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Cable Update (GBPUSD)

  • #308,701
  • Apr 17, 2012 9:34pm Apr 17, 2012 9:34pm
USDX - dollar index is making a move up - not seeing it reflect yet in the basket of currencies.
I don't trust any move - when you have profit...take it.
  • #308,702
  • Apr 17, 2012 9:36pm Apr 17, 2012 9:36pm
Quoting UbuFamily
I think seal's ugly and not handsome..

Attachment
Hey Ubu, I hope you don't mind me asking, but your chart shows some recent support/resistance around 5875 area, along with a retested bullish break of a TL and possibly even the next TL up if you connect the previous 2 peaks. What do you see for your short?
Come with me if you want to live....
  • #308,703
  • Apr 17, 2012 10:29pm Apr 17, 2012 10:29pm
Quoting Faller
When you find the bear.....poke him in the eye for me. The past price actioon shows that when you find the bear.....and poke him in the eye.....he takes a big shit.....
Sure. Should I grab his balls for u?


I trade to live
  • #308,704
  • Apr 17, 2012 10:33pm Apr 17, 2012 10:33pm
Quoting Ill-b-back
say what? You mean lack of Aussie thread activity?
Nahh forget it..I already forgot what I meant for it..just came back from a seminar..supervising those loan applicants..
I trade to live
  • #308,705
  • Apr 17, 2012 10:39pm Apr 17, 2012 10:39pm
Quoting Ill-b-back
Hey Ubu, I hope you don't mind me asking, but your chart shows some recent support/resistance around 5875 area, along with a retested bullish break of a TL and possibly even the next TL up if you connect the previous 2 peaks. What do you see for your short?

Yes u are correct about the possible minor bullish zone, but as u know from my very old post, at this time of minor consolidation, which we underestimated for paund, which supposed last NY working hour we suppose have a bear drop, which didn't happened, is a good time for quick scalp..both ways buy and sell,

u know I'm a scalper right? scalpers gain bit by bit..lose bit by bit too..

I trade to live
  • #308,706
  • Apr 17, 2012 10:53pm Apr 17, 2012 10:53pm
Quoting UbuFamily
Yes u are correct about the possible minor bullish zone, but as u know from my very old post, at this time of minor consolidation, which we underestimated for paund, which supposed last NY working hour we suppose have a bear drop, which didn't happened, is a good time for quick scalp..both ways buy and sell,

u know I'm a scalper right? scalpers gain bit by bit..lose bit by bit too..

Yeah I forgot, good luck dude
Come with me if you want to live....
  • #308,707
  • Apr 17, 2012 11:01pm Apr 17, 2012 11:01pm
Quoting Ill-b-back
Yeah I forgot, good luck dude
Thank you bro,

U still on your long?
I trade to live
  • #308,708
  • Apr 17, 2012 11:19pm Apr 17, 2012 11:19pm
Quoting UbuFamily
Thank you bro,

U still on your long?
I'm long and short bro, damn I hope to offload soon but if I was going to hedge, this is the zone I think. I'll see how things look tomorrow, not touching this tonight.
Come with me if you want to live....
  • #308,709
  • Apr 18, 2012 12:04am Apr 18, 2012 12:04am
Quoting Ill-b-back
I'm long and short bro, damn I hope to offload soon but if I was going to hedge, this is the zone I think. I'll see how things look tomorrow, not touching this tonight.
why u not touching tonight's NY open?
I trade to live
  • #308,710
  • Apr 18, 2012 12:12am Apr 18, 2012 12:12am
hello everyone..

just nursing my position from yesterday..

i got a feeling that we are very near in breaking the 5800 level..

first minor down side confirmation would be the price trading below 5900..
  • #308,711
  • Apr 18, 2012 12:14am Apr 18, 2012 12:14am
Quoting UbuFamily
why u not touching tonight's NY open?
I very rarely trade NY as it is too late. The majority of my signals, in fact
Nearly all of them now that I am trying to be more disciplined come in at the daily close, that's when I know if I am trading or not. Yesterday's short was just my own analysis and confirmed with Speculator. We are sitting between support and resistance and I generally swing trade off them, so no trade for me.
Come with me if you want to live....
  • #308,712
  • Apr 18, 2012 12:15am Apr 18, 2012 12:15am
Quoting UbuFamily
why u not touching tonight's NY open?
n.y. open is night time where you at, it's day time here, im on n.y. time
  • #308,713
  • Apr 18, 2012 12:16am Apr 18, 2012 12:16am
Quoting Ill-b-back
I very rarely trade NY as it is too late. The majority of my signals, in fact
Nearly all of them now that I am trying to be more disciplined come in at the daily close, that's when I know if I am trading or not. Yesterday's short was just my own analysis and confirmed with Speculator. We are sitting between support and resistance and I generally swing trade off them, so no trade for me.
now i'm one of you indis eh mate.. lol..

nah.. it is obvious that we have a lot of confluences at the 5960.-5965 level.. that level should hold to keep the bearish view alive.. nothing to do on my part..
  • #308,714
  • Apr 18, 2012 12:21am Apr 18, 2012 12:21am
Quoting Ill-b-back
I very rarely trade NY as it is too late. The majority of my signals, in fact
Nearly all of them now that I am trying to be more disciplined come in at the daily close, that's when I know if I am trading or not. Yesterday's short was just my own analysis and confirmed with Speculator. We are sitting between support and resistance and I generally swing trade off them, so no trade for me.
Alright..u got your methods bro
I trade to live
  • #308,715
  • Apr 18, 2012 12:22am Apr 18, 2012 12:22am
Quoting PoundTrader
n.y. open is night time where you at, it's day time here, im on n.y. time
Yea my place GMT+8..

so my 8pm is NY open..

I trade to live
  • #308,716
  • Apr 18, 2012 12:24am Apr 18, 2012 12:24am
Quoting A-speculator
now i'm one of you indis eh mate.. lol..

nah.. it is obvious that we have a lot of confluences at the 5960.-5965 level.. that level should hold to keep the bearish view alive.. nothing to do on my part..

Except for Stops hunting..becareful
I trade to live
  • #308,717
  • Apr 18, 2012 12:25am Apr 18, 2012 12:25am
Quoting UbuFamily
Except for Stops hunting..becareful
i explain this many times.. there's no such thing as stop hunting..
  • #308,718
  • Apr 18, 2012 12:29am Apr 18, 2012 12:29am
Quoting A-speculator
i explain this many times.. there's no such thing as stop hunting..
Uh oh, you are my only indi Specs, I wouldn't fly or trade without you
Come with me if you want to live....
  • #308,719
  • Apr 18, 2012 12:31am Apr 18, 2012 12:31am
there are 3 levels i'm observing atm..

1. cable trading below 5900
2. fiber trading below 3100
3. swissy trading above 9135
  • #308,720
  • Apr 18, 2012 12:33am Apr 18, 2012 12:33am
Quoting Ill-b-back
Uh oh, you are my only indi Specs, I wouldn't fly or trade without you
lol.. i know you also good at TA.. it's actually you who trade and pick the level.. nothing to do with me actually..
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