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Magix replied Nov 19, 2009Actually it's kinda pretty mal, a little busy but your getting there. I would love to buy @ 1.65, would make for an excellent long week next week, but if the trend continues, I would be looking @ 1.6585ish as the buy zone, but we gotta get there ...
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009Scalp Not hoping for a lot, possible range to 1.6637. This was a stupid play...that'll teach me for trading while all hung over n stuff... Out +1...not going to sit counter trend with no volume... Will see where we @ later! Good luck All!
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009Right @ resistance....200EMA 5m. & Double tap @ the top 15m resistance... Took a quick short, favor the day, running it tight like a tiger...
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009Possible hold of current area shows possible higher movement. Target support and resistance on the chart.
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009Watching as we move up a touch, playing with OSMA on hourly showing small bullish rally. Still eyeballing resistance, but playing the strength of direction.

Cable Update (GBPUSD)
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Magix replied Nov 19, 2009I don't assume a trend by a single candle... There is no time frame that this makes sense....and like you said, the week is not over.
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009On going joke my friend, sorry if this has caused any confusion. This was a jested post, as I am still bull on the weekly.

Cable Update (GBPUSD)
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Magix replied Nov 19, 2009Could it be? We agree? Is this truly a sign of the apocalypse? The 55EMA on the 15m has proven to be a tuff nut to crack. Just seems to have hit the 61.8 on the fib...whoa... A breach of that might be indication for further upside move, otherwise ...
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009Playing the zone...M15 chart and watching for bounces and plays off the 1m, using 200EMA, MACD and OSMA.
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009No, I am not surprised. The daily needed a correction. Have said that too. Have said the 4hr needed correction and daily needed correction. A fall was imminent, I just don't see this crashing threw into the basement, weekly still shows long, long ...
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009HEHE, I did...but wasn't 1 pip off top, was 22, 16 and 4 off top, closed in less than 30 minutes and took 56, but that was 3 days ago. I have since traded another 30 lots, and havent really spent all that much time in market since Monday. Small ...
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009Morning kiddies! Looks Like the bears got a nice day to play. HERE COMES 1.4! w00t! Buwahahahahahahah
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009Well, it is like this, who cares what the rest of the market is doing....This is a cable thread. Aight, so USD rallied...is that it? Could you see a possible top on an m5 chart, by either looking @ a trend line on the day or the 1440 ema? It's not ...
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009Your answer, or did you actually pull a cable chart?
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009So, where the Eff did the drop come from? We were heading to the sky and then, WHAMMO! Spiked down like Tom Cruise hit us down like a volley ball in top gun, WHY? Chart PLZ
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009I am not challenging your trade, but could you please post a chart for us, using your trade logic and targeted areas. We are all learning. Thanx Mango!
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009Dude, never be afraid to be confident in your position. This is what will make you a great trader!
Cable Update (GBPUSD)
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Magix replied Nov 19, 2009Really? So, we are Long Term Short Trend now? Based onnnnnnnnnnnnnnnnnnnnnnnn?
Cable Update (GBPUSD)