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Cable Update (GBPUSD)
- #304,401
- Mar 21, 2012 5:34am Mar 21, 2012 5:34am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #304,402
- Mar 21, 2012 5:35am Mar 21, 2012 5:35am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
i miss quite a lot of good trade also..
Gone to a better place
- #304,403
- Mar 21, 2012 5:39am Mar 21, 2012 5:39am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
caution: one 1hr bearish candle - does not a downtrend/overall bearish scenario make !! The overall price action situation remains bullish overall (until pa begins top tell us otherwise) despite this 1hr candle ? If anything 1hr is somewhat mixed and rangy between 5922-5818, 4hr looks more bullish ?
G/L
yes..yesterday dailly is bearish but PA today because broke above yesterday high is forming a counter PA bear hold..
so long as it remain where it is and doesnt break 1.58 the bear has to deal ith da bull
best scenero for me..dailly not moving.. bull flag on dailly hopefully in the makin
- #304,405
- Mar 21, 2012 5:42am Mar 21, 2012 5:42am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #304,406
- Mar 21, 2012 5:43am Mar 21, 2012 5:43am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
yeah.. i guess someone says that patience is the key.. the only loss is just opportunity rather than money.. LOL.
there is no loss..it is this simple
- #304,407
- Mar 21, 2012 5:45am Mar 21, 2012 5:45am
- Joined May 2009 | Status: Trader | 4,895 Posts
there is no loss..it is this simple
- #304,408
- Mar 21, 2012 5:46am Mar 21, 2012 5:46am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
high is forming a counter PA bear hold..
bear has to deal ith da bull
n
Gone to a better place
- #304,410
- Mar 21, 2012 5:54am Mar 21, 2012 5:54am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #304,411
- Mar 21, 2012 5:54am Mar 21, 2012 5:54am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
well, if you missed a good setup, what you're lose is just opportunity, right? i think that is way better than to lose money... LOL.
once i came out of this trade..u guys will see how mechanical i will be..i simply will wait for everything to line and only then execute..
someone seeing money on floor and not picking it up..didnt lose the money..he will contunue to have a great day..on the other hand if another guy is presented with same fate but he think - darn i missed an opportunity, i lost money he is less likely to have a good day..
need clear head in trading
Not sure if a chair is allowed in the ring?
- #304,412
- Mar 21, 2012 5:56am Mar 21, 2012 5:56am
- Joined May 2009 | Status: Trader | 4,895 Posts
price just about touched the 50% of 5922-5842 at the pullback hi...is this where the sellers come back in ?
G/L
- #304,413
- Edited 6:39am Mar 21, 2012 5:56am | Edited 6:39am
price just about touched the 50% of 5922-5842 at the pullback hi...is this where the sellers come back in ?
G/L
Looking for this upward 4hr/daily trend to hold the resistance after the break SHORT from 1.58773
http://i899.photobucket.com/albums/a...anuk/gbp-3.png
- #304,416
- Mar 21, 2012 6:29am Mar 21, 2012 6:29am
- Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
this week is for scalpers, im a swing trader and there nothing swinging
- #304,417
- Mar 21, 2012 6:29am Mar 21, 2012 6:29am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
i have fiber and eurgbp short and as i see it, since currently we have rapid down move in fiber hence taken eurgbp down, thus limiting the movement in cable.. LOL.
Guess has to give cable sometime.. this pair really has similarities with women.. it can lose it's rhythm with no apparent reason at all and need a lot of patience to trade it.. LOL.
this week is for scalpers, im a swing trader and there nothing swinging
- #304,418
- Mar 21, 2012 6:33am Mar 21, 2012 6:33am
- Joined May 2009 | Status: Trader | 4,895 Posts
this week is for scalpers, im a swing trader and there nothing swinging
- #304,420
- Mar 21, 2012 6:38am Mar 21, 2012 6:38am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place