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Cable Update (GBPUSD)

  • #25,001
  • Aug 16, 2007 7:15am Aug 16, 2007 7:15am
i guess missin some sleep pays off at the end...my acc is up by 15%....this week...god i love the pound.N my system...!!!! ok im done for the week c you guys on tuesday.....

good luck !!!
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #25,002
  • Aug 16, 2007 7:19am Aug 16, 2007 7:19am
Quoting cesarnc
No I don't... Just had the info Alpari feeds Dow Jones, so gonna try. My concern was about technicallities on running more than 1 MT4.

Gonna try.

Thanks anyway.
I remember that you're with GFT FX what brought you to IBFX??

GFT is my second best broker??

correct me,,
SER O NO SER, ESA ES LA CUESTION A SER O NO A SER, ESA EL LA PREGUNTA..
  • #25,003
  • Aug 16, 2007 7:20am Aug 16, 2007 7:20am
hi guys, i am eyeing down to 1.93-1.94 area for the completion of wolfewave, but want to ask you if anyone thinks this should retrace back first .. to perhaps 2.0-2.01 before diving down?
  • #25,004
  • Aug 16, 2007 7:21am Aug 16, 2007 7:21am
Quoting got pips?
i guess missin some sleep pays off at the end...my acc is up by 15%....this week...god i love the pound.N my system...!!!! ok im done for the week c you guys on tuesday.....

good luck !!!
what system do you use?
  • #25,005
  • Aug 16, 2007 7:21am Aug 16, 2007 7:21am
Quoting abulsaid
I remember that you're with GFT FX what brought you to IBFX??

GFT is my second best broker??

correct me,,
Learn forex with a small account trading minis? Bad idea.
  • #25,006
  • Aug 16, 2007 7:22am Aug 16, 2007 7:22am
Wow... i'm so glad i learned another great lesson yesterday, before this morning action.

I was trying to antecipate at least a 10 pip bounce from UJ weekly trends lines and it never happened . In five minutes i was losing 20 pips... i hold because i knew that was SL hunt considering that the price hold 1 hour just below, meaning that it didn't find breakout sellers.

Price returned and i got out on zero profit. (I'm glad too i'm less greedy now than before )

Now i wake up and i see that the market completly ignored a 382 fibonacci line from a 2 year and a half bull run, on UJ.

I looked at minute charts just to see the price action... not even 1 pip bounce.

I never do this kind of greedy scalp, but... weekly lines? weekly fibs...! I don't see them everyday. Now i'm seeing that it doesn't matter...


My Lesson... "Bottoms and Tops on forex don't exist... until they really happen."



Quoting cesarnc
Learing forex, trading minis? Bad idea
I was on demo for months... now i'm on a mini. I'm learning, i guess.
  • #25,007
  • Aug 16, 2007 7:22am Aug 16, 2007 7:22am
Quoting brainless
hi guys, i am eyeing down to 1.93-1.94 area for the completion of wolfewave, but want to ask you if anyone thinks this should retrace back first .. to perhaps 2.0-2.01 before diving down?
Can you please mention the success rate of the wolfwave backtest??
SER O NO SER, ESA ES LA CUESTION A SER O NO A SER, ESA EL LA PREGUNTA..
  • #25,008
  • Aug 16, 2007 7:22am Aug 16, 2007 7:22am
long order placed 1.9860
  • #25,009
  • Aug 16, 2007 7:24am Aug 16, 2007 7:24am
Quoting brainless
hi guys, i am eyeing down to 1.93-1.94 area for the completion of wolfewave, but want to ask you if anyone thinks this should retrace back first .. to perhaps 2.0-2.01 before diving down?
Depends on potential fundamental releases I think...Technically, watch for fibo levels (retracement). Otherwise, you may want to see your stochastic...It really useful for me (at least):
Hello World
  • #25,010
  • Aug 16, 2007 7:26am Aug 16, 2007 7:26am
sorry i dont have a figure for you ..
but from past experiences, it works quite well with 3-drive patterns and when there's a bull/bear trap
  • #25,011
  • Aug 16, 2007 7:26am Aug 16, 2007 7:26am
Quoting waf_1988
Depends on potential fundamental releases I think...Technically, watch for fibo levels (retracement). Otherwise, you may want to see your stochastic...It really useful for me (at least):
Who r u today?
.
  • #25,012
  • Aug 16, 2007 7:27am Aug 16, 2007 7:27am
I have made $%^&*^%$$% profit this week so I am fine
.
  • #25,013
  • Aug 16, 2007 7:28am Aug 16, 2007 7:28am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting cesarnc
No I don't... Just had the info Alpari feeds Dow Jones, so gonna try. My concern was about technicallities on running more than 1 MT4.

Gonna try.

Thanks anyway.
contact Alpari and ask for there server details, from what i understand you don't need to download there software (same program) when you create an alpari login it will give you all there feeds and info.

you should then be able to open the program twice on your desktop but login to the two servers.

regards

MPP
  • #25,014
  • Aug 16, 2007 7:29am Aug 16, 2007 7:29am
Quoting bullrock
Who r u today?
I'm hybrid...:

Hey, the pair moved above the 38.2%fibo...Wow...Mixed trading...I would stay out from this until I get significant clue...You know, RSI on my 4H chart shows that the pair is now leaving the oversold area....Not yet known if that is only retracement...
Hello World
  • #25,015
  • Aug 16, 2007 7:32am Aug 16, 2007 7:32am
... market didn't listen the news...
  • #25,016
  • Aug 16, 2007 7:33am Aug 16, 2007 7:33am
GU up... yes??? no??? maybe???
.
  • #25,017
  • Aug 16, 2007 7:34am Aug 16, 2007 7:34am
Quoting dswk
... market didn't listen the news...
I think the market is reasonable,, give him his time..
SER O NO SER, ESA ES LA CUESTION A SER O NO A SER, ESA EL LA PREGUNTA..
  • #25,018
  • Aug 16, 2007 7:35am Aug 16, 2007 7:35am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting cesarnc
1h:30 min to go, some stretching before getting down to business....
set you a PM about MT4 demo with DJI

happy trading
  • #25,019
  • Aug 16, 2007 7:35am Aug 16, 2007 7:35am
Quoting bobblong
long order placed 1.9860
Almost being hit by price action...
Hello World
  • #25,020
  • Aug 16, 2007 7:35am Aug 16, 2007 7:35am
Bad Housing is USD bearish here, but it's much more likely to hit the stock market, then carry trades bearish.

That's why not that much of a move at the news, imo.
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