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GlobalMacro replied Jul 29, 2009only good for T/Ps ...for new positions need for it to settle down....
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GlobalMacro replied Jul 29, 2009not yet, bro...too early...enjoying the ride for now

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GlobalMacro replied Jul 29, 2009I never trusted the break below 1.6400..I'm glad I didn't! — As expected price reenters triangle...shorts squeezed hard...
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GlobalMacro replied Jul 29, 2009you might as well look at it this way...the end of the old trend and the beginning of a wonderful new trend friendship...LOL
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GlobalMacro replied Jul 29, 2009yea MM can be tricky at times...but also important me...I'v been busy recently, now am back trading some more yea definitely stick around the thread, it' s gonna be interesting for sure...

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GlobalMacro replied Jul 29, 2009In response to your question whether or not price will exceed 1.6430 level, I said: If you can afford to ignore pullbacks in almost similar magnitudes then definitely the levels we're at right now gives interesting long setups with more than 80 pips ...
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GlobalMacro replied Jul 29, 2009I'm not arguing with that...hunting the sell stops at the lows has been the name of the game today..they already tried, let's see, three times and I already called their work of art a masterpiece
my point of interest is 1.6400 and its phony ...Cable Update (GBPUSD)
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GlobalMacro replied Jul 29, 2009depends on the trading style, if you can afford to ignore temporary pullbacks, then yes moves towards 1.6467 and maybe above is in the cards. well my style is I never go for any setup that yields me less than at least 80 pips...just to put things ...
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GlobalMacro replied Jul 29, 2009for quick scalp yes...but I thought we're talking bigger pictures (e.g. H4...)
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GlobalMacro replied Jul 29, 2009I definitely agree with the first part of your statement...

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GlobalMacro replied Jul 29, 2009Cool...I was suspicious of the break of 1.6400 from the getgo and the snapback reinforced it...there's a real risk that price reenters the triangle and exits it on the upper side, though...
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GlobalMacro replied Jul 29, 2009you're entitled to your opinion...I'm just saying this is one big nasty short squeeze...bro
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GlobalMacro replied Jul 29, 2009That's exactly the plan...to make you believe just that...

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GlobalMacro replied Jul 29, 2009Just like I said...the kinda stuff the A"^$§&*s are made of... short squeeze,anyone?
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GlobalMacro replied Jul 29, 2009bro, they're good, they're really good...just gotta love em...master f*.$%^ piece
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GlobalMacro replied Jul 29, 2009now it'd definitely be ethical to call em beasts cause that's what they oughtta be made of to be able to pull this stunt...
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