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Cable Update (GBPUSD)

  • #96,001
  • Nov 6, 2008 8:20am Nov 6, 2008 8:20am
Quoting Infinity
Very unusual shit....
I thought cable would plunge like no tomorrow but it went down and then bounced back hard.. I didn't get it lol

But this big cut should be bad for the pound in the coming weeks, unless there's something I don't know.
Trade what you see, not what you think.
  • #96,002
  • Nov 6, 2008 8:22am Nov 6, 2008 8:22am
I see shampoo on h1 and m15
Patience + Discipline - Greed = Success
  • #96,003
  • Nov 6, 2008 8:24am Nov 6, 2008 8:24am
Quoting Infinity
I see shampoo on h1 and m15
is conditioner also available?
Trade what you see, not what you think.
  • #96,004
  • Nov 6, 2008 8:24am Nov 6, 2008 8:24am
Quoting \"expert\"
And i made short call from DP and targeting 1 hr gann and 5830 pivot line.
closed at 5840.100 pipsno more no less
i closed we might be in range on 15.when parabolic start bearish i think i night go short again.But first to see will it make retrace.
  • #96,005
  • Nov 6, 2008 8:25am Nov 6, 2008 8:25am
And went short 1.5909, hit locked in + 50 pips !
Attached Image (click to enlarge)
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I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #96,006
  • Edited 8:36am Nov 6, 2008 8:25am | Edited 8:36am
hi traders :

AL alhamdulillah (thank god)


i forecast hours ago the continuation of down trend of both and as usual too a minor retrace to the up happened first due to the news and then price continue his down trend.
and as you see in my charts more breakouts confirm my view.
influenced by long term weakness of cable+euro against $.
i forecast more bearish activity coming.

& i want you my fellow traders to take care of fundamental as you take care of Technicals :

and to be clear to you
all the buyers and the sellers are here in those threads and you know the forex basic rule
only 20% win and the other 80% loss
so try to figure it out by your mind

if you find most posts talk about retrace that will may happen you will find the price is going down, and if you find most posts talk about the continuation of down trend you will find price is going up .
they call this trick (news).

so trade well and have fun.
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  • #96,007
  • Nov 6, 2008 8:27am Nov 6, 2008 8:27am
Quoting karmostaji
I thought cable would plunge like no tomorrow but it went down and then bounced back hard.. I didn't get it lol

But this big cut should be bad for the pound in the coming weeks, unless there's something I don't know.
Yeah... I didn't expect to see it bounce so hard down there.... I'm only scalping here and there until the direction is clear...
Patience + Discipline - Greed = Success
  • #96,008
  • Nov 6, 2008 8:29am Nov 6, 2008 8:29am
That dam triangle start to be annoying.....
  • #96,009
  • Nov 6, 2008 8:29am Nov 6, 2008 8:29am
we need to break blue line on 1 hr or on 4h.Untill then we are in range.When ever i touched that line i will go oposit.Small risk and if we are in range we will test other blue line then
Attached Image(s) (click to enlarge)
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  • #96,010
  • Nov 6, 2008 8:30am Nov 6, 2008 8:30am
Quoting Inzider
That dam triangle start to be annoying.....
Take 2 patience pills
Trade what you see, not what you think.
  • #96,011
  • Nov 6, 2008 8:30am Nov 6, 2008 8:30am
Quoting karmostaji
is conditioner also available?
Yes .... with colour care too!!
http://beaut.ie/blog/wp-content/uplo...dshoulders.png
Patience + Discipline - Greed = Success
  • #96,012
  • Nov 6, 2008 8:33am Nov 6, 2008 8:33am
5890 would be nice for me now.
  • #96,013
  • Nov 6, 2008 8:34am Nov 6, 2008 8:34am
Quoting karmostaji
I thought cable would plunge like no tomorrow but it went down and then bounced back hard.. I didn't get it lol

But this big cut should be bad for the pound in the coming weeks, unless there's something I don't know.

Weird it is. I woke up around 7, and I looked at the charts, and said I aint trading this bullshit, and I went back to sleep. Im glad I did or I'm sure I would have been caught in that spike"fakethefuckout", and would've been pissed off. On the plus side, I got some sleep!
  • #96,014
  • Nov 6, 2008 8:34am Nov 6, 2008 8:34am
Quoting karmostaji
Take 2 patience pills
Thx for the tips Doctor!

Command per PM only!

http://farm3.static.flickr.com/2109/...04d521.jpg?v=0
  • #96,015
  • Nov 6, 2008 8:35am Nov 6, 2008 8:35am
Quoting karmostaji
I thought cable would plunge like no tomorrow but it went down and then bounced back hard.. I didn't get it lol

But this big cut should be bad for the pound in the coming weeks, unless there's something I don't know.

tell me abt it
  • #96,016
  • Nov 6, 2008 8:36am Nov 6, 2008 8:36am
Cable will end up going up screwing everyone ahahaha
Trade what you see, not what you think.
  • #96,017
  • Nov 6, 2008 8:38am Nov 6, 2008 8:38am
Oh man this getting better and better.Sculping,trending ranging,i can do it man

closed at 5925 just in case.
  • #96,018
  • Nov 6, 2008 8:39am Nov 6, 2008 8:39am
Quoting \"expert\"
Oh man this getting better and better.Sculping,trending ranging,i can do it man

closed at 5925 just in case.
stay humble or the market will bite your ass
Trade what you see, not what you think.
  • #96,019
  • Nov 6, 2008 8:39am Nov 6, 2008 8:39am
Karmo how is GBPJPY doing.You are killing it write?
  • #96,020
  • Nov 6, 2008 8:43am Nov 6, 2008 8:43am
Quoting karmostaji
stay humble or the market will bite your ass
Oh man i know for that.I am litle bored so i amfooling arround.Good MM end it is ok.I have to lost fro mtime to time.I made good pips today so i can play with some.

This could go up for sure.Flat from now.

Any way i will short again at DP small SL.
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