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Cable Update (GBPUSD)

  • #73,501
  • Jun 30, 2008 11:05am Jun 30, 2008 11:05am
Quoting thandavarayan
Hi there, i am Rayan from malaysia.....

GBPUSD it is will going to have down trade or up trade.
i am getting lost in gbpusd
it goes both direction bro...for the meantime
  • #73,502
  • Jun 30, 2008 11:12am Jun 30, 2008 11:12am
Quoting Bones
Its going real good ,Ive past a psychological point in my account so I'm happy ,only thing is I find myself more defensive as not to lose any now,lol

That oil trades been over 2000 pips, thats a sweat buy Mike very impressive, so you would add to that on a retrace PA set up?
Hey man, I know this is kind of late, but yeah I will add to the position on any retracement waiting for 150. I don't see any reason for it not to reach that point. As for it being big, your right, this is definitely the largest trade I've ever had and it actually is kind of intense! lol I'm glad to hear you've reached another milestone in your trading too! That's great!
I dream, therefore I become.
  • #73,503
  • Jun 30, 2008 11:13am Jun 30, 2008 11:13am
Quoting mrmunir
it goes both direction bro...for the meantime

no no no it will hold in the middle
  • #73,504
  • Jun 30, 2008 11:20am Jun 30, 2008 11:20am
I hope this monthly chart can show you guys something incredibly simple. Don't look at the EMAs, just look at the horizontal line. LONG TERM support and resistance.

2.10 here we come again. lol that was a joke, I'm not making any predictions, only setting myself up when the price action presents itself.

It will be doing just that again this month with the break upwards of that pin bar and so I'll be long until next month again.
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I dream, therefore I become.
  • #73,505
  • Jun 30, 2008 11:21am Jun 30, 2008 11:21am
hopefully EJ will going down during asian market tommorow..deep fall..
  • #73,506
  • Jun 30, 2008 11:22am Jun 30, 2008 11:22am
Quoting mrmunir
hopefully EJ will going down during asian market tommorow..deep fall..
Just look to the weekly chart and it should tell you something on that note.
I dream, therefore I become.
  • #73,507
  • Jun 30, 2008 11:36am Jun 30, 2008 11:36am
Moe, what's your beast of a system telling you for tomorrow?
Just digging in the trenches like everyone else!
  • #73,508
  • Jun 30, 2008 11:36am Jun 30, 2008 11:36am
Really glad to see you here again Mikey hope it’s not a fleeting visit?



Quoting makey2u
exit at 9818 for the first part second exits around 9790..
i guess i was dead on with my 63, i entered at 9964
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #73,509
  • Jun 30, 2008 11:50am Jun 30, 2008 11:50am
Not too late at all Mike,I kinda new what your answer would be straight after I posted.
Its a great way to trade and defiantly the way I would like to go when my confidence level is right as to know when to hold and when to jump ship.




Quoting mike w
Hey man, I know this is kind of late, but yeah I will add to the position on any retracement waiting for 150. I don't see any reason for it not to reach that point. As for it being big, your right, this is definitely the largest trade I've ever had and it actually is kind of intense! lol I'm glad to hear you've reached another milestone in your trading too! That's great!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #73,510
  • Jun 30, 2008 11:55am Jun 30, 2008 11:55am
Quoting Moe
if this thing close 900 or below were heading to 2.0000's area
forget about this the game is wide open, ima set my sell and buy stop orders and hopw one get trigger. later an wish your on the right side of the market when this takes off.
If I Go Broke Trying Then I Will die happy.
  • #73,511
  • Jun 30, 2008 12:00pm Jun 30, 2008 12:00pm
Quoting Moe
forget about this the game is wide open, ima set my sell and buy stop orders and hopw one get trigger. later an wish your on the right side of the market when this takes off.
Hey Moe, how's it goin? I had a quick question for you. what are the longest term trades you normally take? And do you consider the weight from the longer term charts (monthly) in your trading decisions based on lower timeframe charts? Thanks man, it's much appreciated! Have a good one.
I dream, therefore I become.
  • #73,512
  • Jun 30, 2008 12:14pm Jun 30, 2008 12:14pm
Quoting mike w
Hey Moe, how's it goin? I had a quick question for you. what are the longest term trades you normally take? And do you consider the weight from the longer term charts (monthly) in your trading decisions based on lower timeframe charts? Thanks man, it's much appreciated! Have a good one.
i have never hold a trade more then 3 days, no chart trading, when building my system, the weight is base on weekly charts on daily chart.
If I Go Broke Trying Then I Will die happy.
  • #73,513
  • Jun 30, 2008 12:27pm Jun 30, 2008 12:27pm
diverence playing out again ....
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  • #73,514
  • Jun 30, 2008 12:28pm Jun 30, 2008 12:28pm
Quoting Moe
i have never hold a trade more then 3 days, no chart trading, when building my system, the weight is base on weekly charts on daily chart.
Alrighty, thanks for the info Moe!
I dream, therefore I become.
  • #73,515
  • Jun 30, 2008 12:38pm Jun 30, 2008 12:38pm
Highs are lower and lows lower
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  • #73,516
  • Jun 30, 2008 12:42pm Jun 30, 2008 12:42pm
Quoting makey2u
just maybe bro!
makey wats up bro
good to see u back
did u win in the match yesterday
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #73,517
  • Edited 12:51pm Jun 30, 2008 12:49pm | Edited 12:51pm
Quoting Runway Trade
Highs are lower and lows lower
That's what I'm seeing as well. I've closed all my shorts and waiting for a new entry when London opens. IMO if we can't break through 1.988x once London opens, we'll see 1.9800 other wise, we're going up and could to test 2.0050.
Just digging in the trenches like everyone else!
  • #73,518
  • Jun 30, 2008 1:09pm Jun 30, 2008 1:09pm
Quoting eohater
That's what I'm seeing as well. I've closed all my shorts and waiting for a new entry when London opens. IMO if we can't break through 1.988x once London opens, we'll see 1.9800 other wise, we're going up and could to test 2.0050.
house data not going to be good tomorrow how will it go up...its wednesday we need to worry about...just my view
  • #73,519
  • Jun 30, 2008 1:16pm Jun 30, 2008 1:16pm
Quoting nAVIN2007
house data not going to be good tomorrow how will it go up...its wednesday we need to worry about...just my view
I think you've hit it on the head, Wed and Thurs will be critical days.
Just digging in the trenches like everyone else!
  • #73,520
  • Jun 30, 2008 1:30pm Jun 30, 2008 1:30pm
so far the GBPUSD market moving up .
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