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Cable Update (GBPUSD)

  • #33,101
  • Sep 27, 2007 8:41pm Sep 27, 2007 8:41pm
Quoting rukawa121
Anyone know what's going on with GBP? it spike 40 pips in 15 mins.
may be cause GJ dropping after Japan exporters data
  • #33,102
  • Sep 27, 2007 8:52pm Sep 27, 2007 8:52pm
Quote
Anyone know what's going on with GBP? it spike 40 pips in 15 mins.

I woke up and it was hovering around .0295
I said koooool and went to loooo
I come back its 50+ points down

DAANNNGGGGG

Thank God, I've been out of GU for 2 days now

Paying SWAP daily on locked profits, lolz
Hello World!
  • #33,103
  • Sep 27, 2007 9:02pm Sep 27, 2007 9:02pm
I took a bite at the spike when it retrace to 2.0255 and cover near 20235 area. I am a lucky man.
  • #33,104
  • Sep 27, 2007 9:17pm Sep 27, 2007 9:17pm
Quoting Qu|cksilver
I wonder what is so special about his thread?
Give them 3 months then count the numbers
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #33,105
  • Sep 27, 2007 9:18pm Sep 27, 2007 9:18pm
http://i6.photobucket.com/albums/y20...493/SUCK-1.png
  • #33,106
  • Sep 27, 2007 9:21pm Sep 27, 2007 9:21pm
Quoting patrickBOOTH
http://i6.photobucket.com/albums/y20...493/SUCK-1.png
???

Uhh welcome .. uhh.. to Forex factory
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #33,107
  • Sep 27, 2007 10:35pm Sep 27, 2007 10:35pm
BR,

u still holding ur long cables or what ?
just curious, don't share if u don't want to.

I think I'm not going to play today unless I'm forced to.
Since its Friday today, I'll just let things roll on their own.

If FX does not piss me today, its just gonna be a grand day for me
but as we all know hopes don't help, in FX at least
YET I'm GONNA REMAIN HOPEFUL

month is about to wind up, I'm badly looking forward to it.
Lets see how it goes today.

Good Luck to all fella members here

CHOW :-)
Hello World!
  • #33,108
  • Sep 27, 2007 11:06pm Sep 27, 2007 11:06pm
Quoting patrickBOOTH
http://i6.photobucket.com/albums/y20...493/SUCK-1.png
welcome, what an entry...
  • #33,109
  • Sep 27, 2007 11:12pm Sep 27, 2007 11:12pm
Another one added to my ignore list. Running out of space. Hope there isn't a limit because there is always more boneheads coming to FF.
  • #33,110
  • Sep 27, 2007 11:20pm Sep 27, 2007 11:20pm
Quote
welcome, what an entry...

He is not someone new to this board, how would anyone new know Bravado and his style, photos etc. ?
Hello World!
  • #33,111
  • Edited 1:18am Sep 28, 2007 12:30am | Edited 1:18am
Quoting cesarnc
Reversal formation in the hourly. Target 0200, SL 0290
Thank you. Although cable touched my stop loss, I reentered it.
It was hit target at 2.0200.

Quoting Warper
I will drink milk. Real men drink milk.

Don't you go to the gym? SO...

I can get you several quotes of your friends saying it.

The explanation is very simple.. Its not about if the strategies have results or not.

Its about the fact that when someone lose, some how they feel conforted to the fact that their teachers lost too.

We see Entry SL and target every five minutes. They just like to know that if a trade becomes a loser, they will not panic because 5 minutes from there they get another (entry / target) to aim without thinking about it, without feeling the fear.

Its like a team. If we follow the leader, we feel better in losses and wins. Without a leader, there is no army. Thats why there are less soldiers here.

Here you lose and you have to take a breath and restart because no body will help you.

Probably everyone was in the opposite direction in the first place, but not there. There is the same entry and SL for everyone, everyone feels good or share the pain! Not bad thinking if the strategy works.

They aim for 500 pip targets based on 5 minute charts. I don't think it works.:
Compared them to us, we use our own different strategies. But that's not the problem. We have the army but we sometimes insult each other (commanders, generals, captains, sergeants, soldiers, etc). We know that the forex world is tough but if we lose our patience, our trade may become losses at the end.

If we want to be success, simple rule:
Don't fight each other (rude comments, etc). Don't blame each other when their results were losses.

