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Cable Update (GBPUSD)

  • #182,281
  • Nov 11, 2009 10:23am Nov 11, 2009 10:23am
hey chris, for some reason i can not open window i sent you a message

Quoting albchr
Hey kiddo,

PM'd you...
  • #182,282
  • Nov 11, 2009 10:26am Nov 11, 2009 10:26am
My daily gap has been closed...time to look for a long opportunity tomorrow if tomorrow's price above DPP...
Pride of opinion is a characteristic of losing traders
  • #182,283
  • Nov 11, 2009 10:36am Nov 11, 2009 10:36am
Quoting grashid
Should I?? That is the break out i'm waiting for. Thanks anyway for your concern. I'm trying to do a swing trading.. I'm a little bit new in this kind of trading. usually i do day trading, but start from last month i'm trying to catch a big wave rather than daily wave. I'm not rushing anything, i'm just trying to learn everything from day trading and swing trading. maybe in a year or so i will catch your profit. LOL. in my dream..
[/quote]

BTW mate, are u in now?any position?? Last short i was stopped out pretty bad. yes its because my greed. LOL. But thats okay.. I dont know, i have so much faith in short. well, i do some research from Newspaper,Wall Street journal etc2..the sentiment for the GBP is always been negative, and some people said that USD already stucked in a very deep abbyss and trying to get out pretty soon. i dont play on fundamental analysis too much before, but i am trying to combine it with some tech analysis to determine my entry. its pretty hard to do swing trading actually rather than day trading.. what do u think?
  • #182,284
  • Nov 11, 2009 10:38am Nov 11, 2009 10:38am
Quoting mloistianto
BTW mate, are u in now?any position?? Last short i was stopped out pretty bad. yes its because my greed. LOL. But thats okay.. I dont know, i have so much faith in short. well, i do some research from Newspaper,Wall Street journal etc2..the sentiment for the GBP is always been negative, and some people said that USD already stucked in a very deep abbyss and trying to get out pretty soon. i dont play on fundamental analysis too much before, but i am trying to combine it with some tech analysis to determine my entry. its pretty hard to do swing trading actually rather than day trading.. what do u think?[/quote]

just make a joke of long just now...will cacht u tomorrow ..take care
  • #182,285
  • Nov 11, 2009 10:41am Nov 11, 2009 10:41am
Quoting grashid

just make a joke of long just now...will cacht u tomorrow ..take care
True2.. trying to pick your bottom right.. good luck mate.

i was looking at the daily chart and Weekly.. Is this the beginning of the fall?? Hopefully. Good luck people..
  • #182,286
  • Nov 11, 2009 11:06am Nov 11, 2009 11:06am
Quoting mloistianto
True2.. trying to pick your bottom right.. good luck mate.

i was looking at the daily chart and Weekly.. Is this the beginning of the fall?? Hopefully. Good luck people..
There are many confirming signals so I would say as a very careful dealer YES!
  • #182,287
  • Nov 11, 2009 11:08am Nov 11, 2009 11:08am
Quoting mloistianto
True2.. trying to pick your bottom right.. good luck mate.

i was looking at the daily chart and Weekly.. Is this the beginning of the fall?? Hopefully. Good luck people..
Well this was a good day, I put some trades in early this morning and went to bed. Woke up positive 204 pips. Who says you can't make money in your sleep. By what I see on the charts, the supports fall on the 1.6550 area and 1.6450 area. However, being where this stopped on the charts, I believe that we are in for the long haul back down. Closed all my positions and waiting confirmation. Will only scalp from here until I get it. On the top side, we hit a major resistance point, had an Advance Block candle pattern and longer term charts are a down trend with lower highs and lower lows. In 22 days this is the first time that we have had two candles close with a bearish move (assuming this candle closses this way) in a row. I would be very cautious to go long at this point in time.
  • #182,288
  • Nov 11, 2009 11:12am Nov 11, 2009 11:12am
free time now. +25 pips for such a day is ok
  • #182,289
  • Nov 11, 2009 11:16am Nov 11, 2009 11:16am
Wondering if that's all the down move done for the day. After chewing up the big SL at 1.6550, it looks like it may want to take a breather for now.

Placed a sell stop below 1.6550, with a stop loss above 1.6660. Small trade.

Will see what happens when I wake up in 7 hrs

Z
I have no biases. I just trade what the charts tell me.
  • #182,290
  • Nov 11, 2009 11:19am Nov 11, 2009 11:19am
Nice 65 pips profit!

http://img689.imageshack.us/img689/5961/94853879.gif
lowest draw down possible please.
  • #182,291
  • Nov 11, 2009 11:24am Nov 11, 2009 11:24am
Nice ride on GBP today. All pos since Friday NFP is closed. Just to share out.

Small acc only.


http://www.mohaz.net/images/11-11-2009.jpg


Good Luck All. That's all for today. Adios~~
Trade what you see. Write what you feel
  • #182,292
  • Nov 11, 2009 11:30am Nov 11, 2009 11:30am
London's out, bank holidays..

Alright,

Who wants so short some millions?? Let us know when..

lets move the market a pip at a time!

;P
lowest draw down possible please.
  • #182,293
  • Nov 11, 2009 11:34am Nov 11, 2009 11:34am
Quoting gammase1
Micho,

Good to see you back, mate.

See you're doing well, as controversial as ever!

All the best, Paul
hey PAUL!!

see you around! i am not posting much charts anymore, i just say my opinion nowadays

good to see you too
When life gives you lemons, make lemonade
  • #182,294
  • Nov 11, 2009 11:53am Nov 11, 2009 11:53am
Quoting DubaiFX
Bro i am not married to my position target is still same bro

well GAP filled lets see where it goes from here
1.6260 is still in the cards end of the week

Take care..
as i said before 6260 is still in the cards
lets see if i am wrong

as i said before it needs courage to hold the position if u know where it will move
every body laugh at me when it was at 6800
but see i a still in trade holding till 6260

wish u happy pips guys
Don't compare your Trades with Others
  • #182,295
  • Nov 11, 2009 11:55am Nov 11, 2009 11:55am
no more big movement this week i can say, price may retrace to 1.6680 by end of friday before going down back next week. 4H has been broken and new trend shall appear. Addios BULL~~
Trade what you see. Write what you feel
  • #182,296
  • Nov 11, 2009 11:55am Nov 11, 2009 11:55am
I don't know about you guys but in my view i see good point here 1.4980 to sell maybe you could checkout your chart.
Just thught to share
GL all
  • #182,297
  • Nov 11, 2009 12:07pm Nov 11, 2009 12:07pm
Quoting micho
If you keep trading like that you will lose your account...
just proper money management will do the trick.
Trade what you see. Write what you feel
  • #182,298
  • Nov 11, 2009 12:36pm Nov 11, 2009 12:36pm
micho, would you agree we've topped out?
  • #182,299
  • Nov 11, 2009 12:46pm Nov 11, 2009 12:46pm
Quoting egkid
I don't know about you guys but in my view i see good point here 1.4980 to sell maybe you could checkout your chart.
Just thught to share
GL all
OK i'm Patient I'm Bear e/u and g/u
If anyone interested check your Map lol
  • #182,300
  • Nov 11, 2009 12:54pm Nov 11, 2009 12:54pm
Quoting alex1976
micho, would you agree we've topped out?
My opinion is uptrend is getting tired... imo stand aside now
When life gives you lemons, make lemonade
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