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Cable Update (GBPUSD)

  • #296,101
  • Dec 30, 2011 2:58am Dec 30, 2011 2:58am
Quoting Faller
Just to clarify - I am a day trader also. So that is why my signature says what it does. All that being said....I like the way cable is holding up here as the euro is making new daily lows....I may reload here for another test of the daily high.

Cheers....
OK... And with cable it may not be bad advice it's a while since it trended nicely. And it does like to come down to look at the 00:00am price doesn't it...
Gone to a better place
  • #296,102
  • Dec 30, 2011 3:24am Dec 30, 2011 3:24am
Quoting smikester
Yes and talking about high horses, what about Pound Trader?

"Watch and learn!" "Forex is just my ATM, really!" and here's the best:

"you know what im doing, making a shit load of money trading forex and i don't give a damn how it works i buiild a system and bam it works"

Really helpful bragging. Post a chart then, dammit!

Anyway that's enough wingeing from me. Have a great year of trading everybody, and to those who shared their ideas this year - Thank you!
his mouth can be wide but he is a good trader, he has no charts, from what i can gather its a mathematical system he uses which suggest appropriate buy/sell entry and exit point.

thanks for yur charts this year
  • #296,103
  • Dec 30, 2011 3:28am Dec 30, 2011 3:28am
if financial crash happened, Will all the banks in all countries waive off all the debt held the their clients?? because of I have education loan to clear...don't know how...sickkkkk
  • #296,104
  • Dec 30, 2011 3:31am Dec 30, 2011 3:31am
Quoting robert7
if financial crash happened, Will all the banks in all countries waive off all the debt held the their clients?? because of I have education loan to clear...don't know how...sickkkkk

give your head a shake......they will just raise the interest rates on your loans to cover their losses.......did you not take economics 101 in school.....the banks never lose.
I don't trust any move - when you have profit...take it.
  • #296,105
  • Dec 30, 2011 3:32am Dec 30, 2011 3:32am
Quoting Faller
Just to clarify - I am a day trader also. I look at all time frames and I use the longer time frames to form my overall bias. So just because I posted a daily chart does not mean I am a position trader. I have stated many times before that I trade British Pound futures.....I look for 30 to 50 pip moves.....that is all. And as for my signature - well look at what price just did. I got my 30 pips took profit and bam price came back down. So that is why my signature says what it does. All that being said....I like the way cable is holding up...

cable being here aint the best but if it reveres today which i expect..same view as pound trader and u as well..
just gotta let it do its thing

oil has a bullish chance today
(gold as well....and euro too..these 3 if move up can take cable up)..however plenty of downward resistance
  • #296,106
  • Dec 30, 2011 3:36am Dec 30, 2011 3:36am
Quoting nAVIN2007
cable being here aint the best but if it reveres today which i expect..same view as pound trader and u as well..
just gotta let it do its thing

oil has a bullish chance today
(gold as well....and euro too..these 3 if move up can take cable up)..however plenty of downward resistance

she is trying hard to reverse......good war going on around 1.5400 oh hey......looky looky......nice pop!!
I don't trust any move - when you have profit...take it.
  • #296,107
  • Dec 30, 2011 3:43am Dec 30, 2011 3:43am
Quoting Faller
she is trying hard to reverse......good war going on around 1.5400 oh hey......looky looky......nice pop!!

she aint trying i personally dont believe in wars between bull and bears..i think market just tries to take money from u..and u have to enter with this in mind..if the war exist i cant see how market at times shows precision..its just 2 on point

1.5420 is the line in the sand..PA around that point will indicate if bulls can hold..if u want to short then PA needs to reject 1.5420 on 4hr..

im a bull..target 1.65-1.66..there i will take profit but still hold..if im lucky


look at gold and where buyer came in exactly on the monthly trendline

if the dailly goes up..breaking high of yesterday..that 5 attempts to break below 1.53..if this cant stimulate bulls..im f**ked!!
  • #296,108
  • Dec 30, 2011 3:46am Dec 30, 2011 3:46am
Sell signal holding for now. Looking for 53 area.
Come with me if you want to live....
  • #296,109
  • Dec 30, 2011 3:49am Dec 30, 2011 3:49am
Quoting nAVIN2007
she aint trying i personally dont believe in wars between bull and bears..i think market just tries to take money from u..and u have to enter with this in mind..if the war exist i cant see how market at times shows precision..its just 2 on point

