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Cable Update (GBPUSD)

  • #86,141
  • Edited 1:09pm Sep 5, 2008 12:44pm | Edited 1:09pm
Hi Eo,
Glad I'm not loosin it, I thought it was this thread.

I have just looked for a while but this thread is sooooooooo BIG it makes the job very difficult.

Doesn't matter.

Thx Chaps.

Enjoy your weekend.
  • #86,142
  • Sep 5, 2008 12:51pm Sep 5, 2008 12:51pm
Quoting BentRod
Hi Eco,
Glad I'm not loosin it, I thought it was this thread.

I have just looked for a while but this thread is sooooooooo BIG it makes the job very difficult.

Doesn't matter.

Thx Chaps.

Enjoy your weekend.
http://www.forexfactory.com/showthre...58872&page=759
I saw rockets on this thread. Try the link
  • #86,143
  • Sep 5, 2008 12:53pm Sep 5, 2008 12:53pm
perhaps i am a bit crabby just now as i am 32k down on the purchase price of my U.S. shares - and that's in a few months...

These shares are all DOW components, they are all rated 5 star buys by s &p and average a predicted 12 month target by s & p of 50% to 90% higher than where they are right now...

That being the case I am hopeful that in a couple of years they will be up 25% on the purchase price

In the meantime I will have to feed myself by getting better with forex

Many days, my version of capital preservation is selling out at my entry point ! Other times i do ok but not too big - and the days of big losses dont happen any more.

Thats ok but it it doesn't move me forward

I think there will be a lull or retracement before sterling gets going down again. We have a clear trend so it would be wrong to ignore it and assume that it's just moving up and down randomly

The 2005 point of around 1.74 ish is interesting but the power behind this collapse could shoot this down to 1.60 easily i reckon

I got married in Wisconsin in November 2005 when all this started so perhaps it was that event which collapsed the dollar which is only just now recovering from the shock. Luckily, we moved to the Uk first and I converted my wad to USD at 2.00+ during the last 12 months and not 1.74 - phew !
  • #86,144
  • Sep 5, 2008 12:57pm Sep 5, 2008 12:57pm
Quote
I saw rockets on this thread. Try the link

Gday Dj4x,
no that is not it, thanks for the link though..haha...nice set of .......
  • #86,145
  • Edited 1:05pm Sep 5, 2008 1:04pm | Edited 1:05pm
Dj,
Many thanks, you found the right thread.

I thought it was this one(cable).

I should have known it wasn't this thread when Nav said he hadn't seen it.

Anyway, thanks alot, I want to post it on another forum.

Cheers Chaps.


http://www.forexfactory.com/showpost...ostcount=11227
  • #86,146
  • Sep 5, 2008 1:05pm Sep 5, 2008 1:05pm
Quoting BentRod
Gday Dj4x,
no that is not it, thanks for the link though..haha...nice set of .......
I think mico posted the rocket going down. I had seen it once before where it was posted going up.
Just digging in the trenches like everyone else!
  • #86,147
  • Sep 5, 2008 1:06pm Sep 5, 2008 1:06pm
Quoting BentRod
Dj,
Many thanks, you found the right thread.

I thought it was this one(cable).

I should have known it wasn't this thread when Nav said he hadn't seen it.

Anyway, thanks alot, I want to post it on another forum.

Cheers Chaps.
  • #86,148
  • Sep 5, 2008 1:08pm Sep 5, 2008 1:08pm
Now I'm just playing around. Took a long at 1.7638. We'll see how it goes. Not looking for much just something to do.
Just digging in the trenches like everyone else!
  • #86,149
  • Sep 5, 2008 1:09pm Sep 5, 2008 1:09pm
Quoting achnaide
ok i'll tell the truth! I lost 110 pips on 3 trades. Losses is one of the trading attributes and you cannot trade without losses. The big issue is to control your losses and cut them when need it.

P.S. i am eur/usd short from 4507.. so im getting it back, and thinking to leave it through the weekend
correct..the important thing, how we manage our lost..dont give up!!!..
  • #86,150
  • Sep 5, 2008 1:11pm Sep 5, 2008 1:11pm
Quoting eohater
Now I'm just playing around. Took a long at 1.7638. We'll see how it goes. Not looking for much just something to do.
Right. gotta go put my kids to bed. They driving me nuts. At least I will have some quiet for the next ten hours. Cya
  • #86,151
  • Sep 5, 2008 1:13pm Sep 5, 2008 1:13pm
Seeya mate, have a good one.

