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Cable Update (GBPUSD)

  • #100,761
  • Nov 24, 2008 10:48pm Nov 24, 2008 10:48pm
Quoting eohater
I wish someone would kick her in the ass!
yeah no doubt.
this slowness is killing me

how's ur week so far bro!?!
  • #100,762
  • Nov 24, 2008 10:54pm Nov 24, 2008 10:54pm
Check this out, I read this on bloomberg here:
http://www.bloomberg.com/apps/news?p..._lo&refer=home

But here's a section I found interesting:

Soon enough, credit-rating companies may wake up and begin downgrading the U.S. government. Asian central banks will grow tired of seeing their dollar investments lose value. And the U.S. currency may increasingly suffer from the kind of treatment Jim Rogers intends to give it. Within the next few months, the chairman of Singapore-based Rogers Holdings, plans to own no dollars at all.


Just digging in the trenches like everyone else!
  • #100,763
  • Nov 24, 2008 10:59pm Nov 24, 2008 10:59pm
Quoting dakrusha
yeah no doubt.
this slowness is killing me

how's ur week so far bro!?!
It's good! I'm making my pips. Currently sitting long from 5088. Here's a channel that I'm starting to question if we're in on the 15m. It's in line with the 1h 10ema, 15m 35sma. Might be taking profit here and going short with another tight SL.

How about your week? Had more time this week to trade so far?
Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 134 KB
Just digging in the trenches like everyone else!
  • #100,764
  • Nov 24, 2008 11:01pm Nov 24, 2008 11:01pm
I didn't close yet. Still waiting on the 15m to find the possible top to that channel. Last candle closed lower, above the 21ema and below the 35sma with a nice size wick. Might get some more action on her moving up to the 35. If she breaks, I'll be looking for the 35 to hold and moving my SL up and securing more profit.
Just digging in the trenches like everyone else!
  • #100,765
  • Nov 24, 2008 11:04pm Nov 24, 2008 11:04pm
Quoting eohater
It's good! I'm making my pips. Currently sitting long from 5088. Here's a channel that I'm starting to question if we're in on the 15m. It's in line with the 1h 10ema, 15m 35sma. Might be taking profit here and going short with another tight SL.

How about your week? Had more time this week to trade so far?
i've been doing great. i've been trading but been very selective. more so than normal and it's been paying off. very few negative trades. my positive trades have been lower pips over all but that's ok, still positive.

i was hoping to hang a bit more here this week, but there's a lot of junk happening over here (pers fam stuff) and work has gotten busy so i've been working a lot and focusing on fam. but still have my new march/april goal to be full time trading and part time designing. then i can start working more on doing photography more. That's a lot more fun and besides, the scenery is better. http://www.forexfactory.com/images/icons/icon10.gif

SHIT I hate afternoon/evening spreads on FXCM..8.8 right now
  • #100,766
  • Nov 24, 2008 11:10pm Nov 24, 2008 11:10pm
Quoting dakrusha
i've been doing great......

SHIT I hate afternoon/evening spreads on FXCM..8.8 right now
Glad to hear you've been doing great. Definately, being more picky on your trades will payoff. It's not the # of trades we, it's the quality of the trade.

I thought the spreads on my MB account were bad. You might want to get another side broker with a fixed spread for when spreads are wacked on your main broker.
Just digging in the trenches like everyone else!
  • #100,767
  • Nov 24, 2008 11:12pm Nov 24, 2008 11:12pm
Quoting eohater
Glad to hear you've been doing great. Definately, being more picky on your trades will payoff. It's not the # of trades we, it's the quality of the trade.

I thought the spreads on my MB account were bad. You might want to get another side broker with a fixed spread for when spreads are wacked on your main broker.
yeah my Alpari acct is still fixed at 3 but i have switched to only trading micro on them cuz i like trading on my phone and am working on good entries with that..overall it's good,but if you lose your signal you can be F)(*&KED!!!
  • #100,768
  • Nov 24, 2008 11:16pm Nov 24, 2008 11:16pm
Quoting dakrusha
yeah my Alpari acct is still fixed at 3 but i have switched to only trading micro on them cuz i like trading on my phone and am working on good entries with that..overall it's good,but if you lose your signal you can be F)(*&KED!!!
I know you like ma's as well, so I'm assuming you can run those on your mobile platform? hmmmmm....talk about more freedom to trade.... or more time for my wife to kick me in the ass for trading too much...
Just digging in the trenches like everyone else!
  • #100,769
  • Nov 24, 2008 11:18pm Nov 24, 2008 11:18pm
Quoting eohater
I know you like ma's as well, so I'm assuming you can run those on your mobile platform? hmmmmm....talk about more freedom to trade.... or more time for my wife to kick me in the ass for trading too much...
Bro...

