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Cable Update (GBPUSD)

  • #266,721
  • Dec 16, 2010 3:25am Dec 16, 2010 3:25am
Quoting TauTrader


Good day to you,
And to you, Tau. You are right. Nobody knows when I'm joking. Even I lose track.
Gone to a better place
  • #266,722
  • Dec 16, 2010 3:26am Dec 16, 2010 3:26am
Uk Retail Sales, previous/forecast both 0.5%...could see some knee-jerk (+?) £ strength or weakness depending on relationship of actual number/revisons of previous if any -to- previous/forecast number.

G/L
ex member
  • #266,723
  • Dec 16, 2010 3:35am Dec 16, 2010 3:35am
0.3% the actual retail sales #, no revision to previous but concurrent release - consumer inflation expectations comes in @ 3.9% -vs- 3.4%...so a mixed bag...new high on the day results.

Finishing here for day... may do a few hours early next week before breaking for good for rest of year into January.

G/L
ex member
  • #266,724
  • Dec 16, 2010 3:36am Dec 16, 2010 3:36am
ready for break up
  • #266,725
  • Dec 16, 2010 3:39am Dec 16, 2010 3:39am
Total pips this week = 71, very disappointed especially with the amount of movement but I'm happy when I think about not losing. Missed the PSAR break on the 1H but will go for the next opportunity.

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You've got to be IN IT to WIN IT!
  • #266,726
  • Dec 16, 2010 4:00am Dec 16, 2010 4:00am
Closed P/L:8 826.99Open Trades:TicketOpen TimeTypeSizeItemPriceS / LT / P PriceCommissionTaxesSwapProfitNo transactions 0.000.000.000.00 Floating P/L:0.00Working Orders:TicketOpen TimeTypeSizeItemPriceS / LT / PMarket Price No transactions Summary:Deposit/Withdrawal:3 000.00Credit Facility:0.00 Closed Trade P/L:8 826.99Floating P/L:0.00Margin:0.00Balance:11 826.99Equity:11 826.99Free Margin:11 826.99 Details:[IMG]file:///C:/Documents%20and%20Settings/Courier.VHOUSE/Мои%20документы/DetailedStatement161210.gif[/IMG]Gross Profit:9 336.82Gross Loss:509.83Total Net Profit:8 826.99Profit Factor:18.31Expected Payoff:56.95 Absolute Drawdown:0.00Maximal Drawdown:143.40 (1.30%)Relative Drawdown:1.30% (143.40) Total Trades:155Short Positions (won %):78 (84.62%)Long Positions (won %):77 (87.01%)Profit Trades (% of total):133 (85.81%)Loss trades (% of total):22 (14.19%)Largestprofit trade:1 410.50loss trade:-103.40Averageprofit trade:70.20loss trade:-23.17Maximumconsecutive wins ($):34 (1 003.60)consecutive losses ($):2 (-143.40)Maximalconsecutive profit (count):3 644.30 (23)consecutive loss (count):-143.40 (2)Averageconsecutive wins:8consecutive losses:
  • #266,727
  • Dec 16, 2010 4:19am Dec 16, 2010 4:19am
Quoting meromar
Closed P/L:8 826.99Open Trades:TicketOpen TimeTypeSizeItemPriceS / LT / P PriceCommissionTaxesSwapProfitNo transactions 0.000.000.000.00 Floating P/L:0.00Working Orders:TicketOpen TimeTypeSizeItemPriceS / LT / PMarket Price No transactions Summary:Deposit/Withdrawal:3 000.00Credit Facility:0.00 Closed Trade P/L:8 826.99Floating P/L:0.00Margin:0.00Balance:11 826.99Equity:11 826.99Free Margin:[b]11...
Good day to you,

Please go fish elsewhere for investors. You are in the wrong thread. How about putting up some charts to explain your one line comments and assisting others here?

Regards
  • #266,728
  • Dec 16, 2010 4:31am Dec 16, 2010 4:31am
Well I was out on my by a few pips on a weekly call LOL.
Entry at 5578 long. Stop 20 pips. First targets and pullbacks shown. Pullbacks not large areas could drop from there. Always trade on momentum.
http://i1236.photobucket.com/albums/...guy/hourly.gif

http://i1236.photobucket.com/albums/...y/weekly-1.gif

1st hourly entry shown (entered on 5 min chart), 4 hour momentum now apparent, wait for pullback to 4hr b/e stops, enter again on 5. Or scalp short down into that area.

