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Cable Update (GBPUSD)

  • #314,921
  • May 28, 2012 6:03pm May 28, 2012 6:03pm
Quoting Faller
were you talking to nAVIN -

I say in fun - I mean no harm......sorry in advance.

Faller.
  • #314,922
  • May 28, 2012 6:06pm May 28, 2012 6:06pm
Quoting Bones
Its a gamble ,he will loose and sweat for weeks ,tell him i said no
at $10 per pip he will lose $10,000 or 10% of his account, the guy makes his money trading future''s silver, gold, copper, orange juice, oil. he just had an extra 100k so hes giving it a try, if it don't work out for him oh well no harm no foul when your worth a few mill
  • #314,923
  • May 28, 2012 6:17pm May 28, 2012 6:17pm
Quoting PoundTrader
just got off the phone with one of my old friends, he told me he is long from 1.6330, he told me he has a s/l of 1,000 pips and a t/p of 1,000 pips. http://www.pic4ever.com/images/tnp.gif
1.53 can happen and very near from here.
but i would not exclude to see again 1.63 anytime soon.
certainly a SL of 1000pips require balls, not only money.
90% of traders use TA, indicators and prediction
  • #314,924
  • May 28, 2012 6:23pm May 28, 2012 6:23pm
what about oil price?
Attached Image (click to enlarge)
Click to Enlarge Name: 100_100_e9b7bec1853716bb453d67c0fe89cabc_middle_70b.jpg Size: 49 KB
90% of traders use TA, indicators and prediction
  • #314,925
  • May 28, 2012 6:25pm May 28, 2012 6:25pm
LONG
SL: 1.5600
TP: [1.5896;1.59900]

Reasons:
61.8% FIBO
Red Candles but with small body
STO < 20 and RSI < 30
Support zone
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 35 KB
  • #314,926
  • May 28, 2012 6:30pm May 28, 2012 6:30pm
Quoting trillion
LONG
SL: 1.5600
TP: [1.5896;1.59900]

Reasons:
61.8% FIBO
Red Candles but with small body
STO < 20 and RSI < 30
Support zone
i'm looking for a similar trade.
also was long 5645 but closed.
my problem is just with that 1.5600. still untouched.
good luck
90% of traders use TA, indicators and prediction
  • #314,927
  • May 28, 2012 6:54pm May 28, 2012 6:54pm
This is what I am waiting for....we are almost there........fyi.
Attached Image (click to enlarge)
Click to Enlarge Name: Sunday Gap.jpg Size: 149 KB
I don't trust any move - when you have profit...take it.
  • #314,928
  • May 28, 2012 7:03pm May 28, 2012 7:03pm
I am going to try and be a little more active in this thread this week. I have had a couple of chats with BBKing lately - We both would like to see this thread stay on target and away from any kind of bashing against other traders. This business is hard enough without having fellow traders bash each other.

I will maintain what I have said in the past.....to avoid any kind of confusion - when we post our views we should indicate what kind of trader we are....scalper, swing etc.....that when we say long at this level or short at this level we all will understand what time frame you have in mind.

Many times I have posted that I am an intra day trader and 95% of the time I close all positions by the end of the trading day.

Anyway....enough said - watching the gap get filled here.....will post charts as I see fit.

Falller.
I don't trust any move - when you have profit...take it.
  • #314,929
  • May 28, 2012 7:03pm May 28, 2012 7:03pm
lol ok ,well I bet hes long gold


Quoting PoundTrader
at $10 per pip he will lose $10,000 or 10% of his account, the guy makes his money trading future''s silver, gold, copper, orange juice, oil. he just had an extra 100k so hes giving it a try, if it don't work out for him oh well no harm no foul when your worth a few mill
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,930
  • May 28, 2012 7:09pm May 28, 2012 7:09pm
and ??


Quoting Faller
This is what I am waiting for....we are almost there........fyi.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,931
  • May 28, 2012 7:10pm May 28, 2012 7:10pm
Quoting Faller
This is what I am waiting for....we are almost there........fyi.
it's also yesterday's DP
was targeting there my shorts but i closed 5680 end of the day.

now waiting to see something good in charts
90% of traders use TA, indicators and prediction
  • #314,932
  • May 28, 2012 7:10pm May 28, 2012 7:10pm
now BB your software

Has it caught up with bones??




Quoting _BBKing_
i'm looking for a similar trade.
also was long 5645 but closed.
my problem is just with that 1.5600. still untouched.
good luck
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,933
  • May 28, 2012 7:11pm May 28, 2012 7:11pm
Quoting Faller
I am going to try and be a little more active in this thread this week. I have had a couple of chats with BBKing lately - We both would like to see this thread stay on target and away from any kind of bashing against other traders. This business is hard enough without having fellow traders bash each other.

I will maintain what I have said in the past.....to avoid any kind of confusion - when we post our views we should indicate what kind of trader we are....scalper, swing etc.....that when we say long at this level or short at this level we all...
90% of traders use TA, indicators and prediction
  • #314,934
  • May 28, 2012 7:16pm May 28, 2012 7:16pm
Quoting Bones
now BB your software

Has it caught up with bones??
ehehhe
personally... the more price goes down, the more i will look to buy
actually i'm not completely satisfied with some things to line up.
looks like short presssure decreased a bit after some taking profits.
problem is that also no strong demand.
at least not yet.

that's why i think price can move a bit more down.

all this said, lol, now price tank 400 pips straight!
jokes a part, crazy level 1.55-1.56. imo positioning here is really not easy.
90% of traders use TA, indicators and prediction
  • #314,935
  • May 28, 2012 7:18pm May 28, 2012 7:18pm
Quoting Bones
and ??

I will not respond to your post other then what I said in the first post.

I was waiting for the gap to fill.....

Then in my second post I said that I will post charts as I see fit.


Faller
I don't trust any move - when you have profit...take it.
  • #314,936
  • May 28, 2012 7:20pm May 28, 2012 7:20pm
right im not being rude

I wait for buy signal

let me know when the times right

Bones
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 29-5-12 1.gif Size: 25 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,937
  • May 28, 2012 7:22pm May 28, 2012 7:22pm
time to sleep here.
good luck you all

90% of traders use TA, indicators and prediction
  • #314,938
  • May 28, 2012 7:22pm May 28, 2012 7:22pm
lol ,only playing bb

Really I think now you can see V bearish move

Ok H4 close under ,done deal ok ?


Quoting _BBKing_
ehehhe
personally... the more price goes down, the more i will look to buy
actually i'm not completely satisfied with some things to line up.
looks like short presssure decreased a bit after some taking profits.
problem is that also no strong demand.
at least not yet.

that's why i think price can move a bit more down.

all this said, lol, now price tank 400 pips straight!
jokes a part, crazy level 1.55-1.56. imo positioning here is really not easy.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,939
  • May 28, 2012 7:24pm May 28, 2012 7:24pm
also
Attached Image (click to enlarge)
Click to Enlarge Name: aud usd h4 29-5-12 1.gif Size: 12 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,940
  • May 28, 2012 7:27pm May 28, 2012 7:27pm
A chart for you Bones...

60 min

green line is important

so are the candle sticks around the area

so are some basic indicators

I am an intra day trader - so 30 pips is a nice move for me........
Attached Image (click to enlarge)
Click to Enlarge Name: For Bones.jpg Size: 199 KB
I don't trust any move - when you have profit...take it.
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