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Cable Update (GBPUSD)

  • #229,681
  • Jun 3, 2010 9:29am Jun 3, 2010 9:29am
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  • #229,682
  • Jun 3, 2010 9:29am Jun 3, 2010 9:29am
Quoting Magix
The problem is that so many try to make every trade to the pip. Wanting to catch every bottom and every top on the day, instead of capitalizing on safety ranges.

The forum like market is cyclistic. We go from playing direction and in profit into speculation and loss. So many of us try to guide with charting, so many others try to prove themselves with trade calls.

Instead of following direction, a lot of folk try to speculate the trade, anticipate the directional changes.

What would happen if instead of following the traffic signals, we jumped...

... Couldn't agree more.
Ghost Rider - WWTBMD?
  • #229,683
  • Jun 3, 2010 9:33am Jun 3, 2010 9:33am
Quoting albchr
... Couldn't agree more.

hey chris!
how's it hanging bro?
Thank You
  • #229,684
  • Jun 3, 2010 9:34am Jun 3, 2010 9:34am
....

Up an astonishing 4 PIPS today.
  • #229,685
  • Jun 3, 2010 9:35am Jun 3, 2010 9:35am
Quoting forexliar
mate, you plotted 3 bearish bats. why are you looking for upside targets?
Thank You
  • #229,686
  • Jun 3, 2010 9:36am Jun 3, 2010 9:36am
Quoting forexliar
as long as the PA not go below last week's high ( 4600 ) ... we still could go upside. in my view , we are in C area or going to find bottom C area and go upside to D point ( D point : 1.27-1.61 of XA ) X: yesterday's high. A : yesterday's low. B : today's high. C : 0.382-0.61 of AB
what i am waiting .........
  • #229,687
  • Jun 3, 2010 9:40am Jun 3, 2010 9:40am
Quoting TheSwede
....

Up an astonishing 4 PIPS today.
I would wager that anybody caught in red today would gladly trade them for your 4 pips.

Any day in the green is another day in market my friend.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #229,688
  • Jun 3, 2010 9:40am Jun 3, 2010 9:40am
Quoting wormboy
hey chris!
how's it hanging bro?
Hey Azim

"It's" hanging fine....LOL

Everything else? Well...... .... but I'm ....
Ghost Rider - WWTBMD?
  • #229,689
  • Jun 3, 2010 9:42am Jun 3, 2010 9:42am
Quoting wormboy


Let's run the numbers again, see if we have em close
I have 581 & 550 below 610 and 630 & 672 as upside.

586 and 552 below, 618, 634, 651, 669 and 687 above. Am flat for now though, covered earlier.
  • #229,690
  • Jun 3, 2010 9:44am Jun 3, 2010 9:44am
Quoting forexliar
what i am waiting .........
your b is about 76.4 of xa tho. don't think the pattern is valid.
Unless you can mark the prz properly on the attached chart.
Thank You
  • #229,691
  • Jun 3, 2010 9:46am Jun 3, 2010 9:46am
Quoting wormboy
mate, you plotted 3 bearish bats. why are you looking for upside targets?
i am looking for the bottom of C area for going upside to D point ( 4900 area ). hope 4600 will be bottom of C .....
  • #229,692
  • Jun 3, 2010 9:47am Jun 3, 2010 9:47am
Quoting albchr
Hey Azim

"It's" hanging fine....LOL

Everything else? Well...... .... but I'm ....
Hang in there brother. My with you all the way!
In any trades at the mo?
Thank You
  • #229,693
  • Jun 3, 2010 9:48am Jun 3, 2010 9:48am
Quoting cloggie
586 and 552 below, 618, 634, 651, 669 and 687 above. Am flat for now though, covered earlier.
Wait for it,any one of these and it will be i told you so.
  • #229,694
  • Jun 3, 2010 9:49am Jun 3, 2010 9:49am
Quoting Nene
Just look and see the names. That will tell you, names come and go in this forum but only a few stay year after year.

J
Sorry about your losses, Jim. Take a break.

As for Malc, you must have asked for knowledge and not pips while praying and ...... Even mortals with great knowledge have to change their "boots" if the present one not fitting !
  • #229,695
  • Jun 3, 2010 9:49am Jun 3, 2010 9:49am
Looks like most of us here agree that she is taking a breather down here. We all seem to agree on the same area, from 458-461 having gotten to that by different means, from SR, to ma, to VSA, to patterns, to funny looking triangle thingies.
  • #229,696
  • Jun 3, 2010 9:49am Jun 3, 2010 9:49am
Quoting wormboy
your b is about 76.4 of xa tho. don't think the pattern is valid.
Unless you can mark the prz properly on the attached chart.
oopss upset in long since yesterday was in profit now again in --- what to do next still confuse target was 4820 target is still same but if it bounce from here so it could be possible otherwise wormy what are your views for cable

Ub

here is my cahrt...
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  • #229,697
  • Jun 3, 2010 9:50am Jun 3, 2010 9:50am
Quoting cloggie
586 and 552 below, 618, 634, 651, 669 and 687 above. Am flat for now though, covered earlier.
We're very close again. Great stuff!
Except that I have fewer minors on the upside, only level i left out is 672.
Great trading tho covering at the right time
Thank You
  • #229,698
  • Jun 3, 2010 9:51am Jun 3, 2010 9:51am
Quoting wormboy
your b is about 76.4 of xa tho. don't think the pattern is valid.
Unless you can mark the prz properly on the attached chart.
i made the chart few hours before we got today's high.... just to predict the path .... just a newbie bro .... better try than not at all
  • #229,699
  • Jun 3, 2010 9:53am Jun 3, 2010 9:53am
Quoting wormboy
We're very close again. Great stuff!
Except that I have fewer minors on the upside, only level i left out is 672.
Great trading tho covering at the right time

I purely looked at more minors on the upside based on the corkscrew move down we had today, don't want to get stopped too early once she retraces by missing one or two.
  • #229,700
  • Jun 3, 2010 9:54am Jun 3, 2010 9:54am
Quoting pepper
Wait for it,any one of these and it will be i told you so.
I asked him for those numbers to tally up with mine.
There won't be any "I told you so". Take it easy.
Thank You
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