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Cable Update (GBPUSD)

  • #319,481
  • Jul 24, 2012 7:03am Jul 24, 2012 7:03am
partially closed my positon @5529.

stop loss of main one is now almost a BEp
90% of traders use TA, indicators and prediction
  • #319,482
  • Jul 24, 2012 7:07am Jul 24, 2012 7:07am
Quoting _BBKing_
partially closed my positon @5529.

stop loss of main one is now almost a BEp

ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

the move is just starting!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I don't trust any move - when you have profit...take it.
  • #319,483
  • Jul 24, 2012 7:07am Jul 24, 2012 7:07am
Quoting Tsar
Target HIT

Watch PA first...
I play SCALP and SHORT Plan in TRADE... Never LONG Plan again...

Today, is SHOW TIME ! from me
This my trade in Cable Update (GBPUSD) (there is the Second) after One years ago (when I learn PA in 3 Days in this Thread)
Always looking the GREAT, never left GOOD Point...
  • #319,484
  • Jul 24, 2012 7:10am Jul 24, 2012 7:10am
Quoting Faller
hmmmmm - everyone is bearish bearish bearish........where is Flatfish? Would like to knnow what he has to say about all this bearish talk -

Time to be contrarian?


As posted earlier.............
I don't trust any move - when you have profit...take it.
  • #319,485
  • Jul 24, 2012 7:12am Jul 24, 2012 7:12am
thought I'd stop by and say hello. Summer here and price is in its usual doldrum stage very slow movement in small ranges so no point in trying to forcast anything longterm. Retailers positions have been very light, with retailers flipping between slightly bullish on cable to turning slightly bearish. The swings from 45% bullish to 56% bullish have resulted in the current 1.55 -1.57 range of the last few weeks. Much more interesting have been eur/jpy and gbp/eur which had remained at over 70% net long euro during the entire downmove as retailers insisted on buying the dip and now looks like the retailer is deciding to try selling the bounces, but jpy reversals are not the easiest to trade as prices move damn fast into a brick wall.
Lot of noise in this forum lately so too much of a distraction from trading especially when markets are choppy. I currently have a scalp on a long for cable but would prefer to short from higher up. But market slow this week so put my stops at b/e and see what I can get.
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  • #319,486
  • Jul 24, 2012 7:12am Jul 24, 2012 7:12am
I'm waiting BREAK or Not in Price 1.5539
Because in there Strong Resistance.
Always looking the GREAT, never left GOOD Point...
  • #319,487
  • Jul 24, 2012 7:15am Jul 24, 2012 7:15am
Quoting Faller
ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

the move is just starting!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
yes i know!
recently i'm used to clone trades, then cut partial profits and leave stop loss of main one at the original point.
so.... i got 20 pips profits of one position.
stop loss of main one is 60pips.
but now is just like it is 40 pips.
i will repeat the thing more and more, until the position will be locked.
then will let it run and look other pairs.

in few words is just this
90% of traders use TA, indicators and prediction
  • #319,488
  • Jul 24, 2012 7:16am Jul 24, 2012 7:16am
Quoting Faller
There were no charts or analysis here......just a comment. anyone that followed this post has lost money - http://www.forexfactory.com/showthre...40#post5870140

not that we don't all lose money or make bad calls - I just don't understand what Tsar is saying.........maybe I r dumb?
is there any sell signal there ? guess not ,just levels to watch...so who lost money ? and why ? the only ''signal''there is a buy one @ 1.5407-04 with future confirmation if any.

not that I see any other traders charts here lately..I mostly see just booked profits.

I'm gonna make it clear(I thought I was clear enough anyway) again

I do not sell signals nor manage accounts nor predict the future.I'm only here to pass back what I learned on the same forum on a diff thread that is long gone now.

If any newbie is interested I am more than open to share what I know and try to help understand the markets as much as I can(I was a lost newbie some time ago)

I try to post charts before the move,in the middle and completed just for the newbies to understand how and what I see.All I see are patterns that we all see wether it is trendline break or ichi or gartley.

I never asked anybody to follow but to use their head and think twice before an entry....afterall FF is a place to learn not to follow.

I am not 14 or 19 years of age nor pose for a guru or a richman with any of my trades.

at least some bright newbies are posting charts here coz the overvouched ones seem to forget how to do it.

p.s. for newbies only

do not follow any 10V trader here.most of them were here since the forum was created,most vouched them in group ''I vouch you ,you vouch me'' and incredibly some of them even own investment funds even if they have no clue how to trade..belive me on this,I had no V's and I still coached one.

Do not belive any offer any V guy is making you as it is not real.If any offers you any money to manage account or sell signals....better think twice.If they would be that smart why would they need a second hand? can't they do it on their own ?

