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Cable Update (GBPUSD)

  • #96,221
  • Nov 7, 2008 5:08am Nov 7, 2008 5:08am
Quoting ezmystic
oh, I think I should have held my nerve, looks like it's trying to push down, but it's Friday and I am concerned about NFP
You have mentioned a 62 ema in one of Your posts
it is touching it now on 1H chart
Attached Image (click to enlarge)
Click to Enlarge Name: 62 ema.gif Size: 15 KB
Jesus Christ is my only Lord !
  • #96,222
  • Nov 7, 2008 5:12am Nov 7, 2008 5:12am
Quoting spintrader
I wouldn't be so sure, I think even a severely negative figure, say -300k, could positively effect the dollar.
I wouldn't be suprised if we see similar reaction to yesterday with big swings in both directions.
It seems the market has been anticipating the poor result all morning, and nobody expects it to be good. So it might be a case of buy the rumour sell the news.
I'm gonna stay out of that one, don't want to have huge swings and bust all my pips.
please DON'T copy my trades I am still learning
  • #96,223
  • Nov 7, 2008 5:13am Nov 7, 2008 5:13am
Quoting alcando
Nav, think of it this way, as long as you have your money in the uk you have bought it just isn't leveraged. If this girl rises you are making money whatever happens. If I were a gambling man, I would take a long term long now...
yes...i would as well...thats why i like this micro account theres a lot options i can trade from 0.01 to 8 lots...so i can actually really mange my risk whereas b4 i only could go as low as 0.1 and in this market even that is high risk when u nly have 1.7k in the account

if i ever thought this was going up .id have to say this trade for buy is looking might good
  • #96,224
  • Nov 7, 2008 5:16am Nov 7, 2008 5:16am
Quoting nAVIN2007
actually i have the account already open but its not funded yet..i close odl secruities yesterday and there doing a wire transfer.....any idea how long that will take
also...when u close the account to do the wire transfer bank to yur account do they deduct tax or charge fees? ...i have no idea i didnt look into anything i just did it
I think 3-5 working days, depends on where your securities are held , ie in UK or US or something, no idea about charges or taxes. Wouldn't taxes normally be paid at end of year in your tax return?
please DON'T copy my trades I am still learning
  • #96,225
  • Nov 7, 2008 5:19am Nov 7, 2008 5:19am
Quoting ezmystic
I think 3-5 working days, depends on where your securities are held , ie in UK or US or something, no idea about charges or taxes. Wouldn't taxes normally be paid at end of year in your tax return?
that would make sense...i didnt make anything only lost.......lol so how can i pay tax..i aint paying for shit... unless u pay tax on every win but thats stupid
  • #96,226
  • Nov 7, 2008 5:20am Nov 7, 2008 5:20am
Quoting ezmystic
I'm gonna stay out of that one, don't want to have huge swings and bust all my pips.
good shout.

Can I ask anyone who is recommending longs, i think it was alcando who said that he'd put his money on a longterm long right now, what evidence do you have for the downtrend being over? have you got a chart so I can understand your theory better?
  • #96,227
  • Nov 7, 2008 5:23am Nov 7, 2008 5:23am
Quoting hipcio
You have mentioned a 62 ema in one of Your posts
it is touching it now on 1H chart
yes it keeps buncing offit, if i were more brave i'd short each time it hit. its hard to type now with baby on my cest needin burping, also harder to trade, onoy got one hand!!
please DON'T copy my trades I am still learning
  • #96,228
  • Nov 7, 2008 5:28am Nov 7, 2008 5:28am
Quoting ezmystic
yes it keeps buncing offit, if i were more brave i'd short each time it hit. its hard to type now with baby on my cest needin burping, also harder to trade, onoy got one hand!!
It is great - Your baby helps You to keep distance,

family always first!
Jesus Christ is my only Lord !
  • #96,229
  • Nov 7, 2008 5:30am Nov 7, 2008 5:30am
Quoting hipcio
family always first!
hehe it reminds me of the user who has as his signature, "Trend is my GirlFriend"
  • #96,230
  • Nov 7, 2008 5:30am Nov 7, 2008 5:30am
Quoting hipcio
I am back again
I was wrong with my theory saying that it will go down at that time - but it is great You protect your acc.
oh yeah forgot to say, it's very good idea to lock in profits as soon as you can with still bit of breathing room ie bout 30 pips for me. cos you can't lose then, and if made good entry will fly into profit. i recommend it to all traders.
please DON'T copy my trades I am still learning
  • #96,231
  • Nov 7, 2008 5:34am Nov 7, 2008 5:34am
15750 i see as support it shouldnt pass this..lets see what happens
  • #96,232
  • Nov 7, 2008 5:38am Nov 7, 2008 5:38am
Quoting nAVIN2007
that would make sense...i didnt make anything only lost.......lol so how can i pay tax..i aint paying for shit... unless u pay tax on every win but thats stupid
depends on what securities etc, if make loss on shares for example i think you can deduct loss from tax bill, but if in spread bet account not as is classed as betting
please DON'T copy my trades I am still learning
  • #96,233
  • Nov 7, 2008 5:40am Nov 7, 2008 5:40am
Quoting ezmystic
depends on what securities etc, if make loss on shares for example i think you can deduct loss from tax bill, but if in spread bet account not as is classed as betting

i only traded cable nothing else
  • #96,234
  • Nov 7, 2008 5:49am Nov 7, 2008 5:49am
Could have confirmation?
Quoting Infinity
There is a shampoo inside a shampoo on there.....
Attached Image (click to enlarge)
Click to Enlarge Name: hourley h+s.gif Size: 32 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #96,235
  • Nov 7, 2008 5:56am Nov 7, 2008 5:56am
Hi all .Just enter short with SL at BE+1.Hope to test 23 fib.For that we need to slose below 15m blue line and to break 5720 area.If not and get signal for long on 5 m this is nice deep to buy.

see ya
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable 15m.gif Size: 27 KB
Click to Enlarge Name: cable 1 hr.gif Size: 30 KB
  • #96,236
  • Nov 7, 2008 5:57am Nov 7, 2008 5:57am
Quoting Bones
Could have confirmation?
what time frames is that buddy?

my 4hr got this
Attached Image (click to enlarge)
Click to Enlarge Name: bulldog.com.jpg Size: 115 KB
  • #96,237
  • Nov 7, 2008 6:03am Nov 7, 2008 6:03am
Alright Nav
That was a 1 hour chart,heres my 4 hour.

Quoting nAVIN2007
what time frames is that buddy?

my 4hr got this
Attached Image (click to enlarge)
Click to Enlarge Name: 4 hour,h+s.gif Size: 27 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #96,238
  • Nov 7, 2008 6:09am Nov 7, 2008 6:09am
Quoting Bones
Alright Nav
That was a 1 hour chart,heres my 4 hour.
my feed sucks....kinda paints a different picture..this is not good
  • #96,239
  • Nov 7, 2008 6:10am Nov 7, 2008 6:10am
Quoting hipcio
It is great - Your baby helps You to keep distance,

family always first!
you are right
please DON'T copy my trades I am still learning
  • #96,240
  • Nov 7, 2008 6:14am Nov 7, 2008 6:14am
Closed short.Long.Bounce from 38 fib.We didnt break pink line and 50 ema.Hope to see bounce for new high.Today we expect bad news from USD.
5722 long.This is just sculp

Last short closed 15 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: cable 15m.gif Size: 24 KB
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