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Cable Update (GBPUSD)

  • #234,861
  • Jun 30, 2010 5:18pm Jun 30, 2010 5:18pm
Quoting Magix
In all honesty kill, I was under the impression that he was like a lot of others that don't quite understand what is being said, when it is being said...

I would bet that if that were the case, there would be a lot of others of the same mind frame...why would I trade like this???

Answer to all who would ask, give it a shot, we seem to do pretty well just following the money...having an idea of where she goes next never hurts too...

I been grinding em out mango...didn't have a lot of love for cable yesterday, but caught a nice crunch down, exiting...
he is doing great bro its 1am in here and he is still up

flat too waiting for the little guys to come in in the main time we did close below ema200 on h1 es in deep gold dow fooked , we might retrace but i will hit the darn rallies with m5 m15 with 5mplay dam its the way of salvation u cant miss and little risk,

eu was not bad a few cans of milk and some diapers cable the ride was great
  • #234,862
  • Jun 30, 2010 5:20pm Jun 30, 2010 5:20pm
ok I hear you all saying /aj was trending it was easy

well here is eu that was a dogs dinner ...what was eu forming on hihger time frame ? bear flag with a 61.8 retrace of last down move.

4 trades at 30 pip each , just using simple mml as 30 pip ' price block' dividers

BTW check out vsa thread where I called this sell on the way up before adp and top was hit...vsa is still primary trading tool

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Blogging daily now at www.volume.zone
  • #234,863
  • Jun 30, 2010 5:22pm Jun 30, 2010 5:22pm
Patience is so important.

If you practice it, for the most part you will not be doomed to failure the moment you enter a position.
  • #234,864
  • Jun 30, 2010 5:22pm Jun 30, 2010 5:22pm
Quoting malcolmb14
trading ...

I have seen so many egos on here in last few weeks I keep mostly to my own thread. One guy talks about a system he has taken 6 years to devleop and it is top secret but makes him 15 k a week

Is trading really that hard that you need to spend decades learning a system or programming an EA ?

NO NOT AT ALL

being a successful trader is about 2 things

1) most important money management.

Here is a simple hulls moving average .. sell when it turns red buy when it turns green ... stops 40 pip , close trade as soon as a signal...
agree on that..
i start trade on january 2010..
just for a couple of month..
dont use demo,just jump to live trade
doing great..
can support 2kids,wife,car and other thing
we dont need to be right at all time..
some trade win,some loss..
just trade what u see and believe..that all..
use this forum to learn from experience trader,get advice and second opinion..
Revesal Trader
  • #234,865
  • Jun 30, 2010 5:32pm Jun 30, 2010 5:32pm
She breaks the major channel on 4H. Need a little confirmation on the major ltl wether she will jump in the channel again or not. If decline, then 4889 is my next target. and if NFP agree, i would like to see 4805 this weekend.

Today seems we are still in bearish bias. Lets see. Good luck everyone.

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i'll do my best, and let the old lady decide where she wanna go
  • #234,866
  • Jun 30, 2010 5:43pm Jun 30, 2010 5:43pm
just woke up, my position already gone (again)..,
btw how nice this morning, i smell very fresh air...hope you all so there..,
I will be the number one Manager.
  • #234,867
  • Jun 30, 2010 5:52pm Jun 30, 2010 5:52pm
Quoting Hound
Patience is so important.

If you practice it, for the most part you will not be doomed to failure the moment you enter a position.

are u what do u practice after all these years in crackforex we are still learning , do u want to take a position and see u acc. blown or u put a SL in here we try to help each other we share info , if u need help a lot will help u if u have any thing u wana share with us u are welcome and all of us needs help ,only ignorant ppl got doomed
  • #234,868
  • Jun 30, 2010 5:52pm Jun 30, 2010 5:52pm
morning mam....
fresh air always available in the morning. get it when u can!
especially with a cup of coffee... and a cigarette...
mandi ah... mo ngantor dolo.... ciaaaoooo.....

Quoting javapips
just woke up, my position already gone (again)..,
btw how nice this morning, i smell very fresh air...hope you all so there..,
i'll do my best, and let the old lady decide where she wanna go
  • #234,869
  • Jun 30, 2010 6:08pm Jun 30, 2010 6:08pm
Quoting malcolmb14
trading ...

I have seen so many egos on here in last few weeks I keep mostly to my own thread. One guy talks about a system he has taken 6 years to devleop and it is top secret but makes him 15 k a week

Is trading really that hard that you need to spend decades learning a system or programming an EA ?

NO NOT AT ALL

being a successful trader is about 2 things

1) most important money management.

Here is a simple hulls moving average .. sell when it turns red buy when it turns green ... stops 40 pip , close trade as soon as a signal...
mal, what was the period on your HMA ?
  • #234,870
  • Jun 30, 2010 6:10pm Jun 30, 2010 6:10pm
Quoting malcolmb14
trading ...

I have seen so many egos on here in last few weeks I keep mostly to my own thread. One guy talks about a system he has taken 6 years to devleop and it is top secret but makes him 15 k a week

ah malcolm, don't you ever realize the main reason why people here?
sure to get 'honor'.., what else??
could act like the most smart, success, rich, genius, around fail people are enjoyable..,

and also don't forget "be mr/mrs Right" sure that's their main target.
I TOLD YOU...!!!! (give a mark to people that try to say that word, we know what kind of people he/s is)
I will be the number one Manager.
  • #234,871
  • Jun 30, 2010 6:13pm Jun 30, 2010 6:13pm
Quoting malcolmb14
trading ...