You can imagine that in the forum, we sometimes fight each other. In the real world, if we were represented as the countries, we could continuously create the world wars (which never end). War, next war, next war, etc.
  • #33,112
  • Sep 28, 2007 1:06am Sep 28, 2007 1:06am
Quoting ClockTrader
BR,

u still holding ur long cables or what ?
just curious, don't share if u don't want to.

I think I'm not going to play today unless I'm forced to.
Since its Friday today, I'll just let things roll on their own.

If FX does not piss me today, its just gonna be a grand day for me
but as we all know hopes don't help, in FX at least
YET I'm GONNA REMAIN HOPEFUL

month is about to wind up, I'm badly looking forward to it.
Lets see how it goes today.

Good Luck to all fella members here

CHOW :-)

It if Friday as you say. I do not trade!! But here is what happened. I have opened longs on GU and GJ around around 10pm GMT and all my stop losses have been hit where I was down by -3.7% then I have opened reverse positions and went to sleep... When I woke up I saw that they gave me back my losses where I closed evereything an decided that we are Friday today.
.
  • #33,113
  • Sep 28, 2007 1:06am Sep 28, 2007 1:06am
Allserene,

If you haven't already posted it, I would be interested in your thoughts on the UK housing figures that were reported yesterday:

3:30pm GBPNationwide House Prices m/m http://www.forexfactory.com/images/m...act_medium.gif0.7%
0.3%0.6%


As you can see it shows another increase in property values...Do you believe this could be flawed somehow?

Thanks
  • #33,114
  • Sep 28, 2007 1:10am Sep 28, 2007 1:10am
Quoting ClockTrader
He is not someone new to this board, how would anyone new know Bravado and his style, photos etc. ?
Easy... just read the whole thread..
  • #33,115
  • Sep 28, 2007 1:18am Sep 28, 2007 1:18am
Quote
It if Friday as you say. I do not trade!! But here is what happened. I have opened longs on GU and GJ around around 10pm GMT and all my stop losses have been hit where I was down by -3.7% then I have opened reverse positions and went to sleep... When I woke up I saw that they gave me back my losses where I closed evereything an decided that we are Friday today.

thats like my boy who never loses

Quote
Easy... just read the whole thread..

Hello World!
  • #33,116
  • Sep 28, 2007 1:23am Sep 28, 2007 1:23am
Thanks God It's Fri. folkes;
I am new to the forum; thanks for welcoming me!!!!!!!!!!!
My opinion for the GBP is that first 2 days of next week price might move up from here somewhat and when they don't raise the rate it will drop like a rock to about 19900 at least; I am shorting it from here ; maybe it won't go up from here after all.
  • #33,117
  • Sep 28, 2007 1:25am Sep 28, 2007 1:25am
I think Cable needs some Viagra, until then it'll remain weak. I am losing my faith in long term Cable trend.

Hello World!
  • #33,118
  • Sep 28, 2007 1:31am Sep 28, 2007 1:31am
cable is now far below ur lowest, what do u think is the next thing from here, do u think we can see more of the up movement later or we are seen the major fall from here, cuz was trapped by the bull when i slept off. kindly let me know if you have any insight about this. thanks am waiting plz....

Quoting santoso
Thank you. Although cable touched my stop loss, I reentered it.
Almost left 11 pips (the lowest 2.0211) to target at 2.0200 but I protect my profit.



Compared them to us, we use our own different strategies. But that's not the problem. We have the army but we sometimes insult each other (commanders, generals, captains, sergeants, soldiers, etc). We know that the forex world is tough but if we lose our patience, our trade may become losses at the end.

If we want to be success, simple rule:
Don't fight each other (rude comments, etc). Don't blame each other when their results were losses.

You can imagine that in the forum, we sometimes fight each other. In the real world, if we were represented as the countries, we could continuously create the world wars (which never end). War, next war, next war, etc.
  • #33,119
  • Sep 28, 2007 1:34am Sep 28, 2007 1:34am
Quoting ClockTrader
I think Cable needs some Viagra, until then it'll remain weak. I am losing my faith in long term Cable trend.

The reason is that the dominant new for next week is teh rate first; and every one knows they are neutral on that; so looking for more drops from here and when that is done it will inch up for probably another bad payroll
# , so this triangle that we have probalbly becomes a channel in 10 days.
I told u soooooo...........
good luck
  • #33,120
  • Sep 28, 2007 1:36am Sep 28, 2007 1:36am
Quote
good luck

Thanks !
Hello World!
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