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Cable Update (GBPUSD)

  • #153,661
  • Jul 31, 2009 7:47am Jul 31, 2009 7:47am
Quoting Bull_Bear
1.6400 & 1.6220 UB.... u haven't been around lately mate
i always here bro but was busy and was trading silently


Ub
  • #153,662
  • Jul 31, 2009 7:48am Jul 31, 2009 7:48am
Quoting Bull_Bear
Chris your on the new strategy now bro.... clear your mind of that thinking mate. No large order to chase your loses remember, strategic trades/weekly/ monthly reconciliation.

I know buddy but that drop and getting out would have repaid a LOT of losses this month. The position I have will have to go 200 pips to make a small dent...LOL
My intuiton alwasy serves me well...when I listen to it.
Ghost Rider - WWTBMD?
  • #153,663
  • Jul 31, 2009 7:50am Jul 31, 2009 7:50am
Chicken dinner!

Bag the PIPS!
Great Bodies are Engineered not Born
  • #153,664
  • Jul 31, 2009 7:53am Jul 31, 2009 7:53am
Quoting ubaidahsan
my wish is too and sure GOD will help us


Ub
Let pray together!!! We want 1.6400!!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #153,665
  • Jul 31, 2009 7:53am Jul 31, 2009 7:53am
Quoting albchr
I know buddy but that drop and getting out would have repaid a LOT of losses this month. The position I have will have to go 200 pips to make a small dent...LOL
My intuiton alwasy serves me well...when I listen to it.

What happens if it goes against you. Your back at square one, even worse.

Discipline trading is the hardest thing to conquer my friend. Conquer that and half your battle is fought.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #153,666
  • Jul 31, 2009 7:54am Jul 31, 2009 7:54am
Quoting ubaidahsan
i always here bro but was busy and was trading silently


Ub
Good to see you around bro
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #153,667
  • Jul 31, 2009 7:56am Jul 31, 2009 7:56am
Quoting joechimon
Thx man ,you might be right but what kind of indicators do you use?
No indicators, just trend lines, support / resistance and fibs.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #153,668
  • Jul 31, 2009 7:59am Jul 31, 2009 7:59am
62 day MA 1.6450--i think it will break. 1.6439 break should lead to 1.6338...................i hope not wishful thinking. i am VERY short and have been VERY patient.
normally (all the time) as long as you dont take reversal position after breakouts on larger time frames in this cable it will come back. 150-200 pips in this thing isnt much to ask. GDP slightly better than expected.
Crude inventories up 5 million on WEDS. crude was down over $4. generally dollar pairs been following gold and energies. i think IMHO that energy run for the summer may be over, and this should help bring Cable and Euro down. IDK. I think it should work out with patience. im not going anywhere.
  • #153,669
  • Jul 31, 2009 7:59am Jul 31, 2009 7:59am
Quoting Bull_Bear
1.6400 & 1.6220 UB.... u haven't been around lately mate
tnx dear, do you think it would be able to breake 1.6465 support?
  • #153,670
  • Jul 31, 2009 8:01am Jul 31, 2009 8:01am
Quoting RichLadyFX
Chicken dinner!

Bag the PIPS!
65 give strong suppport....
  • #153,671
  • Jul 31, 2009 8:01am Jul 31, 2009 8:01am
could we see 1.6414 today
  • #153,672
  • Jul 31, 2009 8:02am Jul 31, 2009 8:02am
I just came in home
OH my god
my special FORCES grizzly BEAR BIG MOTHERF*CKER SHORT POSITION from level 6575 DIDN"T OPEN!!!
What the hell??! I would be rich by now!
POUND you promised me to reach my 1st target 6580 now, and then only 6400 level!
Did you cheat me???
ROBOT FOREX
  • #153,673
  • Jul 31, 2009 8:02am Jul 31, 2009 8:02am
Coverred some shorts at the low, let the other shorts run, shall add if there is a pullback, taking it easy for the time being
Make sure losses are small and profits are bigger!
  • #153,674
  • Jul 31, 2009 8:02am Jul 31, 2009 8:02am
Quoting traderfx
could we see 1.6414 today
or 1.66xx
  • #153,675
  • Jul 31, 2009 8:03am Jul 31, 2009 8:03am
Quoting Bull_Bear
What happens if it goes against you. Your back at square one, even worse.

Discipline trading is the hardest thing to conquer my friend. Conquer that and half your battle is fought.

LOL you know me. With the bounce I'm at BE a few pips in when doing that. 4 chances and the fourth one ran. Just the way I like it...

Not safe but, little to work with + big needs = high risk. But, this will be green and I will be happy...
Ghost Rider - WWTBMD?
  • #153,676
  • Jul 31, 2009 8:06am Jul 31, 2009 8:06am
hmmmm...do I see buyers back in here at 16490?
  • #153,677
  • Jul 31, 2009 8:07am Jul 31, 2009 8:07am
Quoting reza_oscar
tnx dear, do you think it would be able to breake 1.6465 support?
I must be talking to a female as I'm referred to as dear, I don't know why but i think most traders are males....

I have first immediate support at 1.6500 / 1.6490. Break that than i will be more relieved.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #153,678
  • Jul 31, 2009 8:07am Jul 31, 2009 8:07am
Quoting Bull_Bear
What happens if it goes against you. Your back at square one, even worse.

Discipline trading is the hardest thing to conquer my friend. Conquer that and half your battle is fought.
good advice...treat it as if you're starting this from scratch and this your very first trade...just forget all the past trades...
That was then this is now!
Hear the music before the song is over ...
  • #153,679
  • Jul 31, 2009 8:08am Jul 31, 2009 8:08am
Quoting direct-trade
hmmmm...do I see buyers back in here at 16490?
spot on DT......
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #153,680
  • Jul 31, 2009 8:09am Jul 31, 2009 8:09am
Quoting direct-trade
hmmmm...do I see buyers back in here at 16490?
ONLY in your dreams!
Special report says 1st air strike 6400, then 6350 today
ROBOT FOREX
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