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Cable Update (GBPUSD)

  • #171,881
  • Oct 1, 2009 8:23am Oct 1, 2009 8:23am
Quoting Ifty
I have no doubt that you are a gazillion times more experienced than me bro but 'no SL' is absolutely suicidal and totally irresponsible in my opinion but GL anyway.
Important news (ISM) still coming so either you stay aside (surely a good solution for most traders) or you take a trade and don't want to be stopped out by uncontrollable and unrealistic PA just after these news....

But you're right, never trade without SL
Non licet omnibus adire Corinthum
  • #171,882
  • Oct 1, 2009 8:26am Oct 1, 2009 8:26am
holding small short at 5993, gonna wait till us news in 35 min, if that's not gonna take gbp down, probably gonna start looking for long entry, daily hammer has fooled me today quite well
  • #171,883
  • Oct 1, 2009 8:36am Oct 1, 2009 8:36am
Load up the Bus Gus,
We're headed for Flavor Town!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #171,884
  • Oct 1, 2009 8:36am Oct 1, 2009 8:36am
Looks like this puppy wants to test daily pivot again before anything else ( 1.6025 )
  • #171,885
  • Oct 1, 2009 8:44am Oct 1, 2009 8:44am
All the emas on the 5m are within ~4 pips.
The 15m's are within ~6 pips.
The perfect mini-storm is brewin'...

Dr. D.
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  • #171,886
  • Oct 1, 2009 8:46am Oct 1, 2009 8:46am
That's IT!

EFF the EFFING CHARTS!

Next time I enter a position, I doing it on a FRIGGEN COIN TOSS!

I like my chances better
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #171,887
  • Oct 1, 2009 8:53am Oct 1, 2009 8:53am
Quoting Magix
Load up the Bus Gus,
We're headed for Flavor Town!
u going north or south.....
  • #171,888
  • Oct 1, 2009 8:57am Oct 1, 2009 8:57am
Quoting nAVIN2007
u going north or south.....

west is the best then i wiilll for sure go east
  • #171,889
  • Oct 1, 2009 8:58am Oct 1, 2009 8:58am
3m news ism then we see
  • #171,890
  • Oct 1, 2009 8:59am Oct 1, 2009 8:59am
Quoting Magix
That's IT!

EFF the EFFING CHARTS!

Next time I enter a position, I doing it on a FRIGGEN COIN TOSS!

I like my chances better

this is why i swing trade, people say are "but u losing money" i say well, it certainly aint costing me money! account retention

if u dont press the buttons u cant lose the money!

forexlion must be loving it right now...
  • #171,891
  • Oct 1, 2009 8:59am Oct 1, 2009 8:59am
Quoting nAVIN2007
u going north or south.....
Which way is the fence...damn it stuck > down > up, wtf???
Is that all you got? Bring it on and get it over with. Going for a smoke, now.
  • #171,892
  • Oct 1, 2009 9:01am Oct 1, 2009 9:01am
Now they're bunched within 3 pips just
before the news release.

Dr. D.
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  • #171,893
  • Oct 1, 2009 9:09am Oct 1, 2009 9:09am
So what is everyones thoughts on this action...or lack there of, is this just the market bracing itself for tomorows NFP release?

Been sitting between the 38.2 and 23.6 fibs on the 4 Hr for some time now, still looks like it may be heading south now again as I type...then again maybe not!
  • #171,894
  • Oct 1, 2009 9:11am Oct 1, 2009 9:11am
Quoting kill
west is the best then i wiilll for sure go east
yea i should have own...

price is just giving a few blows to the longs, b4 the knockout punch
  • #171,895
  • Oct 1, 2009 9:12am Oct 1, 2009 9:12am
Quoting kill
west is the best then i wiilll for sure go east
yea i should have guess...

price is just giving a few blows to the longs, b4 the knockout punch
  • #171,896
  • Oct 1, 2009 9:12am Oct 1, 2009 9:12am
Quoting nAVIN2007
u going north or south.....
Indicator wise, or so was about an hour ago, at least on my charts were pointed north. It seems to coincide with the fact that the Americans haven't had a chance to play the upswing on the chart or to play from yesterdays top levels.

So, I went long. Which is where I been since Monday, and not that I haven't done okay at this, but I'm a little pissed at the weak performance of the plays.

Limited range, just as indicators correct, they do their best to swing the other way. I know this is the game, but Eff them Effing Eff faces! In other words, I don't gotta be happy about it!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #171,897
  • Oct 1, 2009 9:13am Oct 1, 2009 9:13am
N F P IS THE DAM AMNSWER WAITNG FOR THE BIG DOGS TO COME OUT
  • #171,898
  • Oct 1, 2009 9:13am Oct 1, 2009 9:13am
I'm outta here... stuff this "Do your head in PA"

Later Guys
cya Tom
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #171,899
  • Oct 1, 2009 9:19am Oct 1, 2009 9:19am
Quoting kill
N F P IS THE DAM AMNSWER WAITNG FOR THE BIG DOGS TO COME OUT
Sure, but remember the last release ? No movment compared to the one before it. I guess we'll see...
The Sky is the Limit!
  • #171,900
  • Oct 1, 2009 9:22am Oct 1, 2009 9:22am
Quoting fourxtrader
Now they're bunched within 3 pips just
before the news release.

Dr. D.
And still no reaction.
Stalemate.

zzzzzzzzzzzzzzzzzzzz

Dr. D.


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