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Cable Update (GBPUSD)

  • #341
  • Nov 29, 2006 10:28am Nov 29, 2006 10:28am
Anyone have any idea if gbpusd is falling or it is "fooling around" with me.
I am scared, but it might go to 9550.

fix it god, fix it! waaahh!
  • #342
  • Nov 29, 2006 12:33pm Nov 29, 2006 12:33pm
The cable just dropped 40 points, does this mean its time to go short?
  • #343
  • Nov 29, 2006 12:46pm Nov 29, 2006 12:46pm
Short @1.9449 Stop at 1.9501 TP at 1.9402
  • #344
  • Nov 29, 2006 1:34pm Nov 29, 2006 1:34pm
Mickey the time to go short was 5mins before the big drop

Shorting here could work, abit late in the day so expect sideways made up a tad for a better price.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #345
  • Nov 29, 2006 9:27pm Nov 29, 2006 9:27pm
Uh Hunh.......... SHORT Postion until about 1.9409. Once it hits that I think she is going to climb again. Just one lil Cable traders opinion. Happy pippin!
Show me the PIPS!
  • #346
  • Nov 29, 2006 9:31pm Nov 29, 2006 9:31pm
Looks like everybody goin short now but im still long
"Invest With The Insiders, Not The Masses" George Muzea
  • #347
  • Nov 29, 2006 9:58pm Nov 29, 2006 9:58pm
Quoting Qu|cksilver
Looks like everybody goin short now but im still long
am still long...
  • #348
  • Nov 29, 2006 9:59pm Nov 29, 2006 9:59pm
Quoting Qu|cksilver
Looks like everybody goin short now but im still long
I am with you. I reentered long at 1.9460.
  • #349
  • Nov 29, 2006 10:05pm Nov 29, 2006 10:05pm
Good... we will take their money those who short! LOL
"Invest With The Insiders, Not The Masses" George Muzea
  • #350
  • Nov 29, 2006 10:10pm Nov 29, 2006 10:10pm
Quoting Qu|cksilver
Good... we will take their money those who short! LOL
Are U trade 24h ????


  • #351
  • Nov 29, 2006 10:10pm Nov 29, 2006 10:10pm
HA HA! Not funny......... J/K : I still have 10 lots going in a LONG position from LAST WEEK! Though I am sticking to my guns she'll go down before she continues up. I think we'll all win here.......
Show me the PIPS!
  • #352
  • Nov 29, 2006 10:16pm Nov 29, 2006 10:16pm
I trade only when my cat give me trade signal and monitor charts 18hrs a day.



Quoting Piters
Are U trade 24h ????


"Invest With The Insiders, Not The Masses" George Muzea
  • #353
  • Nov 29, 2006 10:37pm Nov 29, 2006 10:37pm
Quoting Qu|cksilver
Good... we will take their money those who short! LOL
well i think it's depend on the strategy that used by the trader rite? i long and short.long for the short time and short for the long term..
  • #354
  • Nov 29, 2006 10:52pm Nov 29, 2006 10:52pm
Yes i agree with you.

Quoting parlenk
well i think it's depend on the strategy that used by the trader rite? i long and short.long for the short time and short for the long term..
"Invest With The Insiders, Not The Masses" George Muzea
  • #355
  • Edited 11:10pm Nov 29, 2006 10:59pm | Edited 11:10pm
Since cable going up very high at this stage, they don;t follow their trade signal... but they are trying to predict the price the movement. Some traders say.. ohh pound will not going up again.. it will reverse and they short now! That's wrong.. Please people don't get me wrong.. follow your system.. obey your system and don't break it if you love to get positive pips.

P/S: Don't trust me but trust yourself and trust your method! LOOL

Quoting Qu|cksilver
Yes i agree with you.
"Invest With The Insiders, Not The Masses" George Muzea
  • #356
  • Nov 29, 2006 11:49pm Nov 29, 2006 11:49pm
Quoting pdhawan
I am with you. I reentered long at 1.9460.
pdhawan,
did u use an entry stop to buy or market order at 9460?
Look like u use a 5 or 15min chart to enter..
CCI decipherer
  • #357
  • Nov 30, 2006 12:30am Nov 30, 2006 12:30am
sogt725, I re-entered based on Price bouncing off 55ema on hourly.
  • #358
  • Nov 30, 2006 12:35am Nov 30, 2006 12:35am
How far does it need to bounce off of 55 ema. I been using the 5/13/62 and the 62 ema is close to the 55ema.
Quoting pdhawan
sogt725, I re-entered based on Price bouncing off 55ema on hourly.
  • #359
  • Nov 30, 2006 1:22am Nov 30, 2006 1:22am
lastly it breaks 1.9550..
"Invest With The Insiders, Not The Masses" George Muzea
  • #360
  • Nov 30, 2006 1:26am Nov 30, 2006 1:26am
Ahhhhhhhhhh soooooooooo........... the 20% failure rating on my system worked on my SHORT position *LOL*but man oh man is this LONG position still going! So I am thinking if it closes above the ol 1.9555 we could see 1.9610!
Show me the PIPS!
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