Cable Update (GBPUSD)

bro we are geting there i hope soon

Nice job ! Another inpiration for me to improve the strategy ! Thanks bro !

it better be.
my wager with gm runs up till end of december only lol

I am trying. Thank you Good trading to you too

Evening all,

I have just uploaded the long trade which I took on this morning, the video covers a range of different things (Fibs / Elliot Wave + standard 4H MACD) I have also explained candle formations around the key levels to help you people understand how to take advantage of strong moves like today.

If you have any questions, please PM / Email me and I will try and answer everyone.



Please rate & comment on the video as it helps others learn & allows me to move up the ranking on youtube.

Cheers WG

I stopped shorting this thing since we break 1.6530
http://www.forexfactory.com/showthre...32#post3164532
I think it's all psychological
What do you want AND What do you see
But i feel so stress to do so after 3 years of trading

jeez i am glad nearly all my shares are invested in USD but into international etf's - mostly uk europe brazil china and are unhedged

Got a great double whammy from stocks up and currencies up

I always discount the currency gains coz if I ever go to live in the UK again, my USD would not buy as much GBP

So happy that I hedged my USD cash by foreign investing in shares

my wad is fluctuating crazy % this last couple of years so I spend a heck of a lot of time on strategy

like to hear of any peeps who are using longer range than the 30 second charts

490846782009.07.17 21:57buy5.00gbpusd1.635831.615561.636562009.07.20 01:491.636560.000.00-5.00365.00 [tp] 490847942009.07.17 21:59buy5.00gbpusd1.635081.613711.636832009.07.20 01:591.636830.000.00-5.00875.00 [tp] 490848932009.07.17 22:00buy5.00gbpusd1.634431.613671.636672009.07.20 01:491.636670.000.00-5.001 120.00 [tp] 490852042009.07.17 22:11buy5.00gbpusd1.634051.613821.636882009.07.17 22:481.634270.000.000.00110.00 490855082009.07.17 22:27buy5.00gbpusd1.633121.612851.635862009.07.17 22:481.634200.000.000.00540.00 491560482009.07.20 16:49sell5.00gbpusd1.646181.666241.644502009.07.20 16:511.646030.000.000.0075.00 491562552009.07.20 16:51sell5.00gbpusd1.646241.666521.644542009.07.20 19:261.651580.000.000.00-2 670.00 491590222009.07.20 17:20sell5.00gbpusd1.647791.668241.646172009.07.20 19:261.651600.000.000.00-1 905.00 491593692009.07.20 18:15sell20.00gbpusd1.652000.000001.647302009.07.20 18:281.651750.000.000.00500.00 491599142009.07.20 17:31sell20.00gbpusd1.649911.670221.648242009.07.20 19:261.651460.000.000.00-3 100.00 491634142009.07.20 18:14sell50.00gbpusd1.651621.672151.650162009.07.20 19:251.651600.000.000.00100.00 491655052009.07.20 18:39sell50.00gbpusd1.653220.000000.000002009.07.20 19:201.652070.000.000.005 750.00 491684622009.07.20 19:23sell50.00gbpusd1.652271.672471.650472009.07.20 19:251.651810.000.000.002 300.00 491689642009.07.20 19:29buy50.00gbpusd1.650991.630611.651852009.07.20 19:321.651160.000.000.00850.00 491692262009.07.20 19:32sell50.00gbpusd1.651091.671351.650352009.07.21 03:221.650350.000.00-130.003 700.00 [tp] 491702392009.07.20 19:51buy50.00gbpusd1.651871.631741.652732009.07.20 19:521.652040.000.000.00850.00 491704082009.07.20 19:54sell50.00gbpusd1.652261.672351.651352009.07.21 02:471.651350.000.00-130.004 550.00 [tp] 491733672009.07.20 20:43sell50.00gbpusd1.653611.673851.652862009.07.20 20:561.653540.000.000.00350.00 492631532009.07.21 17:51buy5.00gbpusd1.643731.623571.645582009.07.21 20:031.642250.000.000.00-740.00 492644092009.07.21 17:59buy5.00gbpusd1.641781.621721.645712009.07.21 20:031.642210.000.000.00215.00 492670742009.07.21 18:18buy5.00gbpusd1.640941.620781.644782009.07.21 20:021.641370.000.000.00215.00 492716022009.07.21 18:59buy5.00gbpusd1.640181.619601.643602009.07.21 20:021.641370.000.000.00595.00 492730652009.07.21 19:07buy5.00gbpusd1.638841.618651.642652009.07.21 19:181.639680.000.000.00420.00 492800932009.07.21 20:03sell5.00gbpusd1.642151.662361.640362009.07.21 20:341.642470.000.000.00-160.00 492812712009.07.21 20:14sell5.00gbpusd1.642931.663051.641082009.07.21 20:331.642540.000.000.00195.00 493613202009.07.22 16:37buy5.00gbpusd1.641641.621431.643372009.07.22 16:551.643370.000.000.00865.00 [tp] 