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Cable Update (GBPUSD)

  • #49,701
  • Jan 15, 2008 1:25pm Jan 15, 2008 1:25pm
Does enyone agree with me.
1. 4H chart previous ended with pin bar after up trend - reversal pattern.
2. 4H touched 55ema (and 62ema)
3. Top of Bollinger band
4. Stochastic turning from over bought
5. MACD turnig (not yet crossed)
6. Trend on 4H still down
7. 4H has not realy respected Fib this year so far

Thus good time to short now!?
  • #49,702
  • Jan 15, 2008 1:25pm Jan 15, 2008 1:25pm
We could end ours today trading by wishing good luck in FXdaily vacations
  • #49,703
  • Jan 15, 2008 1:28pm Jan 15, 2008 1:28pm
I'm short from almost top. The break through 9655 will confirm if we go back to 9600 or 95xx.

Edit: Oh, yes... Happy Holiday to fxDaily
"Of all the things I've lost, I miss my mind the most"
  • #49,704
  • Jan 15, 2008 1:31pm Jan 15, 2008 1:31pm
Thank you all nh....last trade loss im out today with +90 pipses
Yes Happy Hollyday you all too
  • #49,705
  • Jan 15, 2008 1:31pm Jan 15, 2008 1:31pm
Haha you are so funny bunny hunny. Next time add 100 full lots with real money though LOL.

Quoting forexnovice
YES...YES....I just shorted 15 Full lots as well...
  • #49,706
  • Jan 15, 2008 1:33pm Jan 15, 2008 1:33pm
that is how I think. I am grateful to FF too. It is free and so is this thread .... and I appreciate all of the posters here giving their input. As you stated we can learn from observing others. I have no right to complain about anything that is free! This is one happy family and I like it that way.

I want to take this time to thank all of you for all your efforts to post your findings on G/U. This is a tough pair to trade and I thank you all for your calls and DD! Keep them coming please.


ut2DaMax
  • #49,707
  • Jan 15, 2008 1:33pm Jan 15, 2008 1:33pm
I hope we get more more longest signals if im in Gran Canaria
  • #49,708
  • Jan 15, 2008 1:33pm Jan 15, 2008 1:33pm
Quoting babyfx
Haha you are so funny bunny hunny. Next time add 100 full lots with real money though LOL.
Sure if u are funding at least 50% of the real money
  • #49,709
  • Jan 15, 2008 1:36pm Jan 15, 2008 1:36pm
Quoting babyfx
Haha you are so funny bunny hunny. Next time add 100 full lots with real money though LOL.
Nice avatar
  • #49,710
  • Jan 15, 2008 1:40pm Jan 15, 2008 1:40pm
Quoting forexnovice
Sure if u are funding at least 50% of the real money
You did not deserve the infraction notice. You made a good point. "dont call up or down without proper explanation." Well that is what I got
  • #49,711
  • Jan 15, 2008 1:44pm Jan 15, 2008 1:44pm
Quoting Runway Trade
You did not deserve the infraction notice. You made a good point. "dont call up or down without proper explanation." Well that is what I got
Thanx Man ! Mucho appreciated !

Also a big thank you to the person who reported it, thats if he/she understood the point of my post.
  • #49,712
  • Jan 15, 2008 1:47pm Jan 15, 2008 1:47pm
Quoting FXdaily
I hope we get more more longest signals if im in Gran Canaria

If cable will go short, im going on vacation next month
Now we can see very nice retracement. But if tomorrow US news will be same as forecasted or even lower - cable should bouce to its todays highest price as minimum.
  • #49,713
  • Jan 15, 2008 1:50pm Jan 15, 2008 1:50pm
Sure LOL...Thanks for the drama hahah
Quoting forexnovice
Sure if u are funding at least 50% of the real money
  • #49,714
  • Jan 15, 2008 1:52pm Jan 15, 2008 1:52pm
Quoting forexnovice
Thanx Man ! Mucho appreciated !

Also a big thank you to the person who reported it, thats if he/she understood the point of my post.
I could help you here for sure.

Gracias compaņero! Lo aprecio mucho!

Thanx Man ! Mucho appreciated !

Spanish 101, hehe
  • #49,715
  • Jan 15, 2008 1:54pm Jan 15, 2008 1:54pm
Quoting Carrera
I could help you here for sure.

Gracias compaņero! Lo aprecio mucho!

Thanx Man ! Mucho appreciated !

Spanish 101, hehe
My New Spanish Teacher !!!!!!! Weeeeeeeeeee!!!
  • #49,716
  • Jan 15, 2008 2:06pm Jan 15, 2008 2:06pm
Take a break?

lol
  • #49,717
  • Jan 15, 2008 4:16pm Jan 15, 2008 4:16pm
Quoting Runway Trade
Does enyone agree with me.
1. 4H chart previous ended with pin bar after up trend - reversal pattern.
2. 4H touched 55ema (and 62ema)
3. Top of Bollinger band
4. Stochastic turning from over bought
5. MACD turnig (not yet crossed)
6. Trend on 4H still down
7. 4H has not realy respected Fib this year so far

Thus good time to short now!?

you use alot of indicators, dont you? indicators are a very good way of telling you what has happened in the past, but unfortunately they dont tell you what will happen in the future. Price action attemps to do this, and it is not a lagging indicator. The only real time "indicators" are price action and support resistance, together with fibs. This is all that you should need, hope it helps your trading..........
  • #49,718
  • Jan 15, 2008 4:26pm Jan 15, 2008 4:26pm
Quoting AmeriTrini
you use alot of indicators, dont you? indicators are a very good way of telling you what has happened in the past, but unfortunately they dont tell you what will happen in the future. Price action attemps to do this, and it is not a lagging indicator. The only real time "indicators" are price action and support resistance, together with fibs. This is all that you should need, hope it helps your trading..........
I know that there has to be a good book on Fibs out there. Would you have any recommendations? Thank you.
  • #49,719
  • Jan 15, 2008 5:25pm Jan 15, 2008 5:25pm
It's awfully quite in here....

Good thing individuals don't trade in front of eachother....

Inserted Video
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Humble Lifetime Member
  • #49,720
  • Jan 15, 2008 5:37pm Jan 15, 2008 5:37pm
Quoting KissFan
I know that there has to be a good book on Fibs out there. Would you have any recommendations? Thank you.
I have never read a book on fibs(I learned the basics from my broker's website), but I would imagine that anybook would be good, if its free, even better. Its like algebra, any math book would teach you algebra, a free one would be even better. I guess what Im trying to say is that, you can't change the theory, it always there. If I do come across any, I wont hesitate to think of you. All the best.

Jamie.
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