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Cable Update (GBPUSD)

  • #59,141
  • Mar 21, 2008 6:02am Mar 21, 2008 6:02am
Quoting nAVIN2007
not on this pair no but the EUR yes ..
you need to call them up because they are giving me 2 pip spread on this pair, i don't know if it has anything to do with account size or not.
If I Go Broke Trying Then I Will die happy.
  • #59,142
  • Mar 21, 2008 6:05am Mar 21, 2008 6:05am
Quoting Moe
you need to call them up because they are giving me 2 pip spread on this pair, i don't know if it has anything to do with account size or not.

thx man ...i really not happy with them
yesterday i couldnt close my position, i had to phone them and actually they were behaving like i was making it all up..i did wonder about the 2 pip thing...thx man.
  • #59,143
  • Mar 21, 2008 6:09am Mar 21, 2008 6:09am
Quoting nAVIN2007
thx man ...i really not happy with them
yesterday i couldnt close my position, i had to phone them and actually they were behaving like i was making it all up..i did wonder about the 2 pip thing...thx man.
you coudn't close a position on there platform, what happen
If I Go Broke Trying Then I Will die happy.
  • #59,144
  • Mar 21, 2008 6:22am Mar 21, 2008 6:22am
Quoting Moe
you coudn't close a position on there platform, what happen
i tried to close the position on metatrader 0.5 lot 12 PIP PROFIT AND WHEN I WENT TO CLOSE TRADE.. all it said is "trade context vey busy" i tried and tried to close, i had to phone them to exit the position with 3 pips profit and when i complained they said ....according to there logs they have no proof of this but will investigate the matter....but the guy was really rude.
wasnt happy
  • #59,145
  • Mar 21, 2008 6:38am Mar 21, 2008 6:38am
Quoting nAVIN2007
i tried to close the position on metatrader 0.5 lot 12 PIP PROFIT AND WHEN I WENT TO CLOSE TRADE.. all it said is "trade context vey busy" i tried and tried to close, i had to phone them to exit the position with 3 pips profit and when i complained they said ....according to there logs they have no proof of this but will investigate the matter....but the guy was really rude.
wasnt happy
thats is not good, if something like this happen again kepp us posted
If I Go Broke Trying Then I Will die happy.
  • #59,146
  • Mar 21, 2008 6:42am Mar 21, 2008 6:42am
Quoting Moe
thats is not good, if something like this happen again kepp us posted
i sure will bro ..
  • #59,147
  • Mar 21, 2008 7:30am Mar 21, 2008 7:30am
Interesting Monthly chart Gbpusd.

A resistance trend line drawn from the Sept 1992 to Dec 2004 peak also reveals that its upside breech and subsequent retest from the 2.1162 peak results in resistance becoming support a round the 23.6% shown and commented upon in the screencap attached.
Attached Image
ex member
  • #59,148
  • Mar 21, 2008 8:04am Mar 21, 2008 8:04am
Quoting bbmac
Interesting Monthly chart Gbpusd.

A resistance trend line drawn from the Sept 1992 to Dec 2004 peak also reveals that its upside breech and subsequent retest from the 2.1162 peak results in resistance becoming support a round the 23.6% shown and commented upon in the screencap attached.
Nice work. I posted them 2 pins some time ago when they were formed and they are one of the reasons I am looking to the long side.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,149
  • Mar 21, 2008 8:15am Mar 21, 2008 8:15am
Quoting Bones
Nice work. I posted them 2 pins some time ago when they were formed and they are one of the reasons I am looking to the long side.
that was a great analysis, Bones, i am with you on that, that double pin was great, next week should further confirm it's heavenly presence! i am not taking any long term short from now on....and to an extent this will enable me to stay away from long term shorts on Eu too.
I believe . . .
  • #59,150
  • Mar 21, 2008 8:25am Mar 21, 2008 8:25am
Quoting ghous
that was a great analysis, Bones, i am with you on that, that double pin was great, next week should further confirm it's heavenly presence! i am not taking any long term short from now on....and to an extent this will enable me to stay away from long term shorts on Eu too.
Ya know Ghous we often have very similar out looks. You know when you were talking about your PPZ (which was very similar to mine)the other day and loads of other stuff. I like your charts. Maybe its because you like jims stuff to I don’t know.
The other thing in the really ,really big picture this whole down should be considered a retrace as it bounced off the 23.6%.I mean it went there twice and was rejected both times.
But of coarse there is nothing to say we wont go there again ,lol
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,151
  • Edited 8:45am Mar 21, 2008 8:34am | Edited 8:45am
Quoting Bones
Ya know Ghous we often have very similar out looks. You know when you were talking about your PPZ (which was very similar to mine)the other day and loads of other stuff. I like your charts. Maybe its because you like jims stuff to I don’t know.
The other thing in the really ,really big picture this whole down should be considered a retrace as it bounced off the 23.6%.I mean it went there twice and was rejected both times.
But of coarse there is nothing to say we wont go there again ,lol

i see now ...cable is in a uptrend and the bottom of the pin is the retracement and now we are continuing with the uptrend....so 1.93 area was the place to buy ...is this right tony? ..if it is my god the coin finally dropped .....or am i wrong......LOL
if this is the case then 2.43...is a possible target...as that where the major resistance is ...
  • #59,152
  • Mar 21, 2008 8:43am Mar 21, 2008 8:43am
Quoting belekas
I see more bearish as well, on dayly check that dbhlc and weekly pinbar,very strong reversal signals, but we wait untill the news pop.

