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Cable Update (GBPUSD)

  • #99,521
  • Nov 19, 2008 6:36am Nov 19, 2008 6:36am
Ok, sorry didīt understand.
  • #99,522
  • Nov 19, 2008 6:36am Nov 19, 2008 6:36am
Hi guys, am short at 5069, that resistance better hold and send her down, DOWN I say
please DON'T copy my trades I am still learning
  • #99,523
  • Nov 19, 2008 6:36am Nov 19, 2008 6:36am
Quoting PipLand
Happy birthday alcando,

Cable is right next to a 4hr trend line almost just almost touching
This is very important to notice. We obviously have news out at 8:30 which will impact a little and at the same time we know this pair more than any other is following the lead of US Stocks. The Dow Futures are down for this morning so we could be set for a battle. On one side if we break the 4 hr trend our next stop should be around 1.5160 but the pull of the Dow could be stronger. Hard trading days because technicals alone won't do it and we can't always trust the fundamentals.

PT
Zone Breakout Method
  • #99,524
  • Nov 19, 2008 6:37am Nov 19, 2008 6:37am
Quoting SimonK
I would love for everyone to post on here every loss and every win.
Oh, and also to call trades before the fact.

I think that would soon clear things up

Trading is so easy in hindsight.
I'm mostly happy to trust people, and to congratulate people when they deserve it- but it does annoy me when people brag about stuff, especially when it's such a small and insignificant move that can be wiped out again in another hour.
I really am starting to get tired of this range though- I don't even care anymore, I just want it to either stage a decent recovery or to drop back down into the 4xxx's

p.s. so it was 290 pips, now it is 29 pips or 290 usd- congratulations! If only I'd spotted that, I'd be rich too! Keep up the cutting-edge analysis
  • #99,525
  • Nov 19, 2008 6:40am Nov 19, 2008 6:40am
Quoting spintrader
I'm mostly happy to trust people, and to congratulate people when they deserve it- but it does annoy me when people brag about stuff, especially when it's such a small and insignificant move that can be wiped out again in another hour.
I really am starting to get tired of this range though- I don't even care anymore, I just want it to either stage a decent recovery or to drop back down into the 4xxx's

p.s. so it was 290 pips, now it is 29 pips or 290 usd- congratulations! If only I'd spotted that, I'd be rich too! Keep up the cutting-edge analysis...
I think we wont get real direction until after the FOMC.
Look at the euro, its stuck in an ever decreasing triangle!
If it's too good to be true, it probably is.
  • #99,526
  • Nov 19, 2008 6:40am Nov 19, 2008 6:40am
Quoting CitiTrade
Now that's the typo that is confusing everyone. I meant to type 290 USD not PIPs. Sorry.
HALA 3MMI...I WAS SEARCHING FOR THAT 290 PIP BUT I SAW THAT IT MOVES 191 PIPS FROM THE MORNING!!!NEVER THE LESS YOU TOOKED 290 $ FROM ME...SO GIVE THEM BACK TO ME OR I WILL CRY...
what you get in the wind goes through the storms
  • #99,527
  • Nov 19, 2008 6:43am Nov 19, 2008 6:43am
Quoting SimonK
I would love for everyone to post on here every loss and every win.
Oh, and also to call trades before the fact.

I think that would soon clear things up

Trading is so easy in hindsight.
I see it as short term UP Long term Down.

I believe that is why you see so many different calls, in fact they are both correct to some degree.

Cheers

G10
Enlightened.
  • #99,528
  • Nov 19, 2008 6:45am Nov 19, 2008 6:45am
Quoting CitiTrade
Now that's the typo that is confusing everyone. I meant to type 290 USD not PIPs. Sorry.

hahahahahahahahahahah 29 pips hahahahahahah thats really funny
When life gives you lemons, make lemonade
  • #99,529
  • Nov 19, 2008 6:45am Nov 19, 2008 6:45am
Quoting SimonK
I think we wont get real direction until after the FOMC.
Look at the euro, its stuck in an ever decreasing triangle!
Yeah I've been keeping a close eye on the euro- By my chart, the triangle will have completed by the end of the day- so we'll just have to see which side she breaks out- I'm willing to bet though, that whichever way she does move, the pound will follow.

I've also got a trade open on the yen- which has also been stuck in a tight range since monday.
  • #99,530
  • Nov 19, 2008 6:47am Nov 19, 2008 6:47am
now i understand... it went that high because we have the meeting tonight ahhhhhhhh grrrr how did i forget this one!!

anyway, better stay with one short until that the meeting finishes.... maybe later i can add to it

