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Cable Update (GBPUSD)

  • #167,441
  • Sep 21, 2009 6:38am Sep 21, 2009 6:38am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Hey Guys,

never seen this forum so quite, what's up. where is everyone????
I do not get it, why people get offended by anyone. If someone brags about their knowledge etc (mature traders, trading from a while on this forum harldy do it). Just ignore it. Act like a grown up.

IMO, whosoever says what, just ignore it if it's not related to you or try and reason with the person who mentioned it about you. If there are no names then just don't bother about who said what. Life as a trader is short anyways (depends on the bank account either ways :-) , and we have to many worries to worry about :-) , lol

I have my fair share of arrogance and stupidity but I do not backout.
That's how life works.
Just take a chill pill and roll on folks. Life is too short.

BTW, PA is giving me long direction for some reason. Lot of buying.
Any views?
  • #167,442
  • Sep 21, 2009 6:41am Sep 21, 2009 6:41am
http://www.forexfactory.com/showpost...ostcount=44255

Quoting ams
Hey Guys,

never seen this forum so quite, what's up. where is everyone????
I do not get it, why people get offended by anyone. If someone brags about their knowledge etc (mature traders, trading from a while on this forum harldy do it). Just ignore it. Act like grown ups.

IMO, whosoever says what, just ignore it if it's not related to you or try and reason with the person who mentioned it. If there are no names then just don't bother about who said what. It's small life and we have to many worries to worry about :-) , lol

I have my fair...
Que
  • #167,443
  • Sep 21, 2009 6:43am Sep 21, 2009 6:43am
cable trendline on 15min,

charts show the picture well,

small probablity of trendline break, then push higher, see the upside limited today though, good prob of test of low.....

higher prob that it will move sideways, thin conditions as japs holiday
Attached Image (click to enlarge)
Click to Enlarge Name: cable trendline.gif Size: 27 KB
Trading is 80% Emotional, 20% Technical
  • #167,444
  • Sep 21, 2009 6:44am Sep 21, 2009 6:44am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Cheers Que,
I am expecting some retrace here. Perhaps 62500 is a good entry about.
I am only concered that , infact I'll be damn'd if selling starts before dow touches 10000. ftse touched 5000+.
I mean that'll be just sheer manipulation. We are very near and I do not see that happening. If it happens, I do not control the market anyways and to hell with it :-)
IMO, cable and EU should go back to the 65-66, 47,48 levels and then fall drastically. Dow might fall 1000 points or more once it reaches 10xxx.




Quoting Que
http://www.forexfactory.com/showpost...ostcount=44255
  • #167,445
  • Sep 21, 2009 6:56am Sep 21, 2009 6:56am
Quoting salah k.
its all good
woking and trading
how are u
how are bones and carrera
are they posting regularly

carrera havent seen from him at all, tony is doing great...has become a fantastic trader we all still in the game which is a good thing i guess..hows your trading coming along.....would be nice to see your analysis of this pair..

anyways bro! keep in touch..
  • #167,446
  • Sep 21, 2009 7:10am Sep 21, 2009 7:10am
Quoting GlobalMacro
Buying here @ 1.6214

cya LDN...
Alright Crew....something's eerily weird with this PA....I'm outta the long position @ 1.6177 with a donation of 37 pips....

My Position Now is FLAT.
Hear the music before the song is over ...
  • #167,447
  • Sep 21, 2009 7:24am Sep 21, 2009 7:24am
Quoting GlobalMacro
Alright Crew....something's eerily weird with this PA....I'm outta the long position @ 1.6177 with a donation of 37 pips....

My Position Now is FLAT.
Join me at 1.6110 GM.... Lets take her back up to 1.6300 / 1.6400
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,448
  • Sep 21, 2009 7:27am Sep 21, 2009 7:27am
Quoting Bull_Bear
Join me at 1.6110 GM.... Lets take her back up to 1.6300 / 1.6400
lol...

no bro...I got stopped out three times in a row...My rule says take a vacation in a situation of this nature...
Hear the music before the song is over ...
  • #167,449
  • Sep 21, 2009 7:30am Sep 21, 2009 7:30am
Quoting GlobalMacro
lol...

