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Cable Update (GBPUSD)

  • #309,341
  • Apr 23, 2012 7:35am Apr 23, 2012 7:35am
JPY?
WHAT LEVERAGE ARE YOU USING? -
KEEPING FOR A WEEK? MONTH?
vb
  • #309,342
  • Apr 23, 2012 8:03am Apr 23, 2012 8:03am
Quoting Vikingbarde
JPY?
WHAT LEVERAGE ARE YOU USING? -
KEEPING FOR A WEEK? MONTH?
vb
hello mate - I use 300:1 leverage - and also will look to close it at 129.60 - I only have a small account - and I tend to take my profits to build up the capital at the moment - my trades I tend to hold from 1 hour to 2-3 days depending on tf and TP zones etc..
"Millionaires don't use astrology, billionaires do"
  • #309,343
  • Apr 23, 2012 8:34am Apr 23, 2012 8:34am
TauTrader, im looking for a good safe place in cape town, any suggestion, i have about 14 million rand to spend, thats about 2 million usd
  • #309,344
  • Apr 23, 2012 8:39am Apr 23, 2012 8:39am
Quoting PoundTrader
TauTrader, im looking for a good safe place in cape town, any suggestion, i have about 14 million rand to spend, thats about 2 million usd
holy crap you're going to live like a king there in SA.. pm me if you like bro - Im from SA and dad still lives there - maybe he knows some people who can help you..
"Millionaires don't use astrology, billionaires do"
  • #309,345
  • Apr 23, 2012 8:43am Apr 23, 2012 8:43am
Quoting PoundTrader
TauTrader, im looking for a good safe place in cape town, any suggestion, i have about 14 million rand to spend, thats about 2 million usd

can live in my yard..i only charge 2k a month
UK

  • #309,346
  • Apr 23, 2012 8:45am Apr 23, 2012 8:45am
Good day to you,

Send me a PM so I can understand your requirement? Not a problem to assist.

Warm regards
  • #309,347
  • Apr 23, 2012 8:47am Apr 23, 2012 8:47am
Quoting nAVIN2007
can live in my yard..i only charge 2k a month
UK

For that amount you can take my wife, daughter and I even throw the dog with meal for 1 month for free!
  • #309,348
  • Apr 23, 2012 8:51am Apr 23, 2012 8:51am
Good day to you,

Expected this upmove. Been scalping today only. Chart shows my few trades taken. Bits and pieces. Trading racetracks.

I am expecting a move lower on the 1hr and 4hr chart - to be of more substance. The next plan is to look for that entry.

All success to you

Regards
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  • #309,349
  • Apr 23, 2012 9:04am Apr 23, 2012 9:04am
Quoting Leeson
For that amount you can take my wife, daughter and I even throw the dog with meal for 1 month for free!
  • #309,350
  • Apr 23, 2012 9:09am Apr 23, 2012 9:09am
Good day to you, Gentlemen / Ladies

Moving over to EU for now. Will let GU settle and take her on later.

Trade well

Regards
  • #309,351
  • Apr 23, 2012 9:16am Apr 23, 2012 9:16am
Cable is looking for 1.6324 from the current levels
  • #309,352
  • Apr 23, 2012 9:39am Apr 23, 2012 9:39am
Good day to you,

Careful - possible bear trap busy forming on 30 min.

Can go lower still - but just be careful.

Will rise again short term

Regards
  • #309,353
  • Apr 23, 2012 9:40am Apr 23, 2012 9:40am
Quoting PoundTrader
TauTrader, im looking for a good safe place in cape town, any suggestion, i have about 14 million rand to spend, thats about 2 million usd
Constantia, Plattekloof, Camps Bay or Bantry Bay. very upmarket areas, very safe and with your kinda money, can definitely get something stunning. Google "Pam Golding" south africa - they are upmarket real estate agents who have some istings on their website. Cheers.
  • #309,354
  • Apr 23, 2012 9:42am Apr 23, 2012 9:42am
Quoting TauTrader
Good day to you,

Expected this upmove. Been scalping today only. Chart shows my few trades taken. Bits and pieces. Trading racetracks.

I am expecting a move lower on the 1hr and 4hr chart - to be of more substance. The next plan is to look for that entry.

All success to you

Regards
Hi - what indicators are u using on your chart? SMA's/EMA's and bollinger bands? What settings? Thanks in advance. Good scalp trades btw
  • #309,355
  • Apr 23, 2012 9:49am Apr 23, 2012 9:49am
Quoting TauTrader
Good day to you,

Careful - possible bear trap busy forming on 30 min.

Can go lower still - but just be careful.

Will rise again short term

Regards

mr T where u think this is heading medium to longer term?

this market is seriously tough..lol
  • #309,356
  • Apr 23, 2012 9:57am Apr 23, 2012 9:57am
clearly some demand round those 3 x fibs and top of the previous minor 4hr/1hr swing hi zone (one fib shown on 4 hr below but a 3 fib cluster 6081-78) 4hr in a classic opa uptrend still ..only 54% of 20 day atr covered so far today by price.

G/L
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  • #309,357
  • Apr 23, 2012 10:07am Apr 23, 2012 10:07am
Quoting cytek
Hi - what indicators are u using on your chart? SMA's/EMA's and bollinger bands? What settings? Thanks in advance. Good scalp trades btw
Good day to you,

I use various templates to trade from - market dependent.

TMA forms the core of the chart you saw. But it is a repainter. And they say you can not trade repainting indicators.... go figure. Also end pointed TMA and T3 on some.

Not ready to share, as these are not tested over all market conditions. Will see how it goes and may give back at a later stage.

Hope you understand

Regards
  • #309,358
  • Apr 23, 2012 10:26am Apr 23, 2012 10:26am
Quoting nAVIN2007
mr T where u think this is heading medium to longer term?

this market is seriously tough..lol
Good day to you, sir

You are asking a toughie...

But here goes.

Next 2 to 3 weeks - down. Your short term, medium term and mine varies considerably.

Daily is forming a leg down for me. ( just opinion), But we need a top to work from. So - in a broad perspective - we could see 1.6250 - but a leg down has to happen. Not sure where to pitch the top.

4hr tells me that 1.6150 to 1.6170 area could be interim high to drop from there. But we can go from current levels as well. But down is on the cards. Given.

Could only be a large retrace though.

I put it out there.

Trade well bro Nav
  • #309,359
  • Apr 23, 2012 10:34am Apr 23, 2012 10:34am
Quoting TauTrader
Good day to you, sir

You are asking a toughie...

But here goes.

Next 2 to 3 weeks - down. Your short term, medium term and mine varies considerably.

Daily is forming a leg down for me. ( just opinion), But we need a top to work from. So - in a broad perspective - we could see 1.6250 - but a leg down has to happen. Not sure where to pitch the top.

4hr tells me that 1.6150 to 1.6170 area could be interim high to drop from there. But we can go from current levels as well. But down is on the cards. Given.

Could only be a large retrace...
i kinda of agree but the weekly previous suggest perhaps a new high..the concern i have if it retrace monthly will be bearish..this could make me exit..this i think is a concern..movement this week to the upside may be explosive if the direction is up

thx man, u too brother!! trade safe
  • #309,360
  • Apr 23, 2012 11:01am Apr 23, 2012 11:01am
Quoting nAVIN2007
i kinda of agree but the weekly previous suggest perhaps a new high..the concern i have if it retrace monthly will be bearish..this could make me exit..this i think is a concern..movement this week to the upside may be explosive if the direction is up

thx man, u too brother!! trade safe
Good day to you,

Just something to make you smile...

I have to admire your staying power... be safe too!

Regards
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