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Cable Update (GBPUSD)

  • #94,901
  • Oct 30, 2008 11:12am Oct 30, 2008 11:12am
QQE 60 on 1 hr indicator just crosed down.So we might have retrace but more down will follow i think1 hr is big TF so may take time but this is going down.We will touch that 4 hr gann for sure at 6200 area.Next pivot below is 6166.So that is wheare i am waiting this.But first 6200 and 4hr gann.If we close this 4 hr candle below gann then ...
  • #94,902
  • Oct 30, 2008 11:16am Oct 30, 2008 11:16am
I wait slowly movement to enter again !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #94,903
  • Oct 30, 2008 11:29am Oct 30, 2008 11:29am
Quoting musani
This is what i learn from u +135
SWEET! I'm out of positions myself! Got stopped out from the bounce from the 1h 62ema. She usually gives a nice bounce the first new touch of around 100-150 pips and she came up and ate my shorts. No worries they were set with SL at +100.

Keep up the hard work, it will payoff!
Just digging in the trenches like everyone else!
  • #94,904
  • Oct 30, 2008 11:35am Oct 30, 2008 11:35am
Quoting PipGal
Expert, I am curious to understand your system. You obviously look at Gann right? Do you plot the Hi Lo? If the price is below Gann, it's a short? and vice versa?
Sorry for late answer.I was busy.Now i was looking for other posts to see what was people writing today to see if any new way of thinking.

Yes as long we are below Gann central line we are short.That central line must be 45 angle.But needs time to practice and make that gann write.Also you have T3 line.Works just fine.When price is below go short and oposite for long.It is easy when you use it with MACD or momentum or RSI.Try search on forum you will find it.Also i use for some time ichimoku and doing just fine.Great S/R lines and areas and combine together with gann or something else finding good place for trades .

Emas a re good but i use them just as trend direction.But this Eohater's 1 hr 62 is good but little risky if not used with something else.But takes time to understand system so need to learn more.50 ema can give great S/R areas and if indicators shows that too i do the trade.i was using 50 ema but need to study Eohater as well.Just to find some time free.

So in short i use MACD(8,17,9)momentum,RSI,CCI,STOCH.

Oh yes divergances on big time frame clasic especialy.So easy to trade.! mounth ago i made 802 pips thatnks to that daily reverse bearish divergance.So easy to trade them because big guys see it too so..

If have some problems with indicators find me on messenger.I see you post buy chance.Maybe i open topic for my system if find time for writing more.
  • #94,905
  • Oct 30, 2008 11:39am Oct 30, 2008 11:39am
Quoting eohater
SWEET! I'm out of positions myself! Got stopped out from the bounce from the 1h 62ema. She usually gives a nice bounce the first new touch of around 100-150 pips and she came up and ate my shorts. No worries they were set with SL at +100.

Keep up the hard work, it will payoff!
My tf with 2 entry +105. Im out first and add 1 long.
GELORE
  • #94,906
  • Oct 30, 2008 11:39am Oct 30, 2008 11:39am
newbie here, why is it retracing this much
  • #94,907
  • Oct 30, 2008 11:43am Oct 30, 2008 11:43am
Quoting \"expert\"
Sorry for late answer.I was busy.Now i was looking for other posts to see what was people writing today to see if any new way of thinking.

Yes as long we are below Gann central line we are short.That central line must be 45 angle.But needs time to practice and make that gann write.Also you have T3 line.Works just fine.When price is below go short and oposite for long.It is easy when you use it with MACD or momentum or RSI.Try search on forum you will find it.Also i use for some time ichimoku and doing just fine.Great S/R lines and areas and combine together with gann or something else finding good place for trades .

Emas a re good but i use them just as trend direction.But this Eohater's 1 hr 62 is good but little risky if not used with something else.But takes time to understand system so need to learn more.50 ema can give great S/R areas and if indicators shows that too i do the trade.i was using 50 ema but need to study Eohater as well.Just to find some time free.

So in short i use MACD(8,17,9)momentum,RSI,CCI,STOCH.

Oh yes divergances on big time frame clasic especialy.So easy to trade.! mounth ago i made 802 pips thatnks to that daily reverse bearish divergance.So easy to trade them because big guys see it too so..

If have some problems with indicators find me on messenger.I see you post buy chance.Maybe i open topic for my system if find time for writing more.
Thank you so much if you would like to open a new topic about it ! No other system I use, except watching on M1 chart !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #94,908
  • Oct 30, 2008 11:55am Oct 30, 2008 11:55am
Will it come back down???
  • #94,909
  • Oct 30, 2008 12:00pm Oct 30, 2008 12:00pm
Can anybody answer?
  • #94,910
  • Oct 30, 2008 12:08pm Oct 30, 2008 12:08pm
Quoting Dutchi
Can anybody answer?

It will i think but when..It could go to 6434 agin.We have important pivot line theare and 50 fib is in thaT AREa.I hope i help.As for me i don't trade any more so...
  • #94,911
  • Oct 30, 2008 12:11pm Oct 30, 2008 12:11pm
Quoting \"expert\"
It will i think but when..It could go to 6434 agin.We have important pivot line theare and 50 fib is in thaT AREa.I hope i help.As for me i don't trade any more so...
I did soemthing so stupid. i let it run because the trend is down and now i am down 150 pips
  • #94,912
  • Oct 30, 2008 12:12pm Oct 30, 2008 12:12pm
Quoting Dutchi
Can anybody answer?

It sure will... maybe around 1.6477. And i think it will make another 100pips if not more.

Dont quote me please
  • #94,913
  • Oct 30, 2008 12:12pm Oct 30, 2008 12:12pm
Quoting Dutchi
Can anybody answer?
I don't know, but I just long at 1.6345 and lock at + 40 pips ! Another +50 pips, my 200 pips loss yesterday covered !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #94,914
  • Oct 30, 2008 12:16pm Oct 30, 2008 12:16pm
i just closed that postition and lost half my account.
  • #94,915
  • Oct 30, 2008 12:21pm Oct 30, 2008 12:21pm
Quoting Dutchi
i just closed that postition and lost half my account.
So sorry to hear. You are not alone, since start to trade a year ago, I have loss more than 90% till now. More better you use demo account 1st to get the sense to ride on the trend !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #94,916
  • Oct 30, 2008 12:21pm Oct 30, 2008 12:21pm
Quoting Dutchi
i just closed that postition and lost half my account.
u lost 50% on one trade?
  • #94,917
  • Oct 30, 2008 12:23pm Oct 30, 2008 12:23pm
Quoting eohater
It's frustrating when that happens! But it was +5 instead of -100. Moved my SL to +50. and TP at 6290 on 3 lots leaving 3 with SL at +50 to see how she reacts.
Great job on re-entry on 6400. I just stayed out, watched the charts go down and punched my screen. Poured coffee over keyboard, and kicked the box.
  • #94,918
  • Oct 30, 2008 12:24pm Oct 30, 2008 12:24pm
i have a very small amount and ofcourse didnt have a SL..... I was asking for it. I use forex made easy software. Yalls is much better
  • #94,919
  • Oct 30, 2008 12:42pm Oct 30, 2008 12:42pm
Quoting Dutchi
i have a very small amount and ofcourse didnt have a SL..... I was asking for it. I use forex made easy software. Yalls is much better
u need to go back to demo tomorrow u might feel sick! ..its looking like tomorrow it gonna tank..
  • #94,920
  • Oct 30, 2008 12:50pm Oct 30, 2008 12:50pm
Long @ 1.6385.
TP 1.6700
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