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Cable Update (GBPUSD)

  • #149,121
  • Jul 22, 2009 4:46am Jul 22, 2009 4:46am
Quoting albchr
I'm thinking it's in a holding pattern for the upcoming news maybe?
whats a holding pattern ?
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #149,122
  • Jul 22, 2009 4:46am Jul 22, 2009 4:46am
Quoting albchr
Actually I have to say it was my S/R and PA I went by. Still learning those TL's...

Might have missed this short entry but it doesn't seem too strong right now. We'll see
You'll have to look to the higher tf's bro. It's going down
Thank You
  • #149,123
  • Jul 22, 2009 4:47am Jul 22, 2009 4:47am
Quoting alfamichi
Hi Mate This point is funny...the BIG Boys want to go Long @ 1.6365 but the Smalls Boys like us are dragging them down.....what do we Do?... No matter how slow i walk, i will never walk backwards
it's ok either up or down.. we all making money unless.. when u buy at high n sell at low..
  • #149,124
  • Jul 22, 2009 4:47am Jul 22, 2009 4:47am
alfamichi:

Retail traders are no where near the market size compared to hedge funds, central banks, investment banks and other players who actually USE forex to change their currency (my understanding is they use one of the above to do so).

However as a whole, it has been heard that we often force the market to breakout.
----------------------
Moving along.

We have a triangle on lower timeframes. The previous bounce then the small uptrend. - it just broke it as I was typing.

Anyways, check the chart if you are interested. I hope it raises a few eyebrows.

I'm still trailing my short at 83 on thrust candles.

I hope you guys are KEEN to enter into this inside bar which is forming !

Good trading.
  • #149,125
  • Jul 22, 2009 4:47am Jul 22, 2009 4:47am
How low can you see this going Lion?
Disclaimer: Check your 1m charts
  • #149,126
  • Jul 22, 2009 4:48am Jul 22, 2009 4:48am
Quoting djambazov84
whats a holding pattern ?
A metaphor for folks are waiting. Like a plane in a holding pattern.
Ghost Rider - WWTBMD?
  • #149,127
  • Jul 22, 2009 4:48am Jul 22, 2009 4:48am
Quoting joejet
I know this has nothing to do with trading but I know a while ago people wanted to refresh onto the last page
well i just tryed this iin the address bar
http://www.forexfactory.com/showthre...378&page=99999
and it works goes to the last page now i can set up the auto refresh under firefox and see the latest page

Thanks
J
Hi Joe,

That was me, thank you for that.

And FX Lion many thanks for the EA
  • #149,128
  • Jul 22, 2009 4:50am Jul 22, 2009 4:50am
Could there be a shorting opportunity around 1.6420 later wormboy on the hourlies?
Disclaimer: Check your 1m charts
  • #149,129
  • Jul 22, 2009 4:50am Jul 22, 2009 4:50am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Thanks for your polite response dude!

Just a suggestion, since you seem to have a "fan following", obviously for the right reasons. Just put up a link to your indicators in your signature.


ams


Quoting forexlion
kind sir,

i can post an indicator for a hundred times, but not everyday !!!
  • #149,130
  • Jul 22, 2009 4:51am Jul 22, 2009 4:51am
Quoting wormboy
You'll have to look to the higher tf's bro. It's going down
Which ones? Daily, Weekly, Monthly, all of the above?

I mean I see that on the 1 & 4 hour.
Ghost Rider - WWTBMD?
  • #149,131
  • Jul 22, 2009 4:52am Jul 22, 2009 4:52am
Quoting ams
You are one of those who want everyone to applaud when you make calls, don't you?

Do you want to help people or want the applaud only?

If you want to help, then help, give him the indicators, and don't be cocky dude there are many on this forum and elsewhere like you.

You are not buffet or Soros to be arrogant. Just "normal trader" like everyone else, so behave appropriately .


ams
I really agree with you ams. This is the 3rd time he's blabbing about 'babysitting someone'. Forexlion is got some bad attitude and it's not helping the good spirit here. WB and BB are excellent trader but they never get cocky and arrogant. A little humility and respect dose'nt hurt anyone u know?

If you still need the trailing indi, pls say so and I'll gladly share mine with you.
In all your ways acknowledge Him and He will direct your path.
  • #149,132
  • Jul 22, 2009 4:53am Jul 22, 2009 4:53am
Quoting OmegaFire
I really agree with you ams. This is the 3rd time he's blabbing about 'babysitting someone'. Forexlion is got some bad attitude and it's not helping the good spirit here. WB and BB are excellent trader but they never get cocky and arrogant. A little humility and respect dose'nt hurt anyone u know?

If you still need the trailing indi, pls say so and I'll gladly share mine with you.

COME ON GUYS!!!!!! NOT AGAIN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

GO bicker via PM!!!!!!!!!!
Ghost Rider - WWTBMD?
  • #149,133
  • Jul 22, 2009 4:53am Jul 22, 2009 4:53am
Quoting KillPhil08
We have a triangle on lower timeframes. The previous bounce then the small uptrend. - it just broke it as I was typing.

.
5M triangle? Added short at the top of it, thankfully it broke down. Happy days.
  • #149,134
  • Jul 22, 2009 4:53am Jul 22, 2009 4:53am
Finally! Keep dropping, baby
  • #149,135
  • Jul 22, 2009 4:53am Jul 22, 2009 4:53am
Chart Attached.
Attached Image (click to enlarge)
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  • #149,136
  • Jul 22, 2009 4:55am Jul 22, 2009 4:55am
Quoting albchr
Not too shabby. 88 in all and for two lots, THAT"S FUN....

Haven't added them up but 2 more lots 6380 down to 6320, 2 more 6310 to 6380 and now these couple...LOL
lol over 4k$, thats amazing. more when u mind ur 'experience' (i mean the time u r trading). you are very effective - i wish i could do the same. i made over 700 points in last 4 days but i lost all my money live because i couldn't deal with my emotions. thats a tough thing.. its like a blockade.

anyway, like wormy said.. down it goes +25 so far

good luck
Attached Image (click to enlarge)
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  • #149,137
  • Jul 22, 2009 4:57am Jul 22, 2009 4:57am
Quoting slykyn
lol over 4k$, thats amazing. more when u mind ur experience. you are very effective - i wish i could do the same. i made over 700 points in last 4 days but i lost all my money live because i couldn't deal with my emotions. thats a tough thing.. its like a blockade.

anyway, like wormy said.. down it goes +25 so far

good luck

I get lucky from time to time.... The emotions get me too especially since this 5k account is all we have left. I HAVE to make this work. That's why I go in big and get to BE FAST. Helps lesson the fears...LOL

I missed this last drop. Flat ATM

Watch your SL's...news coming
Ghost Rider - WWTBMD?
  • #149,138
  • Jul 22, 2009 5:01am Jul 22, 2009 5:01am
Quote
......i lost all my money live because i couldn't deal with my emotions. thats a tough thing.. its like a blockade.

Most of us get through that phase.
Patience... Practice.. --these are our weapons
Good luck
  • #149,139
  • Jul 22, 2009 5:06am Jul 22, 2009 5:06am
I know.. it is a part of it... learn about the losses and try to get to know urself better - control urself, accept losses ect. some people are faster some people not. patience is the key, a hard key but never give up and trade like al said.. avoid losses, set BE as fast as possible and ride ur winners hard ;-).

sl @be, trailing stop +15 now.
good luck ppl
  • #149,140
  • Jul 22, 2009 5:07am Jul 22, 2009 5:07am
anyone going to short at 6380 area?
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