Ash you always forget to add
+ understanding the market, experience
+ Equity. Lots of it, and trade a small part of it.
I wonder what will happen if I enter sell now
and mount huge stones on top of my Pc
to comeback before xmas whether I will make
1k with $100 equity???
Cable Update (GBPUSD)
- #42,722
- Dec 3, 2007 7:32pm Dec 3, 2007 7:32pm
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
- #42,723
- Dec 3, 2007 7:36pm Dec 3, 2007 7:36pm
Did you notice yesterday i said cable going to make spike up and down?
I already give you the clue.. i actually know where the market is going based on my analysis. And lastly yesterday i get the top at 2.0678 now at BE.
I didn't post to much yesterday because it's enough to have that guru here.
http://www.forexfactory.com/showpost...3&postcount=84
General Chaos = Bearish.
Areas of critical point that may affect price behaviours
are show on the graph below
a). 2.0636, represent a bearish turning point if it does not turned
at 2.0610
b) if 2.0636 is breached chaos will turn bullish until the upper edge of chaos (2.0672)
c): Take note upper edge is adjusted to 2.0672 not 2.0737
If unable to move above 2.0610 after London, I will close
buy and sell to the lower edge of chaos 2.0473/2.0436
that with professional position traders.
I missed the bullish move because I was busy posting
but I already banked +100pips so I did not see any reason
to be stressing myself out on a Monday.
I am planning on reducing my postings and concentrate
on where to put stones than chatting with position traders.
- #42,725
- Dec 3, 2007 7:43pm Dec 3, 2007 7:43pm
- Joined Sep 2006 | Status: Trader | 2,163 Posts
I am planning on reducing my postings and concentrate
on where to put stones than chatting with position traders.
"Invest With The Insiders, Not The Masses"
George Muzea
- #42,726
- Dec 3, 2007 7:49pm Dec 3, 2007 7:49pm
no clue where cable is going
if break 620, it should get to 530
from there anything can happen
The risk side at the moment is above 648/650
so your stop loss should be there. The closer you
are to those levels for sell the less risk you face.
- #42,728
- Dec 3, 2007 8:24pm Dec 3, 2007 8:24pm
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
- #42,729
- Dec 3, 2007 8:28pm Dec 3, 2007 8:28pm
cable has been very unexciting lately.. no trends, just ranging.. I have been long for 2 weeks but not much happening!
Ecclesiastes
Chapter 1
Everything Is Meaningless
1 The words of the Teacher son of David, king in Jerusalem: 2 "Meaningless! Meaningless!"
says the Teacher.
"Utterly meaningless!
Everything is meaningless."
And see Chapter 9 that sounds more like forex trading
11 I have seen something else under the sun:
The race is not to the swift
or the battle to the strong,
nor does food come to the wise
or wealth to the brilliant
or favor to the learned;
but time and chance happen to them all. 12 Moreover, no man knows when his hour will come:
As fish are caught in a cruel net,
or birds are taken in a snare,
so men are trapped by evil times
that fall unexpectedly upon them.
- #42,732
- Dec 3, 2007 9:06pm Dec 3, 2007 9:06pm
- Joined Sep 2006 | Status: Trader | 2,163 Posts
Good morning y'all!!!
Any sign where cable is heading today?
http://www.63xc.com/scotth/downarrow.jpg
"Invest With The Insiders, Not The Masses"
George Muzea
- #42,733
- Dec 3, 2007 9:07pm Dec 3, 2007 9:07pm
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
the signs are everywhere!!!
must be my shades .. - #42,737
- Dec 3, 2007 9:40pm Dec 3, 2007 9:40pm
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
2.05, 2.0550 and 2.0625 and a few others but they have TP'd
- #42,738
- Dec 3, 2007 10:04pm Dec 3, 2007 10:04pm
- | Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts
- #42,739
- Dec 3, 2007 10:06pm Dec 3, 2007 10:06pm
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts