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Cable Update (GBPUSD)

  • #330,701
  • Nov 23, 2012 7:51am Nov 23, 2012 7:51am
Quoting _BBKing_
trading lesson n.1
what happens when a price goes up?

a) goes more up
b) goes down because it is not going up
c) damn was better to buy so since i didn't buy... i try to sell

lesson number 2

avoid strong and attack weak
Wolves don't lose any sleep over the opinion of the sheep.
  • #330,702
  • Nov 23, 2012 7:59am Nov 23, 2012 7:59am
Quoting _BBKing_
trading lesson n.1
what happens when a price goes up?

a) goes more up
b) goes down because it is not going up
c) damn was better to buy so since i didn't buy... i try to sell


haha love the abc


and I want it to go down
Loosening is not an option
  • #330,703
  • Nov 23, 2012 8:05am Nov 23, 2012 8:05am
Quoting FX Wolf
lesson number 2

avoid strong and attack weak


also true...

anyway be careful shorting EJ now, here, in this situation.
you will have 10 more opportunities next week.... just my opinion
90% of traders use TA, indicators and prediction
  • #330,704
  • Nov 23, 2012 8:07am Nov 23, 2012 8:07am
Sums up today... So retarded I didn't cover full levels with my stop. Somehow I thought price was to reject right away from that trend line and had full exposure with a large position. Stopped out on 0.1 pip just to miss out on the the 70 pip upmove. Weekend, hope I learned from it this time.

http://i46.tinypic.com/v7b1oy.gif
  • #330,705
  • Nov 23, 2012 8:09am Nov 23, 2012 8:09am
Quoting _BBKing_

also true...

anyway be careful shorting EJ now, here, in this situation.
you will have 10 more opportunities next week.... just my opinion
yes sir correct!


this is by sun tzu art of war i see bulls are getting weak in yen crosses
Wolves don't lose any sleep over the opinion of the sheep.
  • #330,706
  • Nov 23, 2012 8:42am Nov 23, 2012 8:42am
ok seems like this pair is waking up a little bit, better later than never eheh
  • #330,707
  • Nov 23, 2012 8:45am Nov 23, 2012 8:45am
Quoting FX Wolf
yes sir correct!


this is by sun tzu art of war i see bulls are getting weak in yen crosses
it's possible.
today i gave an eye again in EJ + UJ charts to identify lower levels.
there is an interesting 81uj and a 104.90ej (let's say 104.50-60 but you know....). what i mean is to wait a clear sign of weakness, maybe wait exhaustion, then short to target those levels.
still lot of work IMO.
in these conditions could mean 1-2 weeks from now.

anyway interesting, tks for sharing ideas
90% of traders use TA, indicators and prediction
  • #330,708
  • Nov 23, 2012 8:46am Nov 23, 2012 8:46am
Quoting tunera
ok seems like this pair is waking up a little bit, better later than never eheh


90% of traders use TA, indicators and prediction
  • #330,709
  • Nov 23, 2012 8:53am Nov 23, 2012 8:53am
crazy things happening since past 2 hrs.

how the heck it bounced to 1.6034 after 1.6020 was cleared.
  • #330,710
  • Nov 23, 2012 8:54am Nov 23, 2012 8:54am
Quoting _BBKing_


But i guess we'll have to wait another week to reach the resistance levels,
oh well, it's all about waiting in this game.

Happy weekend to everybody in meanwhile
  • #330,711
  • Nov 23, 2012 9:02am Nov 23, 2012 9:02am
Quoting tunera
But i guess we'll have to wait another week to reach the resistance levels,
oh well, it's all about waiting in this game.

Happy weekend to everybody in meanwhile
patience was the key in last 2 weeks in GBPUSD.
luckily something else moved better.
i targeted some more few minutes ago.

left last position to run free for a possible more upward next week.
who knows... if weekly bullish engulfing holds, we can go more up

bybye
90% of traders use TA, indicators and prediction
  • #330,712
  • Nov 23, 2012 9:06am Nov 23, 2012 9:06am
Quoting Ill-b-back
Ah ha, ok.

Maybe time to cut it off at the nuts.

I've really got to pack it in now, up in 4.5 hrs.

Goodnight brother, have a great weekend mate.


Back to bed for 1 more hours sleep
Come with me if you want to live....
  • #330,713
  • Nov 23, 2012 9:09am Nov 23, 2012 9:09am
Quoting Ill-b-back
I think NY might go Ape-Shit today
Ape-Shit...
Come with me if you want to live....
  • #330,714
  • Nov 23, 2012 9:11am Nov 23, 2012 9:11am
anybody believe in this ?
Attached Image (click to enlarge)
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  • #330,715
  • Nov 23, 2012 9:18am Nov 23, 2012 9:18am
Quoting Mr.C
The second TL zone worked as charm.

Navin - thanks. Hope your all good man.
Go cable! Reached my TP2. Now - AWR and I am gone for the weekend.
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Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #330,716
  • Nov 23, 2012 9:20am Nov 23, 2012 9:20am
silver has just broke $34.00 mark is it heading 2wards $40?

gold is headed 1765?? then 1800 for 1880?

cable 1.63??

any idea guys?
Wolves don't lose any sleep over the opinion of the sheep.
  • #330,717
  • Nov 23, 2012 9:23am Nov 23, 2012 9:23am
Quoting FX Wolf
silver has just broke $34.00 mark is it heading 2wards $40?

gold is headed 1765?? then 1800 for 1880?

cable 1.63??

any idea guys?
Cable 1,6089 - for today.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #330,718
  • Nov 23, 2012 9:23am Nov 23, 2012 9:23am
what about giving an eye on 6140?
early to say.

all for next week
Attached Image
90% of traders use TA, indicators and prediction
  • #330,719
  • Nov 23, 2012 9:23am Nov 23, 2012 9:23am
Quoting FX Wolf
silver has just broke $34.00 mark is it heading 2wards $40?

gold is headed 1765?? then 1800 for 1880?

cable 1.63??

any idea guys?
ATR volatility break out in cable which is bullish i guess
Wolves don't lose any sleep over the opinion of the sheep.
  • #330,720
  • Nov 23, 2012 9:26am Nov 23, 2012 9:26am
eur/jpy first short triggered at 106.90
Wolves don't lose any sleep over the opinion of the sheep.
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