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Cable Update (GBPUSD)

  • #112,301
  • Jan 16, 2009 12:08pm Jan 16, 2009 12:08pm
Quoting trader2160
I believe weve had this conversation before lol,Love your avatar btw.
Thanks! Ha, we've had the conversation before because it is a principle. It can't be applied to all price action, but it's good to take all pieces of price action information into concideration. By knowing what all the information means, you have understanding on what's happening. Being able to put that understanding into practice is wisdom.
Probability Professor
  • #112,302
  • Jan 16, 2009 12:10pm Jan 16, 2009 12:10pm
Quoting Galation
Thanks! Ha, we've had the conversation before because it is a principle. It can't be applied to all price action, but it's good to take all pieces of price action information into concideration. By knowing what all the information means, you have understanding on what's happening. Being able to put that understanding into practice is wisdom.
I was just talking about the move yesterday,but very true all the same.
  • #112,303
  • Jan 16, 2009 12:11pm Jan 16, 2009 12:11pm
Quoting eohater
Good job brother!
Thanks bro......

Watching the DVD...."Things to do in Denver when your Dead" Starring Andy Garcia.

Pretty good movie!!!

HOLLA
  • #112,304
  • Jan 16, 2009 12:12pm Jan 16, 2009 12:12pm
Quoting trader2160
that holding up is causing E/G to skyrocket.
weird - i just saw that and was coming to post it - but you beat me to it

thinks are out of whack - i will hold this long a little longer

looks like beer will be £2 a pint in tenerife !
  • #112,305
  • Jan 16, 2009 12:14pm Jan 16, 2009 12:14pm
DOW coming back - all pigs fuelled and ready to fly
  • #112,306
  • Jan 16, 2009 12:16pm Jan 16, 2009 12:16pm
Quoting allserene
weird - i just saw that and was coming to post it - but you beat me to it

thinks are out of whack - i will hold this long a little longer

looks like beer will be £2 a pint in tenerife !
It should stop going down now as the yen crosses and hence G/J have started going up.But G/J is making the least progress.I hope for your sake it bottoms out here but its freaky friday and the yanks want to close their positions as they have monday off.
  • #112,307
  • Jan 16, 2009 12:19pm Jan 16, 2009 12:19pm
Quoting allserene
DOW coming back - all pigs fuelled and ready to fly
  • #112,308
  • Jan 16, 2009 12:21pm Jan 16, 2009 12:21pm
Quoting trader2160
It should stop going down now as the yen crosses and hence G/J have started going up.But G/J is making the least progress.I hope for your sake it bottoms out here but its freaky friday and the yanks want to close their positions as they have monday off.
I didnt know it was a yankee hol on monday as I havent been speaking to 'her indoors' for a couple of days - it happens with redheads

I should have been more careful getting a redhead AND trading friday before a holiday

Its only 10.20am pacific so there is time for a late dow rally like yesterday
thingies crossed

anyway we are all friends now so lets not mention the war
  • #112,309
  • Jan 16, 2009 12:22pm Jan 16, 2009 12:22pm
Quoting allserene
DOW coming back - all pigs fuelled and ready to fly
You sure about that? There seems to be some congestion on the takeoff runway. She may be headed back to he terminal!
Hi, my name is Barry and you can keep your doctor...
  • #112,310
  • Jan 16, 2009 12:24pm Jan 16, 2009 12:24pm
Quoting allserene
I didnt know it was a yankee hol on monday as I havent been speaking to 'her indoors' for a couple of days - it happens with redheads

I should have been more careful getting a redhead AND trading friday before a holiday

Its only 10.20am pacific so there is time for a late dow rally like yesterday
thingies crossed

anyway we are all friends now so lets not mention the war
lol what war?
  • #112,311
  • Jan 16, 2009 12:34pm Jan 16, 2009 12:34pm
Quoting trader2160
lol what war?
quite

it's time to feed the goebbles - oops i mean the gerbils -

cable is teasing right now - it's a Borman - I mean a bore man - it might streak down just to cause me a seizure and then give me a reduced reasonable long position to leave over the weekend

patience - DOW down only 25 now
  • #112,312
  • Jan 16, 2009 12:38pm Jan 16, 2009 12:38pm
Quoting allserene
quite

