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Cable Update (GBPUSD)

  • #180,341
  • Nov 2, 2009 10:31am Nov 2, 2009 10:31am
Good day to you,

Yes, I guess it is a case of who has got the stronger purse... I do however fancy the possibility of a bullish engulfing candle forming on the 4hr chart.

Then odds in my favour.

I wish you all success

Regards
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  • #180,342
  • Nov 2, 2009 10:32am Nov 2, 2009 10:32am
Quoting TauTrader
Good day to you,

Nice, even spread of buys sitting... waiting.

I guess this means a long night ahead... very little sleep.

Go get them, tigers!

Regards

well u definately kawho'ners
  • #180,343
  • Nov 2, 2009 10:32am Nov 2, 2009 10:32am
Quoting TauTrader
Good day to you,

Bought some more GU @ 1.6378 -

Small (0.1) only. Just to everage things out a bit....

I am keeping 1 more buy (0.2) for a retrace - just in case ( to 1.6300)

Total position open now is 0.5 lots.

Warm regards
what's your target? 1.6520?
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #180,344
  • Nov 2, 2009 10:35am Nov 2, 2009 10:35am
Jeepers creepers the stocks and forex are up and down like a bride's nighty

Just playing the big range seems to be the best way until it breaks one way or the other

stoppies are obligatory
  • #180,345
  • Nov 2, 2009 10:36am Nov 2, 2009 10:36am
Quoting Yngwie
what's your target? 1.6520?
Good day to you,

Actual target is 1.6515 - making provision for spread.

But, please - it seems like I am alone in this venture. So do not follow me - I am lost...

regards
  • #180,346
  • Nov 2, 2009 10:40am Nov 2, 2009 10:40am
Quoting allserene
up and down like a bride's nighty
Good day to you,

Does not reflect well on the groom...Staying power is what I am needing now. Only down once.. until the sun comes up...

Regards
  • #180,347
  • Edited 10:56am Nov 2, 2009 10:45am | Edited 10:56am
Quoting TauTrader
Good day to you,

Actual target is 1.6515 - making provision for spread.

But, please - it seems like I am alone in this venture. So do not follow me - I am lost...

regards

well if we carry on like this and dailly finishes like what it is now id say u good to go and im fried..this is trading, just have to strong and hope more traders see it your way

the fact that most in here are short, makes me worried as we mostly wrong..

be lucky my man!
  • #180,348
  • Nov 2, 2009 10:52am Nov 2, 2009 10:52am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
You'll be alright Nav and TT.

We are ranging unless BOE announces QE early or anything else (news etc) we will be ranging from 63500 to 65800-6600 (if lucky) until 5th.

It should go UP. It was UP even in Asia session. Don't know why the suckers left it. May be for Asia to buy then drag lower again.


Ta
ams



Quoting nAVIN2007
well if we carry on like this and dailly finishes like what it is now id say u go to go and im fried..this is trading, just have to strong and hope more traders see it your way

the fact that most in here are short, makes me worried as we mostly wrong..

be lucky my man!
  • #180,349
  • Nov 2, 2009 10:52am Nov 2, 2009 10:52am
Quoting nAVIN2007
well u definately kawho'ners
Good day to you,

Did you mean "balls of steel?"

You will be surprised how much we are the same - you and I....

But seriously - yes - I have to stick it out. My plan (based on my way of looking at PA) is telling me to hold this a bit....

Maybe there will be a magnitude of traders come Tuesday, Wednesday, telling me: " I told you so" - but this is what makes us all unique. Different views, different execution.

And I will take the criticism with honor. I will.

Until that point - eat my dust!

My highest regards
  • #180,350
  • Nov 2, 2009 10:52am Nov 2, 2009 10:52am
Quoting TauTrader
Good day to you,

Does not reflect well on the groom...Staying power is what I am needing now. Only down once.. until the sun comes up...

Regards
Tau
Inserted Video
  • #180,351
  • Nov 2, 2009 10:57am Nov 2, 2009 10:57am
Quoting forexlion
Tau
ForexLION
  • #180,352
  • Nov 2, 2009 10:59am Nov 2, 2009 10:59am
Quoting TauTrader

Did you mean "balls of steel?" yep..



Until that point - eat my dust!
I love it..oh man i had to pick myself almost of the floor
Attached Image (click to enlarge)
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  • #180,353
  • Nov 2, 2009 11:08am Nov 2, 2009 11:08am
Quoting TauTrader
Good day to you,

Bought some more GU @ 1.6378 -

Small (0.1) only. Just to everage things out a bit....

I am keeping 1 more buy (0.2) for a retrace - just in case ( to 1.6300)

Total position open now is 0.5 lots.

Warm regards
As i post and u maybe notice i took sell 1.6415
GL to both of us
  • #180,354
  • Nov 2, 2009 11:09am Nov 2, 2009 11:09am
Quoting nAVIN2007
I love it..oh man i had to pick myself almost of the floor
Good day to you,

Glad you liked my predicament....

Now - explain to me what you posted in your chart... what do you see developing there?

Regards
  • #180,355
  • Nov 2, 2009 11:16am Nov 2, 2009 11:16am
Quoting egkid
As i post and u maybe notice i took sell 1.6415
GL to both of us
Good day to you,

I wish you nothing else but the best of success.

Trade well

Regards
  • #180,356
  • Nov 2, 2009 11:18am Nov 2, 2009 11:18am
It's moving under the cloud and can't go above of it so i will hold my shorts
As long as yellow line under my dots line i will short.
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  • #180,357
  • Nov 2, 2009 11:21am Nov 2, 2009 11:21am
Quoting TauTrader
Good day to you,

I wish you nothing else but the best of success.

Trade well

Regards
Thanks bro I'm also wish you all the best and i appreciate your view and i'm totally sure u r one of few god trader but i do as my rule.
GL to all
  • #180,358
  • Edited 11:34am Nov 2, 2009 11:22am | Edited 11:34am
Quoting TauTrader
Good day to you,

Glad you liked my predicament....

Now - explain to me what you posted in your chart... what do you see developing there?

Regards

hopefully my chart explains..let me now if i need to explain it better

if USD becomes strong pound may tank as its going to effect the strength
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  • #180,359
  • Nov 2, 2009 11:24am Nov 2, 2009 11:24am
I can't really decide to do much of anything until this pattern plays out. I could see it getting as high as 6565 or so.

Good luck all. There has to be another pair for my small mind somewhere. lol
  • #180,360
  • Nov 2, 2009 11:33am Nov 2, 2009 11:33am
love the dow when it go to the deep water it pull the b;;;h and the hooooo with it
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