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Cable Update (GBPUSD)

  • #210,901
  • Mar 26, 2010 1:15pm Mar 26, 2010 1:15pm
Quoting Magix
Looks like we still have hourly support and might be forming a Lower Trend Line.

Caution..on shorts, we could reconfirm long on the 1m.
Hey man, welcome back. I always hesitate to trade in the actual trend direction until we've retraced to the 50% area of a previous move. Most large sellers are waiting for it to go there before getting in so most times it's okay to counter trend it if you know what your doing. I've been a bull all day and only have 1 position left. You can see by my chart to one of my accounts when I got in but if it stalls at the 38% level and breaks a trendline back down then we probably won't make to the 50% level 1.4954 or most likely the 1.50 level. Just my thoughts.

Again, welcom back
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  • #210,902
  • Mar 26, 2010 1:16pm Mar 26, 2010 1:16pm
Quoting bbakker
Who are you?
pharaoh Illuminati

I SEE YOU !!
  • #210,903
  • Mar 26, 2010 1:20pm Mar 26, 2010 1:20pm
Quoting Magix
Retrace on the 5m chart to 200 complete. In doing so, the 1m chart has confirmed short side. With the Close of London upon us, who knows what if any more we will see on the day.

We are trapped.

I'm out for the day here guys, enjoy the weekend.

Feels great being part of the family again.

M,

Glad you're back... returning order and direction to the asylum...

...with charts, method and analysis which make perfect sense
even to a 'simpleton' like me.

Dr. D.
  • #210,904
  • Mar 26, 2010 1:25pm Mar 26, 2010 1:25pm
Quoting Purple
It broke today's earlier high today, but now here at 149.20 region it can stall and close for the week and continue its downleg from Monday.. I would just stay out till I see the Momentum direction on Monday. At present its neither bullish, more bearish coz its trading in a bearish range and at present it is at the top of its bearish range.
And it stalled.. lets see where we go on Monday...
  • #210,905
  • Mar 26, 2010 1:29pm Mar 26, 2010 1:29pm
Quoting Magix
Retrace on the 5m chart to 200 complete. In doing so, the 1m chart has confirmed short side. With the Close of London upon us, who knows what if any more we will see on the day.

We are trapped.

I'm out for the day here guys, enjoy the weekend.

Feels great being part of the family again.
welcome back bro

The hero is the one who kindles a great light in the world, who sets up blazing torches in the dark streets of life for men to see by. The saint is the man who walks through the dark paths of the world, himself a light.

ps. no more backstabbing azz's 2 faces alowed in here
  • #210,906
  • Mar 26, 2010 1:30pm Mar 26, 2010 1:30pm
complite 5 waves for daily n 1H..
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  • #210,907
  • Mar 26, 2010 1:33pm Mar 26, 2010 1:33pm
Quoting JRoyal
Hey man, welcome back....
i don't know your metod but i also have same view as you,,,,i thought today we will reach to 1.495x, but not,,.
i don't believe in bearish but daily chart say so.., what can i do

see you next week, we will see...
I will be the number one Manager.
  • #210,908
  • Mar 26, 2010 1:49pm Mar 26, 2010 1:49pm

darn good but blooody day after sucked up all the way to the line thank god i was not in front of my screen it came back to me revers from 50 still riding the wave

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  • #210,909
  • Mar 26, 2010 1:49pm Mar 26, 2010 1:49pm
Quoting javapips
i don't know your metod but i also have same view as you,,,,i thought today we will reach to 1.495x, but not,,.
i don't believe in bearish but daily chart say so.., what can i do

see you next week, we will see...
I'm bearish the pair but the market is 80% of the time is 3 steps foward 2 steps back over and over so I just think now is a 2 steps back spot before taking more steps forward but waiting for it to take the steps back before getting back in is no fun so I trade the back steps too
  • #210,910
  • Mar 26, 2010 2:12pm Mar 26, 2010 2:12pm
out totally with extra 35 pips

wish all happy weekend

and green pips for all of your next week
I SEE YOU !!
  • #210,911
  • Mar 26, 2010 3:25pm Mar 26, 2010 3:25pm
Last post this week
I read it and thought to share :

