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Cable Update (GBPUSD)

  • #161,881
  • Aug 31, 2009 5:44am Aug 31, 2009 5:44am
Quoting wormboy
oh yea, us higher timeframe losers are definitely losing out because of lagging pa lol. Oh wait, but how did I manage to drop this short last friday?
Like I said, I can do this all day. Stop bashing the higher tf just because you don't know how to trade it. I can make you look really silly.
As long as we make money, there's no need for competition amongst ourselves.
Good luck
Just want to make it clear that I have never called what I do on the 1 min chart the Holy Grail or even the Holy Crap! That rumor was started by another.

I have full respect for any person who can pull pips out of the market and deposit them into the Hip National Bank, NO MATTER WHAT TIME FRAME.

I sincerely hope that someday soon we can all gather at some tropical beach and laugh about all of the crazy trades we took while sipping some tropical drink with an umbrella in it.
  • #161,882
  • Aug 31, 2009 5:44am Aug 31, 2009 5:44am
Quoting Pyramus

Hear the music before the song is over ...
  • #161,883
  • Aug 31, 2009 5:45am Aug 31, 2009 5:45am
Quoting wormboy
Great job bro.

I got paid on dragon. Check it out:
http://www.forexfactory.com/showpost...postcount=2697

The dow gave away freebies on that short:
http://www.forexfactory.com/showpost...postcount=2698

oh yea, us higher timeframe losers are definitely losing out because of lagging pa lol. Oh wait, but how did I manage to drop this short last friday?
Like I said, I can do this all day. Stop bashing the higher tf just because you don't know how to trade it. I can make you look really silly.
As long...
He's got no idea..... BIG L on his forehead
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,884
  • Aug 31, 2009 5:46am Aug 31, 2009 5:46am
Quoting mcfx
tp .6385 please

Tough Target........ But I think Itz a Bearish Still.... going to touch 1.6000 then May be Return From 1.5800 Upto 1.6400

The Actual Reason Behind this Bearish Tren is BOE Is nOt Interested in Strong Currency due to Itz GDP weakness...

Regards:
  • #161,885
  • Aug 31, 2009 5:47am Aug 31, 2009 5:47am
Quoting Bull_Bear
Good luck buddy, traveling a dangerous rd.... I spot a drink this friday if we see 1.6100
not that sure about the danger buddy.. we'll probably see highs before the lows...
drinks though are on either way...
Hear the music before the song is over ...
  • #161,886
  • Aug 31, 2009 5:47am Aug 31, 2009 5:47am
Quoting GlobalMacro
Actually I abandoned the short ship ever since Thursday bro...didn't trade Friday at all...and am really liking this level for a bull swing....
I think this should pay for friday's drink...if we see 1.6100 though, I'll re-assess...
Same here I'm currently looking at previous trade scenario of July 9 to July 13 after that massive drop and saw a rebound that lead to a trend reversal. If we don't break 1.6150 by today then we will see a swing up.
  • #161,887
  • Aug 31, 2009 5:49am Aug 31, 2009 5:49am
Quoting Pyramus
Same here I'm currently looking at previous trade scenario of July 9 to July 13 after that massive drop and saw a rebound that lead to a trend reversal. If we don't break 1.6150 by today then we will see a swing up.

longs are a good idea right now...but remember only as a swing play!
Hear the music before the song is over ...
  • #161,888
  • Aug 31, 2009 5:53am Aug 31, 2009 5:53am
Quoting magnumfreak
Just want to make it clear that I have never called what I do on the 1 min chart the Holy Grail or even the Holy Crap! That rumor was started by another.

I have full respect for any person who can pull pips out of the market and deposit them into the Hip National Bank, NO MATTER WHAT TIME FRAME.

I sincerely hope that someday soon we can all gather at some tropical beach and laugh about all of the crazy trades we took while sipping some tropical drink with an umbrella in it.
I didn't direct that towards you mate.
And yes I agree with you, what TF does not matter as long as we make money.
Thank You
  • #161,889
  • Aug 31, 2009 5:53am Aug 31, 2009 5:53am
Quoting GlobalMacro
not that sure about the danger buddy.. we'll probably see highs before the lows...
drinks though are on either way...
We've had drinking sessions in the past. Hate to see the party start without you bro.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,890
  • Aug 31, 2009 5:54am Aug 31, 2009 5:54am
ok be back later. time to break fast. food mmmmmmmmmm
good luck everyone
Thank You
  • #161,891
  • Aug 31, 2009 5:57am Aug 31, 2009 5:57am
Quoting wormboy
ok be back later. time to break fast. food mmmmmmmmmm
good luck everyone
happy chowing brother!...damn man u got some good food over there!..i get hungry just thinking about it
  • #161,892
  • Aug 31, 2009 5:57am Aug 31, 2009 5:57am
Quoting Bull_Bear
We've had drinking sessions in the past. Hate to see the party start without you bro.
OK...I see you mean business with your shorts. Let me double-check!

btw do you see any supports here on your charts? anything?
Hear the music before the song is over ...
  • #161,893
  • Aug 31, 2009 5:59am Aug 31, 2009 5:59am
Quoting magnumfreak
Just want to make it clear that I have never called what I do on the 1 min chart the Holy Grail or even the Holy Crap! That rumor was started by another.

I have full respect for any person who can pull pips out of the market and deposit them into the Hip National Bank, NO MATTER WHAT TIME FRAME.

I sincerely hope that someday soon we can all gather at some tropical beach and laugh about all of the crazy trades we took while sipping some tropical drink with an umbrella in it.
Now THERE'S an idea I really like the sound of.....
Ghost Rider - WWTBMD?
  • #161,894
  • Aug 31, 2009 6:02am Aug 31, 2009 6:02am
I still hold short, but I took a long 1.6191 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #161,895
  • Aug 31, 2009 6:02am Aug 31, 2009 6:02am
Quoting GlobalMacro
OK...I see you mean business with your shorts. Let me double-check!

btw do you see any supports here on your charts? anything?

Nope...I double-checked....It's even got more bullish...
I stay with my long bias for a swing upstairs...we'll take it from there then....
Hear the music before the song is over ...
  • #161,896
  • Aug 31, 2009 6:03am Aug 31, 2009 6:03am
Quoting GlobalMacro
Nope...I double-checked....It's even got more bullish...
I stay with my long bias for a swing upstairs...we'll take it from there then....

mmmm yes
  • #161,897
  • Aug 31, 2009 6:04am Aug 31, 2009 6:04am
Quoting GlobalMacro
OK...I see you mean business with your shorts. Let me double-check!

btw do you see any supports here on your charts? anything?
1.6220 is resistance.... 1.6100 is support
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,898
  • Aug 31, 2009 6:05am Aug 31, 2009 6:05am
bull trap..

this is stalling cause of dragon...but there no momentum on the upside..
  • #161,899
  • Aug 31, 2009 6:05am Aug 31, 2009 6:05am
Quoting magnumfreak
I sincerely hope that someday soon we can all gather at some tropical beach and laugh about all of the crazy trades we took while sipping some tropical drink with an umbrella in it.

Oh yes! Cheers to that...
we need to find out which beach has the most fun in it though on time...
Hear the music before the song is over ...
  • #161,900
  • Aug 31, 2009 6:08am Aug 31, 2009 6:08am
Hi traders,

i am a newbie, i just want to look your analysis. do you post your ananlysis anywhere in this forum. how your are deciding short or long in cable?
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