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Cable Update (GBPUSD)

  • #71,221
  • Jun 17, 2008 8:23am Jun 17, 2008 8:23am
i am out for today, i wish you all good luck
  • #71,222
  • Jun 17, 2008 8:24am Jun 17, 2008 8:24am
Quoting Moe
how bout tiger wood yesterday, that guy is a beast, don't know if he will be ok with that bad knee.
Tiger also blew up his account yesterday
  • #71,223
  • Jun 17, 2008 8:25am Jun 17, 2008 8:25am
Quoting Runway Trade
Tiger also blew up his account yesterday
, yeah he did.
If I Go Broke Trying Then I Will die happy.
  • #71,224
  • Jun 17, 2008 8:26am Jun 17, 2008 8:26am
Quoting eohater
I don't know how he does it this early. It's eerie at times!

I won't have any indicators until the close of the US session going into the London.
my system is a beast man, didn't you know this
If I Go Broke Trying Then I Will die happy.
  • #71,225
  • Jun 17, 2008 8:26am Jun 17, 2008 8:26am
Quoting Moe
you should be you went in to early, well at least thats what i think.
i went short today @ 1.9694 and closed @ 1.9481 with profit 213 pips

and from half hour i went short @ 1.9530 and closed from few minutes @ 1.9500 with 30 pips profit

and finaly i see that 4 hour chart is bearish till now ...
  • #71,226
  • Jun 17, 2008 8:51am Jun 17, 2008 8:51am
Quoting deboooo2005
i went short today @ 1.9694 and closed @ 1.9481 with profit 213 pips

and from half hour i went short @ 1.9530 and closed from few minutes @ 1.9500 with 30 pips profit

and finaly i see that 4 hour chart is bearish till now ...
, did you close your longs
If I Go Broke Trying Then I Will die happy.
  • #71,227
  • Jun 17, 2008 8:55am Jun 17, 2008 8:55am
Quoting Moe
we need price to close at 1.9520 or below for this to head back up to 1.9700 area
if not then shorts could be back in play, keep your eyes open.
If I Go Broke Trying Then I Will die happy.
  • #71,228
  • Jun 17, 2008 8:56am Jun 17, 2008 8:56am
Just woke up pacific time and I see 50% of traders are hooting their success and 50% are quiet - newbies are bowing down to the winners and believe they have a fantastic mentor with a great system

So situation normal and all is well with the world

I was too busy swatting the con man from Nigeria who loves us all deeply and I didnt have a position on. Apparently me warning people on here about the Nigerian scam makes me a racist so I musn't do that in future - I should let people get sucked in

Many people will have gone with the simple logic that increased inflation is met with increased interest rates but we know that isn't necessarily so

Simplistic economics is a death trap for forex traders and anyone who uses the news to trade must learn that quickly

Like they say though, it's better to be out of a trade wishing you were in than in a trade wishing you were out.

I note the sentiment -'If only I had put twice the trade on' and that's a danger sign., When a winner says that you can be sure he will double up on the next one and lose his winnings

Winners be satisfied and keep it in scale and don't think you have found the secret

If you have found the secret then you will get rich quickly enough by keeping in scale - you will also be the first person in the history of the world to find the secret and you will have all that fame to look forward to...

All we can hope for is to win more often than we lose over a reasonable period of time

be careful you young enthusiasts

softly softly

ps nice bounce eh ?
  • #71,229
  • Jun 17, 2008 9:00am Jun 17, 2008 9:00am
Quoting allserene
Just woke up pacific time and I see 50% of traders are hooting their success and 50% are quiet - newbies are bowing down to the winners and believe they have a fantastic mentor with a great system

So situation normal and all is well with the world

I was too busy swatting the con man from Nigeria who loves us all deeply and I didnt have a position on. Apparently me warning people on here about the Nigerian scam makes me a racist so I musn't do that in future - I should let people get sucked in

Many people will have gone with the simple logic that increased inflation is met with increased interest rates but we know that isn't necessarily so

Simplistic economics is a death trap for forex traders and anyone who uses the news to trade must learn that quickly

Like they say though, it's better to be out of a trade wishing you were in than in a trade wishing you were out.

I note the sentiment -'If only I had put twice the trade on' and that's a danger sign., When a winner says that you can be sure he will double up on the next one and lose his winnings

Winners be satisfied and keep it in scale and don't think you have found the secret

If you have found the secret then you will get rich quickly enough by keeping in scale - you will also be the first person in the history of the world to find the secret and you will have all that fame to look forward to...