Hell, it's not about being right it's about making money.

I don't trade supply and demand. I trade fear. The demand already happened, that's what the large bar was all about, the demand is gone. I trade the fear when price pulls back and knocks out all the b/e stops. Higher prob. entry.
  • #266,729
  • Dec 16, 2010 4:31am Dec 16, 2010 4:31am
...it would appear that your comment regarding good posts has backfired.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #266,730
  • Dec 16, 2010 4:32am Dec 16, 2010 4:32am
Agree...

Quoting TauTrader
Good day to you,

Please go fish elsewhere for investors. You are in the wrong thread. How about putting up some charts to explain your one line comments and assisting others here?

Regards
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #266,731
  • Dec 16, 2010 4:43am Dec 16, 2010 4:43am
I think there should be up-movement to about 1.5800. There are no any fundamental and financial causes for downtrend on pound.
  • #266,732
  • Dec 16, 2010 4:57am Dec 16, 2010 4:57am
Quoting rome777
I think there should be up-movement to about 1.5800. There are no any fundamental and financial causes for downtrend on pound.
My guess: the sell off due to irish bail out.
  • #266,733
  • Dec 16, 2010 4:57am Dec 16, 2010 4:57am
Quoting 45Condor
Agree...
Totally disagree with you and Tau. All he is trying to do is improve the worldwide sales of PARACETAMOL lol what's wrong with that? Since reading his post's I've become cross-eyed, started developing migraines and my brain's turning to soup.
You've got to be IN IT to WIN IT!
  • #266,734
  • Dec 16, 2010 5:00am Dec 16, 2010 5:00am


Quoting Ifty
Totally disagree with you and Tau. All he is trying to do is improve the worldwide sales of PARACETAMOL lol what's wrong with that? Since reading his post's I've become cross-eyed, started developing migraines and my brain's turning to soup.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #266,735
  • Dec 16, 2010 5:01am Dec 16, 2010 5:01am
Quoting Ifty
Totally disagree with you and Tau. All he is trying to do is improve the worldwide sales of PARACETAMOL lol what's wrong with that? Since reading his post's I've become cross-eyed, started developing migraines and my brain's turning to soup.
LOL
All systems of divination, like music itself,work through patterns.
  • #266,736
  • Dec 16, 2010 5:04am Dec 16, 2010 5:04am
Quoting Ifty
Totally disagree with you and Tau. All he is trying to do is improve the worldwide sales of PARACETAMOL lol what's wrong with that? Since reading his post's I've become cross-eyed, started developing migraines and my brain's turning to soup.
Good day to you,

Stirrer....

Your reasoning is just as strange as this deduction:
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  • #266,737
  • Dec 16, 2010 5:05am Dec 16, 2010 5:05am
The Lady or Gentleman may well be correct in the calls that they take, for the trading style that they adopt. We all trade differently. The problem, as Tau points out, is that statement is not substantiated with credible reason, be this via chart or observation of previous PA behaviour that cites numbers beyond just the one figure.

And then when something such as the last post is just dumped on the thread, most people's eyes just glaze over and nobody reads it.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #266,738
  • Dec 16, 2010 5:13am Dec 16, 2010 5:13am
Quoting TauTrader
Good day to you,

Stirrer....

Your reasoning is just as strange as this deduction:
What do you mean? I am serious. Got an appointment tomorrow with specsavers. Thinking of going for elton john's star shaped glassses LOL and then to the local hospital for electric shocks to the brain. Really I am LOL.
You've got to be IN IT to WIN IT!
  • #266,739
  • Dec 16, 2010 5:31am Dec 16, 2010 5:31am
4 hr....being probably over cautious i'm not going long until break above DP 15620, watching out for 15650 off M5. If close above 15670 i will be looking for
DR1 15714. Other than that i may go back to bed.
Sorry if i'm repeating what everyone else has said. only just got back
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All systems of divination, like music itself,work through patterns.
  • #266,740
  • Dec 16, 2010 5:45am Dec 16, 2010 5:45am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
at +52. S/L at BE.

if a man walks up to you and says "everything i say to you is a lie". Is he lying or telling the truth?

think about it.

alllllllllllllllllll night!
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