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Cable Update (GBPUSD)

  • #55,461
  • Feb 22, 2008 10:02am Feb 22, 2008 10:02am
Quoting Abuawad
9680???
cable didn't hit this level today yet?
where were u it hit 9708
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,462
  • Feb 22, 2008 10:04am Feb 22, 2008 10:04am
Quoting salah k.
where were u it hit 9708

sorry it my bad , i just see it 98
  • #55,463
  • Feb 22, 2008 10:06am Feb 22, 2008 10:06am
Quoting Abuawad
Thanks, I say it before. From the opening to the nearest support and resistant within the range +-20 pips from the penning if there are no S/R line in this range I simply make the line -+20 pips from the opening as a limits for the unknown area.
The broken for these limits on the 4 hours chart give the currency the movement to the next determent target or S/R line in my analysis.
From more than 2 years its work with me 85%.
Hey Abuawad, have you ever read The Logical Trader ‘Applying The Method To The Madness’
If you have not maybe you should I think you would find it interesting
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #55,464
  • Feb 22, 2008 10:07am Feb 22, 2008 10:07am
Quoting Abuawad
sorry it my bad , i just see it 98
no problem .
wat do u think of the overall trend: still bearish??
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,465
  • Feb 22, 2008 10:08am Feb 22, 2008 10:08am
Quoting salah k.
u were right after all congrats



hasn't gone up yet. might see 635 before and up move but the franklin open high for the day may hold which is 652, we shall see
  • #55,466
  • Feb 22, 2008 10:12am Feb 22, 2008 10:12am
Quoting lessy
seems like cable has overbought...
I wonder how many traders got burned shorting GBP/USD in last 24 hours.

The best quote i ever heard:"Market can stay irrational much longer than traders can stay solvent."
Never Trade without a defined risk, never, never, never.
  • #55,467
  • Feb 22, 2008 10:13am Feb 22, 2008 10:13am
Quoting Abuawad
9680???
cable didn't hit this level today yet?
in mine 9607 hited
  • #55,468
  • Feb 22, 2008 10:19am Feb 22, 2008 10:19am
Quoting Bones
Hey Abuawad, have you ever read The Logical Trader ‘Applying The Method To The Madness’
If you have not maybe you should I think you would find it interesting

No, and I don’t have to. I believe in my analysis and I don’t have to sign any where to make my account safe…
Show me your analysis in the last week and your account report.
  • #55,469
  • Feb 22, 2008 10:22am Feb 22, 2008 10:22am
Quoting jimo
in mine 9607 hited
Error in reading my friend from my side J
  • #55,470
  • Feb 22, 2008 10:24am Feb 22, 2008 10:24am
Quoting FxGladiator
I wonder how many traders got burned shorting GBP/USD in last 24 hours.

The best quote i ever heard:"Market can stay irrational much longer than traders can stay solvent."
yeah right.... including me... i lost 20pips in the morning..
and then i watch cable all day long... there's a lot fake signal came by....
irrational....
could be like that... and i can't believe that cable still has a lot buyers...
wait for 1.9730 area and let's see what next...
Never Give Up.....
  • #55,471
  • Feb 22, 2008 10:25am Feb 22, 2008 10:25am
Quoting Abuawad
No, and I don’t have to. I believe in my analysis and I don’t have to sign any where to make my account safe…
Show me your analysis in the last week and your account report.
Man I not trying to be funny ,this guy has a similar approach to you, he has a neutral zone which he creates by the first say 30 min bar( or whatever its up to you) and then looks for longs above and shorts below
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #55,472
  • Feb 22, 2008 10:27am Feb 22, 2008 10:27am
Quoting Abuawad
No, and I don’t have to. I believe in my analysis and I don’t have to sign any where to make my account safe…
Show me your analysis in the last week and your account report.
You know you think you’re a teacher but I am afraid you are a student like most of us here
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #55,473
  • Feb 22, 2008 10:29am Feb 22, 2008 10:29am
Quoting Bones
You know you think you’re a teacher but I am afraid you are a student like most of us here
and i'll be stay a student in forex no one is a teacher here we all learn from each other
  • #55,474
  • Feb 22, 2008 10:34am Feb 22, 2008 10:34am
Quoting Abuawad
and i'll be stay a student in forex no one is a teacher here we all learn from each other
The only teacher in here is the chart
  • #55,475
  • Feb 22, 2008 10:35am Feb 22, 2008 10:35am
Quoting nAVIN2007
The only teacher in here is the chart
and your account
  • #55,476
  • Feb 22, 2008 10:35am Feb 22, 2008 10:35am
Quoting Bones
You know you think you’re a teacher but I am afraid you are a student like most of us here
We are all students. We all learn something new everyday.
Humble Lifetime Member
  • #55,477
  • Feb 22, 2008 10:36am Feb 22, 2008 10:36am
Quoting Bones
You know you think you’re a teacher but I am afraid you are a student like most of us here
Yes we are all students - if I ever get to the status where I could teach, I would not be here - I would be doing loops in my Supermarine Spitfire over the Arizona desert

That goes for the guys who write the books too - non of em would be writing if they had a great system - they would be flying planes and romping
Well I would anyway

I have met em in the flesh and they have taught themselves enough to know you can't win and selling books and videos is their best way to riches - it will be a sad day when we reach this state of enlightenment too - we are better off struggling and hoping
  • #55,478
  • Feb 22, 2008 10:38am Feb 22, 2008 10:38am
Quoting allserene
Yes we are all students - if I ever get to the status where I could teach, I would not be here - I would be doing loops in my Supermarine Spitfire over the Arizona desert

That goes for the guys who write the books too - non of em would be writing if they had a great system - they would be flying planes and romping
Well I would anyway

I have met em in the flesh and they have taught themselves enough to know you can't win and selling books and videos is their best way to riches - it will be a sad day when we reach this state of enlightenment too - we are better off struggling and hoping
those who can do
and those who cant do: teach or write books
lol
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,479
  • Feb 22, 2008 10:40am Feb 22, 2008 10:40am
Well actually I would disagree there are teachers here, say like Ash himself. A teacher will not tell you he is that person you should be able to work it out for yourself.
And if I ever get to that status I hope I would be willing to do the same for others
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #55,480
  • Feb 22, 2008 10:47am Feb 22, 2008 10:47am
Quoting Bones
Well actually I would disagree there are teachers here, say like Ash himself. A teacher will not tell you he is that person you should be able to work it out for yourself.
And if I ever get to that status I hope I would be willing to do the same for others
i hear u ...but then every1 is a teacher n there own right, we as people have the ability to learn from any1 so long as we are open to it
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