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Cable Update (GBPUSD)

  • #122,061
  • Feb 19, 2009 10:47pm Feb 19, 2009 10:47pm
Quoting eohater
Golatigo,

What are you seeing my friend?
Just got home and sat down to take a look.
Already got my 500 pips for the week, so won't be
doing much for tradin unless it jumps up and slaps me
up side the head. That and i haven't have time to look
for much just yet. been gone all day

I did see my golf game stink up the course today though
AND today is day # 4 with no cigs - quiting that habit - I Hope

How you doin? seein anything???
  • #122,062
  • Feb 19, 2009 10:50pm Feb 19, 2009 10:50pm
The dollar index has had a bullish run so far. Above 88.23/43 hopfully it continues topside. In after hours trading, the DOW is below its daily close as well.

Strengthens the bearish bias for now.
  • #122,063
  • Feb 19, 2009 10:51pm Feb 19, 2009 10:51pm
Quoting golatigo
Just got home and sat down to take a look.
Already got my 500 pips for the week, so won't be
doing much for tradin unless it jumps up and slaps me
up side the head. That and i haven't have time to look
for much just yet. been gone all day

I did see my golf game stink up the course today though
AND today is day # 4 with no cigs - quiting that habit - I Hope

How you doin? seein anything???
Congratulations across the board! You've made quota, you played golf today, and your on day 4 of no cigs!!

I see it pulling back to around 429x to 427x before continuing the journey south. I'm currently short, quota has almost been made for the week and I need to tackle the no smoking.

I understand you might of had a bad day on the course today, but I had 20 degree weather today, so I'm jealous.
Just digging in the trenches like everyone else!
  • #122,064
  • Feb 19, 2009 10:57pm Feb 19, 2009 10:57pm
Quoting Magix
Hedged my last lot as a precaution, stop loss on long tripped @ 1.4260, where trend line was on the chart...sitting green a few bone...

Thanks for the advice though, I am just a smart ass, hope I didn't offend.

PS fellow Canuck here....Flames territory
Ontarioooo
  • #122,065
  • Feb 19, 2009 10:58pm Feb 19, 2009 10:58pm
Quoting jack.canadia
The dollar index has had a bullish run so far. Above 88.23/43 hopfully it continues topside. In after hours trading, the DOW is below its daily close as well.

Strengthens the bearish bias for now.

Jack, could you post your daily chart on the DOW? I still haven't downloaded the metatrader you use. Matter of fact, could you post the site again?

Thank you!
EO
Just digging in the trenches like everyone else!
  • #122,066
  • Feb 19, 2009 11:02pm Feb 19, 2009 11:02pm
Quoting eohater
Lower lows and lower highs is a good analysis, but candles are better.

Take a look at your 15m chart. Tell me what you think of the last closed candle.

Good setup here is a long around 4220 with SL at 4200 targeting 4275. Good R:R trade.
BTW: If we get a close on the 15m below 4215, then this trade setup has been voided.
Just digging in the trenches like everyone else!
  • #122,067
  • Feb 19, 2009 11:04pm Feb 19, 2009 11:04pm
Quoting eohater
Jack, could you post your daily chart on the DOW? I still haven't downloaded the metatrader you use. Matter of fact, could you post the site again?

Thank you!
EO

http://www.forexltd.co.uk/trade/mt4

no problem!
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  • #122,068
  • Edited 11:21pm Feb 19, 2009 11:09pm | Edited 11:21pm
Quoting eohater
I can see a trip back to 429x in the brewing. Careful with your shorts everyone!
Touches you strong supprot level 1st bro, 1,4188/202 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,069
  • Feb 19, 2009 11:11pm Feb 19, 2009 11:11pm
Quoting jack.canadia
http://www.forexltd.co.uk/trade/mt4

no problem!
Thanks bro!
Just digging in the trenches like everyone else!
  • #122,070
  • Feb 19, 2009 11:14pm Feb 19, 2009 11:14pm
Quoting manize
Touches you strong supprot level 1st bro, 1,4188 !
My 2nd TP on my shorts is just below 4188.
Just digging in the trenches like everyone else!
  • #122,071
  • Feb 19, 2009 11:16pm Feb 19, 2009 11:16pm
[quote=eohater;2552795]Congratulations across the board! You've made quota, you played golf today, and your on day 4 of no cigs!!

I see it pulling back to around 429x to 427x before continuing the journey south.

427ish to 429ish - I think thats very possible, but don't see it going a whole lot lower the it is - maybe 415ish - before NY, though none of us really know. We just hope we get on the right bus

I need to tackle the no smoking.

I've been smoking for 35 plus years, just got tired of it, even though I do like to smoke. Was 1.5 packs or better a day and forex does not help that. Last week cut back to two packs for the whole week and Sunday I had one left - smoked it and haven't had another since then. My lungs already feel better. Go ahead and try - won't hurt ya!

