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Cable Update (GBPUSD)

  • #312,581
  • May 10, 2012 2:07pm May 10, 2012 2:07pm
Quoting A-speculator
there's nothing to do mate, definitely uptrend since i mentioned yesterday, aussie and kiwi completing it's 261 run, right now the move has been completed and perhaps we might have already a low.

cable on the other hand, definitely uptrend, if i'm looking for entry, i would long at about 6115 price level. meaning that, there's nothing to do atm.. ahahahaha

ok I will make pips while you wait! All said in good humor......

and then I will make pips with you when you are not waiting....

Faller.
I don't trust any move - when you have profit...take it.
  • #312,582
  • May 10, 2012 2:09pm May 10, 2012 2:09pm
Quoting A-speculator

everytime you average down, you doubled your risk on the losing position..
Or increase your chances of BE ?
.
  • #312,583
  • May 10, 2012 2:10pm May 10, 2012 2:10pm
Quoting Faller
ok I will make pips while you wait! All said in good humor......

and then I will make pips with you when you are not waiting....

Faller.
alright man.. i like your humbleness and sense of humor..

this will be my last post, going back watching movies..

later mate..
  • #312,584
  • May 10, 2012 2:10pm May 10, 2012 2:10pm
Quoting PoundTrader
please somebody help me, should i buy or sell now, thanks
Hedge bro, hedge or average down. Wait for the close of day, look at PA for clues. No one can trade for you bro but personally I would use a stop, seriously. As a noob, you need to be careful who you listen to and practice good money management. Never be afraid to take a loss so you can trade another day. I look forward to watching you develop as a trader mate. Take care.:
Come with me if you want to live....
  • #312,585
  • May 10, 2012 2:11pm May 10, 2012 2:11pm
Quoting A-speculator
alright man.. i like your humbleness and sense of humor..

this will be my last post, going back watching movies..

later mate..

enjoy your day...here it is blue skies and 18 degrees C - very nice spring day.
I don't trust any move - when you have profit...take it.
  • #312,586
  • May 10, 2012 2:17pm May 10, 2012 2:17pm
Quoting manniMe
There is nothing wrong in averaging the position as long as the account can sustain it... As you never know when it will turn.
What I am about to say has nothing to do with bguguens bot or his trading as I won't judge that. But on the face of it, your comment is very dangerous mate. Why is it dangerous? Because you are 100 percent right "YOU NEVER KNOW WHEN IT WILL TURN". Think about that statement for a bit!
Come with me if you want to live....
  • #312,587
  • May 10, 2012 2:19pm May 10, 2012 2:19pm
Quoting Ill-b-back
What I am about to say has nothing to do with bguguens bot or his trading as I won't judge that. But on the face of it, your comment is very dangerous mate. Why is it dangerous? Because you are 100 percent right "YOU NEVER KNOW WHEN IT WILL TURN". Think about that statement for a bit!

How are you doing mate?

Sunny skies where you are?
I don't trust any move - when you have profit...take it.
  • #312,588
  • May 10, 2012 2:22pm May 10, 2012 2:22pm
Quoting Faller
How are you doing mate?

Sunny skies where you are?
It's 521am bro, I wouldn't know
Come with me if you want to live....
  • #312,589
  • May 10, 2012 2:24pm May 10, 2012 2:24pm
Quoting Ill-b-back
It's 521am bro, I wouldn't know

you are like me 10 hours ago......he he he.....it is 3:30PM here.....

wow...how do you do it......trading hours......wow.
I don't trust any move - when you have profit...take it.
  • #312,590
  • May 10, 2012 2:24pm May 10, 2012 2:24pm
Quoting Faller
enjoy your day...here it is blue skies and 18 degrees C - very nice spring day.
last but not least, we might not get very down from here since we might just test the high of the consolidation candles..

but who knows right, since i have other pairs i need to take care off, i would not long cable at the high of the consolidation candles bcoz of the huge SL to be applied to the entry.

if it gets to the 38% at 6115, i will definitely look for an entry or else, i will just let it go..

that is all mate. have a nice day to you too..

chalozzz.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 34 KB
  • #312,591
  • May 10, 2012 2:32pm May 10, 2012 2:32pm
Quoting A-speculator
last but not least, we might not get very down from here since we might just test the high of the consolidation candles..

but who knows right, since i have other pairs i need to take care off, i would not long cable at the high of the consolidation candles bcoz of the huge SL to be applied to the entry.

if it gets to the 38% at 6115, i will definitely look for an entry or else, i will just let it go..

that is all mate. have a nice day to you too..

chalozzz.
All good and I do agree...nice chart.....a little hard to read....but I understand what you are saying.

