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Cable Update (GBPUSD)

  • #322,601
  • Aug 24, 2012 3:15am Aug 24, 2012 3:15am
Quoting Ill-b-back
Yep, I agree, it can get away from us all quite quickly.
I've dropped my short hedges today, I pray we don't collapse today/next week
If it does, that will be my exit call from this madness called FOREX!!!
i wrote 1 big rule:
another month like july 2012, and i leave trading for a quarter.
90% of traders use TA, indicators and prediction
  • #322,602
  • Aug 24, 2012 3:16am Aug 24, 2012 3:16am
ignore all posters including me
Study your own charts and methods.Forums can be distracting.

My Chart is ALL RED! Trend power short
Attached Image (click to enlarge)
Click to Enlarge Name: cable2.gif Size: 23 KB
In trading, you have to be defensive and aggressive at the same time
  • #322,603
  • Aug 24, 2012 3:17am Aug 24, 2012 3:17am
Quoting nAVIN2007
well it aint looking good for me..i wont lie

tau making the market move
I wish...

We could go and meddle again above 1.5870.. but 1.5810 seems in range for now. But I am soo wrong at times ( proven just a few days ago). So - pinch of salt.

Regards
  • #322,604
  • Aug 24, 2012 3:23am Aug 24, 2012 3:23am
Quoting nAVIN2007
well it aint looking good for me..i wont lie

tau making the market move
Give it time bro. We simply have an untested support at 5780ish...lol

Then she'll climb
Ghost Rider - WWTBMD?
  • #322,605
  • Aug 24, 2012 3:28am Aug 24, 2012 3:28am
Gross domestic product in two minutes. Technical trading is a little dangerous now.
  • #322,606
  • Aug 24, 2012 3:29am Aug 24, 2012 3:29am
i'm aiming for 5820, + pips so far. lets see if she can break through that 5838 daily pivot.
  • #322,607
  • Aug 24, 2012 3:29am Aug 24, 2012 3:29am
Quoting nAVIN2007
well it aint looking good for me..i wont lie

tau making the market move
Are you being serious nAV???

You ride out a 1000 pip DD and you have doubts over a 20 odd pip move???
Come with me if you want to live....
  • #322,608
  • Aug 24, 2012 3:31am Aug 24, 2012 3:31am
Quoting Ill-b-back
Are you being serious nAV???

You ride out a 1000 pip DD and you have doubts over a 20 odd pip move???
EXACTLY! .....
Ghost Rider - WWTBMD?
  • #322,609
  • Aug 24, 2012 3:36am Aug 24, 2012 3:36am
Quoting Davit
ignore all posters including me
Study your own charts and methods.Forums can be distracting.

My Chart is ALL RED! Trend power short
Agreed, I will learn this one day soon I hope.

Dinner time...
Come with me if you want to live....
  • #322,610
  • Aug 24, 2012 3:48am Aug 24, 2012 3:48am
a hammer candle appears in m5 and i think another in m30 will appear, so it could be the end of bears.
  • #322,611
  • Aug 24, 2012 3:49am Aug 24, 2012 3:49am
Quoting Ill-b-back
Are you being serious nAV???

You ride out a 1000 pip DD and you have doubts over a 20 odd pip move???
how can i be serious come on people seriously..
u guys need to chill out..

any1 post a chart of dollar index monthly plz?
  • #322,612
  • Aug 24, 2012 3:55am Aug 24, 2012 3:55am
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #322,613
  • Aug 24, 2012 3:59am Aug 24, 2012 3:59am
Quoting Zircon
when i said it isnt looking good..i meant in terms of the dailly yesterday bear candle..i was rather hoping it wasnt going to trigger..

the fact that it did means it will just take longer thats all..
no stress..drink herbal tea
  • #322,614
  • Aug 24, 2012 3:59am Aug 24, 2012 3:59am
Quoting nAVIN2007
how can i be serious come on people seriously..
u guys need to chill out..

any1 post a chart of dollar index monthly plz?
...
Ghost Rider - WWTBMD?
  • #322,615
  • Aug 24, 2012 4:02am Aug 24, 2012 4:02am
Quoting nAVIN2007
when i said it isnt looking good..i meant in terms of the dailly yesterday bear candle..i was rather hoping it wasnt going to trigger..

the fact that it did means it will just take longer thats all..
no stress..drink herbal tea
It is for my self not for you

But the inverted hammer of yesterday not plm, cause the seconde day opened higher, so the bullish sentiment still in play.

I like drink green tea.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #322,616
  • Aug 24, 2012 4:04am Aug 24, 2012 4:04am
More downside??

Or retest of 1.59 now before deciding where from there??
  • #322,617
  • Aug 24, 2012 4:05am Aug 24, 2012 4:05am
Quoting Zircon
It is for my self not for you

watch this one buddy ..that might have been the bottom..possibility..

4hr swing confluence @61.8
and weekly support 1.58

smoke that!
  • #322,618
  • Aug 24, 2012 4:07am Aug 24, 2012 4:07am
Quoting Davit
ignore all posters including me
Study your own charts and methods.Forums can be distracting.

My Chart is ALL RED! Trend power short
Hah hah... my OWN chart is distracting... i bet it'll go to 5810, but....

  • #322,619
  • Aug 24, 2012 4:08am Aug 24, 2012 4:08am
Quoting Freshpips
More downside??

Or retest of 1.59 now before deciding where from there??

if this 4hr fails to break 1.58..big move up..
it lined up nice if 1.58 holds

retrace happened already
Attached Images
  • #322,620
  • Aug 24, 2012 4:09am Aug 24, 2012 4:09am
Quoting nAVIN2007
when i said it isnt looking good..i meant in terms of the dailly yesterday bear candle..i was rather hoping it wasnt going to trigger..

the fact that it did means it will just take longer thats all..
no stress..drink herbal tea
Chamomile tea will help... without sugar, please
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