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Cable Update (GBPUSD)

  • #58,721
  • Mar 18, 2008 9:29am Mar 18, 2008 9:29am
sorry guys i know this a cable thread but thought this picture is relevant!! (bernanke is the pilot!)
Attached Image
Trading is 80% Emotional, 20% Technical
  • #58,722
  • Mar 18, 2008 9:52am Mar 18, 2008 9:52am
Quoting fx local
sorry guys i know this a cable thread but thought this picture is relevant!! (bernanke is the pilot!)
sorry but i have to disagree bush is the pilot and bernanke is copilot.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,723
  • Mar 18, 2008 10:06am Mar 18, 2008 10:06am
lol!
Trading is 80% Emotional, 20% Technical
  • #58,724
  • Mar 18, 2008 10:09am Mar 18, 2008 10:09am
Long G/U +149 pips (2 positions)
Long E/J + 300p (3 positions)
gain not much only 2% of depo

All closed , i'm done for today .... i think ;P
  • #58,725
  • Mar 18, 2008 10:13am Mar 18, 2008 10:13am
would you post that if u were down by that much? hmm

if winning makes you feel good then u belong in casino
Trading is 80% Emotional, 20% Technical
  • #58,726
  • Mar 18, 2008 10:13am Mar 18, 2008 10:13am
Nav dont listen to Moe you must have your own plan but you will learn stuff here I did
Be carefull if it falls and breaks the DBLHC
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,727
  • Mar 18, 2008 10:15am Mar 18, 2008 10:15am
Quoting MarcoW
Abuawad.. since you postedyour projections for today's trading targets etc. shortly after 5:00 pm est, I'm assuming you used the the 5:00 est close as the closing time for the daily candle and the starting point for the projections?

Also, how did you arrive at the +20 and -20 pips above and below the close as your basis to develop the "unknown" area?

So far it works superbly and looks ingenious, but I am wondering how you determined it in the beginning.
I do my analysis once the US session is close. What time in Est or GMT, really I don’t know in Saudi Arabia 1:00 Am GMT+3.
Haw I find -+20 pips from the closing. I say before if there are no support or resistant values before these lines I make -+20 pips as the unknown area limits. If there are any support or resistant I’ll make the S/R as the unknown area limits, how I find this value “ONE WORD” experience I have focus on cable for more than 2 year.
  • #58,728
  • Mar 18, 2008 10:20am Mar 18, 2008 10:20am
Quoting Abuawad
I do my analysis once the US session is close. What time in Est or GMT, really I don’t know in Saudi Arabia 1:00 Am GMT+3.
Haw I find -+20 pips from the closing. I say before if there are no support or resistant values before these lines I make -+20 pips as the unknown area limits. If there are any support or resistant I’ll make the S/R as the unknown area limits, how I find this value “ONE WORD” experience I have focus on cable for more than 2 year.
Thanks Abuawad.. let me repeat what I stated earlier..

Your thought process and methodology look ingenious.. congrats to you!!
"I know how hard it is for you to put food on your family." George W. Bush
  • #58,729
  • Mar 18, 2008 10:26am Mar 18, 2008 10:26am
Also
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,730
  • Mar 18, 2008 10:27am Mar 18, 2008 10:27am
Quoting MarcoW
Thanks Abuawad.. let me repeat what I stated earlier..

Your thought process and methodology look ingenious.. congrats to you!!
Thanks for this nice words. And I hope the profit be our side all of us.
  • #58,731
  • Mar 18, 2008 10:33am Mar 18, 2008 10:33am
Quoting Abuawad
Quote:
Originally Posted by amjadh80 http://www.forexfactory.com/images/buttons/viewpost.gif
General Nizar I will tell you opinion and kept out of the market today because I will lose more than one to get it started Peace


Welcome Amjad,
Gentlemen I want to introduce you Amjad he is one of my best friend in personal life for more than 8 years.

NO onr say hi,
  • #58,732
  • Mar 18, 2008 10:35am Mar 18, 2008 10:35am
Hi Amjad you are welcome here
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,733
  • Mar 18, 2008 10:37am Mar 18, 2008 10:37am
now i get it ......about trading i can see the difference between the 2....demo and live
f**k
  • #58,734
  • Mar 18, 2008 10:38am Mar 18, 2008 10:38am
Quoting nAVIN2007
now i get it ......about trading i can see the difference between the 2....demo and live
f**k
You just start…
  • #58,735
  • Mar 18, 2008 10:42am Mar 18, 2008 10:42am
Quoting Abuawad
You just start…
i placing the most stupid trades....i cant believe it ...
i pressed sell instead buy and then when i cancel it it moves up!!!!! idiot that i am
  • #58,736
  • Mar 18, 2008 10:44am Mar 18, 2008 10:44am
Quoting Abuawad
NO onr say hi,

hello amjad
any friend of Abuawad is our friend
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,737
  • Mar 18, 2008 10:47am Mar 18, 2008 10:47am
Quoting nAVIN2007
i placing the most stupid trades....i cant believe it ...
i pressed sell instead buy and then when i cancel it it moves up!!!!! idiot that i am
Calm down,
Forget about this mistakes and plan for tomorrow I advice you now to stop trading for today just play some games and do your analysis after today close for tomorrow.
Any trading for today for you will be impacting by your emotion
  • #58,738
  • Mar 18, 2008 10:48am Mar 18, 2008 10:48am
Quoting Bones
Hi Amjad you are welcome here
Quoting salah k.
hello amjad
any friend of Abuawad is our friend

thanks
  • #58,739
  • Mar 18, 2008 10:49am Mar 18, 2008 10:49am
Quoting Abuawad
thanks
1 third that!
  • #58,740
  • Mar 18, 2008 11:05am Mar 18, 2008 11:05am
Great day for trading today.
Cable has just been north bound all day
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