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Cable Update (GBPUSD)

  • #59,881
  • Mar 30, 2008 4:59am Mar 30, 2008 4:59am
heres my chart ...TP 1.9761
Attached Image (click to enlarge)
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  • #59,882
  • Mar 30, 2008 5:19am Mar 30, 2008 5:19am
Quoting TraderJR
It's fine, I just downloaded it, try it again
Thanks,

Its OK now. Not sure what was wrong.
  • #59,883
  • Mar 30, 2008 5:26am Mar 30, 2008 5:26am
Quoting Turveyd
Nav, think about your house like a trader, only buy when the prices start going up, don't try to catch a bottom, they've got a long way to fall. Renting is cheaper especially if you want a nice house just stick £200 in a savings account and its the same really.


I think they'll let inflation run riot to make the debts seem smaller, did it in the 70's or something before.

The price of everything really is crippling, wouldn't be surprised if the real inflation figure for 2008 is 20%+ to be honest if you disclude the price of TV's and other stuff thats getting cheaper, we rarely buy tv's idiots!!
i was hoping to make a fortune from trading but i come to see that it will take its time for me to become profitable...but at least i moving in the right lines...i think
  • #59,884
  • Mar 30, 2008 6:48am Mar 30, 2008 6:48am
Test
Grasp all lose all
  • #59,885
  • Mar 30, 2008 7:05am Mar 30, 2008 7:05am
Ok I have posted almost all my TF's ,lol so heres the rest,lol

Im using the month ,weekly for general outlook, daily + 4hr + 1hr for intraday veiw
Attached Image(s) (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,886
  • Mar 30, 2008 7:18am Mar 30, 2008 7:18am
Key level to the downside for Monday is 1.9830
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,887
  • Mar 30, 2008 7:36am Mar 30, 2008 7:36am
Test
Grasp all lose all
  • #59,888
  • Mar 30, 2008 7:51am Mar 30, 2008 7:51am
Quoting Bones
Key level to the downside for Monday is 1.9830
we might have a bounce up ..i bloody hope not (see chart)
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  • #59,889
  • Mar 30, 2008 8:30am Mar 30, 2008 8:30am
Quoting Bones
Well Nav if you look at your sell line in your picture how many candles are there that have found resistance and support off it Its very close to weekly pivot .I mean you have taken the trade very late in a bearish day and over the weekend which I think was against your plan. On a good note down looks to be the direction and I think you would make a profit from it. This is the thing I am saying. I am doing this too. My really good trades are the thought out ones and my bad ones are on the cuff and I know I must resist that or never succeed.
Bones I agree, but we are going to get a move higher before it drops much lower, so Nav's set himself up for a few days of heart ache and holding a badly down positions, hence my look to bring your average up and double your position around what ever I said.

Just hope the direction doesn't change to up again, which ofcourse it can do.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #59,890
  • Mar 30, 2008 8:36am Mar 30, 2008 8:36am
Financially all going WRONG here, which does not make for a calm collective brain.

1st Credit Card cuts us off for no real reason, credit crunch argghh.
2nd Gas bill, somethings gone WRONG +£60 more per month arggghhhh.
3rd GF's going on holiday wants £500 over the next 2 months, nooooo arrrgggghhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh.
4th various other misc things going wrong.

Does not make for a calm and collective not being ran by emotions, greed and fear trading mind set.

My 3months time scale to start making £500 per month has been reduced to 4 - 6weeks

This all adds up to failure and losing my account and getting deeper in the sh1te!! With Zero money in reserve like there was supposed to be to add more!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #59,891
  • Mar 30, 2008 8:45am Mar 30, 2008 8:45am
Test
Grasp all lose all
  • #59,892
  • Mar 30, 2008 9:07am Mar 30, 2008 9:07am
Quoting Teefoo
Test
Teefoo have you got something to say ,lol
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,893
  • Mar 30, 2008 9:38am Mar 30, 2008 9:38am
Quoting Bones
Teefoo have you got something to say ,lol
  • #59,894
  • Mar 30, 2008 9:43am Mar 30, 2008 9:43am
Quoting Turveyd
Financially all going WRONG here, which does not make for a calm collective brain.

1st Credit Card cuts us off for no real reason, credit crunch argghh.
2nd Gas bill, somethings gone WRONG +£60 more per month arggghhhh.
3rd GF's going on holiday wants £500 over the next 2 months, nooooo arrrgggghhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh.
4th various other misc things going wrong.

Does not make for a calm and collective not being ran by emotions, greed and fear trading mind set.

My 3months time scale to start making £500 per month has been reduced to 4 - 6weeks

This all adds up to failure and losing my account and getting deeper in the sh1te!! With Zero money in reserve like there was supposed to be to add more!!
women and money aye..
money money money..the stress it causes in the world

TRUST ME ..i think i learned my lesson this time..i wont do just enter again based on the bearish candle on daily movement on monday has to be mostly down and i pray that we move downhill otherwise i might just go nuts ...
  • #59,895
  • Mar 30, 2008 10:23am Mar 30, 2008 10:23am
I don't really happy to see a bear movement lately, but I can't do anything to it either, so... I post !....

I've been suffering some losses already and my ROI is not met yet, but I chose not to post it directly when I got upset since it will just hurt you guys psychologically and hurt me really badly more...

Let's put this to the market, and let it proves us which direction it is really going to other than just looking for bad signals...
  • #59,896
  • Mar 30, 2008 10:39am Mar 30, 2008 10:39am
Quoting Bones
Teefoo have you got something to say ,lol
I guess he has...TEST
  • #59,897
  • Mar 30, 2008 11:03am Mar 30, 2008 11:03am
I think GU might test 2.0000 level before heading down.

IMHO
  • #59,898
  • Mar 30, 2008 11:10am Mar 30, 2008 11:10am
i think it all depends on what king will say come monday

so looks like we need the fundamentals to push us either way.
King will definitely settle this argument.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #59,899
  • Mar 30, 2008 12:12pm Mar 30, 2008 12:12pm
Quoting Dazfx
I think GU might test 2.0000 level before heading down.

IMHO
why up b4 down? if u can expand on this it would be great as u have experience and it would be excellent to hear yur analysis
  • #59,900
  • Mar 30, 2008 12:14pm Mar 30, 2008 12:14pm
Quoting salah k.
i think it all depends on what king will say come monday

so looks like we need the fundamentals to push us either way.
King will definitely settle this argument.
the house news for america is postive bro and this should increase the US currency....decrease strength of pound ...is what im thinking?
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