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Cable Update (GBPUSD)

  • #260,921
  • Edited 3:54pm Oct 18, 2010 12:31pm | Edited 3:54pm
Quoting Dayboy001
strange, makes me money

still holding for 1.5920 ( wish i'd taken 1.5914 )
Just come back to charts and found closed out @1.5920

1.5840 - 1.5880 = 2%
1.5840 - 1.5920 = 4%

Good day,

Happy pippin & good luck everyone.

See you tomorrow
  • #260,922
  • Oct 18, 2010 12:36pm Oct 18, 2010 12:36pm
Quoting Dayboy001
Just come back to charts and found closed out @1.5920

1.5840 - 1.5840 = 2%
1.5840 - 1.5920 = 4%

Good day,

Happy pippin & good luck everyone.

See you tomorrow
excellent trade profits
  • #260,923
  • Oct 18, 2010 12:37pm Oct 18, 2010 12:37pm
Quoting pawpaw1000
High guys...

I'm thinking of quitting the Cable and trading just fibre... It respects s/r soo much better and has alot less spikes (to kill ur s/l).

What do you guys think? All in the mind or real facts?
Good day to you,

EU is by far the highest volume pair traded. It is also known to be the least profitable pair (win/loss ratio to trades entered into by individuals) - but this could be because almost all new traders start out with EU - due to the attractive spreads and roll over costs.

Because of the high volumes traded, the pair seems "slow" as opposed to many others. Movements, as a rule, are more uniform than say, GU - purely because of the volumes traded in both directions.

Regards
  • #260,924
  • Oct 18, 2010 1:07pm Oct 18, 2010 1:07pm
Quoting pawpaw1000
High guys...

I'm thinking of quitting the Cable and trading just fibre... It respects s/r soo much better and has alot less spikes (to kill ur s/l).

What do you guys think? All in the mind or real facts?
Having an idea of the trade relation between cable and fiber will help your trading grandly. Quitting one for the other...well, maybe not so much.

Why not trade both?

On the quick n dirties today, a couple of hours worth of trading and including last nights helpers, I have taken just over 250 trading the mix...

So far only 1 Major losses on the week, on cable -11...meh...I'll get over it...

They trade the same, buy cycles, sell cycles, same time. You just have to put your buys on who has the bull juice and put your sells on those running with the bears.

O course, this is just my idea...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #260,925
  • Oct 18, 2010 1:19pm Oct 18, 2010 1:19pm
pa has been pretty whippy as of lately, but it looks the pair is trying to put in a top close to 1.60.
  • #260,926
  • Oct 18, 2010 1:26pm Oct 18, 2010 1:26pm
Long at 1.5928
TP @ 1.5972 - 50% retracement of Friday's High and today's low

:nerd:
Enter Signature
  • #260,927
  • Oct 18, 2010 1:48pm Oct 18, 2010 1:48pm
Stared at the chart so hard i think i got a aha moment

possible H&S forming on H1

sideways between 5770-5969 before tanking

Not saying it's going to happen but it's a food for thought

manyana !


Attached Image (click to enlarge)
Click to Enlarge Name: gu H&S.GIF Size: 43 KB
Mind over matter..I don't mind and you don't matter.
  • #260,928
  • Oct 18, 2010 2:57pm Oct 18, 2010 2:57pm
Quoting egkid
When u think it totally bullish it go bearish and when u think it bearish it go bullish
Forex Puzzle So what do think now?
Have a nice weekend bro
I had a great weekend eg and just now saw your post. Now for my professional opinion ... hold on ... thinking ... well ... maybe ... possible ... bullish ... possible ... bearish ... and that's all I got to say about that.

I am going with the coin toss ... hold on ... I AM BULLISH
  • #260,929
  • Oct 18, 2010 3:28pm Oct 18, 2010 3:28pm
Quoting Dayboy001
Just come back to charts and found closed out @1.5920

1.5840 - 1.5840 = 2%
1.5840 - 1.5920 = 4%

Good day,

Happy pippin & good luck everyone.

See you tomorrow
would you care to share your trades system here?
Bomi
  • #260,930
  • Oct 18, 2010 3:47pm Oct 18, 2010 3:47pm
Do most here follow the GU intra-day and trade it exclusively ? The more I follow the GU closely the more it seems I get a feeling for where it will move and stop, I'm wondering if others do this as well.
  • #260,931
  • Oct 18, 2010 4:00pm Oct 18, 2010 4:00pm
I don't know what will be.., but I'm traiding BUY..!
  • #260,932
  • Oct 18, 2010 4:18pm Oct 18, 2010 4:18pm
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 76 KB
  • #260,933
  • Oct 18, 2010 4:28pm Oct 18, 2010 4:28pm
Quoting fendi
to where? not now not even in 24hrs time..............
your loss. good luck buying those imaginary dips.
Attached Image (click to enlarge)
Click to Enlarge Name: d.gif Size: 26 KB
Thank You
  • #260,934
  • Oct 18, 2010 4:47pm Oct 18, 2010 4:47pm
Quoting redsword11
Attachment


Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 77 KB



partial close
  • #260,935
  • Oct 18, 2010 4:48pm Oct 18, 2010 4:48pm
BUY SL 1.5830 TP 1.7000 Enyone with me?
  • #260,936
  • Oct 18, 2010 5:16pm Oct 18, 2010 5:16pm
Happy Trading ...

rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=817
Attached Image (click to enlarge)
Click to Enlarge Name: oct 19 h1.gif Size: 15 KB
not euphoria follower
  • #260,937
  • Oct 18, 2010 6:16pm Oct 18, 2010 6:16pm
Quoting redsword11
Attachment


partial close


Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 64 KB
  • #260,938
  • Oct 18, 2010 6:45pm Oct 18, 2010 6:45pm
A hard 220 pips available long in the last 24hrs....but the easy option was short...we may hit 15800 before the upswing,considering the aggression of the recent bearish PA
Attached Image (click to enlarge)
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  • #260,939
  • Oct 18, 2010 6:57pm Oct 18, 2010 6:57pm
20sma M15 about to be broken,quite close to the recent test of 200ema also,currently @ 15937...so we might even break that...but resistance @ 15965,I think will hold I have pending shorts around that area
  • #260,940
  • Oct 18, 2010 7:09pm Oct 18, 2010 7:09pm
Quoting redsword11
Attachment

Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 86 KB




....... as suggested by price



closed @ tg




Red
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