I understand you might of had a bad day on the course today, but I had 20 degree weather today, so I'm jealous.

I thought you were in Florida? It was not warm here, about 55 F, but the sun was out and no rain. Going to Mazatlan in a couple weeks. Hope like heck I play better then. - lots of rust today - drives were good - but my short game sucked!!!
  • #122,072
  • Feb 19, 2009 11:21pm Feb 19, 2009 11:21pm
Best of luck in the London session. I need to get sleep tonight.

If you are bored, here are some videos that have formed the basis of how I trade. Found a recent one on gaps as well. Enjoy!

Support (Demand) and Resistance (Supply) ... http://transcripts.fxstreet.com/2008...what-is-r.html (A MUST!) Watch this first.

Conventional Chart Patterns ... http://transcripts.fxstreet.com/2008...tional-ch.html

Gaps in FX ... http://transcripts.fxstreet.com/2009...x-markets.html

Pivot Points ... http://transcripts.fxstreet.com/2009...ot-points.html (personal favourite)

1-2-3 Pattern ... http://transcripts.fxstreet.com/2008...t-pattern.html


Until Sunday.

ciao.
  • #122,073
  • Feb 19, 2009 11:21pm Feb 19, 2009 11:21pm
Quoting golatigo
Congratulations across the board! You've made quota, you played golf today, and your on day 4 of no cigs!!

I see it pulling back to around 429x to 427x before continuing the journey south.

427ish to 429ish - I think thats very possible, but don't see it going a whole lot lower the it is - maybe 415ish - before NY, though none of us really know. We just hope we get on the right bus

I need to tackle the no smoking.

[i][b]I've been smoking for 35 plus years, just got tired of it, even though I do like...
I want to try, but I have this whole I'm not a quitter mentality.. I've tried numerous times, I've been considering again, now I need to take action.

Your' going to have a great vaca in Mazatlan! The short game is always the first to go. It's the touch and feel that we loose the quickest. I have a condo in FL, but I reside in Indiana, so we're still dealing with winter. Ice storms are about to be among us come March. I'll play golf sometime in March, and then game on in April.
Just digging in the trenches like everyone else!
  • #122,074
  • Feb 19, 2009 11:28pm Feb 19, 2009 11:28pm
Quoting jack.canadia
Best of luck in the London session. I need to get sleep tonight.

If you are bored, here are some videos that have formed the basis of how I trade. Found a recent one on gaps as well. Enjoy!

Support (Demand) and Resistance (Supply) ... http://transcripts.fxstreet.com/2008...what-is-r.html (A MUST!) Watch this first.

Conventional Chart Patterns ... http://transcripts.fxstreet.com/2008...tional-ch.html

Gaps in FX ... http://transcripts.fxstreet.com/2009...x-markets.html...
See ya Jack! Thanks for sharing the software link again. I'll like having these charts.

Don't forget, we still have US tomorrow. Hope to see you there!
Just digging in the trenches like everyone else!
  • #122,075
  • Feb 19, 2009 11:30pm Feb 19, 2009 11:30pm
At the half...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #122,076
  • Feb 19, 2009 11:41pm Feb 19, 2009 11:41pm
Quoting golatigo
Just got home and sat down to take a look.
Already got my 500 pips for the week, so won't be
doing much for tradin unless it jumps up and slaps me
up side the head. That and i haven't have time to look
for much just yet. been gone all day

I did see my golf game stink up the course today though
AND today is day # 4 with no cigs - quiting that habit - I Hope

How you doin? seein anything???
Congratulations on none smoking I still have to work on this especially because I am planing to move to California from Florida their no smoking anywhere there
  • #122,077
  • Feb 19, 2009 11:42pm Feb 19, 2009 11:42pm
Quoting eohater
I want to try, but I have this whole I'm not a quitter mentality.. I've tried numerous times, I've been considering again, now I need to take action.

Your' going to have a great vaca in Mazatlan! The short game is always the first to go. It's the touch and feel that we loose the quickest. I have a condo in FL, but I reside in Indiana, so we're still dealing with winter. Ice storms are about to be among us come March. I'll play golf sometime in March, and then game on in April.
LOl I am not the quitter too
  • #122,078
  • Feb 19, 2009 11:44pm Feb 19, 2009 11:44pm
Quoting sofia101
Congratulations on none smoking I still have to work on this especially because I am planing to move to California from Florida their no smoking anywhere there

Thank You Sofia - it's not easy but it is worth it in the long run!
  • #122,079
  • Feb 20, 2009 12:08am Feb 20, 2009 12:08am
Hi all,

Good morning. I made few losing trades last night. Not patient enough. This was the second time in 3 months time it has came to haunt me. ><
Hope today I wont make the same mistake again, not for the 3rd time!
  • #122,080
  • Feb 20, 2009 12:17am Feb 20, 2009 12:17am
Sofia, what part of Cali you moving to ?
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