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Cable Update (GBPUSD)

  • #122,081
  • Feb 20, 2009 12:18am Feb 20, 2009 12:18am
Hi all,

Any good pending orders opened now? Any good strategy to enter position today sofia or abuawad? Need your guidances Cheers. Green pips to all.
  • #122,082
  • Feb 20, 2009 12:24am Feb 20, 2009 12:24am
Quoting Gainmoney
Hi all,

Any good pending orders opened now? Any good strategy to enter position today sofia or abuawad? Need your guidances Cheers. Green pips to all.

With all due respect....... you arent one of those ppl thats just on here begging for trade signals are you?
  • #122,083
  • Feb 20, 2009 12:27am Feb 20, 2009 12:27am
Quoting joemiami
With all due respect....... you arent one of those ppl thats on here for free trade signals are you?
I am.
  • #122,084
  • Feb 20, 2009 12:27am Feb 20, 2009 12:27am
Hi everyone. Newbie. Been following the forum for sometime. Seen some good guidance and opinions. Still trying to learn the charts bit sometimes very confusing and unsure. Still long way to go. Trading live with minilots. So far no much success 50/50 and the money getting less. Not disciplined enough. Listening to much to the voice in the head. Hope to get it right so that can be included in the 5% of successful traders.
  • #122,085
  • Feb 20, 2009 12:33am Feb 20, 2009 12:33am
Quoting pepper
I am.
At least your honest about it......as long as your trying to learn proper techniques to eventually be a lil more self dependant. Thats all....
  • #122,086
  • Feb 20, 2009 12:34am Feb 20, 2009 12:34am
Ok, Ive been long since 4215....looking for 4300 profit target
  • #122,087
  • Feb 20, 2009 12:45am Feb 20, 2009 12:45am
Past few days had very exciting London opening. Anybody has idea how its going to be today. I think its going to shoot upto 427/8+
  • #122,088
  • Feb 20, 2009 12:50am Feb 20, 2009 12:50am
Quoting fxcraze
Past few days had very exciting London opening. Anybody has idea how its going to be today. I think its going to shoot upto 427/8+
Yesterday drained me out, emotionally I mean. Glad I held to my guns. Down periscope.
Good luck to everyone.
Thank You
  • #122,089
  • Feb 20, 2009 1:17am Feb 20, 2009 1:17am
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

I found this book useful. It said by the time you finish reading it you will stop. I read a chapter every month...but once I finished I stopped cold turkey.

http://www.amazon.com/Easy-Way-Stop-.../dp/0572028512
  • #122,090
  • Feb 20, 2009 1:23am Feb 20, 2009 1:23am
Looks like the wee little fundamental sentiment comment made by Jon Grieve of the BOE last night that Britain is headed for a Decade long depression may help this bear run continue today... No longs for me...
Ride the Bulls bearback!
  • #122,091
  • Feb 20, 2009 1:30am Feb 20, 2009 1:30am
Quoting alcando
Looks like the wee little fundamental sentiment comment made by Jon Grieve of the BOE last night that Britain is headed for a Decade long depression may help this bear run continue today... No longs for me...
Thanks for mentioning that, I had missed it. I trade the charts but a comment like that is worth knowing all the same
  • #122,092
  • Feb 20, 2009 1:38am Feb 20, 2009 1:38am
Yes, She is slow and not pulling back much for late entries so I have shorted off 14240. It may pull back ahead of the retail sales but I am banking on a push at the London open in 20 min.


Quoting ezodisy
Thanks for mentioning that, I had missed it. I trade the charts but a comment like that is worth knowing all the same
Ride the Bulls bearback!
  • #122,093
  • Feb 20, 2009 1:44am Feb 20, 2009 1:44am
If breaks 1.4187/88 and then M15 closes below it might be go down untill the 2nd target Abuawad platform 1.4070, if not will pull back to at least 1.4255.
Based on my experience within a week, I'll watch untill the 2nd target is hit ! As long as the PA only moves in the 1st target ( short or long), I'll stand a side ! In this current sitation who will entry should be ready with SL - 50/60 pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,094
  • Feb 20, 2009 1:51am Feb 20, 2009 1:51am
JammerJams. . As what I told you ... it goes to south. It just I couldn't explain the analysis. It is through my observation from the chart
  • #122,095
  • Feb 20, 2009 1:54am Feb 20, 2009 1:54am
Perhaps... it takes time for me to be like you guys. JammerJams, Sofia, abuawad, EOhaters
  • #122,096
  • Feb 20, 2009 1:58am Feb 20, 2009 1:58am
Quoting Myman
JammerJams. . As what I told you ... it goes to south. It just I couldn't explain the analysis. It is through my observation from the chart
Well...if it does breakdown below the 4180 level..we may see 4100 as the next bottom...and if it breaks that..40xx is realistic...but gotta get to that hurdle first.

we shall know immediate direction shortly...

going to brew a fresh batch of java....no serious decisions until my first cup is gone...
  • #122,097
  • Feb 20, 2009 2:18am Feb 20, 2009 2:18am
I just chewed on a nice little morsel of u/j

broke through that tough 94.0x level...

oh and we are now working on a nice newer low for g/u....
move them S/L just in case..but i dont think its going to jerk up..until we are in a nice move around 413x if we reach and keep that 417x candle and keep it.. to start a new candle..then...down we go..

I locked my short already for a nice +40. just watch for PA to define our new low/high
  • #122,098
  • Feb 20, 2009 2:20am Feb 20, 2009 2:20am
Confirmed go down fasten seat belt !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,099
  • Feb 20, 2009 2:21am Feb 20, 2009 2:21am
down we go right now i think
  • #122,100
  • Feb 20, 2009 2:25am Feb 20, 2009 2:25am
Quoting Myman
Perhaps... it takes time for me to be like you guys. JammerJams, Sofia, abuawad, EOhaters
well my dear friend myman...we all have potential...just gotta find your own approach. believe in it and dont let any info off this chat room jerk you off center...remember..all our chatty noise is just confirmation or data in order to support or question our own approach. the majic word is "our own approach"

oh..just to let you know..the 43x level i am watching is defined by PA and a sweet little trend line touching all those lows since Feb 12th. just project them

fyi..my SL for the g/u is hit...out till next level is breeched..that is below 413x at best..
good luck...
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