cheers
Man you were right on that one after all. I’m going to allow 8 pips different on the daily in future,lol
Attached Image (click to enlarge)
Click to Enlarge Name: ddddddd.gif Size: 17 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,153
  • Mar 21, 2008 8:58am Mar 21, 2008 8:58am
Quoting bbmac
Interesting Monthly chart Gbpusd.

A resistance trend line drawn from the Sept 1992 to Dec 2004 peak also reveals that its upside breech and subsequent retest from the 2.1162 peak results in resistance becoming support a round the 23.6% shown and commented upon in the screencap attached.
bbmac ...Really interesting stuff.
I hadn't seen the bigger picture on the monthly.

But I did put this one together on the daily this morning.
In fact, as a relatively new member of james16group.us I passed it onto Jim for comment.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.jpg Size: 166 KB
  • #59,154
  • Mar 21, 2008 9:03am Mar 21, 2008 9:03am
Quoting nAVIN2007
i see now ...cable is in a uptrend and the bottom of the pin is the retracement and now we are continuing with the uptrend....so 1.93 area was the place to buy ...is this right tony? ..if it is my god the coin finally dropped .....or am i wrong......LOL
if this is the case then 2.43...is a possible target...as that where the major resistance is ...
Well the monthly is the really big picture and things can take years to develop.
1.93 would certainly have been a great, great buy. If it goes there again I would buy there that’s what the blue box is on my chart. Im sure there would be lots of buyers there who have done well in the past with that thought.
Attached Image (click to enlarge)
Click to Enlarge Name: monthly.gif Size: 23 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,155
  • Mar 21, 2008 9:06am Mar 21, 2008 9:06am
Quoting bbmac
Interesting Monthly chart Gbpusd.

A resistance trend line drawn from the Sept 1992 to Dec 2004 peak also reveals that its upside breech and subsequent retest from the 2.1162 peak results in resistance becoming support a round the 23.6% shown and commented upon in the screencap attached.
bbmac ...Really interesting stuff.
I hadn't seen the bigger picture on the monthly.

But I did put this one together on the daily this morning.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.jpg Size: 166 KB
  • #59,156
  • Mar 21, 2008 9:11am Mar 21, 2008 9:11am
Quoting Bones
Ya know Ghous we often have very similar out looks. You know when you were talking about your PPZ (which was very similar to mine)the other day and loads of other stuff. I like your charts. Maybe its because you like jims stuff to I don’t know.
The other thing in the really ,really big picture this whole down should be considered a retrace as it bounced off the 23.6%.I mean it went there twice and was rejected both times.
But of coarse there is nothing to say we wont go there again ,lol
yes that's right, our analysis is always quite similiar because our trading systmes and strategies match!

BTW are you guys in toady?? i see ridiculously low levels of volatility around, so i did'nt open any new positions today which leaves me with three shorts in all, G/j, Ej, and Au..all of which are presently running at a loss.
I believe . . .
  • #59,157
  • Mar 21, 2008 9:20am Mar 21, 2008 9:20am
Quoting priceaction
bbmac ...Really interesting stuff.
I hadn't seen the bigger picture on the monthly.

But I did put this one together on the daily this morning.
If this is not a confluence of factors i really dont know what is ..long is looking very promising
  • #59,158
  • Mar 21, 2008 9:22am Mar 21, 2008 9:22am
Quoting ghous
yes that's right, our analysis is always quite similiar because our trading systmes and strategies match!

BTW are you guys in toady?? i see ridiculously low levels of volatility around, so i did'nt open any new positions today which leaves me with three shorts in all, G/j, Ej, and Au..all of which are presently running at a loss.
No man im not in I have set some buys up on cable on the back of that daily pin and would go short if the base was broke. I don’t trade any other pairs right now as I do not feel ready and don’t want to confuse myself. But I intend to.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,159
  • Mar 21, 2008 9:25am Mar 21, 2008 9:25am
Quoting priceaction
bbmac ...Really interesting stuff.
I hadn't seen the bigger picture on the monthly.

But I did put this one together on the daily this morning.
In fact, as a relatively new member of james16group.us I passed it onto Jim for comment.
How do you find being a member is it good?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,160
  • Mar 21, 2008 10:30am Mar 21, 2008 10:30am
Bones, atleast watching a few pairs if not trading them, helps stop the boredom and the idle hands trading stupidly alot, I'm sticking to 3 though no more.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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