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Cable Update (GBPUSD)

  • #231,661
  • Jun 14, 2010 10:14pm Jun 14, 2010 10:14pm
Quoting forexlion
Shorting Cable ?

Good, I will pray for you, even put flowers on your grave
You seem confident. When Ifeel that confident I usually lose. My prayers go with you as well.
  • #231,662
  • Jun 14, 2010 10:20pm Jun 14, 2010 10:20pm
Good day to you all,

Still holding the counter trend short. Possible short term continuation indication in the making. This may give a few more pips to the downside...for now.( should this signal stay in place)

Exit will come when a reverse signal appears, or when stopped out.

We have moved back below the daily open @ 1.4737. Looking at PA at this level, as well as the Tursday close of last week @ 1.4713. This level may be defended heavily. SL moved in to protect both shorts.

Good luck for today!

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: dtfd6.gif Size: 18 KB
  • #231,663
  • Jun 14, 2010 10:21pm Jun 14, 2010 10:21pm
Quoting Naseri13
I sold at 4752 and I will see it on 4722 because I have a magic star :-p
He want only 7 8 pips too tuch Tp
A little beginner trader since 2006
  • #231,664
  • Jun 14, 2010 10:36pm Jun 14, 2010 10:36pm
Quoting TauTrader
Good day to you all,

Still holding the counter trend short. Possible short term continuation indication in the making. This may give a few more pips to the downside...for now.( should this signal stay in place)

Exit will come when a reverse signal appears, or when stopped out.

We have moved back below the daily open @ 1.4737. Looking at PA at this level, as well as the Tursday close of last week @ 1.4713. This level may be defended heavily. SL moved in to protect both shorts.

Good luck for today!

Regards
Good day,

Stopped out for +1 and +22. Trades indicated on chart. Will await another opportunity.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: dtfd7.gif Size: 13 KB
  • #231,665
  • Jun 14, 2010 11:12pm Jun 14, 2010 11:12pm
Chart Update
http://www.forexfactory.com/showthre...80#post3801880
  • #231,666
  • Jun 14, 2010 11:19pm Jun 14, 2010 11:19pm
Quoting pilotui
another epic fail by this guy...I don't care how many vouches you have...
i think wave 4 on that chart is 4700, kindly get your eyes checked before commenting
  • #231,667
  • Jun 14, 2010 11:24pm Jun 14, 2010 11:24pm
Quoting Naseri13
I want too see the GU on the hell !

1.4746 now

Lets push it too 4700
I got it !~~~~~~~~~~~~~~
A little beginner trader since 2006
  • #231,668
  • Jun 14, 2010 11:25pm Jun 14, 2010 11:25pm
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd_20100615.jpg Size: 231 KB


Rough TL that I've drawn on the H1, I don't really concern myself with getting the TL to the pip because of slippage, headfakes, broker pricing variations etc.

Possibly another TL at the 2 drips at the bottom, but haven't drawn it in yet...

But something I'm watching...
  • #231,669
  • Jun 14, 2010 11:26pm Jun 14, 2010 11:26pm
Quoting TauTrader
Good day,

Stopped out for +1 and +22. Trades indicated on chart. Will await another opportunity.

Regards
Good day to you,

The continuation signal remained in place after I was stopped out. Re- entered short. SL moved to +1 on the weakest entry. Going out now - so will leave the trade to mature - which ever direction we will go. Price flirting with the Thursday close - as previously mentioned. Hope this level holds as resistance going forward.

See later...

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: dtfd8.gif Size: 16 KB
  • #231,670
  • Jun 14, 2010 11:29pm Jun 14, 2010 11:29pm
Quoting forexlion
i think wave 4 on that chart is 4700, kindly get your eyes checked before commenting
seems like its bouncing off around 1.4700 and it is also the DP.
Forex lion you are the man !!!
  • #231,671
  • Jun 14, 2010 11:32pm Jun 14, 2010 11:32pm
Chart Update
Attached Image (click to enlarge)
Click to Enlarge Name: Cable7.png Size: 74 KB
Numbers NEVER Lie
  • #231,672
  • Jun 14, 2010 11:57pm Jun 14, 2010 11:57pm
jeeeez this forum has really sunk to new lows. It's like a bunch of kids. Appreciate anyone who makes a call or posts analysis. If you don't agree with it then say so and give your reasons. Don't slate somebody who makes a call that turns out to be wrong, at least they tried. Come on guys lets grow up and all play nicely - otherwise I'll be forming a new forum for Adults Only! BTW I have been watching Forex Lion for sometime and he knows what he is talking about!
May the forex be with you |
  • #231,673
  • Jun 15, 2010 12:03am Jun 15, 2010 12:03am
Quoting OldReigatian
Jeez, goodbye to this forum. Shouldn't be called cable update, should be called Ego Update. Instead of puffing up your feathers on a cyber show, why not just post what you think. If others are in disagreement, so what!!!


