Dislikedthanks Navin - won't let it go much beyond 16018 worse case scenarioIgnored
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Cable Update (GBPUSD)
- #260,421
- Oct 14, 2010 1:38am Oct 14, 2010 1:38am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #260,422
- Oct 14, 2010 1:38am Oct 14, 2010 1:38am
- | Membership Revoked | Joined Oct 2010 | 2,745 Posts
thanks Navin - won't let it go much beyond 16018 worse case scenario
- #260,424
- Oct 14, 2010 1:41am Oct 14, 2010 1:41am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Don't be a hero. Don't have an ego. Always question yourself
- #260,425
- Oct 14, 2010 1:43am Oct 14, 2010 1:43am
- | Membership Revoked | Joined Oct 2010 | 2,745 Posts
- #260,426
- Oct 14, 2010 1:46am Oct 14, 2010 1:46am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #260,428
- Oct 14, 2010 1:47am Oct 14, 2010 1:47am
agree for long term shorts... but not yet untill I get decent confirmation of trend changing... looking forward to short cable, fiber, and kangaroo but not yet... I already pick up nice car to buy... but still waiting... 
but nAVIN has a point with H&S so it will not be surprise if cable will go to 1,67
but nAVIN has a point with H&S so it will not be surprise if cable will go to 1,67
Good morning all,
well, the US-QE2 threats are certainly working, I'm not going to long this pair anymore and patiently wait at what highs it wants to bring us.
On the psycho level it would be nice to see a level where everyone (well almost) acknowledges the trend can only be up.
A brake of 1.60 and a level i saw mentioned here like 1.628 could do it.
Wherever it is, I am planning long term shorts.
Good luck everyone...
- #260,429
- Oct 14, 2010 1:48am Oct 14, 2010 1:48am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
like this bro navin ? http://www.forexfactory.com/showpost...stcount=259859
rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=785
morning folks..2 days ago i had an operation for hernia repair..still in positionhopefully i can recover soon
i feel better today hence the post
inverse type shampoo..neckline tested and produced huge buying, good luck all ..
not euphoria follower
- #260,430
- Oct 14, 2010 1:49am Oct 14, 2010 1:49am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
EDIT:
for me shorting below 1,6 is not an option, because it is round number and cable simple will go to 1,6 or more...
this is a sign of a good trader..
u only have this thinking after several years of trading..very wise sound advise - #260,431
- Oct 14, 2010 1:49am Oct 14, 2010 1:49am
Thank you very much for your words mate! this is a sign of a good trader..http://cdn.forexfactory.com/images/s...m/applause.gif u only have this thinking after several years of trading..very wise sound advisehttp://cdn.forexfactory.com/images/s...m/thumbsup.gif
thank you for this post
This is my opinion, but I have found the worst thing to do is wait for pullbacks. If they happen, great, but there's never a perfect time to enter a trade.
If you think we're trending higher, enter a small long trade and give it a little bteathing room. If we pull back, average in a little. If we go up you're already in profit and can add if you want.
The ONLY time this strategy will not work is if the trend direction changes....
- #260,432
- Oct 14, 2010 1:50am Oct 14, 2010 1:50am
- | Joined May 2008 | Status: Trader | 1,413 Posts
yOU ARE NOT TRADING A REAL ACCOUNT ARE YOU. I KNOW YOU WOULD CLOSED YOUR ORDER ASAP?!!
If that were the case we would have rocketed up.
1.60 is a strong level and to break it and stay above it I don't believe is that easy at the moment.
I see the LO pushing into the 1.60 getting lots on board and then dropping !!
but as we all know, I am new, I am on a demo account and accept that my knowledge is limited.
Good luck to all ( except those going long
)
- #260,434
- Oct 14, 2010 1:50am Oct 14, 2010 1:50am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
like this bro navin ? http://www.forexfactory.com/showpost...stcount=259859
rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=785
- #260,435
- Oct 14, 2010 1:52am Oct 14, 2010 1:52am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
i learn from u how to see longterm view bro....
thank you
rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=785
thank you
rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=785
yup u spotted it brother!!
not euphoria follower
- #260,436
- Oct 14, 2010 1:54am Oct 14, 2010 1:54am
- | Membership Revoked | Joined Oct 2010 | 2,745 Posts
So what you are saying then is there isn't a person in the world shorting at this position ??
If that were the case we would have rocketed up.
1.60 is a strong level and to break it and stay above it I don't believe is that easy at the moment.
I see the LO pushing into the 1.60 getting lots on board and then dropping !!
but as we all know, I am new, I am on a demo account and accept that my knowledge is limited.
Good luck to all ( except those going long
- #260,437
- Oct 14, 2010 1:58am Oct 14, 2010 1:58am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
agree for long term shorts... but not yet untill I get decent confirmation of trend changing... looking forward to short cable, fiber, and kangaroo but not yet... I already pick up nice car to buy... but still waiting...
but nAVIN has a point with H&S so it will not be surprise if cable will go to 1,67
do u see a range just being entered, i only said 1.63 cause of a monthly formation trendline is inline with 1.63 and that could be viewed as a bearish flag type formation..i probably will try a short around there just incase depending on PA on dailly at least indicating bearish bias..
fundamentals take time to show there cards and in any event the technicals will line up with fundamental views..nothing to concerned with right now
- #260,438
- Oct 14, 2010 1:59am Oct 14, 2010 1:59am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
agree for long term shorts... but not yet untill I get decent confirmation of trend changing... looking forward to short cable, fiber, and kangaroo but not yet... I already pick up nice car to buy... but still waiting...
but nAVIN has a point with H&S so it will not be surprise if cable will go to 1,67
Don't be a hero. Don't have an ego. Always question yourself
- #260,439
- Oct 14, 2010 2:00am Oct 14, 2010 2:00am
- | Membership Revoked | Joined Oct 2010 | 2,745 Posts
- #260,440
- Oct 14, 2010 2:00am Oct 14, 2010 2:00am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
i learn from u how to see longterm view bro....
thank you
rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=785
i still have so much to learn and always pick up something from yur charts