no bro...I got stopped out three times in a row...My rule says take a vacation in a situation of this nature...
Yup stick to your rules bro. Once EUR hits 1.4600, I taking cable long.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,450
  • Sep 21, 2009 7:33am Sep 21, 2009 7:33am
Add another long at 1.6145 TP 1.6350
  • #167,451
  • Sep 21, 2009 7:35am Sep 21, 2009 7:35am
Quoting Bull_Bear
Yup stick to your rules bro. Once EUR hits 1.4600, I taking cable long.....
I'm long USDX Dec contract though and U/J as mentioned on Sunday...
Hear the music before the song is over ...
  • #167,452
  • Sep 21, 2009 7:45am Sep 21, 2009 7:45am
Quoting GlobalMacro
I'm long USDX Dec contract though and U/J as mentioned on Sunday...
Can't argue with that....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,453
  • Sep 21, 2009 7:58am Sep 21, 2009 7:58am
Quoting Bull_Bear
Can't argue with that....
U/J popped up nice....so I'm gonna get out of all my positions before FOMC meeting...
Hear the music before the song is over ...
  • #167,454
  • Sep 21, 2009 8:11am Sep 21, 2009 8:11am
Are we getting there?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable 21.09.09 ...1500.gif Size: 26 KB
Click to Enlarge Name: yorowpound 21.09.09 ...1500pm.gif Size: 17 KB
  • #167,455
  • Sep 21, 2009 9:11am Sep 21, 2009 9:11am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Seems cable is again looking for a breakout...
Don't know about EU, does someone need to shout nuke for EU to fall or what, this pce of sh*t doesn't drop. holding short from 47200. Thought might go atleats 200-300 pips . It's like a rock and I hate it atm.

All game between two players. Actually 3, don't forget aussie....
although it's holiday in asia but someone started selling cable before london open.

The way these currencies are acting atm is very confusing. Pound up against yen shows it's bought heavily across the board. Now it's stuck.
  • #167,456
  • Sep 21, 2009 9:15am Sep 21, 2009 9:15am
Good day to you all,

I have witnessed a fast deterioration on the tread today. I am sorry to see this happening....

To the following members: DT, BB, Wormboy, nAVIN2007, BBmac, GM, Chris.... I am sorry if I have missed anyone. All the way down to me and others, - you can not leave us all like this.

This thread has been insanely valuable to me in person, and I like to believe a lot of others too. Let us get over this small little hurdle. Please dig deep and respond to your inner calling to assist others in seeing different views. To educate, to share, to enlighten.

I know that I have become a better person and trader since joining. I was received with open arms from day one. Please set aside the things that irritate, and share your skillls, knowledge, opinion, jokes, banter and the like....

I personally would not like any of you to retract. Too much information lost at the end. I beg you - continue sharing your expertise - it is soaked up, disected and processed by a lot of individuals...

Please come home.

My highest regards
  • #167,457
  • Sep 21, 2009 9:18am Sep 21, 2009 9:18am
Quoting ams
Seems cable is again looking for a breakout...
Don't know about EU, does someone need to shout nuke for EU to fall or what, this pce of sh*t doesn't drop. holding short from 47200. Thought might go atleats 200-300 pips . It's like a rock and I hate it atm.

All game between two players. Actually 3, don't forget aussie....
although it's holiday in asia but someone started selling cable before london open.

The way these currencies are acting atm is very confusing. Pound up against yen shows it's bought heavily across the board. Now it's stuck.
relax bro, relax

Inserted Video
  • #167,458
  • Sep 21, 2009 9:18am Sep 21, 2009 9:18am
Time to tank BB
  • #167,459
  • Sep 21, 2009 9:28am Sep 21, 2009 9:28am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Hey Nav,

Will try mate. I know it's all because of FOMC on wednesday and I might need to take chill pill myself :-)

Interesting read below:


Dollar's rebound extends in early US session on the back of further weakness in commodities. Gold takes out 1000 level and dips to as low as 996.3 while crude oil also falls through 70 level and reaches as low as 69.1 so far. Dollar index is back above 77 level and is set to take on 77.24 near term resistance. The greenback is also lifted as traders are paring short positions ahead of Wednesday's FOMC announcement. There were some speculations that Fed will hint on withdrawal from QE.


Dollar buying is for a reason. So we might see spikes either way. Until then, who knows more dollar buying, it's only 2 more trading days....Ahhhhhhhhhhhhhhhhhh it's too much to handle...




Quoting nAVIN2007
relax bro, relax

http://www.youtube.com/watch?v=7-BSBJ-fmMY
  • #167,460
  • Sep 21, 2009 9:34am Sep 21, 2009 9:34am
Quoting TauTrader
Good day to you all,

I have witnessed a fast deterioration on the tread today....
no azim in celebrating, and i think the rest of us right now are simplying waiting TauTrader yur a great person, liking u lots must u have to understand right now is a waiting game.....

this forum can do this to people, u can over trade without even realising..i need to dig deep, i dont scalp so im waiting for a PA to show me something where i can enter a trade for a bit of time.

i dont like to scalp and go against trend...i see a buy signal but i wont take it......im looking for a PA to short....

the minute i see that..i will post what im thinking....

I did this last week i looked for a signal, enter switched to lower, saw consolidation, tried to play bounce and got it! and i dont want to go down that path again.....i hope u understand.....

if u ever need my view u only have to ask...i will always help any1 i can

( im waiting for 1.60 or 1.6350-1.64 ....and PA of a dailly)
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