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Cable Update (GBPUSD)

  • #84,981
  • Aug 29, 2008 12:11pm Aug 29, 2008 12:11pm
Quoting nAVIN2007
yeah i know what u mean i took a chance to go long right where hardsteall thought was a bottom it even broke the wedge when i went long...i know i should go against the trend ....but for F*ck sake...when ever i do something its like it amplifies the opposite reaction...i feel like god upstairs dont want me to trade..i just cant believe it ...
i hear ya
When life gives you lemons, make lemonade
  • #84,982
  • Aug 29, 2008 12:12pm Aug 29, 2008 12:12pm
Quoting steelhead
Local I got stopped out at break even. Being friday when I got up 25 pips put stop at entry and got stopped out.

Its friday so i didnt want to mess with it to much. Ameritrini is all about hate.

I don't have to prove anything to people like that. Again read the posts that were posted long before cable went up everytime.

I will look for another entry when market opens.
nope he isnt .one of the nicest guys on here....he just doesnt agree with yur method for counter-trend which i have to say is blind trading it really is ...u had no confirmation of longing except think we might retrace...it isnt the way to play this game

i know im one to talk....RIGHT! from today im not ever going against the trend ..i had it!!

jamie its not a good idea to post less bro....i have learnt a bucket load from u .....as im sure so have others..
  • #84,983
  • Aug 29, 2008 12:15pm Aug 29, 2008 12:15pm
Quoting achnaide
i like this trend
this is a trend where you will not a retracement to have a chance to short and in case your mind made the mistake and decided to long you could say bye bye to your account
When life gives you lemons, make lemonade
  • #84,984
  • Aug 29, 2008 12:19pm Aug 29, 2008 12:19pm
Quoting steelhead
Local I got stopped out at break even. Being friday when I got up 25 pips put stop at entry and got stopped out.

Its friday so i didnt want to mess with it to much. Ameritrini is all about hate.

I don't have to prove anything to people like that. Again read the posts that were posted long before cable went up everytime.

I will look for another entry when market opens.
prob best thing to do, this thing going lower thou in my view, perhaps bounce next month (pure dead cat) then w\y down to 17600 area, ucan play it long if u catch bottoms risky strategy but hey whatever works 4u, every 4hr close down strong has been countered up - not dening there is opp there but i prefer the short instead,

anyway guys have a good weekend and good next month!

happy trading, pips to all
Trading is 80% Emotional, 20% Technical
  • #84,985
  • Aug 29, 2008 12:19pm Aug 29, 2008 12:19pm
Quoting micho
this is a trend where you will not a retracement to have a chance to short and in case your mind made the mistake and decided to long you could say bye bye to your account

yeah absolutely i went long and thought it will retrace here the wedge held so far....it was just waiting for me to enter and bam!!! finished me off again....and dont dare try and hold...im in enough crap already....
  • #84,986
  • Aug 29, 2008 12:19pm Aug 29, 2008 12:19pm
Quoting AmeriTrini
seems that this website is becoming more and more littered with TRASH, I found a much better one and as a result will hardly post here anymore.
__________________
OBAMA '08.........for a BETTER AMERICA!!
It is OK...Politics is not also for this website as well....Presidential campaign are for somewhere else....Just forex here...
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  • #84,987
  • Aug 29, 2008 12:19pm Aug 29, 2008 12:19pm
Quoting nAVIN2007
nope he isnt .one of the nicest guys on here....he just doesnt agree with yur method for counter-trend which i have to say is blind trading it really is ...u had no confirmation of longing except think we might retrace...it isnt the way to play this game

i know im one to talk....RIGHT! from today im not ever going against the trend ..i had it!!

Navin I had lots of confirmation of what i was doing. just because you don't understand it doesnt mean i didnt have it.

I promise Navin I know how to play this game. I have been at it for a long time.

I trade both trend trades and counter trend trades, but I still think this is a reversal. time will tell.
  • #84,988
  • Aug 29, 2008 12:20pm Aug 29, 2008 12:20pm
Quoting Infinity
Yo......
I made it through the storm.....

