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Cable Update (GBPUSD)

  • #134,781
  • May 29, 2009 8:53am May 29, 2009 8:53am
Quoting sreeprakash
Cant say, still on upside track...
We can see 6700 level in a few days..
yes agree with u also..we can see it upto 1.7000 again but not now..still have a chance to decline in 5750-5800 area...
  • #134,782
  • May 29, 2009 8:58am May 29, 2009 8:58am
Quoting sreeprakash
Cant say, still on upside track...
We can see 6700 level in a few days..
Impossible.....Show me any TA that gives you that...............
Let Price determine your future!
  • #134,783
  • May 29, 2009 9:09am May 29, 2009 9:09am
Quoting Richalok
after loosing all money in forex... i decide forex have only losses.. stock market is good more than forex....
high risk high gain...yes im afraid to with it.
keep learn will make our system better
- Always pray on your trading - God know the best for everyone
  • #134,784
  • May 29, 2009 9:11am May 29, 2009 9:11am
It`s possible.
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  • #134,785
  • May 29, 2009 9:17am May 29, 2009 9:17am
welcoming 6200
- Always pray on your trading - God know the best for everyone
  • #134,786
  • May 29, 2009 9:17am May 29, 2009 9:17am
long from 1.5960 and i am riding the wave l
Quoting forexwar
we are on the sidelines but imagine there is no lines and only the price .it can go up to 1.62 and it has enough steam to blow even 1.62 out .breakout wont be more than 250 pips.
  • #134,787
  • May 29, 2009 9:18am May 29, 2009 9:18am
1.62 - Come on down, THE PRICE IS RIGHT.
You've got to be IN IT to WIN IT!
  • #134,788
  • May 29, 2009 9:18am May 29, 2009 9:18am
Quoting Richalok
after loosing all money in forex... i decide forex have only losses.. stock market is good more than forex....
That's because you freaking shorted GBP/USD, you don't know how to trade forex and you don't know how to manage your money.
When I buy it, it moves down. When I sell it, it moves up.
  • #134,789
  • May 29, 2009 9:29am May 29, 2009 9:29am
I WISH I was awake for last nights London session. UGH. I traded the Asian and went to sleep.


Quoting Richalok
after loosing all money in forex... i decide forex have only losses.. stock market is good more than forex....
If you "lose all your money" in Forex, you will "lose all your money" in the stock market. Money management and psychology are the biggest parts of trading - whether it's forex, stocks, commodities futures, etc. Trading is trading.
  • #134,790
  • May 29, 2009 9:41am May 29, 2009 9:41am
Quoting Ifty
Really? There is still scope for it to move down a little. Hope it works out.
it works out just fine , hope to see 1.2xx by end of the day ???
  • #134,791
  • May 29, 2009 9:41am May 29, 2009 9:41am
guyz anyone think it is possible to see gu bear at .62. what cld be the probability?
  • #134,792
  • May 29, 2009 9:44am May 29, 2009 9:44am
market out of control today...beware...
either you want to short or buy..
in GU n EU i have observed it.

trend is still uptrend
- Always pray on your trading - God know the best for everyone
  • #134,793
  • May 29, 2009 9:46am May 29, 2009 9:46am
Quoting kingindian
market out of control today...beware...
either you want to short or buy..
in GU n EU i have observed it.

trend is still uptrend
trend on d1 and h1 i mean, according to my pivot rest system it already hit 3 resistance (break it i mean)
highest is 6198.

chart? sorry cant post it...(my time is tight)
- Always pray on your trading - God know the best for everyone
  • #134,794
  • May 29, 2009 9:57am May 29, 2009 9:57am
Am loading a buy at 1.6110 cos it will surely retrace down before the gun start moving up. Time will tell guyz
  • #134,795
  • May 29, 2009 10:21am May 29, 2009 10:21am
Quoting latropsudoxe
I WISH I was awake for last nights London session. UGH. I traded the Asian and went to sleep.




If you "lose all your money" in Forex, you will "lose all your money" in the stock market. Money management and psychology are the biggest parts of trading - whether it's forex, stocks, commodities futures, etc. Trading is trading.
Very very very agreee... this is very true, and i already experienced it more than one time.. money management is important in every trading plus no emotion involve, more trade u enter more risk u put into your account, stay sharp and stay logic is better than mastering technical skill without all of it.
  • #134,796
  • May 29, 2009 10:22am May 29, 2009 10:22am
Long at 1.6148 target at 1.6173 SL 30 pips
Let Price determine your future!
  • #134,797
  • May 29, 2009 10:33am May 29, 2009 10:33am
Quoting kingindian
market out of control today...beware...
either you want to short or buy..
in GU n EU i have observed it.

trend is still uptrend
Market is never out of control.
It's always UNDER the control of the big bullies, the deep pockets...
  • #134,798
  • May 29, 2009 10:34am May 29, 2009 10:34am
im off
bye all.
well again i said to beware...end of week end of month..if something happened nothing can help (because market almost closed)....
- Always pray on your trading - God know the best for everyone
  • #134,799
  • May 29, 2009 11:28am May 29, 2009 11:28am
Quoting mloistianto
Very very very agreee... this is very true, and i already experienced it more than one time.. money management is important in every trading plus no emotion involve, more trade u enter more risk u put into your account, stay sharp and stay logic is better than mastering technical skill without all of it.
yes, any1 can make money in trading but only a few can actually keep it ...this is the trap that most people fall for and get hooked
  • #134,800
  • May 29, 2009 1:13pm May 29, 2009 1:13pm
Who woulda wondered that one day this thread would be at the second page while euro's would be packed up ?

Yeahhh.... Cable has become the biggest co#$@sucker in the history of the big co#$@$suckers.

The shit has changed, but the flies remain the same: people shorting euro all the way up from 1.32 to 1.41
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