1.5420 is the line in the sand..PA around that point will indicate if bulls can hold..if u want to short then PA needs to reject 1.5420 on 4hr..

im a bull..target 1.65-1.66..there i will take profit but still hold..if im lucky


look at gold and where buyer came in exactly on the monthly trendline

I remeber your post from the other night regarding gold - good insight my friend. Also, I agree with your comments about a war......the markets just want to take your money and once you realize that you are one step closer to be successful.
I don't trust any move - when you have profit...take it.
  • #296,110
  • Dec 30, 2011 3:54am Dec 30, 2011 3:54am
Quoting Faller
I remeber your post from the other night regarding gold - good insight my friend. Also, I agree with your comments about a war......the markets just want to take your money and once you realize that you are one step closer to be successful.

thanks man..
  • #296,111
  • Dec 30, 2011 4:10am Dec 30, 2011 4:10am
Quoting nAVIN2007
she aint trying i personally dont believe in wars between bull and bears..i think market just tries to take money from u..and u have to enter with this in mind..if the war exist i cant see how market at times shows precision..its just 2 on point

1.5420 is the line in the sand..PA around that point will indicate if bulls can hold..if u want to short then PA needs to reject 1.5420 on 4hr..

im a bull..target 1.65-1.66..there i will take profit but still hold..if im lucky


look at gold and where buyer came in exactly on the monthly trendline

if...
I agree, market very precise, too precise dude. Must use it to our advantage.
Come with me if you want to live....
  • #296,112
  • Dec 30, 2011 4:11am Dec 30, 2011 4:11am
Quoting PoundTrader
..... this account was started with $500 usd last year, and this is not my main account...............
PT,

now that you've managed to turn $500 into $300k,
do you feel it's gonna be easier or harder to turn that $300k into a Mill?
Hear the music before the song is over ...
  • #296,113
  • Dec 30, 2011 4:39am Dec 30, 2011 4:39am
atm we still have not seen a closed in swissy below 9400. still holding my yesterday positions.

added 1 new position in eg based on i see demand at about my entry price..
Attached Image (click to enlarge)
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  • #296,114
  • Dec 30, 2011 4:48am Dec 30, 2011 4:48am
checking from home , ok go eu again but gu still to prove , breaks 5450,72 & 86 to go for correction up .
scalping long in both now .gu very yet as falling down to sr 5366 remain intact .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 9 KB
Click to Enlarge Name: gu2.gif Size: 10 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,115
  • Dec 30, 2011 4:50am Dec 30, 2011 4:50am
Anybody here use the Asia range as a break out box for cable?
Gone to a better place
  • #296,116
  • Dec 30, 2011 4:50am Dec 30, 2011 4:50am
wish everyone luck with there trading
  • #296,117
  • Dec 30, 2011 4:52am Dec 30, 2011 4:52am
Quoting GlobalMacro
PT,

now that you've managed to turn $500 into $300k,
do you feel it's gonna be easier or harder to turn that $300k into a Mill?
not if you stick with the plan.
  • #296,118
  • Dec 30, 2011 4:53am Dec 30, 2011 4:53am
Quoting PoundTrader
wish everyone luck with there trading
True , high spread , irregular setups or random fobic clonic convulsion it is impossible to trade any even for few pips without luck.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,119
  • Dec 30, 2011 4:53am Dec 30, 2011 4:53am
Quoting nAVIN2007
his mouth can be wide but he is a good trader, he has no charts, from what i can gather its a mathematical system he uses which suggest appropriate buy/sell entry and exit point.

thanks for yur charts this year
  • #296,120
  • Dec 30, 2011 4:55am Dec 30, 2011 4:55am
Quoting fontu
True , high spread , irregular setups or random fobic clonic convulsion it is impossible to trade any even for few pips without luck.
fontu
i think building a winning system take hard work and a lot of luck
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