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Cable Update (GBPUSD)

  • #26,881
  • Aug 26, 2007 5:14pm Aug 26, 2007 5:14pm
you guys should check out metastock pro fx realy good sofware, metastock.com
If I Go Broke Trying Then I Will die happy.
  • #26,882
  • Aug 26, 2007 5:21pm Aug 26, 2007 5:21pm
Huge stop, I did shorts but stop 2.0200.

MetaStock Pro FX? Why? What additional features it has?
Forex is not easy!
  • #26,883
  • Aug 26, 2007 5:23pm Aug 26, 2007 5:23pm
Quoting pino2
What is your signs for going short
pre-define trading system that scan the market and give buy and sell signal's with win %, this trade had a 50% win percentage so not a good trade, however some of my bigest trade came from 50%, i will close this trade if my system gives me a buy signal that could come before s/l get hit, there is realy no clear direction in the market at the time so the best thing to do is sit and wait till you see a clear direction then jump on with the trend.
If I Go Broke Trying Then I Will die happy.
  • #26,884
  • Aug 26, 2007 5:24pm Aug 26, 2007 5:24pm
trades without signs = gambling
  • #26,885
  • Aug 26, 2007 5:24pm Aug 26, 2007 5:24pm
go aud/jpy go go,...:
its just money
  • #26,886
  • Aug 26, 2007 5:28pm Aug 26, 2007 5:28pm
Quoting AhmedFouad
Huge stop, I did shorts but stop 2.0200.

MetaStock Pro FX? Why? What additional features it has?
check it out for yourself, order there free brochure
If I Go Broke Trying Then I Will die happy.
  • #26,887
  • Aug 26, 2007 5:30pm Aug 26, 2007 5:30pm
Quoting pino2
trades without signs = gambling
depends on your system.
If I Go Broke Trying Then I Will die happy.
  • #26,888
  • Aug 26, 2007 5:33pm Aug 26, 2007 5:33pm
Pino is doing very good, i dont know why he needs any recomendations,...just keep on adding, u are doing just fine...
its just money
  • #26,889
  • Aug 26, 2007 5:35pm Aug 26, 2007 5:35pm
Quoting de123
Pino is doing very good, i dont know why he needs any recomendations,...just keep on adding, u are doing just fine...
co-signer, good for pino.
If I Go Broke Trying Then I Will die happy.
  • #26,890
  • Aug 26, 2007 5:40pm Aug 26, 2007 5:40pm
It's not that I need recommendations, but I just had some signs for going long and that was on Friday, and I found that many are thinking to go short, even my broker recommended this, so for myself, I will wait and see what will happen on Monday, and will take action accordingly, but I just wanted to know what are the signs that made the people went short here
  • #26,891
  • Aug 26, 2007 5:44pm Aug 26, 2007 5:44pm
Quoting pino2
It's not that I need recommendations, but I just had some signs for going long and that was on Friday, and I found that many are thinking to go short, even my broker recommended this, so for myself, I will wait and see what will happen on Monday, and will take action accordingly, but I just wanted to know what are the signs that made the people went short here
i know you don't need recommendation pino and i wasn't given none, b.t.w. never trust your broker unless you was getting good trade signal from them.
If I Go Broke Trying Then I Will die happy.
  • #26,892
  • Aug 26, 2007 5:46pm Aug 26, 2007 5:46pm
Quoting pino2
It's not that I need recommendations, but I just had some signs for going long and that was on Friday, and I found that many are thinking to go short, even my broker recommended this, so for myself, I will wait and see what will happen on Monday, and will take action accordingly, but I just wanted to know what are the signs that made the people went short here
when ur brokers recomends such things, then its a clear buy, do u watch yen crosses, in 2 days they will be 300 pips above current levels...i longed the aussy, enough for today,....tomorow next yen crosses...
its just money
  • #26,893
  • Aug 26, 2007 5:50pm Aug 26, 2007 5:50pm
Quoting de123
when ur brokers recomends such things, then its a clear buy,

It's still unclear for me
  • #26,894
  • Aug 26, 2007 5:53pm Aug 26, 2007 5:53pm
Cable pressing important fibonacci resistance, and threatening my short.
However, I think EURUSD can test 1.3700 area after clearing fibonacci resistance. Probably no correlation here.
Forex is not easy!
  • #26,895
  • Aug 26, 2007 5:59pm Aug 26, 2007 5:59pm
It is AUD on the push, trading the nice NYC and dragging cable. Here comes Tokyo to do likewise. As US market's been the focus, Oceania and Asia are the last trades, not the first.

AUD and Tokyo tell absolutely NOTHING, ZERO, NADA about the next trading day.

What a anxiety...LOL.. Nice way to know what to do is checking those "What now? what now? Do we have a long? I'm hedging? Should I cut? Sell!! sell!! no!! buy buy buy! fast!!!" at auslanco's. This is signal that "nothing is really going on".
  • #26,896
  • Aug 26, 2007 6:05pm Aug 26, 2007 6:05pm
Quoting cesarnc
It is AUD on the push, trading the nice NYC and dragging cable. Here comes Tokyo to do likewise. As US market's been the focus, Oceania and Asia are the last trades, not the first.

AUD and Tokyo tell absolutely NOTHING, ZERO, NADA about the next trading day.

What a anxiety...LOL.. Nice way to know what to do is checking those "What now? what now? Do we have a long? I'm hedging? Should I cut? Sell!! sell!! no!! buy buy buy! fast!!!" at auslanco's. This is signal that "nothing is really going on".
true indeed
If I Go Broke Trying Then I Will die happy.
  • #26,897
  • Aug 26, 2007 6:06pm Aug 26, 2007 6:06pm
Quoting AhmedFouad
Cable pressing important fibonacci resistance, and threatening my short.
However, I think EURUSD can test 1.3700 area after clearing fibonacci resistance. Probably no correlation here.
l.o.l. emotion's and money don't mix.
If I Go Broke Trying Then I Will die happy.
  • #26,898
  • Aug 26, 2007 6:07pm Aug 26, 2007 6:07pm
lowered stop loss to 2.0185. Spread is 10 pips hopefully it does not hit before spreads are lowered.

Speaking about Cable, GBPJPY looks set to test 240 this week. But It does not dip lol... No chance, no chance
Forex is not easy!
  • #26,899
  • Aug 26, 2007 6:10pm Aug 26, 2007 6:10pm
Quoting AhmedFouad
lowered stop loss to 2.0185. Spread is 10 pips hopefully it does not hit before spreads are lowered.

Speaking about Cable, GBPJPY looks set to test 240 this week. But It does not dip lol... No chance, no chance
or you with oanda, 10 pip spread at the moment.
If I Go Broke Trying Then I Will die happy.
  • #26,900
  • Aug 26, 2007 6:13pm Aug 26, 2007 6:13pm
We should send complaints to Oanda, to reduce their spreads from 3 hours ago or something.

The movement is so huge. They should treat this time as regular market condition.
Forex is not easy!
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