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Cable Update (GBPUSD)

  • #92,281
  • Oct 17, 2008 10:50am Oct 17, 2008 10:50am
Quoting eohater
let me get this right. Are you saying we're headed to 2.0000 price?
ya after 2000 years
When life gives you lemons, make lemonade
  • #92,282
  • Oct 17, 2008 10:51am Oct 17, 2008 10:51am
i wish FF has a chat room for everyone trading together
  • #92,283
  • Oct 17, 2008 10:53am Oct 17, 2008 10:53am
Quoting joeblack
i wish FF has a chat room for everyone trading together
if that happened there would be bigger loses
  • #92,284
  • Oct 17, 2008 10:53am Oct 17, 2008 10:53am
Quoting micho
ya after 2000 years
that's funny shit!
Just digging in the trenches like everyone else!
  • #92,285
  • Oct 17, 2008 10:55am Oct 17, 2008 10:55am
Quoting nAVIN2007
if that happens i will give up trading
nah bro....you won't give up trading you'll just trade what you see.
Just digging in the trenches like everyone else!
  • #92,286
  • Oct 17, 2008 10:56am Oct 17, 2008 10:56am
Quoting eohater
nah bro....you won't give up trading you'll just trade what you see.
i dont think i could give up even if i wanted too...i love this shit!
  • #92,287
  • Oct 17, 2008 10:57am Oct 17, 2008 10:57am
This cable group has to be one of the best on FF. You guys really teach and help each other.

Thanks for the awesome support
  • #92,288
  • Oct 17, 2008 10:57am Oct 17, 2008 10:57am
Quoting eohater
that's funny shit!
hahaha do you remember someone uploading a picture of a rocket to the moon flying up price was at 2.0
then i modified the picture and rotated it 180 degrees and the rocket is upside down... and cable flying down... i wish i placed shorts up there hahahahah
When life gives you lemons, make lemonade
  • #92,289
  • Oct 17, 2008 10:58am Oct 17, 2008 10:58am
Quoting nAVIN2007
i dont think i could give up even if i wanted too...i love this shit!
my sentiments exactly
Just digging in the trenches like everyone else!
  • #92,290
  • Oct 17, 2008 11:00am Oct 17, 2008 11:00am
congratulations you've hit your first stop loss hahahahah
When life gives you lemons, make lemonade
  • #92,291
  • Oct 17, 2008 11:02am Oct 17, 2008 11:02am
Joeblack, care to share your scalping system? I've lost 50 pips today.
  • #92,292
  • Oct 17, 2008 11:03am Oct 17, 2008 11:03am
Quoting micho
hahaha do you remember someone uploading a picture of a rocket to the moon flying up price was at 2.0
then i modified the picture and rotated it 180 degrees and the rocket is upside down... and cable flying down... i wish i placed shorts up there hahahahah
I do remember the picture and I too wish I had shorts till open from there. I'm still waiting to see 1.57-1.58 again. This is where she was when I first started trading.
Just digging in the trenches like everyone else!
  • #92,293
  • Oct 17, 2008 11:04am Oct 17, 2008 11:04am
where is lurkylurker and alserene and DJ4x and carrerra and amertini and abuawad and runawaytrade
When life gives you lemons, make lemonade
  • #92,294
  • Oct 17, 2008 11:08am Oct 17, 2008 11:08am
Quoting PipGal
This cable group has to be one of the best on FF. You guys really teach and help each other.

Thanks for the awesome support
let me give u some advice:

if u trade on a 5 minute chart your trading 5 minute intervals and u gotta understand that the trend is only worth 5 minutes. u should only use 5 minute to enter or exit

i use at least 1hr to definate a short term trend
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  • #92,295
  • Oct 17, 2008 11:09am Oct 17, 2008 11:09am
I'm headed for lunch. I have no idea where cable is going but I have a pending short order placed at 1.7370 to play off the 4h 50ema. I don't know if we'll get there. Being that it's Friday she might just hang around her current price 25 pips up and down for the rest of the day.
Just digging in the trenches like everyone else!
  • #92,296
  • Oct 17, 2008 11:10am Oct 17, 2008 11:10am
it's not a scalping system actually, work good only on ranging market (small or higher time frame). i use only QQE and bollinger band. and also looking for price action
  • #92,297
  • Oct 17, 2008 11:15am Oct 17, 2008 11:15am
like this one i missed, when price touch the upper trend line, QQE still on downtrend mode. a good entry for that. and before that price goes to upper BB and went down, it went again to upper BB and went down again
Attached Image (click to enlarge)
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  • #92,298
  • Oct 17, 2008 11:15am Oct 17, 2008 11:15am
Quoting nAVIN2007
let me give u some advice:

if u trade on a 5 minute chart your trading 5 minute intervals and u gotta understand that the trend is only worth 5 minutes. u should only use 5 minute to enter or exit

i use at least 1hr to definate a short term trend

Thanks buddy. I HR chart on cable is def down, but sometimes I get confused because the I H sto changes direction with the smaller TF action.
  • #92,299
  • Oct 17, 2008 11:24am Oct 17, 2008 11:24am
Quoting PipGal
Thanks buddy. I HR chart on cable is def down, but sometimes I get confused because the I H sto changes direction with the smaller TF action.

this is an example of just trading what u see and it can be seen after the event that it actaully works.....but to trade 1 minute time frame require great skills....it isnt a time frame which should be used by people starting out in trading......look at the diverences

nothing random about it!!!!!!
if not experienced in trading to trade this on the fly will kill u
Attached Image (click to enlarge)
Click to Enlarge Name: bulldog.com.jpg Size: 135 KB
  • #92,300
  • Oct 17, 2008 11:33am Oct 17, 2008 11:33am
Quoting nAVIN2007
this is an example of just trading what u see and it can be seen after the event that it actaully works.....but to trade 1 minute time frame require great skills....it isnt a time frame which should be used by people starting out in trading......look at the diverences

nothing random about it!!!!!!
if not experienced in trading to trade this on the fly will kill u

I cannot make head or tail of this chart!

Anything less than 1H seems like noise to me. I need a clear picture of the trend
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