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Cable Update (GBPUSD)

  • #147,381
  • Jul 17, 2009 8:55am Jul 17, 2009 8:55am
Quoting ams
I certainly pay attention to news, not institutional but gov one. Not sure if you remember news coming from fed in march changed whole scenerio for cable and the dollar?

Even the banks and hedge funds do that (who am I) and the proof is activity around the news time.
You and me and several other retail traders can't move the daily 3 trillion dollar forex market charts around news :-)

I trade daily charts. Have been doing it from a while :-)


ams
am speaking from my own personal view point..i elimated the news and i got better...news always before hand got me in trouble...u probably been trading for years and trade lower time frames, so news is important but i trade a time frame where the effect of news is diluted or i just been lucky.

i havent looked at the calender in months
  • #147,382
  • Jul 17, 2009 8:57am Jul 17, 2009 8:57am
Quoting jacob
This dragon take back our Pips
Hi Jacob, naga ini sulit di jinakkan ya .. just take a small bite and run, come back take another small bite and run again
  • #147,383
  • Jul 17, 2009 8:58am Jul 17, 2009 8:58am
Quoting grashid
but how about this..pink line area and yellow area....including daily vol...
if it went down there id be worried since it would have retrace beyond the 80% level..
  • #147,384
  • Jul 17, 2009 8:59am Jul 17, 2009 8:59am
Quoting Bull_Bear
This will probably be my last post as I'll try to be coherent as possible. I still have down signal for Cable and EUR.

EUR is meet by 1.4130 resistance and Cable 1.6380.

Just sold Cable @ 1.6350 too by the way.... SL 1.6380.... TP 1.6200/20

Good luck All
Toying with that thought as well buddy......
Ghost Rider - WWTBMD?
  • #147,385
  • Jul 17, 2009 9:01am Jul 17, 2009 9:01am
Come on FALL you piece of horse crap ...

Sorry guys, I didn't realise there was 52 members and 82 guests here. I am also in and out of sleep watching Gu today. I think I need to take a break and start again monday.
You've got to be IN IT to WIN IT!
  • #147,386
  • Jul 17, 2009 9:02am Jul 17, 2009 9:02am
Quoting albchr
Toying with that thought as well buddy......
I adjusted SL to 1.6390 though...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #147,387
  • Jul 17, 2009 9:06am Jul 17, 2009 9:06am
Quoting nAVIN2007
if it went down there id be worried since it would have retrace beyond the 80% level..
let us watch out 1.6130-1.6050 and 1.6460-1.6500 area what will be happen...Good luck mate...
  • #147,388
  • Jul 17, 2009 9:06am Jul 17, 2009 9:06am
I think its going to the south now.
I dont know why i didnt wait for clearer breakout
  • #147,389
  • Jul 17, 2009 9:08am Jul 17, 2009 9:08am
Quoting grashid
let us watch out 1.6130-1.6050 and 1.6460-1.6500 area what will be happen...Good luck mate...
u too buddy
  • #147,390
  • Jul 17, 2009 9:10am Jul 17, 2009 9:10am
Quoting jacob
This dragon take back our Pips
lol, if simone can't manage to take my greens away from me, nobody can
Thank You
  • #147,391
  • Jul 17, 2009 9:10am Jul 17, 2009 9:10am
Quoting Ifty
Come on FALL you piece of horse crap ...

Sorry guys, I didn't realise there was 52 members and 82 guests here. I am also in and out of sleep watching Gu today. I think I need to take a break and start again monday.
Cheers ifty, take a rest .... there's always tomorrow, just stay in the game.
  • #147,392
  • Jul 17, 2009 9:11am Jul 17, 2009 9:11am
Quoting wormboy
lol, if simone can't manage to take my greens away from me, nobody can
lol
Hero Traders Live to see their Accounts Die!
  • #147,393
  • Jul 17, 2009 9:11am Jul 17, 2009 9:11am
my panda's got heart
Thank You
  • #147,394
  • Jul 17, 2009 9:14am Jul 17, 2009 9:14am
diverence raised the mofo
might be a trend change
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  • #147,395
  • Jul 17, 2009 9:17am Jul 17, 2009 9:17am
Quoting errich fx
resistance at 348

________________________

S + R = $$
see, the only one you need just support resistance.

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_______

S + R = $$

.
  • #147,396
  • Jul 17, 2009 9:17am Jul 17, 2009 9:17am
Quoting wormboy
lol, if simone can't manage to take my greens away from me, nobody can
Sooooo...that means you DID bank your greens, right?
Ghost Rider - WWTBMD?
  • #147,397
  • Jul 17, 2009 9:18am Jul 17, 2009 9:18am
Quoting ams
I certainly pay attention to news, not institutional but gov one. Not sure if you remember news coming from fed in march changed whole scenerio for cable and the dollar?

Even the banks and hedge funds do that (who am I) and the proof is activity around the news time.
You and me and several other retail traders can't move the daily 3 trillion dollar forex market charts around news :-)

I trade daily charts. Have been doing it from a while :-)


ams
Quoting nAVIN2007
am speaking from my own personal view point..i elimated the news and i got better...news always before hand got me in trouble...u probably been trading for years and trade lower time frames, so news is important but i trade a time frame where the effect of news is diluted or i just been lucky.

i havent looked at the calender in months




well.. this is my opinion based on experience

1. news / fundamental is important because it decide where is the trend.
2. to use it, we have to adjust the time frame. some fundamentals affect a moment, just after data release, but some of them affect the market behavior (may change the trend)
3. as far as i ve seen, the fundamentals that can change daily trend or weekly trend, are which related to risk averse,
4. fyi, my friends, who trader 100.000 $ used the fundamentals too, He pay attention to fundamentals which have a bigger impact in macro economics.

  • #147,398
  • Jul 17, 2009 9:20am Jul 17, 2009 9:20am
Quoting forexlion
ok now i know why u interested in diving

Hey those are not sharks .. you conned us!
Let's go panda, false alarm
Thank You
  • #147,399
  • Jul 17, 2009 9:22am Jul 17, 2009 9:22am
Quoting albchr
Sooooo...that means you DID bank your greens, right?
One got stopped out +ve, the other I'm nursing.
Cable's position still good
Thank You
  • #147,400
  • Jul 17, 2009 9:28am Jul 17, 2009 9:28am
Quoting wormboy
One got stopped out +ve, the other I'm nursing.
Cable's position still good
maybe a bullish flag aye brother!
theres a big ass pole
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