How have u been??

GU Long or SHORT??

Sonic
  • #100,770
  • Nov 24, 2008 11:18pm Nov 24, 2008 11:18pm
Quoting eohater
I know you like ma's as well, so I'm assuming you can run those on your mobile platform? hmmmmm....talk about more freedom to trade.... or more time for my wife to kick me in the ass for trading too much...
HAHA most deff..
yeah if you like "stock" indies then ur good on the MT4 for your phone. it won't run custom indies..

also gotta be careful bout overtrading with the phone..that can be easy too..i like looking at my comptuer set up first for the day so i have an idea of what number's i'm looking for. i don't like trading blind on my phone with having a better view of the market
  • #100,771
  • Nov 24, 2008 11:22pm Nov 24, 2008 11:22pm
Quoting sonicdeejay
Bro...

How have u been??

GU Long or SHORT??

Sonic
What's up bro? I've been good! I'm sitting long at 5088. SL at +25, watching now to see if the 15m 35 will hold her and send her up higher.

What's your take?
Just digging in the trenches like everyone else!
  • #100,772
  • Nov 24, 2008 11:27pm Nov 24, 2008 11:27pm
Somebody just smacked the shit outta her!
Just digging in the trenches like everyone else!
  • #100,773
  • Nov 24, 2008 11:40pm Nov 24, 2008 11:40pm
Quoting dakrusha
HAHA most deff..
yeah if you like "stock" indies then ur good on the MT4 for your phone. it won't run custom indies..

also gotta be careful bout overtrading with the phone..that can be easy too..i like looking at my comptuer set up first for the day so i have an idea of what number's i'm looking for. i don't like trading blind on my phone with having a better view of the market
what's your latest ma concoction and time frame your finding comfort in right now?
Just digging in the trenches like everyone else!
  • #100,774
  • Nov 24, 2008 11:54pm Nov 24, 2008 11:54pm
Quoting eohater
What's up bro? I've been good! I'm sitting long at 5088. SL at +25, watching now to see if the 15m 35 will hold her and send her up higher.

What's your take?
Bro..

post t pic??

Now me learning how other gr8 traders put SL and TP...

Sonic
  • #100,775
  • Nov 25, 2008 12:15am Nov 25, 2008 12:15am
Quoting eohater
what's your latest ma concoction and time frame your finding comfort in right now?
i've been really happy with the 5M charts for a long time...
still running a 200 sma and a 50 EMA and a 50 SMA and parabolic SAR and Daily Hi/Low Fib.
  • #100,776
  • Nov 25, 2008 12:30am Nov 25, 2008 12:30am
Quoting dakrusha
i've been really happy with the 5M charts for a long time...
still running a 200 sma and a 50 EMA and a 50 SMA and parabolic SAR and Daily Hi/Low Fib.
what in the world is happening here????????
  • #100,777
  • Nov 25, 2008 12:37am Nov 25, 2008 12:37am
Think she will bounce back down off the 50 sma on the 15m chart?
Keep It Simple Stupid
  • #100,778
  • Nov 25, 2008 12:39am Nov 25, 2008 12:39am
Quoting Alastair
Think she will bounce back down off the 50 sma on the 15m chart?
Sorry, 35 SMA
Keep It Simple Stupid
  • #100,779
  • Nov 25, 2008 1:49am Nov 25, 2008 1:49am
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
This looks like an easy short to he bottom of LR channel.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 25 channel.jpg Size: 134 KB
"Wishful thinking dies hard." Igor T.
  • #100,780
  • Nov 25, 2008 2:17am Nov 25, 2008 2:17am
Quoting FxChi
This looks like an easy short to he bottom of LR channel.
short ???
thought everybody long
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