Cable Update (GBPUSD)

Quoting nAVIN2007

Disliked

i was goign to buy at 1.42 but i got greedy and thought it was going to 1.40..id have bought it without thought..then after i need to some confirmation..oh well live to learn..still main thing is sticking to plan!!

thats a postive i suppose

we need 1.53 then id say that trendline is broken

Ignored

Quoting nAVIN2007

Disliked

that would do nicely or 1.37..i will get out

Ignored

Quoting allserene

Disliked

Cramer's spouting is the most reliable contra indicator I have come across in equities. When he said BP was finished and should not even be $4 like City Group ( this was about 10 days ago), I thought bollerks !

Every day since then it's hurtled up and we are going up again today

S&P has it 4 dollars less than its 2010 peak within 1 year

I am now an avid Cramer viewer. I will just bet 180 degrees from what he is saying - easy !

The long I put on cable last week just cashed out - a bit early but hey ho.

Played a small position over 4 days...

Ignored

Quoting Piters

Disliked

the Beauty is;
when we close weekly between 1.53 and 1.51,
and then we reverse from there.. Having 1.531 to keep Our Ass.. and then down to 1.4 area..

1.5314 is THE monthly S/R.. I dont think we are going to close weekly above..

Let see if "Creators" makes this game interesting too

Ignored

Quoting cloggie

Disliked

There are still plenty of "traders" here posting all kinds of silly reasons to short this thing all day since the open.

I love it when "traders" draw TL's and give resistances they find anywhere to fit their bias and then wonder why they get stopped out all day long.

Ignored

Quoting cloggie

Disliked

You may like this, heard a rumour that ADIA is sniffing around at BP to make a significant investment, Cramer may have heard the same and just wanted a better price.

Ignored

Quoting sclpzmalay

Disliked

Tomorrow OK.....i want to watch movie tonite ONGBAK 3(final batle)

You better watch this movie at your nearest cinema or download it via torrent

Ignored

Quoting nAVIN2007

Disliked

people use the news to forecast where price is going..i believe its the other way round..charts forecast the news

Ignored

Quoting allserene

Disliked

Wouldn't put it past him the git

In 5 years these BP will be up with all the hoo har forgotten

GBP will be up

Dividends rolling in

The Americans have every reason to say the beaches and the shellfish are just fine so this time next year it will be business as usual and my petrobras and Total etc etc will be booming

Ignored

Quoting nAVIN2007

Disliked

i hear u..i do..honestly thou
I cannot and will not say to people trade small time frame, magix can say he is making money trading small time frame (whatever) every1 in here is making money..99% of ff is making a killing

the real traders know who is making and know is getting killed..u cannot tell a newbie small time frame is the way..it isnt!

if magix is making money on small time frame great..i dont question it or care but i do care when i see people who have no idea and trade small time frame and have no chance because they are told it is...

Ignored

Quoting nAVIN2007

Disliked

yup thats the 2 month pin playing its effects



i mean really an moving average is simply telling u a trend direction..dont really need something to tell u were price is going..just read a damn chart..i could never rely on a indicator, id never make up my mind

but a successfull trading system is gold dust if u can stick to it..lion appear to have a good one

Ignored

Quoting cloggie

Disliked

Nah, took the long of the rejection on the hourly. I keep looking for longs until the H4 tells me differently

nicked this of the fibre thread

Ignored

Quoting intery

Disliked

scary pattern, price will fall..

Attachment

Ignored

Quoting fxarin

Disliked

completely agree with you. learned that the hard way. i now trade 60 min and above. and try to stay in it for at least a day or two. most importantly i now see consistance result.

Ignored

Quoting Piters

Disliked

the Beauty is;
when we close weekly between 1.53 and 1.51,
and then we reverse from there.. Having 1.531 to keep Our Ass.. and then down to 1.4 area..

1.5314 is THE monthly S/R.. I dont think we are going to close weekly above..

Let see if "Creators" makes this game interesting too

Ignored

Quoting intery

Disliked

scary pattern, price will fall..

Attachment

Ignored

Quoting Now

Disliked

Nice trade set-ups are indeed in the making.

Cable has been running on CPI, BP and global stock recovery since yesterday, will run out of steam soon.
Just look at the fiscal difficulties and negative outlook in the UK.
Bear will kick in rather soon then later.

Ignored

Quoting damonl

Disliked

Do youmind if I ask you about your bollinger band type indie you have on your chart?

Ignored