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Cable Update (GBPUSD)

  • #54,841
  • Feb 19, 2008 3:35pm Feb 19, 2008 3:35pm
Where is 4x_Trader, I need my daily FIX... bad
Darkness lies one inch ahead..
  • #54,842
  • Feb 19, 2008 3:38pm Feb 19, 2008 3:38pm
Quoting TraderJR
You mean you do not place Stops?
mentally the stops are there.
1. If I place stops that takes time. In a fast moving market I do not have time I can looses precious pips.
2. That is not the brokers business where my stops are. I get out anyway when I think so.
This needs terrible discipline and fresh head.
.
  • #54,843
  • Feb 19, 2008 3:43pm Feb 19, 2008 3:43pm
I wanted to attach an image showing scalps from today.. but the thing with the icon doesn't do anything (so's the rest of them).. didn't find a technical support forum here, so anybody knows how to fix that ? something with java maybe ?
On the path to Enrichment.
  • #54,844
  • Feb 19, 2008 3:44pm Feb 19, 2008 3:44pm
Quoting bullrock
mentally the stops are there.
1. If I place stops that takes time. In a fast moving market I do not have time I can looses precious pips.
2. That is not the brokers business where my stops are. I get out anyway when I think so.
This needs terrible discipline and fresh head.
what if the market moves very fast against you tho?
  • #54,845
  • Feb 19, 2008 3:48pm Feb 19, 2008 3:48pm
4h charts show a bearish move!!!
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,846
  • Feb 19, 2008 4:02pm Feb 19, 2008 4:02pm
Quoting salah k.
4h charts show a bearish move!!!
Why do you think this?

But U could be right, every other time GU has hit 19474/5 it has rebounded strongly. The last rebound was especially weak, a mere 11 pips. Might mean supply of buyers who have been holding price at this level have dried up..

Anyway I'm demo short at 19485
Darkness lies one inch ahead..
  • #54,847
  • Feb 19, 2008 4:12pm Feb 19, 2008 4:12pm
Quoting Genics
what if the market moves very fast against you tho?
click the mouse.
.
  • #54,848
  • Feb 19, 2008 4:14pm Feb 19, 2008 4:14pm
Quoting bullrock
click the mouse.
Basically it really doesnt matter that my SL gets executed 10 pips later beacuse of the fast market and slippage or I click the mouse faster,
.
  • #54,849
  • Feb 19, 2008 4:17pm Feb 19, 2008 4:17pm
Quoting TraderJR
Why do you think this?

But U could be right, every other time GU has hit 19474/5 it has rebounded strongly. The last rebound was especially weak, a mere 11 pips. Might mean supply of buyers who have been holding price at this level have dried up..

Anyway I'm demo short at 19485
i used moving average plus im new too(demo account) also so i might be wrong most of the times but i didnt enter the market this time.
still very tricky.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #54,850
  • Feb 19, 2008 4:30pm Feb 19, 2008 4:30pm
Quoting salah k.
i used moving average plus im new too(demo account) also so i might be wrong most of the times but i didnt enter the market this time.
still very tricky.
Tricky tricky but constantly and surely slides to the south...
.
  • #54,851
  • Feb 19, 2008 4:46pm Feb 19, 2008 4:46pm
Quoting bullrock
Tricky tricky but constantly and surely slides to the south...
Did move south but seems to be stuck ATM in triple M15/H1/D1 fib confluence 19469-19472
Darkness lies one inch ahead..
  • #54,852
  • Feb 19, 2008 5:42pm Feb 19, 2008 5:42pm
Cable is odd right now. I am seeing momentum divergence from the higher momentum but lower price. On further reconsideration, I will sit this triangle out. Any thoughts on this?
  • #54,853
  • Feb 19, 2008 5:48pm Feb 19, 2008 5:48pm
Quoting lessy
morning star on my H1. long @ 1.9508.
square @ 1.9490...
Never Give Up.....
  • #54,854
  • Feb 19, 2008 6:03pm Feb 19, 2008 6:03pm
Quoting lessy
square @ 1.9490...
"square" - do you mean "breakeven"?
Darkness lies one inch ahead..
  • #54,855
  • Feb 19, 2008 6:14pm Feb 19, 2008 6:14pm
im still hold 2 post buy at GU...
currently float -47
i have some reason why im still hold my position..


1st feel free look at market watch:

http://www.dukascopy.com/swiss/engli...tch/sentiment/

2nd trading system
  • #54,856
  • Feb 19, 2008 6:24pm Feb 19, 2008 6:24pm
Quoting fxfariz
im still hold 2 post buy at GU...
currently float -47
i have some reason why im still hold my position..


1st feel free look at market watch:

http://www.dukascopy.com/swiss/engli...tch/sentiment/

2nd trading system
Do you understand this? Sentiment BUY while price is sliding to south and I am also sitting in longs?
Cable often does this: slowly but surely move into 1 direction for hours/days just to erase the whole of it in one single shot. Hope this will happen again.
.
  • #54,857
  • Feb 19, 2008 6:40pm Feb 19, 2008 6:40pm
I just said something....
.
  • #54,858
  • Feb 19, 2008 6:40pm Feb 19, 2008 6:40pm
Quoting bullrock
Do you understand this? Sentiment BUY while price is sliding to south and I am also sitting in longs?
Cable often does this: slowly but surely move into 1 direction for hours/days just to erase the whole of it in one single shot. Hope this will happen again.
mean what bro??
i just the market watch only...
can u explain to me bro?
  • #54,859
  • Feb 19, 2008 6:49pm Feb 19, 2008 6:49pm
Quoting fxfariz
mean what bro??
i just the market watch only...
can u explain to me bro?
Look at the 15 min chart and you will understand... The market was sliding for HOURS downwards just to erase that in 45 minutes. The whole of it.
.
  • #54,860
  • Feb 19, 2008 7:08pm Feb 19, 2008 7:08pm
Quoting bullrock
Look at the 15 min chart and you will understand... The market was sliding for HOURS downwards just to erase that in 45 minutes. The whole of it.
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