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Cable Update (GBPUSD)

  • #212,361
  • Apr 1, 2010 10:15am Apr 1, 2010 10:15am
Quoting pawpaw1000
I'm in a lucky position at the moment as my rugby gives me alot of time to trade while at the same time paying me enough so I can save money for my forex...

Not alot of 23 year olds in my position and I intend to capitalise on it. Rugby is only until 34 MAX! so my income curve is different to normal as I increase quickly in earnings but after a certain age it finishes!!!

but if you use your money wisely it works great for investments and Creating residual income... And not having to work anymore
Now that is a plan I like the sound of!
  • #212,362
  • Apr 1, 2010 10:15am Apr 1, 2010 10:15am
Quoting bbakker
Botswana

oi! don't blow my cover ...









Thank You
  • #212,363
  • Apr 1, 2010 10:16am Apr 1, 2010 10:16am
Quoting cloggie
Goodday boys and girls, I am done for today, London close coming up and am looking forward to a volatile day tomorrow. NFP coming up, if all the census workers are counted we could see 300. as both Fibre and cable are at important levels, any number in the 300 region will see a drop in both; fibre to 1.34 and cable to 1.51, any number below 175 will see a further move; fibre to 1.36 and cable to 5346
Have a lovely Easter weekend! (Now where is that bunny smilie!)
  • #212,364
  • Apr 1, 2010 10:18am Apr 1, 2010 10:18am
Hey

I have been following this thread for some time now. I understand a few things and I don't understand few. Can some one help me with the trading system that they follow or which is popular on this thread.

because I basically do a lot of trading through RSI and candle analysis. Works alright but I miss on a lot of profits.

Can someone please guide me?

Thanks
  • #212,365
  • Apr 1, 2010 10:18am Apr 1, 2010 10:18am
Quoting wormboy
oi! don't blow my cover ...









oi, I reckon botswana is looking alot better than SA at the moment with out junior president wanting to start a alliance with mugabe! These dollars could buy me 100 houses soon
@pawpaw1000 on Twitter
  • #212,366
  • Apr 1, 2010 10:19am Apr 1, 2010 10:19am
Quoting nAVIN2007
my goal behind the year was to come out profitable..i have developed my mindset not to be bothered..i only trade when price does what i want..

back 7 months ago ..i would be pissed off that i exited..but that is emotion which is very bad for one to have in trading..i will wait for next setup, even if it takes whatever time it takes not bothered.

one thing i also wanted to prove to myself is that im not addicted to the market..im happy just that i got it right that is enough for me!!!..
Fair play to you! Emotions in this game is the mother of all ...... I am still trying to control mine, but learning, slowly but surely!
  • #212,367
  • Apr 1, 2010 10:21am Apr 1, 2010 10:21am
Quoting wormboy
oi! don't blow my cover ...









I hear the 'pigs' are after you
  • #212,368
  • Apr 1, 2010 10:21am Apr 1, 2010 10:21am
maybe come down and touch support before shooting back up? hoping...

split my entry into 2, one already in at 80 and the next at 60 if it goes down to give a goodbye kiss...
@pawpaw1000 on Twitter
  • #212,369
  • Apr 1, 2010 10:31am Apr 1, 2010 10:31am
Quoting bbakker
I hear the 'pigs' are after you
aye .. glorified robber i am see
Thank You
  • #212,370
  • Apr 1, 2010 10:31am Apr 1, 2010 10:31am
Quoting albchr
When she hit's this daily TL and the 365 MA, she'll bounce "breifly".

Of course I'm not saying she'll drop straight down. But down she'll go.
Almost there...

Daily with the 150MA
Attached Image (click to enlarge)
Click to Enlarge Name: usdx_daily.gif Size: 29 KB
Ghost Rider - WWTBMD?
  • #212,371
  • Apr 1, 2010 10:33am Apr 1, 2010 10:33am
Quoting wormboy
Jamaica? I wish ....
Hey Wormie,

I hope you switched from short to long, we may have a very long ride up. Only thing is NFP, we will see what will happen w/ that tomorrow.but for now I am holding my longs. If weekly candle remains, that is a very bullish sign. So 1.7 here we come.

C.
Attached Image (click to enlarge)
Click to Enlarge Name: weekly.gif Size: 21 KB
  • #212,372
  • Apr 1, 2010 10:35am Apr 1, 2010 10:35am
Hey

I have been following this thread for some time now. I understand a few things and I don't understand few. Can some one help me with the trading system that they follow or which is popular on this thread.

because I basically do a lot of trading through RSI and candle analysis. Works alright but I miss on a lot of profits.

Can someone please guide me?

Thanks
  • #212,373
  • Apr 1, 2010 10:39am Apr 1, 2010 10:39am
Quoting Ctic
Hey Wormie,

I hope you switched from short to long, we may have a very long ride up. Only thing is NFP, we will see what will happen w/ that tomorrow.but for now I am holding my longs. If weekly candle remains, that is a very bullish sign. So 1.7 here we come.

C.
That is one big green candle! 15340-80 will be one big test for the longs. If it breaks through that, I am inclined to agree.
  • #212,374
  • Apr 1, 2010 10:39am Apr 1, 2010 10:39am
Quoting pawpaw1000
I'm in a lucky position at the moment as my rugby gives me alot of time to trade while at the same time paying me enough so I can save money for my forex...

Not alot of 23 year olds in my position and I intend to capitalise on it. Rugby is only until 34 MAX! so my income curve is different to normal as I increase quickly in earnings but after a certain age it finishes!!!

but if you use your money wisely it works great for investments and Creating residual income... And not having to work anymore
Bonne chance à toi comme on dit chez nous!
I'm planning on doing the same....forex is fun and pay when you know how to handle it
COT: The precious data ignored
  • #212,375
  • Apr 1, 2010 10:41am Apr 1, 2010 10:41am
Waiting for a retracement towards the 1.5250-60 area
COT: The precious data ignored
  • #212,376
  • Apr 1, 2010 10:41am Apr 1, 2010 10:41am
Quoting Ctic
Hey Wormie,

I hope you switched from short to long, we may have a very long ride up. Only thing is NFP, we will see what will happen w/ that tomorrow.but for now I am holding my longs. If weekly candle remains, that is a very bullish sign. So 1.7 here we come.

C.
hi c

yes switched. I took one at this level earlier.

Chart:
1. http://www.forexfactory.com/showpost...stcount=212311


Covered partial aldy
Thank You
  • #212,377
  • Apr 1, 2010 10:44am Apr 1, 2010 10:44am
Not bad.

Inserted Video


Why is following directions so hard?

m
  • #212,378
  • Apr 1, 2010 10:48am Apr 1, 2010 10:48am
Quoting albchr
Almost there...

Daily with the 150MA
Hey Chris,

I hope you were long.. I am assuming you are. I know last night you were talking about the possible wave down. I hope I talked you out of it. You are right. We may get that bounce down now. I will still hold my longs as of now and will probably not enter any shorts. If weekly candle holds, this is Very bullish.

C.
Attached Image (click to enlarge)
Click to Enlarge Name: weekly.gif Size: 21 KB
  • #212,379
  • Apr 1, 2010 10:53am Apr 1, 2010 10:53am
Quoting kuroro001
Waiting for a retracement towards the 1.5250-60 area
~80 seems to be providing some resistance at the moment!
  • #212,380
  • Apr 1, 2010 10:58am Apr 1, 2010 10:58am
euro teared up. love it
Thank You
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