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Cable Update (GBPUSD)

  • #311,541
  • May 4, 2012 8:32am May 4, 2012 8:32am
Quoting bguguen
sigh....
pains me so badly cuz i promised my mom that i'll look after her 4k usd deposit that pumped the balance up... now i will have to speed things up...
never try to speed up
If there was easy money lying around,no one would be forcing it into your
  • #311,542
  • May 4, 2012 8:33am May 4, 2012 8:33am
Quoting FXMindset
never try to speed up
i agree thats when things go boom
  • #311,543
  • May 4, 2012 8:35am May 4, 2012 8:35am
Quoting izzas
i have inform you guys since yesterday that the pound would not go down...the only way is up
from the look of things it's ain't going up either
  • #311,544
  • May 4, 2012 8:38am May 4, 2012 8:38am
Quoting bguguen
well it topped out at 2.0310, and dropped back below it now.... so yea dont quite understand what you mean by broken...
hi mate,

i think we did discussed regarding gbpnzd few weeks ago which we agreed that the price will go towards 2.050 if i no mistaken and i'm surprised you're not taken any action protecting your positions, and you added more positions to the losing positions, i can't understand on how your trading style..

sometime, i do add towards my losing positions but i will have stop just above resistance meaning that if it doesn't work, i'll have to accept that i will lose more.. but if it works out, i'll find nearest support to TP all the positions.

now that the cable is unable to have even 1 candle in 4h to closed below 6160, i think cable will move up from here and by comparing it with fiber, it seems that fiber has finished the retracement from the move up it made yesterday..

i think nav is right regarding you have to find an exit for your positions, sometime we have to beat a hash retreat.
  • #311,545
  • May 4, 2012 8:39am May 4, 2012 8:39am
Quoting PoundTrader
from the look of things it's ain't going up either
Expect early 1.62 -

Maybe 1.6210 to 1.6230. Then we aw crap.

Me fink

Regards
  • #311,546
  • May 4, 2012 8:40am May 4, 2012 8:40am
Quoting TauTrader
Expect early 1.62 -

Maybe 1.6210 to 1.6230. Then we aw crap.

Me fink

Regards
PM
The only way not to think about money is to have a great deal of it
  • #311,547
  • May 4, 2012 8:42am May 4, 2012 8:42am
Quoting A-speculator
hi mate,

i think we did discussed regarding gbpnzd few weeks ago which we agreed that the price will go towards 2.050 if i no mistaken and i'm surprised you're not taken any action protecting your positions, and you added more positions to the losing positions, i can't understand on how your trading style..

sometime, i do add towards my losing positions but i will have stop just above resistance meaning that if it doesn't work, i'll have to accept that i will lose more.. but if it works out, i'll find nearest support to TP all the positions.

now...
A Speculator... I havent added ANY POSITIONS on GBPNZD.... as i told you countless time 0.41 is the maximum lot and please do look at my statement when the last SELL position occured on GBPNZD!!!

Im not getting a round of applause but you dont really need to put salt on wounds dude....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #311,548
  • May 4, 2012 8:42am May 4, 2012 8:42am
Quoting FXMindset
never try to speed up
absolutely right...!!
try to speed up = raising risk
Never Give Up.....
  • #311,549
  • May 4, 2012 8:42am May 4, 2012 8:42am
Quoting TauTrader
Expect early 1.62 -

Maybe 1.6210 to 1.6230. Then we aw crap.

Me fink

Regards
WTF is ( Me fink ) me think?
  • #311,550
  • May 4, 2012 8:44am May 4, 2012 8:44am
just wait with patience, it will go up sooner or later, it just in the matter of time..
  • #311,551
  • May 4, 2012 8:47am May 4, 2012 8:47am
Im feeling envy with AUD/USD on how it reacts to NFP...
Trade what you see. Write what you feel
  • #311,552
  • May 4, 2012 8:47am May 4, 2012 8:47am
Quoting PoundTrader
from the look of things it's ain't going up either
But if it makes bguguen feel any better, GN is going up...


TT: Good day to you, good Sir. The wife suggested a return this year to Third Bridge campsite in Moremi... the last time we dined there - you know, Braai, bottle of wine and a candle - all those that managed to traverse the sand to get to the campsite had a little panic as with darkness came a large male lion on his way to, well, whatever.

You think trading can be nerve-wracking... try getting into the Landy with no light, and a loose arse!
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #311,553
  • May 4, 2012 8:49am May 4, 2012 8:49am
Quoting bguguen
A Speculator... I havent added ANY POSITIONS on GBPNZD.... as i told you countless time 0.41 is the maximum lot and please do look at my statement when the last SELL position occured on GBPNZD!!!

Im not getting a round of applause but you dont really need to put salt on wounds dude....
no, that's not what i mean, i try to understand on how you trade mate..

anyway, let's assume you cut your positions now, meaning that you have your initial margin back right? that's not bad at all right?

anyway, look on how kiwi is.. that's very bearish on kiwi.. you have very dangerous position there mate..

think like this.. if you get your initial margin back it doesn't mean you're loss, it's just that you have to start over.. what's wrong with that mate?
  • #311,554
  • May 4, 2012 8:50am May 4, 2012 8:50am
Quoting PoundTrader
no, she left me last week, she was a gold digger, she wanted me to buy her another mercedes benz, any way back to business http://www.easyfreesmileys.com/smile...mileys-947.gif
Well, if you can afford it, it still looks like fun
http://t3.gstatic.com/images?q=tbn:A...hjmjqx4vm2q8bS
Sorry to hear bro, back to business indeed.
Come with me if you want to live....
  • #311,555
  • May 4, 2012 8:50am May 4, 2012 8:50am
Quoting e_piz
Im feeling envy with AUD/USD on how it reacts to NFP...
Was thinking the same thing; still fallout from cash rate.
  • #311,556
  • May 4, 2012 8:52am May 4, 2012 8:52am
Haw accurate can one man be??

BREAK !! come on lol

disclaimer subject close

Catch yous laters


Quoting Bones
Crunch time
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #311,557
  • May 4, 2012 8:53am May 4, 2012 8:53am
Quoting Bones
Haw accurate can one man be??

BREAK !! come on lol

disclaimer subject close

Catch yous laters
Dead on!
News did nothing... EUR trying to climb.
  • #311,558
  • May 4, 2012 8:56am May 4, 2012 8:56am
Quoting TauTrader
Good day to you,


Ok - just kidding. Got no idea - just wanted to stir a bit..

We could move higher - but I do battle to see beyond the area you initially entered your trade.

How do you determine your entry?

It's not important - just extremely curious. honestly.

Wish you all success

Regards
The only way not to think about money is to have a great deal of it
  • #311,559
  • May 4, 2012 9:00am May 4, 2012 9:00am
on daily basis, candy is completing its bear flag..

imho, cable movement is confine in the range of 6160-6200 as long as the move in candy is still in progress. once candy completed its breakout retest pattern/bear flag on daily then only i think we will have move up on cable.. imho.
  • #311,560
  • May 4, 2012 9:10am May 4, 2012 9:10am
Quoting PoundTrader
WTF is ( Me fink ) me think?
good day to you,

Sorry - went out shopping for a BBQ tonight. Nav knows the story...

Yes, Me Fink = me think. Just like WTF = Welcome to Facebook..

Hehe

Regards
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