Cable Update (GBPUSD)

why you have a big loss at a time jemmy? what was in your mind at that time?
over trade? or "i can't lose my money" ?
so you move your SL ?? and the lose is getting bigger and bigger...hehehe....

and, after a 'big loss' do you afraid to trade jemmy? (terlalu cepet TP atau emang marketnya gak mendukung?? ganti TF atau targetnya emang kecil-kecil tp konsisten?)

(we have to learn from our pass..., but it just a pass, so keep going... )

(but overall you are still good brother...congrat... )

I let 3 positions open with SL about 150pips (risk 20% from my balance) before NFP news and then it went against me..
At this time I am so confident that NFP will in favor to USD..(good lesson for me)..
After that I was shocked and always move SL to BE+1 when in green 20pips, so many trades hit BE+1..
Patience & discipline are simple words but really hard to master..

Just a quick glance/up 130 240/down 15900/ 15850 area--over all for longer term bias seems to be short right now as most threads are seeing.I mainly trade 15 min charts .Mostly within the 1 and 4 hour trade plan.

What about all 2009 result?

Prepare to go LONG... Once all the light are GREEN.

From all calculation... Short Term.
GBPUSD = Down
EURUSD = Down
USDCAD = Up

Med-Term
GBPUSD = Down
EURUSD = Down
USDCAD = Up

Long Term
GBPUSD = Up
EURUSD = Up
USDCAD = Down

So I wait...

All is senseless exept the thought that all is senseless

Where R We Going To ...!?





1.5957
.
.
.
1.5691
.
.
.
1.5320


.........!?

Hi Shad,

I am not trading the EUR/USD GBP but paying attention to the market conditions of the GBP/USD as it affects the EUR/USD strong and my charting shows the GBP going down to 1.55, which is the first support and if it breaks the 1.55 support level, it can also drop down to 1.50 which is the stronger psychologic support level. The EUR/USD has the short conditions as well, which is another indicator for GBP/USD.

cheers

I am just newbie..
I started trading on Sep 2009 and blown up 5 accounts until Nov 2009..

There must be 1 year break after big loss for geting philosofy, system and practice
Ur account mustn,t exeed 10% of ur year income in other business so it.s loss wouldn.t be too stressful

[quote=Shad;3416608]Where R We Going To ...!?


I have just been to the fruitmarket nad got a fruitful thought


1.5957
.
.
.
1.5691
.
.
.
1.5320fruitmarket nad got a fruitful thought.
I am going nowhere n

I have just been to the ow. If the market wants my money let it come to me.
And I will not give it for nothing. I will look if it.s good enough for me to enter and risk my money

.........!?


[/quoteI have just been to the ow. If the market wants my money let it come to me.
And I will not give it for nothing. I will look if it.s good enough for me to enter and risk my money

hi malcom

will u pls post u indi for mt4 i like to try the VSA

Hi Shad,

Same with me.
Btw... Thank you for sharing your Analysis.

I get the Certainty... Today, your AVATAR was Change again !

CORRECT 1/30: UK PM Brown: Economy Still Faces 'Tough' Times

Today, 12:13, Dow Jones
("UK Prime Minister Brown: Economy Still Faces 'Tough' Times," at 2300 GMT, misstated the fact that the U.K. economy shrunk in the final quarter of 2009 in the seventh paragraph. The correct version follows

LONDON -(Dow Jones)- The U.K. still faces "tough" economic times, even after moving out of recession, Prime Minister Gordon Brown will say Saturday evening.

In his weekly podcast, Brown will celebrate this week's news that the U.K. economy had returned to growth at the end of last year after a deep recession but will warn that strong, sustainable expansion isn't yet around the corner.

"Times have been tough, and these are still tough times," Brown will say, according to a text released by his office. "Return to strong, sustainable global growth is still some way off. So I can reassure you that we are not about to jeopardize Britain's economic future by suddenly pulling the rug from under the recovery."

Brown will argue that his government is putting in place a plan for growth that is built around a "diverse" economy, including investment in key emerging sectors like clean energy, electric cars and life sciences.

