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Cable Update (GBPUSD)

  • #39,481
  • Nov 13, 2007 6:59am Nov 13, 2007 6:59am
Quoting deboooo2005
Most of time cesarnc is out trade
That's good to stay out if we don't know where the market will go...

I know cesarnc.. the Veteran trader and the most successful trader in cable update
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,482
  • Nov 13, 2007 7:02am Nov 13, 2007 7:02am
Quoting Qu|cksilver
That's good to stay out if we don't know where the market will go...

I know cesarnc.. the Veteran trader and the most successful trader in cable update
yeah.. I agree.. no point trading when u have no clue what is going to happen.. might as well just blackjack at the casino.. need the odds in our favour
  • #39,483
  • Nov 13, 2007 7:03am Nov 13, 2007 7:03am
Quoting Qu|cksilver
That's good to stay out if we don't know where the market will go...

I know cesarnc.. the Veteran trader and the most successful trader in cable update
I don't know where did you get this most successiful stuff... This market is beating me like I'm a dog who lost its teeth lately...
  • #39,484
  • Nov 13, 2007 7:08am Nov 13, 2007 7:08am
I'm long since 560 but here's the delimma I don't have a profit target !!!
I'm afraid to close just to see it take off for another couple of hundred more pips
  • #39,485
  • Nov 13, 2007 7:10am Nov 13, 2007 7:10am
Quoting cesarnc
I don't know where did you get this most successiful stuff... This market is beating me like I'm a dog who lost its teeth lately...


But who knows.. we can't see how much money you make in forex, might be you are the most top trader here. I'm i right guys?
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,486
  • Nov 13, 2007 7:12am Nov 13, 2007 7:12am
Quoting Mina
I'm long since 560 but here's the delimma I don't have a profit target !!!
I'm afraid to close just to see it take off for another couple of hundred more pips
There is a clutch of moving averages mounting at 0770-0800, crossing and starting to look bearish.

So taking partial profit and letting the rest for the joyride may be a good idea if you don't know (as I don't) what to expect.

Stock market is coming strong with Wal Mart news. Again, cable can simply go past 2.11 from here. Just remember that another 300 pips down Monday we had.
  • #39,487
  • Nov 13, 2007 7:16am Nov 13, 2007 7:16am
Why i love cable update?

1. Friendly environment
2. Traders like to help each other
3. Alot of fun
3. Traders like to share any kind of update informations...


what else?? what about you guys??
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,488
  • Nov 13, 2007 7:20am Nov 13, 2007 7:20am
Quoting cesarnc
There is a clutch of moving averages mounting at 0770-0800, crossing and starting to look bearish.

So taking partial profit and letting the rest for the joyride may be a good idea if you don't know (as I don't) what to expect.

Stock market is coming strong with Wal Mart news. Again, cable can simply go past 2.11 from here. Just remember that another 300 pips down Monday we had.
I'm not into taking partial profits but right now this seems to be a good idea
  • #39,489
  • Nov 13, 2007 7:23am Nov 13, 2007 7:23am
Headline on bloomberg:

"China Inflation Accelerates to Fastest in Decade on Pork Prices"

Pork is cheap here in Brazil. Congress super-population. Too much offer, poor demand.
  • #39,490
  • Nov 13, 2007 7:24am Nov 13, 2007 7:24am
on another thought I AM OUT
40 pips in 6 minutes is too volatile for my taste
It's going Craaazy
  • #39,491
  • Nov 13, 2007 7:31am Nov 13, 2007 7:31am
Quoting cesarnc
I don't know where did you get this most successiful stuff... This market is beating me like I'm a dog who lost its teeth lately...
i warn you guy's about the last 2 month's of the year, if you think this crazy, wait and see what happens before years end.
If I Go Broke Trying Then I Will die happy.
  • #39,492
  • Nov 13, 2007 7:50am Nov 13, 2007 7:50am
Quoting Moe
i warn you guy's about the last 2 month's of the year, if you think this crazy, wait and see what happens before years end.
I remember thanks giving last year, now that was crazy.
  • #39,493
  • Nov 13, 2007 8:52am Nov 13, 2007 8:52am
When you work out you FIB what time frame do you use? 1H, 1D or weekly?
  • #39,494
  • Nov 13, 2007 9:00am Nov 13, 2007 9:00am
looks like my bear is going to wake up again.........

SH........GU...........SH............
I Deeply Love My Virtual Life In Virtual World , RLC
  • #39,495
  • Nov 13, 2007 9:24am Nov 13, 2007 9:24am
Quoting Runway Trade
When you work out you FIB what time frame do you use? 1H, 1D or weekly?
I use daily and weekly usually.
  • #39,496
  • Nov 13, 2007 9:27am Nov 13, 2007 9:27am
Quoting Runway Trade
When you work out you FIB what time frame do you use? 1H, 1D or weekly?
Runnway it does depend on your time frame - so if your looking to be in the market for a few days then u need to look at the 1H - daily & weekly. If your in the market for a number of hours then you need to look at the 15min 1H and daily etc.

Just depends on your time frame!
  • #39,497
  • Nov 13, 2007 10:33am Nov 13, 2007 10:33am
Thanks for the input, it gives me a better idea. I have moved (trying to) away of the interday trades scalping but still get un-nerved with the big SL you have to set with week and day charts, but have made better profits that way. You just must not get un-nerved with the noise in the 15m and 30m time frames, difficult....
  • #39,498
  • Nov 13, 2007 11:08am Nov 13, 2007 11:08am
Quoting Runway Trade
Thanks for the input, it gives me a better idea. I have moved (trying to) away of the interday trades scalping but still get un-nerved with the big SL you have to set with week and day charts, but have made better profits that way. You just must not get un-nerved with the noise in the 15m and 30m time frames, difficult....
yeah. I understand what you mean. Big SL's don't need to mean big amounts of risk. You can choose your position sizes accordingly.
  • #39,499
  • Nov 13, 2007 11:24am Nov 13, 2007 11:24am
is it going to be coming back down from where it is now?

i took a short from 2.07110 it allways seem to go the wrong way 4 me lol
  • #39,500
  • Nov 13, 2007 11:31am Nov 13, 2007 11:31am
i think so based on what im looking at. I think what we are seeing is a little retracement from the last fall before it falls below 2.0500.

Dont quote me on that though - im a newbie to FX.
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