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Cable Update (GBPUSD)

  • #156,341
  • Aug 8, 2009 4:57am Aug 8, 2009 4:57am
The $ has hit longer term target.We have a weekly engulfing off it which I like the look of.


http://www.forexfactory.com/showpost...stcount=150787
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #156,342
  • Aug 8, 2009 5:14am Aug 8, 2009 5:14am
The pound hit weekly target ,but still has not touched that falling TL.I would like it touched before any break down ,basically we are in a big triangle formation waiting for break.
The close of the week as long as there is no gap down dose not look particularly bearish.

http://www.forexfactory.com/showpost...stcount=154007
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #156,343
  • Aug 8, 2009 5:38am Aug 8, 2009 5:38am
I prefer this chart over the DX cause its easier on the eye for me.Long term falling TL looks set to break tho look for break early on.When in blue box 1.8300 is on the cards.
I am disappointed I didn't get the 7500 tho and was looking for the cable spike over 1.7 to hit target

http://www.forexfactory.com/showpost...stcount=154006

Looking at Cable weekly I would def say shorts are the way to go ,gonna look later to come up with a plan...
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #156,344
  • Aug 8, 2009 6:04am Aug 8, 2009 6:04am
next week still down trend....
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  • #156,345
  • Aug 8, 2009 6:30am Aug 8, 2009 6:30am
as of now
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  • #156,346
  • Aug 8, 2009 8:18am Aug 8, 2009 8:18am
Quoting Yngwie
Ok guys, i'm done for this week. See ya next week. Market going to dead in a few hours as usual before its closed.

Happy Pippin! Cheers!
Hello guys.. as usual.. love to see all prediction before market is opened in the weekend. Shall give me some idea. by the way.. Haha..as anticipated DEAD... 5 hrs range 65pips
Attached Image
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #156,347
  • Edited 12:11pm Aug 8, 2009 11:43am | Edited 12:11pm
Quoting nAVIN2007
absolutely people say luck doesnt exist but u need luck to be successfull..u have to feel blessed...its great u had good fortune..we all need these touches in life, long may it continue al
Navin, my friend and brother Warrior on the path to financial liberty,

Self-confidence and confidence in one's equipment (methods) is the backbone of the successful, not destiny or lack of luck; at least not in this endeavor we call trading. After all we are all in this arena to fight and shape our own financial destiny.

On the path to success in any demanding endeavor, we may occasionally experience slumps and crisis of confidence and it is precisely this season of "despair" that's the best time to sow the seeds for future successes to come.

Now what is luck? Nothing more than being in the right place at the right time. So we as traders need to find ourselves/create an edge through our methodology so that it places us in the right place of the market at the right time, thus luck is created by our own making.
Imagine a Warrior in the crossfire hoping or blaming luck -- No that's not the way of the Warrior, it's his skill, his training, and his equipment he confidently relies on to defeat the adversary without (and within).
As such in the battlefield of trading, when faced with suboptimal results, pick yourself up, dust yourself off, roll your sleeves up and go back and dig deep and search no matter how many times or how long:

Maybe you overlooked something in your preparation, maybe the method needs adaptation, we all use different methods, not every method works for all the markets -- always double and triple check your daily trading routine, your foundation of methods -- this is Our equipment as traders -- train yourself in efficient use of it and be prepared to respond without hesitation in adverse market circumstances in the heat of the battle.

I did suggest to you not too long ago to use a procedure for building a foundation for training and confidence, review these steps as often as necessary until you determine in your heart of hearts that you really are making a breakthrough before putting your hard-earned cash in the harm's way. Else repeat, repeat and again repeat:

http://www.forexfactory.com/showpost...stcount=154534

You and only you can make that determination. After achieving satisfactory results in that environment, when starting the real deal, you've already ARRIVED!

Remember we always quit 10 minutes before the miracle, so my brother, never, never, ever give up!

Respectfully yours & May victory be imminently with you

GM
Hear the music before the song is over ...
  • #156,348
  • Aug 8, 2009 11:47am Aug 8, 2009 11:47am
Its an interesting debate whether the market can be predicted.
But really if you don't think it can be predicted then how do you enter a trade ??? without it being a complete gamble.

http://www.forexfactory.com/showpost...stcount=154008
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #156,349
  • Aug 8, 2009 11:59am Aug 8, 2009 11:59am
Dow trade has completed
Draw Down at any time = 0
Duration of trade =3 weeks
Time to set up = about 20 min
Profit =over 600 pips
prediction percentage = 100%

http://www.forexfactory.com/showpost...stcount=150784
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #156,350
  • Aug 8, 2009 12:08pm Aug 8, 2009 12:08pm
Great stuff GM

Quoting GlobalMacro
Navin, my friend and brother Warrior on the path to financial liberty,

Self-confidence and confidence in one's equipment (methods) is the backbone of the successful, not destiny or lack of luck; at least not in this endeavor we call trading. After all we are all in this arena to fight and shape our own destiny.

