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Cable Update (GBPUSD)

  • #94,241
  • Oct 28, 2008 12:59am Oct 28, 2008 12:59am
out first for 200+....
  • #94,242
  • Oct 28, 2008 1:01am Oct 28, 2008 1:01am
It's gonna fly guys
  • #94,243
  • Oct 28, 2008 1:03am Oct 28, 2008 1:03am
Quoting gagakrimba
It's gonna fly guys
I see a retrace coming soon
  • #94,244
  • Oct 28, 2008 1:06am Oct 28, 2008 1:06am
Quoting gagakrimba
It's gonna fly guys

shake it baby...i'll wait u @5550
  • #94,245
  • Oct 28, 2008 1:20am Oct 28, 2008 1:20am
Let's see 1.6000 first
  • #94,246
  • Oct 28, 2008 1:27am Oct 28, 2008 1:27am
Quoting therealist
Still around, I should have said around 5758, or maybe I should've shut the hell up.
It's going to vary based upon your data feed. Your price from your broker is not the same price as my broker.
Just digging in the trenches like everyone else!
  • #94,247
  • Oct 28, 2008 1:27am Oct 28, 2008 1:27am
Quoting eohater
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.

Hello Eohater,

I have read some of your posting on your chart, can you give me more detail in full o how your system works? Maybe on each MAs?

How do you find those MAs to be include on your time chart? Experiences?

Thanks!
  • #94,248
  • Oct 28, 2008 1:30am Oct 28, 2008 1:30am
Quoting PippingMama
Hello Eohater,

I have read some of your posting on your chart, can you give me more detail in full o how your system works? Maybe on each MAs?

How do you find those MAs to be include on your time chart? Experiences?

Thanks!
A lot of it is a feeling for the market and previous experience. You can backtest on your charts and see the different setups and how she responds on different time frames to the MA's. Consider them to be floating Support/Resistance and targets for your positions. Find turning point patterns and bounces from the MA's.
Just digging in the trenches like everyone else!
  • #94,249
  • Oct 28, 2008 1:36am Oct 28, 2008 1:36am
Target 1,5650 gbp/usd - 06.40 GMT
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Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #94,250
  • Oct 28, 2008 1:49am Oct 28, 2008 1:49am
i have a short waiting at 1.5791 but again the up trend seems a bit strong
this is nuts all the trends are strong and all the trends are breaking in a second and counter trends are building so quickly
When life gives you lemons, make lemonade
  • #94,251
  • Oct 28, 2008 1:55am Oct 28, 2008 1:55am
i guess we r going to the red lines today towards the 1.59
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When life gives you lemons, make lemonade
  • #94,252
  • Oct 28, 2008 2:06am Oct 28, 2008 2:06am
Quoting micho
i guess we r going to the red lines today towards the 1.59
ok i made a great trade right now...feeling a little better. i only closed for +10 my orig target would have closed for +40 entered at 735...i got chicken for some reason and closed at 25...
  • #94,253
  • Oct 28, 2008 2:09am Oct 28, 2008 2:09am
Quoting dakrusha
ok i made a great trade right now...feeling a little better. i only closed for +10 my orig target would have closed for +40 entered at 735...i got chicken for some reason and closed at 25...
what happened are you sick??
When life gives you lemons, make lemonade
  • #94,254
  • Oct 28, 2008 2:15am Oct 28, 2008 2:15am
Quoting micho
what happened are you sick??
no..i screwed up my own personal sys by scalping with my trading buddies and it's got me all outta sorts. had a really shitty day and i'm trying to get back in the saddle
  • #94,255
  • Oct 28, 2008 2:19am Oct 28, 2008 2:19am
Quoting dakrusha
no..i screwed up my own personal sys by scalping with my trading buddies and it's got me all outta sorts. had a really shitty day and i'm trying to get back in the saddle
its ok dude, try it in the demo account instead of the live one...
When life gives you lemons, make lemonade
  • #94,256
  • Oct 28, 2008 2:21am Oct 28, 2008 2:21am
short at 1.5684
please DON'T copy my trades I am still learning
  • #94,257
  • Oct 28, 2008 2:22am Oct 28, 2008 2:22am
it should bounce up from 1.5616 otherwise fuck it im not trading today
When life gives you lemons, make lemonade
  • #94,258
  • Oct 28, 2008 2:24am Oct 28, 2008 2:24am
Quoting dakrusha
ok i made a great trade right now...feeling a little better. i only closed for +10 my orig target would have closed for +40 entered at 735...i got chicken for some reason and closed at 25...
don't worry mate I had a really bad day a couple weeks ago. I just try and put it out of mind forget about losses, deep breath and continue to just try and make some pips. You'll get back in.

please DON'T copy my trades I am still learning
  • #94,259
  • Oct 28, 2008 2:29am Oct 28, 2008 2:29am
Quoting ezmystic
don't worry mate I had a really bad day a couple weeks ago. I just try and put it out of mind forget about losses, deep breath and continue to just try and make some pips. You'll get back in.


yeah. i'm seein the trades i just need to get back in it.
i may trade demo for a couple days to get this scalping stuff out of my head
its' got me screwed up
  • #94,260
  • Oct 28, 2008 2:30am Oct 28, 2008 2:30am
Don't worry so much .. After all it is forex. i just lost 50k just now ... luckily I got my balance to play some more.
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