All we can hope for is to win more often than we lose over a reasonable period of time

be careful you young enthusiasts

softly softly
Sweet, I had drinks for lunch today too!
USD Est Non Mortuus
  • #71,230
  • Jun 17, 2008 9:01am Jun 17, 2008 9:01am
Quoting B@by trader
Im long now and I gonna stick with my long
p/s:even MOE short
I just
looks like my work.

if cable reach 1.9565 I think it will go up up and away
but my analysis usually silly.
I need MOE?
  • #71,231
  • Jun 17, 2008 9:02am Jun 17, 2008 9:02am
Quoting tarektm
Where do you think the cable retracement will stop?
will it reach 50% of it's daily move?
do you think we will see more?
  • #71,232
  • Jun 17, 2008 9:14am Jun 17, 2008 9:14am
Quoting LuckyLurker
Sweet, I had drinks for lunch today too!
I have 4 hours to wait for lunch time

What did you drink ? I had 2 glasses of wine at home last night but I need to find some drinkers amongst these pilgrims who see the devil in every wine glass and who have never tasted scrumpy cider and who wont spread bet but will do forex coz that isnt betting

I am really glad I didnt have a position on overnight as it would probably have been the wrong direction - I feel like a winner ! easily satisfied or what

ok need to short the next spike up and then ride my 1250 suzuki in the cascade mountains

Ain't life wonderful !!!!
  • #71,233
  • Jun 17, 2008 9:17am Jun 17, 2008 9:17am
Quoting Moe
, did you close your longs
really i go long @ 1.9506 @ close @ 1.9560 ... but with small lot ...

if cable couldnt go above 1.9573 it will fall down

here i came every day ... watching & reading ... how traders think about

trend ... so you may see prefessinal trader & may silly traders ..

but in the end we share our experince together ... thanks

may i short from bounce .... Trade @ ur own Risk
  • #71,234
  • Jun 17, 2008 9:27am Jun 17, 2008 9:27am
we are about to finish the retrace lol
  • #71,235
  • Jun 17, 2008 9:40am Jun 17, 2008 9:40am
Quoting Infinity
long from 9500...
I closed this for 65 pips....
Patience + Discipline - Greed = Success
  • #71,236
  • Jun 17, 2008 9:47am Jun 17, 2008 9:47am
J/k of the day cheeer up traders

"Lord, they are finally together!"
She married and had 13 children. Her husband died.
?She married again and had 7 more children.?
??
?Again, her husband died.
?But, she remarried and this time had 5 more children.
?And she finally died.?
??
?Standing before her coffin, the preacher prayed for her.
?He thanked the Lord for this very loving woman and said,?
?
?'Lord, they're finally together.'?
?One mourner leaned over and quietly asked her friend, 'Do you
? think he?means her first, second or third husband?'?
? The friend replied, 'I think he means her legs.'?
?
  • #71,237
  • Jun 17, 2008 9:55am Jun 17, 2008 9:55am
Quoting warta
J/k of the day cheeer up traders

"Lord, they are finally together!"
She married and had 13 children. Her husband died.
?She married again and had 7 more children.?
??
?Again, her husband died.
?But, she remarried and this time had 5 more children.
?And she finally died.?
??
?Standing before her coffin, the preacher prayed for her.
?He thanked the Lord for this very loving woman and said,?
?
?'Lord, they're finally together.'?
?One mourner leaned over and quietly asked her friend, 'Do you
? think he?means her first, second or third husband?'?
? The friend replied, 'I think he means her legs.'?
?
Wasn't Jane (bury me in a Y shaped coffin) Harrington ?
  • #71,238
  • Jun 17, 2008 9:57am Jun 17, 2008 9:57am
EDIT: Error...
  • #71,239
  • Jun 17, 2008 9:59am Jun 17, 2008 9:59am
Come on guys, if you're gonna crack jokes, at least make them funny...
  • #71,240
  • Jun 17, 2008 10:02am Jun 17, 2008 10:02am
Quoting warta
J/k of the day cheeer up traders

"Lord, they are finally together!"
She married and had 13 children. Her husband died.
?She married again and had 7 more children.?
??
?Again, her husband died.
?But, she remarried and this time had 5 more children.
?And she finally died.?
??
?Standing before her coffin, the preacher prayed for her.
?He thanked the Lord for this very loving woman and said,?
?
?'Lord, they're finally together.'?
?One mourner leaned over and quietly asked her friend, 'Do you
? think he?means her first, second or third husband?'?
? The friend replied, 'I think he means her legs.'?
?
Patience + Discipline - Greed = Success
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