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Cable Update (GBPUSD)

  • #82,501
  • Aug 15, 2008 9:01am Aug 15, 2008 9:01am
hope everybody got in on this one....

If so happy Friday!!!!!!!!!!!!!!1
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  • #82,502
  • Aug 15, 2008 9:02am Aug 15, 2008 9:02am
Close out at a nice big fat LOSS, short biased but done for the week, enjoy the weekend
  • #82,503
  • Aug 15, 2008 9:10am Aug 15, 2008 9:10am
I just sought divine guidance and the answer came in faint voice from under the toaster.

It said that cable isn't at the bottom, but it's trying to find a ledge to rest on for a while - it said continue to short any significant up-spikes, but there may be some mini long opportunities as the ledge is established

When betting against the down trend, it's necessary to be very careful , but it's something to do while waiting for the short opportunities
  • #82,504
  • Aug 15, 2008 9:23am Aug 15, 2008 9:23am
Quoting Fx1618
Close out at a nice big fat LOSS, short biased but done for the week, enjoy the weekend

i closed my long 8670 in -28 pips and opened two short : one gbr and one eur ... closed +91 pip

so +63 for today
  • #82,505
  • Aug 15, 2008 9:24am Aug 15, 2008 9:24am
Quoting eohater
Same here, long again at 1.8670
That trade sucked! I had a tight SL at 1.8640 so it wasn't the end of the world.
Just digging in the trenches like everyone else!
  • #82,506
  • Aug 15, 2008 9:26am Aug 15, 2008 9:26am
Cable is going crazy without clear direction.
It's trying hard to stay over 1.86. Intraday.
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  • #82,507
  • Aug 15, 2008 9:28am Aug 15, 2008 9:28am
hells honkers - i only put a small long on and it paid off in minutes !

out again

It's scalping time as sitting bull used to say
  • #82,508
  • Aug 15, 2008 9:28am Aug 15, 2008 9:28am
Alright guys! Done for the week! Ended on a positive note, still digging out my loss from last week though! Time to fire up the pipe and hit the golf course! See everyone Sunday night!
Just digging in the trenches like everyone else!
  • #82,509
  • Aug 15, 2008 9:29am Aug 15, 2008 9:29am
Quoting Fx1618
Close out at a nice big fat LOSS, short biased but done for the week, enjoy the weekend
And see what happened after you closed with the big fat loss!!! It's like there is a mean little person behind those numbers, whose sole purpose in life is to go against you. Hate that!
Expected the unexpected
  • #82,510
  • Aug 15, 2008 9:30am Aug 15, 2008 9:30am
Quoting eohater
Alright guys! Done for the week! Ended on a positive note, still digging out my loss from last week though! Time to fire up the pipe and hit the golf course! See everyone Sunday night!
see ya, im out too. still -60 from the beginning of the month, but in plus overall
  • #82,511
  • Aug 15, 2008 9:37am Aug 15, 2008 9:37am
Quoting eohater
Alright guys! Done for the week! Ended on a positive note, still digging out my loss from last week though! Time to fire up the pipe and hit the golf course! See everyone Sunday night!

GBP/NZD Looks soo tempting for a long.

Thoughts ? ...

Clouds,

Did you long this yet bro u were thinkin yesterday?
  • #82,512
  • Aug 15, 2008 9:40am Aug 15, 2008 9:40am
Quoting allserene
I just sought divine guidance and the answer came in faint voice from under the toaster.

It said that cable isn't at the bottom, but it's trying to find a ledge to rest on for a while - it said continue to short any significant up-spikes, but there may be some mini long opportunities as the ledge is established

When betting against the down trend, it's necessary to be very careful , but it's something to do while waiting for the short opportunities
This is good that you've finally agreed to be listening to a divine voice.
I hope you'r listening to the REAL GOD. You could be listening to a wrong voice saying that cable isn't at bottom yet, when it is really going up
  • #82,513
  • Aug 15, 2008 9:42am Aug 15, 2008 9:42am
ive posted this before but here's an update...

i've been shorting at every one of these rally tops. 150sma.

the surge to 1.8664 is a great place to short imo.

any input?
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  • #82,514
  • Aug 15, 2008 9:44am Aug 15, 2008 9:44am
Quoting fxbroker
This is good that you finally agreed to be listening to a divine voice.
I hope you listening to the REAL GOD. You could be listening a wrong voice saying that cable isn't at bottom yet, when it is really going up
I think God is totally not in the realm of forex trading.
Expected the unexpected
  • #82,515
  • Aug 15, 2008 9:45am Aug 15, 2008 9:45am
further breakout variant up to 1.8520/40, 1.8460/80
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  • #82,516
  • Aug 15, 2008 9:50am Aug 15, 2008 9:50am
Quoting poweredbuyer
GBP/NZD Looks soo tempting for a long.

Thoughts ? ...

Clouds,

Did you long this yet bro u were thinkin yesterday?
I don't trade that pair. I only trade GBP/USD. Sorry I can't advise!

Hope you have a good weekend!
Just digging in the trenches like everyone else!
  • #82,517
  • Aug 15, 2008 9:56am Aug 15, 2008 9:56am
Quoting fxbroker
This is good that you've finally agreed to be listening to a divine voice.
I hope you'r listening to the REAL GOD. You could be listening to a wrong voice saying that cable isn't at bottom yet, when it is really going up
They say that god is all around us so she may be under the toaster - or it could be Satan posing as a talking crumb

All I know is that there is zero confidence -so when it goes up a lot i short - and when it goes down a lot i go long. It's not high tech but it's working just now.

They have to be significant movement using the 15 minute chart - smaller moves and shorter time periods dont work - and if possible i do euro/usd as the spread is so small in comparison. If I do cable then i use euro 30 second chart for advance warning and a magnifying glass

If that fails, I use a uija board and ask a few horned demons as they are ace chartists. The one's without the horns are still learning
  • #82,518
  • Aug 15, 2008 9:57am Aug 15, 2008 9:57am
Quoting scyang
I think God is totally not in the realm of forex trading.
That is what you think.

But I think differently myself.

My thinking is that nothing was created without HIM
including human beings and our economic activities.
Therefore, FOREX cannot operate without HIS LAWS

Different methods of trades. The end results is what matters!
That is are you really making profit with what you think?

Happy trading
  • #82,519
  • Aug 15, 2008 10:01am Aug 15, 2008 10:01am
Quoting fxbroker
That is what you think.

But I think differently myself.

My thinking is that nothing was created without HIM
including human beings and our economic activities.
Therefore, FOREX cannot operate without HIS LAWS

Different methods of trades. The end results is what matters!
That is are you really making profit with what you think?

Happy trading

fxbroker,

Personally I don't believe in God ... But perhaps you can change my belief and tell me what God is thinking about GBP/NZD ....

If you base analysis on GOD's direction. How do you receive these calls ... through voices, dreams, intuition?

BTW:

-powered
  • #82,520
  • Aug 15, 2008 10:11am Aug 15, 2008 10:11am
Quoting poweredbuyer
fxbroker,

Personally I don't believe in God ... But perhaps you can change my belief and tell me what God is thinking about GBP/NZD ....

If you base analysis on GOD's direction. How do you receive these calls ... through voices, dreams, intuition?

BTW:

-powered
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