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Cable Update (GBPUSD)

  • #157,801
  • Aug 13, 2009 2:22pm Aug 13, 2009 2:22pm
SO what do one do at this point in time folks? Go Short or long?? I am confused by the market at the moment??? Please give me some advice as i've lost 50% of my account in last couple of days...one thing that i've learned, one shud never trade when not feeling well...I've been not feeling well for the last couple of days and made all wrong calls
  • #157,802
  • Aug 13, 2009 2:23pm Aug 13, 2009 2:23pm
Seems we got a battle of line here... Hehe!
Waiting 1h to close over 80 point.... I'll feel better about my long!
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  • #157,803
  • Aug 13, 2009 2:25pm Aug 13, 2009 2:25pm
hello every one..!!
"HAPPY INDEPENDENCE DAY" TO ALL PAKISTANIS HERE...
FAROOQ..
  • #157,804
  • Aug 13, 2009 2:29pm Aug 13, 2009 2:29pm
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
we still have friggin buyers, dow is still up despite crap news. Time to go long this thing aint' coming down easy soon enough ....
  • #157,805
  • Aug 13, 2009 2:31pm Aug 13, 2009 2:31pm
Quoting elixerripple
hello every one..!!
"HAPPY INDEPENDENCE DAY" TO ALL PAKISTANIS HERE...
FAROOQ..

same 2 u brother...Jashn-e-Azadi Mubarik...Pakistan Zindabad...
  • #157,806
  • Aug 13, 2009 2:36pm Aug 13, 2009 2:36pm
Quoting elixerripple
hello every one..!!
"HAPPY INDEPENDENCE DAY" TO ALL PAKISTANIS HERE...
FAROOQ..
Mubarak Guys. Hope you have a good year.
You've got to be IN IT to WIN IT!
  • #157,807
  • Aug 13, 2009 3:07pm Aug 13, 2009 3:07pm
Quoting elixerripple
hello every one..!!
"HAPPY INDEPENDENCE DAY" TO ALL PAKISTANIS HERE...
FAROOQ..
you too
  • #157,808
  • Aug 13, 2009 3:11pm Aug 13, 2009 3:11pm
Quoting Pak Tiger
SO what do one do at this point in time folks? Go Short or long?? I am confused by the market at the moment??? Please give me some advice as i've lost 50% of my account in last couple of days...one thing that i've learned, one shud never trade when not feeling well...I've been not feeling well for the last couple of days and made all wrong calls
Take a rest of one or two week, reacess your strategy and then trdae again
  • #157,809
  • Aug 13, 2009 3:18pm Aug 13, 2009 3:18pm
Quoting elixerripple
hello every one..!!
"HAPPY INDEPENDENCE DAY" TO ALL PAKISTANIS HERE...
FAROOQ..
Heck it will be fireworks in Bradistan
  • #157,810
  • Aug 13, 2009 3:48pm Aug 13, 2009 3:48pm
Quoting Pak Tiger
SO what do one do at this point in time folks? Go Short or long?? I am confused by the market at the moment??? Please give me some advice as i've lost 50% of my account in last couple of days...one thing that i've learned, one shud never trade when not feeling well...I've been not feeling well for the last couple of days and made all wrong calls
always Remember trend is your friend do not trade against the trend in start i had lost so much but now recovering slowly slowly....and remmber one more thing use forum for confirmation do not follow anyone blindly trade with your own desicion ..hope you understand...


Ub
  • #157,811
  • Aug 13, 2009 4:09pm Aug 13, 2009 4:09pm
went long at 585.
  • #157,812
  • Aug 13, 2009 4:21pm Aug 13, 2009 4:21pm
she has moved nicely from 61.8 to 38.2 (my 4h chart).
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  • #157,813
  • Aug 13, 2009 4:31pm Aug 13, 2009 4:31pm
Angie, are you going long?
  • #157,814
  • Aug 13, 2009 4:31pm Aug 13, 2009 4:31pm
Zl...
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  • #157,815
  • Aug 13, 2009 4:35pm Aug 13, 2009 4:35pm
Quoting ubaidahsan
always Remember trend is your friend do not trade against the trend in start i had lost so much but now recovering slowly slowly....and remmber one more thing use forum for confirmation do not follow anyone blindly trade with your own desicion ..hope you understand...


Ub
Excellent advice

on cnbc you can listen to 4 nobel prize winners and 4 major bank heads of currency operations - and they all say different

so - start with scalping and v tight stop losses and go on from there
  • #157,816
  • Aug 13, 2009 4:37pm Aug 13, 2009 4:37pm
Quoting alex1976
Angie, are you going long?
not yet Alex, but I will long when she retest 380-420 again.
  • #157,817
  • Aug 13, 2009 4:41pm Aug 13, 2009 4:41pm
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
if anyone interested in usd-chf...time to go long 50-100 pip SL...
short aussie against usd..same SL
  • #157,818
  • Aug 13, 2009 4:48pm Aug 13, 2009 4:48pm
oanda 5 pip spread cable

wish i was doing london spreadbet at 2 pips constant & no tax

lovely jubbly
  • #157,819
  • Aug 13, 2009 4:50pm Aug 13, 2009 4:50pm
Good article to read - http://news.bbc.co.uk/1/hi/business/8198766.stm
Probability Professor
  • #157,820
  • Aug 13, 2009 4:52pm Aug 13, 2009 4:52pm
Quoting ams
if anyone interested in usd-chf...time to go long 50-100 pip SL...
short aussie against usd..same SL
would you like to give some reasons for that ?
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
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