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Cable Update (GBPUSD)

  • #213,061
  • Apr 5, 2010 10:50am Apr 5, 2010 10:50am
Quoting bbakker
Ditto and moved SL to BE too! Although we have no starter, I'm having one outside instead, LOL. Don't you just love the iPhone

Yeah it is nice, I added a broker so I could enter and watch trades on the iPhone. Still pretty limited but at least don't have to sit behind the screens all the time.
  • #213,062
  • Apr 5, 2010 10:59am Apr 5, 2010 10:59am
Guys First post, just wanted to say Hi and see if I'm just the unluckiest person around (or just stupid). Maybe it's something I'm doing very wrong, but no matter what I do trade wise, it seems to do the complete opposite of what I'm trying to do almost immediately (i.e. I go long and things drop, etc, and usually a trade goes the wrong way and triggers a stop then bounces back the right way and that's annoying!!!). I've made some money, but then lost it (and usually a bit more) on another trade that goes very badly (and a couple of times very very badly due to my not putting a stop on and I've paid the price). I've studied charts, read forums, etc, but dont seem to be able to time things right, or just follow the wrong advice! Keep up the good work guys, I'm trying to learn here, so far with a negative balance on my account, but I suppose learning the hard way is one way to do it!
Back to basics, it has to be for me!
  • #213,063
  • Apr 5, 2010 11:02am Apr 5, 2010 11:02am
Quoting bbakker
. Don't you just love the iPhone

No ... my new toy much faster than iphone

Here it is:
1. http://www.forexfactory.com/showpost...postcount=4163
Thank You
  • #213,064
  • Apr 5, 2010 11:11am Apr 5, 2010 11:11am
Quoting wormboy
No ... my new toy much faster than iphone

Here it is:
1. http://www.forexfactory.com/showpost...postcount=4163




HTC HD2 running Android? I am sticking with the iPhone for now. Spent enough on apps alone, so no compelling reasons to change at the moment!
  • #213,065
  • Apr 5, 2010 11:17am Apr 5, 2010 11:17am
Quoting bbakker
HTC HD2 running Android? I am sticking with the iPhone for now. Spent enough on apps alone, so no compelling reasons to change at the moment!
yup hd2. not android, winmo.


Thank You
  • #213,066
  • Apr 5, 2010 11:36am Apr 5, 2010 11:36am
Quoting wormboy
yup hd2. not android, winmo.


WinMo, oh no! TF 4 Touchflo! MS have catching up to do and 7 will be out far to late! iPhone OS 4.0 coming in June/July with new hardware too! I'm chomping at the rumours!
  • #213,067
  • Apr 5, 2010 11:39am Apr 5, 2010 11:39am
Quoting bbakker
WinMo, oh no! TF 4 Touchflo! MS have catching up to do and 7 will be out far to late! iPhone OS 4.0 coming in June/July with new hardware too! I'm chomping at the rumours!
lol yea .. that was my initial reaction before i bought the hd2.
but the 1ghz processor made the capacitative touch silky silky


Thank You
  • #213,068
  • Apr 5, 2010 11:45am Apr 5, 2010 11:45am
I said b4 that i would try and update the charts as soon as possible well here i am. Ok first of all the usd index chart.
With time this chart has become clear with the minor 5 wave pattern in the downside direction complete we are now in an a,b,c correction which is in a 5,3,5 pattern and hence i expect the usd index to head downside towards the indicated b in the chart below before futher upside for the c wave.
For the gbp/usd pair though upside is still expected towards 1.5340 it should be contained around that price region and bring a decline for the correction on the usd index. Hence a good entry position for a gbp/usd short would be at the point were the b wave on the usd index is formed.

