WOW!! What a day! I hope everyone enjoyed some nice pips! I'm off for the weekend 
Just digging in the trenches like everyone else!
Cable Update (GBPUSD)
- #69,481
- Jun 6, 2008 11:10am Jun 6, 2008 11:10am
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
- #69,482
- Jun 6, 2008 11:27am Jun 6, 2008 11:27am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #69,483
- Jun 6, 2008 2:26pm Jun 6, 2008 2:26pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Ive just got im from work and I am over the moon.I had 7 lots long with most closed out at 9720 .Just 2 left which I will hold for the day.
Ive got an inverse H+S .
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #69,484
- Jun 6, 2008 2:28pm Jun 6, 2008 2:28pm
- | Joined Dec 2007 | Status: Senior Member | 1,461 Posts
Ive just got im from work and I am over the moon.I had 7 lots long with most closed out at 9720 .Just 2 left which I will hold for the day.
Trading is 80% Emotional, 20% Technical
- #69,485
- Jun 6, 2008 2:29pm Jun 6, 2008 2:29pm
I dont trust anybody in Forex
Only my EA hehehe
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- #69,486
- Jun 6, 2008 2:31pm Jun 6, 2008 2:31pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #69,487
- Jun 6, 2008 2:33pm Jun 6, 2008 2:33pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #69,488
- Jun 6, 2008 2:38pm Jun 6, 2008 2:38pm
- | Joined Dec 2007 | Status: Senior Member | 1,461 Posts
Trading is 80% Emotional, 20% Technical
- #69,489
- Jun 6, 2008 2:46pm Jun 6, 2008 2:46pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
This was my daily prediction from yesterday night.
I dont mean to go on but im LOL
I dont mean to go on but im LOL
Yes I see it Malcolm .Ive closed all but one of my longs and am looking to buy again.
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #69,492
- Jun 6, 2008 4:57pm Jun 6, 2008 4:57pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Well on the Dow I said sell at 1.9710 a couple of weeks ago.
This J16 stuff really seems to work
This J16 stuff really seems to work
Ok ive looked at the Dow to see if there is dollar weakness as Salah says and there is.
Current price 12512 .
Monthly is in a downtrend (possible retrace after strong move up) and has so far been rejected at 13150 which is a price pivot zone.
Weekly you have a (BEOB) bearish out side bar which if broken will take you down to 11940 if you got PA there it could be a buy.
Daily is a double top off PPZ. Two BEOB.
To buy now is high risk there is nothing to suggest reversal of immediate trend .The 12505 PPZ we sit on may hold if we get a close above it then sell the retrace of this weekly bar at 12710.
Overall Dollar weakening in front of my eyes.
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #69,493
- Jun 6, 2008 5:02pm Jun 6, 2008 5:02pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #69,496
- Jun 7, 2008 4:08am Jun 7, 2008 4:08am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #69,499
- Jun 7, 2008 6:49am Jun 7, 2008 6:49am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Thanks Littlejohn.
Ya know its not all good as everyone here would know since I post all my thoughts /charts/trades.
Like James 16 would say “No Smoke No mirrors”
What im thrilled about really is the trades I never took.
I have recently opened some charts that I know absolutely nothing about and tried to apply the J16 method as best I can then looked back at them predictions and have been bang on the money.
That gives me hope that im going in the right direction.
Ya know its not all good as everyone here would know since I post all my thoughts /charts/trades.
Like James 16 would say “No Smoke No mirrors”
What im thrilled about really is the trades I never took.
I have recently opened some charts that I know absolutely nothing about and tried to apply the J16 method as best I can then looked back at them predictions and have been bang on the money.
That gives me hope that im going in the right direction.
Good to read about your progress. Well Done.
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #69,500
- Jun 7, 2008 12:33pm Jun 7, 2008 12:33pm
- Joined Apr 2007 | Status: Trader | 2,387 Posts
wow the only day i missed forex(because of exams) from 4 months till now and the world decides to change
first off euro and cable sky rocketed then israel threatens iran and oil jumps more than 10$ in one day and i was actually thinking of shorting it for a quick pip. hehe it made 19$ with no correction.
i guess now its certain cable is hitting 2.0 too bad i had a a buy that i closed the day be4 fearing it might crash to 9300.
by the way Bones congrats mate
thats y u are called one of the best
first off euro and cable sky rocketed then israel threatens iran and oil jumps more than 10$ in one day and i was actually thinking of shorting it for a quick pip. hehe it made 19$ with no correction.
i guess now its certain cable is hitting 2.0 too bad i had a a buy that i closed the day be4 fearing it might crash to 9300.
by the way Bones congrats mate
thats y u are called one of the best
"what doesn't bankrupt me, makes me stronger" modern nietzche