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Cable Update (GBPUSD)

  • #157,441
  • Aug 12, 2009 3:39pm Aug 12, 2009 3:39pm
Quoting direct-trade
Yesterday:



This morning:



Tonight:

Where are we? Oh yes, still at 16480 lol.

Happy trading, see you tomorrow

hope we are at 1.6600 tomorrow ... but futures no volume today . Could be sign weakness GU
Blogging daily now at www.volume.zone
  • #157,442
  • Aug 12, 2009 3:39pm Aug 12, 2009 3:39pm
Quoting Ilovefx
1K $ dear friend. That was not my best day. I enter with a plan, it goes to hit my stop and after come come back for my original fixed target many times. I'm frustrated that day.
I am sorry to hear that, it happens a lot when there are some big news released. Good luck next time or maybe you should try to avoid trading at this time.
  • #157,443
  • Aug 12, 2009 3:40pm Aug 12, 2009 3:40pm
Quoting Ilovefx
Instead wining, i lost money today because of bullish GU and GY !!!
A shame for les Belgiques !

Stick with it - you will learn to adapt

At least you are not lying to yourself which is the first step to getting better

onwards and upwards !
  • #157,444
  • Aug 12, 2009 3:41pm Aug 12, 2009 3:41pm
Quoting Angelina
wow congra to you $25k is a lot I saw a big drop on GU huh.
I start trading now hope see good signal from you bro, you did great always ;D
he was be sarcastic u will learn...
  • #157,445
  • Aug 12, 2009 3:42pm Aug 12, 2009 3:42pm
Quoting Ilovefx
1K $ dear friend. That was not my best day. I enter with a plan, it goes to hit my stop and after come come back for my original fixed target many times. I'm frustrated that day.
I'm sorry to hear that. Shit happens...you'll recover your money!!! Good luck!!
  • #157,446
  • Aug 12, 2009 3:44pm Aug 12, 2009 3:44pm
If the gov are not buying treasuries then the interest rate will have to rise to attract buyers

These will be foreign buyers replacing the gov

good for USD inflows ?

If foreigners are buying US treasuries but rates are rising and GDP is stalling, what is the net effect ?

So many imponderables

Think I will just follow the herd and give my head a rest
  • #157,447
  • Aug 12, 2009 3:44pm Aug 12, 2009 3:44pm
Quoting malcolmb14
hope we are at 1.6600 tomorrow ... but futures no volume today . Could be sign weakness GU
Hi Mal,

You could be right about the futures. But, I think the boys bought the bottom, then spiked down for a bargin (I mentioned that somewhere before) before loading up for a longer run.

Seems to have hammered out a bottom here for now.

I'll just hold at 16480 until stopped out below this weeks low, the market will show me if I am wrong quickly enough.

As soon as the market starts moving I'll be back
  • #157,448
  • Aug 12, 2009 3:49pm Aug 12, 2009 3:49pm
Quoting direct-trade
Hi Mal,

You could be right about the futures. But, I think the boys bought the bottom, then spiked down for a bargin (I mentioned that somewhere before) before loading up for a longer run.

Seems to have hammered out a bottom here for now.

I'll just hold at 16480 until stopped out below this weeks low, the market will show me if I am wrong quickly enough.

As soon as the market starts moving I'll be back
i captured it few minutes before what u say about it,.
  • #157,449
  • Aug 12, 2009 3:51pm Aug 12, 2009 3:51pm
[IMG]file:///C:/DOCUME%7E1/ADMINI%7E1/LOCALS%7E1/Temp/moz-screenshot.jpg[/IMG]i captured it few minutes before what u say about it,
  • #157,450
  • Aug 12, 2009 3:53pm Aug 12, 2009 3:53pm
Quoting allserene
Everyone else made at least $25k each while you were away - it was so easy they can't stop laughing

I made beer money

All normal therefore
You have a spy cam in my office?

Two days of spinning tops: quite the indecision and uncertainy in the market.... in times like this: 'When in doubt, stay out'.
Probability Professor
  • #157,451
  • Aug 12, 2009 3:54pm Aug 12, 2009 3:54pm
sorry pic not uploaded due to exceeded forum limit
  • #157,452
  • Aug 12, 2009 3:55pm Aug 12, 2009 3:55pm
Quoting allserene
If the gov are not buying treasuries then the interest rate will have to rise to attract buyers

These will be foreign buyers replacing the gov

good for USD inflows ?

