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Cable Update (GBPUSD)

  • #141,981
  • Jul 2, 2009 3:43am Jul 2, 2009 3:43am
Hi Graship,

It is nice to watch your explanation and suggestions. Is there any chance you will tell what NFP means? Aslo you might know what dose mean: ATM, utl, ltl ...? It will be great to know and learn from you.

Thank you
LT
Quoting grashid
My perdiction was...tonoght NFP will bring us @ 38.2% =1.6130/40 while waiting H4 close below 1.6375 area (S2)..if not tomorrow...

H1 as per what worm boy explain...

H4&Weekly as per my attachment chart...
Discomfort and profit often stand side by side
  • #141,982
  • Jul 2, 2009 3:48am Jul 2, 2009 3:48am
Quoting LondonTrader
Hi Graship,

It is nice to watch your explanation and suggestions. Is there any chance you will tell what NFP means? Aslo you might know what dose mean: ATM, utl, ltl ...? It will be great to know and learn from you.

Thank you
LT
NFP= Non Farm payroll
( The most significance news in Forex/stock/futures etc Market )
Meaning of NFP :-
The employment situation is a set of labor market indicators. The unemployment rate measures the number of unemployed as a percentage of the labor force. Nonfarm payroll employment counts the number of paid employees working part-time or full-time in the nation's business and government establishments. The average workweek reflects the number of hours worked in the nonfarm sector. Average hourly earnings reveal the basic hourly rate for major industries as indicated in nonfarm payrolls

ATM= at the moment
UTL= Upper trend line
LTL=Lower trend line

Go to this link http://www.ibfx.com/news/economiccalendar.aspx

and see what NFP is talking about....any additional help needed just PM me..i'll try to help as much i can ....Cheers
  • #141,983
  • Jul 2, 2009 3:50am Jul 2, 2009 3:50am
Quoting grashid
My perdiction was...tonoght NFP will bring us @ 38.2% =1.6130/40 while waiting H4 close below 1.6375 area (S2)..if not tomorrow...

H1 as per what worm boy explain...

H4&Weekly as per my attachment chart...

Thanks bro grashid...
I'm seeing it also
  • #141,984
  • Jul 2, 2009 3:52am Jul 2, 2009 3:52am
Quoting grashid
NFP= Non Farm payroll
( The most significance news in Forex/stock/futures etc Market )
Meaning of NFP :-
The employment situation is a set of labor market indicators. The unemployment rate measures the number of unemployed as a percentage of the labor force. Nonfarm payroll employment counts the number of paid employees working part-time or full-time in the nation's business and government establishments. The average workweek reflects the number of hours worked in the nonfarm sector. Average hourly earnings reveal the basic hourly rate for major...
Really you are a helpful and kind person
  • #141,985
  • Jul 2, 2009 3:55am Jul 2, 2009 3:55am
Quoting Exciter135
Hi Grashid,

could u share me the alert arrow indi or show me where I can I find it and its name?
PM me or u can get it from this thread
http://www.forexfactory.com/showthread.php?t=40582

...Just click on the top right (as per pink box ) and find 'sweet spot finder'..u can explore ther and find what ever indicator or EA as much as you like...Cheers
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  • #141,986
  • Jul 2, 2009 3:58am Jul 2, 2009 3:58am
Quoting grashid
PM me or u can get it from this thread
http://www.forexfactory.com/showthread.php?t=40582

...Just click on the top right (as per pink box ) and find 'sweet spot finder'..u can explore ther and find what ever indicator or EA as much as you like...Cheers
bro i find it here is another link please check is it ok???

http://www.forexfactory.com/showthread.php?t=76828

http://www.forexfactory.com/showthread.php?p=2781830 here is another link and bro is it yours right??please check

Ub
  • #141,987
  • Jul 2, 2009 4:02am Jul 2, 2009 4:02am
Thank you very much. Indeed

PM...hm what does mean?
Regards,
Lt

Quoting grashid
NFP= Non Farm payroll
( The most significance news in Forex/stock/futures etc Market )
Meaning of NFP :-
The employment situation is a set of labor market indicators. The unemployment rate measures the number of unemployed as a percentage of the labor force. Nonfarm payroll employment counts the number of paid employees working part-time or full-time in the nation's business and government establishments. The average workweek reflects the number of hours worked in the nonfarm sector. Average hourly earnings reveal the basic hourly rate for major...
Discomfort and profit often stand side by side
  • #141,988
  • Jul 2, 2009 4:08am Jul 2, 2009 4:08am
Quoting LondonTrader
Thank you very much. Indeed