As for me.....I mentioned a few posts ago.....watch your charts.......hint hint hint......hint hint hint....

Faller
I don't trust any move - when you have profit...take it.
  • #312,592
  • May 10, 2012 2:33pm May 10, 2012 2:33pm
dont forget about the single currency just yet and uk's exposure to it , with euro lingering on the cliff, recent spooky political turmoil and crude dropping like hell, i doubt we will see any sharp risk-on, least not untill uk inflation report next week. boe are concerned about rising price, but would ceasing QE fuel the growth? a pause mite be an option but ruling out further QE while gdp keeps shrinking? you tell me so before that, just sit back n relax, we have plenty of time to talk about that, meanwhile happy scalping
  • #312,593
  • May 10, 2012 2:33pm May 10, 2012 2:33pm
Quoting Faller
you are like me 10 hours ago......he he he.....it is 3:30PM here.....

wow...how do you do it......trading hours......wow.
Trading? I know nothing of such things, I just woke up. Some of us have to work for a living darn it
Come with me if you want to live....
  • #312,594
  • May 10, 2012 2:34pm May 10, 2012 2:34pm
Quoting A-speculator
last but not least, we might not get very down from here since we might just test the high of the consolidation candles..

but who knows right, since i have other pairs i need to take care off, i would not long cable at the high of the consolidation candles bcoz of the huge SL to be applied to the entry.

if it gets to the 38% at 6115, i will definitely look for an entry or else, i will just let it go..

that is all mate. have a nice day to you too..

chalozzz.

Here is a hint for you it starts with a US and ends in a DX

if it is where it is......then where should Cable be?
I don't trust any move - when you have profit...take it.
  • #312,595
  • May 10, 2012 2:35pm May 10, 2012 2:35pm
how do i place a trade, im using mt-4
  • #312,596
  • Edited 2:37pm May 10, 2012 2:37pm | Edited 2:37pm
Quoting PoundTrader
how do i place a trade, im using mt-4

lick you pinky finger and shuv it.....ahhh no that's not it.....ummmmmm

kick the dog and.......ahhh no that's not it....

grab the cat by the tail......dam no I don't think that is it.....

can anyone else help us out here?
I don't trust any move - when you have profit...take it.
  • #312,597
  • May 10, 2012 2:40pm May 10, 2012 2:40pm
Quoting PoundTrader
how do i place a trade, im using mt-4
You need to stick to demo mate. Try asking nAV, NO WAIT, ask someone else, nAVs probably forgotten how
Come with me if you want to live....
  • #312,598
  • May 10, 2012 2:40pm May 10, 2012 2:40pm
Quoting Faller
Here is a hint for you it starts with a US and ends in a DX

if it is where it is......then where should Cable be?
damn man.. i can't believe i'm still posting... ahahahaha

ok, DX seems finds resistance at about the 80 level, unless that resistance breaks, than cable will go down..

but, cable seems more better correlate with commodity rather than the DX, fiber fits better with DX. been said that, if the aussie and kiwi and loonie respect their s&r levels, i think cable will definitely go up..
  • #312,599
  • May 10, 2012 2:41pm May 10, 2012 2:41pm
Quoting Faller
lick you pinky finger and shuv it.....ahhh no that's not it.....ummmmmm

kick the dog and.......ahhh no that's not it....

grab the cat by the tail......dam no I don't think that is it.....

can anyone else help us out here?
Just ring ya #%^*ing broker
Come with me if you want to live....
  • #312,600
  • May 10, 2012 2:43pm May 10, 2012 2:43pm
Quoting Ill-b-back
You need to stick to demo mate. Try asking nAV, NO WAIT, ask someone else, nAVs probably forgotten how

Now that is funny!
I don't trust any move - when you have profit...take it.
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