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Cable Update (GBPUSD)

  • #238,381
  • Jul 15, 2010 8:45am Jul 15, 2010 8:45am
Quoting huskyboy
Don't try to predict the reversal, you can never know what 1,000's of other traders out there are thinking, they set this trend and untill all of them change their minds it will continue, all we can do is find places where to be careful and that is where the longer TF SR's come in.


These are the words off Cloggie, i think we are in that stage now
he is right
  • #238,382
  • Jul 15, 2010 8:46am Jul 15, 2010 8:46am
Quoting nAVIN2007
he is right
Will be safe got tight sl.
  • #238,383
  • Jul 15, 2010 8:46am Jul 15, 2010 8:46am
Quoting wormboy
what the hell you mean east?? resistance held, screw east! let's go south brother!!
time to go 1.5288
  • #238,384
  • Jul 15, 2010 8:50am Jul 15, 2010 8:50am
digg dont at me still learning
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  • #238,385
  • Jul 15, 2010 8:50am Jul 15, 2010 8:50am
Quoting Allseeingeye
Eh Buba did I do something to you I called the move & not even my wife knows when I go in or out but I will tell you I just shorted & looking for 1.47 area
eh buba.we may retrace but we will not see 1.47 before we test 1.553 first....
Gold Expedition Return This Year: -16.4%
  • #238,386
  • Jul 15, 2010 8:50am Jul 15, 2010 8:50am
Quoting OldReigatian
time to go 1.5288
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  • #238,387
  • Jul 15, 2010 8:52am Jul 15, 2010 8:52am
Quoting kill56
digg dont at me still learning

Killie2 having a go with his crayons?
  • #238,388
  • Jul 15, 2010 8:53am Jul 15, 2010 8:53am
Quoting special0nefx

i have bad news for those who are short u in a range of consolidation of 100 pips and u guys entered at the support base
  • #238,389
  • Jul 15, 2010 8:54am Jul 15, 2010 8:54am
Quoting nAVIN2007
i have bad news for those who are short u in a range of consolidation of 100 and u guys entered at the support base

Everyday there will be plenty of "traders" here who will take more pleasure from picking tops and being wrong then just simply following the trend. Trading can be so simple and rewarding if you just follow the rest, I know it does not show initiative but who cares, it makes money.
  • #238,390
  • Jul 15, 2010 8:55am Jul 15, 2010 8:55am
Quoting cloggie
Killie2 having a go with his crayons?
he is having fun too, dont know where to look
  • #238,391
  • Jul 15, 2010 8:55am Jul 15, 2010 8:55am
Quoting kill56
digg dont at me still learning
lol, no worries bro , just keep grabbing the greenie
  • #238,392
  • Jul 15, 2010 8:55am Jul 15, 2010 8:55am
Quoting nAVIN2007
i just bought the place 2 years ago ..u can have it for 600k

ahh look azim hancok in the room
Oh..Go back to work. I would rather spend the next 6 years learning how to trade forex short and long term than go back to work.
All systems of divination, like music itself,work through patterns.
  • #238,393
  • Jul 15, 2010 8:57am Jul 15, 2010 8:57am
weekly chart trendlines

http://img15.imageshack.us/img15/551/39243970.gif
  • #238,394
  • Jul 15, 2010 8:57am Jul 15, 2010 8:57am
Quoting cloggie
Everyday there will be plenty of "traders" here who will take more pleasure from picking tops and being wrong then just simply following the trend.
didnt think that breaking a cast iron trendline wont bring buyers..

its psycological i guess, miss the move and fear entering at the end..so sell at discount sound like a plan

oh well..
  • #238,395
  • Jul 15, 2010 8:58am Jul 15, 2010 8:58am
gosh cant see how the bulls are still not exhausted today, we have no usual high to low yet
  • #238,396
  • Jul 15, 2010 9:00am Jul 15, 2010 9:00am
Quoting adrianebn
gosh cant see how the bulls are still not exhausted today, we have no usual high to low yet
big boys are on holiday..it will range..my crack!!!

never try and predict
  • #238,397
  • Jul 15, 2010 9:01am Jul 15, 2010 9:01am
Quoting nAVIN2007
didnt think that breaking a cast iron trendline wont bring buyers..

its psycological i guess, miss the move and fear entering at the end..so sell at discount sound like a plan

oh well..

We only just got back in our H4 channel.
  • #238,398
  • Jul 15, 2010 9:06am Jul 15, 2010 9:06am
Quoting cloggie
We only just got back in our H4 channel.

..i put my trades on break even now..out of harms way i hope
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  • #238,399
  • Jul 15, 2010 9:07am Jul 15, 2010 9:07am
The 1 min 200 ma strikes again...
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******************* I'd rather make money than be right.
  • #238,400
  • Jul 15, 2010 9:07am Jul 15, 2010 9:07am
but its giving false signals of reversal all the time to rally further instead



Quoting nAVIN2007
big boys are on holiday..it will range..my crack!!!

never try and predict
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