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Cable Update (GBPUSD)

  • #191,921
  • Jan 10, 2010 8:52pm Jan 10, 2010 8:52pm
Quoting damonl
Yes sir, but had I consulted your chart I might not have closed with a loss. Thanks for the chart
You're welcome. Have a good one buddy
Thank You
  • #191,922
  • Jan 10, 2010 9:06pm Jan 10, 2010 9:06pm
Quoting forexlion
Brave Bears

Stop @ BE 1.6057 and my LONG continues its journey

TP 1.6475


If you wanna short a strong uptrend, just give me your money, why bother wasting time.
  • #191,923
  • Jan 10, 2010 9:11pm Jan 10, 2010 9:11pm
Added @ 102

Same Tp

* Never Trust To Any Indicator *
  • #191,924
  • Jan 10, 2010 9:16pm Jan 10, 2010 9:16pm
Quoting forexlion


If you wanna short a strong uptrend, just give me your money, why bother wasting time.
Wow, you are quite loud, why dont you post your performance from 2006-2010 before you start begging for other people's money..
  • #191,925
  • Jan 10, 2010 9:22pm Jan 10, 2010 9:22pm
My current trade Sl on +5 and waiting for TP ...



Cheers and happy trading
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdchart.gif Size: 16 KB
"Buy on fear, sell on greed !!!
  • #191,926
  • Jan 10, 2010 9:26pm Jan 10, 2010 9:26pm
Quoting Purple
Wow, you are quite loud, why dont you post your performance from 2006-2010 before you start begging for other people's money..

I am up 27 pips long
"Keep your eyes on the helpers" - Mr. Rogers
  • #191,927
  • Jan 10, 2010 9:33pm Jan 10, 2010 9:33pm
Quoting damonl
I am up 27 pips long
So am I and good for you.
  • #191,928
  • Jan 10, 2010 9:36pm Jan 10, 2010 9:36pm
Quoting Purple
So am I and good for you.
so why knock on the man for his long bias?
"Keep your eyes on the helpers" - Mr. Rogers
  • #191,929
  • Jan 10, 2010 9:39pm Jan 10, 2010 9:39pm
Quoting Purple
Wow, you are quite loud, why dont you post your performance from 2006-2010 before you start begging for other people's money..
who is begging, i am not interested in others money, i make enough already
  • #191,930
  • Jan 10, 2010 9:41pm Jan 10, 2010 9:41pm
Quoting damonl
so why knock on the man for his long bias?
He knows what he is doing.. marketing .. more than anything else.

Fund Manager
2006-2010
  • #191,931
  • Jan 10, 2010 9:47pm Jan 10, 2010 9:47pm
Quoting Purple
He knows what he is doing.. marketing .. more than anything else.

Fund Manager
2006-2010
oh..I thought we were talking about his long position bias..sorry, I may be engaging the wrong person here in conversation.
"Keep your eyes on the helpers" - Mr. Rogers
  • #191,932
  • Jan 10, 2010 10:00pm Jan 10, 2010 10:00pm
Closed my long with 19 pips of profit. All in all, a very nice long trade. Looking for another one if it presents itself
"Keep your eyes on the helpers" - Mr. Rogers
  • #191,933
  • Jan 10, 2010 10:02pm Jan 10, 2010 10:02pm
Quoting forexlion


If you wanna short a strong uptrend, just give me your money, why bother wasting time.
It depends on the timeframe you are trading..
  • #191,934
  • Jan 10, 2010 10:16pm Jan 10, 2010 10:16pm
Quoting zumzum
I'm not sure going short is a good idea.
Market sentiment might have changed after friday's news. A month ago had a big impact for the entire month, why shouldn't be the same this time? I'm long from 607 SL @ BE and I hope I'm right...

Good luck guys!
I'm with you on the overall direction. Monthly - Daily is setting for a big move up. Just don't know when. Maybe at the daily pennants' end?
A. Finesse Williams Making Millions One Pip At A Time!
  • #191,935
  • Jan 10, 2010 10:46pm Jan 10, 2010 10:46pm
at last fxcm trading station is working already.... just missed out on the compression burst... oh well will just be waiting for the next one.
  • #191,936
  • Jan 10, 2010 10:51pm Jan 10, 2010 10:51pm
Quoting Purple
He knows what he is doing.. marketing .. more than anything else.

Fund Manager
2006-2010
stop marketing me, i am not paying u a dime
  • #191,937
  • Jan 10, 2010 11:01pm Jan 10, 2010 11:01pm
Quoting WedWed
:: GU ::
if gap not closed , i can see best short @ 6102-6117 TP 6035
Hi Guys.. hope some of u ge benift from this perfect call... i willl short it @ 6117
Never sell @ lower upward channel unless breacked and vise versa .
  • #191,938
  • Jan 10, 2010 11:07pm Jan 10, 2010 11:07pm
Quoting WedWed
Hi Guys.. hope some of u ge benift from this perfect call... i willl short it @ 6117
If we head back up there, i will make some nice pips
"Keep your eyes on the helpers" - Mr. Rogers
  • #191,939
  • Jan 10, 2010 11:09pm Jan 10, 2010 11:09pm
Quoting Ctic
It depends on the timeframe you are trading..
yep, i am trading off daily, but i enter on 5 min charts

we ar4e currently having minor resistance 1.61 with strong support 1.6066

the markets are just basing themselves for the long haul upwards, so trade safe and do not get caught in risky shorts
  • #191,940
  • Jan 10, 2010 11:13pm Jan 10, 2010 11:13pm
Quoting forexlion
yep, i am trading off daily, but i enter on 5 min charts

we ar4e currently having minor resistance 1.61 with strong support 1.6066

the markets are just basing themselves for the long haul upwards, so trade safe and do not get caught in risky shorts
I do tend to agree with you. I placed a short in way back when from the 1M chart do to the time of day and the low volume. I was able to close out at +14 pips but now I will be moving up to the daily, 1H and 15M charts for the remainder of my trades. My only concern is that it has not broken the high from last week (Friday) yet. So it could bounce off that resistance and head back down. I will wait and see before I enter longs though.
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