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Cable Update (GBPUSD)

  • #66,881
  • May 21, 2008 7:37am May 21, 2008 7:37am
Quoting Moe
i don't think and i don't know, i just follow the system and what ever happens happens, system already been build and tested so there's no 2nd guessing for me.
What's ur system?

Care to share?
  • #66,882
  • May 21, 2008 7:42am May 21, 2008 7:42am
both country is going thru hard times, this year more then ever fundies/news will effect this pair. you should trade this pair with caution this year, there's gonna be a whole lot more surprises that will rock your account it will make you or break you, for those that are just starting out and realy haven't broke the 5% barrier yet be careful because this is not the kind of market to base your system on, but it helps to see how this pair behave during times like these.
If I Go Broke Trying Then I Will die happy.
  • #66,883
  • May 21, 2008 7:46am May 21, 2008 7:46am
Quoting uncleforex
What's ur system?

Care to share?
Set And Forget and stop looking at charts and second guessing your trade every time you put on a trade, thats part of my system, to answer your question NO.
If I Go Broke Trying Then I Will die happy.
  • #66,884
  • May 21, 2008 7:51am May 21, 2008 7:51am
Quoting Moe
both country is going thru hard times, this year more then ever fundies/news will effect this pair. you should trade this pair with caution this year, there's gonna be a whole lot more surprises that will rock your account it will make you or break you, for those that are just starting out and realy haven't broke the 5% barrier yet be careful because this is not the kind of market to base your system on, but it helps to see how this pair behave during times like these.
yeah bro i hear definately agree.the currency has made me believe im guessing the direction these days...this is why ive moved to different pairs now...i just think it need to break into a direction b4 things get better

yur system is gold can i buy it
  • #66,885
  • May 21, 2008 7:53am May 21, 2008 7:53am
Quoting nAVIN2007
yeah bro i hear definately agree.the currency has made me believe im guessing the direction these days...this is why ive moved to different pairs now...i just think it need to break into a direction b4 things get better

yur system is gold can i buy it
lol, 1 million pounds or euro, no usd please
If I Go Broke Trying Then I Will die happy.
  • #66,886
  • May 21, 2008 7:56am May 21, 2008 7:56am
wats the system. can u share it with us bros
Quoting Moe
i don't think and i don't know, i just follow the system and what ever happens happens, system already been build and tested so there's no 2nd guessing for me.
  • #66,887
  • May 21, 2008 7:56am May 21, 2008 7:56am
where stuck in a range that could swing either way when fomc news comes out, where gonna end the day with some drama just make sure your on the right side of the track, good luck to all
If I Go Broke Trying Then I Will die happy.
  • #66,888
  • May 21, 2008 7:59am May 21, 2008 7:59am
Quoting warta
mabrouk salah 7alouha w ra7it 3a yali ra7
merci habeeebe

nshallah ya rab ma yet5ena2o in the airplane on the last bag of peanuts and screw us all.

meshe l 7al nshallah tizbat hal marra.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #66,889
  • May 21, 2008 8:03am May 21, 2008 8:03am
Quoting fx local
but why didnt they mention it in there statement, cant see anything new that these minutes will show
i dont know but it seems that a rate is not being priced in anymore.
we'll see
by the way where can we watch it over the net?
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #66,890
  • May 21, 2008 8:07am May 21, 2008 8:07am
Quoting salah k.
i dont know but it seems that a rate is not being priced in anymore.
we'll see
by the way where can we watch it over the net?
its only release of minutes from last meeting, no live talking by ben benarke, but there is a link on bloomberg website for live tv (smal delay) on it)
Trading is 80% Emotional, 20% Technical
  • #66,891
  • May 21, 2008 8:08am May 21, 2008 8:08am
it seems cable was only waiting for euro to top out
  • #66,892
  • May 21, 2008 8:13am May 21, 2008 8:13am
Quoting fx local
its only release of minutes from last meeting, no live talking by ben benarke, but there is a link on bloomberg website for live tv (smal delay) on it)
we have FOMC Meeting Minutes today at 2:00 pm
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #66,893
  • May 21, 2008 8:28am May 21, 2008 8:28am
Hi

