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jack.canadia replied Jun 17, 2009im out for a bit short orders at 6330 and 6355. ill be back for bernanke.
Cable Update (GBPUSD)
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jack.canadia replied Jun 17, 20096320/50 man!
have the same area in mind with a short order waiting at 6330.Cable Update (GBPUSD)
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jack.canadia replied Jun 17, 2009that could work .. use a stop loss the US news may cause random spikes and could cause a breakout lower.
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jack.canadia replied Jun 17, 2009good work man .. seems we both made some money over night!@
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jack.canadia replied Jun 17, 2009either direction man ... break lower or else i favor a pullback for 6350 area to short again. US news in a few minutes will cause some volatility so please dont guess the news. wasnt the GBP news better than expected last night and it fell? the news ...
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jack.canadia replied Jun 17, 2009i agree .. no one should have been buying last night anyway.
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jack.canadia replied Jun 17, 2009morning guys .. had another successful night .. failed short at 6425 took +5 pips then shorted just below 6500 and closed at 6260 for some hefty gains! my bias is down and all i have been doing it shorting rallies. that double top is the catalyst ...
Cable Update (GBPUSD)
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jack.canadia replied Jun 16, 2009That 1-hr candle will look nice in 3 minutes if it closes where it is now
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jack.canadia replied Jun 16, 2009daily pivot and prior s/r level .. so yes. i am aiming much lower though
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jack.canadia replied Jun 16, 2009I went short 6425, SL to BE already. Retraced to a 50%, Daily M3 pivot and the black line is the 38.2% level from 2.12 to 1.35 which has been respected a few times prior.
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jack.canadia replied Jun 16, 2009I'll be on later with my ideas, if I have any. Today was a good day. Dont have a pip count .. alot of partial profit taking here and there and finally closed my last remaning shorts. See you after 00:00 GMT
Cable Update (GBPUSD)
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jack.canadia replied Jun 16, 2009Today DOW chart .. Close below 8600 and the 200 SMA .. Volume is still lower.. Would have like to see increasing volume on this down move to convince me more that selling off in the markets is going to take place.. Will have to see what tomorrow ...
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jack.canadia replied Jun 16, 2009Are you in profit? I dont know where it will go. Down would be nice lol
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jack.canadia replied Jun 16, 2009Where would that thing project to? What target price on the short side?>
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jack.canadia replied Jun 16, 2009Well it's less active since the London session is closed since 11am EST ... NY closes in about 2 hours and 45 minutes so anything can happen still.
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jack.canadia replied Jun 16, 2009Yes i saw that! It was a good play since the trend is still up, but weakening with that double top. And that 1-2-3 was good for both an aggressive and conservative entry! I fell asleep just before that point in time so I missed it so I hope you ...
Cable Update (GBPUSD)