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Cable Update (GBPUSD)

  • #112,181
  • Jan 16, 2009 9:09am Jan 16, 2009 9:09am
Quoting gammase1
The 15m 10ema has provided solid support over the past couple of hours for the pair, in addition to the recent surge in equities - which has kept the pair heavy on the bid.

It will be interesting to see the effect on Cable from any pullback in equities and a break of this support.

I'm short at 1.4955
That's me out for +100 pips....

Could try for more, but it's pratically the weekend in London and family time calls!

Good weekend all.
Paul
  • #112,182
  • Jan 16, 2009 9:10am Jan 16, 2009 9:10am
Quoting Professor4x
just bumped stop to 4925 so its a winner and even though entry is 4930 if she break above figure again 1.49 i will take the 5 pip profit. if not and continues to slide than i make 130 pips either way good trade and no lose situation taget still at 1.48
Good trade. My SL was moved to +3. Protect your equity and reduce risk as much as possible.
  • #112,183
  • Jan 16, 2009 9:11am Jan 16, 2009 9:11am
wasn't so bad after all. Dont nickel and dime this market that is lesson learned. Buy in a range and stick to plan. Most traders that try to be exact end up with less money becasue they have too much indecsion and miss the move. With stops controling our risks and exceution be superior our defined risk or reward will always be in control of us no matter what. Beautiful story and no other market gives you that control that is why i trade forex now.
  • #112,184
  • Jan 16, 2009 9:13am Jan 16, 2009 9:13am
Quoting AmeriTrini
over 300 pips!!
yes,very nice indeed
  • #112,185
  • Jan 16, 2009 9:13am Jan 16, 2009 9:13am
Quoting Professor4x
has nothing to do with candles or any technicals, figure is round price. 1.49, 1.48, 1.47
Where can I learn more about your trading techniques?
Please ask questions and share your experiences with us all!
  • #112,186
  • Jan 16, 2009 9:15am Jan 16, 2009 9:15am
Nice short trade closed out at +98 pips. Going back to sleep. Everyone have a good weekend.
  • #112,187
  • Jan 16, 2009 9:16am Jan 16, 2009 9:16am
Quoting bkg102665
Where can I learn more about your trading techniques?
I developed a hybrid system and have it online for all to view for free because i am proud of it and it makes me 1000 a day. Nothing's for sale and do not have any classes did that 6 years ago and bored with it.
  • #112,188
  • Jan 16, 2009 9:16am Jan 16, 2009 9:16am
Quoting Professor4x
just bumped stop to 4925 so its a winner and even though entry is 4930 if she break above figure again 1.49 i will take the 5 pip profit. if not and continues to slide than i make 130 pips either way good trade and no lose situation taget still at 1.48

Great trade call.

Seems the GU led the way moments before the GJ which
I'm trading which first did a head fake. I look to the GU
often and any USD related pair to show whose the driver.

Dr. D.
  • #112,189
  • Jan 16, 2009 9:17am Jan 16, 2009 9:17am
Quoting Liquid
Nice short trade closed out at +98 pips. Going back to sleep. Everyone have a good weekend.
bumped stop to 1.49
  • #112,190
  • Jan 16, 2009 9:17am Jan 16, 2009 9:17am
Those who have contacted me and are taking the advise on trading great job. You are on your way to being a successful trader.Hope everyone made pips this week.

Although from the number of folks who have emailed me saying they need serious help i doubt everyone made serious pips. It sadens me when i hear it.

Trade less make more. Patience Patience Patience. Will post g/u analysis for next week soon.
  • #112,191
  • Jan 16, 2009 9:18am Jan 16, 2009 9:18am
Used my 90% system again this morning

When it moves massive and falters, i go the other way

It really is a 90% system - its yours for free

ps its all about the DOW just now
  • #112,192
  • Jan 16, 2009 9:18am Jan 16, 2009 9:18am
Quoting fourxtrader
Great trade call.

Seems the GU led the way moments before the GJ which
I'm trading which first did a head fake. I look to the GU
often and any USD related pair to show whose the driver.

Dr. D.
My charts allow for crossovers and it's clear that gbp has been driver on gbp/jpy for some time now. Good advice
  • #112,193
  • Jan 16, 2009 9:19am Jan 16, 2009 9:19am
Quoting Professor4x
I developed a hybrid system and have it online for all to view for free because i am proud of it and it makes me 1000 a day. Nothing's for sale and do not have any classes did that 6 years ago and bored with it.
Where can I get it online? Thanks.
  • #112,194
  • Jan 16, 2009 9:20am Jan 16, 2009 9:20am
Quoting allserene
Used my 90% system again this morning

When it moves massive and falters, i go the other way

It really is a 90% system - its yours for free

ps its all about the DOW just now
Interestd in every system and try them all have 9 computers in my basement running to test everything i can get my hands on. Please give me link and will have my research team check it out. Thanks
  • #112,195
  • Jan 16, 2009 9:22am Jan 16, 2009 9:22am
Quoting dondon
Where can I get it online? Thanks.
but it's not for sale. It will help you with trade alerts because i have 6 pairs programed using a 30 min chart on 5 day sma. feel free to check it out. www.fxhybrid.com
  • #112,196
  • Jan 16, 2009 9:24am Jan 16, 2009 9:24am
1.49 even so it's 30 pips minimum. still have target at 1.48
  • #112,197
  • Jan 16, 2009 9:24am Jan 16, 2009 9:24am
Quoting Professor4x
I developed a hybrid system and have it online for all to view for free because i am proud of it and it makes me 1000 a day. Nothing's for sale and do not have any classes did that 6 years ago and bored with it.
You seem to have a world of knowledge and I am here to learn so what address can I find your information?
Please ask questions and share your experiences with us all!
  • #112,198
  • Jan 16, 2009 9:26am Jan 16, 2009 9:26am
Quoting Professor4x
1.49 even so it's 30 pips minimum. still have target at 1.48
Congrats, target just hit
  • #112,199
  • Jan 16, 2009 9:26am Jan 16, 2009 9:26am
Quoting Abuawad
Cable can't even retch the top line, let's see...
As I post before, cable can’t break the top resistant line and testing the down support line and break it.
This open the way to the blue lines, let’s see next week.
Attached Image (click to enlarge)
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  • #112,200
  • Jan 16, 2009 9:27am Jan 16, 2009 9:27am
Quoting bkg102665
You seem to have a world of knowledge and I am here to learn so what address can I find your information?
guess i retained something during those years.
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