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Cable Update (GBPUSD)

  • #121,821
  • Feb 19, 2009 4:50am Feb 19, 2009 4:50am
Quoting nAVIN2007
hows this week going bro?...yesterday i had a friend come round and i tried to show him how much profit forex can yield, so i entered at 1 lot and murphy's law ensure i got it!....account down £266
Same thing happened to me about a year ago, Navin. My then girlfriend was at my house when I was showing her my charting tools and explaining how top traders use certain indicators, along with detailed fundamental analysis, to source very profitable set ups - basically I was showing off in an attempt to impress her. I then placed a position, impressing her with the size(!), acting very relaxed about the whole process. Well, this cockiness costed me £500, as my master trade was stopped in in under 20 minutes!!!
  • #121,822
  • Feb 19, 2009 4:53am Feb 19, 2009 4:53am
Quoting gammase1
Same thing happened to me about a year ago, Navin. My then girlfriend was at my house when I was showing her my charting tools and explaining how top traders use certain indicators, along with detailed fundamental analysis, to source very profitable set ups - basically I was showing off in an attempt to impress her. I then placed a position, impressing her with the size(!), acting very relaxed about the whole process. Well, this cockiness costed me £500, as my master trade was stopped in in under 20 minutes!!!
What did you expect? Women!!!...
  • #121,823
  • Feb 19, 2009 4:54am Feb 19, 2009 4:54am
Quoting sbhaumik
I am scalping the hell out of it from 95 to 85, 5 times so far. Also has a short from 1.4340, no SL.
  • #121,824
  • Feb 19, 2009 4:55am Feb 19, 2009 4:55am
Where can get these smileys????





Quoting nAVIN2007
this is what the market is doing to me at the moment
  • #121,825
  • Feb 19, 2009 4:56am Feb 19, 2009 4:56am
Short @1.4351 s/l @1.4466
  • #121,826
  • Feb 19, 2009 4:56am Feb 19, 2009 4:56am
just watching @ all points. Seeing how people think in the market.
News in about 30mins.
  • #121,827
  • Feb 19, 2009 4:56am Feb 19, 2009 4:56am
Quoting Komissar
What did you expect? Women!!!...
Hahaha... Yes, I shall blame her instead! Always easier that way.
  • #121,828
  • Feb 19, 2009 4:57am Feb 19, 2009 4:57am
The $ is falling ,worth keeping a eye on.....
There is also a gap to fill on this chart.
Attached Image (click to enlarge)
Click to Enlarge Name: 17)usdx ,daily -evening star pattern 19-02-09.gif Size: 25 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #121,829
  • Feb 19, 2009 4:57am Feb 19, 2009 4:57am
Quoting Chris_35
Short @1.4351 s/l @1.4466
If you don't mind, what makes you think it will drop?
  • #121,830
  • Feb 19, 2009 4:59am Feb 19, 2009 4:59am
Ah Gammase... When will you learn... it's not the size that matters, it's the prick of the pin bar that impresses...


Quoting gammase1
Same thing happened to me about a year ago, Navin. My then girlfriend was at my house when I was showing her my charting tools and explaining how top traders use certain indicators, along with detailed fundamental analysis, to source very profitable set ups - basically I was showing off in an attempt to impress her. I then placed a position, impressing her with the size(!), acting very relaxed about the whole process. Well, this cockiness costed me £500, as my master trade was stopped in in under 20 minutes!!!
Ride the Bulls bearback!
  • #121,831
  • Feb 19, 2009 5:00am Feb 19, 2009 5:00am
I am short... at 13h30 GMT
Ride the Bulls bearback!
  • #121,832
  • Feb 19, 2009 5:00am Feb 19, 2009 5:00am
Quoting gammase1
Hahaha... Yes, I shall blame her instead! Always easier that way.
This is about who to blame (maybe a little off topic)
"Today we mourn the passing of a beloved old friend, Common Sense, who has been with us for many years. No one knows for sure how old he was, since his birth records were long ago lost in bureaucratic red tape. He will be remembered as having cultivated such valuable lessons as:

  1. Knowing when to come in out of the rain;
  2. Why the early bird gets the worm;
  3. Life isn't always fair; and maybe it was my fault.