Second test to daily pivot still hold ... how long it could hold?
  • #66,894
  • May 21, 2008 8:34am May 21, 2008 8:34am
Hey beejay

i hope u take my opinion yesterday and didnt close ur short
  • #66,895
  • May 21, 2008 8:43am May 21, 2008 8:43am
Quoting bbmac
the 4hr chart shows this mornings support area well, it being a prev swing hi and lo area on that chart.
BBMAC,

Excellent chart. Thanks for posting. I always like your stuff.

James16 posted a nice pin bar chart here http://www.forexfactory.com/showpost.php?p=2010242&postcount=10885

Rob
  • #66,896
  • May 21, 2008 8:55am May 21, 2008 8:55am
1.9623 today low @ my trder

if cable couldnot break this area ... it will reverse i mean break 1.9616 to 1.9600
  • #66,897
  • May 21, 2008 8:58am May 21, 2008 8:58am
Quoting Moe
Set And Forget and stop looking at charts and second guessing your trade every time you put on a trade, thats part of my system, to answer your question NO.
I second that system "Set And Forget and stop looking at charts and second guessing".

The problem here is that some traders go crazy when the currency makes retracements and panic control their actions or just don't follow what they said minutes ago, and start with another GUESS. If you have a define system STICK with it because soom or later you will lose money. If you don't have a system yet, stay in demo until you get your s**t together.

Wow, this week we had seen pips like crazy and I notice that some of you could have made many of those pips, but with all that changes, boom, you missed must of them.

I don't know guys, I wish I could help in some way, but language for me is difficult and sometimes I avoid posting because I don't know how to explain what I trying to said. That's why I speech better tru my charts that writing.

Good trading for all of you are my best wishes.
  • #66,898
  • May 21, 2008 9:03am May 21, 2008 9:03am
Quoting Carrera
I second that system "Set And Forget and stop looking at charts and second guessing".

The problem here is that some traders go crazy when the currency makes retracements and panic control their actions or just don't follow what they said minutes ago, and start with another GUESS. If you have a define system STICK with it because soom or later you will lose money. If you don't have a system yet, stay in demo until you get your s**t together.

Wow, this week we had seen pips like crazy and I notice that some of you could have made many of those pips, but with all that changes, boom, you missed must of them.

I don't know guys, I wish I could help in some way, but language for me is difficult and sometimes I avoid posting because I don't know how to explain what I trying to said. That's why I speech better tru my charts that writing.

Good trading for all of you are my best wishes.
very well said my friend!
Trading is 80% Emotional, 20% Technical
  • #66,899
  • May 21, 2008 9:11am May 21, 2008 9:11am
Could anybody comment on this please.......Could it be GBP/CHF losses dragging GBP/USD down today or do you see any technical evidence ?

Ty in advance
BANDA333
  • #66,900
  • May 21, 2008 9:16am May 21, 2008 9:16am
Quoting Carrera
I second that system "Set And Forget and stop looking at charts and second guessing".

The problem here is that some traders go crazy when the currency makes retracements and panic control their actions or just don't follow what they said minutes ago, and start with another GUESS. If you have a define system STICK with it because soom or later you will lose money. If you don't have a system yet, stay in demo until you get your s**t together.

Wow, this week we had seen pips like crazy and I notice that some of you could have made many of those pips, but with all that changes, boom, you missed must of them.

I don't know guys, I wish I could help in some way, but language for me is difficult and sometimes I avoid posting because I don't know how to explain what I trying to said. That's why I speech better tru my charts that writing.

Good trading for all of you are my best wishes.

I too agree with this in principal, insufficent funds and I've totally failed to find such a system sadly
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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