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Cable Update (GBPUSD)

  • #308,641
  • Apr 17, 2012 1:58pm Apr 17, 2012 1:58pm
Quoting TauTrader
Good day to you,

could not sleep - so popping in.

Playing Monday fullback / goalkeeper on our lives is always easy.Could have, should have... If I only...

Never regret the life you lived. You will be amazed as to how many lives you changed. How much impact you had on others. How many people you touched for the better.

Life is a great marathon. Tough, but rewarding.

Live it. Enjoy it. Prosper with what you have. You are a winner.

All success to you

Regards
Thank you guys.
I am an artist website
http://sahakianart.com/index.html
I am however working in service industry to pay my bills.Trading appeals to me becouse I can paint and play the markets without leaving my studio.Well at least that's my goal.
In trading, you have to be defensive and aggressive at the same time
  • #308,642
  • Apr 17, 2012 2:00pm Apr 17, 2012 2:00pm
Quoting TauTrader
Good day to you,

could not sleep - so popping in.

Playing Monday fullback / goalkeeper on our lives is always easy.Could have, should have... If I only...

Never regret the life you lived. You will be amazed as to how many lives you changed. How much impact you had on others. How many people you touched for the better.

Life is a great marathon. Tough, but rewarding.

Live it. Enjoy it. Prosper with what you have. You are a winner.

All success to you

Regards
Life is a marathon and i have only started, theres so much more obstacles to face in the future... and i will have to learn from it sometimes...
i guess i should be proud to start my Forex Marathon early then?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #308,643
  • Apr 17, 2012 2:11pm Apr 17, 2012 2:11pm
Quoting bguguen
Life is a marathon and i have only started, theres so much more obstacles to face in the future... and i will have to learn from it sometimes...
i guess i should be proud to start my Forex Marathon early then?
Good day to you,

For sure - you have achieved a lot in a short time.

I am very proud of you. Stay true to your roots and always respect others - and you will only become better.

Give back and you will be a legend. By the way - how's your dad doing?

See you at the top. Or bottom.

Regards
  • #308,644
  • Apr 17, 2012 2:22pm Apr 17, 2012 2:22pm
Quoting TauTrader
Good day to you,

For sure - you have achieved a lot in a short time.

I am very proud of you. Stay true to your roots and always respect others - and you will only become better.

Give back and you will be a legend. By the way - how's your dad doing?

See you at the top. Or bottom.

Regards
My dad is doing fine.... was there something happened to him the last time i talked to you about him?? hes fine but im just starting to worry about him and my family because of his age... hes turning 70 soon so im hoping ot make enough with my new trading system to finance a BIG surprise birthday party with champagne and top class chinese food in september, my mom and i are already planning it, and im working on the financial side to reach that target....

Otherwise everythings fine i suppose... i guess i just feel more and more responsible for my family as my dad grows older day by day....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #308,645
  • Apr 17, 2012 2:32pm Apr 17, 2012 2:32pm
Quoting bguguen
My dad is doing fine.... was there something happened to him the last time i talked to you about him?? hes fine but im just starting to worry about him and my family because of his age... hes turning 70 soon so im hoping ot make enough with my new trading system to finance a BIG surprise birthday party with champagne and top class chinese food in september, my mom and i are already planning it, and im working on the financial side to reach that target....

Otherwise everythings fine i suppose... i guess i just feel more and more responsible for...
Hi,

No - there was no issue. I just recall that you were concerned about the fact that your dad was getting older. That's all.

Roles reverse sometimes - providers become dependent and dependants become providers. Good that you care. Shows character and respect.

I am really going to bed now. See tomorrow.

All success
  • #308,646
  • Apr 17, 2012 2:55pm Apr 17, 2012 2:55pm
Quoting Fudomyo
let's say you want to learn to play the piano. no matter how much you want to be good at it today, it's going to take 3 years to learn it. but if you don't start you'll never be able to play.

3 years goes fast, ahead or behind us.

trading is no different.
theres no substitute for experience..good thing with being around for a while ..u know who is a trader and who is blowing bubbles

and u my friend are no bubble blower
  • #308,647
  • Apr 17, 2012 3:05pm Apr 17, 2012 3:05pm
IMF gives UK go-ahead for further quantitative easing

Tuesday 17 April 2012 14.03 BST


International Monetary Fund says further easing of policy by Bank of England would help improve flow of credit




http://www.guardian.co.uk/business/2...itative-easing
I don't trust any move - when you have profit...take it.
  • #308,648
  • Apr 17, 2012 3:10pm Apr 17, 2012 3:10pm
Quoting nAVIN2007
theres no substitute for experience..good thing with being around for a while ..u know who is a trader and who is blowing bubbles

and u my friend are no bubble blower

All good things take time.....

I have been self employed most of my life.....and I know that any "overnight" success in the business world is actually at least 5 years in the making.

I started trading about 3 years ago and it is funny how "in the moment" you really think you know what you are doing....but each day that passes and I look back over my 3 years....I can honestly say to myself......man 3 months ago when I really thought I knew what I was doing....I did not know shit....I know so much more now and understand so much more now......and that happens every 3 months -You must always learn and evolve yourself as a trader if you want to make it a career.
I don't trust any move - when you have profit...take it.
  • #308,649
  • Apr 17, 2012 3:13pm Apr 17, 2012 3:13pm
Quoting Faller
All good things take time.....

