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Cable Update (GBPUSD)

  • #219,481
  • Apr 19, 2010 7:32pm Apr 19, 2010 7:32pm
My indicator is saying GU will go up today. What do you think guys?
  • #219,482
  • Apr 19, 2010 7:43pm Apr 19, 2010 7:43pm
Quoting darksorrow
My indicator is saying GU will go up today. What do you think guys?
Well, let's hope it retest at about 5285 first before continue up, hopefully during this asian session..
  • #219,483
  • Apr 19, 2010 7:52pm Apr 19, 2010 7:52pm
sell @1.5329 lets aim for below 180..
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  • #219,484
  • Apr 19, 2010 8:07pm Apr 19, 2010 8:07pm
Quoting mloistianto
sell @1.5329 lets aim for below her belt..
  • #219,485
  • Apr 19, 2010 8:08pm Apr 19, 2010 8:08pm
Quoting darksorrow
My indicator is saying GU will go up today. What do you think guys?
Always trust price action, indicators are chart decoration not a way of life
  • #219,486
  • Apr 19, 2010 8:10pm Apr 19, 2010 8:10pm
Quoting mloistianto
sell @1.5329 lets aim for below 180..
I am also selling all the way to 4850, we are not gonna see these levels again after this week ends
  • #219,487
  • Apr 19, 2010 8:15pm Apr 19, 2010 8:15pm
Quoting forexlion
I am also selling all the way to 4850, we are not gonna see these levels again after this week ends
LOL.. love that.
  • #219,488
  • Apr 19, 2010 8:20pm Apr 19, 2010 8:20pm
Inserted Video
  • #219,489
  • Apr 19, 2010 8:28pm Apr 19, 2010 8:28pm
Never drink too much, you never know

Inserted Video
  • #219,490
  • Apr 19, 2010 8:34pm Apr 19, 2010 8:34pm
Quoting Curryman
I understand what u trying to say.. I have a same thought as you..

i though he was going to place a limit order..

I thought correct way should be a stop order before news?

Correct me if i am wrong..
that what the fundamental traders normally do.. but I don't recommend trading the news, maybe because it's more gambling than trading. I leave that as personal preference.. Whatever works for you might not work for others..
  • #219,491
  • Apr 19, 2010 8:35pm Apr 19, 2010 8:35pm
Quoting forexlion
I am also selling all the way to 4850, we are not gonna see these levels again after this week ends
Quoting mloistianto
LOL.. love that.
the reason why i am so friggin sure about 4850 and 4400 is that we completed wave 4 on daily and we are now in the downtrend

and as EgKid pointed out 5500 was the max top it could manage

http://img707.imageshack.us/img707/6434/getn.gif
  • #219,492
  • Apr 19, 2010 8:48pm Apr 19, 2010 8:48pm
Quoting forexlion
the reason why i am so friggin sure about 4850 and 4400 is that we completed wave 4 on daily and we are now in the downtrend

and as EgKid pointed out 5500 was the max top it could manage
what is your entry for short here? though i am already in @ 5325
  • #219,493
  • Apr 19, 2010 8:59pm Apr 19, 2010 8:59pm
Quoting xPrav
what is your entry for short here? though i am already in @ 5325
any entry is good considering that we are talking about 500 to 800 pip move not peanuts

wed or thu we should get the daily macd cross
  • #219,494
  • Apr 19, 2010 9:11pm Apr 19, 2010 9:11pm
Quoting xPrav
what is your entry for short here? though i am already in @ 5325
Informed decision-making comes from a long tradition of guessing and then blaming others for inadequate results.

So, if I go wrong then its Malcolm to blame, he did not pop in to advice us better.
  • #219,495
  • Apr 19, 2010 9:17pm Apr 19, 2010 9:17pm
Quoting forexlion
Informed decision-making comes from a long tradition of guessing and then blaming others for inadequate results.

So, if I go wrong then its Malcolm to blame, he did not pop in to advice us better.
Bro, that comment will definitely discredit your reputation bro.. and I don't think it will help the new trader finding good profitable trade.. What is it with you bro?
  • #219,496
  • Apr 19, 2010 9:25pm Apr 19, 2010 9:25pm
Quoting forexlion
Informed decision-making comes from a long tradition of guessing and then blaming others for inadequate results.

So, if I go wrong then its Malcolm to blame, he did not pop in to advice us better.
lol...i dont think Malcolm will get on board at these hours...so it is perfect to blame it to him...
  • #219,497
  • Apr 19, 2010 9:26pm Apr 19, 2010 9:26pm
Quoting A-speculator
Bro, that comment will definitely discredit your reputation bro.. and I don't think it will help the new trader finding good profitable trade.. What is it with you bro?

its all humour with lion dood.
  • #219,498
  • Apr 19, 2010 9:27pm Apr 19, 2010 9:27pm
Quoting forexlion
any entry is good considering that we are talking about 500 to 800 pip move not peanuts

wed or thu we should get the daily macd cross
i sell at 15328
Attached Image (click to enlarge)
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  • #219,499
  • Apr 19, 2010 9:30pm Apr 19, 2010 9:30pm
Quoting forexlion
Informed decision-making comes from a long tradition of guessing and then blaming others for inadequate results.

So, if I go wrong then its Malcolm to blame, he did not pop in to advice us better.
Whatever the position.....I honor the forexlion as FULLTIME FX SL HUNTER FROM INDIA .... GOOD JOB MATE !
  • #219,500
  • Apr 19, 2010 9:31pm Apr 19, 2010 9:31pm
Quoting cableboy
its all humour with lion dood.
okay. Perhaps I'm just pissed off coz my aussie PO was not filled. Sorry interupting your party lion.
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