i have a feeling that its easier to touch 2.0 before touching 1.7212 looooool
eventually we will touch 1.7212 only if 2.0 doesnt break
Am begining to give up waiting for 1.7212... i think i should go long targetting 2.7212
Cable Update (GBPUSD)
- #92,301
- Oct 17, 2008 9:36am Oct 17, 2008 9:36am
Am begining to give up waiting for 1.7212... i think i should go long targetting 2.7212
- #92,302
- Oct 17, 2008 9:38am Oct 17, 2008 9:38am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I cannot make head or tail of this chart!
go to baby pips and read up on diverence
the lows/highs on the oscillator dont match that of the chart and a correction is made, this corrections happen very frequently on 1 minute chart so if your trading this not aware of diverence yur just throwing yur money away.
the point of me posting this is to show u the larger the time frame the easier trading is....forget anything less than 15 minutes better still nothing less than 1 hr......good luck
- #92,304
- Oct 17, 2008 9:43am Oct 17, 2008 9:43am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
Am begining to give up waiting for 1.7212... i think i should go long targetting 2.7212
When life gives you lemons, make lemonade
- #92,305
- Oct 17, 2008 9:57am Oct 17, 2008 9:57am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
my head starting to hurt cause of this choppy action
the gap on sunday is the breakout
- #92,306
- Oct 17, 2008 10:06am Oct 17, 2008 10:06am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
When life gives you lemons, make lemonade
- #92,308
- Oct 17, 2008 10:08am Oct 17, 2008 10:08am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
hey guys, how do i add footer on my post? can somebody teach me
When life gives you lemons, make lemonade
- #92,309
- Oct 17, 2008 10:09am Oct 17, 2008 10:09am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
When life gives you lemons, make lemonade
- #92,310
- Oct 17, 2008 10:14am Oct 17, 2008 10:14am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Joeblack, care to share your scalping system? I've lost 50 pips today.
Patience + Discipline - Greed = Success
- #92,312
- Oct 17, 2008 10:28am Oct 17, 2008 10:28am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
we're going to 1.7370 then 1.7390 possibly
When life gives you lemons, make lemonade
- #92,313
- Oct 17, 2008 10:29am Oct 17, 2008 10:29am
What timeframes do you use?
I don't know anymore. Sigh. I've used all of them and they seem to turn on me
Typically I only use 30 mins or longer. I cannot follow the noise
BTW, correct me if I am wrong, but there is a Bearish Divergence on cable now, so I am thinking of shorting here (1.7345)
- #92,314
- Oct 17, 2008 10:32am Oct 17, 2008 10:32am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
I don't know anymore. Sigh. I've used all of them and they seem to turn on me
Typically I only use 30 mins or longer. I cannot follow the noise
BTW, correct me if I am wrong, but there is a Bearish Divergence on cable now, so I am thinking of shorting here (1.7345)
... there is a high probability to reach 1.7370 and maybe 1.7390 and then nobody knows
When life gives you lemons, make lemonade
- #92,315
- Oct 17, 2008 10:33am Oct 17, 2008 10:33am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I don't know anymore. Sigh. I've used all of them and they seem to turn on me
Typically I only use 30 mins or longer. I cannot follow the noise
BTW, correct me if I am wrong, but there is a Bearish Divergence on cable now, so I am thinking of shorting here (1.7345)
i wont short here i think it going up but i wont risk it either....
everthing right now is pointing up....
look at the 1 hr chart and plot 62 ema
exponentail..that works like support/resistance.if price is above then u buy....opposite for sell
have to wait for a close above it (closed candle) unless u want to take a chance
- #92,316
- Oct 17, 2008 10:34am Oct 17, 2008 10:34am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
my guess is in less than 1 hour we will be at 1.7367
When life gives you lemons, make lemonade
- #92,317
- Oct 17, 2008 10:35am Oct 17, 2008 10:35am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
i wont short here i think it going up but i wont risk it either....
everthing right now is pointing up....
When life gives you lemons, make lemonade
- #92,319
- Oct 17, 2008 10:36am Oct 17, 2008 10:36am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
this 1 working i thing
When life gives you lemons, make lemonade
- #92,320
- Oct 17, 2008 10:37am Oct 17, 2008 10:37am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
lol rsi>50 remember......
