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Cable Update (GBPUSD)

  • #294,441
  • Dec 9, 2011 8:42am Dec 9, 2011 8:42am
Quoting WickedPips
I am plus 180pips thanks to BBking lol!

caught 90 on the way up and still short now, its hovering but about +90 also!

Its a great day for trading
sure is
  • #294,442
  • Dec 9, 2011 8:45am Dec 9, 2011 8:45am
another hour and a half most of this move will be over, friday is always a short day, good luck to the ones that was holding longs it will all work out in the end, either way
  • #294,443
  • Dec 9, 2011 8:46am Dec 9, 2011 8:46am
Quoting PoundTrader
another hour and a half most of this move will be over, friday is always a short day, good luck to the ones that was holding longs it will all work out in the end, either way
I'[ve found the best thing to do is::
1) Ignore the news
2) Ignore the advice from my broker who sends daily updates from their 'expert'
3) Look @ the majority on pivotfarm and take the opposite direction automatically lol!
4) hope for a bit of luck

hehe
What do you guys do?
::Swarvy Pip Stealing nomad:: :-:Trading THV:Version 4 MTF Template!:-:
  • #294,444
  • Dec 9, 2011 8:49am Dec 9, 2011 8:49am
US stocks UP at the open. Dow, S&P and Nasdaq are green so far.
While waiting NY further movement..


- A man visit his broker's account manager and says, "How do I start forex trading with a small account?"
The manager replies, "Start a large one and wait one week."


- Hospitals report that the hearts of brokers are in strong demand by transplant patients, because they’ve never been used.
  • #294,445
  • Dec 9, 2011 8:51am Dec 9, 2011 8:51am
Quoting gsantri
US stocks UP at the open. Dow, S&P and Nasdaq are green so far.
While waiting NY further movement..


- A man visit his broker's account manager and says, "How do I start forex trading with a small account?"
The manager replies, "Start a large one and wait one week."


- Hospitals report that the hearts of brokers are in strong demand by transplant patients, because they’ve never been used.
Reckon GBP will break the open again and go for another sprint its only 1pip away right now?? -- a bit hovverish right now
::Swarvy Pip Stealing nomad:: :-:Trading THV:Version 4 MTF Template!:-:
  • #294,446
  • Dec 9, 2011 9:00am Dec 9, 2011 9:00am
latest news USD Prelim UoM Consumer Sentiment is + plus so... i guess GBP will down
  • #294,447
  • Dec 9, 2011 9:12am Dec 9, 2011 9:12am
Quoting WickedPips
I'[ve found the best thing to do is::
1) Ignore the news
2) Ignore the advice from my broker who sends daily updates from their 'expert'
3) Look @ the majority on pivotfarm and take the opposite direction automatically lol!
4) hope for a bit of luck

hehe
What do you guys do?
good one, im a price action trader who don't use charts but a program i build i use on my computer
  • #294,448
  • Dec 9, 2011 9:21am Dec 9, 2011 9:21am
Quoting _BBKing_
yes but certainly not this kind of fast&furious up-down!
what i said was for 6-10 h4 candles!!!!!! lolz

we also said in the morning that a short into/near 57 should be good, but in these conditions everything can go opposite in no time! who knows where these moves will stop? can come out some one saying something and price moves 150pips.... and when you know WHO spoke and WHAT he said the move is already completed.

see you all next week
Anyway well guesed , the worst scenerio up to short or as per the analysis , it happened in spike . anytime any thing market may take action & so nothing can be possible for us when stop & when start . Hope all good pips to you this mad froday , me also good enough . will watch some hours to take little more or not .

fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #294,449
  • Dec 9, 2011 9:23am Dec 9, 2011 9:23am
Quoting fontu
Anyway well guesed , the worst scenerio up to short or as per the analysis , it happened in spike . anytime any thing market may take action & so nothing can be possible for us when stop & when start . Hope all good pips to you this mad froday , me also good enough . will watch some hours to take little more or not .

fontu
lol
took some 50pips overall.
some one did better than me by listening what i said. funny!
90% of traders use TA, indicators and prediction
  • #294,450
  • Dec 9, 2011 9:25am Dec 9, 2011 9:25am
Quoting WickedPips
I am plus 180pips thanks to BBking lol!

caught 90 on the way up and still short now, its hovering but about +90 also!

Its a great day for trading

happy for you!
90% of traders use TA, indicators and prediction
  • #294,451
  • Dec 9, 2011 9:25am Dec 9, 2011 9:25am
Quoting PoundTrader
good one, im a price action trader who don't use charts but a program i build i use on my computer
could we see it? :nerd:
90% of traders use TA, indicators and prediction
  • #294,452
  • Dec 9, 2011 9:33am Dec 9, 2011 9:33am
Quoting _BBKing_
lol
took some 50pips overall.
some one did better than me by listening what i said. funny!
still good , usually I do not play but today took the whole drop from the top & morning few pips loss in sl hit while sleeping + some scaping profit . overal the whole drop + some gain today in gu , also similar in eu .
very good day for sure , otherwise most week not taken part much as only short for me now-a-days . yesterday & today for all most for the week's gain .


fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #294,453
  • Dec 9, 2011 9:42am Dec 9, 2011 9:42am
Quoting gsantri
well done..

I see you've mastered a 'Kang Gun' system.
im newbie here....pra newbie malah....
  • #294,454
  • Dec 9, 2011 9:45am Dec 9, 2011 9:45am
my cat fly like a rocket.
Attached Image
90% of traders use TA, indicators and prediction
  • #294,455
  • Dec 9, 2011 9:47am Dec 9, 2011 9:47am
Quoting PoundTrader
good one, im a price action trader who don't use charts but a program i build i use on my computer
Good you build it by your own . I am also pure price action trader , only dependent upon chart not any indicators but use then as neccessary .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #294,456
  • Dec 9, 2011 9:56am Dec 9, 2011 9:56am
Quoting WickedPips
Reckon GBP will break the open again and go for another sprint its only 1pip away right now?? -- a bit hovverish right now
actually am expecting crude and gold to break the resistances.
  • #294,457
  • Dec 9, 2011 10:32am Dec 9, 2011 10:32am
Quoting fontu
Good you build it by your own . I am also pure price action trader , only dependent upon chart not any indicators but use then as neccessary .
fontu
price action is most leading indicator ... this goes well on me too..
  • #294,458
  • Dec 9, 2011 10:34am Dec 9, 2011 10:34am
Quoting gsantri
actually am expecting crude and gold to break the resistances.
might be fundamental doesn't allow them to do so.. don't know why
  • #294,459
  • Dec 9, 2011 10:45am Dec 9, 2011 10:45am
Quoting rainyroxo
might be fundamental doesn't allow them to do so.. don't know why
already locked some profit.

NY is building risk appetite slowly.
hopefully no bloody ratings coming today.
  • #294,460
  • Dec 9, 2011 12:07pm Dec 9, 2011 12:07pm
Hope the market near dead & nothing may works , yet possible pa now , price may test 5584 or nearer ( 5610) if possible or get time to.eu similarly 3282 ( nearer 3339,3319 ) .

fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
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