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Cable Update (GBPUSD)

  • #63,161
  • Apr 28, 2008 2:00pm Apr 28, 2008 2:00pm
Thanks Rob,
I really enjoy it and it makes me think and there are other traders that help me out which is great isnt it ,it makes the world go round.
Actually I look back somtimes and think hold up there bony youve posted too much.
All I would say guys is don’t expect them kind of calls everyday ,lol
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #63,162
  • Apr 28, 2008 2:08pm Apr 28, 2008 2:08pm
Yes of course I could trade better that way as often I need to make decisions that will last some time and they don’t pan out. Actually I have tried to look more long term but this pair is so rangy lately I haven’t been able to and I don’t want to get to bogged down with other pairs right now.
Like you I want to give up work, but really I know im no where near ready .
I’ve joined J16 group recently and am trying to study the material there but it is difficult to find the time
Quoting Turveyd
Do you think you'd have more good days though if you gave up the job ??
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #63,163
  • Apr 28, 2008 2:13pm Apr 28, 2008 2:13pm
Quoting Bones
Yes of course I could trade better that way as often I need to make decisions that will last some time and they don’t pan out. Actually I have tried to look more long term but this pair is so rangy lately I haven’t been able to and I don’t want to get to bogged down with other pairs right now.
Like you I want to give up work, but really I know im no where near ready .
I’ve joined J16 group recently and am trying to study the material there but it is difficult to find the time


No where near, but trading at $600/pip, strange world hey!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #63,164
  • Apr 28, 2008 2:28pm Apr 28, 2008 2:28pm
Quoting forexmoments
Perfect trendline bounce it was.
Can we say, DOWN CABLE DOWN!!!???

  • #63,165
  • Apr 28, 2008 2:38pm Apr 28, 2008 2:38pm
Quoting AmeriTrini
Can we say, DOWN CABLE DOWN!!!???

The trend line bounce and numerous other
things are getting cable ready, just like when
Humpty Dumpty sat on the wall, waiting to fall
http://www.teachersandfamilies.com/n...20a%20wall.jpg
  • #63,166
  • Apr 28, 2008 2:39pm Apr 28, 2008 2:39pm
Hmmmmm everyone thinks it's going down, time to hold a long position I think
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #63,167
  • Apr 28, 2008 2:56pm Apr 28, 2008 2:56pm
Quoting Turveyd
Hmmmmm everyone thinks it's going down, time to hold a long position I think
I also thinnk cable is going down tomorrow, so definatly go long! LOL
  • #63,168
  • Apr 28, 2008 3:17pm Apr 28, 2008 3:17pm
Quoting Bones
Yes of course I could trade better that way as often I need to make decisions that will last some time and they don’t pan out. Actually I have tried to look more long term but this pair is so rangy lately I haven’t been able to and I don’t want to get to bogged down with other pairs right now.
Like you I want to give up work, but really I know im no where near ready .
I’ve joined J16 group recently and am trying to study the material there but it is difficult to find the time
well done on the 5 minute time frame chart buddy ...yur chart looks fantastic ... bro i see u joined j16 grp...is it worth the money i mean...i know it all help but its rather expensive and am wondering on a % scale what do u think u can gain from it ...?

