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Cable Update (GBPUSD)

  • #92,781
  • Oct 21, 2008 6:54am Oct 21, 2008 6:54am
to take loses as a cost of our activity

and not less important is the ability to behave like a grown up man

in spite of all the difficulties we face

forex is great to learn both
Jesus Christ is my only Lord !
  • #92,782
  • Oct 21, 2008 6:55am Oct 21, 2008 6:55am
bro, sorry to interrupt...
last time they said it, the price was moving down, so they're not wrong...
and this is a forum, everyone is not responsible if the others do what they say... cause they got nothing if we get the bucks, and so they don't deserve to pay for any failure too
just my 2 cents...
keep your own trading system... cause i think even you're always got the retracement and succeed in getting some bucks from it... so stay stick to it... don't listen to others
*i'm just a newbie, sorry if any of everything that i said is wrong*

Quoting Forbes55
I always remeber all and forever!
and you said - SHORTED (many times besides) and I said - DON't DO IT
and now I consider you seee your fault
Money management is good for your health...
  • #92,783
  • Oct 21, 2008 6:59am Oct 21, 2008 6:59am
Forbes55 U're so funny. Keep your own strategy
  • #92,784
  • Oct 21, 2008 6:59am Oct 21, 2008 6:59am
Guys if you have some chart please post it if you have some strategy please tell it.But don't just tell long or short and do it on demo.No point then.Why somebody going long or short?That is the point.No point writing if trading on demo and many heare do that.So many post here and so many people watching this post.Look EUR/USD much more people looking and so much small posts.heare so small number of good post from which we can all learn something. To bad.i was writing once about this,now same thing.

Shame on you guys50% of this pages can go to junk.
  • #92,785
  • Oct 21, 2008 7:04am Oct 21, 2008 7:04am
New 1 hr candle get retrace to 6995 area or little more as i see and them more down because of new 4 hr candle which looks bearish to me.let see this momentum analasys
  • #92,786
  • Oct 21, 2008 7:05am Oct 21, 2008 7:05am
I broke my system rule, now under screw - 44 pips coze long from 1.7025 without a clue on M1 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #92,787
  • Oct 21, 2008 7:06am Oct 21, 2008 7:06am
my strategy is based on william's theory of chaos...
if 1 hr candle close above 1.6998, then it's long for me...
20 pips TP...
any other suggestions?

Quoting \"expert\"
Guys if you have some chart please post it if you have some strategy please tell it.But don't just tell long or short and do it on demo.No point then.Why somebody going long or short?That is the point.No point writing if trading on demo and many heare do that.So many post here and so many people watching this post.Look EUR/USD much more people looking and so much small posts.heare so small number of good post from which we can all learn something. To bad.i was writing once about this,now same thing.

Shame on you guys50% of this pages can go to junk.
Money management is good for your health...
  • #92,788
  • Oct 21, 2008 7:08am Oct 21, 2008 7:08am
hey angry guys, I make another Hell's hill level long from 1.6969 (great number) +160$ more
But damn it I missed again another 10 pip profit till level 1.6998!
Learn how to make bucks, not cents!
ROBOT FOREX
  • #92,789
  • Oct 21, 2008 7:10am Oct 21, 2008 7:10am
I'm short from 720, and I'm still looking for more downward movement, but I have a tight stop, because I'm not ruling out the chance of a retrace.

On the 1h chart the 144 EMA is soon to cross below the 200 SMA, possibly signifying the continuation of a medium term downtrend.
  • #92,790
  • Oct 21, 2008 7:13am Oct 21, 2008 7:13am
I dont put my whole life on this analysis i get from this guys but i look and it and ask myself "does it make sense'?... You can look at it and see if you can make any thing from it. Hoping thid one wont go to the junk


here is it...

GBP-USD @ 1.6979/82... Could slip towards 1.6550
----------------------------------------------R: 1.7075-100 / 1.7200 / 1.7250-70 / 1.7300
S: 1.7000 / 1.6960 / 1.6900 / 1.6850-40
Resistance at 1.72 has resulted in a sharp dip during the day. The pair then saw a bounce back towards 1.71. Fresh selling there has once again resulted in a dip towards 1.7030 thereafter.

The day ahead now is expeted to see choppy trading and the pair could remain pressured to slip further towards 1.6842, the Max Low for the day and further lower this week owing to the market expectation for a negative GDP number, scheduled to release on Friday.

The pair could target 1.6550 in the medium term provided a close below 1.70 is seen today.
  • #92,791
  • Oct 21, 2008 7:13am Oct 21, 2008 7:13am
Up cable up !!!!!
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #92,792
  • Oct 21, 2008 7:14am Oct 21, 2008 7:14am
Let's say something like this, if you were the one who are trying to share out your charts. Then ppl saying you are giving out wrong signals, will you happy.

Plz do not misunderstood the meaning of a forum, forum is made to be share. Trade what you see on your charts but not others signal.

When I posting up my charts here, my aim is juz to share my view, and remind ppl about the posibilities of there is another Trendline, channel, support/resistance.

The same when I'm reading here, I was trying to see is it I miss out any strong SUpport resistance.

Algidas might have call for a false signal, but I seldom trade his signal, what i Love is his channel, see where is the support resistance from his chart, and see what I does miss out.

Wish the discussion stop here. Better go bak to EU.
  • #92,793
  • Oct 21, 2008 7:15am Oct 21, 2008 7:15am
That 6995-7000 area is still holding but will keep my long because now and 4 hr candle have neutral momentum so maybe retrace to 7040-7060 area:SL to BE.

Hope we will go above 7030 first.
  • #92,794
  • Oct 21, 2008 7:16am Oct 21, 2008 7:16am
Quoting manize
Up cable up !!!!!
no, I wanna make another hell's long 1.6969
ROBOT FOREX
  • #92,795
  • Oct 21, 2008 7:18am Oct 21, 2008 7:18am
I exited my short bcoz it is near to the pink dotted line. DOne for tonight. Now finding next point for me to short. Guess it is hard....

Btw, every ppl got different way / system to trade, so no point telling ppl how much you're wrong and so on. We might trade different TF. No point yelling ppl to stop shorting or longing. I post my charts and tat's all, trade what you see, not what I see.
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  • #92,796
  • Oct 21, 2008 7:18am Oct 21, 2008 7:18am
Quoting manize
Up cable up !!!!!
Thanks God, closed + 1pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #92,797
  • Oct 21, 2008 7:20am Oct 21, 2008 7:20am
Quoting \"expert\"
That 6995-7000 area is still holding but will keep my long because now and 4 hr candle have neutral momentum so maybe retrace to 7040-7060 area:SL to BE.

Hope we will go above 7030 first.
Bounce from 7030 for now
  • #92,798
  • Oct 21, 2008 7:23am Oct 21, 2008 7:23am
closed 40 pips that last long.,Now waiting to gann flips again for short or to go over 7030 area which is my resistance for now.
  • #92,799
  • Oct 21, 2008 7:35am Oct 21, 2008 7:35am
@6951
if it breaks down
Jesus Christ is my only Lord !
  • #92,800
  • Oct 21, 2008 7:40am Oct 21, 2008 7:40am
damn I missed my hill long from level 1.6969 just now, that's incredible I missed it
ROBOT FOREX
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