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Cable Update (GBPUSD)

  • #312,721
  • May 11, 2012 6:35am May 11, 2012 6:35am
Quoting nAVIN2007
usd has been rising very good..but cable is holding its ground..

you are giving away magically tid bits.......shhhhhhhh
I don't trust any move - when you have profit...take it.
  • #312,722
  • May 11, 2012 6:37am May 11, 2012 6:37am
Quoting e_piz
2 candle down..1 candle up...3 candle down..3 candle up... this is boring... looking for other pair to trade..
you have to make sure you have studied other pairs if you want to trade the other pairs.. don't just trade other pairs because you feel boring trading cable..

just a friendly reminder..
  • #312,723
  • May 11, 2012 6:41am May 11, 2012 6:41am
Quoting A-speculator
yeah, perhaps by us open, cable might get up to about 6200 then back down then ding dong ding dong for i don't know how long..

such a pain in the a$$.. lol.. better look into other pairs imho.
LOL... If this pair did reach 6200, I'll close all my LONGs. I have been watching this guy for like 12 hours or so and he barely moved...
  • #312,724
  • May 11, 2012 6:42am May 11, 2012 6:42am
Quoting A-speculator
you have to make sure you have studied other pairs if you want to trade the other pairs.. don't just trade other pairs because you feel boring trading cable..

just a friendly reminder..
baik tuan..

i trade e/j / au / eu too..
because all these pair have been bear like no body business.. so i have missed the train.. the only train that is available is this one.. lets wait and see,

if during US open is still doing the same stuff..im out till next week.
Trade what you see. Write what you feel
  • #312,725
  • May 11, 2012 6:44am May 11, 2012 6:44am
Quoting A-speculator
you have to make sure you have studied other pairs if you want to trade the other pairs.. don't just trade other pairs because you feel boring trading cable..

just a friendly reminder..

  • #312,726
  • May 11, 2012 6:56am May 11, 2012 6:56am
Ok....I am off - keep the buying pressure up.

Have a good trading day to everyone and a good weekend....not sure I will be back today -

Faller.
I don't trust any move - when you have profit...take it.
  • #312,727
  • May 11, 2012 7:05am May 11, 2012 7:05am
nice to see 4H TF bullish candle after waiting long time today, let see the price it will be closed.....
Attached Image
  • #312,728
  • May 11, 2012 7:15am May 11, 2012 7:15am
Ok I have taken a number of scalps over the course of this week amounting to just over 200 pips in total.

Not trusting the Friday action now so going to just watch until Monday now.

The only time I may book an entry is a short at 1.6215 but I don't believe it has a hope of getting there.

Good luck to all.
  • #312,729
  • May 11, 2012 7:16am May 11, 2012 7:16am
Quoting e_piz
baik tuan..

i trade e/j / au / eu too..
because all these pair have been bear like no body business.. so i have missed the train.. the only train that is available is this one.. lets wait and see,

if during US open is still doing the same stuff..im out till next week.
ahahaha.. kira ok la nie.. klu dah trade jpy pny pair kira dah expert la..

all the best mate.
  • #312,730
  • May 11, 2012 7:39am May 11, 2012 7:39am
Fcuk! Look at ucad!

I managed to scalp few bear pips only!!! Damn!!!
I trade to live
  • #312,731
  • May 11, 2012 7:41am May 11, 2012 7:41am
Quoting UbuFamily
Fcuk! Look at ucad!

I managed to scalp few bear pips only!!! Damn!!!
that's what i call trading.. i got 50 pip only on ucad.. cukup la..
  • #312,732
  • May 11, 2012 7:43am May 11, 2012 7:43am
at last i can see a move > 20 pip per candle.. order filled at 1.61.. SL place at breakeven (in case this is another whipsaw).. tp 1.6

Now lets go get some dinner and see what happen in few hours..
Trade what you see. Write what you feel
  • #312,733
  • May 11, 2012 7:44am May 11, 2012 7:44am
Quoting nAVIN2007
bguguen this is just a general question:-

how reliable is yur system in terms of % success and drawdown

cause i aint being funny but id expect it to be good in a choppy market which is completely range bound, in a rally yur finished..

every system i think performs well in a range bound markets..i guess what i am saying is yur system is junk because it puts u in a position where if the market rally yur done..cooked!!

I hope u evaluate yur system b4 its to late
my system is developed fine, as long as the rally has a retracement GBPNZD did retrace, unfortunately it missed the retracement by 10 pips before the shot up reason why i suffered....

But look mate... GBPCAD... what did i say?? all of a sudden im safe...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #312,734
  • May 11, 2012 7:46am May 11, 2012 7:46am
Quoting UbuFamily
Fcuk! Look at ucad!

I managed to scalp few bear pips only!!! Damn!!!
Look at GBPCAD... and people were yelling at me for shorting that fucker...

all of a sudden im a genius... TP on GBPCAD 1.6111 achieved.... i rest my case that my system is great... Only reason why i lost big time was because it missed the TP on GBPNZD by 10 pips before the shot up....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #312,735
  • May 11, 2012 7:48am May 11, 2012 7:48am
expect going back up soon ..
  • #312,736
  • May 11, 2012 7:49am May 11, 2012 7:49am
Where is GBPUSD headed next??
Well GBPUSD is fundamentally OVERVALUED.... the big boys they know they are gona screw the UK economy up with such a high Pound when Olympics are coming, yes tourists will be spending but not as much as if GBP was cheaper....
At this speed, when Red line cross the blue line, we are headed for the consolidation zone at 5850 in the Daily chart...
Right now we may be seeing a bit of support by that blueline on the daily but if we close daily around that blue line, you'd best not hope it opens lower on monday
Bulls better watch your ass... i did say around tuesday to look for Short on Pullback....

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdd1.11052012.1347.gif Size: 19 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #312,737
  • May 11, 2012 7:50am May 11, 2012 7:50am
Quoting A-speculator
as long as you're in green, everything will be fine..

have a nice weekend mate..
yeah boy. good luck for thos that are long from 1.7000
  • #312,738
  • May 11, 2012 7:50am May 11, 2012 7:50am
sometimes when news comes out we all get lucky......sometimes.......that is not a system.


Ok.....final post today - taking the Volvo for service.

Over and Out.....

Faller.
I don't trust any move - when you have profit...take it.
  • #312,739
  • May 11, 2012 7:51am May 11, 2012 7:51am
Quoting Avir
There is a nice Ascending channel i see on my daily chart,with the help of some news we may see the 1.6000 today? I been under water for few weeks now so i am hoping for it to go down so Pls dont take my word for it!
Me likes the free fall! http://www.forexfactory.com/images/icons/icon10.gif
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #312,740
  • May 11, 2012 7:55am May 11, 2012 7:55am
Quoting Faller
sometimes when news comes out we all get lucky......sometimes.......that is not a system.


Ok.....final post today - taking the Volvo for service.

Over and Out.....

Faller.

Ok really last post today...


If news was bad out of Canada - I would like to see if people would be saying that they were genius......taking a gamble is taking a gamble.....trading is also trading........to all new traders sift through the posts here.....there are some good some bad and some ugly......and then there are some that are actually brilliant.

Trade safe....trade well.....

Faller.
I don't trust any move - when you have profit...take it.
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