-124 at the moment
When life gives you lemons, make lemonade
  • #99,531
  • Nov 19, 2008 6:48am Nov 19, 2008 6:48am
Quoting spintrader
I'm mostly happy to trust people, and to congratulate people when they deserve it bla.. bla..bal...
Actually, this is quite an antagonistic speech for someone wanting to sound reasonable. So not all of us have a wisdom of 1V such as yourself, but again, someone was asking a question on the forum and I answered him. If my answer offended your wisdom of 1V, then by all means I do apologize. Otherwise, I have more imprortant things to do than to engage your misplaced frustration with yourself, on this forum.
  • #99,532
  • Nov 19, 2008 6:50am Nov 19, 2008 6:50am
Quoting CitiTrade
Actually, this is quite an antagonistic speech for someone wanting to sound reasonable. So not all of us have a wisdom of 1V such as yourself, but again, someone was asking a question on the forum and I answered him. If my answer offended your wisdom of 1V, then by all means I do apologize. Otherwise, I have more imprortant things to do than to engage your misplaced frustration with yourself, on this forum.
look i have 10V but does it mean i am superman??? pufffffft im on -122 and its a forum for godsake
When life gives you lemons, make lemonade
  • #99,533
  • Nov 19, 2008 6:50am Nov 19, 2008 6:50am
I AM LOOSING UNTILL NOW 650$ ON 0.4LOT AND STILL NOT CLOSING....IS THERE ANY HOPE TO REDUSE THIS LOSS???OR I SHOULD CLOSE THEM AND WAIT FOR A GOOD PLACE TO ENTER???!!! OR TO AMKE HEDGE,BUT I HATE IT, OR TO STOP FOREX AND FOCUS ON MY WORK AS TELECOME ENGINEER???!!!! GIVE ME THE ADVICE PLEASE....
what you get in the wind goes through the storms
  • #99,534
  • Nov 19, 2008 6:52am Nov 19, 2008 6:52am
[quote=micho;2360909]hahahahahahahahahahah 29 pips hahahahahahah thats really funny[/quot

pssst.. hey, maybe if you spend more time on your trades than on posting here, you wouldn't have lost your large (LOL) fortune of 5K last August when the "crush" happened. And by the way, it is called a crash, not a "crush".
  • #99,535
  • Nov 19, 2008 6:52am Nov 19, 2008 6:52am
I still favor a shot in the upward direction, sometime soon.[/quote]

Great Call Ameritrini

  • #99,536
  • Nov 19, 2008 6:54am Nov 19, 2008 6:54am
Quoting i.shawish
I AM LOOSING UNTILL NOW 650$ ON 0.4LOT AND STILL NOT CLOSING....IS THERE ANY HOPE TO REDUSE THIS LOSS???OR I SHOULD CLOSE THEM AND WAIT FOR A GOOD PLACE TO ENTER???!!! OR TO AMKE HEDGE,BUT I HATE IT, OR TO STOP FOREX AND FOCUS ON MY WORK AS TELECOME ENGINEER???!!!! GIVE ME THE ADVICE PLEASE....
im a telecom engineer as well.. hi mate

what is your account balance?
When life gives you lemons, make lemonade
  • #99,537
  • Nov 19, 2008 6:55am Nov 19, 2008 6:55am
Quoting i.shawish
I AM LOOSING UNTILL NOW 650$ ON 0.4LOT AND STILL NOT CLOSING....IS THERE ANY HOPE TO REDUSE THIS LOSS???OR I SHOULD CLOSE THEM AND WAIT FOR A GOOD PLACE TO ENTER???!!! OR TO AMKE HEDGE,BUT I HATE IT, OR TO STOP FOREX AND FOCUS ON MY WORK AS TELECOME ENGINEER???!!!! GIVE ME THE ADVICE PLEASE....
hang tight .....we are right at the top of the range....if it goes down this is where it will happen..otherwise its a breakout...u have to give it this chance at least

i will post a chart so u can see what the hell i am talking about
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  • #99,538
  • Nov 19, 2008 6:56am Nov 19, 2008 6:56am
[quote=CitiTrade;2360928]
Quoting micho
hahahahahahahahahahah 29 pips hahahahahahah thats really funny[/quot

pssst.. hey, maybe if you spend more time on your trades than on posting here, you wouldn't have lost your large (LOL) fortune of 5K last August when the "crush" happened. And by the way, it is called a crash, not a "crush".
whatever its called crash or crush i feel like doing it to you, like crashing or crushing you like that

get a grip of your victorious trade, hold your nerves and dont get over excited napoleon

as for my loss, try to get a profit first before talking about losing the profit
When life gives you lemons, make lemonade
  • #99,539
  • Nov 19, 2008 6:57am Nov 19, 2008 6:57am
Quoting CitiTrade
Actually, this is quite an antagonistic speech for someone wanting to sound reasonable. So not all of us have a wisdom of 1V such as yourself, but again, someone was asking a question on the forum and I answered him. If my answer offended your wisdom of 1V, then by all means I do apologize. Otherwise, I have more imprortant things to do than to engage your misplaced frustration with yourself, on this forum.
misplaced frustration with myself! interesting, I'm quite content actually, been doing pretty well the past couple of months. I do apologize though, I sometimes get carried away with my 1V wisdom- sometimes I walk out into the street and start ordering the traffic around, thanks for keeping me grounded.

"I told you I saw no evidence of going down, despite our friend's expert opinion

Too late. You shoulda taken it when it dipped to the 38.2% level, which I did, and made 250 pips already in 10 minutes.

My bad. It wasn't 10 minutes, it was less than 2 minutes, and it wasn't 250 it was 290. Here is the trade I made:"

I'm sorry, having re-read your posts, the tone definitely was that of a humble trader.

Look I'm not looking for a fight, so can I just leave it with saying good luck, and keep at it. Hope you continue to make winning pips!
  • #99,540
  • Nov 19, 2008 6:57am Nov 19, 2008 6:57am
Quoting micho
im a telecom engineer as well.. hi mate

what is your account balance?
BSHARAFAK...HALA 7BEBE...ANA ORDONE(T2EEEEEEEL DAMM O KESHER ZAY MA BT7KO 3NNA)...MY ACCOUNT 10,000 AND I AM WITH CROWN ZEFT ALSO...
what you get in the wind goes through the storms
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