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Cable Update (GBPUSD)

  • #265,321
  • Nov 25, 2010 1:39pm Nov 25, 2010 1:39pm
Quoting Ifty
If I changed my name to Rajesh tomorrow by deed, would that help me Chazzle? .
Depends why you need help,Ifty...
  • #265,322
  • Nov 25, 2010 1:47pm Nov 25, 2010 1:47pm
Quoting chazzle
Depends why you need help,Ifty...
Because I don't have 7 million .
You've got to be IN IT to WIN IT!
  • #265,323
  • Nov 25, 2010 2:04pm Nov 25, 2010 2:04pm
Quoting Ifty
Because I don't have 7 million .
What?You don't have £7m and you're a FX Trader?...come on man,you're missing a trick or 2...lol

Just saying can be done,was done in the past and will be done again in the future.By you or me?Probably not unfortunately (but then,we're not taking those risks are we?)..by the guy who posts 100% gains in a couple of days?...well,probably not either...will he blow his account before us by trading like this?...probably yes

But don't get me wrong now,
I would actually bet money on this guy to lose his account,seriously I would.
But would I go all in?..Probably not...

Shit I'm never gonna get 7m in 2 years with that attitudeam I?
Oh well...
  • #265,324
  • Edited 2:07pm Nov 25, 2010 2:06pm | Edited 2:07pm
Quoting chazzle
What?You don't have £7m and you're a FX Trader?...come on man,you're missing a trick or 2...lol

Just saying can be done,was done in the past and will be done again in the future.By you or me?Probably not unfortunately (but then,we're not taking those risks are we?)..by the guy who posts 100% gains in a couple of days?...well,probably not either...will he blow his account before us by trading like this?...probably yes

But don't get me wrong now,
I would actually bet money on this guy to lose his account,seriously I would.
But...
OR .... you aim for £14M and then give me £7M . Now that's a brilliant idea. SO?
You've got to be IN IT to WIN IT!
  • #265,325
  • Nov 25, 2010 2:17pm Nov 25, 2010 2:17pm
Quoting Ifty
OR .... you aim for £14M and then give me £7M . Now that's a brilliant idea. SO?
Funny,I was gonna say the same thing...except we do a deal...the first one to 7m gives the other half...but when I played the scenario out in my head,to be honest,I couldn't picture myself keeping my half of the bargain...
  • #265,326
  • Nov 25, 2010 4:06pm Nov 25, 2010 4:06pm
well if its just me...

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  • #265,327
  • Nov 25, 2010 4:27pm Nov 25, 2010 4:27pm
Quoting chazzle
Funny,I was gonna say the same thing...except we do a deal...the first one to 7m gives the other half...but when I played the scenario out in my head,to be honest,I couldn't picture myself keeping my half of the bargain...
your only human. There's still hope for you as I haven't quite gotten as selfish as you . I am absolutely knackered so off to bed bro. Take care and see you all tomorrow. PEACE.
You've got to be IN IT to WIN IT!
  • #265,328
  • Nov 25, 2010 4:29pm Nov 25, 2010 4:29pm
Quoting Ifty
your only human. There's still hope for you as I haven't quite gotten as selfish as you . I am absolutely knackered so off to bed bro. Take care and see you all tomorrow. PEACE.
No hope for me Bro......see you later man
  • #265,329
  • Nov 25, 2010 5:30pm Nov 25, 2010 5:30pm
Good devergence on 4hr. STRONG Buy.
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"speak softly, and carry a big stick" Teddy Roosevelt
  • #265,330
  • Nov 25, 2010 5:49pm Nov 25, 2010 5:49pm
Daily
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  • #265,331
  • Nov 25, 2010 6:02pm Nov 25, 2010 6:02pm
H1
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  • #265,332
  • Nov 25, 2010 6:23pm Nov 25, 2010 6:23pm
Quoting wormboy
true, we can stay in this range the whole day for all you know. I'll wait
hehe, see no harm in waiting. so who became the turkey?

anyway my position is still flat. Range just got insanely tight with 15 pips separating today's dp & the monthly support level. Breakout is imminent, let's see which way she pops.

Good luck.
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Thank You
  • #265,333
  • Nov 25, 2010 6:28pm Nov 25, 2010 6:28pm
Quoting wormboy
. so who became the turkey?


Good luck.
I'll gladly own up if I get stopped..
  • #265,334
  • Nov 25, 2010 6:31pm Nov 25, 2010 6:31pm
Quoting chazzle
I'll gladly own up if I get stopped..
lol roll the dice
Thank You
  • #265,335
  • Nov 25, 2010 6:43pm Nov 25, 2010 6:43pm
This is a 4 hour chart.
did you see the green arrow on the chart?
it is a MACD crossing alert. I am using 12, 26, 9 on MACD.

(Click the image to enlarge)

Although you see the macd have a Bullish signal, some other indicator didn't have a Bullish signal.

http://preview.shareapic.net/preview7/023953617.gif


1. Ichimoku Kinko Hyo: The red Bearish Thv3 HA candlestick didn't break the Ichimoku Kinko Hyo

2. Momentum: Although the momentum is reach 99.60, it is still not safe to entry the Long position. I will wait to see when it reach 100.

http://img24.imageporter.com/i/00156/mtvucb43kg1z_t.jpg


3. CCI: the CCI is -82. Therefore, we will wait to see if the price is reach 0.

http://img1.imagehyper.com/t/0/0/278...1-6034c427.gif

In conclusion, there is not trade.
In my opinion, there will be a Short position again on the next 4 hours.
However, I will wait when the MACD crossing is Bearish arrow.

See you in next hour.
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  • #265,336
  • Nov 25, 2010 6:44pm Nov 25, 2010 6:44pm
Quoting wormboy
lol roll the dice
can I have those ones please Santa???
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  • #265,337
  • Nov 25, 2010 6:56pm Nov 25, 2010 6:56pm
Quoting chazzle
can I have those ones please Santa???
for you my friend, I'll throw in a spare & a keychain
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Thank You
  • #265,338
  • Nov 25, 2010 7:16pm Nov 25, 2010 7:16pm
Its all looking pretty flat but i see two possibilities:

1) We will go long from here based on having hit the weekly target T1, monthly support (19.1) and a long term lower TL. Not too far from a yearly long level either - so this scenario seems more probable to me...

2) We havent hit short targets from a previous larger swing so we could still break short because of that, and overall medium term trend looks bearish...

So in summary we could go up, or we could go down

I hear though that its unlikely to see a lot of action today regardless...?
  • #265,339
  • Nov 25, 2010 7:29pm Nov 25, 2010 7:29pm
Quoting wormboy
for you my friend, I'll throw in a spare & a keychain
...Your dice can only land on 5,1,3 or 2,6,4 which is 50/50 I'll take them odds only if I can charge people to play the game
  • #265,340
  • Nov 25, 2010 7:56pm Nov 25, 2010 7:56pm
Quoting Jazznos
So in summary we could go up, or we could go down
we only have 2 way to go..eighter up or down...my little 2 years old kid also can say that...lol
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