Strategy: Short gbp/usd Price: 1.5290 stoploss : 1.54 Target: 1.4930
Sell Limit Price: 1.5340 Stoploss: 1.544 Target : 1.4930

I will keep u guys posted..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdindex.gif Size: 21 KB
Click to Enlarge Name: gbpusd.gif Size: 19 KB
  • #213,069
  • Apr 5, 2010 11:50am Apr 5, 2010 11:50am
Quoting wormboy
lol yea .. that was my initial reaction before i bought the hd2.
but the 1ghz processor made the capacitative touch silky silky


Snapdragon does fly like shit of a shovel! Must be a nice hand warmer when running at full speed, great for those cold winters, lol!
  • #213,070
  • Apr 5, 2010 12:03pm Apr 5, 2010 12:03pm
Quoting bbakker
Snapdragon does fly like shit of a shovel! Must be a nice hand warmer when running at full speed, great for those cold winters, lol!
no winter here. 40 degrees c all year, so what's a little heat ey
snapdragon at full speed in the tropics - match made in heaven
Thank You
  • #213,071
  • Apr 5, 2010 12:08pm Apr 5, 2010 12:08pm
Written by Jamie Coleman
April 5, 2010 at 16:18 GMT

"MNI’s Steve Beckner, one the most-followed Fed-watchers in Washington, says the FOMC won’t raise the discount rate today nor anytime soon, for that matter…"

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okay, no fireworks today then. I'm outta here.
Good luck to everyone!
Thank You
  • #213,072
  • Apr 5, 2010 12:12pm Apr 5, 2010 12:12pm
Quoting wormboy
no winter here. 40 degrees c all year, so what's a little heat ey
snapdragon at full speed in the tropics - match made in heaven


Still hanging in there with my short at BE. This thing is determined to go north!
  • #213,073
  • Apr 5, 2010 12:33pm Apr 5, 2010 12:33pm
Quoting bbakker


Still hanging in there with my short at BE. This thing is determined to go north!
Yeah going to call it quits soon
  • #213,074
  • Apr 5, 2010 12:39pm Apr 5, 2010 12:39pm
Quoting Bitstream
Yeah going to call it quits soon
You young'uns have no patience.
  • #213,075
  • Apr 5, 2010 12:44pm Apr 5, 2010 12:44pm
Quoting cloggie
You young'uns have no patience.
Yes sir... will stick to my guns
  • #213,076
  • Apr 5, 2010 12:51pm Apr 5, 2010 12:51pm
Quoting Bitstream
Yes sir... will stick to my guns
That's the spirit, literally in my case! He who dares! Nothing to lose, maybe nothing to gain, but I have faith in this old lady yet

My old man's whiskey has just made an appearance, Fiddich of the Glen! <hic>
  • #213,077
  • Apr 5, 2010 12:53pm Apr 5, 2010 12:53pm
Quoting bbakker
That's the spirit! He who dares! Nothing to lose, maybe nothing to gain, but I have faith in this old lady yet

My old man's whiskey has just made an appearance, Fiddich of the Glen! <hic>
Heh I actually do have a bottle of that lying around... i'll join you... need a night cap before i knock off, its almost 2am this part of the world
  • #213,078
  • Apr 5, 2010 1:14pm Apr 5, 2010 1:14pm
Quoting Bitstream
Heh I actually do have a bottle of that lying around... i'll join you... need a night cap before i knock off, its almost 2am this part of the world
An excellent nightcap, if I might say so! On the way back home now to get those rugrats to bed! Back to work tomorrow <sigh>. If it hits my SL, I will stay out until tomorrow morning and see where we are at before London opens!
  • #213,079
  • Apr 5, 2010 1:40pm Apr 5, 2010 1:40pm
I'm out for the night. Closed for the day with a princely profit of 1 pip I've seen worse days. See u fellars at london open.
  • #213,080
  • Apr 5, 2010 1:43pm Apr 5, 2010 1:43pm
Quoting Bitstream
I'm out for the night. Closed for the day with a princely profit of 1 pip I've seen worse days. See u fellars at london open.
Don't like leaving positions open at night? I don't blame you at the current levels!
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