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Cable Update (GBPUSD)

  • #82,381
  • Aug 14, 2008 3:49pm Aug 14, 2008 3:49pm
Quoting poweredbuyer
Just creating a site to blog all this now. Will send u link shortly.

so far so good first trade +43 pips EUR/JPY Short 0.2 Lots.

Balance $306.00

Wish I could do this everyday but that short was an easy tell.

Thanks for the wishes message u soon.

-powered

I don't know how you did that, but you need a $300 minimum to open a mini acct. with FXCM!!!
  • #82,382
  • Aug 14, 2008 4:19pm Aug 14, 2008 4:19pm
Quoting eohater
nAVIN

Systems need to change with the markets. Everyone forgets this key, including myself.

I'm currently back in long at 1.8666. I couldn't resist the price level.

How's your daily candle look on your charts? I'm thinking a lot of people are holding shorts and are concerned she's getting ready to turn. I don't know where she's going, but I do want to ride her on the right side.

What kind of signals are you using now?
what im looking for are just confirmations..like if it goes up then it , it will give a bullish signal on dailly but it will go down to retest b4 going up....im looing to buy on retest..i think its safer..stuff like this
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  • #82,383
  • Aug 14, 2008 4:23pm Aug 14, 2008 4:23pm
Quoting nAVIN2007
what im looking for are just confirmations..like if it goes up then it , it will give a bullish signal on dailly but it will go down to retest b4 going up....im looing to buy on retest..i think its safer..stuff like this
may be short term..But the bottom hasn't touched yet.. Buying around 1.85 will be much better for a real long entry !

Hope it helps someone

EDIT: i don't trade GBP/USD.. it's just my prediction using my technical analysis.. i'm a EUR/USD fan!
  • #82,384
  • Aug 14, 2008 4:23pm Aug 14, 2008 4:23pm
also..
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  • #82,385
  • Aug 14, 2008 4:24pm Aug 14, 2008 4:24pm
Quoting nAVIN2007
what im looking for are just confirmations..like if it goes up then it , it will give a bullish signal on dailly but it will go down to retest b4 going up....im looing to buy on retest..i think its safer..stuff like this
Good call! I use the same confirmations on my entries off of fthe 4 hour charts. It is much safer and you don't have to have such a wide SL.
Just digging in the trenches like everyone else!
  • #82,386
  • Aug 14, 2008 4:31pm Aug 14, 2008 4:31pm
Quoting nAVIN2007
also..
I would like to see it fall to around 1.862x again or even down to 1.85 before feeling confotable with a long term long position.
Just digging in the trenches like everyone else!
  • #82,387
  • Edited 4:47pm Aug 14, 2008 4:35pm | Edited 4:47pm
Quoting eohater
I would like to see it fall to around 1.862x again or even down to 1.85 before feeling confotable with a long term long position.

yes.....i agreee but tomorrow friday and i doubt this week im going to enter...last thing i want to do is hold into weekend...there is a chance that this might fly up...based on the past so i dont want to be on the wrong side again ....

i reckon we in a range 1.8566 - 1.9108 ..stops slightly below 1.8566 for longs to 1.9108..but again it guess work no confirmations at all...but it was a weekly range in the past

but saying this at 61% fibo is a good place for a bounce to go up....1.9108 past this i cant see that...UK ecomony gong to go worse in winter time ( i think)
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  • #82,388
  • Aug 14, 2008 5:16pm Aug 14, 2008 5:16pm
Hey carrera, think i could maybe scalp some pips on the way up soon?
Keep It Simple Stupid
  • #82,389
  • Aug 14, 2008 5:22pm Aug 14, 2008 5:22pm
Any one?
Keep It Simple Stupid
  • #82,390
  • Aug 14, 2008 5:47pm Aug 14, 2008 5:47pm
I love it, so quiet!
Keep It Simple Stupid
  • #82,391
  • Aug 14, 2008 5:55pm Aug 14, 2008 5:55pm
Hello,Hello, Hello, Hello, (meant to be an echo)
Keep It Simple Stupid
  • #82,392
  • Aug 14, 2008 6:10pm Aug 14, 2008 6:10pm
Warta! one name recognise!
Keep It Simple Stupid
  • #82,393
  • Aug 14, 2008 6:13pm Aug 14, 2008 6:13pm
im here dude

checking the cable hehehe, and the slaughter continues
i dont know what the heck is happening to my beloved pound pattern
When life gives you lemons, make lemonade
  • #82,394
  • Aug 14, 2008 6:14pm Aug 14, 2008 6:14pm
Micho! another one i recognise!
Keep It Simple Stupid
  • #82,395
  • Aug 14, 2008 6:15pm Aug 14, 2008 6:15pm
i am not sure why everyone is ichting to go long hahahaha
just go short, follow the trend, its your friend. but the best thing you can do is to stay away from the pound until this thing settles down
When life gives you lemons, make lemonade
  • #82,396
  • Aug 14, 2008 6:16pm Aug 14, 2008 6:16pm
Quoting Alastair
Micho! another one i recognise!
lol Alastair also recognized... did you see my cable?? where is it?? what happened to my cable
When life gives you lemons, make lemonade
  • #82,397
  • Aug 14, 2008 6:20pm Aug 14, 2008 6:20pm
LOL its going down! but im trying to grab a couple pips before i go to bed!
Keep It Simple Stupid
  • #82,398
  • Aug 14, 2008 6:21pm Aug 14, 2008 6:21pm
what happened toooo
the pound we knewwww
When life gives you lemons, make lemonade
  • #82,399
  • Aug 14, 2008 6:26pm Aug 14, 2008 6:26pm
Quoting Alastair
LOL its going down! but im trying to grab a couple pips before i go to bed!
look man better not to get involved with a manual trade now because it will keep u awake all night long if it went in the other direction

i think its good when u first think of what ur loss would be in case something wrong happened before thinking about any gains
When life gives you lemons, make lemonade
  • #82,400
  • Aug 14, 2008 6:29pm Aug 14, 2008 6:29pm
Exactly my position now sitting here staring at the screen!
Keep It Simple Stupid
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