On the path to success in any demanding endeavor, we may occasionally experience slumps and crisis of confidence and it is precisely this season of [b]"despair" that's the best time to sow the seeds for...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #156,351
  • Aug 8, 2009 12:13pm Aug 8, 2009 12:13pm
3000 pips gu starting ... last Thursday

date dec 1 close trade

HIGHEST VOLUME ON WEEKLY ON A DOJI IN 4 YEARS

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Blogging daily now at www.volume.zone
  • #156,352
  • Edited 1:48pm Aug 8, 2009 12:50pm | Edited 1:48pm
My view,

Price should reach 1.7293 to 1.7313 range by next week. Quite difficult due to market closed, hope the momentum still there and the price break 1.6744 again. For swing, I'm looking for long when market is opened.

Adios!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #156,353
  • Aug 8, 2009 2:01pm Aug 8, 2009 2:01pm
Hollywood Celebrity Week Ahead Cable Trading Tip

http://www.ugo.com/sports/actors-who...nny-devito.jpg
"I'm short!!"
  • #156,354
  • Aug 8, 2009 2:52pm Aug 8, 2009 2:52pm
Quoting Bones
Dow trade has completed
Draw Down at any time = 0
Duration of trade =3 weeks
Time to set up = about 20 min
Profit =over 600 pips
prediction percentage = 100%

http://www.forexfactory.com/showpost...stcount=150784
I was aware of your "run-up & jump" theory in Cable as well the previous week...It's fascinating what can be done with good analysis and vision...Masterfully done,Tony...
Hear the music before the song is over ...
  • #156,355
  • Edited 3:38pm Aug 8, 2009 3:24pm | Edited 3:38pm
Quoting cesarnc
Hollywood Celebrity Week Ahead Cable Trading Tip

http://www.ugo.com/sports/actors-who...nny-devito.jpg
"I'm short!!"

What are you all tripped out about, dude?
That's the position you been in ever since you were born....
Hear the music before the song is over ...
  • #156,356
  • Aug 8, 2009 3:40pm Aug 8, 2009 3:40pm
lol ,no really gm that is completely legit candle strat Ive read it somewhere.

Quoting GlobalMacro
I was aware of your "run-up & jump" theory in Cable as well the previous week...It's fascinating what can be done with good analysis and vision...Masterfully done,Tony...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #156,357
  • Aug 8, 2009 4:09pm Aug 8, 2009 4:09pm
Quoting GlobalMacro
Navin, my friend and brother Warrior on the path to financial liberty,

Self-confidence and confidence in one's equipment (methods) is the backbone of the successful, not destiny or lack of luck; at least not in this endeavor we call trading. After all we are all in this arena to fight and shape our own financial destiny.

http://www.forexfactory.com/showpost...stcount=154534
Respectfully yours & May victory be imminently with you

GM
TOP NOTCH GM!! And so are all the links back as well.
Ghost Rider - WWTBMD?
  • #156,358
  • Aug 8, 2009 4:11pm Aug 8, 2009 4:11pm
Quoting malcolmb14
now if someone can give me one reason using ANY indicator on a weekly why this will go up I may reconsider.

There is a slim chance they play the game an do upthrust to 1.7000 on some bs stimulus package or something .....

Attachment

here is post form me July of this year ..1.7000 target reached .. now hold on to stomachs ride down fast and furious

this is playing out swing trading wise just the way i expected
Blogging daily now at www.volume.zone
  • #156,359
  • Aug 8, 2009 4:12pm Aug 8, 2009 4:12pm
Quoting Bones
lol ,no really gm that is completely legit candle strat Ive read it somewhere.
And you were SO right Tony....
Ghost Rider - WWTBMD?
  • #156,360
  • Aug 8, 2009 4:50pm Aug 8, 2009 4:50pm
Quoting Yngwie
My view,

Price should reach 1.7293 to 1.7313 range by next week. Quite difficult due to market closed, hope the momentum still there and the price break 1.6744 again. For swing, I'm looking for long when market is opened.

Adios!

you smoking something .... see the weekly doji last time this happened 2000 pip down and if markets so great why after manipulating the NFP ( I maintain GS behind this ) did they not buy any of their own stock ?

Geppy did i say gu 1.6 mid august .... right on track .....?? hope you took bet

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