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Cable Update (GBPUSD)

  • #160,981
  • Aug 26, 2009 8:47am Aug 26, 2009 8:47am
after I mentioned 2 weeks back gu 1.6100 and was told by a hot shot trader he hoped my account would be blown up as gu goig to 1.7500 here we are 1.6100 zone

tall I have to say is the weekly does not lie and patience is all that is required
Blogging daily now at www.volume.zone
  • #160,982
  • Aug 26, 2009 8:47am Aug 26, 2009 8:47am
Quoting Bull_Bear
Go back to using cartoons bro, works better
I have been very wrong today, have to reassess my usage of daily counts. looks like I am down today, have tried to get on the longs but it has proved to be costly!
Well done following the trend, I just managed to do the reverse!
May the pips be with you.
Make sure losses are small and profits are bigger!
  • #160,983
  • Aug 26, 2009 8:48am Aug 26, 2009 8:48am
Quoting grashid
grashid wb come to ym plz
  • #160,984
  • Aug 26, 2009 8:51am Aug 26, 2009 8:51am
Quoting GlobalMacro
BB, GM, Wormie, DT,

please tell me which is the next support level? I have shorted @ 6169..is it safe...
Forex success = Patience + Leverage
  • #160,985
  • Aug 26, 2009 8:51am Aug 26, 2009 8:51am
Quoting Faryad
grashid wb come to ym plz
give 1 hr.....i'll change my laptop
  • #160,986
  • Aug 26, 2009 8:52am Aug 26, 2009 8:52am
Quoting Bull_Bear
1.6150 .... for now
And out of cable at 1.6180 instead of 1.6150.... +322 pips (322-145) = +177

All loses recovered.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,987
  • Aug 26, 2009 8:55am Aug 26, 2009 8:55am
I have been following the traders in this forum for approx. one year without remarks. Malcolmb is one of the best. Happy to make first post saying YoutheMan Malcolmb keep up the good work even though some try to bring u down.
  • #160,988
  • Aug 26, 2009 8:55am Aug 26, 2009 8:55am
And EUR closed at 1.4220... +92 pips...

All positions off the table.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,989
  • Aug 26, 2009 8:56am Aug 26, 2009 8:56am
Quoting Bull_Bear
And out of cable at 1.6180 instead of 1.6150.... +322 pips (322-145) = +177

All loses recovered.
That is great!
I have taken the bear taxi having longs in my pockets.
waw, at least some good people got it wright!
Make sure losses are small and profits are bigger!
  • #160,990
  • Aug 26, 2009 8:56am Aug 26, 2009 8:56am
Quoting 2be
I have been very wrong today, have to reassess my usage of daily counts. looks like I am down today, have tried to get on the longs but it has proved to be costly!
Well done following the trend, I just managed to do the reverse!
May the pips be with you.
Don't worry next trade my friend....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,991
  • Aug 26, 2009 8:57am Aug 26, 2009 8:57am
Quoting malcolmb14
after I mentioned 2 weeks back gu 1.6100 and was told by a hot shot trader he hoped my account would be blown up as gu goig to 1.7500 here we are 1.6100 zone

tall I have to say is the weekly does not lie and patience is all that is required
Terrible thing that someone should say they hoped you would blow your account.

Patience is def. needed during these summer months, how are you Mal and what do you see going into next week bro?
  • #160,992
  • Aug 26, 2009 8:58am Aug 26, 2009 8:58am
Quoting 2be
I have been very wrong today, have to reassess my usage of daily counts. looks like I am down today, have tried to get on the longs but it has proved to be costly!
Well done following the trend, I just managed to do the reverse!
May the pips be with you.

no u really didnt..u were following the weekly trend and u bought absolutely where it needed to be bought..this is just forex and a reminder that anything can happen..

i took my eye of the currencies..dragon was the signal that the bull run was coming to a end..(look at monthly on dragon u see a doji) big clue last week in wormies journal i was playing the drop on dragon and got out early, this week i totally forgot infact i stopped doing what i normally do...and ended up scalping
dont assess your method..its just forex buddy!
  • #160,993
  • Aug 26, 2009 8:59am Aug 26, 2009 8:59am
Quoting Bull_Bear
And EUR closed at 1.4220... +92 pips...

All positions off the table.
slow start, great finish...
  • #160,994
  • Aug 26, 2009 8:59am Aug 26, 2009 8:59am
Quoting direct-trade
Thanks,

OK, 1/2 closed here G/U at 16170, others left to run with SL at +50.

G/J, 1/2 closed at 15240, others left to run with SL at +100.
DT good thing we took her off the table.... she's bounce of that level.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,995
  • Aug 26, 2009 8:59am Aug 26, 2009 8:59am
Quoting ashukla1980
BB, GM, Wormie, DT,

please tell me which is the next support level? I have shorted @ 6169..is it safe...
Opening a position right before the news is not a good idea IMHO.
  • #160,996
  • Aug 26, 2009 9:01am Aug 26, 2009 9:01am
Quoting Bull_Bear
Don't worry next trade my friend....
Thanks, I am sure I will be ok. Just allowed myself to be cought in my own wthinking and ignoring the trend in favour of my futail expectation, it does happen. I got a bit back. but still the day is down.
Make sure losses are small and profits are bigger!
  • #160,997
  • Aug 26, 2009 9:01am Aug 26, 2009 9:01am
Quoting nAVIN2007
slow start, great finish...
Only loo'n for BEER money NAV.... will be holding a couple of cold ones this friday
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,998
  • Aug 26, 2009 9:06am Aug 26, 2009 9:06am
Quoting Bull_Bear
DT good thing we took her off the table.... she's bounce of that level.
  • #160,999
  • Aug 26, 2009 9:07am Aug 26, 2009 9:07am
Quoting direct-trade
Opening a position right before the news is not a good idea IMHO.
hmmm will remember this now forever...got hit badly..anywayz this is forex
Forex success = Patience + Leverage
  • #161,000
  • Edited 9:26am Aug 26, 2009 9:11am | Edited 9:26am
Quoting ashukla1980
BB, GM, Wormie, DT,

please tell me which is the next support level? I have shorted @ 6169..is it safe...
I don't think that was a good move you made......
Hear the music before the song is over ...
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