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Cable Update (GBPUSD)

  • #253,821
  • Sep 16, 2010 10:05pm Sep 16, 2010 10:05pm
Killing it!

w00t!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #253,822
  • Sep 16, 2010 10:12pm Sep 16, 2010 10:12pm
Quoting Magix
Killing it!

w00t!
Don't be a hero. Don't have an ego. Always question yourself
  • #253,823
  • Sep 16, 2010 10:14pm Sep 16, 2010 10:14pm
Quoting USD-Bear


Closest thing I could find as a high 5....

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #253,824
  • Sep 16, 2010 10:19pm Sep 16, 2010 10:19pm
Quoting Magix


Closest thing I could find as a high 5....

Pressing myself not to check in for a week or so, but not succeeding yet
Don't be a hero. Don't have an ego. Always question yourself
  • #253,825
  • Sep 16, 2010 10:27pm Sep 16, 2010 10:27pm
Quoting USD-Bear
Pressing myself not to check in for a week or so, but not succeeding yet
Takes a pretty thick skin to hang out with us reprobates...

Takes a lot more will power to not come back for the punishment...

Kinda like not having to have a second look at an accident. You know you shouldn't rubber neck, but did you see the size of the tits on that chick....

uh....

Mind is wandering....

Enjoy your evening.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #253,826
  • Sep 16, 2010 10:30pm Sep 16, 2010 10:30pm
According to COT from CFTC data, the Non-Commercial still net short GBP. This spot rate could provide a nice short position ... so, go ... short .. short ....short ... hehe
Well, am one of the speculators too ..
  • #253,827
  • Sep 16, 2010 10:33pm Sep 16, 2010 10:33pm
Quoting Magix
Takes a pretty thick skin to hang out with us reprobates...

Takes a lot more will power to not come back for the punishment...

Kinda like not having to have a second look at an accident. You know you shouldn't rubber neck, but did you see the size of the tits on that chick....

uh....

Mind is wandering....

Enjoy your evening.
Well, they look pretty firm to me, but beautiful they are!
Don't be a hero. Don't have an ego. Always question yourself
  • #253,828
  • Sep 16, 2010 10:37pm Sep 16, 2010 10:37pm
Quoting mktjong
According to COT from CFTC data, the Non-Commercial still net short GBP. This spot rate could provide a nice short position ... so, go ... short .. short ....short ... hehe
Well, am one of the speculators too ..
Nah.... I'll wait for 70% long readings, that should be around 1.60
Don't be a hero. Don't have an ego. Always question yourself
  • #253,829
  • Sep 16, 2010 10:37pm Sep 16, 2010 10:37pm
When you study the pairs...

I watch 6 charts to trade 4...I watch 12 charts to trade 1...

You know how many charts I have open?

x 3 brokers.

Why?

Well, it's kinda like which basket to put the eggs into.

Don't wanna have all of em in one, so, where and how could you disperse?

If you look at the charts, EU is leading the pack on longs. Currently, anything can change. EG still the bull, why, you can see how the EUR pairs are moving harder....

Are we long or short yet?

NEITHER.

We are playing a 40 pipish range and still no trend identified.

Longs seem to have the strength, but really, if ya can grab a quick 20, here n there, it all adds to the bank...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #253,830
  • Sep 16, 2010 10:43pm Sep 16, 2010 10:43pm
Quoting USD-Bear
Nah.... I'll wait for 70% long readings, that should be around 1.60
I don't see it can reach 1.60 anymore this year or even next year before it gets to 1.30-1.40 first
  • #253,831
  • Sep 16, 2010 10:44pm Sep 16, 2010 10:44pm
Quoting mktjong
I don't see it can reach 1.60 anymore this year or even next year before it gets to 1.30-1.40 first
how and why post your chart?we have reached 1.60 already this year lol

Ub
  • #253,832
  • Sep 16, 2010 10:48pm Sep 16, 2010 10:48pm
Quoting Magix
When you study the pairs...

I watch 6 charts to trade 4...I watch 12 charts to trade 1...

You know how many charts I have open?

x 3 brokers.

Why?

Well, it's kinda like which basket to put the eggs into.

Don't wanna have all of em in one, so, where and how could you disperse?

