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Cable Update (GBPUSD)

  • #83,981
  • Aug 25, 2008 12:11pm Aug 25, 2008 12:11pm
Quoting nAVIN2007
well for me i exited cause it passed the 62ema and i thinking its testing it now and now further up.....also the dollar index broke the blasted support..and after news comes in positive..it makes no sense this is gambling right now for me


Navin2007 private message me man
  • #83,982
  • Aug 25, 2008 12:13pm Aug 25, 2008 12:13pm
Im long from 1.8413 looking for a big move up. Stop is at +50 so its a winning trade no matter what. Looking for 200 to 250 pips at least
  • #83,983
  • Aug 25, 2008 12:15pm Aug 25, 2008 12:15pm
Quoting steelhead
Im long from 1.8413 looking for a big move up. Stop is at +50 so its a winning trade no matter what. Looking for 200 to 250 pips at least

Nice!
Just digging in the trenches like everyone else!
  • #83,984
  • Aug 25, 2008 12:21pm Aug 25, 2008 12:21pm
todays daily close should give us a good idea of where price is going but it still looks bearish to me...

this is the updated 1h...
Attached Image
Patience + Discipline - Greed = Success
  • #83,985
  • Aug 25, 2008 12:25pm Aug 25, 2008 12:25pm
Heres my view.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable daily ,25,08.gif Size: 36 KB
Click to Enlarge Name: cable monthly ,25,08.gif Size: 32 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #83,986
  • Aug 25, 2008 12:32pm Aug 25, 2008 12:32pm
Hi all,

I just about accomplished my goal. I have emailed account statement to those who provided me with there email addy's.

If anyone wants to see this crazy approach PM me ur email and I will send to u. I think I got lucky the last trade I made which netted me $965.00 was purely the opposite of what my technicals were indicating but it worked out. I am stopping now as today has been a little confusing therefore I don't wantt o give the money back. As mentioned I am donating $2000.00 to the Canadian Cancer society:
https://secureccs.ca/donations/donat...?div=2&lang=en

If any Canadians want to make a donation (Tax receipt available) click the link above. As for the $500.00 ... perhaps I will treat myself and drive to work (gas prices suck) as opposed to the train for the next couple weeks.

Will I do this agian? ... Maybe next year. I am out of Forex for a while looking to keep it safe with stocks/equities.

Forex = too much stress ... however this wasn't stressful at all given that I didn't care if I won or lost which makes me think about how much emotion is involved in this game.

God Bless ya'll and thanks for your support and wishes for my mother.

Starting Balance: $220.00
Ending Balance: $2743.00
Duration: 9 days
Trades: 26
Wins: 19
Losses: 7
  • #83,987
  • Aug 25, 2008 12:46pm Aug 25, 2008 12:46pm
Quoting poweredbuyer
Hi all,

I just about accomplished my goal. I have emailed account statement to those who provided me with there email addy's.

If anyone wants to see this crazy approach PM me ur email and I will send to u. I think I got lucky the last trade I made which netted me $965.00 was purely the opposite of what my technicals were indicating but it worked out. I am stopping now as today has been a little confusing therefore I don't wantt o give the money back. As mentioned I am donating $2000.00 to the Canadian Cancer society:
https://secureccs.ca/donations/donat...?div=2&lang=en

If any Canadians want to make a donation (Tax receipt available) click the link above. As for the $500.00 ... perhaps I will treat myself and drive to work (gas prices suck) as opposed to the train for the next couple weeks.

Will I do this agian? ... Maybe next year. I am out of Forex for a while looking to keep it safe with stocks/equities.

Forex = too much stress ... however this wasn't stressful at all given that I didn't care if I won or lost which makes me think about how much emotion is involved in this game.

God Bless ya'll and thanks for your support and wishes for my mother.

Starting Balance: $220.00
Ending Balance: $2743.00
Duration: 9 days
Trades: 26
Wins: 19
Losses: 7
welldone and god bless u..
  • #83,988
  • Edited 1:28pm Aug 25, 2008 12:51pm | Edited 1:28pm
Quoting Bones
Heres my view.
damnit ....im so confused i am hedged..i have a buy to go up incase 1.9400 holds and a sell to the 1.9400...i hope it bounces of support then hopefully i can get a result

any ideas whats happening here..?
  • #83,989
  • Aug 25, 2008 1:31pm Aug 25, 2008 1:31pm
Quoting txsr123
First short signal of the day lets see where it goes

entry 58
s/l 87
t/p ?
What do you consider a short signal?
  • #83,990
  • Aug 25, 2008 1:37pm Aug 25, 2008 1:37pm
Looks like overall gbp/usd will still continue going up after a small reversal...
  • #83,991
  • Aug 25, 2008 1:58pm Aug 25, 2008 1:58pm
Quoting nAVIN2007
damnit ....im so confused i am hedged..i have a buy to go up incase 1.9400 holds and a sell to the 1.9400...i hope it bounces of support then hopefully i can get a result

any ideas whats happening here..?
Nav, dont you mean 1.8400??
  • #83,992
  • Aug 25, 2008 1:59pm Aug 25, 2008 1:59pm
Quoting AmeriTrini
Nav, dont you mean 1.8400??
yes absolutely 1.84..i still cant believe we down at these levels...LOL
  • #83,993
  • Aug 25, 2008 2:00pm Aug 25, 2008 2:00pm
Going with the trend.
Attached Image (click to enlarge)
Click to Enlarge Name: (Carrera) gbp-usd 8-25-2008.png Size: 42 KB
  • #83,994
  • Aug 25, 2008 2:04pm Aug 25, 2008 2:04pm
Quoting Carrera
Going with the trend.
Patience + Discipline - Greed = Success
  • #83,995
  • Aug 25, 2008 2:28pm Aug 25, 2008 2:28pm
carrear,
how many points is your trailing stop loss at?
Keep It Simple Stupid
  • #83,996
  • Aug 25, 2008 2:30pm Aug 25, 2008 2:30pm
carrera,
How many points is your trailing stop loss at?
Keep It Simple Stupid
  • #83,997
  • Aug 25, 2008 2:34pm Aug 25, 2008 2:34pm
Quoting Carrera
Going with the trend.
I TREIED THAT ALL DAY AND IT JUST WENT UP..i have the death touch...and theres me think bruce lee was something
  • #83,998
  • Aug 25, 2008 2:40pm Aug 25, 2008 2:40pm
Quoting Alastair
carrera,
How many points is your trailing stop loss at?
Actualy I'm 26 pips from my entry point.
  • #83,999
  • Aug 25, 2008 2:41pm Aug 25, 2008 2:41pm
Quoting nAVIN2007
I TREIED THAT ALL DAY AND IT JUST WENT UP..i have the death touch...and theres me think bruce lee was something


That why taking your time and getting the entry right is always best. Instead of trading up and down all day take one position and let it go. My long at 8413 i dont have to worry about worse case i only make 50 pips. that is where my stop is +50 I also could earn alot more. the point is I dont have to sit in front of my comp all day. This trade was taken last night and then i went to bed.


less is more.
  • #84,000
  • Aug 25, 2008 3:13pm Aug 25, 2008 3:13pm
Quoting steelhead
That why taking your time and getting the entry right is always best. Instead of trading up and down all day take one position and let it go. My long at 8413 i dont have to worry about worse case i only make 50 pips. that is where my stop is +50 I also could earn alot more. the point is I dont have to sit in front of my comp all day. This trade was taken last night and then i went to bed.


less is more.
i hear u ....
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