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Cable Update (GBPUSD)

  • #182,741
  • Nov 13, 2009 6:11am Nov 13, 2009 6:11am
Quoting ams
I considered you a positive man from the begining.
You can always spot longs where we can't see them easily!

Good advice, as major trend is long !!
Day to day 50-100 odd pips are exceptions!

Ta
ams
In a sea of turbulence, optimism and self-confidence is what drives one onwards....it's not all it takes but it is a very important cornerstone for other things to build upon....

Best of Success to you!
GM
Hear the music before the song is over ...
  • #182,742
  • Nov 13, 2009 6:25am Nov 13, 2009 6:25am
Here it is.. See and find it...
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ABCD..
  • #182,743
  • Nov 13, 2009 6:33am Nov 13, 2009 6:33am
lolo - you asked me to prepare next case study - it is ready on my blog. everybody is invited
  • #182,744
  • Nov 13, 2009 6:35am Nov 13, 2009 6:35am
Reload long 1.6680, SL 1.6670 ! Right now the crucial level is 1.6684 (R1) !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #182,745
  • Nov 13, 2009 6:37am Nov 13, 2009 6:37am
Bums just moved my ts upwards thinking I was safe and Kapow my sl got taken out. Dust down, compose yourself Chum, ready for the next onslaught ... could have been worse.
  • #182,746
  • Nov 13, 2009 6:45am Nov 13, 2009 6:45am
Quoting GlobalMacro
In a sea of turbulence, optimism and self-confidence is what drives one onwards....it's not all it takes but it is a very important cornerstone for other things to build upon....

Best of Success to you!
GM
Amen to that bro. It's very easy to forget about preparing yourself mentally. I open the charts, plan my startegy, then close my eyes and visualise the trading day unfolding.
If you have planned correctly, and done everything you should then, if the trade goes tit's up, do not blame yourself, the market is the market and unexpected things happen.

Here endeth the first lesson.

Now if I can put that all in to practice.
  • #182,747
  • Nov 13, 2009 6:53am Nov 13, 2009 6:53am
Quoting Chumbawunga
Bums just moved my ts upwards thinking I was safe and Kapow my sl got taken out. Dust down, compose yourself Chum, ready for the next onslaught ... could have been worse.
Hi Chum,

Sorry for you....Friday is never a good day for making money....maybe you should have a walk....

Big Boyzs in New York leave early ....preparing for week-end and spending their easy money....Should do like them....I will soon

GL to you
Non licet omnibus adire Corinthum
  • #182,748
  • Nov 13, 2009 6:59am Nov 13, 2009 6:59am
Quoting javajames
Hi Chum,

Sorry for you....Friday is never a good day for making money....maybe you should have a walk....

Big Boyzs in New York leave early ....preparing for week-end and spending their easy money....Should do like them....I will soon

GL to you
Hi Java, thanks for your thoughts, really find your threads intelectually stimulating, yep a walk sounds good to me. Never usally trade on a Friday... and prob won't do again for sometime..
Have a fantastic weekend and get some boxing gloves on for the week ahead. Lets make some money. Can't help keep looking at the damm charts tho... they're like a bloody magnet aren't they

Chum
  • #182,749
  • Nov 13, 2009 7:07am Nov 13, 2009 7:07am
Hey, you guys are doing good here. I think today is fantastic for me because I bought and closed at 1.6700 today. Now the GU is going down. I am hoping that the USA trade balance and import prices favour the dollar now so that we can all make money selling again. Or what is your mind for now about the news coming out and the GU going down?
  • #182,750
  • Nov 13, 2009 7:07am Nov 13, 2009 7:07am
Note if price reaches 1.6660 there is 30pips of single prints below that. If we break lower we should drop pretty quickly down to 1.6626.

