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Cable Update (GBPUSD)

  • #35,061
  • Oct 11, 2007 10:20am Oct 11, 2007 10:20am
Quoting DutchTrader


Cool pic, that looks like me right before I make it rain at Scores.

Moe,

I agree the us economy isn't booming yet, it will but we need our medicine now.
For he that would be deceived, let him.
  • #35,062
  • Oct 11, 2007 10:21am Oct 11, 2007 10:21am
down, cable, down, COME ON! what was this spike up for? Only a waste of time damn!

PS: USA ROCK!
  • #35,063
  • Oct 11, 2007 10:22am Oct 11, 2007 10:22am
There is also one and only one tool. trendlines/channels and support resistance levels... Nothing else. I have even removed the moving averages becaise they have cluttered my screen.. I can "see" the trend simply looking at the bars and highs and lows etc etc
.
  • #35,064
  • Oct 11, 2007 10:22am Oct 11, 2007 10:22am
Quoting Moe
i want to say i apologize if i offended any one, i wish you all luck in your trading, happy trading to all.

  • #35,065
  • Oct 11, 2007 10:25am Oct 11, 2007 10:25am
Quoting cesarnc
Let's face it. There is nobody intending to buy GBP1.00 and nobody intending to buy USD 1.00 today

Cable sssttaaaaaaalllsssss

I made 15 freaking thousand dollars since yesterday on the AUD/JPY....my best night EVER !!!!!!!!!!!!
For he that would be deceived, let him.
  • #35,066
  • Oct 11, 2007 10:30am Oct 11, 2007 10:30am
Quoting pinchapip
I made 15 freaking thousand dollars since yesterday on the AUD/JPY....my best night EVER !!!!!!!!!!!!
I guess BRAVADO would say .......

CHA-CHIN !!!!!!!!!
For he that would be deceived, let him.
  • #35,067
  • Oct 11, 2007 10:50am Oct 11, 2007 10:50am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting pinchapip
I guess BRAVADO would say .......

CHA-CHIN !!!!!!!!!
and it's still going long,
  • #35,068
  • Oct 11, 2007 10:55am Oct 11, 2007 10:55am
Quoting MPP
and it's still going long,
Free money...man...free money...Weeeeeeeee !!!!!!!!!!!!!
For he that would be deceived, let him.
  • #35,069
  • Oct 11, 2007 10:58am Oct 11, 2007 10:58am
Quoting pinchapip
Free money...man...free money...Weeeeeeeee !!!!!!!!!!!!!
Buz something sexy for zour GF. Or spend a night in a TL bar. or whatever... Treat yourself
.
  • #35,070
  • Oct 11, 2007 11:06am Oct 11, 2007 11:06am
Quoting bullrock
Buz something sexy for zour GF. Or spend a night in a TL bar. or whatever... Treat yourself
I wish Bullrock but I was margin called 2 weeks ago...so...I'm a little behind here !!!!
For he that would be deceived, let him.
  • #35,071
  • Oct 11, 2007 11:10am Oct 11, 2007 11:10am
Quoting pinchapip
I wish Bullrock but I was margin called 2 weeks ago...so...I'm a little behind here !!!!
You are not alone man...
.
  • #35,072
  • Oct 11, 2007 11:12am Oct 11, 2007 11:12am
can i ask.. what time frames do you guys trade.. I only trade daily and weekly. This is my weekly chart for cable.
Attached Image
  • #35,073
  • Oct 11, 2007 11:16am Oct 11, 2007 11:16am
Quoting peterM
can i ask.. what time frames do you guys trade.. I only trade daily and weekly
I'm scalping on the 5min chart since yesterday 3 PM.
For he that would be deceived, let him.
  • #35,074
  • Oct 11, 2007 11:18am Oct 11, 2007 11:18am
Quoting pinchapip
I'm scalping on the 5min chart since yesterday 3 PM.
Hows it going? The broker i use the spreads are too high for scalping.. but they pay good swap rates so its good for medium term positions
  • #35,075
  • Oct 11, 2007 11:21am Oct 11, 2007 11:21am
Quoting peterM
can i ask.. what time frames do you guys trade.. I only trade daily and weekly. This is my weekly chart for cable.
80% of the time I trade daily/weekly but with a small part of my a/c I trade the 5 min chart.
.
  • #35,076
  • Oct 11, 2007 11:23am Oct 11, 2007 11:23am
Quoting peterM
Hows it going? The broker i use the spreads are too high for scalping.. but they pay good swap rates so its good for medium term positions
4 pips on Oanda AUD/JPY
For he that would be deceived, let him.
  • #35,077
  • Oct 11, 2007 11:25am Oct 11, 2007 11:25am
Soros Jr My FRIEEEEEEEND !!!!!!!!!!!!!!!!!!
For he that would be deceived, let him.
  • #35,078
  • Oct 11, 2007 11:26am Oct 11, 2007 11:26am
Quoting bullrock
80% of the time I trade daily/weekly but with a small part of my a/c I trade the 5 min chart.
I have tried 5 min charts, but I have never made money with them. I always lose in the end, I have done quite well with weekly charts though. How are you doing with 5 min?
  • #35,079
  • Oct 11, 2007 11:26am Oct 11, 2007 11:26am
rate the swap, swap the rate.
rate the rape, rape the rate.
.
  • #35,080
  • Oct 11, 2007 11:28am Oct 11, 2007 11:28am
After today's move so far - Cable:

The bad news: triangle in the weekly.
The good news: breakout trading opportunity
The stinking news: we will have to wwwwaaaaaiiiiitttttt...

Entries so far:

- 0500 to the upside
- 0200/0150 to the downside

The spark:
- I have no idea.

Thoughts?
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