493650992009.07.22 17:08sell5.00gbpusd1.643491.663561.641562009.07.22 17:091.643070.000.000.00210.00 493731912009.07.22 18:45sell5.00gbpusd1.648301.668291.646302009.07.22 19:021.647480.000.000.00410.00 493805962009.07.22 20:06sell5.00gbpusd1.647301.667511.645482009.07.22 20:111.646620.000.000.00340.00 494605572009.07.23 15:48buy5.00gbpusd1.649470.000000.000002009.07.23 16:001.649860.000.000.00195.00 494615072009.07.23 15:55sell10.00gbpusd1.648671.670401.649182009.07.23 16:141.650990.000.000.00-2 320.00 494616252009.07.23 15:56buy10.00gbpusd1.649680.000000.000002009.07.23 16:091.649800.000.000.00120.00 494617272009.07.23 15:56buy10.00gbpusd1.649730.000000.000002009.07.23 16:091.649900.000.000.00170.00 494619772009.07.23 15:57buy10.00gbpusd1.649300.000000.000002009.07.23 15:591.649350.000.000.0050.00 494622902009.07.23 15:59buy10.00gbpusd1.649561.629271.651272009.07.23 16:081.649830.000.000.00270.00 494636432009.07.23 16:09buy10.00gbpusd1.650451.630421.654402009.07.23 16:121.651470.000.000.001 020.00 494637302009.07.23 16:09buy10.00gbpusd1.650411.630361.654402009.07.23 16:131.651390.000.000.00980.00 494643792009.07.23 16:13sell10.00gbpusd1.651320.000001.649322009.07.23 16:141.650840.000.000.00480.00 494654892009.07.23 16:18sell10.00gbpusd1.652101.672351.650312009.07.23 16:231.651920.000.000.00180.00 494657902009.07.23 16:19sell10.00gbpusd1.652961.673011.650952009.07.23 16:231.652090.000.000.00870.00 494680902009.07.23 16:33sell10.00gbpusd1.652271.672811.650762009.07.23 16:481.652000.000.000.00270.00 494685182009.07.23 16:36sell20.00gbpusd1.653241.673701.651702009.07.23 16:481.652570.000.000.001 340.00 494729112009.07.23 17:06sell20.00gbpusd1.652611.672891.653502009.07.23 19:101.654420.000.000.00-3 620.00 494739802009.07.23 17:14sell20.00gbpusd1.655191.676721.654002009.07.23 19:071.654810.000.000.00760.00 494746222009.07.23 17:16sell20.00gbpusd1.656570.000000.000002009.07.23 17:191.655960.000.000.001 220.00 494757392009.07.23 17:23sell20.00gbpusd1.656041.676721.654002009.07.23 19:071.654830.000.000.002 420.00 494860492009.07.23 19:10buy20.00gbpusd1.653521.633121.655242009.07.23 19:381.653740.000.000.00440.00 494887672009.07.23 19:38sell20.00gbpusd1.654071.674831.652642009.07.23 19:421.653420.000.000.001 300.00 494916702009.07.23 20:00buy5.00gbpusd1.650791.630211.652212009.07.23 20:091.651070.000.000.00140.00 495676762009.07.24 15:45buy5.00gbpusd1.645760.000000.000002009.07.24 19:271.645150.000.000.00-305.00 495688422009.07.24 15:55buy10.00gbpusd1.644140.000000.000002009.07.24 19:261.645140.000.000.001 000.00 496696622009.07.27 17:48sell10.00gbpusd1.649561.669781.646002009.07.27 18:021.648930.000.000.00630.00 496715192009.07.27 18:07sell10.00gbpusd1.649281.669761.648302009.07.27 19:291.648300.000.000.00980.00 [tp] 497627132009.07.28 18:49buy10.00gbpusd1.641271.620501.642502009.07.28 19:221.642360.000.000.001 090.00 0.00 0.00 -4 107.50 232 101.40 Closed P/L: 227 993.90 Open Trades: TicketOpen TimeTypeSizeItem PriceS / LT / P PriceCommissionTaxesSwapProfit No transactions 0.00 0.00 0.00 0.00 Floating P/L: 0.00 Working Orders: TicketOpen TimeTypeSizeItem PriceS / LT / PMarket Price No transactions Summary: Deposit/Withdrawal: 1 000 000.00 Credit Facility: 0.00 Closed Trade P/L: 227 993.90 Floating P/L: 0.00 Margin: 0.00 Balance: 1 227 993.90 Equity: 1 227 993.90 Free Margin: 1 227 993.90 Details: [IMG]file:///C:/Documents%20and%20Settings/me/%D0%9C%D0%BE%D0%B8%20%D0%B4%D0%BE%D0%BA%D1%83%D0%BC%D0%B5%D0%BD%D1%82%D1%8B/DetailedStatement290709.gif[/IMG] Gross Profit: 560 783.40 Gross Loss: 332 789.50 Total Net Profit: 227 993.90 Profit Factor: 1.69 Expected Payoff: 527.76 Absolute Drawdown: 66 210.00 Maximal Drawdown: 147 282.00 (12.46%) Relative Drawdown: 12.46% (147 282.00) Total Trades: 432 Short Positions (won %): 188 (81.38%) Long Positions (won %): 244 (90.16%) Profit Trades (% of total): 373 (86.34%) Loss trades (% of total): 59 (13.66%) Largest profit trade: 94 630.00 loss trade: -55 150.00 Average profit trade: 1 503.44 loss trade: -5 640.50 Maximum consecutive wins ($): 61 (166 236.50) consecutive losses ($): 7 (-134 277.00) Maximal consecutive profit (count): 166 236.50 (61) consecutive loss (count): -134 277.00 (7) Average consecutive wins: 11 consecutive losses: 2