If you look at the charts, EU is leading the pack on longs....
no offense but have quite different view:
1. Too old and simple minded to follow everything, like to specialize
2. I did scalping but studied myself by taking a trend from week-chart, lets say a move 2000 pips and checking how many pips I made scalping during that period. Never succeeded taking more then the move itself, so scalping is not rewarding for me.
Don't be a hero. Don't have an ego. Always question yourself
  • #253,833
  • Sep 16, 2010 10:49pm Sep 16, 2010 10:49pm
Quoting ubaidahsan
how and why post your chart?we have reached 1.60 already this year lol

Ub
ooppss .. you're right, we have reached 1.60 this year .. hehe .. what I meant it's not gonna happen again this year. My analysis is based on COT data plus UK economy is no more better or even worst than US.
  • #253,834
  • Sep 16, 2010 10:52pm Sep 16, 2010 10:52pm
Quoting mktjong
I don't see it can reach 1.60 anymore this year or even next year before it gets to 1.30-1.40 first
Thinking more in terms of 2-3 weeks.....
Don't be a hero. Don't have an ego. Always question yourself
  • #253,835
  • Sep 16, 2010 10:56pm Sep 16, 2010 10:56pm
Quoting USD-Bear
no offense but have quite different view:
1. Too old and simple minded to follow everything, like to specialize
2. I did scalping but studied myself by taking a trend from week-chart, lets say a move 2000 pips and checking how many pips I made scalping during that period. Never succeeded taking more then the move itself, so its not rewarding for me.
No offense taken.

It's an acquired taste really.

Kenny Rogers - The gambler.

You have to know when to hold em, know when to fold em, know when to walk away, know when to run....

I don't count my money until I exit the trade and my buddy iqy will tell ya that emotion can be your biggest enemy.

Hold against a trend?
Walk with the trend?

One of the best traders I have come to know watches a 20 second chart.

My man Turvey....

Gotta love that guys ability to have the nerve for that kinda shit.

I trade off the 1m, 5m and walk it into the higher tfs....

I have patience and emotions under control, most of the time.

I see, I take, I win, I lose.

No looking back.....

We all see what we want to see, we all see what we need to see. When you hit that trigger, are you ready for when the rubber meets the road?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #253,836
  • Sep 16, 2010 11:00pm Sep 16, 2010 11:00pm
Quoting Magix
When you study the pairs...

I watch 6 charts to trade 4...I watch 12 charts to trade 1...

You know how many charts I have open?

x 3 brokers.

Why?

Well, it's kinda like which basket to put the eggs into.

Don't wanna have all of em in one, so, where and how could you disperse?

If you look at the charts, EU is leading the pack on longs....
Morning bro
U divided ur concentration this way i think , Well at least to me looks so
See nice day going to UP
  • #253,837
  • Sep 16, 2010 11:04pm Sep 16, 2010 11:04pm
Quoting egkid
Morning bro
U divided ur concentration this way i think , Well at least to me looks so
See nice day going to UP
Yo mango...

Up?

We still going sideways near as I can figure.

EU losing some strength. Dragon gotta fill a bottom side.

Until we break longs, why not just enjoy the range?
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #253,838
  • Sep 16, 2010 11:05pm Sep 16, 2010 11:05pm
Quoting Magix
No offense taken.

It's an acquired taste really.

Kenny Rogers - The gambler.

You have to know when to hold em, know when to fold em, know when to walk away, know when to run....

I don't count my money until I exit the trade and my buddy iqy will tell ya that emotion can be your biggest enemy.

Hold against a trend?
Walk with the trend?

One of the best traders I have come to know watches a 20 second chart.

My man Turvey....

Gotta love that guys ability to have the nerve for that kinda shit.

I trade off the 1m, 5m and walk it into the higher...
I'm not that wet behind the ears (don't know if thats an English saying) but what are 500 pips on a daily chart like this: ?

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Don't be a hero. Don't have an ego. Always question yourself
  • #253,839
  • Sep 16, 2010 11:08pm Sep 16, 2010 11:08pm
Quoting Magix
No offense taken.

It's an acquired taste really.

Kenny Rogers - The gambler.

You have to know when to hold em, know when to fold em, know when to walk away, know when to run....

I don't count my money until I exit the trade and my buddy iqy will tell ya that emotion can be your biggest enemy.

Hold against a trend?
Walk with the trend?

One of the best traders I have come to know watches a 20 second chart.

My man Turvey....

Gotta love that guys ability to have the nerve for that kinda shit.

I trade off the 1m, 5m and walk it into the higher...
I agree with you
No looking back..
Trend never lie... just folow them ... it means you are at odds with market...

  • #253,840
  • Sep 16, 2010 11:11pm Sep 16, 2010 11:11pm
Quoting Magix
Yo mango...

Up?

We still going sideways near as I can figure.

EU losing some strength. Dragon gotta fill a bottom side.

Until we break longs, why not just enjoy the range?
Watch out bro and enjoy At least my system Tell me so "We just break the range and we going UP UP e/u and g/u
Always enjoy chess....I made my move , Gonna B COOL Day
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