He will say that this plan, alongside continued government spending to boost the economy and a debt reduction program which promises to have the deficit over the next four years, will spark the "return to confidence" needed.

The opposition Conservatives however have warned that the U.K. faces a debt crisis and have promised to cut the deficit deeper and faster than the government if they win power in an election due by June 3.

Official data on Tuesday showed the economy grew by 0.1% in the final three months of 2009 after six straight quarters of contraction that knocked 6.0% off economic output. The U.K. was one of the last major economies to emerge from recession.

Despite that, polls this weekend suggested Labour was continuing to chip away at a once 20-point Conservative lead in the polls, raising the prospect of a hung parliament where no single party commands a majority.

An Ipsos MORI survey of 1,001 people for the Daily Mirror showed the Conservatives on 40% of support and Labour on 32%, the governing party's highest rating since April.

The Liberal Democrats would gain 16% if there were an election now, the poll showed.

Meanwhile, a YouGov poll for the Telegraph newspaper showed the Conservative lead dipping to just seven points, from 10 points last month.

The YouGov survey puts the Conservatives at 38%, down two points on last month. Labour is at 31%, up one, and the Liberal Democrats are at 19%, up two.

If either of these poll results were born out in an election, the Conservatives would struggle to see a big enough swing towards them to form a parliamentary majority on their own.

The Telegraph also cited senior Labour party sources saying the election would take place on May 6, which has long been considered the most likely date.

-By Laurence Norman, Dow Jones Newswires; 44-207-842-9270; [email protected]

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?...tCYMznKw%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

January 31, 2010 06:13 ET (11:13 GMT)


>> NEWS from http://www.tradesignalonline.com/Mar...=565133&cat=18

A move to the southside really comes as no huge surprise as the bullish movement of the chart has weakened. Throughout the week we seen head fakes to the positive, but ultimately closed red on the week.

The area that we retraced to was the 24SMA on the weekly, and lost support there watching the house of cards tumble.

Price currently sits on the 200EMA, again a support range but with the daily MACD hitting below zero, the weekly MACD losing strength, confirmed by the weekly OSMA and the H4 heading into downside overdrive, looking for a place to buy doesn't much seem like a solid strategy.

For the weeks and months we have hovered in this area, for the amount of new traders assuming that this range will continue, could be the death of a lot of accounts. As posted 2 weeks ago on analysis and forecast, this is the first week of lost support on the weekly chart. A loss here shows the potential for a MASSIVE downward range being created.

Checking the spikes below the 200EMA on the monthly only shows possible price reaction points, which may or may not show support or any strength at all, lowest area at about 1.5706. Cruising threw this area will show that even price points are lost and speculating the bottom of the ball will be the fools game.

Under assumption on technicals only...the safest strategy would be instead of guessing and speculating bottom, find yourself only in short side trades on spikes against this downside play. Money management should always be a consideration, but if chart confirms on loss of 200EMA on the monthly as well as Price point supports, we will most likely have already seen the Yearly highs.

This is just what I see, but am hungrily smacking my lips together for some BULL BBQ and learning to dance with the bears.



Charts below showing from Monthly down to 4hr support/resistance ranges, and the reason for the all out tazer to the nuts shock, that may be symbol of waking the bears from hibernation.

hi all

what u think about this room

GBPUSD finally took the expected dip on Friday and considering the weekly and monthly charts we can see that GBPUSD is well set to take a dip towards 1.3850 and this target seems to be achieved by GBPUSD as early as this week. Traders will look to sell GBPUSD during this week on rise during its retracement. Currently a good selling level can be seen at 1.6050 with a bit extended stop and look to capture GBPUSD move towards 1.3580 level.

[IMG]file:///C:/DOCUME%7E1/SU/LOCALS%7E1/Temp/moz-screenshot.png[/IMG]

Hello guys .. im back again

In this graphic we see the first patern and drop...

And now the first pater bullish to this week...

Letss goooo !!!

Green area = stop off buyers, Margim Call Traders and Players Buyers orders..

Godd trade to everybody... trend reversal is comming

Hello,

Magix you didn't left anything for anyone to say , so here is chart only.

Good Luck.