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Cable Update (GBPUSD)

  • #166,781
  • Sep 17, 2009 1:34pm Sep 17, 2009 1:34pm
Quoting albchr
Good luck...

My 15m tells me it's "probably" still going down some. Will see what it does around 20
Hi Chris,

My chart shows it as about to go... up... ??
Today has been so hard to read....

V
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.gif Size: 34 KB
A pip is only worth it if you know how much you risked to earn it
  • #166,782
  • Sep 17, 2009 1:36pm Sep 17, 2009 1:36pm
Quoting Magix
I posted this last night nAV....
thanks man.....u are right....price has a habbit of coming back 80% of the time, which means u can make money either way 80% of the time....i think the difference to a year back is i was so nervous about trading, i can now think much more clearer..

thank u for yor encouraging words means a lot bro
  • #166,783
  • Sep 17, 2009 1:38pm Sep 17, 2009 1:38pm
This is the song for her to go back up where we all want her to be

Inserted Video
-- There's no winner without lose --
  • #166,784
  • Sep 17, 2009 1:45pm Sep 17, 2009 1:45pm
Quoting JamesCZ
This is the song for her to go back up where we all want her to be

http://www.youtube.com/watch?v=5GZlJr1c48k
Nice one bro... that actually put a smile to my face!
A pip is only worth it if you know how much you risked to earn it
  • #166,785
  • Sep 17, 2009 1:46pm Sep 17, 2009 1:46pm
Quoting vlady1974
Sigh... what a bitch of a day to get in.

I promised myself composure and that's how I approached my day trade this morning at 7am. Came out of the Tube at 9:35 and the bitch news stopped me out.... and then carried on up

But thanks to all you guys, pros and newbies (like me) who've had dramas today and have posted funny and yet sensible and inspirational words here today. It's made me determined to get this right.

I've got a small spreadbet account, so I can't do MM as well as I'd like; each pip is a min £1 so getting the call...
Hello,

Try IG Index, as they allow min pip stake of 10p and you'll enjoy the tax benefits of being with a spread bet provider. This will allow you to operate with less leverage and stress. Although I can't comment on how reliable they are as a broker.

Cheers, Paul
  • #166,786
  • Sep 17, 2009 1:48pm Sep 17, 2009 1:48pm
Quoting vlady1974
Hi Chris,

My chart shows it as about to go... up... ??
Today has been so hard to read....

V
It very well might Vlady. I'm not convinced yet but at ths time of day, anything is possible. Last two 15m bars closed below my 10ema. Doesn't mean it "won't" go up but I'd like to see a 15m close above it first.

Just mho
Ghost Rider - WWTBMD?
  • #166,787
  • Sep 17, 2009 1:52pm Sep 17, 2009 1:52pm
Quoting vlady1974
Nice one bro... that actually put a smile to my face!
That's great to hear...you're actually in bro? And about your broker, I've acc in ibfx and they have also microlots, so you can manage your risk as you want
-- There's no winner without lose --
  • #166,788
  • Sep 17, 2009 1:52pm Sep 17, 2009 1:52pm
ive just noticed something.....its a long shot but i think its possible....

inverse head and shoulder

get it long shot!!!!
Attached Image (click to enlarge)
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  • #166,789
  • Sep 17, 2009 2:00pm Sep 17, 2009 2:00pm
anyone know why IBFX has a 10 pip spread on GU right now?
  • #166,790
  • Sep 17, 2009 2:01pm Sep 17, 2009 2:01pm
Quoting K Ryan
anyone know why IBFX has a 10 pip spread on GU right now?
I guess it's because of swap was counted atm.
-- There's no winner without lose --
  • #166,791
  • Sep 17, 2009 2:11pm Sep 17, 2009 2:11pm
i guess it just me then.....
  • #166,792
  • Sep 17, 2009 2:13pm Sep 17, 2009 2:13pm
Quoting nAVIN2007
i guess it just me then.....
What? That bloody spread is 10 pips even now...how long they want hold it?
-- There's no winner without lose --
  • #166,793
  • Sep 17, 2009 2:18pm Sep 17, 2009 2:18pm
Quoting JamesCZ
What? That bloody spread is 10 pips even now...how long they want hold it?
10 pips wow!! thats crazyness...

i meant the inverse head n shoulder....THE SHAMPOO
  • #166,794
  • Sep 17, 2009 2:22pm Sep 17, 2009 2:22pm
Quoting nAVIN2007
10 pips wow!! thats crazyness...

i meant the inverse head n shoulder....THE SHAMPOO
It's standard 4 pips now...

I don't think that pattern is there, even if I don't know it well I just don't see the second shoulder in the same price as the first one..it's higher..maybe?
-- There's no winner without lose --
  • #166,795
  • Sep 17, 2009 2:31pm Sep 17, 2009 2:31pm
Quoting JamesCZ
It's standard 4 pips now...

I don't think that pattern is there, even if I don't know it well I just don't see the second shoulder in the same price as the first one..it's higher..maybe?

its meant to be higher thats the whole point....its shows a possible higher low..trend is getting weaker...
  • #166,796
  • Sep 17, 2009 2:31pm Sep 17, 2009 2:31pm
Quoting K Ryan
anyone know why IBFX has a 10 pip spread on GU right now?
Low liquidity. No surprise as they tell you that up front all the time. I agree that 10 is a bit much which is why I ALWAYS look before placing an order.
Ghost Rider - WWTBMD?
  • #166,797
  • Sep 17, 2009 2:32pm Sep 17, 2009 2:32pm
Quoting lozica
up up..
Yep, ripping along now huh?
Ghost Rider - WWTBMD?
  • #166,798
  • Sep 17, 2009 2:37pm Sep 17, 2009 2:37pm
Quoting nAVIN2007
its meant to be higher thats the whole point....its shows a possible higher low..trend is getting weaker...
Oh, I see now....in that case: Yes, there could be a shampoo pattern

Hope she'll move up before I fall asleep...it's really late here.
-- There's no winner without lose --
  • #166,799
  • Sep 17, 2009 2:52pm Sep 17, 2009 2:52pm
To all the folks with the helpful advice on IG Index, I've taken the plunge and signed up. Thanks for your support - I really really appreciate it!
A pip is only worth it if you know how much you risked to earn it
  • #166,800
  • Sep 17, 2009 2:58pm Sep 17, 2009 2:58pm
Morning Guys,

I did warn people last night not to be fooled by the rise, here's my reasoning.

Sell pressure will continue today for cable and Dragon. Still waiting for the EUR 4h divergence to take effect.....

Possibly see you guys late in the London session

Good luck
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Veni, Vidi, Vici (We came, we saw, we conquered)
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