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Cable Update (GBPUSD)

  • #57,481
  • Mar 7, 2008 8:06am Mar 7, 2008 8:06am
Quoting Abuawad
thankssssssssssssssssssssssssssssssss
Very nice Abuawad, nice to see other trader learning the pattern recognition.

Send me and email, I have a power point with many patterns that could help you. [email protected] use your user name so I know is you.
  • #57,482
  • Mar 7, 2008 8:10am Mar 7, 2008 8:10am
AbuAwad, this (W) pattern is making you headache for the last few days.. I swear i see it, but for some reason i still believe in the uptrend.

PS> Any luck with your targets today? You didn't update us..

Good luck
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  • #57,483
  • Mar 7, 2008 8:13am Mar 7, 2008 8:13am
Quoting abuzant
AbuAwad, this (W) pattern is making you headache for the last few days.. I swear i see it, but for some reason i still believe in the uptrend.

PS> Any luck with your targets today? You didn't update us..

Good luck
its not luck my friend
http://www.forexfactory.com/showpost...ostcount=57451
  • #57,484
  • Mar 7, 2008 8:17am Mar 7, 2008 8:17am
looks like its going down, nfp bad figures gb should be up up, no sense to it again
Tom(uk)
  • #57,485
  • Mar 7, 2008 8:19am Mar 7, 2008 8:19am
Quoting booktimes
looks like its going down, nfp bad figures gb should be up up, no sense to it again
Tom(uk)
unemploement rate lower than expected and than previous
but ur right not much sense. thats y news traders screw everything up.
im out guys good luck no trading for me today.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #57,486
  • Mar 7, 2008 8:22am Mar 7, 2008 8:22am
Quoting eye4spot
why is going down with so bad data?..

market sentiment..before the news... up up up...the news.. more up up up.. and boom.. down... like the january nfp and february... this nfp news is something spucky to me..
This is why I don't trade off fundamentals. I know bad US numbers were expected, but not to -63k extent. Yes unemployment was down slightly at 4.8%, but Bloomberg suggests this is because of a shrinking labor force as people have given up looking for work. Everything says this should have been a long, but it's creeping lower. God knows what would have happened if the numbers were good.
  • #57,487
  • Mar 7, 2008 8:22am Mar 7, 2008 8:22am
im long in at 20200, target 20240, believing this to be just a retrace, when market settles down again and restarts the uptrend
Tom(uk)
  • #57,488
  • Edited 8:47am Mar 7, 2008 8:34am | Edited 8:47am
Hello,

Guys, anyone facing problems with IBFX requotes?
I will not explain or whatever, just take a look at the screenshot below and please provide a comment, what do you think i should do?! Require a cancelation, pip back or what?

PS> widened spreads not affective for that quote.

http://img266.imageshack.us/img266/5832/highrq3.jpg

Here's the chart from the M1 ..
http://img135.imageshack.us/img135/6338/hiogh2en0.png
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  • #57,489
  • Mar 7, 2008 8:35am Mar 7, 2008 8:35am
No news is a good news.. market static after NFP
  • #57,490
  • Mar 7, 2008 8:38am Mar 7, 2008 8:38am
I just read this in my platform

[CABLE] is roaring post another negative and worse than forecast NFPs. Havi...

[CABLE] is roaring post another negative and worse than forecast NFPs. Having tripped the 2.02-plus stops, all eyes are now on the 2.0250 mark, which is said to house a barrier and perhaps more significantly a fairly major fibo (50% of 2.1162/1.9337 move). It has been a very strong comeback through the course of the week and Wed's 1.9722 low. As reported earlier, Gbp/Usd has been supported by much firmer than forecast UK CIPS services data, an unchanged BOE and US interest rate outlook/growth concerns resulting in a broadly unwanted Usd. A clear 2.0250 break could open up 2.03-plus levels, but if there are many position parers in this market 2.0250 is the level which makes sense.
  • #57,491
  • Mar 7, 2008 9:01am Mar 7, 2008 9:01am
Mmm.. Where is everybody?
Wiped out all along with your SL?
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  • #57,492
  • Mar 7, 2008 9:05am Mar 7, 2008 9:05am
Quoting abuzant
Mmm.. Where is everybody?
Wiped out all along with your SL?
what about you !
  • #57,493
  • Mar 7, 2008 9:13am Mar 7, 2008 9:13am
Well I'm having a lazy week here, +30pips though and haven't dropped sub margin which are good things

* plan to be back full time kicking butt next week *
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #57,494
  • Mar 7, 2008 9:17am Mar 7, 2008 9:17am
Quoting Abuawad
what about you !
Im on the other side of the playground now..

http://img227.imageshack.us/img227/122/dealingcy8.png
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  • #57,495
  • Mar 7, 2008 9:31am Mar 7, 2008 9:31am
Quoting Abuawad
what about you !
Hi buddy ...thank u for comment earlier.
Abuwad may i ask whats your secret to successfull trading i notice everyday u appear to making pips solid always 100+ ...do u have any tips for me brother?
  • #57,496
  • Mar 7, 2008 9:35am Mar 7, 2008 9:35am
Quoting nAVIN2007
Hi buddy ...thank u for comment earlier.
Abuwad may i ask whats your secret to successfull trading i notice everyday u appear to making pips solid always 100+ ...do u have any tips for me brother?
Not always +100 some day less than 50 pips , like last month and 4-3-2008.
and there are no secrets hidin here i only foucs on the chart and the S/R line as all of you can see here, S/R for the short time 1 and 4 hour and the long time daily and weekly.
hope you and all the best
  • #57,497
  • Mar 7, 2008 9:38am Mar 7, 2008 9:38am
thanks man ...
If i achieve pips like u ...i will be very happy and greatfull
  • #57,498
  • Mar 7, 2008 9:44am Mar 7, 2008 9:44am
Happy & greatful navin
I thought you'd be sharing the profits with us.. ok with AbuAwad at least
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  • #57,499
  • Mar 7, 2008 9:44am Mar 7, 2008 9:44am
Quoting nAVIN2007
thanks man ...
If i achieve pips like u ...i will be very happy and greatfull
Ok, touch the wood. I wish you more than me… J
  • #57,500
  • Mar 7, 2008 9:45am Mar 7, 2008 9:45am
Quoting abuzant
Happy & greatful navin
I thought you'd be sharing the profits with us.. ok with AbuAwad at least
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