of coffees.
Gone to a better place
  • #301,266
  • Feb 23, 2012 9:46am Feb 23, 2012 9:46am
The solid line fibs are related to the obvious fractal swing hi's on 4hr from and including 5878 down to 5647. The dotted line fib is the daily lo-hi (so far)

G/L

Quoting jonnypants
interesting chart dude - how many fibs u got going on in there???
ex member
  • #301,267
  • Feb 23, 2012 10:06am Feb 23, 2012 10:06am
Crude Oil Inventories
1.6M0.9M-0.2M

wht means?

drop pair
  • #301,268
  • Feb 23, 2012 10:16am Feb 23, 2012 10:16am
  •  duca
  • | Joined Dec 2011 | Status: Investing is simple, but not easy | 409 Posts
the market -
already know before
Attached Image (click to enlarge)
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give 1 and get 100
  • #301,269
  • Feb 23, 2012 10:24am Feb 23, 2012 10:24am
I just want to piont out a comparisson of gold. Cable lagging behind in a very similar manner with buyers appearing on the fibs, euro made similar breakout today. Looking for a long cable unless gold and euro reverse. Have a bias to be short cable, but can't really justify if from the charts.
Attached Image(s) (click to enlarge)
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  • #301,270
  • Feb 23, 2012 10:55am Feb 23, 2012 10:55am
Quoting Flatfish
I just want to piont out a comparisson of gold. Cable lagging behind in a very similar manner with buyers appearing on the fibs, euro made similar breakout today. Looking for a long cable unless gold and euro reverse. Have a bias to be short cable, but can't really justify if from the charts.


I don't trust any move - when you have profit...take it.
  • #301,271
  • Feb 23, 2012 12:23pm Feb 23, 2012 12:23pm
Quoting Tsar
Hei Bro,
So sorry Late Reply... I busy make the Scalp System for Him.
My schedule finish in this night, need Test for Work Well or Not.

Good... Start Focus on the Chart
I'm really glad hear you make Green Pips.
Cable move like Plan
Yes, thanks Tsar, buyers and sellers won today, just woke up,
Now I just need someone to put a Tomahawk missile up the cables butt
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Come with me if you want to live....
  • #301,272
  • Feb 23, 2012 12:26pm Feb 23, 2012 12:26pm
Been sitting in my long since 10:30AM this morning - sat through all that chop.....the move is now starting that I saw in the charts this morning.....hold on your hats - it is lift off time!

Faller.

oh....entry 1.5700 - stop 1.5680 but once above 1.5710 I will set stop at breakeven plus 5 pips. target???? looking at 1.5720 and if break above that then 1.5750.

can post my trading platform for those non believers....but there are enough people here that have seen those posts in the past to know I am not a bullSh*Tter -

Was bored sitting here and just wanted to share my thoughts and position.
I don't trust any move - when you have profit...take it.
  • #301,273
  • Feb 23, 2012 12:31pm Feb 23, 2012 12:31pm
Quoting smikester
Good night Illbeback. You will be back?
Another day another dollar today $
Come with me if you want to live....
  • #301,274
  • Feb 23, 2012 12:36pm Feb 23, 2012 12:36pm
Quoting Ill-b-back
Kind of looks like it wants to go back up to the 4 hr 100sma to me.
SL at BE, 11.56pm here. Good night everyone.
Ummm, I meant the 15min
Come with me if you want to live....
  • #301,275
  • Feb 23, 2012 12:36pm Feb 23, 2012 12:36pm
Quoting Ill-b-back
Another day another dollar today $

you are walking with a light tone in your posts - been on the right side of the trades lately eh?
I don't trust any move - when you have profit...take it.
  • #301,276
  • Feb 23, 2012 12:57pm Feb 23, 2012 12:57pm
Quoting Faller
you are walking with a light tone in your posts - been on the right side of the trades lately eh?
Yes bro, this wide ranging market producing some good setups. What do you mean by a tight rope? They seem risky? Almost the Easiest pips I've ever made. At work now.
Come with me if you want to live....
  • #301,277
  • Edited 1:06pm Feb 23, 2012 1:04pm | Edited 1:06pm
Quoting Faller
Been sitting in my long since 10:30AM this morning - sat through all that chop.....the move is now starting that I saw in the charts this morning.....hold on your hats - it is lift off time!

Faller.

oh....entry 1.5700 - stop 1.5680 but once above 1.5710 I will set stop at breakeven plus 5 pips. target???? looking at 1.5720 and if break above that then 1.5750.

can post my trading platform for those non believers....but there are enough people here that have seen those posts in the past to know I am not a bullSh*Tter -

Was bored sitting here...

fyi - closed position manually plus 10 pips no need to be a hero - not liking the PA here - dollar index looks like it wants to move up - oil is over extended which will put pressure on USD to rise - nice gains for the day. Going for nap - might be back at Asian time.....Cheers everyone.

if it pops up as I thought....then so be it - there will always be another time to enter a trade.....final thought.
I don't trust any move - when you have profit...take it.
  • #301,278
  • Feb 23, 2012 1:07pm Feb 23, 2012 1:07pm
Quoting Ill-b-back
Yes bro, this wide ranging market producing some good setups. What do you mean by a tight rope? They seem risky? Almost the Easiest pips I've ever made. At work now.

ummmm errrr ahhhhh. you can read right?

read my post again....I did not say tight rope........I said light tone.
I don't trust any move - when you have profit...take it.
  • #301,279
  • Feb 23, 2012 1:17pm Feb 23, 2012 1:17pm
Quoting Faller
Been sitting in my long since 10:30AM this morning - sat through all that chop.....the move is now starting that I saw in the charts this morning.....hold on your hats - it is lift off time!

Faller.

oh....entry 1.5700 - stop 1.5680 but once above 1.5710 I will set stop at breakeven plus 5 pips. target???? looking at 1.5720 and if break above that then 1.5750.

can post my trading platform for those non believers....but there are enough people here that have seen those posts in the past to know I am not a bullSh*Tter -

Was bored sitting here...
Im still holding on for the close at 1.5720 Been open since morning..
To live a successful life, we must lose our fear of being wrong
  • #301,280
  • Feb 23, 2012 1:18pm Feb 23, 2012 1:18pm
Quoting EatPIPs
Im still holding on for the close at 1.5720 Been open since morning..
SL currently at BE.
To live a successful life, we must lose our fear of being wrong
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