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Cable Update (GBPUSD)

  • #335,881
  • Feb 15, 2013 11:17am Feb 15, 2013 11:17am
Quoting 100PipsADay
LOL. Don't put me on your reservation list. I don't really care for that resort all that much...

LOL...as long as that invitation to Hawaii stands....

Once my Mom is settled in assisted living and I get back out on the road, I'll take a little home time in CA and float out that way. Do they have Harley dealers on the island so I can rent a ride?
Ghost Rider - WWTBMD?
  • #335,882
  • Feb 15, 2013 11:22am Feb 15, 2013 11:22am
So 100, any thoughts on where the week will close? I'm thinking under the DP at 5500 perhaps?

And by the way bro, the names' Chris
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Ghost Rider - WWTBMD?
  • #335,883
  • Feb 15, 2013 11:28am Feb 15, 2013 11:28am
Quoting albchr
Very cool. Nice trades!

Now was that so hard? Makes all the difference round these parts...

It would be interesting to know what you're thinking as a target and why. Don't get me wrong, I never "set" a TP but I always have one or more in mind.
question of a target is opened. There are some important levels (1.5570 - 1.5606-1.5630 - 1.5738) importance of these levels changes over time. It is necessary to look how the price will react on it if reaches and then to make the decision. Usually I don't place take profit but if I do it, at the moments when I don't watch the market and I place always on distant level
  • #335,884
  • Feb 15, 2013 11:29am Feb 15, 2013 11:29am
Quoting albchr
LOL...as long as that invitation to Hawaii stands....

Once my Mom is settled in assisted living and I get back out on the road, I'll take a little home time in CA and float out that way. Do they have Harley dealers on the island so I can rent a ride?
Sounds good brother.

We definitely have Harley dealers but not sure if they rent out... Never looked into it.

I'm more of a German Import kind of guy

http://2.bp.blogspot.com/-xl--O2_mBY...i_A8-Small.jpg
  • #335,885
  • Feb 15, 2013 11:34am Feb 15, 2013 11:34am
Quoting albchr
So 100, any thoughts on where the week will close? I'm thinking under the DP at 5500 perhaps?

And by the way bro, the names' Chris
Chris,

Looks like we're going lower into the close so below 5500 is definitely very possible.

Just put in a few sell positions for GBP/JPY, AUD/JPY, CAD/JPY after that last upswing. Thinking we might be moving lower in the coming week(s) to form a new higher low on the weekly.

Regards,
Terry
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  • #335,886
  • Edited 11:50am Feb 15, 2013 11:36am | Edited 11:50am
The crush still in control so far , that is no correction possible so far and now trying a small diamond formation at one bottom . Lets see if diamond actually form & then invalid it to have a correction next or continue tanking with a stronger pace > next week to wait perhaps .5477/3 levels may react next.
gold reached my close level by this time but others no decision .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #335,887
  • Feb 15, 2013 11:43am Feb 15, 2013 11:43am
Quoting 100PipsADay
Sounds good brother.

We definitely have Harley dealers but not sure if they rent out... Never looked into it.

I'm more of a German Import kind of guy
All Harely dealers rent. Especially to HOG members.

Nice ride man!! But.... 4 wheels move the body, Two wheels move the soul.
Attached Image
Ghost Rider - WWTBMD?
  • #335,888
  • Feb 15, 2013 11:48am Feb 15, 2013 11:48am
Quoting albchr
All Harely dealers rent. Especially to HOG members.

Nice ride man!! But.... 4 wheels move the body, Two wheels move the soul.
Awesome! I never knew that...

**That's not my car, but looking to get another AUDI once I get my bankroll back up again (wish it was though...LOL)

What about this?

http://www.polyvore.com/cgi/img-thin...l&tid=12951492
  • #335,889
  • Feb 15, 2013 11:53am Feb 15, 2013 11:53am
Quoting 100PipsADay
Chris,

Looks like we're going lower into the close so below 5500 is definitely very possible.

Just put in a few sell positions for GBP/JPY, AUD/JPY, CAD/JPY after that last upswing. Thinking we might be moving lower in the coming week(s) to form a new higher low on the weekly.