I have seen so many egos on here in last few weeks I keep mostly to my own thread. One guy talks about a system he has taken 6 years to devleop and it is top secret but makes him 15 k a week

Is trading really that hard that you need to spend decades learning a system or programming an EA ?

NO NOT AT ALL

being a successful trader is about 2 things

1) most important money management.


2) feel the market

Attachment

Hi Mal,
One word , You are a real trader.

Quoting Baby-Trader
Reminder !!!!
See the date and time of the post.
The price was at 1.42xxx
This view will be invalidated if 1.42 broken and D1 candle closed beneath it.
Lovely 900+ pips * 2 lots =18000+ in just one month.
My leverage 2:1 means a controlled risk.
  • #234,872
  • Jun 30, 2010 6:18pm Jun 30, 2010 6:18pm
I will be the number one Manager.
  • #234,873
  • Jun 30, 2010 6:53pm Jun 30, 2010 6:53pm
Where can I find your market profile indicator please?

Quoting malcolmb14
trading ...

I have seen so many egos on here in last few weeks I keep mostly to my own thread. One guy talks about a system he has taken 6 years to devleop and it is top secret but makes him 15 k a week

Is trading really that hard that you need to spend decades learning a system or programming an EA ?

NO NOT AT ALL

being a successful trader is about 2 things

1) most important money management.

Here is a simple hulls moving average .. sell when it turns red buy when it turns green ... stops 40 pip , close trade as soon as a signal...
  • #234,874
  • Jun 30, 2010 6:57pm Jun 30, 2010 6:57pm
Reaction on Euro seen in a VS GBP chart...

Weekly reactionary line, 200EMA...

Still with a slope downwards and moving at a fair clip...It will be interesting to see if the EURO can grab a little support here, or keep on tumbling....

Will be watching the EJ pairs and track movements with any strength seen here.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #234,875
  • Jun 30, 2010 7:04pm Jun 30, 2010 7:04pm
No new low created on the 1m, support now from the 5m 50EMA/1m 200EMA...Targets 1 and 2 on the chart.

Though I haven't personally taken a trade on this movement, I have had 6 positions opened by the robots...

Meh..will see what they come up with.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #234,876
  • Jun 30, 2010 7:12pm Jun 30, 2010 7:12pm
Im long cause retracement setup looking good H1 my Zigzag just gave me a signal
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  • #234,877
  • Jun 30, 2010 7:20pm Jun 30, 2010 7:20pm
I'm agreed maybe it'll bullish about 30-40p, if it'll swallow more about 10-20p more, it'll continue bullish, yet its just a bounce... so let wait untill london Open.
  • #234,878
  • Jun 30, 2010 7:21pm Jun 30, 2010 7:21pm
Quoting Magix
No new low created on the 1m, support now from the 5m 50EMA/1m 200EMA...Targets 1 and 2 on the chart.

Though I haven't personally taken a trade on this movement, I have had 6 positions opened by the robots...

Meh..will see what they come up with.
6 bot positions closed 20 pips each...

Kewl!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #234,879
  • Jun 30, 2010 7:29pm Jun 30, 2010 7:29pm
Quoting Magix
6 bot positions closed 20 pips each...

Kewl!
is that robot base on your MA magix? use trailing stop?
I will be the number one Manager.
  • #234,880
  • Jun 30, 2010 7:35pm Jun 30, 2010 7:35pm
Dollar should be replaced as international standard, U.N. report says
New York (CNN) -- The dollar is an unreliable international currency and should be replaced by a more stable system, the United Nations Department of Economic and Social Affairs said in a report released Tuesday.
The use of the dollar for international trade came under increasing scrutiny when the U.S. economy fell into recession. "The dollar has proved not to be a stable store of value, which is a requisite for a stable reserve currency," the report said.
Many countries, in Asia in particular, have been building up massive dollar reserves. As a result, those countries' currencies have become undervalued, decreasing their ability to import goods from abroad.
The World Economic and Social Survey 2010 is supporting a proposal long advocated by the International Monetary Fund to create a standardized international system for liquidity transfer.
Under this proposed system, countries would no longer have to buy up foreign currencies, as China has long done with the U.S. dollar. Rather, they would accumulate the right to claim foreign currencies, or special drawing rights, or SDRs, rather than the currencies themselves.
The special drawing rights would be backed by a basket of currencies, which would make them less susceptible to volatility in any one currency. And because the value of a special drawing right is defined by the IMF, changes in the value of any one currency could be adjusted for.
These initiatives, supported by U.N. Secretary-general Ban Ki-moon, are meant to help sustain the international trade and financial systems that will allow less-developed countries to participate and integrate into the global economy.
In addition to the proposed reforms regarding international currency, the survey also offered guidance on increasing social well-being.
The survey said that "the number of the poor in the world living on less than $1.25 a day decreased from 1.8 billion in 1990 to 1.4 billion in 2005, but nearly all of this reduction was concentrated in China."
The number of poor increased in sub-Saharan Africa and South Asia over the same period. Income inequalities within countries have increased since the early 1980s with few exceptions, the report said.
"There's too little aid being provided, it's too fragmented, and it's too volatile in terms of the resources that are flowing to countries," said Rob Vos, director of the development policy and analysis division of the U.N.
The survey projects that by 2050 the population will be at 9 billion, with 85 percent living in developing countries, and the global economy will have to sustain a system that will allow for "decent living."
By 2050, one of every four people living in a developed country and one in every seven in countries now being developed will be over age 65. The fast ageing of the population will call for proper pension and health care systems that are sustainable

http://www.cnn.com/2010/BUSINESS/06/...ef=igoogle_cnn
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