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Cable Update (GBPUSD)

  • #171,941
  • Oct 1, 2009 10:04am Oct 1, 2009 10:04am
Thanks Xtrade and WB...I thought it is abbreviation for something else.
As of writing...wow look at the last M5, sure wiped out lots of SL. No more PA, gonna watch it do whatever she likes.
  • #171,942
  • Oct 1, 2009 10:05am Oct 1, 2009 10:05am
Quoting nAVIN2007
the way he is going he gonna pass out of stress b4 NY close and miss the move

what yah thinking about dorection now bro, still same?
You're that short fat kid aren't you?

lol

Acutally, headed to work, enjoy the trading day!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #171,943
  • Oct 1, 2009 10:05am Oct 1, 2009 10:05am
Quoting Nene
Tuesday we finished a nice morning star. Can't see it coming back, Sir. Especially when I look an the U/J and see it diving.

Jim

seeing is believing
  • #171,944
  • Oct 1, 2009 10:09am Oct 1, 2009 10:09am
Quoting Magix
I dumped a few at a loss, grabbed a short for some quick pips and then added my longs for hold. This morning added to my long position and gunna hold for my targeted area of between 1.6255 and 1.63.

Nice on the Dylan Thomas Quote....
Haha!

Now I am regretting not selling on the spike!

Aint hindsight great!

Yeah, I thought we may all need something a bit poetic in here...since cable isnt giving us anything of the sort, just die or get better enough rageing already! Lol!

We're right back where we started!
  • #171,945
  • Oct 1, 2009 10:09am Oct 1, 2009 10:09am
Quoting Magix
You're that short fat kid aren't you?

lol

Acutally, headed to work, enjoy the trading day!



yup just giving yah the blows everytime the elevator tries to come up! just kidding bro...have a good one!

stress will kill u
  • #171,946
  • Oct 1, 2009 10:10am Oct 1, 2009 10:10am
short n long at the same time
  • #171,947
  • Oct 1, 2009 10:11am Oct 1, 2009 10:11am
Quoting kill
salam

all the way to london underground
wsalam

no, not yet
Thank You
  • #171,948
  • Oct 1, 2009 10:12am Oct 1, 2009 10:12am
Quoting kill
short n long at the same time
dump the long - killer short @ .5946
  • #171,949
  • Oct 1, 2009 10:13am Oct 1, 2009 10:13am
Quoting nAVIN2007
the way he is going he gonna pass out of stress b4 NY close and miss the move

what yah thinking about dorection now bro, still same?
lol

yea bro .. there's nothing to short atm.
Falling wedge on the dow as well.
Thank You
  • #171,950
  • Oct 1, 2009 10:14am Oct 1, 2009 10:14am
room dow is digggen its grave with oil n gold doing the same do the math
  • #171,951
  • Oct 1, 2009 10:16am Oct 1, 2009 10:16am
Quoting antic81
Haha!

Now I am regretting not selling on the spike!

Aint hindsight great!

Yeah, I thought we may all need something a bit poetic in here...since cable isnt giving us anything of the sort, just die or get better enough rageing already! Lol!

We're right back where we started!

It's all about higher lows and higher highs, as long as we in the good graces of the 24MA on the 4hr, and not closing the hourly below the same.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #171,952
  • Oct 1, 2009 10:20am Oct 1, 2009 10:20am
Quoting wormboy
lol

yea bro .. there's nothing to short atm.
Falling wedge on the dow as well.
i will be in shock if we go up! ..even today has sell all over it
but i agree nothing to support a trade because we in a range
  • #171,953
  • Oct 1, 2009 10:20am Oct 1, 2009 10:20am
Just reached my daily target. Going to sleep. Now 10:20pm. See you all ! Just remember : Stay on and patient.... GL
  • #171,954
  • Oct 1, 2009 10:29am Oct 1, 2009 10:29am
Nothing is ever the way it seems the night before NFP. You should know that, Nav. The dollar is getting weeker by the moment and I am hearing from good sources that USD/JPY is on a long term death roll toward the 79.00 area.

Jim

Quoting nAVIN2007
i will be in shock if we go up! ..even today has sell all over it
but i agree nothing to support a trade because we in a range
  • #171,955
  • Oct 1, 2009 10:30am Oct 1, 2009 10:30am
Quoting evmeida_id
Just reached my daily target. Going to sleep. Now 10:20pm. See you all ! Just remember : Stay on and patient.... GL
long time been silent reader..can i join the club
Trade To Live
  • #171,956
  • Oct 1, 2009 10:31am Oct 1, 2009 10:31am
Don't get me wrong, this thing might go and test 1.5900 area before it turns, but it will go long.

Jim

Quoting Nene
Nothing is ever the way it seems the night before NFP. You should know that, Nav. The dollar is getting weeker by the moment and I am hearing from good sources that USD/JPY is on a long term death roll toward the 79.00 area.

Jim
  • #171,957
  • Oct 1, 2009 10:33am Oct 1, 2009 10:33am
Quoting Nene
Nothing is ever the way it seems the night before NFP. You should know that, Nav. The dollar is getting weeker by the moment and I am hearing from good sources that USD/JPY is on a long term death roll toward the 79.00 area.

Jim

i tell u something i can trade the chart and the news is in the chart.....i traded on demo and made crazy pips not taking any news into account...
the fact is the news clouds what u see, its that simple.I trade naked chart simply trading price action, no forecasting at all...

theres absolutely nothing to support a long, nothing! apart from non farm and that hasnt even happened...lol

so tell me why long is good
  • #171,958
  • Oct 1, 2009 10:36am Oct 1, 2009 10:36am
Quoting nAVIN2007
i will be in shock if we go up! ..even today has sell all over it
but i agree nothing to support a trade because we in a range
be prepared for a shocker then brother. could happen

dow had 2 sell days yet cable continued higher.
dow now found support & is trading in a falling wedge ... possible turn if the support holds. I'd imagine it won't be good news for the dollar once dow pullsback. gbplfx is still pulling up.
You know well enough how long I've been calling 5300 and want this sucker to tank hard ( I still have an open short position from 68xx level btw) & it'll be a nice payday to close that but, in addition from the short term bullish H4 cable chart I posted earlier, the mentioned above keeps reminding me this move up might not be over yet. Makes me uneasy positioning too early under these circumstances. I mean really, we've been hearing this "this thing is gonna tank bla bla bla" since monday. I'd love that too lol, but it's now thursday and we're still testing 6000.
I tell you what an account blower is bro, it's adding to short position since monday & hoping. I will only resume short when I see a clear breakout
Thank You
  • #171,959
  • Oct 1, 2009 10:37am Oct 1, 2009 10:37am
I will not argue with you there Nav. Been around here for a long time and you probably remember me as H1H1, so you know me for a little while...LOL

Quoting nAVIN2007
i tell u something i can trade the chart and the news is in the chart.....i traded on demo and made crazy pips not taking any news into account...
the fact is the news clouds what u see, its that simple
  • #171,960
  • Oct 1, 2009 10:40am Oct 1, 2009 10:40am
Quoting Bullbear0072
Kill - here it is. Took me a bit to find where I got it from. Simple but very effective. Go to [color=#008000]www.forexmt4.com/_MT4_Experts/OsMA.mq4 this is an instant download in mq4. Change the settings from 12,12,9 to 7,13,9 and only use this on the 4h timeframe. All lower timeframes use what you are now but this will keep you in line with the true trend. The market is only long when Osma is above...
Thank you for indi...Do you mind to post it here please...? I couldnt download it.....
The Market pays you to be disciplined
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