Regards,
Terry
Nice! I think you're right Terry and those orders should do well. Keep a wide SL on that Dragon though. If the Queen farts it could swing 250 pips in a heart beat...LOL

On GU, even if it doesn't close below 5500, as long as it stays below 5530 I think we'll drop to test the low on market open, rise to test the 4 year and if it holds, make sure your air tanks are full....LOL
Ghost Rider - WWTBMD?
  • #335,890
  • Feb 15, 2013 12:04pm Feb 15, 2013 12:04pm
Quoting albchr
Nice! I think you're right Terry and those orders should do well. Keep a wide SL on that Dragon though. If the Queen farts it could swing 250 pips in a heart beat...LOL

On GU, even if it doesn't close below 5500, as long as it stays below 5530 I think we'll drop to test the low on market open, rise to test the 4 year and if it holds, make sure your air tanks are full....LOL
Yea the Geppy definitely provides volatility! Don't trade it as often as AUD/JPY but R:R is pretty sweet!

This is exactly what I've been waiting for these past few weeks!
  • #335,891
  • Feb 15, 2013 12:08pm Feb 15, 2013 12:08pm
Quoting 100PipsADay
Awesome! I never knew that...

**That's not my car, but looking to get another AUDI once I get my bankroll back up again (wish it was though...LOL)

What about this?

http://www.polyvore.com/cgi/img-thin...l&tid=12951492
Man, you'd be amazed how many cute chicks ride those. But a biker babe wouldn't be caught dead on one!

And the rest of that saying is...18 wheels move EVERYTHING else!

My "Mutt & Jeff" shot...LOL
Attached Image
Ghost Rider - WWTBMD?
  • #335,892
  • Feb 15, 2013 12:11pm Feb 15, 2013 12:11pm
Quoting albchr
Man, you'd be amazed how many cute chicks ride those. But a biker babe wouldn't be caught dead on one!

And the rest of that saying is...18 wheels move EVERYTHING else!

My "Mutt & Jeff" shot...LOL
Nice rides Chris! Those are both yours?
  • #335,893
  • Feb 15, 2013 12:14pm Feb 15, 2013 12:14pm
Quoting 100PipsADay
Yea the Geppy definitely provides volatility! Don't trade it as often as AUD/JPY but R:R is pretty sweet!

This is exactly what I've been waiting for these past few weeks!
Cut my trading teeth on the Dragon. Bit more than few lips in the process as well but I love that pair!

You and me both on GU. Hope it plays out. Actually thought it would break through back in May when it hit the LTL. But, as is often the case, 4th touch is a charm.
Ghost Rider - WWTBMD?
  • #335,894
  • Feb 15, 2013 12:19pm Feb 15, 2013 12:19pm
Quoting albchr
Cut my trading teeth on the Dragon. Bit more than few lips in the process as well but I love that pair!

You and me both on GU. Hope it plays out. Actually thought it would break through back in May when it hit the LTL. But, as is often the case, 4th touch is a charm.
Exactly!

I learned most of my PASR trading from Strats FOREX Trading.

I'm not a paid member and am not advertising, however, the homepage which is open to the public has EXCELLENT information available for those who are interested.

You have any good materials / links for me to check out in regards to PASR by chance? Always looking to learn more...
  • #335,895
  • Feb 15, 2013 12:20pm Feb 15, 2013 12:20pm
Quoting 100PipsADay
Nice rides Chris! Those are both yours?
Yes sir.

Been riding since I was 4. Grew up racing dirt bikes. Got that baby new in 07. Been a self employed custom home builder/woodworker since I was 16. My back finally gave out also in 07. Had to find something to do and it turned out (quite by accident) I found my back would let me drive. So I tried driving OTR and loved it! Started in August 2010, just bought that truck and then had to quit last May to take care of Mom.

Hoping to get back out there soon. I miss the road and the paycheck! LOL
Ghost Rider - WWTBMD?
  • #335,896
  • Feb 15, 2013 12:26pm Feb 15, 2013 12:26pm
Quoting albchr
Yes sir.

