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Cable Update (GBPUSD)

  • #143,701
  • Jul 7, 2009 9:57am Jul 7, 2009 9:57am
Quoting LizardGizzard
NEVER EVER EVER ask or take advice from ANYONE on an internet forum. This is just a place to shoot the breeze about the trades.
well...it depends on who reply my question...
and malcomb is not just anyone...
  • #143,702
  • Jul 7, 2009 10:00am Jul 7, 2009 10:00am
Quoting lUnk2
short again @ 6150 TP 6130...
take the rebounce...
Lucky you! Didnt print 6150 bid with my broker so didnt get filled. Still patience is the key!
  • #143,703
  • Jul 7, 2009 10:00am Jul 7, 2009 10:00am
Quoting malcolmb14
jack .... you got balls out jean on ... go to you tube type balls out jean in search you will get the joke
i had balls yesterday when i bought at 6115 too .. same ones are there today lol

hence the 20 pip SL at 6090.

i always assume the support or resistance wont break and take the trade. if im wrong, i lose about 20, then i get in on the breakout trade and make ooodles more
  • #143,704
  • Jul 7, 2009 10:01am Jul 7, 2009 10:01am
Quoting malcolmb14
bear strong .... wait for bounce then sell rallies .. been working for me so far today.

those bars highlighted are no demand bars = no buyer interested . Note on the up moves they come at lower highs . This mean buyers are losing interest fast /. I would not be surprised to see Gu test 1.6000 before or durng asia.
What's up Mal? I see you holding it down over here on the cable thread now. Hello everyone. Looks like I missed all the fun again.
"Don't trade to trade . . . trade to win." - James16
  • #143,705
  • Jul 7, 2009 10:03am Jul 7, 2009 10:03am
Quoting goga
well...it depends on who reply my question...
and malcomb is not just anyone...
Malcomb may be a fantastic trader, but his account size, time frame, and psychological mindset will be different than yours. You will never learn anything by blindly following suggestions. Sorry if I sound harsh, but I'm trying to save you some pain. If you plan to be trading several years from now, will you still be seeking advice from FF? I don't think so, so why bother.
There's always money in the banana stand.
  • #143,706
  • Jul 7, 2009 10:04am Jul 7, 2009 10:04am
Quoting lUnk2
short again @ 6150 TP 6130...
take the rebounce...
I'm actually in the same trade except I didn't make it in until 6143. Moved SL to +1 just in case.
  • #143,707
  • Jul 7, 2009 10:06am Jul 7, 2009 10:06am
Quoting lucashammer
I'm actually in the same trade except I didn't make it in until 6143. Moved SL to +1 just in case.
Stopped at my +1... Damn. Trying to make some money back from earlier today.
  • #143,708
  • Jul 7, 2009 10:11am Jul 7, 2009 10:11am
Quoting lucashammer
Stopped at my +1... Damn. Trying to make some money back from earlier today.
take a shot again bro...
hohooho..
same place...
Juz a newbie learn to get rich.
  • #143,709
  • Jul 7, 2009 10:13am Jul 7, 2009 10:13am
Quoting LizardGizzard
NEVER EVER EVER ask or take advice from ANYONE on an internet forum. This is just a place to shoot the breeze about the trades.
I totally agree. Been reading the forum and trading as i do. If i had of follow the crowd here, losses assured. There are a few guys here that know what they are doing. you need to work-out who they are.

Goodluck
  • #143,710
  • Jul 7, 2009 10:16am Jul 7, 2009 10:16am
Quoting lucashammer
I'm actually in the same trade except I didn't make it in until 6143. Moved SL to +1 just in case.
Just got filled SHORT 6154, stop at 6194 and TP1 is at 6114...be interesting to so if 6174 Murray Math Line holds or whether we will now dive down to below strong support off 6110
  • #143,711
  • Jul 7, 2009 10:16am Jul 7, 2009 10:16am
Quoting jack.canadia
i had balls yesterday when i bought at 6115 too .. same ones are there today lol

hence the 20 pip SL at 6090.

i always assume the support or resistance wont break and take the trade. if im wrong, i lose about 20, then i get in on the breakout trade and make ooodles more

nice trade ... nothing in the volume showing a buy there so i did not take it. I think sellers just having breakfast lol .
Blogging daily now at www.volume.zone
  • #143,712
  • Jul 7, 2009 10:31am Jul 7, 2009 10:31am
Quoting LizardGizzard
Malcomb may be a fantastic trader, but his account size, time frame, and psychological mindset will be different than yours. You will never learn anything by blindly following suggestions. Sorry if I sound harsh, but I'm trying to save you some pain. If you plan to be trading several years from now, will you still be seeking advice from FF? I don't think so, so why bother.
true enough and good words . Give any 2 traders the same system / technique both will have differing sucess with it. This is based on mind set , money management etc

Forums are all about learning from each other and then formulating your own system.
Blogging daily now at www.volume.zone
  • #143,713
  • Jul 7, 2009 10:34am Jul 7, 2009 10:34am
Quoting malcolmb14
nice trade ... nothing in the volume showing a buy there so i did not take it. I think sellers just having breakfast lol .
Hopefully they will continue selling after breakfast!
Great Bodies are Engineered not Born
  • #143,714
  • Jul 7, 2009 10:50am Jul 7, 2009 10:50am
Quoting RichLadyFX
Hopefully they will continue selling after breakfast!
i hope so...
lets pray...
midnight here...
Juz a newbie learn to get rich.
  • #143,715
  • Jul 7, 2009 11:18am Jul 7, 2009 11:18am
Quoting lUnk2
i hope so...
lets pray...
midnight here...
Sellers must be eatling a lot for breakfast...
  • #143,716
  • Jul 7, 2009 11:20am Jul 7, 2009 11:20am
Quoting lucashammer
Sellers must be eatling a lot for breakfast...

I call this the dead zone for fx . i hop on to ES (futures ) this time of day
Blogging daily now at www.volume.zone
  • #143,717
  • Jul 7, 2009 11:24am Jul 7, 2009 11:24am
Quoting lucashammer
Sellers must be eatling a lot for breakfast...

They must be considering it's 2-1/2 hours past lunch here in the states....LOL

Yes you're right malcolmb14. Normally my platform is closed by now for the next 6 to 8 hours or so.
Ghost Rider - WWTBMD?
  • #143,718
  • Jul 7, 2009 11:26am Jul 7, 2009 11:26am
Quoting malcolmb14
I call this the dead zone for fx . i hop on to ES (futures ) this time of day
Meaning price will not move much in both direction until NY closes?
Great Bodies are Engineered not Born
  • #143,719
  • Jul 7, 2009 11:35am Jul 7, 2009 11:35am
Quoting RichLadyFX
Meaning price will not move much in both direction until NY closes?
I have seen it do nothing .i have also seen 100 pip moves this time of day.

Today i have not seen buyers coming on ES.

I am waiting on fx till about 4 more hours in asia.
Blogging daily now at www.volume.zone
  • #143,720
  • Jul 7, 2009 11:50am Jul 7, 2009 11:50am
Quoting malcolmb14
I have seen it do nothing .i have also seen 100 pip moves this time of day.

Today i have not seen buyers coming on ES.

I am waiting on fx till about 4 more hours in asia.
Do you think the selling has ended and Cable going north again?
Great Bodies are Engineered not Born
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