Most the single print at the top of the profile above 1.6690 have been filled.
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  • #182,751
  • Nov 13, 2009 7:12am Nov 13, 2009 7:12am
Any thoughts on upcoming news? Usually doesn't create too large an impact but I think I'll stay out until after the release, maybe pick up 10 pips once the news is out.
  • #182,752
  • Nov 13, 2009 7:13am Nov 13, 2009 7:13am
Good day to you,

Again, it is Friday and I am posting my weekly results in terms of wins vs losses. A good week for me. Also posting month to date trade percentage and equity curve.

Again, not to stir. I shall post these to keep myself honest. Showing these keeps me disciplined.

Wish you all a very good week-end. Rest well and spend time with the ones you love. See you all Monday. ( one more post after this - for my friend Turveyd)

Warm regards
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  • #182,753
  • Nov 13, 2009 7:16am Nov 13, 2009 7:16am
hi everybody

i think about short between 6700 and 6750

stop 6843

target 6460

any idea please
  • #182,754
  • Nov 13, 2009 7:20am Nov 13, 2009 7:20am
Quoting TauTrader
Good day to you,

No - will go and read back. I am permanently online - whole house wireless - so although it looks like I am online, I may be out.

Will go read.

How does 1.4840 sound for EU? With that, a positive correlation of EUR/JPY to 133.40?

Look at me - I am predicting! Like the boy riding his bicycle - "look mother, no hands!"

Regards
Good day to you,

You keep hammering on the fact that the market is not predictable. Predictable in itself may be a strong word, but the market is not random. One can, at times, get a very good feel for where we will be ending up.

The post above was done on the 10th. Both these numbers were hit. EU on Thursday and EUR/JPY today.

See ya
  • #182,755
  • Nov 13, 2009 7:32am Nov 13, 2009 7:32am
Quoting grashid
http://www.forexfactory.com/showpost...stcount=207843
USD/JPY: Local Chinese press is disputing earlier reports of a Yuan revaluation. This has put the bid back into the pair.

That's why all the JPY crosses went down.
  • #182,756
  • Nov 13, 2009 7:34am Nov 13, 2009 7:34am
Quoting manize
Reload long 1.6680, SL 1.6670 ! Right now the crucial level is 1.6684 (R1) !
I like the PA, before hit 70, I move at 50. Let us see what perfomace will be shown by 1.6684 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #182,757
  • Nov 13, 2009 7:35am Nov 13, 2009 7:35am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
TT, you short?
target 1.628xx or something else


Quoting TauTrader
Good day to you,

You keep hammering on the fact that the market is not predictable. Predictable in itself may be a strong word, but the market is not random. One can, at times, get a very good feel for where we will be ending up.

The post above was done on the 10th. Both these numbers were hit. EU on Thursday and EUR/JPY today.

See ya
  • #182,758
  • Nov 13, 2009 7:36am Nov 13, 2009 7:36am
The USD/JPY pair will be good for this news. Let us keep selling the USD/JPY is going down.
  • #182,759
  • Nov 13, 2009 7:44am Nov 13, 2009 7:44am
Quoting TauTrader
Good day to you,

You keep hammering on the fact that the market is not predictable. Predictable in itself may be a strong word, but the market is not random. One can, at times, get a very good feel for where we will be ending up.

The post above was done on the 10th. Both these numbers were hit. EU on Thursday and EUR/JPY today.

See ya
LOL.... You are the man Tau
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #182,760
  • Nov 13, 2009 7:44am Nov 13, 2009 7:44am
Quoting TauTrader
Good day to you,

Again, it is Friday and I am posting my weekly results in terms of wins vs losses. A good week for me. Also posting month to date trade percentage and equity curve.

Again, not to stir. I shall post these to keep myself honest. Showing these keeps me disciplined.

Wish you all a very good week-end. Rest well and spend time with the ones you love. See you all Monday. ( one more post after this - for my friend Turveyd)

Warm regards
Tau!!

Nice work Sir and it's good to "see" you!!
Ghost Rider - WWTBMD?
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