it's time to feed the goebbles - oops i mean the gerbils -



patience - DOW down only 25 now
I see what you mean Von SmallHausen.
  • #112,313
  • Jan 16, 2009 12:39pm Jan 16, 2009 12:39pm
Quoting allserene
quite

it's time to feed the goebbles - oops i mean the gerbils -

cable is teasing right now - it's a Borman - I mean a bore man - it might streak down just to cause me a seizure and then give me a reduced reasonable long position to leave over the weekend

patience - DOW down only 25 now
Your a riot!
Just digging in the trenches like everyone else!
  • #112,314
  • Jan 16, 2009 12:47pm Jan 16, 2009 12:47pm
Quoting eohater
Your a riot!
Think I am on a high - wifey is friends again and I am on a promise tonight and my shares and cable are going up and its like skipping through the daisys

bipolar ? no adrenalin imbalance

never mind eva brown - it's nearly time to eva vestoff
  • #112,315
  • Jan 16, 2009 1:07pm Jan 16, 2009 1:07pm
Quoting allserene
Think I am on a high - wifey is friends again and I am on a promise tonight and my shares and cable are going up and its like skipping through the daisys

bipolar ? no adrenalin imbalance

never mind eva brown - it's nearly time to eva vestoff
All is good then. Terms with wifey have resolved and the DOW just went green. See, the DOW was waiting for you and the wifey to make up. Now, tonight you better have HS to reinforce.
Just digging in the trenches like everyone else!
  • #112,316
  • Jan 16, 2009 1:24pm Jan 16, 2009 1:24pm
DOW dips and so does cable - correlation is perfect
why do forex ? - just do shares futures - same chart
and you get divs too if you are long
  • #112,317
  • Jan 16, 2009 1:28pm Jan 16, 2009 1:28pm
Quoting allserene
DOW dips and so does cable - correlation is perfect
why do forex ? - just do shares futures - same chart
and you get divs too if you are long
where is your break even on cable if you dont mind my asking.
  • #112,318
  • Jan 16, 2009 1:32pm Jan 16, 2009 1:32pm
Price Action at work ,

Be warned ,1 hr is low reliability

Have a great weekend everyone
Attached Image (click to enlarge)
Click to Enlarge Name: 17 gbp usd ,1 hour,engulfing ,-16-01-09.gif Size: 23 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #112,319
  • Jan 16, 2009 1:33pm Jan 16, 2009 1:33pm
Cable month results:
368699572009.01.16 17:32buy0.10gbpusd1.48410.00001.50352009.01.16 19:561.46940.000.000.00-147.00 368701542009.01.16 17:34buy0.10gbpusd1.48290.00001.49822009.01.16 19:561.46960.000.000.00-133.00 368705752009.01.16 17:38buy0.10gbpusd1.47780.00001.49802009.01.16 17:431.47870.000.000.009.00 368716362009.01.16 17:54sell0.30gbpusd1.47910.00001.46972009.01.16 18:001.47390.000.000.00156.00 368729752009.01.16 18:08buy0.10gbpusd1.47150.00001.48162009.01.16 19:561.46960.000.000.00-19.00 368750422009.01.16 18:35buy1.00gbpusd1.46900.00001.47202009.01.16 19:411.47010.000.000.00110.00 368783502009.01.16 19:41buy1.00gbpusd1.46900.00001.47282009.01.16 19:551.46950.000.000.0050.00 0.00 0.00 -162.40 6 339.00 Closed P/L: 6 176.60 Open Trades: TicketOpen TimeTypeSizeItem PriceS / LT / P PriceCommissionTaxesSwapProfit No transactions 0.00 0.00 0.00 0.00 Floating P/L: 0.00 Working Orders: TicketOpen TimeTypeSizeItem PriceS / LT / PMarket Price No transactions Summary: Deposit/Withdrawal: 3 000.00 Credit Facility: 0.00 Closed Trade P/L: 6 176.60 Floating P/L: 0.00 Margin: 0.00 Balance: 9 176.60 Equity: 9 176.60 Free Margin: 9 176.60
  • #112,320
  • Jan 16, 2009 1:33pm Jan 16, 2009 1:33pm
I just closed out my long for 32 pips.... I will start fresh next week...
Patience + Discipline - Greed = Success
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