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Cable Update (GBPUSD)

  • #94,221
  • Oct 27, 2008 10:24pm Oct 27, 2008 10:24pm
Quoting eohater
She's playing dead! Someone kick her in the ass please!
Hold on...........

HOLLA
  • #94,222
  • Oct 27, 2008 10:35pm Oct 27, 2008 10:35pm
Eo, I hope I can ask you a question up here. Well, actually it's two questions. What EMAs do you use, as your system seems to rely heavily on EMAs? Also, are we thinking short or long right now, if she starts moving again? Someone said give her a kick, I'd prefer in the head since I'm short and need this thing to go down.
therealisttruest (FF wouldn't let me put my full ID because of length)
  • #94,223
  • Oct 27, 2008 10:58pm Oct 27, 2008 10:58pm
Quoting eohater
Look at the 1h 10ema also. All lined up around 1.555x
Went past the 1.5555 and then hold back down.
  • #94,224
  • Oct 27, 2008 11:03pm Oct 27, 2008 11:03pm
Quoting therealist
Eo, I hope I can ask you a question up here. Well, actually it's two questions. What EMAs do you use, as your system seems to rely heavily on EMAs? Also, are we thinking short or long right now, if she starts moving again? Someone said give her a kick, I'd prefer in the head since I'm short and need this thing to go down.
I use multiple MA's

15m: 10ema, 21 ema, 35sma and 50sma
1h: 10sma, 50 sma and 62ema
4h: 5sma, 10 sma, 50ema and 150ema

I'm still holding positions short, so I'm wanting to see this go south. Will it? I don't know. I'm not too thrilled with the way the last 4h candle just closed. She's sitting between the 5 and 10sma's. My positions are covered in profit regardless of what happens.
Just digging in the trenches like everyone else!
  • #94,225
  • Oct 27, 2008 11:41pm Oct 27, 2008 11:41pm
I will short again at the 1h 50 if we get there.
Just digging in the trenches like everyone else!
  • #94,226
  • Oct 28, 2008 12:12am Oct 28, 2008 12:12am
Quoting eohater
I will short again at the 1h 50 if we get there.
I think we get there and then some
  • #94,227
  • Oct 28, 2008 12:13am Oct 28, 2008 12:13am
Quoting eohater
I will short again at the 1h 50 if we get there.
Thanks for the EMAs, I see the 1h50 is also right by my 382 fib. I would think that might be a good place to short. Hopefully I'll have some time to jump in that trade too. I'm trying to nail down my entries. I have done pretty well with pivots points, fibonacci, and picking good price targets. Last night, I got almost 300 pips off of EJ, which by my price target, the low was only about 35 pips lower than my target before it bounced kind of hard. So, I'm not even close to being as good as you, but I'm trying hard. I'm really appreciative of any help I can get from people who have been successfull in the game for awhile.
therealisttruest (FF wouldn't let me put my full ID because of length)
  • #94,228
  • Oct 28, 2008 12:23am Oct 28, 2008 12:23am
One of my many flaws, didn't wait to see if the 382 fib would hold. I'm short at 5606, tp 5510. NOBODY follow me, as I'm still a newb, unless it's a good setup for you that is.
therealisttruest (FF wouldn't let me put my full ID because of length)
  • #94,229
  • Oct 28, 2008 12:32am Oct 28, 2008 12:32am
Quoting therealist
Thanks for the EMAs, I see the 1h50 is also right by my 382 fib. I would think that might be a good place to short. Hopefully I'll have some time to jump in that trade too. I'm trying to nail down my entries. I have done pretty well with pivots points, fibonacci, and picking good price targets. Last night, I got almost 300 pips off of EJ, which by my price target, the low was only about 35 pips lower than my target before it bounced kind of hard. So, I'm not even close to being as good as you, but I'm trying hard. I'm really appreciative of any help I can get from people who have been successfull in the game for awhile.
57 is in sight
  • #94,230
  • Oct 28, 2008 12:34am Oct 28, 2008 12:34am
Quoting torcuswelby
57 is in sight
I wouldn't go long at the current price.
Just digging in the trenches like everyone else!
  • #94,231
  • Oct 28, 2008 12:39am Oct 28, 2008 12:39am
Quoting eohater
I wouldn't go long at the current price.
382 fib, 1h50, and resistance from few hours ago, so hope this turns soon as it looks like a valid setup, even if I did enter early. Next stop north would be around 158, which will mean I would have long hit my stop. Here's crossing my fingers for south. Should see some volume come back in too right?
therealisttruest (FF wouldn't let me put my full ID because of length)
  • #94,232
  • Oct 28, 2008 12:40am Oct 28, 2008 12:40am
I have abad feeling about this.
I think this baby is gonna fly
  • #94,233
  • Oct 28, 2008 12:45am Oct 28, 2008 12:45am
Quoting gagakrimba
I have abad feeling about this.
I think this baby is gonna fly
it is the 5th leg up,watch out @about 20 or so
  • #94,234
  • Oct 28, 2008 12:50am Oct 28, 2008 12:50am
Quoting torcuswelby
it is the 5th leg up,watch out @about 20 or so
What about the 5th leg?
  • #94,235
  • Oct 28, 2008 12:51am Oct 28, 2008 12:51am
I will go short if the 1h closes below and near the 1h 62ema.
Just digging in the trenches like everyone else!
  • #94,236
  • Oct 28, 2008 12:52am Oct 28, 2008 12:52am
Quoting gagakrimba
I have abad feeling about this.
I think this baby is gonna fly
Damn. I have to stop doing that. Entry point is everything and I knew better. Damn.
therealisttruest (FF wouldn't let me put my full ID because of length)
  • #94,237
  • Oct 28, 2008 12:54am Oct 28, 2008 12:54am
Quoting eohater
I will go short if the 1h closes below and near the 1h 62ema.
Where is that?
  • #94,238
  • Oct 28, 2008 12:56am Oct 28, 2008 12:56am
Quoting fxpinoy
Where is that?
1.5763
Just digging in the trenches like everyone else!
  • #94,239
  • Oct 28, 2008 12:56am Oct 28, 2008 12:56am
Quoting fxpinoy
Where is that?
It was Eo's call, but looks like 5758.
therealisttruest (FF wouldn't let me put my full ID because of length)
  • #94,240
  • Oct 28, 2008 12:58am Oct 28, 2008 12:58am
Quoting eohater
1.5763
Still around, I should have said around 5758, or maybe I should've shut the hell up.
therealisttruest (FF wouldn't let me put my full ID because of length)
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