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Cable Update (GBPUSD)

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  • Post #142,701
  • Quote
  • Jul 5, 2009 1:51pm Jul 5, 2009 1:51pm
  •  Geppyg
  • | Commercial Member | Joined Mar 2009 | 1,422 Posts
Quoting biTrader :)
Disliked
skewed triangle [a][b][c][d][e] , see rules
Ignored
Your count and analysis is totall wrong mate....Sorry...This is from my experience...
Let Price determine your future!
 
 
  • Post #142,702
  • Quote
  • Jul 5, 2009 2:37pm Jul 5, 2009 2:37pm
  •  matjaz1982
  • | Joined Oct 2008 | Status: Member | 95 Posts

where the night went today GBP / USD?
Thanks for the reply.

 
 
  • Post #142,703
  • Quote
  • Jul 5, 2009 4:07pm Jul 5, 2009 4:07pm
  •  John_FXUK
  • | Joined Aug 2008 | Status: Member | 3 Posts
Quoting forexlion
Disliked
the signals are totally free

the broker pays me from the spread, called as rebate, cause they get more clients to join this way.
Ignored
Hi Forexlion

I was going to send you a PM but the forum won't let me, maybe as I haven't posted much here yet, perhaps it would be a good idea to include an email address on your blog.

Just a quick comment about your ZT history, I noticed you are now using 10 lots per trade there, it is normally best to use 1 lot and let the users set their lot multiples otherwise your trades may get rejected by their accounts if the lot count is too high, which could explain why the user count has gone much lower recently and yet the results do appear to be good.

By all means PM me as hopefully I'll be able to reply now.

Apologies for posting off-topic and hopefully the USD will continue to recover and we'll soon see the GBPUSD break below 1.5800 for a further move down to the 1.5300 area before any further up-moves.
 
 
  • Post #142,704
  • Quote
  • Jul 5, 2009 4:20pm Jul 5, 2009 4:20pm
  •  forexlion
  • | Additional Username | Joined Sep 2009 | 8,623 Posts
Quoting John_FXUK
Disliked
Hi Forexlion

I was going to send you a PM but the forum won't let me, maybe as I haven't posted much here yet, perhaps it would be a good idea to include an email address on your blog.

Just a quick comment about your ZT history, I noticed you are now using 10 lots per trade there, it is normally best to use 1 lot and let the users set their lot multiples otherwise your trades may get rejected by their accounts if the lot count is too high, which could explain why the user count has gone much lower recently and yet the results do appear to be good.

By...
Ignored
I connected my live account on fxpro with zt, and it goes as an ea based signal even if i do manual trading on my live account.

Since my live account is a standard account and i use 1 Lot, it goes to zt as 10 mini lots, i guess zt is using mini lots.

So whatever trades I do on my live account gets copied to zt and finally on client accounts.
 
 
  • Post #142,705
  • Quote
  • Jul 5, 2009 4:29pm Jul 5, 2009 4:29pm
  •  jack.canadia
  • Joined Dec 2008 | Status: Conservative | 2,112 Posts
I just realized we have until july 31st to still use stops and limit orders! Amazing is you ask me. Trade away!

And happy belated july 4th to the Americans in the thread!
 
 
  • Post #142,706
  • Quote
  • Jul 5, 2009 4:33pm Jul 5, 2009 4:33pm
  •  perebeks
  • | Joined Apr 2008 | Status: Member | 49 Posts
we may see a breakout on monday,,bolinger bands showing a contraction on the 30mins
 
 
  • Post #142,707
  • Quote
  • Jul 5, 2009 4:44pm Jul 5, 2009 4:44pm
  •  John_FXUK
  • | Joined Aug 2008 | Status: Member | 3 Posts
Quoting forexlion
Disliked
I connected my live account on fxpro with zt, and it goes as an ea based signal even if i do manual trading on my live account.

Since my live account is a standard account and i use 1 Lot, it goes to zt as 10 mini lots, i guess zt is using mini lots.

So whatever trades I do on my live account gets copied to zt and finally on client accounts.
Ignored
OK thanks for the quick response, perhaps the accounts now ignore the lot settings, I'll keep an eye on it and let you know if there are any rejections.
 
 
  • Post #142,708
  • Quote
  • Jul 5, 2009 5:25pm Jul 5, 2009 5:25pm
  •  jack.canadia
  • Joined Dec 2008 | Status: Conservative | 2,112 Posts
Few pips to break 6300!
 
 
  • Post #142,709
  • Quote
  • Jul 5, 2009 5:26pm Jul 5, 2009 5:26pm
  •  forexlion
  • | Additional Username | Joined Sep 2009 | 8,623 Posts
Quoting jack.canadia
Disliked
Few pips to break 6300!
Ignored
I am placing shorts for 1.58 based off 4 hour, no need for stops

Entire month of July will see $ strength, specially visible in UJ
 
 
  • Post #142,710
  • Quote
  • Jul 5, 2009 5:28pm Jul 5, 2009 5:28pm
  •  tathlynq
  • | Joined Nov 2005 | Status: LEARNING | 403 Posts
Quoting jack.canadia
Disliked
Few pips to break 6300!
Ignored
... and I eagerly await to see if the down trend continues. Here's to hoping!
Show me the PIPS!
 
