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Cable Update (GBPUSD)

  • #253,421
  • Sep 15, 2010 2:45pm Sep 15, 2010 2:45pm
Quoting dil
dude dont draw on candle that is havent closed yet !
the second candle after the top is closed so thats valid, just drawing the parallel beneath is a sin, but what's live without sins
Don't be a hero. Don't have an ego. Always question yourself
  • #253,422
  • Sep 15, 2010 2:47pm Sep 15, 2010 2:47pm
It seems EUR/USD and GBP/USD are both following USD/CAD really closely, almost lock-step.
Make your losses in demo. Earn your profits live.
  • #253,423
  • Sep 15, 2010 2:48pm Sep 15, 2010 2:48pm
Quoting Forexia
It seems EUR/USD and GBP/USD are both following USD/CAD really closely, almost lock-step.
who let you out from the kitchen ?
  • #253,424
  • Sep 15, 2010 2:50pm Sep 15, 2010 2:50pm
Quoting dil
who let you out from the kitchen ?
You moved my litter box, I had to go
Make your losses in demo. Earn your profits live.
  • #253,425
  • Sep 15, 2010 2:52pm Sep 15, 2010 2:52pm
Quoting Forexia
You moved my litter box, I had to go
i hate cats
  • #253,426
  • Sep 15, 2010 2:55pm Sep 15, 2010 2:55pm
Quoting dil
i hate cats
Well don't take my litter box away next time. You are lucky I always use my litter boxes otherwise you will have a very interesting kitchen.
Make your losses in demo. Earn your profits live.
  • #253,427
  • Sep 15, 2010 2:59pm Sep 15, 2010 2:59pm
Quoting Forexia
Well don't take my litter box away next time. You are lucky I always use my litter boxes otherwise you will have a very interesting kitchen.
how you doing in forex women ?
  • #253,428
  • Sep 15, 2010 2:59pm Sep 15, 2010 2:59pm
Quoting Gbp/usd
Feel embarrassed today as i have done myself a disservice. Sold at 1.5500 got out with -80 pips at 1.5630 then went short again only to lose another 50 pips. total loss today was -129.3 pips, just don't know where the upswing data is coming from?

Alas i shall return tomorrow with a new plan. Until then i shall nurse my wounds.
We have all been there and if anyone begs to differ I would say that they were lying, so chin up old boy. So long you only lost a couple of % on your account, you will live to fight another day.

nAVIN2007 is spot on with his analysis of today. Today was about trend trading, not swing trading. We came out of two weeks consolidation yesterday and set the new trend. How long will the new trend will last... who knows!

I will only look at swing trades on the h4/d1 timeframes if we are in a trend, unless of course you trade the retraces, which a scalper will do!

Read the following posts to get an idea of how cable tends to work -

http://www.forexfactory.com/showthre...74#post4013674
http://www.forexfactory.com/showthre...58#post3912358
http://www.forexfactory.com/showthre...17#post4013417
http://www.forexfactory.com/showthre...14#post3915514
http://www.forexfactory.com/showthre...84#post3913984
http://www.forexfactory.com/showthre...81#post3911481

Good luck! You will get there, but it takes time and experience!
  • #253,429
  • Sep 15, 2010 3:03pm Sep 15, 2010 3:03pm
Quoting dil
how you doing in forex women ?
Not too bad. Just waiting for my tp target to come into view. Kicking myself a bit for not being in any JPY pairs last night to take advantage of the Intervention.

You?
Make your losses in demo. Earn your profits live.
  • #253,430
  • Sep 15, 2010 3:03pm Sep 15, 2010 3:03pm
Maybe this chart gonna work
Attached Image (click to enlarge)
Click to Enlarge Name: rs1.gif Size: 30 KB
  • #253,431
  • Sep 15, 2010 3:07pm Sep 15, 2010 3:07pm
Quoting Forexia
Not too bad. Just waiting for my tp target to come into view. Kicking myself a bit for not being in any JPY pairs last night to take advantage of the Intervention.

You?
you shorting ?


Not bad 1,060$ for today there are better days lol

sorry wrong statment but theres 3 more trades too lazy to uploud new one lol
  • #253,432
  • Sep 15, 2010 3:38pm Sep 15, 2010 3:38pm
Quoting dil
you shorting ?


Not bad 1,060$ for today there are better days lol

sorry wrong statment but theres 3 more trades too lazy to uploud new one lol
Heya Dil, Nice going there brother...

I got in short at various places between 5625 and 5635... Looking to 5570 as TP.

Why don't you share with us how you got into trading? Could inspire the rest of us to keep going...
@pawpaw1000 on Twitter
  • #253,433
  • Sep 15, 2010 3:39pm Sep 15, 2010 3:39pm
Quoting dil
you shorting ?


Not bad 1,060$ for today there are better days lol

sorry wrong statment but theres 3 more trades too lazy to uploud new one lol
Yup!

Quoting Forexia
Me, currently short at 1.5530 hoping to tp at 1.5580.
You are ssoooo lucky you are in Europe. Usually by the time when I wake up, all the big moves are gone and I am stuck with PA like now, 1 bps per hour.
Make your losses in demo. Earn your profits live.
  • #253,434
  • Sep 15, 2010 3:45pm Sep 15, 2010 3:45pm
Quoting Forexia
Yup!



You are ssoooo lucky you are in Europe. Usually by the time when I wake up, all the big moves are gone and I am stuck with PA like now, 1 bps per hour.
come to europe lol
  • #253,435
  • Sep 15, 2010 3:46pm Sep 15, 2010 3:46pm
here is my chart on M15

http://www.forexrainbow.com/files/mh...rw0t43q56u.gif
A little beginner trader since 2006
  • #253,436
  • Sep 15, 2010 3:47pm Sep 15, 2010 3:47pm
Quoting pawpaw1000
Heya Dil, Nice going there brother...

I got in short at various places between 5625 and 5635... Looking to 5570 as TP.

Why don't you share with us how you got into trading? Could inspire the rest of us to keep going...
Yo hi whats sup ? please dont follow my charts because i use my strategy this is how i get 29 win trades from 30 , I got in to trading from my friend hes aleardy milionaire from forex why u asking , and tell how was ur day at forex?
  • #253,437
  • Sep 15, 2010 3:47pm Sep 15, 2010 3:47pm
Quoting dil
come to europe lol
I want to but my bf doesn't. And btw, I am short at 1.5630.
Make your losses in demo. Earn your profits live.
  • #253,438
  • Sep 15, 2010 3:50pm Sep 15, 2010 3:50pm
Quoting Forexia
I want to but my bf doesn't. And btw, I am short at 1.5630.
why he doesnt like europe lol
  • #253,439
  • Sep 15, 2010 3:51pm Sep 15, 2010 3:51pm
Quoting dil
Maybe this chart gonna work
I added a line to your chart to complete a possible diamond top, which is strong bearish reversal. Maybe it would happen.

Peace
Attached Image
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #253,440
  • Sep 15, 2010 3:53pm Sep 15, 2010 3:53pm
Quoting Precap2
I added a line to your chart to complete a possible diamond top, which is strong bearish reversal. Maybe it would happen.

Peace

Good spot , i forget to add upper line i'm a little drunk now lol
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