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Cable Update (GBPUSD)

  • #65,141
  • May 11, 2008 5:27pm May 11, 2008 5:27pm
Quoting hard1head1
At 1 hr DTL. May hold may not
On Alpari UK, H1 shows a close (but not candle body) well above that trendline
Attached Image (click to enlarge)
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Darkness lies one inch ahead..
  • #65,142
  • Edited 7:01pm May 11, 2008 5:37pm | Edited 7:01pm
Quoting Abuawad
Hi there,
Please review the table for Monday 12-05-2008. And please post your feedback on it, I have been long time away from the market and could be some value hidden in the analysis I don't see them well.
But once I return the value in the table will be more accurate as you all used to see…
Happy pips for you all…

I'm still having problem in focusing long time on the screen…
Welcome back Abuawad.

What do you recommend because of different H4 closes with different timezones/brokers? (they can be quite close, but they can be very different)

e.g. in attached IBFX and Alpari UK, respective screenshots taken seconds apart

See http://www.forexfactory.com/showpost...ostcount=64101
Attached Image (click to enlarge)
Click to Enlarge Name: 080410 GBP-USD H4 IBFX & Alpari UK.gif Size: 24 KB
Darkness lies one inch ahead..
  • #65,143
  • May 11, 2008 5:39pm May 11, 2008 5:39pm
Yea JR, it will probably go back to 9600, but its against, and its a 1 hr signal, so Im 10-10 and on the side....... I am also up 40 pips on EU


Quoting TraderJR
On Alpari UK, H1 shows a close (but not candle body) well above that trendline
  • #65,144
  • May 11, 2008 5:40pm May 11, 2008 5:40pm
is it just me but navin don't seems to know what the hell he's doing, it just seems like he's very confuse. were looking at one of those newbies who won't be around to long.
If I Go Broke Trying Then I Will die happy.
  • #65,145
  • May 11, 2008 5:58pm May 11, 2008 5:58pm
Before I hit the rack, keep an eye on the 1 hr chart. It looks like it may be turning bearish here in the last hour.

Jim
  • #65,146
  • May 11, 2008 5:59pm May 11, 2008 5:59pm
He just needs help and he needs to listen.

Jim

Quoting Moe
is it just me but navin don't seems to know what the hell he's doing, it just seems like he's very confuse. were looking at one of those newbies who won't be around to long.
  • #65,147
  • May 11, 2008 7:03pm May 11, 2008 7:03pm
Quoting hard1head1
Before I hit the rack, keep an eye on the 1 hr chart. It looks like it may be turning bearish here in the last hour.

Jim
Yes, last two H1 candles were red, and H4 candle just closed was a small near-hanging man (tho green with small body)

Actually, a perfect set of H1 tweezer-tops also..
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.gif Size: 66 KB
Darkness lies one inch ahead..
  • #65,148
  • May 11, 2008 7:19pm May 11, 2008 7:19pm
Quoting hard1head1
Hello, Ole buddy, We could sure use your input and more important, your G/U expierience, here also. Lots of newbys here that are going to be good traders. With your help we will have upped the ante. I know your expierience in retracements and over bought and over sold conditions, will help. And I know you like to place limit orders, something that I could learn a bit more about myself. Looking forward to talking to you again.

P.S. I have been thinking about using a Yahoo based I.M., along with FF to be able to pass charts back and forth as a teaching tool. It takes too long on FF, and you have to keep refreshing. Well, I am off to my mothers and will be looking forward to beeing here at the open.


Jim

Thanks mate...i will see how much i can contribute in here with the little time that i have on hand...
  • #65,149
  • May 11, 2008 7:41pm May 11, 2008 7:41pm
Quoting Moe
is it just me but navin don't seems to know what the hell he's doing, it just seems like he's very confuse. were looking at one of those newbies who won't be around to long.
no more negative. Leave him alone.
USD Est Non Mortuus
  • #65,150
  • May 11, 2008 9:22pm May 11, 2008 9:22pm
Price seems just to be making a small pull back but overall looking bearish ....looking to see if this levels hold and that should give it the push needed to go after the intraday target of 9417 if you do short thought look at price near 9431

Attached Image (click to enlarge)
Click to Enlarge Name: 111.gif Size: 45 KB
  • #65,151
  • Edited 10:14pm May 11, 2008 9:49pm | Edited 10:14pm
Thannk you
Que
  • #65,152
  • May 11, 2008 10:08pm May 11, 2008 10:08pm
Quoting Moe
is it just me but navin don't seems to know what the hell he's doing, it just seems like he's very confuse. were looking at one of those newbies who won't be around to long.
Is this really called for!!!! Rather give analysis then criticism!
  • #65,153
  • May 11, 2008 10:21pm May 11, 2008 10:21pm
I think it is too scary to enter into any trade because USD has strengthened across the Asia Board and Doris Halim's estimation (decline to 1.9458) has already arrived (then it will decline to 1.9458--1.9470 at 1:42--5:45pm) and it is 1:17 am NW time so it looks like the London Session could be a volatile session and may be Doris estimation about US session (the price will goes up to 1.9582--1.9599 at 5:55--10:05pm.) could be happening between 1:42 - 5:45 pm BUT IF THE NEWS WOULD BE BAD then it might go back to 1.9400 or lower than 1.9380.

I would like to away from the computer because it is too scary to enter into the trade and when the news would come I would be in my sleep (3:30 am US central zone time) so good bye everybody till tomorrow. Even the Beatforex.110mb.com website didn't clear about G/U and E/U so far and they are waiting for 4H Candle formation....
  • #65,154
  • May 11, 2008 11:00pm May 11, 2008 11:00pm
Quoting Moe
is it just me but navin don't seems to know what the hell he's doing, it just seems like he's very confuse. were looking at one of those newbies who won't be around to long.
Moe,

Be nice.

Rob
  • #65,155
  • May 11, 2008 11:07pm May 11, 2008 11:07pm
Quoting priceaction
Moe,

Be nice.

Rob
Things that are very obvious to a seasoned trader are all a blur to a newbie. Appreciate everybody's kindness on the forum to show new ones the rope, and put up with our ignorance.
Expected the unexpected
  • #65,156
  • May 11, 2008 11:23pm May 11, 2008 11:23pm
Going long at 1.9465.
  • #65,157
  • May 11, 2008 11:34pm May 11, 2008 11:34pm
Careful DJ...........!!!

Jim

Quoting DJ4x
Going long at 1.9465.
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  • #65,158
  • Edited 11:51pm May 11, 2008 11:37pm | Edited 11:51pm
Quoting hard1head1
Careful DJ...........!!!

Jim
I see.... SL at BE now. Actually, scrap that.. Moving SL much lower. That goes against trading rules. Just my nerves
  • #65,159
  • May 11, 2008 11:57pm May 11, 2008 11:57pm
It is in a small 4 Hr triangle, probably till news at 430.

Jim
  • #65,160
  • May 12, 2008 12:05am May 12, 2008 12:05am
Quoting priceaction
Moe,

Be nice.

Rob
Moe might not be too nice but for sure is he right. This "newbie" Navin practically hijacked the thread with his 1600+ posts looking almost "scientific" and saying nothing.

I much more prefer Moe's satiric and amusing perceptions than newbie's "analyses" overrunning the thread...

Sorry Navin, that's how I feel it...
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