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Cable Update (GBPUSD)

  • #84,401
  • Aug 27, 2008 1:39pm Aug 27, 2008 1:39pm
Quoting nAVIN2007
i think i know how to combat my stupidity..i might start a trading journal...this way i can write why i do what i do and analyse my weakness...i might for once actually do what i say..which is the problem really..

do u guys have journals?
Bro, I've been printing my trade charts upon entry for the last 4 years. I keep them in three ring binders.

Their nice, because it causes you to wait for a minute and answer your entry questions as to why take the trade and confirm your set up. You won't be disappointed in doing this.
Just digging in the trenches like everyone else!
  • #84,402
  • Aug 27, 2008 1:40pm Aug 27, 2008 1:40pm
Quoting steelhead
Yeah i decided against it. I still want to see the low tested by a close of one hour or four hour candle. I still believe it will give another chance. I also said though it could just go up from where it was.


This has a potential of a move up of 700-800 pips. Just have to wait and see. I don't trade this time of day to slow I most likely will wait till london or right before.
what makes u think 700-800 pips can happen up? ...
  • #84,403
  • Aug 27, 2008 1:43pm Aug 27, 2008 1:43pm
Quoting eohater
Bro, I've been printing my trade charts upon entry for the last 4 years. I keep them in three ring binders.

Their nice, because it causes you to wait for a minute and answer your entry questions as to why take the trade and confirm your set up. You won't be disappointed in doing this.

yeah i will do this ...i need to do this question myself b4 i do it...and if it there for the world to see ....i wont want to look like a bigger fool... so it might actually work..
  • #84,404
  • Aug 27, 2008 1:48pm Aug 27, 2008 1:48pm
Quoting nAVIN2007
what makes u think 700-800 pips can happen up? ...

there is a gap on the daily chart that still needs to be filled.
  • #84,405
  • Aug 27, 2008 1:48pm Aug 27, 2008 1:48pm
I'm L at 1.8309 lookin for a 100 pips here overnight. oil rising yet dollar is stayin strong...just gotta see what happens tonight
  • #84,406
  • Aug 27, 2008 1:50pm Aug 27, 2008 1:50pm
Quoting steelhead
there is a gap on the daily chart that still needs to be filled.
what range is the gap in...i have no gap??
  • #84,407
  • Aug 27, 2008 1:52pm Aug 27, 2008 1:52pm
Quoting steelhead
there is a gap on the daily chart that still needs to be filled.
Not all gaps get filled.
Just digging in the trenches like everyone else!
  • #84,408
  • Aug 27, 2008 2:02pm Aug 27, 2008 2:02pm
Quoting steelhead
there is a gap on the daily chart that still needs to be filled.


  • #84,409
  • Aug 27, 2008 2:06pm Aug 27, 2008 2:06pm
Quoting steelhead
there is a gap on the daily chart that still needs to be filled.
Are you looking at the 08 Nov 07 close and the 11 Nov 07 open gap?
Just digging in the trenches like everyone else!
  • #84,410
  • Aug 27, 2008 2:23pm Aug 27, 2008 2:23pm
Quoting eohater
Are you looking at the 08 Nov 07 close and the 11 Nov 07 open gap?

Gap at 1.9145. Not all fill but I am seeing a good long on this theat could fill it.


As far as ameritrani goes your story has become tiresome. Ignore button for you.
  • #84,411
  • Aug 27, 2008 2:27pm Aug 27, 2008 2:27pm
Quoting steelhead
Gap at 1.9145. Not all fill but I am seeing a good long on this theat could fill it.


As far as ameritrani goes your story has become tiresome. Ignore button for you.
The last time we saw 1.9145 was on 10 Aug 08 which closed at 1.9112. I don't see the gap.
Just digging in the trenches like everyone else!
  • #84,412
  • Aug 27, 2008 2:28pm Aug 27, 2008 2:28pm
Quoting AmeriTrini
How you doing bro? Things starting to calm down for you?
Just digging in the trenches like everyone else!
  • #84,413
  • Aug 27, 2008 2:35pm Aug 27, 2008 2:35pm
Quoting eohater
How you doing bro? Things starting to calm down for you?

Hey!! not really trading these days, the fall semester recently started and I'm just way too busy at the moment. However, I will resume trading from this coming monday and be posting my calls........LIVE!!! how are things with you??

p.s.- I see this sucker going down till bout 1.8100.........
  • #84,414
  • Aug 27, 2008 2:43pm Aug 27, 2008 2:43pm
Quoting AmeriTrini
Hey!! not really trading these days, the fall semester recently started and I'm just way too busy at the moment. However, I will resume trading from this coming monday and be posting my calls........LIVE!!! how are things with you??

p.s.- I see this sucker going down till bout 1.8100.........
Things are good! Slow at work so more time to trade. Unfortunatley, I'd rather be busy at work to keep myself away from the charts some.

I see the 1.81, then 1.78, then 1.71.

Looking forward to your calls, I'll be following your thread!
Just digging in the trenches like everyone else!
  • #84,415
  • Aug 27, 2008 2:51pm Aug 27, 2008 2:51pm
Quoting eohater

I see the 1.81, then 1.78, then 1.71.

Looking forward to your calls, I'll be following your thread!

  • #84,416
  • Aug 27, 2008 2:55pm Aug 27, 2008 2:55pm
Quoting AmeriTrini
Here's my only fundamental analysis (coming from a technical trader). US is in election year, $ strength has always led into the election and post election for about 6 months.
Just digging in the trenches like everyone else!
  • #84,417
  • Aug 27, 2008 2:59pm Aug 27, 2008 2:59pm
Quoting eohater
Things are good! Slow at work so more time to trade. Unfortunatley, I'd rather be busy at work to keep myself away from the charts some.

I see the 1.81, then 1.78, then 1.71.

Looking forward to your calls, I'll be following your thread!
no diverence on weekly....so i cant see trend reversing for a next week at least..uptp 1.86 and fall to 1.7.....that would be fantastic..then after im stalking the trend...

oh sh*t there dverence on 30 minutes...might break the bottom...
  • #84,418
  • Aug 27, 2008 3:31pm Aug 27, 2008 3:31pm
If I go long is just for scalping 20 - 30 pips and wait for the fall again.
Chart bellow is some of my analisys about how low it could go for the next 8 to 12 hours.
Attached Image (click to enlarge)
Click to Enlarge Name: (Carrera) gbp-usd 8-27-2008 AB=CD.png Size: 59 KB
  • #84,419
  • Aug 27, 2008 3:50pm Aug 27, 2008 3:50pm
First road down to support area now... Target 1,8000
Attached Image (click to enlarge)
Click to Enlarge Name: downdown.jpg Size: 92 KB
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #84,420
  • Aug 27, 2008 5:29pm Aug 27, 2008 5:29pm
Originally Posted by Rustyyy http://www.forexfactory.com/images/buttons/viewpost.gif
Tomorrow my friend is a reversal day.

Every Thursday before US Labor Day weekend for the last 11 years has been a DOWN day for US equities and USD.

It will be on tomorrow for sure!!!!

very interesting!.
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