PM...hm what does mean?
Regards,
Lt

PM= private message

  • #141,989
  • Jul 2, 2009 4:14am Jul 2, 2009 4:14am
Quoting pino2
Really you are a helpful and kind person
seldom seeing you lately...hows life...

no mate ..am just helping newbies as what i can...i just do the same thing like what some of us do...anyway see u then mate in NFP tonight as no new entry to me...all GU and GY I locked it at my daily pivot and am just close my 157.90 short inlast few day with 0 pips just now....let my 159.4-159.8 for GY (since last few week) and 1.6483-1.6535 shorting yesterday run by itself...take care mate
  • #141,990
  • Jul 2, 2009 4:19am Jul 2, 2009 4:19am
Thank you
LT
Quoting akumelayu

PM= private message

Discomfort and profit often stand side by side
  • #141,991
  • Jul 2, 2009 4:19am Jul 2, 2009 4:19am
Quoting ubaidahsan
bro i find it here is another link please check is it ok???

http://www.forexfactory.com/showthread.php?t=76828

http://www.forexfactory.com/showthread.php?p=2781830 here is another link and bro is it yours right??please check

Ub
ya mate..thanks a lot for helping me...i need more time to find it as at that time am only in a few hundred post.....sure i need more time to go one by one....Anyway your helping is much much appreciated....
  • #141,992
  • Jul 2, 2009 4:25am Jul 2, 2009 4:25am
Quoting grashid
seldom seeing you lately...hows life...

no mate ..am just helping newbies as what i can...i just do the same thing like what some of us do...anyway see u then mate in NFP tonight as no new entry to me...all GU and GY I locked it at my daily pivot and am just close my 157.90 short inlast few day with 0 pips just now....let my 159.4-159.8 for GY (since last week) and 1.6483-1.6535 shorting yesterday run by itself...take care mate
Good luck in your trades, I have some short trades for GU @ 1.65xx area still open since yesterday in addition to some short trades for GJ @ 159 and 158 areas, I still didn't set the target for those trades, SL for all is +10 at the moment
  • #141,993
  • Jul 2, 2009 4:27am Jul 2, 2009 4:27am
I am long from 1.6328 locked at +10 I also have a shorts at 1.6732 and 1.6681
  • #141,994
  • Jul 2, 2009 4:28am Jul 2, 2009 4:28am
Quoting pino2
Good luck in your trades, I have som short trades for GU @ 1.65xx area still open since yesterday in addition to some short trades for GJ @ 159 and 158 areas, I still didn't set the target for those trades, SL for all is +10 at the moment
ya as NFP can be the other way around like last month right...but am trying 155.50 for one GY and 1.6150 for one GU first...see what happen tonight..the remaining will play trailing stop if she dropping like hell tonight..if not nothing loose...k mate ..c ya
  • #141,995
  • Jul 2, 2009 4:44am Jul 2, 2009 4:44am
Quoting Bull_Bear
Time to buy.... dame it hate it when that happens, when I'm in the right direction than I change. Not to worry, such as life...

Buy @ 1.6505..... SL 1.6360.....TP open
Took a small hit and reversed to short @ 1.6489 -15pips as auto trade took over in my sleep..... apologies was not awake to make a reverse call.
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #141,996
  • Jul 2, 2009 4:49am Jul 2, 2009 4:49am
  •  sloof
  • | Joined Apr 2009 | Status: Birejji (ビレッジ) ►FOREX◄ | 141 Posts
Quoting Bull_Bear
Took a small hit and reversed to short @ 1.6489 -15pips as auto trade took over in my sleep..... apologies was not awake to make a reverse call.
looks as though you'll get another reversal call for the upside soon
  • #141,997
  • Jul 2, 2009 4:51am Jul 2, 2009 4:51am
Quoting sloof
looks as though you'll get another reversal call for the upside soon
Not yet still holding short, however SL is @ BE.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #141,998
  • Jul 2, 2009 4:52am Jul 2, 2009 4:52am
Quoting Bull_Bear
Not yet still holding short, however SL is @ BE.
what area you targeting or is it open ended?
Keep It Simple Stupid
  • #141,999
  • Jul 2, 2009 4:58am Jul 2, 2009 4:58am
Quoting Alastair
what area you targeting or is it open ended?
I'm targeting the 1.6200 area, only problem is I don't like NFP trading, simply because it's just hit and miss, however tonight I will risk it.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #142,000
  • Jul 2, 2009 5:05am Jul 2, 2009 5:05am
Quoting Bull_Bear
I'm targeting the 1.6200 area, only problem is I don't like NFP trading, simply because it's just hit and miss, however tonight I will risk it.
If running 4H candle close above 6400, i think she will go up
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