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Cable Update (GBPUSD)

  • #152,801
  • Jul 30, 2009 4:49am Jul 30, 2009 4:49am
Quoting Kamikaze456
The most delightful pinbar is forming on the 1 hour....

Not yet.....lol. It'll have to close with a nice size red body for me.

And even that "might" not convince me.
Ghost Rider - WWTBMD?
  • #152,802
  • Jul 30, 2009 4:50am Jul 30, 2009 4:50am
Lol so very true....

GBP can move 40 pips in the space of a minute the way it's been behaving...
  • #152,803
  • Jul 30, 2009 4:58am Jul 30, 2009 4:58am
Forbes just don't marry your trade.

I'm trying to find an article about how traders should be proactive?(not sure what the word is) instead of predictive. Somewhere on traderslab.
  • #152,804
  • Jul 30, 2009 4:59am Jul 30, 2009 4:59am
Quoting Bull_Bear
steps to hell

Let me be the devil today and join the stepss!!!
  • #152,805
  • Jul 30, 2009 5:00am Jul 30, 2009 5:00am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Chaps, it's lunchtime now....remember whatever happens from now to 12:00 will be reversed.
  • #152,806
  • Jul 30, 2009 5:02am Jul 30, 2009 5:02am
Lunchtime....This early....I just got up....
  • #152,807
  • Jul 30, 2009 5:02am Jul 30, 2009 5:02am
I hate it when it does that. Bounces off the pivot at 6515 but closes (1H) below 6500...LOL
Ghost Rider - WWTBMD?
  • #152,808
  • Jul 30, 2009 5:03am Jul 30, 2009 5:03am
Quoting Bones
Well predictions are all relative to TF.
Of course the higher the TF the more long term the prediction,the market is fractal.Because it is out of grasp to weigh up all the news coming in the next month ,it is not for someone with limitless resources.

1.6400 today, when the trend is up, is never a good prediction

I stick to the basics, market direction is UP, and just take it for a ride and jump off at the next station, much less stressful


And if you study everyone predictions, they don't get to 50/50
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #152,809
  • Jul 30, 2009 5:03am Jul 30, 2009 5:03am
The onslaught continues.....
  • #152,810
  • Jul 30, 2009 5:06am Jul 30, 2009 5:06am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
But those boys are ready to have a big meal with all the money they made yesterday , and about to make today and for the rest of there lives.

Traders go on lunch from 11-12. I have worked for various reputable IB's (IT not a trader), I know atleast this for sure.


Quoting Kamikaze456
Lunchtime....This early....I just got up....
  • #152,811
  • Jul 30, 2009 5:08am Jul 30, 2009 5:08am
Quoting Kamikaze456
The onslaught continues.....
don't worry if this raise till maximum level 6550 then I add even the most big sell position down to hell
ROBOT FOREX
  • #152,812
  • Jul 30, 2009 5:08am Jul 30, 2009 5:08am
Quoting rastapips
Let me be the devil today and join the stepss!!!
keep forming like that and i'll be happy....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #152,813
  • Jul 30, 2009 5:11am Jul 30, 2009 5:11am
No its got to be way lower than that,lol
The market is predictable and can be read imo
You do need an edge ,its designed to be difficult ,as most must lose.
But my point is if it works on 1 min, it will be exactly the same on 1 week..




Quoting Turveyd

And if you study everyone predictions, they don't get to 50/50
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #152,814
  • Jul 30, 2009 5:13am Jul 30, 2009 5:13am
So is everyone agreeing that their eventually will be a huge sell-off my charts are going crazy saying overbourght and with my parameters they never say that........
  • #152,815
  • Jul 30, 2009 5:14am Jul 30, 2009 5:14am
Quoting ams
But those boys are ready to have a big meal with all the money they made yesterday , and about to make today and for the rest of there lives.

Traders go on lunch from 11-12. I have worked for various reputable IB's (IT not a trader), I know atleast this for sure.

I shall take a leaf out of your book....

11:10 Toast and a cup of tea-Breakfast

11:15 A nice baguette-Lunchtime!!!!!
  • #152,816
  • Jul 30, 2009 5:15am Jul 30, 2009 5:15am
GJ is soon to become bearish by american market expecailly if the news is bad
  • #152,817
  • Jul 30, 2009 5:16am Jul 30, 2009 5:16am
Quoting Forbes55
don't worry if this raise till maximum level 6550 then I add even the most big sell position down to hell
Mate I don't think it will go that high....Maybe up to 6540....

But who knows nowadays...?
  • #152,818
  • Jul 30, 2009 5:21am Jul 30, 2009 5:21am
Well, I've put a small short PO at 6520. 2 pips below last hours high and 5 above the pivot.
Ghost Rider - WWTBMD?
  • #152,819
  • Jul 30, 2009 5:22am Jul 30, 2009 5:22am
its over over over over buy.......
how deep the jump down will be....?
- Always pray on your trading - God know the best for everyone
  • #152,820
  • Jul 30, 2009 5:23am Jul 30, 2009 5:23am
Quoting kingindian
its over over over over buy.......
how deep the jump down will be....?
I don't need more, only level 6420 for now
ROBOT FOREX
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