Been riding since I was 4. Grew up racing dirt bikes. Got that baby new in 07. Been a self employed custom home builder/woodworker since I was 16. My back finally gave out also in 07. Had to find something to do and it turned out (quite by accident) I found my back would let me drive. So I tried driving OTR and loved it! Started in August 2010, just bought that truck and then had to quit last May to take care of Mom.

Hoping to get back out there soon. I miss the road and the paycheck! LOL
Physical labor will do that to a man, my brother is not much older than me but he's been working as a carpenter for almost 15 years now and he's already starting to feel the pain...

Truck driver sounds like a lot of fun to me, I also enjoy being on the road. Problem is, there's not much road out here in Hawaii! LOL You can circle the whole island in about an hour and a half or so.
  • #335,897
  • Feb 15, 2013 12:31pm Feb 15, 2013 12:31pm
Quoting 100PipsADay
Exactly!

I learned most of my PASR trading from Strats FOREX Trading.

I'm not a paid member and am not advertising, however, the homepage which is open to the public has EXCELLENT information available for those who are interested.

You have any good materials / links for me to check out in regards to PASR by chance? Always looking to learn more...
Got a really good foundation in PASR from J16. Azim (The Wormhole) taught me much about trend lines. EO and the gang taught me reading PA on lower TF's and fast paced. The rest? Practice Practice Practice... DAM!! OUCH!! CRAP!! YEAH!!! ....LOL

The J16 thread (PASR) is now HUGE to read through but the "gang" still actively helps folks. http://www.forexfactory.com/showthread.php?t=2331

Some of the finest people and traders on FF. James, Jarroo, Mike, Ghous...you'll get to know the gang pretty quick.
Ghost Rider - WWTBMD?
  • #335,898
  • Feb 15, 2013 12:37pm Feb 15, 2013 12:37pm
Quoting 100PipsADay
Physical labor will do that to a man, my brother is not much older than me but he's been working as a carpenter for almost 15 years now and he's already starting to feel the pain...

Truck driver sounds like a lot of fun to me, I also enjoy being on the road. Problem is, there's not much road out here in Hawaii! LOL You can circle the whole island in about an hour and a half or so.
Actually it was an injury as a kid working landscape that never got fixed. Just ground the disc's to dust over 33 years.

Yeah but...what a VIEW! (Still jealous) lLOL

Been in every state on the mainland bro many times. Some truly spectacular sights out there. And a LOT of idiot drivers...LOL It's high stress and big responsibility but it's a blast for sure. As long as you don't mind living in the truck. When I go out, it's for months at a time.
Ghost Rider - WWTBMD?
  • #335,899
  • Feb 15, 2013 12:41pm Feb 15, 2013 12:41pm
Quoting albchr
Got a really good foundation in PASR from J16. Azim (The Wormhole) taught me much about trend lines. EO and the gang taught me reading PA on lower TF's and fast paced. The rest? Practice Practice Practice... DAM!! OUCH!! CRAP!! YEAH!!! ....LOL

The J16 thread (PASR) is now HUGE to read through but the "gang" still actively helps folks. http://www.forexfactory.com/showthread.php?t=2331

Some of the finest people and traders on FF. James, Jarroo, Mike, Ghous...you'll get to know the gang pretty quick.
Thanks Chris! I'm gonna bookmark that thread and get back to it sometime this weekend. Much appreciated.
  • #335,900
  • Feb 15, 2013 1:00pm Feb 15, 2013 1:00pm
Quoting 100PipsADay
Thanks Chris! I'm gonna bookmark that thread and get back to it sometime this weekend. Much appreciated.
My pleasure Terry. I've seen enough in you to know that you can skip much of the begining J16 concepts but the first page there has some great ground rules and links to the real guts of the style. A guy named Josh put a HUGE amount of effort into compiling links to it all. They take a very conservative approach on large TF's better suited to large accounts. But I was able to adapt it to smaller TF's for my humble account...LOL


If you want, check the first page of my thread for some links to the main threads I learned from. http://www.forexfactory.com/showthread.php?t=199688 (give ya a bit of insight to my humble start as well)


I don't think EO and the original gang are on his thread much but there are some disciples doing a good job of keeping it going.

Wormboy doesn't post much either (a new family) but his thread is worth a read.
Ghost Rider - WWTBMD?
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