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Magix replied Dec 8, 2009Stalling on the 15m chart. Base built, but cannot pass the 24SMA... Building lower highs, but not lower lows to go with it. WEDGED! We get close, we hold above for a moment, and as soon as it comes close to looking great...WHAMMO! Spiked hard like a ...
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009Bar none, the worst and ugliest last couple of days I can remember. Hey, I don't mind being wrong and losing on a trade, just do it quick and lemme the eff out. These 8-13 hour channels hardcore suck the privates of (name random animal here)!
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009IF we get back to that area...1.6293, and that's where I am guessing London will take it..I will better gauge direction from there. But, as I figured start of the day(NY session), if we see a lower low then London takes it, we might just be in full ...
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009I have added and taken profit 3 times on this, still holding my original.... We can go down more, and if we do, I will be buying again. Nothing goes straight up or down. But, that's just how I am playing this one. Time target is @ 1.6294. I will be ...
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009Actually, not really in the middle of a downwards move, more likely just hitting the daily support. But...this is just how I see it.
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009I guess that is why we are seeing all trade sessions with a chance to buy @ bottom. We must be in for a big move. Go BULLS!
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009Not really...were still in the same channel....IF we leave the channel, I will chant with you! Until then, I will try to keep myself from a boredom coma.

Cable Update (GBPUSD)
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Magix replied Dec 8, 2009Buwahahahahahahaah All good here my friend. Until we break out of channel, I really don't see a reason to worry.
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009LOL Maybe I will just threaten to drag it behind my car for a while...see what that does.
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009IF the dog thing hasn't brought up cable, neither will the Obama thing. lol
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009Still holding. Will add if we close below the LOD, and wait for the ride back up. We are still in the same channel, so, holding ground, and believe we will still see a retrace. Not much of a play day...**Yawn**
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009Time to resort or should I say extort to extreme measures!
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009We have been playing a game of a magnetic pivot line, which albeit seems to be dropping from start of the week. We are a long ways from the pivot as of current, so, again, just on spec alone I am against the short of the chart. I am with you, zone ...
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009Wait until we clear the channel to adjust this IMO. You seen last night how we were triggering longs before going short...We might see the inverse, short triggers before going long. We are on a short day, and my play is as speculative as everybodies ...
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009We were waiting for you. Now that your back, lets get this wagon train a rolling! Chugga chugga, CHOO CHOO!
Cable Update (GBPUSD)
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Magix replied Dec 8, 200915m Trigger... In long...24SMA slipped under for support of the 15m chart. Holding for 1.6380, 1.6400, 1.6453, 1.6512, 1.6678 S/L 1.6270.
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009Bull trap?? More like Bull CRAP!!! Caught in channel for 6 hours so far. We seen a 13 hour channel yesterday. If this kinda crap keeps up, I gunna resort to picking bottles outa the ditch for a hobby. Buwahahahahahaha
Cable Update (GBPUSD)
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Magix replied Dec 8, 2009Crossing the 24SMA...Same on all time frames. It's what I use.
Cable Update (GBPUSD)