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Cable Update (GBPUSD)

  • #161,241
  • Aug 27, 2009 5:35am Aug 27, 2009 5:35am
HELLO TO ALLZ
  • #161,242
  • Aug 27, 2009 5:35am Aug 27, 2009 5:35am
Quoting grashid
I think richlady is a gay...
try to convince WB with some flirting stuff...

she is what???????...damn!!!!!....

WB bro she's ALL yours...

Hear the music before the song is over ...
  • #161,243
  • Aug 27, 2009 5:38am Aug 27, 2009 5:38am
Quoting antic81
Thanks for that, I also look for similar profits and take a gander at all the times, sometimes I spot something on the 30 min or 1 hr that I have missed on the smaller time frame.

What I have yet to get to grips with is the influence of the news on cable, high impact news just released and cable barely flinched, on other days we get huge apposing candles forming quickly...

When I can understand why that happens I will feel a lot better!
Hi. what you need to understand is that there is no hard and fast rule for trading. expect the unexpected. understand that the market is beyond any one of us and can move in any direction at any time.

Once you really understand this, then you can trade stress free and not chase the market. Let the market come to you.

There are a few senior's here that i have learnt a lot from over the past few weeks.

For too often i was chasing and predicting the lowest low and the highest high but i always got caught out.

Now i just follow the flow. Get in when it is fairly certain.

I'm still new, barely 2 months in FX. Lots more to learn.

Just my 2 cents.

Good luck everyone and thanks for all the insights!! Keep em coming!!!
  • #161,244
  • Aug 27, 2009 5:39am Aug 27, 2009 5:39am
Hi BB,WB, Grashid..

Well we killed all the stupid illogical calls to 1.7000 which everyone thought was a retracement....when we came to 1.6600. My opinion
is 1.5800 as a minimum....by the end of next week and Wormboy...remember my targets....on cable...hopefuly they come into play...

I have not seen much of Direct Trade on here as of late...hope he okay.
Good Day all

Waiting for the following

1. Waiting for a position to go long to 1.6285
2. Have an order ready to go short @ 1.6285 to 1.6050
3. Wait for the retracement to add @ 1.6160 and from there onwards.
My Targets First targets for my shorts is 1.5800

Seeing a retracement on the dragon about 149.50 to 153.50 as well could be good one....lets see...

Good Luck All.
Hope you get well soon Nav
Let Price determine your future!
  • #161,245
  • Aug 27, 2009 5:39am Aug 27, 2009 5:39am
Quoting GlobalMacro
she is what???????...damn!!!!!....

WB bro she's ALL yours...

..... She can play both teams and I'll still be down for that.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,246
  • Aug 27, 2009 5:40am Aug 27, 2009 5:40am
to the haters ... can you dance?



this use to be a fun house..
now it's full of evil clowns ..
It's time to start the countdown ...
I'm gonna burn you down down down ...



Inserted Video
Thank You
  • #161,247
  • Aug 27, 2009 5:40am Aug 27, 2009 5:40am
Quoting GlobalMacro
she is what???????...damn!!!!!....

WB bro she's ALL yours...

Back to trading guys. Do not stray too much...
Great Bodies are Engineered not Born
  • #161,248
  • Aug 27, 2009 5:42am Aug 27, 2009 5:42am
Quoting GlobalMacro
she is what???????...damn!!!!!....

WB bro she's ALL yours...


okay bro

Thank You
  • #161,249
  • Aug 27, 2009 5:45am Aug 27, 2009 5:45am
Quoting Geppyg
Hi BB,WB, Grashid..

Well we killed all the stupid illogical calls to 1.7000 which everyone thought was a retracement....when we came to 1.6600. My opinion
is 1.5800 as a minimum....by the end of next week and Wormboy...remember my targets....on cable...hopefuly they come into play...

I have not seen much of Direct Trade on here as of late...hope he okay.
Good Day all

Waiting for the following

1. Waiting for a position to go long to 1.6285
2. Have an order ready to go short @ 1.6285 to 1.6050
3. Wait for the retracement to add @ 1.6160 and...
Hey bro, I remember those targets.
lemme know if you need a shopping cart to carry those pips bro. I charge 10%

Okay, catch you later bro. I am late!
Thank You
  • #161,250
  • Aug 27, 2009 5:49am Aug 27, 2009 5:49am
Quoting Geppyg
Hi BB,WB, Grashid..

Well we killed all the stupid illogical calls to 1.7000 which everyone thought was a retracement....when we came to 1.6600. My opinion
is 1.5800 as a minimum....by the end of next week and Wormboy...remember my targets....on cable...hopefuly they come into play...

I have not seen much of Direct Trade on here as of late...hope he okay.
Good Day all

Waiting for the following

1. Waiting for a position to go long to 1.6285
2. Have an order ready to go short @ 1.6285 to 1.6050
3. Wait for the retracement to add @ 1.6160 and...
Hey bro,

How you going?.... Not feel'n the best today, might sign off soon.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,251
  • Aug 27, 2009 5:50am Aug 27, 2009 5:50am
Quoting Bull_Bear
Whats doing GM? I think i'm starting to come down with the flu again. Struggling today. Don't know how long I'll last this session.

