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Cable Update (GBPUSD)

  • #361
  • Nov 30, 2006 1:27am Nov 30, 2006 1:27am
Today if price hit resistance line at 1.9660 then im ready to hold sniper and shot at 1.9650
"Invest With The Insiders, Not The Masses" George Muzea
  • #362
  • Nov 30, 2006 1:30am Nov 30, 2006 1:30am
It felt like GBP slapped my nutsack! I was low 90pips earlier this evening. Thought gbp's times up, SL closed the trade, and now it hits 9550. Ouch! thats just too painful!
  • #363
  • Nov 30, 2006 1:35am Nov 30, 2006 1:35am
Quoting Qu|cksilver
Today if price hit resistance line at 1.9660 then im ready to hold sniper and shot at 1.9650
I will Follow your 18h System from TODAY:

Quoting Qu|cksilver
I trade only when my cat give me trade signal and monitor charts 18hrs a day.
Good Job !!!

  • #364
  • Nov 30, 2006 1:36am Nov 30, 2006 1:36am
man, what do you think is going to happen next? The trend looks like is still going on!! I am abit scared tho of entering to buy for about 50pips..........any ideas?
  • #365
  • Nov 30, 2006 1:37am Nov 30, 2006 1:37am
oh nooo.. don't follow me please... if im wrong don't blame me..



Quoting Piters
I will Follow your 18h System from TODAY:



Good Job !!!

"Invest With The Insiders, Not The Masses" George Muzea
  • #366
  • Nov 30, 2006 1:39am Nov 30, 2006 1:39am
Quoting Qu|cksilver
oh nooo.. don't follow me please... if im wrong don't blame me..
Must be a Trading Hours (18h)


  • #367
  • Nov 30, 2006 1:39am Nov 30, 2006 1:39am
I think you should buy below at 1.9460 area and not it's too late to enter the trade. But never mind.. just keep your $$$ and ready for short somewhere 1.9650 area. good luck.



Quoting venomdesignsUK
man, what do you think is going to happen next? The trend looks like is still going on!! I am abit scared tho of entering to buy for about 50pips..........any ideas?
"Invest With The Insiders, Not The Masses" George Muzea
  • #368
  • Nov 30, 2006 1:45am Nov 30, 2006 1:45am
Thanks man, thats what my mind was tryna say!! man, my broker is a rip off!! they charge me 6pips per trade!! I use igindex......im thinking about switching......?
  • #369
  • Nov 30, 2006 2:07am Nov 30, 2006 2:07am
pdhawan,

u use 55 SMA or EMA? applied on price close/open ?


5/13/62 is rob booker's system but 5/13/55 is all Fibonacci numbers.
CCI decipherer
  • #370
  • Nov 30, 2006 3:25am Nov 30, 2006 3:25am
I exited at 1.9550 on my long. It was nice to wake up and see that. I am entering a entry stop sell at 1.9525.

I trade a hybrid of many things I have learned at FF. I don't use Robs system at all, the 55ema was from Kolachi. Mainly I focus on price action. I also have learned after many times that one day down does not break a trend and there is usually one last fight put up by the bulls before turning down (in case of current trend). My 55ema is based on Median Price (HL/2).
  • #371
  • Nov 30, 2006 6:35am Nov 30, 2006 6:35am
Commentary from forex.com:

GBP is the one to watch here. A break of 1.9610 is going to target 2.00. GBP making 14 years high and all the talk about higher european rates is just adding fuel to the fire.
"Invest With The Insiders, Not The Masses" George Muzea
  • #372
  • Nov 30, 2006 8:58am Nov 30, 2006 8:58am
Cable just break 1.9600.. What do you think? can the price move for another 60 pip today?
"Invest With The Insiders, Not The Masses" George Muzea
  • #373
  • Nov 30, 2006 9:14am Nov 30, 2006 9:14am
Oh no.. i'm ready to hold my sniper right now... i will shoot at 1.9655 stoploss 1.9685
"Invest With The Insiders, Not The Masses" George Muzea
  • #374
  • Nov 30, 2006 9:17am Nov 30, 2006 9:17am
Okay, i got all my money back. all that loss.

take that you big bully GBP. *whacks GBP's nutsack!*
  • #375
  • Nov 30, 2006 9:19am Nov 30, 2006 9:19am
Quoting Qu|cksilver
Cable just break 1.9600.. What do you think? can the price move for another 60 pip today?
Hi Qu|cksilver,

Do u just trade the cable?
  • #376
  • Nov 30, 2006 9:20am Nov 30, 2006 9:20am
put it in your right pocket.. the next trade use money whatever you have in your left pocket



Quoting m00jiman
Okay, i got all my money back. all that loss.

take that you big bully GBP. *whacks GBP's nutsack!*
"Invest With The Insiders, Not The Masses" George Muzea
  • #377
  • Nov 30, 2006 9:21am Nov 30, 2006 9:21am
yes only cable..



Quoting c1ro
Hi Qu|cksilver,

Do u just trade the cable?
"Invest With The Insiders, Not The Masses" George Muzea
  • #378
  • Nov 30, 2006 9:37am Nov 30, 2006 9:37am
any idea
up again or not...?
  • #379
  • Nov 30, 2006 9:39am Nov 30, 2006 9:39am
quick it hink ur right this is the most vicious trend ive ever seen so far on cable, not even a freakin retracement...
  • #380
  • Nov 30, 2006 9:40am Nov 30, 2006 9:40am
Quoting Qu|cksilver
yes only cable..
what method do u use? If u dont mind i'm asking I'm all new in forex
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Fishbones