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Cable Update (GBPUSD)

  • #111,901
  • Jan 15, 2009 11:31am Jan 15, 2009 11:31am
Quoting eohater
She was too congested to take the short without PA confirmation.
Hey eo:

What do you mean by price being to congested?
  • #111,902
  • Jan 15, 2009 11:32am Jan 15, 2009 11:32am
Quoting allserene
Yes I have the same problem - government only guarantees 250,000 per bank , so i spend all my time opening new accounts
Life's tough, Allserene. I feel for you!
  • #111,903
  • Jan 15, 2009 11:32am Jan 15, 2009 11:32am
Quoting koorb
Hey eo:

What do you mean by price being to congested?
When she's ranging 25-30 pips, all the ma's are flat and together. Spells out congestion.
Just digging in the trenches like everyone else!
  • #111,904
  • Jan 15, 2009 11:34am Jan 15, 2009 11:34am
Quoting Infinity
Look at the week of October 20 last year... just to name one..

I'm not arguing with you about it.
You must have more experience than me.
But as a beginner I have to see it to believe it.
I'm just saying that I just wanted to do some tech analysis.
  • #111,905
  • Jan 15, 2009 11:35am Jan 15, 2009 11:35am
Quoting eohater
That's why I don't leave my money in the bank. The FDIC insurance policy has upto 20 years to pay your back in the event of a claim. My money is safer at home with me in a safe and in my safety deposit box.
Had two major banks collapse on me in the last few months - HBOS in the UK (Biggest deposit bank) and Washington Mutual USA

Didnt even notice and never lost a penny

However, it made me a bit uneasy so i have a chunk with the Bank of England (direct with UK govt) now

It will be a long time before I stick a couple of hundred k on a forex bet (oops I will upset the religious people, I mean trade)
  • #111,906
  • Jan 15, 2009 11:36am Jan 15, 2009 11:36am
Quoting eohater
When she's ranging 25-30 pips, all the ma's are flat and together. Spells out congestion.

thanks, a little knowledge here and there helps.
  • #111,907
  • Jan 15, 2009 11:38am Jan 15, 2009 11:38am
we make the last post come to top of page. Thanks for help with emails fiasco it seemed to stop.
  • #111,908
  • Jan 15, 2009 11:40am Jan 15, 2009 11:40am
hi
add short @ 1.4665 .. let see what will happen
  • #111,909
  • Jan 15, 2009 11:40am Jan 15, 2009 11:40am
Quoting tradeinstant
I'm not arguing with you about it.
You must have more experience than me.
But as a beginner I have to see it to believe it.
I'm just saying that I just wanted to do some tech analysis.
I know bro... I just gave that to you so you can put it into perspective. Expect anything in this market bro! Be prepared...
Patience + Discipline - Greed = Success
  • #111,910
  • Jan 15, 2009 11:41am Jan 15, 2009 11:41am
If you feel it's a bet than your not getting it. The market should be clear and your soul should be relaxed about entry that is when you know your right.
  • #111,911
  • Jan 15, 2009 11:42am Jan 15, 2009 11:42am
Quoting Professor4x
we make the last post come to top of page. Thanks for help with emails fiasco it seemed to stop.
If your replying to someone, you can click the quote tab in the right hand corner of their post and it will paste their post in your new post.
Just digging in the trenches like everyone else!
  • #111,912
  • Jan 15, 2009 11:44am Jan 15, 2009 11:44am
Quoting Professor4x
we make the last post come to top of page. Thanks for help with emails fiasco it seemed to stop.
hey... glad to see i am in good company.. shorted at 4666
  • #111,913
  • Jan 15, 2009 11:44am Jan 15, 2009 11:44am
Quoting deboooo2005
hi
add short @ 1.4665 .. let see what will happen
yes the 15 min is showing double top and I aint sticking around to see if it busts through

That was a nice long and i am out for a few mins
  • #111,914
  • Jan 15, 2009 11:45am Jan 15, 2009 11:45am
Quoting eohater
If your replying to someone, you can click the quote tab in the right hand corner of their post and it will paste their post in your new post.
told you i'm a newbie at this
  • #111,915
  • Jan 15, 2009 11:45am Jan 15, 2009 11:45am
Quoting blurrcow
hey... glad to see i am in good company.. shorted at 4666
Guys, be careful right now. She could slam the head off todays top!
Just digging in the trenches like everyone else!
  • #111,916
  • Jan 15, 2009 11:46am Jan 15, 2009 11:46am
Quoting Professor4x
told you i'm a newbie at this
Newbie to posting, but not to trading. I just joined about a year ago, got tired of sitting here looking at my charts all alone.
Just digging in the trenches like everyone else!
  • #111,917
  • Jan 15, 2009 11:46am Jan 15, 2009 11:46am
If your trading you may want to check the gap at 136.17 to 136.57 because it looks to be heading that way now since we doubled bottomed at 129 and failed to create new down trend channel. Just a thought
  • #111,918
  • Jan 15, 2009 11:48am Jan 15, 2009 11:48am
Quoting eohater
Guys, be careful right now. She could slam the head off todays top!
why buck the trend and be a hero. Go with her and dont buck it that is how most traders get burnt
  • #111,919
  • Jan 15, 2009 11:50am Jan 15, 2009 11:50am
Quoting eohater
Guys, be careful right now. She could slam the head off todays top!
agree... but i think there will be some who has built a nice profit the last 1 hour will take some off the table.. so maybe a small retracement may happen...
  • #111,920
  • Jan 15, 2009 11:53am Jan 15, 2009 11:53am
Without a doubt best way to show winning trades every time. Has a almost 100% win rate but you need alot of money to do it and that is why most people cant go it alone.
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