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Cable Update (GBPUSD)

  • #350,081
  • Oct 23, 2013 8:01am Oct 23, 2013 8:01am
Quoting JimmyC
{quote} Probably more like this... {image}
hhaaha great ... and unfortunatelly really true
  • #350,082
  • Oct 23, 2013 8:04am Oct 23, 2013 8:04am
Quoting suthmo
Tip for bears If your short from 6170 I think u will be under water 30 pips till 8am tomorrow.
For sure NO because I have 20pips SL so no problem even if ...

GL
  • #350,083
  • Oct 23, 2013 8:13am Oct 23, 2013 8:13am
Quoting fxmasterdxb
{quote} maybe not looking ugly now LOL anyway will wait for the hour close to decide
The hour close, what does she say?
Founder of Sutherland Wave Principle
  • #350,084
  • Oct 23, 2013 8:28am Oct 23, 2013 8:28am
Quoting suthmo
{quote} The hour close, what does she say?
She says hold on and wait for my signal LOL

if this 15 mins candle holds 1.6173 I will short!
  • #350,085
  • Oct 23, 2013 8:31am Oct 23, 2013 8:31am
Quoting suthmo
Tip for bears If your short from 6170 I think u will be under water 30 pips till 8am tomorrow.
Complete nonsense this kind of statement
New voice message: Why are you calling me? If I need you, I'll call you!
  • #350,086
  • Oct 23, 2013 8:37am Oct 23, 2013 8:37am
Quoting fxmasterdxb
by the way, for whomever trading oil, it seems its bottoming now and providing a sweet chance for a long check the chart with the last few 15 mins candle and last 2 H1 candles
I hope you guys managed to take the trade! Currently 80 points up and still rallying!
  • #350,087
  • Oct 23, 2013 9:36am Oct 23, 2013 9:36am
Quoting KillerWhale
{quote} Complete nonsense this kind of statement
Here maybe this will help it make sense. Based on what I see happening, I'm just offering some friendly advice should anyone find their selves underwater from 1.6170 tonight.
Attached Image (click to enlarge)
Click to Enlarge Name: Killer Whale support aid.png Size: 35 KB
Founder of Sutherland Wave Principle
  • #350,088
  • Edited 10:18am Oct 23, 2013 10:07am | Edited 10:18am
Quoting suthmo
{quote} Here maybe this will help it make sense. Based on what I see happening, I'm just offering some friendly advice should anyone find their selves underwater from 1.6170 tonight. {image}
Hope you don't mind. I made a very minor change to your picture

Attached Image (click to enlarge)
Click to Enlarge Name: Killer Whale support aid.png Size: 254 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #350,089
  • Oct 23, 2013 10:09am Oct 23, 2013 10:09am
Quoting PipTrapper
{quote} Hope you don't mind. I made a very minor change to your picture {image}
ROFL best laugh all day man. Touche. Right 1.6170 is underwater. Man the life boats.
Founder of Sutherland Wave Principle
  • #350,090
  • Oct 23, 2013 10:12am Oct 23, 2013 10:12am
tough to read anything in this thread...
Attached Image (click to enlarge)
Click to Enlarge Name: iggies.png Size: 38 KB
Don't have an ego. Always question yourself and your ability.
  • #350,091
  • Oct 23, 2013 10:17am Oct 23, 2013 10:17am
Quoting RamsesII
tough to read anything in this thread... {image}
Lets see if he un ignores me to read this? Hi stupid.
Founder of Sutherland Wave Principle
  • #350,092
  • Oct 23, 2013 10:20am Oct 23, 2013 10:20am
Quoting suthmo
{quote} Lets see if he un ignores me to read this? Hi stupid.
hahaha, this guy ignores anyone disagrees with his opinion! such a child!
  • #350,093
  • Oct 23, 2013 10:22am Oct 23, 2013 10:22am
Quoting RamsesII
tough to read anything in this thread... {image}

Indeed.
  • #350,094
  • Oct 23, 2013 10:28am Oct 23, 2013 10:28am
Cable is pretty much out of steam. All the hype that drove cable up will eventually end in a fizzle followed by a bang. May not happen this month, but it's coming. My bias is short this pair. I'm not that smart to call a top with any certainty and not arrogant enough to say I am definitely right. However, at these highs, the risk is obviously to the downside.
Those who say it cannot be done should not interrupt those who are doing it
  • #350,095
  • Oct 23, 2013 10:29am Oct 23, 2013 10:29am
Quoting suthmo
{quote} Here maybe this will help it make sense. Based on what I see happening, I'm just offering some friendly advice should anyone find their selves underwater from 1.6170 tonight. {image}
Still makes no sense at all.
You don't even mention in what time zone you are.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #350,096
  • Oct 23, 2013 10:47am Oct 23, 2013 10:47am
Hi guys I did take the trade Short form 1.6178 because it fail to pass the resistance and i think i saw something on the 5 min chart.
Currently flat I was hoping the same feeling from you but I really dont know whats your arguments for beeing unserwater to anyone shorting the pair.

Thanks to confort me on my trade if you feel it

Cheers and green pips.
  • #350,097
  • Oct 23, 2013 11:05am Oct 23, 2013 11:05am
Quoting fxmasterdxb
{quote} I hope you guys managed to take the trade! Currently 80 points up and still rallying!
booked 100 pips and looking for a new entry soon
  • #350,098
  • Oct 23, 2013 11:05am Oct 23, 2013 11:05am
Quoting Howhigh
Hi guys I did take the trade Short form 1.6178 because it fail to pass the resistance and i think i saw something on the 5 min chart. Currently flat I was hoping the same feeling from you but I really dont know whats your arguments for beeing unserwater to anyone shorting the pair. Thanks to confort me on my trade if you feel it Cheers and green pips.

good trade, watch the fireworks.
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #350,099
  • Oct 23, 2013 11:06am Oct 23, 2013 11:06am
just incase use a stop loss id say 6 pips above H1 close
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #350,100
  • Oct 23, 2013 11:06am Oct 23, 2013 11:06am
I'm not at home now and don't have access to my charts, but on the daily chart, there is a pretty strong uptrend and I believe we are around 50+ pips or more from hitting that support level.

That Daily uptrend was posted here before by someone, and I believe I posted a chart of it also at some point, dunno if anyone has it handy with a trendline.

My guess is, we run down until we hit that trendline. Then if you're a short term player, you can probably pick up 10 to 20 pips.
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