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Cable Update (GBPUSD)

  • #270,721
  • Feb 1, 2011 7:28am Feb 1, 2011 7:28am
Quoting yasi
guys do you think doji in 1h means the market going to head up?
dude..,do you have money management?
I will be the number one Manager.
  • #270,722
  • Feb 1, 2011 7:46am Feb 1, 2011 7:46am
[quote=WengOn;4361658]
Quoting WengOn


Total 5Lot entry for this fren who onto Forex for3days, His account will experience Margin call if the price hit 16160.
I PRAY HARD, he dont experience margin call.

He treats FOREX as his own GAMBLING table.

*Sigh*

You should've introduced him to SPools leh.
  • #270,723
  • Feb 1, 2011 7:47am Feb 1, 2011 7:47am
Attached Image (click to enlarge)
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  • #270,724
  • Feb 1, 2011 7:49am Feb 1, 2011 7:49am
ooom nice
  • #270,725
  • Feb 1, 2011 7:59am Feb 1, 2011 7:59am
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbp d1.gif Size: 14 KB
  • #270,726
  • Feb 1, 2011 8:03am Feb 1, 2011 8:03am
Quoting pipgame
yup, that's my trade as well, for me @1.61089
Been waiting for this to happen for weeks...
hope it follows the triangle...
monthly chart below
Attached Image
  • #270,727
  • Feb 1, 2011 8:03am Feb 1, 2011 8:03am
Quoting Faryad
As long as the pair holds over 1.6080 I would be careful with that short. It has tried a few times with no luck.
And some good US news could make the Risk come back on, and then It`s not to likely that the upmove is done here.
Also keep an eye on EU. If 1.3774 breaks and holds. Not to likely to see much USD strenght.
  • #270,728
  • Feb 1, 2011 8:06am Feb 1, 2011 8:06am
If your friend new in currency investment, inform him to use small lot rather then using big lot.

make a consistent profit...not consistent loss !

[quote=WengOn;4361658]
Quoting WengOn
He opened another position

16040 my fren losing USD2700 now total 4LOTS open, every single pip now USD40.

I AM SHAKING NOW, Total account USD 12K


Total 5Lot entry for this fren who onto Forex for3days, His account will experience Margin call if the price hit 16160.
I PRAY HARD, he dont experience margin call.

He treats FOREX as his own GAMBLING table.



Fibo 23.6 Never happened on to this TREND

i manually stop 2 transaction with total profit 34pips,
last transaction lost 50pips. Break out BURST me out!

I feel...
  • #270,729
  • Feb 1, 2011 8:09am Feb 1, 2011 8:09am
Quoting Sunsi
As long as the pair holds over 1.6080 I would be careful with that short. It has tried a few times with no luck.
And some good US news could make the Risk come back on, and then It`s not to likely that the upmove is done here.
Also keep an eye on EU. If 1.3774 breaks and holds. Not to likely to see much USD strenght.
well i agree aint go for sell order now , waiting for good entry look at USD down n down
Attached Image (click to enlarge)
Click to Enlarge Name: usd.gif Size: 10 KB
  • #270,730
  • Feb 1, 2011 8:13am Feb 1, 2011 8:13am
are u kidding me?! of course i have money management its my strategy to use a lot of position with very little volume. hello i am trying to learn hear that's why im looking for your confirmation and if i ask you questions;it doesn't mean that i have a position
  • #270,731
  • Feb 1, 2011 8:37am Feb 1, 2011 8:37am
Cable has never crossed the red line of 20 ema since yesterday..
so why bother guessing of reversal ?

Simple.
Attached Image (click to enlarge)
Click to Enlarge Name: gu0102.gif Size: 8 KB
  • #270,732
  • Feb 1, 2011 8:41am Feb 1, 2011 8:41am
Hi, i'm newbie. If ISM > 60 what is the impact for GBP? Thanks a lot and sorry for my english
  • #270,733
  • Feb 1, 2011 8:43am Feb 1, 2011 8:43am
Quoting yasi
are u kidding me?! of course i have money management its my strategy to use a lot of position with very little volume. hello i am trying to learn hear that's why im looking for your confirmation and if i ask you questions;it doesn't mean that i have a position
no offence, just asking..,i even not in position to give any advise (or correction) to anybody..so no need to angry..
I will be the number one Manager.
  • #270,734
  • Feb 1, 2011 9:13am Feb 1, 2011 9:13am
Downside seems to be capped at a 1.6080 at the moment. A 1hclose over 1.6117 would confirm this.

So far this 1h candle has potential.
  • #270,735
  • Feb 1, 2011 9:14am Feb 1, 2011 9:14am
Looks like volume is erratic and muted at moment, does its waiting for any news at moment?
  • #270,736
  • Feb 1, 2011 9:20am Feb 1, 2011 9:20am
Lots of stop hunting like motion seen better trade with straddle's and let market decides were to move
  • #270,737
  • Feb 1, 2011 9:30am Feb 1, 2011 9:30am
Quoting javapips
no offence, just asking..,i even not in position to give any advise (or correction) to anybody..so no need to angry..
im ok dude
  • #270,738
  • Feb 1, 2011 9:37am Feb 1, 2011 9:37am
I am Short and any votes to me
  • #270,739
  • Feb 1, 2011 9:38am Feb 1, 2011 9:38am
Quoting amarfx
I am Short and any votes to me
Oposite of me. Long from lower levels.

Will recoinsider my position after this 1h close. Depending of close, and on EU, and USDx
  • #270,740
  • Edited 10:05am Feb 1, 2011 9:56am | Edited 10:05am
Quoting amarfx
I am Short and any votes to me
I already OP 1.3773 but ... she goin up, ... but still i'm sure she'll be back down, [ perhaps ] (EUR/USD) and 6140 on GU ...
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