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Cable Update (GBPUSD)

  • #147,421
  • Jul 17, 2009 10:09am Jul 17, 2009 10:09am
Quoting ams
Well said michelle!!


ams
thanks ams.. well i dont use fundies lately..except to those related to stocks or commodity price. well.. now im more in to technicals


  • #147,422
  • Jul 17, 2009 10:10am Jul 17, 2009 10:10am
Quoting mktjong
So, do u ride n trade at the same time?
Watch out if u do .. remember crashed train in LA, text messaging while pilotting the locomotive

LOL...I can do many things while riding. Balancing my laptop ain't one of them....LOL
Ghost Rider - WWTBMD?
  • #147,423
  • Jul 17, 2009 10:12am Jul 17, 2009 10:12am
hey al nice bike! beautiful view too.

if I got up that bike i'll look like a midget!
Thank You
  • #147,424
  • Jul 17, 2009 10:13am Jul 17, 2009 10:13am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Well there are days. As said, please don't take it seriously. Unlike you I alienate people quickly although I don't mean to at all, just need an explanation for my rough questions :-)


ams



Quoting nAVIN2007
im at home today, took the day of work and posting charts of time frames which people use..its that simple..i dont think i said anywhere that trading dailly is a small time frame..i dont understand i seem to cheesing every1 off today..its nuts
  • #147,425
  • Jul 17, 2009 10:16am Jul 17, 2009 10:16am
Quoting wormboy
hey al nice bike! beautiful view too.

if I got up that bike i'll look like a midget!
Soooo...you're an "inch" worm?.....

OK, Bad joke but if you open the door, I just can't help but walk through it....LOL
Ghost Rider - WWTBMD?
  • #147,426
  • Jul 17, 2009 10:16am Jul 17, 2009 10:16am
Look... Most important we want to know and understand what the current trend now before we enter any position. Buy or Sell and get profit... expert here can give the guide with simple explanation?

  • #147,427
  • Jul 17, 2009 10:17am Jul 17, 2009 10:17am
Quoting ams
Well there are days. As said, please don't take it seriously. Unlike you I alienate people quickly although I don't mean to at all, just need an explanation for my rough questions :-)


ams
i seem to be alienating a lot of people today..its not a problem asking...i really dont mind
i was hoping for it to at least touch 1.6550 to give my target a chance but its looking very unrealistic as the dailly is bearish...was kinda hoping support is found here especially as the weekly pin was confirmed
  • #147,428
  • Jul 17, 2009 10:19am Jul 17, 2009 10:19am
I entered the trade and looked forward to gaining my pips, however the news effect was taking a toll against my trade , so I had to stop the trade and wait for another entry as ealier planned. When the effect of the News subsides, I should still be able to capture some pips as earlier planned.Stop loss and Money management should be used in every trade.
  • #147,429
  • Jul 17, 2009 10:20am Jul 17, 2009 10:20am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
If you are strictly a day trader you don't need to pay much attention. However, you need to pay attention to fundamentals if you are thinking of having open positions in number of days.

I indeed pay attention as I always have open positions and I close/open them on a daily basis depending on the news/fundamentals :-)


ams



Quoting ms.michelle
thanks ams.. well i dont use fundies lately..except to those related to stocks or commodity price. well.. now im more in to technicals


  • #147,430
  • Jul 17, 2009 10:21am Jul 17, 2009 10:21am
Quoting nAVIN2007
i seem to be alienating a lot of people today..its not a problem asking...i really dont mind

Not me buddy....
Ghost Rider - WWTBMD?
  • #147,431
  • Jul 17, 2009 10:21am Jul 17, 2009 10:21am
Quoting albchr
Soooo...you're an "inch" worm?.....

OK, Bad joke but if you open the door, I just can't help but walk through it....LOL

Heyy..

Thank You
  • #147,432
  • Jul 17, 2009 10:23am Jul 17, 2009 10:23am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
We are near the close of major/main london market for forex. Whatever happens, trend will resume on sunday :-)
My suspicion is market (dow) will close in a positive territory. But mondays are always slow as everyone sees dow for direction.

Also, there isn't big news until wednesday. Might be choppy till then unless something weird happens. Which happens mostly, as markets hate quite times :-)

ams


Quoting pcnpurc1
Just food for thought. Take a look at the daily. Looks like a bearish engulfing to me. If closes below 1.6299, should be heading south again.
  • #147,433
  • Jul 17, 2009 10:24am Jul 17, 2009 10:24am
Quoting albchr
Not me buddy....
  • #147,434
  • Jul 17, 2009 10:25am Jul 17, 2009 10:25am
WORMIE RELEASE BULLS U KEPT
  • #147,435
  • Jul 17, 2009 10:26am Jul 17, 2009 10:26am
Quoting nAVIN2007
i seem to be alienating a lot of people today..its not a problem asking...i really dont mind
i was hoping for it to at least touch 1.6550 to give my target a chance but its looking very unrealistic as the dailly is bearish...was kinda hoping support is found here especially as the weekly pin was confirmed

Hey nav, weekly's forming a visible rounded top. Downfall looks imminent to me bro. I'll be looking to keep hold short positions everytime I get the opportunity to do so tbh.
Thank You
  • #147,436
  • Jul 17, 2009 10:27am Jul 17, 2009 10:27am
Quoting Faryad
WORMIE RELEASE BULLS U KEPT
The only thing I'm keeping are green pips bro
Thank You
  • #147,437
  • Jul 17, 2009 10:28am Jul 17, 2009 10:28am
Quoting wormboy
The only thing I'm keeping are green pips bro
  • #147,438
  • Jul 17, 2009 10:30am Jul 17, 2009 10:30am
Quoting ams
Unless you trade mini mini mini micro account, well nothing can harm you anyways :-)




ams
im on a demo and thats exactly what im doing trading 7p a pip..
  • #147,439
  • Jul 17, 2009 10:30am Jul 17, 2009 10:30am
Quoting wormboy
Hey nav, weekly's forming a visible rounded top. Downfall looks imminent to me bro. I'll be looking to keep hold short positions everytime I get the opportunity to do so tbh.
Agreed....

In fact I dare say, over the next two months or so, 4750ish is quite feasible.
Ghost Rider - WWTBMD?
  • #147,440
  • Jul 17, 2009 10:30am Jul 17, 2009 10:30am
Quoting nAVIN2007
u guys hugging ?
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