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Cable Update (GBPUSD)

  • #97,441
  • Nov 12, 2008 8:24am Nov 12, 2008 8:24am
Quoting Infinity
stop at +2 so no risk for me....
who's your broker man?
When life gives you lemons, make lemonade
  • #97,442
  • Nov 12, 2008 8:25am Nov 12, 2008 8:25am
Quoting micho
who's your broker man?
I have accounts with fxcm and fxclub.
Patience + Discipline - Greed = Success
  • #97,443
  • Nov 12, 2008 8:25am Nov 12, 2008 8:25am
Quoting steelhead
Read my lips micho one more time I dont give a lick if you are anyone believes me. Must i state it one more time I dont give a lick.

You dont phaze me micho or anyone else. I have been very successful for years.

Put that in your pipe and smoke it.
lick my pipe
When life gives you lemons, make lemonade
  • #97,444
  • Nov 12, 2008 8:26am Nov 12, 2008 8:26am
Quoting steelhead
Read my lips micho one more time I dont give a lick if you are anyone believes me. Must i state it one more time I dont give a lick.

You dont phaze me micho or anyone else. I have been very successful for years.

Put that in your pipe and smoke it.
Guys, we are all adults here, why are you all acting like little kids??

Steel can trade what he sees and you can trade what you see. No one should believe other's trading opinions (ideas) if you want to be successful. Trade what you see, and if it agrees with what others see, MORE PLUS POINTS to you, but if steel goes long and you go short, either of you could lose money, we don't know who. Time will tell.

Why dont we just listen to each others opinion and put a best practice to keep your money and make more out of it. This is getting annoying.

Steel went long, he made money. You went short, you made money!

Anybody got a problem with that? I think not!!
  • #97,445
  • Nov 12, 2008 8:26am Nov 12, 2008 8:26am
Quoting Infinity
I have accounts with fxcm and fxclub.
i cant set sl +2 unless i am 31 points away from the price

what is your minimum distance with fxcm and fxclub
When life gives you lemons, make lemonade
  • #97,446
  • Nov 12, 2008 8:27am Nov 12, 2008 8:27am
steelhead just seems to be more comfortable with longs altough as he has shown he took a short from 5425 or whatever, and we are very low for the day you can still buy the retraces and get out when the market turns it's just scalping. If that is the way he likes to trade good luck to him, I might buy as well as sell in a dwntrend if I was more experienced, eo does it, infinity has said he has taken a long so why batter steelhead? we're all here to make pips however we want to do it so lets keep calm and stop the accusations flying around please.
please DON'T copy my trades I am still learning
  • #97,447
  • Nov 12, 2008 8:28am Nov 12, 2008 8:28am
Quoting micho
i cant set sl +2 unless i am 31 points away from the price

what is your minimum distance with fxcm and fxclub
fxcm - no minimum
fxclub - 10 points

31 points!!! holy shit.. who is your broker man?
Patience + Discipline - Greed = Success
  • #97,448
  • Nov 12, 2008 8:29am Nov 12, 2008 8:29am
Quoting Infinity
fxcm - no minimum
fxclub - 10 points
oh dear god!! whats the spread? and how is the execution?
When life gives you lemons, make lemonade
  • #97,449
  • Nov 12, 2008 8:30am Nov 12, 2008 8:30am
Quoting Infinity
fxcm - no minimum
fxclub - 10 points

31 points!!! holy shit.. who is your broker man?
its crown forex

they've increased it last 2 weeks

before it used to be 10 points!!!!

fuck man and the execution literally sucks
When life gives you lemons, make lemonade
  • #97,450
  • Nov 12, 2008 8:31am Nov 12, 2008 8:31am
Quoting ezmystic
steelhead just seems to be more comfortable with longs altough as he has shown he took a short from 5425 or whatever, and we are very low for the day you can still buy the retraces and get out when the market turns it's just scalping. If that is the way he likes to trade good luck to him, I might buy as well as sell in a dwntrend if I was more experienced, eo does it, infinity has said he has taken a long so why batter steelhead? we're all here to make pips however we want to do it so lets keep calm and stop the accusations flying around please....

the reason they single me out is im more brash about it. Its all good I enjoy good heated debate, but you are right you can make money either way.

I hold no hard feelings for anyone in here, well maybe one person but thats it lol.
  • #97,451
  • Nov 12, 2008 8:34am Nov 12, 2008 8:34am
Quoting Infinity
Just a reminder...
spot on.

Trade what you see, not what you feel.