If foreigners are buying US treasuries but rates are rising and GDP is stalling, what is the net effect ?

So many imponderables

Think I will just follow the herd and give my head a rest
'To promote a smooth transition in markets as these purchases of Treasury securities are completed, the Committee has decided to gradually slow the pace of these transactions and anticipates that the full amount will be purchased by the end of October'

...this is very good for long term yields .... the usd should get stronger. The US are helping their buddies China after all ....
Blogging daily now at www.volume.zone
  • #157,453
  • Aug 12, 2009 3:56pm Aug 12, 2009 3:56pm
Quoting Ilovefx
Instead wining, i lost money today because of bullish GU and GY !!!
Dont worry, speak to Ed, he has a great system
Attached Image
  • #157,454
  • Aug 12, 2009 3:56pm Aug 12, 2009 3:56pm
Quoting nAVIN2007
he was be sarcastic u will learn...
I did say quite clearly that I only made beer money and the others made big money - but she missed that and thought I had made $25k - must be jet lag - I get that for 2 weeks after

When I make $25k in a day on here it will be unmistakeable and it will be 90% luck I am sure of that

I don't give total credence to all the winners nowadays - not since it was disclosed that the guy who lived on a yacht in the bahamas and won big money every day was actually living in a trailer in ohio and losing money on demo

Anyway, it makes me feel better to think that there isnt a huge number of people doing better than me - and giving yourself a comfort thought does no harm at all

So well done the genuine winners and stick with it the losers today, and next time to the break even people and failed hard drives to the remainder!
  • #157,455
  • Aug 12, 2009 3:56pm Aug 12, 2009 3:56pm
Quote
Originally Posted by Ilovefx http://cloud.forexfactory.com/images...s/viewpost.gif
Instead wining, i lost money today because of bullish GU and GY !!!





..........Seriously though, I appreciate your loss. Losing is part of winning, accept it and move on, sounds harsh, but is very true.

Learning when not to trade is just as important as trading itself.
  • #157,456
  • Aug 12, 2009 3:59pm Aug 12, 2009 3:59pm
Quoting allserene
I did say quite clearly that I only made beer money and the others made big money...
if i ever made 25k in forex im sure id pass out b4 i could close it..
  • #157,457
  • Aug 12, 2009 3:59pm Aug 12, 2009 3:59pm
direct trade i have captured this image plz look at it do it shows big sellers
Attached Image (click to enlarge)
Click to Enlarge Name: pic.JPG Size: 65 KB
  • #157,458
  • Aug 12, 2009 4:10pm Aug 12, 2009 4:10pm
Thanks for all of you. I knew better days but today was not. Maybe i made mistakes, and no inch of luck today. I hope this will be the last day of mistakes. See you soon ( Hope that GY will fall as fast as ED wants to do lol)
If you resist at heart attack, you will be rich from trading.
  • #157,459
  • Aug 12, 2009 4:23pm Aug 12, 2009 4:23pm
Quoting allserene
I did say quite clearly that I only made beer money and the others made big money - but she missed that and thought I had made $25k - must be jet lag - I get that for 2 weeks after

When I make $25k in a day on here it will be unmistakeable and it will be 90% luck I am sure of that

I don't give total credence to all the winners nowadays - not since it was disclosed that the guy who lived on a yacht in the bahamas and won big money every day was actually living in a trailer in ohio and losing money on demo

Anyway, it makes me feel...
lol ... really .. that happened ?

i did not make big pips today at all . Just 40 . That is all i aim for per day , some days it comes easy and some days i start with a losing trade and am digging myself out of hole all day to get back to break even .
Blogging daily now at www.volume.zone
  • #157,460
  • Aug 12, 2009 4:29pm Aug 12, 2009 4:29pm
Quoting nAVIN2007
if i ever made 25k in forex im sure id pass out b4 i could close it..

I wouldlike to be able to trade a million dollar account one day.

If you risk 2 percent, you can make at least 20k per day!

Very nice corn!

However you may lose it somedays so, be prepared for that too! Lol
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