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Cable Update (GBPUSD)

  • #331,161
  • Nov 28, 2012 12:54pm Nov 28, 2012 12:54pm
Quoting walkman
expecting reaction on fibo 38
Quoting walkman
will think about this
i was out of pc... Not bad fibo 38
Attached Image
  • #331,162
  • Nov 28, 2012 1:11pm Nov 28, 2012 1:11pm
Quoting FX Wolf
fakk it my mind is corrupted now no more trading till moth end

gl friends
GL mate. It's been crazy today. You know I was short earlier. Then long at 1.5982. That's when I targeted 1.6078. Then I went short again at 1.5982.

I guess I will not be impulsive and wait for 4H and Daily to close.
  • #331,163
  • Nov 28, 2012 2:18pm Nov 28, 2012 2:18pm
Quoting CasperTrader
GL mate. It's been crazy today. You know I was short earlier. Then long at 1.5982. That's when I targeted 1.6078. Then I went short again at 1.5982.

I guess I will not be impulsive and wait for 4H and Daily to close.
Sounds like my type of trading impulse

Daily close or month end probably a very good idea
Come with me if you want to live....
  • #331,164
  • Nov 28, 2012 2:36pm Nov 28, 2012 2:36pm
daily at the moment suggesting weekly is still long. If daily closes as it is now, Im going north again.
  • #331,165
  • Nov 28, 2012 2:47pm Nov 28, 2012 2:47pm
If we close around this area, I get the feeling we are going to get teased a great deal during Frankie session.
Come with me if you want to live....
  • #331,166
  • Nov 28, 2012 3:03pm Nov 28, 2012 3:03pm
i just got back in long. My long at beginning of week got stopped out. I was ten pips too little. But now gonna jump back on board.
  • #331,167
  • Nov 28, 2012 3:05pm Nov 28, 2012 3:05pm
CABLE Upward Re-Test Price 1.6021 again...
If BROKEN go to Next Level 1.6032 & Highest 1.6043

Be Careful... found Bearish Engulfing Signal in DAILY Chart :nerd:
Always looking the GREAT, never left GOOD Point...
  • #331,168
  • Nov 28, 2012 3:13pm Nov 28, 2012 3:13pm
Quoting Tsar
CABLE Upward Re-Test Price 1.6021 again...
If BROKEN go to Next Level 1.6032 & Highest 1.6043

Be Careful... found Bearish Engulfing Signal in DAILY Chart :nerd:

and if 1.6050 broken we might go 1.6130-70
Loosening is not an option
  • #331,169
  • Nov 28, 2012 3:14pm Nov 28, 2012 3:14pm
if we can clear 6054 then 150 it is.
  • #331,170
  • Nov 28, 2012 3:19pm Nov 28, 2012 3:19pm
Quoting alex1976
if we can clear 6054 then 150 it is.
Loosening is not an option
  • #331,171
  • Nov 28, 2012 3:37pm Nov 28, 2012 3:37pm
I'm 50 lots short, should I close?
Yeah?! Well.. you know, that's just like.. your opinion man! - Big Lebowski
  • #331,172
  • Nov 28, 2012 5:21pm Nov 28, 2012 5:21pm
Quoting Yuri57
I'm 50 lots short, should I close?

50 lots ) nice what is one pip worth?
Loosening is not an option
  • #331,173
  • Edited 5:56pm Nov 28, 2012 5:52pm | Edited 5:56pm
Quoting Ill-b-back
Sounds like my type of trading impulse

Daily close or month end probably a very good idea
Thanks. I thought I was the only one doing the crazy trading. Daily and weekly suggest another bull daily candle coming. I'll wait to long at 1.5992 until London otherwise suck up the loss and go long higher. 1.6078 back in view.
  • #331,174
  • Nov 28, 2012 6:53pm Nov 28, 2012 6:53pm
Quoting cdndollar
morning..
Cable PA under the influence of EURUSD+EURGBP+GBPUSD 3 way Cross play with D1 painting an mid-week "3 Bar Bungee Coil" here..
PA nothing to get excited about.. yet..

Attachment
morning.. Bungee Coil getting ready to Spring..
Attached Image
  • #331,175
  • Nov 28, 2012 7:04pm Nov 28, 2012 7:04pm
Quoting cdndollar
morning.. Bungee Coil getting ready to Spring..
Attachment
Today could also be a nothing day, mr market won't want to give the month end game away before it absolutely has to. Big wigs talking Friday also.

Looking at my 1hr, the Bungee cord looks like it is carrying quite a heavy load??
Come with me if you want to live....
  • #331,176
  • Nov 28, 2012 7:10pm Nov 28, 2012 7:10pm
Quoting Tsar
CABLE Upward Re-Test Price 1.6021 again...
If BROKEN go to Next Level 1.6032 & Highest 1.6043

Be Careful... found Bearish Engulfing Signal in DAILY Chart :nerd:
And then Bullish Hammer Signal in DAILY Chart, Today

Attention the NEWS @ 5:30pm BOE Gov King Speaks :nerd:
Always looking the GREAT, never left GOOD Point...
  • #331,177
  • Nov 28, 2012 7:32pm Nov 28, 2012 7:32pm
Quoting Ill-b-back
Today could also be a nothing day, mr market won't want to give the month end game away before it absolutely has to. Big wigs talking Friday also.

Looking at my 1hr, the Bungee cord looks like it is carrying quite a heavy load??
morning..
Its only another 1/2 figs for the month end game to spring the Coil above 1.61.. IMHO its too close for the "SOS(Support Our Sharks) & SOB(Support Our Bulldogs) Squadron" to retreat..

EURGBP PA side to up with EURUSD SOB's pushing above 1.2968 could do it..
  • #331,178
  • Nov 28, 2012 7:35pm Nov 28, 2012 7:35pm
Quoting CasperTrader
Thanks. I thought I was the only one doing the crazy trading. Daily and weekly suggest another bull daily candle coming. I'll wait to long at 1.5992 until London otherwise suck up the loss and go long higher. 1.6078 back in view.
Yes, I still get sucked into protective trading and taking early profits at times, particularly in these situations.

Market making bluff, double bluff, and still 2 high impact news trading days to come

It's the stuff of legends
Come with me if you want to live....
  • #331,179
  • Nov 28, 2012 7:39pm Nov 28, 2012 7:39pm
Quoting cdndollar
morning..
Its only another 1/2 figs for the month end game to spring the Coil above 1.61.. IMHO its too close for the "SOS(Support Our Sharks) & SOB(Support Our Bulldogs) Squadron" to retreat..

EURGBP PA side to up with EURUSD SOB's pushing above 1.2968 could do it..
Yes I agree the Euro is strong

To me this right shoulder just looks like it should be in a sling to hold it up that's all, I'm not convinced yet by its strength.

We will def know by weeks end though
Come with me if you want to live....
  • #331,180
  • Nov 28, 2012 8:21pm Nov 28, 2012 8:21pm
Quoting Ill-b-back
Yes, I still get sucked into protective trading and taking early profits at times, particularly in these situations.

Market making bluff, double bluff, and still 2 high impact news trading days to come

It's the stuff of legends
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