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Cable Update (GBPUSD)

  • #114,581
  • Jan 23, 2009 11:46am Jan 23, 2009 11:46am
Quoting eohater
Ok, damnit! I've closed out completely. Going to lunch.
Nothing wrong with that bro..I took it as a scalp at 1.3688 closed at 1.3650.. Freaky Friday....
Patience + Discipline - Greed = Success
  • #114,582
  • Jan 23, 2009 11:47am Jan 23, 2009 11:47am
Quoting Jduester
I've only been following this forum for a few weeks, but I want to thank you all for all your posts. Last Friday, Bones posted that someone should take a look at the James16 thread and read the entire thing... that way they could truly learn about PA.

Well, thanks Bones (and all of you on this thread too), as I've started reading that James16 thread. Coming up on post 3000 on that one... hope to be caught up in about a month. Started following this thread about 2000 posts ago...

Looking forward to posting trades as I make them in the future....
Good stuff Josh - information is the currency of power and you are gathering info and power first !

way to go !
  • #114,583
  • Jan 23, 2009 11:52am Jan 23, 2009 11:52am
Quoting Infinity
Nothing wrong with that bro..I took it as a scalp at 1.3688 closed at 1.3650.. Freaky Friday....
so short again?
ROBOT FOREX
  • #114,584
  • Jan 23, 2009 11:58am Jan 23, 2009 11:58am
Quoting Forbes55
so short again?
Trade what you see bro! I am flat now... If we fail to make a new high on h1 or m15, then yes.... but as I said, I have one corner of my eye on the euro and it is going up....
Patience + Discipline - Greed = Success
  • #114,585
  • Jan 23, 2009 12:02pm Jan 23, 2009 12:02pm
Quoting Infinity
Trade what you see bro! I am flat now... If we fail to make a new high on h1 or m15, then yes.... but as I said, I have one corner of my eye on the euro and it is going up....
I don't like going up bro, better down
ROBOT FOREX
  • #114,586
  • Jan 23, 2009 12:07pm Jan 23, 2009 12:07pm
look GBPJPY. Although it has broken through minor resistance.
  • #114,587
  • Jan 23, 2009 12:08pm Jan 23, 2009 12:08pm
Quoting Forbes55
I don't like going up bro, better down
Trade what you see....
Patience + Discipline - Greed = Success
  • #114,588
  • Jan 23, 2009 12:11pm Jan 23, 2009 12:11pm
Quoting fry2010
look GBPJPY. Although it has broken through minor resistance.
i don't like that pair, it's a product of GBP/USD X USD/JPY and doesn't follow the rules as well.
I wouldn't rely to much on that pair for anything accept losing money
  • #114,589
  • Jan 23, 2009 12:15pm Jan 23, 2009 12:15pm
thanks for the tip, in the bin that chart goes.
I do realise there was differences with it but i thought it showed some correlation.
It shows more correlation that eurgbp anyway.
  • #114,590
  • Jan 23, 2009 12:21pm Jan 23, 2009 12:21pm
eur/usd up, oil up, dow up, gold up.... DX index down....
  • #114,591
  • Jan 23, 2009 12:25pm Jan 23, 2009 12:25pm
just a thought

now we know $150 dollar oil was caused by speculators and not fundamentals - should we accept that exchange rates are the same - and we can totally dispense with fundies until the govt threatens to intervene as it did with oil speculators ?
  • #114,592
  • Jan 23, 2009 12:29pm Jan 23, 2009 12:29pm
Quoting fry2010
thanks for the tip, in the bin that chart goes.
I do realise there was differences with it but i thought it showed some correlation.
there is some correlation, if you can trade the USDJPY and GBPUSD at the same time and have a solid direction, the GBPJPY can be traded, but for me. i gave up on that...there is MORE than anough money to be made on GPBUSD and it isn't so erratic. It generally follows patterns and "rules"much better
  • #114,593
  • Jan 23, 2009 12:35pm Jan 23, 2009 12:35pm
euro just swallowed a handful of viagra by mistake

thought it was anti-garlic pills

is that a trend reversal or morning woody
  • #114,594
  • Jan 23, 2009 12:36pm Jan 23, 2009 12:36pm
Quoting Infinity
Nothing wrong with that bro..I took it as a scalp at 1.3688 closed at 1.3650.. Freaky Friday....
WOW! Back from lunch and see that she's headed north. Damn, this is definately a Freaky Friday.
Just digging in the trenches like everyone else!
  • #114,595
  • Jan 23, 2009 12:38pm Jan 23, 2009 12:38pm
we get a pin on the 15m, I'm going short.
Just digging in the trenches like everyone else!
  • #114,596
  • Jan 23, 2009 12:38pm Jan 23, 2009 12:38pm
Quoting eohater
WOW! Back from lunch and see that she's headed north. Damn, this is definately a Freaky Friday.
no doubt bro...
Patience + Discipline - Greed = Success
  • #114,597
  • Jan 23, 2009 12:39pm Jan 23, 2009 12:39pm
DOWN I said too
ROBOT FOREX
  • #114,598
  • Jan 23, 2009 12:39pm Jan 23, 2009 12:39pm
Quoting eohater
we get a pin on the 15m, I'm going short.
Patience + Discipline - Greed = Success
  • #114,599
  • Jan 23, 2009 12:39pm Jan 23, 2009 12:39pm
Quoting Infinity
no doubt bro...
Did you get on the long train.
Just digging in the trenches like everyone else!
  • #114,600
  • Jan 23, 2009 12:41pm Jan 23, 2009 12:41pm
Quoting eohater
Did you get on the long train.
scalped 40 pips...
Patience + Discipline - Greed = Success
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