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Cable Update (GBPUSD)

  • #75,781
  • Jul 11, 2008 2:19pm Jul 11, 2008 2:19pm
Quoting Infinity
Don't chase the market for every single pip bro.

That being said...... I couldn't resist that scalp from the 15m 50ema bounce..
Just closed for 25 pips..
good for u ...
  • #75,782
  • Jul 11, 2008 2:44pm Jul 11, 2008 2:44pm
Quoting nAVIN2007
good for u ...
Thanks bro....See y'all next week. Have a great weekend and don't forget forget to party......
Attached Image
Patience + Discipline - Greed = Success
  • #75,783
  • Jul 11, 2008 2:56pm Jul 11, 2008 2:56pm
im getting more and more bearish on GU
  • #75,784
  • Jul 11, 2008 3:07pm Jul 11, 2008 3:07pm
Quoting Clouds
im getting more and more bearish on GU
i know what u mean ...i dunno what the hell is going on, but things are looking crazy at the moment ..i dont even know who freddy and fanny are but they need to get there shit together.....there costing cash

have a great weekend guys ...
  • #75,785
  • Jul 11, 2008 3:10pm Jul 11, 2008 3:10pm
Quoting Clouds
im getting more and more bearish on GU
Why........look at the weekly.............. monthly too...

We should get a retracement to maybe 97xx but long still looks on....
Attached Image (click to enlarge)
Click to Enlarge Name: wegu.GIF Size: 15 KB
Patience + Discipline - Greed = Success
  • #75,786
  • Jul 11, 2008 3:20pm Jul 11, 2008 3:20pm
Quoting nAVIN2007
dont even know who freddy and fanny are but they need to get there shit together.....there costing cash
That is some funny shit!
Just digging in the trenches like everyone else!
  • #75,787
  • Jul 11, 2008 3:26pm Jul 11, 2008 3:26pm
Quoting Infinity
Why........look at the weekly.............. monthly too...

We should get a retracement to maybe 97xx but long still looks on....
I can draw different line, but i'm not so much bearish, but i think it will continue to range.
Attached Image
  • #75,788
  • Jul 11, 2008 3:37pm Jul 11, 2008 3:37pm
Quoting Clouds
I can draw different line, but i'm not so much bearish, but i think it will continue to range.
Attachment
I had that line there long before the price actually reached to that level. I expected a bounce off that line and that is exactly what we got. This weekly close just confirms what is seen on the monthly. The pair is still bullish IMO....

naked month chart for you....notice the second to last candle....:nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: nakedmo.GIF Size: 15 KB
Patience + Discipline - Greed = Success
  • #75,789
  • Jul 11, 2008 3:44pm Jul 11, 2008 3:44pm
Quoting nAVIN2007
i know what u mean ...i dunno what the hell is going on, but things are looking crazy at the moment ..i dont even know who freddy and fanny are but they need to get there shit together.....there costing cash

have a great weekend guys ...
NAV
they are like MORTGAGE BANKs lending to individuals for house purchases.
But the names,they are really funny !!!

baz
  • #75,790
  • Jul 11, 2008 8:23pm Jul 11, 2008 8:23pm
Quoting NuB
Break out the Ivory (Smart W33D)
Yes sir!

It was a great week and I'm looking forward to next week!

Hope yours was pipfull!

Next week we'll see what this trick has in store!
Just digging in the trenches like everyone else!
  • #75,791
  • Jul 11, 2008 8:26pm Jul 11, 2008 8:26pm
Quoting mcfx
omfg i just made my first +250 run
it feels good!
Just digging in the trenches like everyone else!
  • #75,792
  • Jul 11, 2008 11:06pm Jul 11, 2008 11:06pm
Quoting Infinity
I had that line there long before the price actually reached to that level. I expected a bounce off that line and that is exactly what we got. This weekly close just confirms what is seen on the monthly. The pair is still bullish IMO....

naked month chart for you....notice the second to last candle....:nerd:
Significantly larger real body than the previous 5 months but still centred where they are. Though so far this month, the close is above that for all months except Feb, where it is within 4 pips. A close significantly above 19935 will be more interesting still..
Darkness lies one inch ahead..
  • #75,793
  • Jul 12, 2008 12:00am Jul 12, 2008 12:00am
Quoting Clouds
I can draw different line, but i'm not so much bearish, but i think it will continue to range.
Attachment
Infinity's line touches at 3 points to your 2
Darkness lies one inch ahead..
  • #75,794
  • Jul 12, 2008 2:10am Jul 12, 2008 2:10am
Looking forward in next week. I challenging the level of 1.9977. Waiting to go bull if it does break it. If not, i stay back in the big range market. Actually i rather it to stay in range market whereby more predictable for me. Haha...

This weeks GU again provide good pips. Manage to catch the small reversal which give me another 27pips yesterday night. Luckily i have BLEACH in order to make me awake. So that i can catch that small pips.
  • #75,795
  • Jul 12, 2008 6:52am Jul 12, 2008 6:52am
how are u doing it being a very long time? how is job and family. well i have been out of forex for quite some time now. so i will like to know the broker u are using presently. coz. i don`t realy know what is happening to my broker now. they are not just doing like expect of them. i mean northfinance.Now they don`t give out profit in pip per dollar any more. i don`t just know why that is happening now, why other brokers still do. so if you think u have any advise for me kindly get back to me. thanks, happy weekend.









Quoting nAVIN2007
i dont know whats happening but i like !!!!!!

4hr chart got diverence on it very strong too....
  • #75,796
  • Jul 12, 2008 3:29pm Jul 12, 2008 3:29pm
Hi

I am new to this thread but not new to forex trading.

I like to trade the USD pairs (and indices) as part of a correlated strategy using oil and gold to help give direction. Does anyone else trade Cable like this?

I find it filters out many bad trades and you can cash in on the strongest moves when they happen. It is proving to be quite successful for me.

I would love to hear the views of anyone else on this approach.
  • #75,797
  • Jul 12, 2008 4:47pm Jul 12, 2008 4:47pm
I absolutely do that also with
usdx +
eur-usd +
usd-chf
For me its important to know dollar strength generally .
It is possible to trade by proxy if the set up is not there on your pair.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #75,798
  • Jul 12, 2008 5:28pm Jul 12, 2008 5:28pm
Quoting TraderJR
Infinity's line touches at 3 points to your 2
I see 6, if i'm not counting the 2.12 high
  • #75,799
  • Jul 13, 2008 3:15am Jul 13, 2008 3:15am
Quoting scorpion
Hi

I am new to this thread but not new to forex trading.

I like to trade the USD pairs (and indices) as part of a correlated strategy using oil and gold to help give direction. Does anyone else trade Cable like this?

I find it filters out many bad trades and you can cash in on the strongest moves when they happen. It is proving to be quite successful for me.

I would love to hear the views of anyone else on this approach.
look on tsd zeusjoes market-neutral hedge strategy . avi
  • #75,800
  • Jul 13, 2008 3:27am Jul 13, 2008 3:27am
mmm Uk inflation numbers next week...
OMG is that the monthly
Attached Image (click to enlarge)
Click to Enlarge Name: cable month plan.gif Size: 48 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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