I don't even know why I have the V's.

anyway,there are good traders here as well and you can learn from them.just open your eyes and ears and take some time to listen.

cheers,heading for a dive now
  • #319,489
  • Jul 24, 2012 7:18am Jul 24, 2012 7:18am
eurgbp selling brought gbpusd here i think.
  • #319,490
  • Jul 24, 2012 7:25am Jul 24, 2012 7:25am
Quoting redbeben
is there any sell signal there ? guess not ,just levels to watch...so who lost money ? and why ? the only ''signal''there is a buy one @ 1.5407-04 with future confirmation if any.

not that I see any other traders charts here lately..I mostly see just booked profits.

I'm gonna make it clear(I thought I was clear enough anyway) again

I do not sell signals nor manage accounts nor predict the future.I'm only here to pass back what I learned on the same forum on a diff thread that is long gone now.

If any newbie is interested I am more than open...
don't make me call you angry bird.........
I don't trust any move - when you have profit...take it.
  • #319,491
  • Jul 24, 2012 7:27am Jul 24, 2012 7:27am
Quoting redbeben
is there any sell signal there ? guess not ,just levels to watch...so who lost money ? and why ? the only ''signal''there is a buy one @ 1.5407-04 with future confirmation if any.

not that I see any other traders charts here lately..I mostly see just booked profits.

I'm gonna make it clear(I thought I was clear enough anyway) again

I do not sell signals nor manage accounts nor predict the future.I'm only here to pass back what I learned on the same forum on a diff thread that is long gone now.

If any newbie is interested I am more than open...

not to be rude.....but if you are a scalper as you mentioned earlier......you should have lots of buy and sell signals......your 100 pip wait for a buy or a sell signal is not that of a scalper.........

just my thoughts.....don't get angry.......just reading what you post.

Cheers,

Faller.
I don't trust any move - when you have profit...take it.
  • #319,492
  • Jul 24, 2012 7:37am Jul 24, 2012 7:37am
Quoting _BBKing_
yes since they born based in fibo calculation.
of course... m1 chart is for quick pips.
sometimes good for entries but require you to know the whole picture.
Thanks for such logical answer. I got it.
  • #319,493
  • Jul 24, 2012 7:40am Jul 24, 2012 7:40am
i closed my longs at 1.5535 for just + 6-10 pips .....it is enough after several time failed to break this level.....wait better position...but i prefer to sell from higher place.....
  • #319,494
  • Jul 24, 2012 7:41am Jul 24, 2012 7:41am
EUR/USD oversold on daily chart , it should take upward correction. GBP is already proved to be stronger than EUR so it may rise.
But all f#ck#n economical datas are negative.
I'm long in G/U with tp = 5541 . I hope i will get this atleast 15 pips in this trade .
  • #319,495
  • Jul 24, 2012 7:42am Jul 24, 2012 7:42am
Quoting redbeben
is there any sell signal there ? guess not ,just levels to watch...so who lost money ? and why ? the only ''signal''there is a buy one @ 1.5407-04 with future confirmation if any.

not that I see any other traders charts here lately..I mostly see just booked profits.

I'm gonna make it clear(I thought I was clear enough anyway) again

I do not sell signals nor manage accounts nor predict the future.I'm only here to pass back what I learned on the same forum on a diff thread that is long gone now.

If any newbie is interested I am more than open...
Is there a reason why the blue line on your chart often shows important support resistance?
  • #319,496
  • Jul 24, 2012 7:47am Jul 24, 2012 7:47am
all done -

took profit -

looking for something else now.

Cheers,

Faller.
I don't trust any move - when you have profit...take it.
  • #319,497
  • Jul 24, 2012 7:50am Jul 24, 2012 7:50am
Quoting redbeben
PT,you're aliiiiiiive

well I just want 1.5374 and then buy.but,to be honest I would not mind to see 1.5600 first so I can short some more

I know I know the greed is gonna kill me one day

p.s. 1.5511 was an entry point I was looking forward to see but cannot trade now as I am already stuck in a longer term stubborned 1.5715 sell....why double the risk when I already have it double on EU
im not dead yet but if i keep trading forex you never know
  • #319,498
  • Jul 24, 2012 7:52am Jul 24, 2012 7:52am
Uf hard shit. UH volume 8h...hammer.
Cable will go at least to 1.5585/95
  • #319,499
  • Jul 24, 2012 7:54am Jul 24, 2012 7:54am
Quoting redbeben
is there any sell signal there ? guess not ,just levels to watch...so who lost money ? and why ? the only ''signal''there is a buy one @ 1.5407-04 with future confirmation if any.

not that I see any other traders charts here lately..I mostly see just booked profits.

I'm gonna make it clear(I thought I was clear enough anyway) again

I do not sell signals nor manage accounts nor predict the future.I'm only here to pass back what I learned on the same forum on a diff thread that is long gone now.

If any newbie is interested I am more than open...
Which time frame mostly do you use
Ichimoku on ?
  • #319,500
  • Jul 24, 2012 7:54am Jul 24, 2012 7:54am
Waiting Next H4 Candle... about 7m
Found BULLISH Hammer signal in there :nerd:
Always looking the GREAT, never left GOOD Point...
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