I'm off too since the market is fluffing about.

Oo Roo

BR.
  • #86,152
  • Sep 5, 2008 1:15pm Sep 5, 2008 1:15pm
Quoting eohater
Now I'm just playing around. Took a long at 1.7638. We'll see how it goes. Not looking for much just something to do.
I see shampoo forming on m15
Patience + Discipline - Greed = Success
  • #86,153
  • Sep 5, 2008 1:19pm Sep 5, 2008 1:19pm
Quoting Infinity
I see shampoo forming on m15
Shit! I better go wash my hair out! It sure does look like it once you shrink it.

I'm leaving it open with a SL at 1.7630 and TP at 1.7650.

Have you looked at the daily?
Just digging in the trenches like everyone else!
  • #86,154
  • Sep 5, 2008 1:22pm Sep 5, 2008 1:22pm
Quoting eohater
Shit! I better go wash my hair out! It sure does look like it once you shrink it.

I'm leaving it open with a SL at 1.7630 and TP at 1.7650.

Have you looked at the daily?
The daily, if it closes like this, is still bearish IMHO. Also, I think if the weekly closes below the 365sma, trend will continue next week.
Patience + Discipline - Greed = Success
  • #86,155
  • Sep 5, 2008 1:32pm Sep 5, 2008 1:32pm
Quoting allserene
What a hoot - every friday there is a string of people posting and saying what great money they made and have a nice weekend and all that crap like they do it every week and they are so cool and skilled and they are off to buy a new sport car with their winnings or fly to the south of france in their lear jet

i did ok this week but thats all and i am not making much progress really

hope that is some consolation to people who live in the real world and dont need to fantasize

lets face - anyone who has this process down to an exact science would not be posting on here - they would be flying their helicopter or whatever so for most of these friday gloaters its a lucky streak

every friday we get these posts and its nauseating


ok back to the chocolate


So true is that post. Another thing most will come in here now and say they had longs in from the beggening. that they knew it was going to go up the whole time.

I have cutt down on my postings cause it really is a joke. I still like to read it all, but its a waiste of time to actually listen to the terd that gets dumped in here everyday.


That being said It was a nice profitable trade on the longside since yesterday. 1.7550 was a great area.
  • #86,156
  • Sep 5, 2008 1:32pm Sep 5, 2008 1:32pm
Quoting Infinity
The daily, if it closes like this, is still bearish IMHO. Also, I think if the weekly closes below the 365sma, trend will continue next week.
It's only taken me a month to accept $ strength !
Just digging in the trenches like everyone else!
  • #86,157
  • Sep 5, 2008 1:34pm Sep 5, 2008 1:34pm
Quoting steelhead
So true is that post. Another thing most will come in here now and say they had longs in from the beggening. that they knew it was going to go up the whole time.

I have cutt down on my postings cause it really is a joke. I still like to read it all, but its a waiste of time to actually listen to the terd that gets dumped in here everyday.


That being said It was a nice profitable trade on the longside since yesterday. 1.7550 was a great area.
Good job our resident counter trend trader!
Just digging in the trenches like everyone else!
  • #86,158
  • Sep 5, 2008 1:34pm Sep 5, 2008 1:34pm
Quoting eohater
It's only taken me a month to accept $ strength !

at least u accepted it ...im still in shock..
  • #86,159
  • Sep 5, 2008 1:36pm Sep 5, 2008 1:36pm
Quoting nAVIN2007
at least u accepted it ...im still in shock..

I'm starting to think you guys across the pond are all sinking and rowing around in boats with one oar.
Just digging in the trenches like everyone else!
  • #86,160
  • Sep 5, 2008 1:38pm Sep 5, 2008 1:38pm
Quoting eohater
It's only taken me a month to accept $ strength !
Some people are still in denial....

Quoting steelhead
So true is that post. Another thing most will come in here now and say they had longs in from the beggening. that they knew it was going to go up the whole time.

I have cutt down on my postings cause it really is a joke. I still like to read it all, but its a waiste of time to actually listen to the terd that gets dumped in here everyday.


That being said It was a nice profitable trade on the longside since yesterday. 1.7550 was a great area.
Patience + Discipline - Greed = Success
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