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Cable Update (GBPUSD)

  • #77,201
  • Jul 23, 2008 9:30am Jul 23, 2008 9:30am
Quoting micho
its always confusing
not if you plan ur trades, analyse both the market and ur own behaviour on daily basis and u will find it clearer
Trading is 80% Emotional, 20% Technical
  • #77,202
  • Jul 23, 2008 9:33am Jul 23, 2008 9:33am
Quoting DJ4x
Other pairs are'nt going to make it any easier. Focus on one and you will get there.
i second that moving pairs is a cop out! just have to adjust ur plan according to the market conditions, be flexiable yet disciplined and ull be ok,
Trading is 80% Emotional, 20% Technical
  • #77,203
  • Jul 23, 2008 9:33am Jul 23, 2008 9:33am
Quoting allserene
Still holding enron shares ?
What is enron shares???
  • #77,204
  • Jul 23, 2008 9:35am Jul 23, 2008 9:35am
Quoting yank
What is enron shares???
you kidding right?
Keep It Simple Stupid
  • #77,205
  • Jul 23, 2008 9:36am Jul 23, 2008 9:36am
thanks for the advice guys. Just sometimes gets a little frustrating. i guess it cant move >100 pips everyday!
  • #77,206
  • Jul 23, 2008 9:38am Jul 23, 2008 9:38am
Quoting Alastair
you kidding right?
No bro..i didn't understand what is enron shares meaning
  • #77,207
  • Jul 23, 2008 9:42am Jul 23, 2008 9:42am
Quoting Gubster
thanks for the advice guys. Just sometimes gets a little frustrating. i guess it cant move >100 pips everyday!
its interesting to see how the market moves...it seems this sudden buy ....haulted right where the last rally stoped then headed down...

its kind of messed up my plan, as i so thought we heading down to the support 1.9900..might go up to 2.0047 find resistance then head down ...

direction to me looks down guys ...why up for some people???
  • #77,208
  • Jul 23, 2008 9:43am Jul 23, 2008 9:43am
Quoting fx local
its been dithering for 2008 to be honest, preditable trading ranges, 2.04 does look onimous, perhaps rate hike like you say may provide the stimulus, would indicate that the british governement trying to show some sign of creditibilty by doing the right thing for once and encouring saving!

or are we just lagging behind the proverbial curve...
either case recession are natural part of the system that should be played out, preventing and avoiding a recession can have far worse consequences in long run, just look at fed rate rates - have they saved the US economy from recession ithink not! (although government intervention in the markets and business cycle in particular warrants a thread of its own to discuss!)

nice to see euro sterling finally sell off, good head and shoulder on 4hour chart ifany1 interested

talk of UK recession are way over done, consumers spending less??, just go try and fill up some petrol, buy some food, or even try going shopping at bluewater and you see the rush and queues!!

personally think that sell off in crude is very temporary, merely profit taking, consoldation then back up to new highs perhaps this year... $110 buy?!

sorry for the typos by the way
Good to hear some positive comments on UK economy.
I hope you are right and all the economist who are predicting recession are wrong. What they know? Nothing.
UK retail sales will tell the truth about the lineup for shopping.
{Promotion Removed}
  • #77,209
  • Jul 23, 2008 9:44am Jul 23, 2008 9:44am
Enron -


http://en.wikipedia.org/wiki/Enron

The beatles


http://en.wikipedia.org/wiki/The_Beatles


911

http://en.wikipedia.org/wiki/September_11,_2001_attacks

Welcome space man !
  • #77,210
  • Jul 23, 2008 9:45am Jul 23, 2008 9:45am
Quoting allserene
Enron -


http://en.wikipedia.org/wiki/Enron

The beatles


http://en.wikipedia.org/wiki/The_Beatles


911

http://en.wikipedia.org/wiki/September_11,_2001_attacks

Welcome space man !


HAHAHAHAH thats too funny ... i actually am laughing out loud in my office. nice one :-) ...
  • #77,211
  • Jul 23, 2008 9:53am Jul 23, 2008 9:53am
Quoting DJ4x
short at 2.0021
what's your TP buddy?..do u think it will fall down to 1.9800 tommorow?
  • #77,212
  • Jul 23, 2008 9:53am Jul 23, 2008 9:53am
Quoting allserene
Enron -


http://en.wikipedia.org/wiki/Enron

The beatles


http://en.wikipedia.org/wiki/The_Beatles


911

http://en.wikipedia.org/wiki/September_11,_2001_attacks

Welcome space man !
Ohhhh...I never hear about it before.:nerd:
  • #77,213
  • Jul 23, 2008 9:55am Jul 23, 2008 9:55am
Quoting yank
Ohhhh...I never hear about it before.:nerd:
But do you see the point he was trying to make? What was your S/L on that long?
  • #77,214
  • Jul 23, 2008 9:59am Jul 23, 2008 9:59am
Quoting mrmunir
what's your TP buddy?..do u think it will fall down to 1.9800 tommorow?
Standard 30 -40 pips per entry unless i'm not looking then it its atuo TP +80
Don't know what will happen tomorrow. Trade today.
  • #77,215
  • Jul 23, 2008 10:00am Jul 23, 2008 10:00am
Quoting gammase1
But do you see the point he was trying to make? What was your S/L on that long?
yeah..i understand now. He ask about my long.
My SL is 1.9950. I set my TP at 2.0020 because i think it will tes the high once again.
  • #77,216
  • Jul 23, 2008 10:09am Jul 23, 2008 10:09am
is anyone short cable atm?
  • #77,217
  • Jul 23, 2008 10:10am Jul 23, 2008 10:10am
Quoting Prettrad
is anyone short cable atm?
Not me.
  • #77,218
  • Jul 23, 2008 10:14am Jul 23, 2008 10:14am
Quoting Prettrad
is anyone short cable atm?
not anymore.
Keep It Simple Stupid
  • #77,219
  • Jul 23, 2008 10:19am Jul 23, 2008 10:19am
i certainly am .....
  • #77,220
  • Jul 23, 2008 10:27am Jul 23, 2008 10:27am
Is he ever wrong?
im looking for a close over 2

Quoting nAVIN2007
there is every chance amertrini is right and this may fly....
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