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Cable Update (GBPUSD)

  • #159,201
  • Aug 19, 2009 7:02am Aug 19, 2009 7:02am
Guys i repeat it again.MM is the most important thing in the Forex world,especially RRR ( Risk Reward Ratio )
My TP is ususaly 100 (sometimes much more) and my SL is 50 pips.I trade on 3 pairs and when i started test and trade my system in 7 days 1500 pips no loss guys.That means that i can lost 30 times and i am in plus.That is MM...
And Human brain hard undestood that point of trade...
"Buy on fear, sell on greed !!!
  • #159,202
  • Aug 19, 2009 7:03am Aug 19, 2009 7:03am
support could be 6200-6230 next I guess.
  • #159,203
  • Aug 19, 2009 7:03am Aug 19, 2009 7:03am
Quoting direct-trade
I made 4757564363007878478 pips/46573738393874656% return on account before my first coffee today....soon I'll own the world whoaaahahahahaha
Why is it people are making so much money and I'm only look'n for BEER money.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #159,204
  • Aug 19, 2009 7:04am Aug 19, 2009 7:04am
I see DOJI in 30 mins
  • #159,205
  • Aug 19, 2009 7:05am Aug 19, 2009 7:05am
Quoting albchr
Come on buddy, you're forgetting about all the little 5 and 10 pip up and down bounces. This guy simply nailed every single one of them on the nose silly....
Oh good call Chris, dame I need to learn his strategy
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #159,206
  • Aug 19, 2009 7:07am Aug 19, 2009 7:07am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
DT, it's all good chinese markets dropped....

This is the only way for chinese investors to realize that investment in the US bonds and US equities is a safe bet


Globals banks have footprint "globally", and when they have the leverage of currency conversion, they can do whatever the heck they want :-)





Quoting direct-trade
I entered long at 16480. The drop down is a knee jerk reaction to the falls in Asia and the BOE minutes. Basically when Asia fell 23% most panicked and dumped their equites etc etc. Now, I think the fall is just a retracement seeing as the Chinese Market has risen 100% in the last 12 Months...so a 23-26% retracement was on the cards anyway.

As far as Cable goes, I dont pay any attentiuon to the news...it doesnt matter what the results of the minutes are, it is already priced in.

My charts show me a choppy sideways market for now, could be until...
  • #159,207
  • Aug 19, 2009 7:07am Aug 19, 2009 7:07am
Quoting Bull_Bear
Oh good call Chris, dame I need to learn his strategy
Yeah come on, try and keep up will ya?
Ghost Rider - WWTBMD?
  • #159,208
  • Aug 19, 2009 7:08am Aug 19, 2009 7:08am
Quoting maurofx
I agree with you...by the way, let's stop socking each other dicks on hawmany pips we made andlet's pay attention to the market guys!!! My downtrend is beggining...short @6415

looks like the retrace is over

will join you at 6375
Lets Soar The Sky
  • #159,209
  • Aug 19, 2009 7:09am Aug 19, 2009 7:09am
Quoting Petar_Serbia
Guys i repeat it again.MM is the most important thing in the Forex world,especially RRR ( Risk Reward Ratio )
My TP is ususaly 100 (sometimes much more) and my SL is 50 pips.I trade on 3 pairs and when i started test and trade my system in 7 days 1500 pips no loss guys.That means that i can lost 30 times and i am in plus.That is MM...
And Human brain hard undestood that point of trade...
Good for you.

Here, have a lollipop
Attached Image
  • #159,210
  • Aug 19, 2009 7:10am Aug 19, 2009 7:10am
Quoting Bull_Bear
Oh good call Chris, dame I need to learn his strategy
what basis do you see upside to 6490? I cant see the momentum being that large
Lets Soar The Sky
  • #159,211
  • Aug 19, 2009 7:10am Aug 19, 2009 7:10am
Quoting direct-trade
Good for you.

Here, have a lollipop
Dame your a crack up .....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #159,212
  • Aug 19, 2009 7:15am Aug 19, 2009 7:15am
Quoting Bull_Bear
Why is it people are making so much money and I'm only look'n for BEER money.
So how the hell do you pay the maintenance bills on your Lear Jet?
  • #159,213
  • Aug 19, 2009 7:16am Aug 19, 2009 7:16am
It looks this dam Doji helped moving market south.
  • #159,214
  • Aug 19, 2009 7:17am Aug 19, 2009 7:17am
Quoting soartosky
looks like the retrace is over

will join you at 6375
Welcome, I saved you a seat
  • #159,215
  • Aug 19, 2009 7:19am Aug 19, 2009 7:19am
Quoting soartosky
what basis do you see upside to 6490? I cant see the momentum being that large
I guess all my calls.

Still holding for the upside and SL is in place
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #159,216
  • Aug 19, 2009 7:19am Aug 19, 2009 7:19am
get cracking baby

maybe we should do a forex factory facebook group or something


just crack that 78 line man

wanna see some big move
Lets Soar The Sky
  • #159,217
  • Aug 19, 2009 7:23am Aug 19, 2009 7:23am
planning to go long at 1.6380. is it safe?
  • #159,218
  • Aug 19, 2009 7:25am Aug 19, 2009 7:25am
Its look like head and shoulder in 30 min chart

what you think guys
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 8 KB
  • #159,219
  • Aug 19, 2009 7:28am Aug 19, 2009 7:28am
dive dragon dive!
Thank You
  • #159,220
  • Aug 19, 2009 7:29am Aug 19, 2009 7:29am
Quoting pakitrader
Its look like head and shoulder in 30 min chart

what you think guys
There's a big ass h&s on the H4 you couldn't miss.
Thank You
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