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Cable Update (GBPUSD)

  • #48,901
  • Jan 9, 2008 1:32pm Jan 9, 2008 1:32pm
Gbp/Usd

Quoting Bones
Hay that 101 chart school really paid off
Whats the address ?

The Address comes to the trader over time and experience .....
-Until then its all about doing your homework

----------------------------------------------------
It's all in the charts !
  • #48,902
  • Jan 9, 2008 1:38pm Jan 9, 2008 1:38pm
well this experience showed my something..indicators can freeze and i need to stick to my guns ...i was short last night got 100 pips and thought its all over i should have just left the trade and exited once there was a sign of reversal..thats what i learned ...i hope u guys are making money and this isnt painfull
  • #48,903
  • Jan 9, 2008 1:39pm Jan 9, 2008 1:39pm
Quoting marketwavez
Gbp/Usd




The Address comes to the trader over time and experience .....
-Until then its all about doing your homework

----------------------------------------------------
It's all in the charts !

Swotting as we speak reviewing my errors
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #48,904
  • Jan 9, 2008 1:41pm Jan 9, 2008 1:41pm
Quoting nAVIN2007
well this experience showed my something..indicators can freeze and i need to stick to my guns ...i was short last night got 100 pips and thought its all over i should have just left the trade and exited once there was a sign of reversal..thats what i learned ...i hope u guys are making money and this isnt painfull
Couldnt you have used a trailing stop ?
-as price moved in your favor ?

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  • #48,905
  • Edited 4:43pm Jan 9, 2008 1:52pm | Edited 4:43pm
Quoting marketwavez
this was the last chart that I posted in here from about 2 weeks ago
Original Post # 46905
http://forexfactory.com/showthread.p...40#post1772740
---------------------------------------------------------
Time for an Update ;

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{ Double click on chart to enlarge )
Gbp/Usd

Fibonacci Lines observations .........
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Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP-12-24-2007-#4.gif Size: 20 KB
Click to Enlarge Name: GBP-01-04-2008-#1.gif Size: 21 KB
  • #48,906
  • Jan 9, 2008 2:31pm Jan 9, 2008 2:31pm
Quoting marketwavez
Couldnt you have used a trailing stop ?
-as price moved in your favor ?

----------------------------------------------------------
actually i was experimenting i placed a trade yesterday to go short and i totally didnt think that id need the trailing stop..stupid me but it all learning curve ..the good thing is it didnt cost me money as im on a demo account
  • #48,907
  • Jan 9, 2008 2:46pm Jan 9, 2008 2:46pm
i cannot believe this now im going short its decided to go bullish....wtf
  • #48,908
  • Jan 9, 2008 2:54pm Jan 9, 2008 2:54pm
Quoting nAVIN2007
i cannot believe this now im going short its decided to go bullish....wtf
One of the biggest blunts - overtrading!

Once you go live, keep this rule in mind! ALWYAYS!
  • #48,909
  • Jan 9, 2008 2:55pm Jan 9, 2008 2:55pm
Gbp/Usd

Quoting nAVIN2007
i cannot believe this now im going short its decided to go bullish....wtf
The Pound is now oversold .......
maybe there is some profit taking happening
that could cause a small bounce in price

///////////////////////////////////////////////////////////////
Is the trend really your friend ?

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  • #48,910
  • Jan 9, 2008 3:13pm Jan 9, 2008 3:13pm
ok so the trend is down so bearish trades are the way to go i guess still and yes for sure when i go live ill make sure i dont do things like this ...infact if stuck to maney management i wont even be in this mess.....thats the other thing i learnt
  • #48,911
  • Jan 9, 2008 3:27pm Jan 9, 2008 3:27pm
dont worry i longed on 1.9565 and my sl got hit on 1.9550.

now after i got the sl HIT, its going bullish???? wtf......
uj paid me back the lost pips but gbp

tomorrow is revenge....

- if boe cut 25points, no trade.
- cut 50 points, all the way down.
- dont cut anything, big long!!!!. - the better!.

i even dont understand why FF expect the rate remains on %5.50 when most banks and big guys are expecting .25% rate cut.

even the guy who is putting the news here is having some trouble, just remember today someone put a bullish number on canadian home sales when the number was negative.

in fact that made a halt in my trading plans, then when all action was almost passed the guy who put the news, then added the real number.

WHAT THE THING, IS HAPPENING WITH FF NEWS?????
  • #48,912
  • Jan 9, 2008 9:59pm Jan 9, 2008 9:59pm
D.O.A
If I Go Broke Trying Then I Will die happy.
  • #48,913
  • Jan 9, 2008 10:09pm Jan 9, 2008 10:09pm
loading up my shorts again :-)
  • #48,914
  • Jan 9, 2008 10:16pm Jan 9, 2008 10:16pm
no babe,going up babe..going up...!!
  • #48,915
  • Jan 9, 2008 10:16pm Jan 9, 2008 10:16pm
Quoting soros_junior
loading up my shorts again :-)
short if it breaks 550
Fay All Time Return: -98.7%
  • #48,916
  • Jan 9, 2008 10:32pm Jan 9, 2008 10:32pm
First down, and then up after no cut
Trade in the now
  • #48,917
  • Jan 9, 2008 10:41pm Jan 9, 2008 10:41pm
Quoting albertotralzt
Why not now?!!

ok if you can find from google that indicator name is

Mouteki_Demark_trend_new

works best!
  • #48,918
  • Jan 9, 2008 10:56pm Jan 9, 2008 10:56pm
Quoting Designer1

ok if you can find from google that indicator name is

Mouteki_Demark_trend_new

works best!
Guys, here you have it.

i have tested it, works great on yen pairs, not by any mean you are going to trade according to this, but it shows clear patterns it can help to take decitions.

just uploaded to rapidshare, here is the link :

http://rapidshare.com/files/82624102...d_new.ex4.html
  • #48,919
  • Jan 9, 2008 11:11pm Jan 9, 2008 11:11pm
Quoting acidguy
Guys, here you have it.

i have tested it, works great on yen pairs, not by any mean you are going to trade according to this, but it shows clear patterns it can help to take decitions.

just uploaded to rapidshare, here is the link :

http://rapidshare.com/files/82624102...d_new.ex4.html

can u post you version here please i'd like to compare with what i have thank u in advance
  • #48,920
  • Jan 9, 2008 11:13pm Jan 9, 2008 11:13pm
...short 9584,long above 9599!
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