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Cable Update (GBPUSD)

  • #232,101
  • Jun 17, 2010 7:23am Jun 17, 2010 7:23am
Quoting Patience
Are you serious? When was the last time Cable did a 355 pip day upwards?

trust me..350 pip move aint sh*t this sum b*Tch is capable of 500 pip move and then some..actually tomorrow..1.50 is very practical so long as we can close around here or higher on dailly

id consider this a flag
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  • #232,102
  • Jun 17, 2010 7:34am Jun 17, 2010 7:34am
...
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  • #232,103
  • Jun 17, 2010 7:34am Jun 17, 2010 7:34am
Quoting kill56
there is 2 of them put the other one and see
i did post that on the template and thst the chart am getting sir
  • #232,104
  • Jun 17, 2010 7:39am Jun 17, 2010 7:39am
Quoting nAVIN2007
trust me..350 pip move aint sh*t this sum b*Tch is capable of 500 pip move and then some..actually tomorrow..1.50 is very practical so long as we can close around here or higher on dailly

id consider this a flag
I understand that Cable is a mover. That's why I stopped trading it. Always the wrong way. Anyway I've checked. The last time it did an upmove of more than 355 pips in a day was 9 June 2009 when it did 375 pips. So it's been over a year. I've been out of touch with Cable lately so I was wondering just how out of touch I was.
Nothing worth having is easy.
  • #232,105
  • Jun 17, 2010 7:45am Jun 17, 2010 7:45am
Quoting Patience
I understand that Cable is a mover. That's why I stopped trading it. Always the wrong way. Anyway I've checked. The last time it did an upmove of more than 355 pips in a day was 9 June 2009 when it did 375 pips. So it's been over a year. I've been out of touch with Cable lately so I was wondering just how out of touch I was.
this advice is not for any1 knew to trading..I playing a swing trade where i feel cable price historically is very low and that..very soon the trend may change, i think probability wise we are very close to a bottom..and if this is the case, there will be a sudden burst of long trying to change the trend..i believe we are very close to this time

but this is just my thought and so far..its not materialised on the charts but a close on weekly above todays high would be the first sign that trend direction may change (weekly chart)
  • #232,106
  • Jun 17, 2010 7:47am Jun 17, 2010 7:47am
nothing change till now

http://www.forexfactory.com/showthre...=1#post3809463
  • #232,107
  • Jun 17, 2010 8:02am Jun 17, 2010 8:02am
Quoting fxrambo
i did post that on the template and thst the chart am getting sir
man there are 2 indis the first one is this one

http://www.forexfactory.com/showpost...stcount=232055
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  • #232,108
  • Jun 17, 2010 8:17am Jun 17, 2010 8:17am
i knew there was a reason i bought there
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  • #232,109
  • Jun 17, 2010 8:22am Jun 17, 2010 8:22am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
As long as you are making money whatever way (BUY/SELL) suits your trading method, it's good !

I bought the dips and happy to let them go.




Quoting ams
Sure, it will be very quick though...

BP needs to buy the pounds from the market to BUY the dollar in turn and pay for it. So transaction will be: BUY pound to covert and BUY the dollar.

It depends on the banks how they manipulate this. BUY and sell simultaneously or do the usual and trick the market.

Anyhow, until BP mess is sorted buy the dips I say and make plenty in scalps.

ta
ams
  • #232,110
  • Jun 17, 2010 8:25am Jun 17, 2010 8:25am
are around 14840 sell here sell another if ris , 14810 will be touched also 14793....
A little beginner trader since 2006
  • #232,111
  • Jun 17, 2010 8:28am Jun 17, 2010 8:28am
Quoting ams
As long as you are making money whatever way (BUY/SELL) suits your trading method, it's good !

I bought the dips and happy to let them go.
You did the best
A little beginner trader since 2006
  • #232,112
  • Jun 17, 2010 8:28am Jun 17, 2010 8:28am
Quoting ams
As long as you are making money whatever way (BUY/SELL) suits your trading method, it's good !

I bought the dips and happy to let them go.


i like that trade what u see
  • #232,113
  • Jun 17, 2010 8:31am Jun 17, 2010 8:31am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Indeed Kill.

I see pound is very strong and every dip is bought when market picks up. Nonetheless, every one has there own method and I respect that. I am not counter trending in short term (long term trend is still down in cable when it's below 155). I BUY the strongest and SELL the weekest coupled with fundamentals.

ta
ams



Quoting kill56


i like that trade what u see
  • #232,114
  • Jun 17, 2010 8:31am Jun 17, 2010 8:31am
Quoting kill56


i like that trade what u see
how do i trade what i see ??

http://img686.imageshack.us/img686/5...all450x300.jpg
  • #232,115
  • Jun 17, 2010 8:35am Jun 17, 2010 8:35am
Quoting nAVIN2007
this advice is not for any1 knew to trading..I playing a swing trade where i feel cable price historically is very low and that..very soon the trend may change, i think probability wise we are very close to a bottom..and if this is the case, there will be a sudden burst of long trying to change the trend..i believe we are very close to this time

but this is just my thought and so far..its not materialised on the charts but a close on weekly above todays high would be the first sign that trend direction may change (weekly chart)
I agree Nav that we are right at a crucial point here. Been saying that for some time now. Here's my simple view. If we clear the TL and fibs we go north. Else we gio south.
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Ghost Rider - WWTBMD?
  • #232,116
  • Jun 17, 2010 8:42am Jun 17, 2010 8:42am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Nice pinbar on 15m chart for quick scalp...


Quoting ams
Indeed Kill.

I see pound is very strong and every dip is bought when market picks up. Nonetheless, every one has there own method and I respect that. I am not counter trending in short term (long term trend is still down in cable when it's below 155). I BUY the strongest and SELL the weekest coupled with fundamentals.

ta
ams
  • #232,117
  • Jun 17, 2010 8:48am Jun 17, 2010 8:48am
nothing much change, waiting for another news from United States
  • #232,118
  • Jun 17, 2010 8:53am Jun 17, 2010 8:53am
dark cloud cover on H1 and almost a doji lets see how this will play
ブードゥー教
  • #232,119
  • Jun 17, 2010 8:55am Jun 17, 2010 8:55am
from http://www.fx-invest.ru/?sid=news&uid=8442
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  • #232,120
  • Jun 17, 2010 8:55am Jun 17, 2010 8:55am
Quoting wormboy
looks like we're finally on the same page. I sold @1.4811 & stop placed @1.4875

I'm going for glory. tp @1.4550

are the voices still in your head naseri13?
i'm still alive!
okay back to the footie. later!
Thank You
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