I have been self employed most of my life.....and I know that any "overnight" success in the business world is actually at least 5 years in the making.

I started trading about 3 years ago and it is funny how "in the moment" you really think you know what you are doing....but each day that passes and I look back over my 3 years....I can honestly say to myself......man 3 months ago when I really thought I knew what I was doing....I did not know shit....I know so much more now and understand so much more now......and...

this is very true..knowledge is relative
  • #308,650
  • Apr 17, 2012 3:22pm Apr 17, 2012 3:22pm
Quoting PoundTrader
the bounce could happen around 1.5990
Just woke up and yeah I see 5983 or so heading to 5818, but damn, I have not seen this weird PA before. I'm short 5952 and going to BE, system and PA conflicting bro, same your end?
Come with me if you want to live....
  • #308,651
  • Apr 17, 2012 3:25pm Apr 17, 2012 3:25pm
Dollar is close to its apex for the next directional move - as is the Euro....Pound.....
Attached Image (click to enlarge)
Click to Enlarge Name: large_epvmoim.png.gif Size: 109 KB
I don't trust any move - when you have profit...take it.
  • #308,652
  • Apr 17, 2012 3:26pm Apr 17, 2012 3:26pm
Quoting Ill-b-back
Just woke up and yeah I see 5983 or so heading to 5818, but damn, I have not seen this weird PA before. I'm short 5952 and going to BE, system and PA conflicting bro, same your end?

I am it is weird for sure......but when we look back it will make sense.
I don't trust any move - when you have profit...take it.
  • #308,653
  • Apr 17, 2012 3:30pm Apr 17, 2012 3:30pm
Quoting nAVIN2007
theres no substitute for experience..good thing with being around for a while ..u know who is a trader and who is blowing bubbles

and u my friend are no bubble blower
am i bubble blower?? sad thing is i might still be one without noticing it but i guess its compensated with the lack of experience i guess....
sooo much respect for the senior traders here
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #308,654
  • Apr 17, 2012 3:32pm Apr 17, 2012 3:32pm
Quoting Faller
I am it is weird for sure......but when we look back it will make sense.
And that will make us feel good... Altough we miss the move...
  • #308,655
  • Apr 17, 2012 3:36pm Apr 17, 2012 3:36pm
Short now. SL now at BE. We have 100 hour MA coming up @1.5918 might work as support, probably I will try to book some profits around those levels.
  • #308,656
  • Apr 17, 2012 3:39pm Apr 17, 2012 3:39pm
Quoting smikester
Thank you and I wouldn't have expected anything less from you Fudomyo because your answer is excellent, as usual. These are odd times and I admit QE and risk on/off equations make the longer term fundamentals difficult but CB intervention has always been a factor and not to accept that is not to be a trader. You only have to glance at the charts to see they are being difficult. But a lot of the "liquidity" that gave us our recent bubbles should never have been there, it was manufactured wasn't it?

I think what bbmac and I are getting fed up...
I apologise if i have contributed to this frustration. From my end, my only ideas on manipulation or fixing comes from the precision this pair exhibits in terms of its pricing. My system doesn't work on any other pair, only this one, and if I patiently wait responsibly for correct signals, they often come in to the pip. My thoughts on manipulation were raised because my system actually thrives on it. It just seems weird that with bulls and bears fighting it out in the ring in the most traded pair, that this precision would occur, but I admit to not knowing much about the actual mechanics at the top end of town that give us our prices also
Come with me if you want to live....
  • #308,657
  • Apr 17, 2012 3:41pm Apr 17, 2012 3:41pm
Quoting Faller
I am it is weird for sure......but when we look back it will make sense.
Yes, funny how it makes sense looking back, kind of makes you feel like the little fish are left in the dark (for a while) eh
Come with me if you want to live....
  • #308,658
  • Apr 17, 2012 3:46pm Apr 17, 2012 3:46pm
Quoting Ill-b-back
Yes, funny how it makes sense looking back, kind of makes you feel like the little fish are left in the dark (for a while) eh
Does anyone know how far ahead the big money get the news before us?
Come with me if you want to live....
  • #308,659
  • Apr 17, 2012 4:06pm Apr 17, 2012 4:06pm
The first chart below I posted earlier today.... http://www.forexfactory.com/showthre...53#post5582353

Second chart is the update - look inside the blue circle - stochastics rolling over.....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: divergence.png Size: 77 KB
Click to Enlarge Name: divergence update.png Size: 78 KB
I don't trust any move - when you have profit...take it.
  • #308,660
  • Apr 17, 2012 4:10pm Apr 17, 2012 4:10pm
Quoting Faller
The first chart below I posted earlier today.... http://www.forexfactory.com/showthre...53#post5582353

Second chart is the update - look inside the blue circle - stochastics rolling over.....
If your scenario is confirmed where are you looking for support?

BTW your support/resistance lines are hand drawn or you have an indicator to draw them to you?

Nice graphs!
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