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Cable Update (GBPUSD)

  • #259,021
  • Oct 6, 2010 8:58am Oct 6, 2010 8:58am
Quoting egkid
I go take a nape and back look to my chart no real move to up and so on all the day,I get bored. I have no new positions just closing them and i can close here the rest of my positions but PA suggest more up move that all not greedy
How r u doing? Hope all under control
Everything is fine here. PA still suggest up. But i believe market will getting slow due to NPF this week. Better rest and take new position after NPF. Market is nervous now, we're greedy than market for now .
  • #259,022
  • Oct 6, 2010 8:58am Oct 6, 2010 8:58am
Quoting Dayboy001
he is only a bee maybe he doesn't know how to??

That is part of the problem, the part is that the comp which I use for the forum is not the same as the one which I bought specifically and only use for trading from... Sorry, would if I could but I can't.

Another thing too perhaps learn in the not too distant future
  • #259,023
  • Oct 6, 2010 9:02am Oct 6, 2010 9:02am
http://www.forexrainbow.com/files/5c...fs12qj0lsu.gif
A little beginner trader since 2006
  • #259,024
  • Oct 6, 2010 9:03am Oct 6, 2010 9:03am
Quoting egkid
Now PA 1.5855 for me i c it time to go up from here
Let c this B... start to annoying me
e/u 1.3880 AND g/u Still bouncing @ 1.58xx!!!
Attached Image
  • #259,025
  • Oct 6, 2010 9:04am Oct 6, 2010 9:04am
Quoting AdrianHNV
That is part of the problem, the part is that the comp which I use for the forum is not the same as the one which I bought specifically and only use for trading from... Sorry, would if I could but I can't.

Another thing too perhaps learn in the not too distant future
long winded i know but you could email yourself the jpeg or get a pen and transfer it via that or set up a network drive you can drop files between computers
  • #259,026
  • Oct 6, 2010 9:04am Oct 6, 2010 9:04am
Quoting AdrianHNV
Yes thanks WB, for the reminder............. It was one of your reminders from way back when, when I first learnt this was worth doing, so again thanks. Your wisdom is as always most appreciated
okay you're welcome. good luck with your trading
Thank You
  • #259,027
  • Oct 6, 2010 9:05am Oct 6, 2010 9:05am
Quoting special0nefx
Everything is fine here. PA still suggest up. But i believe market will getting slow due to NPF this week. Better rest and take new position after NPF. Market is nervous now, we're greedy than market for now .
Thanks bro , Appreciate it.
Just another 2 H and will go
  • #259,028
  • Oct 6, 2010 9:09am Oct 6, 2010 9:09am
Quoting talond
Hi, just wondering... is that some kind of indicator? candles with no wicks? What is that?
Not real sure but I think it's from this site ... http://www.forexpnf.info/

Good Luck!
  • #259,029
  • Oct 6, 2010 9:10am Oct 6, 2010 9:10am
what is correlation beetween EU and GU..., i wonder why they compare it..,
if EU not drop this hour i'll never trade that pairs again.,GU is more fun dude,stay in this pairs.,
I will be the number one Manager.
  • #259,030
  • Oct 6, 2010 9:11am Oct 6, 2010 9:11am
Quoting egkid
Thanks bro , Appreciate it.
Just another 2 H and will go
Like your thought---->Step by step
  • #259,031
  • Oct 6, 2010 9:12am Oct 6, 2010 9:12am
Quoting javapips
what is correlation beetween EU and GU..., i wonder why they compare it..,
if EU not drop this hour i'll never trade that pairs again.,GU is more fun dude,stay in this pairs.,

EU is a bit more 'gentlemanly' in its moves - if that makes any kind of sense! On days when I want a quieter life, EU is normally the way to go.
  • #259,032
  • Oct 6, 2010 9:13am Oct 6, 2010 9:13am
Quoting egkid
Thanks bro , Appreciate it.
Just another 2 H and will go
Don't feel the rhythm today eg so sitting on the sidelines
  • #259,033
  • Oct 6, 2010 9:21am Oct 6, 2010 9:21am
Quoting AdrianHNV
ewwww 3 x +40 pips from the low to the high point.way to go cable

12 more 'buys' still in...... go, go, go,
Well played.

12 positions on Cable........
I hope your account is a decent size.

You are trading like me with multiple positions and loading up on a retrace.
It's impressive, you clearly have confidence in our view.
Dan TheMan
  • #259,034
  • Oct 6, 2010 9:23am Oct 6, 2010 9:23am
Quoting Delite
EU is a bit more 'gentlemanly' in its moves - if that makes any kind of sense! On days when I want a quieter life, EU is normally the way to go.
so EU is for old man i guess,.their heart is so soft.., little shock could send them to the hospital..,
I will be the number one Manager.
  • #259,035
  • Oct 6, 2010 9:23am Oct 6, 2010 9:23am
  •  samirb
  • | Joined Nov 2009 | Status: Investing is simple, but not easy. | 247 Posts
Quoting samirb
Good day everyone

Diamond retest

Good day everyone

Diamond retest
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  • #259,036
  • Oct 6, 2010 9:27am Oct 6, 2010 9:27am
Quoting AllyB
Don't feel the rhythm today eg so sitting on the sidelines
want to close my positions bro, I'm 12h away from home 5 days a week
"at my work".
http://www.forexfactory.com/showpost...stcount=259010
Something for Fun
Inserted Video
  • #259,037
  • Oct 6, 2010 9:30am Oct 6, 2010 9:30am
there's a pennant break pointing to the downside. Careful if you're long.
Good luck.
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Thank You
  • #259,038
  • Oct 6, 2010 9:34am Oct 6, 2010 9:34am
Quoting wormboy
there's a pennant break pointing to the downside. Careful if you're long.
Good luck.
pound strength is basing bro at support..and usd is preparing to go down it just needs time for 4hr to complete..becareful

look at monthly gbplfx..theres a doji..pound is close to gaining now i think
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  • #259,039
  • Oct 6, 2010 9:36am Oct 6, 2010 9:36am
Good day to you all,

hope things are going well for you. Looking at the chart, price is trading between the daily open @ 1.5888 and the lower level of the weekly channel @ 1.5832.

We are in bearish territory for the day, but still in bullish territory for the week, as well as for the past 14 day cycle.

The 1.5834 / 1.5826 level will change the whole longer term picture back to bearish, should these levels be broken and act as resistance. The September high @ 1.5921 is currently acting as resistance to further movement higher. We are floating within a sideway type channel within a longer term bullish channel.

So - longer term shorts will be on below 1.5826 - but safer below 1.5820 ( the opening price of last week). Just watch 1.5798 ( the current week's opening price) - then may go down to the bi-channel confluence around 1.5750.

A break above 1.5921 and a test with this level holding as support - we may go to the top of the bullish channel @ 1.600x.

Good luck

Regards
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  • #259,040
  • Oct 6, 2010 9:40am Oct 6, 2010 9:40am
Quoting nAVIN2007
pound strength is basing bro at support..and usd is preparing to go down it just needs time for 4hr to complete..becareful

look at monthly gbplfx..theres a doji..pound is close to gaining now i think
did you notice the H&S neckline break on the H1 gbplfx? Easy money to short pound earlier
anyway, my post earlier was more directed towards the guys who are daytrading the pair, I don't think the m5 will have any impact on the way you trade bro
Thank You
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