It is all so very boring.
Agree with you here, i wanted to join a thread where people helped each other out and discussed Cable in a mature manner. This is just a forum where people slag each other off! A bit pathetic really..........

How old are you guys on here out of interest???

Good luck with your trading........................
Trade the price action, not the cash!!!
  • #231,674
  • Jun 15, 2010 12:05am Jun 15, 2010 12:05am
Quoting Honored
seems like its bouncing off around 1.4700 and it is also the DP.
Forex lion you are the man !!!
Hi guys

Anybody who takes FXLion serious should really double check everything he posts. Take a look at the date on that chart. Its from February 1938

Another lesson to NOT blindly fallow anybody in these forums. Vouches or not.

Happy trading

Sorry February 1938
  • #231,675
  • Jun 15, 2010 12:07am Jun 15, 2010 12:07am
I think it's just that when people speak in absolutes, it doesn't work with the market. Nobody really knows what is going to happen, we can only guess. So it's best to present our ideas as speculation rather than condemning someone to the grave or whatever.

Quoting Scullmeister
Agree with you here, i wanted to join a thread where people helped each other out and discussed Cable in a mature manner. This is just a forum where people slag each other off! A bit pathetic really..........

How old are you guys on here out of interest???

Good luck with your trading........................
"The real genius is knowing when to stop." - Marc Faber
  • #231,676
  • Jun 15, 2010 12:11am Jun 15, 2010 12:11am
Quoting Pip Hunterr
Hi guys

Anybody who takes FXLion serious should really double check everything he posts. Take a look at the date on that chart. Its from February 1938

Another lesson to NOT blindly fallow anybody in these forums. Vouches or not.

Happy trading

Sorry February 1938
maybe because this is a pirated version of Advanced Get

by the way, I did not know if any broker had forex data before 1990

1938 !!!!1 wow thats a gold mine, did they have current rates in 1938 also ??? wow

THIS SHOWS U R NOT HERE FOR TRADING BUT JUST BITCHING AROUND

GET SERIOUS ON WHAT U POST
  • #231,677
  • Jun 15, 2010 12:12am Jun 15, 2010 12:12am
gosh I didn't know there was fx trading in 1938 that was way before Bretton Woods ???

Quoting Pip Hunterr
Hi guys

Anybody who takes FXLion serious should really double check everything he posts. Take a look at the date on that chart. Its from February 1938

Another lesson to NOT blindly fallow anybody in these forums. Vouches or not.

Happy trading

Sorry February 1938
"The real genius is knowing when to stop." - Marc Faber
  • #231,678
  • Jun 15, 2010 12:17am Jun 15, 2010 12:17am
Quoting hhitch
gosh I didn't know there was fx trading in 1938 that was way before Bretton Woods ???
  • #231,679
  • Jun 15, 2010 12:25am Jun 15, 2010 12:25am
Quoting forexlion
maybe because this is a pirated version of Advanced Get

by the way, I did not know if any broker had forex data before 1990

1938 !!!!1 wow thats a gold mine, did they have current rates in 1938 also ??? wow

THIS SHOWS U R NOT HERE FOR TRADING BUT JUST BITCHING AROUND

GET SERIOUS ON WHAT U POST
Why would such a great trader need a pirated version od Advanced Get?

Its funny the day I take you off my ignor list just to see the crap you spout. Its spouting high

I only come here to pass the time when I am bored. There are better threads that have more serious people who actually want to help others and this is not one of them.
  • #231,680
  • Jun 15, 2010 12:26am Jun 15, 2010 12:26am
And here we go again.......

I'm out of here, have fun guys, because this isn't a serious forum, this is just a slagging off session. I'm here to make cash, not be involved in this.
Trade the price action, not the cash!!!
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Danil99