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Cable Update (GBPUSD)

  • #183,301
  • Nov 17, 2009 4:16am Nov 17, 2009 4:16am
Quoting twamta
In my opinion the only barrier is the 1.68680 resistance. If it breaks we will see the pair at 1.69067 for sure.
anything possible.I'm +20 pips sl BE
  • #183,302
  • Nov 17, 2009 4:16am Nov 17, 2009 4:16am
Quoting GlobalMacro
Good Morning,

Price trading almost three cents above the top of late october rally

LT bias still bullish though not strong enough for my taste

Andrew Sentance is on the wires saying BOE is open-minded about more
QEP...his comments are more contradictory than hawkish....

I'll be attempting a quick swing trade here

Selling @ 1.6870

Ghost Rider - WWTBMD?
  • #183,303
  • Nov 17, 2009 4:23am Nov 17, 2009 4:23am
who still long?
  • #183,304
  • Nov 17, 2009 4:26am Nov 17, 2009 4:26am
i'm long, but i have no ideea what i'm doing
  • #183,305
  • Nov 17, 2009 4:28am Nov 17, 2009 4:28am
Does anyone has an idea?
is it finally for strong dollard policy?
never run after pips, let pips just come to you
  • #183,306
  • Nov 17, 2009 4:34am Nov 17, 2009 4:34am
Quoting paromi
i'm long, but i have no ideea what i'm doing
dean if you scalp ..

so you have to think more...

or read..more..
DRAGON-TECHNICAL ANALYSIS!
  • #183,307
  • Nov 17, 2009 4:34am Nov 17, 2009 4:34am
closed most positions we are at yesterdays close line
  • #183,308
  • Nov 17, 2009 4:38am Nov 17, 2009 4:38am
Quoting Fly2
I am seeing alot of indecision on my 1 hr
its going for the support and 38% ret. and/or PP. Look for the bounce here.
A. Finesse Williams Making Millions One Pip At A Time!
  • #183,309
  • Nov 17, 2009 4:41am Nov 17, 2009 4:41am
Quoting ams
GM,

I've not seen you shorting in a long time GM. It's something unusual to see :-)
Good luck with your trade!!

Ta
ams
that's right, I haven't shorted this pair for a while now....but also bear in mind this is only a swing trade....

wish you success with your trades as well!
Hear the music before the song is over ...
  • #183,310
  • Nov 17, 2009 4:43am Nov 17, 2009 4:43am
Quoting albchr
wassup brother? howzit goin'?
you still busy w/ the new GF?
Hear the music before the song is over ...
  • #183,311
  • Nov 17, 2009 4:46am Nov 17, 2009 4:46am
i blowed my account..
  • #183,312
  • Nov 17, 2009 4:46am Nov 17, 2009 4:46am
Quoting paromi
i'm long, but i have no ideea what i'm doing
do not be worry. Just leave your tp open till 1.9 or maybe more than that if you are a longggg term trader. Use 1000 pips stop loss!!. 1000 pips??? Are you kidding me??? Oww..yeah I'm not kidding. You'd better prepare your MM calculation
Think about it placing only one trade for bigger profit or placing many up and down trade for smaller profit and in the end you found out price journey end up in the same place when you place only one trade.

Believe me its not worthy to staring at a chart whole time unless you are an alien that doesn't have a family or friend. Hesitation also will accumulating when you always stare at an ugly chart move, which in the end causing you to close your position and not trading your plan but trading according to your emotion.

Place your trade and check every week/month. Have fun with your wife and family, play golf, fishing, or do anything you like. Trading is for living not the opposite.

Cheers,
  • #183,313
  • Nov 17, 2009 4:47am Nov 17, 2009 4:47am
pivot hit
  • #183,314
  • Nov 17, 2009 4:51am Nov 17, 2009 4:51am
Looks as if it maybe good old fashion correction. ltfs day week month show bull. Me I'm waiting again for bear reversal on Stoch and then go long, but not until.
  • #183,315
  • Nov 17, 2009 4:52am Nov 17, 2009 4:52am
Quoting paromi
i blowed my account..
you shouldn't even be trading if you have no idea what you are doing.Hope you used a demo account.If not you are just gambling
  • #183,316
  • Nov 17, 2009 4:53am Nov 17, 2009 4:53am
Quoting Fly2
pivot hit
its trying to land on the 50% ret. You know the cable loves that.
A. Finesse Williams Making Millions One Pip At A Time!
  • #183,317
  • Nov 17, 2009 4:53am Nov 17, 2009 4:53am
all positions closed at pivot.took small long for a few
  • #183,318
  • Nov 17, 2009 4:55am Nov 17, 2009 4:55am
Quoting twamta
In my opinion the only barrier is the 1.68680 resistance. If it breaks we will see the pair at 1.69067 for sure.
just curious--did you see that coming?
  • #183,319
  • Nov 17, 2009 4:56am Nov 17, 2009 4:56am
Big dive from GU off Monthly R1 pivot, tested several times and failed. I fancy it might test it again over next few days.
  • #183,320
  • Nov 17, 2009 4:57am Nov 17, 2009 4:57am
Quoting aswilled
its trying to land on the 50% ret. You know the cable loves that.
Bears are rejected at the PP. Nice hammer
A. Finesse Williams Making Millions One Pip At A Time!
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