the move is nuts to say the least..im short on this crazy %%^$£


tried play the retrace and the some $$%^&& just keeps rising..good logic behind yur points

this is not the matrix..neno is not here!!

u will get it back one day im sure

http://www.forexfactory.com/showthre...68#post3152768

Next stop 1.6655 - 1.6672

I am projecting the G/U to reach 1.6740 over time watch for retracement
and re-entry points and enjoy the ride.




Next 4 Major Resistant Areas

1. 1.6386 -OK it hit #1 and retraced- now long again to #2 1.6567
2. 1.6567 -OK it hit #2 - now long to #3 1.6655
3. 1.6655
4. 1.6740

If it breaks above 1.6740 then to 1.7040, keep track of this and tell
me how it turns out.


"Its not whether your right or wrong thats important but how much money
you make when your right and how much you loose when your wrong."

-Warren Buffett

nAVIN, What u think
http://www.forexfactory.com/showthre...=1#post3166116

Ok USA do what like to improving exports ,They keep weaken us$ so what..
Oct. 21 (Bloomberg) -- Unemployment rose in 23 U.S. states in September and hit records in Nevada, Rhode Island and Florida.
Nevada’s jobless rate, at 13.3 percent, was the second- highest among U.S. states behind Michigan, the Labor Department said today in Washington. Unemployment in Rhode Island reached 13 percent, and Florida’s rate climbed to 11 percent, the highest since data began in 1976.

http://www.bloomberg.com/apps/news?p...d=aoEEGs1V3ttM

I made usd500 this month by banking my forex account for 7% yearly
What are your forex results this month? What is better bank or forex?

I see double top forming on 15 min, posibillity for down. Also on 30 and hourly, now let"s see. Anybody any other sugestion?

And crude oil started falling hard.

Blood sucking till London. London will decide what stops to kill but rather up then down

hi all
room any body remember when the cable went down a 1000 pip in the same day