Micho, looks like you were right re bottom, although my 1 hr channel showed another 10 to hit bottom. Maybe some long scalps to be done this afternoon gmt, but Ive gotta go.
  • #97,452
  • Nov 12, 2008 8:34am Nov 12, 2008 8:34am
Quoting steelhead
the reason they single me out is im more brash about it. Its all good I enjoy good heated debate, but you are right you can make money either way.

I hold no hard feelings for anyone in here, well maybe one person but thats it lol.
we're not singling you out
i hate people who keep mislead the forum and everytime you say long it blows down

so you are misleading the forum
When life gives you lemons, make lemonade
  • #97,453
  • Nov 12, 2008 8:35am Nov 12, 2008 8:35am
Quoting micho
oh dear god!! whats the spread? and how is the execution?
Execution on fxclub is not the best when closing manually but 100% on pending orders. They are also fixed spread.

Fxcm execution is usually instantaneous but sometimes it really sucks. I actually hate them and may change them soon. Spreads are variable but sometimes outrageous...
Patience + Discipline - Greed = Success
  • #97,454
  • Nov 12, 2008 8:35am Nov 12, 2008 8:35am
Quoting steelhead
the reason they single me out is im more brash about it. Its all good I enjoy good heated debate, but you are right you can make money either way.

I hold no hard feelings for anyone in here, well maybe one person but thats it lol.
no worries, debate is all good, but throwing allegations is another. well you're acting like a gentleman. Your input is much appreciated as it is totally different from most and it's good to see an opposing view sometimes
please DON'T copy my trades I am still learning
  • #97,455
  • Nov 12, 2008 8:37am Nov 12, 2008 8:37am
Quoting Infinity
Execution on fxclub is not the best when closing manually but 100% on pending orders. They are also fixed spread.

Fxcm execution is usually instantaneous but sometimes it really sucks. I actually hate them and may change them soon. Spreads are variable but sometimes outrageous...


which broker should we change to?
crown is fixed 1 pip but execution and distance are killing me during volatile times
When life gives you lemons, make lemonade
  • #97,456
  • Nov 12, 2008 8:39am Nov 12, 2008 8:39am
New Update 1Hour chart after US open - target MAE200 - target 1,5600-50
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd1hour.jpg Size: 111 KB
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #97,457
  • Nov 12, 2008 8:39am Nov 12, 2008 8:39am
Quoting steelhead
Read my lips micho one more time I dont give a lick if you are anyone believes me. Must i state it one more time I dont give a lick.

You dont phaze me micho or anyone else. I have been very successful for years.

Put that in your pipe and smoke it.
I see Micho you made new friend heare in this few days.Nice!!!

I was at some kind of hoiliday with family so no posts from me.I just got back and see some people still writing about some big moves on up.I don't know how they know that.They see 5600 today!!!!How i dont know.

On all time frames all day we are below gann so for up we need to close above minimum on 15 m and all indicators should be close to 0 level and thea are still not.Maybe later but i don't think soo.In few hours will start conferences from ECB.if he say something bad or even sugest that things are bad and we all know they are EU will go down and put cable down to.Before that US has conference.So maybe if they say something extra good this might go up.Will see but i don't know what that good things could be.

Anyway if we close today with new low by end of week 5000 for sure and 4900 i think.Theare could be some bounce and range again for some days and then 4000.Will see.
Tommorow i will start to trade again and looking for good short signals.Any up move is retrace for me and it will be chopy action.maybe i change my mind when see toomorow indicators but for now...

Heare is some carts so you can see what level shoud be broken for now to go more up.
  • #97,458
  • Nov 12, 2008 8:39am Nov 12, 2008 8:39am
HI Guys Im new here but I reckon this is the best active GBP/USD discussion on the internet at the moment, been following it for a while, unless someone knows otherwise?

I also agree its good to hear an opposing view from Steelhead, keeps us on our toes. I dunno personally where this is going for the moment, could be a v small bounce so gonna sit on the side lines for a bit, prob see whats happening tomorrow.
  • #97,459
  • Nov 12, 2008 8:40am Nov 12, 2008 8:40am
going home see u in a while
When life gives you lemons, make lemonade
  • #97,460
  • Nov 12, 2008 8:40am Nov 12, 2008 8:40am
I am short at 1.5250. Where do you rekon it will go to within the next week? I have spoken to my analyst friends at Money Corp, and he rekons that it may go down to 1.49 area, and then rally up to around 1.65. Then from there, continue its fall, maybe to the 1.30 area.

What do you guys rekon?
Probability Professor
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