 
  • Post #142,711
  • Quote
  • Jul 5, 2009 5:29pm Jul 5, 2009 5:29pm
  •  jack.canadia
  • Joined Dec 2008 | Status: Conservative | 2,112 Posts
Quoting forexlion
Disliked
I am placing shorts for 1.58 based off 4 hour, no need for stops

Entire month of July will see $ strength, specially visible in UJ
Ignored
Im with you .. but about the no stop deal, no way haha. .. im already short 6415 and 6395
 
 
  • Post #142,712
  • Quote
  • Jul 5, 2009 5:34pm Jul 5, 2009 5:34pm
  •  Bull_Bear
  • Joined Mar 2009 | Status: FX | 3,789 Posts
Quoting jack.canadia
Disliked
Im with you .. but about the no stop deal, no way haha. .. im already short 6415 and 6395
Ignored
Hey JAck.... Hows going man? Shorts is look'n nice for now
Veni, Vidi, Vici (We came, we saw, we conquered)
 
 
  • Post #142,713
  • Quote
  • Jul 5, 2009 5:42pm Jul 5, 2009 5:42pm
  •  mima
  • | Membership Revoked | Joined May 2008 | 3,395 Posts
Quoting jack.canadia
Disliked
Im with you .. but about the no stop deal, no way haha. .. im already short 6415 and 6395
Ignored
I follow guys and I am long on eurgbp....and dolar index is up
The Market pays you to be disciplined
 
 
  • Post #142,714
  • Quote
  • Jul 5, 2009 6:39pm Jul 5, 2009 6:39pm
  •  jack.canadia
  • Joined Dec 2008 | Status: Conservative | 2,112 Posts
Quoting Bull_Bear
Disliked
Hey JAck.... Hows going man? Shorts is look'n nice for now
Ignored
hey not bad you? .. i already took the shorts off the table .. there wasn't much left since i took some partial on friday

will still play the range but ultimately i favor shorts
 
 
  • Post #142,715
  • Quote
  • Jul 5, 2009 6:42pm Jul 5, 2009 6:42pm
  •  jack.canadia
  • Joined Dec 2008 | Status: Conservative | 2,112 Posts
Quoting mima
Disliked
I follow guys and I am long on eurgbp....and dolar index is up
Ignored
Ya USDx looking very bullish right now on the daily.

In a daily bull flag and looks to target 82.00
Attached Image (click to enlarge)
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Name: usdx d.gif
Size: 23 KB
 
 
  • Post #142,716
  • Quote
  • Jul 5, 2009 7:04pm Jul 5, 2009 7:04pm
  •  jack.canadia
  • Joined Dec 2008 | Status: Conservative | 2,112 Posts
Watch the july 6th video

http://blogs.fxstreet.com/fxbootcamp/
 
 
  • Post #142,717
  • Quote
  • Jul 5, 2009 7:14pm Jul 5, 2009 7:14pm
  •  Mr. Crabs
  • | Joined Dec 2006 | Status: Member | 51 Posts
ForexLion,
Are you shorting from now until 1.58 or are you waiting to short at 1.58
I'm confused on your entry point.
Thanks
 
 
  • Post #142,718
  • Quote
  • Edited at 7:45pm Jul 5, 2009 7:21pm | Edited at 7:45pm
  •  jack.canadia
  • Joined Dec 2008 | Status: Conservative | 2,112 Posts
Possible sell between 6320/30 on a gap fill.
Attached Image (click to enlarge)
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Size: 99 KB
 
 
  • Post #142,719
  • Quote
  • Jul 5, 2009 8:12pm Jul 5, 2009 8:12pm
  •  plasmapants
  • | Joined May 2008 | Status: do i look confused? | 616 Posts
Hey Jack,

Are you getting gap because of the time your brokers server opens up for business?

I'm on Oanda, and definately no gap.
bull in a china shop
 
 
  • Post #142,720
  • Quote
  • Jul 5, 2009 8:48pm Jul 5, 2009 8:48pm
  •  jack.canadia
  • Joined Dec 2008 | Status: Conservative | 2,112 Posts
Quoting plasmapants
Disliked
Hey Jack,

Are you getting gap because of the time your brokers server opens up for business?

I'm on Oanda, and definately no gap.
Ignored
Yeah .. 6pm EST (2200 GMT). Oanda opens early thats why.

But gaps on this mt4 have always been respected and ive always used them profitably.

More importantly the 00:00 GMT opening price was lower than fridays close = gap.
 
 
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