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Cable Update (GBPUSD)

  • #225,481
  • May 11, 2010 1:24am May 11, 2010 1:24am
Quoting forexlion
but i am actually trading the beast

10 pips on cable is 50 pips on the beast

http://img205.imageshack.us/img205/2203/23053778.gif
+65 n all closed

http://img684.imageshack.us/img684/6748/70724715.gif
  • #225,482
  • May 11, 2010 1:27am May 11, 2010 1:27am
Quoting forexlion
+65 n all closed


WHat you mean you are trading the beast??? what is beast
  • #225,483
  • May 11, 2010 1:28am May 11, 2010 1:28am
Quoting Fr3ed0x
WHat you mean you are trading the beast??? what is beast
the "dragon" or the 'beast' the g/j nicknames
  • #225,484
  • May 11, 2010 1:29am May 11, 2010 1:29am
Quoting Fr3ed0x
WHat you mean you are trading the beast??? what is beast
the most dreaded beast in the history of forex

GBPJPY

i tamed it on 1 min and 5 min
  • #225,485
  • May 11, 2010 1:33am May 11, 2010 1:33am
i see.... okay thanks for info ... i dont trade jpy maybe that's the reason why i dont know this exotic names )) anyway
  • #225,486
  • May 11, 2010 1:33am May 11, 2010 1:33am
Quoting forexlion
the most dreaded beast in the history of forex

GBPJPY

i tamed it on 1 min and 5 min
on 5 min the beast has an average daily movement of 600 to 900 pips
  • #225,487
  • May 11, 2010 1:33am May 11, 2010 1:33am
good for you is it good beast
  • #225,488
  • May 11, 2010 1:35am May 11, 2010 1:35am
Forexlion i see you are from india .... so do you practice any spiritual and other things like yoga ... and other from this kind . and if yes do they help you in making desicions in trading?
  • #225,489
  • May 11, 2010 1:41am May 11, 2010 1:41am
I' be more interested how the ForexLion gets around a 5-7pip spread on the beast, and how he feels about being stereotyped? ...respectfully of course.
  • #225,490
  • May 11, 2010 1:43am May 11, 2010 1:43am
Forex lion, you trade it on break out on 1min and 5min 'the beast' that is lol i mean jees isnt spread going to kill you on GBP/JPY on such low time frames, i like EUR/JPY more, its moves is alittle smaller but still better than EUR/USD according to me, but spread is lower than 'the beast' lol, i trade 5min and 15min charts
  • #225,491
  • May 11, 2010 1:43am May 11, 2010 1:43am
Quoting usernamehere
I' be more interested how the ForexLion gets around a 5-7pip spread on the beast, and how he feels about being stereotyped? ...respectfully of course.

lols i have 4 pips on the beast ??? is this low
  • #225,492
  • May 11, 2010 1:44am May 11, 2010 1:44am
Quoting usernamehere
I' be more interested how the ForexLion gets around a 5-7pip spread on the beast, and how he feels about being stereotyped? ...respectfully of course.
the movement given by the arrows is worth 75 pips

the decision to trade comes from 5 min and 30 min charts

http://img192.imageshack.us/img192/93/52509974.gif
  • #225,493
  • May 11, 2010 1:46am May 11, 2010 1:46am
Quoting pawpaw1000
LO in an hour, WAIT!


London tends to do the opposite to Asia, but my L3 has been hit @1.4774 and this usually means that L4 will be hit at some point during today @1.4694. I am still of the bearish variety as per my posts from last night.

No news with regards to the Lib Dems. 'The process of forming a new government may be resolved in the next 24 hours, according to a senior Liberal Democrat source who said it was "crunch time".'
http://news.bbc.co.uk/1/hi/uk_politi...10/8674103.stm

Good luck people and hope you have lots of greenies!
  • #225,494
  • May 11, 2010 1:47am May 11, 2010 1:47am
Quoting forexlion
the movement given by the arrows is worth 75 pips

the decision to trade comes from 5 min and 30 min charts

http://img192.imageshack.us/img192/93/52509974.gif
http://img248.imageshack.us/img248/1829/43151197.gif
  • #225,495
  • May 11, 2010 1:49am May 11, 2010 1:49am
Quoting basitata
thanks for the opinion mate!

i see a bounce rite now, flat atm
66 pips,, not bad
Enter Signature
  • #225,496
  • May 11, 2010 1:49am May 11, 2010 1:49am
m30 and h1 looking bullish... What will LO bring?
@pawpaw1000 on Twitter
  • #225,497
  • May 11, 2010 1:57am May 11, 2010 1:57am
i know its not here the place where i shoud ask this but does anyone have account with FXSolutions and how are they like broker for 0.1 lots = 1$ pip...
  • #225,498
  • May 11, 2010 1:58am May 11, 2010 1:58am
Quoting pawpaw1000
m30 and h1 looking bullish... What will LO bring?
Hoe gaat het met jou?

I don't see anything bullish on these two timeframes. Please let me know which bullish signal you see. Cheers matey!
  • #225,499
  • May 11, 2010 2:01am May 11, 2010 2:01am
I could be wrong but I'm kinda seein a head and shoulders type deal
"The real genius is knowing when to stop." - Marc Faber
  • #225,500
  • May 11, 2010 2:01am May 11, 2010 2:01am
Quoting pawpaw1000
m30 and h1 looking bullish... What will LOlita bring?
Inserted Video

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