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Cable Update (GBPUSD)

  • #129,641
  • Apr 15, 2009 7:32am Apr 15, 2009 7:32am
results are in favor of USD ..now let see what effects happen on market..any idea???market is stop at this moment...


Ub
  • #129,642
  • Apr 15, 2009 7:42am Apr 15, 2009 7:42am
Quoting nAVIN2007
actually im on a demo account, im treating, trading as a course to develop myself...investing in my future...6 months of this kind of trading i will go live and hopefully make a few bob .......its not easy maybe the hardest thing to conquer but hey what is

free your mind of limits is the point i was trying to make

Real and demo is really different thing. I also getting a huge pip like that since playing demo before.. You cannot feel it if you don't trade with real account and with real money because you are not worry about lost. even you said you care it as your real account.. it its impossible to apply 100% the way how you trade on demo into real.... because we are human you know..
Never look for past.. always beyond the boundary
  • #129,643
  • Apr 15, 2009 7:52am Apr 15, 2009 7:52am
U.S CPI is good news 0.2. Economic recession can end only when Stock market rises up. Stock market always recover some months before ending recession.
Give me patience
  • #129,644
  • Apr 15, 2009 7:54am Apr 15, 2009 7:54am
Quoting hardaez
Real and demo is really different thing. I also getting a huge pip like that since playing demo before.. You cannot feel it if you don't trade with real account and with real money because you are not worry about lost. even you said you care it as your real account.. it its impossible to apply 100% the way how you trade on demo into real.... because we are human you know..
i do agree however if i make the same decisions to enter trades and have stop loss and target in place and once in trade forget or at least keep away from pc..its possible i hope to achieve these results..

we grow as time evolves..i just need to evolve this way too..the problem comes with a bit of pressure decision making process changes, learning to see past the noise and seeing the big picture..one can only try
  • #129,645
  • Apr 15, 2009 7:58am Apr 15, 2009 7:58am
Quoting pipsbull
I have actually posted it in some other threads, but I see nobody noticed it here and want to shed some light, as it can save some desparate longs:
There is a PB on G/U 4hr chart. I see a good possability of it reaching the great support area @ 1,477 - 4hr ema+618FIB+TL
Just an IMHO

...good talk....but when?...remember it is not a straight market..but zigzag market
  • #129,646
  • Apr 15, 2009 8:02am Apr 15, 2009 8:02am
long signal possibly bulish engulfing formation at support , pin on 30m
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  • #129,647
  • Apr 15, 2009 8:04am Apr 15, 2009 8:04am
Quoting nAVIN2007
long signal possibly bulish engulfing formation at support , pin on 30m
events are in favor of USD so how can we look for bullish.....let see what will be impact on market

Ub
  • #129,648
  • Apr 15, 2009 8:07am Apr 15, 2009 8:07am
Quoting ubaidahsan
events are in favor of USD so how can we look for bullish.....let see what will be impact on market

Ub
time will tell
the news was in favor of USD thats why we fell to support...price is holding at this base to go higher, if u trade news yur trading emotions...
  • #129,649
  • Apr 15, 2009 8:09am Apr 15, 2009 8:09am
There is a little doji candle on 1h, i think its going up again now.
  • #129,650
  • Apr 15, 2009 8:18am Apr 15, 2009 8:18am
H & S forming on 15M. I do treat them with less significance on smaller time frames....
  • #129,651
  • Apr 15, 2009 8:19am Apr 15, 2009 8:19am
I see another test of 1.50 as inevitable.
Probability Professor
  • #129,652
  • Apr 15, 2009 8:21am Apr 15, 2009 8:21am
Quoting Galation
I see another test of 1.50 as inevitable.
Hope so im still long from earlier
  • #129,653
  • Apr 15, 2009 8:28am Apr 15, 2009 8:28am
Quoting Galation
I see another test of 1.50 as inevitable.
Agreed. This ain't over yet. Just like it wasn't yesterday
How've you been my friend .. been a while
Thank You
  • #129,654
  • Apr 15, 2009 8:34am Apr 15, 2009 8:34am
need to becarefull here...4hr candle shouldnt be a pin if long cause it likely to sink to next area 1.4850
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  • #129,655
  • Apr 15, 2009 8:34am Apr 15, 2009 8:34am
And the higher this gets, the more we're losing sights on those lower levels (4500 & below). 47xx & 4600 levels are now strong supports. Good luck.

p/s : Nav, good to have you back mate
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Thank You
  • #129,656
  • Apr 15, 2009 8:35am Apr 15, 2009 8:35am
Quoting wormboy
And the higher this gets, the more we're losing sights on those lower levels (4500 & below). 47xx & 4600 levels are now strong supports. Good luck.

p/s : Nav, good to have you back mate
  • #129,657
  • Apr 15, 2009 8:46am Apr 15, 2009 8:46am
Quoting hardaez
Real and demo is really different thing. I also getting a huge pip like that since playing demo before.. You cannot feel it if you don't trade with real account and with real money because you are not worry about lost. even you said you care it as your real account.. it its impossible to apply 100% the way how you trade on demo into real.... because we are human you know..
Navin has real trading experience. Don't be fooled by that demo acct he's on, he has much to offer.
Thank You
  • #129,658
  • Apr 15, 2009 8:49am Apr 15, 2009 8:49am
Quoting wormboy
Navin has real trading experience. Don't be fooled by that demo acct he's on, he has much to offer.
thank u brother..u know coming from a man of your technical ability that really is a compliment
  • #129,659
  • Apr 15, 2009 8:50am Apr 15, 2009 8:50am
Quoting wormboy
Agreed. This ain't over yet. Just like it wasn't yesterday
How've you been my friend .. been a while
I'm good mate, I've had a good bank holiday. Yesterday I went to the Royal Albert Hall to see The London Philamonic Orchestra play Lord of the Rings! Sometimes I prefer just to trade without being on the internet, so I haven't really been on the forums. Made a shed load of money though.

How is your trading going?
Probability Professor
  • #129,660
  • Apr 15, 2009 8:52am Apr 15, 2009 8:52am
still bullish
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