That was some scary shit but all is good. I had a short order at 9350 that was missed but I still got about 80 short pips this morning. I have some cleaning up to do so I'm done trading for today..Happy pippin to all and enjoy your weekend...

Be safe...
wow sh@t, close call there my friend! was thinking to holiday to Virgin islands but that off the cards until storm blows over,

gud luck and happpy trading
Trading is 80% Emotional, 20% Technical
  • #84,989
  • Aug 29, 2008 12:34pm Aug 29, 2008 12:34pm
Quoting steelhead
...
I trade both trend trades and counter trend trades, but I still think this is a reversal. time will tell.
Lower highs and lower lows still in play. The trend is down, no reversal yet!
Just digging in the trenches like everyone else!
  • #84,990
  • Aug 29, 2008 12:35pm Aug 29, 2008 12:35pm
Quoting steelhead
Navin I had lots of confirmation of what i was doing. just because you don't understand it doesnt mean i didnt have it.

I promise Navin I know how to play this game. I have been at it for a long time.

I trade both trend trades and counter trend trades, but I still think this is a reversal. time will tell.

Sorry did mean it to sound like yur to blame just i could help myself.i really did think it will boune kinda had a double bottom on small time frame...just all week it obeyed the wedge i long when it hit the line and it breaks out!!! ..oh well maybe now i listen to my boye! fxlocal and write some rules and enter only when those rules are met.....

good weekend all......
  • #84,991
  • Aug 29, 2008 12:41pm Aug 29, 2008 12:41pm
Quoting Qu|cksilver
I see that cable will break 1.8100
weekly support is at 1.8065
Let see if cable can hit my target today before market close.
"Invest With The Insiders, Not The Masses" George Muzea
  • #84,992
  • Aug 29, 2008 12:42pm Aug 29, 2008 12:42pm
closed last 2 short positions at 195 for plus 127 and plus 139 pips total profit for last night and this morning = 343 pips
see you all I will be back on sunday for the gap trade
  • #84,993
  • Aug 29, 2008 12:44pm Aug 29, 2008 12:44pm
Quoting Qu|cksilver
Let see if cable can hit my target today before market close.
That would be a hell of an afternoon move on a Friday! Stranger things have happened though.
Just digging in the trenches like everyone else!
  • #84,994
  • Aug 29, 2008 12:44pm Aug 29, 2008 12:44pm
i think we are about to have a reversalanyone with any idea.i am still short
  • #84,995
  • Aug 29, 2008 12:46pm Aug 29, 2008 12:46pm
Quoting oolides
i think we are about to have a reversalanyone with any idea.i am still short
Talk to Steelhead. He's been calling a reversal for the last 5 days and we keep going lower.
Just digging in the trenches like everyone else!
  • #84,996
  • Aug 29, 2008 12:47pm Aug 29, 2008 12:47pm
oolides and quick I am pretty sure this will go sideways for the rest of the day may as well close and go to the beach, I am.
  • #84,997
  • Aug 29, 2008 12:50pm Aug 29, 2008 12:50pm
Quoting mr.leahy
oolides and quick I am pretty sure this will go sideways for the rest of the day may as well close and go to the beach, I am.
are you sure?
let's see what happen in next hour.
"Invest With The Insiders, Not The Masses" George Muzea
  • #84,998
  • Aug 29, 2008 12:56pm Aug 29, 2008 12:56pm
Quoting Qu|cksilver
are you sure?
let's see what happen in next hour.

for today I do not want to lose my profit,

but if I played I would be short now
euro should push south so cable
Jesus Christ is my only Lord !
  • #84,999
  • Aug 29, 2008 12:56pm Aug 29, 2008 12:56pm
quick I obviously cant be sure but I am fairly confident that +150 pips or so = profit and beach lol. U sold up at 325 or so when i did if I recall, no?
  • #85,000
  • Aug 29, 2008 12:56pm Aug 29, 2008 12:56pm
Quoting Qu|cksilver
are you sure?
let's see what happen in next hour.
to me gu need to retrace first before continue south pole....
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