“We hope that it will reassure all the holders of Greek bonds that the eurozone will never let Greece fail,” said Herman Van Rompuy, president of the European Council. “If there were any danger, the other members of the eurozone would intervene.”
It almost brings one to tears to see such love and harmony for our fellow states.
  • #210,912
  • Mar 26, 2010 3:51pm Mar 26, 2010 3:51pm
do we have a change of trend with Greece news dos the weekend will bring us some more good news ist early to tell

any way lets enjoy the weekend try not to smoke crackforex
  • #210,913
  • Mar 26, 2010 3:53pm Mar 26, 2010 3:53pm
Quoting egkid
Last post this week
I read it and thought to share :

“We hope that it will reassure all the holders of Greek bonds that the eurozone will never let Greece fail,” said Herman Van Rompuy, president of the European Council. “If there were any danger, the other members of the eurozone would intervene.”
It almost brings one to tears to see such love and harmony for our fellow states.
hey bro how was u week
  • #210,914
  • Mar 26, 2010 4:01pm Mar 26, 2010 4:01pm
Quoting kill56
hey bro how was u week
All is fine bro
Hold some positions , but all under control
Tell u something but don't laugh
My Target 5000 pip with 5 pairs
I liKe this SONG http://www.sm3na.com/song33731.html
  • #210,915
  • Mar 26, 2010 4:12pm Mar 26, 2010 4:12pm
Quoting egkid
All is fine bro
Hold some positions , but all under control
Tell u something but don't laugh
My Target 5000 pip with 5 pairs

bro why should i bro this target is not much bro my target is %10 of the account daily and now have 2 pairs gu eu befor use to trade oil and gold and dow only last year i start to work alone befor i was a broker offcee and great crow but was a 24h not any more bro
  • #210,916
  • Mar 26, 2010 4:43pm Mar 26, 2010 4:43pm
Quoting Magix
Good Morning Homies!

Whuts the good word?
Well... Well...
Who was REINCARNATED today !

Welcome Back to HOME, Bro...
I'm Very... VERY GLAD to see you again !
And ....



Memo :
Admin, You really WISE in taked Decisions. Thank's so much.
Always looking the GREAT, never left GOOD Point...
  • #210,917
  • Mar 26, 2010 5:48pm Mar 26, 2010 5:48pm
Quoting kill56
bro why should i bro this target is not much bro my target is %10 of the account daily and now have 2 pairs gu eu befor use to trade oil and gold and dow only last year i start to work alone befor i was a broker offcee and great crow but was a 24h not any more bro
Kill,

Do you realize what you'll get in 89 trading periods
with a mere target of 10% of your account daily?

$300 > $1M (the power of compounding)

There are those in this room who have done this.

No not me.

But I'm well on my way... currently at $330. lol

Dr. D.
  • #210,918
  • Edited 6:43pm Mar 26, 2010 6:21pm | Edited 6:43pm
Quoting fourxtrader
Kill,

Do you realize what you'll get in 89 trading periods
with a mere target of 10% of your account daily?

$300 > $1M (the power of compounding)

There are those in this room who have done this.

No not me.

But I'm well on my way... currently at $330. lol

Dr. D.




Dr. D

when i started with forex about 6 years ago the first year i did blow about 500 gees it was realy bad then found out the hard way the only way to win is to think like a broker no risk more than %2 of what i make no more long term trade hit and run 20pip each order pules the commission i do have IB with 5 market makers
in a good day i can take 30-50 positions on 5 accounts
some of them only 6 pips for commission any way thank god i am making a living i am 53y now in 2 years either i have my owen market maker or no more forex i hope u will make u 1m soon its easy a good MM is the best way and 12h in front of the screen best of luck Dr.
  • #210,919
  • Mar 26, 2010 7:05pm Mar 26, 2010 7:05pm
Quoting kill56
Dr. D

when...
are you 52 years old Kill??? that's old..i thought you are still around 35...
i bet i'm the youngest in this thread...

happy weekend old man..., (hahaha...,sorry, kidding .........grandpa... )
I will be the number one Manager.
  • #210,920
  • Mar 26, 2010 7:14pm Mar 26, 2010 7:14pm
Quoting javapips
are you 52 years old Kill??? that's old..i thought you are still around 35...
i bet i'm the youngest in this thread...

happy weekend old man..., (hahaha...,sorry, kidding .........grandpa... )
I am 42 ... like I say to the young guys in the office.

They are working out what lines they are going to use to get the women .. at my age I just have to work how much cash they are going to cost me each month ...lol ... lease to own
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