Common Sense lived by simple, sound financial policies "don't spend more than you can earn" and reliable strategies "adults, not children, are in charge".
His health began to deteriorate rapidly when well-intentioned but overbearing regulations were set in place. Reports of a 6-year-old boy charged with sexual harassment for kissing a classmate; teens suspended from school for using mouthwash after lunch; and a teacher fired for reprimanding an unruly student, only worsened his condition.
Common Sense lost ground when parents attacked teachers for doing the job that they themselves had failed to do in disciplining their unruly children.
It declined even further when schools were required to get parental consent to administer sun lotion or an Aspirin to a student; but could not inform parents when a student became pregnant and wanted to have an abortion.
Common Sense lost the will to live as the churches became businesses; and criminals received better treatment than their victims.
Common Sense took a beating when you couldn't defend yourself from a burglar in your own home and the burglar could sue you for assault.
Common Sense finally gave up the will to live, after a woman failed to realize that a steaming cup of coffee was hot. She spilled a little in her lap, and was promptly awarded a huge settlement.
Common Sense was preceded in death, by his parents, Truth and Trust, by his wife, Discretion, by his daughter, Responsibility, and by his son, Reason.
He is survived by his 4 stepbrothers:

  1. I Know My Rights
  2. I Want It Now
  3. Someone Else Is To Blame
  4. I'm A Victim

Not many attended his funeral because so few realized he was gone. If you still remember him, pass this on. If not, join the majority and do nothing."

  • #121,833
  • Feb 19, 2009 5:02am Feb 19, 2009 5:02am
shorts are having short lives .. damn.
  • #121,834
  • Feb 19, 2009 5:02am Feb 19, 2009 5:02am
Quoting alcando
I am short... at 13h30 GMT
Hi, Al! Long time ...
Am I missing something, why short?
  • #121,835
  • Feb 19, 2009 5:02am Feb 19, 2009 5:02am
newbie here. glad i found this thread. looking to short near the 1.4425-35 area.
  • #121,836
  • Edited 5:31am Feb 19, 2009 5:05am | Edited 5:31am
Quoting biax
Locked South @ 4411 SL @ 4390 target 1st @ 4301 2rd @ 4256

will see then...
I'm in the clear area, I Don't know what cable do right now... my sell just hit with + profit.



ho hohoo, add 3 new short right now!

wakz broker set spread to 10


Attached Image (click to enlarge)
Click to Enlarge Name: short.gif Size: 27 KB
  • #121,837
  • Feb 19, 2009 5:09am Feb 19, 2009 5:09am
Heya mate. Well, it is the long term trend and a bit of potential US news and a positive start just spurs up the levels for the US short squad to kick in. I am waiting at around 14660 but happy to wait for a change in sentiment before taking a position. It is too high already for me to join longs so it is short or nought for me today.

Quoting Komissar
Hi, Al! Long time ...
Am I missing something, why short?
Ride the Bulls bearback!
  • #121,838
  • Feb 19, 2009 5:10am Feb 19, 2009 5:10am
Quoting Komissar
If you don't mind, what makes you think it will drop?
' Pips will be in his favour", what else?
  • #121,839
  • Feb 19, 2009 5:12am Feb 19, 2009 5:12am
Quoting billyray1
newbie here. glad i found this thread. looking to short near the 1.4425-35 area.
hmm. thought it would reach there on this bar and drop. scratch that. will wait for news at 8:30.
  • #121,840
  • Feb 19, 2009 5:13am Feb 19, 2009 5:13am
Quoting nAVIN2007
this is what the market is doing to me at the moment
Hi, wazzup?? My friend
.
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