If I fall sick BEER friday not look'n good

Mi-Lady need a bit of TLC.....

doing alright BB...

you gotta drink lotsa water, orange juice...and just have to nip it in the bud.
or just start drowning yourself in beer that usually helps too....


P.S. I used to be a doctor somewhere, sometime....
Hear the music before the song is over ...
  • #161,252
  • Aug 27, 2009 5:51am Aug 27, 2009 5:51am
Quoting Bull_Bear
Hey bro,

How you going?.... Not feel'n the best today, might sign off soon.
Take good care of yourself.

Remember, Health is Wealth.
Great Bodies are Engineered not Born
  • #161,253
  • Aug 27, 2009 5:54am Aug 27, 2009 5:54am
Quoting Iftikhaar
no way bro. i am using live account. Could you help me out??????????

Iftikhar whats your Location...? I'm Saify +92-333-6060-920
  • #161,254
  • Aug 27, 2009 5:56am Aug 27, 2009 5:56am
Quoting Bull_Bear
Hey bro,

How you going?.... Not feel'n the best today, might sign off soon.
I am okay mate..seems like you have had some good pippage this month...
For me have not caught all of the rally down except for one swing....still have open...with a couple of std lots....but other than that...am waiting for cable to play ball....still hesistant till we see the markets back in sync..

Loving Dragon though...think she is getting easier to trade..lol NOT...

I will try and post my analysis from sunday...
also here is something you might enjoy reading....
ow Options Expiry Trading Strategy
Another observation for you guys to think about....

Based upon activity around the monthly options expiry dates in the US on the 3rd Friday of each month..

there are 2 basic strats...

Strategy 1

Go Long on the friday close before the options expiry (ie the 2nd friday of the month)

Close this long on the following thursday...

since Jan-00:-
Points: 2470
Trades: 69
Wins: 40 (58%)

Strategy 2

Go Short on the the close the thursday, ie the day before options expiry, and close on the following monday's close.

Since Jan-00:-
Points: 3502
Trades: 69
Wins: 44 (64%)

Interesting that this pattern, especially on the short side has held up since 1928, judging by the equity curves. Overall the Short pattern has generated 4,612 points since 1928, even though the index has climbed approx 11,000 points since then.

Geppyg
Let Price determine your future!
  • #161,255
  • Aug 27, 2009 5:58am Aug 27, 2009 5:58am
Quoting GlobalMacro
doing alright BB...

you gotta drink lotsa water, orange juice...and just have to nip it in the bud.
or just start drowning yourself in beer that usually helps too....


P.S. I used to be a doctor somewhere, sometime....
Thanks but look below


Quoting RichLadyFX
Take good care of yourself.

Remember, Health is Wealth.
Finally TLC from Mi-LAdy
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,256
  • Aug 27, 2009 6:00am Aug 27, 2009 6:00am
Quoting Geppyg
I am okay mate..seems like you have had some good pippage this month...
For me have not caught all of the rally down except for one swing....still have open...with a couple of std lots....but other than that...am waiting for cable to play ball....still hesistant till we see the markets back in sync..

Loving Dragon though...think she is getting easier to trade..lol NOT...

I will try and post my analysis from sunday...
also here is something you might enjoy reading....
ow Options Expiry Trading Strategy
Another observation for you guys...
Just enough for BEER money bro.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,257
  • Aug 27, 2009 6:07am Aug 27, 2009 6:07am
Alright guys, I'm outta here, gonna turn in early as am not feel'n well at all.

Later Guys
Trade Well
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,258
  • Aug 27, 2009 6:09am Aug 27, 2009 6:09am
Quoting Bull_Bear
Alright guys, I'm outta here, gonna turn in early as am not feel'n well at all.

Later Guys
Trade Well

Damn, it was starting to get fun around here...you get well soon! you hear bro...
Hear the music before the song is over ...
  • #161,259
  • Aug 27, 2009 6:10am Aug 27, 2009 6:10am
Quoting GlobalMacro
doing alright BB...

you gotta drink lotsa water, orange juice...and just have to nip it in the bud.
or just start drowning yourself in beer that usually helps too....


P.S. I used to be a doctor somewhere, sometime....
You were a doc? Great...I can see why left that...your forex skills are great
Forex success = Patience + Leverage
  • #161,260
  • Aug 27, 2009 6:19am Aug 27, 2009 6:19am
Quoting bidalufias
Hi. what you need to understand is that there is no hard and fast rule for trading. expect the unexpected. understand that the market is beyond any one of us and can move in any direction at any time.

Once you really understand this, then you can trade stress free and not chase the market. Let the market come to you.

There are a few senior's here that i have learnt a lot from over the past few weeks.

For too often i was chasing and predicting the lowest low and the highest high but i always got caught out.

Now i just follow the flow. Get in...
I think this is one of those games where you never stop learning, the day you think you know it all is the day she kicks you in the teath!

I am still trying to decide on what kind of trader I am, I am seriously thinking of joining the chaps on the longer timeframes, I will have a look at my trading log mid month and make a decission, I have been doing farely well up to now, slow and steady, not going after any big kills, just having a really bad week, probably the worst of my trading career thus far,( in terms of consecutive losses) and not done my months profits any good at all!

But she will do what she will do and I accept that, next week could be really profitable, who knows?

With my money management settings I am in for the long game, I suspect there may well be plenty more good weeks than bad ones.

Many thanks!
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