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Cable Update (GBPUSD)

  • #322,021
  • Aug 21, 2012 3:16am Aug 21, 2012 3:16am
Quoting PoundTrader
change plans, im short at 1.5738 and 1.5755, http://www.easyfreesmileys.com/smileys/lol-058.gif no stop loss, t/p 1.5646
i been profitable since 2005 and this week it all comes to an end, my time is up http://www.easyfreesmileys.com/smile...mileys-570.gif
  • #322,022
  • Aug 21, 2012 3:19am Aug 21, 2012 3:19am
Quoting Jack_Island
I see lots of peeps doesn't follow the trend when trade. Why everyone goes short when trend is up... So don't understand... ;-)
human nature bro..human nature
perhaps it seems to easy..what kills me is how we all look at the same thing, but have so many different views ..perhaps everything is defined from the edge we use..and this is generally the variable
  • #322,023
  • Aug 21, 2012 3:20am Aug 21, 2012 3:20am
Quoting PoundTrader
i been profitable since 2005 and this week it all comes to an end, my time is up http://www.easyfreesmileys.com/smile...mileys-570.gif
rest yur mouth
this is what im waiting for monthly doji to fail
  • #322,024
  • Aug 21, 2012 3:21am Aug 21, 2012 3:21am
Quoting PoundTrader
i been profitable since 2005 and this week it all comes to an end, my time is up http://www.easyfreesmileys.com/smile...mileys-570.gif


Don't worry bro, we in a BS market.
You'll get to rape it again soon, believe me
Come with me if you want to live....
  • #322,025
  • Aug 21, 2012 3:22am Aug 21, 2012 3:22am
Do these guys look at the charts before spouting off

off course, they may be right, its only a spike...right?


Quotes from Societe Generale Cross Asset Research:

-Sterling may also face choppy trading today, with the release of the PSNBR and CBI industrial surveys. The latter is likely to reflect weaker orders and output expectations, which would fuel the bearish trend on cable: the next support stands at 1.5623 (30D MA).
  • #322,026
  • Aug 21, 2012 3:23am Aug 21, 2012 3:23am
Quoting nAVIN2007
euro is shooting and likely to go higher its broken out already
it should make HH to by broken

its still not broken
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  • #322,027
  • Aug 21, 2012 3:25am Aug 21, 2012 3:25am
Quoting nAVIN2007
thanks god u see it like this..yes swing trading is easier if u look at a large time aspect because it appear less information to take in..and cuts out noise..im always there for u..u know this!
Thx Brotha, I know, you here for all us newbies

Cuts out the choppy noise, higher timeframe, end of daily candle trading only for me from here on in but seeing if can be always in a trade. I think it can be done.
I will see...

Dinner time, see you bro
Come with me if you want to live....
  • #322,028
  • Aug 21, 2012 3:27am Aug 21, 2012 3:27am
Quoting gavalar
Do these guys look at the charts before spouting off

off course, they may be right, its only a spike...right?


Quotes from Societe Generale Cross Asset Research:

-Sterling may also face choppy trading today, with the release of the PSNBR and CBI industrial surveys. The latter is likely to reflect weaker orders and output expectations, which would fuel the bearish trend on cable: the next support stands at 1.5623 (30D MA).
look like we have a pro in here, can you help me please http://www.pic4ever.com/images/funny.gif
  • #322,029
  • Aug 21, 2012 3:29am Aug 21, 2012 3:29am
Quoting nAVIN2007
rest yur mouth
this is what im waiting for monthly doji to fail
the market is gonna give it to you, lets get your money back http://www.pic4ever.com/images/shake2.gif
  • #322,030
  • Aug 21, 2012 3:30am Aug 21, 2012 3:30am
Quoting PoundTrader
look like we have a pro in here, can you help me please http://www.pic4ever.com/images/funny.gif
you dont need help PT, well not with your trading anyway
  • #322,031
  • Aug 21, 2012 3:31am Aug 21, 2012 3:31am
Quoting Jack_Island
I see lots of peeps doesn't follow the trend when trade. Why everyone goes short when trend is up... So don't understand... ;-)
you can clearly say that trend up on daily
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  • #322,032
  • Aug 21, 2012 3:33am Aug 21, 2012 3:33am
Quoting gavalar
you dont need help PT, well not with your trading anyway
by the way, that was a dig at the banks and the way they forecast...nothing more than that
  • #322,033
  • Aug 21, 2012 3:36am Aug 21, 2012 3:36am
Quoting PoundTrader
the market is gonna give it to you, lets get your money back http://www.pic4ever.com/images/shake2.gif
Attached Image
  • #322,034
  • Aug 21, 2012 3:38am Aug 21, 2012 3:38am
so was the news positive or negative?
It looks uncertain now
In trading, you have to be defensive and aggressive at the same time
  • #322,035
  • Aug 21, 2012 3:43am Aug 21, 2012 3:43am
Quoting PoundTrader
bro im just having fun nothing more, if you know me in here then you would know i come here to BS around http://www.pic4ever.com/images/63izs7n.gif
i know buddy, read a lot of your threads
  • #322,036
  • Aug 21, 2012 3:45am Aug 21, 2012 3:45am
GU sell
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  • #322,037
  • Aug 21, 2012 3:47am Aug 21, 2012 3:47am
News from AUD came and pound is getting stronger. Trying to break through key resistance. Can be false break though. Very important news coming tomorrow, so I do not expect real break yet.
  • #322,038
  • Aug 21, 2012 3:52am Aug 21, 2012 3:52am
Quoting PoundTrader
change plans, im short at 1.5738 and 1.5755, http://www.easyfreesmileys.com/smileys/lol-058.gif no stop loss, t/p 1.5646
Ok boys im going all in, im short at 1.5738, 1.5755 and 1.5777, s/l 1.5900, t/p 1.5646.
  • #322,039
  • Aug 21, 2012 3:53am Aug 21, 2012 3:53am
Quoting PoundTrader
do anybody think cable will be around 1.5650 on wensday
I think yes, this is what are saying the UBS traders
UBS INVESTMENT BANK TRADERS SENTIMENT ►


EURUSD found no new direction in the Asia session. EURAUD was sold after the RBA minutes, but flows were otherwise muted. Spot should remain rangebound; we prefer to buy at 1.2300 with a stop at 1.2260, for 1.2400.

USDCHF traded slightly lower in Asia as AUDUSD was bid. Play a 0.9680-0.9770 range with stops at 25 pips on either side.

Cable was bid on the back of AUD buying after the RBA minutes. Go short at 1.5730-40 with a stop above 1.5750, for 1.5670.

EURGBP: Play a 0.7840-0.7880 range with a preference to buy on dips with a stop below 0.7810.

USDJPY: Buy on dips to 79.00-20 with a stop below 78.80, for 80.00.

EURJPY: Buy on dips to 97.70-90 with a stop below 97.60, for 98.80.
  • #322,040
  • Aug 21, 2012 3:56am Aug 21, 2012 3:56am
Quoting PoundTrader
Ok boys im going all in, im short at 1.5738, 1.5755 and 1.5777, s/l 1.5900, t/p 1.5646.
this is it navin i want out, this could be the trade that send me packing and on to my new business of exporting
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