i thinking of joining myself u see just not sure wether it worth the cost, seems a bit expensive
  • #63,169
  • Apr 28, 2008 3:30pm Apr 28, 2008 3:30pm
Well that interesting Nav cause someone just asked me.
I joined just after my holiday so all ive done is had a little explore so could not say wholeheartedly yet yes or no .It is set up in exactly the same format as the FF and has all the usual great traders you see here on his thread with trading blogs etc.
I do know one thing though I love what he teaches and has shared in general so have every confidence in the site.
There seems to be a lot of material there including videos and I intend giving it a few months before I judge.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #63,170
  • Apr 28, 2008 3:43pm Apr 28, 2008 3:43pm
Quoting Runway Trade
I also thinnk cable is going down tomorrow, so definatly go long! LOL
Oh I see, the compass is upside down... alalala long...long way to go down...down to North i think...
  • #63,171
  • Edited 4:41pm Apr 28, 2008 3:45pm | Edited 4:41pm
Well im not sure if we had a bounce or break but my weekly view is up so I will carry on looking for buys.
A nice strong open gives a possible break of 2.1 but that’s a long way off.
For the first time in some weeks my charts said this is the direction.
The thing I do not like is the last 4hr upper wick off res and im thinking right now that is profit taking.
I had the 9 GMT bar as the possible touch of a possible rising lower channel support (blue box)but will wait to see .
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #63,172
  • Apr 28, 2008 4:01pm Apr 28, 2008 4:01pm
Quoting Bones
Well that interesting Nav cause someone just asked me.
I joined just after my holiday so all ive done is had a little explore so could not say wholeheartedly yet yes or no .It is set up in exactly the same format as the FF and has all the usual great traders you see here on his thread with trading blogs etc.
I do know one thing though I love what he teaches and has shared in general so have every confidence in the site.
There seems to be a lot of material there including videos and I intend giving it a few months before I judge.
yes it will be interesting..he has given great tips but i wonder where can he go on expanding, i do value your trading skills as someone who who what there doing and think to be honest that if u had more time in fromt of pc..ud definately make trading a carreer im sure....so seeing what j16 offers in term of expanding and making u more profitable, will be very interesting ..

hope it works out well buddy ..
  • #63,173
  • Apr 28, 2008 4:12pm Apr 28, 2008 4:12pm
Oh man there’s so much more ,he’s got a guy for MM ,(im seeing him first lol ) and lots of other traders giving systems and tutorials.+ there is a conference room where you can have a live weekly outlook (I think) and Q+A with the resident traders (I think)
When I get to grips ill let you know buddy.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #63,174
  • Apr 28, 2008 4:16pm Apr 28, 2008 4:16pm
The trouble is theres so much to learnI mean think about it to learn any job will not happen over night.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #63,175
  • Apr 28, 2008 4:23pm Apr 28, 2008 4:23pm
Quoting Turveyd
No where near, but trading at $600/pip, strange world hey!!
Turv I trade 0.1 lots and when price goes in my favour I add to it say with a maximum of 10 lots which is about a fiver (£5) a pip.
I made 300+ odd quid today honestly have not looked.
Im not getting ready to retire.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #63,176
  • Apr 28, 2008 4:27pm Apr 28, 2008 4:27pm
Quoting Bones
The trouble is theres so much to learnI mean think about it to learn any job will not happen over night.

definately ......trading is something really quite differenti never realised it would be so difficult not to let emotion effect so much ..and the journey just began 3 months for me and i feel like it will never end ...so much to learn..but great hey!!!!
  • #63,177
  • Apr 28, 2008 5:09pm Apr 28, 2008 5:09pm
Quoting Bones
Turv I trade 0.1 lots and when price goes in my favour I add to it say with a maximum of 10 lots which is about a fiver (£5) a pip.
I made 300+ odd quid today honestly have not looked.
Im not getting ready to retire.
Have I confused you with someone then ?? was it not you Friday who was trading $600 per pip ??
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #63,178
  • Apr 28, 2008 5:51pm Apr 28, 2008 5:51pm
Sorry just went back and checked, sorry think i'm losing my Marbles it's MOE who lost boat loads not you, DOH!!!!!


Sorry for the confusion!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #63,179
  • Apr 28, 2008 6:48pm Apr 28, 2008 6:48pm
My believes are that price is looking bullish to me...as long as my intraday levels hold its looking bullish...but pay attention to trendline monthly short if you are positive and defently close long at intraday level 1 major resistance from daily will play it role there ...i would not take a long untill later confirmation more towards franky open...

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  • #63,180
  • Apr 28, 2008 6:49pm Apr 28, 2008 6:49pm
Quoting TreasureHunt
Oh I see, the compass is upside down... alalala long...long way to go down...down to North i think...
wow u really strong on the bullish side

be careful man full week ahead
too much news that can push cable to limits.
"what doesn't bankrupt me, makes me stronger" modern nietzche
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