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Cable Update (GBPUSD)

  • #83,441
  • Aug 21, 2008 8:11am Aug 21, 2008 8:11am
Quoting Infinity
I still hold this view...
You think she's going to reject 1.8800 and fall? I see a pullback from this price level, could even go down to 1.868x, but I think she might have truely found a bottom.
Just digging in the trenches like everyone else!
  • #83,442
  • Aug 21, 2008 8:11am Aug 21, 2008 8:11am
I am thinking it gbp/usd will go down

I am Short thinking


Im speak english bad, sorry.
  • #83,443
  • Aug 21, 2008 8:13am Aug 21, 2008 8:13am
Quoting eohater
You think she's going to reject 1.8800 and fall? I see a pullback from this price level, could even go down to 1.868x, but I think she might have truely found a bottom.
I think it will pullback at the 4h 50 ema which is around 8800. 4h is also in ob territory now so it is likely ...
Patience + Discipline - Greed = Success
  • #83,444
  • Aug 21, 2008 8:19am Aug 21, 2008 8:19am
Quoting Optimum
I am thinking it gbp/usd will go down

I am Short thinking


Im speak english bad, sorry.
Good evening Johhny Turk !

Your English is not so bad and much better than my Turkish

Yes there is not much confidence around at the moment and all the markets are so whippy

I have made really excellent money on the DOW in the last couple of days.
I know it will probably be wiped out next week.
With this much volatility, big moves are likely to reverse at any moment - so much fear about

The only trades I am confident about are contrary to the latest big move, in whichever direction it goes
  • #83,445
  • Aug 21, 2008 8:24am Aug 21, 2008 8:24am
down down 1,8700
  • #83,446
  • Aug 21, 2008 8:33am Aug 21, 2008 8:33am
Quoting eohater
You think she's going to reject 1.8800 and fall? I see a pullback from this price level, could even go down to 1.868x, but I think she might have truely found a bottom.
It seems the previous swing high of 8785 held for now. I closed my long at 8770. Will look to reenter lower... 8680 does look possible as the 15m 50ema is there.... lets see how the london close goes...
Patience + Discipline - Greed = Success
  • #83,447
  • Aug 21, 2008 8:33am Aug 21, 2008 8:33am
Quoting allserene
Good evening Johhny Turk !

Your English is not so bad and much better than my Turkish

Yes there is not much confidence around at the moment and all the markets are so whippy

I have made really excellent money on the DOW in the last couple of days.
I know it will probably be wiped out next week.
With this much volatility, big moves are likely to reverse at any moment - so much fear about

The only trades I am confident about are contrary to the latest big move, in whichever direction it goes
Sen Türk müsün ?

Do you Speak Turkish?
  • #83,448
  • Aug 21, 2008 8:33am Aug 21, 2008 8:33am
but not in a straight line

the market is as jumpy as the georgian president high on acid at the same time as his girlfriend is threatening to call his wife and there are russina planes overhead
  • #83,449
  • Aug 21, 2008 8:36am Aug 21, 2008 8:36am
Quoting Infinity
It seems the previous swing high of 8785 held for now. I closed my long at 8770. Will look to reenter lower... 8680 does look possible as the 15m 50ema is there.... lets see how the london close goes...
Nice!

I'm sitting in a boat without any oars right now. Not in the market and waiting for an entry point. I took a quick 15 off the top when she pulled back, but I didn't want to be too greedy so that's all for now.
Just digging in the trenches like everyone else!
  • #83,450
  • Aug 21, 2008 8:37am Aug 21, 2008 8:37am
Quoting allserene
you will lose the lot taking any notice of news and thinking you know what moves that will cause - especially if you have a string of wins - thats wipe out time

good fun though
Agreed to some extent dude. Like I said bro this is for fun. I hedge on news releases and once direction is confirmed usually grab 15-30 pips.

I'm not offering any signals or calls no interest in that stuff ... Just messing around. Last time Im posting here cause im sending emails and posting it on my blog to those who expressed interest in my adventure. (I have 10-15 more people who want links etc I will send you after this post)

Starting Balance: $220.00
Current Balance: $1034.00
Trades: 15
Win: 11
Losses: 4
Duration: 6 days

Time for full lots :-) ...Tommorow I could have $0.00 or perhaps 3K ... lets see :-)

BTW: if I do hit 3K im donating 2K to a local cancer charity here in Toronto (my mother was recently diagnosed) plus I get a tax receipt :-)

All the best ya'll ...

**REMINDER**
Once I get to the $1000 mark I will be trading full lots. Once again this is pure gambling (although I am using TA and watchin the news etc) but because its EXTREMELY high risk I could get wiped out with 1 bad trade. This is just to feed my gambling needs lol ... haven't been to vegas in a while maybe its the withdrawls lol ...
If I hit my target of $3K I will stop.
**REMINDER **
  • #83,451
  • Aug 21, 2008 8:39am Aug 21, 2008 8:39am
Quoting Optimum
Sen Türk müsün ?

Do you Speak Turkish?
Unfortunately no ...

I flew to Istanbul the day after 9-11 because people were advised not to fly there but I like to be contrary. I went on from there to Odessa

The taxi drivers were throwing hundreds of chestnuts at me as they thought it was the start of the new world order - I showed my teeth and they backed off

Generally speaking , I think the Turks are fun, so I had no hard feelings !

Careful with forex always and especially just now
  • #83,452
  • Aug 21, 2008 8:40am Aug 21, 2008 8:40am
Quoting poweredbuyer
...
BTW: if I do hit 3K im donating 2K to a local cancer charity here in Toronto (my mother was recently diagnosed) plus I get a tax receipt :-)...

Sorry to hear about your mom. I wish her the best!

Glad to see you'll be donating some of the profits!
Just digging in the trenches like everyone else!
  • #83,453
  • Aug 21, 2008 8:44am Aug 21, 2008 8:44am
any one going short???
  • #83,454
  • Aug 21, 2008 8:45am Aug 21, 2008 8:45am
Quoting eohater
Sorry to hear about your mom. I wish her the best!

Glad to see you'll be donating some of the profits!

Thanks man I didn't want to litter this post with off topic things like my little high risk adventure but this is it for now and thanks for the wishes. As for my mom she'll be alright in hopes ... I am a huge supported of "fight for a cure" and anything anyone can do to help is great because at the end of the day with the frequency of cancer increasing that money will be returned to you in some form.

Take care and all the best with your trades bro.
  • #83,455
  • Aug 21, 2008 8:47am Aug 21, 2008 8:47am
if 15 mins chart show a mini double top or refuse to pass through 1.8799, i will enter short. what are the point of view you guys have there? im trading on 4h chart actually but learning to understand 15mins signal. hope to have some help here cheers!!
  • #83,456
  • Aug 21, 2008 8:51am Aug 21, 2008 8:51am
Your high risk adventure is not off topic

If there is some logic behind it and it works then that could be useful

If it all goes wrong really quickly then it reinforces people's caution and deliberations

So either way we need to know

I am having a lovely time riding this volatility up and down - i do really well with this - just bet opposite to the latest large move and dive out when it falters
  • #83,457
  • Aug 21, 2008 8:57am Aug 21, 2008 8:57am
Im short

http://i47.photobucket.com/albums/f1...grul/short.gif
  • #83,458
  • Aug 21, 2008 9:05am Aug 21, 2008 9:05am
Quoting poweredbuyer
Thanks man I didn't want to litter this post with off topic things like my little high risk adventure but this is it for now and thanks for the wishes. As for my mom she'll be alright in hopes ... I am a huge supported of "fight for a cure" and anything anyone can do to help is great because at the end of the day with the frequency of cancer increasing that money will be returned to you in some form.

Take care and all the best with your trades bro.
You can find information about it here:
http://www.redfruitoil.com/about-buah-merah.html

It's "magic" fruit against cancer .... a lot of people use it already ... you can try it ... maybe it can helps your mother ....
  • #83,459
  • Aug 21, 2008 9:11am Aug 21, 2008 9:11am
Quoting dogol
You can find information about it here:
http://www.redfruitoil.com/about-buah-merah.html

It's "magic" fruit against cancer .... a lot of people use it already ... you can try it ... maybe it can helps your mother ....
Thanks alot really appreciate it.
  • #83,460
  • Aug 21, 2008 9:38am Aug 21, 2008 9:38am
I am getting a possible short signal with target down to 8700 but I decided to take only long trades today so I'll pass on this one....

caution though......rsi still above 50 and price is above 10ema
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Patience + Discipline - Greed = Success
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